LEGEND CONSTRUCT
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of LEGEND CONSTRUCT is 2.8% (moderate). The 2025 annual accounts show negative equity (-€6,168) and a net result of -€3,175. Equity is shrinking by about 103% per year across the filed financial years. Its solvency ranks better than 5% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Official details
KBO- Status
- Active since 12-07-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Bosquetstraat 69, 1060 Sint-Gillis (bij-Brussel)
- Activity
- Insulation installation NACE 43230and 4 others
- Establishment unit
- 2.340.478.059 since 12-07-2022
- Financial year end
- 30 June
- Peppol
- Reachable
How it is doing
- Bankruptcy probabilitywithin 12 months
- 2.8%
- Gross margin
- -€3,132
- ▼ 9.4%
- Loss
- €3,175
- ▲ 6.5%
- Equity
- -€6,168
- ▼ 106%
- Total assets
- €671
- ▲ 52×
Why 49raises riskEx-officio strike-off in the KBONegative equity -€6,168lowers riskSize: total assets €671Liquidity: current ratio 0.10, cash €170Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro): better than 3% on solvency, 20% on liquidity, 4% on profitability and 3% on growth.
The bankruptcy probability was computed on 31-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 3 accounts on average 24 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 30-06-2025
- Filed on
- 31-01-2026
- Format
- micro format
- Reference
- 2026-00025171
2023 to 2025, 3 financial years
The operating result stays negative: a loss of €3,132 in 2025 against €2,964 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.9% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | - | €100 | - | - |
| Gross operating margin9900 | -€8,000 | -€2,864 | -€3,132 | ▼ 9.4% |
| Operating profit (loss)9901 | -€8,000 | -€2,964 | -€3,132 | ▼ 5.7% |
| Financial charges65/66B | €11 | €18 | €43 | ▲ 139% |
| Recurring financial charges65 | €11 | €18 | €43 | ▲ 139% |
| Profit (loss) for the period before taxes9903 | -€8,011 | -€2,982 | -€3,175 | ▼ 6.5% |
| Profit (loss) for the period9904 | -€8,011 | -€2,982 | -€3,175 | ▼ 6.5% |
| Profit (loss) for the period to be appropriated9905 | -€8,011 | -€2,982 | -€3,175 | ▼ 6.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | - | €13 | €671 | ▲ 52× |
| Current assets29/58 | - | €13 | €671 | ▲ 52× |
| Amounts receivable within one year40/41 | - | - | €501 | - |
| Trade receivables40 | - | - | €333 | - |
| Other amounts receivable41 | - | - | €168 | - |
| Cash at bank and in hand54/58 | - | €13 | €170 | ▲ 13× |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0 | €13 | €671 | ▲ 52× |
| Equity10/15 | -€11 | -€2,993 | -€6,168 | ▼ 106% |
| Contributions10/11 | €8,000 | €8,000 | €8,000 | = |
| Profit (loss) carried forward14 | -€8,011 | -€10,993 | -€14,168 | ▼ 28.9% |
| Amounts payable17/49 | €11 | €3,006 | €6,839 | ▲ 128% |
| Amounts payable within one year42/48 | €11 | €3,006 | €6,839 | ▲ 128% |
| Financial debts43 | €11 | - | - | - |
| Credit institutions430/8 | €11 | - | - | - |
| Trade debts44 | - | €312 | €1,375 | ▲ 341% |
| Suppliers440/4 | - | €312 | €1,375 | ▲ 341% |
| Other amounts payable47/48 | - | €2,694 | €5,464 | ▲ 103% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,011 | -€2,982 | -€3,175 | ▼ 6.5% |
| Operating cash flow (approximation) | -€8,011 | -€2,982 | -€3,175 | ▼ 6.5% |
| Change in cash | - | - | €157 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BUSOIU Adrian |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “1, avec ou sans limitation”
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision assemblée générale formes modifications statuts”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et moment, assemblée peut désigner liquidateurs et déterminer pouvoirs et émoluments”
Articles of association, deed of 14-07-2022
Owners and capital
Capital and shareholders
- BUSOIU Adrian 100 shares (100%) · €8,000 in cash
- 14-07-2022 Incorporation · €8,000 · 100 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, actions”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata, mêmes formalités si non actionnaires de plein droit”
- Share issue ruleHow and by whom new shares can be issued.
