INNEXCELL
ActiveINNEXCELL has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €550k and a net result of €110k. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 7031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 19.63 against 20.04 in 2024; short-term debt: 5% and cash: 8.6% of total assets), and 5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95%
Return on assets
19%
Age of the figures
9 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
20 d late
2023
19 d late
2022
25 d late
2021
23 d late
2020
13 d late
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€550k▲ 9.5%
2024 · €502k
2018: €98k
2019: €161k
2020: €228k
2021: €311k
2022: €362k
2023: €431k
2024: €502k
2018 → 2025
Total assets
€579k▲ 9.9%
2024 · €527k
2018: €106k
2019: €175k
2020: €247k
2021: €322k
2022: €408k
2023: €458k
2024: €527k
2018 → 2025
Net result
€110k▲ 53.6%
2024 · €72k
2018: €42k
2019: €62k
2020: €71k
2021: €83k
2022: €119k
2023: €86k
2024: €72k
2018 → 2025
Working capital
€537k▲ 15.3%
2024 · €466k
2018: €98k
2019: €160k
2020: €195k
2021: €281k
2022: €311k
2023: €388k
2024: €466k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€311k-€362k▲ 16.4%€431k▲ 18.9%€502k▲ 16.7%€550k▲ 9.5%
Operating result€116k-€169k▲ 45.0%€120k▼ 29.1%€93k▼ 22.0%€134k▲ 43.7%
Net result€83k-€119k▲ 43.7%€86k▼ 28.0%€72k▼ 16.4%€110k▲ 53.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €579k
Fixed assets
€13k▼ 64.5%
Current assets
€566k▲ 15.4%
Equity and liabilities €579k
Equity
€550k▲ 9.5%
Debt
€29k▲ 17.8%
The debt ratio rises from 4.6% to 5.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€144k▲
2024 · €103k
Cash flow
€120k▲
2024 · €81k
Solvency
95.0%▼
2024 · 95.4%
Current ratio
19.63▼
2024 · 20.04
Quick ratio
19.63▼
2024 · 20.04
Debt / equity
0.05▲
2024 · 0.05
ROE
20.0%▲
2024 · 14.3%
ROA
19.0%▲
2024 · 13.6%
Interest coverage
3662.95▲
2024 · 2552.69
Debt
€29k▲
2024 · €24k
Debt ≤ 1 year
€29k▲
2024 · €24k
Income taxes
€41k▲
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€527k€579k▲
Fixed assets21/28€36k€13k▼
Tangible fixed assets22/27€21k€13k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€21k€11k▼
Financial fixed assets28€15k-
Current assets29/58€491k€566k▲
Amounts receivable within one year40/41€34k€91k▲
Trade receivables40€30k€76k▲
Other amounts receivable41€3k€15k▲
Current investments50/53€240k€425k▲
Cash at bank and in hand54/58€217k€50k▼
Deferred charges and accrued income490/1-€50
Equity and liabilities
Total equity and liabilities10/49€527k€579k▲
Equity10/15€502k€550k▲
Contributions10/11€10k€10k=
Reserves13€492k€540k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€489k€537k▲
Amounts payable17/49€24k€29k▲
Amounts payable within one year42/48€24k€29k▲
Trade debts44€546€1k▲
Suppliers440/4€546€1k▲
Taxes, remuneration and social security45€5k€19k▲
Taxes450/3€5k€19k▲
Other amounts payable47/48€19k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€331€336▲
Gross operating margin9900€103k€144k▲
Operating profit (loss)9901€93k€134k▲
Financial income75/76B€8k€17k▲
Recurring financial income75€8k€17k▲
Financial charges65/66B€40€39▼
Recurring financial charges65€40€39▼
Profit (loss) for the period before taxes9903€101k€152k▲
Income taxes67/77€30k€41k▲
Profit (loss) for the period9904€72k€110k▲
Profit (loss) for the period to be appropriated9905€72k€110k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€110k▲
Transfer from equity791/2-€62k
Transfer to equity691/2€72k€110k▲
To other reserves6921€72k€110k▲
Profit to be distributed694/7-€62k
Return on contributions (dividend)694-€62k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 20 days late
2024
31-12
Financial
Equity above €500kEq €502k ▲16.7%
7 profitable years in a row build equity to €502k.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Highest result since 2018net €119k ▲43.7%
Operating result €169k, net result €119k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 27.35
Current ratio from 11.37 to 27.35; short-term debt falls from €19k to €11k.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Equity above €200kEq €228k ▲41.9%
3 profitable years in a row build equity to €228k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €161k ▲63.4%
2 profitable years in a row build equity to €161k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Houthalen-Helchteren · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
De Huttestraat 873530 Houthalen-HelchterenGround area
1,772 m²
Building footprint
183 m²
Volume, LiDAR
1,040 m³
Parcel 72015D1183/00B014, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Innexcell
since 20092.178.394.326
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015D1183/00B014 | Flanders | 1,772 m² | 1 · 182 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 13,421 companies in sector 73300 we hold annual accounts for 6,901. 4,027 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2009
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
72109Other research and development on natural sciences
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.