Insito
ActiveSummary
The computed 12-month bankruptcy probability of Insito is 1.9% (moderate). The 2024 annual accounts show equity of €98,462 and a net result of -€8,931. Equity is growing by ~75.9% per year across the filed fiscal years. Its solvency ranks better than 70% of 15862 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability61▼-39
Solvency90▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 3.22 against 2.81 in 2023; short-term debt: 12.7% and cash: 3.6% of total assets), and 35.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 2024Solvency, return and age of the figures
Solvency
64.6%
Return on assets
-5.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
28 d late
2022
25 d late
2021
31 d early
2020
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€98,462▼ 8.3%
2023 · €107,392
Total assets
€152,356▼ 16.8%
2023 · €183,104
Net result
-€8,931
2023 · €45,968
Working capital
€42,863▼ 29.7%
2023 · €60,946
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20202021202220232024
Operating result€17,271-€18,402▲ 6.5%€36,039▲ 95.8%€60,149▲ 66.9%-€8,281
Net result€13,735within the sector's middle half-€14,410within the sector's middle half▲ 4.9%€28,280above the sector's middle half▲ 96.3%€45,968above the sector's middle half▲ 62.5%-€8,931below the sector's middle half
Equity€18,735within the sector's middle half-€33,145within the sector's middle half▲ 76.9%€61,425within the sector's middle half▲ 85.3%€107,392within the sector's middle half▲ 74.8%€98,462within the sector's middle half▼ 8.3%
Total assets€46,181below the sector's middle half-€67,477below the sector's middle half▲ 46.1%€138,660within the sector's middle half▲ 105%€183,104within the sector's middle half▲ 32.1%€152,356within the sector's middle half▼ 16.8%
Debt€27,446-€34,332▲ 25.1%€77,235▲ 125%€75,712▼ 2.0%€53,894▼ 28.8%
Working capital-€7,933-€16,975€21,910▲ 29.1%€60,946▲ 178%€42,863▼ 29.7%
Solvency40.6%within the sector's middle half-49.1%within the sector's middle half▲ 8.6pp44.3%within the sector's middle half▼ 4.8pp58.7%within the sector's middle half▲ 14.4pp64.6%within the sector's middle half▲ 6.0pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8,281 after €60,149 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €152,356
Fixed assets
€90,162 ▲ 1.9%
Current assets
€62,193 ▼ 34.3%
Equity and liabilities €152,356
Equity
€98,462 ▼ 8.3%
Debt
€53,894 ▼ 28.8%
Debt's share of the balance-sheet total falls from 41.3% to 35.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€14,398▼
2023 · €86,610
Cash flow
€13,748▼
2023 · €72,429
Current ratio
3.22▲
2023 · 2.81
Quick ratio
0.60▼
2023 · 1.58
Debt to equity
0.55▼
2023 · 0.71
ROE
-9.1%▼
2023 · 42.8%
ROA
-5.9%▼
2023 · 25.1%
Interest coverage
22.14▼
2023 · 122.90
Debt ≤ 1 year
€19,330▼
2023 · €33,660
Debt > 1 year
€34,564▼
2023 · €42,052
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,440 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.4%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% 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%.
| 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 3,440 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6,667 | - | €16,439 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,279 | €11,426 | €15,803 | €26,461 | €22,678 | ▼ 14.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,175 | - | - |
| Other operating charges640/8 | - | €1,792 | €792 | €1,042 | €997 | ▼ 4.3% |
| Gross operating margin9900 | €23,131 | €31,621 | €52,634 | €89,826 | €15,394 | ▼ 82.9% |
| Operating profit (loss)9901 | €17,271 | €18,402 | €36,039 | €60,149 | -€8,281 | ▼ 114% |
| Financial income75/76B | - | €2 | €0 | €26 | €0 | ▼ 99.2% |
| Recurring financial income75 | - | €2 | €0 | €26 | €0 | ▼ 99.2% |
| Financial charges65/66B | - | €67 | €920 | €705 | €650 | ▼ 7.7% |
| Recurring financial charges65 | €42 | €67 | €920 | €705 | €650 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €17,229 | €18,337 | €35,119 | €59,470 | -€8,931 | ▼ 115% |
| Income taxes67/77 | €3,494 | €3,927 | €6,839 | €13,503 | - | - |
| Profit (loss) for the period9904 | €13,735 | €14,410 | €28,280 | €45,968 | -€8,931 | ▼ 119% |
| Profit (loss) for the period to be appropriated9905 | €13,735 | €14,410 | €28,280 | €45,968 | -€8,931 | ▼ 119% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,181 | €67,477 | €138,660 | €183,104 | €152,356 | ▼ 16.8% |
