INFATECH
ActiveSummary
INFATECH has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €143,634 and a net result of -€52,327. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 75% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability50▼-34
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 3.85 against 8.86 in 2023; short-term debt: 23.1% and cash: 84.2% of total assets), and 23.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
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 2024Solvency, return and age of the figures
Solvency
76.9%
Return on assets
-28%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 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
not confirmed
2024
18 d late
2023
30 d late
2022
59 d late
2021
3 d late
2020
82 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€143,634▼ 26.7%
2023 · €195,961
Total assets
€186,688▼ 14.3%
2023 · €217,855
Net result
-€52,327
2023 · €26,733
Working capital
€122,757▼ 28.6%
2023 · €171,987
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€9,635€80,801€160,456▲ 98.6%€49,660▼ 69.1%€8,224▼ 83.4%
Net result-€10,738below the sector's middle half€43,940above the sector's middle half€114,751above the sector's middle half▲ 161%€26,733within the sector's middle half▼ 76.7%-€52,327below the sector's middle half
Equity€10,537below the sector's middle half▼ 50.5%€54,477within the sector's middle half▲ 417%€169,228above the sector's middle half▲ 211%€195,961above the sector's middle half▲ 15.8%€143,634within the sector's middle half▼ 26.7%
Total assets€79,650within the sector's middle half▼ 26.3%€167,635within the sector's middle half▲ 110%€255,411within the sector's middle half▲ 52.4%€217,855within the sector's middle half▼ 14.7%€186,688within the sector's middle half▼ 14.3%
Debt€69,113▼ 20.3%€113,159▲ 63.7%€86,183▼ 23.8%€21,895▼ 74.6%€43,054▲ 96.6%
Working capital-€10,078below the sector's middle half▼ 1,549%€31,160within the sector's middle half€144,285above the sector's middle half▲ 363%€171,987above the sector's middle half▲ 19.2%€122,757above the sector's middle half▼ 28.6%
Solvency13.2%below the sector's middle half▼ 6.5pp32.5%within the sector's middle half▲ 19.3pp66.3%within the sector's middle half▲ 33.8pp89.9%above the sector's middle half▲ 23.7pp76.9%within the sector's middle half▼ 13.0pp
Current ratio0.85below the sector's middle half▼ 0.141.28within the sector's middle half▲ 0.422.67within the sector's middle half▲ 1.408.86above the sector's middle half▲ 6.183.85within the sector's middle half▼ 5.00
Return on assets (ROA)-13.5%below the sector's middle half▼ 56.9pp26.2%above the sector's middle half▲ 39.7pp44.9%above the sector's middle half▲ 18.7pp12.3%within the sector's middle half▼ 32.7pp-28.0%below the sector's middle half▼ 40.3pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 83% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €186,688
Fixed assets
€20,877 ▼ 12.9%
Current assets
€165,811 ▼ 14.5%
Equity and liabilities €186,688
Equity
€143,634 ▼ 26.7%
Debt
€43,054 ▲ 96.6%
Debt's share of the balance-sheet total rises from 10.1% to 23.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11,321▼
2023 · €53,989
Cash flow
-€49,230▼
2023 · €31,062
Debt to equity
0.30▲
2023 · 0.11
ROE
-36.4%▼
2023 · 13.6%
Interest coverage
9.54▼
2023 · 33.61
Debt ≤ 1 year
€43,054▲
2023 · €21,895
Income taxes
€59,483▲
2023 · €21,332
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,836 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,182 | €4,511 | €5,650 | €4,329 | €3,097 | ▼ 28.5% |
| Other operating charges640/8 | - | €9,250 | €3,450 | €3,594 | €1,728 | ▼ 51.9% |
| Gross operating margin9900 | -€5,167 | €94,561 | €169,557 | €57,584 | €13,049 | ▼ 77.3% |
| Operating profit (loss)9901 | -€9,635 | €80,801 | €160,456 | €49,660 | €8,224 | ▼ 83.4% |
| Financial income75/76B | - | €1 | €315 | €11 | €118 | ▲ 937% |
| Recurring financial income75 | €1 | €1 | €315 | €11 | €118 | ▲ 937% |
| Financial charges65/66B | - | €1,818 | €1,750 | €1,606 | €1,186 | ▼ 26.1% |
| Recurring financial charges65 | €1,104 | €1,818 | €1,750 | €1,606 | €1,186 | ▼ 26.1% |
| Profit (loss) for the period before taxes9903 | -€10,738 | €78,984 | €159,021 | €48,065 | €7,156 | ▼ 85.1% |
| Income taxes67/77 | - | €35,044 | €44,270 | €21,332 | €59,483 | ▲ 179% |
| Profit (loss) for the period9904 | -€10,738 | €43,940 | €114,751 | €26,733 | -€52,327 | ▼ 296% |
