LOGIK
InactiveLOGIK was declared bankrupt on 08-04-2024 (Tribunal de l’entreprise du Hainaut, division Charleroi); the bankruptcy was closed by liquidation by judgment of 23-02-2026, published in the Belgian State Gazette on 06-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 04-03-2024, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
33 d late
2022
28 d late
2021
on the day
2020
44 d late
2019
3 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 22 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Financials · fiscal year 2023, micro schema
Equity
-€329,213▼ 61.4%
2022 · -€203,993
Total assets
€100,288▼ 61.6%
2022 · €261,061
Net result
-€125,220▲ 52.0%
2022 · -€261,042
Working capital
-€226,178▼ 91.9%
2022 · -€117,868
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
Line20192020202120222023
Operating result-€3,052-€37,572-€9,409-€245,293▼ 2,507%-€115,684▲ 52.8%
Net result-€17,358-€19,143-€16,371-€261,042▼ 1,495%-€125,220▲ 52.0%
Equity€54,278-€73,421▲ 35.3%€57,050▼ 22.3%-€203,993-€329,213▼ 61.4%
Total assets€372,158-€341,340▼ 8.3%€298,676▼ 12.5%€261,061▼ 12.6%€100,288▼ 61.6%
Debt€317,881-€267,919▼ 15.7%€241,626▼ 9.8%€465,053▲ 92.5%€429,501▼ 7.6%
Working capital-€57,228--€20,895▲ 63.5%€20,238-€117,868-€226,178▼ 91.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €115,684 in 2023 against €245,293 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €100,288
Fixed assets
€26,735 ▼ 43.7%
Current assets
€73,553 ▼ 65.6%
Key figures and ratios
EBITDA
-€98,148▲
2022 · -€231,091
Cash flow
-€107,685▲
2022 · -€246,840
Solvency
-328.3%▼
2022 · -78.1%
Current ratio
0.25▼
2022 · 0.64
Quick ratio
0.11▼
2022 · 0.24
Debt to equity
-1.30▲
2022 · -2.28
ROA
-124.9%▼
2022 · -100.0%
Interest coverage
-11.82▲
2022 · -32.23
Debt ≤ 1 year
€299,731▼
2022 · €331,435
Debt > 1 year
€129,770▼
2022 · €133,618
Income taxes
€1,231▼
2022 · €9,023
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11,075 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,181 | €7,418 | €6,474 | €14,202 | €17,535 | ▲ 23.5% |
| Other operating charges640/8 | - | - | - | €10,073 | €29,107 | ▲ 189% |
| Non-recurring operating charges66A | - | - | - | €161,632 | €6,202 | ▼ 96.2% |
| Gross operating margin9900 | €15,390 | €48,836 | €6,650 | -€59,385 | -€62,840 | ▼ 5.8% |
| Operating profit (loss)9901 | -€3,052 | €37,572 | -€9,409 | -€245,293 | -€115,684 | ▲ 52.8% |
| Financial income75/76B | - | - | - | €444 | €0 | ▼ 100% |
| Recurring financial income75 | €654 | €1,384 | €1,624 | €444 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €7,170 | €8,306 | ▲ 15.8% |
| Recurring financial charges65 | €13,689 | €10,555 | €7,790 | €7,170 | €8,306 | ▲ 15.8% |
| Profit (loss) for the period before taxes9903 | -€16,087 | €27,602 | -€15,574 | -€252,019 | -€123,989 | ▲ 50.8% |
| Income taxes67/77 | €1,271 | €8,458 | €797 | €9,023 | €1,231 | ▼ 86.4% |
| Profit (loss) for the period9904 | -€17,358 | €19,143 | -€16,371 | -€261,042 | -€125,220 | ▲ 52.0% |
| Profit (loss) for the period to be appropriated9905 | -€17,358 | €19,143 | -€16,371 | -€261,042 | -€125,220 | ▲ 52.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €372,158 | €341,340 | €298,676 | €261,061 | €100,288 | ▼ 61.6% |
| Fixed assets21/28 | €146,711 | €128,142 | €64,462 | €47,493 | €26,735 | ▼ 43.7% |
| Intangible fixed assets21 | €11,102 | €6,354 | €1,606 | €39,354 | €22,824 | ▼ 42.0% |
| Tangible fixed assets22/27 | €16,445 | €8,624 | €6,898 | €6,974 | €2,747 | ▼ 60.6% |
| Furniture and vehicles24 | - | - | - | €6,974 | €2,747 | ▼ 60.6% |
| Financial fixed assets28 | €119,165 | €113,165 | €55,958 | €1,165 | €1,165 | = |
| Current assets29/58 | €225,447 | €213,198 | €234,214 | €213,568 | €73,553 | ▼ 65.6% |
