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infunctievan

Active
Private limited company (pre-2019)founded 201115 yrs activeWaterfordstraat 1, 2600 Antwerpen, BelgiumKBO/BCE: BE 0832.586.533

infunctievan has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €125k and a net result of €7k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+1
Solvency49▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.08 in 2023; short-term debt: 34.8% and cash: 14.1% of total assets), and 75.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
24.3%
Return on assets
1.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11615 sector peers (2024).
NBB · sector comparison
Position among 11615 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
48 d early
2022
52 d early
2021
39 d early
2020
47 d early
2019
42 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€125k▲ 5.6%
2023 · €119k
2018: €99k 2019: €102k 2020: €135k 2021: €115k 2022: €116k 2023: €119k
2018 → 2024
Total assets
€515k▼ 4.0%
2023 · €537k
2018: €413k 2019: €484k 2020: €517k 2021: €614k 2022: €586k 2023: €537k
2018 → 2024
Net result
€7k▲ 157%
2023 · €3k
2018: €-18k 2019: €3k 2020: €33k 2021: €-20k 2022: €762 2023: €3k
2018 → 2024
Working capital
€38k▲ 150%
2023 · €15k
2018: €57k 2019: €56k 2020: €77k 2021: €23k 2022: €2k 2023: €15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€135k-€115k▼ 14.8%€116k▲ 0.7%€119k▲ 2.2%€125k▲ 5.6%
Operating result€47k-€-10k€10k€12k▲ 18.1%€21k▲ 79.7%
Net result€33k-€-20k€762€3k▲ 238%€7k▲ 157%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €47k€47kNet result 2020: €33k€33kOperating result 2021: €-10k€-10kNet result 2021: €-20k€-20kOperating result 2022: €10k€10kNet result 2022: €762€762Operating result 2023: €12k€12kNet result 2023: €3k€3kOperating result 2024: €21k€21kNet result 2024: €7k€7k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 80% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €515k
Fixed assets €298k▼ 12.9%
Current assets €217k▲ 12.0%
Equity and liabilities €515k
Equity €125k▲ 5.6%
Debt €390k▼ 6.7%
The debt ratio falls from 77.9% to 75.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€70k
2023 · €62k
Cash flow
€55k
2023 · €52k
Solvency
24.3%
2023 · 22.1%
Current ratio
1.21
2023 · 1.08
Quick ratio
1.21
2023 · 1.08
Debt / equity
3.11
2023 · 3.52
ROE
5.3%
2023 · 2.2%
ROA
1.3%
2023 · 0.5%
Interest coverage
6.99
2023 · 6.51
Debt
€390k
2023 · €418k
Debt ≤ 1 year
€179k
2023 · €179k
Debt > 1 year
€211k
2023 · €239k
Income taxes
€5k
Staff costs
€187k
2023 · €179k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€537k€515k
Fixed assets21/28€343k€298k
Tangible fixed assets22/27€343k€298k
Land and buildings22€155k€138k
Plant, machinery and equipment23€184k€158k
Furniture and vehicles24€4k€2k
Current assets29/58€194k€217k
Amounts receivable within one year40/41€131k€144k
Trade receivables40€131k€144k
Cash at bank and in hand54/58€61k€73k
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€537k€515k
Equity10/15€119k€125k
Contributions10/11€19k€19k=
Reserves13€117k€117k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€115k€115k=
Profit (loss) carried forward14€-17k€-10k
Amounts payable17/49€418k€390k
Amounts payable after more than one year17€239k€211k
Financial debts170/4€230k€209k
Other amounts payable178/9€9k€2k
Amounts payable within one year42/48€179k€179k
Current portion of amounts payable after more than one year42€27k€22k
Financial debts43€8k€9k
Credit institutions430/8€2k€3k
Other loans439€7k€7k
Trade debts44€35k€32k
Suppliers440/4€35k€32k
Taxes, remuneration and social security45€53k€66k
Taxes450/3€6k€26k
Remuneration and social security454/9€47k€40k
Other amounts payable47/48€55k€50k
Income statement Code20232024
Remuneration, social security and pensions62€179k€187k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€49k
Other operating charges640/8€384€387
Gross operating margin9900€241k€258k
Operating profit (loss)9901€12k€21k
Financial income75/76B€139-
Recurring financial income75€139-
Financial charges65/66B€9k€10k
Recurring financial charges65€9k€10k
Profit (loss) for the period before taxes9903€3k€11k
Income taxes67/77-€5k
Profit (loss) for the period9904€3k€7k
Profit (loss) for the period to be appropriated9905€3k€7k
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-10k
Profit (loss) brought forward from the previous period14P€-19k€-17k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
09-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €762
Net result €762 after one loss-making year.
22-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €-20k ▼161%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
14-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €33k ▲861%
Operating result €47k, net result €33k, both a record.
19-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial Equity above €100kEq €102k ▲3.5%
Equity rises from €99k to €102k.
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
13-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Antwerpen · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Waterfordstraat 12600 Antwerpen
Ground area
67 m²
Building footprint
67 m²
Parcel 11003A0117/00P007, Flanders. Linked by address, not a title deed.
1 establishment unit
FOCUS IMAGES
Waterfordstraat 1, 2600 AntwerpenOther professional, scientific and technical activities
since 20112.194.992.907
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003A0117/00P007 Flanders 67 m² 1 · 67 m² -
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

2023 · 1 entry · 1,842 EUR awarded · 1,842 EUR paid
Year Entries awardedpaid
2023 1 1,842 EUR1,842 EUR
Schemes
Vlaams opleidingsverlof (VOV)
1 entry · 1,842 EUR · 1,842 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 11,554 companies in sector 71121 we hold annual accounts for 6,563. 5,240 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded05-01-2011
Fiscal year end31-12
Abbreviation NL IFV
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:info@infunctievan.be
Enterprise