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INSTILE

Active
Private limited companyfounded 20206 yrs activeAtlantische Oceaanlaan 53, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0753.670.796
Summary

The computed 12-month bankruptcy probability of INSTILE is 21.9% (high). For INSTILE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€2,416) and a net result of -€1,144. Equity is shrinking by ~46.6% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability-
Solvency-
Growth58=
Track record100
Bankruptcy probability, 12 months
21.9% High
0%0.5%1.5%4%10%≥ 25%
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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 2023
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-10-2024, 82 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
82 d late
2022
448 d late
2021
813 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 448 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 September 2020, INSTILE was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023

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Financials · fiscal year 2023, micro schema

Equity
-€2,416▼ 90.0%
2022 · -€1,272
Total assets
€28▼ 59.5%
2021 · €70
Net result
-€1,144▼ 2,647%
2022 · -€42
Working capital
-€1,272▼ 3.4%
2021 · -€1,230
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
Line202120222023
Operating result-€1,300--€1,097
Net result-€1,330--€42▲ 96.9%-€1,144▼ 2,647%
Equity-€1,230--€1,272▼ 3.4%-€2,416▼ 90.0%
Total assets€70-€28▼ 59.5%
Debt€1,300-€1,300=€2,416▲ 85.8%
Working capital-€1,230--€1,272▼ 3.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,500-€1,000-€500€0Operating result 2021: -€1,300-€1,300Net result 2021: -€1,330-€1,330Net result 2022: -€42-€42Operating result 2023: -€1,097-€1,097Net result 2023: -€1,144-€1,144202120222023-€1,500-€1,000-€500€0Operating result 2021: -€1,300-€1,300Net result 2021: -€1,330-€1,330Net result 2022: -€42-€42Operating result 2023: -€1,097-€1,100Net result 2023: -€1,144-€1,140202120222023
The operating result is -€1,097 in 2023, compared with -€1,300 in 2021. Comparable figures for the intervening years are unavailable.
Key figures and ratios
2023 value · change against 2022
Debt to equity
-1.00
Debt ≤ 1 year
€2,416▲
2022 · €1,300
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 24 lines
Balance sheet Code20222023
Assets
Total assets20/58€28-
Current assets29/58€28-
Cash at bank and in hand54/58€28-
Equity and liabilities
Total equity and liabilities10/49€28€0▼
Equity10/15-€1,272-€2,416▼
Contributions10/11€100€100=
Capital10€100€100=
Issued capital100€3,000€3,000=
Uncalled capital101€2,900€2,900=
Profit (loss) carried forward14-€1,372-€2,516▼
Amounts payable17/49€1,300€2,416▲
Amounts payable within one year42/48€1,300€2,416▲
Financial debts43-€18
Credit institutions430/8-€18
Other amounts payable47/48€1,300€2,397▲
Income statement Code20222023
Other operating charges640/8-€1,097
Operating profit (loss)9901--€1,097
Financial charges65/66B€42€47▲
Recurring financial charges65€42€47▲
Profit (loss) for the period before taxes9903-€42-€1,144▼
Profit (loss) for the period9904-€42-€1,144▼
Profit (loss) for the period to be appropriated9905-€42-€1,144▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1,372-€2,516▼
Profit (loss) brought forward from the previous period14P-€1,330-€1,372▼
Line202120222023Change
Goods, raw materials, services and sundry goods60/61€1,300---
Other operating charges640/8--€1,097-
Gross operating margin9900-€1,300---
Operating profit (loss)9901-€1,300--€1,097-
Financial charges65/66B€30€42€47▲ 11.9%
Recurring financial charges65€30€42€47▲ 11.9%
Profit (loss) for the period before taxes9903-€1,330-€42-€1,144▼ 2,647%
Profit (loss) for the period9904-€1,330-€42-€1,144▼ 2,647%
Profit (loss) for the period to be appropriated9905-€1,330-€42-€1,144▼ 2,647%
Line202120222023Change
Assets
Total assets20/58€70€28--
Current assets29/58€70€28--
Cash at bank and in hand54/58€70€28--
Equity and liabilities
Total equity and liabilities10/49€70€28€0▼ 100%
Equity10/15-€1,230-€1,272-€2,416▼ 90.0%
Contributions10/11€100€100€100=
Capital10€100€100€100=
Issued capital100€3,000€3,000€3,000=
Uncalled capital101€2,900€2,900€2,900=
Profit (loss) carried forward14-€1,330-€1,372-€2,516▼ 83.4%
Amounts payable17/49€1,300€1,300€2,416▲ 85.8%
Amounts payable within one year42/48€1,300€1,300€2,416▲ 85.8%
Financial debts43--€18-
Credit institutions430/8--€18-
Other amounts payable47/48€1,300€1,300€2,397▲ 84.4%
Line202120222023Change
Profit (loss) for the period9904-€1,330-€42-€1,144▼ 2,647%
Operating cash flow (approximation)-€1,330-€42-€1,144▼ 2,647%
Change in cash--€42--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
21-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
21-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 448 days late
21-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 813 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Pieters-Woluwe · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
862 m²
Building footprint
291 m²
Volume, LiDAR
3,404 m³
Parcel 21684B0051/00N002, Brussels · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Atlantische Oceaanlaan 53, 1150 Sint-Pieters-Woluwe
Agents in the wholesale of furniture, household goods and hardware
since 20202.308.618.806
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21684B0051/00N002 Brussels 861 m² 1 · 291 m² 15.8 m · 4 fl.
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded03-09-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.