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 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
Logicall Installation Services Belgium from Mechelen, company number BE0658799650, closed financial year 2024 with a result of € -164,650 after tax. For that financial year Logicall Installation Services Belgium recorded a gross margin of € 4.2 million and equity of € -52,213. Compared with financial year 2023, the result moved from € -3,649 to € -164,650. The company made a loss. 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 September 30, 2025.
€ -52,213
▼ € 164,650 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -164,650
▼ 4412 % more loss than in 2023
Profit after tax over the fiscal year.
€ 230,811
▲ 42% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -70,813.
People and assets in 2024
66.7
▼ 6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▼ 1% vs 2023
€ 56,000 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.
€ 460,878
▲ 5% vs 2023
Of which on lease € 373,821.
Debts at end 2024
€ 1.1 million
▲ 4% vs 2023
€ 136,288 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 411,112
▲ 8% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 562,188
▲ 21% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,913,537 | € 3,468,996 | € 4,160,500 | € 4,186,923 | ▲ 1% |
| Profit after taxes | € 49,566 | € -166,998 | € -3,649 | € -164,650 | ▼ € 161,001 |
| Equity | € 283,084 | € 116,085 | € 112,437 | € -52,213 | ▼ € 164,650 |
| Total debts | € 1,298,769 | € 2,170,934 | € 1,971,892 | € 2,047,471 | ▲ 4% |
| Cash | € 248,755 | € 286,554 | € 162,673 | € 230,811 | ▲ 42% |
| Retained profit | € 264,484 | € 97,485 | € 93,837 | € -70,813 | ▼ € 164,650 |
| Bank debt | € 460,972 | € 985,864 | € 1,034,993 | € 1,074,170 | ▲ 4% |
| Balance sheet total | € 1,581,852 | € 2,287,019 | € 2,084,329 | € 1,995,258 | ▼ 4% |
| Employees (FTE) | 36.2 | 68.8 | 72.7 | 66.7 | ▼ 6 |
Key figures of Logicall Installation Services Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Logicall Installation Services Belgium?
What happened at Logicall Installation Services Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 164,650. filed late Source: NBB ↗
- LOGICALL GROUP BV became a director. NBB
- FREDERIK WEIJGERTSE became a director. NBB
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
- New establishment in Mechelen. KBO
In short
From € 49,566 profit in 2021 to € 164,650 loss in 2024.
Paid € 34,415 in corporate taxes since 2021.
Best year ever: 2021, with € 49,566 profit.
On average € 62,800 of value added per employee in 2024.
A new publication or filing at Logicall Installation Services Belgium? We notify you, reason included.
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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
Behind Logicall Installation Services Belgium are LOGICALL GROUP BV and FREDERIK WEIJGERTSE.
Directors
According to the 2024 annual accounts
Director · represented by SCHURGERS ERIK
since 2023
FREDERIK WEIJGERTSE
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Egide Walschaertsstraat 18
2800 Mechelen
J. Monnetlaan 3
1800 Vilvoorde
Active since 7 July 2016
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
Mimecast
Hosting
GOOGLE - Google LLC, US
Domain
Domain
patrans.be
Registered
2005-07-12
Website info
Features
Security
Details
- Company number
- 0658.799.650
- VAT number
- BE 0658.799.650
- Registered office
- Egide Walschaertsstraat 18, 2800 Mechelen
- Names & denominations
- Logicall Installation Services Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2016
- Peppol
- Active · Active since 20 Apr 2026
- Contact
- patrans.be
- Activities · NACE
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