ACTIVE

LOGIC SOLUTION

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Financial year 2024 · closed on 31/12/2024

Net result

14,6 k €

-44.6% YoY

Gross margin

32 k €

-26.7% YoY

Equity

48,8 k €

+42.7% YoY

What does LOGIC SOLUTION do?

LOGIC SOLUTION is a Private company with limited liability incorporated in 2001. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.082.928

Incorporation

15/11/2001

Legal form

Private company with limited liability

Registered office

Avenue Louise 209
1050 Ixelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2020		2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	32 k €	-26.7%	43,6 k €	+1280%	-3,7 k €	-177%	4,8 k €	-81.8%	26,4 k €	+221%	8,2 k €	-19.1%	10,2 k €	+10.7%	9,2 k €	+82.0%	5 k €	-77.7%	22,6 k €	+2.2%	22,1 k €	+39.2%	15,9 k €	+16.7%	13,6 k €	+1322%	-1,1 k €	-42.5%	-782,5 €	-13.9%	-686,7 €
EBITDA	22 k €	-38.5%	35,8 k €	+645%	-6,6 k €	-8986%	73,9 €	+104%	-1,8 k €	-127%	6,9 k €	-13.0%	7,9 k €	-5.9%	8,4 k €	+172%	-11,7 k €	-167%	17,4 k €	-8.7%	19 k €	+102%	9,4 k €	-12.9%	10,8 k €	+729%	-1,7 k €	-119%	-782,5 €	-13.9%	-686,7 €
Operating result	20,7 k €	-39.2%	34 k €	+606%	-6,7 k €	-298%	-1,7 k €	+56.3%	-3,9 k €	-390%	1,3 k €	+579%	-278,7 €	-4964%	5,7 €	+100%	-18,5 k €	-265%	11,2 k €	-13.9%	13 k €	+41.8%	9,2 k €	-10.8%	10,3 k €	+631%	-1,9 k €	-118%	-886,7 €	-12.1%	-790,9 €
Net result	14,6 k €	-44.6%	26,3 k €	+485%	-6,8 k €	-28.4%	-5,3 k €	-32.4%	-4 k €	-1129%	390,9 €	-54.9%	867,2 €	+121%	-4 k €	+85.7%	-28,2 k €	-387%	9,8 k €	+49.7%	6,6 k €	-28.3%	9,1 k €	-11.0%	10,3 k €	+631%	-1,9 k €	-118%	-886,7 €	-12.1%	-790,9 €
Balance sheet
Equity	48,8 k €	+42.7%	34,2 k €	+1173%	2,7 k €	-71.8%	9,5 k €	-33.8%	14,4 k €	-21.8%	18,4 k €	+47.4%	12,5 k €	+7.5%	11,6 k €	-25.8%	15,7 k €	-64.3%	43,8 k €	+28.8%	34 k €	+23.9%	27,5 k €	+95.5%	14 k €	+271%	3,8 k €	+266%	-2,3 k €	-63.6%	-1,4 k €
Total assets	72,8 k €	+6.0%	68,7 k €	+402%	13,7 k €	-22.0%	17,5 k €	-31.3%	25,5 k €	+24.3%	20,5 k €	+26.5%	16,2 k €	-51.1%	33,2 k €	-9.0%	36,5 k €	-41.4%	62,2 k €	+11.1%	56 k €	+104%	27,5 k €	+90.6%	14,4 k €	+225%	4,4 k €	+1827%	230,2 €	+10.5%	208,4 €
Cash	46,7 k €	+36.7%	34,1 k €	+798%	3,8 k €	+35.7%	2,8 k €	-86.8%	21,2 k €	+49.0%	14,2 k €	+266%	3,9 k €	-43.0%	6,8 k €	-17.2%	8,3 k €	-80.8%	42,9 k €	+68.0%	25,6 k €	+2.0%	25,1 k €	+90.2%	13,2 k €	+1473%	837,2 €		–		–
Debts	24 k €	-30.4%	34,5 k €	+213%	11 k €	+37.2%	8 k €	-28.0%	11,1 k €	+425%	2,1 k €	-43.4%	3,7 k €	-82.6%	21,6 k €	+3.6%	20,8 k €	+13.1%	18,4 k €	-16.2%	22 k €		–		358,8 €	-44.7%	648,7 €	-74.2%	2,5 k €	+56.7%	1,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Naïma AZOUGAGH

Director

Active

Ended mandates

Ahmed El Alaoui MENACER

Director

Ended

Naïma AZOUGAGH

Managing director

Ended

At this address

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Annual accounts

Full financial information

	2024	2023	2020	2019	2017	2016
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2020	01/01/2019	01/01/2017	01/01/2016
Closing of the financial year	31/12/2024	31/12/2023	31/12/2020	31/12/2019	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/12/2025	16/12/2024	10/11/2021	22/09/2020	22/03/2019	18/09/2017
General meeting	22/12/2025	25/06/2024	30/09/2021	19/06/2020	19/06/2018	09/06/2017
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	22/12/2025	30/12/2025	French	PDF
Micro model	31/12/2023	25/06/2024	16/12/2024	French	PDF
Micro model	31/12/2020	30/09/2021	10/11/2021	French	PDF
Micro model	31/12/2019	19/06/2020	22/09/2020	French	PDF
Abridged model	31/12/2017	19/06/2018	22/03/2019	French	PDF
Abridged model	31/12/2016	09/06/2017	18/09/2017	French	PDF
Abridged model	31/12/2015	10/06/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	12/06/2015	06/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	24/09/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	26/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	26/11/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	22/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	31/07/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	02/11/2009	French	PDF
Abridged model	31/12/2007	01/06/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	01/05/2007	29/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Naïma AZOUGAGH

Director

Active

Ended mandates

Ahmed El Alaoui MENACER

Director

Ended

Naïma AZOUGAGH

Managing director

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202414,6 k €↓
2023
Annual accounts 202326,3 k €↑
2020
Annual accounts 2020-6,8 k €↓
2019
Annual accounts 2019-5,3 k €↓
2017
Annual accounts 2017-4 k €↓
2016
Annual accounts 2016390,9 €↓
2015
Annual accounts 2015867,2 €↑
2014
Annual accounts 2014-4 k €↑
2013
Annual accounts 2013-28,2 k €↓
2012
Annual accounts 20129,8 k €↑
2011
Annual accounts 20116,6 k €↓
2010
Annual accounts 20109,1 k €↓
2009
Annual accounts 200910,3 k €↑
2008
Annual accounts 2008-1,9 k €↓
2007
Annual accounts 2007-886,7 €↓
2006
Annual accounts 2006-790,9 €
15/11/2001
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LOGIC SOLUTION

Overview

What does LOGIC SOLUTION do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline