The Championship side are hoping to gain promotion to the Premier League.
If they achieve their aims, Leeds would spend to improve the squad, and Larin is someone they think could do a great job in the top division.
Fotomacsuggests many teams are interested in the attacker, but Leeds are at the forefront of the battle to sign him.
Larin has eight goals and two assists in 26 games this term for Zulte Waregem, where he is on loan this term, with the club able to sign him for a modest fee in the summer.
It is likely that Zulte will sign Larin on a permanent deal and then flip him for a significant profit in the summer.