Logic IT
ActiveSummary
Logic IT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,447 and a net result of -€3,092. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability31▲+31
Solvency91▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.7 against 2.07 in 2024; short-term debt: 30.8% and cash: 46.3% of total assets), and 34.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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
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
65.8%
Return on assets
-5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,092
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 10 filingsDeviation from the deadline
2025
17 d late
2024
28 d late
2023
26 d late
2022
25 d early
2021
44 d early
2020
40 d early
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Equity
€40,447▼ 7.1%
2024 · €43,539
Total assets
€61,462▼ 16.4%
2024 · €73,549
Net result
-€3,092▲ 77.1%
2024 · -€13,526
Working capital
€32,180▲ 8.1%
2024 · €29,773
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,865€7,757▲ 171%€24,915▲ 221%-€11,702€1,819
Net result€1,701below the sector's middle half€5,492within the sector's middle half▲ 223%€18,365within the sector's middle half▲ 234%-€13,526below the sector's middle half-€3,092below the sector's middle half▲ 77.1%
Equity€33,208within the sector's middle half▲ 5.4%€38,700within the sector's middle half▲ 16.5%€57,064within the sector's middle half▲ 47.5%€43,539within the sector's middle half▼ 23.7%€40,447within the sector's middle half▼ 7.1%
Total assets€50,638below the sector's middle half▼ 5.3%€68,508below the sector's middle half▲ 35.3%€91,401within the sector's middle half▲ 33.4%€73,549within the sector's middle half▼ 19.5%€61,462below the sector's middle half▼ 16.4%
Debt€17,430▼ 20.7%€29,808▲ 71.0%€34,337▲ 15.2%€30,010▼ 12.6%€21,015▼ 30.0%
Working capital€34,023▲ 27.2%€31,136▼ 8.5%€47,583▲ 52.8%€29,773▼ 37.4%€32,180▲ 8.1%
Solvency65.6%within the sector's middle half▲ 6.7pp56.5%within the sector's middle half▼ 9.1pp62.4%within the sector's middle half▲ 5.9pp59.2%within the sector's middle half▼ 3.2pp65.8%within the sector's middle half▲ 6.6pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1,819 after a loss of €11,702 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61,462
Fixed assets
€10,367 ▼ 34.7%
Current assets
€51,095 ▼ 11.4%
Equity and liabilities €61,462
Equity
€40,447 ▼ 7.1%
Debt
€21,015 ▼ 30.0%
Debt's share of the balance-sheet total falls from 40.8% to 34.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10,391▲
2024 · -€4,316
Cash flow
€5,480▲
2024 · -€6,140
Current ratio
2.70▲
2024 · 2.07
Debt to equity
0.52▼
2024 · 0.69
ROE
-7.6%▲
2024 · -31.1%
ROA
-5.0%▲
2024 · -18.4%
Interest coverage
2.24▲
2024 · -2.65
Debt ≤ 1 year
€18,915▼
2024 · €27,910
Income taxes
€302▲
2024 · €194
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,916 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,916 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,399 | €3,275 | €7,508 | €7,385 | €8,572 | ▲ 16.1% |
| Other operating charges640/8 | - | - | - | - | €606 | - |
| Gross operating margin9900 | €6,264 | €11,032 | €32,423 | -€4,316 | €10,997 | ▲ 355% |
| Operating profit (loss)9901 | €2,865 | €7,757 | €24,915 | -€11,702 | €1,819 | ▲ 116% |
| Financial income75/76B | - | €1 | - | - | €25 | - |
| Recurring financial income75 | - | €1 | - | - | €25 | - |
| Financial charges65/66B | €161 | €176 | €203 | €1,630 | €4,635 | ▲ 184% |
| Recurring financial charges65 | €161 | €176 | €203 | €1,630 | €4,635 | ▲ 184% |
| Profit (loss) for the period before taxes9903 | €2,703 | €7,581 | €24,712 | -€13,331 | -€2,790 | ▲ 79.1% |
| Income taxes67/77 | €1,003 | €2,089 | €6,348 | €194 | €302 | ▲ 55.3% |
| Profit (loss) for the period9904 | €1,701 | €5,492 | €18,365 | -€13,526 | -€3,092 | ▲ 77.1% |
| Profit (loss) for the period to be appropriated9905 | €1,701 | €5,492 | €18,365 | -€13,526 | -€3,092 | ▲ 77.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50,638 | €68,508 | €91,401 | €73,549 | €61,462 | ▼ 16.4% |
| Fixed assets21/28 | €5,485 | €11,764 | €14,581 | €15,865 | €10,367 | ▼ 34.7% |
| Intangible fixed assets21 | €5,300 | €2,650 | €4,142 | €3,142 | €2,142 | ▼ 31.8% |
| Tangible fixed assets22/27 | - | €8,929 | €10,254 | €12,539 | €8,040 | ▼ 35.9% |
| Plant, machinery and equipment23 | - | €2,255 | €1,744 | €1,233 | €3,382 | ▲ 174% |
| Furniture and vehicles24 | - | €6,674 | €8,511 | €11,306 | €4,658 | ▼ 58.8% |
| Financial fixed assets28 | €185 | €185 | €185 | €185 | €185 | = |
| Current assets29/58 | €45,153 | €56,744 | €76,820 | €57,684 | €51,095 | ▼ 11.4% |
| Amounts receivable within one year40/41 | €25,979 | €19,238 | €32,244 | €29,621 | €21,888 | ▼ 26.1% |
| Trade receivables40 | €25,979 | €19,234 | €32,234 | €29,621 | €20,190 | ▼ 31.8% |
| Other amounts receivable41 | - | €4 | €9 | - | €1,698 | - |
| Cash at bank and in hand54/58 | €18,212 | €37,506 | €44,377 | €28,063 | €28,466 | ▲ 1.4% |
| Deferred charges and accrued income490/1 | €962 | - | €200 | - | €741 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50,638 | €68,508 | €91,401 | €73,549 | €61,462 | ▼ 16.4% |
| Equity10/15 | €33,208 | €38,700 | €57,064 | €43,539 | €40,447 | ▼ 7.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | €6,200 | - | - | - | - | - |
| Share premium1100/10 | €6,200 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €25,148 | €30,640 | €49,004 | €35,479 | €32,387 | ▼ 8.7% |
| Amounts payable17/49 | €17,430 | €29,808 | €34,337 | €30,010 | €21,015 | ▼ 30.0% |
| Amounts payable within one year42/48 | €11,130 | €25,608 | €29,237 | €27,910 | €18,915 | ▼ 32.2% |
| Trade debts44 | €2,261 | €13,877 | €6,669 | €6,844 | €3,630 | ▼ 47.0% |
| Suppliers440/4 | €2,261 | €13,877 | €6,669 | €6,844 | €3,630 | ▼ 47.0% |
| Taxes, remuneration and social security45 | €7,233 | €5,309 | €16,015 | €13,737 | €6,678 | ▼ 51.4% |
| Taxes450/3 | €7,233 | €5,309 | €16,015 | €13,737 | €6,678 | ▼ 51.4% |
| Other amounts payable47/48 | €1,635 | €6,423 | €6,553 | €7,330 | €8,607 | ▲ 17.4% |
| Accrued charges and deferred income492/3 | €6,300 | €4,200 | €5,100 | €2,100 | €2,100 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,701 | €5,492 | €18,365 | -€13,526 | -€3,092 | ▲ 77.1% |
| + Depreciation and write-downs630 | €3,399 | €3,275 | €7,508 | €7,385 | €8,572 | ▲ 16.1% |
| Operating cash flow (approximation) | €5,100 | €8,767 | €25,873 | -€6,140 | €5,480 | ▲ 189% |
| Investment in fixed assets (approximation) | - | -€9,553 | -€10,326 | -€8,670 | -€3,073 | ▲ 64.6% |
| Change in cash | - | €19,294 | €6,871 | -€16,314 | €403 | ▲ 102% |
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
Next filing, fiscal year 2026, expected by
2026
09-09
State Gazette act
General meeting · Registered-office move2 facts ▸
State Gazette act
General meeting · Registered-office move
2 facts ▸
- General meeting, 16-04-2026
- Registered-office move, Isidoor Meyskensstraat 224 b9, 1780 Wemmel
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet -€13,526
Net result drops to -€13,526, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €18,365 ▲234%
Operating result €24,915, net result €18,365, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1,701
Net result €1,701 after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €4,824
Net result €4,824 after one loss-making year.
Show earlier events
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wemmel · 1 establishment unit since 2011
Ground area
5,459 m²
Building footprint
1,514 m²
Volume, LiDAR
18,186 m³
2 parcels, Flanders, Wallonia · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
Rue des Forges 254, 1480 Tubize
since 20112.202.719.550
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0407/00C011 | Flanders | 5,299 m² | 1 · 1,471 m² | 18.9 m · 5 fl. |
| 25105B0413/00D015 | Wallonia | 160 m² | 1 · 43 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,214 companies in sector 62900 we hold annual accounts for 1,743. 1,308 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
74140Other specialised design activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0839458289
Also
9925:BE0839458289
Registered
24-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.