Summary
LOGRAM is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €344,444 and a net result of €141,109. Equity has been growing by about 34% per year since 2022. Its solvency ranks better than 19% of 6,692 sector peers (NACE 64, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-06-2021 Normal situation
- Activity
- Activities of holding companies NACE 64210and 4 others
- Establishment unit
- 2.318.986.819 8480 Ichtegem, since 25-06-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 01-12-2025
Board and ownership
Board
- Logghe MartijnDirector · since 24-06-2021
- Holdings
- Shares in 1 company Apotheek Logghe
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €141,109
- ▲ 1.4%
- Equity
- €344,444
- ▼ 11.4%
- Total assets
- €2.1m
- ▼ 9.8%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
93 days early
2024
1 day late
2023
14 days late
2022
16 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 16 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-04-2026 PDF all 4 filings
Equity
€344,444▼ 11.4%
2024 · €388,552
Net result
€141,109▲ 1.4%
2024 · €139,108
Total assets
€2.1m▼ 9.8%
2024 · €2.4m
Solvency
16.0%▼ 0.3pp
2024 · 16.3%
In the rankings
#7 company by total assets in Ichtegem, Finance and insurance sector#10 company by equity in Ichtegem, Finance and insurance sector
Multi-year overview
2022 to 2025, 4 financial yearsOperating result
€210,070
▼ 2.6%
2025
20222025
Net result
€141,109
▲ 1.4%
2025
middle half of the sector
20222025
Equity
€344,444
▼ 11.4%
2025
middle half of the sector
20222025
Total assets
€2.1m
▼ 9.8%
2025
middle half of the sector
20222025
Debt
€1.8m
▼ 9.5%
2025
20222025
Working capital
-€156,423
2025
middle half of the sector
20222025
Solvency
16.0%
▼ 0.3pp
2025
lowest quarter of the sector
20222025
Current ratio
0.40
▼ 1.58
2025
middle half of the sector
20222025
Return on assets (ROA)
6.6%
▲ 0.7pp
2025
middle half of the sector
20222025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2022202320242025
Operating result€0.2m-€0.2m▲ 11.5%€0.2m▲ 0.5%€0.2m▼ 2.6%
Net result€0.1mwithin the sector's middle half-€0.1mwithin the sector's middle half▲ 13.9%€0.1mwithin the sector's middle half▲ 6.5%€0.1mwithin the sector's middle half▲ 1.4%
Equity€0.1mbelow the sector's middle half-€0.2mwithin the sector's middle half▲ 108%€0.4mwithin the sector's middle half▲ 55.8%€0.3mwithin the sector's middle half▼ 11.4%
Total assets€2.4mwithin the sector's middle half-€2.4mwithin the sector's middle half▼ 0.7%€2.4mwithin the sector's middle half▼ 0.5%€2.1mwithin the sector's middle half▼ 9.8%
Debt€2.3m-€2.1m▼ 6.4%€2.0m▼ 7.0%€1.8m▼ 9.5%
Working capital-€0.06mwithin the sector's middle half-€0.2mwithin the sector's middle half€0.2mwithin the sector's middle half▼ 0.3%-€0.2mwithin the sector's middle half
Solvency5.0%below the sector's middle half-10.4%below the sector's middle half▲ 5.5pp16.3%below the sector's middle half▲ 5.9pp16.0%below the sector's middle half▼ 0.3pp
Current ratio0.69within the sector's middle half-1.93within the sector's middle half▲ 1.231.98within the sector's middle half▲ 0.060.40within the sector's middle half▼ 1.58
Return on assets (ROA)4.8%within the sector's middle half-5.5%within the sector's middle half▲ 0.7pp5.8%within the sector's middle half▲ 0.4pp6.6%within the sector's middle half▲ 0.7pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 3% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€2.0m =
Current assets
€105,271 ▼ 68.9%
Equity and liabilities €2.1m
Equity
€344,444 ▼ 11.4%
Debt
€1.8m ▼ 9.5%
Debt's share of the balance-sheet total rises from 83.7% to 84.0%. Equity and debt are lower.
