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INGENSOL

Active
Private limited companyfounded 201213 yrs activeHeidestraat 10, 2820 Bonheiden, BelgiumKBO/BCE: BE 0849.999.320
Summary

INGENSOL has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €450,673 and a net result of €48,326. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability77▲+6
Solvency85▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 1.64 against 5.54 in 2024; short-term debt: 18.1% and cash: 18.6% of total assets), and 40.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
59.6%
Return on assets
6.4%
Age of the figures
12 mo
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
highest failure risk from 2 to 8 years 13 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
40 d early
2023
36 d early
2022
39 d early
2021
38 d early
2020
1 d early
2019
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 23 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 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

History

INGENSOL was incorporated on 18 October 2012.1 Total assets rose from EUR 465,827 in 2018 to EUR 756,784 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€450,673▼ 21.5%
2024 · €574,255
Total assets
€756,784▼ 7.4%
2024 · €816,949
Net result
€48,326▲ 258%
2024 · €13,482
Working capital
€88,308▼ 59.9%
2024 · €220,470
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€112,049▼ 16.9%€116,686▲ 4.1%€112,439▼ 3.6%€20,143▼ 82.1%€66,862▲ 232%
Net result€76,324above the sector's middle half▼ 13.7%€79,428above the sector's middle half▲ 4.1%€76,725above the sector's middle half▼ 3.4%€13,482within the sector's middle half▼ 82.4%€48,326within the sector's middle half▲ 258%
Equity€409,486above the sector's middle half▲ 22.9%€487,314above the sector's middle half▲ 19.0%€562,439above the sector's middle half▲ 15.4%€574,255above the sector's middle half▲ 2.1%€450,673above the sector's middle half▼ 21.5%
Total assets€738,869above the sector's middle half▲ 31.9%€790,558above the sector's middle half▲ 7.0%€832,851above the sector's middle half▲ 5.3%€816,949above the sector's middle half▼ 1.9%€756,784above the sector's middle half▼ 7.4%
Debt€329,383▲ 45.0%€303,244▼ 7.9%€270,412▼ 10.8%€242,694▼ 10.3%€306,111▲ 26.1%
Working capital€100,364within the sector's middle half▼ 40.1%€175,615above the sector's middle half▲ 75.0%€223,669above the sector's middle half▲ 27.4%€220,470above the sector's middle half▼ 1.4%€88,308within the sector's middle half▼ 59.9%
Solvency55.4%within the sector's middle half▼ 4.0pp61.6%within the sector's middle half▲ 6.2pp67.5%within the sector's middle half▲ 5.9pp70.3%within the sector's middle half▲ 2.8pp59.6%within the sector's middle half▼ 10.7pp
Current ratio2.63within the sector's middle half▼ 0.574.04within the sector's middle half▲ 1.405.30above the sector's middle half▲ 1.265.54above the sector's middle half▲ 0.241.64within the sector's middle half▼ 3.89
Return on assets (ROA)10.3%within the sector's middle half▼ 5.5pp10.0%within the sector's middle half▼ 0.3pp9.2%within the sector's middle half▼ 0.8pp1.7%below the sector's middle half▼ 7.6pp6.4%within the sector's middle half▲ 4.7pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €112,049€112,049Net result 2021: €76,324€76,324Operating result 2022: €116,686€116,686Net result 2022: €79,428€79,428Operating result 2023: €112,439€112,439Net result 2023: €76,725€76,725Operating result 2024: €20,143€20,143Net result 2024: €13,482€13,482Operating result 2025: €66,862€66,862Net result 2025: €48,326€48,32620212022202320242025€0€50,000€100,000Operating result 2023: €112,439€112,000Net result 2023: €76,725€76,700Operating result 2024: €20,143€20,100Net result 2024: €13,482€13,500Operating result 2025: €66,862€66,900Net result 2025: €48,326€48,300202320242025
The operating result recovers in 2025; 2025 is 232% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €756,784
Fixed assets €531,259 ▼ 3.0%
Current assets €225,525 ▼ 16.2%
Equity and liabilities €756,784
Equity €450,673 ▼ 21.5%
