L.E.G IDEAS
ActiveThe computed 12-month bankruptcy probability of L.E.G IDEAS is 3.0% (moderate). The 2025 annual accounts show equity of €74k and a net result of €-83k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 37% of 922 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-25
Solvency49▼-6
Growth52=
Stability100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.01 in 2024), and 69.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
30.3%
Return on assets
-34%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
5 d late
2023
26 d late
2022
1 d early
2021
42 d early
2020
4 d early
2019
99 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-83k
2024 · €8k
2019: €44k
2020: €37k
2021: €32k
2022: €28k
2023: €-1k
2024: €8k
2019 → 2025
Working capital
€10k▲ 250%
2024 · €3k
2019: €-76k
2020: €-68k
2021: €-44k
2022: €-34k
2023: €-34k
2024: €3k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€123k-€151k▲ 23.1%€150k▼ 0.7%€158k▲ 5.3%€74k▼ 52.8%
Operating result€36k-€29k▼ 19.7%€2k▼ 93.8%€47k▲ 2,528%€45k▼ 4.8%
Net result€32k-€28k▼ 10.9%€-1k€8k€-83k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €245k
Fixed assets
€65k▼ 63.2%
Current assets
€180k▼ 35.1%
Equity and liabilities €245k
Equity
€74k▼ 52.8%
Debt
€171k▼ 42.3%
The debt ratio rises from 65.2% to 69.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€63k▲
2024 · €60k
Cash flow
€-65k▼
2024 · €21k
Solvency
30.3%▼
2024 · 34.8%
Current ratio
1.06▲
2024 · 1.01
Quick ratio
1.00▲
2024 · 0.96
Debt / equity
2.30▲
2024 · 1.88
ROE
-111.9%▼
2024 · 5.0%
ROA
-34.0%▼
2024 · 1.7%
Interest coverage
12.30▲
2024 · 1.74
Debt
€171k▼
2024 · €296k
Debt ≤ 1 year
€171k▼
2024 · €275k
Income taxes
€422▼
2024 · €5k
Staff costs
€249k▼
2024 · €253k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€454k€245k▼
Fixed assets21/28€176k€65k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€50k€62k▲
Plant, machinery and equipment23€49k€62k▲
Furniture and vehicles24€725€161▼
Financial fixed assets28€123k€250▼
Current assets29/58€278k€180k▼
Stocks and contracts in progress3€14k€10k▼
Stocks30/36€14k€10k▼
Amounts receivable within one year40/41€80k€35k▼
Trade receivables40€78k€34k▼
Other amounts receivable41€1k€173▼
Cash at bank and in hand54/58€177k€135k▼
Deferred charges and accrued income490/1€7k€987▼
Equity and liabilities
Total equity and liabilities10/49€454k€245k▼
Equity10/15€158k€74k▼
Reserves13€28k€28k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€129k€46k▼
Amounts payable17/49€296k€171k▼
Amounts payable after more than one year17€21k-
Financial debts170/4€21k-
Amounts payable within one year42/48€275k€171k▼
Trade debts44€184k€87k▼
Suppliers440/4€184k€87k▼
Taxes, remuneration and social security45€68k€60k▼
Taxes450/3€19k€9k▼
Remuneration and social security454/9€49k€51k▲
Other amounts payable47/48€23k€23k=
Accrued charges and deferred income492/3-€268
Income statement
Code20242025
Non-recurring operating income76A€11k-
Remuneration, social security and pensions62€253k€249k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€18k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€55k€500▼
Other operating charges640/8€3k€7k▲
Non-recurring operating charges66A€76-
Gross operating margin9900€371k€320k▼
Operating profit (loss)9901€47k€45k▼
Financial income75/76B-€371
Recurring financial income75-€371
Financial charges65/66B€35k€128k▲
Recurring financial charges65€35k€5k▼
Non-recurring financial charges66B-€123k
Profit (loss) for the period before taxes9903€13k€-83k▼
Income taxes67/77€5k€422▼
Profit (loss) for the period9904€8k€-83k▼
Profit (loss) for the period to be appropriated9905€8k€-83k▼
Appropriation of the result
Profit (loss) to be appropriated9906€137k€46k▼
Profit (loss) brought forward from the previous period14P€129k€129k=
Transfer to equity691/2€8k-
To other reserves6921€8k-
Social balance
Average headcount (FTE)9087-7.2
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-09
State Gazette act
General meeting · Director resignationGeneral meeting · Director resignation · Director discharge5 facts ▸
State Gazette act
General meeting · Director resignation
General meeting · Director resignation · Director discharge5 facts ▸
- General meeting, 2026-07-13
- Director resignation, Cédric Gérard (administrateur)
- Director discharge, Cédric Gérard
- Director appointment, CÉDRIC G SRL (administrateur)
- Permanent representative, Cédric Gérard
19-08
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director resignation · Director discharge5 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director resignation · Director discharge5 facts ▸
- General meeting, 2026-05-06
- Director resignation, Xavier Decoen (administrateur)
- Director discharge, Xavier Decoen
- Director appointment, Cédric Gérard (administrateur)
- Registered-office move, 1000 Bruxelles, Place Saint-Géry 29-32
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Weakest financial yearnet €-83k ▼1150%
Net result drops to €-83k, the lowest in the series.
05-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 5 days late
2024
30-06
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-06
Financial
Equity above €150kEq €158k ▲5.3%
Equity rises from €150k to €158k.
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €150kEq €151k ▲23.1%
4 profitable years in a row build equity to €151k.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €100kEq €123k ▲35.1%
3 profitable years in a row build equity to €123k.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
16-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 47 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
Cédric G
CurrentDirector · since 13-07-2026 · Private limited company · perm. rep.: Cédric Gérard
13-07-2026
Cédric G: Appointed as Director
13-07-2026
Cédric Gérard: Resigned as Director
06-05-2026
Cédric Gérard: Appointed as Director
06-05-2026
Xavier Decoen: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Goriksplein 29-321000 BrusselGround area
1,114 m²
Building footprint
1,080 m²
Volume, LiDAR
12,953 m³
2 parcels, Brussels · tallest building 22.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Marché des Halles Saint Géry
since 20162.262.706.330
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0938/02B000 ProtectedMonumentSint-Goriksmarkt |
Brussels | 887 m² | 1 · 878 m² | 15.5 m · 3 fl. |
| 21811M0921/00C000 | Brussels | 228 m² | 1 · 202 m² | 22.3 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
1 connected companyNetwork connections
Shared corporate director
→
Ownership & control
1 partyControl over this companysits on this company's board1
2 subsidiaries · 1 location
controls
L.E.G IDEASBE 0890.008.256
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Of 21,633 companies in sector 56112 we hold annual accounts for 9,660. 8,020 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-2007
Fiscal year end30-06
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
82300Organisation of conventions and trade shows
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.