LOGIDRIVE
ActiveSummary
LOGIDRIVE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.30M and a net result of €705k. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 1424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▼-12
Solvency53▼-23
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.6 in 2024; short-term debt: 43.5% and cash: 17.9% of total assets), and 72.1% of the assets are financed with debt.
Credit check for your own amount and term
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.9%
Return on assets
15.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
83 d early
2023
90 d early
2022
27 d early
2021
135 d early
2020
32 d early
2019
92 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€705k▲ 5.9%
2024 · €666k
2018: €515k
2019: €329k▼ -36.2% vs 2018lowest in 8 years
2020: €403k▲ +22.5% vs 2019
2021: €586k▲ +45.4% vs 2020
2022: €636k▲ +8.6% vs 2021
2023: €491k▼ -22.8% vs 2022
2024: €666k▲ +35.6% vs 2023
2025: €705k▲ +5.9% vs 2024highest in 8 years
2018 → 2025
Working capital
€99k▼ 83.3%
2024 · €591k
2018: €-348k
2019: €-414k▼ -19.1% vs 2018
2020: €-472k▼ -14.0% vs 2019lowest in 8 years
2021: €-240k▲ +49.2% vs 2020
2022: €53k▲ +122% vs 2021
2023: €230k▲ +337% vs 2022
2024: €591k▲ +157% vs 2023highest in 8 years
2025: €99k▼ -83.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€587k-€823k▲ 40.2%€914k▲ 11.1%€1.18M▲ 29.1%€1.30M▲ 10.0%
2021: €587klowest in 5 years
2022: €823k▲ +40.2% vs 2021
2023: €914k▲ +11.1% vs 2022
2024: €1.18M▲ +29.1% vs 2023
2025: €1.30M▲ +10.0% vs 2024highest in 5 years
Operating result€843k-€867k▲ 2.8%€669k▼ 22.8%€875k▲ 30.9%€1.01M▲ 15.6%
2021: €843k
2022: €867k▲ +2.8% vs 2021
2023: €669k▼ -22.8% vs 2022lowest in 5 years
2024: €875k▲ +30.9% vs 2023
2025: €1.01M▲ +15.6% vs 2024highest in 5 years
Net result€586k-€636k▲ 8.6%€491k▼ 22.8%€666k▲ 35.6%€705k▲ 5.9%
2021: €586k
2022: €636k▲ +8.6% vs 2021
2023: €491k▼ -22.8% vs 2022lowest in 5 years
2024: €666k▲ +35.6% vs 2023
2025: €705k▲ +5.9% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.66M
Fixed assets
€2.53M ▲ 251%
Current assets
€2.12M ▲ 34.3%
Equity and liabilities €4.66M
Equity
€1.30M ▲ 10.0%
Debt
€3.36M ▲ 199%
Debt's share of the balance-sheet total rises from 48.8% to 72.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.38M▲
2024 · €1.05M
Cash flow
€1.07M▲
2024 · €838k
Current ratio
1.05▼
2024 · 1.60
Debt to equity
2.59▲
2024 · 0.95
ROE
54.3%▼
2024 · 56.4%
ROA
15.1%▼
2024 · 28.9%
Interest coverage
15.71▼
2024 · 30.48
Debt ≤ 1 year
€2.02M▲
2024 · €990k
Debt > 1 year
€1.33M▲
2024 · €124k
Income taxes
€415k▲
2024 · €203k
Staff costs
€1.03M▲
2024 · €712k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.30M€4.66M▲
Fixed assets21/28€723k€2.53M▲
Intangible fixed assets21€487k€1.98M▲
Tangible fixed assets22/27€236k€551k▲
Land and buildings22€110k€439k▲
Furniture and vehicles24€125k€112k▼
Financial fixed assets28€273€273=
Current assets29/58€1.58M€2.12M▲
Amounts receivable after more than one year29-€1k
Other amounts receivable291-€1k
Amounts receivable within one year40/41€883k€1.28M▲
Trade receivables40€881k€1.28M▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€684k€834k▲
Deferred charges and accrued income490/1€14k€7k▼
Equity and liabilities
Total equity and liabilities10/49€2.30M€4.66M▲
Equity10/15€1.18M€1.30M▲
Contributions10/11€162k€162k=
Capital10€162k€162k=
Issued capital100€262k€262k=
Uncalled capital101€100k€100k=
Reserves13€48k€48k=
Non-distributable reserves130/1€26k€26k=
Reserves not available under the articles1311€26k€26k=
Tax-exempt reserves132€22k€22k=
Profit (loss) carried forward14€970k€1.09M▲
Amounts payable17/49€1.12M€3.36M▲
Amounts payable after more than one year17€124k€1.33M▲
Financial debts170/4€124k€1.33M▲
Amounts payable within one year42/48€990k€2.02M▲
Current portion of amounts payable after more than one year42€48k€427k▲
