Bankrupt · Opening faillissement (CBE)
LOGE CONSTRUCTION logo

LOGE CONSTRUCTION

BE0723577735

Rechtspersoon Private limited company 1 establishment

LOGE CONSTRUCTION is filed with the CBE under the catch-all “Overige gespecialiseerde bouwactiviteiten”. Also registered: architecture firm, specialised building contractor, construction company. Private Limited, started on 25 March 2019, 1 establishment.

Rue du Champay,Heure 2, 5377 Somme-Leuze chaletlebochetay.be

Start date

25 March 2019

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 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 29 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

LOGE CONSTRUCTION from Somme-Leuze, company number BE0723577735, closed financial year 2022 with a result of € -1.5 million after tax. For that financial year LOGE CONSTRUCTION recorded a gross margin of € -744,812 and equity of € -1.3 million. Compared with financial year 2021, the result moved from € 109,170 to € -1.5 million. 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 October 16, 2023.

What it is worth Caution

€ -1.3 million

▼ € 1.5 million vs 2021

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

Loss Caution

€ -1.5 million

▼ still € 109,170 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 24,006

▼ 76% vs 2021

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.3 million.

People and assets in 2022

Full-time equivalents

13.7

▲ 8.1 vs 2021

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

Wage cost

€ 587,373

▲ 233% vs 2021

€ 42,900 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

€ 243,136

▲ 9% vs 2021

Of which on lease € 203,896.

Debts at end 2022

Bank debt ≈ 4 years to go

€ 647,563

▲ 82% vs 2021

€ 99,248 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 918,021

▲ 221% vs 2021

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

Taxes and wages

€ 120,546

▲ 278% vs 2021

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 350,434 € -744,812 ▼ € 1.1 million
Profit after taxes € 109,170 € -1,465,369 ▼ € 1.6 million
Equity € 143,748 € -1,321,621 ▼ € 1.5 million
Total debts € 682,956 € 2,530,549 ▲ 271%
Cash € 98,396 € 24,006 ▼ 76%
Retained profit € 137,548 € -1,327,821 ▼ € 1.5 million
Bank debt € 355,476 € 647,563 ▲ 82%
Balance sheet total € 826,704 € 1,208,928 ▲ 46%
Employees (FTE) 5.6 13.7 ▲ 8.1

Key figures of LOGE CONSTRUCTION, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to LOGE CONSTRUCTION?

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

LOGE CONSTRUCTION is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 1.5 million (▼ € 1.6 million vs 2021). filed late Source: NBB ↗
  • New establishment in Somme-Leuze. KBO
  • Start of the company according to the CBE. KBO

In short

From € 109,170 profit in 2021 to € 1.5 million loss in 2022.

Paid € 17,104 in corporate taxes since 2021.

Best year ever: 2021, with € 109,170 profit.

On average € 62,600 of value added per employee in 2021.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Champay,Heure 2

5377 Somme-Leuze

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.

Website

Technologies

ApacheGoogle FontsPHPVarnish

Hosting & Email

Email provider

one.com Mail

Hosting

ONECOM, DK

Website info

HTTPS Ja
Indexable pages 5

Features

Security

HTTPS
SPF
DMARC

Network

IPv6

Details

Company number
0723.577.735
VAT number
BE 0723.577.735
Registered office
Rue du Champay,Heure 2, 5377 Somme-Leuze
Names & denominations
LOGE CONSTRUCTION
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
25 March 2019
Peppol
Not registered
Activities · NACE

Overige gespecialiseerde bouwactiviteiten, neg

Restaureren van bouwwerken

Activiteiten van bouwarchitecten

Dakwerkzaamheden

Algemene bouw van residentiële gebouwen

Schrijnwerk

Algemene elektrotechnische installatiewerken

Frequently asked questions

What does LOGE CONSTRUCTION do?
LOGE CONSTRUCTION is filed with the CBE under the catch-all “Overige gespecialiseerde bouwactiviteiten”. Also registered: architecture firm, specialised building contractor, construction company. Private Limited, started on 25 March 2019, 1 establishment.
What is the address of LOGE CONSTRUCTION?
The registered office of LOGE CONSTRUCTION is located at Rue du Champay,Heure 2, 5377 Somme-Leuze.
Is LOGE CONSTRUCTION still active?
No. The CBE lists LOGE CONSTRUCTION with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is LOGE CONSTRUCTION registered on Peppol?
No, LOGE CONSTRUCTION is currently not registered on the Peppol network.
What is the enterprise number of LOGE CONSTRUCTION?
The enterprise number of LOGE CONSTRUCTION is BE0723577735.
When was LOGE CONSTRUCTION founded?
LOGE CONSTRUCTION was founded on 25 March 2019.