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LOGILITY

Active
Private limited company·Ontwerpen van computerprogramma’s· 5 yrs active
Meerbos 2 ·9260 Wichelen, Belgium
KBO/BCE: BE 0754.800.154
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs
Board2
Staff (FTE)8.1
Connections20

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LOGILITY is 0.7% (low). The 2023 annual accounts show equity of €1.65M and a net result of €-1.34M. Equity is growing by ~77.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 478 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.7% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 377 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-09-2024, 56 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.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 25-09-2024 56 d late 2024-00474263
31-12-2022 31-07-2023 26-06-2023 35 d early 2023-00155809
31-12-2021 31-07-2022 11-07-2022 20 d early 2022-20173736

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-1.34M-43.3%
Working capital€-814k-8327.6%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 25-09-2024 with the NBB · fiscal year 2023 · verkort
€-1.50M€-1.00M€-500k€0Operating result 2021: €-804k€-804kNet result 2021: €-595k€-595kOperating result 2022: €-1.02M€-1.02MNet result 2022: €-938k€-938kOperating result 2023: €-1.42M€-1.42MNet result 2023: €-1.34M€-1.34M202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Net result: declining trend of ~39.9%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-3.00M€-2.50M€-2.00M€-1.50M€-1.00M€-500k2024: €-1.72M (€-1.83M - €-1.61M)2025: €-2.09M (€-2.20M - €-1.99M)2026: €-2.47M (€-2.57M - €-2.36M)2021: €-595k2022: €-938k2023: €-1.34M202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 62, Computer programming & consultancy · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 49.5% 34.5%
better than 61% of 478 sector peers
Net result €-1.34M €14k
better than 5% of 479 sector peers
Equity €1.65M €72k
better than 93% of 479 sector peers
Gross operating margin €176k €70k
better than 66% of 478 sector peers
Staff costs €921k €279k
higher than 80% of 254 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P61
2021: P6 · n=2042022: P51 · n=3462023: P61 · n=4782021 2023
Improving position over 2021-2023 · n=204-478
Net result P5
2021: P5 · n=2042022: P5 · n=3462023: P5 · n=4792021 2023
Stable position over 2021-2023 · n=204-479
Equity P93
2021: P5 · n=2052022: P92 · n=3472023: P93 · n=4792021 2023
Improving position over 2021-2023 · n=205-479
Gross operating margin P66
2021: P5 · n=2042022: P10 · n=3452023: P66 · n=4782021 2023
Improving position over 2021-2023 · n=204-478
Describes the position versus peers, not a forecast.
EBITDA
€-895k
-1.0% 21-23
Net profit
€-1.34M
-43.3% 21-23
Cash flow
€-824k
-2.9% 21-23
Total assets
€3.34M
-4.9% 21-23
Equity
€1.65M
+15.9% 21-23
Working capital
€-814k
-8327.6% 21-23
Employees (FTE)
8
-3.6% 21-23
Staff costs
€921k
+17.6% 21-23
Income taxes
€898
- 21-23
Debt
€1.68M
-19.2% 21-23
Debt ≤ 1y
€1.62M
-4.2% 21-23
Debt > 1y
€0
-100.0% 21-23
Current ratio
0.50
-49.9% 21-23
Quick ratio
0.50
-49.9% 21-23
Solvency
49.5%
+22.0% 21-23
Debt / equity
1.02
-30.3% 21-23
ROE
-81.2%
-23.6% 21-23
ROA
-40.2%
-50.8% 21-23
Interest coverage
-16.16
-140.8% 21-23
Figures by fiscal year
Fiscal year2023
Depositverkort
Revenue-
EBITDA€-895k
Net profit€-1.34M
Cash flow€-824k
Staff costs€921k
Income taxes€898
Dividends-
Total assets€3.34M
Equity€1.65M
Debt€1.68M
of which ≤ 1y€1.62M
of which > 1y€0
Working capital€-814k
Employees (FTE)8.1
Ratios (computed)
2023
Current ratio0.50
Quick ratio0.50
Working capital ratio-24.4%
Solvency49.5%
Debt / equity1.02
Long-term debt ratio0.00
Interest coverage-16.16
Gross margin-
Net margin-
ROA-40.2%
ROE-81.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€3.34M
Fixed assets 21/28€2.53M
Formation expenses 20€5k
Intangible fixed assets 21€2.51M
Tangible fixed assets 22/27€7k
Financial fixed assets 28€12k
Current assets 29/58€808k
Amounts receivable within one year 40/41€740k
Cash & bank 54/58€47k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.34M
Equity 10/15€1.65M
Contributions / capital 10/11€4.53M
Accumulated profits (losses) 14€-2.88M
Amounts payable 17/49€1.68M
Amounts payable after one year 17€0
Amounts payable within one year 42/48€1.62M
Trade debts payable within one year 44€314k
Income statement
Gross operating margin 9900€176k
Operating result 9901€-1.42M
Financial income 75€128k
Financial charges 65€55k
Result before taxes 9903€-1.34M
Income taxes 67/77€898
Net result for the period 9904€-1.34M
Result to be appropriated 9905€-1.34M
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
18 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
Current directors & mandates
  • Harold Allan Dow
    Director
    State Gazette act 24030346 (19-02-2024)
    Current
    05-09-2023 → present
  • Vincent Carroll Klinges
    Director
    State Gazette act 24030346 (19-02-2024)
    Current
    05-09-2023 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

