INADEVS
ActiveINADEVS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €2k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 16906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
65
/ 100
Healthy▼ -33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-79
Solvency95▼-5
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 7.6 in 2024), and 49.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.5%
Return on assets
2.1%
Age of the figures
8 mo
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
9 d early
2023
36 d early
2022
21 d early
2021
31 d late
2020
27 d late
2019
130 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▼ 29.9%
2024 · €79k
2018: €92k
2019: €106k
2020: €100k
2021: €90k
2022: €89k
2023: €83k
2024: €79k
2018 → 2025
Total assets
€109k▲ 22.9%
2024 · €89k
2018: €105k
2019: €127k
2020: €127k
2021: €111k
2022: €106k
2023: €102k
2024: €89k
2018 → 2025
Net result
€2k▼ 85.8%
2024 · €16k
2018: €14k
2019: €15k
2020: €25k
2021: €7k
2022: €7k
2023: €13k
2024: €16k
2018 → 2025
Working capital
€53k▼ 21.4%
2024 · €67k
2018: €74k
2019: €105k
2020: €98k
2021: €90k
2022: €54k
2023: €55k
2024: €67k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€90k-€89k▼ 2.0%€83k▼ 6.0%€79k▼ 5.3%€55k▼ 29.9%
Operating result€10k-€11k▲ 4.5%€19k▲ 79.0%€25k▲ 26.3%€35k▲ 43.2%
Net result€7k-€7k▲ 4.0%€13k▲ 78.7%€16k▲ 29.1%€2k▼ 85.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 43% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109k
Fixed assets
€6k▼ 45.5%
Current assets
€103k▲ 32.9%
Equity and liabilities €109k
Equity
€55k▼ 29.9%
Debt
€54k▲ 430%
The debt ratio rises from 11.5% to 49.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€42k▼
2024 · €43k
Cash flow
€9k▼
2024 · €35k
Solvency
50.5%▼
2024 · 88.5%
Current ratio
2.06▼
2024 · 7.60
Quick ratio
2.06▼
2024 · 7.60
Debt / equity
0.98▲
2024 · 0.13
ROE
4.1%▼
2024 · 20.5%
ROA
2.1%▼
2024 · 18.1%
Interest coverage
1.39▼
2024 · 81.13
Debt
€54k▲
2024 · €10k
Debt ≤ 1 year
€50k▲
2024 · €10k
Income taxes
€3k▼
2024 · €8k
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€89k€109k▲
Fixed assets21/28€11k€6k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€9k€5k▼
Furniture and vehicles24€9k€5k▼
Current assets29/58€78k€103k▲
Amounts receivable within one year40/41€14k€35k▲
Trade receivables40€14k€33k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€63k€37k▼
Deferred charges and accrued income490/1€567€31k▲
Equity and liabilities
Total equity and liabilities10/49€89k€109k▲
Equity10/15€79k€55k▼
Contributions10/11€6k€6k=
Reserves13€70k€48k▼
Tax-exempt reserves132€1k€1k=
Distributable reserves133€69k€47k▼
Profit (loss) carried forward14€2k€1k▼
Amounts payable17/49€10k€54k▲
Amounts payable within one year42/48€10k€50k▲
Current portion of amounts payable after more than one year42€1k€1k▼
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€3k€8k▲
Other amounts payable47/48€30€31k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€7k▼
Other operating charges640/8€956€653▼
Gross operating margin9900€44k€43k▼
Operating profit (loss)9901€25k€35k▲
Financial charges65/66B€535€30k▲
Recurring financial charges65€535€30k▲
Profit (loss) for the period before taxes9903€24k€5k▼
Income taxes67/77€8k€3k▼
Profit (loss) for the period9904€16k€2k▼
Profit (loss) for the period to be appropriated9905€16k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€5k▼
Profit (loss) brought forward from the previous period14P€4k€2k▼
Transfer from equity791/2€19k€25k▲
Transfer to equity691/2€16k€2k▼
To other reserves6921€16k€2k▼
Profit to be distributed694/7€21k€26k▲
Return on contributions (dividend)694€21k€26k▲
The notes to these accounts (9 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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €2k ▼85.8%
Net result drops to €2k, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €25k ▲64.5%
Net result €25k, the highest in the series.
08-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 130 days late
2019
31-12
Financial
Equity above €100kEq €106k ▲15.1%
2 profitable years in a row build equity to €106k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
05-07
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
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, Vorst · 1 establishment unit since 2012
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.
Stuart Merrilllaan 921190 VorstGround area
194 m²
Building footprint
64 m²
Volume, LiDAR
628 m³
Parcel 21384D0280/00H027, Brussels · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Stuart Merrilllaan 92, 1190 Vorst
since 20122.210.533.988
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21384D0280/00H027 | Brussels | 194 m² | 1 · 64 m² | 14.1 m · 3 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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DIGITALIFE
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Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 15,316 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-06-2012
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
46190Agents in non-specialised wholesale trade
62030Computer programming, consultancy and related activities
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.