INS & LEX
ActiveSummary
INS & LEX has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,233 and a net result of €5,233. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+24
Solvency85▲+42
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.07 against 1.01 in 2024; short-term debt: 39.7% and cash: 39.6% of total assets), and 39.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
60.3%
Return on assets
43.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 d early
2024
146 d early
2023
42 d early
2022
122 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 85 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€7,233▲ 262%
2024 · €2,000
Total assets
€11,996▲ 7.9%
2024 · €11,117
Net result
€5,233▲ 708%
2024 · €647
Working capital
€5,074▲ 3,767%
2024 · €131
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line2022202320242025
Operating result€6,450-€757▼ 88.3%€1,963▲ 159%€8,803▲ 348%
Net result€3,346within the sector's middle half--€235below the sector's middle half€647below the sector's middle half€5,233within the sector's middle half▲ 708%
Equity€5,346below the sector's middle half-€5,111below the sector's middle half▼ 4.4%€2,000below the sector's middle half▼ 60.9%€7,233below the sector's middle half▲ 262%
Total assets€13,763below the sector's middle half-€10,910below the sector's middle half▼ 20.7%€11,117below the sector's middle half▲ 1.9%€11,996below the sector's middle half▲ 7.9%
Debt€8,417-€5,799▼ 31.1%€9,117▲ 57.2%€4,763▼ 47.8%
Working capital€3,802-€2,540▼ 33.2%€131▼ 94.8%€5,074▲ 3,767%
Solvency38.8%within the sector's middle half-46.8%within the sector's middle half▲ 8.0pp18.0%below the sector's middle half▼ 28.9pp60.3%within the sector's middle half▲ 42.3pp
Staff (FTE)1.5
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 348% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11,996
Fixed assets
€2,159 ▲ 15.6%
Current assets
€9,837 ▲ 6.4%
Equity and liabilities €11,996
Equity
€7,233 ▲ 262%
Debt
€4,763 ▼ 47.8%
Debt's share of the balance-sheet total falls from 82.0% to 39.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9,550▲
2024 · €2,666
Cash flow
€5,980▲
2024 · €1,350
Current ratio
2.07▲
2024 · 1.01
Debt to equity
0.66▼
2024 · 4.56
ROE
72.3%▲
2024 · 32.4%
ROA
43.6%▲
2024 · 5.8%
Interest coverage
83.69▲
2024 · 27.00
Debt ≤ 1 year
€4,763▼
2024 · €9,117
Income taxes
€3,456▲
2024 · €1,236
Staff costs
€533
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 39,275 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €4,485 | €6,754 | - | €533 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €242 | €699 | €702 | €747 | ▲ 6.4% |
| Other operating charges640/8 | €511 | - | €246 | €271 | ▲ 10.2% |
| Gross operating margin9900 | €11,688 | €8,210 | €2,912 | €10,355 | ▲ 256% |
| Operating profit (loss)9901 | €6,450 | €757 | €1,963 | €8,803 | ▲ 348% |
| Financial income75/76B | €15 | €1 | €19 | - | - |
| Recurring financial income75 | €15 | €1 | €19 | - | - |
| Financial charges65/66B | €17 | €143 | €99 | €114 | ▲ 15.6% |
| Recurring financial charges65 | €17 | €143 | €99 | €114 | ▲ 15.6% |
| Profit (loss) for the period before taxes9903 | €6,449 | €615 | €1,884 | €8,689 | ▲ 361% |
| Income taxes67/77 | €3,103 | €850 | €1,236 | €3,456 | ▲ 180% |
| Profit (loss) for the period9904 | €3,346 | -€235 | €647 | €5,233 | ▲ 708% |
| Profit (loss) for the period to be appropriated9905 | €3,346 | -€235 | €647 | €5,233 | ▲ 708% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €13,763 | €10,910 | €11,117 | €11,996 | ▲ 7.9% |
| Fixed assets21/28 | €1,544 | €2,571 | €1,869 | €2,159 | ▲ 15.6% |
| Tangible fixed assets22/27 | €1,544 | €2,571 | €1,869 | €2,159 | ▲ 15.6% |
| Furniture and vehicles24 | €1,544 | €2,571 | €1,869 | €2,159 | ▲ 15.6% |
| Current assets29/58 | €12,219 | €8,338 | €9,248 | €9,837 | ▲ 6.4% |
| Amounts receivable within one year40/41 | €4,230 | €4,178 | €5,860 | €4,908 | ▼ 16.3% |
| Trade receivables40 | - | €3,701 | €5,860 | €3,942 | ▼ 32.7% |
| Other amounts receivable41 | €4,230 | €477 | - | €965 | - |
| Cash at bank and in hand54/58 | €7,713 | €3,577 | €2,790 | €4,753 | ▲ 70.4% |
| Deferred charges and accrued income490/1 | €276 | €584 | €598 | €176 | ▼ 70.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €13,763 | €10,910 | €11,117 | €11,996 | ▲ 7.9% |
| Equity10/15 | €5,346 | €5,111 | €2,000 | €7,233 | ▲ 262% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €3,346 | €3,111 | - | €5,233 | - |
| Amounts payable17/49 | €8,417 | €5,799 | €9,117 | €4,763 | ▼ 47.8% |
| Amounts payable within one year42/48 | €8,417 | €5,799 | €9,117 | €4,763 | ▼ 47.8% |
| Trade debts44 | €1,583 | €3,349 | €811 | - | - |
| Suppliers440/4 | €1,583 | €3,349 | €811 | - | - |
| Taxes, remuneration and social security45 | €6,834 | €1,669 | €3,423 | €4,763 | ▲ 39.1% |
| Taxes450/3 | €6,489 | €850 | €2,605 | €3,945 | ▲ 51.4% |
| Remuneration and social security454/9 | €345 | €819 | €819 | €819 | = |
| Other amounts payable47/48 | - | €782 | €4,883 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,346 | -€235 | €647 | €5,233 | ▲ 708% |
| + Depreciation and write-downs630 | €242 | €699 | €702 | €747 | ▲ 6.4% |
| Operating cash flow (approximation) | €3,588 | €464 | €1,350 | €5,980 | ▲ 343% |
| Investment in fixed assets (approximation) | - | -€1,726 | €0 | -€1,038 | - |
| Change in cash | - | -€4,136 | -€787 | €1,963 | ▲ 349% |
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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2022net €5,233 ▲708%
Operating result €8,803, net result €5,233, both a record.
30-09
Financial
Liquidity doublescurrent ratio 2.07
Current ratio from 1.01 to 2.07; short-term debt falls from €9,117 to €4,763.
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-09
Financial
Back to profitnet €647
Net result €647 after one loss-making year.
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet -€235
Net result drops to -€235, the lowest in the series; recovery starts the following year.
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Oudergem · 1 establishment unit since 2021
Ground area
176 m²
Building footprint
73 m²
Volume, LiDAR
655 m³
Parcel 21002A0095/00D011, Brussels · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
INS & LEX
since 20212.322.458.429
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0095/00D011 | Brussels | 176 m² | 1 · 73 m² | 12.7 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.
Similar companies · same sector, comparable size
MC Pro Event
BE 0764.583.395
Brecht · Eq €7,233
L'ESPERANCE
BE 0459.015.084
Donceel · Eq €7,234
MPG Consulting
BE 0764.615.168
Overijse · Eq €7,235
WRITE ON TARGET
BE 0465.645.431
Mouscron · Eq €7,235
MANAGEMENT BY SUCCES
BE 0628.749.644
Oosterzele · Eq €7,230
Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 19,385 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
Founded29-09-2021
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0774787993
Registered
11-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.