Logi-technic Building
ActiveSummary
The computed 12-month bankruptcy probability of Logi-technic Building is 1.9% (moderate). The 2024 annual accounts show equity of €732k and a net result of €152k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 81% of 1290 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+11
Solvency86▲+18
Growth52▲+17
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.56 against 1.78 in 2023; short-term debt: 38.8% and cash: 7.2% of total assets), and 38.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
61.1%
Return on assets
12.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
35 d early
2022
41 d early
2021
33 d early
2020
33 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€2.67M▼ 12.8%
2023 · €3.06M
EBIT margin
8.4%▲ 4.8pp
2023 · 3.7%
Net result
€152k▲ 63.1%
2023 · €93k
Working capital
€725k▲ 24.0%
2023 · €585k
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
Line20202021202220232024
Turnover€2.97M▼ 41.1%€2.86M▼ 3.7%€2.93M▲ 2.6%€3.06M▲ 4.3%€2.67M▼ 12.8%
Operating result€21k▼ 94.9%€308k▲ 1,375%€-27k€112k€225k▲ 101%
Net result€-5k€219k€-38k€93k€152k▲ 63.1%
EBIT margin0.7%▼ 7.5pp10.8%▲ 10.1pp-0.9%▼ 11.7pp3.7%▲ 4.6pp8.4%▲ 4.8pp
Equity€706k▼ 0.6%€525k▼ 25.6%€487k▼ 7.2%€580k▲ 19.1%€732k▲ 26.1%
Total assets€1.25M▼ 16.1%€1.31M▲ 4.6%€1.17M▼ 10.4%€1.34M▲ 14.1%€1.20M▼ 10.6%
Debt€547k▼ 30.1%€785k▲ 43.5%€688k▼ 12.5%€760k▲ 10.5%€467k▼ 38.6%
Working capital€695k▼ 0.6%€538k▼ 22.5%€516k▼ 4.2%€585k▲ 13.4%€725k▲ 24.0%
Staff (FTE)55.5▼ 21.7%45.2▼ 18.6%38.1▼ 15.7%39.2▲ 2.9%36.1▼ 7.9%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 101% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.20M
Fixed assets
€9k ▼ 12.1%
Current assets
€1.19M ▼ 10.6%
Equity and liabilities €1.20M
Equity
€732k ▲ 26.1%
Debt
€467k ▼ 38.6%
Debt's share of the balance-sheet total falls from 56.7% to 38.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€230k▲
2023 · €122k
Cash flow
€157k▲
2023 · €103k
Current ratio
2.56▲
2023 · 1.78
Debt to equity
0.64▼
2023 · 1.31
ROE
20.7%▲
2023 · 16.0%
ROA
12.7%▲
2023 · 6.9%
Interest coverage
52.11▲
2023 · 41.54
Debt ≤ 1 year
€465k▼
2023 · €746k
Income taxes
€60k▲
2023 · €38k
Staff costs
€1.88M▼
2023 · €2.12M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €2.92M | €3.00M | €3.13M | €2.75M | ▼ 12.0% |
| Turnover70 | €2.97M | €2.86M | €2.93M | €3.06M | €2.67M | ▼ 12.8% |
| Other operating income74 | - | €69k | €71k | €63k | €86k | ▲ 36.8% |
| Non-recurring operating income76A | - | - | - | €7k | - | - |
| Operating charges60/66A | - | €2.62M | €3.03M | €3.01M | €2.53M | ▼ 16.2% |
| Goods for resale, raw materials and consumables60 | - | €137k | €93k | €148k | €188k | ▲ 26.8% |
| Purchases600/8 | - | €137k | €93k | €148k | €188k | ▲ 26.8% |
| Services and other goods61 | - | €468k | €523k | €718k | €436k | ▼ 39.3% |
| Remuneration, social security and pensions62 | - | €2.00M | €1.97M | €2.12M | €1.88M | ▼ 11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €13k | €14k | €10k | €5k | ▼ 48.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-26k | €2k | €-1 | €-14k | ▼ 2,868,274% |
| Other operating charges640/8 | - | €21k | €422k | €16k | €28k | ▲ 74.6% |
| Operating profit (loss)9901 | €21k | €308k | €-27k | €112k | €225k | ▲ 101% |
| Financial income75/76B | - | €1k | €1k | €38k | €2k | ▼ 93.9% |
| Recurring financial income75 | €596 | €1k | €1k | €38k | €2k | ▼ 93.9% |
| Income from current assets751 | - | - | - | €36k | - | - |
| Other financial income752/9 | - | €1k | €1k | €1k | €2k | ▲ 66.7% |
| Financial charges65/66B | - | €7k | €9k | €19k | €15k | ▼ 19.2% |
| Recurring financial charges65 | €15k | €7k | €9k | €19k | €15k | ▼ 19.2% |
| Debt charges650 | €1k | - | €2k | €3k | €4k | ▲ 50.3% |
| Other financial charges652/9 | - | €7k | €8k | €16k | €11k | ▼ 32.0% |
| Profit (loss) for the period before taxes9903 | €7k | €302k | €-35k | €131k | €212k | ▲ 62.0% |
| Income taxes67/77 | €11k | €82k | €3k | €38k | €60k | ▲ 59.4% |
| Taxes670/3 | - | €93k | €3k | €38k | €60k | ▲ 60.2% |
| Tax adjustments and reversals of tax provisions77 | - | €10k | - | - | €276 | - |
| Profit (loss) for the period9904 | €-5k | €219k | €-38k | €93k | €152k | ▲ 63.1% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €219k | €-38k | €93k | €152k | ▲ 63.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.25M | €1.31M | €1.17M | €1.34M | €1.20M | ▼ 10.6% |
| Fixed assets21/28 | €36k | €31k | €18k | €10k | €9k | ▼ 12.1% |
| Intangible fixed assets21 | €1k | €649 | - | - | - | - |