| Profit (loss) for the period to be appropriated9905 | -€10,738 | €43,940 | €114,751 | €26,733 | -€52,327 | ▼ 296% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,650 | €167,635 | €255,411 | €217,855 | €186,688 | ▼ 14.3% |
| Fixed assets21/28 | €20,615 | €23,316 | €24,942 | €23,974 | €20,877 | ▼ 12.9% |
| Tangible fixed assets22/27 | €12,479 | €15,181 | €16,807 | €15,839 | €12,742 | ▼ 19.6% |
| Land and buildings22 | - | €7,980 | €12,633 | €10,863 | €9,093 | ▼ 16.3% |
| Plant, machinery and equipment23 | - | €4,816 | €2,982 | €1,718 | €727 | ▼ 57.7% |
| Furniture and vehicles24 | - | €2,385 | €1,192 | €3,258 | €2,922 | ▼ 10.3% |
| Financial fixed assets28 | €8,135 | €8,135 | €8,135 | €8,135 | €8,135 | = |
| Current assets29/58 | €59,035 | €144,319 | €230,469 | €193,881 | €165,811 | ▼ 14.5% |
| Amounts receivable within one year40/41 | €3,751 | €1,827 | €129,533 | €42,802 | €8,604 | ▼ 79.9% |
| Trade receivables40 | - | - | €119,964 | €41,102 | €1,890 | ▼ 95.4% |
| Other amounts receivable41 | - | €1,827 | €9,569 | €1,700 | €6,714 | ▲ 295% |
| Cash at bank and in hand54/58 | €55,284 | €142,492 | €100,936 | €151,080 | €157,206 | ▲ 4.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,650 | €167,635 | €255,411 | €217,855 | €186,688 | ▼ 14.3% |
| Equity10/15 | €10,537 | €54,477 | €169,228 | €195,961 | €143,634 | ▼ 26.7% |
| Contributions10/11 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Capital10 | - | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Issued capital100 | - | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Reserves13 | €2,703 | €23,490 | €138,241 | €164,974 | €112,647 | ▼ 31.7% |
| Non-distributable reserves130/1 | - | €925 | €925 | €3,099 | €3,099 | = |
| Legal reserve130 | - | €925 | €925 | €3,099 | €3,099 | = |
| Distributable reserves133 | - | €22,565 | €137,316 | €161,875 | €109,549 | ▼ 32.3% |
| Profit (loss) carried forward14 | -€23,153 | - | - | - | - | - |
| Amounts payable17/49 | €69,113 | €113,159 | €86,183 | €21,895 | €43,054 | ▲ 96.6% |
| Amounts payable within one year42/48 | €69,113 | €113,159 | €86,183 | €21,895 | €43,054 | ▲ 96.6% |
| Trade debts44 | €1,835 | €24,446 | €25,573 | €1,859 | €15,961 | ▲ 759% |
| Suppliers440/4 | - | €24,446 | €25,573 | €1,859 | €15,961 | ▲ 759% |
| Taxes, remuneration and social security45 | - | €16,341 | €60,611 | - | €11,426 | - |
| Taxes450/3 | - | €16,341 | €60,611 | - | €11,426 | - |
| Other amounts payable47/48 | - | €72,372 | - | €20,036 | €15,667 | ▼ 21.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,738 | €43,940 | €114,751 | €26,733 | -€52,327 | ▼ 296% |
| + Depreciation and write-downs630 | €3,182 | €4,511 | €5,650 | €4,329 | €3,097 | ▼ 28.5% |
| Operating cash flow (approximation) | -€7,557 | €48,451 | €120,401 | €31,062 | -€49,230 | ▼ 258% |
| Investment in fixed assets (approximation) | - | -€7,212 | -€7,276 | -€3,361 | €0 | ▲ 100% |
| Change in cash | - | €87,208 | -€41,555 | €50,143 | €6,127 | ▼ 87.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Weakest financial yearnet -€52,327
Net result drops to -€52,327, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 8.86
Current ratio from 2.67 to 8.86; short-term debt falls from €86,183 to €21,895.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Highest result since 2018net €114,751 ▲161%
Operating result €160,456, net result €114,751, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.67
Current ratio from 1.28 to 2.67; short-term debt falls from €113,159 to €86,183.
31-12
Financial
Equity above €150,000Eq €169,228 ▲211%
2 profitable years in a row build equity to €169,228.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
31-12
Financial
Back to profitnet €43,940
Net result €43,940 after one loss-making year.
21-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Merksplas · 1 establishment unit since 1983
Ground area
2,950 m²
Building footprint
231 m²
Volume, LiDAR
1,169 m³
Parcel 13023G0123/00K004, Flanders · tallest building 14.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Esdoornstraat 3, 2330 Merksplas
since 19832.022.521.165
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023G0123/00K004 | Flanders | 2,950 m² | 1 · 231 m² | 14.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,236 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-05-1983
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
46610Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424471901
Also
9925:BE0424471901
Registered
06-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.