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INDIGO

Active
Non-profit associationfounded 200323 yrs activeGoswin de Stassartstraat 9, 2800 Mechelen, BelgiumKBO/BCE: BE 0864.295.536
Summary

The latest annual accounts of INDIGO were filed more than 90 days after the deadline. The 2012 annual accounts show negative equity (-€176,782) and a net result of €62,207. Equity remains stable across the filed fiscal years (±0.8% per year). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2012 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2012 · tick = 2011
Profitability100=
Solvency0=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2012
Solvency, return and age of the figures
Solvency
-626%
Return on assets
220.3%
Age of the figures
165 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
highest failure risk from 2 to 8 years 23 years 0 30 y
neutral · No filing for years
The last filed financial year closed on 31-12-2012. Since then, 13 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filings
Position against the passed deadline
31-12-2013 close31-07-2014 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 13-11-2013, 105 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (1)
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

History

On 30 June 2003, INDIGO was incorporated.1 Total assets went from EUR 4,257 in 2008 to EUR 28,238 in 2012 and headcount from 4.9 to 2.4 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2008 and 2012

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Financials · fiscal year 2012, abbreviated schema

Equity
-€176,782▲ 26.0%
2011 · -€238,989
Total assets
€28,238▲ 38.7%
2011 · €20,363
Net result
€62,207▲ 863%
2011 · €6,461
Working capital
-€14,994▲ 62.0%
2011 · -€39,493
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20082009201020112012
Operating result-€121,425--€20,952▲ 82.7%-€6,654▲ 68.2%€11,404€65,350▲ 473%
Net result-€135,456--€26,951▲ 80.1%-€11,714▲ 56.5%€6,461€62,207▲ 863%
Equity-€206,785--€233,736▼ 13.0%-€245,450▼ 5.0%-€238,989▲ 2.6%-€176,782▲ 26.0%
Total assets€4,257-€17,977▲ 322%€14,443▼ 19.7%€20,363▲ 41.0%€28,238▲ 38.7%
Debt€211,042-€251,713▲ 19.3%€259,893▲ 3.2%€259,352▼ 0.2%€205,020▼ 20.9%
Working capital-€38,377--€29,754▲ 22.5%-€42,372▼ 42.4%-€39,493▲ 6.8%-€14,994▲ 62.0%
Staff (FTE)4.9-3.9▼ 20.4%3.7▼ 5.1%3.4▼ 8.1%2.4▼ 29.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000Operating result 2008: -€121,425-€121,425Net result 2008: -€135,456-€135,456Operating result 2009: -€20,952-€20,952Net result 2009: -€26,951-€26,951Operating result 2010: -€6,654-€6,654Net result 2010: -€11,714-€11,714Operating result 2011: €11,404€11,404Net result 2011: €6,461€6,461Operating result 2012: €65,350€65,350Net result 2012: €62,207€62,20720082009201020112012-€20,000€0€20,000€40,000€60,000Operating result 2010: -€6,654-€6,650Net result 2010: -€11,714-€11,700Operating result 2011: €11,404€11,400Net result 2011: €6,461€6,460Operating result 2012: €65,350€65,400Net result 2012: €62,207€62,200201020112012
The operating result has risen four years in a row; 2012 is 473% above 2011 and is the highest result in the available series.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €28,238
Fixed assets €826 ▼ 47.0%
Current assets €27,412 ▲ 45.8%
Key figures and ratios
2012 value · change against 2011
EBITDA
€66,083▲
2011 · €12,676
Cash flow
€62,940▲
2011 · €7,733
Solvency
-626.0%
Current ratio
0.65▲
2011 · 0.32
Debt to equity
-0.19▲
2011 · -0.23
ROA
220.3%▲
2011 · 31.7%
Debt ≤ 1 year
€42,406▼
2011 · €58,297
Debt > 1 year
€32,736▼
2011 · €55,285
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2012 against 2011 · 20 lines
Balance sheet Code20112012
Assets
Total assets20/58€20,363€28,238▲
Fixed assets21/28€1,558€826▼
Tangible fixed assets22/27€1,558€826▼
Current assets29/58€18,805€27,412▲
Amounts receivable within one year40/41€14,808€21,737▲
Cash at bank and in hand54/58€3,787€5,676▲
Equity and liabilities
Total equity and liabilities10/49€20,363€28,238▲
Equity10/15-€238,989-€176,782▲
Profit (loss) carried forward14-€243,389-€181,182▲
Amounts payable17/49€259,352€205,020▼
