ACTIVE

LOGAR

Financial year 2024 · closed on 31/12/2024
Net result
62,8 k €
+85.0% YoY
Gross margin
110,5 k €
+110.5% YoY
Equity
586,8 k €
+12.0% YoY

What does LOGAR do?

LOGAR is a Private limited company incorporated in 2005. Its main activity is: Wholesale of mining, construction and civil engineering machinery. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0871.447.307
Incorporation
25/01/2005
Legal form
Private limited company
Registered office
Heesterlaan 15
8200 Brugge · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin110,5 k €52,5 k €121,3 k €116,7 k €126,6 k €108,1 k €98,4 k €84,9 k €135,9 k €87 k €74,4 k €99,2 k €68 k €44,1 k €107,2 k €44,9 k €50,8 k €64,8 k €39,5 k €
EBITDA98,5 k €45,3 k €93,4 k €113 k €122,2 k €102,4 k €80,7 k €61 k €107,7 k €61,9 k €45,7 k €76,8 k €42,7 k €23,1 k €81,9 k €25,6 k €33,4 k €56,9 k €38,8 k €
Operating result98,3 k €45,1 k €93,2 k €100,6 k €109,9 k €52,1 k €65,5 k €45,7 k €92,3 k €46,3 k €28,9 k €59,9 k €25,6 k €-7,6 k €50,4 k €-27,4 k €9,8 k €18,3 k €-713 €
Net result62,8 k €33,9 k €39,1 k €71,1 k €90,1 k €35,5 k €58,2 k €37,8 k €65,3 k €28,3 k €13,1 k €48,9 k €-4,1 k €-13,9 k €13,6 k €-26,7 k €7,6 k €7,7 k €24 €
Balance sheet
Equity586,8 k €524,1 k €490,2 k €451,1 k €380 k €289,9 k €254,3 k €196,2 k €158,3 k €93 k €64,7 k €51,6 k €2,7 k €6,9 k €20,8 k €7,2 k €33,8 k €26,3 k €18,6 k €
Total assets682,3 k €781,2 k €695,6 k €769,6 k €728,3 k €649,4 k €636,7 k €641,9 k €642,7 k €609,8 k €582,1 k €875 k €916,5 k €939 k €460 k €506,6 k €173,2 k €144,8 k €72,4 k €
Cash2,6 k €918,2 €506,7 €5 €81 €1,4 k €7,1 k €
Debts95,5 k €257,1 k €205,4 k €318,5 k €348,3 k €359,4 k €382,4 k €444,3 k €484,4 k €516,8 k €517,4 k €523,4 k €613,7 k €632,1 k €439,2 k €499,4 k €134,4 k €118,5 k €53,8 k €
Other
Workforce0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

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

Active mandates

Lode Garmyn

Director

Active

Ended mandates

Lode Garmyn

Director · since 13 janvier 2005

Ended
Lode Garmyn

Manager · since 13 janvier 2005

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/09/202524/09/202524/09/202516/10/202231/08/202110/11/2020
General meeting11/09/202511/09/202511/09/202509/10/202228/06/202107/11/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202411/09/202524/09/2025DutchPDF
Micro model31/12/202311/09/202524/09/2025DutchPDF
Micro model31/12/202211/09/202524/09/2025DutchPDF
Micro model31/12/202109/10/202216/10/2022DutchPDF
Micro model31/12/202028/06/202131/08/2021DutchPDF
Micro model31/12/201907/11/202010/11/2020DutchPDF
Micro model31/12/201825/03/201930/08/2019DutchPDF
Micro model31/12/201726/09/201827/09/2018DutchPDF
Micro model31/12/201629/08/201730/08/2017DutchPDF
Abridged model31/12/201527/11/201616/12/2016DutchPDF
Abridged model31/12/201429/09/201524/11/2015DutchPDF
Abridged model31/12/201322/11/201401/12/2014DutchPDF
Abridged model31/12/201204/12/201308/01/2014DutchPDF
Abridged model31/12/201103/09/201303/09/2013DutchPDF
Abridged model31/12/201018/03/201103/02/2012DutchPDF
Abridged model31/12/200919/03/201001/12/2010DutchPDF
Abridged model31/12/200820/03/200907/08/2009DutchPDF
Abridged model31/12/200728/07/200816/08/2008DutchPDF
Abridged model31/12/200623/07/200714/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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

Lode Garmyn

Director

Active

Ended mandates

Lode Garmyn

Director · since 13 janvier 2005

Ended
Lode Garmyn

Manager · since 13 janvier 2005

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/02/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Other02/02/2005
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 202462,8 k €
  2. 2023
    Annual accounts 202333,9 k €
  3. 2022
    Annual accounts 202239,1 k €
  4. 2021
    Annual accounts 202171,1 k €
  5. 2020
    Annual accounts 202090,1 k €
  6. 2019
    Annual accounts 201935,5 k €
  7. 2018
    Annual accounts 201858,2 k €
  8. 2017
    Annual accounts 201737,8 k €
  9. 2016
    Annual accounts 201665,3 k €
  10. 2015
    Annual accounts 201528,3 k €
  11. 2014
    Annual accounts 201413,1 k €
  12. 2013
    Annual accounts 201348,9 k €
  13. 2012
    Annual accounts 2012-4,1 k €
  14. 2011
    Annual accounts 2011-13,9 k €
  15. 2010
    Annual accounts 201013,6 k €
  16. 2009
    Annual accounts 2009-26,7 k €
  17. 2008
    Annual accounts 20087,6 k €
  18. 2007
    Annual accounts 20077,7 k €
  19. 2006
    Annual accounts 200624 €
  20. 25/01/2005
    IncorporationPrivate limited company