INFRA
ActiveSummary
INFRA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €261,346. Equity remains stable across the filed fiscal years (±0% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Activity not known1 site
How big
€405,753turnover 2025
- Equity
- €3.5m
- Profit
- €261,346
Who decides
- Parent
- BROUWERIJ-HANDELSMAATSCHAPPIJ · 99.84%
- Holdings
- 1
Accounts 29 d early0 of 11 deeds read
Why 91- No NACE activity registered+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+4
Solvency100=
Growth62▲+16
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.2 in 2024; short-term debt: 8.1% of total assets), and 11.7% 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
Five 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.3%
Return on assets
6.6%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
30 d early
2023
40 d early
2022
4 d late
2021
30 d late
2020
31 d early
2019
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 9 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Highest result since 2018net €261,346 ▲170%
- Annual accounts filedfiscal year 2024 · full…
Financials
Fiscal year 2025Turnover €405,753Profit €261,346Solvency 88.3%Liquidity 0.08
Turnover
€405,753▼ 4.1%
2018 - 2025
Net result
€261,346▲ 170%
2018 - 2025
Equity
€3.5m=
2018 - 2025
Solvency
88.3%▼ 5.1pp
2018 - 2025
Financials · fiscal year 2025, full schema
Trend over the years
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0.4m▲ 12.2%€0.5m▲ 17.4%€0.5m▼ 0.3%€0.4m▼ 7.7%€0.4m▼ 4.1%
Operating result€0.2m▼ 5.2%€0.2m▲ 44.0%€0.3m▲ 46.2%€0.1m▼ 64.8%€0.3m▲ 203%
Net result€0.1m▼ 5.3%€0.2m▲ 49.6%€0.3m▲ 55.5%€0.1m▼ 61.4%€0.3m▲ 170%
EBIT margin38.7%▼ 7.1pp47.4%▲ 8.8pp69.5%▲ 22.1pp26.5%▼ 43.0pp83.9%▲ 57.3pp
Equity€3.5m=€3.5m=€3.5m=€3.5m=€3.5m=
Total assets€3.8m▼ 0.3%€3.8m▲ 0.3%€4.0m▲ 5.3%€3.8m▼ 6.0%€4.0m▲ 5.7%
Debt€0.2m▼ 2.9%€0.2m▲ 9.2%€0.4m▲ 112%€0.2m▼ 59.7%€0.3m▲ 109%
Working capital-€0.2m-€0.4m▼ 117%-€0.1m▲ 67.7%-€0.3m▼ 136%
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 203% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.0m
Fixed assets
€4.0m ▲ 5.9%
Current assets
€27,110 ▼ 13.8%
Equity and liabilities €4.0m
Equity
€3.5m =
Provisions
€139,915 ▲ 49.2%
Debt
€326,521 ▲ 109%
Debt's share of the balance-sheet total rises from 4.2% to 8.2%. Debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
€500,818▲
2024 · €279,760
Cash flow
€421,843▲
2024 · €264,452
Current ratio
0.08▼
2024 · 0.20
Debt to equity
0.09▲
2024 · 0.04
ROE
7.4%▲
2024 · 2.8%
ROA
6.6%▲
2024 · 2.6%
Interest coverage
2177.47▲
2024 · 971.39
Debt ≤ 1 year
€322,878▲
2024 · €156,552
Debt > 1 year
€814
Income taxes
€54,067▲
2024 · €46,790
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 20,134 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €391,397 | €474,226 | €598,976 | €423,169 | €628,265 | ▲ 48.5% |
| Turnover70 | €391,283 | €459,351 | €458,172 | €422,880 | €405,753 | ▼ 4.1% |
| Other operating income74 | €114 | €14,875 | €140,804 | €289 | €222,512 | ▲ 76,894% |
| Operating charges60/66A | €240,132 | €256,419 | €280,434 | €310,946 | €287,944 | ▼ 7.4% |
| Services and other goods61 | €68,792 | €79,062 | €106,683 | €133,392 | €120,938 | ▼ 9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €167,811 | €168,797 | €165,494 | €167,537 | €160,497 | ▼ 4.2% |
| Other operating charges640/8 | €3,529 | €8,560 | €8,257 | €10,017 | €6,509 | ▼ 35.0% |
| Operating profit (loss)9901 | €151,265 | €217,807 | €318,542 | €112,223 | €340,321 | ▲ 203% |
