INVIBO
ActiveSummary
INVIBO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €9k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-2
Solvency92▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.2 in 2024; short-term debt: 32.8% and cash: 58% of total assets), and 32.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 →
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
67.2%
Return on assets
9.1%
Age of the figures
12 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-05-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
18 d late
2024
34 d early
2023
32 d early
2022
37 d early
2021
31 d early
2020
31 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€64k▲ 8.8%
2024 · €59k
2018: €10klowest in 8 years
2019: €16k▲ +60.6% vs 2018
2020: €23k▲ +42.1% vs 2019
2021: €38k▲ +65.8% vs 2020
2022: €38k▲ +1.8% vs 2021
2023: €48k▲ +26.7% vs 2022
2024: €59k▲ +21.9% vs 2023
2025: €64k▲ +8.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€96k▼ 6.2%
2024 · €102k
2018: €49klowest in 8 years
2019: €50k▲ +1.8% vs 2018
2020: €61k▲ +20.7% vs 2019
2021: €119k▲ +96.7% vs 2020highest in 8 years
2022: €111k▼ -7.2% vs 2021
2023: €109k▼ -1.6% vs 2022
2024: €102k▼ -6.2% vs 2023
2025: €96k▼ -6.2% vs 2024
2018 → 2025
Net result
€9k▼ 17.7%
2024 · €11k
2018: €1k
2019: €6k▲ +403% vs 2018
2020: €7k▲ +11.7% vs 2019
2021: €15k▲ +122% vs 2020highest in 8 years
2022: €676▼ -95.5% vs 2021lowest in 8 years
2023: €10k▲ +1413% vs 2022
2024: €11k▲ +3.6% vs 2023
2025: €9k▼ -17.7% vs 2024
2018 → 2025
Working capital
€44k▲ 13.4%
2024 · €39k
2018: €8klowest in 8 years
2019: €13k▲ +75.6% vs 2018
2020: €22k▲ +62.5% vs 2019
2021: €22k▲ +1.1% vs 2020
2022: €17k▼ -21.4% vs 2021
2023: €25k▲ +44.7% vs 2022
2024: €39k▲ +56.3% vs 2023
2025: €44k▲ +13.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€38k▲ 1.8%€48k▲ 26.7%€59k▲ 21.9%€64k▲ 8.8%
2021: €38klowest in 5 years
2022: €38k▲ +1.8% vs 2021
2023: €48k▲ +26.7% vs 2022
2024: €59k▲ +21.9% vs 2023
2025: €64k▲ +8.8% vs 2024highest in 5 years
Operating result€17k-€1k▼ 91.4%€15k▲ 910%€15k▲ 4.1%€13k▼ 15.9%
2021: €17khighest in 5 years
2022: €1k▼ -91.4% vs 2021lowest in 5 years
2023: €15k▲ +910% vs 2022
2024: €15k▲ +4.1% vs 2023
2025: €13k▼ -15.9% vs 2024
Net result€15k-€676▼ 95.5%€10k▲ 1,413%€11k▲ 3.6%€9k▼ 17.7%
2021: €15khighest in 5 years
2022: €676▼ -95.5% vs 2021lowest in 5 years
2023: €10k▲ +1413% vs 2022
2024: €11k▲ +3.6% vs 2023
2025: €9k▼ -17.7% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€20k ▼ 34.1%
Current assets
€76k ▲ 5.6%
Equity and liabilities €96k
Equity
€64k ▲ 8.8%
Debt
€31k ▼ 26.8%
Debt's share of the balance-sheet total falls from 42.1% to 32.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▼
2024 · €34k
Cash flow
€27k▼
2024 · €29k
Current ratio
2.41▲
2024 · 2.20
Debt to equity
0.49▼
2024 · 0.73
ROE
13.6%▼
2024 · 17.9%
ROA
9.1%▼
2024 · 10.4%
Interest coverage
90.46▲
2024 · 68.33
Debt ≤ 1 year
€31k▼
2024 · €33k
Debt > 1 year
€0▼
2024 · €10k
Income taxes
€4k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€102k€96k▼
Fixed assets21/28€30k€20k▼
Tangible fixed assets22/27€30k€20k▼
Plant, machinery and equipment23€8k€9k▲
Furniture and vehicles24€22k€11k▼
Current assets29/58€72k€76k▲
Amounts receivable within one year40/41€15k€18k▲
Trade receivables40€12k€14k▲
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€55k€56k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€102k€96k▼
Equity10/15€59k€64k▲
Contributions10/11€7k€7k=
Reserves13€52k€57k▲
Distributable reserves133€52k€57k▲
Amounts payable17/49€43k€31k▼
Amounts payable after more than one year17€10k€0▼
Financial debts170/4€10k€0▼
Amounts payable within one year42/48€33k€31k▼
Current portion of amounts payable after more than one year42€16k€12k▼
Trade debts44€194€0▼
Suppliers440/4€194€0▼
Taxes, remuneration and social security45€628€0▼
Taxes450/3€628€0▼
Other amounts payable47/48€15k€20k▲
Accrued charges and deferred income492/3€225€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▼
Other operating charges640/8€608€882▲
Gross operating margin9900€34k€32k▼
Operating profit (loss)9901€15k€13k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€491€342▼
Recurring financial charges65€491€342▼
Profit (loss) for the period before taxes9903€15k€13k▼
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€11k€9k▼
Profit (loss) for the period to be appropriated9905€11k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€9k▼
Transfer to equity691/2€11k€9k▼