| Fixed assets21/28 | €26,668 | €41,170 | €88,910 | €88,498 | €90,162 | ▲ 1.9% |
| Tangible fixed assets22/27 | €26,668 | €40,670 | €88,410 | €87,998 | €89,162 | ▲ 1.3% |
| Plant, machinery and equipment23 | - | €10,964 | €34,685 | €34,958 | €33,365 | ▼ 4.6% |
| Furniture and vehicles24 | - | €29,706 | €53,725 | €53,040 | €55,798 | ▲ 5.2% |
| Financial fixed assets28 | - | €500 | €500 | €500 | €1,000 | ▲ 100% |
| Current assets29/58 | €19,512 | €26,307 | €49,749 | €94,606 | €62,193 | ▼ 34.3% |
| Stocks and contracts in progress3 | - | €8,435 | €21,273 | €41,474 | €50,659 | ▲ 22.1% |
| Stocks30/36 | - | €8,435 | €21,273 | €41,474 | €50,659 | ▲ 22.1% |
| Amounts receivable within one year40/41 | €1,533 | €3,875 | €1,934 | - | €5,439 | - |
| Trade receivables40 | - | €2,794 | €1,934 | - | €3,439 | - |
| Other amounts receivable41 | - | €1,081 | - | - | €2,000 | - |
| Cash at bank and in hand54/58 | €17,774 | €13,587 | €25,731 | €51,985 | €5,465 | ▼ 89.5% |
| Deferred charges and accrued income490/1 | - | €411 | €812 | €1,147 | €630 | ▼ 45.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,181 | €67,477 | €138,660 | €183,104 | €152,356 | ▼ 16.8% |
| Equity10/15 | €18,735 | €33,145 | €61,425 | €107,392 | €98,462 | ▼ 8.3% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €13,735 | €28,145 | €56,425 | €102,392 | €93,462 | ▼ 8.7% |
| Amounts payable17/49 | €27,446 | €34,332 | €77,235 | €75,712 | €53,894 | ▼ 28.8% |
| Amounts payable after more than one year17 | - | €25,000 | €49,396 | €42,052 | €34,564 | ▼ 17.8% |
| Financial debts170/4 | - | €25,000 | €49,396 | €42,052 | €34,564 | ▼ 17.8% |
| Amounts payable within one year42/48 | €27,446 | €9,332 | €27,839 | €33,660 | €19,330 | ▼ 42.6% |
| Current portion of amounts payable after more than one year42 | - | - | €7,205 | €7,344 | €7,488 | ▲ 2.0% |
| Trade debts44 | €23,091 | €2,660 | €3,855 | €3,694 | €6,284 | ▲ 70.1% |
| Suppliers440/4 | - | €2,660 | €3,855 | €3,694 | €6,284 | ▲ 70.1% |
| Advances received on contracts in progress46 | - | - | - | €166 | €32 | ▼ 80.4% |
| Taxes, remuneration and social security45 | - | €5,504 | €11,621 | €19,323 | €2,542 | ▼ 86.8% |
| Taxes450/3 | - | €5,504 | €11,621 | €19,323 | €2,542 | ▼ 86.8% |
| Other amounts payable47/48 | - | €1,168 | €5,157 | €3,133 | €2,984 | ▼ 4.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,735 | €14,410 | €28,280 | €45,968 | -€8,931 | ▼ 119% |
| + Depreciation and write-downs630 | €5,279 | €11,426 | €15,803 | €26,461 | €22,678 | ▼ 14.3% |
| Operating cash flow (approximation) | €19,014 | €25,836 | €44,083 | €72,429 | €13,748 | ▼ 81.0% |
| Investment in fixed assets (approximation) | - | -€25,928 | -€63,544 | -€26,049 | -€24,342 | ▲ 6.6% |
| Change in cash | - | -€4,188 | €12,144 | €26,254 | -€46,520 | ▼ 277% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet -€8,931
Net result drops to -€8,931, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2020net €45,968 ▲62.5%
Operating result €60,149, net result €45,968, both a record.
31-12
Financial
Equity above €100,000Eq €107,392 ▲74.8%
4 profitable years in a row build equity to €107,392.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 2.82
Current ratio from 0.71 to 2.82; short-term debt falls from €27,446 to €9,332.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Bever · 1 establishment unit since 2021
Ground area
1,069 m²
Building footprint
131 m²
Volume, LiDAR
1,430 m³
Parcel 23009B0380/00H000, Flanders · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Insito
since 20212.322.863.453
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23009B0380/00H000 | Flanders | 1,069 m² | 1 · 131 m² | 13.7 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBever/Biévène2.322.863.453
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Of 1,244 companies in sector 46643 we hold annual accounts for 953. 586 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
Founded14-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
46842Wholesale trade
78200Temporary employment agencies and other provision of personnel
85599Other education
86951Physiotherapy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0743686825
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.