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INL

Active
Private limited company (pre-2019)founded 2005active for 21 yearsTerhulpsesteenweg 150, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0871.337.241
Summary

INL has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€653,724) and a net result of -€40,229. Equity has been shrinking by about 6.1% per year since 2019. Its solvency ranks better than 6% of 825 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 20-01-2005 Normal situation
Registered office
232 active companies are registered at this address 24 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Other software publishing NACE 58290
Establishment unit
2.146.673.346 1170 Watermaal-Bosvoorde, since 20-01-2005
Financial year end
30 June
Peppol
Reachable since 05-01-2026

Board and ownership

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts to 30-06-2025
Gross margin
€21,383
▼ 74.5%
Turnover
≈ €160,000
estimated
Loss
€40,229
Equity
-€653,724
▼ 6.6%
Total assets
€186,800
▼ 14.2%
Employees on 30-06-2025
1
=
  • Negative equity on 30-06-2025
  • 2025 accounts filed 2 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLoss of €40,229 (financial year 2025)Negative equity -€653,724lowers riskSize: total assets €186,800Sector: Publishing activities (NACE 58)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 16% of micro companies in publishing (NACE 58)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -350.0% of total assets
Liquidity 3=
short-term debt 446.0% · cash 2.6%
Profitability 2-34
return on assets -21.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,284 companies, NACE 58, micro)
Last 24 months 12-2024: 0.4%lowest value 01-2025: 0.5%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%▲ +0.2 percentage points vs 01-2025 03-2025: 0.4%▼ -0.3 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025 02-2026: 0.8%▲ +0.3 percentage points vs 01-2026 03-2026: 0.9%▲ +0.1 percentage points vs 02-2026highest value 04-2026: 0.9%● unchanged vs 03-2026highest value 05-2026: 0.9%● unchanged vs 04-2026highest value 06-2026: 0.9%● unchanged vs 05-2026highest value 07-2026: 0.9%● unchanged vs 06-2026highest value 08-2026: 0.9%● unchanged vs 07-2026highest value 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.8%▼ -0.1 percentage points vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.09 (0.11 in 2024), below 1. Short-term debt is 446% and cash 2.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 58, micro). It does better than 8% of them on solvency, 4% on liquidity, 18% on profitability and 35% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €186,800
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €40,229 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€653,724
NBB · annual accounts
lowers risk · Sector: Publishing activities (NACE 58)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€653,724
raises risk · 2025 accounts filed 2 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
2 days late
2024
10 days late
2023
on the day
2022
on the day
2021
on the day
2020
9 days late
2019
179 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€653,724 View
  • Caution: Less equity than 95% of companies in publishingsector median €40,682 · 826 companies -€653,724 View

Recent changes

  1. · Gazette deed General meeting · Director appointment
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as INL: other software publishing (NACE 58290). They are comparable in size and age: total assets between €179,000 and €251,000, founded between 2003 and 2007.

CompanyTotal assetsGross margin
INL Watermaal-Bosvoorde€186,800€21,383
EDARTA Ukkel€250,994€22,210
DC-ICT Temse€195,570€14,583
GANGMAKER Schilde€213,431€32,389
AFFINITIC Nivelles€179,294€32,893
BRAINS AND BUSINESS As€182,486€35,845
ED&J STUDIOS Brakel€224,261€34,818
Full comparison

Key facts about INL

What is the company number of INL?
The company number of INL is 0871.337.241. The VAT number is the same number with BE in front: BE 0871.337.241.
Where is INL based?
The registered office is at Terhulpsesteenweg 150, 1170 Watermaal-Bosvoorde.Company details
What does INL do?
According to the KBO register, the main activity is other software publishing (NACE 58290).
What is the legal form of INL?
The legal form of INL is Private limited company (pre-2019) (BVBA).
When was INL founded?
INL was founded on 20-01-2005.
Is INL still active?
Yes, INL is an active enterprise in the KBO register.
How many employees does INL have?
INL had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of INL?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €21,383 and 6,319 comparable companies of the same size. It probably lies between €75,000 and €390,000. It is a rough estimate.
Is INL profitable?
In financial year 2025, INL made a loss of €40,229.
Where can I find the annual accounts of INL?
INL filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INL due?
INL must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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