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INSUN

Active
Private limited companyfounded 20215 yrs activeAvenue des Hirondelles 87, 1341 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0770.342.821
Summary

The computed 12-month bankruptcy probability of INSUN is 3.0% (moderate). The 2025 annual accounts show equity of €1,701 and a net result of €3,193. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 267 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability69=
Solvency32▲+13
Growth78=
Track record86
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.07 against 0.94 in 2024; short-term debt: 93.3% and cash: 5.9% of total assets), and 93.3% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
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 5 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 267 sector peers (2025).
NBB · sector comparison
Position among 267 sector peers
Solvency
better than 20%
← weakest strongest →
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 18-07-2026, 13 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
13 d early
2024
17 d late
2023
6 d early
2022
23 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
Checked, nothing found (1)
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. Usually files around 6 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline

History

On 25 June 2021, INSUN was incorporated as a Private limited company.1 Total assets went from EUR 3,208 in 2022 to EUR 25,437 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1,701
2024 · -€1,492
Total assets
€25,437▲ 5.8%
2024 · €24,034
Net result
€3,193▲ 4.7%
2024 · €3,051
Working capital
€1,701
2024 · -€1,492
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€22,919-€19,193€3,111▼ 83.8%€3,370▲ 8.3%
Net result-€23,151below the sector's middle half-€18,608within the sector's middle half€3,051within the sector's middle half▼ 83.6%€3,193within the sector's middle half▲ 4.7%
Equity-€23,151below the sector's middle half--€4,543below the sector's middle half▲ 80.4%-€1,492below the sector's middle half▲ 67.2%€1,701below the sector's middle half
Total assets€3,208below the sector's middle half-€18,422below the sector's middle half▲ 474%€24,034below the sector's middle half▲ 30.5%€25,437below the sector's middle half▲ 5.8%
Debt€26,359-€22,965▼ 12.9%€25,526▲ 11.1%€23,736▼ 7.0%
Working capital-€23,344below the sector's middle half--€4,543within the sector's middle half▲ 80.5%-€1,492within the sector's middle half▲ 67.2%€1,701within the sector's middle half
Solvency-24.7%below the sector's middle half-6.2%below the sector's middle half▲ 18.5pp6.7%below the sector's middle half▲ 12.9pp
Current ratio0.80below the sector's middle half0.94below the sector's middle half▲ 0.141.07within the sector's middle half▲ 0.13
Return on assets (ROA)101.0%above the sector's middle half12.7%within the sector's middle half▼ 88.3pp12.6%within the sector's middle half▼ 0.1pp
above within below the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2022: -€22,919-€22,919Net result 2022: -€23,151-€23,151Operating result 2023: €19,193€19,193Net result 2023: €18,608€18,608Operating result 2024: €3,111€3,111Net result 2024: €3,051€3,051Operating result 2025: €3,370€3,370Net result 2025: €3,193€3,1932022202320242025€0€5,000€10,000€15,000€20,000Operating result 2023: €19,193€19,200Net result 2023: €18,608€18,600Operating result 2024: €3,111€3,110Net result 2024: €3,051Operating result 2025: €3,370€3,370Net result 2025: €3,193€3,190202320242025
The operating result recovers in 2025; 2025 is 8% above 2024.
Balance-sheet composition
Equity and liabilities €25,437
Equity €1,701
Debt €23,736
Debt finances 93.3% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.40▲
2024 · 0.36
Debt to equity
13.95
ROE
187.7%
Debt ≤ 1 year
€23,736▼
2024 · €25,526
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96% still going

