INDEX DENTAL
ActiveSummary
The computed 12-month bankruptcy probability of INDEX DENTAL is 2.3% (moderate). The annual accounts of INDEX DENTAL for fiscal year 2024 show a net loss of 74% of the equity at the start of that year. The 2024 annual accounts show equity of €61k and a net result of €-173k. Equity is shrinking by ~37.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 10% of 161 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-68
Solvency31▼-17
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.72 against 1.2 in 2023; short-term debt: 47.1% and cash: 2.4% of total assets), and 93.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
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
6.3%
Return on assets
-17.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
222324
2022 to 2024 · latest year €-173k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 161 sector peers (2024).
NBB · sector comparisonPosition among 161 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
161 d late
2022
21 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-173k▼ 6,455%
2023 · €-3k
2022: €-88k
2023: €-3k
2022 → 2024
Working capital
€-128k
2023 · €66k
2022: €-28k
2023: €66k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€237k-€234k▼ 1.1%€61k▼ 73.9%
Operating result€-80k-€6k€-153k
Net result€-88k-€-3k▲ 97.0%€-173k▼ 6,455%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €153k after €6k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €971k
Fixed assets
€640k ▲ 4.8%
Current assets
€331k ▼ 18.1%
Equity and liabilities €974k
Equity
€61k ▼ 73.9%
Debt
€913k ▲ 16.2%
Debt's share of the balance-sheet total rises from 77.0% to 93.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-34k▼
2023 · €93k
Cash flow
€-54k▼
2023 · €85k
Current ratio
0.72▼
2023 · 1.20
Quick ratio
0.53▼
2023 · 0.95
Debt to equity
14.94▲
2023 · 3.36
ROE
-283.0%▼
2023 · -1.1%
ROA
-17.8%▼
2023 · -0.3%
Interest coverage
-1.76▼
2023 · 10.90
Debt ≤ 1 year
€459k▲
2023 · €338k
Debt > 1 year
€454k▲
2023 · €448k
Income taxes
€161
Staff costs
€360k▲
2023 · €320k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.02M€974k▼
Formation expenses20€4k€3k▼
Fixed assets21/28€611k€640k▲
Intangible fixed assets21€314k€356k▲
Tangible fixed assets22/27€297k€284k▼
Plant, machinery and equipment23€88k€77k▼
Furniture and vehicles24€34k€45k▲
Leasing and similar rights25€55k€55k=
Other tangible fixed assets26€120k€107k▼
Financial fixed assets28€177€177=
Current assets29/58€404k€331k▼
Stocks and contracts in progress3€84k€86k▲
Stocks30/36€84k€86k▲
Amounts receivable within one year40/41€255k€210k▼
Trade receivables40€202k€169k▼
Other amounts receivable41€53k€41k▼
Cash at bank and in hand54/58€65k€24k▼
Deferred charges and accrued income490/1€1k€11k▲
Equity and liabilities
Total equity and liabilities10/49€1.02M€974k▼
Equity10/15€234k€61k▼
Contributions10/11€325k€325k=
Profit (loss) carried forward14€-91k€-264k▼
Amounts payable17/49€785k€913k▲
Amounts payable after more than one year17€448k€454k▲
Financial debts170/4€297k€261k▼
Other amounts payable178/9€151k€193k▲
Amounts payable within one year42/48€338k€459k▲
Current portion of amounts payable after more than one year42€32k€36k▲
Trade debts44€268k€239k▼
Suppliers440/4€268k€239k▼
Taxes, remuneration and social security45€22k€27k▲
Taxes450/3-€183
Remuneration and social security454/9€22k€27k▲
Other amounts payable47/48€16k€156k▲
Income statement
Code20232024
Remuneration, social security and pensions62€320k€360k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€119k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€503
Other operating charges640/8€2k€5k▲
Gross operating margin9900€415k€331k▼
Operating profit (loss)9901€6k€-153k▼
Financial income75/76B€58€71▲
Recurring financial income75€58€71▲
Financial charges65/66B€9k€20k▲
Recurring financial charges65€9k€20k▲
Profit (loss) for the period before taxes9903€-3k€-173k▼
Income taxes67/77-€161
Profit (loss) for the period9904€-3k€-173k▼
Profit (loss) for the period to be appropriated9905€-3k€-173k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-91k€-264k▼
Profit (loss) brought forward from the previous period14P€-88k€-91k▼
Social balance
Average headcount (FTE)908710.79.0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 161 days late
2024
31-12
Financial
Weakest financial yearnet €-173k
Net result drops to €-173k, the lowest in the series.
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
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, Brussel · 1 establishment unit since 2021
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.
Wetstraat 281040 BrusselGround area
771 m²
Building footprint
1,611 m²
Volume, LiDAR
42,549 m³
Parcel 21805E0158/00E000, Brussels · tallest building 42.2 m, ±11 floors. Linked by address, not a title deed.
1 establishment unit
INDEX DENTAL
since 20212.325.278.357
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0158/00E000 | Brussels | 771 m² | 1 · 1,611 m² | 42.2 m · 11 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
BST Medical
BE 0778.459.939
Beersel · Eq €61,732
DISTRIBIL
BE 0642.930.252
Blégny · Eq €60,367
Zem Optix
BE 0669.909.417
De Haan · Eq €60,195
Tabak
BE 0465.075.804
Wijnegem · Eq €60,053
Pajodent
BE 0757.906.233
Roosdaal · Eq €63,552
Of 1,249 companies in sector 32500 we hold annual accounts for 694. 498 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
32500Manufacture of medical and dental instruments and supplies
86230Dental practice
46460Wholesale of pharmaceutical and medical goods
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.