Skip to content

INVARES

Active
Private limited companyfounded 2019active for 7 yearsAdegem-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 about 277% per year across the filed financial years. Its solvency ranks better than 5% of 16,978 sector peers (NACE 68, financial year 2022). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2022, micro format

2023 annual accounts not yet filed, deadline passed on 31 July 2024 Financial year closed on 31 December 2023; filing due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 27 October 2026.

Equity
-€4,528▼ 24.9%
2021 · -€3,626
Total assets
€1,722▲ 74.5%
2021 · €987
Net result
-€902▲ 96.3%
2021 · -€24,184
Working capital
-€4,528▼ 24.9%
2021 · -€3,626
Trend over the years

2020 to 2022, 3 financial years

The operating result stays negative: a loss of €758 in 2022 against €24,059 in 2021; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€758 2022 Net result-€902 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022
Operating result€2,460--€24,059-€758▲ 96.9%
Net result€1,958within the sector's middle half--€24,184below the sector's middle half-€902within the sector's middle half▲ 96.3%
Equity€20,558within the sector's middle half--€3,626below the sector's middle half-€4,528below the sector's middle half▼ 24.9%
Total assets€24,060below the sector's middle half-€987below the sector's middle half▼ 95.9%€1,722below the sector's middle half▲ 74.5%
Debt€3,502-€4,613▲ 31.7%€6,250▲ 35.5%
Working capital€20,558within the sector's middle half--€3,626within the sector's middle half-€4,528within the sector's middle half▼ 24.9%
Solvency85.4%above the sector's middle half-
Current ratio6.87above the sector's middle half-
Return on assets (ROA)8.1%above the sector's middle half-
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2022 value · change against 2021
Debt ≤ 1 year
€6,250▲
2021 · €4,613
Ratios withheld: a balance sheet total of €1,722 is too small for a meaningful ratio.
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 · 2022 against 2021 · 26 lines
Balance sheet Code20212022
Assets
Total assets20/58€987€1,722▲
Current assets29/58€987€1,722▲
Amounts receivable within one year40/41€760€112▼
Other amounts receivable41€760€112▼
Cash at bank and in hand54/58€227€1,610▲
Equity and liabilities
Total equity and liabilities10/49€987€1,722▲
Equity10/15-€3,626-€4,528▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€22,226-€23,128▼
Amounts payable17/49€4,613€6,250▲
Amounts payable within one year42/48€4,613€6,250▲
Trade debts44€613-
Suppliers440/4€613-
Other amounts payable47/48€4,000€6,250▲
Income statement Code20212022
Other operating charges640/8€459€460▲
Gross operating margin9900-€23,600-€298▲
Operating profit (loss)9901-€24,059-€758▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€127€144▲
Recurring financial charges65€127€144▲
Profit (loss) for the period before taxes9903-€24,184-€902▲
Profit (loss) for the period9904-€24,184-€902▲
Profit (loss) for the period to be appropriated9905-€24,184-€902▲
Appropriation of the result
Profit (loss) to be appropriated9906-€22,226-€23,128▼
Profit (loss) brought forward from the previous period14P€1,958-€22,226▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,204---
Other operating charges640/8-€459€460▲ 0.2%
Gross operating margin9900€5,468-€23,600-€298▲ 98.7%
Operating profit (loss)9901€2,460-€24,059-€758▲ 96.9%
Financial income75/76B-€1--
Recurring financial income75-€1--
Financial charges65/66B-€127€144▲ 14.1%
Recurring financial charges65€0€127€144▲ 14.1%
Profit (loss) for the period before taxes9903€2,460-€24,184-€902▲ 96.3%
Income taxes67/77€502---
Profit (loss) for the period9904€1,958-€24,184-€902▲ 96.3%
Profit (loss) for the period to be appropriated9905€1,958-€24,184-€902▲ 96.3%
Line202020212022Change
Assets
Total assets20/58€24,060€987€1,722▲ 74.5%
Current assets29/58€24,060€987€1,722▲ 74.5%
Stocks and contracts in progress3€22,708---
Amounts receivable within one year40/41€605€760€112▼ 85.2%
Other amounts receivable41-€760€112▼ 85.2%
Cash at bank and in hand54/58€746€227€1,610▲ 609%
Equity and liabilities
Total equity and liabilities10/49€24,060€987€1,722▲ 74.5%
Equity10/15€20,558-€3,626-€4,528▼ 24.9%
Contributions10/11-€18,600€18,600=
Profit (loss) carried forward14€1,958-€22,226-€23,128▼ 4.1%
Amounts payable17/49€3,502€4,613€6,250▲ 35.5%
Amounts payable within one year42/48€3,502€4,613€6,250▲ 35.5%
Trade debts44-€613--
Suppliers440/4-€613--
Other amounts payable47/48-€4,000€6,250▲ 56.3%
Line202020212022Change
Profit (loss) for the period9904€1,958-€24,184-€902▲ 96.3%
+ Depreciation and write-downs630€2,204---
Operating cash flow (approximation)€4,162-€24,184-€902▲ 96.3%
Change in cash--€520€1,383-

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

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2022 micro format 31-08-2023 2023-00398343
31-12-2021 micro format 18-08-2022 2022-20294067
31-12-2020 micro format 31-08-2021 2021-63400079

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 3,677 active companies whose main activity is property management for co-owned buildings (syndics) (NACE 68321), figures are known for 1,394. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.