Debt €306,111 ▲ 26.1%
Debt's share of the balance-sheet total rises from 29.7% to 40.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€86,392▲
2024 · €38,857
Cash flow
€67,856▲
2024 · €32,195
Debt to equity
0.68▲
2024 · 0.42
ROE
10.7%▲
2024 · 2.3%
Interest coverage
19.34▲
2024 · 7.44
Debt ≤ 1 year
€137,217▲
2024 · €48,602
Debt > 1 year
€166,969▼
2024 · €192,197
Income taxes
€19,652▲
2024 · €6,373
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
3.1% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,810 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€816,949€756,784▼
Fixed assets21/28€547,877€531,259▼
Tangible fixed assets22/27€547,877€531,259▼
Land and buildings22€520,759€506,264▼
Plant, machinery and equipment23€3,627€2,538▼
Furniture and vehicles24€4,415€5,526▲
Other tangible fixed assets26€19,076€16,931▼
Current assets29/58€269,072€225,525▼
Amounts receivable after more than one year29€129,000€50,000▼
Other amounts receivable291€129,000€50,000▼
Amounts receivable within one year40/41€63,246€32,465▼
Trade receivables40€39,618€23,208▼
Other amounts receivable41€23,627€9,257▼
Cash at bank and in hand54/58€74,095€141,060▲
Deferred charges and accrued income490/1€2,731€2,000▼
Equity and liabilities
Total equity and liabilities10/49€816,949€756,784▼
Equity10/15€574,255€450,673▼
Contributions10/11€18,600€18,600=
Reserves13€555,655€432,073▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€553,795€430,213▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€242,694€306,111▲
Amounts payable after more than one year17€192,197€166,969▼
Financial debts170/4€192,197€166,969▼
Amounts payable within one year42/48€48,602€137,217▲
Current portion of amounts payable after more than one year42€25,227€25,227=
Trade debts44€2,828€2,817▼
Suppliers440/4€2,828€2,817▼
Taxes, remuneration and social security45€7,415€12,021▲
Taxes450/3€7,415€12,021▲
Other amounts payable47/48€13,131€97,153▲
Accrued charges and deferred income492/3€1,895€1,925▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,713€19,530▲
Other operating charges640/8€2,941€2,960▲
Gross operating margin9900€41,798€89,352▲
Operating profit (loss)9901€20,143€66,862▲
Financial income75/76B€4,938€5,584▲
Recurring financial income75€4,938€5,584▲
Financial charges65/66B€5,226€4,468▼
Recurring financial charges65€5,226€4,468▼
Profit (loss) for the period before taxes9903€19,855€67,978▲
Income taxes67/77€6,373€19,652▲
Profit (loss) for the period9904€13,482€48,326▲
Profit (loss) for the period to be appropriated9905€13,482€48,326▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,482€48,326▲
Transfer from equity791/2€1,666€171,908▲
Transfer to equity691/2€13,482€48,326▲
To other reserves6921€13,482€48,326▲
Profit to be distributed694/7€1,666€171,908▲
Return on contributions (dividend)694€1,666€171,908▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€10,374€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,565€15,114€16,017€18,713€19,530▲ 4.4%
Other operating charges640/8-€3,120€2,243€2,941€2,960▲ 0.6%
Gross operating margin9900€160,189€134,920€130,700€41,798€89,352▲ 114%
Operating profit (loss)9901€112,049€116,686€112,439€20,143€66,862▲ 232%
Financial income75/76B-€11€475€4,938€5,584▲ 13.1%
Recurring financial income75€0€11€475€4,938€5,584▲ 13.1%
Financial charges65/66B-€5,676€5,478€5,226€4,468▼ 14.5%
Recurring financial charges65€5,400€5,676€5,478€5,226€4,468▼ 14.5%
Profit (loss) for the period before taxes9903€106,649€111,021€107,435€19,855€67,978▲ 242%
Income taxes67/77€30,325€31,593€30,710€6,373€19,652▲ 208%
Profit (loss) for the period9904€76,324€79,428€76,725€13,482€48,326▲ 258%
Profit (loss) for the period to be appropriated9905€76,324€79,428€76,725€13,482€48,326▲ 258%
Line20212022202320242025Change
Assets
Total assets20/58€738,869€790,558€832,851€816,949€756,784▼ 7.4%
Fixed assets21/28€577,001€557,106€557,147€547,877€531,259▼ 3.0%
Tangible fixed assets22/27€577,001€557,106€557,147€547,877€531,259▼ 3.0%
Land and buildings22-€552,939€528,509€520,759€506,264▼ 2.8%
