2INGIS
ActiveSummary
2INGIS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €456,099 and a net result of -€47,005. Equity is shrinking by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 118 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▼-11
Solvency97▲+27
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 1.52 against 0.86 in 2024; short-term debt: 28.1% and cash: 0.9% of total assets), and 28.1% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.9%
Return on assets
-7.4%
Age of the figures
18 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €456,099
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
107 d early
2023
32 d early
2022
28 d early
2021
41 d early
2020
18 d late
2019
91 d early
← 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 45 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€47,005
2024 · €6,066
Working capital
€92,168
2024 · -€40,050
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,297-€31,342-€57,679▼ 84.0%€7,563-€45,977
Net result€23,341-€33,766-€62,231▼ 84.3%€6,066-€47,005
Equity€341,697▲ 4.9%€303,575▼ 11.2%€236,988▼ 21.9%€243,054▲ 2.6%€456,099▲ 87.7%
Total assets€584,575▼ 3.9%€595,206▲ 1.8%€572,673▼ 3.8%€536,134▼ 6.4%€634,065▲ 18.3%
Debt€242,878▼ 14.1%€291,631▲ 20.1%€335,685▲ 15.1%€293,080▼ 12.7%€177,965▼ 39.3%
Working capital€91,016▲ 519%€64,012▼ 29.7%€22,223▼ 65.3%-€40,050€92,168
Staff (FTE)1.8▼ 21.7%1.3▼ 27.8%1.4▲ 7.7%1.5▲ 7.1%3.5▲ 133%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €45,977 after €7,563 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €634,065
Fixed assets
€363,931 ▲ 28.6%
Current assets
€270,134 ▲ 6.8%
Equity and liabilities €634,065
Equity
€456,099 ▲ 87.7%
Debt
€177,965 ▼ 39.3%
Debt's share of the balance-sheet total falls from 54.7% to 28.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44,920▼
2024 · €101,036
Cash flow
€43,892▼
2024 · €99,539
Current ratio
1.52▲
2024 · 0.86
Quick ratio
0.91▲
2024 · 0.54
Debt to equity
0.39▼
2024 · 1.21
ROE
-10.3%▼
2024 · 2.5%
ROA
-7.4%▼
2024 · 1.1%
Interest coverage
47.51▼
2024 · 79.61
Debt ≤ 1 year
€177,965▼
2024 · €293,080
Income taxes
€91▼
2024 · €229
Staff costs
€92,579▲
2024 · €65,781
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €52,103 | €65,427 | €65,781 | €92,579 | ▲ 40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €131,439 | €113,908 | €106,903 | €93,473 | €90,897 | ▼ 2.8% |
| Other operating charges640/8 | - | €736 | €2,669 | €738 | €1,153 | ▲ 56.2% |
| Gross operating margin9900 | €206,938 | €135,405 | €117,319 | €167,555 | €138,652 | ▼ 17.2% |
| Operating profit (loss)9901 | €22,297 | -€31,342 | -€57,679 | €7,563 | -€45,977 | ▼ 708% |
| Financial income75/76B | - | €4,418 | €4,359 | €2 | €9 | ▲ 391% |
| Recurring financial income75 | €7,581 | €4,418 | €4,359 | €2 | €9 | ▲ 391% |
| Financial charges65/66B | - | €6,694 | €8,711 | €1,269 | €946 | ▼ 25.5% |
| Recurring financial charges65 | €6,389 | €6,694 | €8,711 | €1,269 | €946 | ▼ 25.5% |
| Profit (loss) for the period before taxes9903 | €23,489 | -€33,618 | -€62,031 | €6,296 | -€46,914 | ▼ 845% |
| Income taxes67/77 | €147 | €148 | €200 | €229 | €91 | ▼ 60.3% |
| Profit (loss) for the period9904 | €23,341 | -€33,766 | -€62,231 | €6,066 | -€47,005 | ▼ 875% |
| Profit (loss) for the period to be appropriated9905 | €23,341 | -€33,766 | -€62,231 | €6,066 | -€47,005 | ▼ 875% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €584,575 | €595,206 | €572,673 | €536,134 | €634,065 | ▲ 18.3% |
| Fixed assets21/28 | €317,148 | €312,527 | €296,224 | €283,104 | €363,931 | ▲ 28.6% |
| Intangible fixed assets21 | €308,814 | €305,289 | €286,479 | €272,533 | €352,148 | ▲ 29.2% |
| Tangible fixed assets22/27 | €7,835 | €6,738 | €9,245 | €10,071 | €11,283 | ▲ 12.0% |
| Plant, machinery and equipment23 | - | €6,738 | €5,597 | €5,363 | €4,035 | ▼ 24.8% |
| Furniture and vehicles24 | - | - | €3,648 | €4,708 | €7,248 | ▲ 53.9% |
| Other tangible fixed assets26 | - | - | - | - | €0 | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €267,427 | €282,679 | €276,449 | €253,030 | €270,134 | ▲ 6.8% |
