INDIGOO
ActiveSummary
INDIGOO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-120k) and a net result of €34k. Equity is shrinking by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+19
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.3 in 2024; short-term debt: 279.4% and cash: 0% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-248.8%
Return on assets
70.9%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
4 d late
2023
114 d late
2022
30 d late
2021
150 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-120k▲ 22.2%
2024 · €-155k
Total assets
€48k▼ 5.8%
2024 · €51k
Net result
€34k▲ 610%
2024 · €5k
Working capital
€-92k▲ 17.8%
2024 · €-112k
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
Line20212022202320242025
Operating result€-5k▲ 73.4%€-20k▼ 295%€-49k▼ 143%€6k€35k▲ 478%
Net result€-7k▲ 65.1%€-21k▼ 195%€-50k▼ 134%€5k€34k▲ 610%
Equity€-89k▼ 8.8%€-110k▼ 23.8%€-160k▼ 45.0%€-155k▲ 3.0%€-120k▲ 22.2%
Total assets€44k▼ 17.4%€52k▲ 18.2%€42k▼ 20.4%€51k▲ 22.9%€48k▼ 5.8%
Debt€133k▼ 1.6%€163k▲ 21.9%€201k▲ 23.9%€206k▲ 2.4%€169k▼ 18.1%
Working capital€-21k▼ 290%€-40k▼ 86.2%€-83k▼ 110%€-112k▼ 33.9%€-92k▲ 17.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 478% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€5k ▲ 16.3%
Current assets
€43k ▼ 7.9%
Key figures and ratios
EBITDA
€37k▲
2024 · €9k
Cash flow
€36k▲
2024 · €8k
Solvency
-248.8%▲
2024 · -301.1%
Current ratio
0.32▲
2024 · 0.30
Debt to equity
-1.40▼
2024 · -1.33
ROA
70.9%▲
2024 · 9.4%
Interest coverage
41.18▲
2024 · 6.81
Debt ≤ 1 year
€135k▼
2024 · €159k
Debt > 1 year
€34k▼
2024 · €47k
Income taxes
€144▲
2024 · €137
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €6k | €5k | €3k | €2k | ▼ 50.9% |
| Other operating charges640/8 | €288 | €62 | €1k | €3k | €1k | ▼ 54.5% |
| Gross operating margin9900 | €-1k | €-14k | €-42k | €12k | €38k | ▲ 214% |
| Operating profit (loss)9901 | €-5k | €-20k | €-49k | €6k | €35k | ▲ 478% |
| Financial income75/76B | €6 | - | - | €230 | €4 | ▼ 98.3% |
| Recurring financial income75 | €6 | - | - | €230 | €4 | ▼ 98.3% |
| Financial charges65/66B | €1k | €1k | €833 | €1k | €898 | ▼ 34.9% |
| Recurring financial charges65 | €1k | €1k | €833 | €1k | €898 | ▼ 34.9% |
| Profit (loss) for the period before taxes9903 | €-6k | €-21k | €-49k | €5k | €34k | ▲ 594% |
| Income taxes67/77 | €1k | €120 | €132 | €137 | €144 | ▲ 5.2% |
| Profit (loss) for the period9904 | €-7k | €-21k | €-50k | €5k | €34k | ▲ 610% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €-21k | €-50k | €5k | €34k | ▲ 610% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44k | €52k | €42k | €51k | €48k | ▼ 5.8% |
| Fixed assets21/28 | €15k | €9k | €4k | €4k | €5k | ▲ 16.3% |
| Tangible fixed assets22/27 | €15k | €9k | €4k | €4k | €5k | ▲ 16.7% |
| Furniture and vehicles24 | €12k | €7k | €2k | €3k | €4k | ▲ 38.2% |
| Other tangible fixed assets26 | €3k | €2k | €2k | €1k | €521 | ▼ 50.0% |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €30k | €43k | €38k | €47k | €43k | ▼ 7.9% |
| Amounts receivable within one year40/41 | €28k | €40k | €30k | €30k | €43k | ▲ 43.5% |
| Trade receivables40 | €19k | €35k | €30k | €30k | €37k | ▲ 23.0% |
| Other amounts receivable41 | €10k | €5k | - | - | €6k | - |
| Cash at bank and in hand54/58 | - | €4k | €8k | €16k | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €1k | - | - | €682 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44k | €52k | €42k | €51k | €48k | ▼ 5.8% |
| Equity10/15 | €-89k | €-110k | €-160k | €-155k | €-120k | ▲ 22.2% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €23 | €23 | €23 | €23 | €23 | = |
| Non-distributable reserves130/1 | €23 | €23 | €23 | €23 | €23 | = |
| Reserves not available under the articles1311 | €23 | €23 | €23 | €23 | €23 | = |
| Profit (loss) carried forward14 | €-95k | €-116k | €-166k | €-161k | €-127k | ▲ 21.3% |
| Amounts payable17/49 | €133k | €163k | €201k | €206k | €169k | ▼ 18.1% |
| Amounts payable after more than one year17 | €82k | €80k | €80k | €47k | €34k | ▼ 29.0% |
| Financial debts170/4 | €82k | €80k | €80k | €47k | €34k | ▼ 29.0% |
| Amounts payable within one year42/48 | €51k | €83k | €121k | €159k | €135k | ▼ 14.8% |
| Financial debts43 | €4k | - | - | - | €3k | - |
| Credit institutions430/8 | €4k | - | - | - | €3k | - |
| Trade debts44 | €30k | €2k | €5k | €35k | €15k | ▼ 57.5% |
| Suppliers440/4 | €30k | €2k | €5k | €35k | €15k | ▼ 57.5% |
| Taxes, remuneration and social security45 | €17k | €28k | €25k | €3k | €261 | ▼ 90.1% |
| Taxes450/3 | €8k | €14k | €14k | €1k | €261 | ▼ 78.1% |
| Remuneration and social security454/9 | €8k | €15k | €11k | €1k | - | - |
| Other amounts payable47/48 | - | €52k | €92k | €121k | €117k | ▼ 3.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €-21k | €-50k | €5k | €34k | ▲ 610% |
| + Depreciation and write-downs630 | €3k | €6k | €5k | €3k | €2k | ▼ 50.9% |
| Operating cash flow (approximation) | €-4k | €-16k | €-44k | €8k | €36k | ▲ 343% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-4k | €-2k | ▲ 37.0% |
| Change in cash | - | - | €4k | €8k | €-16k | ▼ 295% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €34k ▲610%
Operating result €35k, net result €34k, both a record.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 6 loss-making years.
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
2023
31-12
Financial
Weakest financial yearnet €-50k
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 150 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 127 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Evere · 2 establishment units since 2010
Ground area
4,675 m²
Building footprint
2,034 m²
Volume, LiDAR
18,106 m³
2 parcels, Brussels, Wallonia · tallest building 21.8 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
INDIGOO
since 20102.197.981.792
Kolonel Bourgstraat 127-129, 1140 Evere
since 20102.186.750.479
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0123/00R000 | Brussels | 3,304 m² | 1 · 1,528 m² | 21.8 m · 5 fl. |
| 92003H0471/00S000 | Wallonia | 1,371 m² | 1 · 505 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
1Dev
BE 0686.982.902
Evere
AB Digital
BE 0700.960.008
Evere
ADMI - INCISIVE
BE 0456.927.804
Evere
AGESSYS
BE 0477.205.752
Evere
Agile Developers
BE 0663.567.397
Evere
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 30,002 companies in sector 62200 we hold annual accounts for 18,390. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.