INDUVIDO
ActiveSummary
INDUVIDO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €1k. Equity is growing by ~62.4% per year across the filed fiscal years. Its solvency ranks better than 18% of 391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-2
Solvency37▼-4
Growth52=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.96 in 2024; short-term debt: 43.2% and cash: 11.7% of total assets), and 87.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
12.2%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 391 sector peers (2025).
NBB · sector comparisonPosition among 391 sector peers
Solvency
better than 18%
← 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 06-08-2026, 6 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 · 5 filingsDeviation from the deadline
2025
6 d late
2024
27 d late
2023
149 d late
2022
29 d late
2021
30 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€86k▲ 1.3%
2024 · €85k
2021: €13k
2022: €20k
2023: €91k
2024: €85k
2021 → 2025
Total assets
€705k▲ 32.8%
2024 · €531k
2021: €33k
2022: €87k
2023: €329k
2024: €531k
2021 → 2025
Net result
€1k
2024 · €-5k
2021: €10k
2022: €27k
2023: €71k
2024: €-5k
2021 → 2025
Working capital
€-2k▲ 64.6%
2024 · €-6k
2021: €9k
2022: €-37k
2023: €31k
2024: €-6k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€20k▲ 52.0%€91k▲ 363%€85k▼ 5.9%€86k▲ 1.3%
Operating result€14k-€35k▲ 148%€101k▲ 191%€6k▼ 94.4%€27k▲ 378%
Net result€10k-€27k▲ 170%€71k▲ 166%€-5k€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 378% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €705k
Fixed assets
€403k ▼ 1.5%
Current assets
€303k ▲ 147%
Equity and liabilities €705k
Equity
€86k ▲ 1.3%
Debt
€619k ▲ 38.8%
Debt's share of the balance-sheet total rises from 84.0% to 87.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60k▲
2024 · €32k
Cash flow
€34k▲
2024 · €21k
Current ratio
0.99▲
2024 · 0.96
Quick ratio
0.87▼
2024 · 0.96
Debt to equity
7.17▲
2024 · 5.24
ROE
1.2%▲
2024 · -6.3%
ROA
0.1%▲
2024 · -1.0%
Interest coverage
2.53▼
2024 · 2.90
Debt ≤ 1 year
€305k▲
2024 · €128k
Debt > 1 year
€314k▼
2024 · €318k
Income taxes
€2k▲
2024 · €231
Staff costs
€87k▲
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€531k€705k▲
Fixed assets21/28€409k€403k▼
Intangible fixed assets21€2k€2k▲
Tangible fixed assets22/27€407k€401k▼
Land and buildings22€369k€358k▼
Plant, machinery and equipment23€6k€23k▲
Furniture and vehicles24€31k€19k▼
Current assets29/58€123k€303k▲
Stocks and contracts in progress3-€38k
Stocks30/36-€38k
Amounts receivable within one year40/41€89k€136k▲
Trade receivables40€87k€108k▲
Other amounts receivable41€2k€28k▲
Cash at bank and in hand54/58-€82k
Deferred charges and accrued income490/1€34k€47k▲
Equity and liabilities
Total equity and liabilities10/49€531k€705k▲
Equity10/15€85k€86k▲
Contributions10/11€3k€3k=
Reserves13€88k€88k=
Distributable reserves133€88k€88k=
Profit (loss) carried forward14€-5k€-4k▲
Amounts payable17/49€446k€619k▲
Amounts payable after more than one year17€318k€314k▼
Financial debts170/4€318k€314k▼
Amounts payable within one year42/48€128k€305k▲
Current portion of amounts payable after more than one year42€18k€37k▲
Financial debts43€21k-
Credit institutions430/8€21k-
Trade debts44€24k€208k▲
Suppliers440/4€24k€208k▲
Taxes, remuneration and social security45€41k€42k▲
Taxes450/3€41k€41k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€23k€17k▼
Accrued charges and deferred income492/3€53€143▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62€31k€87k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€33k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€83k-
Other operating charges640/8€1k€1k▼
Gross operating margin9900€147k€148k▲
Operating profit (loss)9901€6k€27k▲
Financial income75/76B€129€219▲
Recurring financial income75€129€219▲
Financial charges65/66B€11k€24k▲
Recurring financial charges65€11k€24k▲
Profit (loss) for the period before taxes9903€-5k€4k▲
Income taxes67/77€231€2k▲
Profit (loss) for the period9904€-5k€1k▲
Profit (loss) for the period to be appropriated9905€-5k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-4k▲
Profit (loss) brought forward from the previous period14P-€-5k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼108%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 149 days late
2023
31-12
Financial
Highest result since 2021net €71k ▲166%
Operating result €101k, net result €71k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.27
Current ratio from 0.41 to 1.27.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 · 1 establishment unit since 2021
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.
François Beuckelaersstraat 271785 MerchtemGround area
367 m²
Building footprint
106 m²
Volume, LiDAR
1,077 m³
Parcel 23052A0482/00F002, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
INDUVIDO
since 20212.317.345.539
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23052A0482/00F002 | Flanders | 367 m² | 1 · 106 m² | 16.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
OMNITEK INDUSTRIES BVBA
BE 0689.597.645
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BE 0436.156.936
Welkenraedt · Eq €80k
House of Concepts
BE 0541.955.727
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VITRUXI
BE 1003.469.453
Willebroek · Eq €96k
OLMATECH
BE 0629.720.139
Beloeil · Eq €101k
Of 210 companies in sector 28299 we hold annual accounts for 154. 93 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
28299Manufacture of machinery and equipment not elsewhere classified
71121Engineering and related technical consultancy, excluding land surveyors
28291Manufacture of machinery and equipment not elsewhere classified
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.