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INBETWEEN

Active
Private limited company (pre-2019)founded 200125 yrs activeNachtegaalstraat 18, 9870 Zulte, BelgiumKBO/BCE: BE 0474.747.395
Summary

INBETWEEN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€17,944) and a net result of -€12,484. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-80
Solvency0▼-16
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.38 in 2024; short-term debt: 148.2% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-48.2%
Return on assets
-33.5%
Age of the figures
18 mo
lowers risk · 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
highest failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€17,944
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-10-2025, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 d early
2024
8 d early
2023
4 d early
2022
31 d early
2021
4 d early
2020
30 d late
2019
15 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close26-09-2026 today31-10-2026 deadline
neutral · 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

History

On 11 May 2001, INBETWEEN was incorporated.1 Total assets went from EUR 73,275 in 2019 to EUR 37,262 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€17,944▼ 229%
2024 · -€5,460
Total assets
€37,262▼ 35.3%
2024 · €57,618
Net result
-€12,484
2024 · €5,126
Working capital
-€48,283▼ 24.0%
2024 · -€38,925
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
Line20212022202320242025
Operating result-€25,578€5,016€5,851▲ 16.6%€6,485▲ 10.8%-€11,402
Net result-€26,712€3,999€4,428▲ 10.7%€5,126▲ 15.8%-€12,484
Equity-€19,013-€15,014▲ 21.0%-€10,586▲ 29.5%-€5,460▲ 48.4%-€17,944▼ 229%
Total assets€50,022▼ 29.5%€51,081▲ 2.1%€54,797▲ 7.3%€57,618▲ 5.1%€37,262▼ 35.3%
Debt€69,035▲ 9.2%€66,095▼ 4.3%€65,383▼ 1.1%€63,078▼ 3.5%€55,206▼ 12.5%
Working capital-€59,388▼ 65.7%-€52,580▲ 11.5%-€45,341▲ 13.8%-€38,925▲ 14.2%-€48,283▼ 24.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2021: -€25,578-€25,578Net result 2021: -€26,712-€26,712Operating result 2022: €5,016€5,016Net result 2022: €3,999€3,999Operating result 2023: €5,851€5,851Net result 2023: €4,428€4,428Operating result 2024: €6,485€6,485Net result 2024: €5,126€5,126Operating result 2025: -€11,402-€11,402Net result 2025: -€12,484-€12,48420212022202320242025-€15,000-€10,000-€5,000€0€5,000Operating result 2023: €5,851€5,850Net result 2023: €4,428€4,430Operating result 2024: €6,485€6,490Net result 2024: €5,126€5,130Operating result 2025: -€11,402-€11,400Net result 2025: -€12,484-€12,500202320242025
The operating result turns negative in 2025: a loss of €11,402 after €6,485 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,262
Fixed assets €30,339 ▼ 9.3%
Current assets €6,923 ▼ 71.3%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€8,276▼
2024 · €9,515
Cash flow
-€9,358▼
2024 · €8,156
Solvency
-48.2%▼
2024 · -9.5%
Current ratio
0.13▼
2024 · 0.38
Debt to equity
-3.08▲
2024 · -11.55
ROA
-33.5%▼
2024 · 8.9%
Interest coverage
-7.28▼
2024 · 6.86
Debt ≤ 1 year
€55,206▼
2024 · €63,078
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€57,618€37,262▼
Fixed assets21/28€33,465€30,339▼
Tangible fixed assets22/27€32,895€29,769▼
Land and buildings22€31,379€28,601▼
Furniture and vehicles24€1,516€1,168▼
Financial fixed assets28€570€570=
Current assets29/58€24,153€6,923▼
Amounts receivable within one year40/41€17,360€6,923▼
Trade receivables40€15,620€6,046▼
Other amounts receivable41€1,740€877▼
Cash at bank and in hand54/58€6,793-
Equity and liabilities
Total equity and liabilities10/49€57,618€37,262▼
Equity10/15-€5,460-€17,944▼
Contributions10/11€118,600€118,600=
Reserves13€1,182€1,182=
Non-distributable reserves130/1€1,182€1,182=
Reserves not available under the articles1311€1,182€1,182=
Profit (loss) carried forward14-€125,242-€137,726▼
Amounts payable17/49€63,078€55,206▼
Amounts payable within one year42/48€63,078€55,206▼
Financial debts43-€1,487
Credit institutions430/8-€1,487
Trade debts44€10,797€3,790▼
Suppliers440/4€10,797€3,790▼
Taxes, remuneration and social security45€2,197€17▼
Taxes450/3€2,197€17▼
Other amounts payable47/48€50,084€49,912▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,030€3,126▲
Other operating charges640/8€1,765€7,202▲
Gross operating margin9900€11,280-€1,074▼
Operating profit (loss)9901€6,485-€11,402▼
Financial income75/76B€29€55▲
Recurring financial income75€29€55▲
Financial charges65/66B€1,388€1,137▼
Recurring financial charges65€1,388€1,137▼
Profit (loss) for the period before taxes9903€5,126-€12,484▼
Profit (loss) for the period9904€5,126-€12,484▼
Profit (loss) for the period to be appropriated9905€5,126-€12,484▼
Appropriation of the result
Profit (loss) to be appropriated9906-€125,242-€137,726▼
Profit (loss) brought forward from the previous period14P-€130,368-€125,242▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,801€2,810€2,810€3,030€3,126▲ 3.2%
Other operating charges640/8-€1,645€1,615€1,765€7,202▲ 308%
Gross operating margin9900-€15,147€9,471€10,276€11,280-€1,074▼ 110%
Operating profit (loss)9901-€25,578€5,016€5,851€6,485-€11,402▼ 276%
Financial income75/76B--€29€29€55▲ 89.7%
Recurring financial income75--€29€29€55▲ 89.7%
Financial charges65/66B-€1,017€1,452€1,388€1,137▼ 18.1%
Recurring financial charges65€1,134€1,017€1,452€1,388€1,137▼ 18.1%
Profit (loss) for the period before taxes9903-€26,712€3,999€4,428€5,126-€12,484▼ 344%
Profit (loss) for the period9904-€26,712€3,999€4,428€5,126-€12,484▼ 344%
Profit (loss) for the period to be appropriated9905-€26,712€3,999€4,428€5,126-€12,484▼ 344%
Line20212022202320242025Change
Assets
Total assets20/58€50,022€51,081€54,797€57,618€37,262▼ 35.3%
Fixed assets21/28€40,375€37,566€34,755€33,465€30,339▼ 9.3%
Tangible fixed assets22/27€39,805€36,996€34,185€32,895€29,769▼ 9.5%
Land and buildings22-€36,996€34,185€31,379€28,601▼ 8.9%
Furniture and vehicles24---€1,516€1,168▼ 23.0%
Financial fixed assets28€570€570€570€570€570=
Current assets29/58€9,647€13,515€20,042€24,153€6,923▼ 71.3%
Amounts receivable within one year40/41€6,227€11,164€14,285€17,360€6,923▼ 60.1%
Trade receivables40-€11,164€14,285€15,620€6,046▼ 61.3%
Other amounts receivable41---€1,740€877▼ 49.6%
Cash at bank and in hand54/58€3,420€2,351€5,757€6,793--
Equity and liabilities
Total equity and liabilities10/49€50,022€51,081€54,797€57,618€37,262▼ 35.3%
Equity10/15-€19,013-€15,014-€10,586-€5,460-€17,944▼ 229%
Contributions10/11-€118,600€118,600€118,600€118,600=
Reserves13€1,182€1,182€1,182€1,182€1,182=
Non-distributable reserves130/1-€1,182€1,182€1,182€1,182=
Reserves not available under the articles1311-€1,182€1,182€1,182€1,182=
Profit (loss) carried forward14-€138,795-€134,796-€130,368-€125,242-€137,726▼ 10.0%
Amounts payable17/49€69,035€66,095€65,383€63,078€55,206▼ 12.5%
Amounts payable within one year42/48€69,035€66,095€65,383€63,078€55,206▼ 12.5%
Financial debts43----€1,487-
Credit institutions430/8----€1,487-
Trade debts44€3,461€3,478€3,076€10,797€3,790▼ 64.9%
Suppliers440/4-€3,478€3,076€10,797€3,790▼ 64.9%
Taxes, remuneration and social security45-€1,557€983€2,197€17▼ 99.2%
Taxes450/3-€1,557€983€2,197€17▼ 99.2%
Other amounts payable47/48-€61,060€61,324€50,084€49,912▼ 0.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€26,712€3,999€4,428€5,126-€12,484▼ 344%
+ Depreciation and write-downs630€8,801€2,810€2,810€3,030€3,126▲ 3.2%
Operating cash flow (approximation)-€17,911€6,809€7,238€8,156-€9,358▼ 215%
Investment in fixed assets (approximation)--€1€1-€1,740€0▲ 100%
Change in cash--€1,069€3,406€1,036--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
06-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
23-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
27-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial Back to profitnet €3,999
Net result €3,999 after one loss-making year.
2021
27-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Weakest financial yearnet -€26,712
Net result drops to -€26,712, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
16-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
22-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Zulte · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
389 m²
Building footprint
91 m²
Volume, LiDAR
466 m³
Parcel 44081C0143/00F006, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INBETWEEN
Nachtegaalstraat 18, 9870 ZulteManufacture of rubber and plastic products
since 20012.093.290.781
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44081C0143/00F006 Flanders 389 m² 1 · 91 m² 7.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,856 companies in sector 18130 we hold annual accounts for 832. 390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded11-05-2001
Fiscal year end31-03
Activities, NACEBEL 2025
18130Pre-press and pre-media services
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
90393Specialised image, lighting and sound technical services

Scores and ratios are computed by Checked and are not a credit decision.