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LEGITEC PRECISION

Active
Private limited companyfounded 20242 yrs activeChemin du Wazoir(S-V) 12, 7100 La Louvière, BelgiumKBO/BCE: BE 1010.631.518
Summary

LEGITEC PRECISION has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€704) and a net result of €62. Its solvency ranks better than 16% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability69▲+69
Solvency21=
Growth78
Track record82
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52 against 0.4 in 2024; short-term debt: 49.2% and cash: 3.9% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-4.4%
Return on assets
0.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 14220 sector peers (2025).
NBB · sector comparison
Position among 14220 sector peers
Solvency
better than 16%
← weakest strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
18 d early
2024
27 d late
← 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 5 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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
27-09-2026 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

On 21 June 2024, LEGITEC PRECISION was incorporated 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 2025, micro schema

Equity
-€704▲ 8.0%
2024 · -€766
Total assets
€15,958▼ 12.8%
2024 · €18,292
Net result
€62
2024 · -€3,766
Working capital
-€3,804▲ 12.8%
2024 · -€4,361
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€3,576-€760
Net result-€3,766-€62
Equity-€766--€704▲ 8.0%
Total assets€18,292-€15,958▼ 12.8%
Debt€19,058-€16,662▼ 12.6%
Working capital-€4,361--€3,804▲ 12.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0Operating result 2024: -€3,576-€3,576Net result 2024: -€3,766-€3,766Operating result 2025: €760€760Net result 2025: €62€6220242025-€4,000-€2,000€0Operating result 2024: -€3,576-€3,580Net result 2024: -€3,766-€3,770Operating result 2025: €760€760Net result 2025: €62€6220242025
The operating result returns to profit in 2025: €760 after a loss of €3,576 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15,958
Fixed assets €11,910 ▼ 22.3%
Current assets €4,048 ▲ 36.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,185▲
2024 · -€2,436
Cash flow
€3,486▲
2024 · -€2,626
Solvency
-4.4%▼
2024 · -4.2%
Current ratio
0.52▲
2024 · 0.40
ROA
0.4%▲
2024 · -20.6%
Interest coverage
5.97▲
2024 · -12.84
Debt ≤ 1 year
€7,852▲
2024 · €7,319
Debt > 1 year
€8,810▼
2024 · €11,739
Equity ratios withheld: equity of -€704 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 516 companies that looked in July 2024 the way this one looks now, 3.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit under 5% of the balance sheet
3.7% went bankrupt
2.3% stopped otherwise
92% still going

A further 2.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 516 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 · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€18,292€15,958▼
Fixed assets21/28€15,334€11,910▼
Tangible fixed assets22/27€15,334€11,910▼
Furniture and vehicles24€15,334€11,910▼
Current assets29/58€2,958€4,048▲
Amounts receivable within one year40/41€785€2,784▲
Trade receivables40-€2,412
Other amounts receivable41€785€372▼
Cash at bank and in hand54/58€1,561€622▼
Deferred charges and accrued income490/1€611€642▲
Equity and liabilities
Total equity and liabilities10/49€18,292€15,958▼
Equity10/15-€766-€704▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€3,766-€3,704▲
Amounts payable17/49€19,058€16,662▼
Amounts payable after more than one year17€11,739€8,810▼
Financial debts170/4€11,739€8,810▼
Amounts payable within one year42/48€7,319€7,852▲
Current portion of amounts payable after more than one year42€2,794€2,929▲
Financial debts43€263€274▲
Credit institutions430/8€263€274▲
Trade debts44€2,511€2,100▼
Suppliers440/4€2,511€2,100▼
Taxes, remuneration and social security45-€2,548
Taxes450/3-€548
Remuneration and social security454/9-€2,000
Other amounts payable47/48€1,750€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,140€3,425▲
Other operating charges640/8€490€557▲
Gross operating margin9900-€1,946€4,742▲
Operating profit (loss)9901-€3,576€760▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€190€702▲
Recurring financial charges65€190€702▲
Profit (loss) for the period before taxes9903-€3,766€62▲
Profit (loss) for the period9904-€3,766€62▲
Profit (loss) for the period to be appropriated9905-€3,766€62▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,766-€3,704▲
Profit (loss) brought forward from the previous period14P--€3,766

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

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,140€3,425▲ 200%
Other operating charges640/8€490€557▲ 13.7%
Gross operating margin9900-€1,946€4,742▲ 344%
Operating profit (loss)9901-€3,576€760▲ 121%
Financial income75/76B-€3-
Recurring financial income75-€3-
Financial charges65/66B€190€702▲ 270%
Recurring financial charges65€190€702▲ 270%
Profit (loss) for the period before taxes9903-€3,766€62▲ 102%
Profit (loss) for the period9904-€3,766€62▲ 102%
Profit (loss) for the period to be appropriated9905-€3,766€62▲ 102%
Line20242025Change
Assets
Total assets20/58€18,292€15,958▼ 12.8%
Fixed assets21/28€15,334€11,910▼ 22.3%
Tangible fixed assets22/27€15,334€11,910▼ 22.3%
Furniture and vehicles24€15,334€11,910▼ 22.3%
Current assets29/58€2,958€4,048▲ 36.9%
Amounts receivable within one year40/41€785€2,784▲ 255%
Trade receivables40-€2,412-
Other amounts receivable41€785€372▼ 52.7%
Cash at bank and in hand54/58€1,561€622▼ 60.2%
Deferred charges and accrued income490/1€611€642▲ 5.0%
Equity and liabilities
Total equity and liabilities10/49€18,292€15,958▼ 12.8%
Equity10/15-€766-€704▲ 8.0%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€3,766-€3,704▲ 1.6%
Amounts payable17/49€19,058€16,662▼ 12.6%
Amounts payable after more than one year17€11,739€8,810▼ 25.0%
Financial debts170/4€11,739€8,810▼ 25.0%
Amounts payable within one year42/48€7,319€7,852▲ 7.3%
Current portion of amounts payable after more than one year42€2,794€2,929▲ 4.9%
Financial debts43€263€274▲ 4.3%
Credit institutions430/8€263€274▲ 4.3%
Trade debts44€2,511€2,100▼ 16.4%
Suppliers440/4€2,511€2,100▼ 16.4%
Taxes, remuneration and social security45-€2,548-
Taxes450/3-€548-
Remuneration and social security454/9-€2,000-
Other amounts payable47/48€1,750€0▼ 100%
Line20242025Change
Profit (loss) for the period9904-€3,766€62▲ 102%
+ Depreciation and write-downs630€1,140€3,425▲ 200%
Operating cash flow (approximation)-€2,626€3,486▲ 233%
Investment in fixed assets (approximation)-€0-
Change in cash--€939-

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
13-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €62
Net result €62 after one loss-making year.
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, La Louvière · 1 establishment unit since 2024
seat establishment approximate The establishment unit on the map
Ground area
968 m²
Parcel 55038C0095/00P013, Wallonia. Linked by address, not a title deed.
1 establishment unit
LEGITEC PRECISION
Chemin du Wazoir(S-V) 12, 7100 La LouvièreReal estate development
since 20242.363.659.871
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55038C0095/00P013indicative Wallonia 968 m² - -
Linked by address, not proof of ownership
Good to know
0 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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
43120Site preparation
43130Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010631518
Also 9925:BE1010631518
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

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