- “100, droit égal dans la répartition des bénéfices et des produits de la liquidation”1 more provision on this in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 14-07-2022 (in French)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-08
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- General meeting, 21-06-2023
- Registered-office move, Rue BOSQUET 69,1060 SAINT-GILLES
- Director in office, BUSOIU ADRIAN (director)
14-07
Gazette deed
IncorporationAppointment: BUSOIU Adrian (director) · Founder · Founding capital9 facts ▸
- Founder, BUSOIU Adrian (comparant)
- Incorporation, “LEGEND CONSTRUCT” (deed in French)
- Founding capital, €8,000
- Registered office clause, “Avenue Broustin 34 1090 Jette” (deed in French)
- Other provision, “arrêt des statuts, arrêter statuts” (deed in French)
- Board rule, 1, “assemblée” (deed in French)
- Director appointment, BUSOIU Adrian (director (not named in the articles))
- Other provision, “début des activités, acquisition personnalité juridique soit dépôt au greffe expédition acte constitutif” (deed in French)
- Other provision, “droit d’écriture”, 100 (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0788.513.592
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes activités généralement quelconques se rapportant directement ou indirectement à : entreprise générale de construction avec…”
Text of the purpose
“Toutes activités généralement quelconques se rapportant directement ou indirectement à : entreprise générale de construction avec coordination des travaux par sous-traitants, terrassement, maçonnerie et béton, démolition, pose d'égouts, couvertures non métalliques de constructions, zinguerie et couverture métallique de construction, étanchéité de bâtiments, installation électrique, menuiserie et charpente, pose de parquets, menuiserie en PVC, placement de serrurerie et de quincaillerie du bâtiment, placement de plinthes et portes en matières plastiques, placement de volets en bois, en matières plastiques et métalliques, pose de cloisons et faux plafonds en bois et en gyproc et éléments de plâtre, recouvrement de murs et plafonds par application d'éléments métalliques, placement de ferronnerie, pose de marbrerie et de pierres de taille, vitrage, sanitaire et plomberie, installation d'adoucisseurs d'eau, installation de chauffage central, chauffage au gaz par appareil individuel, placement, entretien et réparation de tous brûleurs, installation de ventilation et d'aération, installation de chauffage à air chaud, de conditionnement d'air et de calorifugeage des tuyauteries et canalisations, tubage de cheminées, carrelage, plafonnage, rejointoyage, pose de chapes, peintures, la restauration et le nettoyage ainsi que le lavage de bâtiments, façades et monuments, isolation thermique et acoustique, placards et cuisines équipées, l'activité de frigoriste, enseignes lumineuses, aménagement et entretien de terrains divers, de parcs et jardins, de terrains de sports, placement de clôtures et palissades, l'installation d'antennes, l'installation de systèmes d'alarme et de surveillance, toutes installations électriques et informatiques, et toutes activités généralement quelconques à caractère immobilier telles que vente, achat, transformation de biens immobiliers pour le compte de la société ou d'un tiers ; plus généralement, tous travaux de construction, rénovation, entretien et de démolition; tous travaux de peinture, de plomberie, d’installation de chauffage, d’électricité et carrelage; l'installation de tous systèmes de lutte contre les incendies; tous travaux de nettoyage industriel, de bureau, de bâtiments et d’immeuble en tous genres et de tout autre type d'endroit, nettoyage de façade, vitres, nettoyage à la vapeur, le sablage et les activités analogues appliquées aux parties extérieures des bâtiments ; construction de routes et d'autoroutes, de voies ferrées de surface et souterraines, de réseaux de distribution d'eau et de gaz, de réseaux d'évacuation des eaux usées, de réseaux pour fluides, forage et construction de puits d'eau, fonçage de puits, construction de réseaux d'adduction, de distribution et d'évacuation des eaux, construction de réseaux électriques et de télécommunications, construction d'autres ouvrages de génie civil, travaux de préparation des sites, déblayage des chantiers, forages d'essai et sondages, construction de cheminées décoratives et de feux ouverts ; mise en place de fondations, y compris le battage de pieux, montage d'éléments de structures métalliques non fabriqués par l'unité qui exécute les travaux, montage et démontage d'échafaudages et de plates-formes de travail ; création et entretien de jardins, de parcs et d'espaces verts pour installations sportives; achat, vente en gros et détail, l’importation, l’exportation de toutes marchandises et notamment de tous matériel de construction, de rénovation, l’éclairage, bois, plomberie, sanitaire, chauffage, articles de décoration, meubles, articles d’aménagement, outillage en général, plantes diverses et tous ce qui se rapporte directement ou indirectement au bricolage, ainsi que tous articles électroménagers, électroniques, électriques, informatiques, mobiliers et matériels de bureau”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, établissement ou suppression de sièges d’exploitation par simple décision de l’organe d’administration sans…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of December at 18:00
Articles of association, deed of 14-07-2022 (in French)
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21464E0039/00W004 | Brussels | 231 m² | 1 · 208 m² | 19.8 m · 3 |
| 21013B0027/00M000 | Brussels | 148 m² | 1 · 77 m² | 20.4 m · 6 |