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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Shrinking team NBB
FTE fell two years in a row, from 25.8 to 20.8.
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Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Logistimat from Ciney, company number BE0423664425, closed financial year 2023 with a result of € -1.6 million after tax. For that financial year Logistimat recorded revenue of € 15.9 million and equity of € 7.2 million. Compared with financial year 2022, the result moved from € 119,488 to € -1.6 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2024.
€ 7.2 million
▼ 18% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▼ still € 119,488 profit in 2022
Profit after tax over the fiscal year.
€ 2,427
▼ 4% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 542,331.
People and assets in 2023
20.8
▼ 1.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 11% vs 2022
€ 52,500 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.
€ 197,699
▲ 67% vs 2022
Of which on lease € 190,280.
Debts at end 2023
€ 2.4 million
▼ 10% vs 2022
€ 59,298 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.2 million
▼ 77% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.
€ 333,608
▲ 62% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 26,041,894 | € 24,983,268 | € 15,946,331 | ▼ 36% |
| Profit after taxes | € 422,611 | € 119,488 | € -1,569,109 | ▼ € 1.7 million |
| Equity | € 8,737,378 | € 8,743,365 | € 7,174,257 | ▼ 18% |
| Total debts | € 8,917,923 | € 8,989,783 | € 10,046,850 | ▲ 12% |
| Cash | € 45,795 | € 2,532 | € 2,427 | ▼ 4% |
| Retained profit | € 2,105,452 | € 2,111,439 | € 542,331 | ▼ 74% |
| Dividend | € 400,000 | € 113,500 | € 0 | ▼ 100% |
| Bank debt | € 2,663,099 | € 2,601,152 | € 2,351,856 | ▼ 10% |
| Balance sheet total | € 17,655,301 | € 17,733,149 | € 17,221,107 | ▼ 3% |
| Employees (FTE) | 25.8 | 22.3 | 20.8 | ▼ 1.5 |
Key figures of Logistimat, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Logistimat?
What happened at Logistimat in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Logistimat is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 1.6 million (▼ € 1.7 million vs 2022). filed late Source: NBB ↗
- Arnaud BODY became a director. NBB
- AB HOLDING SRL became a director. NBB
- New establishment in Ciney. KBO
- Start of the company according to the CBE. KBO
In short
From € 422,611 profit in 2021 to € 1.6 million loss in 2023.
Paid € 61,128 in corporate taxes since 2021.
Best year ever: 2021, with € 422,611 profit.
Paid out € 513,500 in dividends to the owners in total.
Management
The stake of AB Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LogistimatBehind Logistimat are Arnaud BODY and AB HOLDING SRL. The shares are held by AB Holding (100%). It owns 57.8% of ALLMAT itself.
Directors
According to the 2023 annual accounts
since 2021
since 2021
Shareholders
100%
Participations
57.8%
Establishments
Establishment units
Physical locations of this company
Rue de la Croix Limont 11
5590 Ciney
Rue du Marché couvert 15
5590 Ciney
Active since 1 March 1983
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →ALLMAT same network
€ 42.8 million revenue · 2023
TRANSNAM same network
€ 4.9 million revenue · 2023
ERSA INDUSTRIE
€ -130,923 gross margin · 2025
POUSH
€ 588,075 gross margin · 2025
PAPI JUMPER
+13 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.664.425
- VAT number
- BE 0423.664.425
- Registered office
- Rue de la Croix Limont 11, 5590 Ciney
- Names & denominations
- Logistimat
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 3 February 1983
- Peppol
- Not registered
- Activities · NACE
Algemene bouw van residentiële gebouwen
Ontwikkeling van niet-residentiële bouwprojecten
Overige gespecialiseerde bouwactiviteiten, neg
Handel in eigen onroerend goed
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden