Summary
INCENDIN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €16.4m and a net result of €1.9m. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 29% of 2,997 sector peers (NACE 64, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Group and network
Holdings and subsidiaries
7 holdingsHoldings 7
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100%
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100%
- Firespray International-03227176GBsubsidiarySourceown accounts 2025Equity GBP 3.5mResult GBP 822,905100%
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100%
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100%
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100%
- INCENDIN ITALIA S.R.L.ITsubsidiarySourceLEI registerconsolidated
According to the 2025 annual accounts of INCENDIN and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.