To other reserves6921€11k€9k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €14k | €16k | €18k | €18k | ▼ 1.0% |
| Other operating charges640/8 | - | €1k | €699 | €608 | €882 | ▲ 45.1% |
| Gross operating margin9900 | €23k | €17k | €32k | €34k | €32k | ▼ 6.9% |
| Operating profit (loss)9901 | €17k | €1k | €15k | €15k | €13k | ▼ 15.9% |
| Financial income75/76B | - | €5 | €10 | - | €0 | - |
| Recurring financial income75 | €8 | €5 | €10 | - | €0 | - |
| Financial charges65/66B | - | €597 | €627 | €491 | €342 | ▼ 30.4% |
| Recurring financial charges65 | €485 | €597 | €627 | €491 | €342 | ▼ 30.4% |
| Profit (loss) for the period before taxes9903 | €17k | €873 | €14k | €15k | €13k | ▼ 15.4% |
| Income taxes67/77 | €2k | €197 | €4k | €4k | €4k | ▼ 9.9% |
| Profit (loss) for the period9904 | €15k | €676 | €10k | €11k | €9k | ▼ 17.7% |
| Profit (loss) for the period to be appropriated9905 | €15k | €676 | €10k | €11k | €9k | ▼ 17.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119k | €111k | €109k | €102k | €96k | ▼ 6.2% |
| Fixed assets21/28 | €63k | €55k | €48k | €30k | €20k | ▼ 34.1% |
| Tangible fixed assets22/27 | €63k | €55k | €48k | €30k | €20k | ▼ 34.1% |
| Plant, machinery and equipment23 | - | €6k | €13k | €8k | €9k | ▲ 1.7% |
| Furniture and vehicles24 | - | €50k | €35k | €22k | €11k | ▼ 48.1% |
| Current assets29/58 | €56k | €55k | €60k | €72k | €76k | ▲ 5.6% |
| Amounts receivable within one year40/41 | €19k | €17k | €16k | €15k | €18k | ▲ 19.8% |
| Trade receivables40 | - | €12k | €12k | €12k | €14k | ▲ 12.4% |
| Other amounts receivable41 | - | €5k | €4k | €3k | €5k | ▲ 47.9% |
| Cash at bank and in hand54/58 | €36k | €36k | €43k | €55k | €56k | ▲ 0.9% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €1k | €2k | ▲ 34.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119k | €111k | €109k | €102k | €96k | ▼ 6.2% |
| Equity10/15 | €38k | €38k | €48k | €59k | €64k | ▲ 8.8% |
| Contributions10/11 | - | €7k | €7k | €7k | €7k | = |
| Reserves13 | €31k | €31k | €42k | €52k | €57k | ▲ 10.0% |
| Distributable reserves133 | - | €31k | €42k | €52k | €57k | ▲ 10.0% |
| Amounts payable17/49 | €82k | €72k | €60k | €43k | €31k | ▼ 26.8% |
| Amounts payable after more than one year17 | €47k | €34k | €25k | €10k | €0 | ▼ 100% |
| Financial debts170/4 | - | €34k | €25k | €10k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €34k | €38k | €35k | €33k | €31k | ▼ 3.8% |
| Current portion of amounts payable after more than one year42 | - | €14k | €16k | €16k | €12k | ▼ 28.3% |
| Trade debts44 | €259 | €1k | €576 | €194 | €0 | ▼ 100% |
| Suppliers440/4 | - | €1k | €576 | €194 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €1k | €1k | €628 | €0 | ▼ 100% |
| Taxes450/3 | - | €1k | €1k | €628 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €21k | €17k | €15k | €20k | ▲ 27.3% |
| Accrued charges and deferred income492/3 | - | - | €370 | €225 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €676 | €10k | €11k | €9k | ▼ 17.7% |
| + Depreciation and write-downs630 | €6k | €14k | €16k | €18k | €18k | ▼ 1.0% |
| Operating cash flow (approximation) | €20k | €15k | €27k | €29k | €27k | ▼ 7.2% |
| Investment in fixed assets (approximation) | - | €-7k | €-9k | €0 | €-8k | - |
| Change in cash | - | €582 | €7k | €12k | €475 | ▼ 96.1% |
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
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €676 ▼95.5%
Net result drops to €676, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €15k ▲122%
Operating result €17k, net result €15k, both a record.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kluisbergen · 1 establishment unit since 2016
Ground area
2,168 m²
Building footprint
178 m²
Volume, LiDAR
618 m³
Parcel 45043C0666/00P000, Flanders · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
INVIBO
since 20162.251.653.575
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45043C0666/00P000 | Flanders | 2,168 m² | 1 · 178 m² | 5.4 m · 1 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
2025 · 1 entry · 291 EUR awarded · 291 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 291 EUR | 291 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,169 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 (pre-2019)
Founded19-02-2016
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
41003General construction of other non-residential buildings
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.