INlabs
ActiveSummary
The computed 12-month bankruptcy probability of INlabs is 2.7% (moderate). The 2025 annual accounts show negative equity (-€118,351) and a net result of -€99,945. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 11508 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-50
Solvency0▼-32
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 1.36 in 2024; short-term debt: 2.4% and cash: 0.6% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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
-91.9%
Return on assets
-77.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€118,351
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
28 d early
2024
57 d late
2023
30 d late
2022
25 d late
2021
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€118,351
2024 · €21,247
Total assets
€128,714▼ 56.9%
2024 · €298,474
Net result
-€99,945
2024 · €83,154
Working capital
-€189
2024 · €22,588
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€130,432--€143,469▼ 10.0%-€275,253▼ 91.9%-€112,317▲ 59.2%-€152,732▼ 36.0%
Net result-€127,393below the sector's middle half--€1,396within the sector's middle half▲ 98.9%-€59,268below the sector's middle half▼ 4,144%€83,154above the sector's middle half-€99,945below the sector's middle half
Equity-€20,938below the sector's middle half-€36,306within the sector's middle half-€22,254below the sector's middle half€21,247within the sector's middle half-€118,351below the sector's middle half
Total assets€268,197within the sector's middle half-€609,151above the sector's middle half▲ 127%€321,159within the sector's middle half▼ 47.3%€298,474within the sector's middle half▼ 7.1%€128,714within the sector's middle half▼ 56.9%
Debt€263,651-€527,813▲ 100%€298,145▼ 43.5%€245,177▼ 17.8%€228,232▼ 6.9%
Working capital€63,936within the sector's middle half--€13,250below the sector's middle half-€60,250below the sector's middle half▼ 355%€22,588within the sector's middle half-€189within the sector's middle half
Solvency-7.8%below the sector's middle half-6.0%below the sector's middle half▲ 13.8pp-6.9%below the sector's middle half▼ 12.9pp7.1%within the sector's middle half▲ 14.0pp-91.9%below the sector's middle half▼ 99.1pp
Current ratio1.68within the sector's middle half-0.94within the sector's middle half▼ 0.740.24below the sector's middle half▼ 0.701.36within the sector's middle half▲ 1.120.94below the sector's middle half▼ 0.42
Return on assets (ROA)-47.5%below the sector's middle half--0.2%within the sector's middle half▲ 47.3pp-18.5%below the sector's middle half▼ 18.2pp27.9%above the sector's middle half▲ 46.3pp-77.6%below the sector's middle half▼ 105.5pp
Staff (FTE)1.6-1.9▲ 18.8%1
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €152,732 in 2025 against €112,317 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128,714
Fixed assets
€125,756 ▼ 41.2%
Current assets
€2,958 ▼ 96.5%
Key figures and ratios
EBITDA
-€64,778▼
2024 · -€24,363
Cash flow
-€11,991▼
2024 · €171,108
Debt to equity
-1.93▼
2024 · 11.54
Interest coverage
-749.49▼
2024 · -60.59
Debt ≤ 1 year
€3,147▼
2024 · €62,177
Debt > 1 year
€225,085▲
2024 · €183,000
Staff costs
€0▼
2024 · €123,741
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €52,801 | €145,784 | €153,698 | €123,741 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,321 | €43,993 | €90,792 | €87,954 | €87,954 | = |
| Other operating charges640/8 | €657 | €2,773 | €2,096 | €1,069 | €2,254 | ▲ 111% |
| Gross operating margin9900 | -€73,653 | €49,082 | -€28,667 | €100,446 | -€62,524 | ▼ 162% |
| Operating profit (loss)9901 | -€130,432 | -€143,469 | -€275,253 | -€112,317 | -€152,732 | ▼ 36.0% |
| Financial income75/76B | €2,360 | €135,326 | €203,277 | €182,656 | €39,656 | ▼ 78.3% |
| Recurring financial income75 | €2,360 | €20,876 | €39,677 | €39,656 | €39,656 | = |
| Non-recurring financial income76B | - | €114,450 | €163,600 | €143,000 | €0 | ▼ 100% |
| Financial charges65/66B | €87 | €207 | €394 | €402 | €86 | ▼ 78.5% |
| Recurring financial charges65 | €87 | €207 | €394 | €402 | €86 | ▼ 78.5% |
| Profit (loss) for the period before taxes9903 | -€128,158 | -€8,350 | -€72,371 | €69,937 | -€113,163 | ▼ 262% |
| Transfer from deferred taxes780 | €765 | €6,953 | €13,102 | €13,218 | €13,218 | = |
| Profit (loss) for the period9904 | -€127,393 | -€1,396 | -€59,268 | €83,154 | -€99,945 | ▼ 220% |
