Equity
€178,807 ▲ 23.5%
LogiCode has made a profit in every financial year since 2019.
LogiCode
Overview
Lifetime
7 annual accounts with figures on one time axispeak €96,531 (2023)
€51,396▼ 16.7%
peak €72,429 (2023)
€34,076▼ 24.7%
peak €178,807 (2025)
€178,807▲ 23.5%
€9,152▼ 16.2%
Board1 name since 2018
1 director
Documentsfilings and deeds
21-07-202610 days before the deadline
2025micro format
Gross margin from €61,680 to €51,396Equity from €144,731 to €178,807Debts from €10,919 to €9,152Investments €1,511
Key points
from the 2025 annual accountsTurnover
≈ €150,000 estimated
The accounts state no turnover.
Investments
€1,511 2.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
20.20 was 14.28 in 2024
Short-term debts fell from €10,662 to €9,101.
Filings
7 annual accounts 1 late
The 2019 accounts came 26 days late. The other six were filed on time.
Position in the sector
95.1%
Higher solvency than 94% of companies in computing infrastructure and information services. Sector median 54.9% · 2,409 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as LogiCode has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% 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.
| 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 26,973 companies, not a prediction for LogiCode. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0707618463
Change of role: , from manager to director
General meeting of 12-12-2023 · Gazette deed
Incorporation
Founding capital of €18,550, 100 shares, €6,200 paid up · Founders: and · Appointment: (manager) · published on 04-10-2018 · Gazette deed
First establishment
Noord-Zuidstraat 21, Beringen
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as LogiCode: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €153,000 and €195,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 02-10-2018Normal situation
- Activity
- Computing infrastructure, data processing, hosting and related activitiesNACE 63100and 4 others
- Establishment unit
- 2.280.750.1123582 Beringen, since 02-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 01-10-2026
Annual accounts 2025
- €51,396▼ 16.7%
- €34,076▼ 24.7%
- €178,807▲ 23.5%
- €187,959▲ 20.8%
- Filing
- Filed on 21-07-2026, 10 days before the end of the filing period
Insights on LogiCode
LogiCode files the micro format. That format states no turnover. The gross margin fell from €68,927 in 2019 to €51,396 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 21-07-2026, 10 days before the deadline€51,396
▼ 16.7%
€49,848
▼ 16.8%
€34,076
▼ 24.7%
€174,712
▲ 23.4%
95.1%
▲ 2.1 percentage points
20.20
▲ 5.92
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €100,000 and €260,000.
Balance sheet
balance sheet total €187,959 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
95.1%
Higher than 94% of 2,409 companies in 2025.
20.20
Higher than 95% of 2,296 companies in 2025.
18.1%
Higher than 57% of 2,331 companies in 2025.
LogiCode
Middle half of the sector
80% of the sector
Micro accounts in computing infrastructure and information services (NACE 63)
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
187,959 | 155,650 | 220,943 | 156,858 | 127,067 | 100,929 | 68,573 | |
21/28 |
4,146 | 3,380 | 3,046 | 4,881 | 5,535 | 8,571 | 8,566 | |
22/27 |
4,146 | 3,380 | 3,046 | 4,881 | 5,535 | 8,571 | 8,566 | |
24 |
2,005 | 1,070 | 568 | 2,235 | 2,721 | 5,590 | 5,417 | |
26 |
2,142 | 2,310 | 2,478 | 2,646 | 2,814 | 2,982 | 3,150 | |
29/58 |
183,813 | 152,270 | 217,897 | 151,977 | 121,533 | 92,358 | 60,007 | |
40/41 |
14,191 | 15,200 | 12,859 | 17,541 | 21,037 | 16,384 | 16,185 | |
40 |
14,173 | 12,179 | 12,623 | 14,872 | 14,811 | 10,589 | 9,150 | |
41 |
18 | 3,021 | 236 | 2,669 | 6,227 | 5,795 | 7,035 | |
54/58 |
167,161 | 135,094 | 203,076 | 125,345 | 98,238 | 73,463 | 43,739 | |
490/1 |
2,462 | 1,977 | 1,962 | 9,091 | 2,257 | 2,511 | 83 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
187,959 | 155,650 | 220,943 | 156,858 | 127,067 | 100,929 | 68,573 | |
10/15 |
178,807 | 144,731 | 101,105 | 128,676 | 101,384 | 86,511 | 55,418 | |
10/11 |
18,550 | 18,550 | 18,550 | 18,550 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,550 | |
101 |
- | - | - | - | - | - | 12,350 | |
13 |
160,257 | 126,181 | 82,555 | 110,126 | 95,184 | 80,311 | 49,218 | |
130/1 |
- | - | - | 1,855 | 1,855 | 1,855 | - | |
130 |
- | - | - | - | - | - | 1,855 | |
1311 |
- | - | - | 1,855 | 1,855 | 1,855 | - | |
133 |
160,257 | 126,181 | 82,555 | 108,271 | 93,329 | 78,456 | 47,363 | |
17/49 |
9,152 | 10,919 | 119,838 | 28,182 | 25,684 | 14,418 | 13,155 | |
42/48 |
9,101 | 10,662 | 119,461 | 27,777 | 25,595 | 14,418 | 13,155 | |
44 |
