Equity
€39.0m ▼ 1.2%
LOGENAM has made a profit without a break since 2011.
LOGENAM
Lifetime
18 annual accounts with figures on one time axis, 49 filings since 1977peak €7.1m (2025)
€7.1m▲ 4.2%
lowest -€856,963 (2009)
€1.2m▲ 25.3%
peak €39.5m (2024)
€39.0m▼ 1.2%
€35.9m▲ 12.0%
peak 33.4 FTE (2023)
31.7 FTE▼ 2.8%
Board100 names since 2004all names
17 directors and 16 others
Documentsfilings and deeds
20-06-202641 days before the deadline
2025financial year
Result from €978,591 to €1.2mPurpose change 02-09Appointments: (chair) and (vice-chair) 22-0816 directors appointed 22-08Appointment: (statutory auditor) 22-08Investments €9.8m
Key points
from the 2025 annual accountsInvestments
€14.9m 10.0 × depreciation
Green is investment, beige is depreciation.
Payment terms
467 days to suppliers
LOGENAM pays its suppliers 83 days earlier than in 2024. Customers pay 4 days later.
Restructuring
2
2 restructurings in 2026. Latest: merger with LE FOYER NAMUROIS.
Board
9 joined · 1 left
Board changed. Latest change 18-08-2026 · 24 in office.
Position in the sector
€39.0m
More equity than 90% of companies in real estate. Sector median €1.4m · 2,106 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as LOGENAM has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
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 14,768 companies, not a prediction for LOGENAM. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Manager, since 12-08-2019
Director, since 20-05-2025
Director, since 30-06-2025
Director, since 30-06-2025
Auditor
- 750 sharesdeed of 08-05-2026
- 7,775 sharesdeed of 08-05-2026
- 100 sharesdeed of 08-05-2026
Recent changes
Merger: LA JOIE DU FOYER takes over LE FOYER NAMUROIS
Company renamed from LA JOIE DU FOYER to LOGENAM · Registered office moved from Saint-Servais to Namur · Capital increase of €73,846,035 · Gazette deed
Resignations & appointments
General meeting of 21-05-2026 · Gazette deed
Merger: la Joie du Foyer takes over Foyer Namurois
Appointments: (managing director), (directeur gérant adjoint), (director), (director) and (director) · Resignation: (director) · Board meeting of 21-05-2026 · Gazette deed
New establishment in Namur
Rue des Brasseurs 87
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LOGENAM Namur | €7.1m | 14.9% | 50.0% | 31.7 |
| L'HABITAT DU PAYS VERT Ath | €7.6m | -15.8% | 42.8% | 34.2 |
| HAUTE SENNE LOGEMENT Soignies | €7.0m | 32.6% | 36.6% | 27.2 |
| DE WONINGEN VAN BRUSSEL DUIZEND TWEE HONDERD TIEN Saint-Josse-ten-Noode | €6.0m | 10.9% | 37.5% | 28.8 |
| IMMOBILIERE SOCIALE ENTRE SAMBRE ET HAINE Binche | €9.1m | 4.1% | 36.8% | 37.4 |
| La Ruche Chapelloise Chapelle-lez-Herlaimont | €8.6m | 3.9% | 41.2% | 37.4 |
| LA REGIONALE VISETOISE D'HABITATIONS Visé | €7.4m | 16.0% | 51.6% | 21.5 |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as LOGENAM: real estate activities (NACE 68202). They are comparable in size and age: total assets between €56m and €152m, founded between 1901 and 1929.
Official details
Source: KBO- Status
- Active since 14-06-1923Normal situation
- Activity
- Real estate activitiesNACE 68202
- Joint committee
- 339.02Approved social housing companies · annual accounts 2022
- Establishment units
- 2.228.464.0435002 Namur, since 20-06-1923
- 2.391.099.4885000 Namur, since 19-06-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 18-09-2025
Annual accounts 2025
- €78.0m▲ 4.7%
- Employeeson 31-12-2025
- 33▼ 5.7%
- Filing
- Filed on 20-06-2026, 41 days before the end of the filing period
Insights on LOGENAM
LOGENAM has existed since 1923. Turnover grew from €4.1m in 2008 to €7.1m in 2025.
Turnover has grown every year since 2020.
In June 2025, five directors stepped down.
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 LOGENAM
- What is the company number of LOGENAM?
- The company number of LOGENAM is 0401.401.539. The VAT number is the same number with BE in front: BE 0401.401.539.
- Where is LOGENAM based?
- The registered office is at Rue des Brasseurs 87, 5000 Namur.Company details
- What does LOGENAM do?
- According to the KBO register, the main activity is real estate activities (NACE 68202).
- What is the legal form of LOGENAM?
- LOGENAM is a private limited company (BV).
- When was LOGENAM founded?
- LOGENAM was founded on 14-06-1923.
- Is LOGENAM still active?
- Yes, LOGENAM is an active enterprise in the KBO register.
- How many employees does LOGENAM have?
- LOGENAM had an average of 31.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LOGENAM fall under?
- In its 2022 annual accounts, LOGENAM states joint committee 339.02 (Approved social housing companies).
- What is the turnover of LOGENAM?
- The turnover of LOGENAM was €7.1m in financial year 2025, according to the filed annual accounts.
- Is LOGENAM profitable?
- In financial year 2025, LOGENAM made a profit of €1.2m.
- Where can I find the annual accounts of LOGENAM?
- LOGENAM filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LOGENAM due?
- LOGENAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.