LOGISTEAM
ActiveSummary
LOGISTEAM has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €599,416 and a net result of €22,830. Equity remains stable across the filed fiscal years (±2% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▲+5
Solvency92▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.31 in 2023; short-term debt: 31.7% and cash: 8.8% of total assets), and 33.4% of the assets are financed with debt.
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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 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% 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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
44 d early
2023
42 d early
2022
62 d early
2021
51 d early
2020
31 d early
2019
46 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 46 days before the deadline; the sector median for financial year 2024 is 8 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. Usually files around 16 June (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
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22,830
2023 · -€13,324
Working capital
-€169,164▲ 29.4%
2023 · -€239,730
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, 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
Operating result-€37,384€67,952€67,341▼ 0.9%-€4,762€30,868
Net result-€54,228below the sector's middle half€53,192within the sector's middle half€56,156within the sector's middle half▲ 5.6%-€13,324below the sector's middle half€22,830within the sector's middle half
Equity€487,130within the sector's middle half▼ 10.3%€538,680within the sector's middle half▲ 10.6%€593,194within the sector's middle half▲ 10.1%€578,228within the sector's middle half▼ 2.5%€599,416within the sector's middle half▲ 3.7%
Total assets€1.1mbelow the sector's middle half▼ 10.9%€1.1mbelow the sector's middle half▼ 2.7%€943,959below the sector's middle half▼ 13.0%€962,795below the sector's middle half▲ 2.0%€900,547below the sector's middle half▼ 6.5%
Debt€628,432▼ 11.4%€546,607▼ 13.0%€350,765▼ 35.8%€384,567▲ 9.6%€301,130▼ 21.7%
Working capital-€562,468below the sector's middle half▲ 5.9%-€401,209below the sector's middle half▲ 28.7%-€269,659below the sector's middle half▲ 32.8%-€239,730below the sector's middle half▲ 11.1%-€169,164within the sector's middle half▲ 29.4%
Solvency43.7%within the sector's middle half▲ 0.3pp49.6%within the sector's middle half▲ 6.0pp62.8%above the sector's middle half▲ 13.2pp60.1%above the sector's middle half▼ 2.8pp66.6%above the sector's middle half▲ 6.5pp
Current ratio0.08below the sector's middle half▼ 0.020.25below the sector's middle half▲ 0.170.22below the sector's middle half▼ 0.030.31below the sector's middle half▲ 0.090.41below the sector's middle half▲ 0.09
Return on assets (ROA)-4.9%below the sector's middle half▼ 5.1pp4.9%within the sector's middle half▲ 9.8pp5.9%within the sector's middle half▲ 1.0pp-1.4%below the sector's middle half▼ 7.3pp2.5%within the sector's middle half▲ 3.9pp
Staff (FTE)4.9below the sector's middle half▼ 12.5%4.1below the sector's middle half▼ 16.3%4.5below the sector's middle half▲ 9.8%3.7below the sector's middle half▼ 17.8%5.5below the sector's middle half▲ 48.6%
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €30,868 after a loss of €4,762 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €900,547
Fixed assets
€784,223 ▼ 8.1%
Current assets
€116,323 ▲ 6.7%
Equity and liabilities €900,547
Equity
€599,416 ▲ 3.7%
Debt
€301,130 ▼ 21.7%
Debt's share of the balance-sheet total falls from 39.9% to 33.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117,504▲
2023 · €82,735
Cash flow
€109,466▲
2023 · €74,173
Debt to equity
0.50▼
2023 · 0.67
ROE
3.8%▲
2023 · -2.3%
Interest coverage
12.34▲
2023 · 8.41
Debt ≤ 1 year
€285,487▼
2023 · €348,744
Debt > 1 year
€15,643▼
2023 · €35,824
Income taxes
€362▼
2023 · €372
Staff costs
€331,317▲
2023 · €273,275
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 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 higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 17,039 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,233 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €260,696 | €279,853 | €273,275 | €331,317 | ▲ 21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €122,087 | €121,673 | €91,176 | €87,497 | €86,636 | ▼ 1.0% |
| Other operating charges640/8 | - | €19,764 | €19,944 | €21,971 | €22,765 | ▲ 3.6% |
| Gross operating margin9900 | €386,955 | €470,085 | €458,314 | €377,981 | €471,586 | ▲ 24.8% |
| Operating profit (loss)9901 | -€37,384 | €67,952 | €67,341 | -€4,762 | €30,868 | ▲ 748% |
| Financial income75/76B | - | €1,642 | €1,642 | €1,649 | €1,844 | ▲ 11.8% |
| Recurring financial income75 | €1,626 | €1,642 | €1,642 | €1,649 | €1,844 | ▲ 11.8% |
| Financial charges65/66B | - | €16,065 | €12,491 | €9,839 | €9,520 | ▼ 3.2% |
| Recurring financial charges65 | €18,142 | €16,065 | €12,491 | €9,839 | €9,520 | ▼ 3.2% |
| Profit (loss) for the period before taxes9903 | -€53,899 | €53,529 | €56,492 | -€12,953 | €23,192 | ▲ 279% |
| Income taxes67/77 | €329 | €337 | €336 | €372 | €362 | ▼ 2.6% |
| Profit (loss) for the period9904 | -€54,228 | €53,192 | €56,156 | -€13,324 | €22,830 | ▲ 271% |
| Profit (loss) for the period to be appropriated9905 | -€54,228 | €53,192 | €56,156 | -€13,324 | €22,830 | ▲ 271% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €943,959 | €962,795 | €900,547 | ▼ 6.5% |