| Financial income75/76B | €1,393 | €4,150 | €27,274 | €25,119 | €21,474 | ▼ 14.5% |
| Recurring financial income75 | €1,393 | €4,150 | €27,274 | €25,119 | €21,474 | ▼ 14.5% |
| Income from financial fixed assets750 | €1,393 | €4,150 | €27,274 | €25,119 | €21,474 | ▼ 14.5% |
| Financial charges65/66B | €431 | €579 | €567 | €542 | €275 | ▼ 49.3% |
| Recurring financial charges65 | €431 | €579 | €567 | €542 | €275 | ▼ 49.3% |
| Debt charges650 | - | - | €64 | €288 | €230 | ▼ 20.1% |
| Other financial charges652/9 | €431 | €579 | €503 | €254 | €45 | ▼ 82.3% |
| Profit (loss) for the period before taxes9903 | €152,227 | €221,378 | €345,249 | €136,800 | €361,520 | ▲ 164% |
| Transfer from deferred taxes780 | €6,905 | €6,905 | €6,906 | €6,905 | €6,906 | = |
| Transfer to deferred taxes680 | - | - | - | - | €53,013 | - |
| Income taxes67/77 | €51,096 | €66,715 | €100,860 | €46,790 | €54,067 | ▲ 15.6% |
| Taxes670/3 | €51,096 | €66,715 | €100,860 | €46,790 | €54,067 | ▲ 15.6% |
| Profit (loss) for the period9904 | €108,036 | €161,568 | €251,295 | €96,915 | €261,346 | ▲ 170% |
| Transfer from tax-exempt reserves789 | €20,717 | €20,717 | €20,716 | €20,717 | €20,717 | = |
| Transfer to tax-exempt reserves689 | - | - | - | - | €159,038 | - |
| Profit (loss) for the period to be appropriated9905 | €128,753 | €182,285 | €272,011 | €117,632 | €123,025 | ▲ 4.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.8m | €3.8m | €4.0m | €3.8m | €4.0m | ▲ 5.7% |
| Fixed assets21/28 | €3.8m | €3.8m | €4.0m | €3.7m | €4.0m | ▲ 5.9% |
| Tangible fixed assets22/27 | €3.6m | €3.5m | €3.4m | €3.4m | €3.4m | ▼ 0.7% |
| Land and buildings22 | €3.6m | €3.5m | €3.4m | €3.4m | €3.2m | ▼ 6.7% |
| Assets under construction and advance payments27 | - | - | - | €0.004m | €0.2m | ▲ 4,835% |
| Financial fixed assets28 | €0.2m | €0.3m | €0.6m | €0.3m | €0.6m | ▲ 70.5% |
| Affiliated companies280/1 | €0.2m | €0.3m | €0.6m | €0.3m | €0.6m | ▲ 72.7% |
| Amounts receivable281 | €0.2m | €0.3m | €0.6m | €0.3m | €0.6m | ▲ 72.7% |
| Other financial fixed assets284/8 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 9.3% |
| Shares284 | €200 | €200 | €200 | €200 | €200 | = |
| Amounts receivable and cash guarantees285/8 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 9.5% |
| Current assets29/58 | - | €0.003m | €232 | €0.03m | €0.03m | ▼ 13.8% |
| Amounts receivable within one year40/41 | - | €0.003m | - | €0.03m | €0.03m | ▼ 12.0% |
| Trade receivables40 | - | €320 | - | €0.003m | €0.004m | ▲ 4.2% |
| Other amounts receivable41 | - | €0.003m | - | €0.03m | €0.02m | ▼ 14.3% |
| Deferred charges and accrued income490/1 | - | - | €232 | €0.003m | €0.002m | ▼ 30.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.8m | €3.8m | €4.0m | €3.8m | €4.0m | ▲ 5.7% |
| Equity10/15 | €3.5m | €3.5m | €3.5m | €3.5m | €3.5m | = |
| Contributions10/11 | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | = |
| Capital10 | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | = |
| Issued capital100 | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | = |
| Revaluation surpluses12 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.8m | €0.8m | €0.8m | €0.8m | €0.9m | ▲ 17.6% |
| Non-distributable reserves130/1 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Legal reserve130 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Tax-exempt reserves132 | €0.5m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 35.5% |
