Inser'action
ActiveSummary
Inser'action has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106,738 and a net result of €85. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 516 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79▼-4
Solvency64▼-7
Growth48▼-28
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.82 against 1.81 in 2023; short-term debt: 34.7% and cash: 22.2% of total assets), but 61.2% of the assets are financed with debt.
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Signals
Six 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 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
38.8%
Return on assets
0%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
44 d early
2022
33 d early
2021
37 d early
2020
23 d early
2019
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€15,133▼ 16.9%
2023 · €18,204
EBIT margin
5.1%▼ 51.6pp
2023 · 56.7%
Net result
€85▼ 99.1%
2023 · €9,934
Working capital
€174,098▲ 75.5%
2023 · €99,224
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, 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
Line20202021202220232024
Turnover€14,525€16,009▲ 10.2%€18,204▲ 13.7%€15,133▼ 16.9%
Operating result€23,657▲ 195%-€14,470€18,957€10,314▼ 45.6%€768▼ 92.6%
Net result€23,166within the sector's middle half▲ 203%-€14,894below the sector's middle half€18,432within the sector's middle half€9,934within the sector's middle half▼ 46.1%€85within the sector's middle half▼ 99.1%
EBIT margin-99.6%118.4%▲ 218.0pp56.7%▼ 61.8pp5.1%▼ 51.6pp
Equity€105,662within the sector's middle half▲ 52.8%€87,068within the sector's middle half▼ 17.6%€101,803within the sector's middle half▲ 16.9%€108,353within the sector's middle half▲ 6.4%€106,738within the sector's middle half▼ 1.5%
Total assets€252,224below the sector's middle half▲ 19.4%€244,804below the sector's middle half▼ 2.9%€274,328below the sector's middle half▲ 12.1%€235,906below the sector's middle half▼ 14.0%€275,165below the sector's middle half▲ 16.6%
Debt€146,563▲ 3.1%€157,737▲ 7.6%€172,525▲ 9.4%€127,553▼ 26.1%€168,427▲ 32.0%
Working capital€110,322within the sector's middle half▼ 6.9%€96,259within the sector's middle half▼ 12.7%€139,616within the sector's middle half▲ 45.0%€99,224within the sector's middle half▼ 28.9%€174,098within the sector's middle half▲ 75.5%
Solvency41.9%within the sector's middle half▲ 9.2pp35.6%within the sector's middle half▼ 6.3pp37.1%within the sector's middle half▲ 1.5pp45.9%within the sector's middle half▲ 8.8pp38.8%within the sector's middle half▼ 7.1pp
Current ratio2.10within the sector's middle half▼ 0.291.84within the sector's middle half▼ 0.262.26within the sector's middle half▲ 0.411.81within the sector's middle half▼ 0.452.82within the sector's middle half▲ 1.02
Return on assets (ROA)9.2%above the sector's middle half▲ 5.6pp-6.1%below the sector's middle half▼ 15.3pp6.7%above the sector's middle half▲ 12.8pp4.2%within the sector's middle half▼ 2.5pp0.0%within the sector's middle half▼ 4.2pp
Staff (FTE)10.6within the sector's middle half▼ 8.6%10.8within the sector's middle half▲ 1.9%11.4within the sector's middle half▲ 5.6%10.3within the sector's middle half▼ 9.6%11.1within the sector's middle half▲ 7.8%
above
within
below
the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 93% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €275,165
Fixed assets
€5,513 ▼ 59.7%
Current assets
€269,652 ▲ 21.3%
Equity and liabilities €275,165
Equity
€106,738 ▼ 1.5%
Debt
€168,427 ▲ 32.0%
Debt's share of the balance-sheet total rises from 54.1% to 61.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8,932▼
2023 · €20,276
Cash flow
€8,249▼
2023 · €19,896
Debt to equity
1.58▲
2023 · 1.18
ROE
0.1%▼
2023 · 9.2%
Interest coverage
11.74▼
2023 · 53.37
Debt ≤ 1 year
€95,554▼
2023 · €123,004
Staff costs
€658,875▼
2023 · €662,796
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,662 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% | 1.7% |
| 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 75% 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 14,733 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €14,525 | €16,009 | €18,204 | €15,133 | ▼ 16.9% |
| Goods, raw materials, services and sundry goods60/61 | - | €101,139 | €118,213 | €131,852 | €119,453 | ▼ 9.4% |
| Remuneration, social security and pensions62 | - | €621,356 | €611,904 | €662,796 | €658,875 | ▼ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,968 | €11,527 | €10,656 | €9,962 | €8,164 | ▼ 18.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €100 | - |
| Other operating charges640/8 | - | €608 | €13,927 | €30,960 | €30 | ▼ 99.9% |
| Non-recurring operating charges66A | - | €888 | €6,042 | - | €9 | - |
| Gross operating margin9900 | €632,640 | €619,909 | €661,486 | €714,031 | €667,946 | ▼ 6.5% |
| Operating profit (loss)9901 | €23,657 | -€14,470 | €18,957 | €10,314 | €768 | ▼ 92.6% |
| Financial income75/76B | - | €64 | - | - | €78 | - |
| Recurring financial income75 | €39 | €64 | - | - | €78 | - |