Trade debts44€243k€436k▲
Suppliers440/4€243k€436k▲
Taxes, remuneration and social security45€313k€621k▲
Taxes450/3€156k€377k▲
Remuneration and social security454/9€157k€244k▲
Other amounts payable47/48€385k€540k▲
Accrued charges and deferred income492/3€10k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€3k€3k▼
Remuneration, social security and pensions62€712k€1.03M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171k€365k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€9k
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€4k€11k▲
Gross operating margin9900€1.77M€2.43M▲
Operating profit (loss)9901€875k€1.01M▲
Financial income75/76B€28k€308k▲
Recurring financial income75€28k€308k▲
Non-recurring financial income76B€0-
Financial charges65/66B€34k€200k▲
Recurring financial charges65€34k€88k▲
Non-recurring financial charges66B-€113k
Profit (loss) for the period before taxes9903€870k€1.12M▲
Income taxes67/77€203k€415k▲
Profit (loss) for the period9904€666k€705k▲
Profit (loss) for the period to be appropriated9905€666k€705k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.37M€1.65M▲
Profit (loss) brought forward from the previous period14P€704k€943k▲
Profit to be distributed694/7€400k€560k▲
Return on contributions (dividend)694€300k€400k▲
Directors or managers695€100k€160k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3k | €3k | ▼ 14.9% |
| Remuneration, social security and pensions62 | - | €652k | €744k | €712k | €1.03M | ▲ 44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €257k | €210k | €221k | €171k | €365k | ▲ 113% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €9k | - |
| Other operating charges640/8 | - | €4k | €3k | €2k | €2k | ▲ 14.0% |
| Non-recurring operating charges66A | - | €4k | - | €4k | €11k | ▲ 155% |
| Gross operating margin9900 | €1.74M | €1.74M | €1.64M | €1.77M | €2.43M | ▲ 37.4% |
| Operating profit (loss)9901 | €843k | €867k | €669k | €875k | €1.01M | ▲ 15.6% |
| Financial income75/76B | - | €1k | €19k | €28k | €308k | ▲ 982% |
| Recurring financial income75 | €8k | €1k | €19k | €28k | €308k | ▲ 982% |
| Non-recurring financial income76B | - | - | - | €0 | - | - |
| Financial charges65/66B | - | €27k | €33k | €34k | €200k | ▲ 483% |
| Recurring financial charges65 | €33k | €27k | €33k | €34k | €88k | ▲ 155% |
| Non-recurring financial charges66B | - | - | - | - | €113k | - |
| Profit (loss) for the period before taxes9903 | €791k | €841k | €655k | €870k | €1.12M | ▲ 28.8% |
| Income taxes67/77 | €205k | €205k | €164k | €203k | €415k | ▲ 104% |
| Profit (loss) for the period9904 | €586k | €636k | €491k | €666k | €705k | ▲ 5.9% |
| Profit (loss) for the period to be appropriated9905 | €586k | €636k | €491k | €666k | €705k | ▲ 5.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.26M | €2.42M | €2.16M | €2.30M | €4.66M | ▲ 102% |
| Fixed assets21/28 | €1.04M | €942k | €819k | €723k | €2.53M | ▲ 251% |
| Intangible fixed assets21 | €982k | €796k | €611k | €487k | €1.98M | ▲ 307% |
| Tangible fixed assets22/27 | €61k | €146k | €207k | €236k | €551k | ▲ 134% |
| Land and buildings22 | - | €27k | €78k | €110k | €439k | ▲ 298% |
| Furniture and vehicles24 | - | €119k | €130k | €125k | €112k | ▼ 10.7% |
| Financial fixed assets28 | €273 | €273 | €273 | €273 | €273 | = |
| Current assets29/58 | €1.22M | €1.47M | €1.34M | €1.58M | €2.12M | ▲ 34.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €1k | - |
| Other amounts receivable291 | - | - | - | - | €1k | - |
| Amounts receivable within one year40/41 | €801k | €852k | €905k | €883k | €1.28M | ▲ 45.1% |
| Trade receivables40 | - | €851k | €903k | €881k | €1.28M | ▲ 45.2% |
| Other amounts receivable41 | - | €2k | €1k | €2k | €2k | ▲ 1.2% |
| Cash at bank and in hand54/58 | €417k | €621k | €435k | €684k | €834k | ▲ 21.9% |
