Invasco
ActiveSummary
For Invasco, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €64,122 and a net result of -€52,916. Equity is shrinking by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 19374 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability0▼-83
Solvency56▼-8
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.6%
Return on assets
-25.2%
Age of the figures
27 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 241 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 31-12-2025, 334 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
334 d late
2023
426 d late
2022
21 d late
2021
10 d late
2020
375 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 194 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)
History
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Financials · fiscal year 2024, micro schema
Equity
€64,122▼ 45.2%
2023 · €117,038
Total assets
€209,591▼ 31.0%
2023 · €303,577
Net result
-€52,916
2023 · €35,138
Working capital
-€45,986▼ 1,049%
2023 · -€4,002
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line20202021202220232024
Operating result-€46,045-€32,635▲ 29.1%-€16,411▲ 49.7%€35,392-€52,676
Net result-€55,359below the sector's middle half-€39,603below the sector's middle half▲ 28.5%-€22,539below the sector's middle half▲ 43.1%€35,138above the sector's middle half-€52,916below the sector's middle half
Equity€144,041within the sector's middle half▼ 27.8%€104,438within the sector's middle half▼ 27.5%€81,900within the sector's middle half▼ 21.6%€117,038within the sector's middle half▲ 42.9%€64,122within the sector's middle half▼ 45.2%
Total assets€435,998within the sector's middle half▼ 14.7%€366,321within the sector's middle half▼ 16.0%€338,857within the sector's middle half▼ 7.5%€303,577within the sector's middle half▼ 10.4%€209,591within the sector's middle half▼ 31.0%
Debt€291,957▼ 6.4%€261,883▼ 10.3%€256,958▼ 1.9%€186,539▼ 27.4%€145,469▼ 22.0%
Working capital€13,666within the sector's middle half▼ 57.1%€7,427within the sector's middle half▼ 45.6%-€19,636within the sector's middle half-€4,002within the sector's middle half▲ 79.6%-€45,986within the sector's middle half▼ 1,049%
Solvency33.0%within the sector's middle half▼ 6.0pp28.5%within the sector's middle half▼ 4.5pp24.2%within the sector's middle half▼ 4.3pp38.6%within the sector's middle half▲ 14.4pp30.6%within the sector's middle half▼ 8.0pp
Current ratio1.09within the sector's middle half▼ 0.111.06within the sector's middle half▼ 0.030.86within the sector's middle half▼ 0.200.98within the sector's middle half▲ 0.120.68within the sector's middle half▼ 0.29
Return on assets (ROA)-12.7%below the sector's middle half▼ 13.1pp-10.8%below the sector's middle half▲ 1.9pp-6.7%below the sector's middle half▲ 4.2pp11.6%above the sector's middle half▲ 18.2pp-25.2%below the sector's middle half▼ 36.8pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €52,676 after €35,392 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €209,591
Fixed assets
€110,109 ▼ 9.0%
Current assets
€99,483 ▼ 45.5%
Equity and liabilities €209,591
Equity
€64,122 ▼ 45.2%
Debt
€145,469 ▼ 22.0%
Debt's share of the balance-sheet total rises from 61.4% to 69.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€40,315▼
2023 · €48,620
Cash flow
-€40,554▼
2023 · €48,367
Quick ratio
0.66▼
2023 · 0.97
Debt to equity
2.27▲
2023 · 1.59
ROE
-82.5%▼
2023 · 30.0%
Interest coverage
-56.64▼
2023 · 43.08
Debt ≤ 1 year
€145,469▼
2023 · €186,539
Income taxes
€473▲
2023 · -€131
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €52,288 | - | - |
| Remuneration, social security and pensions62 | - | - | €2,008 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,045 | €40,440 | €9,626 | €13,228 | €12,361 | ▼ 6.6% |
| Other operating charges640/8 | - | - | €3,075 | €841 | €567 | ▼ 32.7% |
| Gross operating margin9900 | €9,397 | €12,050 | -€1,703 | €49,462 | -€39,748 | ▼ 180% |
| Operating profit (loss)9901 | -€46,045 | -€32,635 | -€16,411 | €35,392 | -€52,676 | ▼ 249% |
| Financial income75/76B | - | - | €1,464 | €743 | €945 | ▲ 27.1% |
| Recurring financial income75 | €587 | €621 | €1,464 | €743 | €945 | ▲ 27.1% |
| Financial charges65/66B | - | - | €7,592 | €1,129 | €712 | ▼ 36.9% |
| Recurring financial charges65 | €7,842 | €7,590 | €7,592 | €1,129 | €712 | ▼ 36.9% |
| Profit (loss) for the period before taxes9903 | -€53,300 | -€39,603 | -€22,539 | €35,007 | -€52,443 | ▼ 250% |
| Income taxes67/77 | €2,060 | - | - | -€131 | €473 | ▲ 460% |
| Profit (loss) for the period9904 | -€55,359 | -€39,603 | -€22,539 | €35,138 | -€52,916 | ▼ 251% |
| Profit (loss) for the period to be appropriated9905 | -€55,359 | -€39,603 | -€22,539 | €35,138 | -€52,916 | ▼ 251% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €435,998 | €366,321 | €338,857 | €303,577 | €209,591 | ▼ 31.0% |
