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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Shrinking team NBB
FTE fell two years in a row, from 7.9 to 4.7.
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Busy address KBO
66 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LEEB BELGIUM from Sint-Joost-ten-Node, company number BE0704818133, closed financial year 2025 with a result of € 14,368 after tax. For that financial year LEEB BELGIUM recorded a gross margin of € 360,009 and equity of € 202,218. Compared with financial year 2024, the result moved from € 3,531 to € 14,368. 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 17, 2026.
€ 202,218
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,368
▲ € 10,837 vs 2024
Profit after tax over the fiscal year.
€ 14,101
▼ 78% 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 € 182,218.
People and assets in 2025
4.7
▼ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 318,201
▼ 21% vs 2024
€ 67,700 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.
€ 229
▼ 92% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 49,612
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,137
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 588,255 | € 618,354 | € 439,180 | € 360,009 | ▼ 18% |
| Profit after taxes | € 44,346 | € 78,297 | € 3,531 | € 14,368 | ▲ € 10,837 |
| Equity | € 106,022 | € 184,320 | € 187,850 | € 202,218 | ▲ 8% |
| Total debts | € 582,314 | € 1,312,510 | € 539,082 | € 1,042,749 | ▲ 93% |
| Cash | € 73,854 | € 135,599 | € 64,162 | € 14,101 | ▼ 78% |
| Retained profit | € 86,022 | € 164,320 | € 167,850 | € 182,218 | ▲ 9% |
| Balance sheet total | € 688,337 | € 1,496,829 | € 726,933 | € 1,244,967 | ▲ 71% |
| Employees (FTE) | 8.2 | 7.9 | 7 | 4.7 | ▼ 2.3 |
Key figures of LEEB BELGIUM, 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 LEEB BELGIUM?
What happened at LEEB BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,368 (▲ € 10,837 vs 2024). Source: NBB ↗
- New establishment in Sint-Joost-ten-Node. KBO
- Mustafa MUTLU became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 44,346 profit in 2022 to € 14,368 profit in 2025.
Paid € 80,917 in corporate taxes since 2022.
Best year ever: 2023, with € 78,297 profit.
On average € 76,600 of value added per employee in 2025.
Management
Behind LEEB BELGIUM is Mustafa MUTLU. The shares are held by LEEB INSAAT (100%).
Directors
According to the 2025 annual accounts
Mustafa MUTLU
Director
since 2018
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bolwerklaan 21 box 5
1210 Sint-Joost-ten-Node
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 66 companies are registered at this address.
All companies at this address →DEUTSCH-BELGISCH-LUXEMBURGISCHE HANDELSKAMER - BELGISCH-LUXEMBURGS-DUITSE KAMER VAN KOOPHANDEL - CHAMBRE DE COMMERCE BELGO-LUXEMBOURGEOISE-ALLEMANDE
€ 1.8 million revenue · 2025
MENSURA Service Externe de Prévention et de Protection au travail
€ 128.3 million revenue · 2025
PensioPlus (nederlands)
€ 848,627 gross margin · 2025
GROUPE GM BENELUX
€ 479,759 gross margin · 2025
CWT BELGIUM
€ 7.3 million revenue · 2025
+61 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
- 0704.818.133
- VAT number
- BE 0704.818.133
- Registered office
- Bolwerklaan 21 bus 5, 1210 Sint-Joost-ten-Node
- Names & denominations
- LEEB BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2018
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden