LOGOVISION
ActiveSummary
LOGOVISION has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €10k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 48% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+3
Solvency64▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.98 against 2.04 in 2024; short-term debt: 60.7% and cash: 12.7% of total assets), and 60.7% of the assets are financed with debt.
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Signals
Five 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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
39.3%
Return on assets
6.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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
4 d late
2024
22 d late
2023
25 d late
2022
125 d early
2021
29 d late
2020
18 d late
2019
38 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€160k
EBIT margin
-3.1%
Net result
€10k▲ 150%
2024 · €4k
Working capital
€-2k
2024 · €43k
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
Turnover
Operating result€17k▲ 33.8%€7k▼ 58.0%€-9k€16k€10k▼ 36.4%
Net result€10k▲ 14.3%€2k▼ 77.0%€-5k€4k€10k▲ 150%
EBIT margin
Equity€50k▲ 26.1%€53k▲ 4.8%€48k▼ 9.9%€52k▲ 8.5%€62k▲ 19.6%
Total assets€114k▼ 17.4%€95k▼ 16.5%€95k▲ 0.5%€93k▼ 2.2%€157k▲ 68.3%
Debt€63k▼ 35.2%€42k▼ 33.4%€48k▲ 13.5%€42k▼ 12.8%€95k▲ 128%
Working capital€32k▲ 95.1%€39k▲ 21.3%€30k▼ 23.0%€43k▲ 45.8%€-2k
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 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157k
Fixed assets
€64k ▲ 671%
Current assets
€94k ▲ 9.9%
Equity and liabilities €157k
Equity
€62k ▲ 19.6%
Debt
€95k ▲ 128%
Debt's share of the balance-sheet total rises from 44.8% to 60.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▼
2024 · €26k
Cash flow
€25k▲
2024 · €14k
Current ratio
0.98▼
2024 · 2.04
Quick ratio
0.27▼
2024 · 0.45
Debt to equity
1.55▲
2024 · 0.81
ROE
16.4%▲
2024 · 7.8%
ROA
6.4%▲
2024 · 4.3%
Interest coverage
20.69▲
2024 · 12.33
Debt ≤ 1 year
€95k▲
2024 · €42k
Income taxes
€-307▼
2024 · €10k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €10k | €9k | €10k | €15k | ▲ 60.5% |
| Other operating charges640/8 | €958 | €678 | €1k | €503 | €591 | ▲ 17.6% |
| Gross operating margin9900 | €30k | €18k | €937 | €26k | €26k | ▲ 0.1% |
| Operating profit (loss)9901 | €17k | €7k | €-9k | €16k | €10k | ▼ 36.4% |
| Financial income75/76B | €2 | €70 | €5 | €91 | €843 | ▲ 824% |
| Recurring financial income75 | €2 | €70 | €5 | €91 | €843 | ▲ 824% |
| Financial charges65/66B | €1k | €1k | €1k | €2k | €1k | ▼ 40.5% |
| Recurring financial charges65 | €1k | €1k | €1k | €2k | €1k | ▼ 40.5% |
| Profit (loss) for the period before taxes9903 | €16k | €6k | €-10k | €14k | €10k | ▼ 30.2% |
| Income taxes67/77 | €5k | €3k | €-5k | €10k | €-307 | ▼ 103% |
| Profit (loss) for the period9904 | €10k | €2k | €-5k | €4k | €10k | ▲ 150% |
| Profit (loss) for the period to be appropriated9905 | €10k | €2k | €-5k | €4k | €10k | ▲ 150% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114k | €95k | €95k | €93k | €157k | ▲ 68.3% |
| Fixed assets21/28 | €29k | €19k | €18k | €8k | €64k | ▲ 671% |
| Intangible fixed assets21 | - | - | €5k | €4k | €3k | ▼ 25.7% |
| Tangible fixed assets22/27 | €29k | €19k | €12k | €4k | €60k | ▲ 1,405% |
| Plant, machinery and equipment23 | €3k | €553 | €253 | €190 | €788 | ▲ 315% |
| Furniture and vehicles24 | €26k | €18k | €12k | €4k | €60k | ▲ 1,460% |
| Current assets29/58 | €85k | €76k | €78k | €85k | €94k | ▲ 9.9% |
| Stocks and contracts in progress3 | €51k | €51k | €66k | €66k | €68k | ▲ 2.7% |
| Stocks30/36 | €51k | €51k | €66k | €66k | €68k | ▲ 2.7% |
| Amounts receivable within one year40/41 | €9k | €11k | €5k | €2k | €5k | ▲ 105% |
| Trade receivables40 | €9k | €7k | - | €2k | €5k | ▲ 93.0% |
| Other amounts receivable41 | €50 | €4k | €5k | €43 | €366 | ▲ 743% |
| Cash at bank and in hand54/58 | €24k | €14k | €6k | €16k | €20k | ▲ 26.7% |
| Deferred charges and accrued income490/1 | €725 | €769 | €687 | €752 | €687 | ▼ 8.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114k | €95k | €95k | €93k | €157k | ▲ 68.3% |
| Equity10/15 | €50k | €53k | €48k | €52k | €62k | ▲ 19.6% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Reserves13 | €370 | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | €370 | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €2 | €3 | €-5k | €-1k | €9k | ▲ 848% |
| Amounts payable17/49 | €63k | €42k | €48k | €42k | €95k | ▲ 128% |
| Amounts payable after more than one year17 | €11k | €4k | - | - | - | - |
| Financial debts170/4 | €11k | €4k | - | - | - | - |
| Amounts payable within one year42/48 | €53k | €38k | €48k | €42k | €95k | ▲ 128% |
| Current portion of amounts payable after more than one year42 | €7k | €7k | €4k | - | - | - |
| Trade debts44 | €4k | €1k | €13k | €2k | €6k | ▲ 164% |
| Suppliers440/4 | €4k | €1k | €13k | €2k | €6k | ▲ 164% |
| Advances received on contracts in progress46 | - | - | €2k | - | - | - |
| Taxes, remuneration and social security45 | €16k | €9k | €3k | €13k | €8k | ▼ 42.3% |
| Taxes450/3 | €16k | €9k | €3k | €13k | €8k | ▼ 42.3% |
| Other amounts payable47/48 | €26k | €21k | €26k | €26k | €82k | ▲ 209% |
| Accrued charges and deferred income492/3 | - | €561 | - | - | €47 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €2k | €-5k | €4k | €10k | ▲ 150% |
| + Depreciation and write-downs630 | €12k | €10k | €9k | €10k | €15k | ▲ 60.5% |
| Operating cash flow (approximation) | €22k | €13k | €3k | €14k | €25k | ▲ 87.2% |
| Investment in fixed assets (approximation) | - | €0 | €-8k | €0 | €-71k | - |
| Change in cash | - | €-10k | €-7k | €9k | €4k | ▼ 54.8% |
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
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €10k ▲14.3%
Operating result €17k, net result €10k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
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, Gesves · 1 establishment unit since 2011
Ground area
1,374 m²
Building footprint
63 m²
Parcel 92092A0176/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Calvaire 4, 5340 Gesves
since 20112.197.962.293
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92092A0176/00M000 | Wallonia | 1,374 m² | 1 · 63 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 4,415 companies in sector 46180 we hold annual accounts for 1,884. 1,382 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
Founded06-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
18130Pre-press and pre-media services
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
58190Other publishing activities, excluding software publishing
Contact
E-mail
fabian@logovision.beGesves
Phone
0475/43.82.82Gesves
Scores and ratios are computed by Checked and are not a credit decision.