LogicSense

Active Private limited companyfounded 2020active for 6 yearsDijkstraat 120D, 9120 Beveren-Kruibeke-ZwijndrechtKBO/BCE: BE 0755.718.783

LogicSense

Follow Report Compare

Overview

Lifetime

5 annual accounts with figures on one time axis

Compare with

Gross marginpeak €82,401 (2021)

€30,785▼ 5.2%

Resultlowest -€1,843 (2022)

€15,604▼ 8.3%

Equitypeak €130,748 (2025)

€130,748▲ 13.6%

Debts

€16,861▲ 281%

Board2 names since 2020

2 directorsSebastiaan Schelfaut and 1 other

Documentsfilings and deeds

08-07-202623 days before the deadline

2025micro format

Equity from €115,144 to €130,748Debts from €4,427 to €16,861Cash from €85,875 to €48,057

Key points

from the 2025 annual accounts

Equity

€130,748 ▲ 13.6%

LogicSense has made a profit without a break since 2023.

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Liquidity

8.40 was 25.54 in 2024

Short-term debts rose from €4,383 to €16,861.

Filings

5 annual accounts since 2021

The last five annual accounts were filed 8 to 26 days before the end of the period.

Board

1 left

A director left. Latest change 16-04-2026 · 1 in office.

Position in the sector

88.6%

Higher solvency than 86% of companies in computer programming and consultancy. Sector median 60.0% · 21,186 companies.

Checked score

Excellent

Financially stronger than 66% of micro companies in computer programming and consultancy (NACE 62)

Probability in this band: under 0.55%

Bankruptcy probability within 12 months 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,923 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength

Strong

Solvency

100=equity 88.6% of total assets

Liquidity

90-10short-term debt 11.4% · cash 32.6%

Profitability

82-5return on assets 10.6%

Score breakdown

raises risk

1 change of registered office in 24 months

lowers risk

Sector: Computer programming, consultancy and related activities (NACE 62)

Liquidity: current ratio 8.40, cash €48,057

Equity €130,748 (88.6% of total assets)

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 62, micro). It does better than 85% of them on solvency, 76% on liquidity, 43% on profitability and 60% on growth.

The bankruptcy probability was computed on 05-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as LogicSense has now. Each dot stands for 68 companies, two years later.

94.9%

were still trading

3.4%

stopped another way

1.6%

went bankrupt

Micro
5 to 10 years old
solvency 30% or more
a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of LogicSense itself is lower: 0.1% within 12 months. It rests on far more data about LogicSense than the profile alone.

Test of the method

The method was tested on the 497,447 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	3.0%	3.1%
10	5.6%	6.2%

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 26,972 companies, not a prediction for LogicSense. 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 of up to €12,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 8.4 (25.54 in 2024), above the usual 1.5. Short-term debt is 11.4% and cash 32.6% of total assets. 11.4% of the assets are financed with debt and provisions.

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

Five signals.

lowers riskraises riskneutral

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Liquidity: current ratio 8.40, cash €48,057

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Equity €130,748 (88.6% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

23 days early

2024

8 days early

2023

21 days early

2022

26 days early

2021

16 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 19 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 of the last 5 accounts filed within 30 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

06-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

Kim Wouters

Director, since 01-04-2023

Board & ownership

Recent changes

20-10-2026

Registered office moved within Beveren-Kruibeke-Zwijndrecht New registered office: Hertogin Margarethalaan 4, 9120 Beveren - Kruibeke - Zwijndrecht · Previous registered office: Dijkstraat 120D, 9120 Beveren - Kruibeke - Zwijndrecht (Beveren-Waas), België · Resignation: Sebastiaan Schelfaut (director) · General meeting of 13-10-2026 · Gazette deed

02-06-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0755718783

03-05-2023

Registered office moved to Meisele New registered office: Dijkstraat 120D te 9120 Meisele · Appointment: Kim Wouters (director) · Board meeting of 28-03-2023 · Gazette deed

