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LG LOGOS

Active
Private limited companyfounded 20233 yrs activeRue de la Motte, B.-en-F. 49, 5660 Couvin, BelgiumKBO/BCE: BE 0797.744.331
Summary

LG LOGOS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,669 and a net result of €26,318. Equity is growing by ~95.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 16718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+27
Solvency67▲+23
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.68 against 1.38 in 2024; short-term debt: 24.9% and cash: 30.6% of total assets), but 57.7% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
42.3%
Return on assets
26.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 01-07-2026, 30 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
30 d early
2024
27 d late
2023
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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.
Companies Code · seven months
Position in the running window
27-09-2026 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

History

LG LOGOS was incorporated on 29 January 2023 as a Private limited company.1 Total assets went from EUR 95,881 in 2023 to EUR 98,517 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€41,669▲ 171%
2024 · €15,351
Total assets
€98,517▲ 21.2%
2024 · €81,307
Net result
€26,318▲ 790%
2024 · €2,957
Working capital
€41,237▲ 346%
2024 · €9,236
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health 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
Line202320242025
Operating result€16,931-€10,132▼ 40.2%€39,885▲ 294%
Net result€8,895below the sector's middle half-€2,957below the sector's middle half▼ 66.8%€26,318within the sector's middle half▲ 790%
Equity€12,395below the sector's middle half-€15,351below the sector's middle half▲ 23.9%€41,669within the sector's middle half▲ 171%
Total assets€95,881below the sector's middle half-€81,307below the sector's middle half▼ 15.2%€98,517below the sector's middle half▲ 21.2%
Debt€83,486-€65,956▼ 21.0%€56,848▼ 13.8%
Working capital-€603-€9,236€41,237▲ 346%
Solvency12.9%below the sector's middle half-18.9%below the sector's middle half▲ 6.0pp42.3%within the sector's middle half▲ 23.4pp
above within below the middle half (P25 to P75) of NACE 86, Human health 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
€0€10,000€20,000€30,000€40,000Operating result 2023: €16,931€16,931Net result 2023: €8,895€8,895Operating result 2024: €10,132€10,132Net result 2024: €2,957€2,957Operating result 2025: €39,885€39,885Net result 2025: €26,318€26,318202320242025€0€10,000€20,000€30,000€40,000Operating result 2023: €16,931€16,900Net result 2023: €8,895€8,890Operating result 2024: €10,132€10,100Net result 2024: €2,957€2,960Operating result 2025: €39,885€39,900Net result 2025: €26,318€26,300202320242025
The operating result recovers in 2025; 2025 is 294% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98,517
Fixed assets €32,762 ▼ 31.2%
Current assets €65,755 ▲ 95.2%
Equity and liabilities €98,517
Equity €41,669 ▲ 171%
Debt €56,848 ▼ 13.8%
Debt's share of the balance-sheet total falls from 81.1% to 57.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€55,838▲
2024 · €25,844
Cash flow
€42,272▲
2024 · €18,669
Current ratio
2.68▲
2024 · 1.38
Debt to equity
1.36▼
2024 · 4.30
ROE
63.2%▲
2024 · 19.3%
ROA
26.7%▲
2024 · 3.6%
Interest coverage
12.94▲
2024 · 6.66
Debt ≤ 1 year
€24,518▲
2024 · €24,454
Debt > 1 year
€32,330▼
2024 · €41,502
Income taxes
€9,252▲
2024 · €3,297
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€81,307€98,517▲
Fixed assets21/28€47,617€32,762▼
Tangible fixed assets22/27€47,617€32,762▼
Furniture and vehicles24€46,556€32,034▼
Other tangible fixed assets26€1,061€728▼
Current assets29/58€33,691€65,755▲
Amounts receivable within one year40/41€23,024€35,584▲
Trade receivables40€2,393€10,256▲
Other amounts receivable41€20,631€25,328▲
Cash at bank and in hand54/58€10,667€30,171▲
Equity and liabilities
Total equity and liabilities10/49€81,307€98,517▲
Equity10/15€15,351€41,669▲
Contributions10/11€3,500€3,500=
Outside capital11€3,500-
Other1109/19€3,500-
Reserves13€11,851€38,169▲
Distributable reserves133€11,851€38,169▲
Amounts payable17/49€65,956€56,848▼
Amounts payable after more than one year17€41,502€32,330▼
Financial debts170/4€41,502€32,330▼
Amounts payable within one year42/48€24,454€24,518▲
Current portion of amounts payable after more than one year42€8,830€9,172▲
Trade debts44€7,517€6,094▼
Suppliers440/4€7,517€6,094▼
Taxes, remuneration and social security45€8,108€9,252▲
