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INTROLUTION

Active
Private limited companyfounded 200322 yrs activeDonklaan 189, 9290 Berlare, BelgiumKBO/BCE: BE 0861.144.026
Summary

INTROLUTION has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.7m and a net result of €253,855. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 55 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2026
Axes · tick = 2025
Profitability85▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140,000 at 30 days acceptable
Liquidity ample (current ratio 8.13 against 11.86 in 2025; short-term debt: 10.3% and cash: 11.2% of total assets), and 15.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
84.7%
Return on assets
12.7%
Age of the figures
6 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 02-07-2026, 121 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
121 d early
2025
25 d early
2024
24 d early
2023
12 d early
2022
24 d early
2021
2 d late
2020
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 7 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-03-2027 close31-10-2027 deadline
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 17 October 2003, INTROLUTION was incorporated.1 Total assets went from EUR 1.3 million in 2019 to EUR 2 million in 2026 and headcount from 0.3 full-time equivalents in 2021 to 1.9 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2021 and 2026

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Financials · fiscal year 2026, abbreviated schema

Equity
€1.7m▼ 21.7%
2025 · €2.2m
Total assets
€2.0m▼ 22.2%
2025 · €2.6m
Net result
€253,855▼ 30.0%
2025 · €362,623
Working capital
€1.5m▼ 28.6%
2025 · €2.0m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202420252026
Operating result€489,839▲ 20.0%€410,017▼ 16.3%€440,091▲ 7.3%€488,805▲ 11.1%€368,203▼ 24.7%
Net result€335,957above the sector's middle half▲ 18.1%€269,366above the sector's middle half▼ 19.8%€356,899above the sector's middle half▲ 32.5%€362,623above the sector's middle half▲ 1.6%€253,855▼ 30.0%
Equity€1.3mabove the sector's middle half▲ 6.7%€1.5mabove the sector's middle half▲ 21.1%€1.8mabove the sector's middle half▲ 16.7%€2.2mabove the sector's middle half▲ 20.1%€1.7m▼ 21.7%
Total assets€1.6mwithin the sector's middle half▲ 8.5%€1.8mabove the sector's middle half▲ 12.7%€2.2mabove the sector's middle half▲ 18.2%€2.6mabove the sector's middle half▲ 18.8%€2.0m▼ 22.2%
Debt€349,592▲ 15.3%€286,298▼ 18.1%€361,864▲ 26.4%€406,639▲ 12.4%€304,949▼ 25.0%
Working capital€1.3mabove the sector's middle half▲ 3.2%€1.3mabove the sector's middle half▼ 3.6%€1.6mabove the sector's middle half▲ 25.4%€2.0mabove the sector's middle half▲ 28.7%€1.5m▼ 28.6%
Solvency78.5%above the sector's middle half▼ 1.3pp84.3%above the sector's middle half▲ 5.9pp83.3%above the sector's middle half▼ 1.1pp84.2%above the sector's middle half▲ 0.9pp84.7%▲ 0.6pp
Current ratio5.49above the sector's middle half▼ 1.796.97above the sector's middle half▲ 1.487.95above the sector's middle half▲ 0.9811.86above the sector's middle half▲ 3.918.13▼ 3.73
Return on assets (ROA)20.7%above the sector's middle half▲ 1.7pp14.7%within the sector's middle half▼ 6.0pp16.5%within the sector's middle half▲ 1.8pp14.1%within the sector's middle half▼ 2.4pp12.7%▼ 1.4pp
Staff (FTE)1below the sector's middle half▲ 233%1below the sector's middle half=1.4within the sector's middle half▲ 40.0%2within the sector's middle half▲ 42.9%1.9▼ 5.0%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
€0€200,000€400,000Operating result 2022: €489,839€489,839Net result 2022: €335,957€335,957Operating result 2023: €410,017€410,017Net result 2023: €269,366€269,366Operating result 2024: €440,091€440,091Net result 2024: €356,899€356,899Operating result 2025: €488,805€488,805Net result 2025: €362,623€362,623Operating result 2026: €368,203€368,203Net result 2026: €253,855€253,85520222023202420252026€0€200,000€400,000Operating result 2024: €440,091€440,000Net result 2024: €356,899€357,000Operating result 2025: €488,805€489,000Net result 2025: €362,623€363,000Operating result 2026: €368,203€368,000Net result 2026: €253,855€254,000202420252026
The operating result falls in 2026; 2026 is 25% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €2.0m
Fixed assets €331,847 ▼ 0.3%
Current assets €1.7m ▼ 25.5%
Equity and liabilities €2.0m
Equity €1.7m ▼ 21.7%
Debt €304,949 ▼ 25.0%
Debt's share of the balance-sheet total falls from 15.8% to 15.3%. Equity and debt are lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€374,495▼
2025 · €497,790
Cash flow
€260,147▼
2025 · €371,608
Debt to equity
0.18▼
2025 · 0.19
ROE
15.0%▼
2025 · 16.8%
Interest coverage
521.61▼
2025 · 656.16
Debt ≤ 1 year
€205,153▲
2025 · €188,578
Income taxes
€145,864▼
2025 · €158,044
Staff costs
€96,618▼
2025 · €103,128
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.9%
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 31,370 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 · 2026 against 2025 · 51 lines
Balance sheet Code20252026
Assets
Total assets20/58€2.6m€2.0m▼
Fixed assets21/28€332,792€331,847▼
Tangible fixed assets22/27€6,002€5,008▼
Furniture and vehicles24€6,002€5,008▼
Financial fixed assets28€326,790€326,838=
Current assets29/58€2.2m€1.7m▼
Amounts receivable within one year40/41€367,879€335,891▼
Trade receivables40€324,554€332,753▲
Other amounts receivable41€43,325€3,138▼
Current investments50/53€1.0m€1.1m▲
Cash at bank and in hand54/58€818,863€224,529▼
Deferred charges and accrued income490/1€31,227€30,093▼
Equity and liabilities
Total equity and liabilities10/49€2.6m€2.0m▼
Equity10/15€2.2m€1.7m▼
Contributions10/11€14,900€14,900=
Reserves13€2.1m€1.7m▼
Tax-exempt reserves132€315,750€105,250▼
Distributable reserves133€1.8m€1.6m▼
Profit (loss) carried forward14€10,700€10,700=
Amounts payable17/49€406,639€304,949▼
Amounts payable within one year42/48€188,578€205,153▲
Trade debts44€111,789€116,556▲
Suppliers440/4€111,789€116,556▲
Taxes, remuneration and social security45€47,525€88,598▲
Taxes450/3€33,807€75,598▲
Remuneration and social security454/9€13,718€13,000▼
Other amounts payable47/48€29,264€0▼
Accrued charges and deferred income492/3€218,061€99,796▼
Income statement Code20252026
Remuneration, social security and pensions62€103,128€96,618▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,985€6,292▼
Other operating charges640/8€1,424€1,468▲
Gross operating margin9900€602,342€472,581▼
Operating profit (loss)9901€488,805€368,203▼
Financial income75/76B€32,621€32,234▼
Recurring financial income75€32,621€32,234▼
Financial charges65/66B€759€718▼
Recurring financial charges65€759€718▼
Profit (loss) for the period before taxes9903€520,667€399,720▼
Income taxes67/77€158,044€145,864▼
Profit (loss) for the period9904€362,623€253,855▼
Transfer from tax-exempt reserves789€71,200€210,500▲
Transfer to tax-exempt reserves689€105,250€0▼
Profit (loss) for the period to be appropriated9905€328,573€464,355▲
Appropriation of the result
Profit (loss) to be appropriated9906€339,273€475,055▲
Profit (loss) brought forward from the previous period14P€10,700€10,700=
Transfer from equity791/2€0€722,557▲
Transfer to equity691/2€328,573€464,355▲
To other reserves6921€328,573€464,355▲
Profit to be distributed694/7€0€722,557▲
Return on contributions (dividend)694€0€722,557▲
Social balance
Average headcount (FTE)90872.01.9▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Remuneration, social security and pensions62€44,244€40,681€92,474€103,128€96,618▼ 6.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,752€6,143€9,337€8,985€6,292▼ 30.0%
Other operating charges640/8€1,258€1,270€1,395€1,424€1,468▲ 3.1%
Gross operating margin9900€539,093€458,112€543,297€602,342€472,581▼ 21.5%
Operating profit (loss)9901€489,839€410,017€440,091€488,805€368,203▼ 24.7%
Financial income75/76B€1,897€1,797€64,693€32,621€32,234▼ 1.2%
Recurring financial income75€1,897€1,797€64,693€32,621€32,234▼ 1.2%
Financial charges65/66B€4,296€1,202-€2,902€759€718▼ 5.4%
Recurring financial charges65€4,296€1,202-€2,902€759€718▼ 5.4%
Profit (loss) for the period before taxes9903€487,440€410,613€507,686€520,667€399,720▼ 23.2%
Income taxes67/77€151,483€141,247€150,787€158,044€145,864▼ 7.7%
Profit (loss) for the period9904€335,957€269,366€356,899€362,623€253,855▼ 30.0%
Transfer from tax-exempt reserves789€124,000€106,800€35,600€71,200€210,500▲ 196%
Transfer to tax-exempt reserves689€210,500€0-€105,250€0▼ 100%
Profit (loss) for the period to be appropriated9905€249,457€376,166€392,499€328,573€464,355▲ 41.3%
Line20222023202420252026Change
Assets
Total assets20/58€1.6m€1.8m€2.2m€2.6m€2.0m▼ 22.2%
Fixed assets21/28€12,481€347,067€341,632€332,792€331,847▼ 0.3%
Tangible fixed assets22/27€12,276€21,862€14,987€6,002€5,008▼ 16.6%
Furniture and vehicles24€12,276€21,862€14,987€6,002€5,008▼ 16.6%
Financial fixed assets28€205€325,205€326,645€326,790€326,838=
Current assets29/58€1.6m€1.5m€1.8m€2.2m€1.7m▼ 25.5%
Amounts receivable within one year40/41€371,950€313,615€335,222€367,879€335,891▼ 8.7%
Trade receivables40€358,945€313,571€335,178€324,554€332,753▲ 2.5%
Other amounts receivable41€13,004€44€44€43,325€3,138▼ 92.8%
Current investments50/53€928,533€951,762€983,626€1.0m€1.1m▲ 5.7%
Cash at bank and in hand54/58€239,606€179,992€434,245€818,863€224,529▼ 72.6%
Deferred charges and accrued income490/1€70,636€36,841€67,521€31,227€30,093▼ 3.6%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.8m€2.2m€2.6m€2.0m▼ 22.2%
Equity10/15€1.3m€1.5m€1.8m€2.2m€1.7m▼ 21.7%
Contributions10/11€14,900€14,900€14,900€14,900€14,900=
Reserves13€1.2m€1.5m€1.8m€2.1m€1.7m▼ 21.9%
Non-distributable reserves130/1€1,861€0----
Reserves not available under the articles1311€1,861€0----
Tax-exempt reserves132€424,100€317,300€281,700€315,750€105,250▼ 66.7%
Distributable reserves133€822,052€1.2m€1.5m€1.8m€1.6m▼ 14.2%
Profit (loss) carried forward14€10,700€10,700€10,700€10,700€10,700=
Amounts payable17/49€349,592€286,298€361,864€406,639€304,949▼ 25.0%
Amounts payable within one year42/48€293,538€212,595€228,871€188,578€205,153▲ 8.8%
Trade debts44€211,526€188,234€119,113€111,789€116,556▲ 4.3%
Suppliers440/4€211,526€188,234€119,113€111,789€116,556▲ 4.3%
Taxes, remuneration and social security45€29,548€20,097€39,420€47,525€88,598▲ 86.4%
Taxes450/3€23,801€18,451€26,365€33,807€75,598▲ 124%
Remuneration and social security454/9€5,748€1,646€13,056€13,718€13,000▼ 5.2%
Other amounts payable47/48€52,464€4,264€70,338€29,264€0▼ 100%
Accrued charges and deferred income492/3€56,054€73,703€132,993€218,061€99,796▼ 54.2%
Line20222023202420252026Change
Profit (loss) for the period9904€335,957€269,366€356,899€362,623€253,855▼ 30.0%
+ Depreciation and write-downs630€3,752€6,143€9,337€8,985€6,292▼ 30.0%
Operating cash flow (approximation)€339,708€275,510€366,236€371,608€260,147▼ 30.0%
Investment in fixed assets (approximation)--€340,730-€3,902-€145-€5,346▼ 3,587%
Change in cash--€59,614€254,253€384,617-€594,334▼ 255%

