LeuTech
ActiveSummary
LeuTech has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €333k and a net result of €375k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 928 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▲+2
Solvency35▲+12
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.03 in 2024; short-term debt: 87.2% and cash: 0.2% of total assets), and 89.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.5%
Return on assets
11.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 928 sector peers (2025).
NBB · sector comparisonPosition among 928 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
24 d late
2024
24 d early
2023
27 d late
2022
2 d late
2021
2 d late
2020
86 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€11.55M▲ 42.9%
2024 · €8.09M
2018: €1.63Mlowest in 8 years
2019: €2.19M▲ +34.3% vs 2018
2020: €3.02M▲ +38.3% vs 2019
2021: €4.88M▲ +61.5% vs 2020
2022: €5.61M▲ +15.0% vs 2021
2023: €6.06M▲ +8.0% vs 2022
2024: €8.09M▲ +33.3% vs 2023
2025: €11.55M▲ +42.9% vs 2024highest in 8 years
2018 → 2025
EBIT margin
3.3%▲ 0.2pp
2024 · 3.1%
2018: -18.0%lowest in 8 years
2019: -11.5%▲ +36.3% vs 2018
2020: -3.2%▲ +72.3% vs 2019
2021: 2.7%▲ +185% vs 2020
2022: -1.9%▼ -169% vs 2021
2023: 1.9%▲ +201% vs 2022
2024: 3.1%▲ +63.6% vs 2023
2025: 3.3%▲ +5.8% vs 2024highest in 8 years
2018 → 2025
Net result
€375k▲ 58.0%
2024 · €238k
2018: €-323klowest in 8 years
2019: €-288k▲ +10.6% vs 2018
2020: €-128k▲ +55.8% vs 2019
2021: €93k▲ +173% vs 2020
2022: €-144k▼ -255% vs 2021
2023: €89k▲ +162% vs 2022
2024: €238k▲ +166% vs 2023
2025: €375k▲ +58.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€407k▲ 479%
2024 · €70k
2018: €-532k
2019: €-765k▼ -43.8% vs 2018
2020: €-832k▼ -8.7% vs 2019lowest in 8 years
2021: €-550k▲ +33.9% vs 2020
2022: €-345k▲ +37.3% vs 2021
2023: €-281k▲ +18.3% vs 2022
2024: €70k▲ +125% vs 2023
2025: €407k▲ +479% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.88M-€5.61M▲ 15.0%€6.06M▲ 8.0%€8.09M▲ 33.3%€11.55M▲ 42.9%
2021: €4.88Mlowest in 5 years
2022: €5.61M▲ +15.0% vs 2021
2023: €6.06M▲ +8.0% vs 2022
2024: €8.09M▲ +33.3% vs 2023
2025: €11.55M▲ +42.9% vs 2024highest in 5 years
Equity€-645k-€-369k▲ 42.9%€-279k▲ 24.2%€-42k▲ 85.0%€333k
2021: €-645klowest in 5 years
2022: €-369k▲ +42.9% vs 2021
2023: €-279k▲ +24.2% vs 2022
2024: €-42k▲ +85.0% vs 2023
2025: €333k▲ +895% vs 2024highest in 5 years
Operating result€133k-€-106k€116k€252k▲ 118%€381k▲ 51.1%
2021: €133k
2022: €-106k▼ -180% vs 2021lowest in 5 years
2023: €116k▲ +209% vs 2022
2024: €252k▲ +118% vs 2023
2025: €381k▲ +51.1% vs 2024highest in 5 years
Net result€93k-€-144k€89k€238k▲ 166%€375k▲ 58.0%
2021: €93k
2022: €-144k▼ -255% vs 2021lowest in 5 years
2023: €89k▲ +162% vs 2022
2024: €238k▲ +166% vs 2023
2025: €375k▲ +58.0% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 51% above 2024 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €3.19M
Equity
€333k
Provisions
€109
Debt
€2.85M
Debt finances 89.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€382k▲
2024 · €254k
Cash flow
€376k▲
2024 · €239k
Current ratio
1.15▲
2024 · 1.03
Debt to equity
8.56▲
2024 · -57.00
ROE
112.6%
ROA
11.8%▲
2024 · 10.1%
Interest coverage
62.49▲
2024 · 17.15
Debt ≤ 1 year
€2.78M▲
2024 · €2.28M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.35M€3.19M▲
Fixed assets21/28€556-
Tangible fixed assets22/27€256-
Plant, machinery and equipment23€256-
Financial fixed assets28€300-
Current assets29/58€2.35M€3.19M▲
