Active BE 0446.987.480Public limited company

Logitoys

Rue Omer Lefèvre(L.L) 36 ·7100 La Louvière, Belgium· 34 yrs active

Sector: Head office activities (70100)

Conclusion Checked

The computed 12-month bankruptcy probability of Logitoys is 0.3% (very low). The 2020 annual accounts show negative equity (€-159k) and a net result of €-8.02M. Its solvency ranks better than 10% of 241 sector peers (fiscal year 2020). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€-159k
Net result	€-8.02M
Staff (FTE)	122.6
Better than sector	10%

Snowflake analysis 5 axes · computed by Checked

37 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 33

Solvency 14

Growth 40

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Long-established

Founded in 1992, 34 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2020 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 09-07-2020 with the NBB · fiscal year 2020 · volledig

RevenueOperating resultNet result

Sector comparison

Fiscal year 2020 · NACE 70, Head offices & management consulting · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	-0.6%	46.4%	better than 10% of 241 sector peers
Net result	€-8.58M	€31k	better than 5% of 241 sector peers
Equity	€-159k	€475k	better than 5% of 241 sector peers
Employees (FTE)	122.6	4.9	better than 95% of 95 sector peers
Total assets	€28.76M	€1.51M	better than 85% of 241 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€127.52M

+6.3% 19-20

EBITDA

€-8.84M

- far below sector median

Net profit

€-8.02M

- far below sector median

Cash flow

€-7.66M

- far below sector median

Total assets

€28.76M

-11.1% far above sector median

Equity

€-159k

- far below sector median

Working capital

€-1.75M

- far below sector median

Employees (FTE)

123

+6.5% far above sector median

Income taxes

€245k

+3770.5% far above sector median

Debt

€28.92M

+20.9% far above sector median

Debt ≤ 1y

€28.82M

+21.6% far above sector median

Current ratio

0.94

-26.6% -55% vs sector

Quick ratio

0.59

-34.2% -72% vs sector

Solvency

-0.6%

- far below sector median

ROE

5037.4%

+71814.9% far above sector median

ROA

-27.9%

- far below sector median

Net margin

-6.3%

- 19-20

EBITDA margin

-6.9%

- 19-20

Interest coverage

-28.54

- far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Revenue	€127.52M
EBITDA	€-8.84M
Net profit	€-8.02M
Cash flow	€-7.66M
Staff costs	-
Income taxes	€245k
Dividends	-
Total assets	€28.76M
Equity	€-159k
Debt	€28.92M
of which ≤ 1y	€28.82M
of which > 1y	-
Working capital	€-1.75M
Employees (FTE)	122.6

Ratios (computed)

	2020
Current ratio	0.94
Quick ratio	0.59
Working capital ratio	-6.1%
Solvency	-0.6%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-28.54
Gross margin	-
Net margin	-6.3%
ROA	-27.9%
ROE	5037.4%
EBITDA margin	-6.9%
Days sales outstanding	46d
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €1.70M · 5.9% Current assets €27.06M · 94.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€28.76M
Fixed assets	21/28	€1.70M
Intangible fixed assets	21	€134k
Tangible fixed assets	22/27	€369k
Financial fixed assets	28	€1.20M
Current assets	29/58	€27.06M
Stocks & contracts in progress	3	€10.11M
Amounts receivable within one year	40/41	€15.94M
Cash & bank	54/58	€853k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€28.76M
Equity	10/15	€-159k
Contributions / capital	10/11	€7.44M
Reserves	13	€418k
Accumulated profits (losses)	14	€-8.02M
Amounts payable	17/49	€28.92M
Amounts payable within one year	42/48	€28.82M
Trade debts payable within one year	44	€25.46M
Income statement
Turnover	70	€127.52M
Operating result	9901	€-9.20M
Financial income	75	€1.24M
Financial charges	65	€375k
Result before taxes	9903	€-8.33M
Income taxes	67/77	€245k
Net result for the period	9904	€-8.58M
Result to be appropriated	9905	€-8.58M

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Ratios computed by Checked.

Legal Structure

NACE primary	Head office activities(70100)
Legal form	Public limited company(014)
Incorporation	26-03-1992
Status	Active
Postal code	7100

Establishment units 1 location

Rue Athéna(H-G) 5, 7110 La Louvière

Groothandel in sport- en kampeerartikelen, rijwielen en onderdelen en toebehoren daarvan, spellen en speelgoed

since 19992.058.310.108

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55020B0381/00E000	Wallonia	7.1 ha	1 · 2.8 ha	-
55022A0470/00L058	Wallonia	143 m²	1 · 73 m²	11.7 m · 4 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2020

09-07-2020