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Inset

Active
Private limited companyfounded 200520 yrs activeChemin des Sauverdias 6, 5000 Namur, BelgiumKBO/BCE: BE 0877.259.783
Summary

Inset has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,859 and a net result of €25,387. Equity is shrinking by ~23% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 23% of 7081 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency42▼-48
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 2.68 in 2024; short-term debt: 82% and cash: 26.1% of total assets), and 82.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · 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
17.1%
Return on assets
36.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7081 sector peers (2025).
NBB · sector comparison
Position among 7081 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
32 d early
2022
2 d late
2021
46 d early
2020
27 d late
2019
53 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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

On 9 November 2005, Inset was incorporated.1 Total assets went from EUR 74,505 in 2018 to EUR 69,255 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€25,387▲ 8.6%
2024 · €23,377
Working capital
€5,440▼ 74.2%
2024 · €21,083
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations 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
Line20212022202320242025
Operating result-€10,463▲ 6.2%-€1,649▲ 84.2%€8,864€32,879▲ 271%€38,018▲ 15.6%
Net result-€11,350below the sector's middle half▲ 7.2%-€32,285below the sector's middle half▼ 184%€7,879within the sector's middle half€23,377within the sector's middle half▲ 197%€25,387within the sector's middle half▲ 8.6%
Equity€24,601within the sector's middle half▼ 31.6%-€7,684below the sector's middle half€195below the sector's middle half€23,572within the sector's middle half▲ 11,978%€11,859below the sector's middle half▼ 49.7%
Total assets€39,560below the sector's middle half▲ 7.7%€10,378below the sector's middle half▼ 73.8%€16,833below the sector's middle half▲ 62.2%€36,151below the sector's middle half▲ 115%€69,255within the sector's middle half▲ 91.6%
Debt€14,959▲ 1,799%€18,062▲ 20.7%€16,638▼ 7.9%€12,578▼ 24.4%€57,396▲ 356%
Working capital-€7,850-€10,810▼ 37.7%€4,003€21,083▲ 427%€5,440▼ 74.2%
Solvency62.2%within the sector's middle half▼ 35.7pp-74.0%below the sector's middle half▼ 136.2pp1.2%below the sector's middle half▲ 75.2pp65.2%within the sector's middle half▲ 64.0pp17.1%below the sector's middle half▼ 48.1pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2021: -€10,463-€10,463Net result 2021: -€11,350-€11,350Operating result 2022: -€1,649-€1,649Net result 2022: -€32,285-€32,285Operating result 2023: €8,864€8,864Net result 2023: €7,879€7,879Operating result 2024: €32,879€32,879Net result 2024: €23,377€23,377Operating result 2025: €38,018€38,018Net result 2025: €25,387€25,38720212022202320242025€0€10,000€20,000€30,000€40,000Operating result 2023: €8,864€8,860Net result 2023: €7,879€7,880Operating result 2024: €32,879€32,900Net result 2024: €23,377€23,400Operating result 2025: €38,018€38,000Net result 2025: €25,387€25,400202320242025
The operating result has risen four years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69,255
Fixed assets €7,019 ▲ 182%
Current assets €62,236 ▲ 84.9%
Equity and liabilities €69,255
Equity €11,859 ▼ 49.7%
Debt €57,396 ▲ 356%
Debt's share of the balance-sheet total rises from 34.8% to 82.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41,072▲
2024 · €34,647
Cash flow
€28,441▲
2024 · €25,146
Current ratio
1.10▼
2024 · 2.68
Debt to equity
4.84▲
2024 · 0.53
ROE
214.1%▲
2024 · 99.2%
ROA
36.7%▼
2024 · 64.7%
Interest coverage
161.55▲
2024 · 97.10
Debt ≤ 1 year
€56,796▲
2024 · €12,578
Income taxes
€13,677▲
2024 · €9,506
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,811 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
3.8% stopped otherwise
95% 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 0.5% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 3,811 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€36,151€69,255▲
Fixed assets21/28€2,490€7,019▲
Tangible fixed assets22/27€2,490€7,019▲
Furniture and vehicles24€2,490€7,019▲
Current assets29/58€33,661€62,236▲
Amounts receivable within one year40/41€26,800€43,187▲
Trade receivables40-€11,244
Other amounts receivable41€26,800€31,943▲
Cash at bank and in hand54/58€6,819€18,049▲
Deferred charges and accrued income490/1€42€1,000▲
Equity and liabilities
Total equity and liabilities10/49€36,151€69,255▲
Equity10/15€23,572€11,859▼
Contributions10/11€37,100-
Reserves13€3,710€11,859▲
Distributable reserves133€3,710€11,859▲
Profit (loss) carried forward14-€17,238-
Amounts payable17/49€12,578€57,396▲
Amounts payable within one year42/48€12,578€56,796▲
Trade debts44-€1,317
Suppliers440/4-€1,317
Taxes, remuneration and social security45€12,578€18,379▲
Taxes450/3€12,578€18,379▲
Other amounts payable47/48-€37,100
Accrued charges and deferred income492/3-€600
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,769€3,054▲
Other operating charges640/8€592€666▲
Gross operating margin9900€35,239€41,738▲
Operating profit (loss)9901€32,879€38,018▲
Financial income75/76B€361€1,301▲
Recurring financial income75€361€1,301▲
Financial charges65/66B€357€254▼
Recurring financial charges65€357€254▼
Profit (loss) for the period before taxes9903€32,883€39,065▲
Income taxes67/77€9,506€13,677▲
Profit (loss) for the period9904€23,377€25,387▲
Profit (loss) for the period to be appropriated9905€23,377€25,387▲
Appropriation of the result
Profit (loss) to be appropriated9906-€17,238€8,149▲
Profit (loss) brought forward from the previous period14P-€40,615-€17,238▲
Transfer to equity691/2-€8,149
To the legal reserve6920-€8,149

