Skip to content

in.pa.re

Active
Private limited companyfounded 201313 yrs activeHeivelden 43, 2861 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0504.861.046

in.pa.re has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238k and a net result of €34k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
96 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 14.36 against 9.7 in 2024; short-term debt: 6% and cash: 81.2% of total assets), and 6.4% 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 70
Relative position
BE, all sectors
reference
Sector 70
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
93.6%
Return on assets
13.2%
Age of the figures
9 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 13 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 filings
Deviation from the deadline
2025
11 d late
2024
26 d late
2023
43 d early
2022
46 d early
2021
25 d early
2020
32 d early
2019
25 d early
← 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
21-09-2026 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
€238k▲ 7.7%
2024 · €221k
2018: €36k 2019: €53k 2020: €65k 2021: €130k 2022: €165k 2023: €203k 2024: €221k
2018 → 2025
Total assets
€254k▲ 4.8%
2024 · €243k
2018: €57k 2019: €100k 2020: €84k 2021: €176k 2022: €212k 2023: €241k 2024: €243k
2018 → 2025
Net result
€34k▲ 55.4%
2024 · €22k
2018: €7k 2019: €17k 2020: €11k 2021: €65k 2022: €35k 2023: €51k 2024: €22k
2018 → 2025
Working capital
€203k▲ 8.0%
2024 · €188k
2018: €31k 2019: €27k 2020: €45k 2021: €92k 2022: €119k 2023: €164k 2024: €188k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€130k-€165k▲ 27.1%€203k▲ 23.2%€221k▲ 9.0%€238k▲ 7.7%
Operating result€93k-€50k▼ 46.5%€71k▲ 43.3%€27k▼ 61.5%€45k▲ 66.2%
Net result€65k-€35k▼ 46.1%€51k▲ 45.3%€22k▼ 57.5%€34k▲ 55.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €93k€93kNet result 2021: €65k€65kOperating result 2022: €50k€50kNet result 2022: €35k€35kOperating result 2023: €71k€71kNet result 2023: €51k€51kOperating result 2024: €27k€27kNet result 2024: €22k€22kOperating result 2025: €45k€45kNet result 2025: €34k€34k20212022202320242025
The operating result recovers in 2025; 2025 is 66% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254k
Fixed assets €36k▲ 8.7%
Current assets €219k▲ 4.1%
Equity and liabilities €254k
Equity €238k▲ 7.7%
Debt €16k▼ 25.0%
The debt ratio falls from 8.9% to 6.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€55k
2024 · €34k
Cash flow
€43k
2024 · €28k
Solvency
93.6%
2024 · 91.1%
Current ratio
14.36
2024 · 9.70
Quick ratio
14.36
2024 · 9.70
Debt / equity
0.07
2024 · 0.10
ROE
14.1%
2024 · 9.8%
ROA
13.2%
2024 · 8.9%
Interest coverage
138.10
2024 · 63.86
Debt
€16k
2024 · €22k
Debt ≤ 1 year
€15k
2024 · €22k
Income taxes
€14k
2024 · €9k
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€243k€254k
Fixed assets21/28€33k€36k
Tangible fixed assets22/27€33k€36k
Plant, machinery and equipment23€3k€2k
Furniture and vehicles24€4k€11k
Other tangible fixed assets26€26k€23k
Current assets29/58€210k€219k
Amounts receivable within one year40/41€8k€10k
Trade receivables40€7k€10k
Other amounts receivable41€942€262
Current investments50/53€125k-
Cash at bank and in hand54/58€71k€206k
Deferred charges and accrued income490/1€6k€2k
Equity and liabilities
Total equity and liabilities10/49€243k€254k
Equity10/15€221k€238k
Contributions10/11€12k€12k=
Reserves13€209k€226k
Distributable reserves133€209k€226k
Amounts payable17/49€22k€16k
Amounts payable within one year42/48€22k€15k
Trade debts44€5k€5k
Suppliers440/4€5k€5k
Taxes, remuneration and social security45€14k€10k
Taxes450/3€14k€10k
Other amounts payable47/48€3k-
Accrued charges and deferred income492/3-€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k
Other operating charges640/8€1k€1k
Gross operating margin9900€35k€56k
Operating profit (loss)9901€27k€45k
Financial income75/76B€4k€3k
Recurring financial income75€4k€3k
Financial charges65/66B€527€400
Recurring financial charges65€527€400
Profit (loss) for the period before taxes9903€31k€48k
Income taxes67/77€9k€14k
Profit (loss) for the period9904€22k€34k
Profit (loss) for the period to be appropriated9905€22k€34k
Appropriation of the result
Profit (loss) to be appropriated9906€22k€34k
Transfer from equity791/2€3k€17k
Transfer to equity691/2€22k€34k
To other reserves6921€22k€34k
Profit to be distributed694/7€3k€17k
Return on contributions (dividend)694€3k€17k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
18-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200kEq €203k ▲23.2%
6 profitable years in a row build equity to €203k.
15-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €150kEq €165k ▲27.1%
5 profitable years in a row build equity to €165k.
06-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €65k ▲467%
Operating result €93k, net result €65k, both a record.
31-12
Financial Equity above €100kEq €130k ▲101%
4 profitable years in a row build equity to €130k.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity doublescurrent ratio 3.33
Current ratio from 1.60 to 3.33; short-term debt falls from €46k to €19k.
06-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
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
2 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, Sint-Katelijne-Waver · 1 establishment unit since 2013
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.

Heivelden 432861 Sint-Katelijne-Waver
Ground area
1,443 m²
Building footprint
195 m²
Volume, LiDAR
1,302 m³
Parcel 12027E0030/00N000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
in.pa.re.
Heivelden 43, 2861 Sint-Katelijne-WaverActivities of head offices; management consultancy activities
since 20132.216.768.120
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12027E0030/00N000 Flanders 1,443 m² 1 · 195 m² 9.6 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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 60 EUR awarded · 60 EUR paid
Year Entries awardedpaid
2022 1 60 EUR60 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 60 EUR · 60 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Quality registration as a provider

1 live approval
Quality registration as a provider
Toegekend · valid until 2028-02-25

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 39,127 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-01-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.