Financials
Financial year 2025
LEUCO from Waregem, company number BE0404979354, closed financial year 2025 with a result of € 6,530 after tax. For that financial year LEUCO recorded revenue of € 5.1 million and equity of € 1 million. Compared with financial year 2024, the result moved from € 42,445 to € 6,530. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 6, 2026.
€ 1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,530
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 155,578
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 236,059.
People and assets in 2025
23.1
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 5% vs 2024
€ 74,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 62,511
▲ 108% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 238,754
▲ 7% vs 2024
€ 81,661 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 144,160
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 16 days on average.
€ 234,643
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,199,571 | € 5,395,228 | € 5,372,792 | € 5,145,276 | ▼ 4% |
| Profit after taxes | € 29,910 | € -51,019 | € 42,445 | € 6,530 | ▼ 85% |
| Equity | € 1,078,103 | € 1,027,084 | € 1,029,529 | € 1,036,059 | ▲ 1% |
| Total debts | € 880,498 | € 846,830 | € 732,779 | € 633,786 | ▼ 14% |
| Cash | € 388,955 | € 201,894 | € 288,658 | € 155,578 | ▼ 46% |
| Retained profit | € 278,103 | € 227,084 | € 229,529 | € 236,059 | ▲ 3% |
| Dividend | € 20,000 | € 0 | € 40,000 | € 0 | ▼ 100% |
| Bank debt | € 344,591 | € 340,328 | € 222,917 | € 238,754 | ▲ 7% |
| Balance sheet total | € 1,991,795 | € 1,908,263 | € 1,796,909 | € 1,705,749 | ▼ 5% |
| Employees (FTE) | 25.8 | 24.3 | 23.8 | 23.1 | ▼ 0.7 |
Key figures of LEUCO, 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 LEUCO?
What happened at LEUCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Daniel Anton Schrenk stepped down as director. NBB
- D'Hondt Consult BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,530 (▼ 85% vs 2024). Source: NBB ↗
- Daniel Anton Schrenk became a director. NBB
- D'Hondt Consult BV became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,910 profit in 2022 to € 6,530 profit in 2025.
Paid € 90,565 in corporate taxes since 2022.
Best year ever: 2024, with € 42,445 profit.
Paid out € 60,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Managing director · represented by Steven D'Hondt
since 2022 · until 2028
Daniel Anton Schrenk
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Anzegemseweg 16
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.979.354
- VAT number
- BE 0404.979.354
- Registered office
- Anzegemseweg 16, 8790 Waregem
- Names & denominations
- LEUCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 1959
- Peppol
- Active · Active since 7 Jan 2025
- Activities · NACE
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