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INGENITEC

Active
Private limited companyfounded 20188 yrs activeKalvariestraat(Mar) 75, 8510 Kortrijk, BelgiumKBO/BCE: BE 0699.846.981

INGENITEC has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €-8k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 190 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
35 / 100
Weak▼ -46 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency71▲+3
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.35 against 1.36 in 2024), and 58.3% 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.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Sector 27
higher
← 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 2025
Solvency, return and age of the figures
Solvency
41.7%
Return on assets
-10.9%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
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 09-07-2026, 22 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
22 d early
2024
14 d early
2023
28 d late
2022
30 d late
2021
41 d early
2020
18 d early
2019
17 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Equity
€32k▼ 20.7%
2024 · €40k
2018: €14k 2019: €23k 2020: €14k 2021: €17k 2022: €23k 2023: €32k 2024: €40k
2018 → 2025
Total assets
€76k▼ 26.8%
2024 · €104k
2018: €32k 2019: €68k 2020: €57k 2021: €62k 2022: €77k 2023: €93k 2024: €104k
2018 → 2025
Net result
€-8k
2024 · €9k
2018: €7k 2019: €9k 2020: €-9k 2021: €3k 2022: €8k 2023: €11k 2024: €9k
2018 → 2025
Working capital
€14k▼ 30.1%
2024 · €20k
2018: €9k 2019: €10k 2020: €8k 2021: €8k 2022: €9k 2023: €17k 2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€17k-€23k▲ 36.3%€32k▲ 41.4%€40k▲ 23.1%€32k▼ 20.7%
Operating result€8k-€14k▲ 87.1%€21k▲ 51.0%€17k▼ 18.7%€-4k
Net result€3k-€8k▲ 140%€11k▲ 44.5%€9k▼ 17.5%€-8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2021: €8k€8kNet result 2021: €3k€3kOperating result 2022: €14k€14kNet result 2022: €8k€8kOperating result 2023: €21k€21kNet result 2023: €11k€11kOperating result 2024: €17k€17kNet result 2024: €9k€9kOperating result 2025: €-4k€-4kNet result 2025: €-8k€-8k20212022202320242025
The operating result turns negative in 2025: a loss of €4k after €17k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets €23k▼ 23.2%
Current assets €53k▼ 28.2%
Equity and liabilities €76k
Equity €32k▼ 20.7%
Debt €44k▼ 30.6%
The debt ratio falls from 61.5% to 58.3%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4k
2024 · €24k
Cash flow
€96
2024 · €16k
Solvency
41.7%
2024 · 38.5%
Current ratio
1.35
2024 · 1.36
Quick ratio
0.79
2024 · 1.04
Debt / equity
1.40
2024 · 1.60
ROE
-26.1%
2024 · 23.1%
ROA
-10.9%
2024 · 8.9%
Interest coverage
1.22
2024 · 8.10
Debt
€44k
2024 · €64k
Debt ≤ 1 year
€39k
2024 · €54k
Debt > 1 year
€4k
2024 · €8k
Income taxes
€737
2024 · €5k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€104k€76k
Fixed assets21/28€30k€23k
Intangible fixed assets21€261€0
Tangible fixed assets22/27€30k€23k
Plant, machinery and equipment23€9k€8k
Furniture and vehicles24€19k€15k
Other tangible fixed assets26€1k€726
Current assets29/58€74k€53k
Stocks and contracts in progress3€18k€22k
Stocks30/36€18k€22k
Amounts receivable within one year40/41€32k€12k
Trade receivables40€18k€12k
Other amounts receivable41€14k€0
Cash at bank and in hand54/58€8k€13k
Deferred charges and accrued income490/1€16k€6k
Equity and liabilities
Total equity and liabilities10/49€104k€76k
Equity10/15€40k€32k
Contributions10/11€6k€6k=
Reserves13€34k€34k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€0€-8k
Amounts payable17/49€64k€44k
Amounts payable after more than one year17€8k€4k
Financial debts170/4€8k€4k
Amounts payable within one year42/48€54k€39k
Current portion of amounts payable after more than one year42€7k€4k
Financial debts43€4k€0
Credit institutions430/8€4k€0
Trade debts44€9k€3k
Suppliers440/4€9k€3k
Taxes, remuneration and social security45€6k€8k
Taxes450/3€6k€8k
Other amounts payable47/48€28k€24k
Accrued charges and deferred income492/3€2k€1k
Income statement Code20242025
Non-recurring operating income76A€2k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k
Other operating charges640/8€2k€2k
Non-recurring operating charges66A-€10k
Gross operating margin9900€26k€16k
Operating profit (loss)9901€17k€-4k
Financial income75/76B€72€57
Recurring financial income75€72€57
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€14k€-8k
Income taxes67/77€5k€737
Profit (loss) for the period9904€9k€-8k
Profit (loss) for the period to be appropriated9905€9k€-8k
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-8k
Transfer to equity691/2€8k€0
To other reserves6921€8k€0
Profit to be distributed694/7€2k€0
Return on contributions (dividend)694€2k€0

The notes to these accounts (10 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial Highest result since 2018net €11k ▲44.5%
Operating result €21k, net result €11k, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
13-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-9k ▼200%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
14-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Kortrijk · 1 establishment unit since 2018
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.

Kalvariestraat(Mar) 758510 Kortrijk
Ground area
496 m²
Building footprint
168 m²
Volume, LiDAR
947 m³
Parcel 34026B0150/00H002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INGENITEC
Kalvariestraat(Mar) 75, 8510 KortrijkManufacture of electrical equipment
since 20182.277.900.587
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34026B0150/00H002 Flanders 496 m² 1 · 168 m² 8.3 m · 2 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 · 432 EUR awarded · 432 EUR paid
Year Entries awardedpaid
2022 1 432 EUR432 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 432 EUR · 432 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Kortrijk2.277.900.587
1 permission
Trader · since 13-08-2026

Similar companies · same sector, comparable size

Of 253 companies in sector 27402 we hold annual accounts for 156. 91 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-07-2018
Fiscal year end31-12
Activities, NACEBEL
27402Manufacture of electrical equipment
11010Manufacture of beverages
11040Manufacture of beverages
11050Manufacture of beer
30920Manufacture of other transport equipment
33190Repair, maintenance and installation of machinery and equipment
46392Non-specialised wholesale
46474Wholesale trade
47252Retail sale of beverages, general range
47552Retail sale of lighting equipment
47592Retail trade
70100Activities of head offices
70200Business and other management consultancy
73300Public relations and communication consultancy
82920Office administrative, office support and other business support activities
82990Other business support services
85599Other education
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.