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Generated 25-07-2026
Active BE 0440.130.075Public limited company

Ingelbrecht

Vervlotenweg 62 ·8460 Oudenburg, Belgium· 36 yrs active
Sector: Specialised construction (43120)
Conclusion Checked

The computed 12-month bankruptcy probability of Ingelbrecht is 0.5% (low). The 2024 annual accounts show equity of €696k and a net result of €5k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 984 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €696k
Net result €5k
Staff (FTE) 10.4
Better than sector 42%
Snowflake analysis 5 axes · computed by Checked
Health71Profitability4Solvency53Growth52Stability100
56 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 71
Profitability 4
Solvency 53
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.5% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1990, 36 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
71 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 18-07-2025 with the NBB · fiscal year 2024 · verkort
€0€50k€100kOperating result 2020: €88k€88kNet result 2020: €75k€75kOperating result 2021: €120k€120kNet result 2021: €85k€85kOperating result 2022: €82k€82kNet result 2022: €54k€54kOperating result 2023: €80k€80kNet result 2023: €50k€50kOperating result 2024: €41k€41kNet result 2024: €5k€5k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~10.7%/year over 7 fiscal years, indicative, assuming unchanged policy.
€200k€400k€600k€800k€1.00M2025: €816k (€760k - €872k)2026: €879k (€823k - €935k)2027: €942k (€886k - €997k)2018: €277k2019: €445k2020: €502k2021: €587k2022: €641k2023: €691k2024: €696k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 29.2% 35.4%
better than 42% of 984 sector peers
Net result €5k €30k
better than 27% of 983 sector peers
Equity €696k €118k
better than 86% of 984 sector peers
Gross operating margin €617k €172k
better than 80% of 983 sector peers
Staff costs €430k €196k
higher than 73% of 613 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€176k
+18.6% far above sector median
Net profit
€5k
-89.8% +125% vs sector
Cash flow
€140k
+18.4% far above sector median
Total assets
€2.38M
+19.9% far above sector median
Equity
€696k
+0.7% far above sector median
Working capital
€490k
+6.3% far above sector median
Employees (FTE)
10
+9.5% far above sector median
Staff costs
€430k
+19.5% far above sector median
Income taxes
€10k
-55.4% +284% vs sector
Debt
€1.68M
+30.1% far above sector median
Debt ≤ 1y
€1.35M
+55.0% far above sector median
Debt > 1y
€324k
-23.1% far above sector median
Current ratio
1.36
-10.9% -19% vs sector
Quick ratio
1.36
-10.9% -19% vs sector
Solvency
29.2%
-16.0% -22% vs sector
Debt / equity
2.42
+29.1% +63% vs sector
ROE
0.7%
-89.9% -83% vs sector
ROA
0.2%
-91.5% -85% vs sector
Interest coverage
6.95
-69.2% -44% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€176k
Net profit€5k
Cash flow€140k
Staff costs€430k
Income taxes€10k
Dividends-
Total assets€2.38M
Equity€696k
Debt€1.68M
of which ≤ 1y€1.35M
of which > 1y€324k
Working capital€490k
Employees (FTE)10.4
Ratios (computed)
2024
Current ratio1.36
Quick ratio1.36
Working capital ratio20.6%
Solvency29.2%
Debt / equity2.42
Long-term debt ratio0.47
Interest coverage6.95
Gross margin-
Net margin-
ROA0.2%
ROE0.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€2.38M
Fixed assets 21/28€536k
Tangible fixed assets 22/27€536k
Financial fixed assets 28€505
Current assets 29/58€1.84M
Amounts receivable within one year 40/41€1.78M
Cash & bank 54/58€48k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.38M
Equity 10/15€696k
Contributions / capital 10/11€75k
Reserves 13€621k
Amounts payable 17/49€1.68M
Amounts payable after one year 17€324k
Amounts payable within one year 42/48€1.35M
Trade debts payable within one year 44€918k
Income statement
Gross operating margin 9900€617k
Operating result 9901€41k
Financial income 75€7
Financial charges 65€25k
Result before taxes 9903€15k
Income taxes 67/77€10k
Net result for the period 9904€5k
Result to be appropriated 9905€19k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43120)
Legal form Public limited company(014)
Incorporation02-02-1990
StatusActive
Postal code8460
Establishment units 1 location
INGELBRECHT NV
Vervlotenweg 62, 8460 Oudenburgaanleggen en onderhouden van tuinen, parken en het groene gedeelte van sportvelden.
since 19902.048.721.063
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35023B0008/00K000 Flanders 2,045 m² 1 · 1,337 m² 7.5 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
18-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
26-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
13-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
08-03-2023
State Gazette act Director changes
Els VAN TUYCKOM
2022
01-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
29-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
13-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
09-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
27-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
31-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
31-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
08-03-2023 Change in the board of directors Director changes·Els VAN TUYCKOM
Notary: Els VAN TUYCKOM · Brugge
Technical details 
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Grondverzet45112
Primary activity highlighted.
Names & trade names
Legal nameNL Ingelbrecht
Registered office
Vervlotenweg 62
8460 Oudenburg, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative