REUTER INGO
ActiveREUTER INGO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €129k and a net result of €-1k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 22% of 227 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability26▼-10
Solvency40▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.36 against 1.47 in 2023; short-term debt: 70.2% and cash: 1.4% of total assets), and 84.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15.1%
Return on assets
-0.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 227 sector peers (2024).
NBB · sector comparisonPosition among 227 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 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
not confirmed
2024
75 d late
2023
203 d late
2022
78 d late
2021
192 d late
2020
90 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1k
2023 · €16k
2018: €6k
2019: €51
2020: €3k
2021: €403
2022: €-8k
2023: €16k
2018 → 2024
Working capital
€217k▼ 6.1%
2023 · €231k
2018: €135k
2019: €142k
2020: €245k
2021: €241k
2022: €224k
2023: €231k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€121k-€122k▲ 0.3%€114k▼ 6.4%€130k▲ 13.9%€129k▼ 0.9%
Operating result€21k-€22k▲ 3.5%€11k▼ 50.5%€51k▲ 372%€16k▼ 68.6%
Net result€3k-€403▼ 86.9%€-8k€16k€-1k
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 69% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €853k
Fixed assets
€37k▲ 19.2%
Current assets
€816k▲ 12.8%
Equity and liabilities €853k
Equity
€129k▼ 0.9%
Debt
€724k▲ 16.0%
The debt ratio rises from 82.8% to 84.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20k▼
2023 · €56k
Cash flow
€3k▼
2023 · €20k
Solvency
15.1%▼
2023 · 17.2%
Current ratio
1.36▼
2023 · 1.47
Quick ratio
0.45▲
2023 · 0.37
Debt / equity
5.62▲
2023 · 4.80
ROE
-0.9%▼
2023 · 12.2%
ROA
-0.1%▼
2023 · 2.1%
Interest coverage
0.91▼
2023 · 1.74
Debt
€724k▲
2023 · €624k
Debt ≤ 1 year
€599k▲
2023 · €492k
Debt > 1 year
€56k▼
2023 · €68k
Income taxes
€3k▼
2023 · €4k
Staff costs
€177k▼
2023 · €183k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€754k€853k▲
Fixed assets21/28€31k€37k▲
Tangible fixed assets22/27€31k€37k▲
Land and buildings22€23k€22k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€5k€13k▲
Current assets29/58€723k€816k▲
Stocks and contracts in progress3€539k€550k▲
Stocks30/36€539k€550k▲
Amounts receivable within one year40/41€164k€249k▲
Trade receivables40€164k€248k▲
Other amounts receivable41€803€397▼
Cash at bank and in hand54/58€19k€12k▼
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€754k€853k▲
Equity10/15€130k€129k▼
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Profit (loss) carried forward14€75k€74k▼
Amounts payable17/49€624k€724k▲
Amounts payable after more than one year17€68k€56k▼
Financial debts170/4€68k€56k▼
Amounts payable within one year42/48€492k€599k▲
Current portion of amounts payable after more than one year42€11k-
Financial debts43€107k€117k▲
Credit institutions430/8€100k€112k▲
Other loans439€7k€5k▼
Trade debts44€67k€134k▲
Suppliers440/4€67k€134k▲
Taxes, remuneration and social security45€39k€62k▲
Taxes450/3€24k€47k▲
Remuneration and social security454/9€14k€15k▲
Other amounts payable47/48€268k€285k▲
Accrued charges and deferred income492/3€64k€70k▲
Income statement
Code20232024
Remuneration, social security and pensions62€183k€177k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€4k€9k▲
Gross operating margin9900€242k€206k▼
Operating profit (loss)9901€51k€16k▼
Financial income75/76B€805€8k▲
Recurring financial income75€805€8k▲
Financial charges65/66B€32k€22k▼
Recurring financial charges65€32k€22k▼
Profit (loss) for the period before taxes9903€20k€2k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€16k€-1k▼
Profit (loss) for the period to be appropriated9905€16k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€74k▼
Profit (loss) brought forward from the previous period14P€60k€75k▲
Social balance
Average headcount (FTE)90873.34.0▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 75 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 203 days late
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 78 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 192 days late
2022
31-12
Financial
Weakest financial yearnet €-8k ▼2021%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
21-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 82 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Bütgenbach · 1 establishment unit since 1998
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.
Weywertz,Mühlenstrasse 514750 Bütgenbach1 establishment unit
Weywertz,Mühlenstrasse 51, 4750 Bütgenbach
since 19982.085.653.517
Similar companies · same sector, comparable size
GMTO België
BE 0631.807.619
Gent · Eq €129k
OPTIMITRAC
BE 0629.747.061
Walcourt · Eq €130k
ARS ENGINEERING
BE 0787.321.086
Genk · Eq €127k
SMEETS JOEL MAINTENANCE INDUSTRIELLE
BE 0690.603.772
Flémalle · Eq €127k
ECO-TECH
BE 0897.596.230
Herk-de-Stad · Eq €127k
Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 1,142 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-02-1998
Fiscal year end31-12
Activities, NACEBEL
29322
33120Repair and maintenance of machinery
46610Wholesale trade
51880
71310
77310Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.