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inCluneer

Active
Private limited companyfounded 20233 yrs activeHoefstraat 12, 3560 Lummen, BelgiumKBO/BCE: BE 0805.879.463
Summary

inCluneer has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€17,263) and a net result of -€32,263. Its solvency ranks better than 6% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42; short-term debt: 135.6% and cash: 19.3% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
-35.6%
Return on assets
-66.5%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
52 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 15 September 2023, inCluneer was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
-€17,263
Total assets
€48,535
Net result
-€32,263
Working capital
-€38,394

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €48,535
Fixed assets €21,131
Current assets €27,403
Key figures and ratios
2025 value
EBITDA
-€10,967
Cash flow
-€11,271
Solvency
-35.6%
Current ratio
0.42
Quick ratio
0.38
Debt to equity
-3.81
ROA
-66.5%
Interest coverage
-113.60
Debt
€65,797
Debt ≤ 1 year
€65,797
Income taxes
€208

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,657 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€48,535
Fixed assets21/28€21,131
Intangible fixed assets21€3,923
Tangible fixed assets22/27€17,208
Plant, machinery and equipment23€298
Furniture and vehicles24€16,910
Current assets29/58€27,403
Stocks and contracts in progress3€2,329
Stocks30/36€2,329
Amounts receivable within one year40/41€12,984
Trade receivables40€12,984
Cash at bank and in hand54/58€9,386
Deferred charges and accrued income490/1€2,704
Equity and liabilities
Total equity and liabilities10/49€48,535
Equity10/15-€17,263
Contributions10/11€15,000
Profit (loss) carried forward14-€32,263
Amounts payable17/49€65,797
Amounts payable within one year42/48€65,797
Trade debts44€12,054
Suppliers440/4€12,054
Taxes, remuneration and social security45€1,350
Taxes450/3€1,350
Other amounts payable47/48€52,393
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,992
Other operating charges640/8€983
Gross operating margin9900-€9,984
Operating profit (loss)9901-€31,958
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€97
Recurring financial charges65€97
Profit (loss) for the period before taxes9903-€32,055
Income taxes67/77€208
Profit (loss) for the period9904-€32,263
Profit (loss) for the period to be appropriated9905-€32,263
Appropriation of the result
Profit (loss) to be appropriated9906-€32,263

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,992
Other operating charges640/8€983
Gross operating margin9900-€9,984
Operating profit (loss)9901-€31,958
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€97
Recurring financial charges65€97
Profit (loss) for the period before taxes9903-€32,055
Income taxes67/77€208
Profit (loss) for the period9904-€32,263
Profit (loss) for the period to be appropriated9905-€32,263
Line2025
Assets
Total assets20/58€48,535
Fixed assets21/28€21,131
Intangible fixed assets21€3,923
Tangible fixed assets22/27€17,208
Plant, machinery and equipment23€298
Furniture and vehicles24€16,910
Current assets29/58€27,403
Stocks and contracts in progress3€2,329
Stocks30/36€2,329
Amounts receivable within one year40/41€12,984
Trade receivables40€12,984
Cash at bank and in hand54/58€9,386
Deferred charges and accrued income490/1€2,704
Equity and liabilities
Total equity and liabilities10/49€48,535
Equity10/15-€17,263
Contributions10/11€15,000
Profit (loss) carried forward14-€32,263
Amounts payable17/49€65,797
Amounts payable within one year42/48€65,797
Trade debts44€12,054
Suppliers440/4€12,054
Taxes, remuneration and social security45€1,350
Taxes450/3€1,350
Other amounts payable47/48€52,393
Line2025
Profit (loss) for the period9904-€32,263
+ Depreciation and write-downs630€20,992
Operating cash flow (approximation)-€11,271

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

2025
10-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Lummen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
7,044 m²
Building footprint
540 m²
Volume, LiDAR
2,586 m³
Parcel 71037C2388/00H000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
inCluneer
Hoefstraat 12, 3560 LummenOther manufacturing
since 20232.349.782.042
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71037C2388/00H000 Flanders 7,044 m² 1 · 540 m² 7.8 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.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 3 entries · 9,072 EUR awarded · 9,000 EUR paid
Year Entries awardedpaid
2024 2 72 EUR9,000 EUR
2023 1 9,000 EUR0 EUR
Schemes
2 entries · 9,000 EUR · 9,000 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
1 entry · 72 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-09-2023
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805879463
Also 9925:BE0805879463
Registered 05-05-2025

Register as of 28 September 2026 · Peppol Directory

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