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Awingu

Active
Public limited companyfounded 201115 yrs activeOttergemsesteenweg-Zuid 808, 9000 Gent, BelgiumKBO/BCE: BE 0832.859.222
Summary

The computed 12-month bankruptcy probability of Awingu is 4.1% (elevated). The 2024 annual accounts show negative equity (-€2.7m) and a net result of -€613,081. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 480 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
AwinguActiveChecked score 46/100
Risk analysis ReportCompare

Overview

Activity
Computing infrastructure, data processing, hosting and related activities
NACE 63100NACE 63110
1 site
Size
€2.4mturnover 2024
Staff
17.6 FTE
Equity
-€2.7m
Loss
-€613,081
Financial health
46 Fair Checked score 2024
Bankruptcy chance 12 m
4.1%
Structure
Board
1 member
Holdings
1
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESAccounts 63 d overdue3 of 41 deeds read
Why 46- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 105 days late; 3 of the last 3 late- Loss of €613,081, the second in a row (FY 2024)+ Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63)Show the evidence

Checked score

Score 2024
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 16% of its sector peers (NACE 63, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 0=
equity -111.4% of total assets
Liquidity 11+2
short-term debt 180.1% · cash 8.9%
Profitability 0=
return on assets -24.9%
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (178 companies)
Last 12 months 11-2025: 3.8% 12-2025: 3.7%▼ -2.8% vs 11-2025lowest value 01-2026: 3.7%● 0.0% vs 12-2025lowest value 02-2026: 3.7%▲ +1.4% vs 01-2026 03-2026: 4.1%▲ +8.5% vs 02-2026 04-2026: 4.1%● 0.0% vs 03-2026 05-2026: 4.1%▲ +0.2% vs 04-2026 06-2026: 4.1%▲ +1.2% vs 05-2026 07-2026: 4.2%▲ +3.2% vs 06-2026 08-2026: 4.1%▼ -4.3% vs 07-2026 09-2026: 4.8%▲ +18.1% vs 08-2026highest value 10-2026: 4.1%▼ -14.2% vs 09-2026
  • Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63) lowers the probability
  • 1 change of registered office in 24 months raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 105 days late; 3 of the last 3 late raises the probability
  • Loss of €613,081, the second in a row (FY 2024) raises the probability
No credit on open account
Liquidity short (current ratio 0.55 against 0.68 in 2023; short-term debt: 180.1% and cash: 8.9% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 63, small). Better than this share of them on solvency 2%, liquidity 7%, profitability 4%, growth against the median 51%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 105 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Loss of €613,081, the second in a row (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€2.7m
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-11-2025, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
105 d late
2023
91 d late
2022
141 d late
2021
73 d early
2020
23 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Bert Kegels
  2. Appointment: Tamas Biro-Morgenstern (director)State Gazette act
  3. Registered officeRegistered-office move

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€2.7m View
  • Caution: Among the weakest 5% on solvencysector median 48.7% · 480 companies -111.4% View
  • Positive: Result rose in 2024from -€5.2m to -€613,081 ▲ 88.3% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€613,081 View
  • New directorlatest change 10-08-2026 · 1 in office 1 joined View

By topic

Financials

Fiscal year
2024
Turnover
€2.4m
Loss
-€613,081
Solvency
-111.4%
Turnover▲ 33.0%
Net result
20222024
Go to Financials

Timeline

Events
19
Since
2016
  1. 01-10-2026Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)
  2. 11-09-2026Appointment: Tamas Biro-Morgenstern (director)
  3. 10-08-2026Registered office
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Computing infrastructure, data processing, hosting and related activitiesNACE 63100
Founded
17-01-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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