1 auditor
Statutory auditor IRE/IBR number Tenure
Groupe Audit BelgiumCurrent
Company auditor · represented by Werner CLAEYS
- 26-09-2022 → present
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Ontwerpen van computerprogramma’s(62100)
Legal form Private limited company(610)
Incorporation24-09-2020
StatusActive
Postal code9260

Structure & network

Connections & network

20 connected companies
+20 companies via a shared address +20via a sharedaddressLOGILITY LOGILITY0754.800.154
Shared address / shareholderBundled connections
Network connections
AE DEVELOPMENT
Shared address
ARDENNES ESTATES
Shared address
ARKA
Shared address
Cloudnovi
Shared address
COMACO AGRO
Shared address
DK Expertise
Shared address
DV MANAGEMENT
Shared address
DYNLOGIC CONSTRUCTION
Shared address
EUROLAND
Shared address
Global Hout
Shared address
INDIGRA
Shared address
ITproposal
Shared address
Limitless Safety
Shared address
MT BOUW
Shared address
Ninety-One
Shared address
TAUNUS
Shared address
THOMASHUIZEN BELGIE
Shared address
VENDI MACHINERY
Shared address
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
13 companies at this address See who is registered here

Establishment units

1 location
LOGILITY
Kernenergiestraat 19, 2610 AntwerpenUitgeven van overige software
since 20202.308.590.595
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1.3 ha
Buildings2
Building footprint1,810 m²
Volume (LiDAR)9,181 m³
Tallest building10.5 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42026A0916/00C002 Flanders 1.1 ha 1 · 826 m² 10.5 m
11463D0325/00K002 Flanders 1,491 m² 1 · 984 m² 8.2 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

5 acts
Address history · 1
18-04-2025
v3.2
All acts · 5 updated 1 year ago
2025
18-04-2025 Registered office moved within Antwerpen Registered-office change
  • Markgravelei 28, 2018 Antwerpen → Kernenergiestraat 19, 2610 Antwerpen
Summary: v3.2
24-01-2025 Articles of association amended Statutes amendment
2024
19-02-2024 2 directors appointed Director changes
  • Harold Allan Dow, Bestuurder
  • Vincent Carroll Klinges, Bestuurder
Summary: v3.2
2022
30-09-2022 Articles of association amended Statutes amendment
2020
28-09-2020 Incorporation of a new BV Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health18Profitability0Solvency61Growth52Stability94
45 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 18
Profitability 0
Solvency 61
Growth 52
Stability 94

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Detailhandel in ICT-apparatuur47400Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels47410Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200
Primary activity highlighted.
Names & trade names
Legal nameNL LOGILITY
Registered office
Meerbos 2
9260 Wichelen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.