F. Ingels
ActiveF. Ingels has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €275k and a net result of €-6k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 57% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-2
Solvency88▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.59 in 2024; short-term debt: 8.2% and cash: 17.4% of total assets), and 37% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
22 d late
2023
29 d late
2022
on the day
2021
1 d early
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
2021 · €0
2018: €194k
2021: €0
2018 → 2022
EBIT margin
39.9%
Net result
€-6k▼ 176%
2024 · €-2k
2018: €56k
2019: €58k
2020: €87k
2021: €95k
2022: €29k
2023: €24k
2024: €-2k
2018 → 2025
Working capital
€42k▼ 26.6%
2024 · €58k
2018: €105k
2019: €-6k
2020: €77k
2021: €57k
2022: €85k
2023: €70k
2024: €58k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€0
Equity€417k-€447k▲ 7.0%€283k▼ 36.7%€281k▼ 0.8%€275k▼ 2.2%
Operating result€133k-€46k▼ 65.5%€39k▼ 15.1%€3k▼ 91.9%€-1k
Net result€95k-€29k▼ 68.9%€24k▼ 17.4%€-2k€-6k▼ 176%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €436k
Fixed assets
€358k▼ 6.3%
Current assets
€78k▼ 17.1%
Equity and liabilities €436k
Equity
€275k▼ 2.2%
Debt
€161k▼ 17.4%
The debt ratio falls from 41.0% to 37.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €27k
Cash flow
€18k▼
2024 · €22k
Solvency
63.0%▲
2024 · 59.0%
Current ratio
2.19▼
2024 · 2.59
Quick ratio
2.19▼
2024 · 2.59
Debt / equity
0.59▼
2024 · 0.70
ROE
-2.2%▼
2024 · -0.8%
ROA
-1.4%▼
2024 · -0.5%
Interest coverage
4.20▼
2024 · 4.32
Debt
€161k▼
2024 · €195k
Debt ≤ 1 year
€36k▼
2024 · €36k
Debt > 1 year
€122k▼
2024 · €156k
Income taxes
€188
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€476k€436k▼
Fixed assets21/28€382k€358k▼
Tangible fixed assets22/27€382k€358k▼
Land and buildings22€380k€357k▼
Plant, machinery and equipment23€1k€924▼
Furniture and vehicles24€83-
Other tangible fixed assets26€213€202▼
Current assets29/58€94k€78k▼
Amounts receivable within one year40/41€13k€2k▼
Trade receivables40€567-
Other amounts receivable41€12k€2k▼
Cash at bank and in hand54/58€81k€76k▼
Deferred charges and accrued income490/1€566€539▼
Equity and liabilities
Total equity and liabilities10/49€476k€436k▼
Equity10/15€281k€275k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€260k€254k▼
Amounts payable17/49€195k€161k▼
Amounts payable after more than one year17€156k€122k▼
Financial debts170/4€156k€122k▼
Amounts payable within one year42/48€36k€36k▼
Current portion of amounts payable after more than one year42€33k€34k▲
Trade debts44€271€20▼
Suppliers440/4€271€20▼
Other amounts payable47/48€3k€1k▼
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k▼
Other operating charges640/8€4k€4k=
Gross operating margin9900€31k€27k▼
Operating profit (loss)9901€3k€-1k▼
Financial income75/76B€1k€654▼
Recurring financial income75€1k€654▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€-2k€-6k▼
Income taxes67/77-€188
Profit (loss) for the period9904€-2k€-6k▼
Profit (loss) for the period to be appropriated9905€-2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€260k€254k▼
Profit (loss) brought forward from the previous period14P€262k€260k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €95k ▲9.1%
Operating result €133k, net result €95k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 2.22
Current ratio from 0.89 to 2.22.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €200kEq €236k ▲32.4%
2 profitable years in a row build equity to €236k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Boutersem · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Willebringsestraat 703370 BoutersemGround area
2,017 m²
Building footprint
158 m²
Volume, LiDAR
1,038 m³
Parcel 24131A0715/00G000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
F. Ingels
since 20132.221.266.940
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24131A0715/00G000 | Flanders | 2,017 m² | 1 · 158 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BIKAY IMMO
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HEDIC Consult
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TCS Invest
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 38,568 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-08-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
68201Renting and operating of own or leased residential real estate, excluding social housing
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.