| Fixed assets21/28 | €268,338 | €227,898 | €218,272 | €121,040 | €110,109 | ▼ 9.0% |
| Intangible fixed assets21 | €79,387 | €69,464 | €69,464 | €59,665 | €59,665 | = |
| Tangible fixed assets22/27 | €188,951 | €158,434 | €148,809 | €61,374 | €50,443 | ▼ 17.8% |
| Land and buildings22 | - | - | €140,079 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €2,458 | €1,946 | ▼ 20.8% |
| Furniture and vehicles24 | - | - | €8,730 | €58,916 | €48,497 | ▼ 17.7% |
| Current assets29/58 | €167,661 | €138,423 | €120,585 | €182,537 | €99,483 | ▼ 45.5% |
| Stocks and contracts in progress3 | - | - | €2,430 | €2,430 | €2,809 | ▲ 15.6% |
| Stocks30/36 | - | - | €2,430 | €2,430 | €2,809 | ▲ 15.6% |
| Amounts receivable within one year40/41 | €93,559 | €59,834 | €37,973 | €150,248 | €28,639 | ▼ 80.9% |
| Trade receivables40 | - | - | €37,469 | €127,667 | - | - |
| Other amounts receivable41 | - | - | €504 | €22,581 | €28,639 | ▲ 26.8% |
| Current investments50/53 | €29,795 | €29,859 | €29,859 | €29,859 | €29,859 | = |
| Cash at bank and in hand54/58 | €40,421 | €48,731 | €50,323 | - | €37,508 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €669 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €435,998 | €366,321 | €338,857 | €303,577 | €209,591 | ▼ 31.0% |
| Equity10/15 | €144,041 | €104,438 | €81,900 | €117,038 | €64,122 | ▼ 45.2% |
| Contributions10/11 | - | - | €6,200 | €8,060 | €8,060 | = |
| Reserves13 | €137,841 | €98,238 | €75,700 | €108,978 | €108,978 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | - | €17,556 | €17,556 | €17,556 | = |
| Distributable reserves133 | - | - | €56,284 | €91,422 | €91,422 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€52,916 | - |
| Amounts payable17/49 | €291,957 | €261,883 | €256,958 | €186,539 | €145,469 | ▼ 22.0% |
| Amounts payable after more than one year17 | €137,962 | €130,887 | €116,737 | - | - | - |
| Financial debts170/4 | - | - | €116,737 | - | - | - |
| Amounts payable within one year42/48 | €153,995 | €130,996 | €140,221 | €186,539 | €145,469 | ▼ 22.0% |
| Current portion of amounts payable after more than one year42 | - | - | €14,150 | - | - | - |
| Financial debts43 | - | - | - | €19,245 | - | - |
| Credit institutions430/8 | - | - | - | €19,245 | - | - |
| Trade debts44 | €6,033 | €1,280 | €6,477 | €49,908 | €35,299 | ▼ 29.3% |
| Suppliers440/4 | - | - | €6,477 | €49,908 | €35,299 | ▼ 29.3% |
| Advances received on contracts in progress46 | - | - | €12,276 | €12,276 | €1,147 | ▼ 90.7% |
| Taxes, remuneration and social security45 | - | - | €12,074 | €28,202 | €32,675 | ▲ 15.9% |
| Taxes450/3 | - | - | €12,074 | €28,202 | €32,675 | ▲ 15.9% |
| Other amounts payable47/48 | - | - | €95,244 | €76,907 | €76,348 | ▼ 0.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€55,359 | -€39,603 | -€22,539 | €35,138 | -€52,916 | ▼ 251% |
| + Depreciation and write-downs630 | €50,045 | €40,440 | €9,626 | €13,228 | €12,361 | ▼ 6.6% |
| Operating cash flow (approximation) | -€5,315 | €837 | -€12,913 | €48,367 | -€40,554 | ▼ 184% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €84,004 | -€1,430 | ▼ 102% |
| Change in cash | - | €8,310 | €1,592 | - | - | - |
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
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 334 days late
01-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 426 days late
2023
30-06
Financial
Back to profitnet €35,138
Net result €35,138 after 3 loss-making years.
30-06
Financial
Equity above €100,000Eq €117,038 ▲42.9%
Equity rises from €81,900 to €117,038.
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 375 days late
2020
30-06
Financial
Weakest financial yearnet -€55,359
Net result drops to -€55,359, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Maldegem · 1 establishment unit since 2006
Ground area
672 m²
Building footprint
338 m²
Volume, LiDAR
2,161 m³
Parcel 43001H0210/00F000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Invasco
since 20062.152.655.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43001H0210/00F000 | Flanders | 672 m² | 1 · 338 m² | 11.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,029 EUR awarded · 1,029 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 471 EUR | 471 EUR |
| 2024 | 1 | 241 EUR | 241 EUR |
| 2023 | 1 | 249 EUR | 249 EUR |
| 2022 | 1 | 68 EUR | 68 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
875500AK8GF2S1WA4N94
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Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. 5,029 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
Founded08-03-2006
Fiscal year end30-06
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0879821771
Also
9925:BE0879821771
Registered
13-02-2024
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.