E-LOGIC
ActiveSummary
E-LOGIC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €359,464 and a net result of €8,245. Equity remains stable across the filed fiscal years (±1% per year). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-5
Solvency100▲+11
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.27 in 2023; short-term debt: 18.4% and cash: 20% of total assets), and 18.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← 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 dateAge against the risk zone
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
25 d late
2023
23 d early
2022
9 d late
2021
17 d late
2020
12 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 9 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
In the rankings
#6 oldest company in Vilvoorde, Arts, sports and recreation sector#9 company by total assets in Vilvoorde, Arts, sports and recreation sector
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€359,464▼ 10.4%
2023 · €401,219
Total assets
€443,296▼ 28.8%
2023 · €622,322
Net result
€8,245▼ 75.9%
2023 · €34,264
Working capital
€16,939▼ 68.4%
2023 · €53,631
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€87,300€439,824€2,960▼ 99.3%€50,398▲ 1,603%€15,708▼ 68.8%
Net result-€76,418below the sector's middle half€312,158above the sector's middle half-€14,260below the sector's middle half€34,264above the sector's middle half€8,245within the sector's middle half▼ 75.9%
Equity€409,935above the sector's middle half▼ 15.7%€722,093above the sector's middle half▲ 76.1%€476,559above the sector's middle half▼ 34.0%€401,219above the sector's middle half▼ 15.8%€359,464above the sector's middle half▼ 10.4%
Total assets€673,963above the sector's middle half▼ 22.0%€1.0mabove the sector's middle half▲ 55.1%€927,576above the sector's middle half▼ 11.3%€622,322above the sector's middle half▼ 32.9%€443,296above the sector's middle half▼ 28.8%
Debt€264,028▼ 30.1%€323,146▲ 22.4%€451,018▲ 39.6%€221,103▼ 51.0%€83,833▼ 62.1%
Working capital€122,485above the sector's middle half▼ 49.8%€416,654above the sector's middle half▲ 240%€152,632above the sector's middle half▼ 63.4%€53,631within the sector's middle half▼ 64.9%€16,939within the sector's middle half▼ 68.4%
Solvency60.8%within the sector's middle half▲ 4.5pp69.1%within the sector's middle half▲ 8.3pp51.4%within the sector's middle half▼ 17.7pp64.5%within the sector's middle half▲ 13.1pp81.1%above the sector's middle half▲ 16.6pp
Current ratio2.44within the sector's middle half▼ 0.243.14within the sector's middle half▲ 0.711.41within the sector's middle half▼ 1.731.27within the sector's middle half▼ 0.131.21within the sector's middle half▼ 0.07
Return on assets (ROA)-11.3%below the sector's middle half▼ 23.2pp29.9%above the sector's middle half▲ 41.2pp-1.5%within the sector's middle half▼ 31.4pp5.5%within the sector's middle half▲ 7.0pp1.9%within the sector's middle half▼ 3.6pp
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 69% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €443,296
Fixed assets
€344,707 ▼ 7.7%
Current assets
€98,589 ▼ 60.4%
Equity and liabilities €443,296
Equity
€359,464 ▼ 10.4%
Debt
€83,833 ▼ 62.1%
Debt's share of the balance-sheet total falls from 35.5% to 18.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€45,459▼
2023 · €81,535
Cash flow
€37,995▼
2023 · €65,401
Debt to equity
0.23▼
2023 · 0.55
ROE
2.3%▼
2023 · 8.5%
Interest coverage
23.62▼
2023 · 79.78
Debt ≤ 1 year
€81,650▼
2023 · €195,249
Income taxes
€5,563▼
2023 · €15,122
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 10,905 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,348 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,574 | €32,102 | €32,102 | €31,137 | €29,750 | ▼ 4.5% |
| Other operating charges640/8 | - | €6,948 | €11,973 | €6,892 | €8,434 | ▲ 22.4% |
| Gross operating margin9900 | -€46,835 | €478,874 | €47,035 | €88,427 | €53,892 | ▼ 39.1% |
| Operating profit (loss)9901 | -€87,300 | €439,824 | €2,960 | €50,398 | €15,708 | ▼ 68.8% |
| Financial income75/76B | - | €908 | €1,011 | €10 | €24 | ▲ 141% |
| Recurring financial income75 | €929 | €908 | €1,011 | €10 | €24 | ▲ 141% |
| Financial charges65/66B | - | €3,305 | €17,861 | €1,022 | €1,924 | ▲ 88.3% |
| Recurring financial charges65 | €2,905 | €3,305 | €17,861 | €1,022 | €1,924 | ▲ 88.3% |
| Profit (loss) for the period before taxes9903 | -€89,276 | €437,428 | -€13,890 | €49,386 | €13,808 | ▼ 72.0% |
| Income taxes67/77 | -€12,858 | €125,270 | €370 | €15,122 | €5,563 | ▼ 63.2% |
| Profit (loss) for the period9904 | -€76,418 | €312,158 | -€14,260 | €34,264 | €8,245 | ▼ 75.9% |