| Deferred charges and accrued income490/1 | - | - | - | €14k | €7k | ▼ 51.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.26M | €2.42M | €2.16M | €2.30M | €4.66M | ▲ 102% |
| Equity10/15 | €587k | €823k | €914k | €1.18M | €1.30M | ▲ 10.0% |
| Contributions10/11 | - | €162k | €162k | €162k | €162k | = |
| Capital10 | - | €162k | €162k | €162k | €162k | = |
| Issued capital100 | - | €262k | €262k | €262k | €262k | = |
| Uncalled capital101 | - | €100k | €100k | €100k | €100k | = |
| Reserves13 | €48k | €48k | €48k | €48k | €48k | = |
| Non-distributable reserves130/1 | - | €26k | €26k | €26k | €26k | = |
| Reserves not available under the articles1311 | - | €26k | €26k | €26k | €26k | = |
| Tax-exempt reserves132 | - | €22k | €22k | €22k | €22k | = |
| Profit (loss) carried forward14 | €377k | €613k | €704k | €970k | €1.09M | ▲ 12.2% |
| Amounts payable17/49 | €1.67M | €1.59M | €1.25M | €1.12M | €3.36M | ▲ 199% |
| Amounts payable after more than one year17 | €187k | €170k | €135k | €124k | €1.33M | ▲ 973% |
| Financial debts170/4 | - | €170k | €135k | €124k | €1.33M | ▲ 973% |
| Amounts payable within one year42/48 | €1.46M | €1.42M | €1.11M | €990k | €2.02M | ▲ 105% |
| Current portion of amounts payable after more than one year42 | - | €323k | €49k | €48k | €427k | ▲ 781% |
| Trade debts44 | €275k | €433k | €492k | €243k | €436k | ▲ 79.1% |
| Suppliers440/4 | - | €433k | €492k | €243k | €436k | ▲ 79.1% |
| Taxes, remuneration and social security45 | - | €280k | €185k | €313k | €621k | ▲ 98.4% |
| Taxes450/3 | - | €140k | €75k | €156k | €377k | ▲ 141% |
| Remuneration and social security454/9 | - | €140k | €110k | €157k | €244k | ▲ 55.5% |
| Other amounts payable47/48 | - | €385k | €385k | €385k | €540k | ▲ 40.3% |
| Accrued charges and deferred income492/3 | - | €1k | €100 | €10k | €3k | ▼ 73.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €586k | €636k | €491k | €666k | €705k | ▲ 5.9% |
| + Depreciation and write-downs630 | €257k | €210k | €221k | €171k | €365k | ▲ 113% |
| Operating cash flow (approximation) | €843k | €846k | €712k | €838k | €1.07M | ▲ 27.8% |
| Investment in fixed assets (approximation) | - | €-109k | €-98k | €-75k | €-2.18M | ▼ 2,800% |
| Change in cash | - | €204k | €-185k | €248k | €150k | ▼ 39.7% |
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
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €705k ▲5.9%
Operating result €1.01M, net result €705k, both a record.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €1MEq €1.18M ▲29.1%
7 profitable years in a row build equity to €1.18M.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €500kEq €587k ▲46.4%
4 profitable years in a row build equity to €587k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €329k ▼36.2%
Net result drops to €329k, the lowest in the series; recovery starts the following year.
17-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
19 acts for this company are 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, Braine-l'Alleud · 1 establishment unit since 1998
Ground area
2,086 m²
Building footprint
829 m²
Volume, LiDAR
11,358 m³
Parcel 25744D0154/00M000, Wallonia · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
24
companies at this address
See who is registered here
1 establishment unit
Avenue du Japon 1, 1420 Braine-l'Alleud
since 19982.089.439.386
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25744D0154/00M000 | Wallonia | 2,086 m² | 1 · 829 m² | 18.7 m · 5 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600D9J49KDVONN887
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 7,070 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded02-11-1998
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
58290Other software publishing
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
Scores and ratios are computed by Checked and are not a credit decision.