IncaF
ActiveIncaF has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.36M and a net result of €396k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+25
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340k at 30 days acceptable
Liquidity ample (current ratio 6.29 against 4.59 in 2024), and 10.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
89.8%
Return on assets
10.6%
Age of the figures
8 mo
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
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
49 d early
2023
29 d early
2022
9 d late
2021
54 d early
2020
64 d early
2019
4 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.36M▲ 11.5%
2024 · €3.02M
2018: €1.29M
2019: €1.49M
2020: €1.78M
2021: €1.97M
2022: €2.30M
2023: €2.86M
2024: €3.02M
2018 → 2025
Total assets
€3.75M▲ 8.0%
2024 · €3.47M
2018: €1.68M
2019: €1.96M
2020: €2.19M
2021: €2.36M
2022: €2.70M
2023: €3.61M
2024: €3.47M
2018 → 2025
Net result
€396k▲ 94.0%
2024 · €204k
2018: €319k
2019: €248k
2020: €317k
2021: €199k
2022: €331k
2023: €650k
2024: €204k
2018 → 2025
Working capital
€2.02M▲ 25.0%
2024 · €1.62M
2018: €113k
2019: €297k
2020: €360k
2021: €384k
2022: €745k
2023: €1.43M
2024: €1.62M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.97M-€2.30M▲ 16.8%€2.86M▲ 24.3%€3.02M▲ 5.4%€3.36M▲ 11.5%
Operating result€153k-€195k▲ 27.3%€361k▲ 85.3%€263k▼ 27.2%€201k▼ 23.5%
Net result€199k-€331k▲ 66.7%€650k▲ 96.4%€204k▼ 68.6%€396k▲ 94.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.75M
Fixed assets
€1.34M▼ 4.1%
Current assets
€2.40M▲ 16.2%
Equity and liabilities €3.75M
Equity
€3.36M▲ 11.5%
Debt
€382k▼ 15.3%
The debt ratio falls from 13.0% to 10.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€280k▼
2024 · €340k
Cash flow
€475k▲
2024 · €282k
Solvency
89.8%▲
2024 · 87.0%
Current ratio
6.29▲
2024 · 4.59
Quick ratio
6.29▲
2024 · 4.59
Debt / equity
0.11▼
2024 · 0.15
ROE
11.8%▲
2024 · 6.8%
ROA
10.6%▲
2024 · 5.9%
Interest coverage
27.56▲
2024 · 24.03
Debt
€382k▼
2024 · €451k
Debt ≤ 1 year
€382k▼
2024 · €451k
Income taxes
€101k▼
2024 · €136k
Staff costs
€-19▼
2024 · €12k
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€3.47M€3.75M▲
Fixed assets21/28€1.40M€1.34M▼
Tangible fixed assets22/27€442k€384k▼
Land and buildings22€323k€291k▼
Plant, machinery and equipment23€17k€12k▼
Furniture and vehicles24€89k€62k▼
Other tangible fixed assets26€13k€20k▲
Financial fixed assets28€960k€960k=
Current assets29/58€2.07M€2.40M▲
Amounts receivable after more than one year29€1.07M€1.02M▼
Other amounts receivable291€1.07M€1.02M▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€809k€989k▲
Trade receivables40€195€20k▲
Other amounts receivable41€809k€969k▲
Current investments50/53€705€705=
Cash at bank and in hand54/58€116k€275k▲
Deferred charges and accrued income490/1€72k€116k▲
Equity and liabilities
Total equity and liabilities10/49€3.47M€3.75M▲
Equity10/15€3.02M€3.36M▲
Contributions10/11€12k€12k=
Reserves13€3.01M€3.35M▲
Tax-exempt reserves132€0-
Distributable reserves133€3.01M€3.35M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€451k€382k▼
Amounts payable within one year42/48€451k€382k▼
Financial debts43€201k€264k▲
Credit institutions430/8€201k€264k▲
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€243k€111k▼
Taxes450/3€241k€111k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€18k€15k▼
Remuneration, social security and pensions62€12k€-19▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€79k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€354k€281k▼
Operating profit (loss)9901€263k€201k▼
Financial income75/76B€91k€307k▲
Recurring financial income75€91k€307k▲
Non-recurring financial income76B€0-
Financial charges65/66B€14k€10k▼
Recurring financial charges65€14k€10k▼
Profit (loss) for the period before taxes9903€340k€497k▲
Income taxes67/77€136k€101k▼
Profit (loss) for the period9904€204k€396k▲
Transfer from tax-exempt reserves789€126k€0▼
Profit (loss) for the period to be appropriated9905€330k€396k▲
Appropriation of the result
Profit (loss) to be appropriated9906€331k€396k▲
Profit (loss) brought forward from the previous period14P€559€0▼
Transfer from equity791/2€50k€50k=
Transfer to equity691/2€331k€396k▲
To other reserves6921€331k€396k▲
Profit to be distributed694/7€50k€50k=
Return on contributions (dividend)694€50k€50k=
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
27-08
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital · Pol Vanden Broecke
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €650k ▲96.4%
Net result €650k, the highest in the series.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Equity above €2MEq €2.30M ▲16.8%
5 profitable years in a row build equity to €2.30M.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €199k ▼37.3%
Net result drops to €199k, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Maarkedal · 1 establishment unit since 2006
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.
Hofveldstraat 669688 MaarkedalGround area
3,319 m²
Building footprint
217 m²
Volume, LiDAR
1,353 m³
Parcel 45044A0141/00C002, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hofveldstraat 66, 9688 Maarkedal
since 20062.153.621.219
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45044A0141/00C002 | Flanders | 3,319 m² | 1 · 217 m² | 11.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 890 EUR awarded · 890 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 890 EUR | 890 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
967600O16TL7B94EL478
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 14,662 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2006
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.