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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LEO & WOLF from Elsene, company number BE0860382872, closed financial year 2025 with a result of € -210,748 after tax. For that financial year LEO & WOLF recorded a gross margin of € -6,007 and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -108,402 to € -210,748. 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 October 21, 2026.
€ -1.1 million
▼ € 210,748 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -210,748
▼ 94 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
Debts at end 2025
€ 3
Loans from banks and other lenders, long and short.
€ 136,154
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 103,147
▲ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 12,326 | € -11,065 | € -17,467 | € -6,007 | ▲ € 11,460 |
| Profit after taxes | € -37,368 | € -10,809 | € -108,402 | € -210,748 | ▼ € 102,346 |
| Equity | € -738,194 | € -749,004 | € -857,405 | € -1,068,153 | ▼ € 210,748 |
| Total debts | € 339,774 | € 353,708 | € 374,383 | € 416,917 | ▲ 11% |
| Cash | € 23 | € 85 | € 95 | - | |
| Retained profit | € -827,944 | € -838,754 | € -947,155 | € -1,157,903 | ▼ € 210,748 |
| Bank debt | € 0 | € 0 | € 0 | € 3 | |
| Balance sheet total | € 147,717 | € 150,841 | € 95,558 | € 95,463 |
Key figures of LEO & WOLF, 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 LEO & WOLF?
What happened at LEO & WOLF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cédric COURBOIN stepped down as director. NBB
- Cyril COURBOIN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 210,748. filed late Source: NBB ↗
- Cédric COURBOIN became a director. NBB
- Cyril COURBOIN became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,368 loss in 2022 to € 210,748 loss in 2025.
Paid € 65,606 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Cyril COURBOIN
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Troonstraat 216
1050 Elsene
Goffartstraat 109
1050 Elsene
Active since 8 September 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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€ 182,456 gross margin · 2025
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€ 38,324 gross margin · 2024
IMMOBILIERE BEECKMAN
€ 4,038 gross margin · 2025
+3 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
- 0860.382.872
- VAT number
- BE 0860.382.872
- Registered office
- Troonstraat 216, 1050 Elsene
- Names & denominations
- LEO & WOLF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 2003
- Peppol
- Active · Active since 19 Nov 2025