Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 230 days after the legal deadline.
Financials
Financial year 2024
LEDSREACT from Damme, company number BE0648823991, closed financial year 2024 with a result of € -918,404 after tax. For that financial year LEDSREACT recorded a gross margin of € -355,159 and equity of € -26,509. Compared with financial year 2023, the result moved from € -870,130 to € -918,404. The company made a loss. 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 March 18, 2026.
€ -26,509
▲ € 608,809 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -918,404
▼ 6 % more loss than in 2023
Profit after tax over the fiscal year.
€ 29,366
▼ 5% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2024
€ 73,528
▼ 36% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 782
▼ 55% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 969,140
▼ 41% vs 2023
€ 870,688 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 333,074
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,103
▼ 76% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -184,249 | € -162,398 | € -406,921 | € -355,159 | ▲ € 51,762 |
| Profit after taxes | € -290,585 | € -361,362 | € -870,130 | € -918,404 | ▼ € 48,273 |
| Equity | € 712,708 | € 282,744 | € -635,318 | € -26,509 | ▲ € 608,809 |
| Total debts | € 295,374 | € 1,070,446 | € 2,187,621 | € 1,309,317 | ▼ 40% |
| Cash | € 188,802 | € 283,481 | € 31,010 | € 29,366 | ▼ 5% |
| Retained profit | € -289,257 | € -650,618 | € -1,520,749 | € -2,439,152 | ▼ € 918,404 |
| Bank debt | € 198,952 | € 811,817 | € 1,639,066 | € 969,140 | ▼ 41% |
| Balance sheet total | € 1,008,083 | € 1,353,190 | € 1,552,303 | € 1,282,808 | ▼ 17% |
Key figures of LEDSREACT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LEDSREACT?
What happened at LEDSREACT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 918,404. filed late Source: NBB ↗
- LEON BEKAERT became a director. NBB
- GEERT COUDIJZER stepped down as director. NBB
- GEERT COUDIJZER became a director. NBB
- CÉDRIC VAN RYCKEGHEM became a director. NBB
- THIERRY COURTOIS became a director. NBB
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 290,585 loss in 2021 to € 918,404 loss in 2024.
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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 DE SNEPPE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LEDSREACTBehind LEDSREACT are CÉDRIC VAN RYCKEGHEM, THIERRY COURTOIS and LEON BEKAERT. The shares are held by DE SNEPPE (30.1%).
Directors
According to the 2024 annual accounts
since 2024
THIERRY COURTOIS
Director
since 2024
since 2026
GEERT COUDIJZER
Director
since 2024 · until 2026
Shareholders
30.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoekestraat 25
8340 Damme
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
- 0648.823.991
- VAT number
- BE 0648.823.991
- Registered office
- Hoekestraat 25, 8340 Damme
- Names & denominations
- LEDSREACT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2016
- Peppol
- Active · Active since 31 Jul 2025
- Activities · NACE
Vervaardiging van sportartikelen
Landschapsverzorging
Overige sportactiviteiten, neg
Detailhandel in overige sportartikelen
Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels