Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
INECT from Leuven, company number BE0746693330, closed financial year 2025 with a result of € -48,315 after tax. For that financial year INECT recorded a gross margin of € 525,918 and equity of € 45,192. Compared with financial year 2024, the result moved from € 61,764 to € -48,315. The company made a loss. The buffer shrank hard: equity is 52 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 45,192
▼ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,315
▼ still € 61,764 profit in 2024
Profit after tax over the fiscal year.
€ 190,746
▲ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10,190.
People and assets in 2025
7.6
▲ 5.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 415,748
▲ € 322,447 vs 2024
€ 54,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,304
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 81,993
▲ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 189,449
▲ € 148,040 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,946
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,162 | € -993 | € 184,079 | € 525,918 | ▲ 186% |
| Profit after taxes | € -2,223 | € -1,035 | € 61,764 | € -48,315 | ▼ € 110,079 |
| Equity | € 32,779 | € 31,743 | € 93,508 | € 45,192 | ▼ 52% |
| Total debts | € 0 | € 766 | € 172,948 | € 348,477 | ▲ 101% |
| Cash | € 117 | € 236 | € 116,659 | € 190,746 | ▲ 64% |
| Retained profit | € -2,223 | € -3,259 | € 58,506 | € 10,190 | ▼ 83% |
| Bank debt | € 0 | € 0 | € 72,000 | € 81,993 | ▲ 14% |
| Balance sheet total | € 32,779 | € 32,509 | € 266,456 | € 393,669 | ▲ 48% |
| Employees (FTE) | - | - | 2.3 | 7.6 | ▲ 5.3 |
Key figures of INECT, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to INECT?
What happened at INECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 48,315 (▼ € 110,079 vs 2024). Source: NBB ↗
- Panenco BV became a director. NBB
- Distribets VOF stepped down as director. NBB
- Gus Vanherf stepped down as director. NBB
- Distribets VOF became a director. NBB
- Gus Vanherf became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,223 loss in 2021 to € 48,315 loss in 2025.
Paid € 30,318 in corporate taxes since 2021.
Best year ever: 2024, with € 61,764 profit.
On average € 69,200 of value added per employee in 2025.
A new publication or filing at INECT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PANENCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INECTBehind INECT is Panenco BV. The shares are held by PANENCO (100%).
Directors
According to the 2025 annual accounts
Director · represented by Egwin Avau
since 2025
since 2025 · until 2025
Gus Vanherf
Director
since 2025 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kapeldreef 60
3001 Leuven
Ambachtenlaan 14 box 2
3001 Leuven
Active since 5 May 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →Belgische Vereniging voor Oppervlaktetechnieken van Materialen
INNOVATIE- EN INCUBATIECENTRUM K.U. LEUVEN
€ 271,378 gross margin · 2025
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€ 1.7 million gross margin · 2025
Metis Instruments & Equipment
€ 466,525 gross margin · 2025
Quality In Treatment
€ 167,339 gross margin · 2025
+31 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0746.693.330
- VAT number
- BE 0746.693.330
- Registered office
- Kapeldreef 60, 3001 Leuven
- Names & denominations
- INECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 2020
- Peppol
- Active · Active since 4 Apr 2025
- Activities · NACE
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