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IN2DESIGN

Active
Private limited companyfounded 2008active for 18 yearsKrogstraat 22, 1860 Meise, BelgiumKBO/BCE: BE 0897.616.521
Summary

IN2DESIGN has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,603 and a net result of €50,329. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 35% of 34,483 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00468509.

Equity
€116,603▲ 59.1%
2024 · €73,274
Total assets
€350,300▲ 55.9%
2024 · €224,636
Net result
€50,329▲ 447%
2024 · €9,202
Working capital
€238,670▲ 61.0%
2024 · €148,210
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 494% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€68,210 2025 Net result€50,329 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€15,606-€5,890▼ 62.3%-€8,270€13,146-€28,013€1,786€11,489▲ 543%€68,210▲ 494%
Net result€10,803-€4,884▼ 54.8%-€6,956below the sector's middle half€9,194within the sector's middle half-€26,764below the sector's middle half€3,436within the sector's middle half€9,202within the sector's middle half▲ 168%€50,329above the sector's middle half▲ 447%
Equity€81,878-€85,962▲ 5.0%€79,006within the sector's middle half▼ 8.1%€87,400within the sector's middle half▲ 10.6%€60,636within the sector's middle half▼ 30.6%€64,072within the sector's middle half▲ 5.7%€73,274within the sector's middle half▲ 14.4%€116,603within the sector's middle half▲ 59.1%
Total assets€189,584-€184,365▼ 2.8%€164,475within the sector's middle half▼ 10.8%€163,983within the sector's middle half▼ 0.3%€179,739within the sector's middle half▲ 9.6%€162,991within the sector's middle half▼ 9.3%€224,636within the sector's middle half▲ 37.8%€350,300above the sector's middle half▲ 55.9%
Debt€107,706-€98,403▼ 8.6%€85,469▼ 13.1%€76,583▼ 10.4%€119,103▲ 55.5%€98,919▼ 16.9%€151,362▲ 53.0%€233,697▲ 54.4%
Working capital-€7,087-€14,771€15,161within the sector's middle half▲ 2.6%€51,146within the sector's middle half▲ 237%€91,778above the sector's middle half▲ 79.4%€110,139above the sector's middle half▲ 20.0%€148,210above the sector's middle half▲ 34.6%€238,670above the sector's middle half▲ 61.0%
Solvency43.2%-46.6%▲ 3.4pp48.0%within the sector's middle half▲ 1.4pp53.3%within the sector's middle half▲ 5.3pp33.7%within the sector's middle half▼ 19.6pp39.3%within the sector's middle half▲ 5.6pp32.6%within the sector's middle half▼ 6.7pp33.3%within the sector's middle half▲ 0.7pp
Current ratio0.90-1.35▲ 0.461.35within the sector's middle half=2.39within the sector's middle half▲ 1.033.46above the sector's middle half▲ 1.076.00above the sector's middle half▲ 2.545.16above the sector's middle half▼ 0.844.61above the sector's middle half▼ 0.55
Return on assets (ROA)5.7%-2.6%▼ 3.0pp-4.2%below the sector's middle half▼ 6.9pp5.6%within the sector's middle half▲ 9.8pp-14.9%below the sector's middle half▼ 20.5pp2.1%within the sector's middle half▲ 17.0pp4.1%within the sector's middle half▲ 2.0pp14.4%within the sector's middle half▲ 10.3pp
Staff (FTE)1.6-1.4▼ 12.5%1.7within the sector's middle half▲ 21.4%1▼ 41.2%1=1.2▲ 20.0%1.7▲ 41.7%2.5▲ 47.1%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €350,300
