IndacoVesta
ActiveIndacoVesta has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €23k. Equity is growing by ~64.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 1994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.34 against 7.4 in 2024; short-term debt: 15.5% and cash: 96.8% of total assets), and 15.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 dateAge against the risk zone
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
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.3%
Return on assets
31.6%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
31 d early
2023
45 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€62k▲ 60.0%
2024 · €39k
2023: €12k
2024: €39k
2023 → 2025
Total assets
€74k▲ 65.3%
2024 · €45k
2023: €17k
2024: €45k
2023 → 2025
Net result
€23k▼ 12.1%
2024 · €27k
2023: €9k
2024: €27k
2023 → 2025
Working capital
€61k▲ 65.2%
2024 · €37k
2023: €10k
2024: €37k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€12k-€39k▲ 215%€62k▲ 60.0%
Operating result€12k-€34k▲ 187%€30k▼ 12.4%
Net result€9k-€27k▲ 184%€23k▼ 12.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€1k▼ 27.6%
Current assets
€73k▲ 69.6%
Equity and liabilities €74k
Equity
€62k▲ 60.0%
Debt
€12k▲ 101%
The debt ratio rises from 12.9% to 15.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▼
2024 · €35k
Cash flow
€24k▼
2024 · €28k
Solvency
84.3%▼
2024 · 87.1%
Current ratio
6.34▼
2024 · 7.40
Quick ratio
6.34▼
2024 · 7.40
Debt / equity
0.19▲
2024 · 0.15
ROE
37.5%▼
2024 · 68.3%
ROA
31.6%▼
2024 · 59.4%
Interest coverage
332.62▲
2024 · 194.60
Debt
€12k▲
2024 · €6k
Debt ≤ 1 year
€11k▲
2024 · €6k
Income taxes
€7k▼
2024 · €7k
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€45k€74k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€43k€73k▲
Amounts receivable within one year40/41€1k€932▼
Trade receivables40€1k€932▼
Cash at bank and in hand54/58€42k€72k▲
Equity and liabilities
Total equity and liabilities10/49€45k€74k▲
Equity10/15€39k€62k▲
Contributions10/11€3k€3k=
Outside capital11€3k€3k=
Other1109/19€3k€3k=
Reserves13€35k€35k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€944€24k▲
Amounts payable17/49€6k€12k▲
Amounts payable within one year42/48€6k€11k▲
Financial debts43€51-
Credit institutions430/8€51-
Trade debts44-€400
Suppliers440/4-€400
Taxes, remuneration and social security45€6k€11k▲
Taxes450/3€6k€11k▲
Other amounts payable47/48€88€184▲
Accrued charges and deferred income492/3-€193
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€545▼
Gross operating margin9900€35k€31k▼
Operating profit (loss)9901€34k€30k▼
Financial charges65/66B€182€92▼
Recurring financial charges65€182€92▼
Profit (loss) for the period before taxes9903€34k€30k▼
Income taxes67/77€7k€7k▼
Profit (loss) for the period9904€27k€23k▼
Profit (loss) for the period to be appropriated9905€27k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€24k▼
Profit (loss) brought forward from the previous period14P€9k€944▼
Transfer to equity691/2€35k-
To other reserves6921€35k-
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €27k ▲184%
Operating result €34k, net result €27k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 7.40
Current ratio from 3.14 to 7.40.
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 2023
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.
Woudlaan 231050 ElseneGround area
967 m²
Building footprint
249 m²
Volume, LiDAR
3,891 m³
Parcel 21446D0131/00S004, Brussels · tallest building 19.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
IndacoVesta
since 20232.347.484.726
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0131/00S004 | Brussels | 967 m² | 1 · 249 m² | 19.8 m · 5 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.
Similar companies · same sector, comparable size
Quality Design
BE 0895.942.082
Knokke-Heist · Eq €62k
INTERIOR AND MORE
BE 0694.911.958
Alken · Eq €62k
Diagonaal
BE 0663.723.686
Opwijk · Eq €63k
ASLI CICEK interior architecture
BE 0799.818.448
Vorst · Eq €63k
TESIGN
BE 0819.784.315
Westerlo · Eq €62k
Of 3,918 companies in sector 71112 we hold annual accounts for 1,295. 1,081 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-07-2023
Fiscal year end31-12
Activities, NACEBEL
71112Activities of interior architects
70200Business and other management consultancy
70220Business consulting
85520Cultural education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.