INOCOIFF
Annual accounts 2025
micro format, filed on 05-07-2026, 26 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €110,000 and €170,000.
Balance sheet
balance sheet total €17,100 on 31-12-2025in euro
in euro
Position in the sector
-64.8%
Higher than 16% of 6,259 companies in 2025.
0.54
Higher than 27% of 5,744 companies in 2025.
-51.2%
Higher than 6% of 5,796 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Staff
€45,555
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
17,100 | 21,781 | 23,427 | 65,916 | 16,548 | 2,240 | 6,356 | 9,571 | 2,791 | |
21/28 |
1,751 | 1,399 | 1,269 | 1,609 | - | - | - | 800 | 1,600 | |
22/27 |
1,751 | 1,399 | 1,269 | 1,609 | - | - | - | 800 | 1,600 | |
23 |
589 | 929 | 1,269 | 1,609 | - | - | - | 800 | 1,600 | |
24 |
1,161 | 469 | - | - | - | - | - | - | - | |
29/58 |
15,350 | 20,382 | 22,158 | 64,307 | 16,548 | 2,240 | 6,356 | 8,771 | 1,191 | |
40/41 |
1,495 | 6,484 | 8,411 | 60,070 | 14,981 | 1,278 | 1,640 | - | - | |
40 |
1,495 | 6,335 | 8,411 | 52,722 | 14,981 | 1,278 | 1,640 | - | - | |
41 |
- | 149 | - | 7,348 | - | - | - | - | - | |
54/58 |
13,135 | 13,899 | 13,747 | 3,899 | 1,567 | 962 | 4,716 | 8,771 | 1,191 | |
490/1 |
719 | - | - | 338 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
17,100 | 21,781 | 23,427 | 65,916 | 16,548 | 2,240 | 6,356 | 9,571 | 2,791 | |
10/15 |
-11,083 | -2,322 | 3,015 | 415 | 179 | -375 | 895 | 366 | -198 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | 6,200 | 6,200 | - | - | - | |
1109/19 |
- | - | - | - | 6,200 | 6,200 | - | - | - | |
14 |
-17,283 | -8,522 | -3,185 | -5,785 | -6,021 | -6,575 | -5,305 | -5,834 | -6,398 | |
17/49 |
28,183 | 24,104 | 20,412 | 65,501 | 16,369 | 2,614 | 5,461 | 9,205 | 2,989 | |
42/48 |
28,183 | 24,104 | 20,412 | 65,501 | 16,369 | 2,614 | 5,461 | 9,205 | 2,989 | |
44 |
3,662 | 3,337 | 2,873 | 7,433 | 173 | 1,006 | 100 | 111 | 655 | |
440/4 |
3,662 | 3,337 | 2,873 | 7,433 | 173 | 1,006 | 100 | 111 | 655 | |
45 |
24,521 | 20,766 | 17,539 | 21,531 | 13,693 | 1,512 | 5,361 | 7,494 | 2,334 | |
450/3 |
5,677 | 4,900 | 7,977 | 5,932 | 5,735 | 788 | 5,361 | 7,494 | 1,756 | |
454/9 |
18,844 | 15,867 | 9,562 | 15,598 | 7,958 | 724 | - | - | 578 | |
47/48 |
- | - | - | 36,538 | 2,502 | 96 | - | 1,600 | - | |
| Income statement | ||||||||||
9900 |
60,286 | 51,213 | 46,238 | 54,275 | 30,538 | 2,143 | 1,468 | 2,780 | 4,692 | |
62 |
68,332 | 56,113 | 43,221 | 53,785 | 29,824 | 3,256 | - | 1,408 | 10,284 | |
630 |
634 | 362 | 340 | 90 | - | - | 800 | 800 | 800 | |
640/8 |
25 | 25 | - | - | - | - | - | - | - | |
9901 |
-8,706 | -5,287 | 2,677 | 399 | 714 | -1,113 | 668 | 572 | -6,391 | |
65/66B |
55 | 50 | 76 | 163 | 161 | 156 | 139 | 8 | 7 | |
65 |
55 | 50 | 76 | 163 | 161 | 156 | 139 | 8 | 7 | |
9903 |
-8,761 | -5,337 | 2,601 | 236 | 554 | -1,269 | 529 | 564 | -6,398 | |
9904 |
-8,761 | -5,337 | 2,601 | 236 | 554 | -1,269 | 529 | 564 | -6,398 | |
9905 |
-8,761 | -5,337 | 2,601 | 236 | 554 | -1,269 | 529 | 564 | -6,398 | |
| Appropriation of the result | ||||||||||
9906 |
-17,283 | -8,522 | -3,185 | -5,785 | -6,021 | -6,575 | -5,305 | -5,834 | -6,398 | |
14P |
-8,522 | -3,185 | -5,785 | -6,021 | -6,575 | - | - | - | - | |
| Social balance sheet | ||||||||||
9087 |
1.5 | - | 1.4 | 1.3 | 1 | - | - | - | - | |
Hours worked1013 |
2,551 | - | 1,770 | 2,242 | 1,482 | - | - | - | - | |
| Document | ||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 05-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 05-07-2026 | 2026-00262356 | |
| 31-12-2024 | micro format | 26-07-2025 | 2025-00347135 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00376281 | |
| 31-12-2022 | micro format | 26-08-2023 | 2023-00356739 | |
| 31-12-2021 | micro format | 24-10-2022 | 2022-20470045 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-53500040 | |
| 31-12-2019 | micro format | 07-07-2020 | 2020-28800326 | |
| 31-12-2018 | micro format | 08-07-2019 | 2019-29900202 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61700546 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| -8,072 | -4,925 | 3,017 | 489 | - | - | 1,468 | 1,372 | -5,591 | ||
| -8,127 | -4,975 | 2,940 | 326 | - | - | 1,329 | 1,364 | -5,598 | ||
| 986 | 492 | 0 | 1,700 | - | - | 0 | 0 | 2,400 | ||
| -763 | 152 | 9,848 | 2,332 | 605 | -3,754 | -4,055 | 7,580 | - | ||
| -12,834 | -3,721 | 1,746 | -1,195 | 179 | -375 | 895 | -434 | -1,798 | ||
| -64.8% | -10.7% | 12.9% | 0.6% | 1.1% | - | 14.1% | 3.8% | - | ||
| 0.54 | 0.85 | 1.09 | 0.98 | 1.01 | - | 1.16 | 0.95 | - | ||
| - | - | 6.77 | - | - | - | - | - | - | ||
| - | - | 86.3% | - | - | - | - | - | - | ||
| -51.2% | -24.5% | 11.1% | 0.4% | 3.3% | - | 8.3% | 5.9% | - | ||
| -146.76 | -98.50 | 39.47 | 3.00 | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 | 1 |
| full-time | 1 | 1 | 2 | 2 | 1 |
| part-time | 1 | 1 | - | - | - |
| in full-time equivalents | 1.5 | 1.5 | 2 | 2 | 1 |
| 1.5 | - | 1.4 | 1.3 | 1 | |
| On a permanent contract | 2 | 2 | 1 | 2 | 1 |
| Joined | - | 1 | 1 | 1 | - |
| Left | - | 1 | 1 | 0 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €986 | €492 | - | €1,700 | - |
| €634 | €362 | €340 | €90 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on INOCOIFF
The operating result for 2025 is a loss of €8,706, larger than the loss of €5,287 in 2024. It is the lowest result since 2017.
Equity is negative. Debt (€28,183) exceeds the balance-sheet total (€17,100).