INKRIVAMO
ActiveThe file of INKRIVAMO contains 3 judicial reorganisations, as published in the Belgian State Gazette. The annual accounts of INKRIVAMO for fiscal year 2025 show a net loss of 151% of the equity at the start of that year. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2025 annual accounts show equity of €4k and a net result of €-119k. Equity is shrinking by ~12.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 13% of 794 sector peers (fiscal year 2025).
Checked score
Score 2025
8
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-3
Solvency25▼-9
Growth32▼-20
Track record60
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.06 against 1.4 in 2024; short-term debt: 67.4% and cash: 7.9% of total assets), and 99.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eleven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.4%
Return on assets
-12.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-119k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 794 sector peers (2025).
NBB · sector comparisonPosition among 794 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
33 d late
2024
15 d early
2023
7 d early
2022
98 d late
2021
25 d late
2020
2 d early
2019
66 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-119k▼ 23.9%
2024 · €-96k
2018: €13k
2019: €1k
2020: €-21k
2021: €-33k
2022: €-22k
2023: €15k
2024: €-96k
2018 → 2025
Working capital
€37k▼ 78.2%
2024 · €170k
2018: €17k
2019: €56k
2020: €65k
2021: €86k
2022: €79k
2023: €152k
2024: €170k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€24k▲ 2,133%€162k▲ 575%€79k▼ 51.5%€4k▼ 95.4%
Operating result€-17k-€-7k▲ 57.2%€30k€-76k€-94k▼ 24.5%
Net result€-33k-€-22k▲ 33.9%€15k€-96k€-119k▼ 23.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €94k in 2025 against €76k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €959k
Fixed assets
€276k▲ 32.8%
Current assets
€684k▲ 14.1%
Equity and liabilities €959k
Equity
€4k▼ 95.4%
Debt
€956k▲ 15.9%
The debt ratio rises from 91.3% to 99.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-20k▼
2024 · €-5k
Cash flow
€-44k▼
2024 · €-25k
Solvency
0.4%▼
2024 · 8.7%
Current ratio
1.06▼
2024 · 1.40
Quick ratio
0.80▼
2024 · 1.05
ROA
-12.4%▼
2024 · -10.6%
Interest coverage
-0.83▼
2024 · -0.26
Debt
€956k▲
2024 · €825k
Debt ≤ 1 year
€646k▲
2024 · €429k
Debt > 1 year
€309k▼
2024 · €396k
Staff costs
€242k▼
2024 · €254k
A ratio outside any meaningful range has been withheld (balance sheet total €959k, equity €4k).
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€903k€959k▲
Formation expenses20€97k€0▼
Fixed assets21/28€208k€276k▲
Intangible fixed assets21-€107k
Tangible fixed assets22/27€207k€163k▼
Land and buildings22€789€707▼
Plant, machinery and equipment23€171k€137k▼
Furniture and vehicles24€35k€25k▼
Financial fixed assets28€1k€6k▲
Current assets29/58€599k€684k▲
Amounts receivable after more than one year29-€46k
Other amounts receivable291-€46k
Stocks and contracts in progress3€147k€169k▲
Stocks30/36€147k€169k▲
Amounts receivable within one year40/41€274k€392k▲
Trade receivables40€230k€343k▲
Other amounts receivable41€43k€50k▲
Cash at bank and in hand54/58€179k€76k▼
Equity and liabilities
Total equity and liabilities10/49€903k€959k▲
Equity10/15€79k€4k▼
Contributions10/11€199k€242k▲
Outside capital11€199k€242k▲
Other1109/19€199k€242k▲
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€-121k€-240k▼
Amounts payable17/49€825k€956k▲
Amounts payable after more than one year17€396k€309k▼
Financial debts170/4€396k€205k▼
Other amounts payable178/9-€105k
Amounts payable within one year42/48€429k€646k▲
Current portion of amounts payable after more than one year42€33k€291k▲
Trade debts44€128k€326k▲
Suppliers440/4€128k€326k▲
Taxes, remuneration and social security45€135k€29k▼
Taxes450/3€41k-
Remuneration and social security454/9€94k€29k▼
Other amounts payable47/48€132k€17▼
Income statement
Code20242025
Remuneration, social security and pensions62€254k€242k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€74k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€252k€224k▼
Operating profit (loss)9901€-76k€-94k▼
Financial income75/76B€723€0▼
Recurring financial income75€723€0▼
Financial charges65/66B€21k€24k▲
Recurring financial charges65€21k€24k▲
Profit (loss) for the period before taxes9903€-96k€-119k▼
Profit (loss) for the period9904€-96k€-119k▼
Profit (loss) for the period to be appropriated9905€-96k€-119k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-121k€-240k▼
Profit (loss) brought forward from the previous period14P€-26k€-121k▼
The notes to these accounts (9 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
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 33 days late
03-04
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise de Liège · 20250055 · event 31-03-2026
2025
31-12
Financial
Weakest financial yearnet €-119k
Net result drops to €-119k, the lowest in the series.
15-12
Judicial reorganisation
Extension
Tribunal de l’entreprise de Liège · collectif · event 27-11-2025
06-08
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collectif · event 31-07-2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
31-12
Financial
Equity above €150kEq €162k ▲575%
Equity rises from €24k to €162k.
06-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 98 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Liège · 1 establishment unit since 1999
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.
Rue de la Câblerie 84000 LiègeGround area
706 m²
Building footprint
276 m²
Volume, LiDAR
3,708 m³
Parcel 62020A0522/00R002, Wallonia · tallest building 14.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
La Vera Pasta
since 19992.099.238.168
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62020A0522/00R002 | Wallonia | 706 m² | 1 · 276 m² | 14.8 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
Food safety, FASFC
1 siteLiège2.099.238.168
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Of 63 companies in sector 10730 we hold annual accounts for 39. 16 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-1999
Fiscal year end31-12
Activities, NACEBEL
10730Manufacture of food products
15910
11010Manufacture of beverages
11040Manufacture of beverages
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.