INAGO
ActiveSummary
INAGO has been active since 1965 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11.4m and a net result of €246,284. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability54▼-26
Solvency59▲+1
Growth54▲+1
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750,000 at 30 days acceptable
Liquidity ample (current ratio 1.95 against 2.14 in 2023; short-term debt: 16.8% and cash: 4.3% of total assets), but 66.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 87
Relative position
BE, all sectors
reference
Residential care activities (NACE 87)
about 77% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
33.6%
Return on assets
0.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
26 d early
2022
41 d early
2021
27 d early
2020
40 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 24% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, unclassified schema
In the rankings
#1 employer in Plombières#1 company by total assets in Plombières#1 company by equity in Plombières
Turnover
€17.4m▲ 10.4%
2023 · €15.7m
EBIT margin
0.1%▼ 9.9pp
2023 · 10.0%
Net result
€246,284▼ 85.6%
2023 · €1.7m
Working capital
€5.4m▼ 20.9%
2023 · €6.8m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€14.3m-€14.8m▲ 3.8%€15.9m▲ 7.3%€15.7m▼ 1.1%€17.4m▲ 10.4%
Operating result-€19,877-€191,921-€344,512€1.6m€12,076▼ 99.2%
Net result€35,891-€129,971▲ 262%-€392,118€1.7m€246,284▼ 85.6%
EBIT margin-0.1%-1.3%▲ 1.4pp-2.2%▼ 3.5pp10.0%▲ 12.2pp0.1%▼ 9.9pp
Equity€11.3m-€11.0m▼ 2.2%€10.2m▼ 7.3%€11.5m▲ 13.0%€11.4m▼ 1.0%
Total assets€47.6m-€47.3m▼ 0.7%€45.7m▼ 3.3%€35.2m▼ 23.0%€33.9m▼ 3.6%
Debt€36.3m-€36.2m▼ 0.3%€35.5m▼ 2.0%€23.6m▼ 33.7%€22.4m▼ 5.0%
Working capital€851,059-€1.9m▲ 126%€328,408▼ 82.9%€6.8m▲ 1,984%€5.4m▼ 20.9%
Staff (FTE)261-267.6▲ 2.5%270.3▲ 1.0%266.4▼ 1.4%272.5▲ 2.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 99% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33.9m
Fixed assets
€22.8m ▲ 2.2%
Current assets
€11.1m ▼ 13.6%
Equity and liabilities €33.9m
Equity
€11.4m ▼ 1.0%
Provisions
€143,384 ▲ 18.3%
Debt
€22.4m ▼ 5.0%
Debt's share of the balance-sheet total falls from 66.9% to 65.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.2m▼
2023 · €2.8m
Cash flow
€1.5m▼
2023 · €2.9m
Current ratio
1.95▼
2023 · 2.14
Quick ratio
1.93▼
2023 · 2.12
Debt to equity
1.96▼
2023 · 2.04
ROE
2.2%▼
2023 · 14.8%
ROA
0.7%▼
2023 · 4.9%
Interest coverage
4.43▼
2023 · 8.60
Debt ≤ 1 year
€5.7m▼
2023 · €6.0m
Debt > 1 year
€16.4m▼
2023 · €17.5m
Staff costs
€15.6m▲
2023 · €14.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 507 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.
- Large
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
3.4%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 507 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €17.8m | €19.6m | €21.5m | €20.7m | ▼ 3.8% |
| Turnover70 | €14.3m | €14.8m | €15.9m | €15.7m | €17.4m | ▲ 10.4% |
| Own construction capitalised72 | - | €60,567 | €30,607 | €34,401 | €0 | ▼ 100% |
| Other operating income74 | - | €2.8m | €3.6m | €3.6m | €3.1m | ▼ 13.3% |
| Non-recurring operating income76A | - | €151,512 | €137,088 | €2.1m | €177,772 | ▼ 91.6% |
| Operating charges60/66A | - | €17.6m | €20.0m | €19.9m | €20.7m | ▲ 3.8% |
| Goods for resale, raw materials and consumables60 | - | €1.6m | €2.2m | €2.2m | €2.0m | ▼ 8.9% |
| Purchases600/8 | - | €1.6m | €2.2m | €2.2m | €2.0m | ▼ 8.4% |
| Change in stocks: decrease (increase)609 | - | -€9,714 | €1,005 | €5,052 | -€6,178 | ▼ 222% |
| Services and other goods61 | - | €1.3m | €1.6m | €1.5m | €1.6m | ▲ 7.4% |
| Remuneration, social security and pensions62 | - | €12.8m | €13.9m | €14.5m | €15.6m | ▲ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.2m | €1.7m | €1.7m | €1.2m | €1.2m | = |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €6,250 | -€31,250 | €121,167 | €22,217 | ▼ 81.7% |
| Other operating charges640/8 | - | €30,649 | €41,571 | €9,747 | €54,650 | ▲ 461% |
| Non-recurring operating charges66A | - | €211,215 | €516,087 | €346,389 | €189,700 | ▼ 45.2% |
| Operating profit (loss)9901 | -€19,877 | €191,921 | -€344,512 | €1.6m | €12,076 | ▼ 99.2% |
| Financial income75/76B | - | €387,143 | €387,339 | €478,030 | €533,330 | ▲ 11.6% |
| Recurring financial income75 | €380,425 | €387,143 | €387,339 | €478,030 | €533,330 | ▲ 11.6% |
| Income from current assets751 | - | - | - | €92,327 | €165,565 | ▲ 79.3% |
| Other financial income752/9 | - | €387,143 | €387,339 | €385,703 | €367,765 | ▼ 4.7% |
| Financial charges65/66B | - | €449,092 | €434,945 | €341,660 | €299,122 | ▼ 12.5% |
| Recurring financial charges65 | €324,656 | €449,092 | €434,945 | €341,660 | €299,122 | ▼ 12.5% |
| Debt charges650 | €317,188 | €440,607 | €428,591 | €326,715 | €281,703 | ▼ 13.8% |
| Other financial charges652/9 | - | €8,485 | €6,353 | €14,945 | €17,419 | ▲ 16.6% |
| Profit (loss) for the period before taxes9903 | €35,891 | €129,971 | -€392,118 | €1.7m | €246,284 | ▼ 85.6% |
| Profit (loss) for the period9904 | €35,891 | €129,971 | -€392,118 | €1.7m | €246,284 | ▼ 85.6% |
| Profit (loss) for the period to be appropriated9905 | €35,891 | €129,971 | -€392,118 | €1.7m | €246,284 | ▼ 85.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €47.6m | €47.3m | €45.7m | €35.2m | €33.9m | ▼ 3.6% |
| Fixed assets21/28 | €40.6m | €39.9m | €38.4m | €22.3m | €22.8m | ▲ 2.2% |
| Tangible fixed assets22/27 | €40.6m | €39.9m | €38.4m | €22.3m | €22.8m | ▲ 2.2% |
| Land and buildings22 | - | €38.6m | €37.1m | €21.3m | €21.7m | ▲ 1.8% |
| Plant, machinery and equipment23 | - | €857,625 | €820,773 | €746,662 | €736,909 | ▼ 1.3% |
| Furniture and vehicles24 | - | €461,671 | €377,262 | €287,961 | €204,675 | ▼ 28.9% |
| Assets under construction and advance payments27 | - | €0 | €66,588 | €35,231 | €228,433 | ▲ 548% |
| Financial fixed assets28 | - | - | €2,683 | €2,683 | €2,683 | = |
| Other financial fixed assets284/8 | - | - | €2,683 | €2,683 | €2,683 | = |
| Amounts receivable and cash guarantees285/8 | - | - | €2,683 | €2,683 | €2,683 | = |
| Current assets29/58 | €7.0m | €7.4m | €7.4m | €12.9m | €11.1m | ▼ 13.6% |
| Amounts receivable after more than one year29 | - | €3.3m | €3.0m | €2.7m | €2.0m | ▼ 23.3% |
| Other amounts receivable291 | - | €3.3m | €3.0m | €2.7m | €2.0m | ▼ 23.3% |
| Stocks and contracts in progress3 | €99,166 | €108,880 | €107,875 | €102,823 | €109,001 | ▲ 6.0% |
| Stocks30/36 | - | €108,880 | €107,875 | €102,823 | €109,001 | ▲ 6.0% |
| Raw materials and consumables30/31 | - | €108,880 | €107,875 | €102,823 | €109,001 | ▲ 6.0% |
| Amounts receivable within one year40/41 | €3.2m | €3.1m | €4.1m | €3.0m | €3.0m | ▼ 0.5% |
| Trade receivables40 | - | €1.9m | €3.0m | €1.8m | €2.0m | ▲ 16.9% |
| Other amounts receivable41 | - | €1.3m | €1.1m | €1.2m | €923,378 | ▼ 25.1% |
| Current investments50/53 | - | - | - | €6.9m | €4.3m | ▼ 37.8% |
| Other investments51/53 | - | - | - | €6.9m | €4.3m | ▼ 37.8% |
| Cash at bank and in hand54/58 | €52,223 | €831,326 | €133,137 | €93,880 | €1.4m | ▲ 1,438% |
| Deferred charges and accrued income490/1 | - | €15,533 | €34,911 | €108,386 | €246,580 | ▲ 128% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €47.6m | €47.3m | €45.7m | €35.2m | €33.9m | ▼ 3.6% |
| Equity10/15 | €11.3m | €11.0m | €10.2m | €11.5m | €11.4m | ▼ 1.0% |
| Contributions10/11 | - | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Reserves13 | €257,744 | €387,715 | €45,994 | €129,078 | €141,392 | ▲ 9.5% |
| Non-distributable reserves130/1 | - | €45,994 | €45,994 | €129,078 | €141,392 | ▲ 9.5% |
| Reserves not available under the articles1311 | - | €45,994 | €45,994 | €129,078 | €141,392 | ▲ 9.5% |
| Distributable reserves133 | - | €341,720 | €0 | €0 | - | - |
| Profit (loss) carried forward14 | - | - | -€50,397 | €1.6m | €1.8m | ▲ 14.8% |
| Investment grants15 | - | €7.9m | €7.5m | €7.1m | €6.7m | ▼ 5.2% |
| Provisions and deferred taxes16 | €25,000 | €31,250 | - | €121,167 | €143,384 | ▲ 18.3% |
| Provisions for liabilities and charges160/5 | - | €31,250 | - | €121,167 | €143,384 | ▲ 18.3% |
| Other liabilities and charges164/5 | - | €31,250 | - | €121,167 | €143,384 | ▲ 18.3% |
| Amounts payable17/49 | €36.3m | €36.2m | €35.5m | €23.6m | €22.4m | ▼ 5.0% |
| Amounts payable after more than one year17 | €29.9m | €30.5m | €28.4m | €17.5m | €16.4m | ▼ 6.2% |
| Financial debts170/4 | - | €30.5m | €28.4m | €17.5m | €16.4m | ▼ 6.2% |
| Credit institutions173 | - | €30.5m | €28.4m | €17.5m | €16.0m | ▼ 8.6% |
| Other loans174 | - | - | - | - | €413,143 | - |
| Amounts payable within one year42/48 | €6.2m | €5.5m | €7.0m | €6.0m | €5.7m | ▼ 5.4% |
| Current portion of amounts payable after more than one year42 | - | €2.2m | €2.3m | €1.5m | €1.5m | ▲ 3.7% |
| Financial debts43 | - | - | €500,000 | €226,552 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | €500,000 | €226,552 | €0 | ▼ 100% |
| Trade debts44 | €1.7m | €874,289 | €893,590 | €490,681 | €383,158 | ▼ 21.9% |
| Suppliers440/4 | - | €874,289 | €893,590 | €490,681 | €383,158 | ▼ 21.9% |
| Taxes, remuneration and social security45 | - | €2.3m | €3.0m | €2.9m | €3.4m | ▲ 17.0% |
| Taxes450/3 | - | €301,273 | €395,953 | €356,077 | €385,352 | ▲ 8.2% |
| Remuneration and social security454/9 | - | €2.0m | €2.6m | €2.5m | €3.0m | ▲ 18.3% |
| Other amounts payable47/48 | - | €66,362 | €302,501 | €937,647 | €399,167 | ▼ 57.4% |
| Accrued charges and deferred income492/3 | - | €278,401 | €133,309 | €42,686 | €289,938 | ▲ 579% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,891 | €129,971 | -€392,118 | €1.7m | €246,284 | ▼ 85.6% |
| + Depreciation and write-downs630 | €1.2m | €1.7m | €1.7m | €1.2m | €1.2m | = |
| Operating cash flow (approximation) | €1.3m | €1.9m | €1.3m | €2.9m | €1.5m | ▼ 49.7% |
| Investment in fixed assets (approximation) | - | -€1.0m | -€236,618 | €14.8m | -€1.7m | ▼ 112% |
| Change in cash | - | €779,103 | -€698,189 | -€39,257 | €1.4m | ▲ 3,539% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Back to profitnet €1.7m
Net result €1.7m after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.14
Current ratio from 1.05 to 2.14; short-term debt falls from €7.0m to €6.0m.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
31-12
Financial
Weakest financial yearnet -€392,118
Net result drops to -€392,118, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
31-12
Financial
Back to profitnet €35,891
Net result €35,891 after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 3 days late
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 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, Plombières · 5 establishment units since 1965
Ground area
4.1 ha
Building footprint
4,918 m²
Volume, LiDAR
36,958 m³
5 parcels, Wallonia · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
5 establishment units
INAGO
since 19652.001.171.663
Résidence LEONARDO DA VINCI
since 19772.158.774.491
MRS "Régina"
since 19772.159.816.945
MRS St Joseph
since 19822.159.816.549
La Kan
since 20052.159.817.242
5 parcels
Wallonia
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63084B0098/00T000 | Wallonia | 1.8 ha | 1 · 1,577 m² | 16.8 m · 4 fl. |
| 63054A0011/00F000 | Wallonia | 1.3 ha | 1 · 1,267 m² | 18.8 m · 5 fl. |
| 63054A0422/00P000 | Wallonia | 9,177 m² | 1 · 1,896 m² | - |
| 63054A0253/00G000 | Wallonia | 1,171 m² | 1 · 138 m² | 12.4 m · 4 fl. |
| 63003B0651/00L004 | Wallonia | 205 m² | 1 · 40 m² | 7.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
4 sitesAubel2.159.817.242
Plombières2.159.816.549
Plombières2.159.816.945
Welkenraedt2.158.774.491
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Of 322 companies in sector 87101 we hold annual accounts for 235. 157 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded21-12-1965
Fiscal year end31-12
Activities, NACEBEL 2025
87101Residential care activities
87301Residential care activities
Contact
E-mail
rh@inago.bePlombières
Phone
087/78 98 95Plombières
E-invoicing
Reachable via Peppol
Peppol ID
0208:0202470177
Also
9925:BE0202470177
Registered
21-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.