Taxes450/3€8,108€9,252▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,712€15,954▲
Other operating charges640/8€1,583€1,514▼
Gross operating margin9900€27,427€57,353▲
Operating profit (loss)9901€10,132€39,885▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€3,878€4,315▲
Recurring financial charges65€3,878€4,315▲
Profit (loss) for the period before taxes9903€6,254€35,570▲
Income taxes67/77€3,297€9,252▲
Profit (loss) for the period9904€2,957€26,318▲
Profit (loss) for the period to be appropriated9905€2,957€26,318▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,957€26,318▲
Transfer to equity691/2€2,957€26,318▲
To other reserves6921€2,957€26,318▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,356€15,712€15,954▲ 1.5%
Other operating charges640/8€1,887€1,583€1,514▼ 4.4%
Gross operating margin9900€32,174€27,427€57,353▲ 109%
Operating profit (loss)9901€16,931€10,132€39,885▲ 294%
Financial income75/76B--€1-
Recurring financial income75--€1-
Financial charges65/66B€3,226€3,878€4,315▲ 11.3%
Recurring financial charges65€3,226€3,878€4,315▲ 11.3%
Profit (loss) for the period before taxes9903€13,705€6,254€35,570▲ 469%
Income taxes67/77€4,810€3,297€9,252▲ 181%
Profit (loss) for the period9904€8,895€2,957€26,318▲ 790%
Profit (loss) for the period to be appropriated9905€8,895€2,957€26,318▲ 790%
Line202320242025Change
Assets
Total assets20/58€95,881€81,307€98,517▲ 21.2%
Fixed assets21/28€63,329€47,617€32,762▼ 31.2%
Tangible fixed assets22/27€63,329€47,617€32,762▼ 31.2%
Furniture and vehicles24€61,935€46,556€32,034▼ 31.2%
Other tangible fixed assets26€1,394€1,061€728▼ 31.4%
Current assets29/58€32,552€33,691€65,755▲ 95.2%
Amounts receivable within one year40/41€22,525€23,024€35,584▲ 54.6%
Trade receivables40€22,525€2,393€10,256▲ 329%
Other amounts receivable41-€20,631€25,328▲ 22.8%
Cash at bank and in hand54/58€10,026€10,667€30,171▲ 183%
Equity and liabilities
Total equity and liabilities10/49€95,881€81,307€98,517▲ 21.2%
Equity10/15€12,395€15,351€41,669▲ 171%
Contributions10/11€3,500€3,500€3,500=
Outside capital11€3,500€3,500--
Other1109/19€3,500€3,500--
Reserves13€8,895€11,851€38,169▲ 222%
Distributable reserves133€8,895€11,851€38,169▲ 222%
Amounts payable17/49€83,486€65,956€56,848▼ 13.8%
Amounts payable after more than one year17€50,332€41,502€32,330▼ 22.1%
Financial debts170/4€50,332€41,502€32,330▼ 22.1%
Amounts payable within one year42/48€33,154€24,454€24,518▲ 0.3%
Current portion of amounts payable after more than one year42€8,501€8,830€9,172▲ 3.9%
Trade debts44€419€7,517€6,094▼ 18.9%
Suppliers440/4€419€7,517€6,094▼ 18.9%
Taxes, remuneration and social security45€9,124€8,108€9,252▲ 14.1%
Taxes450/3€4,810€8,108€9,252▲ 14.1%
Remuneration and social security454/9€4,314---
Other amounts payable47/48€15,110---
Line202320242025Change
Profit (loss) for the period9904€8,895€2,957€26,318▲ 790%
+ Depreciation and write-downs630€13,356€15,712€15,954▲ 1.5%
Operating cash flow (approximation)€22,251€18,669€42,272▲ 126%
Investment in fixed assets (approximation)-€0-€1,099-
Change in cash-€641€19,504▲ 2,945%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2023net €26,318 ▲790%
Operating result €39,885, net result €26,318, both a record.
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial Weakest financial yearnet €2,957 ▼66.8%
Net result drops to €2,957, the lowest in the series; recovery starts the following year.
18-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

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

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Directors · office · real estate

Directors
1 act for this company is 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, Couvin · 2 establishment units since 2023
seat establishment All 2 establishment units on the map
Ground area
1,208 m²
Building footprint
162 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
LG LOGOS
Rue de la Motte, B.-en-F. 49, 5660 CouvinHuman health activities
since 20232.342.346.793
LG LOGOS
Chaussée de Couvin(CH) 50, 6460 ChimayHuman health activities
since 20232.342.346.892
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
93006D0498/00A002 Wallonia 1,094 m² 1 · 109 m² -
56016D0537/00X004 Wallonia 113 m² 1 · 53 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 12,699 companies in sector 86951 we hold annual accounts for 2,146. 1,959 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
Founded29-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

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