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INSIGHT ENGINEERING

Open bankruptcy
Private limited companyfounded 2021KBO/BCE: BE 0763.749.096

A bankruptcy procedure is open for INSIGHT ENGINEERING according to publications in the Belgian State Gazette; curator: JEAN-MICHEL DERICK.

Summary

The file additionally contains 1 administrative flag. The 2022 annual accounts show negative equity (-€15,064) and a net result of -€33,122.

INSIGHT ENGINEERINGOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
30 March 2026
Supervising judge
Francois Van de Velde
Official Gazette
07-04-2026 (pdf) ↗search the document for 2026/114994

Curator

  • Jean-Michel DerickAvenue Louise 391 Bte 3, 1050 Fr Bruxelles 5jeanmichel.derick@edpnet.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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 ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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 publications
Publications
Address struck

History

INSIGHT ENGINEERING was incorporated on 17 February 2021 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2022.2 On 30 March 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 07-04-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
-€15,064
2021 · €18,057
Total assets
€150,304▲ 14.5%
2021 · €131,243
Net result
-€33,122
2021 · €13,857
Working capital
-€22,190
2021 · €8,764
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022
Operating result€17,243--€35,020
Net result€13,857--€33,122
Equity€18,057--€15,064
Total assets€131,243-€150,304▲ 14.5%
Debt€113,186-€165,368▲ 46.1%
Working capital€8,764--€22,190
Staff (FTE)0.2-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: €17,243€17,243Net result 2021: €13,857€13,857Operating result 2022: -€35,020-€35,020Net result 2022: -€33,122-€33,12220212022-€40,000-€20,000€0€20,000Operating result 2021: €17,243€17,200Net result 2021: €13,857€13,900Operating result 2022: -€35,020-€35,000Net result 2022: -€33,122-€33,10020212022
The operating result turns negative in 2022: a loss of €35,020 after €17,243 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €150,304
Fixed assets €7,125 ▼ 23.3%
Current assets €143,178 ▲ 17.4%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€31,906▼
2021 · €19,458
Cash flow
-€30,008▼
2021 · €16,072
Solvency
-10.0%▼
2021 · 13.8%
Current ratio
0.87▼
2021 · 1.08
Debt to equity
-10.98▼
2021 · 6.27
ROA
-22.0%▼
2021 · 10.6%
Interest coverage
-71.47▼
2021 · 102.94
Debt ≤ 1 year
€165,368▲
2021 · €113,186
Staff costs
€37,619▲
2021 · €5,823
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 43 lines
Balance sheet Code20212022
Assets
Total assets20/58€131,243€150,304▲
Fixed assets21/28€9,293€7,125▼
Tangible fixed assets22/27€9,293€7,125▼
Furniture and vehicles24€9,293€7,125▼
Current assets29/58€121,950€143,178▲
Amounts receivable within one year40/41€108,927€76,426▼
Trade receivables40€108,917€17,767▼
Other amounts receivable41€10€58,658▲
Cash at bank and in hand54/58€13,023€66,753▲
Equity and liabilities
Total equity and liabilities10/49€131,243€150,304▲
Equity10/15€18,057-€15,064▼
Contributions10/11€5,000€5,000=
Reserves13€500€500=
Distributable reserves133€500€500=
Profit (loss) carried forward14€12,557-€20,564▼
Amounts payable17/49€113,186€165,368▲
Amounts payable within one year42/48€113,186€165,368▲
Trade debts44€88,898€22,771▼
Suppliers440/4€88,898€22,771▼
Advances received on contracts in progress46-€118,335
Taxes, remuneration and social security45€14,856€23,462▲
Taxes450/3€14,192€21,392▲
Remuneration and social security454/9€664€2,070▲
Other amounts payable47/48€9,432€800▼
Income statement Code20212022
Remuneration, social security and pensions62€5,823€37,619▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,215€3,113▲
Other operating charges640/8€21€17▼
Gross operating margin9900€25,303€5,730▼
Operating profit (loss)9901€17,243-€35,020▼
Financial income75/76B€3€2,344▲
Recurring financial income75€3€2,344▲
Financial charges65/66B€189€446▲
Recurring financial charges65€189€446▲
Profit (loss) for the period before taxes9903€17,057-€33,122▼
Income taxes67/77€3,200-
Profit (loss) for the period9904€13,857-€33,122▼
Profit (loss) for the period to be appropriated9905€13,857-€33,122▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,857-€20,564▼
Profit (loss) brought forward from the previous period14P-€12,557
Transfer to equity691/2€500-
To other reserves6921€500-
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-

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

Line20212022Change
Remuneration, social security and pensions62€5,823€37,619▲ 546%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,215€3,113▲ 40.6%
Other operating charges640/8€21€17▼ 19.7%
Gross operating margin9900€25,303€5,730▼ 77.4%
Operating profit (loss)9901€17,243-€35,020▼ 303%
Financial income75/76B€3€2,344▲ 74,091%
Recurring financial income75€3€2,344▲ 74,091%
Financial charges65/66B€189€446▲ 136%
Recurring financial charges65€189€446▲ 136%
Profit (loss) for the period before taxes9903€17,057-€33,122▼ 294%
Income taxes67/77€3,200--
Profit (loss) for the period9904€13,857-€33,122▼ 339%
Profit (loss) for the period to be appropriated9905€13,857-€33,122▼ 339%
Line20212022Change
Assets
Total assets20/58€131,243€150,304▲ 14.5%
Fixed assets21/28€9,293€7,125▼ 23.3%
Tangible fixed assets22/27€9,293€7,125▼ 23.3%
Furniture and vehicles24€9,293€7,125▼ 23.3%
Current assets29/58€121,950€143,178▲ 17.4%
Amounts receivable within one year40/41€108,927€76,426▼ 29.8%
Trade receivables40€108,917€17,767▼ 83.7%
Other amounts receivable41€10€58,658▲ 578,386%
Cash at bank and in hand54/58€13,023€66,753▲ 413%
Equity and liabilities
Total equity and liabilities10/49€131,243€150,304▲ 14.5%
Equity10/15€18,057-€15,064▼ 183%
Contributions10/11€5,000€5,000=
Reserves13€500€500=
Distributable reserves133€500€500=
Profit (loss) carried forward14€12,557-€20,564▼ 264%
Amounts payable17/49€113,186€165,368▲ 46.1%
Amounts payable within one year42/48€113,186€165,368▲ 46.1%
Trade debts44€88,898€22,771▼ 74.4%
Suppliers440/4€88,898€22,771▼ 74.4%
Advances received on contracts in progress46-€118,335-
Taxes, remuneration and social security45€14,856€23,462▲ 57.9%
Taxes450/3€14,192€21,392▲ 50.7%
Remuneration and social security454/9€664€2,070▲ 212%
Other amounts payable47/48€9,432€800▼ 91.5%
Line20212022Change
Profit (loss) for the period9904€13,857-€33,122▼ 339%
+ Depreciation and write-downs630€2,215€3,113▲ 40.6%
Operating cash flow (approximation)€16,072-€30,008▼ 287%
Investment in fixed assets (approximation)--€945-
Change in cash-€53,730-

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
07-04
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 30-03-2026
2025
22-08
KBO administration Address struck
Louizalaan 209 1050 Die Sitzadresse Avenue Louise / Louizalaan Bruxelles · event 10-08-2025
2023
05-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 127 days late
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
SignalNBB 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.

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, Brussel · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
700 m²
Building footprint
700 m²
Volume, LiDAR
16,134 m³
Parcel 21807G0120/00L005, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
177 companies at this address See who is registered here
1 establishment unit
ELECSOL
Other education
since 20212.313.324.294
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0120/00L005 Brussels 700 m² 1 · 700 m² 32.2 m · 9 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JEAN-MICHEL DERICK
AVENUE LOUISE 391 BTE 3, 1050 FR BRUXELLES 5
30-03-2026 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded17-02-2021
Fiscal year end31-12
Contact
E-mail insight.engineering.io@gmail.com

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