AUGNITION
ActiveSummary
AUGNITION has been active since 2014 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2024 annual accounts show equity of €2.9m and a net result of -€799,405. Equity is growing by ~17.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability50▼-10
Solvency95▼-5
Growth52▼-26
Track record84
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity ample (current ratio 2.49 against 7.0 in 2023; short-term debt: 19.4% and cash: 3.5% of total assets), and 29.8% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
70.2%
Return on assets
-19.4%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
61 d late
2023
2 d early
2022
7 d early
2021
27 d early
2020
5 d early
2019
62 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#4 company by equity in Aalst, Telecoms and IT sector#5 company by total assets in Aalst, Telecoms and IT sector
Equity
€2.9m▼ 21.6%
2023 · €3.7m
Total assets
€4.1m▼ 9.4%
2023 · €4.6m
Net result
-€799,405▼ 165%
2023 · -€301,631
Working capital
€1.2m▼ 42.6%
2023 · €2.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€48,825▲ 11.1%-€88,079▼ 80.4%€45,113-€273,987-€802,225▼ 193%
Net result-€90,789below the sector's middle half▼ 44.2%-€141,801below the sector's middle half▼ 56.2%€57,124within the sector's middle half-€301,631below the sector's middle half-€799,405below the sector's middle half▼ 165%
Equity€1.2mabove the sector's middle half▼ 6.9%€1.1mabove the sector's middle half▼ 11.6%€4.0mabove the sector's middle half▲ 270%€3.7mabove the sector's middle half▼ 7.5%€2.9mabove the sector's middle half▼ 21.6%
Total assets€3.6mabove the sector's middle half▲ 57.5%€5.6mabove the sector's middle half▲ 56.1%€4.7mabove the sector's middle half▼ 17.5%€4.6mabove the sector's middle half▼ 2.2%€4.1mabove the sector's middle half▼ 9.4%
Debt€2.4m▲ 143%€4.6m▲ 90.7%€658,065▼ 85.6%€857,695▲ 30.3%€1.2m▲ 43.1%
Working capital€1.7mabove the sector's middle half▲ 34.3%€137,747within the sector's middle half▼ 91.9%€2.5mabove the sector's middle half▲ 1,703%€2.1mabove the sector's middle half▼ 16.4%€1.2mabove the sector's middle half▼ 42.6%
Solvency33.8%within the sector's middle half▼ 23.4pp19.1%within the sector's middle half▼ 14.7pp85.9%above the sector's middle half▲ 66.7pp81.2%above the sector's middle half▼ 4.7pp70.2%above the sector's middle half▼ 10.9pp
Current ratio2.59within the sector's middle half▼ 0.721.03below the sector's middle half▼ 1.567.26above the sector's middle half▲ 6.237.00above the sector's middle half▼ 0.262.49within the sector's middle half▼ 4.51
Return on assets (ROA)-2.5%below the sector's middle half▲ 0.2pp-2.5%below the sector's middle half=1.2%within the sector's middle half▲ 3.7pp-6.6%below the sector's middle half▼ 7.9pp-19.4%below the sector's middle half▼ 12.8pp
Staff (FTE)10.2within the sector's middle half▲ 8.5%12.7above the sector's middle half▲ 24.5%15.6above the sector's middle half▲ 22.8%23.9above the sector's middle half▲ 53.2%14.3above the sector's middle half▼ 40.2%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €802,225 in 2024 against €273,987 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.1m
Fixed assets
€2.1m =
Current assets
€2.0m ▼ 17.7%
Equity and liabilities €4.1m
Equity
€2.9m ▼ 21.6%
Debt
€1.2m ▲ 43.1%
Debt's share of the balance-sheet total rises from 18.8% to 29.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€445,791▼
2023 · €774,331
Cash flow
€448,611▼
2023 · €746,686
Debt to equity
0.42▲
2023 · 0.23
ROE
-27.6%▼
2023 · -8.2%
Interest coverage
25.47▲
2023 · 23.48
Debt ≤ 1 year
€801,095▲
