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Ingrained

Active
Private limited companyfounded 2020active for 6 yearsFrans Birontlaan 67, 2600 Antwerpen, BelgiumKBO/BCE: BE 0754.674.549
Summary

Ingrained has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€11,034) and a net result of -€21,433. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.7% (low).

Financials · financial year 2025, micro format

Equity
-€11,034
2024 · €10,399
Total assets
€6,291▼ 61.0%
2024 · €16,147
Net result
-€21,433▼ 649%
2024 · -€2,863
Working capital
-€11,934
2024 · €9,899
Trend over the years

2021 to 2025, 5 financial years

The operating result stays negative: a loss of €21,099 in 2025 against €2,072 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€21,099 2025 Net result-€21,433 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€3,231--€2,467€14,341-€2,072-€21,099▼ 918%
Net result€1,577--€3,357€10,042-€2,863-€21,433▼ 649%
Equity€6,577-€3,220▼ 51.0%€13,262▲ 312%€10,399▼ 21.6%-€11,034
Total assets€9,665-€10,241▲ 6.0%€18,414▲ 79.8%€16,147▼ 12.3%€6,291▼ 61.0%
Debt€3,088-€7,021▲ 127%€5,152▼ 26.6%€5,748▲ 11.6%€17,325▲ 201%
Working capital€6,577-€2,720▼ 58.6%€12,762▲ 369%€9,899▼ 22.4%-€11,934
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6,291
Fixed assets €900 ▲ 80.0%
Current assets €5,391 ▼ 65.5%
Equity and liabilities
Equity-€11,034
Debt€17,325
Equity is negative: debt (€17,325) exceeds the balance-sheet total (€6,291).
Key figures and ratios
2025 value · change against 2024
Solvency
-175.4%▼
2024 · 64.4%
Current ratio
0.31▼
2024 · 2.72
ROA
-340.7%▼
2024 · -17.7%
Debt ≤ 1 year
€17,325▲
2024 · €5,748
Income taxes
€143▼
2024 · €591
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 82.9% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
82.9% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,007 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 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€16,147€6,291▼
Fixed assets21/28€500€900▲
Financial fixed assets28€500€900▲
Current assets29/58€15,647€5,391▼
Amounts receivable within one year40/41€11,762€4,195▼
Trade receivables40€7,865€4,007▼
Other amounts receivable41€3,897€188▼
Current investments50/53€315€0▼
Cash at bank and in hand54/58€1,975€664▼
Deferred charges and accrued income490/1€1,596€532▼
Equity and liabilities
Total equity and liabilities10/49€16,147€6,291▼
Equity10/15€10,399-€11,034▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€5,399-€16,034▼
Amounts payable17/49€5,748€17,325▲
Amounts payable within one year42/48€5,748€17,325▲
Financial debts43€111€84▼
Credit institutions430/8€111€84▼
Trade debts44€1,971€1,160▼
Suppliers440/4€1,971€1,160▼
Taxes, remuneration and social security45€3,666€671▼
Taxes450/3€3,666€671▼
Other amounts payable47/48-€15,410
Income statement Code20242025
Other operating charges640/8€960€926▼
Gross operating margin9900-€1,111-€20,173▼
Operating profit (loss)9901-€2,072-€21,099▼
Financial income75/76B€51€18▼
Recurring financial income75€51€18▼
Financial charges65/66B€252€209▼
Recurring financial charges65€252€209▼
Profit (loss) for the period before taxes9903-€2,272-€21,290▼
Income taxes67/77€591€143▼
Profit (loss) for the period9904-€2,863-€21,433▼
Profit (loss) for the period to be appropriated9905-€2,863-€21,433▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,399-€16,034▼
Profit (loss) brought forward from the previous period14P€8,262€5,399▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€237€803€1,349€960€926▼ 3.6%
Gross operating margin9900€3,468-€1,664€15,690-€1,111-€20,173▼ 1,715%
Operating profit (loss)9901€3,231-€2,467€14,341-€2,072-€21,099▼ 918%
Financial income75/76B-€10€0€51€18▼ 64.9%
Recurring financial income75-€10€0€51€18▼ 64.9%
Financial charges65/66B€254€780€598€252€209▼ 16.9%
Recurring financial charges65€254€780€598€252€209▼ 16.9%
Profit (loss) for the period before taxes9903€2,977-€3,237€13,743-€2,272-€21,290▼ 837%
Income taxes67/77€1,400€120€3,701€591€143▼ 75.8%
Profit (loss) for the period9904€1,577-€3,357€10,042-€2,863-€21,433▼ 649%
Profit (loss) for the period to be appropriated9905€1,577-€3,357€10,042-€2,863-€21,433▼ 649%
Line20212022202320242025Change
Assets
Total assets20/58€9,665€10,241€18,414€16,147€6,291▼ 61.0%
Fixed assets21/28-€500€500€500€900▲ 80.0%
Financial fixed assets28-€500€500€500€900▲ 80.0%
Current assets29/58€9,665€9,741€17,914€15,647€5,391▼ 65.5%
Amounts receivable within one year40/41€4,663€2,256€1,372€11,762€4,195▼ 64.3%
Trade receivables40€3,576€2,208€0€7,865€4,007▼ 49.0%
Other amounts receivable41€1,086€48€1,372€3,897€188▼ 95.2%
Current investments50/53---€315€0▼ 100%
Cash at bank and in hand54/58€3,342€6,071€14,737€1,975€664▼ 66.4%
Deferred charges and accrued income490/1€1,660€1,414€1,804€1,596€532▼ 66.6%
Equity and liabilities
Total equity and liabilities10/49€9,665€10,241€18,414€16,147€6,291▼ 61.0%
Equity10/15€6,577€3,220€13,262€10,399-€11,034-
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€1,577-€1,780€8,262€5,399-€16,034-
Amounts payable17/49€3,088€7,021€5,152€5,748€17,325▲ 201%
Amounts payable within one year42/48€3,088€7,021€5,152€5,748€17,325▲ 201%
Financial debts43--€334€111€84▼ 24.5%
Credit institutions430/8--€334€111€84▼ 24.5%
Trade debts44€656€384€784€1,971€1,160▼ 41.2%
Suppliers440/4€656€384€784€1,971€1,160▼ 41.2%
Taxes, remuneration and social security45€1,400€5,270€3,700€3,666€671▼ 81.7%
Taxes450/3€1,400€5,270€3,700€3,666€671▼ 81.7%
Other amounts payable47/48€1,032€1,367€334-€15,410-
Line20212022202320242025Change
Profit (loss) for the period9904€1,577-€3,357€10,042-€2,863-€21,433▼ 649%
Operating cash flow (approximation)€1,577-€3,357€10,042-€2,863-€21,433▼ 649%
Investment in fixed assets (approximation)--€0€0-€400-
Change in cash-€2,729€8,666-€12,763-€1,311▲ 89.7%

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

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 micro format 31-07-2026 2026-00374900
31-12-2024 micro format 28-08-2025 2025-00419224
31-12-2023 micro format 08-07-2024 2024-00218944
31-12-2022 micro format 20-06-2023 2023-00139699
31-12-2021 micro format 20-04-2022 2022-20004962

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.