Skip to content

LOGISTICO

Active
Private limited companyfounded 20197 yrs activeKBO/BCE: BE 0731.710.194
Summary

The computed 12-month bankruptcy probability of LOGISTICO is 8.0% (elevated). The 2024 annual accounts show negative equity (-€26,709) and a net result of €17,862. Equity is shrinking by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 6537 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability87▲+87
Solvency0=
Growth72▲+18
Track record92
Bankruptcy probability, 12 months
8.0% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.23 in 2023; short-term debt: 359.9% and cash: 99.1% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-259.9%
Return on assets
173.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6537 sector peers (2024).
NBB · sector comparison
Position among 6537 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
74 d late
2023
51 d late
2022
13 d late
2021
33 d early
2020
148 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 51 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

LOGISTICO was incorporated on 30 July 2019 as a Private limited company.1 Revenue grew from EUR 95,932 in 2020 to EUR 228,596 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, full schema

Turnover
€228,596▲ 40.3%
2023 · €162,909
EBIT margin
10.2%▲ 25.4pp
2023 · -15.2%
Net result
€17,862
2023 · -€24,855
Working capital
-€26,709▲ 41.2%
2023 · -€45,441
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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€95,932-€51,361▼ 46.5%€125,585▲ 145%€162,909▲ 29.7%€228,596▲ 40.3%
Operating result-€19,591--€7,465▲ 61.9%€227-€24,759€23,394
Net result-€19,643below the sector's middle half--€7,601below the sector's middle half▲ 61.3%-€471within the sector's middle half▲ 93.8%-€24,855below the sector's middle half▼ 5,177%€17,862within the sector's middle half
EBIT margin-20.4%--14.5%▲ 5.9pp0.2%▲ 14.7pp-15.2%▼ 15.4pp10.2%▲ 25.4pp
Equity-€11,643below the sector's middle half--€19,245below the sector's middle half▼ 65.3%-€19,716below the sector's middle half▼ 2.4%-€44,571below the sector's middle half▼ 126%-€26,709below the sector's middle half▲ 40.1%
Total assets€75,512below the sector's middle half-€79,070below the sector's middle half▲ 4.7%€108,764below the sector's middle half▲ 37.6%€14,610below the sector's middle half▼ 86.6%€10,279below the sector's middle half▼ 29.6%
Debt€87,155-€98,315▲ 12.8%€128,479▲ 30.7%€59,181▼ 53.9%€36,987▼ 37.5%
Working capital-€32,977--€45,911▼ 39.2%-€19,716▲ 57.1%-€45,441▼ 130%-€26,709▲ 41.2%
Solvency-15.4%below the sector's middle half--24.3%below the sector's middle half▼ 8.9pp-18.1%below the sector's middle half▲ 6.2pp-305.1%below the sector's middle half▼ 287.0pp-259.9%below the sector's middle half▲ 45.2pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: -€19,591-€19,591Net result 2020: -€19,643-€19,643Operating result 2021: -€7,465-€7,465Net result 2021: -€7,601-€7,601Operating result 2022: €227€227Net result 2022: -€471-€471Operating result 2023: -€24,759-€24,759Net result 2023: -€24,855-€24,855Operating result 2024: €23,394€23,394Net result 2024: €17,862€17,86220202021202220232024-€40,000-€20,000€0€20,000Operating result 2022: €227€227Net result 2022: -€471-€471Operating result 2023: -€24,759-€24,800Net result 2023: -€24,855-€24,900Operating result 2024: €23,394€23,400Net result 2024: €17,862€17,900202220232024
The operating result returns to profit in 2024: €23,394 after a loss of €24,759 in 2023, the highest result in the available series.
Key figures and ratios
2024 value · change against 2023
EBITDA
€24,264▲
2023 · -€24,324
Cash flow
€18,733▲
2023 · -€24,420
Current ratio
0.28▲
2023 · 0.23
Debt to equity
-1.38▼
2023 · -1.33
ROA
173.8%▲
2023 · -170.1%
Interest coverage
231.95▲
2023 · -253.85
Debt ≤ 1 year
€36,987▼
2023 · €59,181
Income taxes
€5,427▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,178 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
4.3% went bankrupt
5.6% stopped otherwise
89% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 8.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,178 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 · 2024 against 2023 · 54 lines
Balance sheet Code20232024
Assets
Total assets20/58€14,610€10,279▼
Fixed assets21/28€870-
Tangible fixed assets22/27€870-
Furniture and vehicles24€870-
Current assets29/58€13,739€10,279▼
Amounts receivable after more than one year29€0-
Stocks and contracts in progress3€0-
Amounts receivable within one year40/41€11,315€94▼
Trade receivables40€0-
Other amounts receivable41€11,315€94▼
Cash at bank and in hand54/58€1,796€10,184▲
Deferred charges and accrued income490/1€628-
Equity and liabilities
Total equity and liabilities10/49€14,610€10,279▼
Equity10/15-€44,571-€26,709▲
Contributions10/11€8,000€8,000=
Capital10€8,000€8,000=
Issued capital100€8,000€8,000=
Reserves13€0-
Non-distributable reserves130/1€0-
Profit (loss) carried forward14-€52,571-€34,709▲
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Amounts payable17/49€59,181€36,987▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€59,181€36,987▼
Financial debts43€0-
Trade debts44€59,015€36,987▼
Suppliers440/4€59,015€36,987▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€165-
Income statement Code20232024
Turnover70€162,909€228,596▲
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61€186,283€200,917▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€435€870▲
Other operating charges640/8€950€3,551▲
Non-recurring operating charges66A€0-
