LOGIS-BeL
ActiveSummary
LOGIS-BeL has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €73,386 and a net result of €64,384. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability40▲+3
Solvency26▲+1
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 1.0 in 2023; short-term debt: 98.7% and cash: 0.3% of total assets), and 98.8% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 dateAge against the risk zone
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
30 d early
2023
30 d early
2022
27 d early
2021
27 d early
2020
38 d late
2019
21 d early
← 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 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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. Usually files around 2 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema
In the rankings
#10 company by total assets in Herstal, Construction sector
Turnover
€0
EBIT margin
Not included in this filing
Net result
€64,384
2023 · -€3,968
Working capital
€76,653▲ 529%
2023 · €12,196
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20202021202220232024
Turnover€0
Operating result-€13,207▲ 85.0%-€28,027▼ 112%€20,935€158,603▲ 658%€315,492▲ 98.9%
Net result-€13,206below the sector's middle half▲ 85.3%-€32,594below the sector's middle half▼ 147%€418below the sector's middle half-€3,968below the sector's middle half€64,384within the sector's middle half
Equity€45,146within the sector's middle half▼ 22.6%€12,552below the sector's middle half▼ 72.2%€12,970below the sector's middle half▲ 3.3%€9,003below the sector's middle half▼ 30.6%€73,386below the sector's middle half▲ 715%
Total assets€64,855below the sector's middle half▼ 14.4%€1.0mwithin the sector's middle half▲ 1,493%€2.7mabove the sector's middle half▲ 166%€4.6mabove the sector's middle half▲ 67.5%€5.9mabove the sector's middle half▲ 27.7%
Debt€19,709▲ 13.4%€1.0m▲ 5,079%€2.7m▲ 168%€4.6m▲ 68.0%€5.8m▲ 26.4%
Working capital€25,195within the sector's middle half▼ 33.6%-€2,561below the sector's middle half€16,140below the sector's middle half€12,196below the sector's middle half▼ 24.4%€76,653within the sector's middle half▲ 529%
Solvency69.6%above the sector's middle half▼ 7.4pp1.2%below the sector's middle half▼ 68.4pp0.5%below the sector's middle half▼ 0.7pp0.2%below the sector's middle half▼ 0.3pp1.2%below the sector's middle half▲ 1.1pp
Current ratio2.28within the sector's middle half▼ 0.901.00below the sector's middle half▼ 1.281.01below the sector's middle half▲ 0.011.00below the sector's middle half=1.01below the sector's middle half▲ 0.01
Return on assets (ROA)-20.4%below the sector's middle half▲ 98.2pp-3.2%below the sector's middle half▲ 17.2pp0.0%below the sector's middle half▲ 3.2pp-0.1%below the sector's middle half▼ 0.1pp1.1%within the sector's middle half▲ 1.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 99% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €5.9m
Equity
€73,386 ▲ 715%
Debt
€5.8m ▲ 26.4%
Debt's share of the balance-sheet total falls from 99.8% to 98.8%. Equity and debt are higher.
Key figures and ratios
Quick ratio
0.09▲
2023 · 0.00
Debt to equity
79.07
ROE
87.7%▲
2023 · -44.1%
Debt ≤ 1 year
€5.8m▲
2023 · €4.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,216 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
2.5%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 1,216 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €0 | - | - | - |
| Non-recurring operating income76A | - | - | €10,500 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €2.1m | €2.3m | - | - |
| Remuneration, social security and pensions62 | - | €0 | €378 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €469 | €263 | €113 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€121,413 | - | - | - | - |
| Other operating charges640/8 | - | €123,383 | €8,671 | - | - | - |
| Non-recurring operating charges66A | - | €1,668 | €525 | - | - | - |
| Gross operating margin9900 | -€12,093 | -€24,127 | €30,620 | €158,603 | €315,492 | ▲ 98.9% |
| Operating profit (loss)9901 | -€13,207 | -€28,027 | €20,935 | €158,603 | €315,492 | ▲ 98.9% |
| Financial income75/76B | - | - | €2,055 | €1,749 | €0 | ▼ 100.0% |
| Recurring financial income75 | €2,946 | - | €2,055 | €1,749 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | €4,567 | €22,571 | €164,320 | €251,108 | ▲ 52.8% |
| Recurring financial charges65 | €2,946 | €4,567 | €22,559 | €164,320 | €251,108 | ▲ 52.8% |
| Non-recurring financial charges66B | - | - | €12 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€13,206 | -€32,594 | €418 | -€3,968 | €64,384 | ▲ 1,723% |
| Profit (loss) for the period9904 | -€13,206 | -€32,594 | €418 | -€3,968 | €64,384 | ▲ 1,723% |
