INSTICOM
ActiveINSTICOM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104 and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 6878 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency12▼-29
Growth42▲+17
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.02 against 0.86 in 2024), and 99.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 6878 sector peers (2025).
NBB · sector comparisonPosition among 6878 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
24 d early
2023
29 d early
2022
27 d early
2021
68 d early
2020
9 d early
2019
22 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
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€381k▼ 6.7%
2018 · €408k
2018: €408k
2018 → 2019
EBIT margin
-14.7%▼ 14.8pp
2018 · 0.1%
2018: 0.1%
2018 → 2019
Net result
€7k
2024 · €-38k
2018: €7k
2019: €-52k
2020: €-5k
2021: €35k
2022: €33k
2023: €-17k
2024: €-38k
2018 → 2025
Working capital
€1k
2024 · €-10k
2018: €35k
2019: €-15k
2020: €-20k
2021: €13k
2022: €43k
2023: €28k
2024: €-10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€48k▲ 210%€32k▼ 34.7%€-7k€104
Operating result€33k-€36k▲ 7.1%€-19k€-24k▼ 25.8%€10k
Net result€35k-€33k▼ 5.6%€-17k€-38k▼ 129%€7k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €24k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€405▼ 87.8%
Current assets
€58k▼ 10.2%
Equity and liabilities €58k
Equity
€104
Debt
€58k
Debt finances 99.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€10k▲
2024 · €-23k
Cash flow
€7k▲
2024 · €-38k
Solvency
0.2%▲
2024 · -10.0%
Current ratio
1.02▲
2024 · 0.86
Quick ratio
1.02▲
2024 · 0.86
Debt / equity
557.07▲
2024 · -10.96
ROE
6614.5%▲
2024 · 566.3%
ROA
11.9%▲
2024 · -56.8%
Interest coverage
1.09▲
2024 · -11.18
Debt
€58k▼
2024 · €74k
Debt ≤ 1 year
€57k▼
2024 · €74k
Income taxes
€180
Staff costs
€34k▼
2024 · €90k
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€68k€58k▼
Fixed assets21/28€3k€405▼
Tangible fixed assets22/27€10€0▼
Plant, machinery and equipment23€10€0▼
Financial fixed assets28€3k€405▼
Current assets29/58€64k€58k▼
Amounts receivable within one year40/41€62k€53k▼
Trade receivables40€24k€8k▼
Other amounts receivable41€38k€45k▲
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1-€992
Equity and liabilities
Total equity and liabilities10/49€68k€58k▼
Equity10/15€-7k€104▲
Contributions10/11€40k€40k=
Outside capital11€40k-
Other1109/19€40k-
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-50k€-43k▲
Amounts payable17/49€74k€58k▼
Amounts payable within one year42/48€74k€57k▼
Current portion of amounts payable after more than one year42€19k€0▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€51k€38k▼
Suppliers440/4€51k€38k▼
Taxes, remuneration and social security45€4k€13k▲
Taxes450/3-€1k
Remuneration and social security454/9€4k€12k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Non-recurring operating income76A-€0
Remuneration, social security and pensions62€90k€34k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€517€10▼
Other operating charges640/8€629€400▼
Non-recurring operating charges66A-€0
Gross operating margin9900€68k€44k▼
Operating profit (loss)9901€-24k€10k▲
Financial income75/76B€429€6k▲
Recurring financial income75€23€6k▲
Non-recurring financial income76B€405-
Financial charges65/66B€15k€9k▼
Recurring financial charges65€2k€9k▲
Non-recurring financial charges66B€13k-
Profit (loss) for the period before taxes9903€-38k€7k▲
Income taxes67/77-€180
Profit (loss) for the period9904€-38k€7k▲
Profit (loss) for the period to be appropriated9905€-38k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-43k▲
Profit (loss) brought forward from the previous period14P€-11k€-50k▼
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €35k
Net result €35k after 2 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-52k ▼861%
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Elsene · 1 establishment unit since 2010
Ground area
374 m²
Building footprint
180 m²
Volume, LiDAR
1,700 m³
2 parcels, Brussels, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
INSTICOM
since 20102.184.764.256
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302D0003/00C003 | Flanders | 227 m² | 1 · 107 m² | 15.7 m · 4 fl. |
| 21446D0179/00S000 | Brussels | 147 m² | 1 · 73 m² | 13.8 m · 4 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 82,127 companies in sector 70200 we hold annual accounts for 52,337. 657 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-01-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.