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IGINDO

Active
Private limited companyfounded 201115 yrs activeKlein Waterstraat 86, 2970 Schilde, BelgiumKBO/BCE: BE 0832.550.901

IGINDO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261k and a net result of €101k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 73% of 16922 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
98 / 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.27 against 12.39 in 2024), and 21% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79%
Return on assets
30.7%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
30 d early
2023
8 d early
2022
5 d early
2021
32 d early
2020
25 d late
2019
68 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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€261k▼ 4.7%
2024 · €274k
2018: €79k 2019: €82k 2020: €118k 2021: €177k 2022: €200k 2023: €200k 2024: €274k
2018 → 2025
Total assets
€331k▲ 11.9%
2024 · €295k
2018: €96k 2019: €149k 2020: €186k 2021: €232k 2022: €225k 2023: €237k 2024: €295k
2018 → 2025
Net result
€101k▲ 14.9%
2024 · €88k
2018: €2k 2019: €3k 2020: €53k 2021: €59k 2022: €63k 2023: €77k 2024: €88k
2018 → 2025
Working capital
€225k▼ 6.3%
2024 · €240k
2018: €38k 2019: €66k 2020: €82k 2021: €142k 2022: €162k 2023: €158k 2024: €240k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€177k-€200k▲ 13.3%€200k=€274k▲ 36.8%€261k▼ 4.7%
Operating result€82k-€86k▲ 5.3%€96k▲ 11.5%€125k▲ 30.3%€142k▲ 14.2%
Net result€59k-€63k▲ 7.2%€77k▲ 20.5%€88k▲ 15.4%€101k▲ 14.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €82k€82kNet result 2021: €59k€59kOperating result 2022: €86k€86kNet result 2022: €63k€63kOperating result 2023: €96k€96kNet result 2023: €77k€77kOperating result 2024: €125k€125kNet result 2024: €88k€88kOperating result 2025: €142k€142kNet result 2025: €101k€101k20212022202320242025
The operating result has risen four years in a row; 2025 is 14% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €331k
Fixed assets €37k▲ 7.7%
Current assets €294k▲ 12.5%
Equity and liabilities €331k
Equity €261k▼ 4.7%
Debt €69k▲ 227%
The debt ratio rises from 7.2% to 21.0%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€153k
2024 · €135k
Cash flow
€112k
2024 · €98k
Solvency
79.0%
2024 · 92.8%
Current ratio
4.27
2024 · 12.39
Quick ratio
4.27
2024 · 12.39
Debt / equity
0.27
2024 · 0.08
ROE
38.8%
2024 · 32.2%
ROA
30.7%
2024 · 29.9%
Interest coverage
38.34
2024 · 39.63
Debt
€69k
2024 · €21k
Debt ≤ 1 year
€69k
2024 · €21k
Income taxes
€44k
2024 · €39k
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€295k€331k
Fixed assets21/28€34k€37k
Tangible fixed assets22/27€34k€37k
Furniture and vehicles24€5k€10k
Other tangible fixed assets26€29k€26k
Current assets29/58€261k€294k
Amounts receivable within one year40/41€172k€169k
Trade receivables40€36k€74k
Other amounts receivable41€137k€95k
Current investments50/53€29k€35k
Cash at bank and in hand54/58€57k€88k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€295k€331k
Equity10/15€274k€261k
Contributions10/11€6k€6k=
Reserves13€268k€255k
Distributable reserves133€268k€255k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€21k€69k
Amounts payable within one year42/48€21k€69k
Current portion of amounts payable after more than one year42€2k€14k
Trade debts44€6k€32k
Suppliers440/4€6k€32k
Taxes, remuneration and social security45€14k€23k
Taxes450/3€14k€23k
Accrued charges and deferred income492/3€142€515
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k
Other operating charges640/8€763€597
Gross operating margin9900€135k€154k
Operating profit (loss)9901€125k€142k
Financial income75/76B€6k€7k
Recurring financial income75€6k€7k
Financial charges65/66B€3k€4k
Recurring financial charges65€3k€4k
Profit (loss) for the period before taxes9903€127k€146k
Income taxes67/77€39k€44k
Profit (loss) for the period9904€88k€101k
Profit (loss) for the period to be appropriated9905€88k€101k
Appropriation of the result
Profit (loss) to be appropriated9906€88k€101k
Transfer from equity791/2€15k€114k
Transfer to equity691/2€88k€101k
To other reserves6921€88k€101k
Profit to be distributed694/7€15k€114k
Return on contributions (dividend)694€15k€114k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €101k ▲14.9%
Operating result €142k, net result €101k, both a record.
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity doublescurrent ratio 12.39
Current ratio from 5.37 to 12.39; short-term debt falls from €36k to €21k.
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity doublescurrent ratio 7.64
Current ratio from 3.63 to 7.64; short-term debt falls from €54k to €24k.
31-12
Financial Equity above €200kEq €200k ▲13.3%
5 profitable years in a row build equity to €200k.
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €150kEq €177k ▲50.3%
4 profitable years in a row build equity to €177k.
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial Equity above €100kEq €118k ▲43.6%
3 profitable years in a row build equity to €118k.
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
07-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Schilde · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Klein Waterstraat 862970 Schilde
Ground area
2,014 m²
Building footprint
285 m²
Volume, LiDAR
1,477 m³
Parcel 11039A0501/00F005, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Igindo
Klein Waterstraat 86, 2970 SchildeRetail trade
since 20112.195.378.630
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11039A0501/00F005 Flanders 2,014 m² 1 · 285 m² 8.2 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.

Similar companies · same sector, comparable size

Of 29,885 companies in sector 62200 we hold annual accounts for 18,322. 14,047 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-01-2011
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:000000000
Establishment Schilde 2.195.378.630