Inesco
ActiveInesco has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €256k and a net result of €61k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 992 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+5
Solvency46▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.71 in 2023; short-term debt: 29% and cash: 22.7% of total assets), and 79.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
20 d early
2022
31 d early
2021
34 d early
2020
37 d early
2019
24 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€959k
EBIT margin
4.8%
Net result
€61k▲ 433%
2023 · €12k
2018: €3k
2019: €51k
2020: €6k
2021: €32k
2022: €-13k
2023: €12k
2018 → 2024
Working capital
€-5k▲ 96.5%
2023 · €-135k
2018: €-148k
2019: €-58k
2020: €-205k
2021: €-25k
2022: €-14k
2023: €-135k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€959k-
Equity€164k-€196k▲ 19.7%€183k▼ 6.6%€195k▲ 6.3%€256k▲ 31.5%
Operating result€46k-€73k▲ 59.4%€26k▼ 63.6%€42k▲ 59.5%€91k▲ 117%
Net result€6k-€32k▲ 423%€-13k€12k€61k▲ 433%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 117% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.24M
Fixed assets
€882k▼ 16.7%
Current assets
€353k▲ 6.9%
Equity and liabilities €1.24M
Equity
€256k▲ 31.5%
Debt
€979k▼ 18.0%
The debt ratio falls from 86.0% to 79.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€492k▲
2023 · €421k
Cash flow
€462k▲
2023 · €390k
Solvency
20.7%▲
2023 · 14.0%
Current ratio
0.99▲
2023 · 0.71
Quick ratio
0.99▲
2023 · 0.71
Debt / equity
3.82▼
2023 · 6.13
ROE
24.0%▲
2023 · 5.9%
ROA
5.0%▲
2023 · 0.8%
Interest coverage
16.46▲
2023 · 13.74
Debt
€979k▼
2023 · €1.19M
Debt ≤ 1 year
€358k▼
2023 · €465k
Debt > 1 year
€621k▼
2023 · €729k
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€1.39M€1.24M▼
Fixed assets21/28€1.06M€882k▼
Tangible fixed assets22/27€1.06M€882k▼
Plant, machinery and equipment23€646k€702k▲
Leasing and similar rights25€412k€180k▼
Current assets29/58€331k€353k▲
Amounts receivable within one year40/41€5k€9k▲
Trade receivables40€5k€9k▲
Cash at bank and in hand54/58€257k€281k▲
Deferred charges and accrued income490/1€69k€64k▼
Equity and liabilities
Total equity and liabilities10/49€1.39M€1.24M▼
Equity10/15€195k€256k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€133k€195k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€127k€188k▲
Amounts payable17/49€1.19M€979k▼
Amounts payable after more than one year17€729k€621k▼
Financial debts170/4€729k€621k▼
Amounts payable within one year42/48€465k€358k▼
Current portion of amounts payable after more than one year42€429k€324k▼
Trade debts44€26k€24k▼
Suppliers440/4€26k€24k▼
Advances received on contracts in progress46€7k€7k=
Other amounts payable47/48€4k€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€378k€401k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€4k€4k▲
Gross operating margin9900€426k€498k▲
Operating profit (loss)9901€42k€91k▲
Financial charges65/66B€31k€30k▼
Recurring financial charges65€31k€30k▼
Profit (loss) for the period before taxes9903€12k€61k▲
Profit (loss) for the period9904€12k€61k▲
Profit (loss) for the period to be appropriated9905€12k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€61k▲
Transfer to equity691/2€12k€61k▲
To other reserves6921€12k€61k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €61k ▲433%
Operating result €91k, net result €61k, both a record.
31-12
Financial
Equity above €200kEq €256k ▲31.5%
2 profitable years in a row build equity to €256k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-13k ▼140%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €150kEq €158k ▲47.2%
2 profitable years in a row build equity to €158k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Bilzen-Hoeselt · 1 establishment unit since 2011
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.
Kieleberg 413740 Bilzen-HoeseltGround area
2,434 m²
Building footprint
955 m²
Volume, LiDAR
4,514 m³
Parcel 73006A0045/00S000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Inesco
since 20112.208.421.071
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73006A0045/00S000 | Flanders | 2,434 m² | 1 · 955 m² | 10.1 m · 2 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.
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KESCH-DOYEN
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STOCKIS Frères
BE 0424.137.844
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COMFORCE
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Of 1,188 companies in sector 77399 we hold annual accounts for 710. 502 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-08-2011
Fiscal year end31-12
Activities, NACEBEL
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.