INDIGO PROJECTS
ActiveSummary
INDIGO PROJECTS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.59M and a net result of €20k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 95% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 77.43; short-term debt: 1.3% and cash: 24.4% of total assets), and 1.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 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 2024Solvency, return and age of the figures
Solvency
98.6%
Return on assets
1.2%
Age of the figures
21 mo
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
15 d early
2022
3 d early
2021
1 d early
2020
31 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.59M▲ 1.3%
2023 · €1.57M
2018: €1.75Mhighest in 7 years
2019: €1.71M▼ -2.0% vs 2018
2020: €1.70M▼ -0.6% vs 2019
2021: €1.72M▲ +1.2% vs 2020
2022: €1.56M▼ -9.7% vs 2021lowest in 7 years
2023: €1.57M▲ +1.1% vs 2022
2024: €1.59M▲ +1.3% vs 2023
2018 → 2024
Total assets
€1.61M▲ 1.8%
2023 · €1.59M
2018: €1.95Mhighest in 7 years
2019: €1.91M▼ -2.1% vs 2018
2020: €1.76M▼ -8.0% vs 2019
2021: €1.77M▲ +0.8% vs 2020
2022: €1.72M▼ -2.9% vs 2021
2023: €1.59M▼ -7.8% vs 2022lowest in 7 years
2024: €1.61M▲ +1.8% vs 2023
2018 → 2024
Net result
€20k▼ 31.2%
2023 · €29k
2018: €1.51Mhighest in 7 years
2019: €-34k▼ -102% vs 2018lowest in 7 years
2020: €-11k▲ +69.0% vs 2019
2021: €20k▲ +291% vs 2020
2022: €14k▼ -30.2% vs 2021
2023: €29k▲ +102% vs 2022
2024: €20k▼ -31.2% vs 2023
2018 → 2024
Working capital
€1.55M▼ 1.2%
2023 · €1.57M
2018: €1.71M
2019: €1.70M▼ -1.0% vs 2018
2020: €1.70M▲ +0.4% vs 2019
2021: €1.72M▲ +1.2% vs 2020highest in 7 years
2022: €1.55M▼ -10.0% vs 2021
2023: €1.57M▲ +1.2% vs 2022
2024: €1.55M▼ -1.2% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.70M-€1.72M▲ 1.2%€1.56M▼ 9.7%€1.57M▲ 1.1%€1.59M▲ 1.3%
2020: €1.70M
2021: €1.72M▲ +1.2% vs 2020highest in 5 years
2022: €1.56M▼ -9.7% vs 2021lowest in 5 years
2023: €1.57M▲ +1.1% vs 2022
2024: €1.59M▲ +1.3% vs 2023
Operating result€-6k-€11k€32k▲ 184%€28k▼ 15.1%€15k▼ 45.0%
2020: €-6klowest in 5 years
2021: €11k▲ +285% vs 2020
2022: €32k▲ +184% vs 2021highest in 5 years
2023: €28k▼ -15.1% vs 2022
2024: €15k▼ -45.0% vs 2023
Net result€-11k-€20k€14k▼ 30.2%€29k▲ 102%€20k▼ 31.2%
2020: €-11klowest in 5 years
2021: €20k▲ +291% vs 2020
2022: €14k▼ -30.2% vs 2021
2023: €29k▲ +102% vs 2022highest in 5 years
2024: €20k▼ -31.2% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 45% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.61M
Fixed assets
€44k ▲ 904%
Current assets
€1.57M ▼ 0.8%
Equity and liabilities €1.61M
Equity
€1.59M ▲ 1.3%
Debt
€22k ▲ 59.3%
Debt's share of the balance-sheet total rises from 0.9% to 1.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30k▲
2023 · €29k
Cash flow
€35k▲
2023 · €30k
Current ratio
77.43
Debt to equity
0.01▲
2023 · 0.01
ROE
1.2%▼
2023 · 1.8%
ROA
1.2%▼
2023 · 1.8%
Interest coverage
17.46▼
2023 · 27.27
Debt ≤ 1 year
€20k▲
2023 · €14k
Income taxes
€10k▲
2023 · €2k
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 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.59M€1.61M▲
Fixed assets21/28€4k€44k▲
Tangible fixed assets22/27€4k€44k▲
Furniture and vehicles24€4k€44k▲
Current assets29/58€1.58M€1.57M▼
Amounts receivable within one year40/41€586k€579k▼
Trade receivables40€16k€9k▼
Other amounts receivable41€570k€570k=
Current investments50/53€580k€580k=
Cash at bank and in hand54/58€412k€394k▼
Deferred charges and accrued income490/1€3k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.59M€1.61M▲
Equity10/15€1.57M€1.59M▲
Reserves13€1.57M€1.59M▲
Distributable reserves133€1.57M€1.59M▲
Amounts payable17/49€14k€22k▲
Amounts payable within one year42/48€14k€20k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€6k€15k▲
Accrued charges and deferred income492/3€3€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€15k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€31k€33k▲
Operating profit (loss)9901€28k€15k▼
Financial income75/76B€4k€17k▲
Recurring financial income75€4k€17k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€31k€30k▼
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€29k€20k▼
Profit (loss) for the period to be appropriated9905€29k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€20k▼
Profit (loss) brought forward from the previous period14P€-9k-
Transfer to equity691/2€20k€20k▼
