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INANGA

Active
Private limited companyfounded 2021active for 5 yearsRue des Moulins 72, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0768.635.621

Financials · financial year 2025, full format

Annual accounts 2025 filed on 01-06-2026 PDF all 5 filings

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€14,278
2024 · €7,431
Working capital
€96,942▲ 82.3%
2024 · €53,173
Trend over the years

2022 to 2025, 4 financial years

The operating result for 2025 is a loss of €12,527, after a profit of €7,881 in 2024. It is the lowest result since 2022.

Operating result-€12,527 2025 Net result-€14,278 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€86,542--€7,482€7,881-€12,527
Net result€59,827within the sector's middle half--€18,242below the sector's middle half€7,431within the sector's middle half-€14,278below the sector's middle half
Equity€64,827below the sector's middle half-€46,586below the sector's middle half▼ 28.1%€54,017below the sector's middle half▲ 16.0%€39,739below the sector's middle half▼ 26.4%
Total assets€404,161within the sector's middle half-€202,988below the sector's middle half▼ 49.8%€128,309below the sector's middle half▼ 36.8%€132,514below the sector's middle half▲ 3.3%
Debt€339,334-€156,403▼ 53.9%€74,292▼ 52.5%€92,775▲ 24.9%
Working capital€95,711within the sector's middle half-€46,036within the sector's middle half▼ 51.9%€53,173within the sector's middle half▲ 15.5%€96,942within the sector's middle half▲ 82.3%
Solvency16.0%below the sector's middle half-22.9%below the sector's middle half▲ 6.9pp42.1%within the sector's middle half▲ 19.1pp30.0%within the sector's middle half▼ 12.1pp
Current ratio1.31within the sector's middle half-1.30within the sector's middle half▼ 0.021.72within the sector's middle half▲ 0.433.96above the sector's middle half▲ 2.23
Return on assets (ROA)14.8%above the sector's middle half--9.0%below the sector's middle half▼ 23.8pp5.8%within the sector's middle half▲ 14.8pp-10.8%below the sector's middle half▼ 16.6pp
Staff (FTE)1.6within the sector's middle half-0.1within the sector's middle half▼ 93.8%
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132,514
Fixed assets €2,797 ▲ 74.7%
Current assets €129,716 ▲ 2.4%
Equity and liabilities €132,514
Equity €39,739 ▼ 26.4%
Debt €92,775 ▲ 24.9%
Debt's share of the balance-sheet total rises from 57.9% to 70.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€11,986▼
2024 · €8,592
Cash flow
-€13,736▼
2024 · €8,142
Debt to equity
2.33▲
2024 · 1.38
ROE
-35.9%▼
2024 · 13.8%
Interest coverage
-19.78▼
2024 · 15.71
Debt ≤ 1 year
€32,775▼
2024 · €73,534
Income taxes
€1,802
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202231-12-202331-12-2024
Employees at the balance-sheet date2--
full-time2--
in full-time equivalents2--
Average over the year, in full-time equivalents1.30.1-
On a permanent contract1--
Joined100
Left011

Source: social balance sheet in the 2022 to 2024 annual accounts

Investments

fixed assets acquired
Item2022202320242025
Tangible fixed assets€1,687-€1,378€1,738
Financial fixed assets€150---
Depreciation and write-downs of the year€340€562€711€542

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

European Union, budget

2024 · 1 entry
Projects
IDENTIFICATION/FORMULATION STUDY FOR MOZAMBIQUE/MALW CT-PCVE BORDERLANDS PROGRAM
Neighbourhood, Development and International Cooperation Instrument, Global Europe · 11-12-2024 to 10-04-2025

Comparable companies

These companies have the same main activity as INANGA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €116,000 and €136,000, founded between 2020 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
INANGA Grez-Doiceau2021€132,514€39,739-€2,690-€14,2782025
MBVS Chaumont-Gistoux2021€136,002-€489,839-€15,988-€73,6042025
ABV GREEN Wavre2021€126,459€79,410€775€7,6082025
MONEY FOR THE GOOD Tubize2021€135,656€68,849-€10,277-€7,2952025
NOMAD FINANCE Chastre2021€120,712€89,935-€14,836-€17,6162025
JLH CONSULTING Villers-la-Ville2021€115,702€93,031-€32,900-€60,6962025
GOLD-ORAK Wavre2020€117,294-€10,161-€302-€33,5882025

They were chosen from the 54,693 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 1,133 companies had the same profile as INANGA has now. Two years later, 6.4% had gone bankrupt and 86.4% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
6.4% went bankrupt
6.6% stopped otherwise
86.4% was still going

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

The bankruptcy probability of INANGA itself is lower: 0.1% within 12 months. It rests on far more data about INANGA than the profile alone.

Test of the method

The method was tested on the 497,445 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 1,133 companies, not a prediction for INANGA. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines

Source: Annual accounts 2025 (PDF), filed on 01-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€128,309€132,514▲
Fixed assets21/28€1,602€2,797▲
Tangible fixed assets22/27€1,452€2,647▲
Furniture and vehicles24€1,452€2,647▲
Financial fixed assets28€150€150=
Current assets29/58€126,707€129,716▲
Amounts receivable within one year40/41€73,453€44,617▼
Trade receivables40€71,712€35,366▼
Other amounts receivable41€1,742€9,250▲
Cash at bank and in hand54/58€53,241€84,640▲
Deferred charges and accrued income490/1€13€459▲
Equity and liabilities
Total equity and liabilities10/49€128,309€132,514▲
Equity10/15€54,017€39,739▼
Contributions10/11€5,000€5,000=
Reserves13€49,827€49,827=
Distributable reserves133€49,827€49,827=
Profit (loss) carried forward14-€811-€15,089▼
Amounts payable17/49€74,292€92,775▲
Amounts payable within one year42/48€73,534€32,775▼
Trade debts44€73,534€26,107▼
Suppliers440/4€73,534€26,107▼
Taxes, remuneration and social security45-€6,667
Taxes450/3-€2,877
Remuneration and social security454/9-€3,790
Accrued charges and deferred income492/3€758€60,000▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€711€542▼
Other operating charges640/8€13,655€9,296▼
Gross operating margin9900€22,247-€2,690▼
Operating profit (loss)9901€7,881-€12,527▼
Financial income75/76B€97€657▲
Recurring financial income75€97€657▲
Financial charges65/66B€547€606▲
Recurring financial charges65€547€606▲
Profit (loss) for the period before taxes9903€7,431-€12,476▼
Income taxes67/77-€1,802
Profit (loss) for the period9904€7,431-€14,278▼
Profit (loss) for the period to be appropriated9905€7,431-€14,278▼
Appropriation of the result
Profit (loss) to be appropriated9906-€811-€15,089▼
Profit (loss) brought forward from the previous period14P-€8,242-€811▲

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2022202320242025Change
Remuneration, social security and pensions62€41,358€811---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€340€562€711€542▼ 23.8%
Other operating charges640/8€701€762€13,655€9,296▼ 31.9%
Gross operating margin9900€128,941-€5,346€22,247-€2,690-
Operating profit (loss)9901€86,542-€7,482€7,881-€12,527-
Financial income75/76B€10,160€1,666€97€657▲ 578%
Recurring financial income75€10,160€1,666€97€657▲ 578%
Financial charges65/66B€9,321€12,425€547€606▲ 10.8%
Recurring financial charges65€9,321€12,425€547€606▲ 10.8%
Profit (loss) for the period before taxes9903€87,381-€18,242€7,431-€12,476-
Income taxes67/77€27,553--€1,802-
Profit (loss) for the period9904€59,827-€18,242€7,431-€14,278-
Profit (loss) for the period to be appropriated9905€59,827-€18,242€7,431-€14,278-
Line2022202320242025Change
Assets
Total assets20/58€404,161€202,988€128,309€132,514▲ 3.3%
Fixed assets21/28€1,497€934€1,602€2,797▲ 74.7%
Tangible fixed assets22/27€1,347€784€1,452€2,647▲ 82.4%
Furniture and vehicles24€1,347€784€1,452€2,647▲ 82.4%
Financial fixed assets28€150€150€150€150=
Current assets29/58€402,664€202,054€126,707€129,716▲ 2.4%
Amounts receivable within one year40/41€90,047€131,104€73,453€44,617▼ 39.3%
Trade receivables40€90,047€124,626€71,712€35,366▼ 50.7%
Other amounts receivable41-€6,478€1,742€9,250▲ 431%
Cash at bank and in hand54/58€311,984€69,579€53,241€84,640▲ 59.0%
Deferred charges and accrued income490/1€633€1,371€13€459▲ 36×
Equity and liabilities
Total equity and liabilities10/49€404,161€202,988€128,309€132,514▲ 3.3%
Equity10/15€64,827€46,586€54,017€39,739▼ 26.4%
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13€49,827€49,827€49,827€49,827=
Distributable reserves133€49,827€49,827€49,827€49,827=
Profit (loss) carried forward14€10,000-€8,242-€811-€15,089▼ 1,762%
Amounts payable17/49€339,334€156,403€74,292€92,775▲ 24.9%
Amounts payable within one year42/48€306,953€156,018€73,534€32,775▼ 55.4%
Trade debts44€242,104€127,297€73,534€26,107▼ 64.5%
Suppliers440/4€242,104€127,297€73,534€26,107▼ 64.5%
Taxes, remuneration and social security45€64,850€27,553-€6,667-
Taxes450/3€56,870€27,553-€2,877-
Remuneration and social security454/9€7,980--€3,790-
Other amounts payable47/48-€1,168---
Accrued charges and deferred income492/3€32,380€384€758€60,000▲ 79×
Line2022202320242025Change
Profit (loss) for the period9904€59,827-€18,242€7,431-€14,278-
+ Depreciation and write-downs630€340€562€711€542▼ 23.8%
Operating cash flow (approximation)€60,168-€17,680€8,142-€13,736-
Investment in fixed assets (approximation)-€0-€1,378-€1,738▼ 26.1%
Change in cash--€242,405-€16,338€31,399-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2025 full format 01-06-2026 2026-00129100 PDF
31-12-2024 full format 30-09-2025 2025-00534956 PDF
31-12-2023 abbreviated format 27-09-2025 2025-00508505 NBB
31-12-2023 full format 30-08-2024 2024-00429509 PDF
31-12-2022 full format 29-09-2023 2023-00473913 PDF

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