INICIUM
ActiveINICIUM has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €491k and a net result of €43k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 58% of 54 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2026
86
/ 100
Excellent▼ -14 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability44▼-24
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.72 against 15.26 in 2025), and 32.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
67.5%
Return on assets
5.9%
Age of the figures
5 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 07-08-2026, 85 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
85 d early
2025
3 d early
2024
15 d early
2023
29 d late
2022
6 d early
2021
162 d late
2020
482 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€491k▲ 13.4%
2025 · €433k
2019: €117k
2020: €171k
2021: €252k
2022: €317k
2023: €350k
2024: €394k
2025: €433k
2019 → 2026
Total assets
€728k▲ 58.9%
2025 · €458k
2019: €184k
2020: €297k
2021: €342k
2022: €336k
2023: €389k
2024: €417k
2025: €458k
2019 → 2026
Net result
€43k▼ 26.3%
2025 · €59k
2019: €105k
2020: €54k
2021: €81k
2022: €65k
2023: €33k
2024: €44k
2025: €59k
2019 → 2026
Working capital
€145k▼ 58.7%
2025 · €351k
2019: €112k
2020: €150k
2021: €208k
2022: €279k
2023: €284k
2024: €290k
2025: €351k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€317k-€350k▲ 10.5%€394k▲ 12.5%€433k▲ 10.1%€491k▲ 13.4%
Operating result€91k-€63k▼ 31.2%€79k▲ 25.6%€79k▲ 1.0%€59k▼ 25.9%
Net result€65k-€33k▼ 48.8%€44k▲ 31.3%€59k▲ 33.9%€43k▼ 26.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 26% below 2025 and is the lowest year so far.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €728k
Fixed assets
€529k▲ 544%
Current assets
€199k▼ 47.2%
Equity and liabilities €728k
Equity
€491k▲ 13.4%
Debt
€236k▲ 860%
The debt ratio rises from 5.4% to 32.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€135k▲
2025 · €105k
Cash flow
€119k▲
2025 · €85k
Solvency
67.5%▼
2025 · 94.6%
Current ratio
3.72▼
2025 · 15.26
Quick ratio
3.72▼
2025 · 15.26
Debt / equity
0.48▲
2025 · 0.06
ROE
8.8%▼
2025 · 13.5%
ROA
5.9%▼
2025 · 12.8%
Interest coverage
32.35▲
2025 · 23.20
Debt
€236k▲
2025 · €25k
Debt ≤ 1 year
€53k▲
2025 · €25k
Debt > 1 year
€183k
Income taxes
€19k▼
2025 · €25k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€458k€728k▲
Fixed assets21/28€82k€529k▲
Tangible fixed assets22/27€82k€529k▲
Land and buildings22-€466k
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€78k€59k▼
Other tangible fixed assets26-€2k
Current assets29/58€376k€199k▼
Amounts receivable within one year40/41€57k€68k▲
Trade receivables40€29k€32k▲
Other amounts receivable41€28k€36k▲
Current investments50/53€203k€84k▼
Cash at bank and in hand54/58€114k€45k▼
Deferred charges and accrued income490/1€954€1k▲
Equity and liabilities
Total equity and liabilities10/49€458k€728k▲
Equity10/15€433k€491k▲
Contributions10/11€12k€27k▲
Reserves13€421k€464k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€419k€462k▲
Amounts payable17/49€25k€236k▲
Amounts payable after more than one year17-€183k
Financial debts170/4-€183k
Amounts payable within one year42/48€25k€53k▲
Current portion of amounts payable after more than one year42-€17k
Trade debts44€12k€22k▲
Suppliers440/4€12k€22k▲
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€11k€15k▲
Other amounts payable47/48€2k-
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€76k▲
Other operating charges640/8€834€2k▲
Gross operating margin9900€106k€136k▲
Operating profit (loss)9901€79k€59k▼
Financial income75/76B€9k€8k▼
Recurring financial income75€9k€8k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€84k€62k▼
Income taxes67/77€25k€19k▼
Profit (loss) for the period9904€59k€43k▼
Profit (loss) for the period to be appropriated9905€59k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€43k▼
Transfer to equity691/2€59k€43k▼
To other reserves6921€59k€43k▼
The notes to these accounts (10 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 2027, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
16-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
31-03
Financial
Weakest financial yearnet €33k ▼48.8%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 162 days late
31-03
Financial
Liquidity times 5current ratio 15.66
Current ratio from 3.31 to 15.66; short-term debt falls from €90k to €19k.
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 482 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 848 days late
2021
31-03
Financial
Equity above €200kEq €252k ▲47.2%
3 profitable years in a row build equity to €252k.
2020
31-03
Financial
Equity above €150kEq €171k ▲45.9%
2 profitable years in a row build equity to €171k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wijnegem · 1 establishment unit since 2018
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.
Stokerijstraat 25B2110 WijnegemGround area
2.0 ha
Building footprint
190 m²
Volume, LiDAR
2,690 m³
Parcel 11050B0295/00W003, Flanders · tallest building 15.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Inicium
since 20182.274.250.122
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0295/00W003 | Flanders | 2.0 ha | 1 · 190 m² | 15.1 m · 5 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.
Recognitions · licences · registrations
Legal Entity Identifier
8755000N02TZ1JYP9718
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C.P.M. STRATEGY
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Of 13,391 companies in sector 73300 we hold annual accounts for 6,881. 4,185 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2018
Fiscal year end31-03
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
62900Other information technology and computer services
64210Activities of holding companies
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.