What does EULOGIC do?

EULOGIC is a wholesaler in Welkenraedt. Private Limited, started on 12 January 1995, 2 establishments.

What is the address of EULOGIC?

The registered office of EULOGIC is located at Rue de l'Usine 2, 4840 Welkenraedt.

Is EULOGIC still active?

Yes. According to the CBE (29 October 2026) EULOGIC is active, legal situation “Normale toestand”, started on 12 January 1995.

Is EULOGIC registered on Peppol?

Yes, EULOGIC is registered on the Peppol network with ID 0208:0454296134.

What is the enterprise number of EULOGIC?

The enterprise number of EULOGIC is BE0454296134.

When was EULOGIC founded?

EULOGIC was founded on 12 January 1995.

Who are the directors of EULOGIC?

According to the 2026 annual accounts, the directors of EULOGIC are: Michael LIESSEM, Dirk LIESSEM, Bernd LIESSEM.

Is EULOGIC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 January 1995; 5 annual accounts filed, latest fiscal year 2026; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did EULOGIC make in 2026?

EULOGIC posted a profit after taxes of € 18,108 in financial year 2026.

What is the revenue of EULOGIC?

As a small company, EULOGIC is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 363,794.

How much does an employee at EULOGIC earn?

The average wage cost per full-time employee at EULOGIC was € 48,300 in 2026: staff costs of € 265,586 for 5.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does EULOGIC have?

According to the 2026 annual accounts, EULOGIC has 5.5 full-time equivalents (FTE).

EULOGIC (Private Limited) - Welkenraedt - BE0454296134

Dossier EULOGIC, printed on 29 October 2026 from databakkes.be/en/0454296134/eulogic. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 6.7 to 5.5.
Busy address KBO

12 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2026

EULOGIC from Welkenraedt, company number BE0454296134, closed financial year 2026 with a result of € 18,108 after tax. For that financial year EULOGIC recorded a gross margin of € 363,794 and equity of € 368,513. Compared with financial year 2025, the result moved from € 3,233 to € 18,108. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.

What it is worth Growing

€ 368,513

▲ 4% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 18,108

▲ € 14,875 vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 34,555

▼ 77% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 833 paid out

5 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2026

Full-time equivalents

5.5

▼ 0.2 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 265,586

▲ 10% vs 2025

€ 48,300 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.

