Financials
Financial year 2025
LEROY from Ieper, company number BE0425659061, closed financial year 2025 with a result of € 133,451 after tax. For that financial year LEROY recorded a gross margin of € 2.2 million and equity of € 980,178. Compared with financial year 2024, the result moved from € -193,743 to € 133,451. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 980,178
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 133,451
▲ still € 193,743 loss in 2024
Profit after tax over the fiscal year.
€ 885,838
▲ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
75 % of the profit went to the shareholders, mostly to FYNK VISION (100 % of the shares). That is where the money ends up.
People and assets in 2025
26.3
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 10% vs 2024
€ 70,800 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.
€ 32,456
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 160,190
▼ 21% vs 2024
€ 39,195 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2.1 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 198,472
▲ 205% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,881,377 | € 1,984,139 | € 1,892,389 | € 2,175,738 | ▲ 15% |
| Profit after taxes | € 91,856 | € 56,832 | € -193,743 | € 133,451 | ▲ € 327,194 |
| Equity | € 1,113,638 | € 1,140,470 | € 946,727 | € 980,178 | ▲ 4% |
| Total debts | € 1,796,344 | € 2,038,116 | € 2,599,391 | € 2,469,224 | ▼ 5% |
| Cash | € 433,069 | € 284,480 | € 610,701 | € 885,838 | ▲ 45% |
| Land & buildings | € 398,900 | € 352,459 | € 321,130 | € 272,286 | ▼ 15% |
| Retained profit | € 1,086,370 | € 1,113,201 | € 919,458 | € 952,909 | ▲ 4% |
| Dividend | € 50,000 | € 30,000 | € 0 | € 100,000 | |
| Bank debt | € 346,329 | € 252,999 | € 203,235 | € 160,190 | ▼ 21% |
| Balance sheet total | € 2,927,067 | € 3,178,586 | € 3,546,118 | € 3,449,401 | ▼ 3% |
| Employees (FTE) | 24.9 | 27.1 | 25.8 | 26.3 | ▲ 0.5 |
Key figures of LEROY, 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 LEROY?
What happened at LEROY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 133,451. Source: NBB ↗
- Stijn Neyrinck became a director. NBB
- Tijs Neyrinck became a director. NBB
- Karl Neyrinck became a director. NBB
- Freddy Neyrinck became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 91,856 profit in 2022 to € 133,451 profit in 2025.
Paid € 128,835 in corporate taxes since 2022.
Best year ever: 2025, with € 133,451 profit.
On average € 82,700 of value added per employee in 2025.
Management
The stake of FYNK VISION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LEROYBehind LEROY are Stijn Neyrinck, Tijs Neyrinck, Karl Neyrinck and Freddy Neyrinck. The shares are held by FYNK VISION (100%).
Directors
According to the 2025 annual accounts
Stijn Neyrinck
Director
since 2023
Tijs Neyrinck
Director
since 2023
Karl Neyrinck
Director
Also active at: ELECTROLYSE, NEYRINCK INVEST, ELEKTRO KAMIEL SMET, de KOCK, HEYER BENELUX, Hydronic System Optimisation, G & J INVEST, HOUBEN HOLDING +5 more
since 2023
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oostkaai 54
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.659.061
- VAT number
- BE 0425.659.061
- Registered office
- Oostkaai 54, 8900 Ieper
- Names & denominations
- LEROY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 1984
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie