INDELTO
ActiveThe computed 12-month bankruptcy probability of INDELTO is 1.7% (moderate). The 2024 annual accounts show negative equity (€-14k) and a net result of €2k. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 7447 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability61▲+49
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63 against 0.52 in 2023; short-term debt: 150.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 2024Solvency, return and age of the figures
Solvency
-50.9%
Return on assets
6.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7447 sector peers (2024).
NBB · sector comparisonPosition among 7447 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
55 d late
2022
31 d late
2021
19 d late
2020
20 d late
2019
132 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-14k▲ 11.1%
2023 · €-16k
2018: €31k
2019: €-17k
2020: €-10k
2021: €-15k
2022: €-14k
2023: €-16k
2018 → 2024
Total assets
€27k▲ 29.8%
2023 · €21k
2018: €57k
2019: €14k
2020: €15k
2021: €32k
2022: €34k
2023: €21k
2018 → 2024
Net result
€2k
2023 · €-1k
2018: €3k
2019: €-48k
2020: €7k
2021: €-6k
2022: €823
2023: €-1k
2018 → 2024
Working capital
€-15k▲ 12.7%
2023 · €-17k
2018: €24k
2019: €-20k
2020: €-10k
2021: €-16k
2022: €-17k
2023: €-17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-10k-€-15k▼ 57.5%€-14k▲ 5.4%€-16k▼ 7.9%€-14k▲ 11.1%
Operating result€9k-€-5k€1k€-1k€2k
Net result€7k-€-6k€823€-1k€2k
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: €2k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €27k
Fixed assets
€1k▼ 25.6%
Current assets
€26k▲ 35.5%
Key figures and ratios
EBITDA
€3k▲
2023 · €-216
Cash flow
€2k▲
2023 · €-82
Solvency
-50.9%▲
2023 · -74.4%
Current ratio
0.63▲
2023 · 0.52
Quick ratio
0.38▲
2023 · 0.24
Debt / equity
-2.96▼
2023 · -2.34
ROA
6.4%▲
2023 · -5.4%
Interest coverage
4.15▲
2023 · -0.33
Debt
€41k▲
2023 · €36k
Debt ≤ 1 year
€41k▲
2023 · €36k
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€21k€27k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Current assets29/58€19k€26k▲
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€2k€16k▲
Trade receivables40-€14k
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€7k-
Equity and liabilities
Total equity and liabilities10/49€21k€27k▲
Equity10/15€-16k€-14k▲
Contributions10/11€22k€22k=
Capital10€22k€22k=
Issued capital100€22k€22k=
Reserves13€7k€7k=
Non-distributable reserves130/1€722€722=
Legal reserve130€722€722=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-44k€-43k▲
Amounts payable17/49€36k€41k▲
Amounts payable within one year42/48€36k€41k▲
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€8k€14k▲
Suppliers440/4€8k€14k▲
Taxes, remuneration and social security45€230€460▲
Taxes450/3€230€460▲
Other amounts payable47/48€24k€25k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€500▼
Other operating charges640/8€221€560▲
Gross operating margin9900€5€3k▲
Operating profit (loss)9901€-1k€2k▲
Financial income75/76B€782€101▼
Recurring financial income75€782€101▼
Financial charges65/66B€648€675▲
Recurring financial charges65€648€675▲
Profit (loss) for the period before taxes9903€-1k€2k▲
Profit (loss) for the period9904€-1k€2k▲
Profit (loss) for the period to be appropriated9905€-1k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-43k▲
Profit (loss) brought forward from the previous period14P€-43k€-44k▼
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
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 55 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Back to profitnet €823
Net result €823 after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 132 days late
2019
31-12
Financial
Weakest financial yearnet €-48k ▼1505%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 34 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 52 days late
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, Knokke-Heist · 1 establishment unit since 2016
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.
't Walletje 338300 Knokke-HeistGround area
777 m²
Building footprint
230 m²
Volume, LiDAR
1,029 m³
Parcel 31039F0084/00C004, Flanders · tallest building 5.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INDELTO
since 20162.255.534.169
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039F0084/00C004 | Flanders | 777 m² | 1 · 230 m² | 5.5 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.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 6,860 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-07-2016
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.