ACTIVE

LOGIPAL

Financial year 2025 · closed on 31/12/2025
Net result
71,4 k €
-27.3% YoY
Gross margin
197,2 k €
-26.7% YoY
Equity
160,7 k €
+13.4% YoY
Workforce
1,0 ETP
-50.0% YoY

What does LOGIPAL do?

LOGIPAL is a Private limited company incorporated in 2009. Its registered office is in Saint-Ghislain. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0821.684.921
Incorporation
22/12/2009
Legal form
Private limited company
Registered office
Rue des Azalées(B) 5
7331 Saint-Ghislain · WallonieSee on map
Contributed capital
21 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (6)
  • 126
  • 1260
  • 140
  • 14003
  • 226
  • 2260
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120182013201220112010
Income statement
Gross margin197,2 k €269,0 k €230,2 k €205,5 k €484,9 k €1,1 M €135,9 k €106,1 k €-104,2 k €81,7 k €
EBITDA130,0 k €155,7 k €121,6 k €97,8 k €81,4 k €102,2 k €47,5 k €27,1 k €-184,6 k €26,0 k €
Operating result95,7 k €133,5 k €94,3 k €80,1 k €75,3 k €76,2 k €5,2 k €4,1 k €-194,7 k €10,1 k €
Net result71,4 k €98,3 k €68,9 k €58,6 k €53,6 k €48,0 k €5,1 k €309,0 €10,8 k €4,7 k €
Balance sheet
Equity160,7 k €141,7 k €96,0 k €81,5 k €79,5 k €46,9 k €41,9 k €36,8 k €36,5 k €25,7 k €
Total assets266,3 k €308,7 k €284,1 k €297,6 k €249,7 k €497,8 k €225,4 k €171,6 k €224,9 k €575,8 k €
Cash56,3 k €30,1 k €121,4 k €142,8 k €90,9 k €13,5 k €15,1 k €37,5 k €16,8 k €24,2 k €
Debts105,6 k €164,6 k €173,7 k €201,9 k €156,3 k €450,9 k €183,4 k €134,8 k €188,4 k €550,1 k €
Other
Workforce1,0 ETP2,0 ETP2,0 ETP8,8 ETP2,0 ETP2,0 ETP2,0 ETP1,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

BB Management

Director · since 27 septembre 2023 · 0774.785.619

Represented by Bram BRUYNEEL

Active
Dieter Wittesaele

Director · since 27 septembre 2023

Active
GRACO

Director · since 27 septembre 2023 · 0454.451.928

Represented by Roger Grauwet

Active

Ended mandates

BB Management

Director · since 30 septembre 2021 · 0774.785.619

Represented by Bram Bruyneel

Ended
Bram Bruyneel

Director · since 30 mars 2017

Ended
Bram Bruyneel

Manager · since 30 mars 2017

Ended
Dieter Wittesaele

Director · since 30 mars 2017

Ended
At this address

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0440.801.652
PGS MATONActive
0428.353.879
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/07/202626/06/202515/04/202422/06/202330/06/202201/06/2021
General meeting25/06/202624/06/202529/03/202419/06/202301/06/202207/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202622/07/2026FrenchPDF
Abridged model31/12/202424/06/202526/06/2025FrenchPDF
Micro model31/12/202329/03/202415/04/2024FrenchPDF
Abridged model31/12/202219/06/202322/06/2023FrenchPDF
Abridged model31/12/202101/06/202230/06/2022FrenchPDF
Abridged model31/12/202007/05/202101/06/2021FrenchPDF
Abridged model31/12/201929/06/202014/07/2020FrenchPDF
Micro model31/12/201821/06/201919/07/2019DutchPDF
Micro model31/12/201701/06/201801/06/2018FrenchPDF
Abridged model31/12/201629/03/201730/03/2017FrenchPDF
Abridged model31/12/201530/04/201603/05/2016FrenchPDF
Abridged model31/12/201406/06/201501/07/2015FrenchPDF
Abridged model31/12/201316/05/201426/08/2014FrenchPDF
Abridged model31/12/201217/05/201328/08/2013FrenchPDF
Abridged model31/12/201118/05/201230/08/2012FrenchPDF
Abridged model31/12/201020/05/201126/08/2011FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2025 · 3 active · 21 ended

Active mandates

BB Management

Director · since 27 septembre 2023 · 0774.785.619

Represented by Bram BRUYNEEL

Active
Dieter Wittesaele

Director · since 27 septembre 2023

Active
GRACO

Director · since 27 septembre 2023 · 0454.451.928

Represented by Roger Grauwet

Active

Ended mandates

BB Management

Director · since 30 septembre 2021 · 0774.785.619

Represented by Bram Bruyneel

Ended
Bram Bruyneel

Director · since 30 mars 2017

Ended
Bram Bruyneel

Manager · since 30 mars 2017

Ended
Dieter Wittesaele

Director · since 30 mars 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office11/04/2018
    SIEGE SOCIAL
    PDF
  • Mandates26/05/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/05/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/02/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/02/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Other04/01/2010
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202571,4 k €
  2. 2024
    Annual accounts 202498,3 k €
  3. 2023
    Annual accounts 202368,9 k €
  4. 2022
    Annual accounts 202258,6 k €
  5. 2021
    Annual accounts 202153,6 k €
  6. 2018
    Annual accounts 201848,0 k €
  7. 2013
    Annual accounts 20135,1 k €
  8. 2012
    Annual accounts 2012309,0 €
  9. 2011
    Annual accounts 201110,8 k €
  10. 2010
    Annual accounts 20104,7 k €
  11. 22/12/2009
    IncorporationPrivate limited company