Warning lights
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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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LEONARDO from Westerlo, company number BE0439675858, closed financial year 2025 with a result of € 831,044 after tax. For that financial year LEONARDO recorded a gross margin of € 1.4 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 809,913 to € 831,044. Profitable, and profit is growing. 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 31, 2026.
€ 4 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 831,044
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 5,723
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 950,907 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 4,889
▲ 12% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 36,574
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 409,020
▼ 25% vs 2024
€ 222,936 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 294,757
▲ 299% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 804,677 | € 1,004,435 | € 1,406,886 | € 1,443,950 | ▲ 3% |
| Profit after taxes | € 399,643 | € 529,098 | € 809,913 | € 831,044 | ▲ 3% |
| Equity | € 2,808,441 | € 3,337,540 | € 4,147,452 | € 4,027,589 | ▼ 3% |
| Total debts | € 790,614 | € 810,522 | € 778,522 | € 826,930 | ▲ 6% |
| Cash | € 1,305 | € 74,501 | € 11,116 | € 5,723 | ▼ 49% |
| Land & buildings | € 1,581,363 | € 1,478,472 | € 1,634,662 | € 1,891,515 | ▲ 16% |
| Retained profit | € 2,652,950 | € 3,182,048 | € 3,991,961 | € 3,872,097 | ▼ 3% |
| Dividend | € 0 | € 0 | € 0 | € 950,907 | |
| Bank debt | € 595,378 | € 612,526 | € 543,658 | € 409,020 | ▼ 25% |
| Balance sheet total | € 3,599,056 | € 4,148,062 | € 4,925,974 | € 4,854,519 | ▼ 1% |
Key figures of LEONARDO, 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 LEONARDO?
What happened at LEONARDO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 831,044 (▲ 3% vs 2024). filed late Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 399,643 profit in 2022 to € 831,044 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 831,044 profit.
Paid out € 950,907 in dividends to the owners in total.
Management
Behind LEONARDO are Heylen Leonia and Wastiau Guillaume.
Directors
According to the 2025 annual accounts
Heylen Leonia
Director
Wastiau Guillaume
Director
Establishments
Establishment units
Physical locations of this company
de Trannoyplein 1-3
2260 Westerlo
de Trannoyplein 1 3
2260 Westerlo
Active since 13 February 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.675.858
- VAT number
- BE 0439.675.858
- Registered office
- de Trannoyplein 1-3, 2260 Westerlo
- Names & denominations
- LEONARDO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1989
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
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