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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LOGAR GROUP from Gent, company number BE1001873804, closed financial year 2025 with a result of € 1,164 after tax. For that financial year LOGAR GROUP recorded a gross margin of € 34,897 and equity of € -32,252. Compared with financial year 2024, the result moved from € -35,916 to € 1,164. 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 June 2, 2026.
€ -32,252
▲ € 1,164 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,164
▲ still € 35,916 loss in 2024
Profit after tax over the fiscal year.
€ 2,321
▲ € 2,292 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 € -34,752.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 32,689
▲ 66% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,028
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,701
▼ 26% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -15,671 | € 34,897 | ▲ € 50,569 |
| Profit after taxes | € -35,916 | € 1,164 | ▲ € 37,080 |
| Equity | € -33,416 | € -32,252 | ▲ € 1,164 |
| Total debts | € 33,446 | € 39,737 | ▲ 19% |
| Cash | € 30 | € 2,321 | ▲ € 2,292 |
| Retained profit | € -35,916 | € -34,752 | ▲ € 1,164 |
| Balance sheet total | € 30 | € 7,485 | ▲ € 7,455 |
Key figures of LOGAR GROUP, fiscal years 2024 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 LOGAR GROUP?
What happened at LOGAR GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,164. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 35,916 loss in 2024 to € 1,164 profit in 2025.
Best year ever: 2025, with € 1,164 profit.
Management
Behind LOGAR GROUP is Ahmad Quraishi.
Directors
According to the 2025 annual accounts
Ahmad Quraishi
Director
Establishments
Establishment units
Physical locations of this company
Kammerstraat 4
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- QURAISHI Ahmad(oprichter) 100%
Details
- Company number
- 1001.873.804
- VAT number
- BE 1001.873.804
- Registered office
- Kammerstraat 4, 9000 Gent
- Names & denominations
- LOGAR GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 2023
- Peppol
- Not registered
- Activities · NACE
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