INLECOM GROUP
ActiveINLECOM GROUP has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €756k and a net result of €44k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
79
/ 100
Excellent▼ -21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-71
Solvency92▼-8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 27.12 in 2024), but 51.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.5%
Return on assets
2.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
18 d late
2023
2 d early
2022
31 d late
2021
on the day
2020
38 d early
2019
88 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€756k▲ 6.1%
2024 · €712k
2018: €67k
2019: €76k
2020: €261k
2021: €386k
2022: €538k
2023: €550k
2024: €712k
2018 → 2025
Total assets
€1.56M▲ 110%
2024 · €743k
2018: €1.11M
2019: €1.99M
2020: €3.73M
2021: €1.59M
2022: €1.64M
2023: €4.86M
2024: €743k
2018 → 2025
Net result
€44k▼ 73.1%
2024 · €162k
2018: €22k
2019: €10k
2020: €185k
2021: €125k
2022: €152k
2023: €12k
2024: €162k
2018 → 2025
Working capital
€735k▲ 4.1%
2024 · €706k
2018: €68k
2019: €78k
2020: €263k
2021: €367k
2022: €526k
2023: €546k
2024: €706k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€386k-€538k▲ 39.3%€550k▲ 2.1%€712k▲ 29.5%€756k▲ 6.1%
Operating result€194k-€172k▼ 11.7%€14k▼ 91.6%€150k▲ 938%€29k▼ 80.4%
Net result€125k-€152k▲ 21.8%€12k▼ 92.4%€162k▲ 1,309%€44k▼ 73.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.56M
Fixed assets
€26k▲ 142%
Current assets
€1.53M▲ 109%
Equity and liabilities €1.56M
Equity
€756k▲ 6.1%
Debt
€804k▲ 2,481%
The debt ratio rises from 4.2% to 51.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€36k▼
2024 · €154k
Cash flow
€50k▼
2024 · €167k
Solvency
48.5%▼
2024 · 95.8%
Current ratio
1.92▼
2024 · 27.12
Quick ratio
1.92▼
2024 · 27.12
Debt / equity
1.06▲
2024 · 0.04
ROE
5.8%▼
2024 · 22.8%
ROA
2.8%▼
2024 · 21.8%
Interest coverage
317.02▼
2024 · 363.50
Debt
€804k▲
2024 · €31k
Debt ≤ 1 year
€800k▲
2024 · €27k
Income taxes
€9k▼
2024 · €32k
Staff costs
€237k▼
2024 · €334k
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€743k€1.56M▲
Fixed assets21/28€11k€26k▲
Intangible fixed assets21-€16k
Tangible fixed assets22/27€11k€9k▼
Furniture and vehicles24€11k€9k▼
Current assets29/58€733k€1.53M▲
Amounts receivable within one year40/41€21k€47k▲
Trade receivables40€10k€1k▼
Other amounts receivable41€11k€46k▲
Current investments50/53€640k€1.13M▲
Cash at bank and in hand54/58€66k€349k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€743k€1.56M▲
Equity10/15€712k€756k▲
Contributions10/11€19k€19k=
Reserves13€669k€713k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€668k€711k▲
Profit (loss) carried forward14€24k€24k=
Amounts payable17/49€31k€804k▲
Amounts payable within one year42/48€27k€800k▲
Trade debts44€18k€17k▼
Suppliers440/4€18k€17k▼
Taxes, remuneration and social security45€1k€632▼
Taxes450/3€1k€632▼
Other amounts payable47/48€8k€782k▲
Accrued charges and deferred income492/3€4k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€334k€237k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€489k€274k▼
Operating profit (loss)9901€150k€29k▼
Financial income75/76B€45k€24k▼
Recurring financial income75€45k€24k▼
Financial charges65/66B€424€112▼
Recurring financial charges65€424€112▼
Profit (loss) for the period before taxes9903€195k€53k▼
Income taxes67/77€32k€9k▼
Profit (loss) for the period9904€162k€44k▼
Profit (loss) for the period to be appropriated9905€162k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€187k€68k▼
Profit (loss) brought forward from the previous period14P€24k€24k=
Transfer to equity691/2€162k€44k▼
To other reserves6921€162k€44k▼
The notes to these accounts (16 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Liquidity times 24current ratio 27.12
Current ratio from 1.13 to 27.12; short-term debt falls from €4.30M to €27k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €538k ▲39.3%
5 profitable years in a row build equity to €538k.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €185k ▲1786%
Operating result €246k, net result €185k, both a record.
