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LOGI CONCEPT

Active
Private limited companyfounded 2024active for 1 yearVrijheidslaan 175, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 1016.007.197

Financials · financial year 2025, micro format

2025 annual accounts filed 83 days after the deadline Filed on 22 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00568142.

Annual accounts 2025 filed on 22-10-2026 at the NBB

Turnover
≈ €140,000
Estimated: probably between €100,000 and €180,000
Total assets
€16,870
Net result
-€25,161
Working capital
-€25,532

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €16,870
Fixed assets €3,371
Current assets €13,499
Equity and liabilities
Equity-€22,161
Debt€39,031
Equity is negative. Debt (€39,031) exceeds the balance-sheet total (€16,870).
Key figures and ratios
2025 value
EBITDA
-€24,247
Cash flow
-€24,382
Solvency
-131.4%
Current ratio
0.35
Quick ratio
0.29
ROA
-149.1%
Interest coverage
-179.37
Debt
€39,031
Debt ≤ 1 year
€39,031
Staff costs
€47,394
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€2,950
Financial fixed assets€1,200
Depreciation and write-downs of the year€779

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€16,870
Fixed assets21/28€3,371
Tangible fixed assets22/27€2,171
Furniture and vehicles24€2,171
Financial fixed assets28€1,200
Current assets29/58€13,499
Stocks and contracts in progress3€2,363
Stocks30/36€2,363
Amounts receivable within one year40/41€7,585
Trade receivables40€550
Other amounts receivable41€7,036
Cash at bank and in hand54/58€3,551
Equity and liabilities
Total equity and liabilities10/49€16,870
Equity10/15-€22,161
Contributions10/11€3,000
Profit (loss) carried forward14-€25,161
Amounts payable17/49€39,031
Amounts payable within one year42/48€39,031
Trade debts44€22,445
Suppliers440/4€22,445
Taxes, remuneration and social security45€48
Taxes450/3€48
Other amounts payable47/48€16,538
Income statement Code2025
Remuneration, social security and pensions62€47,394
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€779
Other operating charges640/8€1,884
Gross operating margin9900€25,031
Operating profit (loss)9901-€25,026
Financial charges65/66B€135
Recurring financial charges65€135
Profit (loss) for the period before taxes9903-€25,161
Profit (loss) for the period9904-€25,161
Profit (loss) for the period to be appropriated9905-€25,161
Appropriation of the result
Profit (loss) to be appropriated9906-€25,161

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 22-10-2026.

Line2025
Remuneration, social security and pensions62€47,394
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€779
Other operating charges640/8€1,884
Gross operating margin9900€25,031
Operating profit (loss)9901-€25,026
Financial charges65/66B€135
Recurring financial charges65€135
Profit (loss) for the period before taxes9903-€25,161
Profit (loss) for the period9904-€25,161
Profit (loss) for the period to be appropriated9905-€25,161
Line2025
Assets
Total assets20/58€16,870
Fixed assets21/28€3,371
Tangible fixed assets22/27€2,171
Furniture and vehicles24€2,171
Financial fixed assets28€1,200
Current assets29/58€13,499
Stocks and contracts in progress3€2,363
Stocks30/36€2,363
Amounts receivable within one year40/41€7,585
Trade receivables40€550
Other amounts receivable41€7,036
Cash at bank and in hand54/58€3,551
Equity and liabilities
Total equity and liabilities10/49€16,870
Equity10/15-€22,161
Contributions10/11€3,000
Profit (loss) carried forward14-€25,161
Amounts payable17/49€39,031
Amounts payable within one year42/48€39,031
Trade debts44€22,445
Suppliers440/4€22,445
Taxes, remuneration and social security45€48
Taxes450/3€48
Other amounts payable47/48€16,538
Line2025
Profit (loss) for the period9904-€25,161
+ Depreciation and write-downs630€779
Operating cash flow (approximation)-€24,382

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 1,322 companies had the same profile as LOGI CONCEPT has now. Two years later, 90.2% were still going and 4.2% had gone bankrupt.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
90.2% was still going
5.5% stopped otherwise
4.2% went bankrupt

The bankruptcy probability of LOGI CONCEPT itself is higher: 6.0% within 12 months. It rests on far more data about LOGI CONCEPT than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,322 companies, not a prediction for LOGI CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 22-10-2026 2026-00568142 PDF

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