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Legends 2580

Active
Private limited companyfounded 20242 yrs activeMechelbaan 604, 2580 Putte, BelgiumKBO/BCE: BE 1012.106.017
Summary

The computed 12-month bankruptcy probability of Legends 2580 is 5.0% (elevated). The 2024 annual accounts show equity of €11,476 and a net result of €8,476. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability79
Solvency36
Growth-
Track record67
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.44; short-term debt: 89.4% and cash: 18.7% of total assets), and 89.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
10.6%
Return on assets
7.8%
Age of the figures
21 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 11-06-2026, 50 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
50 d early
2024
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

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 months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Legends 2580 was incorporated on 1 August 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€11,476
Total assets
€108,068
Net result
€8,476
Working capital
-€53,865

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €108,068
Fixed assets €65,341
Current assets €42,727
Equity and liabilities €108,068
Equity €11,476
Debt €96,592
Debt finances 89.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€11,009
Cash flow
€10,295
Current ratio
0.44
Quick ratio
0.36
Debt to equity
8.42
ROE
73.9%
ROA
7.8%
Interest coverage
126.30
Debt ≤ 1 year
€96,592
Income taxes
€670
Staff costs
€15,848

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 41 lines
Balance sheet Code2024
Assets
Total assets20/58€108,068
Fixed assets21/28€65,341
Tangible fixed assets22/27€65,341
Land and buildings22€19,763
Plant, machinery and equipment23€45,578
Current assets29/58€42,727
Stocks and contracts in progress3€8,244
Stocks30/36€8,244
Amounts receivable within one year40/41€14,238
Trade receivables40€5,000
Other amounts receivable41€9,238
Cash at bank and in hand54/58€20,245
Equity and liabilities
Total equity and liabilities10/49€108,068
Equity10/15€11,476
Contributions10/11€3,000
Reserves13€8,476
Distributable reserves133€8,476
Amounts payable17/49€96,592
Amounts payable within one year42/48€96,592
Trade debts44€44,407
Suppliers440/4€44,407
Advances received on contracts in progress46€18,150
Taxes, remuneration and social security45€7,712
Taxes450/3€5,573
Remuneration and social security454/9€2,138
Other amounts payable47/48€26,324
Income statement Code2024
Remuneration, social security and pensions62€15,848
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,819
Gross operating margin9900€26,856
Operating profit (loss)9901€9,190
Financial income75/76B€43
Recurring financial income75€43
Financial charges65/66B€87
Recurring financial charges65€87
Profit (loss) for the period before taxes9903€9,146
Income taxes67/77€670
Profit (loss) for the period9904€8,476
Profit (loss) for the period to be appropriated9905€8,476
Appropriation of the result
Profit (loss) to be appropriated9906€8,476
Transfer to equity691/2€8,476
To other reserves6921€8,476

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€15,848
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,819
Gross operating margin9900€26,856
Operating profit (loss)9901€9,190
Financial income75/76B€43
Recurring financial income75€43
Financial charges65/66B€87
Recurring financial charges65€87
Profit (loss) for the period before taxes9903€9,146
Income taxes67/77€670
Profit (loss) for the period9904€8,476
Profit (loss) for the period to be appropriated9905€8,476
Line2024
Assets
Total assets20/58€108,068
Fixed assets21/28€65,341
Tangible fixed assets22/27€65,341
Land and buildings22€19,763
Plant, machinery and equipment23€45,578
Current assets29/58€42,727
Stocks and contracts in progress3€8,244
Stocks30/36€8,244
Amounts receivable within one year40/41€14,238
Trade receivables40€5,000
Other amounts receivable41€9,238
Cash at bank and in hand54/58€20,245
Equity and liabilities
Total equity and liabilities10/49€108,068
Equity10/15€11,476
Contributions10/11€3,000
Reserves13€8,476
Distributable reserves133€8,476
Amounts payable17/49€96,592
Amounts payable within one year42/48€96,592
Trade debts44€44,407
Suppliers440/4€44,407
Advances received on contracts in progress46€18,150
Taxes, remuneration and social security45€7,712
Taxes450/3€5,573
Remuneration and social security454/9€2,138
Other amounts payable47/48€26,324
Line2024
Profit (loss) for the period9904€8,476
+ Depreciation and write-downs630€1,819
Operating cash flow (approximation)€10,295

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Putte · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
10.9 ha
Building footprint
6,920 m²
Parcel 12029A0633/00G003, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Legends 2580
Mechelbaan 604, 2580 PutteFood and beverage service activities
since 20242.362.423.221
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12029A0633/00G003 Flanders 10.9 ha 1 · 6,920 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Putte2.362.423.221
1 permission
Toelating · Eetgelegenheid · since 20-08-2024

Similar companies · same sector, comparable size

Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 7,467 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012106017
Also 9925:BE1012106017
Registered 04-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.