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LOGILEC

Active
Private limited company (pre-2019)founded 200521 yrs activeRue Centrale(M.E) 45, 7822 Ath, BelgiumKBO/BCE: BE 0872.390.581
Summary

LOGILEC has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€45,743) and a net result of -€3,379. Equity is shrinking by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 6% of 1438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-17
Solvency0=
Growth55=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.29 in 2024; short-term debt: 367.2% and cash: 0.5% of total assets), and equity is negative.
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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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-267.2%
Return on assets
-19.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€45,743
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
9 d early
2021
2 d early
2020
on the day
2019
13 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LOGILEC was incorporated on 9 March 2005.1 Revenue fell from EUR 2,607 in 2019 to EUR 1,000 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021

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Financials · fiscal year 2025, full schema

Turnover
€1,000
2020 · €0
EBIT margin
-430.2%▼ 171.6pp
2019 · -258.6%
Net result
-€3,379▼ 146%
2024 · -€1,376
Working capital
-€45,743▼ 8.0%
2024 · -€42,364
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€1,000
Operating result-€4,302▼ 32.5%-€10,040▼ 133%-€2,009▲ 80.0%-€1,376▲ 31.5%-€3,379▼ 146%
Net result-€4,346below the sector's middle half▼ 33.9%-€10,203below the sector's middle half▼ 135%-€2,064below the sector's middle half▲ 79.8%-€1,376below the sector's middle half▲ 33.3%-€3,379within the sector's middle half▼ 146%
EBIT margin-430.2%
Equity-€28,720below the sector's middle half▼ 16.8%-€38,923below the sector's middle half▼ 35.5%-€40,988below the sector's middle half▼ 5.3%-€42,364below the sector's middle half▼ 3.4%-€45,743below the sector's middle half▼ 8.0%
Total assets€22,163below the sector's middle half▲ 48.7%€16,937below the sector's middle half▼ 23.6%€17,179below the sector's middle half▲ 1.4%€17,122below the sector's middle half▼ 0.3%€17,122below the sector's middle half=
Debt€50,883▲ 28.8%€55,860▲ 9.8%€58,167▲ 4.1%€59,486▲ 2.3%€62,865▲ 5.7%
Working capital-€32,674▼ 32.8%-€38,923▼ 19.1%-€40,988▼ 5.3%-€42,364▼ 3.4%-€45,743▼ 8.0%
Solvency-129.6%below the sector's middle half▲ 35.4pp-229.8%below the sector's middle half▼ 100.2pp-238.6%below the sector's middle half▼ 8.8pp-247.4%below the sector's middle half▼ 8.8pp-267.2%below the sector's middle half▼ 19.7pp
Staff (FTE)0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2021: -€4,302-€4,302Net result 2021: -€4,346-€4,346Operating result 2022: -€10,040-€10,040Net result 2022: -€10,203-€10,203Operating result 2023: -€2,009-€2,009Net result 2023: -€2,064-€2,064Operating result 2024: -€1,376-€1,376Net result 2024: -€1,376-€1,376Operating result 2025: -€3,379-€3,379Net result 2025: -€3,379-€3,37920212022202320242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€2,009-€2,010Net result 2023: -€2,064-€2,060Operating result 2024: -€1,376-€1,380Net result 2024: -€1,376-€1,380Operating result 2025: -€3,379-€3,380Net result 2025: -€3,379-€3,380202320242025
The operating result stays negative: a loss of €3,379 in 2025 against €1,376 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.27▼
2024 · 0.29
Debt to equity
-1.37▲
2024 · -1.40
ROA
-19.7%▼
2024 · -8.0%
Debt ≤ 1 year
€62,865▲
2024 · €59,486
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
9.9% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€17,122€17,122=
Current assets29/58€17,122€17,122=
Amounts receivable within one year40/41€17,038€17,038=
Trade receivables40€1,210€1,210=
Other amounts receivable41€15,828€15,828=
Cash at bank and in hand54/58€84€84=
Equity and liabilities
Total equity and liabilities10/49€17,122€17,122=
Equity10/15-€42,364-€45,743▼
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860€1,860=
Profit (loss) carried forward14-€62,824-€66,203▼
Amounts payable17/49€59,486€62,865▲
Amounts payable within one year42/48€59,486€62,865▲
