LOGIFLEX
ActiveSummary
The computed 12-month bankruptcy probability of LOGIFLEX is 3.9% (moderate). The 2025 annual accounts show equity of €108k and a net result of €3k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 28% of 4654 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-9
Solvency41▼-7
Growth52=
Track record84
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 0.97 in 2024; short-term debt: 83.2% and cash: 12.3% of total assets), and 83.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 27-10-2025, 4 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
4 d early
2024
6 d early
2023
29 d late
2022
6 d early
2021
30 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Checked, nothing found (1)
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 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€108k▲ 2.8%
2024 · €105k
2019: €8klowest in 7 years
2020: €30k▲ +268% vs 2019
2021: €93k▲ +208% vs 2020
2022: €98k▲ +5.1% vs 2021
2023: €92k▼ -6.1% vs 2022
2024: €105k▲ +13.6% vs 2023
2025: €108k▲ +2.8% vs 2024highest in 7 years
2019 → 2025
Total assets
€653k▲ 41.2%
2024 · €462k
2019: €8klowest in 7 years
2020: €194k▲ +2251% vs 2019
2021: €857k▲ +341% vs 2020
2022: €980k▲ +14.4% vs 2021highest in 7 years
2023: €306k▼ -68.7% vs 2022
2024: €462k▲ +51.0% vs 2023
2025: €653k▲ +41.2% vs 2024
2019 → 2025
Net result
€3k▼ 76.8%
2024 · €13k
2020: €22k
2021: €63k▲ +185% vs 2020highest in 6 years
2022: €5k▼ -92.4% vs 2021
2023: €-6k▼ -226% vs 2022lowest in 6 years
2024: €13k▲ +308% vs 2023
2025: €3k▼ -76.8% vs 2024
2020 → 2025
Working capital
€36k
2024 · €-11k
2020: €91k
2021: €85k▼ -6.5% vs 2020
2022: €96k▲ +13.3% vs 2021highest in 6 years
2023: €91k▼ -5.0% vs 2022
2024: €-11k▼ -112% vs 2023lowest in 6 years
2025: €36k▲ +435% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€98k▲ 5.1%€92k▼ 6.1%€105k▲ 13.6%€108k▲ 2.8%
2021: €93k
2022: €98k▲ +5.1% vs 2021
2023: €92k▼ -6.1% vs 2022lowest in 5 years
2024: €105k▲ +13.6% vs 2023
2025: €108k▲ +2.8% vs 2024highest in 5 years
Operating result€96k-€1k▼ 98.9%€-9k€26k€18k▼ 30.5%
2021: €96khighest in 5 years
2022: €1k▼ -98.9% vs 2021
2023: €-9k▼ -916% vs 2022lowest in 5 years
2024: €26k▲ +386% vs 2023
2025: €18k▼ -30.5% vs 2024
Net result€63k-€5k▼ 92.4%€-6k€13k€3k▼ 76.8%
2021: €63khighest in 5 years
2022: €5k▼ -92.4% vs 2021
2023: €-6k▼ -226% vs 2022lowest in 5 years
2024: €13k▲ +308% vs 2023
2025: €3k▼ -76.8% vs 2024
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 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €653k
Fixed assets
€73k ▼ 37.9%
Current assets
€580k ▲ 68.3%
Equity and liabilities €653k
Equity
€108k ▲ 2.8%
Debt
€545k ▲ 52.5%
Debt's share of the balance-sheet total rises from 77.3% to 83.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▼
2024 · €40k
Cash flow
€22k▼
2024 · €27k
Current ratio
1.07▲
2024 · 0.97
Debt to equity
5.06▲
2024 · 3.41
ROE
2.7%▼
2024 · 12.0%
ROA
0.4%▼
2024 · 2.7%
Interest coverage
5.21▼
2024 · 6.76
Debt ≤ 1 year
€544k▲
2024 · €355k
Income taxes
€8k▲
2024 · €7k
Staff costs
€366k▲
2024 · €362k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€462k€653k▲
Fixed assets21/28€118k€73k▼
Tangible fixed assets22/27€118k€73k▼
Furniture and vehicles24€118k€73k▼
Current assets29/58€344k€580k▲
Amounts receivable within one year40/41€342k€496k▲
Trade receivables40-€158k
Other amounts receivable41€342k€338k▼
Cash at bank and in hand54/58€2k€80k▲
Deferred charges and accrued income490/1€317€4k▲
Equity and liabilities
Total equity and liabilities10/49€462k€653k▲
Equity10/15€105k€108k▲
Contributions10/11€13k€13k=
Reserves13€80k€80k=
Distributable reserves133€80k€80k=
Profit (loss) carried forward14€13k€15k▲
Amounts payable17/49€358k€545k▲
Amounts payable within one year42/48€355k€544k▲
Trade debts44€197k€436k▲
Suppliers440/4€197k€436k▲
Advances received on contracts in progress46€39k€0▼
Taxes, remuneration and social security45€68k€82k▲
Taxes450/3€39k€47k▲
Remuneration and social security454/9€29k€35k▲
Other amounts payable47/48€51k€26k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€362k€366k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€19k▲
Other operating charges640/8€10k€26k▲
Gross operating margin9900€412k€429k▲
Operating profit (loss)9901€26k€18k▼
Financial income75/76B€9€200▲
Recurring financial income75€9€200▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€20k€11k▼
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€13k€3k▼
Profit (loss) for the period to be appropriated9905€13k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€15k▲
Profit (loss) brought forward from the previous period14P-€13k
Transfer from equity791/2€0-
The notes to these accounts (15 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 | - | - | €67k | €0 | - | - |
| Remuneration, social security and pensions62 | - | €106k | €176k | €362k | €366k | ▲ 1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €1k | €1k | €14k | €19k | ▲ 35.9% |
| Other operating charges640/8 | - | €3k | €3k | €10k | €26k | ▲ 147% |
| Non-recurring operating charges66A | - | €4k | - | - | - | - |
| Gross operating margin9900 | €112k | €115k | €171k | €412k | €429k | ▲ 4.2% |
| Operating profit (loss)9901 | €96k | €1k | €-9k | €26k | €18k | ▼ 30.5% |
| Financial income75/76B | - | €9k | €5k | €9 | €200 | ▲ 2,068% |
| Recurring financial income75 | - | €9k | €5k | €9 | €200 | ▲ 2,068% |
| Financial charges65/66B | - | €2k | €2k | €6k | €7k | ▲ 20.7% |
| Recurring financial charges65 | €641 | €2k | €2k | €6k | €7k | ▲ 20.7% |
| Profit (loss) for the period before taxes9903 | €95k | €8k | €-6k | €20k | €11k | ▼ 44.8% |
| Income taxes67/77 | €32k | €3k | - | €7k | €8k | ▲ 11.6% |
| Profit (loss) for the period9904 | €63k | €5k | €-6k | €13k | €3k | ▼ 76.8% |
| Profit (loss) for the period to be appropriated9905 | €63k | €5k | €-6k | €13k | €3k | ▼ 76.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €857k | €980k | €306k | €462k | €653k | ▲ 41.2% |
| Fixed assets21/28 | €9k | €2k | €970 | €118k | €73k | ▼ 37.9% |
| Tangible fixed assets22/27 | €9k | €2k | €970 | €118k | €73k | ▼ 37.9% |
| Furniture and vehicles24 | - | €2k | €970 | €118k | €73k | ▼ 37.9% |
| Current assets29/58 | €848k | €978k | €305k | €344k | €580k | ▲ 68.3% |
| Amounts receivable within one year40/41 | €846k | €972k | €300k | €342k | €496k | ▲ 45.0% |
| Trade receivables40 | - | €836k | €0 | - | €158k | - |
| Other amounts receivable41 | - | €136k | €300k | €342k | €338k | ▼ 1.1% |
| Cash at bank and in hand54/58 | €900 | €4k | €1k | €2k | €80k | ▲ 3,397% |
| Deferred charges and accrued income490/1 | - | €1k | €4k | €317 | €4k | ▲ 1,221% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €857k | €980k | €306k | €462k | €653k | ▲ 41.2% |
| Equity10/15 | €93k | €98k | €92k | €105k | €108k | ▲ 2.8% |
| Contributions10/11 | - | €13k | €13k | €13k | €13k | = |
| Reserves13 | €81k | €86k | €80k | €80k | €80k | = |
| Distributable reserves133 | - | €86k | €80k | €80k | €80k | = |
| Profit (loss) carried forward14 | €-4k | - | - | €13k | €15k | ▲ 23.2% |
| Amounts payable17/49 | €763k | €881k | €214k | €358k | €545k | ▲ 52.5% |
| Amounts payable within one year42/48 | €763k | €881k | €214k | €355k | €544k | ▲ 53.0% |
| Trade debts44 | €702k | €815k | €80k | €197k | €436k | ▲ 121% |
| Suppliers440/4 | - | €815k | €80k | €197k | €436k | ▲ 121% |
| Advances received on contracts in progress46 | - | - | €28k | €39k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €66k | €40k | €68k | €82k | ▲ 21.4% |
| Taxes450/3 | - | €51k | €23k | €39k | €47k | ▲ 21.0% |
| Remuneration and social security454/9 | - | €15k | €17k | €29k | €35k | ▲ 21.9% |
| Other amounts payable47/48 | - | - | €66k | €51k | €26k | ▼ 49.9% |
| Accrued charges and deferred income492/3 | - | - | - | €2k | €2k | ▼ 26.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63k | €5k | €-6k | €13k | €3k | ▼ 76.8% |
| + Depreciation and write-downs630 | €3k | €1k | €1k | €14k | €19k | ▲ 35.9% |
| Operating cash flow (approximation) | €66k | €6k | €-5k | €27k | €22k | ▼ 17.2% |
| Investment in fixed assets (approximation) | - | €5k | €0 | €-131k | €26k | ▲ 119% |
| Change in cash | - | €3k | €-3k | €1k | €78k | ▲ 7,225% |
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
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
27-06
KBO administration
Address strikeout annulled
16-05
KBO administration
Address struck
Sint-Hubertstraat 57 Die Sitzadresse Sint-Hubertstraat 57 9800
Deinze · event 24-03-2025
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-03
Financial
Equity above €100kEq €105k ▲13.6%
Equity rises from €92k to €105k.
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
31-03
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2020net €63k ▲185%
Operating result €96k, net result €63k, both a record.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Wingene · 1 establishment unit since 2016
Ground area
1,544 m²
Building footprint
697 m²
Volume, LiDAR
4,788 m³
Parcel 37012C0284/00C000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Industriestraat 30, 8755 Wingene
since 20162.258.332.917
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012C0284/00C000 | Flanders | 1,544 m² | 1 · 697 m² | 7.7 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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 6,365 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
Founded22-08-2016
Fiscal year end31-03
Activities, NACEBEL 2025
49410Freight transport by road
49200Land transport and transport via pipelines
50200Water transport
50400Inland freight water transport
77120Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.