| Tangible fixed assets22/27 | €35k | €30k | €18k | €10k | €9k | ▼ 12.1% |
| Plant, machinery and equipment23 | - | €26k | €16k | €8k | €7k | ▼ 18.6% |
| Furniture and vehicles24 | - | €4k | €2k | €2k | €2k | ▲ 21.3% |
| Financial fixed assets28 | €174 | - | - | - | - | - |
| Current assets29/58 | €1.22M | €1.28M | €1.16M | €1.33M | €1.19M | ▼ 10.6% |
| Amounts receivable within one year40/41 | €1.22M | €1.27M | €1.16M | €1.31M | €1.10M | ▼ 15.8% |
| Trade receivables40 | - | €258k | €209k | €285k | €109k | ▼ 61.7% |
| Other amounts receivable41 | - | €1.01M | €947k | €1.02M | €994k | ▼ 3.0% |
| Cash at bank and in hand54/58 | - | - | - | - | €87k | - |
| Deferred charges and accrued income490/1 | - | €10k | - | €20k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.25M | €1.31M | €1.17M | €1.34M | €1.20M | ▼ 10.6% |
| Equity10/15 | €706k | €525k | €487k | €580k | €732k | ▲ 26.1% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €638k | €457k | €419k | €512k | €664k | ▲ 29.6% |
| Amounts payable17/49 | €547k | €785k | €688k | €760k | €467k | ▼ 38.6% |
| Amounts payable within one year42/48 | €522k | €741k | €641k | €746k | €465k | ▼ 37.7% |
| Trade debts44 | €260k | €132k | €451k | €535k | €275k | ▼ 48.6% |
| Suppliers440/4 | - | €132k | €451k | €535k | €275k | ▼ 48.6% |
| Taxes, remuneration and social security45 | - | €210k | €190k | €211k | €190k | ▼ 9.9% |
| Taxes450/3 | - | €88k | €26k | €45k | €99k | ▲ 118% |
| Remuneration and social security454/9 | - | €121k | €164k | €166k | €91k | ▼ 44.9% |
| Other amounts payable47/48 | - | €400k | - | €96 | - | - |
| Accrued charges and deferred income492/3 | - | €44k | €47k | €14k | €2k | ▼ 86.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €219k | €-38k | €93k | €152k | ▲ 63.1% |
| + Depreciation and write-downs630 | €13k | €13k | €14k | €10k | €5k | ▼ 48.1% |
| Operating cash flow (approximation) | €9k | €232k | €-24k | €103k | €157k | ▲ 52.3% |
| Investment in fixed assets (approximation) | - | €-8k | €-1k | €-2k | €-4k | ▼ 151% |
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
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €93k
Net result €93k after one loss-making year.
31-12
Financial
Equity above €500kEq €580k ▲19.1%
Equity rises from €487k to €580k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €219k
Net result €219k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €277k ▲97.6%
Operating result €413k, net result €277k, both a record.
31-12
Financial
Equity above €500kEq €710k ▲64%
2 profitable years in a row build equity to €710k.
Show earlier events
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 21 acts read
About the unread acts
We know of 21 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
21 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, Jabbeke · 8 establishment units since 2010
Ground area
4.1 ha
Building footprint
8,244 m²
Volume, LiDAR
58,955 m³
8 parcels, Flanders, Wallonia · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
8 establishment units
Logi- technic Building Jabbeke
since 20102.192.952.640
Logi-technic Building Zwijndrecht
since 20152.241.644.759
Logi-technic Building NV Vilvoorde
since 20162.252.090.471
LOGI TECHNIC BUILDING - WEVELGEM
since 20172.268.591.953
LT Building Heusden-Zolder
since 20182.274.705.329
LT Building Nivelles P260
since 20182.274.893.587
Show 2 more locations
Logi-Technic Building Luik
since 20192.293.002.893
Logi- technic Building NV Gent
since 20222.328.682.463
8 parcels
Flanders
6
(75%)
Wallonia
2
(25%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25783E0247/00K000 | Wallonia | 1.0 ha | 1 · 494 m² | - |
| 11056B0590/00F002 | Flanders | 9,368 m² | 1 · 766 m² | 7.8 m · 2 fl. |
| 34302B0875/00Z012 | Flanders | 8,235 m² | 1 · 3,094 m² | 8.9 m · 3 fl. |
| 44062A0307/00T000 | Flanders | 5,630 m² | 1 · 2,545 m² | 13.4 m · 3 fl. |
| 31012B0689/00L000 | Flanders | 5,062 m² | 1 · 1,085 m² | 7.1 m · 2 fl. |
| 71065F0607/00V000 | Flanders | 1,151 m² | 1 · 117 m² | 8.7 m · 1 fl. |
| 62054A0077/00Y000 | Wallonia | 875 m² | 1 · 70 m² | 9.8 m · 3 fl. |
| 23643G0519/00N003 | Flanders | 211 m² | 1 · 74 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
8 of 8 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,992 EUR awarded · 1,992 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,193 EUR | 1,193 EUR |
| 2022 | 1 | 799 EUR | 799 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 7,713 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.