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INDAGRO LIGHTING

Active
Private limited companyfounded 2017active for 9 yearsSint-Jozefslaan(STE) 1B, 9190 Stekene, BelgiumKBO/BCE: BE 0676.457.511
Summary

INDAGRO LIGHTING has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €88,591 and a net result of €331, of which €6,272 non-recurring income. Equity has been stable since 2019 (±2% per year). Its solvency ranks better than 85% of 913 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 31-05-2017 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 1 other
Establishment unit
2.264.803.807 9190 Stekene, since 31-05-2017
Financial year end
31 March
Peppol
Reachable since 13-05-2025

Board and ownership

Financial position

95 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2026
Gross margin
€2,784
▼ 82.8%
Turnover
≈ €37,000
estimated
Profit
€331
Equity
€88,591
▲ 0.4%
Total assets
€106,605
▼ 37.9%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 5.92, cash €61,125Equity €88,591 (83.1% of total assets)Size: total assets €106,605Show the evidence

Checked score

Score 2026
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2025
Strong
Solvency 100+24
equity 83.1% of total assets
Liquidity 96+20
short-term debt 16.9% · cash 57.3%
Profitability 38-30
return on assets 0.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025highest value 11-2025: 0.2%▼ -0.2 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.2 percentage points vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.92 (1.89 in 2025), above the usual 1.5. Short-term debt is 16.9% and cash 57.3% of total assets. 16.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 93% on liquidity, 19% on profitability and 36% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 5.92, cash €61,125
NBB · annual accounts
lowers risk · Equity €88,591 (83.1% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €106,605
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 02-10-2026, 29 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2026
29 days early
2025
30 days early
2024
3 days early
2023
17 days late
2022
2 days late
2021
31 days early
2020
2 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 28 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 84% of companies in specialised constructionsector median 49.4% · 913 companies 83.1% View

Recent changes

  1. · Gazette deed Resignation: CREVE Erik Désiré Frans (manager)Reappointment: CREVE Erik Désiré Frans (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as INDAGRO LIGHTING: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €76,700 and €133,000, founded between 2012 and 2019.

CompanyTotal assetsGross margin
INDAGRO LIGHTING Stekene€106,605€2,784
SYREC Courcelles€133,408€3,196
A.H.L. Sint-Niklaas€76,745€2,455
HUIS CLAEYS Gent€132,583€2,210
JADEnergy Colfontaine€106,295€4,939
NS.Chauffage Les Bons Villers€105,685€4,307
Solvis Belgium Wommelgem€83,317€2,226
Full comparison

Key facts about INDAGRO LIGHTING

What is the company number of INDAGRO LIGHTING?
The company number of INDAGRO LIGHTING is 0676.457.511. The VAT number is the same number with BE in front: BE 0676.457.511.
Where is INDAGRO LIGHTING based?
The registered office is at Sint-Jozefslaan(STE) 1B, 9190 Stekene.Company details
What does INDAGRO LIGHTING do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of INDAGRO LIGHTING?
The legal form of INDAGRO LIGHTING is Private limited company (BV).
When was INDAGRO LIGHTING founded?
INDAGRO LIGHTING was founded on 31-05-2017.
Is INDAGRO LIGHTING still active?
Yes, INDAGRO LIGHTING is an active enterprise in the KBO register.
What is the turnover of INDAGRO LIGHTING?
The turnover in financial year 2026 is ≈ €37,000. This figure is estimated from the gross margin of €2,784 and 32 comparable companies (NACE 43222). It probably lies between €23,000 and €52,000. It is a rough estimate.Financials
Is INDAGRO LIGHTING profitable?
In financial year 2026, INDAGRO LIGHTING made a profit of €331.
Where can I find the annual accounts of INDAGRO LIGHTING?
INDAGRO LIGHTING filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of INDAGRO LIGHTING due?
INDAGRO LIGHTING must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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