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89 INITIATIVE

Active
Int'l non-profit associationfounded 20224 yrs activeWashingtonstraat 40, 1050 Elsene, BelgiumKBO/BCE: BE 0784.479.679
Summary

89 INITIATIVE has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€3,991) and a net result of -€1,786. Equity is shrinking by ~54.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

What they do
Activity not known
How big
-€3,991equity 2024
Loss
-€1,786
Turnover not published (abridged schema)
Financially healthy?
Bankruptcy chance 12 m
0.3%
Too few figures to score
Who decides
Accounts 63 d overdue0 of 2 deeds read
Signals- Limited track record- No NACE activity registered- Higher-failure-rate region- Negative equity+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2023
Profitability-
Solvency-
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€3,991
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-04-2025, 100 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
100 d early
2023
37 d early
2022
64 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€1,786
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€3,991 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€1,786 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View

By topic

Timeline

Events
4
Since
2023
  1. 22-04-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 24-06-2024Annual accounts filed
Go to Timeline

Company details

Legal form
Int'l non-profit association
Founded
05-04-2022
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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