1,361 | 904 | 506 | 698 | 610 | 5,977 | 8,555 | |
440/4 |
1,361 | 904 | 506 | 698 | 610 | 5,977 | 8,555 | |
45 |
6,969 | 7,081 | 26,124 | 14,643 | 6,518 | 3,006 | 3,000 | |
450/3 |
6,969 | 7,081 | 26,124 | 14,643 | 3,518 | 3,006 | 3,000 | |
454/9 |
- | - | - | - | 3,000 | - | - | |
47/48 |
771 | 2,678 | 92,831 | 12,437 | 18,468 | 5,435 | 1,600 | |
492/3 |
52 | 257 | 377 | 405 | 88 | - | - | |
| Income statement | ||||||||
76A |
- | - | 40,782 | - | 1,325 | - | - | |
9900 |
51,396 | 61,680 | 96,531 | 25,200 | 27,228 | 43,790 | 68,927 | |
630 |
744 | 880 | 1,835 | 2,066 | 3,037 | 2,744 | 3,210 | |
640/8 |
804 | 868 | 819 | 495 | 410 | 410 | 757 | |
9901 |
49,848 | 59,931 | 93,877 | 22,639 | 23,782 | 40,636 | 64,960 | |
75/76B |
0 | - | 8 | - | - | 0 | - | |
75 |
0 | - | 8 | - | - | - | - | |
76B |
- | - | - | - | - | 0 | - | |
65/66B |
2,029 | 2,713 | 2,472 | 917 | 816 | 1,282 | 899 | |
65 |
2,029 | 2,713 | 2,472 | 917 | 816 | 1,282 | 899 | |
9903 |
47,819 | 57,219 | 91,413 | 21,722 | 22,966 | 39,354 | 64,060 | |
67/77 |
13,742 | 11,993 | 18,985 | 5,180 | 6,493 | 8,261 | 13,242 | |
9904 |
34,076 | 45,226 | 72,429 | 16,542 | 16,473 | 31,093 | 50,818 | |
9905 |
34,076 | 45,226 | 72,429 | 16,542 | 16,473 | 31,093 | 50,818 | |
| Appropriation of the result | ||||||||
9906 |
34,076 | 45,226 | 72,429 | 16,542 | 16,473 | 31,093 | 50,818 | |
791/2 |
- | - | 27,571 | - | - | - | - | |
691/2 |
34,076 | 43,626 | - | 14,942 | 14,873 | 31,093 | 49,218 | |
6920 |
34,076 | 43,626 | - | - | - | - | 1,855 | |
6921 |
- | - | - | 14,942 | 14,873 | 31,093 | 47,363 | |
694/7 |
- | 1,600 | 100,000 | 1,600 | 1,600 | - | 1,600 | |
694 |
- | 1,600 | 100,000 | 1,600 | 1,600 | - | 1,600 | |
| Document | ||||||||
The notes to these accounts have 5 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 21-07-2026.
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 | 21-07-2026 | 2026-00314298 | |
| 31-12-2024 | micro format | 22-07-2025 | 2025-00312787 | |
| 31-12-2023 | micro format | 13-07-2024 | 2024-00253952 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00304174 | |
| 31-12-2021 | abbreviated format | 28-07-2022 | 2022-20274956 | |
| 31-12-2020 | micro format | 19-07-2021 | 2021-37000267 | |
| 31-12-2019 | micro format | 26-08-2020 | 2020-44700550 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 50,592 | 60,811 | 95,712 | 24,706 | 26,818 | 43,380 | 68,170 | ||
| 34,821 | 46,106 | 74,264 | 18,609 | 19,509 | 33,837 | 54,028 | ||
| 1,511 | 1,214 | 0 | 1,412 | 0 | 2,749 | 11,777 | ||
| 32,067 | -67,983 | 77,731 | 27,107 | 24,775 | 29,724 | - | ||
| 174,712 | 141,608 | 98,437 | 124,200 | 95,937 | 77,940 | 46,852 | ||
| 95.1% | 93.0% | 45.8% | 82.0% | 79.8% | 85.7% | 80.8% | ||
| 20.20 | 14.28 | 1.82 | 5.47 | 4.75 | 6.41 | 4.56 | ||
| 0.05 | 0.08 | 1.19 | 0.22 | 0.25 | 0.17 | 0.24 | ||
| 19.1% | 31.2% | 71.6% | 12.9% | 16.2% | 35.9% | 91.7% | ||
| 18.1% | 29.1% | 32.8% | 10.5% | 13.0% | 30.8% | 74.1% | ||
| 24.93 | 22.42 | 38.72 | 26.93 | 32.87 | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,511 | €1,214 | - | €1,412 | - |
| €744 | €880 | €1,835 | €2,066 | €3,037 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on LogiCode
The operating result for 2025 is 17% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 7.0% to 4.9%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, no change since 2023Director (not named in the articles)
appointed by deed of 27-12-2023
term without a fixed end
earlier manager, from 04-10-2018 to 27-12-2023
listed in the 2025 annual accounts, filed on 21-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each manager alonedeed of 04-10-2018
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
BoardEarlier
Mandates as a list
-
- Manager, appointed by deed of 04-10-2018, until 27-12-2023
- Director (not named in the articles), appointed by deed of 27-12-2023, still in office
Control
Founders
,
This company
LogiCode
Equity €178,807
Profit €34,076 in 2025
Capital
- Contribution
- €18,550
- Shares
- 100
- Contribution per share
- €186
- Equity per share
- €1,788 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 04-10-2018 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “7) De jaarvergadering heeft plaats op de laatste vrijdag der maand juni om 17 uur, en voor de eerste maal op vrijdag 26 juni 2020, in de…”
Shareholders
At incorporation
deed of 04-10-2018 ↗
- €9,275
- €9,275
Capital transactions
Capital over time
- 27-12-2023 Converted to unavailable equity
- 04-10-2018 Incorporation · €18,550 · 100 shares
Network & group
No group
LogiCode has no parent and no holdings in its annual accounts. is the only director. LogiCode shares no director with another company.
