Lower solvency than 83% of companies in real estate. Sector median 28.9% · 17,199 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 516 companies had the same profile as LEGITEC PRECISION has now. Each dot stands for 2 companies, two years later.
91.9%
were still trading
2.5%
stopped another way
4.5%
went bankrupt
Micro
2 to 5 years old
negative equity
a profit under 5% of the balance sheet
Another 1.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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%
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%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 516 companies, not a prediction for LEGITEC PRECISION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010631518
Incorporation
Founding capital of €3,000, 100 shares · Founder: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (director) · published on 25-06-2024 · Gazette deed
First establishment
Chemin du Wazoir (S-V) 12, La Louvière
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as LEGITEC PRECISION: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €13,300 and €24,300, founded between 2023 and 2024.
LEGITEC PRECISION has been active since 2024 and the Belgian Official 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 17,199 sector peers (NACE 68, financial year 2025).
The company number of LEGITEC PRECISION is 1010.631.518. The VAT number is the same number with BE in front: BE 1010.631.518.
Where is LEGITEC PRECISION based?
The registered office is at Chemin du Wazoir (S-V) 12, 7100 La Louvière.Company details
What does LEGITEC PRECISION do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of LEGITEC PRECISION?
LEGITEC PRECISION is a private limited company (BV).
When was LEGITEC PRECISION founded?
LEGITEC PRECISION was founded on 21-06-2024.
Is LEGITEC PRECISION still active?
Yes, LEGITEC PRECISION is an active enterprise in the KBO register.
What is the turnover of LEGITEC PRECISION?
The turnover in financial year 2025 is ≈ €20,000. This figure is estimated from the gross margin of €4,742 and 48 comparable companies (NACE 68121). It probably lies between €9,700 and €62,000. It is a rough estimate.Financials
Is LEGITEC PRECISION profitable?
In financial year 2025, LEGITEC PRECISION made a profit of €62.
Where can I find the annual accounts of LEGITEC PRECISION?
LEGITEC PRECISION filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LEGITEC PRECISION due?
LEGITEC PRECISION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline