LOGIC POWER
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 17-10-2024 was due by 17-05-2025 and was filed on 22-08-2025, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2024
97 d late
2023
31 d late
2022
151 d late
2021
31 d late
2020
31 d late
2019
31 d late
2018
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 57 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.5m▼ 0.3%
2023 · €1.5m
Total assets
€1.5m▼ 3.6%
2023 · €1.5m
Net result
-€4,174
2023 · €771,103
Working capital
€1.5m
2022 · -€1,650
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
Operating result-€758▲ 6.4%-€516▲ 31.9%-€804▼ 55.7%€771,138-€4,060
Net result-€805▲ 5.5%-€565▲ 29.9%€664,597€771,103▲ 16.0%-€4,174
Equity€827,887▲ 306%€827,323▼ 0.1%€1.5m▲ 77.0%€1.5m▲ 1.4%€1.5m▼ 0.3%
Total assets€899,642▲ 227%€1.6m▲ 76.3%€1.5m▼ 3.0%€1.5m=€1.5m▼ 3.6%
Debt€71,755▲ 1.1%€758,849▲ 958%€74,070▼ 90.2%€53,007▼ 28.4%
Working capital-€1,696▲ 13.2%-€687,541▼ 40,439%-€1,650▲ 99.8%€1.5m
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4,060 after €771,138 in 2023, the lowest result in the available series.
Key figures and ratios
Solvency
99.8%▲
2023 · 96.6%
ROE
-0.3%▼
2023 · 51.9%
ROA
-0.3%▼
2023 · 50.1%
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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €960 | €990 | ▲ 3.0% |
| Gross operating margin9900 | -€758 | -€516 | -€804 | €772,098 | -€3,070 | ▼ 100% |
| Operating profit (loss)9901 | -€758 | -€516 | -€804 | €771,138 | -€4,060 | ▼ 101% |
| Financial income75/76B | - | - | €665,449 | - | - | - |
| Recurring financial income75 | - | - | €665,449 | - | - | - |
| Financial charges65/66B | - | €48 | €49 | €34 | €114 | ▲ 232% |
| Recurring financial charges65 | €47 | €48 | €49 | €34 | €114 | ▲ 232% |
| Profit (loss) for the period before taxes9903 | -€805 | -€565 | €664,597 | €771,103 | -€4,174 | ▼ 101% |
| Profit (loss) for the period9904 | -€805 | -€565 | €664,597 | €771,103 | -€4,174 | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | -€805 | -€565 | €664,597 | €771,103 | -€4,174 | ▼ 101% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €899,642 | €1.6m | €1.5m | €1.5m | €1.5m | ▼ 3.6% |
| Fixed assets21/28 | €898,362 | €1.6m | €1.5m | - | - | - |
| Financial fixed assets28 | €898,362 | €1.6m | €1.5m | - | - | - |
| Current assets29/58 | €1,280 | €1,642 | €1,629 | €1.5m | €1.5m | ▼ 3.6% |
| Amounts receivable within one year40/41 | €1,280 | €1,628 | €1,628 | €1.5m | €1.5m | ▼ 3.6% |
| Trade receivables40 | - | €348 | €348 | - | - | - |
| Other amounts receivable41 | - | €1,280 | €1,280 | €1.5m | €1.5m | ▼ 3.6% |
| Cash at bank and in hand54/58 | - | €14 | €2 | €27 | €23 | ▼ 14.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €899,642 | €1.6m | €1.5m | €1.5m | €1.5m | ▼ 3.6% |
| Equity10/15 | €827,887 | €827,323 | €1.5m | €1.5m | €1.5m | ▼ 0.3% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €8,057 | ▲ 30.0% |
| Capital10 | - | €6,197 | €6,197 | €6,197 | - | - |
| Issued capital100 | - | €18,592 | €18,592 | €18,592 | - | - |
| Uncalled capital101 | - | €12,395 | €12,395 | €12,395 | - | - |
| Revaluation surpluses12 | - | €778,192 | €750,362 | - | - | - |
| Reserves13 | €23,576 | €23,576 | €23,576 | €23,576 | €21,717 | ▼ 7.9% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | - | - |
| Legal reserve130 | - | €1,859 | €1,859 | €1,859 | - | - |
| Distributable reserves133 | - | €21,717 | €21,717 | €21,717 | €21,717 | = |
| Profit (loss) carried forward14 | €19,922 | €19,357 | €683,954 | €1.5m | €1.5m | ▼ 0.3% |
| Provisions and deferred taxes16 | - | - | - | - | €2,500 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €2,500 | - |
| Other liabilities and charges164/5 | - | - | - | - | €2,500 | - |
| Amounts payable17/49 | €71,755 | €758,849 | €74,070 | €53,007 | - | - |
| Amounts payable after more than one year17 | €68,779 | €69,667 | €70,792 | €52,977 | - | - |
| Other amounts payable178/9 | - | €69,667 | €70,792 | €52,977 | - | - |
| Amounts payable within one year42/48 | €2,976 | €689,183 | €3,279 | €30 | - | - |
| Trade debts44 | €169 | €215 | €480 | €30 | - | - |
| Suppliers440/4 | - | €215 | €480 | €30 | - | - |
| Other amounts payable47/48 | - | €688,968 | €2,799 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€805 | -€565 | €664,597 | €771,103 | -€4,174 | ▼ 101% |
| Operating cash flow (approximation) | -€805 | -€565 | €664,597 | €771,103 | -€4,174 | ▼ 101% |
| Investment in fixed assets (approximation) | - | -€686,169 | €48,000 | - | - | - |
| Change in cash | - | - | -€12 | €25 | -€4 | ▼ 115% |
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
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 97 days late
2024
17-10
Financial
Weakest financial yearnet -€4,174
Net result drops to -€4,174, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €771,103 ▲16%
Operating result €771,138, net result €771,103, both a record.
31-12
Financial
Liquidity times 102416current ratio 50888.08
Current ratio from 0.50 to 50888.08; short-term debt falls from €3,279 to €30.
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
31-12
Financial
Back to profitnet €664,597
Net result €664,597 after 3 loss-making years.
31-12
Financial
Equity above €1mEq €1.5m ▲77%
Equity rises from €827,323 to €1.5m.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €500,000Eq €827,887 ▲306%
Equity rises from €203,972 to €827,887.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Show earlier events
2019
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
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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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Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 17-10-2024 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 17-10-2024 of LOGIC POWER and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.