INDEFF
ActiveINDEFF has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-189k) and a net result of €-62k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 2820 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
20
/ 100
Critical▼ -12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency43▼-2
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.95 against 1.01 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 2024Solvency, return and age of the figures
Solvency
-5%
Return on assets
-1.7%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€189k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-03-2026, 235 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
235 d late
2023
31 d late
2022
114 d late
2021
135 d late
2020
53 d early
2019
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-189k▼ 49.4%
2023 · €-126k
2018: €151k
2019: €208k
2020: €172k
2021: €250k
2022: €428k
2023: €-126k
2018 → 2024
Total assets
€3.75M▲ 11.2%
2023 · €3.37M
2018: €2.52M
2019: €2.18M
2020: €2.49M
2021: €3.43M
2022: €3.04M
2023: €3.37M
2018 → 2024
Net result
€-62k▲ 88.8%
2023 · €-555k
2018: €21k
2019: €56k
2020: €-36k
2021: €78k
2022: €178k
2023: €-555k
2018 → 2024
Working capital
€-190k
2023 · €38k
2018: €111k
2019: €158k
2020: €120k
2021: €612k
2022: €687k
2023: €38k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€172k-€250k▲ 45.6%€428k▲ 71.1%€-126k€-189k▼ 49.4%
Operating result€111k-€290k▲ 163%€404k▲ 39.2%€-391k€62k
Net result€-36k-€78k€178k▲ 127%€-555k€-62k▲ 88.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €62k after a loss of €391k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.75M
Fixed assets
€9k▼ 39.6%
Current assets
€3.74M▲ 11.4%
Key figures and ratios
EBITDA
€68k▲
2023 · €-379k
Cash flow
€-56k▲
2023 · €-543k
Solvency
-5.0%▼
2023 · -3.7%
Current ratio
0.95▼
2023 · 1.01
Quick ratio
0.95▼
2023 · 1.01
Debt / equity
-20.88▲
2023 · -27.71
ROE
33.1%▼
2023 · 439.0%
ROA
-1.7%▲
2023 · -16.4%
Interest coverage
0.46▲
2023 · -2.38
Debt
€3.94M▲
2023 · €3.50M
Debt ≤ 1 year
€3.93M▲
2023 · €3.32M
Income taxes
€6k▼
2023 · €7k
Staff costs
€2.35M▼
2023 · €2.60M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.37M€3.75M▲
Fixed assets21/28€15k€9k▼
Tangible fixed assets22/27€13k€8k▼
Plant, machinery and equipment23€3k-
Furniture and vehicles24€10k€8k▼
Financial fixed assets28€1k€1k=
Current assets29/58€3.36M€3.74M▲
Amounts receivable within one year40/41€3.25M€3.72M▲
Trade receivables40€3.25M€3.72M▲
Cash at bank and in hand54/58€69k€1k▼
Deferred charges and accrued income490/1€41k€21k▼
Equity and liabilities
Total equity and liabilities10/49€3.37M€3.75M▲
Equity10/15€-126k€-189k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€-147k€-209k▼
Amounts payable17/49€3.50M€3.94M▲
Amounts payable within one year42/48€3.32M€3.93M▲
Financial debts43€634k€500k▼
Credit institutions430/8€634k€500k▼
Trade debts44€1.11M€908k▼
Suppliers440/4€1.11M€908k▼
Taxes, remuneration and social security45€1.52M€2.37M▲
Taxes450/3€817k€1.22M▲
Remuneration and social security454/9€704k€1.15M▲
Other amounts payable47/48€55k€155k▲
Accrued charges and deferred income492/3€179k€7k▼
Income statement
Code20232024
Remuneration, social security and pensions62€2.60M€2.35M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€6k▼
Other operating charges640/8€66k€55k▼
Gross operating margin9900€2.29M€2.47M▲
Operating profit (loss)9901€-391k€62k▲
Financial income75/76B€2k€28k▲
Recurring financial income75€2k€28k▲
Financial charges65/66B€159k€146k▼
Recurring financial charges65€159k€146k▼
Profit (loss) for the period before taxes9903€-548k€-56k▲
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€-555k€-62k▲
Profit (loss) for the period to be appropriated9905€-555k€-62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-555k€-209k▲
Profit (loss) brought forward from the previous period14P-€-147k
Transfer from equity791/2€408k-
Social balance
Average headcount (FTE)908726.123.7▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 235 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-555k ▼412%
Net result drops to €-555k, the lowest in the series; recovery starts the following year.
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 114 days late
2022
31-12
Financial
Highest result since 2018net €178k ▲127%
Operating result €404k, net result €178k, both a record.
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 135 days late
2021
31-12
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
31-12
Financial
Equity above €200kEq €250k ▲45.6%
Equity rises from €172k to €250k.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €208k ▲37.1%
2 profitable years in a row build equity to €208k.
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2014
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.
Luchthavenlei 72100 AntwerpenGround area
1.5 ha
Building footprint
6,646 m²
Volume, LiDAR
41,310 m³
Parcel 11346B0784/00G002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INDEFF
since 20142.232.474.497
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0784/00G002 | Flanders | 1.5 ha | 1 · 6,646 m² | 8.8 m · 2 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
VARGA CONSULTING
BE 0544.668.361
Schaarbeek · Eq €428k
AUREALYS
BE 0821.998.784
Vorst · Eq €428k
ExpectIT
BE 0871.467.497
Jabbeke · Eq €429k
ARTIOS
BE 0871.228.561
Vilvoorde · Eq €428k
COBOSYSTEMS
BE 0437.812.963
Elsene · Eq €428k
Of 29,880 companies in sector 62200 we hold annual accounts for 18,324. 12,558 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2014
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.