| Stocks and contracts in progress3 | €6,240 | €64,545 | €74,650 | €134,231 | €39,416 | ▼ 70.6% |
| Stocks30/36 | - | - | - | €134,231 | €39,416 | ▼ 70.6% |
| Amounts receivable within one year40/41 | €210,754 | €143,956 | €156,117 | €78,098 | €19,710 | ▼ 74.8% |
| Trade receivables40 | - | - | - | €78,098 | €11,399 | ▼ 85.4% |
| Other amounts receivable41 | - | - | - | - | €8,310 | - |
| Current investments50/53 | €200 | €200 | €200 | €200 | €200 | = |
| Cash at bank and in hand54/58 | €5,657 | €2,336 | €3,247 | €468 | €139 | ▼ 70.3% |
| Deferred charges and accrued income490/1 | - | - | - | €570 | €14,088 | ▲ 2,372% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €372,158 | €341,340 | €298,676 | €261,061 | €100,288 | ▼ 61.6% |
| Equity10/15 | €54,278 | €73,421 | €57,050 | -€203,993 | -€329,213 | ▼ 61.4% |
| Contributions10/11 | €68,600 | €68,600 | €68,600 | €68,600 | €68,600 | = |
| Reserves13 | €6,860 | €6,860 | €6,860 | €6,860 | €6,860 | = |
| Distributable reserves133 | - | - | - | €6,860 | €6,860 | = |
| Profit (loss) carried forward14 | -€21,182 | -€2,039 | -€18,410 | -€279,453 | -€404,673 | ▼ 44.8% |
| Amounts payable17/49 | €317,881 | €267,919 | €241,626 | €465,053 | €429,501 | ▼ 7.6% |
| Amounts payable after more than one year17 | €20,680 | €20,680 | €15,884 | €133,618 | €129,770 | ▼ 2.9% |
| Financial debts170/4 | - | - | - | €133,618 | €129,770 | ▼ 2.9% |
| Amounts payable within one year42/48 | €282,675 | €234,093 | €213,976 | €331,435 | €299,731 | ▼ 9.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,576 | €3,848 | ▲ 7.6% |
| Financial debts43 | - | - | - | €15,812 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €15,812 | €0 | ▼ 100% |
| Trade debts44 | €194,991 | €126,557 | €160,023 | €88,544 | €85,290 | ▼ 3.7% |
| Suppliers440/4 | - | - | - | €88,544 | €85,290 | ▼ 3.7% |
| Taxes, remuneration and social security45 | - | - | - | €138,616 | €203,703 | ▲ 47.0% |
| Taxes450/3 | - | - | - | €138,616 | €203,703 | ▲ 47.0% |
| Other amounts payable47/48 | - | - | - | €84,887 | €6,890 | ▼ 91.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,358 | €19,143 | -€16,371 | -€261,042 | -€125,220 | ▲ 52.0% |
| + Depreciation and write-downs630 | €14,181 | €7,418 | €6,474 | €14,202 | €17,535 | ▲ 23.5% |
| Operating cash flow (approximation) | -€3,177 | €26,562 | -€9,897 | -€246,840 | -€107,685 | ▲ 56.4% |
| Investment in fixed assets (approximation) | - | €11,151 | €57,206 | €2,767 | €3,222 | ▲ 16.5% |
| Change in cash | - | -€3,321 | €911 | -€2,779 | -€329 | ▲ 88.2% |
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
2026
06-03
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Hainaut, division Charleroi · event 23-02-2026
2025
05-09
KBO administration
Address struck
2024
15-04
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 08-04-2024
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 33 days late
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial
Weakest financial yearnet -€261,042
Net result drops to -€261,042, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
30-06
Financial
Back to profitnet €19,143
Net result €19,143 after one loss-making year.
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
17-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
2016
15-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 15 days late
2015
13-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 13 days late
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FRANCOIS CHARLEZ CHAUSSEE DE MONS 52,
7170 MANAGE- .
Date provisoire de cessation de paiement : 08/04/2024 |
08-04-2024 → 23-02-2026 |
Recognitions · licences · registrations
Legal Entity Identifier
699400VKY6W25C5IW413
Identification & contact
Identification
Legal formSRL
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.