InArch

Active

Private limited companyfounded 201313 yrs activeZ. 3 Doornveld 150, 1731 Asse, BelgiumKBO/BCE: BE 0534.590.358

InArch has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €565k and a net result of €260k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 62% of 19348 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability85▲+66

Solvency72▲+7

Growth85▲+17

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days only on tighter terms

Liquidity ample (current ratio 1.51 against 1.31 in 2023; short-term debt: 51.3% and cash: 2% of total assets), but 53% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

47%

Return on assets

21.6%

Age of the figures

21 mo

Growing equity

Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €565k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-02-2026, 197 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

197 d late

2023

104 d late

2022

57 d late

2021

58 d late

2020

420 d late

2019

57 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€3.48M▲ 10.3%

2023 · €3.15M

2021: €181k 2023: €3.15M

2021 → 2024

EBIT margin

10.0%▲ 10.3pp

2023 · -0.4%

2021: 6.2% 2023: -0.4%

2021 → 2024

Net result

€260k

2023 · €-13k

2018: €-277 2019: €-483 2020: €-725 2021: €10k 2022: €301k 2023: €-13k

2018 → 2024

Working capital

€313k▲ 126%

2023 · €139k

2018: €9k 2019: €9k 2020: €8k 2021: €3k 2022: €290k 2023: €139k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€181k€3.15M€3.48M▲ 10.3%

Equity€8k-€18k▲ 126%€318k▲ 1,633%€305k▼ 4.1%€565k▲ 85.3%

Operating result€-654-€11k€423k▲ 3,651%€-12k€347k

Net result€-725-€10k€301k▲ 3,062%€-13k€260k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €347k after a loss of €12k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.20M

22.7%

77.3%

Fixed assets €273k▲ 64.2%

Current assets €930k▲ 57.6%

Equity and liabilities €1.20M

47.0%

53.0%

Equity €565k▲ 85.3%

Debt €637k▲ 41.3%

The debt ratio falls from 59.6% to 53.0%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€375k▲

2023 · €334

Cash flow

€288k▲

2023 · €-1k

Solvency

47.0%▲

2023 · 40.4%

Current ratio

1.51▲

2023 · 1.31

Quick ratio

1.51▲

2023 · 1.31

Debt / equity

1.13▼

2023 · 1.48

ROE

46.0%▲

2023 · -4.3%

ROA

21.6%▲

2023 · -1.7%

Interest coverage

160.22▲

2023 · 0.21

Debt

€637k▲

2023 · €451k

Debt ≤ 1 year

€616k▲

2023 · €451k

Debt > 1 year

€21k

Income taxes

€85k▲

2023 · €0

Staff costs

€284

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€756k€1.20M▲

Formation expenses20€0-

Fixed assets21/28€166k€273k▲

Tangible fixed assets22/27€151k€258k▲

Land and buildings22€126k€122k▼

Furniture and vehicles24€25k€136k▲

Financial fixed assets28€15k€15k=

Current assets29/58€590k€930k▲

Amounts receivable within one year40/41€568k€898k▲

Trade receivables40€428k€545k▲

Other amounts receivable41€140k€353k▲

Cash at bank and in hand54/58€12k€25k▲

Deferred charges and accrued income490/1€10k€7k▼

Equity and liabilities

Total equity and liabilities10/49€756k€1.20M▲

Equity10/15€305k€565k▲

Contributions10/11€12k€12k=

Outside capital11€12k-

Other1109/19€12k-

Reserves13€2k€2k=

Non-distributable reserves130/1-€2k

Financial assistance1313-€2k

Distributable reserves133€2k-

Profit (loss) carried forward14€291k€551k▲

Amounts payable17/49€451k€637k▲

Amounts payable after more than one year17-€21k

Financial debts170/4-€21k

Amounts payable within one year42/48€451k€616k▲

Trade debts44€363k€532k▲

Suppliers440/4€363k€214k▼

Bills of exchange payable441€0€318k▲

Taxes, remuneration and social security45€88k€84k▼

Taxes450/3€88k€84k▼

Accrued charges and deferred income492/3€0-

Income statement Code20232024

Turnover70€3.15M€3.48M▲

Goods, raw materials, services and sundry goods60/61€3.16M€3.10M▼

Remuneration, social security and pensions62-€284

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€28k▲

Other operating charges640/8€4k€3k▼

Gross operating margin9900€4k€378k▲

Operating profit (loss)9901€-12k€347k▲

Financial income75/76B€1€136▲

Recurring financial income75€1€136▲

Financial charges65/66B€2k€2k▲

Recurring financial charges65€2k€2k▲

Profit (loss) for the period before taxes9903€-13k€345k▲

Income taxes67/77€0€85k▲

Profit (loss) for the period9904€-13k€260k▲

Profit (loss) for the period to be appropriated9905€-13k€260k▲

Appropriation of the result

Profit (loss) to be appropriated9906€291k€551k▲

Profit (loss) brought forward from the previous period14P€304k€291k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 16Financial 6Filings 10

2026

13-02

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 197 days late

2024

31-12

Financial Back to profitnet €260k

Net result €260k after one loss-making year.

31-12

Financial Equity above €500kEq €565k ▲85.3%

Equity rises from €305k to €565k.

12-11

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 104 days late

2023

31-12

Financial Weakest financial yearnet €-13k ▼104%

Net result drops to €-13k, the lowest in the series; recovery starts the following year.

26-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 57 days late

2022

31-12

Financial Highest result since 2018net €301k ▲3062%

Operating result €423k, net result €301k, both a record.

31-12

Financial Equity above €200kEq €318k ▲1633%

2 profitable years in a row build equity to €318k.

27-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 58 days late

24-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 420 days late

2021

30-09

Financial Back to profitnet €10k

Net result €10k after 3 loss-making years.

2020

04-03

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

29-03

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

07-11

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 191 days late

2017

16-05

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 16 days late

2016

29-03

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.

Directors · office · real estate

Directors

no sitting director, no change since 2021

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

25-01-2021 Vadim Loghin: Resigned as Managing director

06-11-2020 Pierre Dauffenbach: Resigned as Managing director

Location & real-estate footprint

Registered office, Asse · 1 establishment unit since 2013

establishment The establishment unit on the map

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.

Z. 3 Doornveld 1501731 Asse

Ground area

1,531 m²

Building footprint

1,429 m²