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LOGIMO

Active
Public limited companyfounded 1991active for 35 yearsGrote Moerstraat 44, 8200 Brugge, BelgiumKBO/BCE: BE 0444.227.831
Summary

LOGIMO has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€4,857. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 66% of 5,767 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,857▼ 3,950%
2024 · -€120
Working capital
-€731,237▼ 7.5%
2024 · -€679,971
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 15% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.009m 2025 Net result-€0.005m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.02m-€0.01m€0.01m▼ 8.5%€0.003m▼ 74.5%€0.01m▲ 228%€0.01m▲ 8.5%€0.01m▲ 4.7%€0.009m▼ 14.5%
Net result-€0.03m-€0.003m€0.003mwithin the sector's middle half▼ 8.6%-€0.004mwithin the sector's middle half€0.004mwithin the sector's middle half€0.006mwithin the sector's middle half▲ 31.0%-€120within the sector's middle half-€0.005mwithin the sector's middle half▼ 3,950%
Equity€1.3m-€1.3m▲ 0.3%€1.3mwithin the sector's middle half▲ 0.2%€1.3mwithin the sector's middle half▼ 0.3%€1.3mwithin the sector's middle half▲ 0.3%€1.3mwithin the sector's middle half▲ 0.4%€1.3mwithin the sector's middle half=€1.3mwithin the sector's middle half▼ 0.4%
Total assets€2.3m-€2.2m▼ 0.4%€2.3mwithin the sector's middle half▲ 0.9%€2.3mwithin the sector's middle half▲ 1.5%€2.3mwithin the sector's middle half▼ 0.1%€2.3mwithin the sector's middle half▲ 0.1%€2.3mwithin the sector's middle half=€2.3mwithin the sector's middle half▲ 0.4%
Debt€0.9m-€0.9m▼ 1.4%€0.9m▲ 1.8%€1.0m▲ 4.0%€1.0m▼ 0.6%€1.0m▼ 0.5%€1.0m=€1.0m▲ 1.4%
Working capital-€0.4m--€0.4m▼ 11.2%-€0.5mbelow the sector's middle half▼ 8.5%-€0.6mbelow the sector's middle half▼ 18.4%-€0.6mbelow the sector's middle half▼ 8.1%-€0.6mbelow the sector's middle half▼ 7.2%-€0.7mbelow the sector's middle half▼ 6.6%-€0.7mbelow the sector's middle half▼ 7.5%
Solvency58.9%-59.3%▲ 0.4pp59.0%within the sector's middle half▼ 0.4pp57.9%within the sector's middle half▼ 1.0pp58.1%within the sector's middle half▲ 0.2pp58.4%within the sector's middle half▲ 0.2pp58.4%within the sector's middle half=57.9%within the sector's middle half▼ 0.4pp
Current ratio0.04-0.01▼ 0.020.00below the sector's middle half▼ 0.010.01below the sector's middle half=0.00below the sector's middle half=0.01below the sector's middle half=0.01below the sector's middle half=0.02below the sector's middle half▲ 0.01
