Equity
€596,148 from €1.1m in 2023
Equity fell by 44% in 2 years.
INSIDE
Overview
Lifetime
6 annual accounts with figures on one time axispeak €1.4m (2023)
-€32,729▼ €203,103
lowest -€299,750 (2021)
€14,272▼ 87.6%
peak €1.1m (2023)
€596,148▲ 2.5%
€28,118▲ 13×
Board1 name since 2019
1 director
Documentsfilings and deeds
30-12-202532 days before the deadline
2025abbreviated format
Gross margin from €170,374 to -€32,729Result from €115,309 to €14,272Debts from €2,114 to €28,118Cash from €118,035 to €609,290
Key points
from the 2025 annual accountsResult
€14,272 ▼ 87.6%
The result fell in 2025 from €115,309 to €14,272.
Position in the sector
95.5%
Higher solvency than 95% of companies in other professional activities. Sector median 42.6% · 733 companies.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,638 companies had the same profile as INSIDE has now. Each dot stands for 5 companies, two years later.
95.5%
were still trading
3.7%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,638 companies, not a prediction for INSIDE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director,
- 312 sharesdeed of 17-01-2019
- founderdeed of 17-01-2019
- partnerdeed of 17-01-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0718716550
1 manager resigning, 1 director reappointed
Resignation: (manager) · Reappointment: (director) · Permanent representative: · General meeting of 13-12-2023 · Gazette deed
Incorporation
Founding capital of €600,000, 600 shares · Founders: ; ; · Appointment: (manager) · published on 17-01-2019 · Gazette deed
First establishment
Aarschotsesteenweg 924, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INSIDE Leuven | €0.6m | -€32,729 | 95.5% | - |
| OKOBOTICS Leuze-en-Hainaut | €0.6m | -€17,979 | 81.3% | - |
| BEFEMTECH Etterbeek | €0.3m | -€163,890 | -148.1% | - |
| JUNE ENERGY Antwerp | €1.6m | -€389,116 | -158.9% | - |
| BYJULIET Uccle | €2.0m | -€34,799 | 98.7% | - |
| RIPE ROBOTICS Leuven | €0.3m | €1,699 | 45.2% | 0 |
| CW ARCHITECTS Auderghem | €0.3m | -€46,601 | 91.7% | - |
These companies have the same main activity as INSIDE: other professional, scientific and technical activities (NACE 74112). They are comparable in size and age: total assets between €258,000 and €2m, founded between 2006 and 2024.
Official details
Source: KBO- Status
- Active since 15-01-2019Normal situation
- Activity
- Other professional, scientific and technical activitiesNACE 74112and 2 others
- Establishment unit
- 2.284.904.5813012 Leuven, since 15-01-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 19-01-2026
Annual accounts to 30-06-2025
- -€32,729
- €14,272▼ 87.6%
- €596,148▲ 2.5%
- €624,266▼ 1.5%
- Filing
- Filed on 30-12-2025, 32 days before the end of the filing period
Insights on INSIDE
INSIDE files the abbreviated format. That format states no turnover. The gross margin rose from -€83,089 in 2020 to -€32,729 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 30-12-2025, 32 days before the deadline-€32,729
▼ €203,103
€17,271
▼ 89.9%
€14,272
▼ 87.6%
€596,148
▼ 5.7%
95.5%
▲ 3.7 percentage points
22.20
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €624,266 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
95.5%
Higher than 95% of 733 companies in 2025.
22.20
Higher than 95% of 709 companies in 2025.
2.3%
Higher than 43% of 714 companies in 2025.
