Summary
INEX-GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €83.21M and a net result of €9.65M. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 95% of 490 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €83.21M
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 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
24 d early
2024
36 d early
2023
5 d early
2022
35 d early
2021
34 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory accounts
Equity
€83.21M▲ 13.1%
2024 · €73.57M
2018: €78.95M
2019: €79.57M
2020: €78.25M
2021: €77.96M
2022: €77.80M
2023: €71.68M
2024: €73.57M
2018 → 2025
Net result
€9.65M▲ 17.8%
2024 · €8.19M
2018: €1.97M
2019: €3.12M
2020: €2.68M
2021: €2.31M
2022: €2.14M
2023: €2.18M
2024: €8.19M
2018 → 2025
Total assets
€84.36M▲ 1.0%
2024 · €83.54M
2018: €83.54M
2019: €82.60M
2020: €82.74M
2021: €81.06M
2022: €80.62M
2023: €80.68M
2024: €83.54M
2018 → 2025
Solvency
98.6%▲ 10.6pp
2024 · 88.1%
2018: 94.5%
2019: 96.3%
2020: 94.6%
2021: 96.2%
2022: 96.5%
2023: 88.8%
2024: 88.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.91M-€2.68M▼ 7.8%€3.15M▲ 17.6%€3.33M▲ 5.6%€3.19M▼ 4.2%
Equity€77.96M-€77.80M▼ 0.2%€71.68M▼ 7.9%€73.57M▲ 2.6%€83.21M▲ 13.1%
Operating result€31k-€195k▲ 528%€221k▲ 13.1%€168k▼ 23.7%€841k▲ 399%
Net result€2.31M-€2.14M▼ 7.5%€2.18M▲ 1.9%€8.19M▲ 276%€9.65M▲ 17.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 399% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84.36M
Fixed assets
€82.14M ▲ 1.4%
Current assets
€2.21M ▼ 13.6%
Equity and liabilities €84.36M
Equity
€83.21M ▲ 13.1%
Debt
€1.14M ▼ 88.6%
Debt's share of the balance-sheet total falls from 11.9% to 1.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
11.6%▲
2024 · 11.1%
ROA
11.4%▲
2024 · 9.8%
Debt ≤ 1 year
€1.14M▼
2024 · €9.97M
Income taxes
€222k▲
2024 · €73k
Staff costs
€1.89M▼
2024 · €2.01M
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 · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€83.54M€84.36M▲
Fixed assets21/28€80.98M€82.14M▲
Intangible fixed assets21€35k€0▼
Tangible fixed assets22/27€250k€199k▼
Plant, machinery and equipment23€49k€37k▼
Furniture and vehicles24€202k€162k▼
Financial fixed assets28€80.69M€81.94M▲
Affiliated companies280/1€80.69M€81.94M▲
Participating interests280€80.69M€81.94M▲
Current assets29/58€2.56M€2.21M▼
Amounts receivable within one year40/41€866k€714k▼
Trade receivables40€827k€597k▼
Other amounts receivable41€39k€117k▲
Current investments50/53€1.27M€1.17M▼
Other investments51/53€1.27M€1.17M▼
Cash at bank and in hand54/58€384k€280k▼
Deferred charges and accrued income490/1€46k€47k▲
Equity and liabilities
Total equity and liabilities10/49€83.54M€84.36M▲
Equity10/15€73.57M€83.21M▲
Contributions10/11€2.12M€2.12M=
Capital10€2.12M€2.12M=
Issued capital100€2.12M€2.12M=
Reserves13€2.87M€2.87M=
Non-distributable reserves130/1€2.87M€2.87M=
Legal reserve130€2.87M€2.87M=
Profit (loss) carried forward14€68.58M€78.23M▲
Amounts payable17/49€9.97M€1.14M▼
Amounts payable within one year42/48€9.97M€1.14M▼
Trade debts44€339k€309k▼
Suppliers440/4€339k€309k▼
Taxes, remuneration and social security45€336k€332k▼
Taxes450/3€25k€25k▲
Remuneration and social security454/9€311k€307k▼
Other amounts payable47/48€9.30M€500k▼
Income statement
Code20242025
Operating income70/76A€3.68M€4.27M▲
Turnover70€3.33M€3.19M▼
Other operating income74€348k€79k▼
Non-recurring operating income76A€7k€1.00M▲
Operating charges60/66A€3.51M€3.43M▼
Services and other goods61€1.38M€1.43M▲
Remuneration, social security and pensions62€2.01M€1.89M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120k€100k▼
Other operating charges640/8€6k€7k▲
Operating profit (loss)9901€168k€841k▲
Financial income75/76B€8.10M€9.03M▲
Recurring financial income75€8.10M€9.03M▲
Income from financial fixed assets750€8.00M€9.00M▲
Income from current assets751€104k€36k▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Other financial charges652/9€6k€5k▼
Profit (loss) for the period before taxes9903€8.26M€9.87M▲
Income taxes67/77€73k€222k▲
Taxes670/3€73k€222k▲
Profit (loss) for the period9904€8.19M€9.65M▲
Profit (loss) for the period to be appropriated9905€8.19M€9.65M▲
Appropriation of the result
Profit (loss) to be appropriated9906€74.88M€78.23M▲
Profit (loss) brought forward from the previous period14P€66.69M€68.58M▲
Profit to be distributed694/7€6.30M-
Return on contributions (dividend)694€6.30M-
Social balance
Average headcount (FTE)908715.414.4▼
The notes to these accounts (40 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €9.65M ▲17.8%
Operating result €841k, net result €9.65M, both a record.
31-12
Financial
Liquidity times 8current ratio 1.94
Current ratio from 0.26 to 1.94; short-term debt falls from €9.97M to €1.14M.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
22 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, Sint-Lievens-Houtem · 1 establishment unit since 2006
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.
Meulestraat 199520 Sint-Lievens-HoutemGround area
6.1 ha
Building footprint
2.3 ha
Volume, LiDAR
193,562 m³
Parcel 41007B0477/00N000, Flanders · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Meulestraat 19, 9520 Sint-Lievens-Houtem
since 20062.232.151.330
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41007B0477/00N000 | Flanders | 6.1 ha | 1 · 2.3 ha | 16.0 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.
Structure & network
Ownership & control
1 subsidiaryINEX-GROUPBE 0883.592.301
controls
Where this company holds controlsubsidiary per the LEI register1
Bavegem
Recognitions · licences · registrations
Legal Entity Identifier
9676006AKLNKP4ATRN50
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Of 1,507 companies in sector 66199 we hold annual accounts for 917. 66 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
66199Other activities auxiliary to financial services, excluding insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.