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LOGO CONSTRUCT

Open bankruptcy
Private limited company (pre-2019)founded 1969KBO/BCE: BE 0406.444.549

A bankruptcy procedure is open for LOGO CONSTRUCT according to publications in the Belgian State Gazette; curator: Me BAUM.

Summary

The 2009 annual accounts show equity of €27,964 and a net result of €16,045.

LOGO CONSTRUCTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Commercial Court of Brussels
Declared bankrupt
3 February 2014
Supervising judge
M. Stichelbaut
Official Gazette
13-02-2014 (pdf) ↗search the document for 2014/005561

Deadlines

Appeal or third-party opposition until
passed on 28 February 2014Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 5 March 2014art. XX.104 and XX.155 CEL
First verification report
passed on 12 March 2014Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 3 February 2015Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Me BaumAnicet, Avenue Armand Huys-Mans 212, 1050 Bruxelles

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2009 was due by 31-07-2010 and was filed on 31-08-2010, 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

On 5 March 1969, LOGO CONSTRUCT was incorporated.1 Total assets went from EUR 10,893 in 2006 to EUR 60,496 in 2009.2 The company was declared bankrupt on 3 February 2014.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2006 and 2009
  3. 3Belgian State Gazette, 13-02-2014

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2009, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16,045▲ 165%
2008 · €6,047
Working capital
€9,269
2008 · -€18,606
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
Line2006200720082009
Operating result-€13,071--€3,359▲ 74.3%€6,950€27,687▲ 298%
Net result-€18,504--€3,493▲ 81.1%€6,047€16,045▲ 165%
Equity€9,365-€5,872▼ 37.3%€11,919▲ 103%€27,964▲ 135%
Total assets€10,893-€6,754▼ 38.0%€44,697▲ 562%€60,496▲ 35.3%
Debt€1,528-€882▼ 42.3%€32,779▲ 3,618%€32,531▼ 0.8%
Working capital€9,320-€6,328▼ 32.1%-€18,606€9,269
Staff (FTE)0.21▲ 400%
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000Operating result 2006: -€13,071-€13,071Net result 2006: -€18,504-€18,504Operating result 2007: -€3,359-€3,359Net result 2007: -€3,493-€3,493Operating result 2008: €6,950€6,950Net result 2008: €6,047€6,047Operating result 2009: €27,687€27,687Net result 2009: €16,045€16,0452006200720082009-€10,000€0€10,000€20,000€30,000Operating result 2007: -€3,359-€3,360Net result 2007: -€3,493-€3,490Operating result 2008: €6,950€6,950Net result 2008: €6,047€6,050Operating result 2009: €27,687€27,700Net result 2009: €16,045€16,000200720082009
The operating result has risen three years in a row; 2009 is 298% above 2008 and is the highest result in the available series.
Balance-sheet composition
2009 in colour, 2008 as the grey bar beneath
Assets €60,496
Fixed assets €21,946 ▼ 37.2%
Current assets €38,550 ▲ 295%
Equity and liabilities €60,496
Equity €27,964 ▲ 135%
Debt €32,531 ▼ 0.8%
Debt's share of the balance-sheet total falls from 73.3% to 53.8%. Equity is higher and debt is lower.
Key figures and ratios
2009 value · change against 2008
EBITDA
€40,681▲
2008 · €19,945
Cash flow
€29,040▲
2008 · €19,041
Current ratio
1.32▲
2008 · 0.34
Debt to equity
0.12▼
2008 · 0.37
ROE
57.4%▲
2008 · 50.7%
ROA
26.5%▲
2008 · 13.5%
Debt ≤ 1 year
€29,281▲
2008 · €28,363
Debt > 1 year
€3,251▼
2008 · €4,416
Income taxes
€8,700
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2009 against 2008 · 25 lines
Balance sheet Code20082009
Assets
Total assets20/58€44,697€60,496▲
Fixed assets21/28€34,940€21,946▼
Tangible fixed assets22/27€34,890€21,896▼
Financial fixed assets28€50€50=
Current assets29/58€9,757€38,550▲
Amounts receivable within one year40/41€9,732€35,769▲
Cash at bank and in hand54/58€25€2,781▲
Equity and liabilities
Total equity and liabilities10/49€44,697€60,496▲
Equity10/15€11,919€27,964▲
Contributions10/11€25,000€25,000=
Reserves13€731€2,500▲
Profit (loss) carried forward14-€13,812€464▲
Amounts payable17/49€32,779€32,531▼
Amounts payable after more than one year17€4,416€3,251▼
Amounts payable within one year42/48€28,363€29,281▲
Trade debts44€13,464€6,938▼
Income statement Code20082009
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,995€12,995=
Gross operating margin9900€24,655€64,041▲
Operating profit (loss)9901€6,950€27,687▲