31-12
Financial
Equity above €200kEq €261k ▲242%
3 profitable years in a row build equity to €261k.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Weakest financial yearnet €10k ▼55.2%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB 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, Brussel · 1 establishment unit since 2016
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.
de Meeûssquare 381000 BrusselGround area
2,882 m²
Building footprint
1,497 m²
Volume, LiDAR
33,881 m³
2 parcels, Brussels · tallest building 33.3 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
INLECOM GROUP
since 20162.258.882.649
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0461/00L000 | Brussels | 2,479 m² | 1 · 1,096 m² | 33.3 m · 9 fl. |
| 21442A0006/00D005 | Brussels | 403 m² | 1 · 401 m² | 29.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
European Union, budget
2021 to 2025 · 15 entries · 4,250,672 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 2 | 770,276 EUR |
| 2024 | 2 | 623,052 EUR |
| 2023 | 2 | 578,012 EUR |
| 2022 | 6 | 1,478,081 EUR |
| 2021 | 3 | 801,250 EUR |
Projects
ACTION GRANT
101192699 - HARPOONERS - HIGH VOLTAGE, MODULAR AND LOW WEIGHT ELECTRIC POWERTRAINS FOR NEXT GENERATION WATERBORNE TRANSPORT
101138261 - FOREMAST - FREIGHT VOLUMES TRANSFER FROM ROAD TO WATERBORNE TRANSPORT, USING ZERO-EMISSION, AUTOMATED, SMALL AND FLEXIBLE VESSEL PROTOTYPES
101056799 - DT4GS - OPEN COLLABORATION AND OPEN DIGITAL TWIN INFRASTRUCTURE FOR GREEN SMART SHIPPING
101056799 - DT4GS - OPEN COLLABORATION AND OPEN DIGITAL TWIN INFRASTRUCTURE FOR GREEN SMART SHIPPING
Show 10 more projects
101004311 - CENTURION - COPERNICUS DATACUBE / AI DATACUBESERVICES FOR SOCIETY, INDUSTRY AND NEW MARKET GENERATION
101004311 - CENTURION - COPERNICUS DATACUBE / AI DATACUBESERVICES FOR SOCIETY, INDUSTRY AND NEW MARKET GENERATION
101057271 - SYNAIR-G - DISRUPTING NOXIOUS SYNERGIES OF INDOOR AIR POLLUTANTS AND THEIR IMPACT IN CHILDHOOD HEALTH AND WELLBEING, USING ADVANCED INTELLIGENT MULTISENSING AND GREEN INTERVENTIONS
101057271 - SYNAIR-G - DISRUPTING NOXIOUS SYNERGIES OF INDOOR AIR POLLUTANTS AND THEIR IMPACT IN CHILDHOOD HEALTH AND WELLBEING, USING ADVANCED INTELLIGENT MULTISENSING AND GREEN INTERVENTIONS
101004311 - CENTURION - COPERNICUS DATACUBE / AI DATACUBESERVICES FOR SOCIETY, INDUSTRY AND NEW MARKET GENERATION
101077033 - LIFE21-CET-SMARTSERV-INEEXS - INNOVATIVE ENERGY (EFFICIENCY) SERVICE MODELS FOR SECTOR INTEGRATION VIA BLOCKCHAIN
101138261 - FOREMAST - FREIGHT VOLUMES TRANSFER FROM ROAD TO WATERBORNE TRANSPORT, USING ZERO-EMISSION, AUTOMATED, SMALL AND FLEXIBLE VESSEL PROTOTYPES
EDIC M&L SUPPORT PROJECT
101138261 - FOREMAST - FREIGHT VOLUMES TRANSFER FROM ROAD TO WATERBORNE TRANSPORT, USING ZERO-EMISSION, AUTOMATED, SMALL AND FLEXIBLE VESSEL PROTOTYPES
101057271 - SYNAIR-G - DISRUPTING NOXIOUS SYNERGIES OF INDOOR AIR POLLUTANTS AND THEIR IMPACT IN CHILDHOOD HEALTH AND WELLBEING, USING ADVANCED INTELLIGENT MULTISENSING AND GREEN INTERVENTIONS
European research
13 projects · 6 as coordinator · 7,652,967 EUR EU contributionProgrammes
h2020
HORIZON
Projects
Intelligence Network and Secure Platform for Evidence Correlation and Transfer (INSPECTr)
Innovation driven Collaborative European Inland Waterways Transport Network
COPERNICUS DATACUBE / AI DATACUBESERVICES FOR SOCIETY, INDUSTRY AND NEW MARKET GENERATION
Open collaboration and open Digital Twin infrastructure for Green Smart Shipping
5G Solutions for European Citizens
Show 8 more projects
WAterborne fedeRated systems and models for secuRe and resilieNt operations
Progress towards Federated Logistics Through The Integration Of TEN-T into A Global Trade Network
Freight vOlumes transfer from Road to waterborne transport, using zero-EMission, Automated, Small and flexible vessel protoTypes
High voltAge, modulaR and low weight electric POwertrains fOr NExt generation waterborne tRanSport
New ICT infrastructure and reference architecture to support Operations in future PI Logistics NETworks
Disrupting Noxious Synergies of Indoor Air Pollutants and their Impact in Childhood Health and Wellbeing, using Advanced Intelligent Multisensing and Green Interventions
Big Data for Mobility Tracking Knowledge Extraction in Urban Areas
Vertical Innovations in Transport And Logistics over 5G experimentation facilities
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Of 29,889 companies in sector 62200 we hold annual accounts for 18,319. 9,966 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-09-2016
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.