Invigorate
ActiveSummary
Invigorate has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €60k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+16
Solvency42▼-25
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.65 in 2024; short-term debt: 83.1% and cash: 39.8% of total assets), and 83.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
16.9%
Return on assets
38.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9460 sector peers (2025).
NBB · sector comparisonPosition among 9460 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-02-2026, 168 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
168 d early
2024
147 d early
2023
40 d early
2022
3 d early
2021
32 d early
2020
40 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▼ 28.0%
2024 · €36k
2020: €19k
2021: €28k
2022: €35k
2023: €25k
2024: €36k
2020 → 2025
Total assets
€154k▲ 79.1%
2024 · €86k
2020: €69k
2021: €80k
2022: €54k
2023: €124k
2024: €86k
2020 → 2025
Net result
€60k▲ 455%
2024 · €11k
2020: €9k
2021: €9k
2022: €7k
2023: €75k
2024: €11k
2020 → 2025
Working capital
€24k▼ 25.2%
2024 · €32k
2020: €19k
2021: €28k
2022: €35k
2023: €19k
2024: €32k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€35k▲ 23.7%€25k▼ 27.4%€36k▲ 42.5%€26k▼ 28.0%
Operating result€11k-€9k▼ 23.8%€95k▲ 1,019%€15k▼ 84.6%€81k▲ 452%
Net result€9k-€7k▼ 24.4%€75k▲ 1,027%€11k▼ 85.7%€60k▲ 455%
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 recovers in 2025; 2025 is 452% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154k
Fixed assets
€2k ▼ 50.9%
Current assets
€152k ▲ 85.4%
Equity and liabilities €154k
Equity
€26k ▼ 28.0%
Debt
€128k ▲ 157%
Debt's share of the balance-sheet total rises from 58.0% to 83.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€83k▲
2024 · €17k
Cash flow
€62k▲
2024 · €13k
Current ratio
1.19▼
2024 · 1.65
Debt to equity
4.92▲
2024 · 1.38
ROE
230.0%▲
2024 · 29.8%
ROA
38.8%▲
2024 · 12.5%
Interest coverage
240.20▲
2024 · 142.80
Debt ≤ 1 year
€128k▲
2024 · €50k
Income taxes
€21k▲
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€86k€154k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€4k€2k▼
Current assets29/58€82k€152k▲
Amounts receivable within one year40/41€49k€90k▲
Trade receivables40€34k€76k▲
Other amounts receivable41€15k€14k▼
Cash at bank and in hand54/58€32k€61k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€86k€154k▲
Equity10/15€36k€26k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€26k€16k▼
Amounts payable17/49€50k€128k▲
Amounts payable within one year42/48€50k€128k▲
Trade debts44€50k€53k▲
Suppliers440/4€50k€53k▲
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Other amounts payable47/48-€70k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€387€400▲
Gross operating margin9900€17k€83k▲
Operating profit (loss)9901€15k€81k▲
Financial income75/76B€2€59▲
Recurring financial income75€2€59▲
Financial charges65/66B€117€345▲
Recurring financial charges65€117€345▲
Profit (loss) for the period before taxes9903€15k€81k▲
Income taxes67/77€4k€21k▲
Profit (loss) for the period9904€11k€60k▲
Profit (loss) for the period to be appropriated9905€11k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€86k▲
Profit (loss) brought forward from the previous period14P€15k€26k▲
Profit to be distributed694/7-€70k
Return on contributions (dividend)694-€70k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €75k ▲1027%
Operating result €95k, net result €75k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €7k ▼24.4%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hoeilaart · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kellenborrestraat 111560 HoeilaartGround area
1,123 m²
Building footprint
84 m²
Volume, LiDAR
537 m³
Parcel 23033A0266/00X004, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Invigorate
since 20202.303.224.121
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23033A0266/00X004 | Flanders | 1,123 m² | 1 · 84 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MIZON ENGINEERING
BE 0763.532.728
Sint-Agatha-Berchem · Eq €25,955
DRIV
BE 0760.682.908
Maaseik · Eq €25,955
MHSE
BE 1021.020.218
Vilvoorde · Eq €26,120
VH Robotics
BE 1023.883.993
Beerse · Eq €26,131
stuhrmann
BE 0508.669.582
Aalter · Eq €26,157
Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 4,310 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
46140Agents in the wholesale of industrial machinery, ships and aircraft
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:invigorate.be
E-mail:kris.van.damme@invigorate.be