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iN2POWER

Active Public limited companyfounded 2000active for 26 yearsFinlandstraat 11, 9940 EvergemKBO/BCE: BE 0471.368.035 subsidiary of E80 Group S.p.A.

Lifetime

19 annual accounts with figures on one time axis, 25 filings since 2000
peak €896,577 (2022)
€586,129▼ 17.8%
lowest -€1.8m (2021)
-€71,550▼ €21,333
peak €1.3m (2018)
€309,347▼ 18.8%
€426,834▼ 10.0%
peak 4.6 FTE (2021)
4 FTEunchanged
Board16 names since 2018all names
4 directorsPrampolini Valeria and 3 others
Owners4 names in the annual accounts
consolidatesE80 Group S.p.A.
Documentsfilings and deeds
25-06-202636 days before the deadline
2025financial year
Gross margin from €712,688 to €586,129Loss of €71,5501 statutory auditor appointed, 7 directors resigning, 4 reapp… 21-01Equity from €380,898 to €309,347Cash from €54,362 to €359,693

Key points

from the 2025 annual accounts

Equity

€309,347 from €1.3m in 2018

Equity fell by 76% in 7 years.

Losses

-€3.9m in nine years
2017201820192020-1.82021202220232024-0.072025

Every financial year from 2017 to 2025 closed with a loss. 2021 was the heaviest.

Turnover

≈ €1.4m estimated

The accounts state no turnover.

Investments

€23,120 0.1 × depreciation
2021202220242025

Green is investment, beige is depreciation. Machinery stands 68.6% higher than in 2024.

Position in the sector

-€71,550

Lower net result than 85% of companies in other professional activities. Sector median €8,252 · 212 companies.

Checked score

90
Excellent
Financially stronger than 40% of micro companies in other professional activities (NACE 74)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 5,430 companies (NACE 74, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 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: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

67-3equity 42.0% of total assets
70+40short-term debt 58.0% · cash 48.9%
57-4return on assets -9.7%

Score breakdown

raises risk
Loss of €71,550, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 1.47, cash €359,693
Equity €309,347 (42.0% of total assets)
Sector: Other professional, scientific and technical activities (NACE 74)
Calculation

The band follows from the bankruptcy probability. 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 74, micro). It does better than 44% of them on solvency, 61% on liquidity, 31% on profitability and 24% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as iN2POWER has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of iN2POWER itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for iN2POWER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.47 (1.27 in 2024), below the usual 1.5. Short-term debt is 58% and cash 48.9% of total assets. 58% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €71,550, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.47, cash €359,693
NBB · annual accounts
lowers risk · Equity €309,347 (42.0% of total assets)
NBB · annual accounts
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€71,550
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 25-06-2026, 36 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
36 days early
2024
50 days early
2023
34 days early
2022
25 days early
2021
26 days late
2020
30 days late
2019
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DA
Director, since 20-12-2024
GE
Director, since 20-12-2024
GG
Director, since 20-12-2024
PV
Director, since 20-12-2024
AB
Auditor, Sven Vansteelant
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0471368035
1 statutory auditor appointed, 7 directors resigning, 4 reappointments Resignations: Grassi Enrico, Prampolini Valeria, Grassi Gabriele, Delgrosso Andrea, Vittorio Cavirani, Francesco Giovanardi and 1 other · Reappointments: Grassi Enrico, Prampolini Valeria, Grassi Gabriele and Delgrosso Andrea · Appointment: Auditas Bedrijfsrevisoren (statutory auditor) · General meeting of 20-12-2024 · Gazette deed
Capital increase · Amendment of the articles Capital from €2,110,691.51 to €4,197,857.69, 1,408 new shares · Capital from €4,197,857.69 to €775,223.86 · Capital from €775,223.86 to €500,000 · General meeting of 28-12-2023 · Gazette deed
3 directors appointed, 2 resignations Resignations: HOBECON (managing director) and Tom Van Acker · Appointments: Francesco Monica, Francesco Giovanardi and Vittorio Cavirani (managing director) · General meeting of 18-07-2022 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
iN2POWER Evergem €0.7m €586,129 42.0% 4
TO B-SEEN Mechelen €0.6m €621,016 37.3% 6.3
FIRE SAFETY CONSULTING Sombreffe €0.7m €690,805 67.5% 5.3
EUROPEAN ORGANISATION FOR SECURITY Brussels €0.9m €726,084 25.3% 7.3
NEW RADIOSOC Rixensart €1.3m €935,400 79.3% 3.9
B.L.I.T.S. Herselt €1.3m €446,939 76.4% 5.5
InsPyro Leuven €1.0m €641,035 46.7% 6.2

These companies have the same main activity as iN2POWER: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €643,000 and €1.3m, founded between 1992 and 2009.

Official details

Source: KBO
Status
Active since 06-03-2000Normal situation
Registered office
13 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
Other professional, scientific and technical activitiesNACE 74999and 2 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.097.277.2839940 Evergem, since 17-04-2000
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€736,181▼ 13.9%
Employeeson 31-12-2025
4=
Filing
Filed on 25-06-2026, 36 days before the end of the filing period
Financials

Insights on iN2POWER

The gross margin has fallen every year since 2022.

In 2024, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about iN2POWER

What is the company number of iN2POWER?
The company number of iN2POWER is 0471.368.035. The VAT number is the same number with BE in front: BE 0471.368.035.
Where is iN2POWER based?
The registered office is at Finlandstraat 11, 9940 Evergem.Company details
What does iN2POWER do?
According to the KBO register, the main activity is other professional, scientific and technical activities (NACE 74999).
What is the legal form of iN2POWER?
iN2POWER is a public limited company (NV).
When was iN2POWER founded?
iN2POWER was founded on 06-03-2000.
Is iN2POWER still active?
Yes, iN2POWER is an active enterprise in the KBO register.
How many employees does iN2POWER have?
iN2POWER had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does iN2POWER fall under?
In its 2025 annual accounts, iN2POWER states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of iN2POWER?
The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €586,129 and 2,275 comparable companies of the same size. It probably lies between €830,000 and €2.3m. It is a rough estimate.
Is iN2POWER profitable?
In financial year 2025, iN2POWER made a loss of €71,550.
Where can I find the annual accounts of iN2POWER?
iN2POWER filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of iN2POWER due?
iN2POWER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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