INVARES

Active

Private limited companyfounded 20197 years activeAdegem-Dorp 49, 9991 Maldegem, BelgiumKBO/BCE: BE 0718.675.770

Summary

The computed 12-month bankruptcy probability of INVARES is 4.3% (elevated). For INVARES, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€4,528) and a net result of -€902. Equity is shrinking by ~277% per year across the filed fiscal years. Its solvency ranks better than 5% of 17,227 sector peers (NACE 68, fiscal year 2022). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

INVARESActive

Risk analysis Report Compare

Activity

Property management for co-owned buildings (syndics)

NACE 68321

1 site

Size

€1,722total assets 2022

Equity: -€4,528
Loss: -€902

Turnover not published (abridged schema)

Financial health

Bankruptcy probability, 12 months: 4.3%

2022 figures too old to score

Structure

Accounts 798 days overdue0 of 3 deeds read

Signals- Figures for FY 2022 (filed 31-08-2023)- 3 financial years not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late- Founded in 2019- Two or more financial years not filed+ Sector Real estate activities (NACE 68)Filed after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Weak

Solvency 0=

equity -263.0% of total assets

Liquidity 50+21

short-term debt 363.0% · cash 93.5%

Profitability 0=

return on assets -52.4%

Bankruptcy probability, 12 months

4.3% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,530 companies)

Last 24 months 11-2024: 3.1% 12-2024: 3.8%▲ +0.7 percentage points vs 11-2024 01-2025: 5.0%▲ +1.2 percentage points vs 12-2024 02-2025: 5.1%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 2.9%▼ -2.2 percentage points vs 02-2025 04-2025: 2.7%▼ -0.2 percentage points vs 03-2025 05-2025: 2.7%● unchanged vs 04-2025 06-2025: 2.6%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 2.6%● unchanged vs 06-2025lowest value 08-2025: 3.8%▲ +1.2 percentage points vs 07-2025 09-2025: 4.3%▲ +0.5 percentage points vs 08-2025 10-2025: 4.3%● unchanged vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.3%● unchanged vs 12-2025 02-2026: 4.3%● unchanged vs 01-2026 03-2026: 4.3%● unchanged vs 02-2026 04-2026: 4.4%▲ +0.1 percentage points vs 03-2026 05-2026: 4.4%● unchanged vs 04-2026 06-2026: 4.4%● unchanged vs 05-2026 07-2026: 4.4%● unchanged vs 06-2026 08-2026: 4.1%▼ -0.3 percentage points vs 07-2026 09-2026: 4.2%▲ +0.1 percentage points vs 08-2026 10-2026: 4.3%▲ +0.1 percentage points vs 09-2026

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Signals

Six signals.

−lowers risk+raises risk○neutral

Figures for FY 2022 (filed 31-08-2023)

NBB · annual accounts

3 financial years not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late

NBB · filings

Sector Real estate activities (NACE 68)

KBO

Founded in 2019

How long the company has existed counts in the probability; how much depends on the rest of its profile.

KBO

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 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

31-12-2023 close31-07-2024 deadline07-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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

not filed

2022

31 days late

2021

18 days late

2020

31 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

Checked from 2021 on.

KBO publications · our coverage

31-08-2023 Annual accounts filedfiscal year 2022 · micro…
18-08-2022 Annual accounts filedfiscal year 2021 · micro…
31-12-2021 Weakest financial yearnet -€24,184

Key points

Risk: Accounts not fileddeadline was 31-07-2024 798 days late View
Risk: Negative equityfiscal year 2022: debts exceed assets -€4,528 View
Caution: Among the weakest 5% on solvencysector median 31.5% · 17,227 companies -263.0% View
Caution: 2 loss-making years in a rowloss fiscal year 2022 -€902 View