Key figures and ratios
ROE
41.0%▲
2024 · 35.8%
Debt ≤ 1 year
€261,694▲
2024 · €170,784
Debt > 1 year
€1.5m▼
2024 · €1.8m
Income taxes
€46,000▼
2024 · €48,996
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | - | €1.7m | €1.6m | €1.4m |
| Carrying value of the other pledged assets | - | €2.0m | €2.0m | €2.0m |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Financial fixed assets | €2.3m | - | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | €266 | €246 | €138 | €2,493 | ▲ 18× |
| Gross operating margin9900 | €192,769 | €214,856 | €215,787 | €212,563 | ▼ 1.5% |
| Operating profit (loss)9901 | €192,502 | €214,610 | €215,649 | €210,070 | ▼ 2.6% |
| Financial income75/76B | - | €1,200 | - | - | - |
| Recurring financial income75 | - | €1,200 | - | - | - |
| Financial charges65/66B | €30,321 | €29,397 | €27,546 | €22,961 | ▼ 16.6% |
| Recurring financial charges65 | €30,321 | €29,397 | €27,546 | €22,961 | ▼ 16.6% |
| Profit (loss) for the period before taxes9903 | €162,181 | €186,413 | €188,103 | €187,109 | ▼ 0.5% |
| Income taxes67/77 | €47,500 | €55,817 | €48,996 | €46,000 | ▼ 6.1% |
| Profit (loss) for the period9904 | €114,681 | €130,596 | €139,108 | €141,109 | ▲ 1.4% |
| Profit (loss) for the period to be appropriated9905 | €114,681 | €130,596 | €139,108 | €141,109 | ▲ 1.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.4m | €2.4m | €2.4m | €2.1m | ▼ 9.8% |
| Fixed assets21/28 | €2.3m | €2.0m | €2.0m | €2.0m | = |
| Financial fixed assets28 | €2.3m | €2.0m | €2.0m | €2.0m | = |
| Current assets29/58 | €0.1m | €0.4m | €0.3m | €0.1m | ▼ 68.9% |
| Amounts receivable within one year40/41 | €0.1m | €0.3m | €0.3m | €0.07m | ▼ 77.8% |
| Trade receivables40 | €0.1m | €0.1m | €0.08m | €0.06m | ▼ 29.9% |
| Other amounts receivable41 | €41 | €0.2m | €0.2m | €0.01m | ▼ 94.8% |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.03m | €0.04m | ▲ 28.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.4m | €2.4m | €2.4m | €2.1m | ▼ 9.8% |
| Equity10/15 | €0.1m | €0.2m | €0.4m | €0.3m | ▼ 11.4% |
| Contributions10/11 | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Reserves13 | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 11.5% |
| Distributable reserves133 | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 11.5% |
| Profit (loss) carried forward14 | - | - | €0.08m | - | - |
| Amounts payable17/49 | €2.3m | €2.1m | €2.0m | €1.8m | ▼ 9.5% |
| Amounts payable after more than one year17 | €2.1m | €1.9m | €1.8m | €1.5m | ▼ 15.4% |
| Financial debts170/4 | €2.1m | €1.9m | €1.8m | €1.5m | ▼ 15.4% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 53.2% |
| Current portion of amounts payable after more than one year42 | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Financial debts43 | €0.03m | €0.02m | - | - | - |
| Credit institutions430/8 | €0.03m | €0.02m | - | - | - |
| Trade debts44 | €0.03m | €0.01m | €0.007m | €0.006m | ▼ 18.2% |
| Suppliers440/4 | €0.03m | €0.01m | €0.007m | €0.006m | ▼ 18.2% |
| Taxes, remuneration and social security45 | €0.008m | €0.02m | €0.01m | €0.007m | ▼ 53.7% |
| Taxes450/3 | €0.008m | €0.02m | €0.01m | €0.007m | ▼ 53.7% |
| Other amounts payable47/48 | €0.005m | €0.006m | €0.02m | €0.1m | ▲ 529% |
| Accrued charges and deferred income492/3 | €0.008m | €0.01m | €0.002m | €0.002m | ▼ 18.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €114,681 | €130,596 | €139,108 | €141,109 | ▲ 1.4% |
| Operating cash flow (approximation) | €114,681 | €130,596 | €139,108 | €141,109 | ▲ 1.4% |
| Investment in fixed assets (approximation) | - | €226,800 | €0 | €0 | - |
| Change in cash | - | €6,750 | €3,068 | €8,075 | ▲ 163% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
Board & ownership
Directors
Directors
1 director
Logghe Martijn
Current
Owners and capital
Owners
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Apotheek LogghesubsidiarySourceown accounts 2025Equity €914,541 Profit of €109,929 in 2025 (profit of €144,761 in 2024) Checked score 9690%
Board mandates elsewhere
1 board mandateBoard mandates of LOGRAMLOGRAM sits on their board1
1 location
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
29-04
abbreviated format · 93 days before the deadline
2025
31-12
Financial
Highest result from 2022 to 2025net €141,109 ▲1.4%
The net result of €141,109 is the highest of those years.
01-08
abbreviated format · 1 day late
2024
14-08
abbreviated format · 14 days late
2023
31-12
Financial
Liquidity more than doubledcurrent ratio 1.93
The current ratio rises from 0.69 to 1.93. Short-term debt falls from €202,370 to €182,152.
31-12
Financial
Equity above €200,000equity €249,444 ▲108%
With a profit in every financial year since 2022, equity grows to €249,444.
16-08
abbreviated format · 16 days late
2022
16-03
Gazette deed
Registered office moved within IchtegemNew seat: 8480 Ichtegem, Westkerkestraat 4 · Previous seat: 8480 Ichtegem, Engelstraat 214 bus 01012 points ▸
Gazette deed
Registered office moved within Ichtegem
New seat: 8480 Ichtegem, Westkerkestraat 4 · Previous seat: 8480 Ichtegem, Engelstraat 214 bus 01012 points ▸
- General meeting, 02-01-2022
- Registered-office move, 8480 Ichtegem,Westkerkestraat 4
2021
29-06
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
LOGRAM in Dutch
Enterprise number
0770.355.489
Legal form
Private limited company
Status
Active, normale toestand
Founded
25-06-2021
Entity type
Legal entity
Registered office and establishments
Registered office
Westkerkestraat(EER) 4, 8480 Ichtegem, Belgium
Establishment unit
LOGRAM, Engelstraat(ICH) 214, 8480 Ichtegem since 25-06-2021 · unit number 2.318.986.81970100 Activities of head offices
Activities
NACEBEL 202564210
Activities of holding companies main activity
70100
Activities of head offices
70200
Business and other management consultancy
82100
Office administrative and support services
82990
Other business support services
Codes under NACEBEL 2008
64200
Holdings main activity
70100
Activities of head offices
70220
Business consulting
82110
Office administrative, office support and other business support activities
82990
Other business support services
Invoicing and payment
VAT number
BE 0770.355.489
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the addresses
Ground area
1,551 m²
Building footprint
566 m²
Building volume
2,903 m³
Tallest building: 12.1 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35006B0776/00Z007 | Flanders | 994 m² | 1 · 414 m² | 9.4 m · 1 |
| 35003D0017/00C000 | Flanders | 557 m² | 1 · 152 m² | 12.1 m · 3 |