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 2027, expected by 31-10-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
06-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial Highest result since 2019net €362,623 ▲1.6%
Net result €362,623, the highest in the series.
31-03
Financial Equity above €2mEq €2.2m ▲20.1%
7 profitable years in a row build equity to €2.2m.
2024
07-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
19-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
07-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
02-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Equity above €1mEq €1.0m ▲9.5%
2 profitable years in a row build equity to €1.0m.
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Berlare · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
320 m²
Building footprint
86 m²
Volume, LiDAR
489 m³
Parcel 42022B1173/00W000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
INTROLUTION
Donklaan 189, 9290 BerlareNACE 4521504
since 20032.133.581.613
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42022B1173/00W000 Flanders 320 m² 1 · 86 m² 9.0 m · 2 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-03-2026 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 31-03-2026 of INTROLUTION and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 8,634 EUR awarded · 8,634 EUR paid
Year Entries awardedpaid
2025 1 0 EUR1,410 EUR
2024 1 1,410 EUR0 EUR
2022 2 7,224 EUR7,224 EUR
Schemes
1 entry · 4,500 EUR · 4,500 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
3 entries · 4,134 EUR · 4,134 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 16,913 companies in sector 62100 we hold annual accounts for 8,786. 3,000 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-10-2003
Fiscal year end31-03
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0861144026
Registered 27-03-2026

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

Register as of 29 September 2026 · Peppol Directory

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