INSITIC
ActiveINSITIC has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €30k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 68% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+20
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.75 against 6.58 in 2023; short-term debt: 23.6% and cash: 46.7% of total assets), and 23.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 04-04-2025, 118 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
118 d early
2023
58 d early
2022
26 d early
2021
62 d early
2020
61 d early
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€106k▲ 10.6%
2023 · €96k
2019: €38k
2020: €67k
2021: €90k
2022: €98k
2023: €96k
2019 → 2024
Total assets
€139k▲ 20.8%
2023 · €115k
2019: €62k
2020: €96k
2021: €111k
2022: €121k
2023: €115k
2019 → 2024
Net result
€30k▲ 343%
2023 · €7k
2019: €32k
2020: €29k
2021: €23k
2022: €-4k
2023: €7k
2019 → 2024
Working capital
€90k▲ 14.7%
2023 · €79k
2019: €34k
2020: €64k
2021: €90k
2022: €91k
2023: €79k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€67k-€90k▲ 33.9%€98k▲ 9.0%€96k▼ 2.3%€106k▲ 10.6%
Operating result€42k-€29k▼ 30.0%€-3k€11k€39k▲ 255%
Net result€29k-€23k▼ 21.6%€-4k€7k€30k▲ 343%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 255% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139k
Fixed assets
€16k▼ 28.2%
Current assets
€123k▲ 32.7%
Equity and liabilities €139k
Equity
€106k▲ 10.6%
Debt
€33k▲ 72.0%
The debt ratio rises from 16.6% to 23.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45k▲
2023 · €17k
Cash flow
€36k▲
2023 · €13k
Solvency
76.4%▼
2023 · 83.4%
Current ratio
3.75▼
2023 · 6.58
Quick ratio
3.75▼
2023 · 6.58
Debt / equity
0.31▲
2023 · 0.20
ROE
28.2%▲
2023 · 7.0%
ROA
21.5%▲
2023 · 5.9%
Interest coverage
98.37▲
2023 · 12.67
Debt
€33k▲
2023 · €19k
Debt ≤ 1 year
€33k▲
2023 · €14k
Income taxes
€12k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€115k€139k▲
Fixed assets21/28€23k€16k▼
Tangible fixed assets22/27€23k€16k▼
Furniture and vehicles24€23k€16k▼
Financial fixed assets28€98€98=
Current assets29/58€93k€123k▲
Amounts receivable after more than one year29€41k€45k▲
Other amounts receivable291€41k€45k▲
Amounts receivable within one year40/41€8k€12k▲
Trade receivables40€8k€12k▲
Other amounts receivable41-€528
Cash at bank and in hand54/58€43k€65k▲
Deferred charges and accrued income490/1€582€670▲
Equity and liabilities
Total equity and liabilities10/49€115k€139k▲
Equity10/15€96k€106k▲
Contributions10/11€19k€19k=
Reserves13€68k€68k=
Distributable reserves133€68k€68k=
Profit (loss) carried forward14€10k€20k▲
Amounts payable17/49€19k€33k▲
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€14k€33k▲
Current portion of amounts payable after more than one year42€9k€6k▼
Trade debts44€60€50▼
Suppliers440/4€60€50▼
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€5k€7k▲
Other amounts payable47/48-€20k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€126€99▼
Gross operating margin9900€17k€45k▲
Operating profit (loss)9901€11k€39k▲
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Non-recurring financial income76B-€0
Financial charges65/66B€1k€491▼
Recurring financial charges65€1k€461▼
Non-recurring financial charges66B-€30
Profit (loss) for the period before taxes9903€11k€42k▲
Income taxes67/77€4k€12k▲
Profit (loss) for the period9904€7k€30k▲
Profit (loss) for the period to be appropriated9905€7k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€40k▲
Profit (loss) brought forward from the previous period14P€10k€10k=
Transfer to equity691/2€7k-
To other reserves6921€7k-
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
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
2025
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €106k ▲10.6%
2 profitable years in a row build equity to €106k.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-4k ▼119%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 16current ratio 86.99
Current ratio from 5.29 to 86.99; short-term debt falls from €21k to €1k.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Braine-l'Alleud · 1 establishment unit since 2019
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.
Rue de la Maloux 61420 Braine-l'AlleudGround area
237 m²
Building footprint
71 m²
Volume, LiDAR
600 m³
Parcel 25014N1172/00V000, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
INSITIC
since 20192.283.034.362
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25014N1172/00V000 | Wallonia | 237 m² | 1 · 71 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WINNING THE MORNING
BE 0805.170.076
Lier · Eq €106k
QUINEZ
BE 0717.599.070
Mechelen · Eq €106k
STEN Consulting
BE 1002.068.693
Pajottegem · Eq €106k
VANGUARD VISION
BE 0559.939.527
Jabbeke · Eq €106k
ISIDORIX
BE 0784.897.769
Deinze · Eq €106k
Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 6,957 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2018
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:contact@insitic.be