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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LEDCOM from Liège, company number BE0477570293, closed financial year 2025 with a result of € 10,540 after tax. For that financial year LEDCOM recorded a gross margin of € 508,756 and equity of € -50,792. Compared with financial year 2024, the result moved from € 15,345 to € 10,540. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ -50,792
▲ € 10,540 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,540
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 58,682
▼ 54% 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 € -112,792.
People and assets in 2025
7
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 450,273
▲ 9% vs 2024
€ 64,300 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.
€ 19,363
▲ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 182,490
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 317,363
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 97,771
▲ 72% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 431,014 | € 325,990 | € 495,586 | € 508,756 | ▲ 3% |
| Profit after taxes | € -192,987 | € -113,554 | € 15,345 | € 10,540 | ▼ 31% |
| Equity | € 36,877 | € -76,677 | € -61,332 | € -50,792 | ▲ € 10,540 |
| Total debts | € 1,188,478 | € 869,180 | € 817,277 | € 756,103 | ▼ 7% |
| Cash | € 156,178 | € 81,119 | € 126,462 | € 58,682 | ▼ 54% |
| Retained profit | € -25,123 | € -138,677 | € -123,332 | € -112,792 | ▲ € 10,540 |
| Bank debt | € 188,830 | € 183,030 | € 179,259 | € 182,490 | ▲ 2% |
| Balance sheet total | € 1,225,355 | € 792,503 | € 755,946 | € 705,311 | ▼ 7% |
| Employees (FTE) | 7.4 | 6.3 | 6.8 | 7 | ▲ 0.2 |
Key figures of LEDCOM, 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 LEDCOM?
What happened at LEDCOM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,540 (▼ 31% vs 2024). Source: NBB ↗
- New establishment in Ans. KBO
- Start of the company according to the CBE. KBO
In short
From € 192,987 loss in 2022 to € 10,540 profit in 2025.
Paid € 4,864 in corporate taxes since 2022.
Best year ever: 2024, with € 15,345 profit.
On average € 72,700 of value added per employee in 2025.
Management
The stake of BELGO LEO HOLDING, MILE HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LEDCOMBehind LEDCOM are Gaëtan THILMANT, Nicolas LÉONARD, LE MILLENIUM SA, GESTION LOISIRS SA and Gestbel SRL. The shares are held by BELGO LEO HOLDING (25.2%) and MILE HOLDING (25.2%).
Directors
According to the 2025 annual accounts
Nicolas LÉONARD
Managing director
Managing director · represented by Yvan LANOTTE
Managing director · represented by Emmanuel MEWISSEN
Also active at: FABY, CASINO DE SPA, BOWLING GOSSELIES, GUILLEMINS REAL ESTATE, BELGRET, ERS INVEST, GAMBLING MANAGEMENT
Chairman of the board · represented by Jean-Marie LÉONARD
Also active at: TILKIN SPORTS, GESTION LOISIRS, FABY, BODSON - TROUPIN - SERVICE, D.A. GESTION, SUNRISE, GUILLEMINS REAL ESTATE, BELGRET +18 more
Shareholders
25.2%
25.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Guillemins 139/9
4000 Liège
Avenue du Progrès 30
4432 Ans
Active since 14 June 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →FABY same network
€ 102,987 gross margin · 2025
SUNRISE same network
€ -72,086 gross margin · 2025
IMMOBILIERE CHEVREFEUILLE
€ 150,337 gross margin · 2025
IMMO CIRCUS WALLONIE
€ 1.1 million gross margin · 2025
GUILLEMINS REAL ESTATE same network
€ 364,317 gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.570.293
- VAT number
- BE 0477.570.293
- Registered office
- Rue des Guillemins 139/9, 4000 Liège
- Names & denominations
- LEDCOM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2002
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] 042321952
- Activities · NACE
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Reparatie en onderhoud van consumentenelektronica
Verhuur en lease van televisietoestellen en andere audio- en videoapparatuur
Detailhandel in ICT-apparatuur
Detailhandel in audio- en videoapparatuur in gespecialiseerde winkels