Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LOGICASH from Braine-l'Alleud, company number BE0550388391, closed financial year 2025 with a result of € 48,654 after tax. For that financial year LOGICASH recorded a gross margin of € 90,730 and equity of € -240,865. Compared with financial year 2024, the result moved from € 5,465 to € 48,654. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ -240,865
▲ € 48,654 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,654
▲ € 43,189 vs 2024
Profit after tax over the fiscal year.
€ 30,246
▲ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -259,465.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 466
▼ 99% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 3,168
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 72,018
▼ 23% vs 2024
€ 28,364 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 104,775
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,898
▲ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 270,735 | € 42,403 | € 119,272 | € 90,730 | ▼ 24% |
| Profit after taxes | € -139,071 | € -171,476 | € 5,465 | € 48,654 | ▲ € 43,189 |
| Equity | € -123,508 | € -294,984 | € -289,519 | € -240,865 | ▲ € 48,654 |
| Total debts | € 391,102 | € 459,108 | € 412,443 | € 374,513 | ▼ 9% |
| Cash | € 18,388 | € 33,516 | € 19,505 | € 30,246 | ▲ 55% |
| Retained profit | € -142,108 | € -313,584 | € -308,119 | € -259,465 | ▲ € 48,654 |
| Bank debt | € 126,566 | € 108,135 | € 93,361 | € 72,018 | ▼ 23% |
| Balance sheet total | € 267,594 | € 164,124 | € 122,924 | € 133,648 | ▲ 9% |
Key figures of LOGICASH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LOGICASH?
What happened at LOGICASH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,654 (▲ € 43,189 vs 2024). filed late Source: NBB ↗
- New establishment in Braine-l'Alleud. KBO
- New establishment in Braine-l'Alleud. KBO
- Start of the company according to the CBE. KBO
In short
From € 139,071 loss in 2022 to € 48,654 profit in 2025.
Paid € 7,558 in corporate taxes since 2022.
Best year ever: 2025, with € 48,654 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BDG COMPANY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LOGICASHBehind LOGICASH is OLIVIER MATHIEU. The shares are held by BDG COMPANY (33.3%).
Directors
According to the 2025 annual accounts
OLIVIER MATHIEU
Manager
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Place Saint-Zèle 16
1420 Braine-l'Alleud
Place Saint-Zèle 16 box A
1420 Braine-l'Alleud
Active since 18 May 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0550.388.391
- VAT number
- BE 0550.388.391
- Registered office
- Place Saint-Zèle 16, 1420 Braine-l'Alleud
- Names & denominations
- LOGICASH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2014
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- logicash.be
- Activities · NACE
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