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Logicflex

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

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

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

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

€301,773▼ 1.4%
€10,138
€12,836▼ 44.1%
€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.

Financials

Annual accounts 2025

micro format, filed on 17-07-2026, 14 days before the deadline
€301,773
▼ 1.4%
€15,193
▼ 71.4%
€95,507
▼ 27.4%
€70,176
▼ 42.4%
1.6%
▼ 1.2 percentage points
1.58
▲ 0.06

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €850,000. Estimated: probably between €640,000 and €1.1m.

Money flows

no detail for 2025

Balance sheet

balance sheet total €788,960 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

1.6%

Higher than 10% of 37,177 companies in 2025.

1.58

Higher than 43% of 36,472 companies in 2025.

-1.3%

Higher than 21% of 36,707 companies in 2025.

Logicflex Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: middle half

Staff

€61,236

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012
Balance sheet: assets
20/58 788,960817,465822,719893,475860,563891,016669,767713,100716,745735,443101,36399,43787,75069,710
21/28 574,190609,056669,265736,142718,467730,955609,146637,357661,159695,21950,94735,99050,15541,374
22/27 574,190609,056669,265736,142718,467730,955609,146637,357661,159695,21950,94735,99050,15541,374
22 422,028450,916483,412515,908548,404569,540598,279621,139651,323681,50831,501---
23 126,599156,817180,519207,367149,078142,6035,1987,9609,41212,86417,05631,21042,98531,814
24 5,3621,3225,33412,86720,98518,8125,6698,2584248472,3904,7807,1709,560
25 20,200-------------
29/58 214,771208,409153,454157,333142,095160,06160,62075,74455,58640,22450,41563,44737,59528,336
3 13,71218,96625,86129,36019,89112,21112,04010,95310,1469,77815,40919,1147,1233,418
30/36 13,71218,96625,86129,36019,89112,21112,04010,95310,1469,77814,8094,0243,1233,418
37 ----------60015,0904,000-
40/41 149,40584,27280,688111,54477,63092,92334,38140,78133,95122,44812,00719,3339,8159,598
40 138,76574,66678,16099,89767,48778,45730,69033,86329,75713,4966,9866,397-2,843
41 10,6409,6062,52911,64710,14314,4663,6916,9184,1938,9525,02112,9359,8156,756
54/58 44,377100,73645,25114,75844,41552,73612,14223,34210,8287,537--20,65815,319
490/1 7,2764,4351,6541,6711592,1922,05766766146123,00025,000--
Balance sheet: equity and liabilities
10/49 788,960817,465822,719893,475860,563891,016669,767713,100716,745735,443101,36399,43787,75069,710
10/15 12,83622,974-20,3342,05126,428-570-69,769-34,422-70,698-28,88226,79626,72322,78226,888
10/11 14,40014,40014,40014,40014,40014,40014,40014,40014,40014,40014,40014,40014,40014,400
100 ------18,60018,60018,60018,60018,60018,60018,60018,600
101 ------4,2004,2004,2004,2004,2004,2004,2004,200
13 12,02812,02812,02812,02812,028821821821821821821821624624
130/1 --821821821821--------
130 ------821821821821821821624624
1311 --821821821821--------
133 12,02812,02811,20711,20711,207---------
14 -13,592-3,454-46,762-24,377--15,791-84,990-49,644-85,919-44,10311,57511,5017,75811,864
17/49 776,124794,490843,054891,424834,134891,586739,535747,522787,443764,32574,56672,71464,96842,822
17 640,274657,370709,290760,278739,762767,679661,588669,788677,872685,8436,42312,27720,78910,489
170/4 640,274657,370709,290760,278739,762767,679661,588669,788677,872685,8436,42312,27720,78910,489
42/48 135,851137,120133,764131,14694,373123,90777,94777,73579,07178,48266,73359,74344,17932,332
42 37,29551,92050,98846,48427,92327,5578,2008,0847,97114,0445,6508,0948,3008,050
43 ----------20,35117,899--
430/8 ----------20,35117,899--
44 37,08327,62147,68436,3068,28838,27416,95217,42112,6097,30624,68919,32729,67123,229
440/4 37,08327,62147,68436,3068,28838,27416,95217,42112,6097,30624,68919,32729,67123,229
45 7,4453,6369,5421,2051,100-1,810---2,067-155-
450/3 80137,3881,1001,100-----66-155-
454/9 7,3653,6232,154105--1,810---2,001---
47/48 54,02753,94325,55147,15157,06258,07650,98552,22958,49157,13213,97614,4226,0531,053
492/3 --------30,500-1,410695--
Income statement
70 ----------143,945179,450200,25262,159
76A ---5,000-50--------
9900 301,773305,995186,705157,855184,577180,45254,32289,7579,046-4,46827,17026,52620,13824,388
60/61 ----------116,776154,222180,64037,890
62 202,079170,902114,10899,40181,00149,46737,705-------
630 80,31478,43281,72670,18261,51347,90838,53538,88538,47146,40019,93419,97718,71011,680
631/4 ----3,392---3,392------
640/8 3,8943,6053,2866,4072,8872,9522,7932,7042,4622,7672,2409212756
66A 293-456-1,1001,793758-------
9901 15,19353,055-12,870-14,74338,07778,331-25,46844,776-31,887-53,6354,9956,4571,30112,652
75/76B 4,4774,0434,1983,2683,4393,1891,3552,8821,7541,879293079471
75 4,4774,0434,1983,2683,4393,1891,3552,8821,7541,879293079471
65/66B 29,60313,77713,71412,90213,41812,32211,23311,38311,6013,9224,1332,5421,955234
65 29,60313,77713,71412,90213,41812,32211,23311,38311,6013,9224,1332,5421,955234
9903 -9,93343,321-22,386-24,37728,09869,199-35,34736,276-41,734-55,6788923,94614012,489
67/77 20613--1,100---82-81854,2471
9904 -10,13843,309-22,386-24,37726,99869,199-35,34736,276-41,816-55,678743,941-4,10612,488
9905 -10,13843,309-22,386-24,37726,99869,199-35,34736,276-41,816-55,678743,941-4,10612,488
Appropriation of the result
9906 -13,592-3,454-46,762-24,37711,207-15,791-84,990-49,644-85,919-44,10311,57511,6987,75812,488
14P -3,454-46,762-24,377--15,791---------
691/2 ----11,207------197-624
6921 ----11,207------197-624
Social balance sheet
9087 3.331.91.71.710.9-------
Hours worked1013 5,2685,1783,4372,8172,6221,6251,288-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 17-07-2026 2026-00303687 PDF
31-12-2024 micro format 23-07-2025 2025-00296634 PDF
31-12-2023 micro format 22-07-2024 2024-00267457 PDF
31-12-2022 micro format 25-07-2023 2023-00266183 PDF
31-12-2021 micro format 26-07-2022 2022-20221330 PDF
31-12-2020 micro format 22-07-2021 2021-39200284 PDF
31-12-2019 micro format 22-07-2020 2020-32700271 PDF
31-12-2018 micro format 22-07-2019 2019-36100218 PDF
31-12-2017 micro format 16-07-2018 2018-33700054 PDF
31-12-2016 micro format 24-07-2017 2017-36000439 PDF
31-12-2015 abbreviated format 14-09-2016 2016-59700215 PDF
31-12-2014 abbreviated format 22-07-2015 2015-34200412 PDF
31-12-2013 abbreviated format 23-07-2014 2014-34700356 PDF
31-12-2012 abbreviated format 13-08-2013 2013-42100416 PDF

Subsidies and aid

Flemish government 2022 to 2023, 2 entries, €1,166 awarded, €1,165 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€1,166
Year Entries AwardedPaid
2023 1 €656€1,165
2022 1 €510€0

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012
95,507131,48868,85555,43999,590126,24013,06683,6626,584-7,23524,93026,43420,01124,332
70,176121,74159,34045,80588,511117,1073,18875,161-3,346-9,27820,00823,91714,60424,168
45,74118,22315,30587,85750,125171,15611,08215,0834,411690,67234,8915,81227,49153,054
-56,35955,48530,494-29,657-8,32240,594-11,20012,5143,291---5,339-
78,92071,28919,69026,18747,72336,155-17,327-1,991-23,485-38,258-16,3183,704-6,584-3,996
----------3.5%3.6%0.6%20.4%
1.6%2.8%-2.5%0.2%3.1%-0.1%-10.4%-4.8%-9.9%-3.9%26.4%26.9%26.0%38.6%
1.581.521.151.201.511.290.780.970.700.510.761.060.850.88
1.481.380.950.981.291.190.620.830.570.390.520.740.690.77
60.4734.58--31.56-----2.782.722.851.59
-79.0%188.5%--102.2%-----0.3%14.7%-18.0%46.4%
-1.3%5.3%-2.7%-2.7%3.1%7.8%-5.3%5.1%-5.8%-7.6%0.1%4.0%-4.7%17.9%
3.239.545.024.307.42---------
----------18 days13 days18 days17 days
----------77 days46 days60 days224 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date33222
full-time32122
part-time-11--
in full-time equivalents32.91.922
3.331.91.71.7
On a permanent contract3221-
Joined12233
Left11232

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered€180,000€180,000€180,000€180,000€595,000
Carrying value of the mortgaged assets€422,028€450,916€483,412€515,908€497,420

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€45,741€18,223€15,305€87,857€50,125
€80,314€78,432€81,726€70,182€61,513

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Logicflex

The operating result for 2025 is 71% lower than in 2024.

Debt's share of the balance-sheet total rises from 97.2% to 98.4%. Equity and debt are lower.

