InVorm (0792.167.425): financials and annual accounts

InVorm

Antwerp ·KBO/BCE: BE 0792.167.425

Line	2025	2024	2023	2022
Balance sheet: assets
Total assets`20/58`	29,398	61,697	51,684	43,761
Fixed assets`21/28`	6,584	11,387	15,973	14,998
Tangible fixed assets`22/27`	6,584	11,387	15,973	14,998
Plant, machinery and equipment`23`	-	0	2,397	-
Furniture and vehicles`24`	6,584	11,387	13,576	14,998
Current assets`29/58`	22,814	50,310	35,711	28,763
Amounts receivable after more than one year`29`	0	20,000	-	-
Other amounts receivable`291`	0	20,000	-	-
Amounts receivable within one year`40/41`	1,886	-	-	-
Other amounts receivable`41`	1,886	-	-	-
Cash at bank and in hand`54/58`	13,659	23,031	24,425	19,822
Deferred charges and accrued income`490/1`	7,269	7,279	11,286	8,941
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	29,398	61,697	51,684	43,761
Equity`10/15`	2,000	45,370	35,885	25,016
Contributions`10/11`	2,000	2,000	2,000	2,000
Reserves`13`	0	43,370	33,885	23,016
Distributable reserves`133`	0	43,370	33,885	23,016
Profit (loss) carried forward`14`	0	-	-	-
Amounts payable`17/49`	27,398	16,327	15,799	18,745
Amounts payable after more than one year`17`	1,137	2,819	1,755	-
Financial debts`170/4`	1,137	2,819	1,755	-
Amounts payable within one year`42/48`	26,261	13,508	14,044	18,032
Current portion of amounts payable after more than one year`42`	1,682	2,676	1,336	-
Trade debts`44`	248	634	375	1,102
Suppliers`440/4`	248	634	375	1,102
Taxes, remuneration and social security`45`	12,250	10,073	8,124	6,028
Taxes`450/3`	12,250	10,073	8,124	6,028
Other amounts payable`47/48`	12,081	125	4,209	10,902
Accrued charges and deferred income`492/3`	-	-	-	713
Income statement
Gross operating margin`9900`	8,208	17,865	24,819	29,408
Remuneration, social security and pensions`62`	-	0	1,515	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	6,061	4,299	7,177	6
Other operating charges`640/8`	847	1,237	500	348
Operating profit (loss)`9901`	1,300	12,329	15,628	29,054
Financial income`75/76B`	450	1,000	4	5
Recurring financial income`75`	450	1,000	4	5
Financial charges`65/66B`	334	395	389	15
Recurring financial charges`65`	334	395	389	15
Profit (loss) for the period before taxes`9903`	1,416	12,934	15,243	29,044
Income taxes`67/77`	1,114	3,449	4,374	6,028
Profit (loss) for the period`9904`	302	9,485	10,869	23,016
Profit (loss) for the period to be appropriated`9905`	302	9,485	10,869	23,016
Appropriation of the result
Profit (loss) to be appropriated`9906`	302	9,485	10,869	23,016
Transfer from equity`791/2`	43,370	-	-	-
Transfer to equity`691/2`	0	9,485	10,869	23,016
To other reserves`6921`	0	9,485	10,869	23,016
Profit to be distributed`694/7`	43,673	-	-	-
Return on contributions (dividend)`694`	43,673	-	-	-
Document	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	24-07-2026	2026-00328080	PDF
31-12-2024	micro format	20-07-2025	2025-00290562	PDF
31-12-2023	micro format	24-07-2024	2024-00278916	PDF
31-12-2022	micro format	28-07-2023	2023-00290195	PDF

Year	Entries	Awarded	Paid
2024	1	€201	€201
2023	1	€1,082	€680

Line	2025	2024	2023	2022
EBITDA	7,362	16,628	22,805	29,061
Cash flow	6,363	13,784	18,046	23,022
Investment in fixed assets	1,258	5,110	8,152	15,004
Change in cash	-9,372	-1,394	4,603	-
Working capital	-3,447	36,802	21,667	10,731
Solvency	6.8%	73.5%	69.4%	57.2%
Current ratio	0.87	3.72	2.54	1.60
Debt to equity	13.70	0.36	0.44	0.75
ROE	15.1%	20.9%	30.3%	92.0%
ROA	1.0%	15.4%	21.0%	52.6%
Interest coverage	22.02	42.14	58.70	over 100

Item	2025	2024	2023	2022
Tangible fixed assets	€1,258	€5,110	€8,152	€15,004
Depreciation and write-downs of the year	€6,061	€4,299	€7,177	€6

InVorm

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency6.8%

Current ratio0.87

Return on assets1.0%

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023 to 2024, 2 entries, €1,283 awarded, €881 paid

Key figures and ratios

Securities and guarantees

Investments

Insights on InVorm

Next steps