intuEdrive
ActiveSummary
The computed 12-month bankruptcy probability of intuEdrive is 1.9% (moderate). The 2025 annual accounts show equity of €2.6m and a net result of -€591,831. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 37 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability11▲+11
Solvency74▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.92 in 2024; short-term debt: 47.9% and cash: 2.2% of total assets), and 50.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 30
Relative position
BE, all sectors
reference
Manufacture of other transport equipment (NACE 30)
about 67% more 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 2025Solvency, return and age of the figures
Solvency
49.4%
Return on assets
-11.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€591,831
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 05-06-2026, 56 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
56 d early
2024
64 d early
2023
51 d early
2022
11 d early
2021
16 d early
2020
26 d late
2019
on the day
← 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 25 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 fastest grower in Belgium, Other transport equipment sector#10 employer in Bierbeek
Equity
€2.6m▼ 18.4%
2024 · €3.2m
Total assets
€5.3m▼ 2.4%
2024 · €5.5m
Net result
-€591,831▲ 69.3%
2024 · -€1.9m
Working capital
€1.0m▼ 42.3%
2024 · €1.8m
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
Line20212022202320242025
Operating result-€531,862▲ 59.5%-€88,174▲ 83.4%-€1.7m▼ 1,806%-€1.9m▼ 12.2%-€482,211▲ 74.4%
Net result-€606,089▲ 55.2%-€249,010▲ 58.9%-€1.8m▼ 606%-€1.9m▼ 9.6%-€591,831▲ 69.3%
Equity-€130,244-€379,255▼ 191%€2.6m€3.2m▲ 21.6%€2.6m▼ 18.4%
Total assets€2.0m▲ 54.8%€3.3m▲ 62.4%€4.7m▲ 42.6%€5.5m▲ 15.5%€5.3m▼ 2.4%
Debt€2.2m▲ 158%€3.7m▲ 70.1%€2.1m▼ 43.8%€2.2m▲ 7.6%€2.7m▲ 20.6%
Working capital€1.5m▲ 94.3%€1.3m▼ 14.9%€1.5m▲ 21.4%€1.8m▲ 13.4%€1.0m▼ 42.3%
Staff (FTE)6▲ 71.4%10.5▲ 75.0%16▲ 52.4%24.6▲ 53.8%21.4▼ 13.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +69% on 2024. Cause not known from the registers.
- 2024 Staff (FTE) +54% on 2023. Cause not known from the registers.
- 2023 Net result -606%, Staff (FTE) +52% on 2022. Cause not known from the registers.
- 2022 Net result +59% on 2021. The accounts now follow the abbreviated schema, last year the micro schema.
- 2022 Equity -191%, Total assets +62% on 2021. Cause not known from the registers.
- 2021 Net result +55% on 2020. The previous fiscal year ran 21 months, this one 12.
- 2021 Total assets +55% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €482,211 in 2025 against €1.9m in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.3m
Fixed assets
€1.7m ▼ 0.3%
Current assets
€3.6m ▼ 3.0%
Equity and liabilities €5.3m
Equity
€2.6m ▼ 18.4%
Debt
€2.7m ▲ 20.6%
Debt's share of the balance-sheet total rises from 40.9% to 50.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€99,196▲
2024 · -€1.4m
Cash flow
-€10,425▲
2024 · -€1.5m
Current ratio
1.40▼
2024 · 1.92
Quick ratio
0.37▼
2024 · 0.54
Debt to equity
1.02▲
2024 · 0.69
ROE
-22.5%▲
2024 · -59.9%
ROA
-11.1%▲
2024 · -35.4%
Interest coverage
0.70▲
2024 · -15.53
Debt ≤ 1 year
€2.5m▲
2024 · €1.9m
Debt > 1 year
€112,498▼
2024 · €156,995
Income taxes
-€11,545▲
2024 · -€24,943
Staff costs
€1.6m▼
2024 · €1.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 224 companies that looked in July 2024 the way this one looks now, 4.0% went bankrupt within 24 months and 88% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
4.0%
went bankrupt
7.1%
stopped otherwise
88%
still going
A further 0.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 224 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €21,172 | €20,969 | ▼ 1.0% |