INSIDE
Middle half of the sector
80% of the sector
Abbreviated accounts in other professional activities (NACE 74)
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
624,266 | 633,990 | 2.2m | 1.6m | 1.1m | 1.4m | |
20 |
- | - | 189 | 566 | 944 | 1,322 | |
21/28 |
- | - | - | 632,510 | 739,771 | 619,208 | |
21 |
- | - | - | 632,301 | 738,035 | 614,776 | |
22/27 |
- | - | - | 209 | 1,736 | 4,432 | |
24 |
- | - | - | 209 | 1,736 | 4,432 | |
29/58 |
624,266 | 633,990 | 2.2m | 949,868 | 392,295 | 771,431 | |
3 |
- | - | - | - | 59,505 | 196,496 | |
30/36 |
- | - | - | - | 59,505 | 196,496 | |
40/41 |
4,051 | 5,030 | 303,401 | 565,584 | 34,672 | 3,142 | |
40 |
- | - | 303,401 | 532,206 | 29,282 | - | |
41 |
4,051 | 5,030 | - | 33,378 | 5,389 | 3,142 | |
50/53 |
- | 500,000 | - | - | - | - | |
54/58 |
609,290 | 118,035 | 1.9m | 373,358 | 287,193 | 571,793 | |
490/1 |
10,925 | 10,925 | - | 10,925 | 10,925 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
624,266 | 633,990 | 2.2m | 1.6m | 1.1m | 1.4m | |
10/15 |
596,148 | 581,876 | 1.1m | 466,811 | 291,730 | 654,679 | |
10/11 |
26,531 | 26,531 | 600,000 | 600,000 | 600,000 | 600,000 | |
13 |
569,617 | 555,345 | 461,567 | - | - | - | |
130/1 |
- | - | 21,531 | - | - | - | |
1311 |
- | - | 21,531 | - | - | - | |
133 |
569,617 | 555,345 | 440,036 | - | - | - | |
14 |
- | - | - | -292,062 | -466,270 | -166,521 | |
15 |
- | - | - | 158,874 | 158,000 | 221,200 | |
16 |
- | 50,000 | 50,000 | - | - | - | |
160/5 |
- | 50,000 | 50,000 | - | - | - | |
162 |
- | 50,000 | 50,000 | - | - | - | |
17/49 |
28,118 | 2,114 | 1.1m | 1.1m | 841,280 | 737,282 | |
42/48 |
28,118 | 2,114 | 1.1m | 1.1m | 841,280 | 737,282 | |
43 |
- | - | - | 450,000 | 300,000 | - | |
430/8 |
- | - | - | 450,000 | 300,000 | - | |
44 |
28,118 | 2,071 | 476,686 | 289,054 | 163,142 | 216,299 | |
440/4 |
28,118 | 2,071 | 476,686 | 289,054 | 163,142 | 216,299 | |
45 |
- | 44 | 254,089 | - | - | 498,337 | |
450/3 |
- | 44 | 254,089 | - | - | 20,368 | |
454/9 |
- | - | - | - | - | 477,969 | |
47/48 |
- | - | 387,403 | 377,080 | 378,138 | 22,646 | |
492/3 |
- | - | 10,925 | - | - | - | |
| Income statement | |||||||
76A |
- | - | 1.5m | - | - | - | |
9900 |
-32,729 | 170,374 | 1.4m | 344,313 | -156,743 | -83,089 | |
630 |
- | 189 | 51,085 | 237,229 | 199,545 | 177,011 | |
635/8 |
-50,000 | - | - | - | - | - | |
640/8 |
- | - | - | - | - | 135 | |
66A |
- | - | 472,000 | - | - | - | |
9901 |
17,271 | 170,185 | 830,842 | 107,083 | -356,288 | -260,235 | |
75/76B |
4,877 | - | 1,867 | 79,218 | 63,200 | 94,800 | |
75 |
4,877 | - | 1,867 | 79,218 | 63,200 | 94,800 | |
65/66B |
576 | 689 | 13,479 | 12,094 | 6,661 | 1,086 | |
65 |
576 | 689 | 13,479 | 12,094 | 6,661 | 1,086 | |
9903 |
21,571 | 169,496 | 819,229 | 174,208 | -299,750 | -166,521 | |
67/77 |
7,299 | 54,187 | 65,600 | - | - | - | |
9904 |
14,272 | 115,309 | 753,630 | 174,208 | -299,750 | -166,521 | |
9905 |
14,272 | 115,309 | 753,630 | 174,208 | -299,750 | -166,521 | |
| Appropriation of the result | |||||||
9906 |
14,272 | 115,309 | 461,567 | -292,062 | -466,270 | -166,521 | |
14P |
- | - | -292,062 | -466,270 | - | - | |
691/2 |
14,272 | 115,309 | 461,567 | - | - | - | |
6920 |
- | - | 21,531 | - | - | - | |
6921 |
14,272 | 115,309 | 440,036 | - | - | - | |