Board & ownership

Board

1 director, last change in 2021
Director
since 22-11-2011 term without a fixed end
listed in the 2025 annual accounts, filed on 17-07-2026

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today

Director

Director

Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
    • Director, from 22-11-2011 to date
    • Director, from before 08-02-2024, no longer listed in the 2025 annual accounts
    • Director, appointed by deed of 23-04-2021, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Shareholder
This company
Logicflex
Equity €12,836
Loss €10,138 in 2025

Capital

Contribution
€14,400
Source
2025 annual accounts

Articles of association

deed of 08-02-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Algemene vergadering bepaalt overeenkomstig wettelijke bepalingen, aanzuivering schulden lasten kosten of consignatie nodige sommen”

Shareholders

Stated in the deed deed of 23-04-2021 ↗
  • all shares

Capital transactions

Capital over time
  1. 08-02-2024 Converted to unavailable equity
  2. 08-02-2024 Converted to uncalled contributions · €4,200

Network & group

No group

Logicflex has no parent and no holdings in its annual accounts. is the only director. Logicflex shares no director with another company.

Timeline

Timeline

24 events since 2011

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 14 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 8 days before the deadline
2024
Back to profit net €43,309 The net result is €43,309, after 2 loss-making years.
Annual accounts 2023 filed PDFmicro format · 9 days before the deadline
Reappointments: (director) and (director)Legal-form conversion: from private limited company (pre-2019) to private limited company5 points ▸
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • 186 shares
  • Director reappointment,
  • Director reappointment,
  • Registered office clause, Kwikaard 126, 2980 Zoersel
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 6 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 5 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 9 days before the deadline
Appointment: (director) holds all the shares · General meeting of 24-03-20213 points ▸
  • General meeting, 24-03-2021
  • holds all the shares
  • Director appointment,
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2020
Back to profit net €69,199 The net result is €69,199, after one loss-making year.
Annual accounts 2019 filed PDFmicro format · 9 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 9 days before the deadline
2018
Back to profit net €36,276 The net result is €36,276, after 2 loss-making years.
Annual accounts 2017 filed PDFmicro format · 15 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 7 days before the deadline
2016
Weakest financial year net -€55,678 The net result drops to -€55,678, the lowest from 2012 to 2025. It recovers the following year.
Annual accounts 2015 filed PDFabbreviated format · 45 days late
2015
Registered office moved within ZoerselNew registered office: Kwikaard 126 te 2980 Zoersel · Previous registered office: Raymond Delbekestraat 253, 2980 Zoersel1 point ▸
  • Registered-office move, Kwikaard 126 te 2980 Zoersel
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2014 filed PDFabbreviated format · 9 days before the deadline
2014
Back to profit net €3,941 The net result is €3,941, after one loss-making year.
Annual accounts 2013 filed PDFabbreviated format · 8 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 13 days late
2012
First establishment Kwikaard 126, Zoersel
2011
Incorporation PDFpublished on 05-12-2011

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Logicflex was incorporated on 22 November 2011.1 The registered office was moved to Zoersel in 2015.2 Total assets rose from €713,100 in 2018 to €788,960 in 2025 and headcount from 0.9 full-time equivalents in 2019 to 3.3 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-11-2015
  3. 3National Bank, annual accounts 2018, 2019 and 2025

Company details

Identity

Enterprise number
0841.253.185
VAT number
BE 0841.253.185
Peppol ID
0208:0841253185
Other Peppol ID
9925:BE0841253185
Legal form
Private limited company
Status
Active, normal situation
Founded
22-11-2011
Financial year
ends on 31 December
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
Logicflex in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-02-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 08-02-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
43320 Joinery installation main activity
33190 Repair, maintenance and installation of machinery and equipment
Social security (RSZ) activities
43320 Joinery installation main activity
Joint committees annual accounts 2025
JC 124 Construction
Codes under NACEBEL 2008
VAT activities
43320 Joinery installation main activity
33190 Repair, maintenance and installation of machinery and equipment
Social security (RSZ) activities
43320 Joinery installation main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De aan- en verkoop,de in- en uitvoer,fabricatie,montage,installatie,verhuur,ontwerp en plaatsen van licht en geluidsinstallaties,in de meest…”
4 activities
  1. De aan- en verkoop,de in- en uitvoer,fabricatie,montage,installatie,verhuur,ontwerp en plaatsen van licht en geluidsinstallaties,in de meest ruime zin van het woord,machines,werktuigen en benodigdheden.
  2. Het vervaardigen en monteren van alle soorten elektro-technische installaties.
  3. Uitbating van een onderneming voor schrijnwerkerij,meubelmakerij,gyprocwerken,isolatiewerken en dakwerken in de meest ruime zin van het woord.
  4. De aan- en verkoop van onroerend goed.
deed of 08-02-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Kwikaard 126 registered office 2980 Zoersel 01-01-2012 2.205.278.667

Buildings and parcels at the address

Ground area
2,092 m²
Buildings
622 m²
Volume, LiDAR
3,392 m³
Tallest building
6.3 m
Buildings to scale, each on its own parcel
622 m², 6.3 m 622 m², 6.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11453I0305/00V0002,092 m² 1 · 622 m² 6.3 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0841.253.185

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