INSPIRE
ActiveSummary
INSPIRE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241,914 and a net result of -€371. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-6
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 1.65 against 2.01 in 2024; short-term debt: 23.2% and cash: 35.2% of total assets), and 23.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
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
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
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
76.8%
Return on assets
-0.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
47 d early
2024
on the day
2023
26 d early
2022
33 d early
2021
5 d early
2020
44 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#10 oldest company in Grez-Doiceau, Telecoms and IT sector
Turnover
€161,261
EBIT margin
12.4%
Net result
-€371
2024 · €16,496
Working capital
€47,629▼ 38.0%
2024 · €76,822
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€161,261
Operating result€24,271▲ 324%€20,018▼ 17.5%€32,227▲ 61.0%€21,430▼ 33.5%€378▼ 98.2%
Net result€23,024▲ 361%€15,388▼ 33.2%€23,927▲ 55.5%€16,496▼ 31.1%-€371
EBIT margin12.4%
Equity€189,594▲ 13.8%€204,981▲ 8.1%€228,909▲ 11.7%€242,285▲ 5.8%€241,914▼ 0.2%
Total assets€325,489▲ 75.1%€331,076▲ 1.7%€343,836▲ 3.9%€327,043▼ 4.9%€315,108▼ 3.6%
Debt€135,895▲ 605%€126,094▼ 7.2%€114,928▼ 8.9%€84,758▼ 26.3%€73,195▼ 13.6%
Working capital€64,030▼ 28.5%€66,314▲ 3.6%€69,502▲ 4.8%€76,822▲ 10.5%€47,629▼ 38.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 98% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €315,108
Fixed assets
€194,285 ▲ 11.5%
Current assets
€120,824 ▼ 20.9%
Equity and liabilities €315,108
Equity
€241,914 ▼ 0.2%
Debt
€73,195 ▼ 13.6%
Debt's share of the balance-sheet total falls from 25.9% to 23.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10,356▼
2024 · €32,565
Cash flow
€9,607▼
2024 · €27,631
Current ratio
1.65▼
2024 · 2.01
Debt to equity
0.30▼
2024 · 0.35
ROE
-0.2%▼
2024 · 6.8%
ROA
-0.1%▼
2024 · 5.0%
Interest coverage
38.01▼
2024 · 79.71
Debt ≤ 1 year
€73,195▼
2024 · €75,958
Income taxes
€476▼
2024 · €4,736
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 12,304 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €161,261 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €130,986 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,823 | €9,606 | €12,404 | €11,135 | €9,978 | ▼ 10.4% |
| Other operating charges640/8 | - | €651 | €889 | €1,367 | €1,350 | ▼ 1.2% |
| Non-recurring operating charges66A | - | - | - | €223 | - | - |
| Gross operating margin9900 | €60,725 | €30,276 | €45,520 | €34,154 | €11,706 | ▼ 65.7% |
| Operating profit (loss)9901 | €24,271 | €20,018 | €32,227 | €21,430 | €378 | ▼ 98.2% |
| Financial income75/76B | - | €78 | €119 | €211 | - | - |
| Recurring financial income75 | €0 | €78 | €119 | €211 | - | - |
| Financial charges65/66B | - | €548 | €549 | €409 | €272 | ▼ 33.3% |
| Recurring financial charges65 | €1,066 | €548 | €549 | €409 | €272 | ▼ 33.3% |
| Profit (loss) for the period before taxes9903 | €23,205 | €19,547 | €31,797 | €21,233 | €105 | ▼ 99.5% |
| Income taxes67/77 | €181 | €4,160 | €7,870 | €4,736 | €476 | ▼ 89.9% |
| Profit (loss) for the period9904 | €23,024 | €15,388 | €23,927 | €16,496 | -€371 | ▼ 102% |
| Profit (loss) for the period to be appropriated9905 | €23,024 | €15,388 | €23,927 | €16,496 | -€371 | ▼ 102% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €325,489 | €331,076 | €343,836 | €327,043 | €315,108 | ▼ 3.6% |
| Fixed assets21/28 | €173,454 | €172,537 | €181,330 | €174,263 | €194,285 | ▲ 11.5% |
| Intangible fixed assets21 | €4,868 | €2,434 | - | - | - | - |
| Tangible fixed assets22/27 | €159,286 | €160,803 | €172,030 | €174,263 | €164,285 | ▼ 5.7% |
| Land and buildings22 | - | €149,697 | €159,704 | €165,344 | €158,684 | ▼ 4.0% |
| Plant, machinery and equipment23 | - | €1,584 | €1,056 | €528 | - | - |
| Furniture and vehicles24 | - | €5,644 | €8,001 | €5,730 | €3,550 | ▼ 38.1% |
| Other tangible fixed assets26 | - | €3,877 | €3,269 | €2,660 | €2,051 | ▼ 22.9% |
| Financial fixed assets28 | €9,300 | €9,300 | €9,300 | - | €30,000 | - |