Amounts payable after more than one year17€55,285€32,736▼
Amounts payable within one year42/48€58,297€42,406▼
Trade debts44€18,712€10,397▼
Income statement Code20112012
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,272€732▼
Gross operating margin9900€108,323€142,560▲
Operating profit (loss)9901€11,404€65,350▲
Recurring financial income75€705€6▼
Recurring financial charges65€5,648€3,149▼
Profit (loss) for the period before taxes9903€6,461€62,207▲
Profit (loss) for the period9904€6,461€62,207▲
Line20082009201020112012Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,701€2,938€1,730€1,272€732▼ 42.5%
Gross operating margin9900€47,510€106,188€90,016€108,323€142,560▲ 31.6%
Operating profit (loss)9901-€121,425-€20,952-€6,654€11,404€65,350▲ 473%
Recurring financial income75€139€143€1€705€6▼ 99.1%
Recurring financial charges65€14,169€6,143€5,061€5,648€3,149▼ 44.2%
Profit (loss) for the period before taxes9903-€135,456-€26,951-€11,714€6,461€62,207▲ 863%
Profit (loss) for the period9904-€135,456-€26,951-€11,714€6,461€62,207▲ 863%
Line20082009201020112012Change
Assets
Total assets20/58€4,257€17,977€14,443€20,363€28,238▲ 38.7%
Fixed assets21/28€3,931€4,185€2,455€1,558€826▼ 47.0%
Tangible fixed assets22/27€3,931€4,185€2,455€1,558€826▼ 47.0%
Current assets29/58€326€13,792€11,988€18,805€27,412▲ 45.8%
Amounts receivable within one year40/41€200€12,770€10,941€14,808€21,737▲ 46.8%
Cash at bank and in hand54/58€126€244€68€3,787€5,676▲ 49.9%
Equity and liabilities
Total equity and liabilities10/49€4,257€17,977€14,443€20,363€28,238▲ 38.7%
Equity10/15-€206,785-€233,736-€245,450-€238,989-€176,782▲ 26.0%
Profit (loss) carried forward14-€211,185-€238,136-€249,850-€243,389-€181,182▲ 25.6%
Amounts payable17/49€211,042€251,713€259,893€259,352€205,020▼ 20.9%
Amounts payable after more than one year17€83,881€64,438€44,010€55,285€32,736▼ 40.8%
Amounts payable within one year42/48€38,703€43,546€54,360€58,297€42,406▼ 27.3%
Trade debts44€13,276€11,645€19,806€18,712€10,397▼ 44.4%
Line20082009201020112012Change
Profit (loss) for the period9904-€135,456-€26,951-€11,714€6,461€62,207▲ 863%
+ Depreciation and write-downs630€7,701€2,938€1,730€1,272€732▼ 42.5%
Operating cash flow (approximation)-€127,755-€24,014-€9,984€7,733€62,940▲ 714%
Investment in fixed assets (approximation)--€3,191€0-€375€0▲ 100%
Change in cash-€119-€177€3,719€1,888▼ 49.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2013
13-11
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 105 days late
2012
31-12
Financial Highest result since 2008net €62,207 ▲863%
Operating result €65,350, net result €62,207, both a record.
29-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 29 days late
2011
31-12
Financial Back to profitnet €6,461
Net result €6,461 after 3 loss-making years.
02-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 2 days late
2010
04-08
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 4 days late
2009
10-08
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
12 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, Mechelen · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
379 m²
Building footprint
160 m²
Volume, LiDAR
1,704 m³
Parcel 12025A0698/00G000, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
INDIGO vzw
Goswin de Stassartstraat 9, 2800 MechelenEducation
since 20072.160.562.558
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12025A0698/00G000
ProtectedMonument · Townscape or village viewGoswin de Stassartstraat en aanpalende stratenSource ↗
Flanders 379 m² 1 · 160 m² 14.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 880 EUR awarded · 880 EUR paid
Year Entries awardedpaid
2025 1 780 EUR780 EUR
2024 1 100 EUR100 EUR
Schemes
1 entry · 780 EUR · 780 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie
1 entry · 100 EUR · 100 EUR paid · Opgroeien regie

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,201 companies in sector 88999 we hold annual accounts for 806. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded30-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
88999Other social work without accommodation
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.