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LOGIC SERVICES

Active
Private limited companyfounded 20232 yrs activeChemin de la Lande 3, 4801 Verviers, BelgiumKBO/BCE: BE 1001.826.490
Summary

LOGIC SERVICES has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79,142 and a net result of €70,382. Its solvency ranks better than 60% of 4345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency86▲+7
Growth78
Track record82
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.54 against 2.16 in 2023; short-term debt: 39.4% and cash: 1.7% of total assets), and 39.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-09-2025, 33 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
33 d late
2023
23 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LOGIC SERVICES was incorporated on 31 October 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€79,142▲ 803%
2023 · €8,760
Total assets
€130,607▲ 702%
2023 · €16,289
Net result
€70,382▲ 1,122%
2023 · €5,760
Working capital
€79,142▲ 803%
2023 · €8,760
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
Line20232024
Operating result€8,140-€92,406▲ 1,035%
Net result€5,760-€70,382▲ 1,122%
Equity€8,760-€79,142▲ 803%
Total assets€16,289-€130,607▲ 702%
Debt€7,529-€51,465▲ 584%
Working capital€8,760-€79,142▲ 803%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2023: €8,140€8,140Net result 2023: €5,760€5,760Operating result 2024: €92,406€92,406Net result 2024: €70,382€70,38220232024€0€25,000€50,000€75,000€100,000Operating result 2023: €8,140€8,140Net result 2023: €5,760€5,760Operating result 2024: €92,406€92,400Net result 2024: €70,382€70,40020232024
The operating result rises in 2024; 2024 is 1,035% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €130,607
Equity €79,142 ▲ 803%
Debt €51,465 ▲ 584%
Debt's share of the balance-sheet total falls from 46.2% to 39.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
2.54▲
2023 · 2.16
Debt to equity
0.65▼
2023 · 0.86
ROE
88.9%▲
2023 · 65.8%
ROA
53.9%▲
2023 · 35.4%
Debt ≤ 1 year
€51,465▲
2023 · €7,529
Income taxes
€24,597▲
2023 · €2,305
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€16,289€130,607▲
Current assets29/58€16,289€130,607▲
Amounts receivable within one year40/41€10,360€128,399▲
Trade receivables40€10,360€30,553▲
Other amounts receivable41-€97,846
Cash at bank and in hand54/58€5,929€2,208▼
Equity and liabilities
Total equity and liabilities10/49€16,289€130,607▲
Equity10/15€8,760€79,142▲
Contributions10/11€3,000€3,000=
Reserves13€5,760€76,142▲
Distributable reserves133€5,760€76,142▲
Amounts payable17/49€7,529€51,465▲
Amounts payable within one year42/48€7,529€51,465▲
Trade debts44€97€7,682▲
Suppliers440/4€97€7,682▲
Taxes, remuneration and social security45€2,469€43,783▲
Taxes450/3€2,469€43,783▲
Other amounts payable47/48€4,963-
Income statement Code20232024
Other operating charges640/8-€8
Gross operating margin9900€8,140€92,413▲
Operating profit (loss)9901€8,140€92,406▲
Financial income75/76B-€3,058
Recurring financial income75-€3,058
Financial charges65/66B€75€484▲
Recurring financial charges65€75€484▲
Profit (loss) for the period before taxes9903€8,065€94,979▲
Income taxes67/77€2,305€24,597▲
Profit (loss) for the period9904€5,760€70,382▲
Profit (loss) for the period to be appropriated9905€5,760€70,382▲
Appropriation of the result
Profit (loss) to be appropriated9906€5,760€70,382▲
Transfer to equity691/2€5,760€70,382▲
To other reserves6921€5,760€70,382▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8-€8-
Gross operating margin9900€8,140€92,413▲ 1,035%
Operating profit (loss)9901€8,140€92,406▲ 1,035%
Financial income75/76B-€3,058-
Recurring financial income75-€3,058-
Financial charges65/66B€75€484▲ 543%
Recurring financial charges65€75€484▲ 543%
Profit (loss) for the period before taxes9903€8,065€94,979▲ 1,078%
Income taxes67/77€2,305€24,597▲ 967%
Profit (loss) for the period9904€5,760€70,382▲ 1,122%
Profit (loss) for the period to be appropriated9905€5,760€70,382▲ 1,122%
Line20232024Change
Assets
Total assets20/58€16,289€130,607▲ 702%
Current assets29/58€16,289€130,607▲ 702%
Amounts receivable within one year40/41€10,360€128,399▲ 1,139%
Trade receivables40€10,360€30,553▲ 195%
Other amounts receivable41-€97,846-
Cash at bank and in hand54/58€5,929€2,208▼ 62.8%
Equity and liabilities
Total equity and liabilities10/49€16,289€130,607▲ 702%
Equity10/15€8,760€79,142▲ 803%
Contributions10/11€3,000€3,000=
Reserves13€5,760€76,142▲ 1,222%
Distributable reserves133€5,760€76,142▲ 1,222%
Amounts payable17/49€7,529€51,465▲ 584%
Amounts payable within one year42/48€7,529€51,465▲ 584%
Trade debts44€97€7,682▲ 7,836%
Suppliers440/4€97€7,682▲ 7,836%
Taxes, remuneration and social security45€2,469€43,783▲ 1,673%
Taxes450/3€2,469€43,783▲ 1,673%
Other amounts payable47/48€4,963--
Line20232024Change
Profit (loss) for the period9904€5,760€70,382▲ 1,122%
Operating cash flow (approximation)€5,760€70,382▲ 1,122%
Change in cash--€3,722-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 33 days late
2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Verviers · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
467 m²
Parcel 63074B0702/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LOGIC SERVICES
Chemin de la Lande 3, 4801 VerviersWarehousing and support activities for transportation
since 20232.351.905.847
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63074B0702/00H000 Wallonia 467 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 4,563 companies in sector 74999 we hold annual accounts for 1,935. 1,564 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
Founded31-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
52250Logistics services
70200Business and other management consultancy
73110Advertising agencies

Scores and ratios are computed by Checked and are not a credit decision.