INSALE

Active

Private limited companyfounded 20241 yr activeStationsstraat 10, 8580 Avelgem, BelgiumKBO/BCE: BE 1017.379.253

INSALE has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €30k. Its solvency ranks better than 29% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

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Checked score

Score 2025

57 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability98

Solvency51

Growth-

Track record67

Bankruptcy probability, 12 months

1.4% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity tight (current ratio 1.26; short-term debt: 73.7% and cash: 1.6% of total assets), and 73.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

26.3%

Return on assets

23.7%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

23 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€33k

Total assets

€127k

Net result

€30k

Working capital

€24k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €127k

92.6%

Fixed assets €9k

Current assets €118k

Equity and liabilities €127k

26.3%

73.7%

Equity €33k

Debt €94k

Debt finances 73.7% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€49k

Cash flow

€35k

Solvency

26.3%

Current ratio

1.26

Quick ratio

1.26

Debt / equity

2.81

ROE

90.0%

ROA

23.7%

Interest coverage

24.00

Debt

€94k

Debt ≤ 1 year

€94k

Income taxes

€12k

Staff costs

€154k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€127k

Fixed assets21/28€9k

Tangible fixed assets22/27€6k

Plant, machinery and equipment23€517

Furniture and vehicles24€5k

Financial fixed assets28€4k

Current assets29/58€118k

Amounts receivable within one year40/41€68k

Trade receivables40€43k

Other amounts receivable41€25k

Cash at bank and in hand54/58€2k

Deferred charges and accrued income490/1€48k

Equity and liabilities

Total equity and liabilities10/49€127k

Equity10/15€33k

Contributions10/11€5k

Reserves13€28k

Distributable reserves133€28k

Profit (loss) carried forward14€0

Amounts payable17/49€94k

Amounts payable within one year42/48€94k

Trade debts44€24k

Suppliers440/4€24k

Taxes, remuneration and social security45€69k

Taxes450/3€54k

Remuneration and social security454/9€14k

Other amounts payable47/48€1k

Income statement Code2025

Remuneration, social security and pensions62€154k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k

Other operating charges640/8€4k

Gross operating margin9900€208k

Operating profit (loss)9901€44k

Financial income75/76B€718

Recurring financial income75€718

Financial charges65/66B€2k

Recurring financial charges65€2k

Profit (loss) for the period before taxes9903€42k

Income taxes67/77€12k

Profit (loss) for the period9904€30k

Profit (loss) for the period to be appropriated9905€30k

Appropriation of the result

Profit (loss) to be appropriated9906€30k

Transfer to equity691/2€28k

To other reserves6921€28k

Profit to be distributed694/7€2k

Return on contributions (dividend)694€2k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

08-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Avelgem · 3 establishment units since 2024

establishment All 3 establishment units on the map

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.

Stationsstraat 108580 Avelgem

Ground area

1.1 ha

Building footprint

1,286 m²

Volume, LiDAR

8,343 m³

3 parcels, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.

3 establishment units

INSALE

Stationsstraat 10, 8580 AvelgemGeneral electrical installation work

since 20242.367.915.696

INSALE

Meensesteenweg(Bis) 401, 8501 KortrijkOther non-specialised retail sale

since 20252.373.764.204

INSALE

Xavier De Cocklaan 72, 9831 Sint-Martens-LatemAdvertising agencies

since 20262.393.235.963

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44015A0328/00B000	Flanders	9,606 m²	1 · 644 m²	8.5 m · 2 fl.
34007B0076/00F007	Flanders	761 m²	1 · 334 m²	13.3 m · 1 fl.
34003A3153/00C002	Flanders	311 m²	1 · 308 m²	12.7 m · 1 fl.