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LOGI

Active
Public limited companyfounded 199630 yrs activeLamoraal van Egmontstraat 20, 9000 Gent, BelgiumKBO/BCE: BE 0458.195.237

LOGI has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €806k and a net result of €-52k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 65% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▲+21
Solvency75▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.5 in 2024; short-term debt: 10.5% and cash: 7.9% of total assets), and 49.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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 30 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
50.2%
Return on assets
-3.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-52k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 d early
2024
1 d early
2023
6 d early
2022
5 d early
2021
4 d early
2020
2 d early
2019
2 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
21-09-2026 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
€806k▼ 16.4%
2024 · €965k
2018: €259k 2019: €580k 2020: €554k 2021: €585k 2022: €556k 2023: €1.05M 2024: €965k
2018 → 2025
Total assets
€1.61M▼ 7.9%
2024 · €1.74M
2018: €664k 2019: €1.17M 2020: €1.08M 2021: €1.16M 2022: €1.61M 2023: €1.82M 2024: €1.74M
2018 → 2025
Net result
€-52k▲ 39.2%
2024 · €-86k
2018: €68k 2019: €320k 2020: €-26k 2021: €31k 2022: €-29k 2023: €495k 2024: €-86k
2018 → 2025
Working capital
€-36k▲ 35.9%
2024 · €-56k
2018: €6k 2019: €476k 2020: €115k 2021: €-100k 2022: €-331k 2023: €185k 2024: €-56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€585k-€556k▼ 5.0%€1.05M▲ 89.0%€965k▼ 8.2%€806k▼ 16.4%
Operating result€76k-€-17k€679k€-110k€-51k▲ 53.6%
Net result€31k-€-29k€495k€-86k€-52k▲ 39.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600kOperating result 2021: €76k€76kNet result 2021: €31k€31kOperating result 2022: €-17k€-17kNet result 2022: €-29k€-29kOperating result 2023: €679k€679kNet result 2023: €495k€495kOperating result 2024: €-110k€-110kNet result 2024: €-86k€-86kOperating result 2025: €-51k€-51kNet result 2025: €-52k€-52k20212022202320242025
The operating result stays negative: a loss of €51k in 2025 against €110k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.61M
Fixed assets €1.47M▼ 12.7%
Current assets €132k▲ 136%
Equity and liabilities €1.61M
Equity €806k▼ 16.4%
Provisions €186k▼ 5.2%
Debt €614k▲ 5.2%
The debt ratio rises from 33.5% to 38.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26k
2024 · €-37k
Cash flow
€25k
2024 · €-13k
Solvency
50.2%
2024 · 55.3%
Current ratio
0.79
2024 · 0.50
Quick ratio
0.79
2024 · 0.50
Debt / equity
0.76
2024 · 0.60
ROE
-6.5%
2024 · -8.9%
ROA
-3.3%
2024 · -4.9%
Interest coverage
2.32
2024 · -3.05
Debt
€614k
2024 · €584k
Debt ≤ 1 year
€168k
2024 · €112k
Debt > 1 year
€439k
2024 · €469k
Income taxes
€396
2024 · €145
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€1.74M€1.61M
Fixed assets21/28€1.69M€1.47M
Tangible fixed assets22/27€1.69M€1.47M
Land and buildings22€1.67M€1.44M
Plant, machinery and equipment23€15k€13k
Furniture and vehicles24€4k€22k
Financial fixed assets28€87€87=
Current assets29/58€56k€132k
Amounts receivable within one year40/41€19k€4k
Other amounts receivable41€19k€4k
Current investments50/53€0-
Cash at bank and in hand54/58€35k€128k
Deferred charges and accrued income490/1€2k€610
Equity and liabilities
Total equity and liabilities10/49€1.74M€1.61M
Equity10/15€965k€806k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€905k€768k
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€588k€557k
Distributable reserves133€311k€205k
Profit (loss) carried forward14€-2k€-24k
Provisions and deferred taxes16€196k€186k
Deferred taxes168€196k€186k
Amounts payable17/49€584k€614k
Amounts payable after more than one year17€469k€439k
Financial debts170/4€469k€439k
Amounts payable within one year42/48€112k€168k
Current portion of amounts payable after more than one year42€59k€30k
Trade debts44€877€6k
Suppliers440/4€877€6k
Taxes, remuneration and social security45€13k€3k
Taxes450/3€13k€2k
Remuneration and social security454/9€0€1k
Other amounts payable47/48€40k€129k
Accrued charges and deferred income492/3€3k€7k
Income statement Code20242025
Non-recurring operating income76A€0€20k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€77k
Other operating charges640/8€13k€17k
Non-recurring operating charges66A€0-
Gross operating margin9900€-24k€43k
Operating profit (loss)9901€-110k€-51k
Financial income75/76B€4k€13
Recurring financial income75€4k€13
Financial charges65/66B€12k€11k
Recurring financial charges65€12k€11k
Profit (loss) for the period before taxes9903€-118k€-62k
Transfer from deferred taxes780€32k€10k
Transfer to deferred taxes680€0-
Income taxes67/77€145€396
Profit (loss) for the period9904€-86k€-52k
Transfer from tax-exempt reserves789€96k€31k
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€10k€-22k
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-24k
Profit (loss) brought forward from the previous period14P€-12k€-2k
Transfer from equity791/2-€106k
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7-€106k
Return on contributions (dividend)694-€106k

The notes to these accounts (12 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
10-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-86k ▼117%
Net result drops to €-86k, the lowest in the series; recovery starts the following year.
25-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €495k
Net result €495k after one loss-making year.
31-12
Financial Liquidity times 35current ratio 5.28
Current ratio from 0.15 to 5.28; short-term debt falls from €391k to €43k.
31-12
Financial Equity above €1MEq €1.05M ▲89%
Equity rises from €556k to €1.05M.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €31k
Net result €31k after one loss-making year.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Liquidity times 9current ratio 10.28
Current ratio from 1.11 to 10.28; short-term debt falls from €59k to €51k.
31-12
Financial Equity above €500kEq €580k ▲123%
2 profitable years in a row build equity to €580k.
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
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
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
04-11-2025 Ginsburg Lauren: Resigned as Director
04-07-2024 Ginsburg Lauren: Resigned as Director
04-07-2024 STEYAERT Liane: Resigned as Director
22-12-2015 Ginsburg lauren frene Justine: Resigned as Director
22-12-2015 Steyaert Liane Gabrielle: Resigned as Director
11-07-2013 Levy Lea: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1996
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.

Lamoraal van Egmontstraat 209000 Gent
Ground area
153 m²
Building footprint
108 m²
Volume, LiDAR
961 m³
Parcel 44808H0001/00R015, Flanders · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Lamoraal van Egmontstraat 20, 9000 Gent
NACE 51421
since 19962.077.425.838
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44808H0001/00R015 Flanders 153 m² 1 · 108 m² 15.1 m · 4 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 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,381 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded17-06-1996
Fiscal year end31-12
Activities, NACEBEL
51421
68110Buying and selling of own real estate
46423Wholesale of clothing, excluding workwear and underwear
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 30 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.