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INCREDES

Active
Private limited company (pre-2019)founded 200719 yrs activeOnze-Lieve-Vrouwstraat 3, 3580 Beringen, BelgiumKBO/BCE: BE 0891.001.121
Summary

The computed 12-month bankruptcy probability of INCREDES is 4.4% (elevated). The 2025 annual accounts show negative equity (-€107,032) and a net result of -€24,948. Equity is shrinking by ~21.7% per year across the filed fiscal years. The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
INCREDESActiveChecked score 35/100
Risk analysis ReportCompare

Overview

Activity
Activity not known
Size
€330,416total assets 2025
Equity
-€107,032
Loss
-€24,948
Turnover not published (abridged schema)
Financial health
35 Weak Checked score 2025
Bankruptcy chance 12 m
4.4%
Structure
Accounts filed 107 d late0 of 4 deeds read
Why 35- Liquidity: current ratio 0.00- Latest accounts 108 days late; 2 of the last 3 late- No establishment unit in the KBO+ Size: total assets €330,416Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 9% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -32.4% of total assets
Liquidity 0=
short-term debt 124.8%
Profitability 19-5
return on assets -7.6%
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.6%lowest value 12-2024: 2.7%▲ +4.4% vs 11-2024 01-2025: 3.0%▲ +8.7% vs 12-2024 02-2025: 3.8%▲ +28.7% vs 01-2025 03-2025: 4.2%▲ +10.3% vs 02-2025 04-2025: 5.5%▲ +30.0% vs 03-2025 05-2025: 5.8%▲ +6.0% vs 04-2025 06-2025: 7.4%▲ +26.9% vs 05-2025 07-2025: 11.1%▲ +51.4% vs 06-2025 08-2025: 11.1%▼ -0.6% vs 07-2025 09-2025: 11.4%▲ +2.9% vs 08-2025 10-2025: 10.9%▼ -4.0% vs 09-2025 11-2025: 11.2%▲ +2.2% vs 10-2025 12-2025: 11.2%● 0.0% vs 11-2025 01-2026: 11.4%▲ +1.7% vs 12-2025 02-2026: 13.9%▲ +22.1% vs 01-2026highest value 03-2026: 13.9%● 0.0% vs 02-2026highest value 04-2026: 13.9%● 0.0% vs 03-2026highest value 05-2026: 13.9%● 0.0% vs 04-2026highest value 06-2026: 4.4%▼ -68.1% vs 05-2026 07-2026: 4.8%▲ +9.5% vs 06-2026 08-2026: 4.8%● 0.0% vs 07-2026 09-2026: 4.8%▼ -2.0% vs 08-2026 10-2026: 4.4%▼ -7.9% vs 09-2026
  • Size: total assets €330,416 lowers the probability for this profile
  • Liquidity: current ratio 0.00 raises the probability
  • Latest accounts 108 days late; 2 of the last 3 late raises the probability
  • No establishment unit in the KBO raises the probability
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 124.8% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 1%, profitability 16%, growth against the median 13%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Size: total assets €330,416
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.00
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Latest accounts 108 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · No establishment unit in the KBO
In the bankruptcy model this factor raises the probability.
KBO · seat and establishments
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€107,032
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-05-2026, 107 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 filings
Deviation from the deadline
2025
107 d late
2024
472 d late
2023
on the day
2022
170 d late
2021
53 d late
2020
41 d early
2019
60 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 100 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 18 May (4 of the last 5 filed years within 107 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close04-10-2026 today31-01-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€107,032 View
  • Risk: 6 loss-making years in a rowloss fiscal year 2025 -€24,948 View
  • Caution: Latest accounts filed lateafter the legal deadline 107 d View

By topic

Financials

Fiscal year
2025
Total assets
€330,416
Loss
-€24,948
Solvency
-32.4%
Total assets▼ 0.1%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2016
Next accounts
by 31-01-2027
  1. 18-05-2026Annual accounts filed
  2. 18-05-2026Annual accounts filed
  3. 31-01-2024Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Founded
23-07-2007
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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