INVV
ActiveSummary
INVV has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €465k and a net result of €72k. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▼-14
Solvency97▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.21 against 5.73 in 2023; short-term debt: 19.8% and cash: 17% of total assets), and 27.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-06-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
28 d early
2022
55 d late
2021
51 d early
2020
54 d early
2019
56 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€72k▼ 45.4%
2023 · €132k
2018: €33klowest in 7 years
2019: €45k▲ +35.5% vs 2018
2020: €64k▲ +43.8% vs 2019
2021: €77k▲ +19.9% vs 2020
2022: €58k▼ -24.7% vs 2021
2023: €132k▲ +129% vs 2022highest in 7 years
2024: €72k▼ -45.4% vs 2023
2018 → 2024
Working capital
€282k▼ 5.5%
2023 · €298k
2018: €22k
2019: €24k▲ +8.0% vs 2018
2020: €-23k▼ -195% vs 2019lowest in 7 years
2021: €26k▲ +216% vs 2020
2022: €97k▲ +266% vs 2021
2023: €298k▲ +209% vs 2022highest in 7 years
2024: €282k▼ -5.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€206k-€283k▲ 37.2%€341k▲ 20.4%€473k▲ 38.8%€465k▼ 1.7%
2020: €206klowest in 5 years
2021: €283k▲ +37.2% vs 2020
2022: €341k▲ +20.4% vs 2021
2023: €473k▲ +38.8% vs 2022highest in 5 years
2024: €465k▼ -1.7% vs 2023
Operating result€90k-€99k▲ 10.3%€76k▼ 23.8%€184k▲ 143%€106k▼ 42.2%
2020: €90k
2021: €99k▲ +10.3% vs 2020
2022: €76k▼ -23.8% vs 2021lowest in 5 years
2023: €184k▲ +143% vs 2022highest in 5 years
2024: €106k▼ -42.2% vs 2023
Net result€64k-€77k▲ 19.9%€58k▼ 24.7%€132k▲ 129%€72k▼ 45.4%
2020: €64k
2021: €77k▲ +19.9% vs 2020
2022: €58k▼ -24.7% vs 2021lowest in 5 years
2023: €132k▲ +129% vs 2022highest in 5 years
2024: €72k▼ -45.4% vs 2023
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €644k
Fixed assets
€235k ▲ 2.5%
Current assets
€409k ▲ 13.2%
Equity and liabilities €644k
Equity
€465k ▼ 1.7%
Debt
€179k ▲ 51.9%
Debt's share of the balance-sheet total rises from 20.0% to 27.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€126k▼
2023 · €201k
Cash flow
€91k▼
2023 · €149k
Current ratio
3.21▼
2023 · 5.73
Quick ratio
3.11▼
2023 · 5.44
Debt to equity
0.39▲
2023 · 0.25
ROE
15.5%▼
2023 · 27.9%
ROA
11.2%▼
2023 · 22.4%
Interest coverage
124.47▼
2023 · 185.59
Debt ≤ 1 year
€127k▲
2023 · €63k
Debt > 1 year
€47k▼
2023 · €55k
Income taxes
€38k▼
2023 · €51k
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 · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€591k€644k▲
Formation expenses20€0€0=
Fixed assets21/28€229k€235k▲
Tangible fixed assets22/27€228k€233k▲
Land and buildings22€228k€213k▼
Furniture and vehicles24€0€20k▲
Financial fixed assets28€2k€2k=
Current assets29/58€361k€409k▲
Stocks and contracts in progress3€19k€13k▼
Stocks30/36€19k€13k▼
Amounts receivable within one year40/41€38k€35k▼
Trade receivables40€25k€33k▲
Other amounts receivable41€14k€2k▼
Current investments50/53-€250k
Cash at bank and in hand54/58€303k€110k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€591k€644k▲
Equity10/15€473k€465k▼
Contributions10/11€16k€16k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€457k€449k▼
Amounts payable17/49€118k€179k▲
Amounts payable after more than one year17€55k€47k▼
Financial debts170/4€55k€47k▼
Amounts payable within one year42/48€63k€127k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€294€2k▲
Suppliers440/4€294€2k▲
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€53k€67k▲
Taxes450/3€53k€67k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€0€49k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20232024
Non-recurring operating income76A€38k€10k▼
Remuneration, social security and pensions62€45-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€19k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€206k€129k▼
Operating profit (loss)9901€184k€106k▼
Financial income75/76B€9€5k▲
Recurring financial income75€9€5k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€183k€110k▼
Income taxes67/77€51k€38k▼
Profit (loss) for the period9904€132k€72k▼
Profit (loss) for the period to be appropriated9905€132k€72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€457k€529k▲
Profit (loss) brought forward from the previous period14P€325k€457k▲
Profit to be distributed694/7-€80k
Return on contributions (dividend)694-€80k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1 | €38k | €10k | ▼ 74.8% |
| Remuneration, social security and pensions62 | - | €33k | €43k | €45 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €43k | €26k | €17k | €19k | ▲ 11.9% |
| Other operating charges640/8 | - | €5k | €5k | €5k | €4k | ▼ 18.1% |
| Gross operating margin9900 | €149k | €180k | €149k | €206k | €129k | ▼ 37.1% |
| Operating profit (loss)9901 | €90k | €99k | €76k | €184k | €106k | ▼ 42.2% |
| Financial income75/76B | - | €6 | €930 | €9 | €5k | ▲ 53,712% |
| Recurring financial income75 | €190 | €6 | €930 | €9 | €5k | ▲ 53,712% |
| Financial charges65/66B | - | €1k | €1k | €1k | €1k | ▼ 6.8% |
| Recurring financial charges65 | €5k | €1k | €1k | €1k | €1k | ▼ 6.8% |
| Profit (loss) for the period before taxes9903 | €85k | €98k | €75k | €183k | €110k | ▼ 39.7% |
| Income taxes67/77 | €21k | €21k | €18k | €51k | €38k | ▼ 25.0% |
