INCI
Open bankruptcyA bankruptcy procedure is open for INCI according to publications in the Belgian State Gazette; curator: Mr. Lambrechts.
Summary
The 2024 annual accounts show negative equity (-€10,177) and a net result of €12,904.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Rechtbank van koophandel te Mechelen
- Declared bankrupt
- 20 April 2009
- Official Gazette
- 28-04-2009 (pdf) ↗search the document for 2009/015477
Deadlines
- Provisional date payments stopped
- 20 April 2009A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 13 May 2009Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- First verification report
- passed on 15 June 2009Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 20 April 2010Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Mr. LambrechtsMaria Fabi, advocaat te 2590 Berlaar, Ezenhoek 15
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Overview
What they do
Activity not known
How big
€193,321total assets 2024
- Equity
- -€10,177
- Profit
- €12,904
Turnover not published (abridged schema)
Financially healthy?
Open bankruptcy: no score
Who decides
Accounts 62 d overdue0 of 5 deeds read
Signals- Open bankruptcy- Filed more than 90 days lateShow the evidence
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · 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 10-02-2026, 194 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 filingsDeviation from the deadline
2024
194 d late
2023
232 d late
2022
29 d late
2021
8 d late
2020
20 d late
2019
5 d late
2018
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 74 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Financials
Fiscal year 2024Total assets €193,321Profit €12,904Solvency -5.3%Liquidity 0.06
Total assets
€193,321▲ 2.4%
2018 - 2024
Net result
€12,904▲ 80.8%
2018 - 2024
Equity
-€10,177▲ 55.9%
2018 - 2024
Solvency
-5.3%▲ 7.0pp
2018 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8,950€14,573▲ 62.8%€10,932▼ 25.0%€7,763▼ 29.0%€14,003▲ 80.4%
Net result€8,406€13,633▲ 62.2%€7,623▼ 44.1%€7,136▼ 6.4%€12,904▲ 80.8%
Equity-€51,473▲ 14.0%-€37,839▲ 26.5%-€30,217▲ 20.1%-€23,081▲ 23.6%-€10,177▲ 55.9%
Total assets€217,590▼ 2.3%€207,443▼ 4.7%€200,748▼ 3.2%€188,821▼ 5.9%€193,321▲ 2.4%
Debt€269,062▼ 4.8%€245,283▼ 8.8%€230,965▼ 5.8%€211,902▼ 8.3%€203,497▼ 4.0%
Working capital-€90,984▲ 0.7%-€85,158▲ 6.4%-€82,778▲ 2.8%-€85,302▼ 3.0%-€89,777▼ 5.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 80% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €193,321
Fixed assets
€187,229 =
Current assets
€6,092 ▲ 262%
Equity and liabilities
Equity-€10,177
Debt€203,497
Equity is negative: debt (€203,497) exceeds the balance-sheet total (€193,321).
Key figures and ratios
Key figures and ratios
EBITDA
€23,592▲
2023 · €17,287
Cash flow
€22,493▲
2023 · €16,659
Solvency
-5.3%▲
2023 · -12.2%
Current ratio
0.06▲
2023 · 0.02
ROA
6.7%▲
2023 · 3.8%
Interest coverage
22.03▼
2023 · 27.54
Debt ≤ 1 year
€95,869▲
2023 · €86,986
Debt > 1 year
€107,629▼
2023 · €124,917
Income taxes
€28
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €8,420 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,300 | - | €9,300 | €9,523 | €9,589 | ▲ 0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €9,300 | - | - | - | - |
| Other operating charges640/8 | - | €4,085 | €1,879 | €2,154 | €3,577 | ▲ 66.0% |
| Gross operating margin9900 | €20,406 | €27,958 | €22,111 | €19,441 | €27,169 | ▲ 39.7% |
| Operating profit (loss)9901 | €8,950 | €14,573 | €10,932 | €7,763 | €14,003 | ▲ 80.4% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - |
| Financial charges65/66B | - | €940 | €648 | €628 | €1,071 | ▲ 70.6% |
| Recurring financial charges65 | €544 | €940 | €648 | €628 | €1,071 | ▲ 70.6% |
| Profit (loss) for the period before taxes9903 | €8,406 | €13,633 | €10,284 | €7,136 | €12,932 | ▲ 81.2% |
| Income taxes67/77 | - | - | €2,661 | - | €28 | - |
| Profit (loss) for the period9904 | €8,406 | €13,633 | €7,623 | €7,136 | €12,904 | ▲ 80.8% |
