INL
ActiveINL has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-654k) and a net result of €-40k. Equity is shrinking by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 6% of 677 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-34
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.11 in 2024; short-term debt: 446% and cash: 2.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-350%
Return on assets
-21.5%
Age of the figures
15 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-654k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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
2 d late
2024
10 d late
2023
on the day
2022
on the day
2021
on the day
2020
9 d late
2019
179 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-654k▼ 6.6%
2024 · €-613k
2019: €-342k
2020: €-692k
2021: €-500k
2022: €-657k
2023: €-623k
2024: €-613k
2019 → 2025
Total assets
€187k▼ 14.2%
2024 · €218k
2019: €1.15M
2020: €777k
2021: €439k
2022: €362k
2023: €234k
2024: €218k
2019 → 2025
Net result
€-40k
2024 · €9k
2019: €-168k
2020: €-349k
2021: €199k
2022: €-158k
2023: €35k
2024: €9k
2019 → 2025
Working capital
€-756k▼ 3.9%
2024 · €-728k
2019: €-406k
2020: €-751k
2021: €-598k
2022: €-689k
2023: €-662k
2024: €-728k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-500k-€-657k▼ 31.6%€-623k▲ 5.3%€-613k▲ 1.5%€-654k▼ 6.6%
Operating result€199k-€-166k€61k€43k▼ 29.2%€-20k
Net result€199k-€-158k€35k€9k▼ 73.3%€-40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20k after €43k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187k
Fixed assets
€110k▼ 11.3%
Current assets
€77k▼ 18.1%
Key figures and ratios
EBITDA
€5k▼
2024 · €53k
Cash flow
€-14k▼
2024 · €20k
Solvency
-350.0%▼
2024 · -281.7%
Current ratio
0.09▼
2024 · 0.11
Quick ratio
0.09▼
2024 · 0.11
Debt / equity
-1.29▲
2024 · -1.35
ROA
-21.5%▼
2024 · 4.2%
Interest coverage
0.27▼
2024 · 1.38
Debt
€841k▲
2024 · €831k
Debt ≤ 1 year
€833k▲
2024 · €822k
Staff costs
€8k▼
2024 · €10k
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€218k€187k▼
Fixed assets21/28€123k€110k▼
Intangible fixed assets21€91k€71k▼
Tangible fixed assets22/27€9k€15k▲
Land and buildings22€5k€4k▼
Furniture and vehicles24€4k€11k▲
Financial fixed assets28€24k€24k=
Current assets29/58€94k€77k▼
Amounts receivable within one year40/41€89k€72k▼
Trade receivables40€18k€22k▲
Other amounts receivable41€71k€50k▼
Cash at bank and in hand54/58€5k€5k▼
Deferred charges and accrued income490/1-€344
Equity and liabilities
Total equity and liabilities10/49€218k€187k▼
Equity10/15€-613k€-654k▼
Contributions10/11€6k€6k=
Reserves13€13k€13k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-633k€-673k▼
Amounts payable17/49€831k€841k▲
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€822k€833k▲
Current portion of amounts payable after more than one year42€9k-
Trade debts44€85k€64k▼
Suppliers440/4€85k€64k▼
Taxes, remuneration and social security45€8k€1k▼
Taxes450/3€8k€1k▼
Other amounts payable47/48€720k€768k▲
Accrued charges and deferred income492/3€7k€7k▲
Income statement
Code20242025
Non-recurring operating income76A€25k€7k▼
Remuneration, social security and pensions62€10k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€26k▲
Other operating charges640/8€121€7k▲
Non-recurring operating charges66A€20k€400▼
Gross operating margin9900€84k€21k▼
Operating profit (loss)9901€43k€-20k▼
Financial income75/76B€5k€19▼
Recurring financial income75€5k€19▼
Financial charges65/66B€39k€20k▼
Recurring financial charges65€39k€20k▼
Profit (loss) for the period before taxes9903€9k€-40k▼
Profit (loss) for the period9904€9k€-40k▼
Profit (loss) for the period to be appropriated9905€9k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-633k€-673k▼
Profit (loss) brought forward from the previous period14P€-642k€-633k▲
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
14-09
State Gazette act
General meeting · Board meeting
Director appointment · Director discharge
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 10 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €199k
Net result €199k after 2 loss-making years.
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 179 days late
30-06
Financial
Weakest financial yearnet €-349k
Net result drops to €-349k, the lowest in the series; recovery starts the following year.
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 200 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB 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, Watermaal-Bosvoorde · 1 establishment unit since 2005
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.
Terhulpsesteenweg 1501170 Watermaal-BosvoordeGround area
4,415 m²
Building footprint
2,124 m²
Volume, LiDAR
45,158 m³
Parcel 21652E0035/00R005, Brussels · tallest building 36.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
INL
since 20052.146.673.346
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0035/00R005 | Brussels | 4,415 m² | 1 · 2,124 m² | 36.1 m · 7 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared director
→
Ownership & control
1 partyINLBE 0871.337.241
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 1,279 companies in sector 58290 we hold annual accounts for 593. 417 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-01-2005
Fiscal year end30-06
Activities, NACEBEL
58290Other software publishing
72210
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:francois@alpha1.be
Phone:0479/946132