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INDIGOPAINTS

Active
Private limited companyfounded 201610 years activeNuchten(Ide) 63, 9506 Geraardsbergen, BelgiumKBO/BCE: BE 0649.518.235
Summary

INDIGOPAINTS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290,586 and a net result of -€9,311. Equity is growing by ~59% per year across the filed fiscal years. Its solvency ranks better than 86% of 22,078 sector peers (NACE 47, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Retail trade
NACE 47526
1 site
Size
€373,104total assets 2025
Equity
€290,586
Loss
-€9,311
Turnover not published (abridged schema)
Financial health
95 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Accounts on time0 of 2 deeds read
Why 95- Sector Retail trade (NACE 47)+ Liquidity: current ratio 4.41, cash €195,294+ Equity €290,586 (77.9% of total assets)+ Size: total assets €373,104Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 77.9% of total assets
Liquidity 92-4
short-term debt 22.1% · cash 52.3%
Profitability 16-63
return on assets -2.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,155 companies)
Last 24 months 11-2024: 0.2%highest value 12-2024: 0.1%▼ -0.1 percentage points vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.2%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%▼ -0.1 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 4.41 against 6.07 in 2024; short-term debt: 22.1% and cash: 52.3% of total assets), and 22.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 92% on solvency, 93% on liquidity, 20% on profitability and 33% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 4.41, cash €195,294
NBB · annual accounts
lowers risk · Equity €290,586 (77.9% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €373,104
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
8 days late
2021
3 days late
2020
19 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 31 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close07-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€9,311
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 10% on equitysector median €41,504 · 22,118 companies €290,586 View
  • Total assets 20256 fiscal years filed €373,104 View
  • Active since 2016founded 01-03-2016 10 years View

By topic

Financials

Fiscal year
2025
Total assets
€373,104
Loss
-€9,311
Solvency
77.9%
Total assets▲ 4.2%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-10-2026
  1. 31-10-2023Annual accounts filed
  2. 31-03-2023Highest result since 2019
  3. 31-03-2023Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail tradeNACE 47526
Founded
01-03-2016
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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