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LOGGHE

Active
Private limited companyfounded 198541 yrs activeAkkerstraat 2, 8400 Oostende, BelgiumKBO/BCE: BE 0426.985.090
Summary

LOGGHE has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,220) and a net result of -€47,519. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 12348 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Risk analysisWatch ReportCompare
LOGGHEActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of solid, liquid and gaseous fuels and related products
NACE 46810NACE 46710NACE 51510
1 site
Size
€747,517total assets 2025
Equity
-€3,220
Loss
-€47,519
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
1.3%
Structure
Board
1 member
Accounts 2 d early1 of 5 deeds read
Why 54Capped at 59: negative equity- Negative equity -€3,220- Liquidity: current ratio 12.20, cash €412, halved- Loss of €47,519 (FY 2025)+ Size: total assets €747,517Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 22% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 25-6
equity -0.4% of total assets
Liquidity 50-4
short-term debt 0.6% · cash 0.1%
Profitability 11-60
return on assets -6.4%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,765 companies)
Last 12 months 11-2025: 0.4%lowest value 12-2025: 0.6%▲ +71.2% vs 11-2025 01-2026: 1.1%▲ +74.4% vs 12-2025 02-2026: 1.1%● 0.0% vs 01-2026 03-2026: 1.1%● 0.0% vs 02-2026 04-2026: 1.1%● 0.0% vs 03-2026 05-2026: 1.1%● 0.0% vs 04-2026 06-2026: 1.1%● 0.0% vs 05-2026 07-2026: 1.1%● 0.0% vs 06-2026 08-2026: 1.1%● 0.0% vs 07-2026 09-2026: 1.1%▲ +0.3% vs 08-2026 10-2026: 1.3%▲ +13.2% vs 09-2026highest value
  • Negative equity -€3,220 raises the probability
  • Liquidity: current ratio 12.20, cash €412, halved raises the probability
  • Size: total assets €747,517 lowers the probability for this profile
  • Loss of €47,519 (FY 2025) raises the probability
No credit on open account
Liquidity ample (current ratio 12.2 against 95.59 in 2024; short-term debt: 0.6% and cash: 0.1% of total assets), but equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 16%, liquidity 53%, profitability 17%, growth against the median 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€3,220
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 12.20, cash €412, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €747,517
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €47,519 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€3,220
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 28-11-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
1 d early
2023
on the day
2022
on the day
2021
5 d early
2020
3 d early
2019
2 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 2 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today. Usually files around 29 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-04-2026 close02-10-2026 today30-11-2026 deadline
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
  1. Resignation: Jozef Logghe (sole director)Appointment: Logghe-Ve.Co (director) · Permanent…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€3,220 View
  • Caution: From profit to loss in 2025after €15,984 in 2024 -€47,519 View
  • Caution: Among the weakest 5% on net resultsector median €5,605 · 12,356 companies -€47,519 View
  • Caution: Board changedlatest change 02-07-2026 · 1 in office 1 joined · 1 left View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€747,517
Loss
-€47,519
Solvency
-0.4%
Total assets▼ 5.1%
Net result
20192025
Go to Financials

Timeline

Events
18
Since
2016
Next accounts
by 30-11-2026
  1. 02-07-2026Resignation: Jozef Logghe (sole director)
  2. 28-11-2025Annual accounts filed
  3. 29-11-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of solid, liquid and gaseous fuels and…NACE 46810
Founded
20-03-1985
Year ends
30-04
Peppol
Reachable for e-invoices
Go to Company details

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