Return on assets (ROA)-1.3%-0.2%▲ 1.4pp0.1%within the sector's middle half=-0.2%within the sector's middle half▼ 0.3pp0.2%within the sector's middle half▲ 0.4pp0.3%within the sector's middle half▲ 0.1pp0.0%within the sector's middle half▼ 0.3pp-0.2%within the sector's middle half▼ 0.2pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets €2.3m =
Current assets €15,478 ▲ 159%
Equity and liabilities €2.3m
Equity €1.3m ▼ 0.4%
Debt €971,252 ▲ 1.4%
Debt's share of the balance-sheet total rises from 41.6% to 42.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,352▼
2024 · €11,921
Cash flow
-€3,742▼
2024 · €994
Debt to equity
0.73▲
2024 · 0.71
ROE
-0.4%▼
2024 · 0.0%
Interest coverage
0.73▼
2024 · 1.09
Debt ≤ 1 year
€746,715▲
2024 · €685,949
Debt > 1 year
€223,506▼
2024 · €272,061
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 8,617 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 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.3m€2.3m▲
Fixed assets21/28€2.3m€2.3m=
Intangible fixed assets21€0.6m€0.6m=
Tangible fixed assets22/27€1.7m€1.7m▼
Land and buildings22€1.7m€1.7m=
Plant, machinery and equipment23€0.002m€0.001m▼
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€0.006m€0.02m▲
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Cash at bank and in hand54/58€0.003m€0.01m▲
Deferred charges and accrued income490/1€0.003m€0.003m▲
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.3m▲
Equity10/15€1.3m€1.3m▼
Contributions10/11€0.5m€0.5m=
Capital10€0.5m€0.5m=
Issued capital100€0.5m€0.5m=
Revaluation surpluses12€1.4m€1.4m=
Reserves13€0.6m€0.6m=
Tax-exempt reserves132€0.6m€0.6m=
Profit (loss) carried forward14-€1.1m-€1.1m▼
Amounts payable17/49€1.0m€1.0m▲
Amounts payable after more than one year17€0.3m€0.2m▼
Financial debts170/4€0.3m€0.2m▼
Amounts payable within one year42/48€0.7m€0.7m▲
Current portion of amounts payable after more than one year42€0.05m€0.05m▲
Trade debts44€0.003m€0.001m▼
Suppliers440/4€0.003m€0.001m▼
Taxes, remuneration and social security45-€211
Taxes450/3-€211
Other amounts payable47/48€0.6m€0.7m▲
Accrued charges and deferred income492/3-€0.001m
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€0.001m=
Other operating charges640/8€0.004m€0.005m▲
Gross operating margin9900€0.02m€0.02m▼
Operating profit (loss)9901€0.01m€0.009m▼
Financial charges65/66B€0.01m€0.01m▲
Recurring financial charges65€0.01m€0.01m▲
Profit (loss) for the period before taxes9903-€120-€0.005m▼
Profit (loss) for the period9904-€120-€0.005m▼
Profit (loss) for the period to be appropriated9905-€120-€0.005m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1.1m-€1.1m▼
Profit (loss) brought forward from the previous period14P-€1.1m-€1.1m=

