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LOG - X

Active
Private limited company (pre-2019)founded 199926 yrs activeMarktweg 5, 9300 Aalst, BelgiumKBO/BCE: BE 0467.018.574

LOG - X has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €370k and a net result of €7k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
82 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-68
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 38.19 against 50.6 in 2024; short-term debt: 2.4% and cash: 76.5% of total assets), and 2.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
97.6%
Return on assets
1.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
18 d late
2024
69 d early
2023
90 d early
2022
33 d early
2021
100 d early
2020
53 d early
2019
84 d early
← 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
22-09-2026 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
€370k▼ 7.4%
2024 · €399k
2018: €161k 2019: €210k 2020: €317k 2021: €371k 2022: €379k 2023: €335k 2024: €399k
2018 → 2025
Total assets
€378k▼ 6.8%
2024 · €406k
2018: €222k 2019: €256k 2020: €354k 2021: €496k 2022: €502k 2023: €356k 2024: €406k
2018 → 2025
Net result
€7k▼ 89.2%
2024 · €64k
2018: €65k 2019: €49k 2020: €107k 2021: €107k 2022: €60k 2023: €-45k 2024: €64k
2018 → 2025
Working capital
€331k▼ 5.2%
2024 · €349k
2018: €53k 2019: €104k 2020: €208k 2021: €251k 2022: €264k 2023: €243k 2024: €349k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€371k-€379k▲ 2.3%€335k▼ 11.8%€399k▲ 19.2%€370k▼ 7.4%
Operating result€156k-€114k▼ 26.9%€-53k€83k€-27k
Net result€107k-€60k▼ 44.0%€-45k€64k€7k▼ 89.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2021: €156k€156kNet result 2021: €107k€107kOperating result 2022: €114k€114kNet result 2022: €60k€60kOperating result 2023: €-53k€-53kNet result 2023: €-45k€-45kOperating result 2024: €83k€83kNet result 2024: €64k€64kOperating result 2025: €-27k€-27kNet result 2025: €7k€7k20212022202320242025
The operating result turns negative in 2025: a loss of €27k after €83k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €378k
Fixed assets €39k▼ 22.4%
Current assets €340k▼ 4.6%
Equity and liabilities €378k
Equity €370k▼ 7.4%
Debt €9k▲ 26.4%
The debt ratio rises from 1.7% to 2.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-16k
2024 · €86k
Cash flow
€18k
2024 · €68k
Solvency
97.6%
2024 · 98.3%
Current ratio
38.19
2024 · 50.60
Quick ratio
38.19
2024 · 50.60
Debt / equity
0.02
2024 · 0.02
ROE
1.9%
2024 · 16.1%
ROA
1.8%
2024 · 15.8%
Interest coverage
-3.54
2024 · 114.02
Debt
€9k
2024 · €7k
Debt ≤ 1 year
€9k
2024 · €7k
Income taxes
€4k
2024 · €20k
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€406k€378k
Fixed assets21/28€50k€39k
Tangible fixed assets22/27€50k€39k
Plant, machinery and equipment23€557€155
Furniture and vehicles24€49k€38k
Current assets29/58€356k€340k
Amounts receivable within one year40/41€52k€49k
Trade receivables40€4k-
Other amounts receivable41€48k€49k
Current investments50/53€256k-
Cash at bank and in hand54/58€46k€289k
Deferred charges and accrued income490/1€2k€1k
Equity and liabilities
Total equity and liabilities10/49€406k€378k
Equity10/15€399k€370k
Contributions10/11€19k€19k=
Reserves13€380k€344k
Distributable reserves133€380k€344k
Profit (loss) carried forward14€0€7k
Amounts payable17/49€7k€9k
Amounts payable within one year42/48€7k€9k
Trade debts44€6k€4k
Suppliers440/4€6k€4k
Taxes, remuneration and social security45€1k€5k
Taxes450/3€1k€5k
Remuneration and social security454/9€100-
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Non-recurring operating income76A€22k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€11k
Other operating charges640/8€2k€879
Non-recurring operating charges66A€12k-
Gross operating margin9900€101k€-15k
Operating profit (loss)9901€83k€-27k
Financial income75/76B€2k€42k
Recurring financial income75€2k€42k
Financial charges65/66B€758€4k
Recurring financial charges65€758€4k
Profit (loss) for the period before taxes9903€85k€11k
Income taxes67/77€20k€4k
Profit (loss) for the period9904€64k€7k
Profit (loss) for the period to be appropriated9905€64k€7k
Appropriation of the result
Profit (loss) to be appropriated9906€20k€7k
Profit (loss) brought forward from the previous period14P€-45k-
Transfer to equity691/2€20k-
To other reserves6921€20k-

The notes to these accounts (4 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
18-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
23-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €64k
Net result €64k after one loss-making year.
31-12
Financial Liquidity quadruplescurrent ratio 50.60
Current ratio from 12.83 to 50.60; short-term debt falls from €21k to €7k.
02-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-45k ▼174%
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity quadruplescurrent ratio 12.83
Current ratio from 3.24 to 12.83; short-term debt falls from €118k to €21k.
28-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
22-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €107k ▲0.1%
Operating result €156k, net result €107k, both a record.
08-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity doublescurrent ratio 6.79
Current ratio from 3.34 to 6.79; short-term debt falls from €45k to €36k.
08-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €200kEq €210k ▲30.2%
2 profitable years in a row build equity to €210k.
07-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
01-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
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
2 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, Aalst · 1 establishment unit since 1999
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.

Marktweg 59300 Aalst
Ground area
558 m²
Building footprint
111 m²
Volume, LiDAR
1,017 m³
Parcel 41002B0197/00C002, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LOG - X
Marktweg 5, 9300 AalstBusiness consulting
since 19992.092.618.612
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41002B0197/00C002 Flanders 558 m² 1 · 111 m² 12.7 m · 3 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 82,569 companies in sector 70200 we hold annual accounts for 52,573. 36,854 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded08-10-1999
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.