Bankrupt · Opening faillissement (CBE)

LEVERAGE INCORPORATED

BE0746917222

Rechtspersoon Public limited company 1 establishment

LEVERAGE INCORPORATED is a machinery manufacturer in Waregem. Public Limited, started on 14 May 2020, 1 establishment.

Grote Heerweg 67, 8791 Waregem

Start date

14 May 2020

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2025

LEVERAGE INCORPORATED from Waregem, company number BE0746917222, closed financial year 2025 with a result of € -215,916 after tax. For that financial year LEVERAGE INCORPORATED recorded a gross margin of € 222,216 and equity of € 227,048. Compared with financial year 2024, the result moved from € 14,559 to € -215,916. The company made a loss. 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 October 31, 2025.

What it is worth Growing

€ 227,048

▲ 28% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -215,916

▼ still € 14,559 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 317,389

▲ € 269,564 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -162,952.

People and assets in 2025

Full-time equivalents

4.9

▲ 3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 375,738

▲ 140% vs 2024

€ 76,700 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.

Vehicles and equipment

€ 82,111

▲ 88% vs 2024

Of which on lease € 33,793.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 802,944

▲ 4% vs 2024

€ 30,850 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 617,523

▲ € 574,786 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 122,237

▼ 8% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 74,577 € 172,766 € 236,801 € 222,216 ▼ 6%
Profit after taxes € 1,042 € 37,363 € 14,559 € -215,916 ▼ € 230,476
Equity € 126,042 € 163,405 € 177,965 € 227,048 ▲ 28%
Total debts € 568,069 € 279,212 € 1,125,034 € 1,545,375 ▲ 37%
Cash € 93,624 € 31,833 € 47,824 € 317,389 ▲ € 269,564
Retained profit € 1,042 € 38,405 € 52,965 € -162,952 ▼ € 215,916
Bank debt € 200,000 € 125,000 € 768,695 € 802,944 ▲ 4%
Balance sheet total € 694,111 € 442,618 € 1,302,999 € 1,772,424 ▲ 36%
Employees (FTE) 1 1 1.9 4.9 ▲ 3

Key figures of LEVERAGE INCORPORATED, 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 October 2026.

What happened to LEVERAGE INCORPORATED?

What happened at LEVERAGE INCORPORATED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

LEVERAGE INCORPORATED is active according to the CBE. Legal situation: Opening faillissement.

  • PRODAJA BV stepped down as director. NBB
  • ADIUVATIS BV stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 215,916 (▼ € 230,476 vs 2024). Source: NBB ↗
  • New establishment in Waregem. KBO
  • PRODAJA BV became a director. NBB
  • ADIUVATIS BV became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 1,042 profit in 2022 to € 215,916 loss in 2025.

Paid € 20,508 in corporate taxes since 2022.

Best year ever: 2023, with € 37,363 profit.

On average € 45,400 of value added per employee in 2025.

Management

The stake of ADIUVATIS, MK PROJECTS, VUURVAST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

LEVERAGE INCORPORATED

The shares are held by ADIUVATIS (40%), MK PROJECTS (30%) and VUURVAST (5.1%).

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Directors

According to the 2025 annual accounts

PRODAJA BV

Director · represented by Jan VAN DE VELDE

since 2020 · until 2026

ADIUVATIS BV

Director · represented by Ruben VANCALBERGH

since 2020 · until 2026

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Grote Heerweg 67

8791 Waregem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0746.917.222
VAT number
BE 0746.917.222
Registered office
Grote Heerweg 67, 8791 Waregem
Names & denominations
LEVERAGE INCORPORATED
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
14 May 2020
Peppol
Active · Active since 23 Oct 2025
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Frequently asked questions

What does LEVERAGE INCORPORATED do?
LEVERAGE INCORPORATED is a machinery manufacturer in Waregem. Public Limited, started on 14 May 2020, 1 establishment.
What is the address of LEVERAGE INCORPORATED?
The registered office of LEVERAGE INCORPORATED is located at Grote Heerweg 67, 8791 Waregem.
Is LEVERAGE INCORPORATED still active?
No. The CBE lists LEVERAGE INCORPORATED with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is LEVERAGE INCORPORATED registered on Peppol?
Yes, LEVERAGE INCORPORATED is registered on the Peppol network with ID 0208:0746917222.
What is the enterprise number of LEVERAGE INCORPORATED?
The enterprise number of LEVERAGE INCORPORATED is BE0746917222.
When was LEVERAGE INCORPORATED founded?
LEVERAGE INCORPORATED was founded on 14 May 2020.