Skip to content

Advanced incubation platform

Active
Public limited companyfounded 1988active for 38 yearsRijvisschestraat 118, 9052 Gent, BelgiumKBO/BCE: BE 0434.710.448
Summary

Advanced incubation platform has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.5m and a net result of €154,406. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 64% of 2,298 sector peers (NACE 82, financial year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Other business support services
NACE 82990Business and other management consultancy NACE 70200
1 site
Size
€7.6mtotal assets 2024
Staff
8.7 FTE
Equity
€4.5m
Profit
€154,406
Turnover not published (abbreviated format)
Financial health
64 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Holdings
2
Accounts 71 days overdue0 of 5 deeds read
Why 64raises riskFigures for financial year 2024 (filed 27-08-2025)Liquidity: current ratio 0.54, cash €2,615, halvedlowers riskFounded in 1988Sector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 38% of its sector peers (NACE 82, micro)
Financial strength · tick = 2023
Average
Solvency 85+3
equity 60.2% of total assets
Liquidity 33-2
short-term debt 38.0% · cash 0.0%
Profitability 53-20
return on assets 2.0%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,610 companies, NACE 82, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%▼ -0.2 percentage points vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 1.3%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €290,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.54, compared with 0.58 in 2023; short-term debt: 38% and cash: 0% of total assets), and 39.8% 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 82, micro): better than 60% on solvency, 18% on liquidity, 28% on profitability and 47% on growth.

The bankruptcy probability was computed on 09-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 27-08-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.54, cash €2,615, halved
NBB · annual accounts
lowers risk · Founded in 1988
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
21 days late
2023
on the day
2022
on the day
2021
120 days late
2020
122 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 64 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Positive: Among the best 10% on equitysector median €341,931 · 2,299 companies €4.5m View
  • Caution: Result fell in 2024from €252,268 to €154,406 ▼ 38.8% View
  • Positive: 5 profitable years in a rowprofit 2024: €154,406 5 years View

By topic

Financials

Financial year
2024
Total assets
€7.6m
Profit
€154,406
Solvency
60.2%
Total assets▼ 2.3%
Net result
20182024
Go to Financials

Timeline

Events
38
Since
1990
  1. 28-11-2022Annual accounts filed
  2. 30-11-2021Annual accounts filed
  3. 31-12-2020Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other business support servicesNACE 82990
Founded
24-06-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.