Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
I-NOX from Oostende, company number BE0755880418, closed financial year 2025 with a result of € 60,303 after tax. For that financial year I-NOX recorded a gross margin of € 117,816 and equity of € 365,539. Compared with financial year 2024, the result moved from € 27,533 to € 60,303. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 365,539
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 60,303
▲ 119% vs 2024
Profit after tax over the fiscal year.
€ 41,148
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 14,511 paid out
24 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 238,994
▼ 17% vs 2024
€ 47,995 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 19,611
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,263
▲ 61% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 108,455 | € 68,768 | € 70,711 | € 117,816 | ▲ 67% |
| Profit after taxes | € 86,037 | € 37,389 | € 27,533 | € 60,303 | ▲ 119% |
| Equity | € 380,118 | € 417,507 | € 319,746 | € 365,539 | ▲ 14% |
| Total debts | € 337,242 | € 314,866 | € 382,353 | € 317,179 | ▼ 17% |
| Cash | € 1,761 | € 34,256 | € 27,511 | € 41,148 | ▲ 50% |
| Land & buildings | € 376,032 | € 355,491 | € 334,949 | € 314,408 | ▼ 6% |
| Retained profit | € 373,176 | € 410,564 | € 312,803 | € 358,596 | ▲ 15% |
| Dividend | € 0 | € 0 | € 125,294 | € 14,511 | ▼ 88% |
| Bank debt | € 222,972 | € 208,726 | € 288,420 | € 238,994 | ▼ 17% |
| Balance sheet total | € 756,023 | € 769,095 | € 736,879 | € 715,557 | ▼ 3% |
Key figures of I-NOX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to I-NOX?
What happened at I-NOX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 60,303 (▲ 119% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- KURT HUYGHE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 86,037 profit in 2022 to € 60,303 profit in 2025.
Paid € 48,103 in corporate taxes since 2022.
Best year ever: 2022, with € 86,037 profit.
Paid out € 139,805 in dividends to the owners in total.
Management
Behind I-NOX is KURT HUYGHE. It owns 100% of Q-nox itself.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Kraaistraat 3
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0755.880.418
- VAT number
- BE 0755.880.418
- Registered office
- Kraaistraat 3, 8400 Oostende
- Names & denominations
- I-NOX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2020
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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