Legima PL
ActiveSummary
Legima PL has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €86k and a net result of €30k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 35% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+19
Solvency65▲+14
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.43 in 2023; short-term debt: 28.3% and cash: 9.2% of total assets), and 59.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
40.3%
Return on assets
14.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
42 d early
2022
38 d early
2021
31 d early
2020
46 d early
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€86k▲ 54.9%
2023 · €55k
2018: €44k
2019: €58k
2020: €50k
2021: €37k
2022: €49k
2023: €55k
2018 → 2024
Total assets
€213k▲ 1.3%
2023 · €210k
2018: €185k
2019: €185k
2020: €258k
2021: €241k
2022: €221k
2023: €210k
2018 → 2024
Net result
€30k▲ 373%
2023 · €6k
2018: €8k
2019: €14k
2020: €-8k
2021: €-13k
2022: €12k
2023: €6k
2018 → 2024
Working capital
€-21k▲ 45.3%
2023 · €-39k
2018: €2k
2019: €16k
2020: €-13k
2021: €-43k
2022: €-36k
2023: €-39k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€50k-€37k▼ 26.6%€49k▲ 32.9%€55k▲ 13.1%€86k▲ 54.9%
Operating result€-3k-€-7k▼ 125%€18k€14k▼ 20.7%€47k▲ 227%
Net result€-8k-€-13k▼ 71.9%€12k€6k▼ 47.1%€30k▲ 373%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 227% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €213k
Fixed assets
€174k ▼ 3.5%
Current assets
€39k ▲ 29.9%
Equity and liabilities €213k
Equity
€86k ▲ 54.9%
Debt
€127k ▼ 17.9%
Debt's share of the balance-sheet total falls from 73.7% to 59.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▲
2023 · €26k
Cash flow
€41k▲
2023 · €18k
Current ratio
0.64▲
2023 · 0.43
Debt to equity
1.48▼
2023 · 2.80
ROE
35.4%▲
2023 · 11.6%
ROA
14.3%▲
2023 · 3.1%
Interest coverage
12.92▲
2023 · 5.51
Debt ≤ 1 year
€60k▼
2023 · €69k
Debt > 1 year
€67k▼
2023 · €86k
Income taxes
€12k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€210k€213k▲
Fixed assets21/28€180k€174k▼
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€175k€171k▼
Land and buildings22€171k€168k▼
Plant, machinery and equipment23€377€199▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€30k€39k▲
Amounts receivable within one year40/41€10k€19k▲
Trade receivables40€10k€19k▲
Other amounts receivable41€118€0▼
Cash at bank and in hand54/58€19k€20k▲
Equity and liabilities
Total equity and liabilities10/49€210k€213k▲
Equity10/15€55k€86k▲
Contributions10/11€12k€12k=
Reserves13€43k€73k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€41k€72k▲
Amounts payable17/49€155k€127k▼
Amounts payable after more than one year17€86k€67k▼
Financial debts170/4€86k€67k▼
Amounts payable within one year42/48€69k€60k▼
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44€8k€4k▼
Suppliers440/4€8k€4k▼
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€11k€11k▼
Remuneration and social security454/9-€5k
Other amounts payable47/48€34k€25k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€580€754▲
Gross operating margin9900€26k€59k▲
Operating profit (loss)9901€14k€47k▲
Financial income75/76B€50€12▼
Recurring financial income75€50€12▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€10k€43k▲
Income taxes67/77€3k€12k▲
Profit (loss) for the period9904€6k€30k▲
Profit (loss) for the period to be appropriated9905€6k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€30k▲
Transfer to equity691/2€6k€30k▲
To other reserves6921€6k€30k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €30k ▲373%
Operating result €47k, net result €30k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Gent · 1 establishment unit since 2011
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.
Normaalschoolstraat 239000 GentGround area
364 m²
Building footprint
188 m²
Volume, LiDAR
1,395 m³
Parcel 44808H0260/02T004, Flanders · tallest building 16.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Legima
since 20112.205.026.170
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0260/02T004 | Flanders | 364 m² | 1 · 188 m² | 16.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 172 EUR awarded · 172 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 172 EUR | 172 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,319 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82910Office administrative, office support and other business support activities
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.