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B-Logro

Active
Private limited companyfounded 2020active for 6 yearsSchautenstraat 244, 9990 Maldegem, BelgiumKBO/BCE: BE 0746.355.810
Summary

B-Logro has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,959 and a net result of €54,242. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 67% of 34,356 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Demolition
NACE 43110
1 site
Size
€273,071total assets 2025
Equity
€168,959
Profit
€54,242
Turnover not published (abbreviated or micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts filed 14 days late0 of 1 deed read
Why 94raises riskLatest accounts 15 days late; 1 of the last 3 lateFounded in 2020lowers riskLiquidity: current ratio 2.93, cash €192,275Equity €168,959 (61.9% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 87-2
equity 61.9% of total assets
Liquidity 85-5
short-term debt 33.4% · cash 70.4%
Profitability 94+4
return on assets 19.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,571 companies, NACE 43, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.7%▲ +0.3 percentage points vs 01-2025 03-2025: 0.8%▲ +0.1 percentage points vs 02-2025 04-2025: 1.3%▲ +0.5 percentage points vs 03-2025 05-2025: 1.4%▲ +0.1 percentage points vs 04-2025 06-2025: 2.1%▲ +0.7 percentage points vs 05-2025 07-2025: 3.3%▲ +1.2 percentage points vs 06-2025highest value 08-2025: 1.3%▼ -2.0 percentage points vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.2%▼ -0.1 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.7%▲ +0.5 percentage points vs 01-2026 03-2026: 0.2%▼ -1.5 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.93, compared with 3.63 in 2024, above the usual 1.5; short-term debt: 33.4% and cash: 70.4% of total assets), and 38.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 67% on solvency, 83% on liquidity, 80% on profitability and 82% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.93, cash €192,275
NBB · annual accounts
lowers risk · Equity €168,959 (61.9% of total assets)
NBB · annual accounts
raises risk · Latest accounts 15 days late; 1 of the last 3 late
NBB · filings
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
14 days late
2024
161 days late
2023
29 days late
2022
394 days late
2021
21 days 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 (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 1 March (4 of the last 5 filed years within 132 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end18-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Equity above €150,000equity €168,959 ▲47.3%

Financials · financial year 2025, micro format

2025 annual accounts filed late (14 days) Filed on 14 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00038521.

