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LOGNARD

Active
Public limited companyfounded 199036 yrs activeRue de Huleu 61-65, 1460 Ittre, BelgiumKBO/BCE: BE 0441.347.822
Summary

LOGNARD has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €115,607. Equity is growing by ~9.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability77▲+2
Solvency89▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.04 in 2024; short-term debt: 29.8% and cash: 0.1% of total assets), and 35.8% 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 · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
64.2%
Return on assets
6.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 filings
Deviation from the deadline
2025
31 d late
2024
56 d early
2023
30 d late
2022
29 d late
2021
89 d late
2020
11 d late
2019
38 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 25 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 31 August (4 of the last 5 filed years within 58 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LOGNARD was incorporated on 29 June 1990.1 The board currently has 2 members; Domidep Belgium has served longest, since 2026.2 Total assets fell from EUR 3.5 million in 2018 to EUR 1.7 million in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 08-06-2026
  3. 3National Bank, annual accounts 2018 and 2025

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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
€115,607▲ 24.4%
2024 · €92,956
Working capital
-€494,414▲ 10.6%
2024 · -€553,136
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€112,450▲ 10.4%€87,137▼ 22.5%€158,284▲ 81.6%€134,898▼ 14.8%€157,307▲ 16.6%
Net result€63,974▲ 24.7%€56,042▼ 12.4%€97,325▲ 73.7%€92,956▼ 4.5%€115,607▲ 24.4%
Equity€738,420▲ 8.6%€789,062▲ 6.9%€886,387▲ 12.3%€979,343▲ 10.5%€1.1m▲ 11.8%
Total assets€2.8m▼ 3.9%€2.0m▼ 28.5%€1.8m▼ 10.3%€1.8m▼ 0.7%€1.7m▼ 5.4%
Debt€2.1m▼ 7.6%€1.2m▼ 40.9%€929,765▼ 24.8%€824,031▼ 11.4%€610,669▼ 25.9%
Working capital-€850,394▲ 0.5%-€283,595▲ 66.7%-€352,060▼ 24.1%-€553,136▼ 57.1%-€494,414▲ 10.6%
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2021: €112,450€112,450Net result 2021: €63,974€63,974Operating result 2022: €87,137€87,137Net result 2022: €56,042€56,042Operating result 2023: €158,284€158,284Net result 2023: €97,325€97,325Operating result 2024: €134,898€134,898Net result 2024: €92,956€92,956Operating result 2025: €157,307€157,307Net result 2025: €115,607€115,60720212022202320242025€0€50,000€100,000€150,000Operating result 2023: €158,284€158,000Net result 2023: €97,325€97,300Operating result 2024: €134,898€135,000Net result 2024: €92,956€93,000Operating result 2025: €157,307€157,000Net result 2025: €115,607€116,000202320242025
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €1.7m ▼ 5.0%
Current assets €13,047 ▼ 39.1%
Equity and liabilities €1.7m
Equity €1.1m ▲ 11.8%
Debt €610,669 ▼ 25.9%
Debt's share of the balance-sheet total falls from 45.7% to 35.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€425,114▲
2024 · €417,718
Cash flow
€383,414▲
2024 · €375,776
Current ratio
0.03▼
2024 · 0.04
Debt to equity
0.56▼
2024 · 0.84
ROE
10.6%▲
2024 · 9.5%
ROA
6.8%▲
2024 · 5.2%
Interest coverage
46.65▲
2024 · 24.89
Debt ≤ 1 year
€507,462▼
2024 · €574,567
Debt > 1 year
€99,167▼
2024 · €242,049
Income taxes
€32,588▲
2024 · €25,157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 20,134 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 · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€1.7m▼
Fixed assets21/28€1.8m€1.7m▼
Tangible fixed assets22/27€1.8m€1.7m▼
Land and buildings22€1.8m€1.7m▼
Furniture and vehicles24€1,624€1,046▼
Current assets29/58€21,431€13,047▼
Amounts receivable within one year40/41€4,641€5,912▲
Other amounts receivable41€4,641€5,912▲
Cash at bank and in hand54/58€11,021€1,475▼
Deferred charges and accrued income490/1€5,769€5,660▼
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.7m▼
Equity10/15€979,343€1.1m▲
Contributions10/11€360,000€360,000=
Capital10€360,000€360,000=
Issued capital100€360,000€360,000=
Reserves13€51,000€51,000=
Non-distributable reserves130/1€36,000€36,000=
Legal reserve130€36,000€36,000=
Distributable reserves133€15,000€15,000=
Profit (loss) carried forward14€568,343€683,950▲
Amounts payable17/49€824,031€610,669▼
Amounts payable after more than one year17€242,049€99,167▼
Financial debts170/4€242,049€99,167▼
Amounts payable within one year42/48€574,567€507,462▼
Current portion of amounts payable after more than one year42€297,057€142,882▼
Trade debts44€13,527€5,394▼
Suppliers440/4€13,527€5,394▼
Taxes, remuneration and social security45€15,756€0▼
Taxes450/3€15,756€0▼
Other amounts payable47/48€248,227€359,186▲
Accrued charges and deferred income492/3€7,416€4,041▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€282,820€267,807▼
Other operating charges640/8€29,178€30,095▲
Gross operating margin9900€446,896€455,209▲
Operating profit (loss)9901€134,898€157,307▲
Financial charges65/66B€16,785€9,112▼
Recurring financial charges65€16,785€9,112▼
Profit (loss) for the period before taxes9903€118,113€148,195▲
Income taxes67/77€25,157€32,588▲
Profit (loss) for the period9904€92,956€115,607▲
Profit (loss) for the period to be appropriated9905€92,956€115,607▲
Appropriation of the result
Profit (loss) to be appropriated9906€568,343€683,950▲
Profit (loss) brought forward from the previous period14P€475,387€568,343▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€12,460----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€305,625€314,817€263,305€282,820€267,807▼ 5.3%
Other operating charges640/8€25,018€28,804€28,040€29,178€30,095▲ 3.1%
Gross operating margin9900€443,093€430,757€449,628€446,896€455,209▲ 1.9%
Operating profit (loss)9901€112,450€87,137€158,284€134,898€157,307▲ 16.6%
Financial income75/76B€5,400€5,400€0---
Recurring financial income75€5,400€5,400€0---
Financial charges65/66B€48,945€32,549€26,807€16,785€9,112▼ 45.7%
Recurring financial charges65€48,945€32,549€26,807€16,785€9,112▼ 45.7%
Profit (loss) for the period before taxes9903€68,905€59,987€131,477€118,113€148,195▲ 25.5%
Transfer from deferred taxes780€1,800€1,800€0---
Transfer to deferred taxes680€0-----
Income taxes67/77€6,731€5,745€34,152€25,157€32,588▲ 29.5%
Profit (loss) for the period9904€63,974€56,042€97,325€92,956€115,607▲ 24.4%
Profit (loss) for the period to be appropriated9905€63,974€56,042€97,325€92,956€115,607▲ 24.4%
Line20212022202320242025Change
Assets
Total assets20/58€2.8m€2.0m€1.8m€1.8m€1.7m▼ 5.4%
Fixed assets21/28€2.7m€1.9m€1.8m€1.8m€1.7m▼ 5.0%
Tangible fixed assets22/27€2.7m€1.9m€1.8m€1.8m€1.7m▼ 5.0%
Land and buildings22€2.1m€1.9m€1.8m€1.8m€1.7m▼ 5.0%
Furniture and vehicles24-€2,779€2,202€1,624€1,046▼ 35.6%
Other tangible fixed assets26€673,792-----
Assets under construction and advance payments27€0-----
Current assets29/58€102,344€101,252€9,847€21,431€13,047▼ 39.1%
Amounts receivable within one year40/41€12,978€85,054€4,255€4,641€5,912▲ 27.4%
Trade receivables40€7,850€20,000€0---
Other amounts receivable41€5,128€65,054€4,255€4,641€5,912▲ 27.4%
Cash at bank and in hand54/58€85,427€10,875€119€11,021€1,475▼ 86.6%
Deferred charges and accrued income490/1€3,938€5,324€5,474€5,769€5,660▼ 1.9%
Equity and liabilities
Total equity and liabilities10/49€2.8m€2.0m€1.8m€1.8m€1.7m▼ 5.4%
Equity10/15€738,420€789,062€886,387€979,343€1.1m▲ 11.8%
Contributions10/11€360,000€360,000€360,000€360,000€360,000=
Capital10€360,000€360,000€360,000€360,000€360,000=
Issued capital100€360,000€360,000€360,000€360,000€360,000=
Reserves13€42,700€51,000€51,000€51,000€51,000=
Non-distributable reserves130/1€27,700€36,000€36,000€36,000€36,000=
Legal reserve130€27,700€36,000€36,000€36,000€36,000=
Distributable reserves133€15,000€15,000€15,000€15,000€15,000=
Profit (loss) carried forward14€330,320€378,062€475,387€568,343€683,950▲ 20.3%
Investment grants15€5,400-----
Provisions and deferred taxes16€1,800-----
Deferred taxes168€1,800-----
Amounts payable17/49€2.1m€1.2m€929,765€824,031€610,669▼ 25.9%
Amounts payable after more than one year17€1.1m€836,078€539,106€242,049€99,167▼ 59.0%
Financial debts170/4€1.1m€836,078€539,106€242,049€99,167▼ 59.0%
Amounts payable within one year42/48€952,738€384,847€361,907€574,567€507,462▼ 11.7%
Current portion of amounts payable after more than one year42€297,180€296,889€299,362€297,057€142,882▼ 51.9%
Trade debts44€19,464€32,332€9,502€13,527€5,394▼ 60.1%
Suppliers440/4€19,464€32,332€9,502€13,527€5,394▼ 60.1%
Taxes, remuneration and social security45€0-€14,958€15,756€0▼ 100%
Taxes450/3€0-€14,958€15,756€0▼ 100%
Other amounts payable47/48€636,094€55,626€38,085€248,227€359,186▲ 44.7%
Accrued charges and deferred income492/3€25,301€15,224€28,752€7,416€4,041▼ 45.5%
Line20212022202320242025Change
Profit (loss) for the period9904€63,974€56,042€97,325€92,956€115,607▲ 24.4%
+ Depreciation and write-downs630€305,625€314,817€263,305€282,820€267,807▼ 5.3%
Operating cash flow (approximation)€369,599€370,859€360,630€375,776€383,414▲ 2.0%
Investment in fixed assets (approximation)-€490,444-€145,651-€258,459-€178,436▲ 31.0%
Change in cash--€74,552-€10,756€10,902-€9,546▼ 188%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
08-06
State Gazette act Resignations: Dimitri Cambier (director and managing director) and Aline Cambier (director)
Appointments: DOMIDEP BELGIUM (director) and Gaelle MEUNIER (director) · Permanent representative: Pascal Guerin · Director discharge10 facts ▸
  • General meeting, 01-04-2026
  • Director resignation, Dimitri Cambier (director and managing director)
  • Director resignation, Aline Cambier (director)
  • Director discharge, Dimitri Cambier
  • Director discharge, Aline Cambier
  • Director appointment, DOMIDEP BELGIUM (director)
  • Permanent representative, Pascal Guerin (permanent representative)
  • Director appointment, Gaelle MEUNIER (director)
  • Power of attorney, Dimitri de Sart
  • Power of attorney, Lara Dony
2025
31-12
Financial Highest result since 2018net €115,607 ▲24.4%
Net result €115,607, the highest in the series.
31-12
Financial Equity above €1mEq €1.1m ▲11.8%
8 profitable years in a row build equity to €1.1m.
05-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
28-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 89 days late
2021
11-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 11 days late
2020
31-12
Financial Weakest financial yearnet €51,320 ▼18.9%
Net result drops to €51,320, the lowest in the series; recovery starts the following year.
07-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 38 days late
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
17-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 directors, last change in 2026

