Thank you for provide me the full code, please try to replace the logo section with:
<div class="cred-field cred-field-entity_logo">
<div class="cred-label">Logo</div>
[wpv-if logo="wpcf-entity_logo" evaluate="empty($logo)"]
THE EMPTY IMAGE SRC
[/wpv-if]
[cred_field field="entity_logo" post="entities" value=""]
</div>
Please let me know if you are satisfied with my answer and if I can help you with any other questions you might have.