Insol
ActiveSummary
Insol has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €241k and a net result of €30k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+14
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 16.92 against 5.57 in 2023; short-term debt: 5.8% and cash: 14.9% of total assets), and 5.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
61 d late
2022
32 d late
2021
32 d early
2020
17 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€241k▲ 14.4%
2023 · €210k
2018: €111klowest in 7 years
2019: €148k▲ +33.8% vs 2018
2020: €174k▲ +17.6% vs 2019
2021: €194k▲ +11.7% vs 2020
2022: €208k▲ +7.2% vs 2021
2023: €210k▲ +1.1% vs 2022
2024: €241k▲ +14.4% vs 2023highest in 7 years
2018 → 2024
Total assets
€256k=
2023 · €255k
2018: €137klowest in 7 years
2019: €180k▲ +31.3% vs 2018
2020: €210k▲ +16.6% vs 2019
2021: €269k▲ +27.8% vs 2020highest in 7 years
2022: €252k▼ -6.4% vs 2021
2023: €255k▲ +1.5% vs 2022
2024: €256k● +0.0% vs 2023
2018 → 2024
Net result
€30k▲ 1,202%
2023 · €2k
2018: €20k
2019: €37k▲ +87.8% vs 2018highest in 7 years
2020: €26k▼ -30.5% vs 2019
2021: €20k▼ -21.8% vs 2020
2022: €14k▼ -31.6% vs 2021
2023: €2k▼ -83.2% vs 2022lowest in 7 years
2024: €30k▲ +1202% vs 2023
2018 → 2024
Working capital
€235k▲ 14.4%
2023 · €205k
2018: €106klowest in 7 years
2019: €143k▲ +34.8% vs 2018
2020: €164k▲ +15.1% vs 2019
2021: €180k▲ +10.0% vs 2020
2022: €191k▲ +5.9% vs 2021
2023: €205k▲ +7.6% vs 2022
2024: €235k▲ +14.4% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€174k-€194k▲ 11.7%€208k▲ 7.2%€210k▲ 1.1%€241k▲ 14.4%
2020: €174klowest in 5 years
2021: €194k▲ +11.7% vs 2020
2022: €208k▲ +7.2% vs 2021
2023: €210k▲ +1.1% vs 2022
2024: €241k▲ +14.4% vs 2023highest in 5 years
Operating result€41k-€29k▼ 30.1%€18k▼ 38.5%€31▼ 99.8%€39k▲ 127,012%
2020: €41khighest in 5 years
2021: €29k▼ -30.1% vs 2020
2022: €18k▼ -38.5% vs 2021
2023: €31▼ -99.8% vs 2022lowest in 5 years
2024: €39k▲ +127012% vs 2023
Net result€26k-€20k▼ 21.8%€14k▼ 31.6%€2k▼ 83.2%€30k▲ 1,202%
2020: €26k
2021: €20k▼ -21.8% vs 2020
2022: €14k▼ -31.6% vs 2021
2023: €2k▼ -83.2% vs 2022lowest in 5 years
2024: €30k▲ +1202% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 127,012% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €256k
Fixed assets
€6k ▲ 16.2%
Current assets
€250k ▼ 0.3%
Equity and liabilities €256k
Equity
€241k ▲ 14.4%
Debt
€15k ▼ 67.2%
Debt's share of the balance-sheet total falls from 17.6% to 5.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▲
2023 · €13k
Cash flow
€33k▲
2023 · €15k
Current ratio
16.92▲
2023 · 5.57
Debt to equity
0.06▼
2023 · 0.21
ROE
12.6%▲
2023 · 1.1%
ROA
11.9%▲
2023 · 0.9%
Interest coverage
63.73▲
2023 · 21.46
Debt ≤ 1 year
€15k▼
2023 · €45k
Income taxes
€12k▲
2023 · €469
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€255k€256k=
Fixed assets21/28€5k€6k▲
Tangible fixed assets22/27€5k€6k▲
Plant, machinery and equipment23€1k€4k▲
Furniture and vehicles24€2k€951▼
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€25€25=
Current assets29/58€250k€250k▼
Amounts receivable after more than one year29€169k€170k▲
Other amounts receivable291€169k€170k▲
Amounts receivable within one year40/41€71k€37k▼
Trade receivables40€71k€36k▼
Other amounts receivable41€432€2k▲
Cash at bank and in hand54/58€6k€38k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€255k€256k=
Equity10/15€210k€241k▲
Contributions10/11€12k€12k=
Reserves13€198k€228k▲
Distributable reserves133€198k€228k▲
Amounts payable17/49€45k€15k▼
Amounts payable within one year42/48€45k€15k▼
Trade debts44€3k€960▼
Suppliers440/4€3k€960▼
Taxes, remuneration and social security45€31k€3k▼
Taxes450/3€31k€3k▼
Other amounts payable47/48€11k€11k▼
Income statement
Code20232024
Remuneration, social security and pensions62€97-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€3k▼
Other operating charges640/8€2k€847▼
Gross operating margin9900€15k€43k▲
Operating profit (loss)9901€31€39k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€605€662▲
Recurring financial charges65€605€662▲
Profit (loss) for the period before taxes9903€3k€42k▲
Income taxes67/77€469€12k▲
Profit (loss) for the period9904€2k€30k▲
Profit (loss) for the period to be appropriated9905€2k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€30k▲
Transfer to equity691/2€2k€30k▲
To other reserves6921€2k€30k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €97 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €13k | €13k | €13k | €3k | ▼ 77.4% |
| Other operating charges640/8 | - | €803 | €625 | €2k | €847 | ▼ 51.2% |
| Gross operating margin9900 | €44k | €43k | €31k | €15k | €43k | ▲ 191% |
| Operating profit (loss)9901 | €41k | €29k | €18k | €31 | €39k | ▲ 127,012% |
