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Loginove

Active
Non-profit associationfounded 199531 yrs activeRue de Bruxelles(FL) 103, 6220 Fleurus, BelgiumKBO/BCE: BE 0454.922.575
Summary

Loginove has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €348,222 and a net result of €26,027. Its solvency ranks better than 43% of 4616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability60▼-20
Solvency56▲+3
Growth52
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.65 in 2024; short-term debt: 13.7% and cash: 13.2% of total assets), and 69.2% of the assets are financed with debt.
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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-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 31 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
30.8%
Return on assets
2.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 14-05-2026, 78 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
78 d early
2024
76 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 77 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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
30-09-2026 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

Loginove was incorporated on 9 January 1995.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, full schema

Turnover
€699
EBIT margin
8570.7%
Net result
€26,027▼ 33.9%
2024 · €39,379
Working capital
€70,046▼ 25.1%
2024 · €93,553
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Turnover€699-
Operating result€59,909-€48,880▼ 18.4%
Net result€39,379within the sector's middle half-€26,027within the sector's middle half▼ 33.9%
EBIT margin8570.7%-
Equity€322,195within the sector's middle half-€348,222within the sector's middle half▲ 8.1%
Total assets€1.2mwithin the sector's middle half-€1.1mwithin the sector's middle half▼ 1.8%
Debt€828,006-€781,329▼ 5.6%
Working capital€93,553within the sector's middle half-€70,046within the sector's middle half▼ 25.1%
Solvency28.0%within the sector's middle half-30.8%within the sector's middle half▲ 2.8pp
Current ratio1.65within the sector's middle half-1.45within the sector's middle half▼ 0.20
Return on assets (ROA)3.4%within the sector's middle half-2.3%within the sector's middle half▼ 1.1pp
Staff (FTE)3.7within the sector's middle half-4.5above the sector's middle half▲ 21.6%
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2024: €59,909€59,909Net result 2024: €39,379€39,379Operating result 2025: €48,880€48,880Net result 2025: €26,027€26,02720242025€0€20,000€40,000€60,000Operating result 2024: €59,909€59,900Net result 2024: €39,379€39,400Operating result 2025: €48,880€48,900Net result 2025: €26,027€26,00020242025
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €904,898 ▼ 0.8%
Current assets €224,653 ▼ 5.6%
Equity and liabilities €1.1m
Equity €348,222 ▲ 8.1%
Debt €781,329 ▼ 5.6%
Debt's share of the balance-sheet total falls from 72.0% to 69.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€112,455▼
2024 · €122,323
Cash flow
€89,602▼
2024 · €101,793
Quick ratio
1.44▼
2024 · 1.62
Debt to equity
2.24▼
2024 · 2.57
ROE
7.5%▼
2024 · 12.2%
Interest coverage
4.61▼
2024 · 5.58
Debt ≤ 1 year
€154,607▲
2024 · €144,302
Debt > 1 year
€567,753▼
2024 · €593,034
Staff costs
€266,713▲
2024 · €207,739
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% 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 497,340 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% 1.0%
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% 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 17,040 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 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.1m▼
Fixed assets21/28€912,346€904,898▼
Tangible fixed assets22/27€907,266€899,818▼
Land and buildings22€750,384€739,170▼
Furniture and vehicles24€8,453€5,212▼
Other tangible fixed assets26€148,429€155,436▲
Financial fixed assets28€5,080€5,080=
Current assets29/58€237,855€224,653▼
Stocks and contracts in progress3€4,166€1,883▼
Stocks30/36€4,166€1,883▼
Amounts receivable within one year40/41€6,339€5,080▼
Other amounts receivable41€6,339€5,080▼
Current investments50/53€90,166€59,700▼
Cash at bank and in hand54/58€76,578€148,961▲
Deferred charges and accrued income490/1€60,606€9,029▼
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.1m▼
Equity10/15€322,195€348,222▲
Contributions10/11€114,420€114,420=
Capital10€114,420€114,420=
Profit (loss) carried forward14€207,775€233,802▲
Amounts payable17/49€828,006€781,329▼
Amounts payable after more than one year17€593,034€567,753▼
Financial debts170/4€593,034€567,753▼
Amounts payable within one year42/48€144,302€154,607▲
Current portion of amounts payable after more than one year42€22,461€24,647▲
Trade debts44€4,404€7,072▲
Suppliers440/4€4,404€7,072▲
Taxes, remuneration and social security45€25,847€31,667▲
