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INCLUSIO

Active Risk: low
Public limited companyfounded 2011active for 15 yearsHerrmann-Debrouxlaan 40, 1160 Oudergem, Belgium124 active companies are registered at this addressKBO/BCE: BE 0840.020.295
Summary

INCLUSIO has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €83.8m and a net result of -€1.7m. The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
€1.4mturnover 2019
Staff
4.3 FTE
Equity
€83.8m
Loss
-€1.7m
Equity +59%: mergerStandalone figures, without subsidiaries
Financial health
Bankruptcy probabilitywithin 12 months
1.0%
2019 figures too old to score
Structure
Board
9 members
Holdings
7
Auditor: SRL DELOITTE Réviseurs d'EntreprisesAccounts 57 days early
Signalsraises riskFigures for financial year 2019 (filed 02-07-2020)Liquidity: current ratio 2.78, cash €2.1m, halvedlowers riskSector: Real estate activities (NACE 68)Equity €83.8m (84.7% of total assets)neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Financial strength, FY 2019 · tick = 2018
Average
Solvency 100=
equity 84.7% of total assets
Liquidity 53-23
short-term debt 1.0% · cash 2.1%
Profitability 11=
return on assets -1.7%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,601 companies, NACE 68, micro)
Last 24 months 11-2024: 1.0%lowest value 12-2024: 1.0%● unchanged vs 11-2024lowest value 01-2025: 1.0%● unchanged vs 12-2024lowest value 02-2025: 1.0%● unchanged vs 01-2025lowest value 03-2025: 1.0%● unchanged vs 02-2025lowest value 04-2025: 1.0%● unchanged vs 03-2025lowest value 05-2025: 1.0%● unchanged vs 04-2025lowest value 06-2025: 1.0%● unchanged vs 05-2025lowest value 07-2025: 1.0%● unchanged vs 06-2025lowest value 08-2025: 1.0%● unchanged vs 07-2025lowest value 09-2025: 1.0%● unchanged vs 08-2025lowest value 10-2025: 1.0%● unchanged vs 09-2025highest value 11-2025: 1.0%● unchanged vs 10-2025highest value 12-2025: 1.0%● unchanged vs 11-2025highest value 01-2026: 1.0%● unchanged vs 12-2025highest value 02-2026: 1.0%● unchanged vs 01-2026highest value 03-2026: 1.0%● unchanged vs 02-2026highest value 04-2026: 1.0%● unchanged vs 03-2026highest value 05-2026: 1.0%● unchanged vs 04-2026highest value 06-2026: 1.0%● unchanged vs 05-2026highest value 07-2026: 1.0%● unchanged vs 06-2026highest value 08-2026: 1.0%● unchanged vs 07-2026highest value 09-2026: 1.0%● unchanged vs 08-2026highest value 10-2026: 1.0%● unchanged vs 09-2026highest value
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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2019 (filed 02-07-2020)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Liquidity: current ratio 2.78, cash €2.1m, halved
NBB · annual accounts
lowers risk · Equity €83.8m (84.7% of total assets)
NBB · annual accounts
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 04-06-2026, 57 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
57 days early
2024
70 days early
2023
75 days early
2022
46 days early
2021
68 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 63 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & shares · RestructuringMerger · Incorporation · Capital
  2. Capital & shares · Amendment of…Capital increase · Capital ·…
  3. MiscellaneousAuditor report · Capital increase…

Key points

  • 5 restructurings since 2023latest: restructuring with REBIRTH & DEVELOPMENT 5 View
  • Heads a groupcompanies controlled 7 View
  • A director leftlatest change 28-04-2026 · 9 in office 1 left View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Financial year
2019
Turnover
€1.4m
Loss
-€1.7m
Solvency
84.7%
Turnover▲ 27.1%
Net result
20182019
Go to Financials

Board & ownership

Board
9 members
Auditor
SRL DELOITTE Réviseurs d'Entreprises
  • ReKoDe (en liquidation)Director
  • Adeline SimontDirector
  • Bart DE ZUTTERDirector
  • Christophe DEMAINDirector
  • Marianne WAGNERDirector

and 4 other directors

Go to Board & ownership

Network & group

Subsidiaries
7
Connected companies
74
Mergers and asset contributions
20

7 subsidiaries

Go to Network & group

Timeline

Events
105
Since
2011
Next accounts
by 31-07-2027
  1. 04-06-2026Annual accounts filed
  2. 04-06-2026Annual accounts filed
  3. 27-05-2026Reappointments: Christophe Demain, Adeline Simont and Deloitte…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
06-10-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Annual meeting
Third Wednesday of May at 14:00
Purpose
“Mettre, directement ou par le biais d'une société dans laquelle elle détient une…” (deed in French)
Go to Articles of association

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