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AUGNITION

Active
Public limited companyfounded 2014active for 12 yearsGroeneweg 17, 9320 Aalst, Belgium149 active companies are registered at this addressKBO/BCE: BE 0544.467.235
Summary

The computed 12-month bankruptcy probability of AUGNITION is 2.0% (moderate). The 2025 annual accounts show equity of €2.5m and a net result of -€405,522. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 71% of 1,677 sector peers (NACE 62, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).

Overview

Activity
Computer programming
NACE 62100
5th largest company by total assets in Aalst, Telecoms and IT sector1 site
Size
€4.2mtotal assets 2025
Staff
7.2 FTE
Equity
€2.5m
Loss
-€405,522
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Parent
SymphonyAI Proceedix Holding · 100%
  • Benoit QuestDirector
  • Stichting SymphonyAl LLCDirector · permanent representative Jim Emerich
  • SymphonyAl LLCDirector · permanent representative James Emerich
2025 accounts 42 days early3 of 15 deeds summarised
Why 53raises riskLoss of €405,522, the second in a row (financial year 2025)1 change of registered office in 24 monthsEx-officio strike-off in the KBOlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 30% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Average
Solvency 84-11
equity 59.0% of total assets
Liquidity 41-7
short-term debt 37.1% · cash 6.6%
Profitability 57+7
return on assets -9.6%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,883 companies, NACE 62, micro)
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 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.2 percentage points vs 09-2025 11-2025: 1.6%▲ +1.1 percentage points vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 3.0%▲ +1.4 percentage points vs 12-2025 02-2026: 3.0%● unchanged vs 01-2026 03-2026: 3.0%● unchanged vs 02-2026 04-2026: 3.0%● unchanged vs 03-2026highest value 05-2026: 2.9%▼ -0.1 percentage points vs 04-2026 06-2026: 3.0%▲ +0.1 percentage points vs 05-2026 07-2026: 2.7%▼ -0.3 percentage points vs 06-2026 08-2026: 2.4%▼ -0.3 percentage points vs 07-2026 09-2026: 3.0%▲ +0.6 percentage points vs 08-2026 10-2026: 2.0%▼ -1.0 percentage point vs 09-2026
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.43, compared with 2.49 in 2024, below the usual 1.5; short-term debt: 37.1% and cash: 6.6% of total assets), and 41% of the assets are financed with debt and provisions.
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 62, micro): better than 51% on solvency, 17% on liquidity, 23% on profitability and 28% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Loss of €405,522, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€405,522
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
61 days late
2023
2 days early
2022
7 days early
2021
27 days early
2020
5 days early
2019
62 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. MiscellaneousPower of attorney · Declaration
  2. Annual accounts filedfinancial year 2025 · full…
  3. Address strikeout annulledKBO administration

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€405,522 View
  • Caution: Among the weakest 10% on net resultsector median €35,802 · 1,679 companies -€405,522 View
  • Caution: Staff fell in 2025from 14.3 FTE to 7.2 FTE ▼ 49.7% View
  • Controlled by SymphonyAI Proceedix Holding 100% View
  • Flemish supportawarded from 2022 to 2025 €114,951 View

By topic

Financials

Financial year
2025
Total assets
€4.2m
Loss
-€405,522
Solvency
59.0%
Total assets▲ 2.4%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
SymphonyAI Proceedix Holding · 100%
  • Benoit QuestDirector
  • Stichting SymphonyAl LLCDirector
  • SymphonyAl LLCDirector
Go to Board & ownership

Timeline

Events
21
Since
2015
Next accounts
by 31-07-2027
  1. 22-12-2025Address struck
  2. 21-10-2025Permanent representatives: James Emerich and Ravi Narula
  3. 30-09-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Computer programmingNACE 62100
Founded
10-01-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about AUGNITION

What is the company number of AUGNITION?
0544.467.235. In Belgium the VAT number is the company number with BE in front: BE 0544.467.235.
Where is AUGNITION based?
The registered office is at Groeneweg 17, 9320 Aalst.Company details
What does AUGNITION do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of AUGNITION?
Public limited company (NV).
When was AUGNITION founded?
On 10-01-2014.
Is AUGNITION still active?
Yes, AUGNITION is an active enterprise in the KBO register.
How many employees does AUGNITION have?
On average 7.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of AUGNITION?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is AUGNITION profitable?
In financial year 2025, AUGNITION made a loss of €405,522.
Where can I find the annual accounts of AUGNITION?
AUGNITION filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AUGNITION due?
By 31-07-2027, for financial year 2026.Timeline

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