| Fixed assets21/28 | €1.1m | €949,177 | €866,526 | €853,781 | €784,223 | ▼ 8.1% |
| Tangible fixed assets22/27 | €1.1m | €938,789 | €856,138 | €845,643 | €776,085 | ▼ 8.2% |
| Land and buildings22 | - | €890,904 | €821,505 | €752,107 | €691,050 | ▼ 8.1% |
| Plant, machinery and equipment23 | - | €22,392 | €22,465 | €87,347 | €78,507 | ▼ 10.1% |
| Furniture and vehicles24 | - | €25,493 | €12,167 | €6,189 | €6,529 | ▲ 5.5% |
| Financial fixed assets28 | €10,388 | €10,388 | €10,388 | €8,138 | €8,138 | = |
| Current assets29/58 | €48,828 | €136,110 | €77,433 | €109,014 | €116,323 | ▲ 6.7% |
| Amounts receivable within one year40/41 | €19,970 | €79,017 | €31,433 | €79,897 | €25,443 | ▼ 68.2% |
| Trade receivables40 | - | €79,017 | €30,969 | €79,897 | €25,105 | ▼ 68.6% |
| Other amounts receivable41 | - | - | €464 | €0 | €338 | - |
| Current investments50/53 | €14,829 | €40,699 | €32,095 | €0 | - | - |
| Cash at bank and in hand54/58 | €1,226 | €817 | €111 | €17,576 | €78,817 | ▲ 348% |
| Deferred charges and accrued income490/1 | - | €15,577 | €13,794 | €11,541 | €12,063 | ▲ 4.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €943,959 | €962,795 | €900,547 | ▼ 6.5% |
| Equity10/15 | €487,130 | €538,680 | €593,194 | €578,228 | €599,416 | ▲ 3.7% |
| Contributions10/11 | - | €488,500 | €488,500 | €488,500 | €488,500 | = |
| Reserves13 | €58,018 | €58,018 | €58,018 | €58,018 | €58,018 | = |
| Non-distributable reserves130/1 | - | €2,500 | €2,500 | €0 | - | - |
| Reserves not available under the articles1311 | - | €2,500 | €2,500 | €0 | - | - |
| Tax-exempt reserves132 | - | €55,518 | €55,518 | €55,518 | €55,518 | = |
| Distributable reserves133 | - | - | - | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | -€238,876 | -€185,684 | -€129,527 | -€142,852 | -€120,022 | ▲ 16.0% |
| Investment grants15 | - | €177,845 | €176,203 | €174,561 | €172,920 | ▼ 0.9% |
| Amounts payable17/49 | €628,432 | €546,607 | €350,765 | €384,567 | €301,130 | ▼ 21.7% |
| Amounts payable after more than one year17 | €17,136 | €9,288 | €3,673 | €35,824 | €15,643 | ▼ 56.3% |
| Financial debts170/4 | - | €9,288 | €3,673 | €35,824 | €15,643 | ▼ 56.3% |
| Amounts payable within one year42/48 | €611,297 | €537,319 | €347,092 | €348,744 | €285,487 | ▼ 18.1% |
| Current portion of amounts payable after more than one year42 | - | €7,847 | €5,616 | €23,105 | €20,180 | ▼ 12.7% |
| Trade debts44 | €7,919 | €4,700 | €1,400 | €9,330 | €12,763 | ▲ 36.8% |
| Suppliers440/4 | - | €4,700 | €1,400 | €9,330 | €12,763 | ▲ 36.8% |
| Taxes, remuneration and social security45 | - | €66,557 | €39,977 | €60,288 | €73,097 | ▲ 21.2% |
| Taxes450/3 | - | €16,465 | €5,914 | €4,453 | €20,555 | ▲ 362% |
| Remuneration and social security454/9 | - | €50,091 | €34,063 | €55,835 | €52,542 | ▼ 5.9% |
| Other amounts payable47/48 | - | €458,215 | €300,100 | €256,021 | €179,446 | ▼ 29.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€54,228 | €53,192 | €56,156 | -€13,324 | €22,830 | ▲ 271% |
| + Depreciation and write-downs630 | €122,087 | €121,673 | €91,176 | €87,497 | €86,636 | ▼ 1.0% |
| Operating cash flow (approximation) | €67,859 | €174,865 | €147,332 | €74,173 | €109,466 | ▲ 47.6% |
| Investment in fixed assets (approximation) | - | -€4,117 | -€8,524 | -€74,753 | -€17,078 | ▲ 77.2% |
| Change in cash | - | -€409 | -€706 | €17,465 | €61,241 | ▲ 251% |
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
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €22,830
Net result €22,830 after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €56,156 ▲5.6%
Net result €56,156, the highest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €53,192
Net result €53,192 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €538,680 ▲10.6%
Equity rises from €487,130 to €538,680.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €3,523
Net result €3,523 after one loss-making year.
Show earlier events
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
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 3 acts read
About the unread acts
We know of 3 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
3 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, Tournai · 1 establishment unit since 2002
Ground area
1.1 ha
Building footprint
1,609 m²
Volume, LiDAR
8,481 m³
Parcel 57008D0516/00W000, Wallonia · tallest building 16.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DOMINIQUE BUYSE
since 20022.098.965.380
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57008D0516/00W000 | Wallonia | 1.1 ha | 1 · 1,608 m² | 16.4 m · 2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
99.6%
According to the 2024 annual accounts of LOGISTEAM 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.
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Of 1,031 companies in sector 52100 we hold annual accounts for 769. 538 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
Founded06-03-2002
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
70200Business and other management consultancy
52249Warehousing and support activities for transportation
82920Office administrative, office support and other business support activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477021749
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.