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NEOLOGIC

Active
Private limited company (pre-2019)founded 200421 yrs activeLouizalaan 551, 1050 Brussel, BelgiumKBO/BCE: BE 0869.776.432

NEOLOGIC has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €870k and a net result of €115k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 40% of 3263 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
55 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▲+8
Solvency57▲+3
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.01 in 2024; short-term debt: 67.2% and cash: 5.7% of total assets), and 67.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
elevated failure risk from 2 to 8 years 21 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
32.1%
Return on assets
4.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €870k
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
70 d early
2024
on the day
2023
41 d early
2022
76 d early
2021
73 d early
2020
54 d early
2019
42 d early
← before the deadline after the deadline →
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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, abbreviated schema

Equity
€870k▲ 15.3%
2024 · €755k
2018: €762k 2019: €786k 2020: €898k 2021: €877k 2022: €833k 2023: €790k 2024: €755k
2018 → 2025
Total assets
€2.71M▲ 5.0%
2024 · €2.58M
2018: €2.85M 2019: €4.10M 2020: €3.16M 2021: €3.04M 2022: €2.92M 2023: €2.61M 2024: €2.58M
2018 → 2025
Net result
€115k
2024 · €-35k
2018: €-18k 2019: €24k 2020: €112k 2021: €-21k 2022: €-44k 2023: €-43k 2024: €-35k
2018 → 2025
Working capital
€-1.66M▲ 7.1%
2024 · €-1.79M
2018: €-320k 2019: €-1.09M 2020: €-1.37M 2021: €-1.47M 2022: €-1.60M 2023: €-1.77M 2024: €-1.79M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€877k-€833k▼ 5.0%€790k▼ 5.2%€755k▼ 4.5%€870k▲ 15.3%
Operating result€14k-€-16k€-20k▼ 25.2%€-17k▲ 12.7%€-15k▲ 13.5%
Net result€-21k-€-44k▼ 109%€-43k▲ 2.5%€-35k▲ 17.7%€115k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €14k€14kNet result 2021: €-21k€-21kOperating result 2022: €-16k€-16kNet result 2022: €-44k€-44kOperating result 2023: €-20k€-20kNet result 2023: €-43k€-43kOperating result 2024: €-17k€-17kNet result 2024: €-35k€-35kOperating result 2025: €-15k€-15kNet result 2025: €115k€115k20212022202320242025
The operating result stays negative: a loss of €15k in 2025 against €17k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.71M
Fixed assets €2.55M▼ 0.6%
Current assets €156k▲ 1,403%
Equity and liabilities €2.71M
Equity €870k▲ 15.3%
Debt €1.84M▲ 0.8%
The debt ratio falls from 70.7% to 67.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€939
2024 · €-1k
Cash flow
€131k
2024 · €-19k
Solvency
32.1%
2024 · 29.3%
Current ratio
0.09
2024 · 0.01
Quick ratio
0.09
2024 · 0.01
Debt / equity
2.11
2024 · 2.41
ROE
13.2%
2024 · -4.7%
ROA
4.3%
2024 · -1.4%
Interest coverage
0.05
2024 · -0.08
Debt
€1.84M
2024 · €1.82M
Debt ≤ 1 year
€1.82M
2024 · €1.80M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€2.58M€2.71M
Fixed assets21/28€2.57M€2.55M
Intangible fixed assets21€16k€0
Financial fixed assets28€2.55M€2.55M=
Current assets29/58€10k€156k
Amounts receivable within one year40/41€385€310
Other amounts receivable41€385€310
Cash at bank and in hand54/58€10k€156k
Equity and liabilities
Total equity and liabilities10/49€2.58M€2.71M
Equity10/15€755k€870k
Contributions10/11€525k€525k=
Reserves13€25k€345k
Non-distributable reserves130/1€9k€9k=
Reserves not available under the articles1311€9k€9k=
Tax-exempt reserves132€992€992=
Distributable reserves133€15k€335k
Profit (loss) carried forward14€205k€0
Amounts payable17/49€1.82M€1.84M
Amounts payable within one year42/48€1.80M€1.82M
Other amounts payable47/48€1.80M€1.82M
Accrued charges and deferred income492/3€22k€18k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k=
Other operating charges640/8€1k€998
Gross operating margin9900€-335€2k
Operating profit (loss)9901€-17k€-15k
Financial income75/76B€0€148k
Recurring financial income75€0€148k
Financial charges65/66B€18k€18k=
Recurring financial charges65€18k€18k=
Profit (loss) for the period before taxes9903€-35k€115k
Profit (loss) for the period9904€-35k€115k
Profit (loss) for the period to be appropriated9905€-35k€115k
Appropriation of the result
Profit (loss) to be appropriated9906€205k€320k
Profit (loss) brought forward from the previous period14P€240k€205k
Transfer to equity691/2-€320k
To other reserves6921-€320k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €115k
Net result €115k after 4 loss-making years.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
State Gazette act General meeting · Demerger
Founding capital · Share issue
20-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
19-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
07-02
State Gazette act General meeting · Merger
Capital increase · Share issue · Paul MASELIS
2019
31-12
Financial Back to profitnet €24k
Net result €24k after one loss-making year.
24-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 146 days late
2018
14-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
11 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, Brussel · 1 establishment unit since 2004
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Louizalaan 5511050 Brussel
Ground area
311 m²
Building footprint
200 m²
Volume, LiDAR
3,013 m³
Parcel 21822R0226/00C010, Brussels · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Neologic
Louizalaan 551, 1050 ElseneNACE 7012001
since 20042.201.608.901
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0226/00C010 Brussels 311 m² 1 · 200 m² 17.7 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,756 companies in sector 69109 we hold annual accounts for 1,208. 614 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded27-10-2004
Fiscal year end31-12
Activities, NACEBEL
69109Other legal services
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.