Turnover
≈ €17,000 estimated
The micro format states no turnover.
LOGIC-E-DEV
Overview
Lifetime
1 annual account with figurespeak €3,139 (2025)
€3,139
peak €2,269 (2025)
€2,269
peak €3,669 (2025)
€3,669
€44,798
Board1 name since 2024
1 directorBROUSMICHE Kylian
Documentsfilings and deeds
20-10-202511 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€44,798 92% of the balance sheet
Suppliers 30%Taxes and wages 2%Other 68%
Position in the sector
€3,669
Less equity than 88% of companies in computer programming and consultancy. Sector median €69,090 · 21,199 companies.
Checked score
68
Healthy
Financially stronger than 17% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,925 companies (NACE 62, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 0.4%
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.3%▼ -0.1 percentage points vs 10-2025lowest value
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
11-2026: 0.6%▲ +0.1 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Figures for financial year 2025 (filed on 22-10-2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €48,467
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 15% of them on solvency, 4% on liquidity and 33% on profitability.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,135 companies had the same profile as LOGIC-E-DEV has now. Each dot stands for 6 companies, two years later.
92.1%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LOGIC-E-DEV itself is lower: 0.6% within 12 months. It rests on far more data about LOGIC-E-DEV than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 2,135 companies, not a prediction for LOGIC-E-DEV. 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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 21193 sector peers (2025).
NBB · sector comparisonPosition among 21193 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-10-2025, 11 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
11 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007503168
First establishment
Sentier de Souvret 17, Courcelles
Incorporation
Founding capital of €3,600, 120 shares · Founder: BROUSMICHE Kylian · Appointment: BROUSMICHE Kylian (director) · published on 27-03-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LOGIC-E-DEV Courcelles | €48,467 | €3,139 | 7.6% | - |
| STUDEUR Ottignies-Louvain-la-Neuve | €39,174 | €3,919 | -8.3% | - |
| Aerolytics Geel | €59,004 | €2,444 | 89.8% | - |
| SAFFRON STREAMS INTERACTIVE Denderleeuw | €35,565 | €2,588 | 62.4% | - |
| TreeBridgeMosaic Brussels | €59,726 | €4,198 | 58.5% | - |
| DENARIOS Wavre | €37,809 | €4,288 | 21.4% | - |
| Globsus Antwerp | €75,172 | €2,879 | 45.9% | - |
These companies have the same main activity as LOGIC-E-DEV: computer programming (NACE 62100). They are comparable in size and age: total assets between €35,600 and €75,200, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 25-03-2024Normal situation
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.357.647.6536180 Courcelles, since 01-04-2024
- Financial year end
- 31 March
- Peppol
- Reachable since 08-12-2025
Annual accounts to 31-03-2025
- €3,139
- €2,269
- €3,669
- €48,467
- Filing
- Filed on 20-10-2025, 11 days before the end of the filing period
Insights on LOGIC-E-DEV
LOGIC-E-DEV has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,669 and a net result of €2,269.
Its solvency ranks better than 13% of 21,193 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 20-10-2025, 11 days before the deadline€3,139
€2,851
€2,269
-€5,982
7.6%
0.87
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €17,000. Estimated: probably between €9,000 and €33,000.
Balance sheet
balance sheet total €48,467 on 31-03-2025What the company ownsHow it is paid for
Position in the sector
7.6%
Higher than 13% of 21,193 companies in 2025.
0.87
Higher than 13% of 20,556 companies in 2025.
4.7%
Higher than 25% of 20,731 companies in 2025.
LOGIC-E-DEV
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
48,467 | |
21/28 |
9,651 | |
22/27 |
9,596 | |
24 |
9,596 | |
28 |
55 | |
29/58 |
38,816 | |
40/41 |
34,958 | |
40 |
34,958 | |
54/58 |
3,596 | |
490/1 |
262 | |
| Balance sheet: equity and liabilities | ||
10/49 |
48,467 | |
10/15 |
3,669 | |
10/11 |
3,600 | |
14 |
69 | |
17/49 |
44,798 | |
42/48 |
44,798 | |
44 |
13,482 | |
440/4 |
13,482 | |
45 |
943 | |
450/3 |
943 | |
47/48 |
30,373 | |
| Income statement | ||
9900 |
3,139 | |
630 |
225 | |
640/8 |
63 | |
9901 |
2,851 | |
65/66B |
82 | |
65 |
82 | |
9903 |
2,769 | |
67/77 |
500 | |
9904 |
2,269 | |
9905 |
2,269 | |
| Appropriation of the result | ||
9906 |
2,269 | |
694/7 |
2,200 | |
695 |
2,200 | |
| Document | ||
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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 20-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | micro format | 20-10-2025 | 2025-00546708 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 3,076 | ||
| 2,494 | ||
| 9,876 | ||
| -5,982 | ||
| 7.6% | ||
| 0.87 | ||
| 12.21 | ||
| 61.8% | ||
| 4.7% | ||
| 37.51 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 31-03-2025 |
|---|---|
| Tangible fixed assets | €9,821 |
| Financial fixed assets | €55 |
| €225 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on LOGIC-E-DEV
Debt's share of the balance-sheet total is 92.4%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 25-03-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 20-10-2025
Mandates through the years
1 name, the dashed line is todayBROUSMICHE Kylian
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BROUSMICHE Kylian
- Director (not named in the articles), from 25-03-2024 to date
Control
Capital
- Contribution
- €3,600
- Shares
- 120
- Contribution per share
- €30
- Equity per share
- €30.58 in 2025
- Source
- deed of 27-03-2024
Articles of association
deed of 27-03-2024 (in French)- Daily managementDay-to-day management handles the everyday running of the business without the full board.
- “Article 13. Gestion journalière L’organe d’administration peut déléguer la gestion journalière, ainsi que la représentation de la société en…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Article 15. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le dernier vendredi du mois de…”
Shareholders
At incorporation
deed of 27-03-2024 ↗
- BROUSMICHE Kylian 120 shares (100%) · €3,600
Network & group
No group
LOGIC-E-DEV has no parent and no holdings in its annual accounts. BROUSMICHE Kylian is the only director. LOGIC-E-DEV shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007503168
Annual accounts 2025 filed PDFmicro format · 11 days before the deadline
2024
First establishment Sentier de Souvret 17, Courcelles
IncorporationFounding capital of €3,600, 120 shares · Founder: BROUSMICHE Kylian · Appointment: BROUSMICHE Kylian (director) · published on 27-03-20244 points ▸
- Founder, BROUSMICHE Kylian
- Founding capital, €3,600, 120 shares
- Registered office clause, sentier de Souvret 17, 6180 Courcelles
- Director appointment, BROUSMICHE Kylian (director (not named in the articles))
- The deed holds 2 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1007.503.168
- VAT number
- BE 1007.503.168
- Peppol ID
- 0208:1007503168
- Other Peppol ID
- 9925:BE1007503168
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-03-2024
- Financial year
- ends on 31 March
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Article 15. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le dernier vendredi du mois de…”deed of 27-03-2024 (in French)
- Peppol
- Reachable since 08-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- LOGIC-E-DEV in French
- Entity type
- Legal entity
Activities
NACEBEL 202562100
Computer programming main activity
63910
Web portal activities
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
62020
IT consultancy
62030
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
63110
Computing infrastructure, data processing, hosting and other information service activities
63120
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Touteactivitéliéeàl'informatique(développeurdelogiciel,programmation,conseils,recherche,développement,réparation,...)…”deed of 27-03-2024 (in French)
7 activities
- Touteactivitéliéeàl'informatique(développeurdelogiciel,programmation,conseils,recherche,développement,réparation,...)
- Formation,enseignement,conférence
- Activitéimmobilièrepourcomptepropre
- Activitéd'hébergement,degîte,dechambred'hôtes
- Activitéadministrativedetouttype
- Activitédevente,d'import/export,devéhiculesd'occasion
- Activitéd'import/exportdegrosnonspécialisé
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Sentier de Souvret 17 registered office 6180 Courcelles | 01-04-2024 | 2.357.647.653 |
Buildings and parcels at the address
- Ground area
- 2,933 m²
- Buildings
- 179 m²
- Volume, LiDAR
- 1,113 m³
- Tallest building
- 8.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 52015B1760/00A000 | 2,933 m² | 1 · 179 m² | 8.8 m · 2 |