INFOR 400
ActiveINFOR 400 has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-10k) and a net result of €-50. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 5% of 4123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
23
/ 100
Critical▼ -30 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▲+3
Solvency42▼-10
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.88 against 2.59 in 2024), 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
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
-52%
Return on assets
-0.3%
Age of the figures
8 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€10k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
10 d early
2023
11 d early
2022
2 d early
2021
119 d late
2020
140 d late
2019
121 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€0
2019 · €0
2018: €0
2019: €0
2018 → 2020
EBIT margin
Not included in this filing
Net result
€-50▲ 26.5%
2024 · €-68
2018: €-7k
2019: €-2k
2020: €-530
2021: €-137
2022: €-94
2023: €-93
2024: €-68
2018 → 2025
Working capital
€-2k
2024 · €11k
2018: €3k
2019: €1k
2020: €-2k
2021: €-2k
2022: €-2k
2023: €-2k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-9k-€-9k▼ 1.0%€-9k▼ 1.0%€4k€-10k
Net result€-137-€-94▲ 31.4%€-93▲ 1.1%€-68▲ 26.9%€-50▲ 26.5%
Result per fiscal year
Net result
The net result stays negative: a loss of €50 in 2025 against €68 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18k
Fixed assets
€247=
Current assets
€18k=
Key figures and ratios
Solvency
-52.0%▼
2024 · 22.0%
Current ratio
0.88▼
2024 · 2.59
Quick ratio
0.78▼
2024 · 2.29
Debt / equity
-2.92▼
2024 · 3.55
ROE
0.5%▲
2024 · -1.7%
ROA
-0.3%▲
2024 · -0.4%
Debt
€28k▲
2024 · €14k
Debt ≤ 1 year
€21k▲
2024 · €7k
Debt > 1 year
€6k=
2024 · €6k
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€18k€18k=
Fixed assets21/28€247€247=
Financial fixed assets28€247€247=
Current assets29/58€18k€18k=
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Cash at bank and in hand54/58€4k€4k=
Deferred charges and accrued income490/1€12k€12k=
Equity and liabilities
Total equity and liabilities10/49€18k€18k=
Equity10/15€4k€-10k▼
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€25k€12k▼
Non-distributable reserves130/1€14k€2k▼
Legal reserve130-€2k
Other1319€14k-
Distributable reserves133€12k€10k▼
Profit (loss) carried forward14€-40k€-40k▼
Amounts payable17/49€14k€28k▲
Amounts payable after more than one year17€6k€6k=
Financial debts170/4€6k€6k=
Amounts payable within one year42/48€7k€21k▲
Financial debts43€28€28=
Credit institutions430/8€28€28=
Trade debts44€7k€7k=
Suppliers440/4€7k€7k=
Other amounts payable47/48-€14k
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20242025
Financial charges65/66B€68€50▼
Recurring financial charges65€68€50▼
Profit (loss) for the period before taxes9903€-68€-50▲
Profit (loss) for the period9904€-68€-50▲
Profit (loss) for the period to be appropriated9905€-68€-50▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-40k▼
Profit (loss) brought forward from the previous period14P€-40k€-40k▼
The notes to these accounts (4 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity triplescurrent ratio 2.59
Current ratio from 0.88 to 2.59; short-term debt falls from €19k to €7k.
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 119 days late
2021
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 140 days late
2020
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
2019
22-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 144 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 61 days late
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 150 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Theux · 1 establishment unit since 1991
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.
Rue Basse Desnié 274910 TheuxGround area
1,467 m²
Building footprint
80 m²
Volume, LiDAR
566 m³
Parcel 63044C1798/00B000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INFOR 400
since 19912.051.661.450
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63044C1798/00B000 | Wallonia | 1,467 m² | 1 · 80 m² | 8.1 m · 2 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.
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KNARF COMPANY
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MAHI GROUP
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SOLVENGO
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Of 3,209 companies in sector 47400 we hold annual accounts for 1,793. 585 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-02-1991
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.