Equity
INFITARIF paid out €100,000 in dividends. That is 68% of the 2025 profit.
INFITARIF paid out €100,000 in dividends. That is 68% of the 2025 profit.
The accounts state no turnover.
Debts rose by €64,727 in 2025.
Green is investment, beige is depreciation.
In 2025, nobody joined and 1 person left.
Two of the last ten came late. The 2017 accounts came latest: 29 days after the end of the period.
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).
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).
In July 2024, 34,693 companies had the same profile as INFITARIF has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of INFITARIF itself: 0.1% within 12 months.
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.
| 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.
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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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.
| 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.
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.
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