INFIGEST
ActiveSummary
The computed 12-month bankruptcy probability of INFIGEST is 1.8% (moderate). The 2025 annual accounts show equity of €15,844 and a net result of -€10,315. Equity is shrinking by ~16.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-14
Solvency74▼-15
Growth32=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 2.54 in 2024; short-term debt: 50.6% and cash: 34% of total assets), but 50.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
49.4%
Return on assets
-32.2%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€10,315
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
56 d early
2023
85 d late
2022
on the day
2021
on the day
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 4 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (4 of the last 5 filed years within 56 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€15,844▼ 39.4%
2024 · €26,160
Total assets
€32,041▼ 21.2%
2024 · €40,678
Net result
-€10,315▼ 166%
2024 · -€3,872
Working capital
€8,695▼ 61.2%
2024 · €22,414
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€15,686▼ 39.1%€4,038▼ 74.3%-€16,204-€3,918▲ 75.8%-€9,681▼ 147%
Net result€7,920▼ 58.9%€1,861▼ 76.5%-€16,560-€3,872▲ 76.6%-€10,315▼ 166%
Equity€44,731▼ 32.8%€46,592▲ 4.2%€30,032▼ 35.5%€26,160▼ 12.9%€15,844▼ 39.4%
Total assets€117,313▼ 16.9%€111,217▼ 5.2%€63,307▼ 43.1%€40,678▼ 35.7%€32,041▼ 21.2%
Debt€72,581▼ 2.8%€64,625▼ 11.0%€33,275▼ 48.5%€14,519▼ 56.4%€16,197▲ 11.6%
Working capital€39,288▼ 40.1%€46,154▲ 17.5%€26,575▼ 42.4%€22,414▼ 15.7%€8,695▼ 61.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,681 in 2025 against €3,918 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,041
Fixed assets
€7,149 ▲ 90.9%
Current assets
€24,892 ▼ 32.6%
Equity and liabilities €32,041
Equity
€15,844 ▼ 39.4%
Debt
€16,197 ▲ 11.6%
Debt's share of the balance-sheet total rises from 35.7% to 50.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€7,376▼
2024 · -€2,518
Cash flow
-€8,010▼
2024 · -€2,473
Current ratio
1.54▼
2024 · 2.54
Debt to equity
1.02▲
2024 · 0.56
ROE
-65.1%▼
2024 · -14.8%
ROA
-32.2%▼
2024 · -9.5%
Interest coverage
7375.88
Debt ≤ 1 year
€16,197▲
2024 · €14,519
Income taxes
€635▲
2024 · €227
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 bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,572 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,543 | €473 | €473 | €1,400 | €2,305 | ▲ 64.7% |
| Other operating charges640/8 | - | €3,753 | €1,015 | €453 | €966 | ▲ 113% |
| Non-recurring operating charges66A | - | €19,416 | - | - | €727 | - |
| Gross operating margin9900 | €25,326 | €27,680 | -€14,716 | -€2,065 | -€5,683 | ▼ 175% |
| Operating profit (loss)9901 | €15,686 | €4,038 | -€16,204 | -€3,918 | -€9,681 | ▼ 147% |
| Financial income75/76B | - | €74 | €27 | €272 | - | - |
| Recurring financial income75 | €44 | €74 | €27 | €272 | - | - |
| Financial charges65/66B | - | €891 | €61 | - | -€1 | - |
| Recurring financial charges65 | €3,524 | €891 | €61 | - | -€1 | - |
| Profit (loss) for the period before taxes9903 | €12,205 | €3,221 | -€16,238 | -€3,645 | -€9,680 | ▼ 166% |
| Income taxes67/77 | €4,285 | €1,360 | €322 | €227 | €635 | ▲ 180% |
| Profit (loss) for the period9904 | €7,920 | €1,861 | -€16,560 | -€3,872 | -€10,315 | ▼ 166% |
| Profit (loss) for the period to be appropriated9905 | €7,920 | €1,861 | -€16,560 | -€3,872 | -€10,315 | ▼ 166% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €117,313 | €111,217 | €63,307 | €40,678 | €32,041 | ▼ 21.2% |
| Fixed assets21/28 | €12,175 | €2,839 | €3,457 | €3,746 | €7,149 | ▲ 90.9% |
| Tangible fixed assets22/27 | €12,175 | €2,839 | €3,457 | €3,746 | €7,149 | ▲ 90.9% |
| Furniture and vehicles24 | - | €2,839 | €3,457 | €3,746 | €7,149 | ▲ 90.9% |
