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INDATEL

Active
Private limited company (pre-2019)founded 201313 yrs activeBoswachtersdreef (Heide) 42, 2920 Kalmthout, BelgiumKBO/BCE: BE 0526.941.018

The computed 12-month bankruptcy probability of INDATEL is 1.5% (moderate). The 2025 annual accounts show equity of €29k and a net result of €-3k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 29% of 92 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
44 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▼-3
Solvency40▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.1 against 1.41 in 2024; short-term debt: 34.4% and cash: 4.7% of total assets), and 84.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
15.3%
Return on assets
-1.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
61 d late
2022
3 d early
2021
30 d early
2020
29 d early
2019
29 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 months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, abbreviated schema

Equity
€29k▼ 9.9%
2024 · €33k
2018: €11k 2019: €15k 2020: €24k 2021: €24k 2022: €31k 2023: €34k 2024: €33k
2018 → 2025
Total assets
€193k▼ 5.4%
2024 · €204k
2018: €71k 2019: €109k 2020: €71k 2021: €65k 2022: €207k 2023: €218k 2024: €204k
2018 → 2025
Net result
€-3k▼ 160%
2024 · €-1k
2018: €-6k 2019: €4k 2020: €10k 2021: €40 2022: €7k 2023: €3k 2024: €-1k
2018 → 2025
Working capital
€6k▼ 73.9%
2024 · €25k
2018: €11k 2019: €15k 2020: €24k 2021: €24k 2022: €50k 2023: €37k 2024: €25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€24k-€31k▲ 27.2%€34k▲ 9.8%€33k▼ 3.7%€29k▼ 9.9%
Operating result€690-€11k▲ 1,544%€6k▼ 45.7%€799▼ 87.0%€-3k
Net result€40-€7k▲ 16,491%€3k▼ 54.1%€-1k€-3k▼ 160%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2021: €690€690Net result 2021: €40€40Operating result 2022: €11k€11kNet result 2022: €7k€7kOperating result 2023: €6k€6kNet result 2023: €3k€3kOperating result 2024: €799€799Net result 2024: €-1k€-1kOperating result 2025: €-3k€-3kNet result 2025: €-3k€-3k20212022202320242025
The operating result turns negative in 2025: a loss of €3k after €799 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €193k
Fixed assets €120k=
Current assets €73k▼ 13.2%
Equity and liabilities €193k
Equity €29k▼ 9.9%
Debt €163k▼ 4.6%
The debt ratio rises from 83.9% to 84.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Solvency
15.3%
2024 · 16.1%
Current ratio
1.10
2024 · 1.41
Quick ratio
0.99
2024 · 1.32
Debt / equity
5.54
2024 · 5.22
ROE
-11.0%
2024 · -3.8%
ROA
-1.7%
2024 · -0.6%
Debt
€163k
2024 · €171k
Debt ≤ 1 year
€66k
2024 · €59k
Debt > 1 year
€97k
2024 · €112k
Staff costs
€10k
2024 · €146
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€204k€193k
Fixed assets21/28€120k€120k=
Financial fixed assets28€120k€120k=
Current assets29/58€84k€73k
Stocks and contracts in progress3€6k€7k
Stocks30/36€6k€7k
Amounts receivable within one year40/41€63k€56k
Trade receivables40€58k€50k
Other amounts receivable41€4k€6k
Cash at bank and in hand54/58€14k€9k
Deferred charges and accrued income490/1€890€847
Equity and liabilities
Total equity and liabilities10/49€204k€193k
Equity10/15€33k€29k
Contributions10/11€10k€10k=
Reserves13€23k€19k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€21k€18k
Amounts payable17/49€171k€163k
Amounts payable after more than one year17€112k€97k
Financial debts170/4€112k€97k
Amounts payable within one year42/48€59k€66k
Current portion of amounts payable after more than one year42€10k€10k
Trade debts44€46k€50k
Suppliers440/4€46k€50k
Taxes, remuneration and social security45€3k€5k
Taxes450/3€3k€5k
Other amounts payable47/48€755€755=
Income statement Code20242025
Remuneration, social security and pensions62€146€10k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€505€541
Gross operating margin9900€1k€11k
Operating profit (loss)9901€799€-3k
Financial income75/76B-€297
Recurring financial income75-€297
Financial charges65/66B€1k€822
Recurring financial charges65€1k€822
Profit (loss) for the period before taxes9903€-355€-3k
Income taxes67/77€893-
Profit (loss) for the period9904€-1k€-3k
Profit (loss) for the period to be appropriated9905€-1k€-3k
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-3k
Transfer from equity791/2€1k€3k
Social balance
Average headcount (FTE)9087-0.2

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €10k ▲139%
Operating result €14k, net result €10k, both a record.
02-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
05-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Kalmthout · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Boswachtersdreef (Heide) 422920 Kalmthout
Ground area
4,127 m²
Building footprint
827 m²
Volume, LiDAR
4,710 m³
2 parcels, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INDATEL
Kalmthoutsesteenweg 225, 2910 EssenTelecommunications resale and intermediation services
since 20132.219.370.985
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11662E0592/00E022 Flanders 2,096 m² 1 · 197 m² 12.2 m · 1 fl.
11642C0548/00L002 Flanders 2,031 m² 1 · 630 m² 11.0 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 1,377 companies in sector 61100 we hold annual accounts for 586. 362 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded17-04-2013
Fiscal year end31-12
Activities, NACEBEL
61100Wired, wireless and satellite telecommunications
61200Telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.