INDIGO CONSULTING
ActiveINDIGO CONSULTING has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €24k. Equity is shrinking by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 7017 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+20
Solvency100▲+15
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.61 against 1.63 in 2024; short-term debt: 18.9% and cash: 3.2% of total assets), and 18.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.1%
Return on assets
53%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €36k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filingsDeviation from the deadline
2025
24 d late
2024
28 d late
2023
85 d late
2022
63 d late
2021
57 d late
2020
5 d late
2019
47 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k▲ 188%
2024 · €13k
2018: €25k
2019: €43k
2020: €49k
2021: €37k
2022: €17k
2023: €11k
2024: €13k
2018 → 2025
Total assets
€45k▲ 115%
2024 · €21k
2018: €30k
2019: €56k
2020: €53k
2021: €43k
2022: €33k
2023: €17k
2024: €21k
2018 → 2025
Net result
€24k▲ 1,171%
2024 · €2k
2018: €11k
2019: €18k
2020: €5k
2021: €-12k
2022: €-20k
2023: €-6k
2024: €2k
2018 → 2025
Working capital
€30k▲ 490%
2024 · €5k
2018: €24k
2019: €41k
2020: €46k
2021: €34k
2022: €6k
2023: €1k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€17k▼ 53.8%€11k▼ 36.7%€13k▲ 17.4%€36k▲ 188%
Operating result€-12k-€-19k▼ 61.1%€-6k▲ 69.8%€2k€24k▲ 1,042%
Net result€-12k-€-20k▼ 62.9%€-6k▲ 68.4%€2k€24k▲ 1,171%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1,042% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€6k▼ 21.8%
Current assets
€39k▲ 190%
Equity and liabilities €45k
Equity
€36k▲ 188%
Debt
€8k▲ 2.1%
The debt ratio falls from 39.6% to 18.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2024 · €4k
Cash flow
€25k▲
2024 · €4k
Solvency
81.1%▲
2024 · 60.4%
Current ratio
4.61▲
2024 · 1.63
Quick ratio
4.61▲
2024 · 1.63
Debt / equity
0.23▼
2024 · 0.66
ROE
65.3%▲
2024 · 14.8%
ROA
53.0%▲
2024 · 8.9%
Interest coverage
89.45▲
2024 · 16.70
Debt
€8k▲
2024 · €8k
Debt ≤ 1 year
€8k▲
2024 · €8k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€21k€45k▲
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€7k€6k▼
Land and buildings22€1k€808▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€6k€5k▼
Current assets29/58€13k€39k▲
Amounts receivable within one year40/41€11k€37k▲
Trade receivables40€11k€37k▲
Cash at bank and in hand54/58€2k€1k▼
Deferred charges and accrued income490/1€385€145▼
Equity and liabilities
Total equity and liabilities10/49€21k€45k▲
Equity10/15€13k€36k▲
Contributions10/11€19k€19k=
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€-36k€-12k▲
Amounts payable17/49€8k€8k▲
Amounts payable within one year42/48€8k€8k▲
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€670€462▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€760€644▼
Gross operating margin9900€5k€26k▲
Operating profit (loss)9901€2k€24k▲
Financial charges65/66B€233€285▲
Recurring financial charges65€233€285▲
Profit (loss) for the period before taxes9903€2k€24k▲
Profit (loss) for the period9904€2k€24k▲
Profit (loss) for the period to be appropriated9905€2k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-12k▲
Profit (loss) brought forward from the previous period14P€-38k€-36k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €24k ▲1171%
Net result €24k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 4.61
Current ratio from 1.63 to 4.61.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 12.31
Current ratio from 4.24 to 12.31; short-term debt falls from €13k to €4k.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Aalst · 1 establishment unit since 2005
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.
Oliemolen 109300 AalstGround area
1,649 m²
Building footprint
606 m²
Volume, LiDAR
1,070 m³
Parcel 41302C1523/00T003, Flanders · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
INDIGO CONSULTING
since 20052.150.384.090
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C1523/00T003 | Flanders | 1,649 m² | 1 · 606 m² | 4.9 m · 1 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 9,863 companies in sector 73110 we hold annual accounts for 3,754. 2,897 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2005
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.