INGKA SUPPORT AND SERVICES

Active

Public limited companyfounded 1989active for 37 yearsIkaroslaan 28, 1930 Zaventem, BelgiumKBO/BCE: BE 0437.785.744

Summary

INGKA SUPPORT AND SERVICES has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €278,968 and a net result of €303,053. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 20% of 3,849 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow Report Compare

INGKA SUPPORT AND SERVICESActiveChecked score 79/100

Risk analysis Report Compare

Activity

Activities of head offices

NACE 70100

1 site

Size

€4.9mturnover 2025

Staff: 16.1 FTE
Equity: €278,968
Profit: €303,053

Financial health

79 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.6%

Structure

Parent: INGKA CAPITAL B.V. · 89.58%
Board: 4 members

Gerrit RaesManaging director

Auditor: KPMG Bedrijfsrevisoren BV/SRL2025 accounts filed 34 days late6 of 43 deeds summarised

Why 79raises riskLiquidity: current ratio 1.30, cash €79Equity €278,968 (18.2% of total assets)Last filed accounts filed 34 days late; 1 of the last 3 latelowers riskFounded in 1989Show the evidence

Checked score

Score 2025

79 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 32% of its sector peers (NACE 70, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 43+5

equity 18.2% of total assets

Liquidity 9+5

short-term debt 75.8% · cash 0.0%

Profitability 76+11

return on assets 19.8%

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,521 companies, NACE 70, small)

Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.2 percentage points vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%▲ +0.3 percentage points vs 04-2025 06-2025: 1.4%▲ +0.4 percentage points vs 05-2025 07-2025: 1.5%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%● unchanged vs 07-2025 09-2025: 2.1%▲ +0.6 percentage points vs 08-2025highest value 10-2025: 2.1%● unchanged vs 09-2025highest value 11-2025: 2.1%● unchanged vs 10-2025highest value 12-2025: 1.8%▼ -0.3 percentage points vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 0.6%▼ -1.2 percentage points vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026

Credit of up to €22,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.3, compared with 1.17 in 2023, below the usual 1.5; short-term debt: 75.8% and cash: 0% of total assets), and 81.8% of the assets are financed with debt and provisions.

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 70, small): better than 19% on solvency, 4% on liquidity and 72% on profitability.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.30, cash €79

NBB · annual accounts

Equity €278,968 (18.2% of total assets)

NBB · annual accounts

Last filed accounts filed 34 days late; 1 of the last 3 late

NBB · filings

Founded in 1989

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3849 sector peers (2025).

NBB · sector comparison

Position among 3849 sector peers

Solvency

better than 20%

← weakest strongest →

A punctual record breaks

This company filed 4 consecutive financial years on time. The year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 04-05-2026, 34 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

34 days late

2024

61 days early

2023

103 days early

2022

84 days early

2021

77 days early

2020

104 days late

2019

104 days 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 42 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 13 January (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-08-2026 year end25-10-2026 today31-03-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

04-05-2026 Annual accounts filedfinancial year 2025 · full…
22-01-2026 Appointment: Gerrit Raes (afgevaardigd bestuurder)Reappointments: Gerrit Raes, Lars Palmqvist…
29-01-2025 Reappointments: Gerrit Raes, Lars Palmqvist and…Permanent representative: Harry Van Donink…

Key points

Controlled by INGKA CAPITAL B.V.known shareholders 100% 89.58% View
New directorlatest change 22-01-2026 · 4 in office 1 joined View
Active since 1989founded 26-06-1989 37 years View

By topic

Financials

Financial year: 2025
Turnover: €4.9m
Profit: €303,053
Solvency: 18.2%

Turnover▼ 8.0%

Net result

20202025

Go to Financials

Board & ownership

Board: 4 members
Parent: INGKA CAPITAL B.V. · 89.58%
Known shareholders: 100%
Auditor: KPMG Bedrijfsrevisoren BV/SRL

Chiara MazzalupiDirector
Gerrit RaesManaging director
Lars PalmgvistDirector
Lars PalmqvistDirector

Go to Board & ownership

Network & group

Group: INGKA HOLDING B.V.

Go to Network & group

Timeline

Events: 43
Since: 1991
Next accounts: by 31-03-2027

29-01-2025Annual accounts filed
07-05-2024Reappointments: Gerrit Raes, Lars Palmqvist and Chiara…
26-03-2024Reappointments: Gerrit Raes, Lars Palmqvist and Chiara…

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Activities of head officesNACE 70100
Founded: 26-06-1989
Year ends: 31-08
Peppol: Reachable for e-invoices

Go to Company details

Key facts about INGKA SUPPORT AND SERVICES

What is the company number of INGKA SUPPORT AND SERVICES?: 0437.785.744. In Belgium the VAT number is the company number with BE in front: BE 0437.785.744.
Where is INGKA SUPPORT AND SERVICES based?: The registered office is at Ikaroslaan 28, 1930 Zaventem.Company details
What does INGKA SUPPORT AND SERVICES do?: According to the KBO register, the main activity is activities of head offices (NACE 70100).
What is the legal form of INGKA SUPPORT AND SERVICES?: Public limited company (NV).
When was INGKA SUPPORT AND SERVICES founded?: On 26-06-1989.
Is INGKA SUPPORT AND SERVICES still active?: Yes, INGKA SUPPORT AND SERVICES is an active enterprise in the KBO register.
How many employees does INGKA SUPPORT AND SERVICES have?: On average 16.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of INGKA SUPPORT AND SERVICES?: €4.9m in financial year 2025, according to the filed annual accounts.
Is INGKA SUPPORT AND SERVICES profitable?: In financial year 2025, INGKA SUPPORT AND SERVICES made a profit of €303,053.
Where can I find the annual accounts of INGKA SUPPORT AND SERVICES?: INGKA SUPPORT AND SERVICES filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INGKA SUPPORT AND SERVICES due?: By 31-03-2027, for financial year 2026.Timeline