JOACKIM LEGRAND CONSTRUCTION
ActiveSummary
JOACKIM LEGRAND CONSTRUCTION has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €521k and a net result of €77k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 2179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78=
Solvency77▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.91 against 2.97 in 2024; short-term debt: 13.2% and cash: 24.8% of total assets), and 48.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.8%
Return on assets
7.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
27 d late
2023
27 d late
2022
12 d early
2021
17 d late
2020
30 d late
2019
10 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€77k▲ 29.8%
2024 · €59k
2018: €20k
2019: €41k
2020: €78k
2021: €65k
2022: €55k
2023: €53k
2024: €59k
2018 → 2025
Working capital
€254k▲ 4.0%
2024 · €244k
2018: €62k
2019: €40k
2020: €105k
2021: €139k
2022: €154k
2023: €211k
2024: €244k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€270k-€331k▲ 22.6%€384k▲ 16.0%€444k▲ 15.5%€521k▲ 17.4%
Operating result€84k-€74k▼ 11.7%€81k▲ 9.1%€96k▲ 18.6%€124k▲ 29.9%
Net result€65k-€55k▼ 15.4%€53k▼ 3.1%€59k▲ 12.0%€77k▲ 29.8%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 30% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€618k ▲ 47.7%
Current assets
€387k ▲ 5.1%
Equity and liabilities €1.01M
Equity
€521k ▲ 17.4%
Provisions
€0 ▼ 100%
Debt
€484k ▲ 41.7%
Debt's share of the balance-sheet total rises from 43.4% to 48.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€197k▲
2024 · €175k
Cash flow
€151k▲
2024 · €139k
Current ratio
2.91▼
2024 · 2.97
Debt to equity
0.93▲
2024 · 0.77
ROE
14.8%▲
2024 · 13.4%
ROA
7.7%▲
2024 · 7.6%
Interest coverage
12.70▲
2024 · 10.84
Debt ≤ 1 year
€133k▲
2024 · €124k
Debt > 1 year
€351k▲
2024 · €218k
Income taxes
€31k▲
2024 · €20k
Staff costs
€485k▲
2024 · €417k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€787k€1.01M▲
Fixed assets21/28€418k€618k▲
Tangible fixed assets22/27€418k€618k▲
Land and buildings22€202k€445k▲
Plant, machinery and equipment23€93k€87k▼
Furniture and vehicles24€124k€86k▼
Financial fixed assets28€91€91=
Current assets29/58€368k€387k▲
Amounts receivable within one year40/41€50k€114k▲
Trade receivables40€32k€86k▲
Other amounts receivable41€18k€28k▲
Cash at bank and in hand54/58€303k€250k▼
Deferred charges and accrued income490/1€15k€23k▲
Equity and liabilities
Total equity and liabilities10/49€787k€1.01M▲
Equity10/15€444k€521k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€102k€177k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€100k€175k▲
Profit (loss) carried forward14€323k€326k▲
Provisions and deferred taxes16€1k-
Provisions for liabilities and charges160/5€1k-
Other liabilities and charges164/5€1k-
Amounts payable17/49€342k€484k▲
Amounts payable after more than one year17€218k€351k▲
Financial debts170/4€218k€351k▲
Amounts payable within one year42/48€124k€133k▲
Current portion of amounts payable after more than one year42€51k€53k▲
Trade debts44€25k€27k▲
Suppliers440/4€25k€27k▲
Taxes, remuneration and social security45€48k€52k▲
Taxes450/3€39k€36k▼
Remuneration and social security454/9€9k€17k▲
Income statement
Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€417k€485k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€73k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-1k
Other operating charges640/8€7k€7k▼
Non-recurring operating charges66A-€322
Gross operating margin9900€598k€689k▲
Operating profit (loss)9901€96k€124k▲
Financial income75/76B€195€25▼
Recurring financial income75€195€25▼
Financial charges65/66B€16k€16k▼
Recurring financial charges65€16k€16k▼
Profit (loss) for the period before taxes9903€80k€109k▲
Income taxes67/77€20k€31k▲
Profit (loss) for the period9904€59k€77k▲
Profit (loss) for the period to be appropriated9905€59k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€363k€401k▲
Profit (loss) brought forward from the previous period14P€304k€323k▲
Transfer to equity691/2€40k€75k▲
To other reserves6921€40k€75k▲
Social balance
Average headcount (FTE)9087-8.7
The notes to these accounts (14 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €521k ▲17.4%
8 profitable years in a row build equity to €521k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €78k ▲89.9%
Net result €78k, the highest in the series.
31-12
Financial
Equity above €200kEq €206k ▲61.8%
3 profitable years in a row build equity to €206k.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
31-12
Financial
Equity above €100kEq €127k ▲48.2%
2 profitable years in a row build equity to €127k.
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Sainte-Ode · 1 establishment unit since 2015
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.
Rue des Jonquilles 436680 Sainte-OdeGround area
5,968 m²
Parcel 82029D0565/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
JOACKIM LEGRAND CONSTRUCTION
since 20152.237.888.582
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82029D0565/00L000 | Wallonia | 5,968 m² | - | - |
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
VERBISOL
BE 0698.991.205
Aalter · Eq €521,304
CATTOIR KRIS
BE 0477.259.202
Wichelen · Eq €521,328
DEVAPLUS R & C
BE 0429.696.736
Aalter · Eq €520,903
BOUWONDERNEMING SPRIET
BE 0437.749.617
Izegem · Eq €521,699
R.V.L.
BE 0439.402.080
Soignies · Eq €520,507
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 9,070 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
Founded08-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.