LOGGEO
ActiveSummary
LOGGEO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €811,835 and a net result of €44,683. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
short-term debt: 0.3% and cash: 6.5% of total assets, and 8.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% 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
91.3%
Return on assets
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
22 d early
2023
6 d early
2022
6 d early
2021
41 d early
2020
8 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€811,835▲ 5.8%
2024 · €767,152
Total assets
€889,377▲ 2.2%
2024 · €869,945
Net result
€44,683▲ 23.4%
2024 · €36,218
Working capital
€571,594▲ 7.5%
2024 · €531,566
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
Line20212022202320242025
Operating result€45,096▼ 0.6%€26,519▼ 41.2%€40,953▲ 54.4%€47,598▲ 16.2%€48,854▲ 2.6%
Net result€27,133▼ 2.0%€14,837▼ 45.3%€30,304▲ 104%€36,218▲ 19.5%€44,683▲ 23.4%
Equity€685,793▲ 4.1%€700,630▲ 2.2%€730,935▲ 4.3%€767,152▲ 5.0%€811,835▲ 5.8%
Total assets€830,669▲ 2.7%€843,185▲ 1.5%€862,122▲ 2.2%€869,945▲ 0.9%€889,377▲ 2.2%
Debt€125,836▼ 3.0%€125,179▼ 0.5%€115,474▼ 7.8%€88,743▼ 23.1%€65,154▼ 26.6%
Working capital€447,071▲ 10.3%€474,138▲ 6.1%€504,092▲ 6.3%€531,566▲ 5.5%€571,594▲ 7.5%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €889,377
Fixed assets
€315,559 ▼ 5.1%
Current assets
€573,818 ▲ 6.8%
Equity and liabilities €889,377
Equity
€811,835 ▲ 5.8%
Provisions
€12,387 ▼ 11.8%
Debt
€65,154 ▼ 26.6%
Debt's share of the balance-sheet total falls from 10.2% to 7.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65,772▲
2024 · €64,516
Cash flow
€61,601▲
2024 · €53,136
Debt to equity
0.08▼
2024 · 0.12
ROE
5.5%▲
2024 · 4.7%
ROA
5.0%▲
2024 · 4.2%
Interest coverage
13.14▲
2024 · 8.86
Debt ≤ 1 year
€2,224▼
2024 · €5,903
Debt > 1 year
€60,000▼
2024 · €80,000
Income taxes
€24,218▲
2024 · €18,119
A ratio outside any meaningful range has been withheld (balance sheet total €889,377, equity €811,835).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 20,082 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1,240 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,354 | €16,521 | €16,918 | €16,918 | €16,918 | = |
| Other operating charges640/8 | €7,536 | €7,734 | €8,478 | €8,796 | €9,071 | ▲ 3.1% |
| Gross operating margin9900 | €68,986 | €50,775 | €66,348 | €73,311 | €74,843 | ▲ 2.1% |
| Operating profit (loss)9901 | €45,096 | €26,519 | €40,953 | €47,598 | €48,854 | ▲ 2.6% |
| Financial income75/76B | - | €0 | €10,078 | €12,354 | €23,388 | ▲ 89.3% |
| Recurring financial income75 | - | €0 | €10,078 | €12,354 | €23,388 | ▲ 89.3% |
| Financial charges65/66B | €4,837 | €4,839 | €6,879 | €7,278 | €5,005 | ▼ 31.2% |
| Recurring financial charges65 | €4,837 | €4,839 | €6,879 | €7,278 | €5,005 | ▼ 31.2% |
| Profit (loss) for the period before taxes9903 | €40,260 | €21,680 | €44,152 | €52,674 | €67,238 | ▲ 27.6% |
| Transfer from deferred taxes780 | €1,663 | €1,663 | €1,663 | €1,663 | €1,663 | = |
| Income taxes67/77 | €14,789 | €8,506 | €15,511 | €18,119 | €24,218 | ▲ 33.7% |
| Profit (loss) for the period9904 | €27,133 | €14,837 | €30,304 | €36,218 | €44,683 | ▲ 23.4% |
| Transfer from tax-exempt reserves789 | €5,218 | €3,230 | €3,230 | €3,230 | €3,230 | = |
| Profit (loss) for the period to be appropriated9905 | €32,351 | €18,067 | €33,534 | €39,448 | €47,913 | ▲ 21.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €830,669 | €843,185 | €862,122 | €869,945 | €889,377 | ▲ 2.2% |
| Fixed assets21/28 | €377,762 | €366,312 | €349,394 | €332,477 | €315,559 | ▼ 5.1% |
| Tangible fixed assets22/27 | €377,762 | €366,312 | €349,394 | €332,477 | €315,559 | ▼ 5.1% |
| Land and buildings22 | €377,762 | €366,312 | €349,394 | €332,477 | €315,559 | ▼ 5.1% |
| Current assets29/58 | €452,907 | €476,873 | €512,728 | €537,469 | €573,818 | ▲ 6.8% |
| Amounts receivable within one year40/41 | €6,877 | €5,994 | €4,159 | €0 | €13,009 | - |
| Trade receivables40 | €6,877 | €2,001 | €0 | - | - | - |
| Other amounts receivable41 | €0 | €3,993 | €4,159 | €0 | €13,009 | - |
