Legend Industry
ActiveLegend Industry has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €5k. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-19
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 8.41 against 8.56 in 2024; short-term debt: 11.8% and cash: 49.9% of total assets), and 11.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
88.2%
Return on assets
4.6%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
28 d early
2024
30 d early
2023
6 d early
2022
27 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€91k▲ 5.5%
2024 · €86k
2022: €37k
2023: €67k
2024: €86k
2022 → 2025
Total assets
€103k▲ 5.8%
2024 · €97k
2022: €60k
2023: €94k
2024: €97k
2022 → 2025
Net result
€5k▼ 75.4%
2024 · €19k
2022: €32k
2023: €29k
2024: €19k
2022 → 2025
Working capital
€90k▲ 6.0%
2024 · €85k
2022: €37k
2023: €65k
2024: €85k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€37k-€67k▲ 79.1%€86k▲ 29.0%€91k▲ 5.5%
Operating result€41k-€38k▼ 8.4%€26k▼ 32.2%€8k▼ 69.8%
Net result€32k-€29k▼ 8.7%€19k▼ 34.4%€5k▼ 75.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 70% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103k
Fixed assets
€924▼ 25.7%
Current assets
€102k▲ 6.2%
Equity and liabilities €103k
Equity
€91k▲ 5.5%
Debt
€12k▲ 8.1%
The debt ratio rises from 11.5% to 11.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▼
2024 · €26k
Cash flow
€5k▼
2024 · €20k
Solvency
88.2%▼
2024 · 88.5%
Current ratio
8.41▼
2024 · 8.56
Quick ratio
8.41▼
2024 · 8.56
Debt / equity
0.13▲
2024 · 0.13
ROE
5.2%▼
2024 · 22.5%
ROA
4.6%▼
2024 · 19.9%
Interest coverage
54.36▼
2024 · 118.30
Debt
€12k▲
2024 · €11k
Debt ≤ 1 year
€12k▲
2024 · €11k
Income taxes
€3k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€97k€103k▲
Fixed assets21/28€1k€924▼
Tangible fixed assets22/27€1k€924▼
Furniture and vehicles24€1k€924▼
Current assets29/58€96k€102k▲
Amounts receivable within one year40/41€31k€50k▲
Trade receivables40€25k€22k▼
Other amounts receivable41€6k€28k▲
Cash at bank and in hand54/58€65k€51k▼
Deferred charges and accrued income490/1-€620
Equity and liabilities
Total equity and liabilities10/49€97k€103k▲
Equity10/15€86k€91k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€81k€86k▲
Amounts payable17/49€11k€12k▲
Amounts payable within one year42/48€11k€12k▲
Trade debts44€779€593▼
Suppliers440/4€779€593▼
Taxes, remuneration and social security45€9k€12k▲
Taxes450/3€6k€9k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€320€320=
Other operating charges640/8€551€520▼
Gross operating margin9900€26k€9k▼
Operating profit (loss)9901€26k€8k▼
Financial income75/76B€1€486▲
Recurring financial income75€1€486▲
Financial charges65/66B€219€148▼
Recurring financial charges65€219€148▼
Profit (loss) for the period before taxes9903€25k€8k▼
Income taxes67/77€6k€3k▼
Profit (loss) for the period9904€19k€5k▼
Profit (loss) for the period to be appropriated9905€19k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€86k▲
Profit (loss) brought forward from the previous period14P€62k€81k▲
The notes to these accounts (5 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €5k ▼75.4%
Net result drops to €5k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity triplescurrent ratio 8.56
Current ratio from 3.41 to 8.56; short-term debt falls from €27k to €11k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated 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, Balen · 1 establishment unit since 2021
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.
Kapelstraat 1212490 BalenGround area
1,929 m²
Building footprint
435 m²
Volume, LiDAR
1,195 m³
Parcel 13342B1319/00M006, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Legend Industry
since 20212.324.031.314
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13342B1319/00M006 | Flanders | 1,929 m² | 1 · 435 m² | 6.1 m · 1 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
IanM
BE 0838.893.216
Hoogstraten · Eq €91k
MMT HOLDING
BE 1003.500.236
Izegem · Eq €91k
Delicada
BE 0792.480.496
Landen · Eq €91k
Leporium
BE 1028.691.730
Knokke-Heist · Eq €91k
LX Finance
BE 0780.427.059
Aartselaar · Eq €91k
Of 5,700 companies in sector 70100 we hold annual accounts for 3,494. 2,254 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2021
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.