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INSPECT BELGIUM

Active
Non-profit associationfounded 201610 years activeChaussée de Tirlemont(S.-J.-G.) 5, 1370 Jodoigne, BelgiumKBO/BCE: BE 0647.601.296
Summary

INSPECT BELGIUM has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€137,128) and a net result of -€196,481. Equity is growing by ~31.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 1,120 sector peers (NACE 71, fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Other technical testing and analysis
NACE 71209
#1 company by staff growth in Jodoigne1 site
Size
€1.9mturnover 2024
Staff
19.9 FTE
Equity
-€137,128
Loss
-€196,481
Financial health
52 Fair Checked score 2024
Bankruptcy probability, 12 months
1.3%
Structure
Accounts 68 days overdue1 of 14 deeds read
Why 52Capped at 59: negative equity- 2 changes of registered office in 24 months- Liquidity: current ratio 0.76, cash €15,919, halved+ Legal form Non-profit association+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 4% of its sector peers (NACE 71, small)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 1-31
equity -24.5% of total assets
Liquidity 4-11
short-term debt 124.5% · cash 2.8%
Profitability 0-52
return on assets -35.1%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (686 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.1%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 0.4%▲ +0.3 percentage points vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 1.3%▲ +0.9 percentage points vs 08-2025 10-2025: 0.6%▼ -0.7 percentage points vs 09-2025 11-2025: 1.3%▲ +0.7 percentage points vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.2%▼ -0.1 percentage points vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 1.1%▼ -0.2 percentage points vs 07-2026 09-2026: 1.2%▲ +0.1 percentage points vs 08-2026 10-2026: 1.3%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.76 against 1.03 in 2023; short-term debt: 124.5% and cash: 2.8% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, small): better than 4% on solvency, 3% on liquidity, 3% on profitability and 8% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
KBO
raises risk · 2 changes of registered office in 24 months
Belgian State Gazette
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Liquidity: current ratio 0.76, cash €15,919, halved
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€137,128
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
26 days late
2023
98 days late
2022
27 days late
2021
116 days late
2020
31 days early
2019
157 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 66 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Withdrawal: Alexandre LE LOUARN (membre associé)Appointments: Ellen VANDERVORST (managing director)…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Weakest financial yearnet -€196,481

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€137,128 View
  • Caution: From profit to loss in 2024after €10,954 in 2023 -€196,481 View
  • Caution: Among the weakest 5% on solvencysector median 43.2% · 1,120 companies -24.5% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • New directorslatest change 05-01-2026 · 0 in office 2 joined View

By topic

Financials

Fiscal year
2024
Turnover
€1.9m
Loss
-€196,481
Solvency
-24.5%
Turnover▼ 21.2%
Net result
20192024
Go to Financials

Timeline

Events
10
Since
2020
  1. 06-11-2024Annual accounts filed
  2. 27-08-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Other technical testing and analysisNACE 71209
Founded
28-01-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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