Invertice
ActiveSummary
Invertice has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €862,495 and a net result of €116,323. Equity is growing by ~36.2% per year across the filed fiscal years. Its solvency ranks better than 79% of 18626 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+31
Solvency94▲+1
Growth85=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 2.42 against 2.16 in 2024; short-term debt: 30.5% and cash: 12.5% of total assets), and 30.6% of the assets are financed with debt.
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Signals
Three 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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
69.4%
Return on assets
9.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 7 filingsDeviation from the deadline
2025
24 d late
2024
22 d late
2023
1 d early
2022
33 d early
2021
7 d early
2020
19 d late
2019
4 d late
← 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 4 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#4 company by equity in Meerhout, Wholesale and retail trade sector#6 company by total assets in Meerhout, Wholesale and retail trade sector
Turnover
€428,614▲ 157%
2021 · €166,682
EBIT margin
62.6%▲ 10.7pp
2021 · 52.0%
Net result
€116,323▲ 123%
2024 · €52,075
Working capital
€539,131▲ 34.0%
2024 · €402,350
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20212022202320242025
Turnover€166,682▲ 8.4%€428,614▲ 157%
Operating result€86,597▲ 41.0%€268,378▲ 210%€430,070▲ 60.2%€74,138▼ 82.8%€175,373▲ 137%
Net result€51,486above the sector's middle half▲ 27.1%€180,898above the sector's middle half▲ 251%€304,292above the sector's middle half▲ 68.2%€52,075above the sector's middle half▼ 82.9%€116,323above the sector's middle half▲ 123%
EBIT margin52.0%▲ 12.0pp62.6%▲ 10.7pp
Equity€208,907above the sector's middle half▲ 32.7%€389,805above the sector's middle half▲ 86.6%€694,097above the sector's middle half▲ 78.1%€746,171above the sector's middle half▲ 7.5%€862,495above the sector's middle half▲ 15.6%
Total assets€325,357above the sector's middle half▲ 26.0%€570,324above the sector's middle half▲ 75.3%€825,069above the sector's middle half▲ 44.7%€1.1mabove the sector's middle half▲ 32.4%€1.2mabove the sector's middle half▲ 13.7%
Debt€116,450▲ 15.5%€180,519▲ 55.0%€130,973▼ 27.4%€346,396▲ 164%€380,028▲ 9.7%
Working capital€206,749above the sector's middle half▲ 33.4%€388,510above the sector's middle half▲ 87.9%€694,038above the sector's middle half▲ 78.6%€402,350above the sector's middle half▼ 42.0%€539,131above the sector's middle half▲ 34.0%
Solvency64.2%above the sector's middle half▲ 3.3pp68.3%above the sector's middle half▲ 4.1pp84.1%above the sector's middle half▲ 15.8pp68.3%above the sector's middle half▼ 15.8pp69.4%above the sector's middle half▲ 1.1pp
Current ratio2.78above the sector's middle half▲ 0.243.16above the sector's middle half▲ 0.386.33above the sector's middle half▲ 3.172.16within the sector's middle half▼ 4.172.42within the sector's middle half▲ 0.26
Return on assets (ROA)15.8%above the sector's middle half▲ 0.1pp31.7%above the sector's middle half▲ 15.9pp36.9%above the sector's middle half▲ 5.2pp4.8%within the sector's middle half▼ 32.1pp9.4%within the sector's middle half▲ 4.6pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2024 Net result -83% on 2023. This fiscal year ran 18 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 137% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€323,907 ▼ 5.8%
Current assets
€918,616 ▲ 22.7%
Equity and liabilities €1.2m
Equity
€862,495 ▲ 15.6%
Debt
€380,028 ▲ 9.7%
Debt's share of the balance-sheet total falls from 31.7% to 30.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€199,832▲
2024 · €97,632
Cash flow
€140,782▲
2024 · €75,568
Quick ratio
0.54▼
2024 · 0.55
Debt to equity
0.44▼
2024 · 0.46
ROE
13.5%▲
2024 · 7.0%
Interest coverage
257.68▲
2024 · -42.60
Debt ≤ 1 year
€379,485▲
2024 · €346,396
Income taxes
€58,276▲
2024 · €24,788
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.7%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% 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%.