| Financial income75/76B | - | €1k | €3k | €3k | €3k | ▲ 1.0% |
| Recurring financial income75 | €8k | €1k | €3k | €3k | €3k | ▲ 1.0% |
| Financial charges65/66B | - | €364 | €546 | €605 | €662 | ▲ 9.5% |
| Recurring financial charges65 | €263 | €364 | €546 | €605 | €662 | ▲ 9.5% |
| Profit (loss) for the period before taxes9903 | €48k | €29k | €20k | €3k | €42k | ▲ 1,402% |
| Income taxes67/77 | €22k | €9k | €7k | €469 | €12k | ▲ 2,396% |
| Profit (loss) for the period9904 | €26k | €20k | €14k | €2k | €30k | ▲ 1,202% |
| Profit (loss) for the period to be appropriated9905 | €26k | €20k | €14k | €2k | €30k | ▲ 1,202% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €210k | €269k | €252k | €255k | €256k | = |
| Fixed assets21/28 | €10k | €28k | €17k | €5k | €6k | ▲ 16.2% |
| Tangible fixed assets22/27 | €10k | €27k | €17k | €5k | €6k | ▲ 16.3% |
| Plant, machinery and equipment23 | - | €1k | €1k | €1k | €4k | ▲ 183% |
| Furniture and vehicles24 | - | €23k | €13k | €2k | €951 | ▼ 48.4% |
| Other tangible fixed assets26 | - | €3k | €2k | €2k | €1k | ▼ 30.5% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €201k | €241k | €235k | €250k | €250k | ▼ 0.3% |
| Amounts receivable after more than one year29 | - | €175k | €168k | €169k | €170k | ▲ 0.7% |
| Other amounts receivable291 | - | €175k | €168k | €169k | €170k | ▲ 0.7% |
| Stocks and contracts in progress3 | €850 | €1k | €1k | - | - | - |
| Stocks30/36 | - | €1k | €1k | - | - | - |
| Amounts receivable within one year40/41 | €119k | €33k | €48k | €71k | €37k | ▼ 47.5% |
| Trade receivables40 | - | €28k | €47k | €71k | €36k | ▼ 49.7% |
| Other amounts receivable41 | - | €5k | €737 | €432 | €2k | ▲ 310% |
| Cash at bank and in hand54/58 | €72k | €32k | €13k | €6k | €38k | ▲ 511% |
| Deferred charges and accrued income490/1 | - | €447 | €4k | €4k | €4k | ▲ 2.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €210k | €269k | €252k | €255k | €256k | = |
| Equity10/15 | €174k | €194k | €208k | €210k | €241k | ▲ 14.4% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €162k | €182k | €196k | €198k | €228k | ▲ 15.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €180k | €194k | €198k | €228k | ▲ 15.3% |
| Amounts payable17/49 | €36k | €75k | €44k | €45k | €15k | ▼ 67.2% |
| Amounts payable after more than one year17 | - | €14k | - | - | - | - |
| Financial debts170/4 | - | €14k | - | - | - | - |
| Amounts payable within one year42/48 | €36k | €61k | €44k | €45k | €15k | ▼ 67.2% |
| Current portion of amounts payable after more than one year42 | - | €14k | €14k | - | - | - |
| Trade debts44 | €897 | €1k | €4k | €3k | €960 | ▼ 64.0% |
| Suppliers440/4 | - | €1k | €4k | €3k | €960 | ▼ 64.0% |
| Advances received on contracts in progress46 | - | €241 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €20k | €20k | €31k | €3k | ▼ 90.3% |
| Taxes450/3 | - | €16k | €16k | €31k | €3k | ▼ 90.3% |
| Remuneration and social security454/9 | - | €3k | €3k | - | - | - |
| Other amounts payable47/48 | - | €26k | €7k | €11k | €11k | ▼ 2.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €20k | €14k | €2k | €30k | ▲ 1,202% |
| + Depreciation and write-downs630 | €3k | €13k | €13k | €13k | €3k | ▼ 77.4% |
| Operating cash flow (approximation) | €29k | €34k | €27k | €15k | €33k | ▲ 118% |
| Investment in fixed assets (approximation) | - | €-31k | €-2k | €-810 | €-4k | ▼ 362% |
| Change in cash | - | €-40k | €-19k | €-7k | €32k | ▲ 555% |
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
Liquidity triplescurrent ratio 16.92
Current ratio from 5.57 to 16.92; short-term debt falls from €45k to €15k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €2k ▼83.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Equity above €200kEq €208k ▲7.2%
5 profitable years in a row build equity to €208k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €174k ▲17.6%
3 profitable years in a row build equity to €174k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €37k ▲87.8%
Net result €37k, the highest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Antwerpen · 1 establishment unit since 2010
Ground area
175 m²
Building footprint
167 m²
Volume, LiDAR
1,350 m³
Parcel 11810K1512/00M008, Flanders · tallest building 16.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Insol
since 20102.189.837.158
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1512/00M008 | Flanders | 175 m² | 1 · 167 m² | 16.2 m · 2 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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,293 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
Founded24-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
63910Web portal activities
Scores and ratios are computed by Checked and are not a credit decision.