LOGIT ONE
ActiveSummary
LOGIT ONE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3.1m) and a net result of -€838,321. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-2
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 65.5 against 10.59 in 2024; short-term debt: 1.3% and cash: 4.6% of total assets), but 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
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-64.7%
Return on assets
-17.5%
Age of the figures
9 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€3.1m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
54 d late
2023
419 d late
2022
717 d late
2021
193 d late
2020
80 d early
2019
42 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 185 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€838,321▲ 3.4%
2024 · -€867,890
Working capital
€4.1m▲ 302%
2024 · €1.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
Line20212022202320242025
Operating result-€117,330▼ 211%-€998,920▼ 751%-€1.2m▼ 15.2%-€587,407▲ 48.9%-€567,447▲ 3.4%
Net result-€138,909below the sector's middle half▼ 151%-€1.1mbelow the sector's middle half▼ 665%-€1.4mbelow the sector's middle half▼ 33.3%-€867,890below the sector's middle half▲ 38.7%-€838,321below the sector's middle half▲ 3.4%
Equity€569,034above the sector's middle half▼ 19.6%-€493,292below the sector's middle half-€1.4mbelow the sector's middle half▼ 181%-€2.3mbelow the sector's middle half▼ 62.5%-€3.1mbelow the sector's middle half▼ 37.2%
Total assets€1.7mabove the sector's middle half▲ 39.1%€2.5mabove the sector's middle half▲ 43.2%€3.7mabove the sector's middle half▲ 50.3%€4.2mabove the sector's middle half▲ 14.0%€4.8mabove the sector's middle half▲ 12.7%
Debt€1.2m▲ 117%€3.0m▲ 156%€5.1m▲ 72.1%€6.5m▲ 27.2%€7.9m▲ 21.2%
Working capital€405,279▲ 69.0%€147,704▼ 63.6%€1.1m▲ 649%€1.0m▼ 7.8%€4.1m▲ 302%
Solvency32.9%within the sector's middle half▼ 24.0pp-19.9%below the sector's middle half▼ 52.8pp-37.3%below the sector's middle half▼ 17.4pp-53.1%below the sector's middle half▼ 15.9pp-64.7%below the sector's middle half▼ 11.5pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €567,447 in 2025 against €587,407 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.8m
Fixed assets
€623,800 ▼ 80.0%
Current assets
€4.2m ▲ 270%
Key figures and ratios
EBITDA
-€567,072▼
2024 · €86,795
Cash flow
-€837,946▼
2024 · -€193,688
Current ratio
65.50▲
2024 · 10.59
Debt to equity
-2.55▲
2024 · -2.88
ROA
-17.5%▲
2024 · -20.4%
Interest coverage
-2.05▼
2024 · 0.29
Debt ≤ 1 year
€63,553▼
2024 · €106,330
Debt > 1 year
€7.1m▲
2024 · €5.9m
Income taxes
€981
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 600 companies that looked in July 2024 the way this one looks now, 8.5% went bankrupt within 24 months and 83% are still going.
- Small
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
8.5%
went bankrupt
5.8%
stopped otherwise
83%
still going
A further 2.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% 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%.
| 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 600 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €831,895 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €205,806 | €295,950 | €467,451 | €674,202 | €375 | ▼ 99.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €20,669 | €20,669 | €20,669 | €21,413 | €8,206 | ▼ 61.7% |
| Other operating charges640/8 | €5,331 | €1,408 | €1,069 | €555 | €840 | ▲ 51.3% |
| Gross operating margin9900 | €114,476 | -€680,892 | -€661,141 | €108,764 | -€558,026 | ▼ 613% |
| Operating profit (loss)9901 | -€117,330 | -€998,920 | -€1.2m | -€587,407 | -€567,447 | ▲ 3.4% |
| Financial income75/76B | €116 | €714 | €2,236 | €16,671 | €6,571 | ▼ 60.6% |
| Recurring financial income75 | €116 | €714 | €2,236 | €16,671 | €6,571 | ▼ 60.6% |
| Financial charges65/66B | €21,047 | €63,523 | €267,812 | €297,154 | €276,464 | ▼ 7.0% |
| Recurring financial charges65 | €21,047 | €63,523 | €224,727 | €297,154 | €276,464 | ▼ 7.0% |
| Non-recurring financial charges66B | - | - | €43,084 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€138,261 | -€1.1m | -€1.4m | -€867,890 | -€837,340 | ▲ 3.5% |
| Income taxes67/77 | €648 | €597 | - | - | €981 | - |
| Profit (loss) for the period9904 | -€138,909 | -€1.1m | -€1.4m | -€867,890 | -€838,321 | ▲ 3.4% |
| Profit (loss) for the period to be appropriated9905 | -€138,909 | -€1.1m | -€1.4m | -€867,890 | -€838,321 | ▲ 3.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €2.5m | €3.7m | €4.2m | €4.8m | ▲ 12.7% |
| Formation expenses20 | - | - | €0 | €0 | - | - |
| Fixed assets21/28 | €834,005 | €1.3m | €2.6m | €3.1m | €623,800 | ▼ 80.0% |
| Intangible fixed assets21 | €737,072 | €1.2m | €1.9m | €2.5m | - | - |
| Tangible fixed assets22/27 | €1,722 | €2,004 | €1,189 | €375 | - | - |
| Furniture and vehicles24 | €1,722 | €2,004 | €1,189 | €375 | - | - |
| Financial fixed assets28 | €95,212 | €103,212 | €623,800 | €623,800 | €623,800 | = |
