Financials
Financial year 2025
LEONARD TRAVEL INTERNATIONAL from Blégny, company number BE0420348114, closed financial year 2025 with a result of € -207,870 after tax. For that financial year LEONARD TRAVEL INTERNATIONAL recorded revenue of € 51.3 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 1.3 million to € -207,870. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 1.9 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -207,870
▼ still € 1.3 million profit in 2024
Profit after tax over the fiscal year.
€ 1.9 million
▲ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.7 million.
People and assets in 2025
335.5
▲ 23.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 19.2 million
▲ 15% vs 2024
€ 57,300 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.
€ 9.6 million
▼ 9% vs 2024
Of which on lease € 8.5 million.
Debts at end 2025
€ 12 million
▲ 6% vs 2024
€ 2 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4.4 million
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 3.3 million
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 31,392,615 | € 39,556,137 | € 46,512,987 | € 51,310,408 | ▲ 10% |
| Profit after taxes | € -49,064 | € -282,048 | € 1,319,209 | € -207,870 | ▼ € 1.5 million |
| Equity | € 1,064,456 | € 782,408 | € 2,101,617 | € 1,893,747 | ▼ 10% |
| Total debts | € 11,457,337 | € 12,931,764 | € 22,222,850 | € 23,961,924 | ▲ 8% |
| Cash | € 1,796,935 | € 890,075 | € 971,529 | € 1,864,069 | ▲ 92% |
| Land & buildings | € 1,120,078 | € 1,080,480 | € 1,018,024 | € 966,277 | ▼ 5% |
| Retained profit | € 914,456 | € 632,408 | € 1,951,617 | € 1,743,747 | ▼ 11% |
| Bank debt | € 5,415,838 | € 4,953,302 | € 11,351,751 | € 11,985,615 | ▲ 6% |
| Balance sheet total | € 12,572,157 | € 14,367,165 | € 24,425,721 | € 25,906,925 | ▲ 6% |
| Employees (FTE) | 222.4 | 250.1 | 312 | 335.5 | ▲ 23.5 |
Key figures of LEONARD TRAVEL INTERNATIONAL, 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 LEONARD TRAVEL INTERNATIONAL?
What happened at LEONARD TRAVEL INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LCDL SRL stepped down as director. NBB
- JOSE SALES stepped down as director. NBB
- MARC SALES stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 207,870 (▼ € 1.5 million vs 2024). Source: NBB ↗
- New establishment in Soumagne. KBO
- LCDL SRL became a director. NBB
- JOSE SALES became a director. NBB
- MARC SALES became a director. NBB
In short
From € 49,064 loss in 2022 to € 207,870 loss in 2025.
Paid € 595,465 in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
Pays suppliers within 50 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of SL BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LEONARD TRAVEL INTERNATIONALThe shares are held by SL BELGIUM (100%). It owns LEONARD LUXEMBOURG itself.
Directors
According to the 2025 annual accounts
Managing director · represented by DAVID LEONARD
since 2025 · until 2031
JOSE SALES
Managing director
since 2024 · until 2030
since 2024 · until 2030
Shareholders
100%
Participations
LEONARD LUXEMBOURG
Establishments
Establishment units
Physical locations of this company
Parc Artisanal de Blegny 25
4671 Blégny
Boulevard d'Avroy 25
4000 Liège
Active since 8 June 2000
Rue des Champs de Tignée 25
4671 Blégny
Active since 8 June 2000
Boulevard des Gérardchamps 36
4800 Verviers
Active since 1 April 1980
Avenue de Heppignies(H) 26
6220 Fleurus
Active since 1 March 2012
Marche, Rue du Commerce 2
6900 Marche-en-Famenne
Active since 1 March 2018
Rue Jean-Louis Paggen 6
4631 Soumagne
Active since 14 October 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.348.114
- VAT number
- BE 0420.348.114
- Registered office
- Parc Artisanal de Blegny 25, 4671 Blégny
- Names & denominations
- LEONARD TRAVEL INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1980
- Peppol
- Active · Active since 9 Jan 2025
- Activities · NACE
Activiteiten van reisorganisatoren
Personenvervoer over de weg zonder dienstregeling
Overig vervoer van personen te land
Overig personenvervoer te land, n.e.g.
Activiteiten van reisbureaus
Reisorganisatoren
Reisbureaus