Vehicles and equipment

€ 9,875

▲ 73% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt

€ 537,793

▲ 14% vs 2025

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 43,791

▲ 5% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 61,072

▼ 11% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 258,561 Gross margin 2023: € 258,561 First fiscal year in the series	€ 310,833 Gross margin 2024: € 310,833 ▲ 20% vs 2023 (€ 258,561) Favourable step	€ 350,391 Gross margin 2025: € 350,391 ▲ 13% vs 2024 (€ 310,833) Favourable step	€ 363,794 Gross margin 2026: € 363,794 ▲ 4% vs 2025 (€ 350,391) Favourable step	▲ 4%
Profit after taxes	€ 37,023 Profit after taxes 2023: € 37,023 First fiscal year in the series	€ 25,743 Profit after taxes 2024: € 25,743 ▼ 30% vs 2023 (€ 37,023) Unfavourable step	€ 3,233 Profit after taxes 2025: € 3,233 ▼ 87% vs 2024 (€ 25,743) Unfavourable step	€ 18,108 Profit after taxes 2026: € 18,108 ▲ € 14,875 vs 2025 (€ 3,233) Favourable step	▲ € 14,875
Equity	€ 371,501 Equity 2023: € 371,501 First fiscal year in the series	€ 354,784 Equity 2024: € 354,784 ▼ 4% vs 2023 (€ 371,501) Unfavourable step	€ 354,198 Equity 2025: € 354,198 Unchanged (€ 354,784) Unfavourable step	€ 368,513 Equity 2026: € 368,513 ▲ 4% vs 2025 (€ 354,198) Favourable step	▲ 4%
Total debts	€ 313,085 Total debts 2023: € 313,085 First fiscal year in the series	€ 498,577 Total debts 2024: € 498,577 ▲ 59% vs 2023 (€ 313,085) Unfavourable step	€ 605,155 Total debts 2025: € 605,155 ▲ 21% vs 2024 (€ 498,577) Unfavourable step	€ 664,349 Total debts 2026: € 664,349 ▲ 10% vs 2025 (€ 605,155) Unfavourable step	▲ 10%
Cash	€ 149,983 Cash 2023: € 149,983 First fiscal year in the series	€ 209,817 Cash 2024: € 209,817 ▲ 40% vs 2023 (€ 149,983) Favourable step	€ 148,653 Cash 2025: € 148,653 ▼ 29% vs 2024 (€ 209,817) Unfavourable step	€ 34,555 Cash 2026: € 34,555 ▼ 77% vs 2025 (€ 148,653) Unfavourable step	▼ 77%
Land & buildings	€ 295,925 Land & buildings 2023: € 295,925 First fiscal year in the series	€ 282,432 Land & buildings 2024: € 282,432 ▼ 5% vs 2023 (€ 295,925) Unchanged	€ 571,641 Land & buildings 2025: € 571,641 ▲ 102% vs 2024 (€ 282,432) Unchanged	€ 757,619 Land & buildings 2026: € 757,619 ▲ 33% vs 2025 (€ 571,641) Unchanged	▲ 33%
Retained profit	€ 287,348 Retained profit 2023: € 287,348 First fiscal year in the series	€ 273,591 Retained profit 2024: € 273,591 ▼ 5% vs 2023 (€ 287,348) Unfavourable step	€ 275,965 Retained profit 2025: € 275,965 ▲ 1% vs 2024 (€ 273,591) Favourable step	€ 293,240 Retained profit 2026: € 293,240 ▲ 6% vs 2025 (€ 275,965) Favourable step	▲ 6%
Dividend	€ 0 Dividend 2023: € 0 First fiscal year in the series	€ 39,500 Dividend 2024: € 39,500 Unchanged (€ 0) Unchanged	€ 859 Dividend 2025: € 859 ▼ 98% vs 2024 (€ 39,500) Unchanged	€ 833 Dividend 2026: € 833 ▼ 3% vs 2025 (€ 859) Unchanged	▼ 3%
Bank debt	€ 221,833 Bank debt 2023: € 221,833 First fiscal year in the series	€ 302,779 Bank debt 2024: € 302,779 ▲ 36% vs 2023 (€ 221,833) Unfavourable step	€ 470,898 Bank debt 2025: € 470,898 ▲ 56% vs 2024 (€ 302,779) Unfavourable step	€ 537,793 Bank debt 2026: € 537,793 ▲ 14% vs 2025 (€ 470,898) Unfavourable step	▲ 14%
Balance sheet total	€ 684,586 Balance sheet total 2023: € 684,586 First fiscal year in the series	€ 853,361 Balance sheet total 2024: € 853,361 ▲ 25% vs 2023 (€ 684,586) Unchanged	€ 959,353 Balance sheet total 2025: € 959,353 ▲ 12% vs 2024 (€ 853,361) Unchanged	€ 1,032,862 Balance sheet total 2026: € 1,032,862 ▲ 8% vs 2025 (€ 959,353) Unchanged	▲ 8%
Employees (FTE)	6 Employees (FTE) 2023: 6 First fiscal year in the series	6.7 Employees (FTE) 2024: 6.7 ▲ 0.7 vs 2023 (6) Unchanged	5.7 Employees (FTE) 2025: 5.7 ▼ 1 vs 2024 (6.7) Unchanged	5.5 Employees (FTE) 2026: 5.5 ▼ 0.2 vs 2025 (5.7) Unchanged	▼ 0.2

Key figures of EULOGIC, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to EULOGIC?

What happened at EULOGIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 22, 2026 New annual accounts for financial year 2026: profit of € 18,108 (▲ € 14,875 vs 2025). Source: NBB ↗
2025 Bernd LIESSEM stepped down as director. NBB
2023 Dirk LIESSEM became a director. NBB
2014 Michael LIESSEM became a director. NBB
Jan 20, 2006 New establishment in Eupen. KBO
Mar 2, 1995 New establishment in Welkenraedt. KBO
Jan 12, 1995 Start of the company according to the CBE. KBO

In short

From € 37,023 profit in 2023 to € 18,108 profit in 2026.

Paid € 46,604 in corporate taxes since 2023.

Best year ever: 2023, with € 37,023 profit.

On average € 66,100 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

Michael LIESSEM Dirk LIESSEM

EULOGIC

Behind EULOGIC are Michael LIESSEM and Dirk LIESSEM.

Directors

According to the 2026 annual accounts

Michael LIESSEM

Director

since 2014

Dirk LIESSEM

Director

since 2023

Bernd LIESSEM

Director

· until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de l'Usine 2

4840 Welkenraedt

2.157.705.810

Rue de Herbesthal 124

4700 Eupen

Active since 20 January 2006

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0454.296.134

VAT number

BE 0454.296.134

Registered office

Rue de l'Usine 2, 4840 Welkenraedt

Names & denominations

EULOGIC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 January 1995

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

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Overige bouwinstallatie

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Detailhandel in ICT-apparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

EULOGIC

Warning lights

Financials

What happened to EULOGIC?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions