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LOGEON

Active
Private limited companyfounded 20233 yrs activeLouise-Mariestraat 17, 9680 Maarkedal, BelgiumKBO/BCE: BE 0803.645.988
Summary

The computed 12-month bankruptcy probability of LOGEON is 5.0% (elevated). The 2024 annual accounts show equity of €22,591 and a net result of €16,591. Its solvency ranks better than 40% of 18940 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability82
Solvency43
Growth-
Track record79
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.92; short-term debt: 50.9% and cash: 23.3% of total assets), and 82.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
17.5%
Return on assets
12.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 1 filing
Deviation from the deadline
2024
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 29 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
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

LOGEON was incorporated on 6 July 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€22,591
Total assets
€129,033
Net result
€16,591
Working capital
-€5,246

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €129,033
Fixed assets €68,636
Current assets €60,397
Equity and liabilities €129,033
Equity €22,591
Debt €106,442
Debt finances 82.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€44,370
Cash flow
€31,924
Current ratio
0.92
Quick ratio
0.51
Debt to equity
4.71
ROE
73.4%
ROA
12.9%
Interest coverage
5.69
Debt ≤ 1 year
€65,643
Debt > 1 year
€39,299
Income taxes
€4,704
Staff costs
€138,839

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.0% 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 497,662 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% 1.7%
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 75% 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 7,976 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 · 2024 · 49 lines
Balance sheet Code2024
Assets
Total assets20/58€129,033
Fixed assets21/28€68,636
Intangible fixed assets21€22,361
Tangible fixed assets22/27€42,075
Plant, machinery and equipment23€34,899
Furniture and vehicles24€853
Other tangible fixed assets26€6,323
Financial fixed assets28€4,200
Current assets29/58€60,397
Stocks and contracts in progress3€26,762
Stocks30/36€26,762
Amounts receivable within one year40/41€3,368
Trade receivables40€12
Other amounts receivable41€3,356
Cash at bank and in hand54/58€30,017
Deferred charges and accrued income490/1€250
Equity and liabilities
Total equity and liabilities10/49€129,033
Equity10/15€22,591
Contributions10/11€6,000
Reserves13€16,591
Distributable reserves133€16,591
Amounts payable17/49€106,442
Amounts payable after more than one year17€39,299
Financial debts170/4€39,299
Amounts payable within one year42/48€65,643
Current portion of amounts payable after more than one year42€11,216
Trade debts44€25,295
Suppliers440/4€25,295
Taxes, remuneration and social security45€23,166
Taxes450/3€12,743
Remuneration and social security454/9€10,423
Other amounts payable47/48€5,966
Accrued charges and deferred income492/3€1,500
Income statement Code2024
Remuneration, social security and pensions62€138,839
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,333
Other operating charges640/8€3,781
Gross operating margin9900€186,990
Operating profit (loss)9901€29,037
Financial income75/76B€58
Recurring financial income75€58
Financial charges65/66B€7,799
Recurring financial charges65€7,799
Profit (loss) for the period before taxes9903€21,295
Income taxes67/77€4,704
Profit (loss) for the period9904€16,591
Profit (loss) for the period to be appropriated9905€16,591
Appropriation of the result
Profit (loss) to be appropriated9906€16,591
Transfer to equity691/2€16,591
To other reserves6921€16,591

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€138,839
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,333
Other operating charges640/8€3,781
Gross operating margin9900€186,990
Operating profit (loss)9901€29,037
Financial income75/76B€58
Recurring financial income75€58
Financial charges65/66B€7,799
Recurring financial charges65€7,799
Profit (loss) for the period before taxes9903€21,295
Income taxes67/77€4,704
Profit (loss) for the period9904€16,591
Profit (loss) for the period to be appropriated9905€16,591
Line2024
Assets
Total assets20/58€129,033
Fixed assets21/28€68,636
Intangible fixed assets21€22,361
Tangible fixed assets22/27€42,075
Plant, machinery and equipment23€34,899
Furniture and vehicles24€853
Other tangible fixed assets26€6,323
Financial fixed assets28€4,200
Current assets29/58€60,397
Stocks and contracts in progress3€26,762
Stocks30/36€26,762
Amounts receivable within one year40/41€3,368
Trade receivables40€12
Other amounts receivable41€3,356
Cash at bank and in hand54/58€30,017
Deferred charges and accrued income490/1€250
Equity and liabilities
Total equity and liabilities10/49€129,033
Equity10/15€22,591
Contributions10/11€6,000
Reserves13€16,591
Distributable reserves133€16,591
Amounts payable17/49€106,442
Amounts payable after more than one year17€39,299
Financial debts170/4€39,299
Amounts payable within one year42/48€65,643
Current portion of amounts payable after more than one year42€11,216
Trade debts44€25,295
Suppliers440/4€25,295
Taxes, remuneration and social security45€23,166
Taxes450/3€12,743
Remuneration and social security454/9€10,423
Other amounts payable47/48€5,966
Accrued charges and deferred income492/3€1,500
Line2024
Profit (loss) for the period9904€16,591
+ Depreciation and write-downs630€15,333
Operating cash flow (approximation)€31,924

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

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
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, Maarkedal · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
617 m²
Building footprint
224 m²
Volume, LiDAR
1,318 m³
Parcel 45011B1635/00Y003, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LOGEON
Louise-Mariestraat 17, 9680 MaarkedalFull-service restaurants
since 20232.347.211.344
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45011B1635/00Y003 Flanders 617 m² 1 · 224 m² 10.0 m · 2 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Maarkedal2.347.211.344
1 permission
Toelating · Eetgelegenheid · since 23-08-2023

Similar companies · same sector, comparable size

Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,003 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
Founded06-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56220Contract catering and other food service activities
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803645988
Also 9925:BE0803645988
Registered 19-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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