Insect &Co
BankruptcySummary
The KBO register records for Insect &Co the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (-€34,164) and a net result of -€2,868.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Process a list
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€34,164▼ 9.2%
2022 · -€31,296
Total assets
€4,455▼ 1.9%
2022 · €4,541
Net result
-€2,868
2022 · €1,819
Working capital
-€35,707▼ 8.5%
2022 · -€32,895
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€31,136▼ 8.5%-€4,825▲ 84.5%€2,830€2,779▼ 1.8%-€2,838
Net result-€33,244▼ 7.2%-€7,988▲ 76.0%€2,129€1,819▼ 14.6%-€2,868
Equity-€27,256-€35,244▼ 29.3%-€33,115▲ 6.0%-€31,296▲ 5.5%-€34,164▼ 9.2%
Total assets€41,203▼ 15.7%€28,807▼ 30.1%€46,449▲ 61.2%€4,541▼ 90.2%€4,455▼ 1.9%
Debt€68,459▲ 59.5%€64,051▼ 6.4%€79,564▲ 24.2%€35,837▼ 55.0%€38,619▲ 7.8%
Working capital-€56,801▼ 137%-€58,200▼ 2.5%-€35,094▲ 39.7%-€32,895▲ 6.3%-€35,707▼ 8.5%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €2,838 after €2,779 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4,455
Fixed assets
€1,543 ▼ 3.5%
Current assets
€2,912 ▼ 1.0%
Key figures and ratios
EBITDA
-€2,782▼
2022 · €3,159
Cash flow
-€2,812▼
2022 · €2,199
Interest coverage
-92.73▼
2022 · 3.29
Debt ≤ 1 year
€38,619▲
2022 · €35,837
Ratios withheld: a balance sheet total of €4,455 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1,366 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,503 | €6,588 | €380 | €380 | €56 | ▼ 85.2% |
| Other operating charges640/8 | €866 | €553 | - | - | €706 | - |
| Gross operating margin9900 | -€22,401 | €2,316 | €3,211 | €3,159 | -€2,076 | ▼ 166% |
| Operating profit (loss)9901 | -€31,136 | -€4,825 | €2,830 | €2,779 | -€2,838 | ▼ 202% |
| Financial income75/76B | €0 | €8 | - | - | - | - |
| Recurring financial income75 | €0 | €8 | - | - | - | - |
| Financial charges65/66B | €2,108 | €3,170 | €701 | €960 | €30 | ▼ 96.9% |
| Recurring financial charges65 | €2,108 | €3,170 | €701 | €960 | €30 | ▼ 96.9% |
| Profit (loss) for the period before taxes9903 | -€33,244 | -€7,988 | €2,129 | €1,819 | -€2,868 | ▼ 258% |
| Profit (loss) for the period9904 | -€33,244 | -€7,988 | €2,129 | €1,819 | -€2,868 | ▼ 258% |
| Profit (loss) for the period to be appropriated9905 | -€33,244 | -€7,988 | €2,129 | €1,819 | -€2,868 | ▼ 258% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41,203 | €28,807 | €46,449 | €4,541 | €4,455 | ▼ 1.9% |
| Formation expenses20 | €972 | €648 | €324 | - | - | - |
| Fixed assets21/28 | €28,572 | €22,308 | €1,655 | €1,599 | €1,543 | ▼ 3.5% |
| Tangible fixed assets22/27 | €28,572 | €22,308 | €1,655 | €1,599 | €1,543 | ▼ 3.5% |
| Land and buildings22 | €1,768 | €1,711 | €1,655 | €1,599 | €1,543 | ▼ 3.5% |
| Plant, machinery and equipment23 | €11,981 | €8,135 | - | - | - | - |
| Furniture and vehicles24 | €5,170 | €4,015 | - | - | - | - |
| Other tangible fixed assets26 | €9,654 | €8,447 | - | - | - | - |
| Current assets29/58 | €11,658 | €5,851 | €44,469 | €2,942 | €2,912 | ▼ 1.0% |
| Stocks and contracts in progress3 | €3,526 | €759 | - | - | - | - |
| Stocks30/36 | €3,526 | €759 | - | - | - | - |
| Amounts receivable within one year40/41 | €6,866 | €2,897 | €27,044 | - | - | - |
| Trade receivables40 | €5,293 | €2,492 | €27,003 | - | - | - |
| Other amounts receivable41 | €1,574 | €405 | €42 | - | - | - |
| Cash at bank and in hand54/58 | €1,266 | €2,195 | €17,425 | €2,942 | €2,912 | ▼ 1.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41,203 | €28,807 | €46,449 | €4,541 | €4,455 | ▼ 1.9% |
| Equity10/15 | -€27,256 | -€35,244 | -€33,115 | -€31,296 | -€34,164 | ▼ 9.2% |
| Contributions10/11 | €37,000 | €37,000 | €37,000 | €37,000 | €37,000 | = |
| Profit (loss) carried forward14 | -€64,256 | -€72,244 | -€70,115 | -€68,296 | -€71,164 | ▼ 4.2% |
| Amounts payable17/49 | €68,459 | €64,051 | €79,564 | €35,837 | €38,619 | ▲ 7.8% |
| Amounts payable within one year42/48 | €68,459 | €64,051 | €79,564 | €35,837 | €38,619 | ▲ 7.8% |
| Current portion of amounts payable after more than one year42 | €52,605 | €49,032 | €36,887 | - | - | - |
| Trade debts44 | €9,156 | €8,272 | €8,827 | €7,022 | €9,804 | ▲ 39.6% |
| Suppliers440/4 | €9,156 | €8,272 | €8,827 | €7,022 | €9,804 | ▲ 39.6% |
| Advances received on contracts in progress46 | €4,324 | €3,038 | €17 | - | - | - |
| Taxes, remuneration and social security45 | €372 | €372 | €5,214 | €362 | - | - |
| Taxes450/3 | €372 | €372 | €5,214 | €362 | - | - |
| Other amounts payable47/48 | €2,001 | €3,337 | €28,619 | €28,454 | €28,815 | ▲ 1.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€33,244 | -€7,988 | €2,129 | €1,819 | -€2,868 | ▼ 258% |
| + Depreciation and write-downs630 | €6,503 | €6,588 | €380 | €380 | €56 | ▼ 85.2% |
| Operating cash flow (approximation) | -€26,741 | -€1,399 | €2,510 | €2,199 | -€2,812 | ▼ 228% |
| Investment in fixed assets (approximation) | - | -€324 | €20,272 | -€324 | €0 | ▲ 100% |
| Change in cash | - | €928 | €15,231 | -€14,483 | -€30 | ▲ 99.8% |
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
2025
17-01
KBO administration
Strikeout withdrawn
2024
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 149 days late
24-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 512 days late
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 873 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 947 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1312 days late
2021
31-12
Financial
Back to profitnet €2,129
Net result €2,129 after 3 loss-making years.
2019
31-12
Financial
Weakest financial yearnet -€33,244
Net result drops to -€33,244, the lowest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Sint-Agatha-Berchem · 1 establishment unit since 2017
Ground area
3,261 m²
Building footprint
613 m²
Volume, LiDAR
5,385 m³
2 parcels, Brussels, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20172.267.325.312
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0043/00X003 | Brussels | 2,978 m² | 1 · 444 m² | 10.9 m · 3 fl. |
| 52363E0643/00A000 | Wallonia | 283 m² | 1 · 169 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-08-2017
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.