Timeline
Timeline
16 events since 2018Board
Filings
Financial
Establishments
20182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0707618463
Annual accounts 2025 filed NBBmicro format · 10 days before the deadline
2025
Equity above €150,000 equity €178,807 ▲23.5% Equity rises from €144,731 to €178,807.
Annual accounts 2024 filed PDFmicro format · 9 days before the deadline
2024
Liquidity more than 7 times current ratio 14.28 The current ratio rises from 1.82 to 14.28. Short-term debt falls from €119,461 to €10,662.
Annual accounts 2023 filed PDFmicro format · 18 days before the deadline
2023
Highest result from 2019 to 2025 net €72,429 ▲338% The operating result of €93,877 and the net result of €72,429 are both a record.
Change of role: , from manager to directorGeneral meeting of 12-12-20234 points ▸
- General meeting, 12-12-2023
- Director resignation, (manager)
- Director appointment, (director (not named in the articles))
- Registered office clause, Noord-Zuidstraat 21, 3582 Beringen (Koersel)
- The deed holds 5 more points.
Annual accounts 2022 filed PDFmicro format · on the deadline day
2022
Annual accounts 2021 filed PDFabbreviated format · 3 days before the deadline
2021
Weakest financial year net €16,473 ▼47% The net result drops to €16,473, the lowest from 2019 to 2025. It recovers the following year.
Equity above €100,000 equity €101,384 ▲17.2% With a profit in every financial year since 2019, equity grows to €101,384.
Annual accounts 2020 filed PDFmicro format · 12 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 26 days late
2018
IncorporationFounding capital of €18,550, 100 shares, €6,200 paid up · Founders: and · Appointment: (manager) · published on 04-10-20184 points ▸
- Founder,
- Founder,
- Founding capital, €18,550, 100 shares
- Director appointment, (manager)
- The deed holds 2 more points.
First establishment Noord-Zuidstraat 21, Beringen
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
Company details
Identity
- Enterprise number
- 0707.618.463
- VAT number
- BE 0707.618.463
- Peppol ID
- 0208:0707618463
- Other Peppol ID
- 9925:BE0707618463
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 02-10-2018
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “7) De jaarvergadering heeft plaats op de laatste vrijdag der maand juni om 17 uur, en voor de eerste maal op vrijdag 26 juni 2020, in de…”deed of 04-10-2018 (in Dutch)
- Peppol
- Reachable since 01-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- LogiCode in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 202563100
Computing infrastructure, data processing, hosting and related activities main activity
Codes under NACEBEL 2008
63110
Computing infrastructure, data processing, hosting and other information service activities main activity
18130
Pre-press and pre-media services
62090
Computer programming, consultancy and related activities
70220
Business consulting
74103
Other professional, scientific and technical activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het ontwerpen,uitvoeren van industriële toepassingen en processen,waaronder utilities,process automatisatie.Import en export,aan- en…”deed of 04-10-2018 (in Dutch)
7 activities
- Het ontwerpen,uitvoeren van industriële toepassingen en processen,waaronder utilities,process automatisatie.Import en export,aan- en verkoop,herstellen en aanpassen,groot- en kleinhandel in software en hardware.Consultancy,waaronder het verlenen van informaticadiensten,het inrichten van cursussen,en het geven van lessen in algemene zin
- Ontwerpen en programmeren van computerprogramma’s,user interfaces en webpagina’s
- Gegevensverwerking,web hosting en aanverwante activiteiten
- Verkoop van grafische en digitale designs
- Al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant:invoeren van gegevens–volledige verwerking van gegevens
- Permanent beheren van en werken met gegevensverwerkende apparatuur van derden
- Aanbieden en commercialiseren van reclame op het net
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Noord-Zuidstraat 21 registered office 3582 Beringen | 02-10-2018 | 2.280.750.112 |
Buildings and parcels at the address
- Ground area
- 985 m²
- Buildings
- 112 m²
- Volume, LiDAR
- 733 m³
- Tallest building
- 9.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71029B1899/00R000 | 985 m² | 1 · 112 m² | 9.3 m · 2 |