| Document | |||||||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 30-12-2025 | 2025-00592392 | |
| 30-06-2024 | abbreviated format | 03-01-2025 | 2025-00629756 | |
| 30-06-2023 | abbreviated format | 24-01-2024 | 2024-00005657 | |
| 30-06-2022 | micro format | 23-12-2022 | 2022-20545594 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-02600188 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03000041 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| - | 170,374 | 881,927 | 344,313 | -156,743 | -83,224 | ||
| - | 115,498 | 804,715 | 411,437 | -100,205 | 10,490 | ||
| - | 0 | -581,236 | 129,591 | 319,730 | 795,653 | ||
| 491,255 | -1.8m | 1.6m | 86,165 | -284,600 | - | ||
| 596,148 | 631,876 | 1.1m | -166,265 | -448,985 | 34,149 | ||
| 95.5% | 91.8% | 47.4% | 29.5% | 25.7% | 47.0% | ||
| 22.20 | - | 2.00 | 0.85 | 0.47 | 1.05 | ||
| 22.20 | - | 2.00 | 0.85 | 0.40 | 0.78 | ||
| 0.05 | 0.00 | 1.06 | 2.39 | 2.88 | 1.13 | ||
| 2.4% | 19.8% | 71.0% | 37.3% | -102.7% | -25.4% | ||
| 2.3% | 18.2% | 33.6% | 11.0% | -26.5% | -12.0% | ||
| - | over 100 | 65.43 | 28.47 | - | -76.63 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 | 30-06-2020 |
|---|---|---|---|---|---|
| - | - | - | €750,000 | - |
Source: notes to the 2020 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 | 30-06-2020 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €8,088 |
| Intangible fixed assets | - | - | - | €129,591 | €787,565 |
| - | €189 | €51,085 | €237,229 | €177,011 |
Source: notes to the 2020 to 2025 annual accounts (statement of fixed assets)
Insights on INSIDE
The operating result for 2025 is 90% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 0.3% to 4.5%. Equity and debt are higher.
Large changes and their cause
- 2024 Net result -85% on 2023. The 2023 profit included a one-off income of €1,523,729.
- 2023 Net result +333% on 2022. The 2023 profit included a one-off income of €1,523,729.
Board & ownership
Board
1 director, no change since 2023Director (not named in the articles), permanent representative
appointed by deed of 17-01-2019
term without a fixed end
earlier manager, until 20-12-2023
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 30-12-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 20-12-2023
Permanent representatives 1
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
-
- Manager (not named in the articles), appointed by deed of 17-01-2019, until 20-12-2023
- Director (not named in the articles), since before 20-12-2023
Control
Founders
, ,
and 4 others
This company
INSIDE
Equity €596,148
Profit €14,272 in 2025
Capital
- Contribution
- €26,531.42
- Shares
- 600
- Contribution per share
- €44.22
- Equity per share
- €994 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 20-12-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of December
Shareholders
At incorporation
deed of 17-01-2019 ↗
- 312 shares (52%) · €156,000
- founder
- vennoot · 144 shares (24%) · €72,000
- vennoot
- vennoot
- vennoot
- 144 shares (24%) · €72,000
Capital transactions
Capital over time
- 20-12-2023 Converted to unavailable equity · €621,531.42
- 17-01-2019 Incorporation · €600,000 · 600 shares
Network & group
No group
INSIDE has no parent and no holdings in its annual accounts. is the only director.
At the same address
Aarschotsesteenweg 924, 3012 Leuven · 3 other companies| INDUSTRIAL IMAGING APPLICATIONS
establishment since 19-11-2002 · founded in 2002 |
total assets €758,764 (2025) 0478.544.847 |
| AndreaFivez
establishment since 24-12-2025 |
founded in 2025 1032.204.714 |
| Fivez, Andrea (sole trader)
establishment since 01-10-2023 |
founded in 2023 1000.856.193 |
Earlier ties
via , no longer at · Managing director · deed of 02-08-2018 founded in 1996 |
181 FTE (2025) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
16 events since 2019Board
Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-01-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0718716550
2025
Annual accounts 2025 filed PDFabbreviated format · 32 days before the deadline
Annual accounts 2024 filed PDFabbreviated format · 28 days before the deadline
2024
Liquidity more than 149 times current ratio 299.88 The current ratio rises from 2.00 to 299.88. Short-term debt falls from €1.1m to €2,114.
Annual accounts 2023 filed PDFabbreviated format · 7 days before the deadline
2023
1 manager resigning, 1 director reappointedResignation: (manager) · Reappointment: (director) · Permanent representative: · General meeting of 13-12-20236 points ▸
- General meeting, 13-12-2023
- 600 shares
- Director resignation, (manager)
- Director reappointment, (director (not named in the articles))
- Permanent representative,
- Registered office clause, Aarschotsesteenweg 924, 3012 Leuven (Wilsele)
- The deed holds 9 more points.
Highest result from 2020 to 2025 net €753,630 ▲333% The operating result of €830,842 and the net result of €753,630 are both a record.
Liquidity more than doubled current ratio 2.00 The current ratio rises from 0.85 to 2.00.
Equity above €1m equity €1.1m ▲127% After 2 profitable years in a row, equity reaches €1.1m.
2022
Annual accounts 2022 filed PDFmicro format · 39 days before the deadline
Back to profit net €174,208 The net result is €174,208, after 2 loss-making years.
Annual accounts 2021 filed PDFmicro format · 3 days before the deadline
2021
Weakest financial year net -€299,750 The net result drops to -€299,750, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 2 days before the deadline
2019
IncorporationFounding capital of €600,000, 600 shares · Founders: ; ; · Appointment: (manager) · published on 17-01-201910 points ▸
- Founder,
- Founder,
- Partner,
- Partner,
- Partner,
- Partner,
- Founder,
- Founding capital, €600,000, 600 shares
- Director appointment, (manager (not named in the articles))
- Permanent representative,
First establishment Aarschotsesteenweg 924, Leuven
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0718.716.550
- VAT number
- BE 0718.716.550
- Peppol ID
- 0208:0718716550
- Other Peppol ID
- 9925:BE0718716550
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 15-01-2019
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of Decemberdeed of 20-12-2023 (in Dutch)
- Peppol
- Reachable since 19-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- INSIDE in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-12-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 20-12-2023 (in Dutch)
Activities
NACEBEL 202574112
Other professional, scientific and technical activities main activity
Codes under NACEBEL 2008
74102
Other professional, scientific and technical activities main activity
46180
Wholesale trade
62090
Computer programming, consultancy and related activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het onderzoek naar-, en de ontwikkeling van-, de productie van - en de verkoop en naverkoop van technologische apparaten; Het aankopen…”deed of 20-12-2023 (in Dutch)
4 activities
- Het onderzoek naar-, en de ontwikkeling van-, de productie van - en de verkoop en naverkoop van technologische apparaten.
- Het aankopen, bouwen, verkopen, verhuren, in bruikleen geven van technologische apparaten.
- Het schrijven van computerprogramma's en de ontwikkeling van software voor technologische apparaten.
- Het verlenen van marktadviezen en het verlenen van commerciële begeleiding voor promotie van technologische apparaten.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Aarschotsesteenweg 924 registered office 3012 Leuven | 15-01-2019 | 2.284.904.581 |
Buildings and parcels at the address
- Ground area
- 1,073 m²
- Buildings
- 171 m²
- Volume, LiDAR
- 1,029 m³
- Tallest building
- 9.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24126A0070/00Y002 | 1,073 m² | 1 · 171 m² | 9.1 m · 2 |
Contact
E-mail
cfivez.inside@gmail.com establishment in Leuven
Phone
+32 498 16 94 95 establishment in Leuven