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Generated 08-08-2026
Active BE 0759.969.561Public limited company

Indecs Consulting (EU)

Terhulpensesteenweg 1 ·1180 Ukkel, Belgium· 5 yrs active
Sector: Head offices & management consulting (70200)
Conclusion Checked

The computed 12-month bankruptcy probability of Indecs Consulting (EU) is 0.5% (very low). The 2026 annual accounts show equity of €186k and a net result of €72k. Equity is growing by ~46.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 31 sector peers (fiscal year 2026). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €186k
Net result €72k
Better than sector 36%
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health78Profitability100Solvency52Growth78Stability94
80 / 100

Exceptional profile, strong across almost every axis.

Health 78
Profitability 100
Solvency 52
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.5% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2026 · computed
78 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 09-06-2026 with the NBB · fiscal year 2026 · volledig
€-50k€0€50k€100kOperating result 2022: €-16k€-16kNet result 2022: €-17k€-17kOperating result 2023: €381€381Net result 2023: €-675€-675Operating result 2024: €36k€36kNet result 2024: €32k€32kOperating result 2025: €51k€51kNet result 2025: €38k€38kOperating result 2026: €97k€97kNet result 2026: €72k€72k20222023202420252026
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~46.1%/year over 5 fiscal years, indicative, assuming unchanged policy.
€0€100k€200k€300k2027: €185k (€170k - €200k)2028: €221k (€206k - €236k)2029: €256k (€241k - €271k)2022: €45k2023: €44k2024: €77k2025: €115k2026: €186k20222023202420252026202720282029
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2026 · NACE 70, Head offices & management consulting · compared across all schema types (micro, abbreviated and full combined)
Metric This company Sector median Position in the sector
Solvency 28.0% 68.3%
better than 36% of 31 sector peers
Net result €72k €44k
better than 70% of 31 sector peers
Equity €186k €88k
better than 70% of 31 sector peers
Gross operating margin €97k €56k
better than 70% of 31 sector peers
Total assets €666k €140k
better than 88% of 31 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€72k
+87.8% +222% vs sector
Total assets
€666k
-21.2% far above sector median
Equity
€186k
+62.4% far above sector median
Working capital
€186k
+62.4% far above sector median
Income taxes
€24k
+71.3% +59% vs sector
Debt
€480k
-34.3% far above sector median
Debt ≤ 1y
€480k
-34.3% far above sector median
Current ratio
1.39
+20.0% -15% vs sector
Quick ratio
1.39
+20.0% -15% vs sector
Solvency
28.0%
+106.0% -43% vs sector
Debt / equity
2.58
-59.5% +150% vs sector
ROE
38.4%
+15.6% +85% vs sector
ROA
10.7%
+138.2% -15% vs sector
Figures by fiscal year
Fiscal year2026
Revenue-
EBITDA-
Net profit€72k
Cash flow-
Staff costs-
Income taxes€24k
Dividends-
Total assets€666k
Equity€186k
Debt€480k
of which ≤ 1y€480k
of which > 1y-
Working capital€186k
Employees (FTE)-
Ratios (computed)
2026
Current ratio1.39
Quick ratio1.39
Working capital ratio28.0%
Solvency28.0%
Debt / equity2.58
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA10.7%
ROE38.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2026
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2026
Balance sheet, Assets
TOTAL ASSETS 20/58€666k
Current assets 29/58€666k
Amounts receivable within one year 40/41€443k
Cash & bank 54/58€222k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€666k
Equity 10/15€186k
Contributions / capital 10/11€62k
Reserves 13€124k
Amounts payable 17/49€480k
Amounts payable within one year 42/48€480k
Trade debts payable within one year 44€454k
Income statement
Gross operating margin 9900€97k
Operating result 9901€97k
Financial charges 65€856
Result before taxes 9903€96k
Income taxes 67/77€24k
Net result for the period 9904€72k
Result to be appropriated 9905€72k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Head offices & management consulting(70200)
Legal form Public limited company(014)
Incorporation18-12-2020
StatusActive
Postal code1180
Establishment units 1 location
Indecs Consulting (EU)
Terhulpensesteenweg 1, 1180 UkkelOverige dienstverlenende activiteiten op het gebied van informatie, n.e. g.
since 20202.310.924.535
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614H0026/00P009 Brussels 927 m² 1 · 402 m² 14.6 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
09-06-2026
NBB filing Annual accounts filed
fiscal year 2026 · volledig
2025
26-06-2025
NBB filing Annual accounts filed
fiscal year 2025 · volledig
2024
10-12-2024
State Gazette act Director changes
21-06-2024
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2023
02-08-2023
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2022
13-06-2022
NBB filing Annual accounts filed
fiscal year 2022 · volledig
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2024
10-12-2024 3 directors appointed Director changes
  • Benjamin Gibbs, Bestuurder
  • Nicholas Coffey, Bestuurder
  • Barry Williams, Bestuurder
Technical details 
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990Risicoanalisten en schadetaxateurs66210Activiteiten van risicoanalisten en schadetaxateurs66210Verzekeringsagenten en -makelaars66220Activiteiten van verzekeringsagenten en -makelaars66220
Primary activity highlighted.
Names & trade names
Legal nameFR Indecs Consulting (EU)
Registered office
Terhulpensesteenweg 1
1180 Ukkel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative