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LOGFLOW

Active
Public limited company·Overige zakelijke dienstverlening, neg· 16 yrs active
Kapellestraat 136 ·8020 Oostkamp, Belgium
KBO/BCE: BE 0819.924.568
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Belgian State Gazette acts: 0 of 16 read
Age16 yrs
Board1
Real estate2 parcels · 4.0 ha

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LOGFLOW is 0.3% (very low). The 2025 annual accounts show equity of €691k and a net result of €-225k. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.3% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Multiple establishment units +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 31-03-2026 122 d early 2026-00071449
31-12-2024 31-07-2025 30-06-2025 31 d early 2025-00210423
31-12-2023 31-07-2024 07-05-2024 85 d early 2024-00086459
31-12-2022 31-07-2023 11-05-2023 81 d early 2023-00087500
31-12-2021 31-07-2022 25-05-2022 67 d early 2022-20040091
31-12-2020 31-07-2021 15-06-2021 46 d early 2021-20300203
30-11-2019 30-06-2020 18-06-2020 12 d early 2020-18200570
31-12-2017 31-07-2018 12-03-2018 141 d early 2018-06700190
31-12-2016 31-07-2017 26-06-2017 35 d early 2017-22200344
31-12-2015 31-07-2016 27-07-2016 4 d early 2016-37100342

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2009, 16 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€6.59M
EBIT margin0.3%
Net result€-225k
Working capital€-454k

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 31-03-2026 with the NBB · fiscal year 2025 · verkort
Fiscal year2025
Depositverkort
Revenue€6.59M
EBITDA€795k
Net profit€-225k
Cash flow€548k
Staff costs€2.37M
Income taxes€12k
Dividends-
Total assets€9.20M
Equity€691k
Debt€8.51M
of which ≤ 1y€2.04M
of which > 1y€6.47M
Working capital€-454k
Employees (FTE)25.9
Ratios (computed)
2025
Current ratio0.78
Quick ratio0.78
Working capital ratio-4.9%
Solvency7.5%
Debt / equity12.32
Long-term debt ratio9.37
Interest coverage3.39
Gross margin42.4%
Net margin-3.4%
ROA-2.4%
ROE-32.5%
EBITDA margin12.1%
Days sales outstanding67d
Days payable outstanding99d
Inventory turnover5021.60
Days inventory (DSI)0d
Balance-sheet composition 2025
Full annual accounts (28 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€9.20M
Fixed assets 21/28€6.61M
Formation expenses 20€1.01M
Intangible fixed assets 21€450k
Tangible fixed assets 22/27€6.16M
Financial fixed assets 28€350
Current assets 29/58€1.58M
Stocks & contracts in progress 3€756
Amounts receivable within one year 40/41€1.23M
Cash & bank 54/58€179k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€9.20M
Equity 10/15€691k
Contributions / capital 10/11€62k
Reserves 13€908k
Accumulated profits (losses) 14€-279k
Amounts payable 17/49€8.51M
Amounts payable after one year 17€6.47M
Amounts payable within one year 42/48€2.04M
Trade debts payable within one year 44€1.03M
Income statement
Turnover 70€6.59M
Gross operating margin 9900€3.19M
Operating result 9901€22k
Financial income 75€429
Financial charges 65€235k
Result before taxes 9903€-212k
Income taxes 67/77€12k
Net result for the period 9904€-225k
Result to be appropriated 9905€-225k
Ratios computed by Checked.