| Current assets29/58 | €895,870 | €1.2m | €1.2m | €1.1m | €4.2m | ▲ 270% |
| Amounts receivable within one year40/41 | €628,490 | €911,153 | €1.0m | €979,343 | €3.9m | ▲ 296% |
| Trade receivables40 | €539,715 | €823,436 | €953,743 | €958,404 | €3.9m | ▲ 304% |
| Other amounts receivable41 | €88,775 | €87,718 | €76,789 | €20,939 | €3,023 | ▼ 85.6% |
| Cash at bank and in hand54/58 | €78,676 | €159,397 | €69,841 | €105,693 | €220,293 | ▲ 108% |
| Deferred charges and accrued income490/1 | €188,704 | €122,245 | €70,276 | €40,831 | €63,598 | ▲ 55.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €2.5m | €3.7m | €4.2m | €4.8m | ▲ 12.7% |
| Equity10/15 | €569,034 | -€493,292 | -€1.4m | -€2.3m | -€3.1m | ▼ 37.2% |
| Contributions10/11 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Capital10 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Issued capital100 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Revaluation surpluses12 | €94,999 | €94,999 | €615,799 | €615,799 | €615,799 | = |
| Reserves13 | €2,725 | €2,725 | €2,725 | €2,725 | €2,725 | = |
| Non-distributable reserves130/1 | €2,725 | €2,725 | €2,725 | €2,725 | €2,725 | = |
| Legal reserve130 | €2,725 | €2,725 | €2,725 | €2,725 | €2,725 | = |
| Profit (loss) carried forward14 | -€733,390 | -€1.8m | -€3.2m | -€4.1m | -€4.9m | ▼ 20.5% |
| Amounts payable17/49 | €1.2m | €3.0m | €5.1m | €6.5m | €7.9m | ▲ 21.2% |
| Amounts payable after more than one year17 | €665,000 | €1.9m | €4.8m | €5.9m | €7.1m | ▲ 20.3% |
| Financial debts170/4 | €200,000 | - | - | - | €7.1m | - |
| Other amounts payable178/9 | €465,000 | €1.9m | €4.8m | €5.9m | - | - |
| Amounts payable within one year42/48 | €490,591 | €1.0m | €64,567 | €106,330 | €63,553 | ▼ 40.2% |
| Trade debts44 | €441,439 | €268,180 | €20,008 | €85,598 | €63,553 | ▼ 25.8% |
| Suppliers440/4 | €441,439 | €268,180 | €20,008 | €85,598 | €63,553 | ▼ 25.8% |
| Taxes, remuneration and social security45 | €49,152 | €56,531 | €44,559 | €20,733 | - | - |
| Taxes450/3 | €49,152 | €56,531 | €44,559 | €20,733 | - | - |
| Other amounts payable47/48 | - | €720,380 | - | - | - | - |
| Accrued charges and deferred income492/3 | €5,250 | €41,330 | €278,153 | €476,320 | €697,812 | ▲ 46.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€138,909 | -€1.1m | -€1.4m | -€867,890 | -€838,321 | ▲ 3.4% |
| + Depreciation and write-downs630 | €205,806 | €295,950 | €467,451 | €674,202 | €375 | ▼ 99.9% |
| Operating cash flow (approximation) | €66,897 | -€766,376 | -€948,455 | -€193,688 | -€837,946 | ▼ 333% |
| Investment in fixed assets (approximation) | - | -€747,063 | -€1.7m | -€1.2m | €2.5m | ▲ 301% |
| Change in cash | - | €80,721 | -€89,556 | €35,852 | €114,600 | ▲ 220% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Liquidity times 6current ratio 65.50
Current ratio from 10.59 to 65.50; short-term debt falls from €106,330 to €63,553.
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 54 days late
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 419 days late
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 717 days late
2023
31-12
Financial
Weakest financial yearnet -€1.4m
Net result drops to -€1.4m, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 16current ratio 18.13
Current ratio from 1.14 to 18.13; short-term debt falls from €1.0m to €64,567.
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 193 days late
2021
12-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.77
Current ratio from 0.54 to 1.77; short-term debt falls from €477,482 to €310,895.
31-12
Financial
Equity above €500,000Eq €707,943 ▲111,985%
Equity rises from €632 to €707,943.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 73 days late
2017
10-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Brussel · 1 establishment unit since 2013
Ground area
2.7 ha
Building footprint
5,481 m²
Volume, LiDAR
47,299 m³
2 parcels, Brussels, Flanders · tallest building 31.7 m, ±8 floors. Linked by address, not a title deed.
74
companies at this address
See who is registered here
1 establishment unit
LOGIT ONE
since 20132.226.597.782
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0095/00E008 | Flanders | 2.4 ha | 1 · 2,702 m² | - |
| 21807G0172/00G000 | Brussels | 3,384 m² | 1 · 2,779 m² | 31.7 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
- Logit One Technologies PLTINsubsidiarySourceown accounts 202599.99%
According to the 2025 annual accounts of LOGIT ONE 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.
Public money · subsidies and aid
European Union, budget
2021 · 1 entry · 31,519 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2021 | 1 | 31,519 EUR |
Projects
A EUROPEAN FEDERATED NETWORK OF INFORMATION EXCHANGE IN LOGISTICS
European research
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,786. 5,276 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0543584337
Registered
25-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.