05-10-2020

Incorporation published on 07-10-2020 · Gazette deed

All 15 events

Comparable companies

same main activity, similar in size and age

Company	Total assets	Gross margin	Solvency	Staff
LogicSense Beveren-Kruibeke-Zwijndrecht	€147,608	€30,785	88.6%	-
Business IT Projects Beveren-Kruibeke-Zwijndrecht	€156,751	€31,183	79.3%	-
J&O Wetteren	€154,705	€31,834	69.9%	-
Blueocean 1 Ghent	€150,207	€33,328	92.3%	-
IT-BUCK Brussels	€130,291	€31,380	37.0%	-
42 Reasons Soignies	€140,385	€34,932	39.1%	-
BBM INVEST Ixelles	€123,600	€30,304	31.9%	-

These companies have the same main activity as LogicSense: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €124,000 and €157,000, founded between 2019 and 2021.

Official details

Source: KBO

Status: Active since 05-10-2020Normal situation
Activity: Computer consultancy and computer facilities managementNACE 62200
Establishment unit: 2.308.835.9669120 Beveren-Kruibeke-Zwijndrecht, since 05-10-2020
Financial year end: 31 December
Peppol: Reachable since 02-06-2026

Company details

Annual accounts 2025

Gross margin: €30,785▼ 5.2%
Profit: €15,604▼ 8.3%
Equity: €130,748▲ 13.6%
Total assets: €147,608▲ 23.4%
Filing: Filed on 08-07-2026, 23 days before the end of the filing period

Financials

Insights on LogicSense

LogicSense files the micro format. That format states no turnover. The gross margin fell from €82,401 in 2021 to €30,785 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 08-07-2026, 23 days before the deadline

Gross margin

€30,785

▼ 5.2%

Operating result

€26,884

▼ 6.7%

Profit

€15,604

▼ 8.3%

Working capital

€124,751

▲ 16.0%

Solvency

88.6%

▼ 7.7 percentage points

Current ratio

8.40

▼ 17.14

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 ≈ €110,000. Estimated: probably between €84,000 and €140,000.

Balance sheet

balance sheet total €147,608 on 31-12-2025

What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Compare with sector

Solvency88.6%

Higher than 86% of 21,186 companies in 2025.

Current ratio8.40

Higher than 86% of 20,549 companies in 2025.

Return on assets10.6%

Higher than 36% of 20,725 companies in 2025.