Health barometer

FY 2025 · computed
36 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

12 directors
16 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
  • Optima-Beli BVLegal entity
    Director
    State Gazette act 22029708 (04-03-2022)
    Current
    04-03-2022 → present
Historic, not recently confirmed (8)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Copexco BVLegal entity
    Director
    State Gazette act 20075572 (03-07-2020)
    Not recently confirmed
    last confirmed in an act from 2020
    3 events
    • 03-07-2020 Appointed· Director
    • 03-07-2020 Appointed· Managing director
    • 21-04-2020 Appointed· Afgevaardigd bestuurder
  • EVDB Invest BVLegal entity
    Director
    State Gazette act 20075572 (03-07-2020)
    Not recently confirmed
    last confirmed in an act from 2020
    2 events
    • 03-07-2020 Appointed· Director
    • 03-07-2020 Appointed· Managing director
  • Ir. Bart Kindt BVLegal entity
    Director
    State Gazette act 20075572 (03-07-2020)
    Not recently confirmed
    last confirmed in an act from 2020
  • Kindt Bart
    Director
    State Gazette act 16133138 (27-09-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • BVBA BM-SUPPLY CHAIN MANAGEMENTLegal entity
    Director
    State Gazette act 14207335 (14-11-2014)
    Not recently confirmed
    last confirmed in an act from 2014
3 further historic mandates in this list. Available in Kantoor S.
Former directors (3)
  • Aquinas BVLegal entity
    Director
    State Gazette act 22029708 (04-03-2022)
    Former
    - → 04-03-2022
  • Clappaert Wim
    Director
    State Gazette act 20136998 (19-11-2020)
    Former
    - → 19-11-2020
    2 events
    • 19-11-2020 Resigned· Director
    • 19-11-2020 Resigned· Managing director
  • Buffel Kristof
    Director
    State Gazette act 15083427 (12-06-2015)
    Former
    - → 12-06-2015
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Overige zakelijke dienstverlening, neg(82990)
Legal form Public limited company(014)
Incorporation16-10-2009
StatusActive
Postal code8020

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
4 companies at this address See who is registered here

Establishment units

2 locations
LOGFLOW
Kapellestraat 136 Blok E, 8020 OostkampHoldings
since 20092.182.994.106
LOGFLOW
Zagerijstraat 10, 2240 ZandhovenOverige diensten op het gebied van informatietechnologie en computer
since 20162.257.092.010
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area4.0 ha
Buildings2
Building footprint8,652 m²
Volume (LiDAR)76,442 m³
Tallest building25.7 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31022I0695/00C000 Flanders 2.7 ha 1 · 3,207 m² 25.7 m · 5 fl.
11027B0087/00N000 Flanders 1.3 ha 1 · 5,445 m² 10.5 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

13 acts
Address history · 1
25-03-2021
Registered-office move
All acts · 13 updated 4 years ago
2022
04-03-2022 1 director appointed, 1 resigning Director changes
  • Optima-Beli BV, Bestuurder
  • Aquinas BV, Bestuurder
Summary: v3.2
2021
25-03-2021 Registered office moved from Loppem to Oostkamp Registered-office change·Vandenbussche Eric
  • Heidelbergstraat 18 bus A003 - 8210 Loppem → Kapellestraat 136 Blok E - 8020 Oostkamp
Notary: Vandenbussche Eric · Oostende
2020
22-12-2020 Ceases to exist through merger End of life
Summary: v3.2
19-11-2020 2 resigning Director changes
  • Clappaert Wim, Bestuurder
  • Clappaert Wim, Gedelegeerd bestuurder
Summary: v3.2
16-10-2020 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Onbekend
Summary: proposalNotary: Onbekend · Oostende
03-07-2020 5 directors appointed Director changes
  • EVDB Invest BV, Bestuurder
  • Ir. Bart Kindt BV, Bestuurder
  • Copexco BV, Bestuurder
  • EVDB Invest BV, Gedelegeerd bestuurder
  • Copexco BV, Gedelegeerd bestuurder
Summary: v3.2
21-04-2020 Copexco BV appointed as afgevaardigd bestuurder Director changes
  • Copexco BV, Afgevaardigd bestuurder
Summary: v3.2
2019
07-11-2019 Xanlog BVBA resigns as director Director changes
  • Xanlog BVBA, Bestuurder
Summary: v3.2
2018
27-12-2018 Publication in the Belgian Official Gazette, Minor change Minor change·Virginie Daems
Summary: Fiscal year changeNotary: Virginie Daems · ZedelgemFirm: Lommee & Daems, Geassocieerde Notarissen
2016
27-09-2016 Kindt Bart appointed as director Director changes
  • Kindt Bart, Bestuurder
Summary: v3.2
2015
12-06-2015 Buffel Kristof resigns as director Director changes
  • Buffel Kristof, Bestuurder
Summary: v3.2
2014
14-11-2014 Articles of association amended Statutes amendment
Summary: v3.2
2011
22-09-2011 Articles of association amended Statutes amendment
Summary: v3.2

Analysis

Financial profile

4 of 5 axes measured
Health36Profitability23Solvency11Growth-Stability85
39 / 100

Fragile profile, watch solvency in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 36
Profitability 23
Solvency 11
Growth -
Stability 85

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 2,993 of the 24,549 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige zakelijke dienstverlening, neg82990Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110
Primary activity highlighted.
Names & trade names
Legal nameNL LOGFLOW
Registered office
Kapellestraat 136 bus Blok E
8020 Oostkamp, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.