Lower solvency than 95% of companies in research and development. Sector median 59.8% · 666 companies.
Turnover not published (micro format)
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 7,654 companies had the same profile as Livegrid has now. Each dot stands for 20 companies, two years later.
84.6%
were still trading
5.8%
stopped another way
8.8%
went bankrupt
Micro
2 to 5 years old
negative equity
a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
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%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,654 companies, not a prediction for Livegrid. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Incorporation
Founding capital of €100, 10,000 shares · Founder: Name after signing inVisible after signing in (sole founder) · Appointment: Name hiddenVisible after signing in (director) · published on 11-09-2023 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
This company has the same main activity as Livegrid: other research and development on natural sciences (NACE 72109). It is smaller than Livegrid: total assets of €4, founded in 2009.
Livegrid has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,157) and a net result of -€68.
Its solvency ranks better than 5% of 666 sector peers (NACE 72, financial year 2025).
micro format, filed on 27-07-2026, 4 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
-6
-
-1,157
-
0 days
-
The ratios are withheld because a balance sheet total of €16 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on Livegrid
The operating result for 2025 is a loss of €34, smaller than the loss of €1,189 in 2024.
Equity is negative. Debt (€1,173) exceeds the balance-sheet total (€16).
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
1 director, since incorporation
Hidden nameVisible after signing in
Director (not named in the articles)
appointed by deed of 11-09-2023term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Onverminderd de algemene vertegenwoordigings-macht van het bestuursorgaan als college - voor zover dit werd ingericht door de algemene…”
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
1 name, the dashed line is today
202320242025202620272028
Name after signing inVisible after signing in Director (not named in the articles)
Board
Mandates as a list
Name hiddenVisible after signing in
Director (not named in the articles), appointed by deed of 11-09-2023, still in office
Hidden nameVisible after signing in10,000 shares (100%) · €100
Network & group
No group
Livegrid has no parent and no holdings in its annual accounts. Name after signing inVisible after signing in is the only director. Livegrid shares no director with another company.
At the same address
At the same address
These companies are registered at the seat of Livegrid today. That says who is based there, not who owns the building.
IncorporationFounding capital of €100, 10,000 shares · Founder: Hidden nameVisible after signing in (sole founder) · Appointment: Name after signing inVisible after signing in (director) · published on 11-09-20233 points ▸
Founder, Name hiddenVisible after signing in (sole founder)
Founding capital, €100, 10,000 shares
Director appointment, Hidden nameVisible after signing in (director (not named in the articles))
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 7 September 2023, Livegrid was incorporated as a private limited company by one natural person, with a starting capital of €100.12Name hiddenVisible after signing in is director of the company, appointed by deed of 11-09-2023.2The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
72190Scientific research and development main activity
68100Real estate activities
68201Real estate activities
68203Real estate rental
74909Other professional, scientific and technical activities
82990Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Onderzoek en ontwikkeling van nieuwe technologieën, uitvindingen, concepten, modellen, ontwerpen, handleidingen en protocollen, en de…”
10 activities
Onderzoek en ontwikkeling van nieuwe technologieën, uitvindingen, concepten, modellen, ontwerpen, handleidingen en protocollen, en de bescherming ervan door patenten, handelsmerken en auteursrechten.
Nieuwe technologieën en uitvindingen in eigen beheer produceren of uitbesteden.
Het verlenen van adviesdiensten aan bedrijven en particulieren.
Het aanbieden van laboratorium- en contractonderzoeksdiensten op het gebied van de natuurwetenschappen en bio-ingenieurswetenschappen.
Organisatie van seminars, trainingen, teambuilding en andere evenementen, beurzen en andere manifestaties.
Ontwikkeling, handel, aankoop, verkoop van biomedische en wetenschappelijke apparaten en instrumenten, software, firmware, bio-engineeringtechnieken en aanverwante technologische toepassingen of kennis.
Samenwerken met onderwijsinstellingen en bedrijven in binnen- en buitenland om wetenschappelijk onderzoek uit te voeren naar bovengenoemde producten en technieken.
Het ontwikkelen, kopen en verkopen van patenten en andere intellectuele eigendomsrechten gerelateerd aan bovengenoemde producten en technieken.
Het geven en ontvangen van royalty's.
Het aanleggen, uitbouwen, beheren en valoriseren van een roerend en/of onroerend patrimonium.