INGEXP
ActiveINGEXP has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €34k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 39% of 924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-3
Solvency58▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.99 against 1.17 in 2024; short-term debt: 39% and cash: 11.8% of total assets), and 67.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.5%
Return on assets
11.1%
Age of the figures
9 mo
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 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
on the day
2023
30 d late
2022
31 d late
2021
46 d early
2020
31 d late
2019
59 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€34k▼ 17.0%
2024 · €41k
2018: €-12k
2019: €21k
2020: €-55k
2021: €53k
2022: €23k
2023: €18k
2024: €41k
2018 → 2025
Working capital
€-1k
2024 · €15k
2018: €-66k
2019: €-49k
2020: €-34k
2021: €4k
2022: €9k
2023: €-18k
2024: €15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€77k▲ 41.4%€60k▼ 22.5%€101k▲ 69.4%€101k▼ 0.8%
Operating result€41k-€36k▼ 12.5%€27k▼ 23.5%€71k▲ 158%€62k▼ 12.3%
Net result€53k-€23k▼ 57.6%€18k▼ 18.5%€41k▲ 125%€34k▼ 17.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €309k
Fixed assets
€190k▼ 3.9%
Current assets
€119k▲ 16.7%
Equity and liabilities €309k
Equity
€101k▼ 0.8%
Debt
€209k▲ 5.1%
The debt ratio rises from 66.2% to 67.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€89k▼
2024 · €98k
Cash flow
€61k▼
2024 · €69k
Solvency
32.5%▼
2024 · 33.8%
Current ratio
0.99▼
2024 · 1.17
Quick ratio
0.99▼
2024 · 1.17
Debt / equity
2.08▲
2024 · 1.96
ROE
34.2%▼
2024 · 41.0%
ROA
11.1%▼
2024 · 13.8%
Interest coverage
10.93▼
2024 · 16.45
Debt
€209k▲
2024 · €198k
Debt ≤ 1 year
€120k▲
2024 · €87k
Debt > 1 year
€88k▼
2024 · €111k
Income taxes
€20k▼
2024 · €23k
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€300k€309k▲
Fixed assets21/28€198k€190k▼
Tangible fixed assets22/27€96k€89k▼
Land and buildings22€78k€69k▼
Furniture and vehicles24€10k€9k▼
Leasing and similar rights25€8k€11k▲
Other tangible fixed assets26€218€163▼
Financial fixed assets28€102k€101k▼
Current assets29/58€102k€119k▲
Amounts receivable after more than one year29€4k€3k▼
Other amounts receivable291€4k€3k▼
Amounts receivable within one year40/41€33k€70k▲
Trade receivables40€24k€52k▲
Other amounts receivable41€9k€18k▲
Cash at bank and in hand54/58€55k€36k▼
Deferred charges and accrued income490/1€10k€10k▼
Equity and liabilities
Total equity and liabilities10/49€300k€309k▲
Equity10/15€101k€101k▼
Contributions10/11€6k€6k=
Reserves13€95k€94k▼
Distributable reserves133€95k€94k▼
Amounts payable17/49€198k€209k▲
Amounts payable after more than one year17€111k€88k▼
Financial debts170/4€111k€86k▼
Other amounts payable178/9-€2k
Amounts payable within one year42/48€87k€120k▲
Current portion of amounts payable after more than one year42€37k€38k▲
Trade debts44€9k€29k▲
Suppliers440/4€9k€29k▲
Taxes, remuneration and social security45€19k€24k▲
Taxes450/3€19k€24k▲
Other amounts payable47/48€22k€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€101k€95k▼
Operating profit (loss)9901€71k€62k▼
Financial income75/76B€44€15▼
Recurring financial income75€44€15▼
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€65k€54k▼
Income taxes67/77€23k€20k▼
Profit (loss) for the period9904€41k€34k▼
Profit (loss) for the period to be appropriated9905€41k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€34k▼
Profit (loss) brought forward from the previous period14P€8k-
Transfer from equity791/2-€35k
Transfer to equity691/2€50k€34k▼
To other reserves6921€50k€34k▼
Profit to be distributed694/7-€35k
Return on contributions (dividend)694-€35k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €100kEq €101k ▲69.4%
4 profitable years in a row build equity to €101k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.06
Current ratio from 0.50 to 1.06; short-term debt falls from €68k to €64k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-55k ▼366%
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
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, Anderlecht · 1 establishment unit since 2009
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.
Félicien Ropsstraat 35A1070 AnderlechtGround area
6,941 m²
Building footprint
620 m²
Volume, LiDAR
11,191 m³
Parcel 21308H0651/00D002, Brussels · tallest building 20.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
IGP
since 20092.176.307.044
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0651/00D002 | Brussels | 6,941 m² | 1 · 620 m² | 20.3 m · 6 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.
Similar companies · same sector, comparable size
IDAG
BE 0775.328.324
Antwerpen · Eq €101k
EUROMATAX CONSULTANTS
BE 0460.166.317
Schaarbeek · Eq €101k
MW Management & Services
BE 0763.654.373
Lasne · Eq €101k
Briqwise België Administratie
BE 1005.502.790
Deinze · Eq €100k
DUVIMMO
BE 0871.417.217
Péruwelz · Eq €101k
Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,611 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2009
Fiscal year end31-12
Abbreviation FR
IGP
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
71121Engineering and related technical consultancy, excluding land surveyors
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.