LOGIX
ActiveSummary
LOGIX has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93,762 and a net result of €3,910. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 50% of 13484 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-35
Solvency56▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.55 against 1.49 in 2024; short-term debt: 33.8% and cash: 5.1% of total assets), and 69.4% of the assets are financed with debt.
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Signals
Six 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.6%
Return on assets
1.3%
Age of the figures
15 mo
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 €93,762
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-02-2026, 12 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
12 d late
2024
63 d late
2023
279 d late
2022
644 d late
2021
32 d late
2020
25 d early
2019
29 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 139 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€93,762▲ 4.4%
2024 · €89,853
Total assets
€306,861▲ 11.8%
2024 · €274,595
Net result
€3,910▼ 91.8%
2024 · €47,560
Working capital
-€47,191
2024 · €22,291
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,061€23,569▲ 6.8%€60,271▲ 156%€70,215▲ 16.5%€28,921▼ 58.8%
Net result€16,524€17,326▲ 4.9%€26,500▲ 53.0%€47,560▲ 79.5%€3,910▼ 91.8%
Equity€7,652€24,978▲ 226%€70,231▲ 181%€89,853▲ 27.9%€93,762▲ 4.4%
Total assets€266,550▲ 3.3%€268,468▲ 0.7%€285,353▲ 6.3%€274,595▼ 3.8%€306,861▲ 11.8%
Debt€258,898▼ 3.0%€243,490▼ 6.0%€215,122▼ 11.7%€184,742▼ 14.1%€213,099▲ 15.3%
Working capital-€24,259▲ 75.0%-€92,676▼ 282%-€77,968▲ 15.9%€22,291-€47,191
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €306,861
Fixed assets
€250,188 ▲ 21.2%
Current assets
€56,673 ▼ 16.9%
Equity and liabilities €306,861
Equity
€93,762 ▲ 4.4%
Debt
€213,099 ▲ 15.3%
Debt's share of the balance-sheet total rises from 67.3% to 69.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35,705▼
2024 · €79,390
Cash flow
€10,694▼
2024 · €56,734
Current ratio
0.55▼
2024 · 1.49
Quick ratio
0.42▼
2024 · 1.23
Debt to equity
2.27▲
2024 · 2.06
ROE
4.2%▼
2024 · 52.9%
ROA
1.3%▼
2024 · 17.3%
Interest coverage
4.10▼
2024 · 7.46
Debt ≤ 1 year
€103,864▲
2024 · €45,875
Debt > 1 year
€109,235▼
2024 · €138,867
Income taxes
€16,305▲
2024 · €12,011
Staff costs
€238,506▲
2024 · €234,703
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €264,615 | €207,345 | €234,703 | €238,506 | ▲ 1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,624 | €14,392 | €8,317 | €9,174 | €6,784 | ▼ 26.1% |
| Other operating charges640/8 | - | €33,570 | €2,703 | €6,357 | €9,211 | ▲ 44.9% |
| Gross operating margin9900 | €175,567 | €336,146 | €278,636 | €320,450 | €283,421 | ▼ 11.6% |
| Operating profit (loss)9901 | €22,061 | €23,569 | €60,271 | €70,215 | €28,921 | ▼ 58.8% |
| Recurring financial income75 | €48 | - | - | - | - | - |
| Financial charges65/66B | - | €9,233 | €8,799 | €10,645 | €8,706 | ▼ 18.2% |
| Recurring financial charges65 | €5,663 | €9,233 | €8,799 | €10,645 | €8,706 | ▼ 18.2% |
| Profit (loss) for the period before taxes9903 | €16,447 | €14,336 | €51,472 | €59,570 | €20,215 | ▼ 66.1% |
| Income taxes67/77 | -€77 | -€2,990 | €24,972 | €12,011 | €16,305 | ▲ 35.8% |
| Profit (loss) for the period9904 | €16,524 | €17,326 | €26,500 | €47,560 | €3,910 | ▼ 91.8% |
| Profit (loss) for the period to be appropriated9905 | €16,524 | €17,326 | €26,500 | €47,560 | €3,910 | ▼ 91.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €266,550 | €268,468 | €285,353 | €274,595 | €306,861 | ▲ 11.8% |
| Fixed assets21/28 | €195,523 | €214,769 | €212,133 | €206,428 | €250,188 | ▲ 21.2% |
| Intangible fixed assets21 | €167 | €83 | - | - | - | - |
| Tangible fixed assets22/27 | €194,044 | €213,374 | €210,776 | €205,071 | €248,782 | ▲ 21.3% |
| Land and buildings22 | - | €158,500 | €210,776 | €158,500 | €158,500 | = |
| Plant, machinery and equipment23 | - | €29,621 | - | €26,433 | €72,242 | ▲ 173% |
| Furniture and vehicles24 | - | - | - | - | €995 | - |
| Other tangible fixed assets26 | - | €25,253 | - | €20,138 | €17,046 | ▼ 15.4% |
| Financial fixed assets28 | €1,312 | €1,312 | €1,357 | €1,357 | €1,406 | ▲ 3.6% |
| Current assets29/58 | €71,028 | €53,699 | €73,220 | €68,167 | €56,673 | ▼ 16.9% |
| Stocks and contracts in progress3 | €11,956 | €13,796 | €17,533 | €11,650 | €13,007 | ▲ 11.6% |
| Stocks30/36 | - | €13,796 | €17,533 | €11,650 | €13,007 | ▲ 11.6% |
| Amounts receivable within one year40/41 | €12,612 | €4,133 | €47,381 | €37,334 | €27,954 | ▼ 25.1% |
| Trade receivables40 | - | €4,133 | €12,483 | €37,334 | €27,954 | ▼ 25.1% |
| Other amounts receivable41 | - | - | €34,898 | - | - | - |
| Cash at bank and in hand54/58 | €46,460 | €35,770 | €8,306 | €19,183 | €15,712 | ▼ 18.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €266,550 | €268,468 | €285,353 | €274,595 | €306,861 | ▲ 11.8% |
| Equity10/15 | €7,652 | €24,978 | €70,231 | €89,853 | €93,762 | ▲ 4.4% |
| Contributions10/11 | - | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Reserves13 | €2,480 | €2,480 | €2,480 | €2,480 | €2,480 | = |
| Non-distributable reserves130/1 | - | €2,480 | €2,480 | €2,480 | €2,480 | = |
| Reserves not available under the articles1311 | - | €2,480 | €2,480 | €2,480 | €2,480 | = |
| Profit (loss) carried forward14 | -€19,617 | -€2,291 | €42,961 | €62,583 | €66,493 | ▲ 6.2% |
| Amounts payable17/49 | €258,898 | €243,490 | €215,122 | €184,742 | €213,099 | ▲ 15.3% |
| Amounts payable after more than one year17 | €125,111 | €97,116 | €63,934 | €138,867 | €109,235 | ▼ 21.3% |
| Financial debts170/4 | - | €36,242 | €21,845 | €33,058 | €15,306 | ▼ 53.7% |
| Advances received on contracts in progress176 | - | €60,874 | €42,089 | €31,717 | €21,087 | ▼ 33.5% |
| Other amounts payable178/9 | - | - | - | €74,092 | €72,842 | ▼ 1.7% |
| Amounts payable within one year42/48 | €95,287 | €146,374 | €151,189 | €45,875 | €103,864 | ▲ 126% |
| Current portion of amounts payable after more than one year42 | - | €12,096 | €68,070 | €18,572 | €36,974 | ▲ 99.1% |
| Trade debts44 | €30,553 | €71,280 | - | - | - | - |
| Suppliers440/4 | - | €71,280 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €11,955 | €17,581 | €25,992 | €18,473 | ▼ 28.9% |
| Taxes450/3 | - | - | €10,948 | €8,981 | €4,853 | ▼ 46.0% |
| Remuneration and social security454/9 | - | €11,955 | €6,633 | €17,011 | €13,620 | ▼ 19.9% |
| Other amounts payable47/48 | - | €51,043 | €65,537 | €1,311 | €48,417 | ▲ 3,592% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,524 | €17,326 | €26,500 | €47,560 | €3,910 | ▼ 91.8% |
| + Depreciation and write-downs630 | €26,624 | €14,392 | €8,317 | €9,174 | €6,784 | ▼ 26.1% |
| Operating cash flow (approximation) | €43,147 | €31,718 | €34,816 | €56,734 | €10,694 | ▼ 81.2% |
| Investment in fixed assets (approximation) | - | -€33,639 | -€5,680 | -€3,469 | -€50,544 | ▼ 1,357% |
| Change in cash | - | -€10,690 | -€27,463 | €10,876 | -€3,471 | ▼ 132% |
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
12-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 279 days late
05-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 644 days late
30-06
Financial
Highest result since 2019net €47,560 ▲79.5%
Operating result €70,215, net result €47,560, both a record.
30-06
Financial
Liquidity triplescurrent ratio 1.49
Current ratio from 0.48 to 1.49; short-term debt falls from €151,189 to €45,875.
2022
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
30-06
Financial
Back to profitnet €16,524
Net result €16,524 after one loss-making year.
06-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet -€38,149
Net result drops to -€38,149, the lowest in the series; recovery starts the following year.
02-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
13-12
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 2 acts read
About the unread acts
We know of 2 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
2 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, Mont-Saint-Guibert · 1 establishment unit since 1997
Ground area
661 m²
Building footprint
221 m²
Parcel 25020A0079/00X000, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BRASSERIE GAILLARD
since 19972.082.979.879
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25020A0079/00X000 | Wallonia | 661 m² | 1 · 221 m² | - |
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.
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,451. 9,639 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
Founded17-07-1997
Fiscal year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.