Financials
- Fiscal year
- 2024
- Total assets
- €29.4m
- Profit
- €564,261
- Solvency
- 1.8%
LO²CUS Gent
ActiveSummary
LO²CUS Gent has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €532,347 and a net result of €564,261. Its solvency ranks better than 18% of 227 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Scientific research and development
NACE 72200
1 site
Size
€29.4mtotal assets 2024
- Staff
- 1 FTE
- Equity
- €532,347
- Profit
- €564,261
Turnover not published (abridged schema)
Structure
Accounts 67 d overdue0 of 7 deeds read
Why 91- Figures for FY 2024 (filed 08-09-2025)- Liquidity: current ratio 1.28, cash €548,829+ Legal form Non-profit association+ Size: 1 FTE, total assets €29.4mShow the evidence
Checked score
Score 2024
91
/ 100
Excellent
Probability in this band: under 0.55%
Better than 34% of its sector peers (NACE 72, micro)
Performance against the sector, not lower risk
Financial strength
Average
Solvency
27
equity 1.8% of total assets
Liquidity
52
short-term debt 8.3% · cash 1.9%
Profitability
71
return on assets 1.9%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● 0.0% vs 11-2024
01-2025: < 0.1%● 0.0% vs 12-2024
02-2025: < 0.1%● 0.0% vs 01-2025
03-2025: < 0.1%● 0.0% vs 02-2025
04-2025: < 0.1%● 0.0% vs 03-2025
05-2025: < 0.1%● 0.0% vs 04-2025
06-2025: < 0.1%● 0.0% vs 05-2025
07-2025: < 0.1%● 0.0% vs 06-2025
08-2025: < 0.1%● 0.0% vs 07-2025
09-2025: < 0.1%● 0.0% vs 08-2025
10-2025: < 0.1%▲ +6.8% vs 09-2025
11-2025: < 0.1%● 0.0% vs 10-2025
12-2025: < 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%● 0.0% vs 12-2025
02-2026: < 0.1%● 0.0% vs 01-2026
03-2026: < 0.1%● 0.0% vs 02-2026
04-2026: < 0.1%▼ -14.9% vs 03-2026lowest value
05-2026: < 0.1%● 0.0% vs 04-2026lowest value
06-2026: < 0.1%▲ +5.0% vs 05-2026
07-2026: < 0.1%▲ +2.4% vs 06-2026
08-2026: < 0.1%▲ +9.3% vs 07-2026
09-2026: 0.1%▲ +19.1% vs 08-2026
10-2026: 0.1%▲ +89.3% vs 09-2026highest value
- Legal form Non-profit association lowers the probability
- Figures for FY 2024 (filed 08-09-2025) raises the probability
- Liquidity: current ratio 1.28, cash €548,829 raises the probability
- Size: 1 FTE, total assets €29.4m lowers the probability for this profile
Credit up to €45,000 at 30 days acceptable
Liquidity tight (current ratio 1.28; short-term debt: 8.3% and cash: 1.9% of total assets), and 98.2% of the assets are financed with debt.
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 72, micro). Better than this share of them on solvency 18%, liquidity 37%, profitability 46%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. 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○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 227 sector peers (2024).
NBB · sector comparisonPosition among 227 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-09-2025, 36 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
36 d late
2016
66 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2016 · abbreviated…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2017
- 05-09-2025Annual accounts filed
- 26-05-2017Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Non-profit association
- Activity
- Scientific research and developmentNACE 72200
- Founded
- 13-11-2015
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark Is the workforce growing, and do people stay?Employer check
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