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I-LOGICS

Active
Private limited companyfounded 201115 yrs activeAmerikaanse straat 61-65, 1050 Elsene, BelgiumKBO/BCE: BE 0837.183.046

I-LOGICS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €42. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 21% of 1402 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
56 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+28
Solvency29▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.0 in 2024; short-term debt: 76% and cash: 10.9% of total assets), and 96.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 15 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1402 sector peers (2025).
NBB · sector comparison
Position among 1402 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 01-07-2025 was due by 01-02-2026 and was filed on 04-03-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
24 d late
2023
236 d late
2022
33 d late
2021
27 d late
2020
35 d late
2019
1 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 01-07-2026 and is due by 01-02-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
01-07-2026 close19-09-2026 today01-02-2027 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, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€42▼ 96.5%
2024 · €1k
2019: €10k 2020: €-30k 2021: €2k 2022: €-10k 2023: €9k 2024: €1k
2019 → 2025
Working capital
€10k▲ 479%
2024 · €2k
2019: €23k 2020: €15k 2021: €896 2022: €-41k 2023: €-102k 2024: €2k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€18k-€7k▼ 59.4%€16k▲ 128%€18k▲ 7.3%€18k▲ 0.2%
Operating result€3k-€-10k€15k€8k▼ 47.2%€26k▲ 225%
Net result€2k-€-10k€9k€1k▼ 87.0%€42▼ 96.5%
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20k€30kOperating result 2021: €3k€3kNet result 2021: €2k€2kOperating result 2022: €-10k€-10kNet result 2022: €-10k€-10kOperating result 2023: €15k€15kNet result 2023: €9k€9kOperating result 2024: €8k€8kNet result 2024: €1k€1kOperating result 2025: €26k€26kNet result 2025: €42€4220212022202320242025
The operating result recovers in 2025; 2025 is 225% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €459k
Fixed assets €94k▼ 34.7%
Current assets €364k▼ 21.5%
Equity and liabilities €466k
Equity €18k▲ 0.2%
Debt €448k▼ 25.3%
The debt ratio falls from 97.2% to 96.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€63k
2024 · €17k
Cash flow
€37k
2024 · €10k
Solvency
3.8%
2024 · 2.8%
Current ratio
1.03
2024 · 1.00
Quick ratio
0.93
2024 · 0.82
Debt / equity
25.53
2024 · 34.25
ROE
0.2%
2024 · 6.8%
ROA
0.0%
2024 · 0.2%
Interest coverage
9.26
2024 · 2.63
Debt
€448k
2024 · €600k
Debt ≤ 1 year
€354k
2024 · €462k
Debt > 1 year
€92k
2024 · €135k
Income taxes
€20k
2024 · €3k
Staff costs
€171k
2024 · €349k
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€617k€466k
Formation expenses20€9k€7k
Fixed assets21/28€145k€94k
Tangible fixed assets22/27€144k€94k
Plant, machinery and equipment23€33k€20k
Furniture and vehicles24€85k€53k
Other tangible fixed assets26€25k€21k
Financial fixed assets28€669€669=
Current assets29/58€464k€364k
Stocks and contracts in progress3€83k€35k
Stocks30/36€47k€35k
Contracts in progress37€37k€0
Amounts receivable within one year40/41€374k€273k
Trade receivables40€361k€179k
Other amounts receivable41€13k€94k
Cash at bank and in hand54/58€3k€51k
Deferred charges and accrued income490/1€4k€6k
Equity and liabilities
Total equity and liabilities10/49€617k€466k
Equity10/15€18k€18k
Contributions10/11€19k€19k=
Reserves13€27k€27k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-28k€-28k
Amounts payable17/49€600k€448k
Amounts payable after more than one year17€135k€92k
Financial debts170/4€135k€92k
Amounts payable within one year42/48€462k€354k
Current portion of amounts payable after more than one year42€8k€343
Financial debts43€7k€0
Credit institutions430/8€7k€0
Trade debts44€374k€263k
Suppliers440/4€374k€263k
Advances received on contracts in progress46€3k€0
Taxes, remuneration and social security45€54k€73k
Taxes450/3€41k€47k
Remuneration and social security454/9€13k€26k
Other amounts payable47/48€16k€17k
Accrued charges and deferred income492/3€3k€3k
Income statement Code20242025
Non-recurring operating income76A€0€1k
Remuneration, social security and pensions62€349k€171k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€37k
Other operating charges640/8€3k€3k
Operating charges capitalised as restructuring costs649€-9k€0
Gross operating margin9900€360k€237k
Operating profit (loss)9901€8k€26k
Financial income75/76B€2k€1k
Recurring financial income75€2k€1k
Financial charges65/66B€6k€7k
Recurring financial charges65€6k€7k
Profit (loss) for the period before taxes9903€4k€20k
Income taxes67/77€3k€20k
Profit (loss) for the period9904€1k€42
Profit (loss) for the period to be appropriated9905€1k€42
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-28k
Profit (loss) brought forward from the previous period14P€-29k€-28k
Social balance
Average headcount (FTE)90876.63.8

The notes to these accounts (18 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 01-02-2027
2026
04-03
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
25-02
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 24 days late
2024
24-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 236 days late
2023
01-07
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
06-03
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 33 days late
2022
28-02
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 27 days late
2021
01-07
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
08-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 35 days late
2020
01-07
Financial Weakest financial yearnet €-30k ▼407%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
22-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
24-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Elsene · 1 establishment unit since 2011
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.

Amerikaanse straat 61-651050 Elsene
Ground area
131 m²
Building footprint
108 m²
Volume, LiDAR
593 m³
Parcel 21447B0297/00S002, Brussels · tallest building 15.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Amerikaanse straat 61-65, 1050 Elsene
General electrical installation work
since 20112.204.573.240
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0297/00S002 Brussels 131 m² 1 · 108 m² 15.2 m · 2 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 16,878 companies in sector 62100 we hold annual accounts for 8,776. 5,558 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-06-2011
Fiscal year end01-07
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73110Advertising agencies
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.