Board 2

Domidep Belgium
Director · since 08-06-2026 · Public limited company · perm. rep.: Pascal Guerin
Current
Gaelle MEUNIER
Director · since 08-06-2026
Current

Permanent representatives 1

Pascal Guerin
Permanent representative · since 08-06-2026 · for Domidep Belgium
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ittre · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
5,229 m²
Building footprint
1,709 m²
Volume, LiDAR
11,230 m³
Parcel 25044C0127/00C002, Wallonia · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Huleu 61 6, 1460 Ittre
NACE 7012002
since 19912.052.651.543
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25044C0127/00C002 Wallonia 5,229 m² 1 · 1,709 m² 10.4 m · 2 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.

Mandate history

4 people since 2026, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Domidep Belgium
  • Director, from 08-06-2026 to date
Gaelle MEUNIER
  • Director, from 08-06-2026 to date
Aline Cambier
  • Director, until 08-06-2026
Dimitri Cambier
  • Director and managing director, until 08-06-2026
  • Director and managing director, until 08-06-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Résidence CHAMP DE HULEU 88.91%
  2. LOGNARD

Highest known parent: Résidence CHAMP DE HULEU. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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

2 current directors
Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Identification & contact

Identification
Legal formPublic limited company
Founded29-06-1990
Fiscal year end31-12
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?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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