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SOUNDS LOGICAL CONCEPT

Active
Private limited companyfounded 2024active for 2 yearsTerkamerenlaan 33, 1000 Brussel, Belgium75 active companies are registered at this addressKBO/BCE: BE 1009.676.661
Summary

The computed 12-month bankruptcy probability of SOUNDS LOGICAL CONCEPT is 3.0% (moderate). The 2024 annual accounts show negative equity (-€962) and a net result of -€962. Its solvency ranks better than 15% of 19,148 sector peers (NACE 68, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Real estate agency activities
NACE 68310
1 site
Size
€20,056total assets 2024
Equity
-€962
Loss
-€962
Turnover not published (micro format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.0%
Structure
Accounts 5 days early0 of 1 deed read
Why 49raises riskFigures for financial year 2024 (filed 26-07-2025)Liquidity: current ratio 0.00, cash €56Founded in 2024lowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 68, micro)
Financial strength
Weak
Solvency 20
equity -4.8% of total assets
Liquidity 0
short-term debt 104.8% · cash 0.3%
Profitability 26
return on assets -4.8%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,579 companies, NACE 68, micro)
Last 24 months 06-2025: 0.7%lowest value 07-2025: 0.7%● unchanged vs 06-2025lowest value 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.1%▲ +0.1 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.2%▲ +0.1 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.3%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.4 percentage points vs 07-2026 09-2026: 2.0%▲ +0.3 percentage points vs 08-2026 10-2026: 3.0%▲ +1.0 percentage point vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.0, below 1; short-term debt: 104.8% and cash: 0.3% of total assets), and equity is negative.
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 68, micro): better than 16% on solvency, 3% on liquidity and 23% on profitability.

The bankruptcy probability was computed on 15-10-2026 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 riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 26-07-2025)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Liquidity: current ratio 0.00, cash €56
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-07-2025, 5 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 5 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Founder · IncorporationName clause · Registered office…
  2. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€962 View
  • Caution: Among the weakest 16% on solvencysector median 31.1% · 19,148 companies -4.8% View
  • Total assets 2024first financial year filed €20,056 View

By topic

Financials

Financial year
2024
Total assets
€20,056
Loss
-€962
Solvency
-4.8%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Real estate agency activitiesNACE 68310
Founded
24-05-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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