| Profit (loss) for the period to be appropriated9905 | -€76,418 | €312,158 | -€14,260 | €34,264 | €8,245 | ▼ 75.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €673,963 | €1.0m | €927,576 | €622,322 | €443,296 | ▼ 28.8% |
| Fixed assets21/28 | €466,236 | €434,134 | €402,032 | €373,443 | €344,707 | ▼ 7.7% |
| Tangible fixed assets22/27 | €466,236 | €434,134 | €402,032 | €373,443 | €344,707 | ▼ 7.7% |
| Land and buildings22 | - | €427,273 | €398,438 | €369,591 | €340,745 | ▼ 7.8% |
| Plant, machinery and equipment23 | - | €2,248 | €862 | €499 | €2,173 | ▲ 336% |
| Furniture and vehicles24 | - | €330 | - | €2,172 | €1,790 | ▼ 17.6% |
| Other tangible fixed assets26 | - | €4,283 | €2,732 | €1,180 | - | - |
| Current assets29/58 | €207,727 | €611,106 | €525,545 | €248,879 | €98,589 | ▼ 60.4% |
| Amounts receivable within one year40/41 | €49,285 | €377,922 | €157,692 | €155,504 | €9,899 | ▼ 93.6% |
| Trade receivables40 | - | €329,764 | €152,599 | €155,504 | €7,321 | ▼ 95.3% |
| Other amounts receivable41 | - | €48,158 | €5,093 | - | €2,578 | - |
| Current investments50/53 | €121,667 | €121,667 | €115,277 | - | - | - |
| Cash at bank and in hand54/58 | €36,775 | €111,516 | €252,576 | €93,375 | €88,690 | ▼ 5.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €673,963 | €1.0m | €927,576 | €622,322 | €443,296 | ▼ 28.8% |
| Equity10/15 | €409,935 | €722,093 | €476,559 | €401,219 | €359,464 | ▼ 10.4% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €428,953 | €709,693 | €478,419 | €388,819 | €347,064 | ▼ 10.7% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €707,833 | €478,419 | €388,819 | €347,064 | ▼ 10.7% |
| Profit (loss) carried forward14 | -€31,418 | - | -€14,260 | - | - | - |
| Amounts payable17/49 | €264,028 | €323,146 | €451,018 | €221,103 | €83,833 | ▼ 62.1% |
| Amounts payable after more than one year17 | €178,786 | €127,625 | €75,922 | €23,671 | - | - |
| Financial debts170/4 | - | €127,625 | €75,922 | €23,671 | - | - |
| Amounts payable within one year42/48 | €85,242 | €194,452 | €372,913 | €195,249 | €81,650 | ▼ 58.2% |
| Current portion of amounts payable after more than one year42 | - | €51,127 | €51,703 | €52,650 | €24,110 | ▼ 54.2% |
| Trade debts44 | €865 | €2,285 | €5,741 | €1,161 | €1,223 | ▲ 5.3% |
| Suppliers440/4 | - | €2,285 | €5,741 | €1,161 | €1,223 | ▲ 5.3% |
| Taxes, remuneration and social security45 | - | €111,951 | €79,986 | €15,287 | €8,509 | ▼ 44.3% |
| Taxes450/3 | - | €111,951 | €79,986 | €15,287 | €8,509 | ▼ 44.3% |
| Other amounts payable47/48 | - | €29,090 | €235,482 | €126,151 | €47,808 | ▼ 62.1% |
| Accrued charges and deferred income492/3 | - | €1,070 | €2,183 | €2,183 | €2,183 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€76,418 | €312,158 | -€14,260 | €34,264 | €8,245 | ▼ 75.9% |
| + Depreciation and write-downs630 | €32,574 | €32,102 | €32,102 | €31,137 | €29,750 | ▼ 4.5% |
| Operating cash flow (approximation) | -€43,844 | €344,260 | €17,842 | €65,401 | €37,995 | ▼ 41.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,548 | -€1,015 | ▲ 60.2% |
| Change in cash | - | €74,741 | €141,060 | -€159,201 | -€4,685 | ▲ 97.1% |
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
16-07
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 26-05-2026
- Registered-office move, Franklin Rooseveltlaan 32,1800 Vilvoorde,België
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €34,264
Net result €34,264 after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Back to profitnet €312,158
Net result €312,158 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €722,093 ▲76.1%
Equity rises from €409,935 to €722,093.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€76,418
Net result drops to -€76,418, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2010
Ground area
338 m²
Building footprint
106 m²
Volume, LiDAR
1,165 m³
Parcel 23643G0455/00L000, Flanders · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
E-Logic
since 20102.186.277.753
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643G0455/00L000 | Flanders | 338 m² | 1 · 106 m² | 15.4 m · 4 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.
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Of 3,530 companies in sector 90391 we hold annual accounts for 684. 417 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
Founded15-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
64210Activities of holding companies
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0823927601
Also
9925:BE0823927601
Registered
29-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.