INDIZ
ActiveSummary
INDIZ has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82,080 and a net result of €46,860. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency75▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.05 in 2024; short-term debt: 32.3% and cash: 22% of total assets), and 50.3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 →
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
49.7%
Return on assets
28.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
19 d early
2022
1 d early
2021
3 d early
2020
1 d late
2019
on the day
← 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 3 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€82,080=
2024 · €82,080
Total assets
€165,022▼ 6.8%
2024 · €176,992
Net result
€46,860▲ 1.4%
2024 · €46,207
Working capital
€488▼ 82.4%
2024 · €2,783
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€243▼ 99.1%-€3,164€52,840€66,315▲ 25.5%€62,078▼ 6.4%
Net result-€3,667below the sector's middle half-€7,126below the sector's middle half▼ 94.3%€40,494within the sector's middle half€46,207within the sector's middle half▲ 14.1%€46,860within the sector's middle half▲ 1.4%
Equity€105,404within the sector's middle half▼ 3.4%€98,278within the sector's middle half▼ 6.8%€98,272within the sector's middle half=€82,080within the sector's middle half▼ 16.5%€82,080within the sector's middle half=
Total assets€326,701above the sector's middle half▼ 5.3%€172,899within the sector's middle half▼ 47.1%€178,385within the sector's middle half▲ 3.2%€176,992within the sector's middle half▼ 0.8%€165,022within the sector's middle half▼ 6.8%
Debt€221,296▼ 6.2%€74,621▼ 66.3%€80,113▲ 7.4%€94,912▲ 18.5%€82,942▼ 12.6%
Working capital-€26,917€24,685€24,468▼ 0.9%€2,783▼ 88.6%€488▼ 82.4%
Solvency32.3%below the sector's middle half▲ 0.6pp56.8%within the sector's middle half▲ 24.6pp55.1%within the sector's middle half▼ 1.8pp46.4%within the sector's middle half▼ 8.7pp49.7%within the sector's middle half▲ 3.4pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165,022
Fixed assets
€111,235 ▼ 7.0%
Current assets
€53,786 ▼ 6.2%
Equity and liabilities €165,022
Equity
€82,080 =
Debt
€82,942 ▼ 12.6%
Debt's share of the balance-sheet total falls from 53.6% to 50.3%. Debt is lower.
Key figures and ratios
EBITDA
€72,507▼
2024 · €76,134
Cash flow
€57,289▲
2024 · €56,025
Current ratio
1.01▼
2024 · 1.05
Debt to equity
1.01▼
2024 · 1.16
ROE
57.1%▲
2024 · 56.3%
ROA
28.4%▲
2024 · 26.1%
Interest coverage
53.73▼
2024 · 56.24
Debt ≤ 1 year
€53,298▼
2024 · €54,564
Debt > 1 year
€29,644▼
2024 · €40,348
Income taxes
€13,869▼
2024 · €18,755
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,425 | €8,501 | €10,121 | €9,818 | €10,429 | ▲ 6.2% |
| Other operating charges640/8 | - | €4,215 | €2,986 | €2,083 | €1,472 | ▼ 29.3% |
| Gross operating margin9900 | €17,922 | €9,552 | €65,947 | €78,217 | €73,979 | ▼ 5.4% |
| Operating profit (loss)9901 | €243 | -€3,164 | €52,840 | €66,315 | €62,078 | ▼ 6.4% |
| Financial income75/76B | - | - | €1 | - | €1 | - |
| Recurring financial income75 | - | - | €1 | - | €1 | - |
| Financial charges65/66B | - | €3,962 | €1,551 | €1,354 | €1,350 | ▼ 0.3% |
| Recurring financial charges65 | €3,615 | €3,962 | €1,551 | €1,354 | €1,350 | ▼ 0.3% |
| Profit (loss) for the period before taxes9903 | -€3,372 | -€7,126 | €51,290 | €64,962 | €60,729 | ▼ 6.5% |
| Income taxes67/77 | €295 | - | €10,796 | €18,755 | €13,869 | ▼ 26.0% |
| Profit (loss) for the period9904 | -€3,667 | -€7,126 | €40,494 | €46,207 | €46,860 | ▲ 1.4% |
| Profit (loss) for the period to be appropriated9905 | -€3,667 | -€7,126 | €40,494 | €46,207 | €46,860 | ▲ 1.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €326,701 | €172,899 | €178,385 | €176,992 | €165,022 | ▼ 6.8% |
| Fixed assets21/28 | €305,928 | €134,790 | €124,669 | €119,645 | €111,235 | ▼ 7.0% |
| Tangible fixed assets22/27 | €292,494 | €128,310 | €124,669 | €119,645 | €111,235 | ▼ 7.0% |
| Land and buildings22 | - | €123,610 | €120,752 | €112,711 | €104,669 | ▼ 7.1% |
| Plant, machinery and equipment23 | - | €4,700 | €3,917 | €3,133 | €2,350 | ▼ 25.0% |
| Furniture and vehicles24 | - | - | - | €3,801 | €4,216 | ▲ 10.9% |
| Financial fixed assets28 | €13,433 | €6,480 | - | - | - | - |
| Current assets29/58 | €20,773 | €38,109 | €53,716 | €57,347 | €53,786 | ▼ 6.2% |
| Amounts receivable within one year40/41 | €14,170 | €30,126 | €18,605 | €10,611 | €17,416 | ▲ 64.1% |
| Trade receivables40 | - | €27,168 | €17,916 | €10,611 | €17,343 | ▲ 63.4% |
| Other amounts receivable41 | - | €2,959 | €689 | - | €73 | - |
| Cash at bank and in hand54/58 | €6,603 | €7,983 | €35,081 | €46,203 | €36,370 | ▼ 21.3% |
| Deferred charges and accrued income490/1 | - | - | €30 | €532 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €326,701 | €172,899 | €178,385 | €176,992 | €165,022 | ▼ 6.8% |
| Equity10/15 | €105,404 | €98,278 | €98,272 | €82,080 | €82,080 | = |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €18,873 | €18,873 | €18,873 | €63,480 | €63,480 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €17,013 | €17,013 | €61,620 | €61,620 | = |
| Profit (loss) carried forward14 | €67,931 | €60,805 | €60,799 | - | - | - |
| Amounts payable17/49 | €221,296 | €74,621 | €80,113 | €94,912 | €82,942 | ▼ 12.6% |
| Amounts payable after more than one year17 | €173,606 | €61,197 | €50,865 | €40,348 | €29,644 | ▼ 26.5% |
| Financial debts170/4 | - | €61,197 | €50,865 | €40,348 | €29,644 | ▼ 26.5% |
| Amounts payable within one year42/48 | €47,690 | €13,424 | €29,248 | €54,564 | €53,298 | ▼ 2.3% |
| Current portion of amounts payable after more than one year42 | - | €10,151 | €10,332 | €10,517 | €10,704 | ▲ 1.8% |
| Trade debts44 | €778 | - | €156 | €990 | €1,056 | ▲ 6.7% |
| Suppliers440/4 | - | - | €156 | €990 | €1,056 | ▲ 6.7% |
| Taxes, remuneration and social security45 | - | €1,588 | €13,796 | €30,875 | €23,898 | ▼ 22.6% |
| Taxes450/3 | - | €1,588 | €13,796 | €30,875 | €23,898 | ▼ 22.6% |
| Other amounts payable47/48 | - | €1,685 | €4,964 | €12,182 | €17,639 | ▲ 44.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,667 | -€7,126 | €40,494 | €46,207 | €46,860 | ▲ 1.4% |
| + Depreciation and write-downs630 | €16,425 | €8,501 | €10,121 | €9,818 | €10,429 | ▲ 6.2% |
| Operating cash flow (approximation) | €12,758 | €1,375 | €50,615 | €56,025 | €57,289 | ▲ 2.3% |
| Investment in fixed assets (approximation) | - | €162,637 | €0 | -€4,795 | -€2,019 | ▲ 57.9% |
| Change in cash | - | €1,380 | €27,098 | €11,122 | -€9,833 | ▼ 188% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €46,860 ▲1.4%
Net result €46,860, the highest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €40,494
Net result €40,494 after 2 loss-making years.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet -€7,126
Net result drops to -€7,126, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 7current ratio 2.84
Current ratio from 0.44 to 2.84; short-term debt falls from €47,690 to €13,424.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Equity above €100,000Eq €109,071 ▲18.5%
2 profitable years in a row build equity to €109,071.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 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.
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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, Sint-Jans-Molenbeek · 1 establishment unit since 2017
Ground area
105 m²
Building footprint
67 m²
Volume, LiDAR
631 m³
Parcel 21524C0064/00B004, Brussels · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
INDIZ
since 20172.267.981.249
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0064/00B004 | Brussels | 105 m² | 1 · 67 m² | 13.0 m · 3 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 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,584 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
Founded11-09-2017
Fiscal year end30-06
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0680878731
Also
9925:BE0680878731
Registered
03-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.