LOGGHE
ActiveSummary
LOGGHE has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-3k) and a net result of €-48k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-60
Solvency25▼-6
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
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.
Credit advice for your own amount and term
Signals
Five 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 · 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 2025Solvency, return and age of the figures
Solvency
-0.4%
Return on assets
-6.4%
Age of the figures
17 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-3k
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 filingsDeviation 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 →
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.
Companies Code · seven monthsPosition in the running window
30-04-2026 close24-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-3k
2024 · €44k
2019: €176k
2020: €176k
2021: €41k
2022: €47k
2023: €28k
2024: €44k
2019 → 2025
Total assets
€748k▼ 5.1%
2024 · €788k
2019: €924k
2020: €504k
2021: €145k
2022: €871k
2023: €819k
2024: €788k
2019 → 2025
Net result
€-48k
2024 · €16k
2019: €-19k
2020: €171
2021: €-135k
2022: €6k
2023: €-18k
2024: €16k
2019 → 2025
Working capital
€46k▼ 41.6%
2024 · €80k
2019: €220k
2020: €189k
2021: €124k
2022: €32k
2023: €100k
2024: €80k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€47k▲ 13.4%€28k▼ 39.3%€44k▲ 56.5%€-3k
Operating result€-136k-€7k€-16k€18k€-43k
Net result€-135k-€6k€-18k€16k€-48k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €43k after €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €748k
Fixed assets
€697k ▼ 1.5%
Current assets
€51k ▼ 37.1%
Key figures and ratios
EBITDA
€-33k▼
2024 · €30k
Cash flow
€-37k▼
2024 · €27k
Solvency
-0.4%▼
2024 · 5.6%
Current ratio
12.20▼
2024 · 95.59
Debt to equity
-46.82▼
2024 · 3.24
ROA
-6.4%▼
2024 · 2.0%
Interest coverage
-6.99▼
2024 · 12.21
Debt
€151k▲
2024 · €143k
Debt ≤ 1 year
€4k▲
2024 · €842
Debt > 1 year
€147k▲
2024 · €143k
Staff costs
€499▼
2024 · €888
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€788k€748k▼
Fixed assets21/28€707k€697k▼
Tangible fixed assets22/27€707k€697k▼
Land and buildings22€690k€690k=
Plant, machinery and equipment23€17k€7k▼
Furniture and vehicles24€0-
Current assets29/58€81k€51k▼
Amounts receivable within one year40/41€20k€12k▼
Trade receivables40€0€7k▲
Other amounts receivable41€20k€5k▼
Current investments50/53€37k€37k=
Cash at bank and in hand54/58€22k€412▼
Deferred charges and accrued income490/1€806€817▲
Equity and liabilities
Total equity and liabilities10/49€788k€748k▼
Equity10/15€44k€-3k▼
Contributions10/11€25k€25k=
Reserves13€20k€12k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€12k€12k=
Distributable reserves133€8k€0▼
Profit (loss) carried forward14€0€-40k▼
Provisions and deferred taxes16€600k€600k=
Provisions for liabilities and charges160/5€600k€600k=
Other liabilities and charges164/5€600k€600k=
Amounts payable17/49€143k€151k▲
Amounts payable after more than one year17€143k€147k▲
Other amounts payable178/9€143k€147k▲
Amounts payable within one year42/48€842€4k▲
Trade debts44€842€4k▲
Suppliers440/4€842€4k▲
Taxes, remuneration and social security45-€8
Taxes450/3-€8
Income statement
Code20242025
Remuneration, social security and pensions62€888€499▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€4k€20k▲
Gross operating margin9900€35k€-12k▼
Operating profit (loss)9901€18k€-43k▼
Financial income75/76B€127€27▼
Recurring financial income75€127€27▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€16k€-48k▼
Profit (loss) for the period9904€16k€-48k▼
Profit (loss) for the period to be appropriated9905€16k€-48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-48k▼
Profit (loss) brought forward from the previous period14P€-11k€0▲
Transfer from equity791/2-€8k
Transfer to equity691/2€5k€0▼
To the legal reserve6920€5k€0▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-04
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-04
Financial
Liquidity times 6current ratio 95.59
Current ratio from 15.37 to 95.59; short-term debt falls from €7k to €842.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-04
Financial
Liquidity times 12current ratio 15.37
Current ratio from 1.23 to 15.37; short-term debt falls from €138k to €7k.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-04
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-04
Financial
Weakest financial yearnet €-135k ▼78840%
Net result drops to €-135k, the lowest in the series; recovery starts the following year.
30-04
Financial
Liquidity times 5current ratio 8.21
Current ratio from 1.61 to 8.21; short-term debt falls from €309k to €17k.
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
30-04
Financial
Back to profitnet €171
Net result €171 after one loss-making year.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Oostende · 1 establishment unit since 1985
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Akkerstraat 28400 OostendeGround area
1,305 m²
Building footprint
422 m²
Volume, LiDAR
1,209 m³
2 parcels, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oudenburgsesteenweg 87, 8400 Oostende
since 19852.026.720.473
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0093/00F000 | Flanders | 1,011 m² | 1 · 235 m² | 7.8 m · 2 fl. |
| 35382G0175/00F000 | Flanders | 293 m² | 1 · 186 m² | - |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
Aselte
BE 0743.961.294
Lochristi · Eq €43,765
LUBRIKO
BE 0831.044.629
Koksijde · Eq €45,007
MELI DELICE
BE 0503.927.074
Brussel · Eq €45,498
LIBERTY MOTOR OIL
BE 0424.587.410
Boechout · Eq €46,787
HAH & CO
BE 0700.495.891
Leuven · Eq €47,655
Of 840 companies in sector 46810 we hold annual accounts for 473. 188 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-1985
Fiscal year end30-04
Activities, NACEBEL 2025
46810Wholesale of solid, liquid and gaseous fuels and related products
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.