LOGGRATECH
Open bankruptcyA bankruptcy procedure is open for LOGGRATECH according to publications in the Belgian State Gazette; curator: KAROLIEN VAN DEN BERGHEN. The 2021 annual accounts show negative equity (€-11k) and a net result of €12k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-09-2022, 57 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
57 d late
2020
40 d late
2019
104 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-11k▲ 52.5%
2020 · €-23k
2018: €19k
2019: €-31k
2020: €-23k
2018 → 2021
Total assets
€97k▼ 8.0%
2020 · €106k
2018: €142k
2019: €120k
2020: €106k
2018 → 2021
Net result
€12k▲ 40.7%
2020 · €8k
2018: €-20k
2019: €-50k
2020: €8k
2018 → 2021
Working capital
€12k▼ 7.0%
2020 · €13k
2018: €10k
2019: €7k
2020: €13k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€19k-€-31k€-23k▲ 27.2%€-11k▲ 52.5%
Operating result€-18k-€-44k▼ 146%€15k€16k▲ 7.6%
Net result€-20k-€-50k▼ 145%€8k€12k▲ 40.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed two years in a row; 2021 is 8% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €97k
Fixed assets
€7k▼ 11.2%
Current assets
€91k▼ 7.8%
Key figures and ratios
EBITDA
€20k▲
2020 · €20k
Cash flow
€16k▲
2020 · €13k
Solvency
-11.0%▲
2020 · -21.3%
Current ratio
1.15▲
2020 · 1.15
Quick ratio
1.01▲
2020 · 0.97
Debt / equity
-10.09▼
2020 · -1.90
ROA
12.1%▲
2020 · 7.9%
Interest coverage
2.38
Debt
€108k▼
2020 · €128k
Debt ≤ 1 year
€79k▼
2020 · €86k
Debt > 1 year
€29k▼
2020 · €43k
Income taxes
€408▲
2020 · €324
Staff costs
€26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€106k€97k▼
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€4k▼
Furniture and vehicles24-€0
Leasing and similar rights25-€4k
Financial fixed assets28-€3k
Current assets29/58€98k€91k▼
Amounts receivable after more than one year29-€40k
Other amounts receivable291-€40k
Stocks and contracts in progress3€16k€11k▼
Stocks30/36-€11k
Amounts receivable within one year40/41€36k€37k▲
Trade receivables40-€12k
Other amounts receivable41-€25k
Cash at bank and in hand54/58€6k€1k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€106k€97k▼
Equity10/15€-23k€-11k▲
Contributions10/11-€10k
Reserves13€25k€25k=
Non-distributable reserves130/1-€1k
Reserves not available under the articles1311-€1k
Distributable reserves133-€24k
Profit (loss) carried forward14€-58k€-46k▲
Amounts payable17/49€128k€108k▼
Amounts payable after more than one year17€43k€29k▼
Financial debts170/4-€29k
Amounts payable within one year42/48€86k€79k▼
Current portion of amounts payable after more than one year42-€14k
Financial debts43-€50k
Credit institutions430/8-€50k
Trade debts44€32k€14k▼
Suppliers440/4-€14k
Taxes, remuneration and social security45-€732
Taxes450/3-€732
Remuneration and social security454/9-€0
Other amounts payable47/48-€0
Income statement
Code20202021
Non-recurring operating income76A-€0
Remuneration, social security and pensions62-€26k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8-€1k
Gross operating margin9900€107k€47k▼
Operating profit (loss)9901€15k€16k▲
Financial income75/76B-€4k
Recurring financial income75€2k€4k▲
Financial charges65/66B-€9k
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€9k€12k▲
Income taxes67/77€324€408▲
Profit (loss) for the period9904€8k€12k▲
Profit (loss) for the period to be appropriated9905€8k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-46k
Profit (loss) brought forward from the previous period14P-€-58k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
08-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · LOGGRATECH BVBA BAECKELMANSSTRAAT 131C/16, 2830 WILLEBROEK · event 02-08-2023
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
31-12
Financial
Highest result since 2018net €12k ▲40.7%
Operating result €16k, net result €12k, both a record.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial
Weakest financial yearnet €-50k
Net result drops to €-50k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
13-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 13 days late
SignalFinancial 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, Willebroek · 1 establishment unit since 2014
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.
Baeckelmansstraat 131 C2830 WillebroekGround area
8,159 m²
Building footprint
4,102 m²
Volume, LiDAR
28,311 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LOGGRATECH
since 20142.226.367.655
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402A0095/02B000 | Flanders | 7,030 m² | 1 · 3,911 m² | 8.2 m · 2 fl. |
| 12036A0467/00M000 | Flanders | 1,130 m² | 1 · 191 m² | 8.1 m · 2 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KAROLIEN VAN DEN BERGHEN FREDERIK DE MERO-
DESTRAAT 94-96, 2800 MECHELEN |
02-08-2023 → present |
Similar companies · same sector, comparable size
DS-P
BE 0663.899.078
Wetteren · Eq €19k
THOBO ELECTRICS
BE 0791.789.224
Lille · Eq €19k
Electro Noppe
BE 1009.451.284
Tielt · Eq €19k
OmniPro
BE 0754.879.536
Westerlo · Eq €19k
WILELEC
BE 0597.642.833
Jemeppe-sur-Sambre · Eq €19k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 7,070 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-01-2014
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
33140Repair and maintenance of electrical equipment
43212Electrical installation work in industrial facilities
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.