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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
LEGEIN FURNITURE INDUSTRIES from Balen, company number BE0508660971, closed financial year 2024 with a result of € 40,833 after tax. For that financial year LEGEIN FURNITURE INDUSTRIES recorded a gross margin of € 1,757 and equity of € -572,371. Compared with financial year 2023, the result moved from € -62,261 to € 40,833. Profitable, and profit is growing. 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 August 20, 2025.
€ -572,371
▲ € 40,833 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,833
▲ still € 62,261 loss in 2023
Profit after tax over the fiscal year.
€ 231
▼ 85% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -590,971.
Debts at end 2024
€ 146,043
▼ 23% vs 2023
Loans from banks and other lenders, long and short.
€ 1.9 million
▼ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 86,579 | € -50,681 | € -80,072 | € 1,757 | ▲ € 81,829 |
| Profit after taxes | € -97,775 | € -274,623 | € -62,261 | € 40,833 | ▲ € 103,094 |
| Equity | € -276,320 | € -550,943 | € -613,204 | € -572,371 | ▲ € 40,833 |
| Total debts | € 2,830,385 | € 2,365,245 | € 2,181,961 | € 2,187,473 | |
| Cash | € 11,058 | € 13,186 | € 1,571 | € 231 | ▼ 85% |
| Retained profit | € -294,920 | € -569,543 | € -631,804 | € -590,971 | ▲ € 40,833 |
| Bank debt | € 249,900 | € 229,939 | € 189,018 | € 146,043 | ▼ 23% |
| Balance sheet total | € 2,554,065 | € 1,814,302 | € 1,568,758 | € 1,615,102 | ▲ 3% |
| Employees (FTE) | 3 | 3 | 0.2 | - |
Key figures of LEGEIN FURNITURE INDUSTRIES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LEGEIN FURNITURE INDUSTRIES?
What happened at LEGEIN FURNITURE INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 40,833. filed late Source: NBB ↗
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 97,775 loss in 2021 to € 40,833 profit in 2024.
Paid € 11,855 in corporate taxes since 2021.
Best year ever: 2024, with € 40,833 profit.
On average € 28,900 of value added per employee in 2021.
Management
The stake of STUDIO K comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LEGEIN FURNITURE INDUSTRIESBehind LEGEIN FURNITURE INDUSTRIES is Studio K BV. The shares are held by STUDIO K (96.8%).
Directors
According to the 2024 annual accounts
Shareholders
96.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Poeierstraat 10
2490 Balen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Domain
Domain
tw-studio.com
Registered
2011-11-15
Registrar
NameWeb BVBA
Expires
2026-11-15
Website info
Features
Security
Details
- Company number
- 0508.660.971
- VAT number
- BE 0508.660.971
- Registered office
- Poeierstraat 10, 2490 Balen
- Names & denominations
- LEGEIN FURNITURE INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2012
- Peppol
- Not registered
- Contact
- tw-studio.com
- Activities · NACE
Groothandel in huismeubilair