| Current assets29/58 | €152,035 | €158,539 | €162,507 | €152,780 | €120,824 | ▼ 20.9% |
| Amounts receivable within one year40/41 | €18,956 | €19,900 | €21,491 | €17,159 | €9,438 | ▼ 45.0% |
| Trade receivables40 | - | €19,900 | €20,335 | €13,371 | €9,438 | ▼ 29.4% |
| Other amounts receivable41 | - | - | €1,156 | €3,789 | - | - |
| Current investments50/53 | - | €8,000 | €13,000 | - | - | - |
| Cash at bank and in hand54/58 | €132,346 | €129,490 | €126,379 | €134,711 | €111,007 | ▼ 17.6% |
| Deferred charges and accrued income490/1 | - | €1,149 | €1,637 | €910 | €379 | ▼ 58.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €325,489 | €331,076 | €343,836 | €327,043 | €315,108 | ▼ 3.6% |
| Equity10/15 | €189,594 | €204,981 | €228,909 | €242,285 | €241,914 | ▼ 0.2% |
| Contributions10/11 | €0 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €69,354 | €69,354 | €69,354 | €99,354 | €79,354 | ▼ 20.1% |
| Non-distributable reserves130/1 | - | €1,860 | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €67,494 | €69,354 | €97,494 | €77,494 | ▼ 20.5% |
| Profit (loss) carried forward14 | €101,640 | €117,027 | €140,954 | €124,331 | €143,960 | ▲ 15.8% |
| Amounts payable17/49 | €135,895 | €126,094 | €114,928 | €84,758 | €73,195 | ▼ 13.6% |
| Amounts payable after more than one year17 | €47,890 | €33,870 | €21,923 | €8,800 | - | - |
| Financial debts170/4 | - | €33,870 | €21,923 | €8,800 | - | - |
| Amounts payable within one year42/48 | €88,005 | €92,225 | €93,005 | €75,958 | €73,195 | ▼ 3.6% |
| Current portion of amounts payable after more than one year42 | - | €14,020 | €13,029 | €13,123 | €8,800 | ▼ 32.9% |
| Trade debts44 | €147 | €557 | €213 | €2,755 | €658 | ▼ 76.1% |
| Suppliers440/4 | - | €557 | €213 | €2,755 | €658 | ▼ 76.1% |
| Taxes, remuneration and social security45 | - | €7,217 | €11,027 | €2,658 | €6,233 | ▲ 135% |
| Taxes450/3 | - | €7,217 | €11,027 | €2,658 | €6,233 | ▲ 135% |
| Other amounts payable47/48 | - | €70,430 | €68,736 | €57,422 | €57,504 | ▲ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,024 | €15,388 | €23,927 | €16,496 | -€371 | ▼ 102% |
| + Depreciation and write-downs630 | €16,823 | €9,606 | €12,404 | €11,135 | €9,978 | ▼ 10.4% |
| Operating cash flow (approximation) | €39,848 | €24,994 | €36,331 | €27,631 | €9,607 | ▼ 65.2% |
| Investment in fixed assets (approximation) | - | -€8,689 | -€21,197 | -€4,068 | -€30,000 | ▼ 638% |
| Change in cash | - | -€2,857 | -€3,111 | €8,332 | -€23,704 | ▼ 384% |
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
Next filing, fiscal year 2026, expected by
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €23,927 ▲55.5%
Operating result €32,227, net result €23,927, both a record.
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Equity above €200,000Eq €204,981 ▲8.1%
3 profitable years in a row build equity to €204,981.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €4,989
Net result €4,989 after one loss-making year.
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
07-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
02-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 13 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Grez-Doiceau · 1 establishment unit since 2002
Ground area
4,183 m²
Building footprint
108 m²
Parcel 25008C0019/00B000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue du Grand Sart 2, 1390 Grez-Doiceau
since 20022.099.190.064
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25008C0019/00B000 | Wallonia | 4,183 m² | 1 · 108 m² | - |
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.
Similar companies · same sector, comparable size
ARTEMESIA
BE 0886.041.550
Liège · Eq €242,062
ScaleCity
BE 0810.613.063
Kontich · Eq €241,765
GQS
BE 0878.477.332
Ranst · Eq €241,543
Floo IT
BE 0818.158.178
Herent · Eq €242,318
SENTENCES CONSULTING
BE 0472.388.218
Antwerpen · Eq €241,045
Of 3,214 companies in sector 62900 we hold annual accounts for 1,743. 1,290 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
Founded07-06-2002
Fiscal year end30-06
Activities, NACEBEL 2025
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477660266
Also
9925:BE0477660266
Registered
30-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.