INSTAON
ActiveINSTAON has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-56k) and a net result of €-141k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 10% of 711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
12
/ 100
Critical▼ -84 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency42▼-55
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 2.24 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-12.9%
Return on assets
-32.6%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€56k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
8 d early
2024
14 d early
2023
35 d early
2022
46 d early
2021
49 d early
2020
23 d early
2019
53 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-141k
2024 · €233k
2019: €48k
2020: €210k
2021: €34k
2022: €28k
2023: €85k
2024: €233k
2019 → 2025
Working capital
€-56k
2024 · €437k
2019: €66k
2020: €273k
2021: €295k
2022: €297k
2023: €386k
2024: €437k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€301k-€305k▲ 1.4%€390k▲ 27.7%€438k▲ 12.3%€-56k
Operating result€46k-€137k▲ 194%€249k▲ 82.5%€510k▲ 105%€-45k
Net result€34k-€28k▼ 15.2%€85k▲ 198%€233k▲ 176%€-141k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €45k after €510k in 2024, the lowest year so far.
Key figures and ratios
EBITDA
€-44k▼
2024 · €513k
Cash flow
€-140k▼
2024 · €237k
Solvency
-12.9%▼
2024 · 55.5%
Current ratio
0.89▼
2024 · 2.24
Quick ratio
0.89▼
2024 · 2.24
Debt / equity
-8.77▼
2024 · 0.80
ROE
252.9%▲
2024 · 53.3%
ROA
-32.6%▼
2024 · 29.6%
Interest coverage
-0.32▼
2024 · 1.58
Debt
€488k▲
2024 · €352k
Debt ≤ 1 year
€488k▲
2024 · €352k
Income taxes
€171▼
2024 · €46k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€790k€432k▼
Fixed assets21/28€956-
Intangible fixed assets21€752-
Tangible fixed assets22/27€204-
Furniture and vehicles24€204-
Current assets29/58€789k€432k▼
Amounts receivable within one year40/41€168k€97k▼
Trade receivables40€152k€91k▼
Other amounts receivable41€16k€6k▼
Cash at bank and in hand54/58€619k€335k▼
Deferred charges and accrued income490/1€2k€234▼
Equity and liabilities
Total equity and liabilities10/49€790k€432k▼
Equity10/15€438k€-56k▼
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Share premium1100/10€12k€12k=
Reserves13€426k-
Distributable reserves133€426k-
Profit (loss) carried forward14-€-67k
Amounts payable17/49€352k€488k▲
Amounts payable within one year42/48€352k€488k▲
Trade debts44€237k€132k▼
Suppliers440/4€237k€132k▼
Taxes, remuneration and social security45€51k€52k▲
Taxes450/3€51k€52k▲
Other amounts payable47/48€63k€303k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€956▼
Other operating charges640/8€53k€545▼
Gross operating margin9900€566k€-43k▼
Operating profit (loss)9901€510k€-45k▼
Financial income75/76B€94k€42k▼
Recurring financial income75€94k€42k▼
Financial charges65/66B€324k€137k▼
Recurring financial charges65€324k€137k▼
Profit (loss) for the period before taxes9903€280k€-140k▼
Income taxes67/77€46k€171▼
Profit (loss) for the period9904€233k€-141k▼
Profit (loss) for the period to be appropriated9905€233k€-141k▼
Appropriation of the result
Profit (loss) to be appropriated9906€233k€-141k▼
Transfer from equity791/2€126k€426k▲
Transfer to equity691/2€179k-
To contributions691€6k-
To other reserves6921€173k-
Profit to be distributed694/7€180k€353k▲
Return on contributions (dividend)694€120k€353k▲
Directors or managers695€60k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-141k ▼160%
Net result drops to €-141k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2019net €233k ▲176%
Operating result €510k, net result €233k, both a record.
2023
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
08-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity quadruplescurrent ratio 4.43
Current ratio from 1.16 to 4.43; short-term debt falls from €424k to €80k.
30-06
Financial
Equity above €200kEq €282k ▲290%
2 profitable years in a row build equity to €282k.
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Chaumont-Gistoux · 1 establishment unit since 2016
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.
Chaussée de Huy 3681325 Chaumont-GistouxGround area
1,020 m²
Building footprint
219 m²
Volume, LiDAR
1,886 m³
2 parcels, Brussels, Wallonia · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Instaon
since 20162.259.243.232
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25018F0061/00L000 | Wallonia | 934 m² | 1 · 132 m² | 8.8 m · 3 fl. |
| 21017D0374/00S009 | Brussels | 86 m² | 1 · 87 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,391 companies in sector 73300 we hold annual accounts for 6,881. 4,328 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2016
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
47120Other non-specialised retail sale
47910Retail trade
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.