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INDUSHOP

Active
Private limited companyfounded 2011active for 15 years't Serclaesdreef 16, 2160 Wommelgem, BelgiumKBO/BCE: BE 0833.575.735

The file of INDUSHOP contains 3 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 12.3% (high). The 2025 annual accounts show negative equity (-€556,347) and a net result of -€1,361. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 5% of 153 sector peers (NACE 22, financial year 2025).

Overview

Activity
Manufacture of rubber and plastic products
NACE 22210
1 site
Size
€352,101total assets 2025
Equity
-€556,347
Loss
-€1,361
Turnover not published (abbreviated or micro format)
Financial health
28 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
12.3%
Structure
Accounts filed 3 days late1 of 4 deeds read
Why 28raises riskJudicial reorganisation on record (3 publications, latest 25-11-2024)1 change of registered office in 24 monthsLiquidity: current ratio 0.45, cash €468Negative equity -€556,347Show the evidence

Checked score

Score 2025
28 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 17% of its sector peers (NACE 22, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -158.0% of total assets
Liquidity 0=
short-term debt 224.4% · cash 0.1%
Profitability 37+1
return on assets -0.4%
Bankruptcy probability, 12 months
12.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (358 companies, NACE 22, micro)
Last 24 months 11-2024: 10.0%lowest value 12-2025: 16.3% 01-2026: 16.3%● unchanged vs 12-2025 02-2026: 20.6%▲ +4.3 percentage points vs 01-2026highest value 03-2026: 12.7%▼ -7.9 percentage points vs 02-2026 04-2026: 12.7%● unchanged vs 03-2026 05-2026: 12.7%● unchanged vs 04-2026 06-2026: 12.2%▼ -0.5 percentage points vs 05-2026 07-2026: 12.2%● unchanged vs 06-2026 08-2026: 12.3%▲ +0.1 percentage points vs 07-2026 09-2026: 12.1%▼ -0.2 percentage points vs 08-2026 10-2026: 12.3%▲ +0.2 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.45, compared with 0.45 in 2024, below 1; short-term debt: 224.4% and cash: 0.1% of total assets), and equity is negative.
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 22, micro): better than 5% on solvency, 2% on liquidity, 25% on profitability and 35% on growth.

The bankruptcy probability was computed on 12-10-2026 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

Six signals.
raises riskneutral
raises risk · Judicial reorganisation on record (3 publications, latest 25-11-2024)
Belgian Official Gazette
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 0.45, cash €468
NBB · annual accounts
raises risk · Negative equity -€556,347
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€556,347
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
3 days late
2024
368 days late
2023
28 days late
2022
28 days late
2021
39 days early
2020
25 days late
2019
10 days late
← 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 60 days after the deadline; the sector median (NACE 22) for financial year 2024 is 14 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 February (4 of the last 5 filed years within 67 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end13-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: THYS Ivo Alfonso (manager)Appointment: BONSAI HOME VISIONS (director)…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€556,347 View
  • Risk: 7 loss-making years in a rowloss financial year 2025 -€1,361 View
  • Caution: Among the weakest 5% on equitysector median €61,768 · 153 companies -€556,347 View
  • Caution: Board changedlatest change 06-02-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€352,101
Loss
-€1,361
Solvency
-158.0%
Total assets▲ 0.3%
Net result
20192025
Go to Financials

Timeline

Events
19
Since
2013
Next accounts
by 31-01-2027
  1. 25-11-2024Reorganisation plan revoked
  2. 28-02-2024Annual accounts filed
  3. 28-02-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of rubber and plastic productsNACE 22210
Founded
08-02-2011
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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