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,284€1,419€1,394€1,769€3,054▲ 72.7%
Other operating charges640/8€2,997€617€556€592€666▲ 12.6%
Gross operating margin9900-€6,182€387€10,814€35,239€41,738▲ 18.4%
Operating profit (loss)9901-€10,463-€1,649€8,864€32,879€38,018▲ 15.6%
Financial income75/76B-€0-€361€1,301▲ 260%
Recurring financial income75-€0-€361€1,301▲ 260%
Financial charges65/66B€547€30,212€490€357€254▼ 28.8%
Recurring financial charges65€547€30,212€490€357€254▼ 28.8%
Profit (loss) for the period before taxes9903-€11,010-€31,861€8,374€32,883€39,065▲ 18.8%
Income taxes67/77€340€424€495€9,506€13,677▲ 43.9%
Profit (loss) for the period9904-€11,350-€32,285€7,879€23,377€25,387▲ 8.6%
Profit (loss) for the period to be appropriated9905-€11,350-€32,285€7,879€23,377€25,387▲ 8.6%
Line20212022202320242025Change
Assets
Total assets20/58€39,560€10,378€16,833€36,151€69,255▲ 91.6%
Fixed assets21/28€32,451€3,126€2,592€2,490€7,019▲ 182%
Tangible fixed assets22/27€2,751€3,126€2,592€2,490€7,019▲ 182%
Land and buildings22€2,316€1,544€772---
Furniture and vehicles24€435€1,582€1,820€2,490€7,019▲ 182%
Financial fixed assets28€29,700-----
Current assets29/58€7,109€7,252€14,241€33,661€62,236▲ 84.9%
Amounts receivable within one year40/41€555€839€10,881€26,800€43,187▲ 61.1%
Trade receivables40-€839€7,840-€11,244-
Other amounts receivable41€555-€3,041€26,800€31,943▲ 19.2%
Cash at bank and in hand54/58€4,300€5,030€3,001€6,819€18,049▲ 165%
Deferred charges and accrued income490/1€2,255€1,384€359€42€1,000▲ 2,282%
Equity and liabilities
Total equity and liabilities10/49€39,560€10,378€16,833€36,151€69,255▲ 91.6%
Equity10/15€24,601-€7,684€195€23,572€11,859▼ 49.7%
Contributions10/11€37,100€37,100€37,100€37,100--
Reserves13€3,710€3,710€3,710€3,710€11,859▲ 220%
Non-distributable reserves130/1€3,710€3,710----
Reserves not available under the articles1311€3,710€3,710----
Distributable reserves133--€3,710€3,710€11,859▲ 220%
Profit (loss) carried forward14-€16,209-€48,494-€40,615-€17,238--
Amounts payable17/49€14,959€18,062€16,638€12,578€57,396▲ 356%
Amounts payable within one year42/48€14,959€18,062€10,238€12,578€56,796▲ 352%
Trade debts44€946€165€8,880-€1,317-
Suppliers440/4€946€165€8,880-€1,317-
Advances received on contracts in progress46€62-----
Taxes, remuneration and social security45€619€3,016€1,358€12,578€18,379▲ 46.1%
Taxes450/3€619€3,016€1,358€12,578€18,379▲ 46.1%
Other amounts payable47/48€13,332€14,882--€37,100-
Accrued charges and deferred income492/3--€6,400-€600-
Line20212022202320242025Change
Profit (loss) for the period9904-€11,350-€32,285€7,879€23,377€25,387▲ 8.6%
+ Depreciation and write-downs630€1,284€1,419€1,394€1,769€3,054▲ 72.7%
Operating cash flow (approximation)-€10,066-€30,865€9,273€25,146€28,441▲ 13.1%
Investment in fixed assets (approximation)-€27,905-€860-€1,666-€7,583▼ 355%
Change in cash-€730-€2,029€3,818€11,230▲ 194%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €25,387 ▲8.6%
Operating result €38,018, net result €25,387, both a record.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €7,879
Net result €7,879 after 3 loss-making years.
31-12
Financial Liquidity triplescurrent ratio 1.39
Current ratio from 0.40 to 1.39; short-term debt falls from €18,062 to €10,238.
02-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial Weakest financial yearnet -€32,285
Net result drops to -€32,285, the lowest in the series; recovery starts the following year.
15-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial Liquidity doublescurrent ratio 3.81
Current ratio from 1.82 to 3.81; short-term debt falls from €15,532 to €788.
22-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 53 days late
Show earlier events
2019
31-12
Financial Back to profitnet €2,141
Net result €2,141 after one loss-making year.
31-12
Financial Liquidity times 6current ratio 1.82
Current ratio from 0.30 to 1.82; short-term debt falls from €28,465 to €15,532.
24-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
02-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Namur · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
5,187 m²
Building footprint
298 m²
Volume, LiDAR
2,149 m³
2 parcels, Wallonia · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
INSET
Rue des Corbeaux 18, 1390 Grez-DoiceauNACE 7413101
since 20052.150.064.386
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92302F0003/00T004 Wallonia 2,710 m² 1 · 140 m² 8.8 m · 2 fl.
25012C0217/00Y000 Wallonia 2,477 m² 1 · 158 m² 9.5 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of Inset and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,899. 3,962 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
Founded09-11-2005
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0877259783
Also 9925:BE0877259783
Registered 30-12-2025

Register as of 27 September 2026 · Peppol Directory

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