LogicSense Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · 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	2025	2024	2023	2022	2021
Balance sheet: assets
Total assets`20/58`	147,608	119,571	110,611	82,439	85,409
Fixed assets`21/28`	5,996	7,620	8,171	2,869	5,448
Intangible fixed assets`21`	2,304	3,024	1,734	2,869	5,448
Tangible fixed assets`22/27`	3,692	4,597	6,437	-	-
Land and buildings`22`	-	0	3,779	-	-
Furniture and vehicles`24`	1,583	1,652	2,658	-	-
Other tangible fixed assets`26`	2,109	2,944	-	-	-
Current assets`29/58`	141,612	111,951	102,440	79,571	79,962
Stocks and contracts in progress`3`	0	586	-	-	-
Stocks`30/36`	0	586	-	-	-
Amounts receivable within one year`40/41`	21,603	12,065	25,162	2,630	286
Trade receivables`40`	21,316	5,778	21,741	726	-
Other amounts receivable`41`	287	6,287	3,421	1,904	286
Current investments`50/53`	60,000	-	-	-	-
Cash at bank and in hand`54/58`	48,057	85,875	63,913	76,446	79,623
Deferred charges and accrued income`490/1`	11,952	13,424	13,365	495	53
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	147,608	119,571	110,611	82,439	85,409
Equity`10/15`	130,748	115,144	98,123	59,667	61,510
Contributions`10/11`	3,000	3,000	3,000	3,000	3,000
Reserves`13`	127,748	112,144	95,123	58,510	58,510
Distributable reserves`133`	127,748	112,144	95,123	58,510	58,510
Profit (loss) carried forward`14`	-	-	0	-1,843	-
Amounts payable`17/49`	16,861	4,427	12,488	22,772	23,899
Amounts payable within one year`42/48`	16,861	4,383	11,026	22,772	23,899
Trade debts`44`	8,469	524	847	1,273	1,849
Suppliers`440/4`	8,469	524	847	1,273	1,849
Taxes, remuneration and social security`45`	7,570	3,693	9,573	21,499	21,499
Taxes`450/3`	7,570	3,693	9,413	21,499	21,499
Remuneration and social security`454/9`	-	0	160	-	-
Other amounts payable`47/48`	821	167	606	0	551
Accrued charges and deferred income`492/3`	0	44	1,462	-	-
Income statement
Gross operating margin`9900`	30,785	32,460	57,052	967	82,401
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	2,853	2,650	3,389	2,579	2,289
Other operating charges`640/8`	1,048	995	600	102	101
Operating profit (loss)`9901`	26,884	28,815	53,063	-1,714	80,011
Financial income`75/76B`	381	168	2	12	-
Recurring financial income`75`	381	168	2	12	-
Financial charges`65/66B`	3,937	4,250	369	141	1
Recurring financial charges`65`	3,937	4,250	369	141	1
Profit (loss) for the period before taxes`9903`	23,328	24,734	52,696	-1,843	80,009
Income taxes`67/77`	7,724	7,713	14,240	0	21,499
Profit (loss) for the period`9904`	15,604	17,021	38,456	-1,843	58,510
Profit (loss) for the period to be appropriated`9905`	15,604	17,021	38,456	-1,843	58,510
Appropriation of the result
Profit (loss) to be appropriated`9906`	15,604	17,021	36,613	-1,843	58,510
Profit (loss) brought forward from the previous period`14P`	-	0	-1,843	-	-
Transfer to equity`691/2`	15,604	17,021	36,613	0	58,510
To other reserves`6921`	15,604	17,021	36,613	0	58,510
Document	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 8 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 08-07-2026.

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	08-07-2026	2026-00269051	PDF
31-12-2024	micro format	23-07-2025	2025-00299875	PDF
31-12-2023	micro format	10-07-2024	2024-00231187	PDF
31-12-2022	micro format	05-07-2023	2023-00204708	PDF
31-12-2021	micro format	15-07-2022	2022-20189355	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2025	2024	2023	2022	2021
EBITDA	29,737	31,466	56,452	865	82,300
Cash flow	18,457	19,671	41,845	736	60,800
Investment in fixed assets (approximation)	1,229	2,100	8,691	0	7,737
Change in cash	-37,818	21,962	-12,533	-3,177	-
Working capital	124,751	107,567	91,414	56,798	56,063
Solvency	88.6%	96.3%	88.7%	72.4%	72.0%
Current ratio	8.40	25.54	9.29	3.49	3.35
Quick ratio	8.40	25.41	9.29	3.49	3.35
Debt to equity	0.13	0.04	0.13	0.38	0.39
ROE	11.9%	14.8%	39.2%	-3.1%	95.1%
ROA	10.6%	14.2%	34.8%	-2.2%	68.5%
Interest coverage	7.55	7.40	over 100	6.15	over 100

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	€1,229	-	€7,191	-	-
Intangible fixed assets	-	€2,100	€1,500	-	€7,737
Depreciation and write-downs of the year	€2,853	€2,650	€3,389	€2,579	€2,289

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

Insights on LogicSense

The operating result for 2025 is 7% 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 rises from 3.7% to 11.4%. Equity and debt are higher.

