INCRESCO
ActiveINCRESCO 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 €32.30M and a net result of €781k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 33 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-04-2026, 95 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
95 d early
2024
98 d early
2023
105 d early
2022
102 d early
2021
87 d early
2020
94 d early
2019
87 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€32.30M▲ 2.5%
2024 · €31.52M
2018: €40.96M
2019: €41.05M
2020: €42.54M
2021: €32.42M
2022: €42.52M
2023: €30.22M
2024: €31.52M
2018 → 2025
Net result
€781k▼ 39.9%
2024 · €1.30M
2018: €700k
2019: €83k
2020: €1.49M
2021: €881k
2022: €10.11M
2023: €17.70M
2024: €1.30M
2018 → 2025
Total assets
€33.30M▲ 0.7%
2024 · €33.08M
2018: €44.42M
2019: €42.72M
2020: €53.91M
2021: €51.94M
2022: €54.75M
2023: €61.53M
2024: €33.08M
2018 → 2025
Solvency
97.0%▲ 1.7pp
2024 · 95.3%
2018: 92.2%
2019: 96.1%
2020: 78.9%
2021: 62.4%
2022: 77.7%
2023: 49.1%
2024: 95.3%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32.42M-€42.52M▲ 31.2%€30.22M▼ 28.9%€31.52M▲ 4.3%€32.30M▲ 2.5%
Operating result€1.26M-€13.59M▲ 977%€23.03M▲ 69.5%€1.38M▼ 94.0%€1.00M▼ 27.5%
Net result€881k-€10.11M▲ 1,047%€17.70M▲ 75.2%€1.30M▼ 92.7%€781k▼ 39.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 27% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33.30M
Fixed assets
€27.76M▼ 2.8%
Current assets
€5.54M▲ 22.7%
Equity and liabilities €33.30M
Equity
€32.30M▲ 2.5%
Debt
€1,000k▼ 35.6%
The debt ratio falls from 4.7% to 3.0%: equity grows while debt is paid down.
Key figures and ratios
Solvency
97.0%▲
2024 · 95.3%
ROE
2.4%▼
2024 · 4.1%
ROA
2.3%▼
2024 · 3.9%
Debt
€1,000k▼
2024 · €1.55M
Debt ≤ 1 year
€235k▼
2024 · €807k
Income taxes
€274k▼
2024 · €472k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€33.08M€33.30M▲
Fixed assets21/28€28.56M€27.76M▼
Tangible fixed assets22/27€28.56M€27.76M▼
Land and buildings22€20.20M€19.40M▼
Other tangible fixed assets26€8.36M€8.36M=
Financial fixed assets28€1€1=
Current assets29/58€4.52M€5.54M▲
Stocks and contracts in progress3€362k€230k▼
Stocks30/36€362k€230k▼
Amounts receivable within one year40/41€3.79M€4.96M▲
Trade receivables40€400k€1.61M▲
Other amounts receivable41€3.39M€3.35M▼
Deferred charges and accrued income490/1€364k€349k▼
Equity and liabilities
Total equity and liabilities10/49€33.08M€33.30M▲
Equity10/15€31.52M€32.30M▲
Contributions10/11€16.07M€16.07M=
Capital10€16.00M€16.00M=
Issued capital100€16.00M€16.00M=
Outside capital11€72k€72k=
Share premium1100/10€72k€72k=
Reserves13€2.60M€2.60M=
Non-distributable reserves130/1€1.60M€1.60M=
Legal reserve130€1.60M€1.60M=
Tax-exempt reserves132€1.00M€1.00M=
Distributable reserves133€104€104=
Profit (loss) carried forward14€12.85M€13.63M▲
Amounts payable17/49€1.55M€1,000k▼
Amounts payable within one year42/48€807k€235k▼
Trade debts44€294k€168k▼
Suppliers440/4€294k€168k▼
Taxes, remuneration and social security45€513k€66k▼
Taxes450/3€513k€66k▼
Accrued charges and deferred income492/3€746k€765k▲
Income statement
Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€807k€798k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€118k€39k▼
Other operating charges640/8€960€1k▲
Non-recurring operating charges66A€114-
Gross operating margin9900€2.31M€1.84M▼
Operating profit (loss)9901€1.38M€1.00M▼
Financial income75/76B€389k€54k▼
Recurring financial income75€389k€54k▼
Financial charges65/66B€684€1k▲
Recurring financial charges65€684€1k▲
Profit (loss) for the period before taxes9903€1.77M€1.05M▼
Income taxes67/77€472k€274k▼
Profit (loss) for the period9904€1.30M€781k▼
Profit (loss) for the period to be appropriated9905€1.30M€781k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12.85M€13.63M▲
Profit (loss) brought forward from the previous period14P€11.55M€12.85M▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 23.63
Current ratio from 5.59 to 23.63; short-term debt falls from €807k to €235k.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 5current ratio 5.59
Current ratio from 1.08 to 5.59; short-term debt falls from €30.58M to €807k.
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €17.70M ▲75.2%
Operating result €23.03M, net result €17.70M, both a record.
20-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity times 15current ratio 2.55
Current ratio from 0.18 to 2.55.
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity triplescurrent ratio 2.00
Current ratio from 0.69 to 2.00; short-term debt falls from €1.29M to €857k.
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €83k ▼88.1%
Net result drops to €83k, the lowest in the series; recovery starts the following year.
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
01-02
State Gazette act
Power of attorney · Mandate compensation
2015
01-12
State Gazette act
Power of attorney
Damien HISETTE
01-12
State Gazette act
Power of attorney
01-12
State Gazette act
Power of attorney
01-12
State Gazette act
Power of attorney
01-12
State Gazette act
Power of attorney
Damien HISETTE
01-12
State Gazette act
Power of attorney · Mandate compensation
01-12
State Gazette act
Power of attorney · Mandate compensation
Damien HISETTE
01-12
State Gazette act
Power of attorney · Mandate compensation
01-12
State Gazette act
Power of attorney · Mandate compensation
Prior deed date · Sub delegation
2011
08-02
State Gazette act
Power of attorney · Mandate compensation
Dissolution · Ratification
08-02
State Gazette act
Power of attorney · Mandate compensation
Dissolution · Ratification
08-02
State Gazette act
Power of attorney · Mandate compensation
Dissolution
08-02
State Gazette act
Power of attorney
Damien HISETTE
07-02
State Gazette act
Power of attorney · Mandate compensation
Dissolution · Ratification
07-02
State Gazette act
Power of attorney · Mandate compensation
Dissolution · Previous mandate date
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
23 acts for this company are 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, Brussel · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kunstlaan 581000 BrusselGround area
3,149 m²
Building footprint
3,026 m²
Volume, LiDAR
70,303 m³
Parcel 21805E0482/00C000, Brussels · tallest building 31.9 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Incresco
since 19892.043.411.797
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0482/00C000 | Brussels | 3,149 m² | 1 · 3,026 m² | 31.9 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 127 companies in sector 65122 we hold annual accounts for 59. 4 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-03-1989
Fiscal year end31-12
Activities, NACEBEL
65122Insurance, reinsurance and pension funding, except compulsory social security
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.