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INSELco

Active
Private limited companyfounded 20224 yrs activeWatervoorstraat(KE) 66, 9451 Haaltert, BelgiumKBO/BCE: BE 0785.963.878
Summary

The computed 12-month bankruptcy probability of INSELco is 8.8% (elevated). The 2022 annual accounts show negative equity (-€638) and a net result of -€3,638. Its solvency ranks better than 9% of 7963 sector peers (fiscal year 2022). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Axes, FY 2022
Profitability0
Solvency9
Growth-
Track record79
Bankruptcy probability, 12 months
8.8% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022
Age of the figures
Age of the figures
45 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 10-08-2023, 10 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 · 1 filing
Deviation from the deadline
2022
10 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 10 days after the deadline; the sector median for financial year 2022 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

INSELco was incorporated on 12 May 2022 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022

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Financials · fiscal year 2022, micro schema

Equity
-€638
Total assets
€4,020
Net result
-€3,638
Working capital
-€2,710

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

Balance-sheet composition
Assets €4,020
Fixed assets €2,072
Current assets €1,948
Key figures and ratios
2022 value
EBITDA
-€3,537
Cash flow
-€3,549
Interest coverage
-305.73
Debt
€4,658
Debt ≤ 1 year
€4,658
Ratios withheld: a balance sheet total of €4,020 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 · 27 lines
Balance sheet Code2022
Assets
Total assets20/58€4,020
Fixed assets21/28€2,072
Tangible fixed assets22/27€2,072
Plant, machinery and equipment23€2,072
Current assets29/58€1,948
Stocks and contracts in progress3€1,014
Stocks30/36€1,014
Amounts receivable within one year40/41€720
Other amounts receivable41€720
Cash at bank and in hand54/58€213
Equity and liabilities
Total equity and liabilities10/49€4,020
Equity10/15-€638
Contributions10/11€3,000
Profit (loss) carried forward14-€3,638
Amounts payable17/49€4,658
Amounts payable within one year42/48€4,658
Other amounts payable47/48€4,658
Income statement Code2022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89
Other operating charges640/8€50
Gross operating margin9900-€3,487
Operating profit (loss)9901-€3,627
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903-€3,638
Profit (loss) for the period9904-€3,638
Profit (loss) for the period to be appropriated9905-€3,638
Appropriation of the result
Profit (loss) to be appropriated9906-€3,638

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89
Other operating charges640/8€50
Gross operating margin9900-€3,487
Operating profit (loss)9901-€3,627
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903-€3,638
Profit (loss) for the period9904-€3,638
Profit (loss) for the period to be appropriated9905-€3,638
Line2022
Assets
Total assets20/58€4,020
Fixed assets21/28€2,072
Tangible fixed assets22/27€2,072
Plant, machinery and equipment23€2,072
Current assets29/58€1,948
Stocks and contracts in progress3€1,014
Stocks30/36€1,014
Amounts receivable within one year40/41€720
Other amounts receivable41€720
Cash at bank and in hand54/58€213
Equity and liabilities
Total equity and liabilities10/49€4,020
Equity10/15-€638
Contributions10/11€3,000
Profit (loss) carried forward14-€3,638
Amounts payable17/49€4,658
Amounts payable within one year42/48€4,658
Other amounts payable47/48€4,658
Line2022
Profit (loss) for the period9904-€3,638
+ Depreciation and write-downs630€89
Operating cash flow (approximation)-€3,549

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
10-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
NBB filing
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, Haaltert · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
620 m²
Building footprint
99 m²
Volume, LiDAR
764 m³
Parcel 41033A0723/00H000, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
INSELco
Watervoorstraat(KE) 66, 9451 HaaltertGeneral construction of buildings
since 20222.331.446.468
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41033A0723/00H000 Flanders 620 m² 1 · 99 m² 10.1 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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
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.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.