INVISTA
ActiveSummary
INVISTA has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€5,405) and a net result of -€20,979. Equity is shrinking by ~65.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 19374 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability3▼-43
Solvency22▼-16
Growth32=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 2.79 in 2023; short-term debt: 7.3% and cash: 0.2% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 · 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
-3.3%
Return on assets
-12.7%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€5,405
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-02-2026, 200 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
200 d late
2023
82 d late
2022
31 d late
2021
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 86 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
-€5,405
2023 · €15,574
Total assets
€164,900▲ 41.6%
2023 · €116,462
Net result
-€20,979
2023 · €4,091
Working capital
-€2,813
2023 · €68,258
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
Line2021202220232024
Operating result€26,793--€11,897€7,270-€10,905
Net result€19,300within the sector's middle half--€10,817below the sector's middle half€4,091within the sector's middle half-€20,979below the sector's middle half
Equity€22,300within the sector's middle half-€11,483below the sector's middle half▼ 48.5%€15,574within the sector's middle half▲ 35.6%-€5,405below the sector's middle half
Total assets€101,365below the sector's middle half-€73,709below the sector's middle half▼ 27.3%€116,462below the sector's middle half▲ 58.0%€164,900within the sector's middle half▲ 41.6%
Debt€79,066-€62,226▼ 21.3%€100,888▲ 62.1%€170,305▲ 68.8%
Working capital-€12,431within the sector's middle half-€272within the sector's middle half€68,258within the sector's middle half▲ 24,996%-€2,813within the sector's middle half
Solvency22.0%within the sector's middle half-15.6%within the sector's middle half▼ 6.4pp13.4%within the sector's middle half▼ 2.2pp-3.3%below the sector's middle half▼ 16.7pp
Current ratio0.84within the sector's middle half-1.00within the sector's middle half▲ 0.162.79within the sector's middle half▲ 1.780.77within the sector's middle half▼ 2.02
Return on assets (ROA)19.0%above the sector's middle half--14.7%below the sector's middle half▼ 33.7pp3.5%within the sector's middle half▲ 18.2pp-12.7%below the sector's middle half▼ 16.2pp
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 €10,905 after €7,270 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €164,900
Fixed assets
€155,673 ▲ 1,452%
Current assets
€9,228 ▼ 91.3%
Key figures and ratios
EBITDA
-€2,851▼
2023 · €8,449
Cash flow
-€12,924▼
2023 · €5,270
Debt to equity
-31.51▼
2023 · 6.48
Interest coverage
-0.28▼
2023 · 2.75
Debt ≤ 1 year
€12,041▼
2023 · €38,172
Debt > 1 year
€158,265▲
2023 · €62,716
Income taxes
€5▼
2023 · €107
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 6,010 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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,604 | €578 | €1,179 | €8,055 | ▲ 583% |
| Other operating charges640/8 | €1,179 | €761 | €1,325 | €1,312 | ▼ 1.0% |
| Gross operating margin9900 | €56,576 | -€10,558 | €9,774 | -€1,539 | ▼ 116% |
| Operating profit (loss)9901 | €26,793 | -€11,897 | €7,270 | -€10,905 | ▼ 250% |
| Financial income75/76B | - | - | - | €276 | - |
| Recurring financial income75 | - | - | - | €276 | - |
| Financial charges65/66B | €94 | €571 | €3,072 | €10,344 | ▲ 237% |
| Recurring financial charges65 | €94 | €571 | €3,072 | €10,344 | ▲ 237% |
| Profit (loss) for the period before taxes9903 | €26,700 | -€12,468 | €4,198 | -€20,974 | ▼ 600% |
| Income taxes67/77 | €7,400 | -€1,651 | €107 | €5 | ▼ 95.2% |
| Profit (loss) for the period9904 | €19,300 | -€10,817 | €4,091 | -€20,979 | ▼ 613% |
| Profit (loss) for the period to be appropriated9905 | €19,300 | -€10,817 | €4,091 | -€20,979 | ▼ 613% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €101,365 | €73,709 | €116,462 | €164,900 | ▲ 41.6% |