2023 · €345,969
Income taxes
€3,247▼
2023 · €3,517
Staff costs
€1.3m▲
2023 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 376 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 91% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
0.8%
went bankrupt
7.2%
stopped otherwise
91%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 376 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €888,200 | €1.1m | €1.2m | €1.3m | ▲ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €427,196 | €541,764 | €727,596 | €1.0m | €1.2m | ▲ 19.0% |
| Other operating charges640/8 | - | €3,503 | €1,112 | €6,107 | €1,115 | ▼ 81.7% |
| Non-recurring operating charges66A | - | - | - | €744 | - | - |
| Gross operating margin9900 | €1.1m | €1.3m | €1.8m | €2.0m | €1.8m | ▼ 11.9% |
| Operating profit (loss)9901 | -€48,825 | -€88,079 | €45,113 | -€273,987 | -€802,225 | ▼ 193% |
| Financial income75/76B | - | €45,315 | €40,481 | €8,847 | €23,570 | ▲ 166% |
| Recurring financial income75 | €13,899 | €45,315 | €40,481 | €8,682 | €23,570 | ▲ 171% |
| Non-recurring financial income76B | - | - | - | €165 | - | - |
| Financial charges65/66B | - | €96,795 | €25,892 | €32,974 | €17,504 | ▼ 46.9% |
| Recurring financial charges65 | €54,553 | €96,795 | €25,892 | €32,974 | €17,504 | ▼ 46.9% |
| Profit (loss) for the period before taxes9903 | -€89,579 | -€139,559 | €59,702 | -€298,114 | -€796,158 | ▼ 167% |
| Income taxes67/77 | €1,210 | €2,241 | €2,578 | €3,517 | €3,247 | ▼ 7.7% |
| Profit (loss) for the period9904 | -€90,789 | -€141,801 | €57,124 | -€301,631 | -€799,405 | ▼ 165% |
| Profit (loss) for the period to be appropriated9905 | -€90,789 | -€141,801 | €57,124 | -€301,631 | -€799,405 | ▼ 165% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.6m | €5.6m | €4.7m | €4.6m | €4.1m | ▼ 9.4% |
| Fixed assets21/28 | €842,682 | €1.2m | €1.8m | €2.1m | €2.1m | = |
| Intangible fixed assets21 | €834,030 | €1.2m | €1.8m | €2.1m | €2.1m | ▲ 0.1% |
| Tangible fixed assets22/27 | €8,652 | €8,261 | €8,489 | €9,968 | €7,493 | ▼ 24.8% |
| Furniture and vehicles24 | - | €8,261 | €8,489 | €9,968 | €7,493 | ▼ 24.8% |
| Current assets29/58 | €2.8m | €4.5m | €2.9m | €2.4m | €2.0m | ▼ 17.7% |
| Amounts receivable within one year40/41 | €1.7m | €2.5m | €1.8m | €1.7m | €1.5m | ▼ 15.2% |
| Trade receivables40 | - | €2.2m | €1.6m | €1.5m | €1.4m | ▼ 10.4% |
| Other amounts receivable41 | - | €317,171 | €141,519 | €226,192 | €118,984 | ▼ 47.4% |
| Cash at bank and in hand54/58 | €969,104 | €1.9m | €893,994 | €376,272 | €144,509 | ▼ 61.6% |
| Deferred charges and accrued income490/1 | - | €97,883 | €232,296 | €300,911 | €368,881 | ▲ 22.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.6m | €5.6m | €4.7m | €4.6m | €4.1m | ▼ 9.4% |
| Equity10/15 | €1.2m | €1.1m | €4.0m | €3.7m | €2.9m | ▼ 21.6% |
| Contributions10/11 | €2.7m | €1.3m | €4.2m | €4.2m | €4.2m | = |
| Capital10 | - | €1.3m | €4.2m | €4.2m | €4.2m | = |
| Issued capital100 | - | €1.3m | €4.2m | €4.2m | €4.2m | = |
| Profit (loss) carried forward14 | -€1.5m | -€233,252 | -€176,128 | -€477,759 | -€1.3m | ▼ 167% |
| Amounts payable17/49 | €2.4m | €4.6m | €658,065 | €857,695 | €1.2m | ▲ 43.1% |
| Amounts payable after more than one year17 | €1.2m | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.1m | €4.3m | €396,786 | €345,969 | €801,095 | ▲ 132% |
| Financial debts43 | - | €2.9m | €45,969 | €26,200 | - | - |
| Credit institutions430/8 | - | - | €45,969 | €26,200 | - | - |
| Other loans439 | - | €2.9m | - | - | - | - |
| Trade debts44 | €876,821 | €1.3m | €177,832 | €127,148 | €474,559 | ▲ 273% |
| Suppliers440/4 | - | €1.3m | €177,832 | €127,148 | €474,559 | ▲ 273% |
| Taxes, remuneration and social security45 | - | €158,070 | €165,941 | €185,577 | €105,398 | ▼ 43.2% |
| Taxes450/3 | - | €8,762 | €745 | - | - | - |
| Remuneration and social security454/9 | - | €149,308 | €165,196 | €185,577 | €105,398 | ▼ 43.2% |
| Other amounts payable47/48 | - | €1,788 | €7,045 | €7,045 | €221,138 | ▲ 3,039% |
| Accrued charges and deferred income492/3 | - | €221,888 | €261,280 | €511,725 | €426,181 | ▼ 16.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€90,789 | -€141,801 | €57,124 | -€301,631 | -€799,405 | ▼ 165% |
| + Depreciation and write-downs630 | €427,196 | €541,764 | €727,596 | €1.0m | €1.2m | ▲ 19.0% |
| Operating cash flow (approximation) | €336,408 | €399,964 | €784,720 | €746,686 | €448,611 | ▼ 39.9% |
| Investment in fixed assets (approximation) | - | -€863,088 | -€1.3m | -€1.4m | -€1.2m | ▲ 11.2% |
| Change in cash | - | €936,319 | -€1.0m | -€517,722 | -€231,762 | ▲ 55.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-06
State Gazette act
MiscellaneousPower of attorney · Declaration4 facts ▸
State Gazette act
Miscellaneous
Power of attorney · Declaration4 facts ▸
- Board meeting, 22-05-2026
- Power of attorney, Benoit Quest
- Power of attorney, Benoit Pellevoizin
- Declaration, no remuneration for bank powers
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
12-01
KBO administration
Address strikeout annulled
2025
22-12
KBO administration
Address struck
Groeneweg 17 9320 Die Sitzadresse Groeneweg 17 9320 Aalst · event 17-11-2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet -€799,405
Net result drops to -€799,405, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €57,124
Net result €57,124 after 4 loss-making years.
31-12
Financial
Liquidity times 7current ratio 7.26
Current ratio from 1.03 to 7.26; short-term debt falls from €4.3m to €396,786.
31-12
Financial
Equity above €2mEq €4.0m ▲270%
Equity rises from €1.1m to €4.0m.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 62 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 15 acts read
About the unread acts
Of the 15 Belgian State Gazette acts we know for this company, 1 has been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2014
Ground area
3,827 m²
Building footprint
814 m²
Volume, LiDAR
5,709 m³
2 parcels, Flanders · tallest building 26.0 m, ±2 floors. Linked by address, not a title deed.
152
companies at this address
See who is registered here
1 establishment unit
Augnition NV // Proceedix
since 20142.225.899.184
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0933/00H000 | Flanders | 3,635 m² | 1 · 798 m² | 26.0 m · 2 fl. |
| 44062B0041/00F002 | Flanders | 192 m² | 1 · 15 m² | 5.5 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- SymphonyAI Proceedix Holding
- AUGNITION
Highest known parent: SymphonyAI Proceedix Holding. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 114,951 EUR awarded · 91,938 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 0 EUR |
| 2024 | 2 | 1,278 EUR | 46,278 EUR |
| 2023 | 1 | 0 EUR | 45,000 EUR |
| 2022 | 2 | 113,673 EUR | 660 EUR |
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Of 16,915 companies in sector 62100 we hold annual accounts for 8,786. 2,034 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
46500Wholesale of information and communication equipment
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0544467235
Also
9925:BE0544467235
Registered
31-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.