Inkubis
Inkubis has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.38M and a net result of €-2.11M. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 93 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €1.38M |
| Net result | €-2.11M |
| Staff (FTE) | 3.8 |
| Better than sector | 40% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 27.6% | 48.3% | |
| Net result | €-2.11M | €42k | |
| Equity | €1.38M | €93k | |
| Gross operating margin | €-217k | €74k | |
| Staff costs | €308k | €266k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | full schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | €1.59M | €2.26M | €2.14M | €2.00M |
| EBITDA | €-768k | €-80k | €-136k | €7k |
| Net profit | €-2.11M | €641k | €512k | €163k |
| Cash flow | €-2.10M | €655k | €564k | €216k |
| Staff costs | €308k | €310k | €285k | €280k |
| Income taxes | €-50 | €800 | €731 | €-84 |
| Dividends | - | - | - | - |
| Total assets | €4.99M | €4.97M | €5.54M | €5.16M |
| Equity | €1.38M | €3.49M | €2.85M | €2.33M |
| Debt | €3.62M | €1.49M | €2.69M | €2.83M |
| of which ≤ 1y | €3.62M | €1.48M | €2.69M | €2.83M |
| of which > 1y | - | - | - | - |
| Working capital | €-3.11M | €-827k | €-1.70M | €-1.97M |
| Employees (FTE) | 3.8 | 3.6 | 3.0 | 3.9 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.14 | 0.44 | 0.37 | 0.30 |
| Quick ratio | 0.14 | 0.44 | 0.37 | 0.30 |
| Working capital ratio | -62.3% | -16.6% | -30.7% | -38.1% |
| Solvency | 27.6% | 70.1% | 51.4% | 45.2% |
| Debt / equity | 2.63 | 0.43 | 0.94 | 1.21 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -11.57 | -0.74 | -1.11 | 0.07 |
| Gross margin | -56.7% | -23.3% | -30.8% | -22.6% |
| Net margin | -132.4% | 28.3% | 23.9% | 8.2% |
| ROA | -42.2% | 12.9% | 9.2% | 3.2% |
| ROE | -153.2% | 18.4% | 18.0% | 7.0% |
| EBITDA margin | -48.2% | -3.6% | -6.3% | 0.3% |
| Days sales outstanding | 102d | 86d | 99d | 114d |
| Days payable outstanding | 97d | 61d | 53d | 52d |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €4.99M | €4.97M | €5.54M | €5.16M |
| Fixed assets | 21/28 | €4.49M | €4.31M | €4.54M | €4.30M |
| Tangible fixed assets | 22/27 | €27k | €35k | €27k | €58k |
| Financial fixed assets | 28 | €4.46M | €4.28M | €4.52M | €4.24M |
| Current assets | 29/58 | €508k | €658k | €992k | €860k |
| Amounts receivable within one year | 40/41 | €493k | €533k | €958k | €778k |
| Cash & bank | 54/58 | €6k | €89k | €28k | €6k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.99M | €4.97M | €5.54M | €5.16M |
| Equity | 10/15 | €1.38M | €3.49M | €2.85M | €2.33M |
| Contributions / capital | 10/11 | €62k | €62k | €62k | €62k |
| Reserves | 13 | €1.32M | €3.42M | €2.78M | €2.27M |
| Accumulated profits (losses) | 14 | €55 | €857 | €724 | €753 |
| Provisions & deferred taxes | 16 | €109 | - | €285 | - |
| Amounts payable | 17/49 | €3.62M | €1.49M | €2.69M | €2.83M |
| Amounts payable within one year | 42/48 | €3.62M | €1.48M | €2.69M | €2.83M |
| Trade debts payable within one year | 44 | €666k | €470k | €410k | €348k |
| Income statement | |||||
| Turnover | 70 | €1.59M | €2.26M | €2.14M | €2.00M |
| Gross operating margin | 9900 | €-217k | €232k | €152k | €306k |
| Operating result | 9901 | €-778k | €-94k | €-188k | €-45k |
| Financial income | 75 | €450k | €890k | €822k | €499k |
| Financial charges | 65 | €66k | €109k | €122k | €102k |
| Result before taxes | 9903 | €-2.11M | €642k | €513k | €163k |
| Income taxes | 67/77 | €-50 | €800 | €731 | €-84 |
| Net result for the period | 9904 | €-2.11M | €641k | €512k | €163k |
| Result to be appropriated | 9905 | €-2.11M | €641k | €512k | €163k |
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Public limited company(014) |
| Incorporation | 25-07-2014 |
| Status | Active |
| Postal code | 2550 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0130/00F002 | Flanders | 3,418 m² | 1 · 727 m² | 14.1 m · 4 fl. |
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-12-2023 Permanent representative changed: Gwen Cleirbaut succeeds Filip De Bock
Technical details
{
"events": [
{
"kind": "rep_rotation",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Gwen Cleirbaut",
"address": null,
"birth_date": null,
"profession": "bedrijfsrevisor",
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": null,
"name": "KPMG Bedrijfsrevisoren CVBA",
"address": "Luchthaven Brussel Nationaal 1K, 1930 Zaventem",
"country": "BE",
"legal_form": "CVBA"
},
"statutory": null,
"compensated": null,
"effective_date": "2023-01-01",
"evidence_quote": "Het bestuursorgaan bevestigt de kennisname van het feit dat de heer Filip De Bock, bedrijfsrevisor, werd vervangen als vaste vertegenwoordiger van de commissaris van de Vennootschap, te weten KPMG Bedrijfsrevisoren CVBA, kantoorhoudend te Luchthaven Brussel Nationaal 1K, 1930 Zaventem, door de heer ",
"decharge_status": null,
"mandate_duration": {
"kind": "until_date",
"value": "2023-12-31"
},
"rep_rotation_new_rep": "Gwen Cleirbaut",
"rep_rotation_old_rep": "Filip De Bock",
"effective_date_qualifier": null
}
],
"notary": {
"name": "Josephus de Wit",
"firm_city": null,
"firm_name": null,
"office_city": "Kontich",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-06",
"filing_date": "2023-11-23",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-10-23",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0557.978.741",
"name_full": "Inkubis",
"legal_form": "NV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Josephus de Wit",
"org_rep_person_name": null,
"person_role_at_subject": "Gedelegeerd bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | Inkubis |