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Ingram Technologies

Active
Private limited companyfounded 2021active for 5 yearsPriemstraat 51A, 1000 Brussel, BelgiumKBO/BCE: BE 0766.280.697

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.

Annual accounts 2024 filed on 27-08-2025 at the NBB all 2 filings

Turnover
≈ €88,000
Estimated: probably between €47,000 and €170,000
Total assets
€184,965▲ 103%
2023 · €91,302
Net result
€557
2023 · -€36,976
Working capital
-€7,335
2023 · €7,650
Multi-year overview
2023 to 2024, 2 financial years
Operating result
€1,145
2024
20232024
Net result
€557
2024
lowest quarter of the sector
20232024
Equity
€82,143
▲ 0.7% 2024
middle half of the sector
20232024
Total assets
€184,965
▲ 103% 2024
middle half of the sector
20232024
Debt
€102,822
▲ 958% 2024
20232024
Working capital
-€7,335
2024
lowest quarter of the sector
20232024
Solvency
44.4%
▼ 44.9pp 2024
middle half of the sector
20232024
Current ratio
0.92
▼ 0.86 2024
lowest quarter of the sector
20232024
Return on assets (ROA)
0.3%
▲ 40.8pp 2024
lowest quarter of the sector
20232024
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result-€34,518-€1,145
Net result-€36,976below the sector's middle half-€557below the sector's middle half
Equity€81,585within the sector's middle half-€82,143within the sector's middle half▲ 0.7%
Total assets€91,302within the sector's middle half-€184,965within the sector's middle half▲ 103%
Debt€9,717-€102,822▲ 958%
Working capital€7,650below the sector's middle half--€7,335below the sector's middle half
Solvency89.4%above the sector's middle half-44.4%within the sector's middle half▼ 44.9pp
Current ratio1.79within the sector's middle half-0.92below the sector's middle half▼ 0.86
Return on assets (ROA)-40.5%below the sector's middle half-0.3%below the sector's middle half▲ 40.8pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2024 is a profit of €1,145, after a loss of €34,518 in 2023.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €184,965
Fixed assets €94,978 ▲ 28.5%
Current assets €89,987 ▲ 418%
Equity and liabilities €184,965
Equity €82,143 ▲ 0.7%
Debt €102,822 ▲ 958%
Debt's share of the balance-sheet total rises from 10.6% to 55.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€9,086▲
2023 · -€27,579
Cash flow
€8,498▲
2023 · -€30,036
Debt to equity
1.25▲
2023 · 0.12
ROE
0.7%▲
2023 · -45.3%
Interest coverage
15.47▲
2023 · -11.22
Debt ≤ 1 year
€97,322▲
2023 · €9,717
Staff costs
€6,690▼
2023 · €18,768
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20232024
Tangible fixed assets€29,909€1,500
Intangible fixed assets-€27,484
Depreciation and write-downs of the year€6,940€7,941

Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€91,302€184,965▲
Fixed assets21/28€73,935€94,978▲
Intangible fixed assets21-€27,484
Tangible fixed assets22/27€52,488€46,047▼
Plant, machinery and equipment23€51,932€44,189▼
Furniture and vehicles24€557€1,858▲
Financial fixed assets28€21,447€21,447=
Current assets29/58€17,367€89,987▲
Amounts receivable within one year40/41€12,485€85,794▲
Trade receivables40€12,485€85,794▲
Cash at bank and in hand54/58€4,883€2,193▼
Deferred charges and accrued income490/1-€2,000
Equity and liabilities
Total equity and liabilities10/49€91,302€184,965▲
Equity10/15€81,585€82,143▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€76,585€77,143▲
Amounts payable17/49€9,717€102,822▲
Amounts payable within one year42/48€9,717€97,322▲
Trade debts44€4,724€73,719▲
Suppliers440/4€4,724€73,719▲
Taxes, remuneration and social security45€4,993€16,505▲
Taxes450/3€4,993€12,797▲
Remuneration and social security454/9-€3,708
Other amounts payable47/48-€7,098
Accrued charges and deferred income492/3-€5,500
Income statement Code20232024
Remuneration, social security and pensions62€18,768€6,690▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,940€7,941▲
Other operating charges640/8€17,796€486▼
Gross operating margin9900€8,986€16,262▲
Operating profit (loss)9901-€34,518€1,145▲
Financial charges65/66B€2,457€587▼
Recurring financial charges65€2,457€587▼
Profit (loss) for the period before taxes9903-€36,976€557▲
Profit (loss) for the period9904-€36,976€557▲
Profit (loss) for the period to be appropriated9905-€36,976€557▲
Appropriation of the result
Profit (loss) to be appropriated9906€76,585€77,143▲
Profit (loss) brought forward from the previous period14P€113,561€76,585▼

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2024 at the NBB, filed on 27-08-2025.

Line20232024Change
Remuneration, social security and pensions62€18,768€6,690▼ 64.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,940€7,941▲ 14.4%
Other operating charges640/8€17,796€486▼ 97.3%
Gross operating margin9900€8,986€16,262▲ 81.0%
Operating profit (loss)9901-€34,518€1,145-
Financial charges65/66B€2,457€587▼ 76.1%
Recurring financial charges65€2,457€587▼ 76.1%
Profit (loss) for the period before taxes9903-€36,976€557-
Profit (loss) for the period9904-€36,976€557-
Profit (loss) for the period to be appropriated9905-€36,976€557-
Line20232024Change
Assets
Total assets20/58€91,302€184,965▲ 103%
Fixed assets21/28€73,935€94,978▲ 28.5%
Intangible fixed assets21-€27,484-
Tangible fixed assets22/27€52,488€46,047▼ 12.3%
Plant, machinery and equipment23€51,932€44,189▼ 14.9%
Furniture and vehicles24€557€1,858▲ 234%
Financial fixed assets28€21,447€21,447=
Current assets29/58€17,367€89,987▲ 418%
Amounts receivable within one year40/41€12,485€85,794▲ 587%
Trade receivables40€12,485€85,794▲ 587%
Cash at bank and in hand54/58€4,883€2,193▼ 55.1%
Deferred charges and accrued income490/1-€2,000-
Equity and liabilities
Total equity and liabilities10/49€91,302€184,965▲ 103%
Equity10/15€81,585€82,143▲ 0.7%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€76,585€77,143▲ 0.7%
Amounts payable17/49€9,717€102,822▲ 958%
Amounts payable within one year42/48€9,717€97,322▲ 902%
Trade debts44€4,724€73,719▲ 16×
Suppliers440/4€4,724€73,719▲ 16×
Taxes, remuneration and social security45€4,993€16,505▲ 231%
Taxes450/3€4,993€12,797▲ 156%
Remuneration and social security454/9-€3,708-
Other amounts payable47/48-€7,098-
Accrued charges and deferred income492/3-€5,500-
Line20232024Change
Profit (loss) for the period9904-€36,976€557-
+ Depreciation and write-downs630€6,940€7,941▲ 14.4%
Operating cash flow (approximation)-€30,036€8,498-
Investment in fixed assets (approximation)--€28,984-
Change in cash--€2,689-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 5,047 companies had the same profile as Ingram Technologies has now. Two years later, 93.9% were still going and 2.2% had gone bankrupt.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
93.9% was still going
3.8% stopped otherwise
2.2% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Ingram Technologies itself is higher: 3.5% within 12 months. It rests on far more data about Ingram Technologies than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,047 companies, not a prediction for Ingram Technologies. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2024 micro format 27-08-2025 2025-00410222 PDF
31-12-2023 micro format 16-08-2024 2024-00347046 PDF

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