LOGELEC
ActiveSummary
The computed 12-month bankruptcy probability of LOGELEC is 2.5% (moderate). The 2025 annual accounts show equity of €37k and a net result of €4k. Its solvency ranks better than 67% of 27965 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-46
Solvency88▲+25
Growth41
Track record82
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.68 against 1.61 in 2024; short-term debt: 37.1% and cash: 57.3% of total assets), and 37.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.9%
Return on assets
6.5%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
31 d early
2024
3 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, micro schema
Turnover
€184k▼ 4.9%
2024 · €193k
EBIT margin
3.7%▼ 16.9pp
2024 · 20.6%
Net result
€4k▼ 88.1%
2024 · €32k
Working capital
€36k▲ 11.6%
2024 · €33k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Turnover€193k-€184k▼ 4.9%
Operating result€40k-€7k▼ 83.1%
Net result€32k-€4k▼ 88.1%
EBIT margin20.6%-3.7%▼ 16.9pp
Equity€33k-€37k▲ 11.6%
Total assets€86k-€58k▼ 32.3%
Debt€53k-€22k▼ 59.4%
Working capital€33k-€36k▲ 11.6%
Staff (FTE)0.3-1.3▲ 333%
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 2025; 2025 is 83% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€268 =
Current assets
€58k ▼ 32.4%
Equity and liabilities €58k
Equity
€37k ▲ 11.6%
Debt
€22k ▼ 59.4%
Debt's share of the balance-sheet total falls from 61.8% to 37.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.68▲
2024 · 1.61
Debt to equity
0.59▼
2024 · 1.62
ROE
10.4%▼
2024 · 97.0%
ROA
6.5%▼
2024 · 37.0%
Debt ≤ 1 year
€22k▼
2024 · €53k
Income taxes
€1k▼
2024 · €8k
Staff costs
€15k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €193k | €184k | ▼ 4.9% |
| Goods, raw materials, services and sundry goods60/61 | €150k | €161k | ▲ 7.2% |
| Remuneration, social security and pensions62 | €3k | €15k | ▲ 414% |
| Other operating charges640/8 | - | €339 | - |
| Gross operating margin9900 | €43k | €22k | ▼ 47.6% |
| Operating profit (loss)9901 | €40k | €7k | ▼ 83.1% |
| Financial income75/76B | €192 | €44 | ▼ 76.9% |
| Recurring financial income75 | €192 | €44 | ▼ 76.9% |
| Financial charges65/66B | €14 | €2k | ▲ 13,465% |
| Recurring financial charges65 | €14 | €2k | ▲ 13,465% |
| Profit (loss) for the period before taxes9903 | €40k | €5k | ▼ 87.7% |
| Income taxes67/77 | €8k | €1k | ▼ 86.3% |
| Profit (loss) for the period9904 | €32k | €4k | ▼ 88.1% |
| Profit (loss) for the period to be appropriated9905 | €32k | €4k | ▼ 88.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €86k | €58k | ▼ 32.3% |
| Fixed assets21/28 | €268 | €268 | = |
| Financial fixed assets28 | €268 | €268 | = |
| Current assets29/58 | €86k | €58k | ▼ 32.4% |
| Amounts receivable within one year40/41 | €16k | €25k | ▲ 57.7% |
| Trade receivables40 | €10k | €21k | ▲ 99.8% |
| Other amounts receivable41 | €5k | €4k | ▼ 28.7% |
| Cash at bank and in hand54/58 | €70k | €33k | ▼ 52.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €86k | €58k | ▼ 32.3% |
| Equity10/15 | €33k | €37k | ▲ 11.6% |
| Contributions10/11 | €1k | €1k | = |
| Profit (loss) carried forward14 | €32k | €36k | ▲ 11.9% |
| Amounts payable17/49 | €53k | €22k | ▼ 59.4% |
| Amounts payable within one year42/48 | €53k | €22k | ▼ 59.4% |
| Trade debts44 | €42k | €10k | ▼ 76.1% |
| Suppliers440/4 | €42k | €10k | ▼ 76.1% |
| Advances received on contracts in progress46 | - | €200 | - |
| Taxes, remuneration and social security45 | €9k | €9k | ▲ 7.4% |
| Taxes450/3 | €8k | €9k | ▲ 13.7% |
| Remuneration and social security454/9 | €631 | €167 | ▼ 73.5% |
| Other amounts payable47/48 | €3k | €2k | ▼ 27.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €4k | ▼ 88.1% |
| Operating cash flow (approximation) | €32k | €4k | ▼ 88.1% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €-37k | - |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Morlanwelz · 1 establishment unit since 2024
Ground area
249 m²
Building footprint
96 m²
Volume, LiDAR
781 m³
Parcel 56015B0074/00P003, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LD Électricité
since 20242.364.411.622
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56015B0074/00P003 | Wallonia | 249 m² | 1 · 96 m² | 9.6 m · 3 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.
Similar companies · same sector, comparable size
INVISI
BE 1003.958.215
Hoegaarden · Eq €36,663
DAJO ELECTRO
BE 0880.491.467
Heist-op-den-Berg · Eq €36,662
Mesens Electro
BE 1017.461.407
Lille · Eq €36,636
NOZECO
BE 1009.676.859
Bilzen-Hoeselt · Eq €36,631
LOGY-RENOV
BE 0643.788.208
Ottignies-Louvain-la-Neuve · Eq €36,698
Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,239 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
Founded15-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.