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LOGIPAL

Active Private limited companyfounded 2009active for 16 yearsRue des Azalées 5, 7331 Saint-GhislainKBO/BCE: BE 0821.684.921 #10 oldest company in Saint-Ghislain, Transport and storage sector

Lifetime

16 annual accounts with figures on one time axis
peak €1.4m (2020)
€197,165▼ 26.7%
peak €98,273 (2024)
€71,445▼ 27.3%
peak €160,690 (2025)
€160,690▲ 13.4%
€105,632▼ 36.7%
peak 30.5 FTE (2020)
1 FTE▼ 50.0%
Board7 names since 2017
4 directors and 3 others
Owners3 names in the annual accounts
  
Documentsfilings and deeds
22-07-20269 days before the deadline
2025abbreviated format
Gross margin from €269,005 to €197,165Result from €98,273 to €71,445Staff from 2 FTE to 1 FTEDividend €52,500Equity from €141,745 to €160,690Debts from €166,987 to €105,632

Key points

from the 2025 annual accounts

Equity

€160,690 ▲ 13.4%
141,7452024+71,445Profit-52,500Dividend160,6902025

LOGIPAL paid out €52,500 in dividends. That is 73% of the 2025 profit.

Staff

1 FTE from 30.5 in 2020

Between 2020 and 2025, 97% of the full-time equivalents disappeared.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 9 to 107 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,721 companies had the same profile as LOGIPAL has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,721 companies, not a prediction for LOGIPAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, , since 27-09-2023
Manager
Director, , since 27-09-2023
Director, since 27-09-2023

Shares in 1 company,

Board & ownership

Recent changes

3 directors appointed, 3 resignations Resignations: , and · Appointments: , and · Permanent representatives: and · Gazette deed
New manager appointed, resigned · Permanent representative: · General meeting of 30-09-2021 · Gazette deed
Registered office moved from Tournai to Saint-Ghislain New registered office: Rue Azalées 5 7331 Saint-Ghislain · Previous registered office: RUE TERRE A BRIQUES 29A, 7522 TOURNAI · General meeting of 21-12-2017 · Gazette deed
2 managers appointed, 2 resignations Resignations: (manager) and (manager) · Permanent representatives: , and · Appointments: (manager) and (manager) · General meeting of 30-03-2017 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
LOGIPAL Saint-Ghislain €266,322 €197,165 60.3% 1
VAMITRA A&S AGRO-TRAFIK Lichtervelde €262,415 €236,410 21.0% 1.2
Mastertrucks Wielsbeke €253,935 €135,073 -22.9% 1
LONCIN PHILIPPE Hasselt €332,164 €143,766 57.7% 1.1
Stone Express Lokeren €374,649 €196,161 47.0% 2
D.S.P. Brussels €320,056 €302,579 56.9% 1.9
SEDITRANS Tournai €228,769 €134,416 14.0% 1

These companies have the same main activity as LOGIPAL: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €229,000 and €375,000, founded between 2004 and 2017.

Official details

Source: KBO
Status
Active since 22-12-2009Normal situation
Activity
Freight transport by roadNACE 49410and 4 others
Joint committees
140.03Road transport and logistics for third parties
226White-collar workers in international trade, transport and logistics · annual accounts 2024
Establishment unit
2.217.731.3888470 Gistel, since 16-12-2009
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €490,000estimated
€266,322▼ 13.7%
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on LOGIPAL

LOGIPAL files the abbreviated format. That format states no turnover. The gross margin rose from €81,728 in 2010 to €197,165 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LOGIPAL

What is the company number of LOGIPAL?
The company number of LOGIPAL is 0821.684.921. The VAT number is the same number with BE in front: BE 0821.684.921.
Where is LOGIPAL based?
The registered office is at Rue des Azalées 5, 7331 Saint-Ghislain.Company details
What does LOGIPAL do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of LOGIPAL?
LOGIPAL is a private limited company (BV).
When was LOGIPAL founded?
LOGIPAL was founded on 22-12-2009.
Is LOGIPAL still active?
Yes, LOGIPAL is an active enterprise in the KBO register.
How many employees does LOGIPAL have?
LOGIPAL had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LOGIPAL fall under?
In its 2024 annual accounts, LOGIPAL states joint committees 140.03 (Road transport and logistics for third parties) and 226 (White-collar workers in international trade, transport and logistics).
What is the turnover of LOGIPAL?
The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €197,165 and 77 comparable companies (NACE 49410). It probably lies between €420,000 and €670,000.
Is LOGIPAL profitable?
In financial year 2025, LOGIPAL made a profit of €71,445.
Where can I find the annual accounts of LOGIPAL?
LOGIPAL filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LOGIPAL due?
LOGIPAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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