| Profit (loss) for the period to be appropriated9905 | -€127,393 | -€1,396 | -€59,268 | €83,154 | -€99,945 | ▼ 220% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €268,197 | €609,151 | €321,159 | €298,474 | €128,714 | ▼ 56.9% |
| Fixed assets21/28 | €110,611 | €396,587 | €301,663 | €213,709 | €125,756 | ▼ 41.2% |
| Intangible fixed assets21 | €110,611 | €396,587 | €298,961 | €211,667 | €124,374 | ▼ 41.2% |
| Tangible fixed assets22/27 | - | - | €2,703 | €2,042 | €1,381 | ▼ 32.4% |
| Plant, machinery and equipment23 | - | - | €2,703 | €2,042 | €1,381 | ▼ 32.4% |
| Current assets29/58 | €157,587 | €212,563 | €19,496 | €84,764 | €2,958 | ▼ 96.5% |
| Amounts receivable within one year40/41 | €75,630 | €157,707 | €19,380 | €60,530 | €2,196 | ▼ 96.4% |
| Trade receivables40 | €58,738 | €148,052 | €12,082 | €60,530 | €0 | ▼ 100% |
| Other amounts receivable41 | €16,892 | €9,656 | €7,298 | €0 | €2,196 | - |
| Cash at bank and in hand54/58 | €81,956 | €54,856 | €116 | €24,234 | €762 | ▼ 96.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €268,197 | €609,151 | €321,159 | €298,474 | €128,714 | ▼ 56.9% |
| Equity10/15 | -€20,938 | €36,306 | -€22,254 | €21,247 | -€118,351 | ▼ 657% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€127,393 | -€128,790 | -€188,058 | -€104,904 | -€204,849 | ▼ 95.3% |
| Investment grants15 | €76,455 | €135,095 | €135,804 | €96,150 | €56,497 | ▼ 41.2% |
| Provisions and deferred taxes16 | €25,485 | €45,032 | €45,268 | €32,050 | €18,832 | ▼ 41.2% |
| Deferred taxes168 | €25,485 | €45,032 | €45,268 | €32,050 | €18,832 | ▼ 41.2% |
| Amounts payable17/49 | €263,651 | €527,813 | €298,145 | €245,177 | €228,232 | ▼ 6.9% |
| Amounts payable after more than one year17 | €170,000 | €302,000 | €218,400 | €183,000 | €225,085 | ▲ 23.0% |
| Financial debts170/4 | €170,000 | €302,000 | €218,400 | €183,000 | €225,085 | ▲ 23.0% |
| Amounts payable within one year42/48 | €93,651 | €225,813 | €79,745 | €62,177 | €3,147 | ▼ 94.9% |
| Trade debts44 | €86,497 | €186,752 | €29,213 | €21,291 | €2,015 | ▼ 90.5% |
| Suppliers440/4 | €86,497 | €186,752 | €29,213 | €21,291 | €2,015 | ▼ 90.5% |
| Advances received on contracts in progress46 | - | €20,341 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €7,154 | €16,683 | €23,283 | €39,753 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €26,149 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €7,154 | €16,683 | €23,283 | €13,604 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €2,037 | €27,248 | €1,133 | €1,133 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€127,393 | -€1,396 | -€59,268 | €83,154 | -€99,945 | ▼ 220% |
| + Depreciation and write-downs630 | €3,321 | €43,993 | €90,792 | €87,954 | €87,954 | = |
| Operating cash flow (approximation) | -€124,073 | €42,597 | €31,524 | €171,108 | -€11,991 | ▼ 107% |
| Investment in fixed assets (approximation) | - | -€329,970 | €4,132 | €0 | €0 | - |
| Change in cash | - | -€27,101 | -€54,740 | €24,118 | -€23,472 | ▼ 197% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Back to profitnet €83,154
Net result €83,154 after 3 loss-making years.
31-12
Financial
Liquidity times 6current ratio 1.36
Current ratio from 0.24 to 1.36; short-term debt falls from €79,745 to €62,177.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Wommelgem · 1 establishment unit since 2021
Ground area
9,186 m²
Building footprint
2,292 m²
Volume, LiDAR
19,837 m³
Parcel 11052A0111/00P000, Flanders · tallest building 21.0 m, ±3 floors. Linked by address, not a title deed.
23
companies at this address
See who is registered here
1 establishment unit
INlabs
since 20212.316.413.448
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052A0111/00P000 | Flanders | 9,186 m² | 1 · 2,292 m² | 21.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
Owners and holdings
1 ownerOwners 1
-
20%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 5 entries · 17,125 EUR awarded · 17,125 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 5,327 EUR |
| 2023 | 2 | 6,527 EUR | 1,200 EUR |
| 2022 | 2 | 10,598 EUR | 10,598 EUR |
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Of 1,638 companies in sector 46170 we hold annual accounts for 669. 417 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
46389Wholesale of other food products
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0767488447
Also
9925:BE0767488447
Registered
31-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.