| Distributable reserves133 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €0.3m | €0.3m | €0.3m | €0.4m | €0.2m | ▼ 37.8% |
| Provisions and deferred taxes16 | €0.1m | €0.1m | €0.1m | €0.09m | €0.1m | ▲ 49.2% |
| Deferred taxes168 | €0.1m | €0.1m | €0.1m | €0.09m | €0.1m | ▲ 49.2% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.4m | €0.2m | €0.3m | ▲ 109% |
| Amounts payable after more than one year17 | €0.001m | €0.001m | €0.001m | - | €0.001m | - |
| Financial debts170/4 | - | - | - | - | €0.001m | - |
| Other loans174 | - | - | - | - | €0.001m | - |
| Other amounts payable178/9 | €0.001m | €0.001m | €0.001m | - | - | - |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.4m | €0.2m | €0.3m | ▲ 106% |
| Trade debts44 | €0.01m | €0.007m | €0.02m | €0.02m | €0.01m | ▼ 20.1% |
| Suppliers440/4 | €0.01m | €0.007m | €0.02m | €0.02m | €0.01m | ▼ 20.1% |
| Taxes, remuneration and social security45 | €0.05m | €0.01m | €0.1m | €0.04m | €0.05m | ▲ 13.9% |
| Taxes450/3 | €0.05m | €0.01m | €0.1m | €0.04m | €0.05m | ▲ 13.9% |
| Remuneration and social security454/9 | - | €0.001m | - | - | - | - |
| Other amounts payable47/48 | €0.1m | €0.2m | €0.3m | €0.1m | €0.3m | ▲ 168% |
| Accrued charges and deferred income492/3 | €0.001m | - | - | - | €0.003m | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €108,036 | €161,568 | €251,295 | €96,915 | €261,346 | ▲ 170% |
| + Depreciation and write-downs630 | €167,811 | €168,797 | €165,494 | €167,537 | €160,497 | ▼ 4.2% |
| Operating cash flow (approximation) | €275,847 | €330,365 | €416,789 | €264,452 | €421,843 | ▲ 59.5% |
| Investment in fixed assets (approximation) | - | -€174,845 | -€369,092 | €102,525 | -€381,397 | ▼ 472% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Board & ownership
Parent BROUWERIJ-HANDELSMAATSCHAPPIJ · 99.84%1 holding
Directors
Directors
No directors read yet: 0 of 11 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
Highest known parent: FINABRA. The sources do not say who stands above it.
Owners 2
- 99.84%
- 0.16%
Holdings 1
-
1%
According to the 2025 annual accounts of INFRA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 11 Gazette acts processed.
Timeline
12 eventsLatest 02-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €261,346 ▲170%
Operating result €340,321, net result €261,346, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €96,915 ▼61.4%
Net result drops to €96,915, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 4 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 30 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
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.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Public limited company · founded 11-12-1989Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPublic limited company
Founded11-12-1989
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439065253
Registered
13-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Boortmeerbeek · 1 establishment unit since 1999
Ground area
11.1 ha
Building footprint
1.5 ha
Parcel 24014B0099/00E002, Flanders. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Provinciesteenweg 28, 3190 Boortmeerbeek
since 1999unit no. 2.046.380.789
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014B0099/00E002 | Flanders | 11.1 ha | 1 · 1.5 ha | - |
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.
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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