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LOGRE

Active
Public limited companyfounded 200125 yrs activeDriesstraat 1, 1861 Meise, BelgiumKBO/BCE: BE 0474.391.267
Summary

LOGRE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231,070 and a net result of -€602. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability37▼-1
Solvency78▼-1
Growth45▲+1
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.0 in 2024; short-term debt: 46.7% and cash: 0.6% of total assets), and 46.7% of the assets are financed with debt.
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Signals

Four 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 25 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-02-2026, 82 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
82 d early
2024
104 d early
2023
99 d early
2022
100 d early
2021
96 d early
2020
102 d early
2019
106 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 98 days before 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 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 22 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 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

LOGRE was incorporated on 22 March 2001.1 Revenue fell from EUR 24,000 in 2018 to EUR 18,000 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€18,000=
2024 · €18,000
EBIT margin
-2.6%▼ 11.8pp
2024 · 9.1%
Net result
-€602
2024 · €1,469
Working capital
-€199,513▼ 0.3%
2024 · -€198,911
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€24,000▲ 29.5%€24,000=€24,000=€18,000▼ 25.0%€18,000=
Operating result-€1,358▼ 63.2%€2,885-€3,435€1,646-€475
Net result-€1,493▼ 4.9%€2,536-€3,912€1,469-€602
EBIT margin-5.7%▼ 1.2pp12.0%▲ 17.7pp-14.3%▼ 26.3pp9.1%▲ 23.5pp-2.6%▼ 11.8pp
Equity€231,579▼ 0.6%€234,115▲ 1.1%€230,203▼ 1.7%€231,672▲ 0.6%€231,070▼ 0.3%
Total assets€437,326▲ 7.0%€431,847▼ 1.3%€431,243▼ 0.1%€431,349=€433,293▲ 0.5%
Debt€205,747▲ 17.0%€197,732▼ 3.9%€201,040▲ 1.7%€199,677▼ 0.7%€202,223▲ 1.3%
Working capital-€199,004▼ 14.9%-€196,468▲ 1.3%-€200,380▼ 2.0%-€198,911▲ 0.7%-€199,513▼ 0.3%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000Operating result 2021: -€1,358-€1,358Net result 2021: -€1,493-€1,493Operating result 2022: €2,885€2,885Net result 2022: €2,536€2,536Operating result 2023: -€3,435-€3,435Net result 2023: -€3,912-€3,912Operating result 2024: €1,646€1,646Net result 2024: €1,469€1,469Operating result 2025: -€475-€475Net result 2025: -€602-€60220212022202320242025-€4,000-€2,000€0€2,000Operating result 2023: -€3,435-€3,440Net result 2023: -€3,912-€3,910Operating result 2024: €1,646€1,650Net result 2024: €1,469€1,470Operating result 2025: -€475-€475Net result 2025: -€602-€602202320242025
The operating result turns negative in 2025: a loss of €475 after €1,646 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €433,293
Fixed assets €430,583 =
Current assets €2,710 ▲ 254%
Equity and liabilities €433,293
Equity €231,070 ▼ 0.3%
Debt €202,223 ▲ 1.3%
Debt's share of the balance-sheet total rises from 46.3% to 46.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.01▲
2024 · 0.00
Debt to equity
0.88▲
2024 · 0.86
ROE
-0.3%▼
2024 · 0.6%
ROA
-0.1%▼
2024 · 0.3%
Debt ≤ 1 year
€202,223▲
2024 · €199,677
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€431,349€433,293▲
Fixed assets21/28€430,583€430,583=
Tangible fixed assets22/27€430,583€430,583=
Land and buildings22€430,583€430,583=
Current assets29/58€766€2,710▲
Cash at bank and in hand54/58€766€2,710▲
Equity and liabilities
Total equity and liabilities10/49€431,349€433,293▲
Equity10/15€231,672€231,070▼
Contributions10/11€93,000€93,000=
Capital10€93,000€93,000=
Issued capital100€93,000€93,000=
Reserves13€147,950€147,950=
Non-distributable reserves130/1€9,300€9,300=
Reserves not available under the articles1311€9,300€9,300=
Tax-exempt reserves132€138,650€138,650=
Profit (loss) carried forward14-€9,278-€9,880▼
Amounts payable17/49€199,677€202,223▲
Amounts payable within one year42/48€199,677€202,223▲
Other amounts payable47/48€199,677€202,223▲
Income statement Code20242025
Turnover70€18,000€18,000=
