Skip to content

Logicall Installation Services Belgium

Active
Private limited companyfounded 2016active for 10 yearsEgide Walschaertsstraat 18, 2800 Mechelen, BelgiumKBO/BCE: BE 0658.799.650
Summary

The computed 12-month bankruptcy probability of Logicall Installation Services Belgium is 5.2% (elevated). The 2024 annual accounts show negative equity (-€52,213) and a net result of -€164,650. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 8% of 1,854 sector peers (NACE 49, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Logicall Installation Services BelgiumActiveChecked score 34/100

Overview

Official details

Source: KBO
Status
Active since 07-07-2016 Normal situation
Activity
Freight transport by road NACE 49410and 6 others
Establishment unit
2.237.573.531 2800 Mechelen, since 01-04-2012
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
Shareholders
  • Logicall Group B.V.annual accounts 2024

Financial position

34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.2%
Annual accounts 2024
Gross margin
€4.2m
▲ 0.6%
Turnover
≈ €7.9m
estimated
Loss
€164,650
▲ 45×
Equity
-€52,213
Total assets
€2.0m
▼ 4.3%
Employees on 31-12-2024
63
▼ 14.9%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 94 days past the deadline
Filed on 30-09-2025
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts lateFigures for financial year 2024 (filed on 30-09-2025)Negative equity -€52,213Sector: Land transport and transport via pipelines (NACE 49)Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 9% of medium-sized companies in land transport (NACE 49)
Financial strength · tick: 2023
Weak
Solvency 22-8
equity -2.6% of total assets
Liquidity 15+1
short-term debt 88.5% · cash 11.6%
Profitability 21-24
return on assets -8.3%
Bankruptcy probability within 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (275 companies, NACE 49, medium-sized)
Last 24 months 12-2024: 2.3% 01-2025: 2.3%● unchanged vs 12-2024lowest value 02-2025: 2.3%● unchanged vs 01-2025lowest value 03-2025: 2.3%● unchanged vs 02-2025lowest value 04-2025: 2.5%▲ +0.2 percentage points vs 03-2025 05-2025: 3.1%▲ +0.6 percentage points vs 04-2025 06-2025: 3.2%▲ +0.1 percentage points vs 05-2025 07-2025: 3.4%▲ +0.2 percentage points vs 06-2025 08-2025: 4.3%▲ +0.9 percentage points vs 07-2025 09-2025: 5.3%▲ +1.0 percentage point vs 08-2025highest value 10-2025: 5.3%● unchanged vs 09-2025 11-2025: 5.3%● unchanged vs 10-2025 12-2025: 5.3%● unchanged vs 11-2025 01-2026: 4.5%▼ -0.8 percentage points vs 12-2025 02-2026: 4.5%● unchanged vs 01-2026 03-2026: 4.4%▼ -0.1 percentage points vs 02-2026 04-2026: 4.4%● unchanged vs 03-2026 05-2026: 4.5%▲ +0.1 percentage points vs 04-2026 06-2026: 4.5%● unchanged vs 05-2026 07-2026: 4.7%▲ +0.2 percentage points vs 06-2026 08-2026: 5.1%▲ +0.4 percentage points vs 07-2026 09-2026: 5.2%▲ +0.1 percentage points vs 08-2026 10-2026: 5.2%● unchanged vs 09-2026 11-2026: 5.2%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.85 (0.81 in 2023), below 1. Short-term debt is 88.5% and cash 11.6% of total assets. Equity is negative.
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, medium-sized). It does better than 7% of them on solvency, 14% on liquidity, 11% on profitability and 3% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Seven signals.
raises riskneutral
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 30-09-2025)
NBB · annual accounts
raises risk · Negative equity -€52,213
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€52,213
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, 94 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 8 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
15 days early
2022
40 days early
2021
31 days early
2020
45 days early
2019
23 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 16 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

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€52,213 View
  • Risk: 3 loss-making years in a rowloss in financial year 2024 -€164,650 View
  • Caution: Result fell in 2024from -€3,649 to -€164,650 ▼ 4,412% View
  • Caution: Lower net result than 95% of companies in land transportsector median €44,232 · 1,855 companies -€164,650 View

Recent changes

  1. · Gazette deed Appointment: EY BEDRIJFSREVISOREN BV (statutory auditor)Permanent representative: JANSSEN Olaf
  2. · Gazette deed Company renamed from PATRANS LOGISTICS, INSTALLATION & MAINTENANCE to Logicall Installation Services Belgium
  3. · Gazette deed Registered office moved to MechelenResignation: Bart Comyn (director) · Appointments: Janssen Group of Companies B.V. (director) and Frederik Weijgertse (director) · Permanent representative: Erik Schurgers
All 18 events

Comparable companies

These companies have the same main activity as Logicall Installation Services Belgium: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1.3m and €3.4m, founded between 2008 and 2018.

CompanyTotal assetsGross margin
Logicall Installation Services Belgium Mechelen€2.0m€4.2m
Wim Trans Sint-Katelijne-Waver€2.0m€3.4m
Ghl Logistics Oostende€1.8m€2.7m
Deertrans Beveren-Kruibeke-Zwijndrecht€3.4m€4.3m
TRANSPORTBEDRIJF TRANS L&S Kontich€3.2m€3.7m
Drop-it Antwerpen€1.3m€3.9m
Transport Eelen Herentals€2.6m€2.9m
Full comparison

Key facts about Logicall Installation Services Belgium

What is the company number of Logicall Installation Services Belgium?
The company number of Logicall Installation Services Belgium is 0658.799.650. The VAT number is the same number with BE in front: BE 0658.799.650.
Where is Logicall Installation Services Belgium based?
The registered office is at Egide Walschaertsstraat 18, 2800 Mechelen.Company details
What does Logicall Installation Services Belgium do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Logicall Installation Services Belgium?
The legal form of Logicall Installation Services Belgium is Private limited company (BV).
When was Logicall Installation Services Belgium founded?
Logicall Installation Services Belgium was founded on 07-07-2016.
Is Logicall Installation Services Belgium still active?
Yes, Logicall Installation Services Belgium is an active enterprise in the KBO register.
How many employees does Logicall Installation Services Belgium have?
Logicall Installation Services Belgium had an average of 66.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Logicall Installation Services Belgium?
The turnover in financial year 2024 is ≈ €7.9m. This figure is estimated from the gross margin of €4.2m and 31 comparable companies (NACE 49410). It probably lies between €6.9m and €9.3m.
Is Logicall Installation Services Belgium profitable?
In financial year 2024, Logicall Installation Services Belgium made a loss of €164,650.
Where can I find the annual accounts of Logicall Installation Services Belgium?
Logicall Installation Services Belgium filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.