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INFITARIF

Active Private limited companyfounded 2012active for 14 yearsRue des Grands-Prés 33, 4032 LiègeKBO/BCE: BE 0843.258.612

Lifetime

14 annual accounts with figures on one time axis
peak €429,098 (2018)
€407,395▲ 7.4%
peak €197,221 (2018)
€147,830▲ 8.9%
peak €230,324 (2025)
€230,324▲ 16.9%
€247,731▲ 35.4%
peak 4.5 FTE (2016)
3.2 FTE▼ 23.8%
Board7 names since 2022
6 directorsCMR MANAGEMENT and 5 others
Owners4 names in the annual accounts
40%DUO INVEST HOLDING SPRL and 3 others
Documentsfilings and deeds
31-03-2026122 days before the deadline
2025financial year
Staff from 4.2 FTE to 3.2 FTEDividend €100,000Equity from €196,994 to €230,324Debts from €183,004 to €247,731Investments €90,733

Key points

from the 2025 annual accounts

Equity

€230,324 ▲ 16.9%
196,9942024+147,830Profit-100,000Dividend-14,500Other230,3242025

INFITARIF paid out €100,000 in dividends. That is 68% of the 2025 profit.

Turnover

≈ €750,000 estimated

The accounts state no turnover.

Debts

€247,731 ▲ 35.4%
Taxes and wages
+23,154
Suppliers
+10,606
The rest
+30,967

Debts rose by €64,727 in 2025.

Investments

€90,733 3.0 × depreciation
2021202220242025

Green is investment, beige is depreciation.

Staff

4 employees on 31-12-2025
012021102022012025

In 2025, nobody joined and 1 person left.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

Two of the last ten came late. The 2017 accounts came latest: 29 days after the end of the period.

Checked score

94
Excellent
Financially stronger than 58% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

73-4equity 48.2% of total assets
47-6short-term debt 43.0% · cash 14.1%
100=return on assets 30.9%

Score breakdown

lowers risk
Equity €230,324 (48.2% of total assets)
Liquidity: current ratio 1.81, cash €67,275
Figures for financial year 2025 (filed on 31-03-2026)
Sector: Office administrative, office support and other business support activities (NACE 82)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 50% of them on solvency, 31% on liquidity, 87% on profitability and 63% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as INFITARIF has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of INFITARIF itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for INFITARIF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €21,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.81 (1.84 in 2024), above the usual 1.5. Short-term debt is 43% and cash 14.1% of total assets. However, 51.8% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Equity €230,324 (48.2% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.81, cash €67,275
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 31-03-2026)
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €230,324
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
122 days early
2024
37 days early
2023
125 days early
2022
32 days early
2021
40 days early
2020
93 days early
2019
64 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 73 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (4 of the last 5 accounts filed within 82 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CM
Director, MULLER Raphaël Roger Pierre
C
Director, RENSONNET Christophe
F
Director, RENSONNET Nicolas
LM
Director, LOPEZ RODRIGUEZ Laurent Johann
RM
Director, TROISFONTAINES Romain Etienne Didier Eric
  • DUO INVEST HOLDING SPRL 40%score 91equity €497,630 (2025) · annual accounts 2025
  • CREINVEST 20%score 94equity €229,781 (2025) · annual accounts 2025
  • FiNexolaR 20%score 94equity €223,555 (2025) · annual accounts 2025
and 1 other shareholderBoard & ownership

Recent changes

5 directors appointed, 1 manager resigning Change of role: COLLIN Michaël Daniel André Robert, from manager to director · Resignation: DUO INVEST HOLDING (manager) · Appointments: LLR MANAGEMENT, CMR MANAGEMENT, RTR MANAGEMENT, FINEXOLAR and CREINVEST · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0843258612
Incorporation published on 02-02-2012 · Gazette deed
First establishment Rue des Combattants 59, Chaudfontaine
All 22 events

Comparable companies

same main activity, similar in size and age
Company
INFITARIF Liège €0.5m €407,395 48.2% 3.2
ESIA Sprimont €0.4m €333,020 -24.9% 5
Belgian Electrical Project Company Pajottegem €0.7m €458,647 63.1% 4.8
LIVING OFFICES Herentals €0.7m €390,544 -76.3% 2.9
HDKL Ham €0.4m €655,581 78.3% 4.4
RIJSWAARD BELGIË Hasselt €0.3m €388,409 -35.2% 3.7
SCE GESTION SOCIALE Welkenraedt €1.1m €537,891 80.6% 3.9

These companies have the same main activity as INFITARIF: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €269,000 and €1.1m, founded between 2008 and 2013.

Official details

Source: KBO
Status
Active since 31-01-2012Normal situation
Activity
Office administrative and support servicesNACE 82100
Establishment unit
2.206.417.7254051 Chaudfontaine, since 31-01-2012
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€478,055▲ 25.8%
Employeeson 31-12-2025
4▼ 20.0%
Filing
Filed on 31-03-2026, 122 days before the end of the filing period
Financials

Insights on INFITARIF

INFITARIF has existed since 2012. The present size dates from 2014. The gross margin rose that year from €94,372 to €200,139 and staff from 0.6 to 2.2 full-time equivalents.

The gross margin has grown every year since 2022.

In November 2022, the Official Gazette published the appointment of COLLIN Michaël Daniel André Robert as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about INFITARIF

What is the company number of INFITARIF?
The company number of INFITARIF is 0843.258.612. The VAT number is the same number with BE in front: BE 0843.258.612.
Where is INFITARIF based?
The registered office is at Rue des Grands-Prés 33, 4032 Liège.Company details
What does INFITARIF do?
According to the KBO register, the main activity is office administrative and support services (NACE 82100).
What is the legal form of INFITARIF?
INFITARIF is a private limited company (BV).
When was INFITARIF founded?
INFITARIF was founded on 31-01-2012.
Is INFITARIF still active?
Yes, INFITARIF is an active enterprise in the KBO register.
How many employees does INFITARIF have?
INFITARIF had an average of 3.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of INFITARIF?
The turnover in financial year 2025 is ≈ €750,000. This figure is estimated from the gross margin of €407,395 and 43 comparable companies (NACE 82). It probably lies between €500,000 and €1.3m.
Is INFITARIF profitable?
In financial year 2025, INFITARIF made a profit of €147,830.
Where can I find the annual accounts of INFITARIF?
INFITARIF filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INFITARIF due?
INFITARIF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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