The computed 12-month bankruptcy probability of LEGRAND & LEGRAND is 7.8% (elevated). The latest annual accounts of LEGRAND & LEGRAND were filed more than 90 days after the deadline. The 2018 annual accounts show negative equity (-€124,632) and a net result of -€86,799. The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2018 (filed 23-12-2019)3 financial years not filed after the legal deadline; latest accounts 140 days late; 3 of the last 3 lateFiled more than 90 days latelowers riskFounded in 2004Size: total assets €9,239neutralNo filing for yearsShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; 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.
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2018
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0
equity -1349.0% of total assets
Liquidity50
short-term debt 1449.0% · cash 66.5%
Profitability0
return on assets -939.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
7.8%Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 8.1%highest value12-2024: 8.1%● unchanged vs 11-2024highest value01-2025: 8.1%● unchanged vs 12-2024highest value02-2025: 8.1%● unchanged vs 01-2025highest value03-2025: 8.1%● unchanged vs 02-2025highest value04-2025: 8.1%● unchanged vs 03-2025highest value05-2025: 8.1%● unchanged vs 04-2025highest value06-2025: 8.1%● unchanged vs 05-2025highest value07-2025: 8.1%● unchanged vs 06-2025highest value08-2025: 8.1%● unchanged vs 07-2025highest value09-2025: 8.1%● unchanged vs 08-2025highest value10-2025: 8.1%● unchanged vs 09-2025highest value11-2025: 7.8%▼ -0.3 percentage points vs 10-2025lowest value12-2025: 7.8%● unchanged vs 11-2025lowest value01-2026: 7.8%● unchanged vs 12-2025lowest value02-2026: 7.8%● unchanged vs 01-2026lowest value03-2026: 7.8%● unchanged vs 02-2026lowest value04-2026: 7.8%● unchanged vs 03-2026lowest value05-2026: 7.8%● unchanged vs 04-2026lowest value06-2026: 7.8%● unchanged vs 05-2026lowest value07-2026: 7.8%● unchanged vs 06-2026lowest value08-2026: 7.8%● unchanged vs 07-2026lowest value09-2026: 7.8%● unchanged vs 08-2026lowest value10-2026: 7.8%● unchanged vs 09-2026lowest value
31-12-2019 year end31-07-2020 deadline15-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 18-12-2019, 140 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.