ACTIVE

AUGNITION

Financial year 2025 · closed on 31/12/2025
Net result
-405,5 k €
+49.3% YoY
Gross margin
1,6 M €
-9.4% YoY
Equity
2,5 M €
-14.0% YoY
Workforce
7,2 ETP
-49.7% YoY

What does AUGNITION do?

AUGNITION is a Public limited company incorporated in 2014. Its main activity is: Computer programming activities. Its registered office is in Aalst. It employs on average 7,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0544.467.235
Incorporation
10/01/2014
Legal form
Public limited company
Registered office
Groeneweg 17
9320 Aalst · FlandreSee on map
Contributed capital
4 173 117,77 €
Latest accounts
31/12/2025
Average workforce
7,2 ETP
Joint committees (1)
  • 227
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin1,6 M €1,8 M €2 M €1,8 M €1,3 M €1,1 M €916,8 k €358,6 k €53,8 k €76,5 k €-17,2 k €-21,3 k €
EBITDA881,3 k €445,8 k €774,3 k €772,7 k €453,7 k €378,4 k €321,9 k €-102,3 k €-160 k €-8,5 k €-18 k €-21,6 k €
Operating result-424,9 k €-802,2 k €-274 k €45,1 k €-88,1 k €-48,8 k €-54,9 k €-434,7 k €-449,1 k €-235,9 k €-109,7 k €-42,8 k €
Net result-405,5 k €-799,4 k €-301,6 k €57,1 k €-141,8 k €-90,8 k €-63 k €-449,2 k €-463,5 k €-236,8 k €-109,8 k €-42,8 k €
Balance sheet
Equity2,5 M €2,9 M €3,7 M €4 M €1,1 M €1,2 M €1,3 M €1,4 M €1,8 M €-327,4 k €-90,6 k €19,2 k €
Total assets4,2 M €4,1 M €4,6 M €4,7 M €5,6 M €3,6 M €2,3 M €2,1 M €2,4 M €519 k €465,2 k €127,3 k €
Cash277,1 k €144,5 k €376,3 k €894 k €1,9 M €969,1 k €373,5 k €872,2 k €1,6 M €132,5 k €69,5 k €14,7 k €
Debts1,6 M €801,1 k €346 k €396,8 k €4,3 M €2,3 M €763 k €741,1 k €562,7 k €846,4 k €555,8 k €108,1 k €
Other
Workforce7,2 ETP14,3 ETP23,9 ETP15,6 ETP12,7 ETP10,2 ETP9,4 ETP8,0 ETP4,0 ETP1,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 32 ended

Active mandates

Benoit Quest

Director · since 01 juin 2024 · until 01 juin 2030

Active
SymphonyAI LLC

Director · since 01 juin 2024 · until 01 juin 2030 · 1027.651.553

Represented by Ravi Narula

Active

Ended mandates

Benoit Quest

Director · since 01 juin 2024

Ended
SymphonyAI LLC BO

Director · since 01 juin 2024 · until 01 juin 2030 · 0777.956.133

Represented by Ravi Narula

Ended
SymphonyAI Proceedix Holdings LLC BO

Director · since 01 juin 2024 · 0777.956.133

Represented by James Emerich

Ended
Peter Verstraeten

Chairman of the board of directors · since 24 juin 2022 · until 01 juin 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/06/202630/09/202529/07/202424/07/202304/07/202226/07/2021
General meeting29/05/202625/09/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202619/06/2026DutchPDF
Abridged model31/12/202425/09/202530/09/2025DutchPDF
Abridged model31/12/202328/06/202429/07/2024DutchPDF
Abridged model31/12/202230/06/202324/07/2023DutchPDF
Abridged model31/12/202124/06/202204/07/2022DutchPDF
Abridged model31/12/202025/06/202126/07/2021DutchPDF
Abridged model31/12/201904/09/202001/10/2020DutchPDF
Abridged model31/12/201823/07/201923/07/2019DutchPDF
Abridged model31/12/201729/06/201816/07/2018DutchPDF
Abridged model31/12/201630/06/201728/07/2017DutchPDF
Abridged model31/12/201524/06/201629/08/2016DutchPDF
Abridged model31/12/201430/06/201529/07/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 32 ended

Active mandates

Benoit Quest

Director · since 01 juin 2024 · until 01 juin 2030

Active
SymphonyAI LLC

Director · since 01 juin 2024 · until 01 juin 2030 · 1027.651.553

Represented by Ravi Narula

Active

Ended mandates

Benoit Quest

Director · since 01 juin 2024

Ended
SymphonyAI LLC BO

Director · since 01 juin 2024 · until 01 juin 2030 · 0777.956.133

Represented by Ravi Narula

Ended
SymphonyAI Proceedix Holdings LLC BO

Director · since 01 juin 2024 · 0777.956.133

Represented by James Emerich

Ended
Peter Verstraeten

Chairman of the board of directors · since 24 juin 2022 · until 01 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other26/06/2026
    DIVERSEN
    PDF
  • Mandates21/10/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates25/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/07/2022
    KAPITAAL - AANDELEN
    PDF
  • Registered office07/04/2022
    MAATSCHAPPELIJKE ZETEL - DIVERSEN
    PDF
  • Mandates01/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-405,5 k €
  2. 2024
    Annual accounts 2024-799,4 k €
  3. 2023
    Annual accounts 2023-301,6 k €
  4. 2022
    Annual accounts 202257,1 k €
  5. 2021
    Annual accounts 2021-141,8 k €
  6. 2020
    Annual accounts 2020-90,8 k €
  7. 2019
    Annual accounts 2019-63 k €
  8. 2018
    Annual accounts 2018-449,2 k €
  9. 2017
    Annual accounts 2017-463,5 k €
  10. 2016
    Annual accounts 2016-236,8 k €
  11. 2015
    Annual accounts 2015-109,8 k €
  12. 2014
    Annual accounts 2014-42,8 k €
  13. 10/01/2014
    IncorporationPublic limited company