INVIGO
InactiveSignals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-07-2024, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
on the day
2022
31 d late
2021
31 d late
2020
61 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 31 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€306,689▼ 0.3%
2022 · €307,550
Total assets
€356,650▼ 1.0%
2022 · €360,383
Net result
-€861
2022 · €22,103
Working capital
€353,134▼ 0.2%
2022 · €353,995
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€8,788€157,781▲ 1,695%-€2,824€19,385-€861
Net result€8,399€110,218▲ 1,212%-€1,068€22,103-€861
Equity€176,297▲ 5.0%€286,515▲ 62.5%€285,447▼ 0.4%€307,550▲ 7.7%€306,689▼ 0.3%
Total assets€285,608▼ 3.7%€338,843▲ 18.6%€334,511▼ 1.3%€360,383▲ 7.7%€356,650▼ 1.0%
Debt€109,311▼ 15.0%€5,883▼ 94.6%€2,619▼ 55.5%€6,388▲ 144%€3,515▼ 45.0%
Working capital€119,132▲ 12.9%€332,961▲ 179%€331,892▼ 0.3%€353,995▲ 6.7%€353,134▼ 0.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €861 after €19,385 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €356,650
Equity
€306,689 ▼ 0.3%
Provisions
€46,446 =
Debt
€3,515 ▼ 45.0%
Debt's share of the balance-sheet total falls from 1.8% to 1.0%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.01▼
2022 · 0.02
ROE
-0.3%▼
2022 · 7.2%
ROA
-0.2%▼
2022 · 6.1%
Debt ≤ 1 year
€3,515▼
2022 · €6,388
A ratio outside any meaningful range has been withheld (balance sheet total €356,650, equity €306,689).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,014 | - | - | - | - | - |
| Other operating charges640/8 | - | - | €410 | €410 | €446 | ▲ 9.0% |
| Gross operating margin9900 | €29,612 | €167,724 | -€2,415 | €19,794 | -€415 | ▼ 102% |
| Operating profit (loss)9901 | €8,788 | €157,781 | -€2,824 | €19,385 | -€861 | ▼ 104% |
| Financial income75/76B | - | - | €1,828 | €2,726 | - | - |
| Recurring financial income75 | €1,192 | €147 | €1,828 | €2,726 | - | - |
| Financial charges65/66B | - | - | €12 | €7 | - | - |
| Recurring financial charges65 | €1,448 | €1,199 | €12 | €7 | - | - |
| Profit (loss) for the period before taxes9903 | €8,533 | €156,729 | -€1,008 | €22,103 | -€861 | ▼ 104% |
| Income taxes67/77 | €134 | €65 | €60 | - | - | - |
| Profit (loss) for the period9904 | €8,399 | €110,218 | -€1,068 | €22,103 | -€861 | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €8,399 | -€29,119 | -€1,068 | €22,103 | -€861 | ▼ 104% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €285,608 | €338,843 | €334,511 | €360,383 | €356,650 | ▼ 1.0% |
| Fixed assets21/28 | €147,307 | - | - | - | - | - |
| Tangible fixed assets22/27 | €147,307 | - | - | - | - | - |
| Current assets29/58 | €138,301 | €338,843 | €334,511 | €360,383 | €356,650 | ▼ 1.0% |
| Amounts receivable within one year40/41 | €136,876 | €173,790 | €193,364 | €357,024 | €355,686 | ▼ 0.4% |
| Trade receivables40 | - | - | - | €4,538 | - | - |
| Other amounts receivable41 | - | - | €193,364 | €352,487 | €355,686 | ▲ 0.9% |
| Cash at bank and in hand54/58 | €158 | €164,907 | €139,320 | €633 | €964 | ▲ 52.2% |
| Deferred charges and accrued income490/1 | - | - | €1,827 | €2,726 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €285,608 | €338,843 | €334,511 | €360,383 | €356,650 | ▼ 1.0% |
| Equity10/15 | €176,297 | €286,515 | €285,447 | €307,550 | €306,689 | ▼ 0.3% |
| Contributions10/11 | €18,592 | - | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €174,232 | €313,569 | €313,569 | €313,569 | €313,569 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | - | €139,337 | €139,337 | €139,337 | = |
| Distributable reserves133 | - | - | €172,373 | €172,373 | €172,373 | = |
| Profit (loss) carried forward14 | -€16,527 | -€45,646 | -€46,714 | -€24,611 | -€25,472 | ▼ 3.5% |
| Provisions and deferred taxes16 | - | €46,446 | €46,446 | €46,446 | €46,446 | = |
| Provisions for liabilities and charges160/5 | - | - | €46,446 | €46,446 | €46,446 | = |
| Taxes161 | - | - | €46,446 | €46,446 | €46,446 | = |
| Amounts payable17/49 | €109,311 | €5,883 | €2,619 | €6,388 | €3,515 | ▼ 45.0% |
| Amounts payable after more than one year17 | €90,142 | - | - | - | - | - |
| Amounts payable within one year42/48 | €19,169 | €5,883 | €2,619 | €6,388 | €3,515 | ▼ 45.0% |
| Trade debts44 | €2,610 | €4,781 | €1,644 | €1,296 | €1,919 | ▲ 48.0% |
| Suppliers440/4 | - | - | €1,644 | €1,296 | €1,919 | ▲ 48.0% |
| Taxes, remuneration and social security45 | - | - | €65 | €3,495 | €903 | ▼ 74.2% |
| Taxes450/3 | - | - | €65 | €3,495 | €903 | ▼ 74.2% |
| Other amounts payable47/48 | - | - | €910 | €1,596 | €693 | ▼ 56.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,399 | €110,218 | -€1,068 | €22,103 | -€861 | ▼ 104% |
| + Depreciation and write-downs630 | €17,014 | - | - | - | - | - |
| Operating cash flow (approximation) | €25,413 | €110,218 | -€1,068 | €22,103 | -€861 | ▼ 104% |
| Change in cash | - | €164,749 | -€25,587 | -€138,686 | €330 | ▲ 100% |
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
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Back to profitnet €22,103
Net result €22,103 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 127.73
Current ratio from 57.60 to 127.73; short-term debt falls from €5,883 to €2,619.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Highest result since 2018net €110,218 ▲1,212%
Operating result €157,781, net result €110,218, both a record.
31-12
Financial
Liquidity times 8current ratio 57.60
Current ratio from 7.21 to 57.60; short-term debt falls from €19,169 to €5,883.
31-12
Financial
Equity above €200,000Eq €286,515 ▲62.5%
2 profitable years in a row build equity to €286,515.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Back to profitnet €8,399
Net result €8,399 after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
12-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
04-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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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Structure & network
Owners and holdings
1 ownerChain of control
- INCIPIO
- INVIGO
Highest known parent: INCIPIO. The sources do not say who stands above it.
Owners 1
- INCIPIOparentSourceaccounts INCIPIO 2023100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.