| Current investments50/53 | - | - | - | €503,074 | €503,074 | = |
| Cash at bank and in hand54/58 | €446,030 | €470,879 | €505,742 | €34,394 | €57,735 | ▲ 67.9% |
| Deferred charges and accrued income490/1 | €0 | - | €2,827 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €830,669 | €843,185 | €862,122 | €869,945 | €889,377 | ▲ 2.2% |
| Equity10/15 | €685,793 | €700,630 | €730,935 | €767,152 | €811,835 | ▲ 5.8% |
| Contributions10/11 | €349,680 | €349,680 | €349,680 | €349,680 | €349,680 | = |
| Revaluation surpluses12 | €17,554 | €17,554 | €17,554 | €17,554 | €17,554 | = |
| Reserves13 | €318,559 | €333,397 | €363,701 | €399,919 | €444,602 | ▲ 11.2% |
| Non-distributable reserves130/1 | €9,530 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €9,530 | €0 | - | - | - | - |
| Tax-exempt reserves132 | €37,014 | €33,785 | €30,555 | €27,325 | €24,095 | ▼ 11.8% |
| Distributable reserves133 | €272,015 | €299,612 | €333,147 | €372,594 | €420,507 | ▲ 12.9% |
| Provisions and deferred taxes16 | €19,040 | €17,376 | €15,713 | €14,050 | €12,387 | ▼ 11.8% |
| Deferred taxes168 | €19,040 | €17,376 | €15,713 | €14,050 | €12,387 | ▼ 11.8% |
| Amounts payable17/49 | €125,836 | €125,179 | €115,474 | €88,743 | €65,154 | ▼ 26.6% |
| Amounts payable after more than one year17 | €120,000 | €120,000 | €100,000 | €80,000 | €60,000 | ▼ 25.0% |
| Financial debts170/4 | €120,000 | €120,000 | €100,000 | €80,000 | €60,000 | ▼ 25.0% |
| Amounts payable within one year42/48 | €5,836 | €2,735 | €8,636 | €5,903 | €2,224 | ▼ 62.3% |
| Trade debts44 | €756 | €787 | €773 | €984 | €0 | ▼ 100% |
| Suppliers440/4 | €756 | €787 | €773 | €984 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €5,080 | €1,949 | €3,076 | €4,919 | €2,224 | ▼ 54.8% |
| Taxes450/3 | €5,080 | €1,949 | €3,076 | €4,919 | €2,224 | ▼ 54.8% |
| Other amounts payable47/48 | - | - | €4,788 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €2,443 | €6,838 | €2,840 | €2,931 | ▲ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,133 | €14,837 | €30,304 | €36,218 | €44,683 | ▲ 23.4% |
| + Depreciation and write-downs630 | €16,354 | €16,521 | €16,918 | €16,918 | €16,918 | = |
| Operating cash flow (approximation) | €43,488 | €31,358 | €47,222 | €53,136 | €61,601 | ▲ 15.9% |
| Investment in fixed assets (approximation) | - | -€5,071 | €0 | €0 | €0 | - |
| Change in cash | - | €24,850 | €34,863 | -€471,348 | €23,341 | ▲ 105% |
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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €44,683 ▲23.4%
Operating result €48,854, net result €44,683, both a record.
31-12
Financial
Liquidity triplescurrent ratio 258.06
Current ratio from 91.05 to 258.06; short-term debt falls from €5,903 to €2,224.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €14,837 ▼45.3%
Net result drops to €14,837, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 174.34
Current ratio from 77.60 to 174.34; short-term debt falls from €5,836 to €2,735.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 36.40
Current ratio from 17.24 to 36.40; short-term debt falls from €22,357 to €10,249.
Show earlier events
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Izegem · 1 establishment unit since 1990
Ground area
1,386 m²
Building footprint
188 m²
Volume, LiDAR
2,221 m³
Parcel 36494D1126/00D007, Flanders · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BOPLAST
since 19902.050.034.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D1126/00D007 | Flanders | 1,386 m² | 1 · 188 m² | 14.8 m · 4 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.
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Of 371 companies in sector 22210 we hold annual accounts for 293. 212 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
Founded19-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
22210Manufacture of rubber and plastic products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441703752
Also
9925:BE0441703752
Registered
26-06-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.