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 (NACE 72, 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 68 days 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%
Financially better than 34% of its sector peers (NACE 72, micro)
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%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: 0.1%▲ +0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026highest value
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 follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 72, micro): better than 18% on solvency, 37% on liquidity and 46% on profitability.
The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−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 days late
2016
66 days 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
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
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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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