Financials
- Fiscal year
- 2024
- Total assets
- €560,551
- Profit
- €79,643
- Solvency
- 30.3%
Total assets▲ 20.4%
Net result
20222024
Infra Connection
ActiveSummary
The computed 12-month bankruptcy probability of Infra Connection is 4.4% (elevated). The 2024 annual accounts show equity of €169,752 and a net result of €79,643. Equity is growing by ~72.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 1332 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Civil engineering
NACE 42211
2 sites
Size
€560,551total assets 2024
- Staff
- 4.5 FTE
- Equity
- €169,752
- Profit
- €79,643
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 1 deed read
Why 49- Figures for FY 2024 (filed 10-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 41 days late; 3 of the last 3 late- Liquidity: current ratio 1.17, cash €1,741, halved+ Size: total assets €560,551Show the evidence
Checked score
Score 2024
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 50% of its sector peers (NACE 42, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
55+11
equity 30.3% of total assets
Liquidity
17-2
short-term debt 62.8% · cash 0.3%
Profitability
87+5
return on assets 14.2%
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 5 months
06-2026: 2.5%
07-2026: 2.4%▼ -1.5% vs 06-2026lowest value
08-2026: 3.2%▲ +32.3% vs 07-2026
09-2026: 3.3%▲ +4.0% vs 08-2026
10-2026: 4.4%▲ +30.6% vs 09-2026highest value
- Figures for FY 2024 (filed 10-09-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 41 days late; 3 of the last 3 late raises the probability
- Liquidity: current ratio 1.17, cash €1,741, halved raises the probability
- Size: total assets €560,551 lowers the probability for this profile
Credit up to €8,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.17 against 1.14 in 2023; short-term debt: 62.8% and cash: 0.3% of total assets), and 69.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 42, micro). Better than this share of them on solvency 35%, liquidity 11%, profitability 69%, growth against the median 87%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
41 d late
2023
46 d late
2022
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2022net €79,643 ▲57.5%
- Equity above €150,000Eq €169,752 ▲88.4%
Key points
By topic
Timeline
- Events
- 5
- Since
- 2023
- 10-09-2025Annual accounts filed
- 31-12-2024Highest result since 2022
- 31-12-2024Equity above €150,000
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Civil engineeringNACE 42211
- Founded
- 19-11-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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