Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Logghe-Ve.Co from Oostende, company number BE0405298959, closed financial year 2025 with a result of € -11,561 after tax. For that financial year Logghe-Ve.Co recorded a gross margin of € 544,313 and equity of € 111,290. Compared with financial year 2024, the result moved from € 49,061 to € -11,561. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2025.
€ 111,290
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,561
▼ still € 49,061 profit in 2024
Profit after tax over the fiscal year.
€ 21,555
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 11,290.
People and assets in 2025
9.2
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 437,548
▼ 18% vs 2024
€ 47,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 146,220
▲ 1% vs 2024
Of which on lease € 15,548.
Debts at end 2025
€ 240,832
▼ 18% vs 2024
€ 128,678 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 213,331
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,581
▼ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 577,684 | € 655,364 | € 726,022 | € 544,313 | ▼ 25% |
| Profit after taxes | € -83,391 | € -18,886 | € 49,061 | € -11,561 | ▼ € 60,622 |
| Equity | € 92,676 | € 73,789 | € 122,850 | € 111,290 | ▼ 9% |
| Total debts | € 1,069,423 | € 952,315 | € 612,756 | € 576,990 | ▼ 6% |
| Cash | € 4,229 | € 32,966 | € 62,742 | € 21,555 | ▼ 66% |
| Retained profit | € -7,324 | € -26,211 | € 22,850 | € 11,290 | ▼ 51% |
| Bank debt | € 186,476 | € 367,361 | € 293,681 | € 240,832 | ▼ 18% |
| Balance sheet total | € 1,162,099 | € 1,026,104 | € 735,607 | € 688,279 | ▼ 6% |
| Employees (FTE) | 10.3 | 9.6 | 10 | 9.2 | ▼ 0.8 |
Key figures of Logghe-Ve.Co, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to Logghe-Ve.Co?
What happened at Logghe-Ve.Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,561 (▼ € 60,622 vs 2024). Source: NBB ↗
- Dirk Logghe became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Oostende. KBO
In short
From € 83,391 loss in 2022 to € 11,561 loss in 2025.
Paid € 1,399 in corporate taxes since 2022.
Best year ever: 2024, with € 49,061 profit.
On average € 59,200 of value added per employee in 2025.
Management
Behind Logghe-Ve.Co is Dirk Logghe. Dirk Logghe is also behind Logghe en Co.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Oudenburgsesteenweg 87
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.298.959
- VAT number
- BE 0405.298.959
- Registered office
- Oudenburgsesteenweg 87, 8400 Oostende
- Names & denominations
- Logghe-Ve.Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 14 Feb 2025
- Activities · NACE
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