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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LEO & WOLF from Elsene, company number BE0860382872, closed financial year 2024 with a result of € -108,402 after tax. For that financial year LEO & WOLF recorded a gross margin of € -17,467 and equity of € -857,405. Compared with financial year 2023, the result moved from € -10,809 to € -108,402. 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 10, 2025.
€ -857,405
▼ € 108,402 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -108,402
▼ 903 % more loss than in 2023
Profit after tax over the fiscal year.
€ 95
▲ 12% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -947,155.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 122,377
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 86,347
▼ 58% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | - | € 12,326 | € -11,065 | € -17,467 | ▼ € 6,402 |
| Profit after taxes | € -23,159 | € -37,368 | € -10,809 | € -108,402 | ▼ € 97,592 |
| Equity | € -700,826 | € -738,194 | € -749,004 | € -857,405 | ▼ € 108,402 |
| Total debts | € 313,184 | € 339,774 | € 353,708 | € 374,383 | ▲ 6% |
| Cash | - | € 23 | € 85 | € 95 | ▲ 12% |
| Retained profit | € -790,576 | € -827,944 | € -838,754 | € -947,155 | ▼ € 108,402 |
| Bank debt | € 52 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 158,495 | € 147,717 | € 150,841 | € 95,558 | ▼ 37% |
Key figures of LEO & WOLF, 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 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 2024: loss of € 108,402. 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 € 23,159 loss in 2021 to € 108,402 loss in 2024.
Paid € 71,335 in corporate taxes since 2021.
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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
Directors
According to the 2024 annual accounts
Cédric COURBOIN
Managing director
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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€ 19,184 gross margin · 2025
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€ 167,258 gross margin · 2024
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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