For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 2,153 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€24,034€25,437▲
Formation expenses20€0€0=
Current assets29/58€24,034€25,437▲
Stocks and contracts in progress3€14,900€15,900▲
Stocks30/36€14,900€15,900▲
Amounts receivable within one year40/41€8,295€8,035▼
Trade receivables40€8,251€7,024▼
Other amounts receivable41€44€1,011▲
Cash at bank and in hand54/58€838€1,502▲
Equity and liabilities
Total equity and liabilities10/49€24,034€25,437▲
Equity10/15-€1,492€1,701▲
Contributions10/11€0€0=
Outside capital11€0€0=
Other1109/19€0€0=
Profit (loss) carried forward14-€1,492€1,701▲
Amounts payable17/49€25,526€23,736▼
Amounts payable within one year42/48€25,526€23,736▼
Trade debts44€1,390€202▼
Suppliers440/4€1,390€202▼
Taxes, remuneration and social security45-€1,398
Taxes450/3-€1,398
Other amounts payable47/48€24,136€22,136▼
Income statement Code20242025
Other operating charges640/8-€70
Gross operating margin9900€3,111€3,440▲
Operating profit (loss)9901€3,111€3,370▲
Financial charges65/66B€60€177▲
Recurring financial charges65€60€177▲
Profit (loss) for the period before taxes9903€3,051€3,193▲
Profit (loss) for the period9904€3,051€3,193▲
Profit (loss) for the period to be appropriated9905€3,051€3,193▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,492€1,701▲
Profit (loss) brought forward from the previous period14P-€4,543-€1,492▲
Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€807€1,192---
Other operating charges640/8-€70-€70-
Gross operating margin9900-€22,112€20,455€3,111€3,440▲ 10.6%
Operating profit (loss)9901-€22,919€19,193€3,111€3,370▲ 8.3%
Financial charges65/66B€232€86€60€177▲ 197%
Recurring financial charges65€232€86€60€177▲ 197%
Profit (loss) for the period before taxes9903-€23,151€19,108€3,051€3,193▲ 4.7%
Income taxes67/77-€500---
Profit (loss) for the period9904-€23,151€18,608€3,051€3,193▲ 4.7%
Profit (loss) for the period to be appropriated9905-€23,151€18,608€3,051€3,193▲ 4.7%
Line2022202320242025Change
Assets
Total assets20/58€3,208€18,422€24,034€25,437▲ 5.8%
Formation expenses20€193€0€0€0-
Current assets29/58€3,015€18,422€24,034€25,437▲ 5.8%
Stocks and contracts in progress3-€15,600€14,900€15,900▲ 6.7%
Stocks30/36-€15,600€14,900€15,900▲ 6.7%
Amounts receivable within one year40/41€2,693€2,184€8,295€8,035▼ 3.1%
Trade receivables40€2,366€1,774€8,251€7,024▼ 14.9%
Other amounts receivable41€326€410€44€1,011▲ 2,199%
Cash at bank and in hand54/58€322€637€838€1,502▲ 79.2%
Equity and liabilities
Total equity and liabilities10/49€3,208€18,422€24,034€25,437▲ 5.8%
Equity10/15-€23,151-€4,543-€1,492€1,701▲ 214%
Contributions10/11€0€0€0€0-
Outside capital11--€0€0-
Other1109/19--€0€0-
Profit (loss) carried forward14-€23,151-€4,543-€1,492€1,701▲ 214%
Amounts payable17/49€26,359€22,965€25,526€23,736▼ 7.0%
Amounts payable within one year42/48€26,359€22,965€25,526€23,736▼ 7.0%
Trade debts44€6,911€3,261€1,390€202▼ 85.5%
Suppliers440/4€6,911€3,261€1,390€202▼ 85.5%
Advances received on contracts in progress46€3,332€3,332---
Taxes, remuneration and social security45€205--€1,398-
Taxes450/3€205--€1,398-
Other amounts payable47/48€15,911€16,372€24,136€22,136▼ 8.3%
Line2022202320242025Change
Profit (loss) for the period9904-€23,151€18,608€3,051€3,193▲ 4.7%
+ Depreciation and write-downs630€807€1,192---
Operating cash flow (approximation)-€22,344€19,800€3,051€3,193▲ 4.7%
Change in cash-€315€201€663▲ 231%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
20-06
KBO administration UBO non-compliance
event 11-06-2025
2024
25-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €18,608
Net result €18,608 after one loss-making year.
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
263 m²
Building footprint
53 m²
Parcel 25016A0201/00K003, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
INSUN
Avenue des Hirondelles 87, 1341 Ottignies-Louvain-la-NeuveIntermediation services for non-specialised retail
since 20212.320.226.835
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25016A0201/00K003 Wallonia 263 m² 1 · 53 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

Of 717 companies in this sector we hold annual accounts for 214. 48 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded25-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
58190Other publishing activities, excluding software publishing
47120Other non-specialised retail sale
58130Publishing activities
63910Web portal activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0770342821
Also 9925:BE0770342821
Registered 09-04-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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