Trade debts44€14,417€17,496▲
Suppliers440/4€14,417€17,496▲
Taxes, remuneration and social security45€2,197€2,197=
Taxes450/3€2,197€2,197=
Other amounts payable47/48€42,872€43,172▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€1,376€3,379▲
Gross operating margin9900-€1,376-€3,379▼
Operating profit (loss)9901-€1,376-€3,379▼
Financial charges65/66B€0-
Recurring financial charges65€0-
Profit (loss) for the period before taxes9903-€1,376-€3,379▼
Profit (loss) for the period9904-€1,376-€3,379▼
Profit (loss) for the period to be appropriated9905-€1,376-€3,379▼
Appropriation of the result
Profit (loss) to be appropriated9906-€62,824-€66,203▼
Profit (loss) brought forward from the previous period14P-€61,448-€62,824▼
Line20212022202320242025Change
Turnover70€1,000-----
Goods, raw materials, services and sundry goods60/61€1,262€5,195€2,009€1,376€3,379▲ 146%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,954€3,954----
Other operating charges640/8€85€524----
Gross operating margin9900-€263-€5,562-€2,009-€1,376-€3,379▼ 146%
Operating profit (loss)9901-€4,302-€10,040-€2,009-€1,376-€3,379▼ 146%
Financial charges65/66B€44€47€55€0--
Recurring financial charges65€44€47€55€0--
Profit (loss) for the period before taxes9903-€4,346-€10,087-€2,064-€1,376-€3,379▼ 146%
Income taxes67/77-€116----
Profit (loss) for the period9904-€4,346-€10,203-€2,064-€1,376-€3,379▼ 146%
Profit (loss) for the period to be appropriated9905-€4,346-€10,203-€2,064-€1,376-€3,379▼ 146%
Line20212022202320242025Change
Assets
Total assets20/58€22,163€16,937€17,179€17,122€17,122=
Fixed assets21/28€3,954€0----
Tangible fixed assets22/27€3,954€0----
Furniture and vehicles24€3,954€0----
Current assets29/58€18,209€16,937€17,179€17,122€17,122=
Amounts receivable within one year40/41€16,549€16,800€17,038€17,038€17,038=
Trade receivables40€1,210€1,210€1,210€1,210€1,210=
Other amounts receivable41€15,339€15,590€15,828€15,828€15,828=
Cash at bank and in hand54/58€1,660€137€141€84€84=
Equity and liabilities
Total equity and liabilities10/49€22,163€16,937€17,179€17,122€17,122=
Equity10/15-€28,720-€38,923-€40,988-€42,364-€45,743▼ 8.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600€18,600€18,600=
Issued capital100-€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Legal reserve130-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860-----
Profit (loss) carried forward14-€49,180-€59,383-€61,448-€62,824-€66,203▼ 5.4%
Amounts payable17/49€50,883€55,860€58,167€59,486€62,865▲ 5.7%
Amounts payable within one year42/48€50,883€55,860€58,167€59,486€62,865▲ 5.7%
Trade debts44€7,815€11,992€13,099€14,417€17,496▲ 21.4%
Suppliers440/4€7,815€11,992€13,099€14,417€17,496▲ 21.4%
Taxes, remuneration and social security45€2,196€2,196€2,196€2,197€2,197=
Taxes450/3€2,196€2,196€2,196€2,197€2,197=
Other amounts payable47/48€40,872€41,672€42,872€42,872€43,172▲ 0.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€4,346-€10,203-€2,064-€1,376-€3,379▼ 146%
+ Depreciation and write-downs630€3,954€3,954----
Operating cash flow (approximation)-€392-€6,249-€2,064-€1,376-€3,379▼ 146%
Investment in fixed assets (approximation)-€0----
Change in cash--€1,523€4-€57€0▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€10,203
Net result drops to -€10,203, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
13-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 13 days late
2019
05-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 5 days late
2018
16-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 77 days late
2017
02-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Ath · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,062 m²
Building footprint
178 m²
Volume, LiDAR
2,481 m³
2 parcels, Wallonia · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LOGILEC
Rue Louis Lenoir Scaillet(L) 27, 7860 LessinesReal estate activities
since 20232.345.518.594
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55023B0667/00G000 Wallonia 1,406 m² 1 · 178 m² 17.7 m · 5 fl.
51042B0810/00B000 Wallonia 656 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded09-03-2005
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
62100Computer programming
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.