INEW
ActiveINEW has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-39k. Equity is shrinking by ~40.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 1894 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-19
Solvency24▼-11
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.0 against 1.2 in 2024; short-term debt: 76% and cash: 49.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.7%
Return on assets
-12.5%
Age of the figures
9 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
37 d early
2023
3 d late
2022
21 d late
2021
30 d late
2020
23 d late
2019
101 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-2k
2024 · €37k
2018: €119k
2019: €121k
2020: €84k
2021: €41k
2022: €39k
2023: €42k
2024: €37k
2018 → 2025
Total assets
€313k▼ 17.2%
2024 · €378k
2018: €371k
2019: €335k
2020: €338k
2021: €338k
2022: €329k
2023: €366k
2024: €378k
2018 → 2025
Net result
€-39k▼ 571%
2024 · €-6k
2018: €-18k
2019: €2k
2020: €12k
2021: €-42k
2022: €-3k
2023: €4k
2024: €-6k
2018 → 2025
Working capital
€1k▼ 97.8%
2024 · €48k
2018: €80k
2019: €98k
2020: €68k
2021: €31k
2022: €37k
2023: €45k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€39k▼ 6.3%€42k▲ 10.3%€37k▼ 13.7%€-2k
Operating result€50k-€68k▲ 35.9%€65k▼ 3.2%€48k▼ 26.8%€81k▲ 68.2%
Net result€-42k-€-3k▲ 93.9%€4k€-6k€-39k▼ 571%
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 68% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €313k
Fixed assets
€74k▼ 15.4%
Current assets
€239k▼ 17.7%
Key figures and ratios
EBITDA
€104k▲
2024 · €77k
Cash flow
€-16k▼
2024 · €23k
Solvency
-0.7%▼
2024 · 9.7%
Current ratio
1.00▼
2024 · 1.20
Quick ratio
1.00▼
2024 · 1.20
ROA
-12.5%▼
2024 · -1.5%
Interest coverage
0.87▼
2024 · 1.43
Debt
€315k▼
2024 · €341k
Debt ≤ 1 year
€238k▼
2024 · €243k
Debt > 1 year
€77k▼
2024 · €98k
Income taxes
€548▼
2024 · €1k
Staff costs
€63k▼
2024 · €86k
A ratio outside any meaningful range has been withheld (balance sheet total €313k, equity €-2k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€378k€313k▼
Fixed assets21/28€87k€74k▼
Tangible fixed assets22/27€87k€74k▼
Land and buildings22€81k€71k▼
Plant, machinery and equipment23€2k€967▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28-€250
Current assets29/58€290k€239k▼
Amounts receivable within one year40/41€47k€80k▲
Trade receivables40€22k€55k▲
Other amounts receivable41€25k€25k=
Current investments50/53€2k€2k=
Cash at bank and in hand54/58€238k€154k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€378k€313k▼
Equity10/15€37k€-2k▼
Contributions10/11€6k€6k=
Reserves13€65k€65k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€44k€44k=
Profit (loss) carried forward14€-35k€-74k▼
Amounts payable17/49€341k€315k▼
Amounts payable after more than one year17€98k€77k▼
Financial debts170/4€98k€77k▼
Amounts payable within one year42/48€243k€238k▼
Current portion of amounts payable after more than one year42€20k€21k▲
Trade debts44€38k€30k▼
Suppliers440/4€38k€30k▼
Taxes, remuneration and social security45€23k€20k▼
Taxes450/3€14k€13k▼
Remuneration and social security454/9€9k€7k▼
Other amounts payable47/48€161k€167k▲
Income statement
Code20242025
Remuneration, social security and pensions62€86k€63k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€24k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€168k€173k▲
Operating profit (loss)9901€48k€81k▲
Financial income75/76B€1k€407▼
Recurring financial income75€1k€407▼
Financial charges65/66B€54k€119k▲
Recurring financial charges65€54k€119k▲
Profit (loss) for the period before taxes9903€-5k€-38k▼
Income taxes67/77€1k€548▼
Profit (loss) for the period9904€-6k€-39k▼
Profit (loss) for the period to be appropriated9905€-6k€-39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-74k▼
Profit (loss) brought forward from the previous period14P€-29k€-35k▼
The notes to these accounts (15 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-42k ▼451%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Highest result since 2018net €12k ▲420%
Net result €12k, the highest in the series.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Elsene · 1 establishment unit since 2008
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.
Louizalaan 2311050 ElseneGround area
5,672 m²
Building footprint
3,878 m²
Volume, LiDAR
86,391 m³
Parcel 21807G0131/00T000, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 231, 1050 Elsene
since 20082.169.658.683
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 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.
Recognitions · licences · registrations
Legal Entity Identifier
2549007DMPN574O7J010
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Of 29,997 companies in sector 62200 we hold annual accounts for 18,386. 14,802 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2008
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
43211General electrical installation work
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.