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INGEVITY HOLDINGS

Active
Private limited companyfounded 1968active for 58 yearsOlympiadenlaan 2, 1140 Evere, BelgiumKBO/BCE: BE 0402.720.145
Summary

INGEVITY HOLDINGS has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €107.1m and a net result of €23.2m. Equity is growing by about 4.7% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Wholesale of industrial chemicals
NACE 46851Market research and public opinion polling NACE 73200
#2 company by equity in Evere, Wholesale and retail trade sector1 site
Size
€6.1mturnover 2024
Staff
12.1 FTE
Equity
€107.1m
Profit
€23.2m
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Ingevity Corporation (US)
Holdings
5
Accounts 72 days overdue0 of 27 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 06-11-2025)1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 latelowers riskFounded in 1968Liquidity: current ratio 2.11, cash €31.0mShow the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 57% of its sector peers (NACE 46, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 100=
equity 85.3% of total assets
Liquidity 78-3
short-term debt 14.4% · cash 24.7%
Profitability 48+11
return on assets 18.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,381 companies, NACE 46, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.1%▼ -0.1 percentage points vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.1%▼ -0.1 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €600,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 2.11, compared with 2.45 in 2023; short-term debt: 14.4% and cash: 24.7% of total assets), and 14.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 92% on solvency, 92% on liquidity, 31% on profitability and 12% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1968
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 06-11-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.11, cash €31.0m
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
NBB · filings
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
92 days late
2023
99 days late
2022
91 days late
2021
82 days late
2020
32 days late
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 65 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · unclassified…
  2. Highest result from 2018 to 2024net €23.2m ▲18.7%
  3. Annual accounts filedfinancial year 2023 · unclassified…

Key points

  • Positive: Company by equity in Evere, Wholesale and retail…in the Checked rankings #2 View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View
  • Controlled by Ingevity Corporation (US)itself parent of 5 companies parent View
  • Positive: 6 profitable years in a rowprofit 2024: €23.2m 6 years View
  • Active since 1968founded 01-01-1968 58 years View
  • Caution: Equity fell in 2024from €143.8m to €107.1m ▼ 25.5% View

By topic

Financials

Financial year
2024
Turnover
€6.1m
Profit
€23.2m
Solvency
85.3%
Turnover▼ 11.5%
Net result
20182024
Go to Financials

Timeline

Events
51
Since
1979
  1. 30-10-2023Annual accounts filed
  2. 21-10-2022Annual accounts filed
  3. 01-09-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of industrial chemicalsNACE 46851
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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