Logiware
ActiveLogiware has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125k and a net result of €23k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 51% of 16989 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-7
Solvency86▼-12
Growth50=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 2.47 against 3.62 in 2024; short-term debt: 39% and cash: 15.7% of total assets), and 39% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 62
lower
← 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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €125k
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-03-2026, 150 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
150 d late
2024
515 d late
2023
30 d late
2022
9 d late
2021
31 d early
2020
30 d late
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€112k▲ 30.4%
2023 · €86k
2019: €95k
2020: €100k
2021: €102k
2022: €121k
2023: €86k
2019 → 2024
EBIT margin
21.4%▲ 13.1pp
2023 · 8.3%
2019: 37.9%
2020: 40.1%
2021: 45.6%
2022: 40.1%
2023: 8.3%
2019 → 2024
Net result
€23k▲ 31.7%
2024 · €17k
2019: €28k
2020: €31k
2021: €37k
2022: €38k
2023: €5k
2024: €17k
2019 → 2025
Working capital
€118k▲ 18.3%
2024 · €99k
2019: €90k
2020: €122k
2021: €159k
2022: €104k
2023: €109k
2024: €99k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€102k-€121k▲ 19.3%€86k▼ 29.3%€112k▲ 30.4%
Equity€159k-€105k▼ 33.7%€110k▲ 4.3%€102k▼ 6.9%€125k▲ 22.4%
Operating result€46k-€49k▲ 4.9%€7k▼ 85.3%€24k▲ 236%€30k▲ 23.7%
Net result€37k-€38k▲ 2.6%€5k▼ 87.9%€17k▲ 285%€23k▲ 31.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205k
Fixed assets
€8k▲ 161%
Current assets
€198k▲ 43.9%
Equity and liabilities €205k
Equity
€125k▲ 22.4%
Debt
€80k▲ 111%
The debt ratio rises from 27.0% to 39.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32k▲
2024 · €25k
Cash flow
€25k▲
2024 · €19k
Solvency
61.0%▼
2024 · 73.0%
Current ratio
2.47▼
2024 · 3.62
Quick ratio
2.47▼
2024 · 3.62
Debt / equity
0.64▲
2024 · 0.37
ROE
18.3%▲
2024 · 17.0%
ROA
11.2%▼
2024 · 12.4%
Interest coverage
42.89▲
2024 · 25.29
Debt
€80k▲
2024 · €38k
Debt ≤ 1 year
€80k▲
2024 · €38k
Income taxes
€7k▲
2024 · €6k
Staff costs
€17
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€140k€205k▲
Fixed assets21/28€3k€8k▲
Tangible fixed assets22/27€3k€7k▲
Furniture and vehicles24€3k€1k▼
Leasing and similar rights25-€6k
Financial fixed assets28€229€229=
Current assets29/58€137k€198k▲
Amounts receivable within one year40/41€90k€144k▲
Trade receivables40€24k€57k▲
Other amounts receivable41€65k€87k▲
Current investments50/53€15k€21k▲
Cash at bank and in hand54/58€32k€32k▲
Deferred charges and accrued income490/1€603€240▼
Equity and liabilities
Total equity and liabilities10/49€140k€205k▲
Equity10/15€102k€125k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€88k€111k▲
Amounts payable17/49€38k€80k▲
Amounts payable within one year42/48€38k€80k▲
Trade debts44€17k€60k▲
Suppliers440/4€271€4k▲
Bills of exchange payable441€17k€57k▲
Taxes, remuneration and social security45€21k€20k▼
Taxes450/3€21k€20k▼
Income statement
Code20242025
Turnover70€112k-
Goods, raw materials, services and sundry goods60/61€91k€81k▼
Remuneration, social security and pensions62-€17
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€349€613▲
Gross operating margin9900€26k€32k▲
Operating profit (loss)9901€24k€30k▲
Financial income75/76B€1€1k▲
Recurring financial income75€1€67▲
Non-recurring financial income76B-€944
Financial charges65/66B€1k€741▼
Recurring financial charges65€1k€741▼
Profit (loss) for the period before taxes9903€23k€30k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€17k€23k▲
Profit (loss) for the period to be appropriated9905€17k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€113k€111k▼
Profit (loss) brought forward from the previous period14P€96k€88k▼
Profit to be distributed694/7€25k-
Directors or managers695€25k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 150 days late
30-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 515 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
31-03
Financial
Weakest financial yearnet €5k ▼87.9%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 9 days late
31-03
Financial
Highest result since 2019net €38k ▲2.6%
Operating result €49k, net result €38k, both a record.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Equity above €150kEq €159k ▲29.9%
3 profitable years in a row build equity to €159k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
31-03
Financial
Equity above €100kEq €122k ▲34.3%
2 profitable years in a row build equity to €122k.
2019
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
22-09
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.
Directors · office · real estate
Directors
4 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, Wavre · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue du Belloy 71300 WavreGround area
1,294 m²
Building footprint
394 m²
Volume, LiDAR
3,913 m³
Parcel 25772G0215/00V013, Wallonia · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Avenue du Belloy 7, 1300 Wavre
since 20122.213.471.407
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772G0215/00V013 | Wallonia | 1,294 m² | 1 · 394 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Let's not copy - paste it !
BE 0794.334.681
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Of 16,886 companies in sector 62100 we hold annual accounts for 8,776. 6,927 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2012
Fiscal year end31-03
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62030Computer programming, consultancy and related activities
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.