INFRACO
ActiveFor INFRACO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €462k and a net result of €-57k. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 18389 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability53=
Solvency51▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
25.5%
Return on assets
-3.2%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
30 d late
2021
8 d late
2020
1 d early
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€462k▼ 11.0%
2022 · €519k
2018: €80k
2019: €244k
2020: €463k
2021: €584k
2022: €519k
2018 → 2023
Total assets
€1.81M▼ 17.3%
2022 · €2.19M
2018: €639k
2019: €1.05M
2020: €1.46M
2021: €2.02M
2022: €2.19M
2018 → 2023
Net result
€-57k▲ 12.0%
2022 · €-65k
2018: €64k
2019: €164k
2020: €207k
2021: €121k
2022: €-65k
2018 → 2023
Working capital
€79k▼ 40.8%
2022 · €134k
2018: €-14k
2019: €-152k
2020: €316k
2021: €228k
2022: €134k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€244k-€463k▲ 90.1%€584k▲ 26.1%€519k▼ 11.1%€462k▼ 11.0%
Operating result€209k-€277k▲ 32.4%€130k▼ 52.9%€-56k€-25k▲ 55.8%
Net result€164k-€207k▲ 26.2%€121k▼ 41.7%€-65k€-57k▲ 12.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2023 against €56k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.81M
Fixed assets
€1.55M▼ 7.1%
Current assets
€261k▼ 49.9%
Equity and liabilities €1.81M
Equity
€462k▼ 11.0%
Debt
€1.35M▼ 19.3%
The debt ratio falls from 76.3% to 74.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€158k▲
2022 · €122k
Cash flow
€125k▲
2022 · €113k
Solvency
25.5%▲
2022 · 23.7%
Current ratio
1.44▲
2022 · 1.35
Quick ratio
1.42▲
2022 · 1.35
Debt / equity
2.91▼
2022 · 3.21
ROE
-12.4%▲
2022 · -12.5%
ROA
-3.2%▼
2022 · -3.0%
Interest coverage
4.55▼
2022 · 4.57
Debt
€1.35M▼
2022 · €1.67M
Debt ≤ 1 year
€182k▼
2022 · €388k
Debt > 1 year
€1.16M▼
2022 · €1.28M
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€2.19M€1.81M▼
Fixed assets21/28€1.67M€1.55M▼
Tangible fixed assets22/27€1.67M€1.55M▼
Land and buildings22€1.60M€1.49M▼
Plant, machinery and equipment23€839€4k▲
Furniture and vehicles24€68k€56k▼
Financial fixed assets28€100€100=
Current assets29/58€522k€261k▼
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€494k€194k▼
Trade receivables40€123k€33k▼
Other amounts receivable41€372k€161k▼
Cash at bank and in hand54/58€5k€55k▲
Deferred charges and accrued income490/1€22k€9k▼
Equity and liabilities
Total equity and liabilities10/49€2.19M€1.81M▼
Equity10/15€519k€462k▼
Contributions10/11€19k€19k=
Reserves13€566k€443k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€564k€441k▼
Profit (loss) carried forward14€-65k-
Amounts payable17/49€1.67M€1.35M▼
Amounts payable after more than one year17€1.28M€1.16M▼
Financial debts170/4€1.28M€1.16M▼
Amounts payable within one year42/48€388k€182k▼
Current portion of amounts payable after more than one year42€119k€116k▼
Trade debts44€57k€13k▼
Suppliers440/4€57k€13k▼
Taxes, remuneration and social security45€5k€53k▲
Taxes450/3€5k€53k▲
Other amounts payable47/48€207k-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€178k€183k▲
Other operating charges640/8€6k€9k▲
Gross operating margin9900€128k€167k▲
Operating profit (loss)9901€-56k€-25k▲
Financial income75/76B€18k€2k▼
Recurring financial income75€18k€2k▼
Financial charges65/66B€27k€35k▲
Recurring financial charges65€27k€35k▲
Profit (loss) for the period before taxes9903€-65k€-57k▲
Profit (loss) for the period9904€-65k€-57k▲
Profit (loss) for the period to be appropriated9905€-65k€-57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€-122k▼
Profit (loss) brought forward from the previous period14P-€-65k
Transfer from equity791/2-€122k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-65k ▼154%
Net result drops to €-65k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Equity above €500kEq €584k ▲26.1%
4 profitable years in a row build equity to €584k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €207k ▲26.2%
Operating result €277k, net result €207k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 2.74
Current ratio from 0.63 to 2.74; short-term debt falls from €406k to €181k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Equity above €200kEq €244k ▲206%
2 profitable years in a row build equity to €244k.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Jabbeke · 1 establishment unit since 2016
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.
Popstaelstraat 998490 JabbekeGround area
2,216 m²
Building footprint
151 m²
Volume, LiDAR
577 m³
Parcel 31035B0407/00C000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
INFRACO
since 20162.257.684.896
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31035B0407/00C000 | Flanders | 2,216 m² | 1 · 151 m² | 6.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,750 companies in sector 68310 we hold annual accounts for 6,907. 4,667 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded14-09-2016
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.