Taxes450/3€3,523-
Remuneration and social security454/9€22,324€31,667▲
Accrued charges and deferred income492/3€90,670€58,969▼
Income statement Code20242025
Turnover70€699-
Goods, raw materials, services and sundry goods60/61€96,542€99,794▲
Remuneration, social security and pensions62€207,739€266,713▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62,414€63,575▲
Other operating charges640/8€2,551€2,496▼
Non-recurring operating charges66A€16,842€34,302▲
Gross operating margin9900€349,455€415,966▲
Operating profit (loss)9901€59,909€48,880▼
Financial income75/76B€1,377€1,535▲
Recurring financial income75€1,377€1,535▲
Financial charges65/66B€21,907€24,388▲
Recurring financial charges65€21,907€24,388▲
Profit (loss) for the period before taxes9903€39,379€26,027▼
Profit (loss) for the period9904€39,379€26,027▼
Profit (loss) for the period to be appropriated9905€39,379€26,027▼
Appropriation of the result
Profit (loss) to be appropriated9906€207,775€233,802▲
Profit (loss) brought forward from the previous period14P€168,396€207,775▲
Social balance
Average headcount (FTE)90873.74.5▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Turnover70€699--
Goods, raw materials, services and sundry goods60/61€96,542€99,794▲ 3.4%
Remuneration, social security and pensions62€207,739€266,713▲ 28.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62,414€63,575▲ 1.9%
Other operating charges640/8€2,551€2,496▼ 2.2%
Non-recurring operating charges66A€16,842€34,302▲ 104%
Gross operating margin9900€349,455€415,966▲ 19.0%
Operating profit (loss)9901€59,909€48,880▼ 18.4%
Financial income75/76B€1,377€1,535▲ 11.5%
Recurring financial income75€1,377€1,535▲ 11.5%
Financial charges65/66B€21,907€24,388▲ 11.3%
Recurring financial charges65€21,907€24,388▲ 11.3%
Profit (loss) for the period before taxes9903€39,379€26,027▼ 33.9%
Profit (loss) for the period9904€39,379€26,027▼ 33.9%
Profit (loss) for the period to be appropriated9905€39,379€26,027▼ 33.9%
Line20242025Change
Assets
Total assets20/58€1.2m€1.1m▼ 1.8%
Fixed assets21/28€912,346€904,898▼ 0.8%
Tangible fixed assets22/27€907,266€899,818▼ 0.8%
Land and buildings22€750,384€739,170▼ 1.5%
Furniture and vehicles24€8,453€5,212▼ 38.3%
Other tangible fixed assets26€148,429€155,436▲ 4.7%
Financial fixed assets28€5,080€5,080=
Current assets29/58€237,855€224,653▼ 5.6%
Stocks and contracts in progress3€4,166€1,883▼ 54.8%
Stocks30/36€4,166€1,883▼ 54.8%
Amounts receivable within one year40/41€6,339€5,080▼ 19.9%
Other amounts receivable41€6,339€5,080▼ 19.9%
Current investments50/53€90,166€59,700▼ 33.8%
Cash at bank and in hand54/58€76,578€148,961▲ 94.5%
Deferred charges and accrued income490/1€60,606€9,029▼ 85.1%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.1m▼ 1.8%
Equity10/15€322,195€348,222▲ 8.1%
Contributions10/11€114,420€114,420=
Capital10€114,420€114,420=
Profit (loss) carried forward14€207,775€233,802▲ 12.5%
Amounts payable17/49€828,006€781,329▼ 5.6%
Amounts payable after more than one year17€593,034€567,753▼ 4.3%
Financial debts170/4€593,034€567,753▼ 4.3%
Amounts payable within one year42/48€144,302€154,607▲ 7.1%
Current portion of amounts payable after more than one year42€22,461€24,647▲ 9.7%
Trade debts44€4,404€7,072▲ 60.6%
Suppliers440/4€4,404€7,072▲ 60.6%
Taxes, remuneration and social security45€25,847€31,667▲ 22.5%
Taxes450/3€3,523--
Remuneration and social security454/9€22,324€31,667▲ 41.9%
Accrued charges and deferred income492/3€90,670€58,969▼ 35.0%
Line20242025Change
Profit (loss) for the period9904€39,379€26,027▼ 33.9%
+ Depreciation and write-downs630€62,414€63,575▲ 1.9%
Operating cash flow (approximation)€101,793€89,602▼ 12.0%
Investment in fixed assets (approximation)--€56,127-
Change in cash-€72,383-

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
14-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
16-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
NBB filing
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Fleurus · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
273 m²
Building footprint
9 m²
Volume, LiDAR
68 m³
Parcel 52021D0392/00K000, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Loginove
Rue de Bruxelles(FL) 103, 6220 FleurusReal estate development
since 20142.231.749.967
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52021D0392/00K000 Wallonia 273 m² 1 · 9 m² 9.9 m · 3 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.

Similar companies · same sector, comparable size

Of 9,695 companies in sector 68121 we hold annual accounts for 7,392. 5,066 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded09-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
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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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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