B-Logro
ActiveSummary
The computed 12-month bankruptcy probability of B-Logro is 1.9% (moderate). The 2025 annual accounts show equity of €168,959 and a net result of €54,242. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 28184 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+4
Solvency87▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 2.93 against 3.63 in 2024; short-term debt: 33.4% and cash: 70.4% of total assets), and 38.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.9%
Return on assets
19.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-02-2026, 14 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 · 5 filingsDeviation from the deadline
2025
14 d late
2024
161 d late
2023
29 d late
2022
394 d late
2021
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 124 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€168,959▲ 47.3%
2024 · €114,717
Total assets
€273,071▲ 52.3%
2024 · €179,307
Net result
€54,242▲ 78.8%
2024 · €30,337
Working capital
€175,995▲ 47.5%
2024 · €119,314
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€98,329-€12,094▼ 87.7%€5,836▼ 51.7%€43,474▲ 645%€70,634▲ 62.5%
Net result€71,284-€8,218▼ 88.5%€3,679▼ 55.2%€30,337▲ 725%€54,242▲ 78.8%
Equity€72,484-€80,701▲ 11.3%€84,380▲ 4.6%€114,717▲ 36.0%€168,959▲ 47.3%
Total assets€153,881-€140,251▼ 8.9%€144,971▲ 3.4%€179,307▲ 23.7%€273,071▲ 52.3%
Debt€81,397-€59,550▼ 26.8%€60,591▲ 1.7%€64,590▲ 6.6%€104,111▲ 61.2%
Working capital€56,554-€76,855▲ 35.9%€87,609▲ 14.0%€119,314▲ 36.2%€175,995▲ 47.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 62% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €273,071
Fixed assets
€5,794 ▼ 60.2%
Current assets
€267,276 ▲ 62.2%
Equity and liabilities €273,071
Equity
€168,959 ▲ 47.3%
Debt
€104,111 ▲ 61.2%
Debt's share of the balance-sheet total rises from 36.0% to 38.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€77,684▲
2024 · €51,737
Cash flow
€61,292▲
2024 · €38,600
Current ratio
2.93▼
2024 · 3.63
Debt to equity
0.62▲
2024 · 0.56
ROE
32.1%▲
2024 · 26.4%
ROA
19.9%▲
2024 · 16.9%
Interest coverage
98.95▼
2024 · 143.69
Debt ≤ 1 year
€91,281▲
2024 · €45,429
Debt > 1 year
€12,830▼
2024 · €19,161
Income taxes
€15,606▲
2024 · €12,779
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,154 | €18,471 | €17,381 | €8,263 | €7,050 | ▼ 14.7% |
| Other operating charges640/8 | - | €1,666 | €1,585 | €1,088 | €1,256 | ▲ 15.5% |
| Gross operating margin9900 | €114,665 | €32,231 | €24,801 | €52,825 | €78,940 | ▲ 49.4% |
| Operating profit (loss)9901 | €98,329 | €12,094 | €5,836 | €43,474 | €70,634 | ▲ 62.5% |
| Financial income75/76B | - | €47 | - | €2 | - | - |
| Recurring financial income75 | €33 | €47 | - | €2 | - | - |
| Financial charges65/66B | - | €486 | €388 | €360 | €785 | ▲ 118% |
| Recurring financial charges65 | €447 | €486 | €388 | €360 | €785 | ▲ 118% |
| Profit (loss) for the period before taxes9903 | €97,915 | €11,656 | €5,448 | €43,116 | €69,849 | ▲ 62.0% |
| Income taxes67/77 | €26,631 | €3,438 | €1,769 | €12,779 | €15,606 | ▲ 22.1% |
| Profit (loss) for the period9904 | €71,284 | €8,218 | €3,679 | €30,337 | €54,242 | ▲ 78.8% |
| Profit (loss) for the period to be appropriated9905 | €71,284 | €8,218 | €3,679 | €30,337 | €54,242 | ▲ 78.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €153,881 | €140,251 | €144,971 | €179,307 | €273,071 | ▲ 52.3% |
| Fixed assets21/28 | €53,244 | €35,517 | €22,224 | €14,564 | €5,794 | ▼ 60.2% |
| Tangible fixed assets22/27 | €53,109 | €35,382 | €22,089 | €14,429 | €5,659 | ▼ 60.8% |
| Plant, machinery and equipment23 | - | €1,019 | €4,292 | €3,161 | €920 | ▼ 70.9% |
| Furniture and vehicles24 | - | €34,363 | €17,797 | €11,268 | €4,739 | ▼ 57.9% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €100,637 | €104,734 | €122,747 | €164,743 | €267,276 | ▲ 62.2% |
| Amounts receivable within one year40/41 | €32,881 | €34,052 | €38,513 | €29,420 | €73,033 | ▲ 148% |
| Trade receivables40 | - | €30,377 | €25,822 | €26,869 | €70,718 | ▲ 163% |
| Other amounts receivable41 | - | €3,676 | €12,691 | €2,550 | €2,315 | ▼ 9.2% |
| Cash at bank and in hand54/58 | €67,756 | €70,682 | €82,117 | €135,323 | €192,275 | ▲ 42.1% |
| Deferred charges and accrued income490/1 | - | - | €2,118 | - | €1,969 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €153,881 | €140,251 | €144,971 | €179,307 | €273,071 | ▲ 52.3% |
| Equity10/15 | €72,484 | €80,701 | €84,380 | €114,717 | €168,959 | ▲ 47.3% |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €70,484 | €78,701 | €82,380 | €112,717 | €166,959 | ▲ 48.1% |
| Distributable reserves133 | - | €78,701 | €82,380 | €112,717 | €166,959 | ▲ 48.1% |
| Amounts payable17/49 | €81,397 | €59,550 | €60,591 | €64,590 | €104,111 | ▲ 61.2% |
| Amounts payable after more than one year17 | €37,314 | €31,143 | €25,437 | €19,161 | €12,830 | ▼ 33.0% |
| Financial debts170/4 | - | €31,143 | €25,437 | €19,161 | €12,830 | ▼ 33.0% |
| Amounts payable within one year42/48 | €44,083 | €27,880 | €35,138 | €45,429 | €91,281 | ▲ 101% |
| Current portion of amounts payable after more than one year42 | - | €6,684 | €6,737 | €6,276 | €6,331 | ▲ 0.9% |
| Trade debts44 | €4,115 | €8,646 | €8,666 | €18,515 | €49,424 | ▲ 167% |
| Suppliers440/4 | - | €8,646 | €8,666 | €18,515 | €49,424 | ▲ 167% |
| Taxes, remuneration and social security45 | - | €8,180 | €14,893 | €15,752 | €30,736 | ▲ 95.1% |
| Taxes450/3 | - | €5,859 | €12,594 | €13,420 | €28,385 | ▲ 112% |
| Remuneration and social security454/9 | - | €2,321 | €2,299 | €2,332 | €2,350 | ▲ 0.8% |
| Other amounts payable47/48 | - | €4,371 | €4,842 | €4,885 | €4,790 | ▼ 1.9% |
| Accrued charges and deferred income492/3 | - | €528 | €16 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71,284 | €8,218 | €3,679 | €30,337 | €54,242 | ▲ 78.8% |
| + Depreciation and write-downs630 | €15,154 | €18,471 | €17,381 | €8,263 | €7,050 | ▼ 14.7% |
| Operating cash flow (approximation) | €86,438 | €26,688 | €21,059 | €38,600 | €61,292 | ▲ 58.8% |
| Investment in fixed assets (approximation) | - | -€743 | -€4,088 | -€603 | €1,720 | ▲ 385% |
| Change in cash | - | €2,926 | €11,435 | €53,206 | €56,952 | ▲ 7.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 161 days late
30-06
Financial
Equity above €150,000Eq €168,959 ▲47.3%
5 profitable years in a row build equity to €168,959.
2024
30-06
Financial
Equity above €100,000Eq €114,717 ▲36%
4 profitable years in a row build equity to €114,717.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
29-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 394 days late
2023
30-06
Financial
Weakest financial yearnet €3,679 ▼55.2%
Net result drops to €3,679, the lowest in the series; recovery starts the following year.
2022
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Maldegem · 1 establishment unit since 2020
Ground area
1,536 m²
Building footprint
97 m²
Volume, LiDAR
377 m³
Parcel 43503F0162/00G000, Flanders · tallest building 6.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
B-Logro
since 20202.301.522.958
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43503F0162/00G000 | Flanders | 1,536 m² | 1 · 97 m² | 6.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 · 277 EUR awarded · 277 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 277 EUR | 277 EUR |
Similar companies · same sector, comparable size
HARONDAK
BE 0479.792.187
Nieuwerkerken (Limb.) · Eq €168,424
NILOYA
BE 0720.526.589
Zaventem · Eq €170,349
ANDRE D.
BE 0882.286.066
Asse · Eq €167,563
CONSTRUCT BRUXELLES LARI
BE 0798.458.864
Sint-Pieters-Leeuw · Eq €170,760
EHS VERWARMING
BE 0695.597.094
Gent · Eq €166,598
Of 1,366 companies in sector 43110 we hold annual accounts for 635. 505 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-04-2020
Fiscal year end30-06
Activities, NACEBEL 2025
43110Demolition
42110Construction of roads and motorways
42919Civil engineering
43120Site preparation
43990Other specialised construction activities
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0746355810
Also
9925:BE0746355810
Registered
17-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.