| 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 6,781 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €166,682 | €428,614 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €172,377 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,305 | €1,231 | €1,047 | €23,494 | €24,459 | ▲ 4.1% |
| Other operating charges640/8 | - | €450 | €457 | €1,193 | €520 | ▼ 56.4% |
| Gross operating margin9900 | €88,351 | €270,059 | €431,573 | €98,824 | €200,351 | ▲ 103% |
| Operating profit (loss)9901 | €86,597 | €268,378 | €430,070 | €74,138 | €175,373 | ▲ 137% |
| Financial income75/76B | - | €350 | €121 | €433 | €2 | ▼ 99.5% |
| Recurring financial income75 | €18 | €350 | €121 | €433 | €2 | ▼ 99.5% |
| Financial charges65/66B | - | €4,571 | €5,658 | -€2,292 | €776 | ▲ 134% |
| Recurring financial charges65 | €16,488 | €4,571 | €5,658 | -€2,292 | €776 | ▲ 134% |
| Profit (loss) for the period before taxes9903 | €70,128 | €264,158 | €424,533 | €76,862 | €174,599 | ▲ 127% |
| Income taxes67/77 | €18,642 | €83,260 | €120,241 | €24,788 | €58,276 | ▲ 135% |
| Profit (loss) for the period9904 | €51,486 | €180,898 | €304,292 | €52,075 | €116,323 | ▲ 123% |
| Profit (loss) for the period to be appropriated9905 | €51,486 | €180,898 | €304,292 | €52,075 | €116,323 | ▲ 123% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €325,357 | €570,324 | €825,069 | €1.1m | €1.2m | ▲ 13.7% |
| Fixed assets21/28 | €2,718 | €1,949 | €902 | €343,822 | €323,907 | ▼ 5.8% |
| Tangible fixed assets22/27 | €2,718 | €1,949 | €902 | €343,822 | €323,907 | ▼ 5.8% |
| Land and buildings22 | - | - | - | €326,914 | €306,524 | ▼ 6.2% |
| Plant, machinery and equipment23 | - | - | €0 | €14,963 | €12,421 | ▼ 17.0% |
| Furniture and vehicles24 | - | €1,949 | €902 | €1,946 | €4,961 | ▲ 155% |
| Current assets29/58 | €322,639 | €568,375 | €824,167 | €748,745 | €918,616 | ▲ 22.7% |
| Stocks and contracts in progress3 | €272,537 | €354,520 | €504,461 | €558,323 | €712,693 | ▲ 27.6% |
| Stocks30/36 | - | €354,520 | €504,461 | €558,323 | €712,693 | ▲ 27.6% |
| Amounts receivable within one year40/41 | €8,409 | €1,004 | €63,363 | €83,715 | €50,344 | ▼ 39.9% |
| Trade receivables40 | - | €496 | €3,058 | €64 | €2,126 | ▲ 3,222% |
| Other amounts receivable41 | - | €508 | €60,305 | €83,651 | €48,218 | ▼ 42.4% |
| Cash at bank and in hand54/58 | €41,694 | €212,750 | €256,241 | €106,606 | €155,579 | ▲ 45.9% |
| Deferred charges and accrued income490/1 | - | €101 | €101 | €101 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €325,357 | €570,324 | €825,069 | €1.1m | €1.2m | ▲ 13.7% |
| Equity10/15 | €208,907 | €389,805 | €694,097 | €746,171 | €862,495 | ▲ 15.6% |
| Contributions10/11 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Capital10 | - | €80,000 | €80,000 | - | - | - |
| Issued capital100 | - | €80,000 | €80,000 | - | - | - |
| Reserves13 | - | €180,898 | €485,190 | €537,265 | €653,588 | ▲ 21.7% |
| Non-distributable reserves130/1 | - | €180,898 | €485,190 | €537,265 | - | - |
| Other1319 | - | €180,898 | €485,190 | €537,265 | - | - |
| Distributable reserves133 | - | - | - | - | €653,588 | - |
| Profit (loss) carried forward14 | €128,907 | €128,907 | €128,907 | €128,907 | €128,907 | = |
| Amounts payable17/49 | €116,450 | €180,519 | €130,973 | €346,396 | €380,028 | ▲ 9.7% |
| Amounts payable within one year42/48 | €115,890 | €179,865 | €130,129 | €346,396 | €379,485 | ▲ 9.6% |
| Trade debts44 | €5,791 | €4,967 | €0 | €1,242 | €1,016 | ▼ 18.2% |
| Suppliers440/4 | - | €4,967 | - | €1,242 | €1,016 | ▼ 18.2% |
| Taxes, remuneration and social security45 | - | €84,442 | €32,114 | €36,026 | €58,528 | ▲ 62.5% |
| Taxes450/3 | - | €84,442 | €32,114 | €36,026 | €58,528 | ▲ 62.5% |
| Other amounts payable47/48 | - | €90,456 | €98,015 | €309,127 | €319,941 | ▲ 3.5% |
| Accrued charges and deferred income492/3 | - | €654 | €844 | €0 | €543 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,486 | €180,898 | €304,292 | €52,075 | €116,323 | ▲ 123% |
| + Depreciation and write-downs630 | €1,305 | €1,231 | €1,047 | €23,494 | €24,459 | ▲ 4.1% |
| Operating cash flow (approximation) | €52,791 | €182,129 | €305,338 | €75,568 | €140,782 | ▲ 86.3% |
| Investment in fixed assets (approximation) | - | -€462 | €0 | -€366,413 | -€4,544 | ▲ 98.8% |
| Change in cash | - | €171,056 | €43,491 | -€149,635 | €48,973 | ▲ 133% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €304,292 ▲68.2%
Operating result €430,070, net result €304,292, both a record.
30-06
Financial
Liquidity doublescurrent ratio 6.33
Current ratio from 3.16 to 6.33; short-term debt falls from €179,865 to €130,129.
30-06
Financial
Equity above €500,000Eq €694,097 ▲78.1%
5 profitable years in a row build equity to €694,097.
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200,000Eq €208,907 ▲32.7%
3 profitable years in a row build equity to €208,907.
19-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
30-06
Financial
Equity above €150,000Eq €157,421 ▲34.6%
2 profitable years in a row build equity to €157,421.
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
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, Meerhout · 1 establishment unit since 2017
Ground area
1,855 m²
Building footprint
165 m²
Volume, LiDAR
1,004 m³
Parcel 13021B1090/00C000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Invertice
since 20172.269.219.681
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13021B1090/00C000 | Flanders | 1,855 m² | 1 · 165 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.
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Of 3,224 companies in sector 47400 we hold annual accounts for 1,808. 889 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
Founded12-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
33130Repair, maintenance and installation of machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0682846643
Also
9925:BE0682846643
Registered
12-03-2024
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.