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

2021 to 2025, 5 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 62% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€70,634 2025 Net result€54,242 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial 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€71,284within the sector's middle half-€8,218within the sector's middle half▼ 88.5%€3,679below the sector's middle half▼ 55.2%€30,337within the sector's middle half▲ 725%€54,242above the sector's middle half▲ 78.8%
Equity€72,484below the sector's middle half-€80,701below the sector's middle half▲ 11.3%€84,380below the sector's middle half▲ 4.6%€114,717below the sector's middle half▲ 36.0%€168,959above the sector's middle half▲ 47.3%
Total assets€153,881below the sector's middle half-€140,251below the sector's middle half▼ 8.9%€144,971below the sector's middle half▲ 3.4%€179,307below the sector's middle half▲ 23.7%€273,071within the sector's middle half▲ 52.3%
Debt€81,397-€59,550▼ 26.8%€60,591▲ 1.7%€64,590▲ 6.6%€104,111▲ 61.2%
Working capital€56,554within the sector's middle half-€76,855within the sector's middle half▲ 35.9%€87,609within the sector's middle half▲ 14.0%€119,314within the sector's middle half▲ 36.2%€175,995above the sector's middle half▲ 47.5%
Solvency47.1%within the sector's middle half-57.5%within the sector's middle half▲ 10.4pp58.2%within the sector's middle half▲ 0.7pp64.0%within the sector's middle half▲ 5.8pp61.9%within the sector's middle half▼ 2.1pp
Current ratio2.28within the sector's middle half-3.76above the sector's middle half▲ 1.473.49above the sector's middle half▼ 0.263.63above the sector's middle half▲ 0.132.93within the sector's middle half▼ 0.70
Return on assets (ROA)46.3%above the sector's middle half-5.9%within the sector's middle half▼ 40.5pp2.5%within the sector's middle half▼ 3.3pp16.9%above the sector's middle half▲ 14.4pp19.9%above the sector's middle half▲ 2.9pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
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
2025 value · change against 2024
EBITDA
€77,684▲
2024 · €51,737
Cash flow
€61,292▲
2024 · €38,600
Debt to equity
0.62▲
2024 · 0.56
ROE
32.1%▲
2024 · 26.4%
Interest coverage
98.95▼
2024 · over 100
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 observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,975 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€179,307€273,071▲
Fixed assets21/28€14,564€5,794▼
Tangible fixed assets22/27€14,429€5,659▼
Plant, machinery and equipment23€3,161€920▼
Furniture and vehicles24€11,268€4,739▼
Financial fixed assets28€135€135=
Current assets29/58€164,743€267,276▲
Amounts receivable within one year40/41€29,420€73,033▲
Trade receivables40€26,869€70,718▲
Other amounts receivable41€2,550€2,315▼
Cash at bank and in hand54/58€135,323€192,275▲
Deferred charges and accrued income490/1-€1,969
Equity and liabilities
Total equity and liabilities10/49€179,307€273,071▲
Equity10/15€114,717€168,959▲
Contributions10/11€2,000€2,000=
Reserves13€112,717€166,959▲
Distributable reserves133€112,717€166,959▲
Amounts payable17/49€64,590€104,111▲
Amounts payable after more than one year17€19,161€12,830▼
Financial debts170/4€19,161€12,830▼
Amounts payable within one year42/48€45,429€91,281▲
Current portion of amounts payable after more than one year42€6,276€6,331▲
Trade debts44€18,515€49,424▲
Suppliers440/4€18,515€49,424▲
Taxes, remuneration and social security45€15,752€30,736▲
Taxes450/3€13,420€28,385▲
Remuneration and social security454/9€2,332€2,350▲
Other amounts payable47/48€4,885€4,790▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,263€7,050▼
Other operating charges640/8€1,088€1,256▲
Gross operating margin9900€52,825€78,940▲
Operating profit (loss)9901€43,474€70,634▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€360€785▲
Recurring financial charges65€360€785▲
Profit (loss) for the period before taxes9903€43,116€69,849▲
Income taxes67/77€12,779€15,606▲
Profit (loss) for the period9904€30,337€54,242▲
Profit (loss) for the period to be appropriated9905€30,337€54,242▲
Appropriation of the result
Profit (loss) to be appropriated9906€30,337€54,242▲
Transfer to equity691/2€30,337€54,242▲
To other reserves6921€30,337€54,242▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
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%
Line20212022202320242025Change
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---
Line20212022202320242025Change
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-
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.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
30-06-2025 micro format 14-02-2026 2026-00038521
30-06-2024 abbreviated format 11-07-2025 2025-00258302
30-06-2023 abbreviated format 29-02-2024 2024-00037478
30-06-2022 abbreviated format 29-02-2024 2024-00037480
30-06-2021 abbreviated format 21-02-2022 2022-05900425

Similar companies · same sector, comparable size

Of the 1,330 active companies whose main activity is demolition (NACE 43110), figures are known for 642. 512 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €277 awarded · €277 paid
Schemes
1 entry · €277 · €277 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

B-Logro was incorporated on 16 April 2020 as a private limited company.1 Total assets rose from €153,881 in 2021 to €273,071 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
14-02
NBB filing Annual accounts filed
financial year 2025 · micro format · 14 days late
2025
11-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format · 161 days late
30-06
Financial Equity above €150,000equity €168,959 ▲47.3%
A profit in every financial year since 2021 builds equity to €168,959.
2024
30-06
Financial Equity above €100,000equity €114,717 ▲36%
A profit in every financial year since 2021 builds equity to €114,717.
29-02
NBB filing Annual accounts filed
financial year 2023 · abbreviated format · 29 days late
29-02
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 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
financial year 2021 · abbreviated format · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded16-04-2020
Financial 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

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 17 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0746.355.810

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
1,536 m²
Building footprint
97 m²
Building volume
377 m³
Parcel 43503F0162/00G000, Flanders · tallest building 6.0 m. Linked by address, not a title deed.
1 establishment unit
B-Logro
Schautenstraat 244, 9990 MaldegemDemolition
since 2020unit no. 2.301.522.958
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
43503F0162/00G000 Flanders 1,536 m² 1 · 97 m² 6.0 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.