Fixed assets €45,429 ▲ 11.4%
Current assets €304,871 ▲ 65.8%
Equity and liabilities €350,300
Equity €116,603 ▲ 59.1%
Debt €233,697 ▲ 54.4%
Debt's share of the balance-sheet total falls from 67.4% to 66.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€85,875▲
2024 · €34,394
Cash flow
€67,995▲
2024 · €32,107
Quick ratio
4.20▼
2024 · 4.43
Debt to equity
2.00▼
2024 · 2.07
ROE
43.2%▲
2024 · 12.6%
Interest coverage
52.17▲
2024 · 41.97
Debt ≤ 1 year
€66,201▲
2024 · €35,645
Debt > 1 year
€29,877▼
2024 · €33,812
Income taxes
€18,411▲
2024 · €3,902
Staff costs
€95,462▲
2024 · €62,667
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,695 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet Code20242025
Assets
Total assets20/58€224,636€350,300▲
Fixed assets21/28€40,782€45,429▲
Tangible fixed assets22/27€40,782€45,429▲
Land and buildings22€4,642€0▼
Plant, machinery and equipment23€3,078€21,194▲
Furniture and vehicles24€31,845€24,236▼
Leasing and similar rights25€1,216€0▼
Current assets29/58€183,855€304,871▲
Stocks and contracts in progress3€25,913€27,062▲
Stocks30/36€25,913€27,062▲
Amounts receivable within one year40/41€44,436€24,667▼
Trade receivables40€37,730€24,667▼
Other amounts receivable41€6,706€0▼
Cash at bank and in hand54/58€109,425€156,083▲
Deferred charges and accrued income490/1€4,082€97,060▲
Equity and liabilities
Total equity and liabilities10/49€224,636€350,300▲
Equity10/15€73,274€116,603▲
Contributions10/11€18,550€18,550=
Reserves13€54,724€98,053▲
Non-distributable reserves130/1€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855=
Distributable reserves133€52,869€96,198▲
Profit (loss) carried forward14-€0
Amounts payable17/49€151,362€233,697▲
Amounts payable after more than one year17€33,812€29,877▼
Financial debts170/4€13,812€29,877▲
Other amounts payable178/9€20,000€0▼
Amounts payable within one year42/48€35,645€66,201▲
Current portion of amounts payable after more than one year42€3,767€3,935▲
Financial debts43-€515
Credit institutions430/8-€515
Trade debts44€9,725€11,694▲
Suppliers440/4€9,725€11,694▲
Taxes, remuneration and social security45€7,934€23,689▲
Taxes450/3€3,763€19,078▲
Remuneration and social security454/9€4,171€4,611▲
Other amounts payable47/48€14,218€26,369▲
Accrued charges and deferred income492/3€81,905€137,618▲
Income statement Code20242025
Remuneration, social security and pensions62€62,667€95,462▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,905€17,666▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2,904€2,856▼
Gross operating margin9900€99,966€184,194▲
Operating profit (loss)9901€11,489€68,210▲
Financial income75/76B€2,434€2,177▼
Recurring financial income75€2,434€2,177▼
Financial charges65/66B€820€1,646▲
Recurring financial charges65€820€1,646▲
Profit (loss) for the period before taxes9903€13,104€68,740▲
Income taxes67/77€3,902€18,411▲
Profit (loss) for the period9904€9,202€50,329▲
Profit (loss) for the period to be appropriated9905€9,202€50,329▲
Appropriation of the result
Profit (loss) to be appropriated9906€9,202€50,329▲
Transfer to equity691/2€9,202€43,329▲
To other reserves6921€9,202€43,329▲
Profit to be distributed694/7-€7,000
Directors or managers695-€7,000

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€35,057€44,594€43,727€62,667€95,462▲ 52.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,771€35,793€34,432€33,509€30,431€24,770€22,905€17,666▼ 22.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€2,536-€932€0--
Other operating charges640/8---€5,254€4,393€4,306€2,904€2,856▼ 1.7%
Gross operating margin9900€111,998€96,783€88,842€86,966€53,941€73,657€99,966€184,194▲ 84.3%
Operating profit (loss)9901€15,606€5,890-€8,270€13,146-€28,013€1,786€11,489€68,210▲ 494%
Financial income75/76B---€2,016€2,081€2,297€2,434€2,177▼ 10.6%
Recurring financial income75€2,491€2,042€2,969€2,016€2,081€2,297€2,434€2,177▼ 10.6%
Financial charges65/66B---€1,018€595€263€820€1,646▲ 101%
Recurring financial charges65€1,796€1,712€1,404€1,018€595€263€820€1,646▲ 101%
Profit (loss) for the period before taxes9903€16,301€6,220-€6,705€14,144-€26,528€3,820€13,104€68,740▲ 425%
Income taxes67/77€5,497€1,336€251€4,950€237€383€3,902€18,411▲ 372%
Profit (loss) for the period9904€10,803€4,884-€6,956€9,194-€26,764€3,436€9,202€50,329▲ 447%
Profit (loss) for the period to be appropriated9905€10,803€4,884-€6,956€9,194-€26,764€3,436€9,202€50,329▲ 447%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€189,584€184,365€164,475€163,983€179,739€162,991€224,636€350,300▲ 55.9%
Fixed assets21/28€127,947€127,837€106,058€75,915€50,579€30,815€40,782€45,429▲ 11.4%
Tangible fixed assets22/27€127,947€127,837€106,058€75,915€50,579€30,815€40,782€45,429▲ 11.4%
Land and buildings22---€47,781€33,402€19,022€4,642€0▼ 100%
Plant, machinery and equipment23---€24,534€9,823€4,393€3,078€21,194▲ 589%
Furniture and vehicles24---€2,382€6,138€6,183€31,845€24,236▼ 23.9%
Leasing and similar rights25---€1,216€1,216€1,216€1,216€0▼ 100%
Current assets29/58€61,637€56,527€58,417€88,069€129,160€132,176€183,855€304,871▲ 65.8%
Stocks and contracts in progress3€9,901€10,971€11,700€13,362€22,774€63,295€25,913€27,062▲ 4.4%
Stocks30/36---€13,362€22,774€63,295€25,913€27,062▲ 4.4%
Amounts receivable within one year40/41€23,692€14,779€5,215€15,552€14,182€12,571€44,436€24,667▼ 44.5%
Trade receivables40---€10,594€12,695€9,255€37,730€24,667▼ 34.6%
Other amounts receivable41---€4,958€1,487€3,315€6,706€0▼ 100%
Cash at bank and in hand54/58€23,905€28,591€37,928€55,534€90,057€52,738€109,425€156,083▲ 42.6%
Deferred charges and accrued income490/1---€3,620€2,146€3,573€4,082€97,060▲ 2,278%
Equity and liabilities
Total equity and liabilities10/49€189,584€184,365€164,475€163,983€179,739€162,991€224,636€350,300▲ 55.9%
Equity10/15€81,878€85,962€79,006€87,400€60,636€64,072€73,274€116,603▲ 59.1%
Contributions10/11€18,550€18,550€18,550€18,550€18,550€18,550€18,550€18,550=
Capital10---€18,550€18,550€18,550---
Issued capital100---€18,550€18,550€18,550---
Reserves13€63,328€67,412€67,412€68,850€42,086€45,522€54,724€98,053▲ 79.2%
Non-distributable reserves130/1---€1,855€1,855€1,855€1,855€1,855=
Legal reserve130---€1,855€1,855€1,855---
Reserves not available under the articles1311------€1,855€1,855=
Distributable reserves133---€66,995€40,231€43,667€52,869€96,198▲ 82.0%
Profit (loss) carried forward14---€6,956----€0-
Amounts payable17/49€107,706€98,403€85,469€76,583€119,103€98,919€151,362€233,697▲ 54.4%
Amounts payable after more than one year17€38,982€56,647€42,213€29,856€20,709€20,000€33,812€29,877▼ 11.6%
Financial debts170/4---€9,856€709-€13,812€29,877▲ 116%
Other amounts payable178/9---€20,000€20,000€20,000€20,000€0▼ 100%
Amounts payable within one year42/48€68,724€41,756€43,256€36,922€37,382€22,037€35,645€66,201▲ 85.7%
Current portion of amounts payable after more than one year42---€11,140€9,148€709€3,767€3,935▲ 4.5%
Financial debts43-------€515-
Credit institutions430/8-------€515-
Trade debts44€23,467€2,939€10,231€8,156€5,483€8,739€9,725€11,694▲ 20.2%
Suppliers440/4---€8,156€5,483€8,739€9,725€11,694▲ 20.2%
Taxes, remuneration and social security45---€7,754€18,229€4,576€7,934€23,689▲ 199%
Taxes450/3---€7,494€11,835€2,266€3,763€19,078▲ 407%
Remuneration and social security454/9---€260€6,394€2,310€4,171€4,611▲ 10.5%
Other amounts payable47/48---€9,873€4,522€8,014€14,218€26,369▲ 85.5%
Accrued charges and deferred income492/3---€9,804€61,012€56,882€81,905€137,618▲ 68.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€10,803€4,884-€6,956€9,194-€26,764€3,436€9,202€50,329▲ 447%
+ Depreciation and write-downs630€33,771€35,793€34,432€33,509€30,431€24,770€22,905€17,666▼ 22.9%
Operating cash flow (approximation)€44,575€40,677€27,476€42,703€3,666€28,206€32,107€67,995▲ 112%
Investment in fixed assets (approximation)--€35,683-€12,652-€3,366-€5,095-€5,005-€32,871-€22,313▲ 32.1%
Change in cash-€4,686€9,337€17,606€34,523-€37,319€56,686€46,658▼ 17.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00468509
31-12-2024 micro format 24-08-2025 2025-00395786
31-12-2023 micro format 30-07-2024 2024-00303973
31-12-2022 micro format 29-08-2023 2023-00365686
31-12-2021 micro format 28-08-2022 2022-20329812
31-12-2020 micro format 30-08-2021 2021-56100246
31-12-2019 micro format 28-08-2020 2020-47600359
31-12-2018 micro format 31-07-2019 2019-41400248
31-12-2017 micro format 27-07-2018 2018-39600479
31-12-2016 micro format 30-05-2017 2017-14000026

Show all 17 filings

Similar companies · same sector, comparable size

Of the 19,838 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,198. 7,751 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €2,000 awarded · €2,000 paid
Year Entries AwardedPaid
2025 1 €1,000€1,000
2024 1 €1,000€1,000
Schemes
2 entries · €2,000 · €2,000 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.