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Ingrizo

Active
Public limited companyfounded 2005active for 21 yearsPolderdreef 135, 9840 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0875.741.338
Summary

Ingrizo has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.2m and a net result of €708,808. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 57% of 6,142 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
IngrizoActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Non-specialised wholesale
NACE 46392Wholesale of industrial chemicals NACE 46851
10th largest company by equity in Nazareth-De Pinte, Wholesale and retail trade sector1 site
Size
€8.6mturnover 2025
Staff
7.2 FTE
Equity
€6.2m
Profit
€708,808
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
ADISO · 100%
  • Infinova BVDirector · permanent representative Luc Adriaenssens
  • Pharcossol BVDirector · permanent representative Marc Monteyne
Auditor: BV MOORE AUDIT2025 accounts 28 days early5 of 14 deeds summarised
Why 93raises riskLiquidity: current ratio 1.97, cash €646,323lowers riskFounded in 2005Profit of €708,808 (financial year 2025)Size: turnover €8.6m, 7.2 FTE, total assets €12.1mShow the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 47% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Strong
Solvency 77-23
equity 51.7% of total assets
Liquidity 33-26
short-term debt 48.2% · cash 5.4%
Profitability 70-10
return on assets 5.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,889 companies, NACE 46, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: 0.1%▲ +0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025highest value 02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.97, above the usual 1.5; short-term debt: 48.2% and cash: 5.4% of total assets), and 48.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 59% on solvency, 30% on liquidity and 53% on profitability.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2005
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €708,808 (financial year 2025)
NBB · annual accounts
lowers risk · Size: turnover €8.6m, 7.2 FTE, total assets €12.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.97, cash €646,323
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2025
1 day early
2024
1 day early
2023
1 day early
2022
124 days early
2021
on the day
2020
1 day late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignations: Geert Feys (director) and Innovative…Permanent representatives: Marie-Therese Cluyse, Marc…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Caution: Board changedlatest change 16-12-2025 · 2 in office 2 joined · 2 left View
  • Positive: 10th largest company by equity in Nazareth-De Pinte, Wholesale and retail trade…in the Checked rankings No. 10 View
  • Positive: 8 profitable years in a rowprofit 2025: €708,808 8 years View
  • Controlled by ADISOultimately: KORYS 100% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 6 years View
  • Flemish supportawarded from 2022 to 2025 €517,271 View

By topic

Financials

Financial year
2025
Turnover
€8.6m
Profit
€708,808
Solvency
51.7%
Turnover▼ 53.6%
Net result
20242025
Go to Financials

Board & ownership

Board
2 members
Parent
ADISO · 100%
Auditor
BV MOORE AUDIT
  • Infinova BVDirector
  • Pharcossol BVDirector
Go to Board & ownership

Timeline

Events
30
Since
2007
  1. 22-01-2026Algemene Vergadering - Boekjaar
  2. 31-12-2025Weakest financial year
  3. 30-01-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Non-specialised wholesaleNACE 46392
Founded
10-08-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
11
Who signs
Each director alone
Annual meeting
Fourth Wednesday of May at 20:00
Purpose
“De handel,de aan- en verkoop in het groot en in het klein,in binnen- en buitenland,de…” (deed in Dutch)
Go to Articles of association

Key facts about Ingrizo

What is the company number of Ingrizo?
0875.741.338. In Belgium the VAT number is the company number with BE in front: BE 0875.741.338.
Where is Ingrizo based?
The registered office is at Polderdreef 135, 9840 Nazareth-De Pinte.Company details
What does Ingrizo do?
According to the KBO register, the main activity is non-specialised wholesale (NACE 46392).
What is the legal form of Ingrizo?
Public limited company (NV).
When was Ingrizo founded?
On 10-08-2005.
Is Ingrizo still active?
Yes, Ingrizo is an active enterprise in the KBO register.
How many employees does Ingrizo have?
On average 7.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Ingrizo?
€8.6m in financial year 2025, according to the filed annual accounts.
Is Ingrizo profitable?
In financial year 2025, Ingrizo made a profit of €708,808.
Where can I find the annual accounts of Ingrizo?
Ingrizo filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies Which other companies belong to the same group?KORYS · 179 companies

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