Induvent

Active

Private limited companyfounded 20187 yrs activeVollickstraat 15, 1785 Merchtem, BelgiumKBO/BCE: BE 0711.958.620

The computed 12-month bankruptcy probability of Induvent is 1.6% (moderate). The 2024 annual accounts show equity of €76k and a net result of €9k. Its solvency ranks better than 87% of 514 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

75 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability82▲+2

Solvency100=

Growth78

Track record100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 7.48 against 5.22 in 2023; short-term debt: 12.5% and cash: 17.2% of total assets), and 12.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

on the day

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€76k▲ 13.8%

2023 · €67k

2023: €67k

2023 → 2024

Total assets

€87k▲ 7.6%

2023 · €81k

2023: €81k

2023 → 2024

Net result

€9k▲ 22.7%

2023 · €8k

2023: €8k

2023 → 2024

Working capital

€71k▲ 19.6%

2023 · €59k

2023: €59k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€67k-€76k▲ 13.8%

Operating result€12k-€14k▲ 14.8%

Net result€8k-€9k▲ 22.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 15% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €87k

93.3%

Fixed assets €6k▼ 27.9%

Current assets €81k▲ 11.6%

Equity and liabilities €87k

87.5%

12.5%

Equity €76k▲ 13.8%

Debt €11k▼ 22.1%

The debt ratio falls from 17.2% to 12.5%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€16k▼

2023 · €17k

Cash flow

€12k▼

2023 · €13k

Solvency

87.5%▲

2023 · 82.8%

Current ratio

7.48▲

2023 · 5.22

Quick ratio

4.31▲

2023 · 4.00

Debt / equity

0.14▼

2023 · 0.21

ROE

12.2%▲

2023 · 11.3%

ROA

10.6%▲

2023 · 9.3%

Interest coverage

174.83▲

2023 · 67.52

Debt

€11k▼

2023 · €14k

Debt ≤ 1 year

€11k▼

2023 · €14k

Income taxes

€5k▲

2023 · €4k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€81k€87k▲

Fixed assets21/28€8k€6k▼

Tangible fixed assets22/27€8k€6k▼

Plant, machinery and equipment23€8k€6k▼

Current assets29/58€73k€81k▲

Stocks and contracts in progress3€17k€34k▲

Stocks30/36€17k€34k▲

Amounts receivable within one year40/41€28k€27k▼

Trade receivables40€28k€25k▼

Other amounts receivable41€104€3k▲

Cash at bank and in hand54/58€24k€15k▼

Deferred charges and accrued income490/1€4k€5k▲

Equity and liabilities

Total equity and liabilities10/49€81k€87k▲

Equity10/15€67k€76k▲

Contributions10/11€100€100=

Outside capital11€100€100=

Other1109/19€100€100=

Reserves13€67k€76k▲

Distributable reserves133€67k€76k▲

Amounts payable17/49€14k€11k▼

Amounts payable within one year42/48€14k€11k▼

Financial debts43€70-

Credit institutions430/8€70-

Trade debts44€4k€7k▲

Suppliers440/4€4k€7k▲

Taxes, remuneration and social security45€9k€3k▼

Taxes450/3€9k€3k▼

Other amounts payable47/48€816-

Income statement Code20232024

Non-recurring operating income76A-€2k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼

Other operating charges640/8€2k€2k▼

Gross operating margin9900€19k€18k▼

Operating profit (loss)9901€12k€14k▲

Financial income75/76B€88€13▼

Recurring financial income75€88€13▼

Financial charges65/66B€258€93▼

Recurring financial charges65€258€93▼

Profit (loss) for the period before taxes9903€12k€14k▲

Income taxes67/77€4k€5k▲

Profit (loss) for the period9904€8k€9k▲

Profit (loss) for the period to be appropriated9905€8k€9k▲

Appropriation of the result

Profit (loss) to be appropriated9906€8k€9k▲

Transfer to equity691/2€8k€9k▲

To other reserves6921€8k€9k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

NBB filing

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, Merchtem · 2 establishment units since 2018

establishment All 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vollickstraat 151785 Merchtem

Ground area

2.2 ha

Building footprint

1,152 m²

Volume, LiDAR

857 m³

2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

BHIQ

Vollickstraat 15, 1785 MerchtemManufacture of machinery and equipment not elsewhere classified

since 20182.281.233.627

Induvent

Koeweideblock 4, 1785 MerchtemManufacture of machinery and equipment not elsewhere classified

since 20252.373.581.387

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23602I0226/00C000	Flanders	2.1 ha	1 · 1,025 m²	0.1 m
23012G0288/00G000	Flanders	674 m²	1 · 127 m²	10.2 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

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, comparable size

Thienpondt Technical Solutions

Of 42 companies in sector 28130 we hold annual accounts for 33. 23 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded22-10-2018

Fiscal year end31-12

Activities, NACEBEL

28130Manufacture of machinery and equipment not elsewhere classified

28120Manufacture of machinery and equipment not elsewhere classified

33120Repair and maintenance of machinery

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:bruno@bhiq.eu

Establishment Merchtem 2.281.233.627