INCOSYS
The computed 12-month bankruptcy probability of INCOSYS is 2.3% (moderate). The 2024 annual accounts show equity of €84k and a net result of €-13k. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 26062 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €84k |
| Net result | €-13k |
| Better than sector | 75% |
| Active | 7 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 62.5% | 32.3% | |
| Net result | €-13k | €4k | |
| Equity | €84k | €39k | |
| Gross operating margin | €5k | €31k | |
| Total assets | €135k | €146k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-5k | €34k | €35k | €13k | €28k |
| Net profit | €-13k | €23k | €24k | €5k | €34k |
| Cash flow | €-6k | €26k | €26k | €8k | €37k |
| Staff costs | - | - | - | - | - |
| Income taxes | €3k | €9k | €9k | €4k | €7k |
| Dividends | - | - | - | - | - |
| Total assets | €135k | €160k | €124k | €111k | €93k |
| Equity | €84k | €97k | €75k | €51k | €46k |
| Debt | €51k | €63k | €49k | €61k | €47k |
| of which ≤ 1y | €51k | €63k | €49k | €61k | €47k |
| of which > 1y | - | - | - | - | - |
| Working capital | €72k | €83k | €72k | €47k | €41k |
| Employees (FTE) | - | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 2.43 | 2.32 | 2.48 | 1.78 | 1.87 |
| Quick ratio | 2.43 | 2.32 | 2.48 | 1.78 | 1.87 |
| Working capital ratio | 53.5% | 51.6% | 58.5% | 42.6% | 44.0% |
| Solvency | 62.5% | 60.8% | 60.5% | 45.6% | 49.7% |
| Debt / equity | 0.60 | 0.64 | 0.65 | 1.19 | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | -5.34 | 50.21 | 46.36 | 16.52 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -9.6% | 14.1% | 19.4% | 4.1% | 36.3% |
| ROE | -15.3% | 23.2% | 32.1% | 9.0% | 73.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €135k | €160k | €124k | €111k | €93k |
| Fixed assets | 21/28 | €12k | €15k | €2k | €3k | €5k |
| Intangible fixed assets | 21 | €5k | €8k | - | - | - |
| Tangible fixed assets | 22/27 | €6k | €6k | €2k | €3k | €4k |
| Financial fixed assets | 28 | €811 | €811 | €811 | €811 | €811 |
| Current assets | 29/58 | €123k | €145k | €121k | €108k | €88k |
| Amounts receivable within one year | 40/41 | €73k | €109k | €95k | €62k | €53k |
| Cash & bank | 54/58 | €50k | €37k | €26k | €46k | €35k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €135k | €160k | €124k | €111k | €93k |
| Equity | 10/15 | €84k | €97k | €75k | €51k | €46k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | - |
| Reserves | 13 | €14k | €14k | €14k | €4k | - |
| Accumulated profits (losses) | 14 | €58k | €71k | €48k | €34k | €34k |
| Amounts payable | 17/49 | €51k | €63k | €49k | €61k | €47k |
| Amounts payable within one year | 42/48 | €51k | €63k | €49k | €61k | €47k |
| Trade debts payable within one year | 44 | €38k | €34k | €30k | €26k | €30k |
| Income statement | ||||||
| Gross operating margin | 9900 | €5k | €44k | €41k | €14k | €46k |
| Operating result | 9901 | €-12k | €30k | €34k | €9k | €25k |
| Financial income | 75 | €3k | €2k | €281 | €25 | €14 |
| Financial charges | 65 | €921 | €675 | €765 | €780 | €5k |
| Result before taxes | 9903 | €-10k | €31k | €33k | €8k | €19k |
| Income taxes | 67/77 | €3k | €9k | €9k | €4k | €7k |
| Net result for the period | 9904 | €-13k | €23k | €24k | €5k | €13k |
| Result to be appropriated | 9905 | €-13k | €23k | €24k | €5k | €13k |
| NACE primary | Retail sale of information and communication equipment(47400) |
| Legal form | Private limited company(610) |
| Incorporation | 07-02-2019 |
| Status | Active |
| Postal code | 4000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62814C0393/00V002 | Wallonia | 4,768 m² | - | - |
| 21363B0348/00A002 | Brussels | 3,170 m² | 1 · 2,221 m² | 12.0 m · 3 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-01-2025 Registered office moved from Uccle to Liège
- Rue Edith Cavell 66, à 1180 Uccle → Rue des Guillemins 139, à 4000 Liège
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue des Guillemins 139, \u00E0 4000 Li\u00E8ge",
"city": "Li\u00E8ge",
"region": "waals_gewest",
"street": "des Guillemins",
"country": "BE",
"postcode": "4000",
"box_number": null,
"street_number": "139",
"locality_suffix": null
},
"old_address": {
"raw": "Rue Edith Cavell 66, \u00E0 1180 Uccle",
"city": "Uccle",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Edith Cavell",
"country": "BE",
"postcode": "1180",
"box_number": null,
"street_number": "66",
"locality_suffix": null
},
"effective_date": "2024-09-02",
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2024-12-20",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "conseil_d_administration",
"date": "2024-09-02",
"unanimous": true
},
"subject_company": {
"kbo": "0719.970.127",
"name_full": "INCOSYS",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Houssem Mechergui",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"Bijlagen",
"nexes du Moniteur belge"
]
}| Legal nameFR | INCOSYS |