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Legrand-Van Houte

Active
Private limited company (pre-2019)founded 201412 yrs activePolenstraat 8, 9880 Aalter, BelgiumKBO/BCE: BE 0544.377.856

The computed 12-month bankruptcy probability of Legrand-Van Houte is 2.1% (moderate). The 2025 annual accounts show negative equity (€-21k) and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27451 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
19 / 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3 against 1.27 in 2024; short-term debt: 195.6% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
-192%
Return on assets
-140.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-21k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
21 d late
2024
61 d late
2023
2 d early
2022
25 d late
2021
26 d late
2020
19 d late
2019
31 d late
← before the deadline after the deadline →
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
18-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€-21k▼ 275%
2024 · €-6k
2018: €251 2019: €-3k 2020: €-3k 2021: €2k 2022: €5k 2023: €7k 2024: €-6k
2018 → 2025
Total assets
€11k▼ 53.1%
2024 · €24k
2018: €26k 2019: €30k 2020: €39k 2021: €30k 2022: €25k 2023: €34k 2024: €24k
2018 → 2025
Net result
€-16k▼ 23.3%
2024 · €-13k
2018: €-742 2019: €-3k 2020: €-211 2021: €5k 2022: €3k 2023: €2k 2024: €-13k
2018 → 2025
Working capital
€-15k
2024 · €5k
2018: €251 2019: €-3k 2020: €-3k 2021: €13k 2022: €16k 2023: €18k 2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2k-€5k▲ 154%€7k▲ 30.9%€-6k€-21k▼ 275%
Operating result€5k-€4k▼ 22.1%€3k▼ 33.7%€-11k€-14k▼ 25.9%
Net result€5k-€3k▼ 33.4%€2k▼ 49.1%€-13k€-16k▼ 23.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2021: €5k€5kNet result 2021: €5k€5kOperating result 2022: €4k€4kNet result 2022: €3k€3kOperating result 2023: €3k€3kNet result 2023: €2k€2kOperating result 2024: €-11k€-11kNet result 2024: €-13k€-13kOperating result 2025: €-14k€-14kNet result 2025: €-16k€-16k20212022202320242025
The operating result stays negative: a loss of €14k in 2025 against €11k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
Assets €11k
Fixed assets €5k
Current assets €6k
Key figures and ratios
2025 value · change against 2024
EBITDA
€-14k
Cash flow
€-15k
Solvency
-192.0%
2024 · -24.0%
Current ratio
0.30
2024 · 1.27
Quick ratio
0.30
2024 · 1.07
Debt / equity
-1.52
2024 · -5.17
ROA
-140.8%
2024 · -53.6%
Interest coverage
-9.42
Debt
€32k
2024 · €29k
Debt ≤ 1 year
€22k
2024 · €19k
Debt > 1 year
€11k=
2024 · €11k
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€24k€11k
Fixed assets21/28-€5k
Tangible fixed assets22/27-€5k
Furniture and vehicles24-€5k
Current assets29/58€24k€6k
Stocks and contracts in progress3€4k€0
Stocks30/36€4k€0
Amounts receivable within one year40/41€20k€6k
Trade receivables40€18k€3k
Other amounts receivable41€2k€3k
Cash at bank and in hand54/58€0-
Equity and liabilities
Total equity and liabilities10/49€24k€11k
Equity10/15€-6k€-21k
Contributions10/11€7k€7k=
Reserves13€67€67=
Non-distributable reserves130/1€67€67=
Reserves not available under the articles1311€67€67=
Profit (loss) carried forward14€-12k€-28k
Amounts payable17/49€29k€32k
Amounts payable after more than one year17€11k€11k=
Financial debts170/4€11k€11k=
Amounts payable within one year42/48€19k€22k
Current portion of amounts payable after more than one year42€4k€0
Financial debts43€6k€5k
Credit institutions430/8€6k€5k
Trade debts44€8k€17k
Suppliers440/4€8k€17k
Taxes, remuneration and social security45€4€4=
Taxes450/3€4€4=
Other amounts payable47/48€1k€0
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€534
Other operating charges640/8€1k€717
Gross operating margin9900€-10k€-13k
Operating profit (loss)9901€-11k€-14k
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€-13k€-16k
Profit (loss) for the period9904€-13k€-16k
Profit (loss) for the period to be appropriated9905€-13k€-16k
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-28k
Profit (loss) brought forward from the previous period14P€428€-12k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial Back to profitnet €5k
Net result €5k after 3 loss-making years.
19-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
19-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Aalter · 1 establishment unit since 2014
establishment The establishment unit on the map
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.

Polenstraat 89880 Aalter
Ground area
791 m²
Building footprint
165 m²
Volume, LiDAR
600 m³
Parcel 44001A0627/00H000, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Legrand - Van Houte
Polenstraat 8, 9880 AalterPlumbing work
since 20142.227.837.701
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44001A0627/00H000 Flanders 791 m² 1 · 165 m² 5.2 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.

Similar companies · same sector, comparable size

Of 7,038 companies in sector 43221 we hold annual accounts for 3,469. 1,423 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded10-01-2014
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.