Recurring financial income75€14€0▼
Recurring financial charges65€918€2,942▲
Profit (loss) for the period before taxes9903€6,047€24,745▲
Income taxes67/77-€8,700
Profit (loss) for the period9904€6,047€16,045▲
Profit (loss) for the period to be appropriated9905€6,047€16,045▲
Line2006200720082009Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,983-€12,995€12,995=
Gross operating margin9900-€3,913-€2,903€24,655€64,041▲ 160%
Operating profit (loss)9901-€13,071-€3,359€6,950€27,687▲ 298%
Recurring financial income75€2,037-€14€0▼ 97.5%
Recurring financial charges65€766€134€918€2,942▲ 221%
Profit (loss) for the period before taxes9903-€18,409-€3,493€6,047€24,745▲ 309%
Income taxes67/77€96--€8,700-
Profit (loss) for the period9904-€18,504-€3,493€6,047€16,045▲ 165%
Profit (loss) for the period to be appropriated9905-€18,504-€3,493€6,047€16,045▲ 165%
Line2006200720082009Change
Assets
Total assets20/58€10,893€6,754€44,697€60,496▲ 35.3%
Fixed assets21/28€45-€34,940€21,946▼ 37.2%
Tangible fixed assets22/27--€34,890€21,896▼ 37.2%
Financial fixed assets28€45-€50€50=
Current assets29/58€10,848€6,754€9,757€38,550▲ 295%
Amounts receivable within one year40/41€6,462€6,754€9,732€35,769▲ 268%
Cash at bank and in hand54/58€4,386-€25€2,781▲ 10,965%
Equity and liabilities
Total equity and liabilities10/49€10,893€6,754€44,697€60,496▲ 35.3%
Equity10/15€9,365€5,872€11,919€27,964▲ 135%
Contributions10/11€24,789€25,000€25,000€25,000=
Reserves13€942€731€731€2,500▲ 242%
Profit (loss) carried forward14-€16,366-€19,859-€13,812€464▲ 103%
Amounts payable17/49€1,528€882€32,779€32,531▼ 0.8%
Amounts payable after more than one year17--€4,416€3,251▼ 26.4%
Amounts payable within one year42/48€1,528€426€28,363€29,281▲ 3.2%
Trade debts44€513€313€13,464€6,938▼ 48.5%
Line2006200720082009Change
Profit (loss) for the period9904-€18,504-€3,493€6,047€16,045▲ 165%
+ Depreciation and write-downs630€4,983-€12,995€12,995=
Operating cash flow (approximation)-€13,521-€3,493€19,041€29,040▲ 52.5%
Investment in fixed assets (approximation)---€0-
Change in cash---€2,755-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2014
13-02
Bankruptcy Opening
Tribunal de commerce de Bruxelles · event 03-02-2014
2010
31-08
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 31 days late
2009
31-12
Financial Highest result since 2006net €16,045 ▲165%
Operating result €27,687, net result €16,045, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 1.32
Current ratio from 0.34 to 1.32.
10-11
NBB filing Annual accounts filed
fiscal year 2008 · full schema · 102 days late
2008
31-12
Financial Back to profitnet €6,047
Net result €6,047 after 2 loss-making years.
10-07
NBB filing Annual accounts filed
fiscal year 2007 · full schema
2007
31-12
Financial Liquidity doublescurrent ratio 15.87
Current ratio from 7.10 to 15.87; short-term debt falls from €1,528 to €426.
20-12
NBB filing Annual accounts filed
fiscal year 2006 · full schema · 142 days late
2006
17-05
NBB filing Annual accounts filed
fiscal year 2005 · full schema
2005
17-05
NBB filing Annual accounts filed
fiscal year 2004 · full schema
2004
05-05
NBB filing Annual accounts filed
fiscal year 2003 · full schema
Show earlier events
2003
20-05
NBB filing Annual accounts filed
fiscal year 2002 · full schema
2002
07-05
NBB filing Annual accounts filed
fiscal year 2001 · full schema
2001
11-05
NBB filing Annual accounts filed
fiscal year 2000 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Anderlecht · 1 establishment unit since 1969
seat establishment The establishment unit on the map
Ground area
235 m²
Building footprint
210 m²
Volume, LiDAR
1,907 m³
2 parcels, Brussels · tallest building 16.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Melkerijstraat 58, 1070 Anderlecht
NACE 45111
since 19692.002.469.186
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21305B0241/00E009 Brussels 167 m² 1 · 166 m² 16.2 m · 2 fl.
21304B0014/00R010 Brussels 68 m² 1 · 44 m² 9.3 m · 2 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator Me BAUM
ANICET, AVENUE ARMAND HUYS-MANS 212, 1050 BRUXELLES
03-02-2014 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded05-03-1969
Fiscal year end31-12
Abbreviation FR S.E.I.P.
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.

Register as of 28 September 2026 · Peppol Directory

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