| Financial charges65/66B | - | €488 | €525 | €380 | €761 | ▲ 100% |
| Recurring financial charges65 | €530 | €488 | €525 | €380 | €761 | ▲ 100% |
| Profit (loss) for the period before taxes9903 | €23,166 | -€14,894 | €18,432 | €9,934 | €85 | ▼ 99.1% |
| Profit (loss) for the period9904 | €23,166 | -€14,894 | €18,432 | €9,934 | €85 | ▼ 99.1% |
| Profit (loss) for the period to be appropriated9905 | €23,166 | -€14,894 | €18,432 | €9,934 | €85 | ▼ 99.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €252,224 | €244,804 | €274,328 | €235,906 | €275,165 | ▲ 16.6% |
| Fixed assets21/28 | €41,982 | €34,295 | €23,639 | €13,677 | €5,513 | ▼ 59.7% |
| Intangible fixed assets21 | €508 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €41,053 | €33,874 | €23,218 | €13,257 | €5,093 | ▼ 61.6% |
| Plant, machinery and equipment23 | - | €7,970 | €4,765 | €2,226 | €1,458 | ▼ 34.5% |
| Furniture and vehicles24 | - | €25,904 | €18,453 | €11,031 | €3,635 | ▼ 67.0% |
| Financial fixed assets28 | €420 | €420 | €420 | €420 | €420 | = |
| Current assets29/58 | €210,242 | €210,510 | €250,690 | €222,229 | €269,652 | ▲ 21.3% |
| Amounts receivable within one year40/41 | €59,179 | €56,497 | €113,118 | €33,387 | €42,710 | ▲ 27.9% |
| Trade receivables40 | - | €283 | €4,288 | €454 | - | - |
| Other amounts receivable41 | - | €56,214 | €108,829 | €32,934 | €42,710 | ▲ 29.7% |
| Current investments50/53 | €68,261 | €68,325 | €68,325 | €128,565 | €161,891 | ▲ 25.9% |
| Cash at bank and in hand54/58 | €82,802 | €75,364 | €63,698 | €54,260 | €61,183 | ▲ 12.8% |
| Deferred charges and accrued income490/1 | - | €10,325 | €5,549 | €6,017 | €3,868 | ▼ 35.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €252,224 | €244,804 | €274,328 | €235,906 | €275,165 | ▲ 16.6% |
| Equity10/15 | €105,662 | €87,068 | €101,803 | €108,353 | €106,738 | ▼ 1.5% |
| Reserves13 | - | €70,000 | €70,000 | €70,000 | €70,000 | = |
| Profit (loss) carried forward14 | €22,295 | €7,401 | €25,834 | €35,768 | €35,853 | ▲ 0.2% |
| Investment grants15 | - | €9,666 | €5,970 | €2,585 | €885 | ▼ 65.8% |
| Amounts payable17/49 | €146,563 | €157,737 | €172,525 | €127,553 | €168,427 | ▲ 32.0% |
| Amounts payable within one year42/48 | €99,920 | €114,251 | €111,074 | €123,004 | €95,554 | ▼ 22.3% |
| Financial debts43 | - | €31 | €114 | €119 | €119 | = |
| Credit institutions430/8 | - | €31 | €114 | €119 | €119 | = |
| Trade debts44 | €34,900 | €4,301 | €12,851 | €5,844 | €16,695 | ▲ 186% |
| Suppliers440/4 | - | €4,301 | €12,851 | €5,844 | €16,695 | ▲ 186% |
| Taxes, remuneration and social security45 | - | €78,156 | €62,324 | €93,015 | €66,349 | ▼ 28.7% |
| Taxes450/3 | - | €15,360 | €15,493 | €16,041 | - | - |
| Remuneration and social security454/9 | - | €62,795 | €46,831 | €76,974 | €66,349 | ▼ 13.8% |
| Accrued charges and deferred income492/3 | - | €43,486 | €61,451 | €4,549 | €72,873 | ▲ 1,502% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,166 | -€14,894 | €18,432 | €9,934 | €85 | ▼ 99.1% |
| + Depreciation and write-downs630 | €7,968 | €11,527 | €10,656 | €9,962 | €8,164 | ▼ 18.0% |
| Operating cash flow (approximation) | €31,134 | -€3,367 | €29,088 | €19,896 | €8,249 | ▼ 58.5% |
| Investment in fixed assets (approximation) | - | -€3,840 | €0 | €0 | €0 | - |
| Change in cash | - | -€7,439 | -€11,666 | -€9,438 | €6,923 | ▲ 173% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €18,432
Net result €18,432 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €101,803 ▲16.9%
Equity rises from €87,068 to €101,803.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet -€14,894
Net result drops to -€14,894, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €23,166 ▲203%
Operating result €23,657, net result €23,166, both a record.
31-12
Financial
Equity above €100,000Eq €105,662 ▲52.8%
3 profitable years in a row build equity to €105,662.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Sint-Joost-ten-Node · 1 establishment unit since 1991
Ground area
177 m²
Building footprint
110 m²
Volume, LiDAR
1,632 m³
Parcel 21014A0191/00K004, Brussels · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Inser'action
since 19912.161.843.057
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0191/00K004 | Brussels | 177 m² | 1 · 110 m² | 18.7 m · 5 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.
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 28 entries · 1,486,295 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 16 | 443,342 EUR |
| 2024 | 5 | 388,975 EUR |
| 2023 | 3 | 355,543 EUR |
| 2022 | 2 | 284,739 EUR |
| 2021 | 2 | 13,695 EUR |
Budget allocations
Show 1 more
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Of 2,201 companies in sector 88999 we hold annual accounts for 806. 579 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded17-01-1991
Fiscal year end31-12
Activities, NACEBEL 2025
88999Other social work without accommodation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443874869
Registered
19-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.