| Fixed assets21/28 | €34,731 | €11,211 | €10,032 | €155,673 | ▲ 1,452% |
| Tangible fixed assets22/27 | €34,731 | €11,211 | €10,032 | €155,673 | ▲ 1,452% |
| Land and buildings22 | €34,731 | - | - | €127,628 | - |
| Plant, machinery and equipment23 | - | €11,211 | €10,032 | €8,853 | ▼ 11.8% |
| Furniture and vehicles24 | - | - | - | €19,191 | - |
| Current assets29/58 | €66,634 | €62,498 | €106,430 | €9,228 | ▼ 91.3% |
| Amounts receivable within one year40/41 | €57,021 | €34,981 | €98,189 | €8,884 | ▼ 91.0% |
| Trade receivables40 | €31,833 | €10,535 | €69,859 | €0 | ▼ 100% |
| Other amounts receivable41 | €25,188 | €24,445 | €28,330 | €8,884 | ▼ 68.6% |
| Cash at bank and in hand54/58 | €9,613 | €27,517 | €8,241 | €343 | ▼ 95.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €101,365 | €73,709 | €116,462 | €164,900 | ▲ 41.6% |
| Equity10/15 | €22,300 | €11,483 | €15,574 | -€5,405 | ▼ 135% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Capital10 | €3,000 | - | - | - | - |
| Issued capital100 | €3,000 | - | - | - | - |
| Reserves13 | €19,000 | €8,200 | €8,200 | €8,200 | = |
| Distributable reserves133 | €19,000 | €8,200 | €8,200 | €8,200 | = |
| Profit (loss) carried forward14 | €300 | €283 | €4,374 | -€16,605 | ▼ 480% |
| Amounts payable17/49 | €79,066 | €62,226 | €100,888 | €170,305 | ▲ 68.8% |
| Amounts payable after more than one year17 | - | - | €62,716 | €158,265 | ▲ 152% |
| Financial debts170/4 | - | - | €62,716 | €158,265 | ▲ 152% |
| Amounts payable within one year42/48 | €79,066 | €62,226 | €38,172 | €12,041 | ▼ 68.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,563 | - |
| Trade debts44 | €20,431 | €11,675 | €8,298 | €5,974 | ▼ 28.0% |
| Suppliers440/4 | €20,431 | €11,675 | €8,298 | €5,974 | ▼ 28.0% |
| Taxes, remuneration and social security45 | €7,400 | €5,749 | €371 | €53 | ▼ 85.7% |
| Taxes450/3 | €7,400 | €5,749 | €371 | €53 | ▼ 85.7% |
| Other amounts payable47/48 | €51,235 | €44,802 | €29,502 | €451 | ▼ 98.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,300 | -€10,817 | €4,091 | -€20,979 | ▼ 613% |
| + Depreciation and write-downs630 | €28,604 | €578 | €1,179 | €8,055 | ▲ 583% |
| Operating cash flow (approximation) | €47,904 | -€10,239 | €5,270 | -€12,924 | ▼ 345% |
| Investment in fixed assets (approximation) | - | €22,942 | -€0 | -€153,695 | ▼ 1,536,954,800% |
| Change in cash | - | €17,905 | -€19,277 | -€7,897 | ▲ 59.0% |
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
2026
16-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 200 days late
2024
31-12
Financial
Weakest financial yearnet -€20,979
Net result drops to -€20,979, the lowest in the series.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
31-12
Financial
Back to profitnet €4,091
Net result €4,091 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.79
Current ratio from 1.00 to 2.79; short-term debt falls from €62,226 to €38,172.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
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, Liège · 1 establishment unit since 2021
Ground area
137 m²
Building footprint
90 m²
Volume, LiDAR
1,202 m³
Parcel 62816D0593/00V000, Wallonia · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
INVISTA
since 20212.315.804.922
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62816D0593/00V000 | Wallonia | 137 m² | 1 · 90 m² | 16.3 m · 4 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 9,145 companies in sector 68201 we hold annual accounts for 6,776. 1,939 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
Founded22-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
59111Production of cinema films
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
77110Renting and leasing of cars and light motor vehicles
81100Combined facilities support activities
82100Office administrative and support services
85592Vocational training
90201Performing arts by independent artists
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761962912
Registered
26-12-2025
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.