Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LEGY from Gent, company number BE0449821464, closed financial year 2025 with a result of € -32,869 after tax. For that financial year LEGY recorded a gross margin of € 6,253 and equity of € -26,772. Compared with financial year 2024, the result moved from € -12,318 to € -32,869. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ -26,772
▼ € 32,869 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,869
▼ 167 % more loss than in 2024
Profit after tax over the fiscal year.
€ 12,383
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -27,022.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 604
▼ 97% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,582
▼ 24% vs 2024
€ 14,955 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,312
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,754
▲ 226% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,532 | € 26,378 | € 25,817 | € 6,253 | ▼ 76% |
| Profit after taxes | € -154 | € -3,694 | € -12,318 | € -32,869 | ▼ € 20,551 |
| Equity | € 22,909 | € 18,415 | € 6,097 | € -26,772 | ▼ € 32,869 |
| Total debts | € 176,319 | € 254,992 | € 225,778 | € 219,002 | ▼ 3% |
| Cash | € 30,903 | € 28,895 | € 17,737 | € 12,383 | ▼ 30% |
| Land & buildings | € 171,451 | € 157,768 | € 144,086 | € 130,404 | ▼ 9% |
| Retained profit | € 22,659 | € 18,165 | € 5,847 | € -27,022 | ▼ € 32,869 |
| Dividend | € 800 | € 800 | € 0 | € 0 | |
| Bank debt | € 92,682 | € 77,278 | € 60,258 | € 45,582 | ▼ 24% |
| Balance sheet total | € 206,654 | € 277,947 | € 233,528 | € 192,230 | ▼ 18% |
Key figures of LEGY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LEGY?
What happened at LEGY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 32,869. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 154 loss in 2022 to € 32,869 loss in 2025.
Paid € 7,959 in corporate taxes since 2022.
Paid out € 1,600 in dividends to the owners in total.
Management
Behind LEGY is Pierre Gyselynck.
Directors
According to the 2025 annual accounts
Pierre Gyselynck
Director
Establishments
Establishment units
Physical locations of this company
Perkamentstraat 7 box A
9000 Gent
Perkamentstraat 1A
9000 Gent
Active since 9 September 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.821.464
- VAT number
- BE 0449.821.464
- Registered office
- Perkamentstraat 7 bus A, 9000 Gent
- Names & denominations
- LEGY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 1993
- Peppol
- Active · Active since 9 Apr 2026
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings