LOGICO
ActiveSummary
LOGICO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €312 and a net result of €510. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▼-60
Solvency26▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.2%
Return on assets
1.9%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 17179 sector peers (2025).
NBB · sector comparisonPosition among 17179 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 18-09-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
16 d early
2023
35 d early
2022
7 d late
2021
48 d early
2020
5 d early
2019
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#6 oldest company in La Hulpe, Telecoms and IT sector
Equity
€312
2024 · -€198
Total assets
€26,547▼ 17.4%
2024 · €32,121
Net result
€510▼ 97.6%
2024 · €21,313
Working capital
-€291▲ 73.5%
2024 · -€1,098
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
Line20212022202320242025
Operating result€7,363€4,135▼ 43.8%€2,047▼ 50.5%€21,994▲ 975%€1,158▼ 94.7%
Net result€6,312€3,505▼ 44.5%€1,357▼ 61.3%€21,313▲ 1,471%€510▼ 97.6%
Equity-€26,373▲ 19.3%-€22,868▲ 13.3%-€21,511▲ 5.9%-€198▲ 99.1%€312
Total assets€25,987▲ 0.2%€19,452▼ 25.1%€23,179▲ 19.2%€32,121▲ 38.6%€26,547▼ 17.4%
Debt€52,360▼ 10.7%€42,320▼ 19.2%€44,690▲ 5.6%€32,319▼ 27.7%€26,235▼ 18.8%
Working capital-€35,263▲ 24.7%-€28,486▲ 19.2%-€22,708▲ 20.3%-€1,098▲ 95.2%-€291▲ 73.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26,547
Fixed assets
€602 ▼ 33.0%
Current assets
€25,944 ▼ 16.9%
Equity and liabilities €26,547
Equity
€312
Debt
€26,235
Debt finances 98.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€1,455▼
2024 · €22,291
Cash flow
€807▼
2024 · €21,610
Current ratio
0.99▲
2024 · 0.97
ROA
1.9%▼
2024 · 66.4%
Interest coverage
2.24▼
2024 · 32.72
Debt ≤ 1 year
€26,235▼
2024 · €32,319
Equity ratios withheld: equity of €312 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,081 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
0.8%
went bankrupt
2.2%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,081 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,999 | €4,756 | €4,422 | €297 | €297 | = |
| Other operating charges640/8 | - | €2,928 | €3,060 | €597 | €3,582 | ▲ 500% |
| Gross operating margin9900 | €21,178 | €11,819 | €9,528 | €22,888 | €5,037 | ▼ 78.0% |
| Operating profit (loss)9901 | €7,363 | €4,135 | €2,047 | €21,994 | €1,158 | ▼ 94.7% |
| Financial income75/76B | - | €53 | €0 | €0 | - | - |
| Recurring financial income75 | €64 | €53 | €0 | €0 | - | - |
| Financial charges65/66B | - | €682 | €690 | €681 | €648 | ▼ 4.9% |
| Recurring financial charges65 | €1,115 | €682 | €690 | €681 | €648 | ▼ 4.9% |
| Profit (loss) for the period before taxes9903 | €6,312 | €3,505 | €1,357 | €21,313 | €510 | ▼ 97.6% |
| Profit (loss) for the period9904 | €6,312 | €3,505 | €1,357 | €21,313 | €510 | ▼ 97.6% |
| Profit (loss) for the period to be appropriated9905 | €6,312 | €3,505 | €1,357 | €21,313 | €510 | ▼ 97.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25,987 | €19,452 | €23,179 | €32,121 | €26,547 | ▼ 17.4% |
| Fixed assets21/28 | €8,890 | €5,618 | €1,196 | €899 | €602 | ▼ 33.0% |
| Tangible fixed assets22/27 | €8,642 | €5,370 | €948 | €651 | €355 | ▼ 45.6% |
| Furniture and vehicles24 | - | €5,370 | €948 | €651 | €355 | ▼ 45.6% |
| Financial fixed assets28 | €248 | €248 | €248 | €248 | €248 | = |
| Current assets29/58 | €17,097 | €13,834 | €21,983 | €31,222 | €25,944 | ▼ 16.9% |
| Amounts receivable within one year40/41 | €15,779 | €11,865 | €19,033 | €19,465 | €16,107 | ▼ 17.2% |
| Trade receivables40 | - | €11,865 | €19,033 | €19,465 | €16,107 | ▼ 17.2% |
| Cash at bank and in hand54/58 | €1,319 | €1,969 | €2,950 | €10,787 | €8,867 | ▼ 17.8% |
| Deferred charges and accrued income490/1 | - | - | - | €970 | €970 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25,987 | €19,452 | €23,179 | €32,121 | €26,547 | ▼ 17.4% |
| Equity10/15 | -€26,373 | -€22,868 | -€21,511 | -€198 | €312 | ▲ 257% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€46,824 | -€43,319 | -€41,963 | -€20,650 | -€20,140 | ▲ 2.5% |
| Amounts payable17/49 | €52,360 | €42,320 | €44,690 | €32,319 | €26,235 | ▼ 18.8% |
| Amounts payable within one year42/48 | €52,360 | €42,320 | €44,690 | €32,319 | €26,235 | ▼ 18.8% |
| Trade debts44 | €11,440 | €2,481 | €11,137 | €12,021 | €6,936 | ▼ 42.3% |
| Suppliers440/4 | - | €2,481 | €11,137 | €12,021 | €6,936 | ▼ 42.3% |
| Taxes, remuneration and social security45 | - | €1,336 | €262 | €209 | €210 | ▲ 0.6% |
| Taxes450/3 | - | €1,336 | €262 | €209 | €210 | ▲ 0.6% |
| Other amounts payable47/48 | - | €38,504 | €33,291 | €20,089 | €19,089 | ▼ 5.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,312 | €3,505 | €1,357 | €21,313 | €510 | ▼ 97.6% |
| + Depreciation and write-downs630 | €4,999 | €4,756 | €4,422 | €297 | €297 | = |
| Operating cash flow (approximation) | €11,311 | €8,261 | €5,779 | €21,610 | €807 | ▼ 96.3% |
| Investment in fixed assets (approximation) | - | -€1,484 | €0 | -€0 | €0 | ▲ 100% |
| Change in cash | - | €651 | €981 | €7,837 | -€1,920 | ▼ 124% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €21,313 ▲1,471%
Operating result €21,994, net result €21,313, both a record.
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €6,312
Net result €6,312 after 2 loss-making years.
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet -€21,181
Net result drops to -€21,181, the lowest in the series; recovery starts the following year.
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
11-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 103 days late
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, La Hulpe · 1 establishment unit since 1995
Ground area
493 m²
Building footprint
137 m²
Volume, LiDAR
937 m³
Parcel 25050C0053/00M009, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Avenue Roi Baudouin 4, 1310 La Hulpe
since 19952.074.128.729
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050C0053/00M009 | Wallonia | 493 m² | 1 · 137 m² | 9.0 m · 2 fl. |
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.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 803 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 (pre-2019)
Founded23-10-1995
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456295027
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.