| Stocks and contracts in progress3 | €112,567 | €119,122 | €117,148 | €93,365 | €108,141 | ▲ 15.8% |
| Stocks30/36 | - | €119,122 | €117,148 | €93,365 | €108,141 | ▲ 15.8% |
| Amounts receivable within one year40/41 | €135,880 | €156,808 | €152,969 | €157,179 | €153,767 | ▼ 2.2% |
| Trade receivables40 | - | €151,723 | €152,969 | €156,884 | €152,979 | ▼ 2.5% |
| Other amounts receivable41 | - | €5,085 | - | €295 | €788 | ▲ 167% |
| Cash at bank and in hand54/58 | €16,126 | €4,099 | €4,722 | €1,696 | €5,959 | ▲ 251% |
| Deferred charges and accrued income490/1 | - | €2,651 | €1,611 | €791 | €2,266 | ▲ 187% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €584,575 | €595,206 | €572,673 | €536,134 | €634,065 | ▲ 18.3% |
| Equity10/15 | €341,697 | €303,575 | €236,988 | €243,054 | €456,099 | ▲ 87.7% |
| Contributions10/11 | €759,859 | €1.2m | €1.2m | €1.2m | €663,499 | ▼ 44.9% |
| Capital10 | - | €759,859 | €759,859 | €759,859 | €663,499 | ▼ 12.7% |
| Issued capital100 | - | €759,859 | €759,859 | €759,859 | €663,499 | ▼ 12.7% |
| Outside capital11 | - | €443,590 | €443,590 | €443,590 | - | - |
| Share premium1100/10 | - | €443,590 | €443,590 | €443,590 | - | - |
| Profit (loss) carried forward14 | -€870,464 | -€904,230 | -€966,461 | -€960,395 | -€207,400 | ▲ 78.4% |
| Investment grants15 | - | €4,356 | - | - | - | - |
| Amounts payable17/49 | €242,878 | €291,631 | €335,685 | €293,080 | €177,965 | ▼ 39.3% |
| Amounts payable within one year42/48 | €176,410 | €218,667 | €254,227 | €293,080 | €177,965 | ▼ 39.3% |
| Trade debts44 | €24,864 | €33,948 | €42,945 | €17,502 | €48,659 | ▲ 178% |
| Suppliers440/4 | - | €33,948 | €42,945 | €17,502 | €48,659 | ▲ 178% |
| Taxes, remuneration and social security45 | - | €11,500 | €20,063 | €14,273 | €18,052 | ▲ 26.5% |
| Taxes450/3 | - | €1,102 | €3,124 | €923 | €1,091 | ▲ 18.2% |
| Remuneration and social security454/9 | - | €10,398 | €16,939 | €13,350 | €16,961 | ▲ 27.0% |
| Other amounts payable47/48 | - | €173,219 | €191,219 | €261,304 | €111,254 | ▼ 57.4% |
| Accrued charges and deferred income492/3 | - | €72,964 | €81,459 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,341 | -€33,766 | -€62,231 | €6,066 | -€47,005 | ▼ 875% |
| + Depreciation and write-downs630 | €131,439 | €113,908 | €106,903 | €93,473 | €90,897 | ▼ 2.8% |
| Operating cash flow (approximation) | €154,780 | €80,142 | €44,672 | €99,539 | €43,892 | ▼ 55.9% |
| Investment in fixed assets (approximation) | - | -€109,286 | -€90,600 | -€80,353 | -€171,724 | ▼ 114% |
| Change in cash | - | -€12,027 | €622 | -€3,025 | €4,263 | ▲ 241% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Back to profitnet €6,066
Net result €6,066 after 2 loss-making years.
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Back to profitnet €23,341
Net result €23,341 after 2 loss-making years.
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
31-03
Financial
Weakest financial yearnet -€106,752
Net result drops to -€106,752, the lowest in the series; recovery starts the following year.
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1991
Ground area
1.5 ha
Building footprint
1,046 m²
Volume, LiDAR
14,004 m³
Parcel 21819B0053/00K002, Brussels · tallest building 22.1 m, ±5 floors. Linked by address, not a title deed.
24
companies at this address
See who is registered here
1 establishment unit
Ransbeekstraat 230, 1120 Brussel
since 19912.053.448.329
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819B0053/00K002 | Brussels | 1.5 ha | 1 · 1,046 m² | 22.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 ownersOwners 2
-
0.83%
-
0.8%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 1,248 companies in sector 32500 we hold annual accounts for 694. 501 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-05-1991
Fiscal year end31-03
Activities, NACEBEL 2025
32500Manufacture of medical and dental instruments and supplies
86910Medical imaging and medical laboratories
Contact
Phone
027702780
E-invoicing
Reachable via Peppol
Peppol ID
0208:0444433511
Registered
05-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.