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Logicall Air & Ocean

Active
Public limited companyfounded 2011active for 14 yearsSamberstraat 69, 2060 Antwerpen, BelgiumKBO/BCE: BE 0842.322.066

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Logicall Air & Ocean has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.7m and a net result of €747,227. Equity has been growing by about 75% per year since 2018. Its solvency ranks better than 87% of 1,123 sector peers (NACE 49, financial year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

KBO
Status
Active since 23-12-2011 Normal situation
Activity
Freight transport by road NACE 49410and 3 others
Establishment units
2.209.925.759 2060 Antwerpen, since 01-06-2012
2.263.326.734 1830 Machelen (Brab.), since 01-04-2017
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
Shareholders

Financial position

56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2024
Turnover
€18.2m
=
Profit
€747,227
▲ 35.9%
Equity
€5.7m
▲ 15.0%
Total assets
€7.6m
▲ 19.9%
Staff
15.8 FTE
▼ 3.1%
2025 accounts not filed, 93 days past the deadline
Filed on 08-08-2025PDF
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 11-08-2025)lowers riskSize: turnover €18.2m, 15.8 FTE, total assets €7.6mEquity €5.7m (75.4% of total assets)Profit of €747,227 (financial year 2024)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 62% of small companies in land transport (NACE 49)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 100=
equity 75.4% of total assets
Liquidity 52-8
short-term debt 24.6% · cash 9.2%
Profitability 67+2
return on assets 9.8%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,181 companies, NACE 49, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €320,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 4.02 (4.61 in 2023), above the usual 1.5. Short-term debt is 24.6% and cash 9.2% of total assets. 24.6% of the assets are financed with debt and provisions.
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 49, small). It does better than 95% of them on solvency, 64% on liquidity, 30% on profitability and 59% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 11-08-2025)
NBB · annual accounts
lowers risk · Size: turnover €18.2m, 15.8 FTE, total assets €7.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €5.7m (75.4% of total assets)
NBB · annual accounts
lowers risk · Profit of €747,227 (financial year 2024)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
8 days late
2023
19 days early
2022
14 days early
2021
17 days early
2020
18 days early
2019
65 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 21 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 89% of companies in land transportsector median €44,400 · 1,121 companies €747,227 View
  • Positive: 7 profitable years in a rowprofit 2024: €747,227 7 years View
  • Board changedlatest change 10-07-2026 · 3 in office 1 joined · 1 left View
  • Positive: Result rose in 2024from €549,977 to €747,227 ▲ 35.9% View

Comparable companies

These companies have the same main activity as Logicall Air & Ocean: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €6.2m and €13m, founded between 1997 and 2015.

CompanyTotal assetsTurnover
Logicall Air & Ocean Antwerpen€7.6m€18.2m
Biocair Belgium Mechelen€13.1m€10.7m
Sallaum Lines Belgium Antwerpen€12.5m€36.5m
WeBarge Beveren-Kruibeke-Zwijndrecht€8.6m€18.8m
GroLa Rumst€8.6m€13.1m
AGX GROUP Zaventem€6.2m€12.1m
PECHE Villers-le-Bouillet€7.9m€10.5m
Full comparison

Documents

Annual accounts at the NBB

All 13 annual accounts

Articles and registers

Key facts about Logicall Air & Ocean

What is the company number of Logicall Air & Ocean?
The company number of Logicall Air & Ocean is 0842.322.066. The VAT number is the same number with BE in front: BE 0842.322.066.
Where is Logicall Air & Ocean based?
The registered office is at Samberstraat 69, 2060 Antwerpen.Company details
What does Logicall Air & Ocean do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Logicall Air & Ocean?
The legal form of Logicall Air & Ocean is Public limited company (NV).
When was Logicall Air & Ocean founded?
Logicall Air & Ocean was founded on 23-12-2011.
Is Logicall Air & Ocean still active?
Yes, Logicall Air & Ocean is an active enterprise in the KBO register.
How many employees does Logicall Air & Ocean have?
Logicall Air & Ocean had an average of 15.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Logicall Air & Ocean?
The turnover of Logicall Air & Ocean was €18.2m in financial year 2024, according to the filed annual accounts.
Is Logicall Air & Ocean profitable?
In financial year 2024, Logicall Air & Ocean made a profit of €747,227.
Where can I find the annual accounts of Logicall Air & Ocean?
Logicall Air & Ocean filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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