Amounts receivable within one year40/41€2.32M€3.01M▲
Trade receivables40€2.32M€2.42M▲
Other amounts receivable41-€596k
Cash at bank and in hand54/58€24k€5k▼
Deferred charges and accrued income490/1€724€172k▲
Equity and liabilities
Total equity and liabilities10/49€2.35M€3.19M▲
Equity10/15€-42k€333k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13-€6k
Distributable reserves133-€6k
Profit (loss) carried forward14€-104k€265k▲
Provisions and deferred taxes16€109€109=
Provisions for liabilities and charges160/5€109€109=
Pensions and similar obligations160€109€109=
Amounts payable17/49€2.39M€2.85M▲
Amounts payable within one year42/48€2.28M€2.78M▲
Trade debts44€2.21M€2.78M▲
Suppliers440/4€2.21M€2.78M▲
Taxes, remuneration and social security45€21k-
Taxes450/3€21k-
Other amounts payable47/48€50k-
Accrued charges and deferred income492/3€113k€73k▼
Income statement
Code20242025
Turnover70€8.09M€11.55M▲
Goods, raw materials, services and sundry goods60/61€7.95M€11.20M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€256▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€109-
Other operating charges640/8€1k€12k▲
Gross operating margin9900€255k€394k▲
Operating profit (loss)9901€252k€381k▲
Financial income75/76B-€71
Recurring financial income75-€71
Financial charges65/66B€15k€6k▼
Recurring financial charges65€15k€6k▼
Profit (loss) for the period before taxes9903€238k€375k▲
Income taxes67/77€-2-
Profit (loss) for the period9904€238k€375k▲
Profit (loss) for the period to be appropriated9905€238k€375k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-104k€271k▲
Profit (loss) brought forward from the previous period14P€-341k€-104k▲
Transfer to equity691/2-€6k
To other reserves6921-€6k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4.88M | €5.61M | €6.06M | €8.09M | €11.55M | ▲ 42.9% |
| Goods, raw materials, services and sundry goods60/61 | €4.62M | €5.50M | €5.81M | €7.95M | €11.20M | ▲ 41.0% |
| Remuneration, social security and pensions62 | €236k | €247k | €195k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59k | €33k | €5k | €1k | €256 | ▼ 82.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €109 | - | - |
| Other operating charges640/8 | €2k | €2k | €2k | €1k | €12k | ▲ 888% |
| Gross operating margin9900 | €429k | €176k | €318k | €255k | €394k | ▲ 54.4% |
| Operating profit (loss)9901 | €133k | €-106k | €116k | €252k | €381k | ▲ 51.1% |
| Financial income75/76B | - | - | - | - | €71 | - |
| Recurring financial income75 | - | - | - | - | €71 | - |
| Financial charges65/66B | €38k | €37k | €26k | €15k | €6k | ▼ 58.7% |
| Recurring financial charges65 | €38k | €37k | €26k | €15k | €6k | ▼ 58.7% |
| Profit (loss) for the period before taxes9903 | €94k | €-143k | €90k | €238k | €375k | ▲ 58.0% |
| Income taxes67/77 | €2k | €668 | €700 | €-2 | - | - |
| Profit (loss) for the period9904 | €93k | €-144k | €89k | €238k | €375k | ▲ 58.0% |
| Profit (loss) for the period to be appropriated9905 | €93k | €-144k | €89k | €238k | €375k | ▲ 58.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.26M | €1.29M | €1.33M | €2.35M | €3.19M | ▲ 35.8% |
| Fixed assets21/28 | €36k | €7k | €2k | €556 | - | - |
| Tangible fixed assets22/27 | €35k | €6k | €2k | €256 | - | - |
| Plant, machinery and equipment23 | €1k | €4k | €2k | €256 | - | - |
| Furniture and vehicles24 | €5k | €1k | - | - | - | - |
| Other tangible fixed assets26 | €29k | €2k | - | - | - | - |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | - | - |
| Current assets29/58 | €2.22M | €1.28M | €1.33M | €2.35M | €3.19M | ▲ 35.8% |
| Amounts receivable within one year40/41 | €2.18M | €1.25M | €1.26M | €2.32M | €3.01M | ▲ 29.7% |
| Trade receivables40 | €2.18M | €1.25M | €1.25M | €2.32M | €2.42M | ▲ 4.0% |
| Other amounts receivable41 | - | - | €12k | - | €596k | - |
| Cash at bank and in hand54/58 | €40k | €6k | €61k | €24k | €5k | ▼ 79.5% |
| Deferred charges and accrued income490/1 | €2k | €19k | €2k | €724 | €172k | ▲ 23,642% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.26M | €1.29M | €1.33M | €2.35M | €3.19M | ▲ 35.8% |
| Equity10/15 | €-645k | €-369k | €-279k | €-42k | €333k | ▲ 895% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | - | - | - | - | €6k | - |
| Distributable reserves133 | - | - | - | - | €6k | - |
| Profit (loss) carried forward14 | €-707k | €-431k | €-341k | €-104k | €265k | ▲ 355% |
| Provisions and deferred taxes16 | - | - | - | €109 | €109 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €109 | €109 | = |
| Pensions and similar obligations160 | - | - | - | €109 | €109 | = |
| Amounts payable17/49 | €2.91M | €1.65M | €1.61M | €2.39M | €2.85M | ▲ 19.4% |
| Amounts payable within one year42/48 | €2.77M | €1.62M | €1.61M | €2.28M | €2.78M | ▲ 22.1% |
| Trade debts44 | €1.57M | €1.29M | €1.15M | €2.21M | €2.78M | ▲ 26.1% |
| Suppliers440/4 | €1.57M | €1.29M | €1.15M | €2.21M | €2.78M | ▲ 26.1% |
| Taxes, remuneration and social security45 | €77k | €39k | €1k | €21k | - | - |
| Taxes450/3 | €50k | €11k | €1k | €21k | - | - |
| Remuneration and social security454/9 | €27k | €27k | - | - | - | - |
| Other amounts payable47/48 | €1.12M | €294k | €461k | €50k | - | - |
| Accrued charges and deferred income492/3 | €131k | €31k | - | €113k | €73k | ▼ 35.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93k | €-144k | €89k | €238k | €375k | ▲ 58.0% |
| + Depreciation and write-downs630 | €59k | €33k | €5k | €1k | €256 | ▼ 82.7% |
| Operating cash flow (approximation) | €152k | €-111k | €94k | €239k | €376k | ▲ 57.1% |
| Investment in fixed assets (approximation) | - | €-4k | €0 | €0 | - | - |
| Change in cash | - | €-33k | €54k | €-36k | €-19k | ▲ 46.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €375k ▲58%
Operating result €381k, net result €375k, both a record.
31-12
Financial
Equity above €200kEq €333k
3 profitable years in a row build equity to €333k.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
31-12
Financial
Back to profitnet €93k
Net result €93k after 3 loss-making years.
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2016
Ground area
1.2 ha
Building footprint
1,367 m²
Parcel 24040B0224/00B000, Flanders. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
LeuTech
since 20162.260.061.495
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24040B0224/00B000 | Flanders | 1.2 ha | 1 · 1,367 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
2 parent companiesControl over this companyparent company per the LEI register2
Kontich
Kontich · indirect · LEI lapsed
controls
LeuTechBE 0664.883.530
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,643 EUR awarded · 2,643 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,643 EUR | 2,643 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
699400YQQDORY2ZSEF24
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Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 6,407 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.