Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LEIEBAKEN from Zulte, company number BE0659682053, closed financial year 2025 with a result of € 91 after tax. For that financial year LEIEBAKEN recorded a gross margin of € 438,927 and equity of € 21,767. Compared with financial year 2024, the result moved from € 190 to € 91. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 21,767
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 2,885
▲ 116% 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 € 1,767.
People and assets in 2025
3.8
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 253,499
▲ 189% vs 2024
€ 66,700 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.
€ 92,939
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 665,115
€ 92,594 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 210,695
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,952
▲ 105% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 179,538 | € 223,293 | € 199,841 | € 438,927 | ▲ 120% |
| Profit after taxes | € 71 | € 116 | € 190 | € 91 | ▼ 52% |
| Equity | € 26,370 | € 21,486 | € 21,676 | € 21,767 | |
| Total debts | € 628,692 | € 503,072 | € 348,141 | € 903,762 | ▲ 160% |
| Cash | € 40,483 | € 11,497 | € 1,335 | € 2,885 | ▲ 116% |
| Retained profit | € 6,370 | € 1,486 | € 1,676 | € 1,767 | ▲ 5% |
| Dividend | € 0 | € 5,000 | € 0 | € 0 | |
| Bank debt | € 218,518 | € 100,696 | € 0 | € 665,115 | |
| Balance sheet total | € 655,062 | € 524,557 | € 369,817 | € 925,528 | ▲ 150% |
| Employees (FTE) | 1.5 | 2 | 1.7 | 3.8 | ▲ 2.1 |
Key figures of LEIEBAKEN, 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 LEIEBAKEN?
What happened at LEIEBAKEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 91 (▼ 52% vs 2024). Source: NBB ↗
- EmiLeo became a director. NBB
- Zakenkantoor Van Gheluwe - D'huyvetter became a director. NBB
- Leiefin became a director. NBB
- Peirs T&L became a director. NBB
- Tijs Peirs stepped down as director. NBB
- Andy Van Gheluwe stepped down as director. NBB
- New establishment in Zulte. KBO
In short
From € 71 profit in 2022 to € 91 profit in 2025.
Paid € 9,786 in corporate taxes since 2022.
Best year ever: 2024, with € 190 profit.
On average € 115,500 of value added per employee in 2025.
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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
Behind LEIEBAKEN are EmiLeo, Zakenkantoor Van Gheluwe - D'huyvetter, Leiefin and Peirs T&L.
Directors
According to the 2025 annual accounts
Director
since 2024
since 2024
Director
since 2024
Director
since 2024
Tijs Peirs
Director
· until 2024
· until 2024
Establishments
Establishment units
Physical locations of this company
Staatsbaan 129
9870 Zulte
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
- 0659.682.053
- VAT number
- BE 0659.682.053
- Registered office
- Staatsbaan 129, 9870 Zulte
- Names & denominations
- LEIEBAKEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2016
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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