Equity
€666,583 ▲ 13.6%
LOGAR has made a profit without a break since 2013.
LOGAR
Lifetime
20 annual accounts with figures on one time axispeak €135,899 (2016)
€128,242▲ 16.0%
lowest -€26,650 (2009)
€79,735▲ 27.1%
peak €666,583 (2025)
€666,583▲ 13.6%
€117,889▲ 23.5%
peak 0.5 FTE (2007)
-not published
Board1 name since 2005
1 director
Documentsfilings and deeds
28-09-202659 days late
2025micro format
Gross margin from €110,525 to €128,242Result from €62,751 to €79,735Equity from €586,848 to €666,583Debts from €95,480 to €117,889Cash from €2,639 to €113
Key points
from the 2025 annual accountsFilings
20 annual accounts since 2006
Ten of the last ten came late. The 2022 accounts came latest: 786 days after the end of the period.
Position in the sector
€666,583
More equity than 94% of companies in wholesale trade. Sector median €58,050 · 15,476 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,135 companies had the same profile as LOGAR has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,135 companies, not a prediction for LOGAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0871447307
Registered office moved to Bruges
New registered office: Heesterlaan 15, 8200 Brugge (Sint-Andries) · General meeting of 16-02-2022 · Gazette deed
First establishment
Oudenburgweg 48, Jabbeke
Incorporation
published on 02-02-2005 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LOGAR Bruges | €0.8m | €128,242 | 85.0% | - |
| LOMMELS HYDRAULIEK CENTRUM Lommel | €0.8m | €152,915 | 22.5% | - |
| ARDEN EQUIPMENT BELGIUM Flémalle | €0.7m | €157,628 | 55.7% | - |
| HOMAFRAS Kinrooi | €0.8m | €163,279 | 91.3% | - |
| THIRY LOCATION Beaumont | €0.6m | €218,491 | 54.2% | - |
| INDUPARTS Roeselare | €0.5m | €166,844 | 56.6% | 2.2 |
| VIRTUS Zedelgem | €1.7m | €116,337 | 75.9% | - |
These companies have the same main activity as LOGAR: wholesale trade (NACE 46630). They are comparable in size and age: total assets between €508,000 and €1.7m, founded between 2000 and 2006.
Official details
Source: KBO- Status
- Active since 25-01-2005Normal situation
- Activity
- Wholesale tradeNACE 46630and 1 other
- Establishment unit
- 2.145.192.0188490 Jabbeke, since 07-02-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 22-04-2025
Insights on LOGAR
LOGAR files the micro format. That format states no turnover. The gross margin rose from €39,527 in 2006 to €128,242 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LOGAR
- What is the company number of LOGAR?
- The company number of LOGAR is 0871.447.307. The VAT number is the same number with BE in front: BE 0871.447.307.
- Where is LOGAR based?
- The registered office is at Heesterlaan 15, 8200 Bruges.Company details
- What does LOGAR do?
- According to the KBO register, the main activity is wholesale trade (NACE 46630).
- What is the legal form of LOGAR?
- LOGAR is a private limited company (BV).
- When was LOGAR founded?
- LOGAR was founded on 25-01-2005.
- Is LOGAR still active?
- Yes, LOGAR is an active enterprise in the KBO register.
- How many employees does LOGAR have?
- LOGAR had an average of 0.5 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of LOGAR?
- The turnover in financial year 2025 is ≈ €630,000. This figure is estimated from the gross margin of €128,242 and 60 comparable companies (NACE 46). It probably lies between €290,000 and €1.2m.
- Is LOGAR profitable?
- In financial year 2025, LOGAR made a profit of €79,735.
- Where can I find the annual accounts of LOGAR?
- LOGAR filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LOGAR due?
- LOGAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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