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INSTATH

Active Private limited companyfounded 2001active for 25 yearsTen Edestraat 14, 9810 NazarethKBO/BCE: BE 0474.861.322

Lifetime

19 annual accounts with figures on one time axis, 24 filings since 2002
peak €135,878 (2008)
€53,146▲ 76.2%
lowest -€14,908 (2012)
€29,371▲ 749%
peak €126,639 (2025)
€126,639▲ 30.2%
€261,669▼ 12.3%
Board1 name since 2001
1 director
Documentsfilings and deeds
02-01-202629 days before the deadline
2025micro format
Gross margin from €30,170 to €53,146Result from €3,458 to €29,371Appointment: (statutory director) 06-03Equity from €97,268 to €126,639

Key points

from the 2025 annual accounts

Equity

€126,639 ▲ 30.2%

INSTATH has made a profit without a break since 2021.

Turnover

≈ €200,000 estimated

The micro format states no turnover.

Filings

24 annual accounts since 2002
deadline20102020

Two of the last ten came late. The 2020 accounts came latest: 71 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,356 companies had the same profile as INSTATH has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,356 companies, not a prediction for INSTATH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 14-05-2001
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0474861322
Appointment: (statutory director) General meeting of 18-04-2023 · Gazette deed
Company renamed from HVH DESIGN to HosteVanhee General meeting of 18-04-2023 · Gazette deed
First establishment INSTAH BVBA, Ten Edestraat 14, Nazareth
All 36 events

Comparable companies

same main activity, similar in size and age
Company
INSTATH Nazareth - - 32.6% -
BALIMA Merelbeke-Melle - - 89.5% -
JAMAR STEVEN Alken - - 41.6% -
TC ECO Molenbeek-Saint-Jean €348,147 12.1% 52.6% -
Etablissements GAGLIARDINI Bernard Thuin €306,383 5.5% 9.7% -
P.P. TRANS Manage - - 32.6% -
COEMANS Lummen - - 86.7% -

These companies have the same main activity as INSTATH: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €344,000 and €449,000, founded between 1998 and 2004.

Official details

Source: KBO
Status
Active since 21-05-2001Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 2 others
Establishment unit
2.100.461.9529810 Nazareth, since 04-10-2001
Financial year end
30 June
Peppol
Reachable since 22-05-2025
Company details

Annual accounts to 30-06-2025

€388,309▼ 1.8%
Filing
Filed on 02-01-2026, 29 days before the end of the filing period
Financials

Insights on INSTATH

INSTATH files the micro format. That format states no turnover. The gross margin fell from €54,809 in 2007 to €53,146 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about INSTATH

What is the company number of INSTATH?
The company number of INSTATH is 0474.861.322. The VAT number is the same number with BE in front: BE 0474.861.322.
Where is INSTATH based?
The registered office is at Ten Edestraat 14, 9810 Nazareth.Company details
What does INSTATH do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of INSTATH?
INSTATH is a private limited company (BV).
When was INSTATH founded?
INSTATH was founded on 21-05-2001.
Is INSTATH still active?
Yes, INSTATH is an active enterprise in the KBO register.
What is the turnover of INSTATH?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €53,146 and 30 comparable companies (NACE 43222). It probably lies between €160,000 and €280,000.Financials
Is INSTATH profitable?
In financial year 2025, INSTATH made a profit of €29,371.
Where can I find the annual accounts of INSTATH?
INSTATH filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INSTATH due?
INSTATH must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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