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Logicflex

Active Private limited companyfounded 2011active for 14 yearsKwikaard 126, 2980 ZoerselKBO/BCE: BE 0841.253.185

Lifetime

14 annual accounts with figures on one time axis
peak €305,995 (2024)
€301,773▼ 1.4%
lowest -€55,678 (2016)
-€10,138▼ €53,447
peak €26,888 (2012)
€12,836▼ 44.1%
€776,124▼ 2.3%
peak 1 FTE (2020)
-not published
Board3 names since 2011
1 director
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Loss of €10,138Equity from €22,974 to €12,836Cash from €100,736 to €44,377

Key points

from the 2025 annual accounts

Result

-€10,138 -€10,138
€43,3002024-€10,1002025

From profit to loss in 2025, after a profit of €43,309 in 2024.

Turnover

≈ €850,000 estimated

The micro format states no turnover.

Debts

€776,124 98% of the balance sheet
Financial debts 82%Suppliers 5%Taxes and wages 1%Other 12%

Of this, €135,851 falls due within a year.

Staff

3 employees on 31-12-2025
322021332022222023212024112025

In 2025, 1 person joined and 1 left.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

The last five annual accounts were filed 5 to 14 days before the end of the period.

Position in the sector

1.6%

Lower solvency than 90% of companies in specialised construction. Sector median 46.9% · 37,177 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,037 companies had the same profile as Logicflex has now. Each dot stands for 3 companies, two years later.

93.8%
were still trading
2.9%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,037 companies, not a prediction for Logicflex. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Director, since 22-11-2011
  • all the sharesdeed of 23-04-2021
Board & ownership

Recent changes

Reappointments: (director) and (director) Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Appointment: (director) holds all the shares · General meeting of 24-03-2021 · Gazette deed
Registered office moved within Zoersel New registered office: Kwikaard 126 te 2980 Zoersel · Previous registered office: Raymond Delbekestraat 253, 2980 Zoersel · Gazette deed
First establishment Kwikaard 126, Zoersel
All 24 events

Comparable companies

same main activity, similar in size and age
Company
Logicflex Zoersel €788,960 €301,773 1.6% -
Sven Verlent Zoersel €862,413 €362,783 42.5% -
FITOM Wuustwezel €746,431 €313,497 79.7% -
AFSLUITINGEN PEETERS Malle €692,788 €290,425 74.7% 4.2
RdR design Ravels €743,078 €248,513 45.6% -
Multituin Geel €858,857 €269,675 63.4% 3.1
EU-Reno Aartselaar €820,288 €360,878 42.0% 6.2

These companies have the same main activity as Logicflex: joinery installation (NACE 43320). They are comparable in size and age: total assets between €693,000 and €862,000, founded between 2010 and 2012.

Official details

Source: KBO
Status
Active since 22-11-2011Normal situation
Activity
Joinery installationNACE 43320and 1 other
Joint committee
124Construction · annual accounts 2025
Establishment unit
2.205.278.6672980 Zoersel, since 01-01-2012
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€788,960▼ 3.5%
Employeeson 31-12-2025
3=
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Insights on Logicflex

Logicflex files the micro format. That format states no turnover. The gross margin rose from €24,388 in 2012 to €301,773 in 2025.

The balance sheet grew most from 2014 to 2016 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Logicflex

What is the company number of Logicflex?
The company number of Logicflex is 0841.253.185. The VAT number is the same number with BE in front: BE 0841.253.185.
Where is Logicflex based?
The registered office is at Kwikaard 126, 2980 Zoersel.Company details
What does Logicflex do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Logicflex?
Logicflex is a private limited company (BV).
When was Logicflex founded?
Logicflex was founded on 22-11-2011.
Is Logicflex still active?
Yes, Logicflex is an active enterprise in the KBO register.
How many employees does Logicflex have?
Logicflex had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Logicflex fall under?
In its 2025 annual accounts, Logicflex states joint committee 124 (Construction).
What is the turnover of Logicflex?
The turnover in financial year 2025 is ≈ €850,000. This figure is estimated from the gross margin of €301,773 and 61 comparable companies (NACE 433). It probably lies between €640,000 and €1.1m.
Is Logicflex profitable?
In financial year 2025, Logicflex made a loss of €10,138.
Where can I find the annual accounts of Logicflex?
Logicflex filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Logicflex due?
Logicflex must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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