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Ateliers Legrand

Active
Public limited companyfounded 1946active for 80 yearsZevenbunderslaan 284, 1190 Vorst, BelgiumKBO/BCE: BE 0402.917.808
Summary

The computed 12-month bankruptcy probability of Ateliers Legrand is 2.9% (moderate). The 2024 annual accounts show equity of €603,396 and a net result of -€56,593. Equity is growing by about 8% per year across the filed financial years. Its solvency ranks better than 61% of 2,409 sector peers (NACE 25, financial year 2024). The company has been active since 1946 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110
Oldest company in Vorst, Manufacturing sector1 site
Size
€1.1mtotal assets 2024
Equity
€603,396
Loss
-€56,593
Turnover not published (micro format)
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Accounts 77 days overdue0 of 6 deeds read
Why 50raises riskLiquidity: current ratio 3.71, cash €930Figures for financial year 2024 (filed 01-10-2025)1 financial year not filed after the legal deadline; latest accounts 57 days late; 3 of the last 3 latelowers riskFounded in 1946Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 31% of its sector peers (NACE 25, micro)
Financial strength · tick = 2023
Average
Solvency 82-3
equity 56.8% of total assets
Liquidity 41-7
short-term debt 23.9% · cash 0.1%
Profitability 12-65
return on assets -5.3%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,702 companies, NACE 25, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.3%▼ -0.1 percentage points vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025lowest value 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 1.9%▲ +0.4 percentage points vs 07-2025 09-2025: 2.1%▲ +0.2 percentage points vs 08-2025 10-2025: 2.8%▲ +0.7 percentage points vs 09-2025 11-2025: 1.9%▼ -0.9 percentage points vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.8%▼ -0.1 percentage points vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 2.3%▲ +0.6 percentage points vs 07-2026 09-2026: 2.3%● unchanged vs 08-2026 10-2026: 2.9%▲ +0.6 percentage points vs 09-2026highest value
Credit of up to €30,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 3.71, compared with 6.91 in 2023, above the usual 1.5; short-term debt: 23.9% and cash: 0.1% of total assets), and 43.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 61% on solvency, 30% on liquidity, 11% on profitability and 23% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 3.71, cash €930
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 01-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 57 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1946
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
57 days late
2023
36 days late
2022
89 days late
2021
155 days late
2020
193 days late
2019
182 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 119 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€56,593
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: From profit to loss in 2024after €75,293 in 2023 -€56,593 View
  • Caution: Among the weakest 5% on net resultsector median €11,260 · 2,411 companies -€56,593 View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Active since 1946founded 05-04-1946 80 years View

By topic

Financials

Financial year
2024
Total assets
€1.1m
Loss
-€56,593
Solvency
56.8%
Go to Financials

Timeline

Events
53
Since
1978
  1. 28-10-2023Annual accounts filed
  2. 02-01-2023Annual accounts filed
  3. 09-02-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
05-04-1946
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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