To other reserves6921€20k€20k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €939 | €1k | €2k | €15k | ▲ 800% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €2k | ▲ 71.7% |
| Gross operating margin9900 | €11k | €14k | €35k | €31k | €33k | ▲ 7.0% |
| Operating profit (loss)9901 | €-6k | €11k | €32k | €28k | €15k | ▼ 45.0% |
| Financial income75/76B | - | €11k | €111 | €4k | €17k | ▲ 275% |
| Recurring financial income75 | €13k | €6k | €111 | €4k | €17k | ▲ 275% |
| Non-recurring financial income76B | - | €5k | - | - | - | - |
| Financial charges65/66B | - | €2k | €18k | €1k | €2k | ▲ 62.6% |
| Recurring financial charges65 | €17k | €2k | €18k | €1k | €2k | ▲ 62.6% |
| Profit (loss) for the period before taxes9903 | €-10k | €21k | €14k | €31k | €30k | ▼ 2.9% |
| Income taxes67/77 | €199 | €183 | €195 | €2k | €10k | ▲ 367% |
| Profit (loss) for the period9904 | €-11k | €20k | €14k | €29k | €20k | ▼ 31.2% |
| Profit (loss) for the period to be appropriated9905 | €-11k | €20k | €14k | €29k | €20k | ▼ 31.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.76M | €1.77M | €1.72M | €1.59M | €1.61M | ▲ 1.8% |
| Fixed assets21/28 | €744 | €1k | €6k | €4k | €44k | ▲ 904% |
| Tangible fixed assets22/27 | €744 | €1k | €6k | €4k | €44k | ▲ 904% |
| Furniture and vehicles24 | - | €1k | €6k | €4k | €44k | ▲ 904% |
| Current assets29/58 | €1.75M | €1.77M | €1.71M | €1.58M | €1.57M | ▼ 0.8% |
| Amounts receivable within one year40/41 | €8k | €4k | €18k | €586k | €579k | ▼ 1.2% |
| Trade receivables40 | - | €3k | €16k | €16k | €9k | ▼ 43.7% |
| Other amounts receivable41 | - | €2k | €2k | €570k | €570k | = |
| Current investments50/53 | €590k | €597k | €580k | €580k | €580k | = |
| Cash at bank and in hand54/58 | €1.15M | €1.17M | €1.11M | €412k | €394k | ▼ 4.2% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €3k | €15k | ▲ 459% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.76M | €1.77M | €1.72M | €1.59M | €1.61M | ▲ 1.8% |
| Equity10/15 | €1.70M | €1.72M | €1.56M | €1.57M | €1.59M | ▲ 1.3% |
| Contributions10/11 | - | €12k | €12k | - | - | - |
| Reserves13 | €1.73M | €1.73M | €1.55M | €1.57M | €1.59M | ▲ 1.3% |
| Non-distributable reserves130/1 | - | €7k | €7k | - | - | - |
| Reserves not available under the articles1311 | - | €7k | €7k | - | - | - |
| Distributable reserves133 | - | €1.73M | €1.54M | €1.57M | €1.59M | ▲ 1.3% |
| Profit (loss) carried forward14 | €-43k | €-23k | €-9k | - | - | - |
| Amounts payable17/49 | €53k | €48k | €164k | €14k | €22k | ▲ 59.3% |
| Amounts payable within one year42/48 | €53k | €48k | €164k | €14k | €20k | ▲ 47.1% |
| Trade debts44 | €10k | €4k | €3k | €4k | €2k | ▼ 48.8% |
| Suppliers440/4 | - | €4k | €3k | €4k | €2k | ▼ 48.8% |
| Taxes, remuneration and social security45 | - | €1k | €2k | €4k | €3k | ▼ 22.2% |
| Taxes450/3 | - | €1k | €2k | €4k | €3k | ▼ 22.2% |
| Other amounts payable47/48 | - | €42k | €159k | €6k | €15k | ▲ 151% |
| Accrued charges and deferred income492/3 | - | - | - | €3 | €2k | ▲ 56,154% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-11k | €20k | €14k | €29k | €20k | ▼ 31.2% |
| + Depreciation and write-downs630 | €17k | €939 | €1k | €2k | €15k | ▲ 800% |
| Operating cash flow (approximation) | €6k | €21k | €15k | €30k | €35k | ▲ 15.3% |
| Investment in fixed assets (approximation) | - | €-1k | €-6k | €0 | €-55k | - |
| Change in cash | - | €17k | €-52k | €-702k | €-17k | ▲ 97.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 11current ratio 114.77
Current ratio from 10.44 to 114.77; short-term debt falls from €164k to €14k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 32.81
Current ratio from 9.65 to 32.81; short-term debt falls from €196k to €53k.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
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.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Tessenderlo-Ham · 1 establishment unit since 2006
Ground area
760 m²
Building footprint
311 m²
Volume, LiDAR
1,757 m³
Parcel 71057A0059/00N000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INDIGO PROJECTS
since 20062.153.042.385
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71057A0059/00N000 | Flanders | 760 m² | 1 · 311 m² | 8.6 m · 2 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 22,740 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.