LOGYNO
ActiveSummary
The computed 12-month bankruptcy probability of LOGYNO is 4.4% (elevated). The 2025 annual accounts show negative equity (-€44,012) and a net result of -€19,087. Equity is shrinking by about 14% per year across the filed financial years. Its solvency ranks better than 10% of 16,925 sector peers (NACE 56, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- ≈ 2.3 FTE, estimated
- Equity
- -€44,012
- Loss
- -€19,087
Why 46raises riskSector: Food and beverage service activities (NACE 56)Negative equity -€44,012Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskSize: total assets €47,506Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 9% on solvency, 20% on liquidity, 8% on profitability and 10% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 23 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00468991.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €16,834 in 2025 against €6,052 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83.0% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 6,007 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €9,610 | €33,262 | €46,989 | €55,989 | €78,088 | ▲ 39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €257 | €257 | €257 | €257 | €257 | - | - | - |
| Other operating charges640/8 | - | - | €914 | €3,017 | €2,276 | €3,052 | €2,312 | ▼ 24.2% |
| Non-recurring operating charges66A | - | - | - | €2,759 | - | - | - | - |
| Gross operating margin9900 | €14,007 | €22,406 | €29,512 | €19,676 | €63,383 | €52,988 | €63,566 | ▲ 20.0% |
| Operating profit (loss)9901 | -€22,458 | €2,507 | €18,732 | -€19,618 | €13,861 | -€6,052 | -€16,834 | ▼ 178% |
| Financial income75/76B | - | - | - | - | €4 | - | €0 | - |
| Recurring financial income75 | €1 | €0 | - | - | €4 | - | €0 | - |
| Financial charges65/66B | - | - | €2,286 | €2,764 | €3,361 | €1,668 | €1,847 | ▲ 10.7% |
| Recurring financial charges65 | €1,348 | €1,639 | €2,286 | €2,764 | €3,361 | €1,668 | €1,847 | ▲ 10.7% |
| Profit (loss) for the period before taxes9903 | -€23,804 | €868 | €16,446 | -€22,383 | €10,504 | -€7,720 | -€18,680 | ▼ 142% |
| Income taxes67/77 | €242 | €6 | €156 | €179 | €124 | €128 | €407 | ▲ 218% |
| Profit (loss) for the period9904 | -€24,046 | €862 | €16,290 | -€22,562 | €10,380 | -€7,848 | -€19,087 | ▼ 143% |
| Profit (loss) for the period to be appropriated9905 | -€24,046 | €862 | €16,290 | -€22,562 | €10,380 | -€7,848 | -€19,087 | ▼ 143% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €51,471 | €11,237 | €24,147 | €23,833 | €48,501 | €30,473 | €47,506 | ▲ 55.9% |
| Formation expenses20 | €1,026 | €770 | €513 | €257 | €0 | - | - | - |
| Current assets29/58 | €50,445 | €10,467 | €23,634 | €23,576 | €48,501 | €30,473 | €47,506 | ▲ 55.9% |
| Stocks and contracts in progress3 | €1,283 | €4,003 | €3,966 | €1,870 | €1,757 | €2,535 | €4,508 | ▲ 77.8% |
| Stocks30/36 | - | - | €3,966 | €1,870 | €1,757 | €2,535 | €4,508 | ▲ 77.8% |
| Amounts receivable within one year40/41 | €43,318 | €4,086 | €12,277 | €20,338 | €36,603 | €11,275 | €33,677 | ▲ 199% |
| Trade receivables40 | - | - | €11,552 | €17,645 | €36,482 | €10,234 | €32,153 | ▲ 214% |
| Other amounts receivable41 | - | - | €725 | €2,693 | €121 | €1,041 | €1,524 | ▲ 46.4% |
| Cash at bank and in hand54/58 | €5,752 | €2,379 | €7,033 | €1,010 | €10,141 | €16,014 | €9,138 | ▼ 42.9% |
| Deferred charges and accrued income490/1 | - | - | €359 | €359 | - | €650 | €183 | ▼ 71.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €51,471 | €11,237 | €24,147 | €23,833 | €48,501 | €30,473 | €47,506 | ▲ 55.9% |
| Equity10/15 | -€22,046 | -€21,184 | -€4,895 | -€27,457 | -€17,077 | -€24,925 | -€44,012 | ▼ 76.6% |
| Contributions10/11 | €2,000 | - | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€24,046 | -€23,184 | -€6,895 | -€29,457 | -€19,077 | -€26,925 | -€46,012 | ▼ 70.9% |
| Amounts payable17/49 | €73,517 | €32,422 | €29,042 | €51,289 | €65,578 | €55,398 | €91,517 | ▲ 65.2% |
| Amounts payable within one year42/48 | €73,167 | €32,422 | €29,042 | €51,289 | €64,378 | €54,790 | €91,517 | ▲ 67.0% |
| Trade debts44 | €18,389 | €6,873 | €13,924 | €29,148 | €25,957 | €9,302 | €24,532 | ▲ 164% |
| Suppliers440/4 | - | - | €13,924 | €29,148 | €25,957 | €9,302 | €24,532 | ▲ 164% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €12,050 | - |
| Taxes, remuneration and social security45 | - | - | €11,292 | €17,705 | €14,244 | €16,187 | €26,046 | ▲ 60.9% |
| Taxes450/3 | - | - | €7,688 | €10,982 | €6,312 | €4,385 | €5,495 | ▲ 25.3% |
| Remuneration and social security454/9 | - | - | €3,605 | €6,723 | €7,932 | €11,802 | €20,550 | ▲ 74.1% |
| Other amounts payable47/48 | - | - | €3,826 | €4,437 | €24,177 | €29,302 | €28,890 | ▼ 1.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,200 | €608 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,046 | €862 | €16,290 | -€22,562 | €10,380 | -€7,848 | -€19,087 | ▼ 143% |
| + Depreciation and write-downs630 | €257 | €257 | €257 | €257 | €257 | - | - | - |
| Operating cash flow (approximation) | -€23,790 | €1,119 | €16,546 | -€22,305 | €10,637 | -€7,848 | -€19,087 | ▼ 143% |
| Change in cash | - | -€3,373 | €4,654 | -€6,023 | €9,132 | €5,873 | -€6,876 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00468991 |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00349886 |
| 31-12-2023 | micro format | 09-08-2024 | 2024-00342257 |
| 31-12-2022 | micro format | 08-08-2023 | 2023-00325470 |
| 31-12-2021 | micro format | 03-08-2022 | 2022-20279685 |
| 31-12-2020 | micro format | 04-08-2021 | 2021-46700453 |
| 31-12-2019 | micro format | 13-11-2020 | 2020-71000150 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HASSAÏNI Hafina |
|
| Virginie Bernié |
|
Owners and capital
Capital and shareholders
- 19-04-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-04
Gazette deed
Resignation: HASSAÏNI Hafina (manager)Appointment: HASSAÏNI Hafina (director) · Name change · Amendment of the articles11 facts ▸
- General meeting, 12-04-2023
- Name change, LOGYNO
- Amendment of the articles (2 times)
- Capital conversion, “suppression, compte de capitaux propres statutairement indisponible” (deed in French)
- Capital
- Director resignation, HASSAÏNI Hafina (manager)
- Director discharge, HASSAÏNI Hafina
- Board rule, 1
- Director appointment, HASSAÏNI Hafina (director (not named in the articles))
- Registered-office move, 6150 Anderlues,Chaussée de Thuin,229
- Other provision, “site internet et adresse électronique, ne pas déterminer” (deed in French)
07-02
Gazette deed
Resignation: Virginie Bernié (director)2 facts ▸
- Director resignation, Virginie Bernié (director)
- Other provision, “responsabilité de la publication, entière responsabilité” (deed in French)
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53403G0131/00D000indicative | Wallonia | 3,243 m² | 1 · 415 m² | 17.2 m · 4 |
| 56302D0959/00P006 | Wallonia | 142 m² | 1 · 54 m² | 9.8 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Tout ce qui se rapproche directement ou indirectement à la restauration en général et au secteur HORECA, l’organisation de banquets et…” (deed in French)
3 activities (deed in French)
- Tout ce qui se rapproche directement ou indirectement à la restauration en général et au secteur HORECA, l’organisation de banquets et réceptions, le service traiteur, le service de chef à domicile, y compris l’organisation, la gestion et l’exploitation de restaurant, de cafétaria, de débits de boissons, ainsi que toutes opérations de tourisme, d’hôtellerie, de divertissements et de loisirs ; l’exploitation sous sa propre enseigne ou par voie de franchise ou licence de tout snack-bar, cafétaria, sandwicherie, service de cuisine rapide ou de petite restauration, de tout service traiteur et/ou d’un ou plusieurs restaurants, ainsi que la livraison à domicile et la vente ambulante.
- Elle pourra également assurer la gestion et la mise en valeur d’immeubles d’habitation et de commerce, la location, l’achat, la vente, la transformation et en général le commerce de tous biens immeubles.
- Elle peut en outre, sous réserve de restrictions légales, faire toutes opérations commerciales, industrielles, mobilières, immobilières ou financières se rattachant directement ou indirectement à son objet.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LOGYNO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, pas de changement régime linguistique” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d’administration, personnes physiques ou morales,actionnaires ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, inscription registre vis-à-vis société et tiers” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement nombre acquis, entre vifs onéreux gratuit volontaires forcées exclusion retrait usufruit…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Courrier électronique, ouverture souscription” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, administrateurs en fonction par statuts si aucun autre désigné” (deed in French)