INSILVA
ActiveINSILVA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-104k) and a net result of €-434. Equity is shrinking by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 12% of 7002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▲+27
Solvency18=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.59 against 3.29 in 2024; short-term debt: 7.1% and cash: 1.8% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Six 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 2025Solvency, return and age of the figures
Solvency
-7%
Return on assets
0%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-104k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 9 filingsDeviation from the deadline
2025
25 d late
2024
32 d early
2023
28 d late
2022
30 d early
2021
31 d early
2020
29 d early
2019
31 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-104k▼ 0.4%
2024 · €-103k
2018: €82k
2019: €55k
2020: €77k
2021: €87k
2022: €64k
2023: €-23k
2024: €-103k
2018 → 2025
Total assets
€1.48M▼ 5.1%
2024 · €1.56M
2018: €150k
2019: €237k
2020: €279k
2021: €344k
2022: €293k
2023: €1.06M
2024: €1.56M
2018 → 2025
Net result
€-434▲ 99.5%
2024 · €-80k
2018: €32k
2019: €-27k
2020: €16k
2021: €9k
2022: €-23k
2023: €-87k
2024: €-80k
2018 → 2025
Working capital
€272k▼ 7.2%
2024 · €293k
2018: €72k
2019: €40k
2020: €43k
2021: €32k
2022: €-4k
2023: €167k
2024: €293k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€64k▼ 26.2%€-23k€-103k▼ 344%€-104k▼ 0.4%
Operating result€20k-€-17k€-77k▼ 360%€-50k▲ 35.4%€37k
Net result€9k-€-23k€-87k▼ 284%€-80k▲ 8.3%€-434▲ 99.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €37k after a loss of €50k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.48M
Fixed assets
€1.10M▼ 3.2%
Current assets
€377k▼ 10.5%
Key figures and ratios
EBITDA
€132k▲
2024 · €32k
Cash flow
€95k▲
2024 · €2k
Solvency
-7.0%▼
2024 · -6.6%
Current ratio
3.59▲
2024 · 3.29
Quick ratio
3.56▲
2024 · 3.29
Debt / equity
-15.27▲
2024 · -16.11
ROA
0.0%▲
2024 · -5.1%
Interest coverage
3.45▲
2024 · 0.96
Debt
€1.58M▼
2024 · €1.66M
Debt ≤ 1 year
€105k▼
2024 · €128k
Debt > 1 year
€1.47M▼
2024 · €1.53M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.56M€1.48M▼
Fixed assets21/28€1.14M€1.10M▼
Tangible fixed assets22/27€1.14M€1.10M▼
Land and buildings22€1.01M€992k▼
Plant, machinery and equipment23€916€500▼
Furniture and vehicles24€127k€108k▼
Current assets29/58€422k€377k▼
Stocks and contracts in progress3-€3k
Stocks30/36-€3k
Amounts receivable within one year40/41€35k€38k▲
Trade receivables40€27k€38k▲
Other amounts receivable41€8k€103▼
Current investments50/53€6k€7k▲
Cash at bank and in hand54/58€47k€27k▼
Deferred charges and accrued income490/1€334k€303k▼
Equity and liabilities
Total equity and liabilities10/49€1.56M€1.48M▼
Equity10/15€-103k€-104k▼
Contributions10/11€19k€19k=
Reserves13€19k€19k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-141k€-142k▼
Amounts payable17/49€1.66M€1.58M▼
Amounts payable after more than one year17€1.53M€1.47M▼
Financial debts170/4€1.19M€1.12M▼
Other amounts payable178/9€331k€347k▲
Amounts payable within one year42/48€128k€105k▼
Current portion of amounts payable after more than one year42€78k€81k▲
Trade debts44€24k€14k▼
Suppliers440/4€24k€14k▼
Advances received on contracts in progress46€4k€3k▼
Taxes, remuneration and social security45€23k€7k▼
Taxes450/3€23k€7k▼
Accrued charges and deferred income492/3€9k€11k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€95k▲
Other operating charges640/8€564€3k▲
Gross operating margin9900€33k€136k▲
Operating profit (loss)9901€-50k€37k▲
Financial income75/76B€4k€508▼
Recurring financial income75€4k€508▼
Financial charges65/66B€34k€38k▲
Recurring financial charges65€34k€38k▲
Profit (loss) for the period before taxes9903€-80k€-434▲
Profit (loss) for the period9904€-80k€-434▲
Profit (loss) for the period to be appropriated9905€-80k€-434▲
Appropriation of the result
Profit (loss) to be appropriated9906€-141k€-142k▼
Profit (loss) brought forward from the previous period14P€-61k€-141k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-87k
Net result drops to €-87k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 2.06
Current ratio from 0.90 to 2.06.
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Burg-Reuland · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Auf dem Mühlensteg, Ouren 94790 Burg-Reuland1 establishment unit
Auf dem Mühlensteg, Ouren 9, 4790 Burg-Reuland
since 20222.338.952.684
Recognitions · licences · registrations
Food safety, FASFC
1 siteBurg-Reuland2.338.952.684
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 5,577 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2016
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
73120Media representation
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filings
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.insilva.be
E-mail:info@insilva.be