Gross operating margin9900-€23,374€27,815▲
Operating profit (loss)9901-€24,759€23,394▲
Financial income75/76B€0-
Recurring financial income75€0-
Non-recurring financial income76B€0-
Financial charges65/66B€96€105▲
Recurring financial charges65€96€105▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903-€24,855€23,289▲
Income taxes67/77€0€5,427▲
Profit (loss) for the period9904-€24,855€17,862▲
Profit (loss) for the period to be appropriated9905-€24,855€17,862▲
Appropriation of the result
Profit (loss) to be appropriated9906-€52,571-€34,709▲
Profit (loss) brought forward from the previous period14P-€27,716-€52,571▼
Transfer to equity691/2€0-
Profit to be distributed694/7€0-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€95,932€51,361€125,585€162,909€228,596▲ 40.3%
Non-recurring operating income76A-€0€0€0--
Goods, raw materials, services and sundry goods60/61-€42,822€116,140€186,283€200,917▲ 7.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,667€10,667€0€435€870▲ 100.0%
Other operating charges640/8-€9,837€13,218€950€3,551▲ 274%
Non-recurring operating charges66A-€0€0€0--
Gross operating margin9900-€5,771€13,039€13,445-€23,374€27,815▲ 219%
Operating profit (loss)9901-€19,591-€7,465€227-€24,759€23,394▲ 194%
Financial income75/76B--€0€0--
Recurring financial income75--€0€0--
Non-recurring financial income76B-€0€0€0--
Financial charges65/66B-€136€97€96€105▲ 9.2%
Recurring financial charges65€52€136€97€96€105▲ 9.2%
Non-recurring financial charges66B-€0€0€0--
Profit (loss) for the period before taxes9903-€19,643-€7,601€130-€24,855€23,289▲ 194%
Income taxes67/77--€601€0€5,427-
Profit (loss) for the period9904-€19,643-€7,601-€471-€24,855€17,862▲ 172%
Profit (loss) for the period to be appropriated9905-€19,643-€7,601-€471-€24,855€17,862▲ 172%
Line20202021202220232024Change
Assets
Total assets20/58€75,512€79,070€108,764€14,610€10,279▼ 29.6%
Fixed assets21/28€21,333€26,667€0€870--
Tangible fixed assets22/27€21,333€26,667€0€870--
Furniture and vehicles24-€26,667€0€870--
Current assets29/58€54,179€52,404€108,764€13,739€10,279▼ 25.2%
Amounts receivable after more than one year29--€0€0--
Stocks and contracts in progress3--€0€0--
Amounts receivable within one year40/41€52,508€50,846€105,614€11,315€94▼ 99.2%
Trade receivables40-€50,846€97,005€0--
Other amounts receivable41-€0€8,610€11,315€94▼ 99.2%
Cash at bank and in hand54/58€1,671€1,558€3,150€1,796€10,184▲ 467%
Deferred charges and accrued income490/1---€628--
Equity and liabilities
Total equity and liabilities10/49€75,512€79,070€108,764€14,610€10,279▼ 29.6%
Equity10/15-€11,643-€19,245-€19,716-€44,571-€26,709▲ 40.1%
Contributions10/11€8,000€8,000€8,000€8,000€8,000=
Capital10-€8,000€8,000€8,000€8,000=
Issued capital100-€8,000€8,000€8,000€8,000=
Reserves13--€0€0--
Non-distributable reserves130/1--€0€0--
Profit (loss) carried forward14-€19,643-€27,245-€27,716-€52,571-€34,709▲ 34.0%
Provisions and deferred taxes16--€0€0--
Provisions for liabilities and charges160/5--€0€0--
Amounts payable17/49€87,155€98,315€128,479€59,181€36,987▼ 37.5%
Amounts payable after more than one year17--€0€0--
Financial debts170/4--€0€0--
Amounts payable within one year42/48€87,155€98,315€128,479€59,181€36,987▼ 37.5%
Financial debts43--€0€0--
Trade debts44€54,948€79,401€128,479€59,015€36,987▼ 37.3%
Suppliers440/4-€79,401€128,479€59,015€36,987▼ 37.3%
Taxes, remuneration and social security45-€77€0€0--
Taxes450/3-€77€0€0--
Other amounts payable47/48-€18,838€0€165--
Line20202021202220232024Change
Profit (loss) for the period9904-€19,643-€7,601-€471-€24,855€17,862▲ 172%
+ Depreciation and write-downs630€10,667€10,667€0€435€870▲ 100.0%
Operating cash flow (approximation)-€8,977€3,065-€471-€24,420€18,733▲ 177%
Investment in fixed assets (approximation)--€16,000€26,667-€1,306--
Change in cash--€113€1,592-€1,353€8,388▲ 720%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
29-06
KBO administration Address struck
event 05-06-2026
2025
13-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 74 days late
2024
31-12
Financial Back to profitnet €17,862
Net result €17,862 after 4 loss-making years.
20-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 51 days late
2023
31-12
Financial Weakest financial yearnet -€24,855
Net result drops to -€24,855, the lowest in the series; recovery starts the following year.
13-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 13 days late
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
26-12
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 148 days late
SignalFinancial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Sint-Jans-Molenbeek · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1,138 m²
Building footprint
928 m²
Volume, LiDAR
8,796 m³
Parcel 21523B0948/00A007, Brussels · tallest building 11.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LOGISTICO
NACE 45112
since 20192.294.531.535
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21523B0948/00A007 Brussels 1,138 m² 1 · 928 m² 11.2 m · 4 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

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 10,664 companies in sector 47811 we hold annual accounts for 5,226. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95313Repair and fitting of specific motor vehicle parts
46180Agents specialised in the wholesale of other particular products
49330On-demand passenger transport by chauffeured vehicle
95314Bodywork repair (including spraying and painting)
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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