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€358€1,085€1,114€1,114€1,114=
Other operating charges640/8---€3,360€3,419€3,994€4,323€4,664▲ 7.9%
Gross operating margin9900-€14,775€20,472€14,688€6,615€14,012€15,428€16,244€15,016▼ 7.6%
Operating profit (loss)9901-€18,845€12,408€11,348€2,897€9,508€10,320€10,807€9,238▼ 14.5%
Financial income75/76B---€0€0€0---
Recurring financial income75--€30€0€0€0---
Financial charges65/66B---€6,628€5,072€4,508€10,927€14,094▲ 29.0%
Recurring financial charges65€10,026€8,917€8,186€6,628€5,072€4,508€10,927€14,094▲ 29.0%
Profit (loss) for the period before taxes9903-€28,871€3,491€3,192-€3,731€4,437€5,812-€120-€4,857▼ 3,950%
Profit (loss) for the period9904-€28,871€3,491€3,192-€3,731€4,437€5,812-€120-€4,857▼ 3,950%
Profit (loss) for the period to be appropriated9905-€28,871€3,491€3,192-€3,731€4,437€5,812-€120-€4,857▼ 3,950%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.3m€2.2m€2.3m€2.3m€2.3m€2.3m€2.3m€2.3m▲ 0.4%
Fixed assets21/28€2.2m€2.2m€2.3m€2.3m€2.3m€2.3m€2.3m€2.3m=
Intangible fixed assets21€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Tangible fixed assets22/27€1.7m€1.7m€1.7m€1.7m€1.7m€1.7m€1.7m€1.7m▼ 0.1%
Land and buildings22---€1.7m€1.7m€1.7m€1.7m€1.7m=
Plant, machinery and equipment23---€0.005m€0.004m€0.003m€0.002m€0.001m▼ 58.6%
Financial fixed assets28€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m=
Current assets29/58€0.01m€0.006m€0.002m€0.004m€0.003m€0.005m€0.006m€0.02m▲ 159%
Amounts receivable within one year40/41-€109€0--€0.003m€0--
Trade receivables40-----€0.003m€0--
Cash at bank and in hand54/58€0.009m€0.004m€149€0.001m€0.001m€175€0.003m€0.01m▲ 274%
Deferred charges and accrued income490/1---€0.002m€0.002m€0.002m€0.003m€0.003m▲ 3.6%
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.2m€2.3m€2.3m€2.3m€2.3m€2.3m€2.3m▲ 0.4%
Equity10/15€1.3m€1.3m€1.3m€1.3m€1.3m€1.3m€1.3m€1.3m▼ 0.4%
Contributions10/11€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m=
Capital10---€0.5m€0.5m€0.5m€0.5m€0.5m=
Issued capital100---€0.5m€0.5m€0.5m€0.5m€0.5m=
Revaluation surpluses12---€1.4m€1.4m€1.4m€1.4m€1.4m=
Reserves13€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Tax-exempt reserves132---€0.6m€0.6m€0.6m€0.6m€0.6m=
Profit (loss) carried forward14-€1.1m-€1.1m-€1.1m-€1.1m-€1.1m-€1.1m-€1.1m-€1.1m▼ 0.5%
Amounts payable17/49€0.9m€0.9m€0.9m€1.0m€1.0m€1.0m€1.0m€1.0m▲ 1.4%
Amounts payable after more than one year17€0.5m€0.5m€0.5m€0.4m€0.4m€0.3m€0.3m€0.2m▼ 17.8%
Financial debts170/4---€0.4m€0.4m€0.3m€0.3m€0.2m▼ 17.8%
Amounts payable within one year42/48€0.4m€0.4m€0.5m€0.6m€0.6m€0.6m€0.7m€0.7m▲ 8.9%
Current portion of amounts payable after more than one year42---€0.05m€0.05m€0.05m€0.05m€0.05m▲ 4.8%
Trade debts44€0.001m€0.004m€0.008m€0.01m€0.002m€0.005m€0.003m€0.001m▼ 81.9%
Suppliers440/4---€0.01m€0.002m€0.005m€0.003m€0.001m▼ 81.9%
Taxes, remuneration and social security45---€0---€211-
Taxes450/3---€0---€211-
Other amounts payable47/48---€0.5m€0.5m€0.6m€0.6m€0.7m▲ 9.6%
Accrued charges and deferred income492/3-------€0.001m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€28,871€3,491€3,192-€3,731€4,437€5,812-€120-€4,857▼ 3,950%
+ Depreciation and write-downs630---€358€1,085€1,114€1,114€1,114=
Operating cash flow (approximation)-€28,871€3,491€3,192-€3,373€5,522€6,926€994-€3,742-
Investment in fixed assets (approximation)-€118-€23,627-€32,852-€701€0€0€0-
Change in cash--€5,393-€3,505€1,261-€825-€410€3,261€9,409▲ 189%

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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Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 01-07-2026 2026-00259671
31-12-2024 abbreviated format 27-06-2025 2025-00200380
31-12-2023 abbreviated format 23-08-2024 2024-00386542
31-12-2022 abbreviated format 13-07-2023 2023-00246976
31-12-2021 abbreviated format 08-07-2022 2022-20173248
31-12-2020 abbreviated format 17-06-2021 2021-20800523
31-12-2019 abbreviated format 20-10-2020 2020-62900240
31-12-2018 micro format 29-10-2019 2019-71800075
31-12-2017 abbreviated format 31-08-2018 2018-59400101
31-12-2016 micro format 31-08-2017 2017-58700060

Show all 35 filings

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Of the 7,226 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,496. 3,040 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.