| Profit (loss) for the period9904 | €64k | €77k | €58k | €132k | €72k | ▼ 45.4% |
| Profit (loss) for the period to be appropriated9905 | €64k | €77k | €58k | €132k | €72k | ▼ 45.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €264k | €393k | €440k | €591k | €644k | ▲ 9.0% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €229k | €327k | €307k | €229k | €235k | ▲ 2.5% |
| Tangible fixed assets22/27 | €227k | €325k | €305k | €228k | €233k | ▲ 2.5% |
| Land and buildings22 | - | €317k | €303k | €228k | €213k | ▼ 6.3% |
| Furniture and vehicles24 | - | €9k | €2k | €0 | €20k | - |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €35k | €66k | €133k | €361k | €409k | ▲ 13.2% |
| Stocks and contracts in progress3 | €8k | €18k | €16k | €19k | €13k | ▼ 28.6% |
| Stocks30/36 | - | €18k | €16k | €19k | €13k | ▼ 28.6% |
| Amounts receivable within one year40/41 | €3k | €14k | €47k | €38k | €35k | ▼ 9.1% |
| Trade receivables40 | - | €9k | €3k | €25k | €33k | ▲ 31.3% |
| Other amounts receivable41 | - | €5k | €43k | €14k | €2k | ▼ 83.1% |
| Current investments50/53 | - | - | - | - | €250k | - |
| Cash at bank and in hand54/58 | €23k | €32k | €68k | €303k | €110k | ▼ 63.8% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €2k | €1k | ▼ 16.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €264k | €393k | €440k | €591k | €644k | ▲ 9.0% |
| Equity10/15 | €206k | €283k | €341k | €473k | €465k | ▼ 1.7% |
| Contributions10/11 | €12k | €12k | €12k | €16k | €16k | = |
| Capital10 | - | €12k | €12k | - | - | - |
| Issued capital100 | - | €37k | €37k | - | - | - |
| Uncalled capital101 | - | €25k | €25k | - | - | - |
| Reserves13 | €4k | €4k | €4k | €0 | - | - |
| Non-distributable reserves130/1 | - | €4k | €4k | €0 | - | - |
| Legal reserve130 | - | €4k | €4k | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0 | - | - |
| Profit (loss) carried forward14 | €190k | €267k | €325k | €457k | €449k | ▼ 1.7% |
| Amounts payable17/49 | €58k | €110k | €99k | €118k | €179k | ▲ 51.9% |
| Amounts payable after more than one year17 | €0 | €70k | €63k | €55k | €47k | ▼ 14.3% |
| Financial debts170/4 | - | €70k | €63k | €55k | €47k | ▼ 14.3% |
| Amounts payable within one year42/48 | €58k | €40k | €36k | €63k | €127k | ▲ 102% |
| Current portion of amounts payable after more than one year42 | - | €8k | €8k | €8k | €8k | ▲ 1.1% |
| Trade debts44 | €4k | €4k | €6k | €294 | €2k | ▲ 683% |
| Suppliers440/4 | - | €4k | €6k | €294 | €2k | ▲ 683% |
| Advances received on contracts in progress46 | - | €2k | €4k | €2k | €2k | = |
| Taxes, remuneration and social security45 | - | €26k | €18k | €53k | €67k | ▲ 24.9% |
| Taxes450/3 | - | €23k | €18k | €53k | €67k | ▲ 24.9% |
| Remuneration and social security454/9 | - | €3k | €0 | €0 | - | - |
| Other amounts payable47/48 | - | €0 | €0 | €0 | €49k | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €5k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64k | €77k | €58k | €132k | €72k | ▼ 45.4% |
| + Depreciation and write-downs630 | €20k | €43k | €26k | €17k | €19k | ▲ 11.9% |
| Operating cash flow (approximation) | €84k | €120k | €83k | €149k | €91k | ▼ 38.8% |
| Investment in fixed assets (approximation) | - | €-141k | €-6k | €60k | €-25k | ▼ 141% |
| Change in cash | - | €9k | €36k | €235k | €-193k | ▼ 182% |
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
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €132k ▲129%
Operating result €184k, net result €132k, both a record.
24-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 55 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.67
Current ratio from 1.66 to 3.67; short-term debt falls from €40k to €36k.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1.66
Current ratio from 0.61 to 1.66; short-term debt falls from €58k to €40k.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200kEq €206k ▲45%
3 profitable years in a row build equity to €206k.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €100kEq €142k ▲45.5%
2 profitable years in a row build equity to €142k.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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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Directors · office · real estate
Directors
6 acts for this company are 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, Oupeye · 2 establishment units since 2010
Ground area
2,049 m²
Building footprint
261 m²
Volume, LiDAR
1,712 m³
2 parcels, Wallonia · tallest building 11.8 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
INVV
since 20102.188.939.117
FABOO
since 20212.322.670.344
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62079A1007/00T003 | Wallonia | 1,530 m² | 1 · 83 m² | 11.8 m · 4 fl. |
| 62109A0177/00Y000 | Wallonia | 518 m² | 1 · 178 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,571. 1,558 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
Founded11-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46180Agents specialised in the wholesale of other particular products
82990Other business support services
96220Beauty care and other beauty treatments
Scores and ratios are computed by Checked and are not a credit decision.