| Current assets29/58 | €105,137 | €108,378 | €59,850 | €36,933 | €24,892 | ▼ 32.6% |
| Amounts receivable within one year40/41 | €396 | €11,765 | €6,942 | €11,631 | €72 | ▼ 99.4% |
| Trade receivables40 | - | €11,765 | - | €8,700 | €72 | ▼ 99.2% |
| Other amounts receivable41 | - | - | €6,942 | €2,931 | - | - |
| Cash at bank and in hand54/58 | €101,123 | €96,111 | €38,864 | €2,812 | €10,889 | ▲ 287% |
| Deferred charges and accrued income490/1 | - | €502 | €14,044 | €22,490 | €13,931 | ▼ 38.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €117,313 | €111,217 | €63,307 | €40,678 | €32,041 | ▼ 21.2% |
| Equity10/15 | €44,731 | €46,592 | €30,032 | €26,160 | €15,844 | ▼ 39.4% |
| Contributions10/11 | €11,200 | €11,200 | €11,200 | €11,200 | €11,200 | = |
| Capital10 | - | €11,200 | €11,200 | €11,200 | €11,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €7,400 | €7,400 | €7,400 | €7,400 | = |
| Reserves13 | €1,736 | €1,736 | €1,736 | €1,736 | €1,736 | = |
| Non-distributable reserves130/1 | - | €1,736 | €1,736 | €1,736 | €1,736 | = |
| Legal reserve130 | - | €1,736 | €1,736 | €1,736 | €1,736 | = |
| Profit (loss) carried forward14 | €31,795 | €33,656 | €17,096 | €13,223 | €2,908 | ▼ 78.0% |
| Amounts payable17/49 | €72,581 | €64,625 | €33,275 | €14,519 | €16,197 | ▲ 11.6% |
| Amounts payable after more than one year17 | €6,132 | €1,800 | - | - | - | - |
| Other amounts payable178/9 | - | €1,800 | - | - | - | - |
| Amounts payable within one year42/48 | €65,849 | €62,225 | €33,275 | €14,519 | €16,197 | ▲ 11.6% |
| Current portion of amounts payable after more than one year42 | - | €4,332 | - | - | - | - |
| Trade debts44 | €40,056 | €56,533 | €32,953 | €13,969 | €1,128 | ▼ 91.9% |
| Suppliers440/4 | - | €56,533 | €32,953 | €13,969 | €1,128 | ▼ 91.9% |
| Taxes, remuneration and social security45 | - | €1,360 | €322 | €549 | €635 | ▲ 15.7% |
| Taxes450/3 | - | €1,360 | €322 | €549 | €635 | ▲ 15.7% |
| Other amounts payable47/48 | - | - | - | - | €14,434 | - |
| Accrued charges and deferred income492/3 | - | €600 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,920 | €1,861 | -€16,560 | -€3,872 | -€10,315 | ▼ 166% |
| + Depreciation and write-downs630 | €7,543 | €473 | €473 | €1,400 | €2,305 | ▲ 64.7% |
| Operating cash flow (approximation) | €15,463 | €2,334 | -€16,087 | -€2,473 | -€8,010 | ▼ 224% |
| Investment in fixed assets (approximation) | - | €8,863 | -€1,091 | -€1,688 | -€5,709 | ▼ 238% |
| Change in cash | - | -€5,012 | -€57,247 | -€36,052 | €8,077 | ▲ 122% |
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
06-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
2023
30-06
Financial
Weakest financial yearnet -€16,560
Net result drops to -€16,560, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €19,285 ▲21.5%
Operating result €25,747, net result €19,285, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 11 days late
2018
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
31-01
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
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, Courcelles · 2 establishment units since 2005
Ground area
645 m²
Building footprint
157 m²
Volume, LiDAR
859 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rue du Bâty(TR) 3, 6183 Courcelles
since 20052.186.553.115
Rue du Bâty(TR) 5, 6183 Courcelles
since 20052.186.553.412
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52066B0198/00S004 | Wallonia | 338 m² | 1 · 60 m² | - |
| 52066B0198/00C004 | Wallonia | 307 m² | 1 · 97 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded09-09-2005
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875960478
Also
9925:BE0875960478
Registered
18-12-2025
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.