LEGIT
ActiveSummary
LEGIT has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137,563 and a net result of €2,323. Equity has been growing by about 25% per year since 2018. Its solvency ranks better than 83% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-07-1989 Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
- Establishment unit
- 2.045.575.095 8460 Oudenburg, since 15-11-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 26-07-2024
Board and ownership
- BOUSSY-HAESAERT Guy Wilfried JosDirector · since 23-12-2023
- Guy BOUSSY-HAESAERTDirector
- MONTENY Pieter JohnDirector · since 23-12-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €31,494
- ▼ 48.5%
- Turnover
- ≈ €51,000
- estimated
- Profit
- €2,323
- ▼ 91.8%
- Equity
- €137,563
- ▲ 1.7%
- Total assets
- €181,221
- ▲ 8.4%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskFounded in 1989Liquidity: current ratio 1.55, cash €28,505Equity €137,563 (75.9% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 91% of them on solvency, 76% on liquidity, 60% on profitability and 51% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignation: Berthe Vandevelde (director)
- · Gazette deed 1 director appointed, 2 directors resigning, 2 reappointedResignations: BOUSSY-HAESAERT Guy Wilfried Jos (director) and VANDEVELDE Berthe Adrienne Rita (director) · Reappointments: BOUSSY-HAESAERT Guy Wilfried Jos (director) and VANDEVELDE Berthe Adrienne Rita (director) · Appointment: MONTENY Pieter John (director)
- · Gazette deed 2 directors appointed, 2 directors resigningResignations: Ivan DESENDER (director) and Katrien DESENDER (director) · Appointments: Guy BOUSSY-HAESAERT (director) and Berthe Adrienne Rita VANDEVELDE (director)
Comparable companies
These companies have the same main activity as LEGIT: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €146,000 and €218,000, founded between 1987 and 1993.
| Company | Total assets | Gross margin |
|---|---|---|
| LEGIT Oudenburg | €181,221 | €31,494 |
| GERMO Middelkerke | €194,549 | €28,092 |
| SHOETINE Nieuwpoort | €217,901 | €32,301 |
| ZOWIE Oostende | €145,706 | €28,962 |
| LOTHY Ottignies-Louvain-la-Neuve | €188,049 | €33,126 |
| Flor Recycling Wommelgem | €173,794 | €29,449 |
| BORECRIMO Sint-Niklaas | €170,191 | €30,405 |
Key facts about LEGIT
- What is the company number of LEGIT?
- The company number of LEGIT is 0437.937.875. The VAT number is the same number with BE in front: BE 0437.937.875.
- Where is LEGIT based?
- The registered office is at Groenedijkstraat 5, 8460 Oudenburg.Company details
- What does LEGIT do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of LEGIT?
- The legal form of LEGIT is Public limited company (NV).
- When was LEGIT founded?
- LEGIT was founded on 01-07-1989.
- Is LEGIT still active?
- Yes, LEGIT is an active enterprise in the KBO register.
- What is the turnover of LEGIT?
- The turnover in financial year 2025 is ≈ €51,000. This figure is estimated from the gross margin of €31,494 and 51 comparable companies (NACE 682). It probably lies between €38,000 and €75,000.Financials
- Is LEGIT profitable?
- In financial year 2025, LEGIT made a profit of €2,323.
- Where can I find the annual accounts of LEGIT?
- LEGIT filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LEGIT due?
- LEGIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.