Plant, machinery and equipment23--€4,716€3,627€2,538▼ 30.0%
Furniture and vehicles24-€4,167€4,571€4,415€5,526▲ 25.2%
Other tangible fixed assets26--€19,351€19,076€16,931▼ 11.2%
Current assets29/58€161,868€233,452€275,704€269,072€225,525▼ 16.2%
Amounts receivable after more than one year29--€79,000€129,000€50,000▼ 61.2%
Other amounts receivable291--€79,000€129,000€50,000▼ 61.2%
Amounts receivable within one year40/41€13,846€30,894€25,773€63,246€32,465▼ 48.7%
Trade receivables40-€27,487€24,140€39,618€23,208▼ 41.4%
Other amounts receivable41-€3,407€1,634€23,627€9,257▼ 60.8%
Cash at bank and in hand54/58€147,187€202,146€168,252€74,095€141,060▲ 90.4%
Deferred charges and accrued income490/1-€412€2,678€2,731€2,000▼ 26.8%
Equity and liabilities
Total equity and liabilities10/49€738,869€790,558€832,851€816,949€756,784▼ 7.4%
Equity10/15€409,486€487,314€562,439€574,255€450,673▼ 21.5%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€390,886€468,714€543,839€555,655€432,073▼ 22.2%
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€466,854€541,979€553,795€430,213▼ 22.3%
Profit (loss) carried forward14-€0€0€0€0-
Amounts payable17/49€329,383€303,244€270,412€242,694€306,111▲ 26.1%
Amounts payable after more than one year17€267,879€242,651€217,424€192,197€166,969▼ 13.1%
Financial debts170/4-€242,651€217,424€192,197€166,969▼ 13.1%
Amounts payable within one year42/48€61,504€57,836€52,035€48,602€137,217▲ 182%
Current portion of amounts payable after more than one year42-€25,227€25,227€25,227€25,227=
Trade debts44€14,340€12,812€2,826€2,828€2,817▼ 0.4%
Suppliers440/4-€12,812€2,826€2,828€2,817▼ 0.4%
Taxes, remuneration and social security45-€3,161€1,905€7,415€12,021▲ 62.1%
Taxes450/3-€3,161€1,905€7,415€12,021▲ 62.1%
Other amounts payable47/48-€16,636€22,077€13,131€97,153▲ 640%
Accrued charges and deferred income492/3-€2,756€954€1,895€1,925▲ 1.6%
Line20212022202320242025Change
Profit (loss) for the period9904€76,324€79,428€76,725€13,482€48,326▲ 258%
+ Depreciation and write-downs630€25,565€15,114€16,017€18,713€19,530▲ 4.4%
Operating cash flow (approximation)€101,889€94,541€92,742€32,195€67,856▲ 111%
Investment in fixed assets (approximation)-€4,781-€16,059-€9,443-€2,912▲ 69.2%
Change in cash-€54,959-€33,893-€94,158€66,965▲ 171%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
23-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
21-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Weakest financial yearnet €13,482 ▼82.4%
Net result drops to €13,482, the lowest in the series; recovery starts the following year.
25-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Equity above €500,000Eq €562,439 ▲15.4%
6 profitable years in a row build equity to €562,439.
22-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
23-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Highest result since 2018net €88,465 ▲6%
Operating result €134,766, net result €88,465, both a record.
25-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
22-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Bonheiden · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
1,557 m²
Building footprint
224 m²
Volume, LiDAR
1,047 m³
Parcel 12031C0152/00Y000, Flanders · tallest building 14.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
INGENSOL
Heidestraat 10, 2820 BonheidenOther software publishing
since 20122.213.666.890
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12031C0152/00Y000 Flanders 1,557 m² 1 · 224 m² 14.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 12,403 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-10-2012
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
26110Manufacture of computer, electronic and optical products
26200Manufacture of computer, electronic and optical products
46500Wholesale of information and communication equipment
62900Other information technology and computer services
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0849999320
Also 9925:BE0849999320
Registered 24-11-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.