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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
Ledo from Heist-op-den-Berg, company number BE0404032516, closed financial year 2025 with a result of € -10,662 after tax. For that financial year Ledo recorded a gross margin of € -3,552 and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 4,744 to € -10,662. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2026.
€ 3.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,662
▼ still € 4,744 profit in 2024
Profit after tax over the fiscal year.
€ 212
▲ € 162 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
Debts at end 2025
€ 24,615
▼ 41% vs 2024
€ 17,376 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 41,193
▲ € 39,871 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,441
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 104,683 | € 2,260,334 | € 12,521 | € -3,552 | ▼ € 16,073 |
| Profit after taxes | € 51,023 | € 1,498,168 | € 4,744 | € -10,662 | ▼ € 15,406 |
| Equity | € 2,786,148 | € 3,875,230 | € 3,879,974 | € 3,869,312 | |
| Total debts | € 203,469 | € 121,661 | € 85,805 | € 104,611 | ▲ 22% |
| Cash | € 24 | € 176,682 | € 50 | € 212 | ▲ € 162 |
| Land & buildings | € 375,714 | - | - | € 3,116 | |
| Retained profit | € 31,062 | € 1,529,230 | € 1,533,974 | € 1,523,312 | ▼ 1% |
| Dividend | € 64,500 | € 0 | € 0 | € 0 | |
| Bank debt | € 76,852 | € 59,430 | € 41,991 | € 24,615 | ▼ 41% |
| Balance sheet total | € 2,989,617 | € 4,491,324 | € 4,460,212 | € 4,468,355 |
Key figures of Ledo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Ledo?
What happened at Ledo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,662 (▼ € 15,406 vs 2024). filed late Source: NBB ↗
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,023 profit in 2022 to € 10,662 loss in 2025.
Paid € 25,223 in corporate taxes since 2022.
Best year ever: 2023, with € 1.5 million profit.
Paid out € 64,500 in dividends to the owners in total.
Management
The stake of SERATEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LedoBehind Ledo are Christian Hannon, Sabrine Hannon and Cindy Hannon. The shares are held by SERATEX (100%). It owns 100% of Breitex itself.
Directors
According to the 2025 annual accounts
Christian Hannon
Managing director
Also active at: CHRISTIAN HANNON, BREITEX, INTERNATIONAL SALES (I.S.), SERATEX, BEEDEE - EUROPE, BASTIJNS RETAIL
Sabrine Hannon
Managing director
Also active at: CHRISTIAN HANNON, BREITEX, SERATEX, BEEDEE - EUROPE, QM Sports Care International
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Industriepark A43
2220 Heist-op-den-Berg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0404.032.516
- VAT number
- BE 0404.032.516
- Registered office
- Industriepark A43, 2220 Heist-op-den-Berg
- Names & denominations
- Ledo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1968
- Peppol
- Active · Active since 22 Oct 2025
- Contact
- ledo.be [email protected]