| Profit (loss) for the period to be appropriated9905 | €8,406 | €13,633 | €7,623 | €7,136 | €12,904 | ▲ 80.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €217,590 | €207,443 | €200,748 | €188,821 | €193,321 | ▲ 2.4% |
| Fixed assets21/28 | €213,305 | €204,005 | €194,705 | €187,138 | €187,229 | = |
| Tangible fixed assets22/27 | €213,305 | €204,005 | €194,705 | €187,138 | €187,229 | = |
| Land and buildings22 | - | €204,005 | €194,705 | €187,138 | €177,581 | ▼ 5.1% |
| Other tangible fixed assets26 | - | - | - | - | €9,648 | - |
| Current assets29/58 | €4,285 | €3,438 | €6,043 | €1,684 | €6,092 | ▲ 262% |
| Cash at bank and in hand54/58 | €4,285 | €3,438 | €6,043 | €1,190 | €5,566 | ▲ 368% |
| Deferred charges and accrued income490/1 | - | - | - | €494 | €525 | ▲ 6.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €217,590 | €207,443 | €200,748 | €188,821 | €193,321 | ▲ 2.4% |
| Equity10/15 | -€51,473 | -€37,839 | -€30,217 | -€23,081 | -€10,177 | ▲ 55.9% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | - | - | - | - |
| Issued capital100 | - | €18,592 | - | - | - | - |
| Outside capital11 | - | - | €18,592 | - | - | - |
| Other1109/19 | - | - | €18,592 | - | - | - |
| Profit (loss) carried forward14 | -€70,065 | -€56,431 | -€48,809 | -€41,673 | -€28,769 | ▲ 31.0% |
| Amounts payable17/49 | €269,062 | €245,283 | €230,965 | €211,902 | €203,497 | ▼ 4.0% |
| Amounts payable after more than one year17 | €173,794 | €156,686 | €142,144 | €124,917 | €107,629 | ▼ 13.8% |
| Financial debts170/4 | - | €156,686 | €139,519 | €122,292 | €105,004 | ▼ 14.1% |
| Other amounts payable178/9 | - | - | €2,625 | €2,625 | €2,625 | = |
| Amounts payable within one year42/48 | €95,269 | €88,596 | €88,821 | €86,986 | €95,869 | ▲ 10.2% |
| Current portion of amounts payable after more than one year42 | - | €17,107 | €17,107 | €17,227 | €15,861 | ▼ 7.9% |
| Trade debts44 | - | - | €1,210 | €1,120 | €12,100 | ▲ 980% |
| Suppliers440/4 | - | - | €1,210 | €1,120 | €12,100 | ▲ 980% |
| Taxes, remuneration and social security45 | - | - | €2,661 | €2,661 | €1,680 | ▼ 36.9% |
| Taxes450/3 | - | - | €2,661 | €2,661 | €1,680 | ▼ 36.9% |
| Other amounts payable47/48 | - | €71,489 | €67,844 | €65,978 | €66,228 | ▲ 0.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,406 | €13,633 | €7,623 | €7,136 | €12,904 | ▲ 80.8% |
| + Depreciation and write-downs630 | €9,300 | - | €9,300 | €9,523 | €9,589 | ▲ 0.7% |
| Operating cash flow (approximation) | €17,706 | €13,633 | €16,923 | €16,659 | €22,493 | ▲ 35.0% |
| Investment in fixed assets (approximation) | - | €9,300 | €0 | -€1,956 | -€9,680 | ▼ 395% |
| Change in cash | - | -€847 | €2,605 | -€4,853 | €4,376 | ▲ 190% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Mr. Lambrechts Maria Fabi, advocaat te 2590 Berlaar, Ezenhoek 15 |
20-04-2009 → present |
Timeline
14 eventsLatest 10-02-2026
History
Acts, filings and financial milestones
2026
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 194 days late
2025
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 232 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Highest result since 2018net €13,633 ▲62.2%
Operating result €14,573, net result €13,633, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Back to profitnet €8,406
Net result €8,406 after 2 loss-making years.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Weakest financial yearnet -€5,722
Net result drops to -€5,722, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2009
28-04
Bankruptcy
Opening
Rechtbank van koophandel te Mechelen · event 20-04-2009
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company (pre-2019) · founded 23-07-2001Year ends 31-12Peppol not found
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded23-07-2001
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Willebroek
Ground area
308 m²
Building footprint
219 m²
Volume, LiDAR
1,866 m³
Parcel 12342C0231/00H000, Flanders · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12342C0231/00H000 | Flanders | 308 m² | 1 · 219 m² | 15.3 m · 4 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.
Go further with this company
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