Result
-€59,217 -€59,217
From profit to loss in 2025, after a profit of €93,055 in 2024.
Infra-Struct
Lifetime
9 annual accounts with figures on one time axisGross marginpeak €97,572 (2024)
-€39,545▼ €137,117
Resultlowest -€59,217 (2025)
-€59,217▼ €152,272
Equitypeak €262,634 (2024)
€203,417▼ 22.5%
Debts
€20,803▼ 86.7%
Board5 names since 2016
4 directorsAdvasgo and 3 others
Owners4 names in the annual accounts
25%Chapter George and 1 other
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Gross margin from €97,572 to -€39,545Loss of €59,217Equity from €262,634 to €203,417Debts from €155,913 to €20,803Cash from €159,310 to €752
Key points
from the 2025 annual accountsLiquidity
10.78 was 2.68 in 2024
Short-term debts fell from €155,913 to €20,803.
Filings
9 annual accounts since 2017
The last five annual accounts were filed 13 to 37 days before the end of the period.
Turnover not published (abbreviated or micro format)
Checked score
68
Healthy
Financially stronger than 42% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: < 0.1%▼ -0.3 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
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%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.7%▲ +0.6 percentage points vs 09-2026highest value
11-2026: 0.7%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Loss of €59,217 (financial year 2025)
Liquidity: current ratio 10.78, cash €752, halved
lowers risk
Sector: Real estate activities (NACE 68)
Equity €203,417 (90.7% of total assets)
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 68, micro). It does better than 91% of them on solvency, 53% on liquidity, 4% on profitability and 20% on growth.
The bankruptcy probability was computed on 05-11-2026 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 low class on 30-06-2025, 0.8% 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, 3,591 companies had the same profile as Infra-Struct has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Infra-Struct itself: 0.7% 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.
| 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 3,591 companies, not a prediction for Infra-Struct. 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 €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 10.78 (2.68 in 2024), above the usual 1.5. Short-term debt is 9.3% and cash 0.3% of total assets. 9.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
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 24-06-2026, 37 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
37 days early
2024
13 days early
2023
16 days early
2022
19 days early
2021
20 days early
2020
23 days early
2019
18 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 21 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 12 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
A
Advasgo
Director, Carrette Tony, since 01-01-2020
GG
GROEP G & S
Director, Defeyter Griet, since 01-01-2020
W
WINGMAN
Director, Van Wanseele Jean, since 01-01-2020
- Chapter George 25%score 82equity €14.6m (2025) · 2025 annual accounts of Chapter George
- GROEP G & S 25%score 85equity €6.9m (2025) · 2025 annual accounts of GROEP G & S
- WINGMAN 25%score 97equity €1.7m (2025) · 30-06-2025 annual accounts of WINGMAN
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0666878265
Environmental permit granted
Aanleg van nieuwe verkeersweg, Het reliëf van de bodem aanmerkelijk wijzigen · Temse
4 directors appointed, 1 resignation
Resignation: Indel Invest · Appointments: Chapter George, GROEP G & S, WINGMAN and Advasgo · Permanent representatives: Valcke Stephanie Maria Paula Gilberte Erica, Defeyter Griet, Van Wanseele Jean and Carrette Tony · General meeting of 22-05-2024 · Gazette deed
Environmental permit refused
Aanleg van nieuwe verkeersweg, Verwijderen van vrijstaande gebouwen · Asse
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Infra-Struct Harelbeke | €224,220 | -€39,545 | 90.7% | - |
| MOPHIL Anderlecht | €209,871 | -€8,346 | -99.8% | - |
| IMMO GO Fleurus | €253,698 | -€420 | 2.5% | - |
| BDVV Wasseiges | €266,183 | -€6,260 | 9.6% | - |
| MATTONI Zottegem | €179,361 | -€10,435 | 24.3% | - |
| ODD CONSTRUCT Brussels | €275,331 | -€2,413 | 57.2% | 0 |
| AD IMMO PRO Ans | €292,807 | -€10,500 | -30.3% | - |
These companies have the same main activity as Infra-Struct: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €179,000 and €293,000, founded between 2016 and 2017.
Official details
Source: KBO- Status
- Active since 01-12-2016Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 6 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110and 3 others
- Establishment unit
- 2.265.369.7718540 Deerlijk, since 01-12-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- Total assets
- €224,220▼ 46.4%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on Infra-Struct
Infra-Struct files the abbreviated format. That format states no turnover. The gross margin fell from €7,668 in 2017 to -€39,545 in 2025.
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 Infra-Struct
- What is the company number of Infra-Struct?
- The company number of Infra-Struct is 0666.878.265. The VAT number is the same number with BE in front: BE 0666.878.265.
- Where is Infra-Struct based?
- The registered office is at Harpstraat 5, 8530 Harelbeke.Company details
- What does Infra-Struct do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of Infra-Struct?
- Infra-Struct is a private limited company (BV).
- When was Infra-Struct founded?
- Infra-Struct was founded on 01-12-2016.
- Is Infra-Struct still active?
- Yes, Infra-Struct is an active enterprise in the KBO register.
- What is the turnover of Infra-Struct?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it. In financial year 2022 turnover was €687,731.Financials
- Is Infra-Struct profitable?
- In financial year 2025, Infra-Struct made a loss of €59,217.
- Where can I find the annual accounts of Infra-Struct?
- Infra-Struct filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Infra-Struct due?
- Infra-Struct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.