Board & ownership

Board

1 director, last change in April 2026

Kim Wouters

Director

since 01-04-2023 term without a fixed end

listed in the 2025 annual accounts, filed on 08-07-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Kim Wouters
Director

Sebastiaan Schelfaut
Director

BoardEarliermandate already running before its first mention

Mandates as a list

Kim Wouters
- Director, since before 31-12-2022
Sebastiaan Schelfaut
- Director, from 05-10-2020 to 16-04-2026

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

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €3,000
Source: 2025 annual accounts

Network & group

No group

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

Timeline

15 events since 2020

Board

Filings

Financial

Establishments

Address

2020202220242026

Deadline for the 2026 accounts: 31-07-2027

2026

20-10-2026

Registered office moved within Beveren-Kruibeke-ZwijndrechtNew registered office: Hertogin Margarethalaan 4, 9120 Beveren - Kruibeke - Zwijndrecht · Previous registered office: Dijkstraat 120D, 9120 Beveren - Kruibeke - Zwijndrecht (Beveren-Waas), België · Resignation: Sebastiaan Schelfaut (director) · General meeting of 13-10-20263 points ▸

General meeting, 13-10-2026
Registered-office move, Hertogin Margarethalaan 4, 9120 Beveren - Kruibeke - Zwijndrecht
Director resignation, Sebastiaan Schelfaut

Open the deed in the Belgian Official Gazette

08-07-2026

Annual accounts 2025 filed NBBmicro format · 23 days before the deadline

02-06-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0755718783

2025

23-07-2025

Annual accounts 2024 filed PDFmicro format · 8 days before the deadline

2024

31-12-2024

Liquidity more than doubled current ratio 25.54 The current ratio rises from 9.29 to 25.54. Short-term debt falls from €11,026 to €4,383.

31-12-2024

Equity above €100,000 equity €115,144 ▲17.3% After 2 profitable years in a row, equity reaches €115,144.

10-07-2024

Annual accounts 2023 filed PDFmicro format · 21 days before the deadline

2023

31-12-2023

Back to profit net €38,456 The net result is €38,456, after one loss-making year.

31-12-2023

Liquidity more than doubled current ratio 9.29 The current ratio rises from 3.49 to 9.29. Short-term debt falls from €22,772 to €11,026.

05-07-2023

Annual accounts 2022 filed PDFmicro format · 26 days before the deadline

03-05-2023

Registered office moved to MeiseleNew registered office: Dijkstraat 120D te 9120 Meisele · Appointment: Kim Wouters (director) · Board meeting of 28-03-20233 points ▸

Board meeting, 28-03-2023
Registered-office move, Dijkstraat 120D te 9120 Meisele
Director appointment, Kim Wouters

Open the deed in the Belgian Official Gazette

2022

31-12-2022

Weakest financial year net -€1,843 The net result drops to -€1,843, the lowest from 2021 to 2025. It recovers the following year.

15-07-2022

Annual accounts 2021 filed PDFmicro format · 16 days before the deadline

2020

05-10-2020

Incorporation PDFpublished on 07-10-2020

05-10-2020

First establishment Dijkstraat 120D, Beveren-Kruibeke-Zwijndrecht

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

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

LogicSense was incorporated on 5 October 2020 as a private limited company.¹ The registered office was moved to Meisele in 2023.² Total assets rose from €85,409 in 2021 to €147,608 in 2025.³

Company details

Identity

Enterprise number: 0755.718.783
VAT number: BE 0755.718.783
Peppol ID: 0208:0755718783
Other Peppol ID: 9925:BE0755718783
Legal form: Private limited company
Status: Active, normal situation
Founded: 05-10-2020
Financial year: ends on 31 December
Peppol: Reachable since 02-06-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: LogicSense in Dutch
Entity type: Legal entity

Activities

NACEBEL 2025

62200 Computer consultancy and computer facilities management main activity

Codes under NACEBEL 2008

62020 IT consultancy main activity

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Dijkstraat 120D registered office 9120 Beveren-Kruibeke-Zwijndrecht	05-10-2020	2.308.835.966

Buildings and parcels at the address

Ground area: 1,553 m²
Buildings: 174 m²
Volume, LiDAR: 15 m³
Tallest building: 3.8 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
46016C1196/00K000	1,553 m²	1 · 174 m²	3.8 m

Overview

Lifetime

Key points

Equity

Turnover

Liquidity

Filings

Board

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on LogicSense

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency88.6%

Current ratio8.40

Return on assets10.6%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on LogicSense

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels