BeLegend
ActiveSummary
BeLegend has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-59
Solvency28▼-11
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.3%
Return on assets
-2.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
123 d early
2024
22 d late
2023
30 d late
2022
11 d early
2021
30 d early
2020
8 d early
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 40.6%
2024 · €10k
2018: €14k
2019: €-7k
2020: €-20k
2021: €-31k
2022: €-34k
2023: €-38k
2024: €10k
2018 → 2025
Total assets
€173k▲ 146%
2024 · €70k
2018: €35k
2019: €13k
2020: €4k
2021: €2k
2022: €5k
2023: €6k
2024: €70k
2018 → 2025
Net result
€-4k
2024 · €47k
2018: €4k
2019: €-22k
2020: €-13k
2021: €-10k
2022: €-4k
2023: €-3k
2024: €47k
2018 → 2025
Working capital
€9k▼ 6.5%
2024 · €10k
2018: €14k
2019: €-7k
2020: €-20k
2021: €-31k
2022: €-34k
2023: €-28k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-31k-€-34k▼ 11.4%€-38k▼ 9.6%€10k€6k▼ 40.6%
Operating result€-9k-€-2k▲ 82.7%€-1k▲ 11.6%€50k€-2k
Net result€-10k-€-4k▲ 66.0%€-3k▲ 6.0%€47k€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €50k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€10k ▼ 35.9%
Current assets
€163k ▲ 196%
Equity and liabilities €173k
Equity
€6k ▼ 40.6%
Debt
€167k ▲ 176%
Debt's share of the balance-sheet total rises from 86.4% to 96.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €55k
Cash flow
€3k▼
2024 · €52k
Current ratio
1.06▼
2024 · 1.22
Debt to equity
29.45▲
2024 · 6.33
ROE
-68.5%▼
2024 · 494.7%
ROA
-2.2%▼
2024 · 67.5%
Interest coverage
3.05▼
2024 · 25.19
Debt ≤ 1 year
€154k▲
2024 · €45k
Debt > 1 year
€13k▼
2024 · €15k
Income taxes
€102▼
2024 · €775
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€70k€173k▲
Formation expenses20€0€0=
Fixed assets21/28€15k€10k▼
Tangible fixed assets22/27€15k€10k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€15k€8k▼
Current assets29/58€55k€163k▲
Amounts receivable within one year40/41€55k€154k▲
Trade receivables40€55k€140k▲
Other amounts receivable41-€14k
Cash at bank and in hand54/58-€9k
Deferred charges and accrued income490/1€178€321▲
Equity and liabilities
Total equity and liabilities10/49€70k€173k▲
Equity10/15€10k€6k▼
Contributions10/11€6k€6k=
Reserves13€412€412=
Non-distributable reserves130/1€412€412=
Reserves not available under the articles1311€412€412=
Profit (loss) carried forward14€3k€-943▼
Amounts payable17/49€60k€167k▲
Amounts payable after more than one year17€15k€13k▼
Financial debts170/4€15k€13k▼
Amounts payable within one year42/48€45k€154k▲
Current portion of amounts payable after more than one year42€10k€15k▲
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€10k€111k▲
Suppliers440/4€10k€111k▲
Taxes, remuneration and social security45€10k€28k▲
Taxes450/3€10k€25k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€11k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€446€1k▲
Non-recurring operating charges66A€159€159=
Gross operating margin9900€55k€6k▼
Operating profit (loss)9901€50k€-2k▼
Financial income75/76B€41-
Recurring financial income75€41-
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€48k€-4k▼
Income taxes67/77€775€102▼
Profit (loss) for the period9904€47k€-4k▼
Profit (loss) for the period to be appropriated9905€47k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-943▼
Profit (loss) brought forward from the previous period14P€-44k€3k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Back to profitnet €47k
Net result €47k after 5 loss-making years.
31-12
Financial
Liquidity times 7current ratio 1.22
Current ratio from 0.17 to 1.22.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Weakest financial yearnet €-22k ▼633%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Krommedelle 131652 BeerselGround area
1,086 m²
Building footprint
174 m²
Volume, LiDAR
830 m³
Parcel 23001B0254/00H018, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BeLegend
since 20162.258.818.808
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23001B0254/00H018 | Flanders | 1,086 m² | 1 · 174 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MYVA CONSULTING
BE 0799.487.856
Brugge · Eq €5,668
ORATIM
BE 1021.488.984
Namur · Eq €5,673
Christophe Wozny
BE 1026.880.503
Gent · Eq €5,665
ARIOM
BE 0808.233.593
Waregem · Eq €5,663
NASA INVEST
BE 1004.050.760
Vorst · Eq €5,677
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 16,770 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.