| Profit (loss) for the period to be appropriated9905 | -€13,206 | -€32,594 | €418 | -€3,968 | €64,384 | ▲ 1,723% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64,855 | €1.0m | €2.7m | €4.6m | €5.9m | ▲ 27.7% |
| Fixed assets21/28 | €19,951 | €15,721 | €0 | - | - | - |
| Intangible fixed assets21 | - | €0 | €0 | - | - | - |
| Tangible fixed assets22/27 | €900 | €638 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | €638 | €0 | - | - | - |
| Furniture and vehicles24 | - | €0 | €0 | - | - | - |
| Financial fixed assets28 | €19,051 | €15,083 | €0 | - | - | - |
| Current assets29/58 | €44,904 | €1.0m | €2.7m | €4.6m | €5.9m | ▲ 27.7% |
| Stocks and contracts in progress3 | - | - | €2.1m | €4.6m | €5.3m | ▲ 16.5% |
| Stocks30/36 | - | - | €2.1m | €4.6m | €5.3m | ▲ 16.5% |
| Amounts receivable within one year40/41 | €39,135 | €2,220 | €473,982 | €763 | €523,274 | ▲ 68,493% |
| Trade receivables40 | - | €906 | €1,926 | €0 | €19,980 | - |
| Other amounts receivable41 | - | €1,314 | €472,056 | €763 | €503,294 | ▲ 65,874% |
| Cash at bank and in hand54/58 | €5,769 | €1.0m | €177,190 | €18,791 | €17,399 | ▼ 7.4% |
| Deferred charges and accrued income490/1 | - | €829 | €2,042 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64,855 | €1.0m | €2.7m | €4.6m | €5.9m | ▲ 27.7% |
| Equity10/15 | €45,146 | €12,552 | €12,970 | €9,003 | €73,386 | ▲ 715% |
| Contributions10/11 | - | €15,328 | €15,328 | €15,328 | €15,328 | = |
| Reserves13 | €356,860 | €356,860 | €356,860 | €356,860 | €356,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €31,000 | €31,000 | €31,000 | €31,000 | = |
| Distributable reserves133 | - | €324,000 | €324,000 | €324,000 | €324,000 | = |
| Profit (loss) carried forward14 | -€327,042 | -€359,636 | -€359,217 | -€363,185 | -€298,801 | ▲ 17.7% |
| Amounts payable17/49 | €19,709 | €1.0m | €2.7m | €4.6m | €5.8m | ▲ 26.4% |
| Amounts payable within one year42/48 | €19,709 | €1.0m | €2.7m | €4.6m | €5.8m | ▲ 26.4% |
| Financial debts43 | - | €0 | - | - | - | - |
| Credit institutions430/8 | - | €0 | - | - | - | - |
| Trade debts44 | €4,122 | €7,546 | €203,785 | €19,011 | €48,985 | ▲ 158% |
| Suppliers440/4 | - | €7,546 | €203,785 | €19,011 | €48,985 | ▲ 158% |
| Taxes, remuneration and social security45 | - | €0 | €0 | €0 | €82,834 | - |
| Taxes450/3 | - | €0 | €0 | €0 | €82,834 | - |
| Other amounts payable47/48 | - | €1.0m | €2.5m | €4.6m | €5.7m | ▲ 24.0% |
| Accrued charges and deferred income492/3 | - | €607 | €3,170 | €3,193 | €3,267 | ▲ 2.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,206 | -€32,594 | €418 | -€3,968 | €64,384 | ▲ 1,723% |
| + Depreciation and write-downs630 | €469 | €263 | €113 | - | - | - |
| Operating cash flow (approximation) | -€12,738 | -€32,331 | €531 | -€3,968 | €64,384 | ▲ 1,723% |
| Investment in fixed assets (approximation) | - | €3,967 | €15,608 | - | - | - |
| Change in cash | - | €1.0m | -€837,367 | -€158,399 | -€1,392 | ▲ 99.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €64,384
Net result €64,384 after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €418
Net result €418 after 3 loss-making years.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
08-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
10-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Herstal · 1 establishment unit since 1992
Ground area
2.2 ha
Building footprint
594 m²
Parcel 62071A0078/00N000, Wallonia. Linked by address, not a title deed.
15
companies at this address
See who is registered here
1 establishment unit
MIMO SPRL
since 19922.058.064.935
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62071A0078/00N000 | Wallonia | 2.2 ha | 1 · 594 m² | - |
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.
Structure & network
Owners and holdings
1 ownerChain of control
- SI-HBeL
- LOGIS-BeL
Highest known parent: SI-HBeL. The sources do not say who stands above it.
Owners 1
- SI-HBeLparent100%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of LOGIS-BeL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
4 categoriesLOGIS-BeL SRL33121
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Of 8,465 companies in sector 43120 we hold annual accounts for 3,233. 2,598 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-06-1992
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
47521Retail sale of hardware, building materials, paint and glass (general range)
77221Rental and leasing activities
Contact
E-mail
info@sace.beHerstal
Phone
042869190Herstal
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447726165
Also
9925:BE0447726165
Registered
13-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.