Goods, raw materials, services and sundry goods60/61€15,953€9,589▼
Other operating charges640/8€401€475▲
Gross operating margin9900€2,047-
Operating profit (loss)9901€1,646-€475▼
Financial income75/76B-€142
Recurring financial income75-€142
Financial charges65/66B€176€269▲
Recurring financial charges65€176€269▲
Profit (loss) for the period before taxes9903€1,469-€602▼
Profit (loss) for the period9904€1,469-€602▼
Profit (loss) for the period to be appropriated9905€1,469-€602▼
Appropriation of the result
Profit (loss) to be appropriated9906-€9,278-€9,880▼
Profit (loss) brought forward from the previous period14P-€10,747-€9,278▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€24,000€24,000€24,000€18,000€18,000=
Goods, raw materials, services and sundry goods60/61-€21,115€16,757€15,953€9,589▼ 39.9%
Other operating charges640/8-€1,370€1,847€401€475▲ 18.4%
Gross operating margin9900-€21€4,255-€1,588€2,047--
Operating profit (loss)9901-€1,358€2,885-€3,435€1,646-€475▼ 129%
Financial income75/76B----€142-
Recurring financial income75----€142-
Financial charges65/66B-€349€477€176€269▲ 52.3%
Recurring financial charges65€135€349€477€176€269▲ 52.3%
Profit (loss) for the period before taxes9903-€1,493€2,536-€3,912€1,469-€602▼ 141%
Profit (loss) for the period9904-€1,493€2,536-€3,912€1,469-€602▼ 141%
Profit (loss) for the period to be appropriated9905-€1,493€2,536-€3,912€1,469-€602▼ 141%
Line20212022202320242025Change
Assets
Total assets20/58€437,326€431,847€431,243€431,349€433,293▲ 0.5%
Fixed assets21/28€430,583€430,583€430,583€430,583€430,583=
Tangible fixed assets22/27€430,583€430,583€430,583€430,583€430,583=
Land and buildings22-€430,583€430,583€430,583€430,583=
Current assets29/58€6,743€1,264€660€766€2,710▲ 254%
Cash at bank and in hand54/58€6,743€1,264€660€766€2,710▲ 254%
Equity and liabilities
Total equity and liabilities10/49€437,326€431,847€431,243€431,349€433,293▲ 0.5%
Equity10/15€231,579€234,115€230,203€231,672€231,070▼ 0.3%
Contributions10/11€93,000€93,000€93,000€93,000€93,000=
Capital10-€93,000€93,000€93,000€93,000=
Issued capital100-€93,000€93,000€93,000€93,000=
Reserves13€147,950€147,950€147,950€147,950€147,950=
Non-distributable reserves130/1-€9,300€9,300€9,300€9,300=
Legal reserve130-€9,300€9,300---
Reserves not available under the articles1311---€9,300€9,300=
Tax-exempt reserves132-€138,650€138,650€138,650€138,650=
Profit (loss) carried forward14-€9,371-€6,835-€10,747-€9,278-€9,880▼ 6.5%
Amounts payable17/49€205,747€197,732€201,040€199,677€202,223▲ 1.3%
Amounts payable within one year42/48€205,747€197,732€201,040€199,677€202,223▲ 1.3%
Other amounts payable47/48-€197,732€201,040€199,677€202,223▲ 1.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€1,493€2,536-€3,912€1,469-€602▼ 141%
Operating cash flow (approximation)-€1,493€2,536-€3,912€1,469-€602▼ 141%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€5,479-€604€106€1,944▲ 1,740%

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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
07-02
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Back to profitnet €1,469
Net result €1,469 after one loss-making year.
22-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Back to profitnet €2,536
Net result €2,536 after 4 loss-making years.
24-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
15-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
19-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
13-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Meise · 1 establishment unit since 2002
seat establishment approximate The establishment unit on the map
Ground area
158 m²
Building footprint
57 m²
Volume, LiDAR
355 m³
Parcel 23093F0106/00A008, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Driesstraat 1, 1861 Meise
NACE 4520002
since 20022.097.902.340
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23093F0106/00A008indicative Flanders 158 m² 1 · 57 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded22-03-2001
Fiscal year end30-09
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 28 September 2026 · Peppol Directory

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