| Remuneration, social security and pensions62 | €298,526 | €521,323 | €1.0m | €1.7m | €1.6m | ▼ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62,309 | €73,685 | €274,636 | €457,555 | €581,407 | ▲ 27.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €30,522 | -€20,088 | -€10,434 | ▲ 48.1% |
| Other operating charges640/8 | €52,020 | €40,513 | €60,563 | €43,088 | €105,637 | ▲ 145% |
| Non-recurring operating charges66A | - | - | - | €26,697 | €0 | ▼ 100% |
| Gross operating margin9900 | -€119,006 | €547,347 | -€292,861 | €288,907 | €1.8m | ▲ 517% |
| Operating profit (loss)9901 | -€531,862 | -€88,174 | -€1.7m | -€1.9m | -€482,211 | ▲ 74.4% |
| Financial income75/76B | €5,398 | €6,817 | €18,348 | €25,089 | €21,049 | ▼ 16.1% |
| Recurring financial income75 | €5,398 | €6,817 | €18,348 | €25,089 | €21,049 | ▼ 16.1% |
| Financial charges65/66B | €79,566 | €167,538 | €123,712 | €91,983 | €142,214 | ▲ 54.6% |
| Recurring financial charges65 | €79,566 | €167,538 | €123,712 | €91,983 | €142,214 | ▲ 54.6% |
| Profit (loss) for the period before taxes9903 | -€606,030 | -€248,895 | -€1.8m | -€2.0m | -€603,376 | ▲ 69.1% |
| Income taxes67/77 | €59 | €116 | -€27,842 | -€24,943 | -€11,545 | ▲ 53.7% |
| Profit (loss) for the period9904 | -€606,089 | -€249,010 | -€1.8m | -€1.9m | -€591,831 | ▲ 69.3% |
| Profit (loss) for the period to be appropriated9905 | -€606,089 | -€249,010 | -€1.8m | -€1.9m | -€591,831 | ▲ 69.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €3.3m | €4.7m | €5.5m | €5.3m | ▼ 2.4% |
| Formation expenses20 | €4,498 | €2,933 | €70,873 | €60,194 | €43,082 | ▼ 28.4% |
| Fixed assets21/28 | €215,286 | €682,712 | €1.3m | €1.7m | €1.7m | ▼ 0.3% |
| Intangible fixed assets21 | €51,978 | €387,125 | €877,240 | €1.2m | €1.4m | ▲ 18.3% |
| Tangible fixed assets22/27 | €160,058 | €292,287 | €427,545 | €528,230 | €300,570 | ▼ 43.1% |
| Plant, machinery and equipment23 | €106,831 | €152,358 | €155,161 | €109,017 | €68,428 | ▼ 37.2% |
| Furniture and vehicles24 | €48,021 | €24,318 | €24,389 | €76,290 | €57,129 | ▼ 25.1% |
| Other tangible fixed assets26 | €5,206 | €115,611 | €247,995 | €342,923 | €175,014 | ▼ 49.0% |
| Financial fixed assets28 | €3,250 | €3,300 | €8,200 | €13,480 | €20,674 | ▲ 53.4% |
| Current assets29/58 | €1.8m | €2.6m | €3.3m | €3.7m | €3.6m | ▼ 3.0% |
| Stocks and contracts in progress3 | €865,118 | €1.7m | €2.6m | €2.6m | €2.6m | ▼ 1.2% |
| Stocks30/36 | €807,918 | €1.4m | €2.4m | €2.4m | €2.3m | ▼ 5.2% |
| Contracts in progress37 | €57,200 | €211,057 | €244,326 | €224,413 | €317,740 | ▲ 41.6% |
| Amounts receivable within one year40/41 | €605,040 | €759,725 | €430,202 | €758,659 | €800,401 | ▲ 5.5% |
| Trade receivables40 | €604,977 | €759,285 | €399,028 | €699,871 | €733,359 | ▲ 4.8% |
| Other amounts receivable41 | €63 | €439 | €31,174 | €58,788 | €67,042 | ▲ 14.0% |
| Cash at bank and in hand54/58 | €332,232 | €40,974 | €162,962 | €243,662 | €118,861 | ▼ 51.2% |
| Deferred charges and accrued income490/1 | €16,515 | €167,504 | €126,705 | €27,562 | €32,509 | ▲ 17.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €3.3m | €4.7m | €5.5m | €5.3m | ▼ 2.4% |
| Equity10/15 | -€130,244 | -€379,255 | €2.6m | €3.2m | €2.6m | ▼ 18.4% |
| Contributions10/11 | €2.2m | €2.2m | €7.0m | €9.5m | €9.5m | = |
| Profit (loss) carried forward14 | -€2.3m | -€2.5m | -€4.3m | -€6.2m | -€6.8m | ▼ 9.5% |
| Amounts payable17/49 | €2.2m | €3.7m | €2.1m | €2.2m | €2.7m | ▲ 20.6% |
| Amounts payable after more than one year17 | €1.8m | €2.2m | €147,932 | €156,995 | €112,498 | ▼ 28.3% |
| Financial debts170/4 | €1.8m | €2.2m | €97,932 | €106,995 | €62,498 | ▼ 41.6% |
| Other amounts payable178/9 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Amounts payable within one year42/48 | €321,448 | €1.3m | €1.8m | €1.9m | €2.5m | ▲ 33.0% |
| Current portion of amounts payable after more than one year42 | €61,718 | €638,954 | €364,148 | €433,352 | €507,950 | ▲ 17.2% |
| Financial debts43 | - | €299,866 | €950,000 | €600,000 | €1.2m | ▲ 103% |
| Credit institutions430/8 | - | €299,866 | - | - | - | - |
| Other loans439 | - | - | €950,000 | €600,000 | €1.2m | ▲ 103% |
| Trade debts44 | €204,651 | €279,688 | €357,715 | €676,278 | €550,528 | ▼ 18.6% |
| Suppliers440/4 | €204,651 | €279,688 | €357,715 | €676,278 | €550,528 | ▼ 18.6% |
| Advances received on contracts in progress46 | - | €2,783 | - | - | - | - |
| Taxes, remuneration and social security45 | €50,976 | €120,592 | €117,611 | €204,735 | €267,144 | ▲ 30.5% |
| Taxes450/3 | €19,863 | €62,276 | €7,124 | €22,558 | €63,417 | ▲ 181% |
| Remuneration and social security454/9 | €31,113 | €58,317 | €110,488 | €182,177 | €203,727 | ▲ 11.8% |
| Other amounts payable47/48 | €4,103 | €8,027 | €284 | €284 | €284 | = |
| Accrued charges and deferred income492/3 | €35,617 | €121,711 | €136,189 | €159,965 | €33,142 | ▼ 79.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€606,089 | -€249,010 | -€1.8m | -€1.9m | -€591,831 | ▲ 69.3% |
| + Depreciation and write-downs630 | €62,309 | €73,685 | €274,636 | €457,555 | €581,407 | ▲ 27.1% |
| Operating cash flow (approximation) | -€543,779 | -€175,326 | -€1.5m | -€1.5m | -€10,425 | ▲ 99.3% |
| Investment in fixed assets (approximation) | - | -€541,111 | -€904,909 | -€865,496 | -€576,967 | ▲ 33.3% |
| Change in cash | - | -€291,258 | €121,987 | €80,701 | -€124,801 | ▼ 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.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€1.9m
Net result drops to -€1.9m, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2mEq €2.6m
Equity rises from -€379,255 to €2.6m.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 3.51
Current ratio from 1.10 to 3.51.
31-12
Financial
Equity above €200,000Eq €475,844
Equity rises from -€106,739 to €475,844.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Bierbeek · 4 establishment units since 2018
Ground area
35.4 ha
Building footprint
1.3 ha
Volume, LiDAR
88,089 m³
4 parcels, Flanders · tallest building 26.1 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
4 establishment units
iEd
since 20182.273.110.668
Ellio Tessenderlo
since 20232.346.854.028
Elio Hub Antwerpen
since 20232.346.854.127
Ellio Hub Gent
since 20242.362.595.544
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0050/00D004 | Flanders | 32.6 ha | 1 · 5,507 m² | 26.1 m · 2 fl. |
| 71363C0105/00S002 | Flanders | 1.4 ha | 1 · 5,219 m² | 8.7 m · 2 fl. |
| 24053B0168/00G000 | Flanders | 7,234 m² | 1 · 533 m² | 12.8 m · 3 fl. |
| 44412C0252/00X000 | Flanders | 6,114 m² | 1 · 1,904 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
4 ownersOwners 4
-
28.79%
-
14.86%
-
11.12%
-
6.03%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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 · 15 entries · 400,576 EUR awarded · 399,076 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 13,089 EUR | 11,989 EUR |
| 2024 | 4 | -25,606 EUR | 85,637 EUR |
| 2023 | 4 | 42,481 EUR | 300,381 EUR |
| 2022 | 2 | 370,612 EUR | 1,069 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
699400WVV9FR5HFFSE23
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TEMEKA
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Sankt Vith · Eq €286,418
Of 22 companies in sector 30910 we hold annual accounts for 16. 3 are within a factor 10 of this equity. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-01-2018
Fiscal year end31-12
Abbreviation NL
iEd
Activities, NACEBEL 2025
30910Manufacture of other transport equipment
30920Manufacture of other transport equipment
26110Manufacture of computer, electronic and optical products
47120Other non-specialised retail sale
47632Retail sale of bicycles
47830Retail sale of motorcycles and motorcycle parts and accessories
E-invoicing
Reachable via Peppol
Peppol ID
0208:0687717132
Also
9925:BE0687717132
Registered
30-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.