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iniT consulting

Active Private limited companyfounded 2024active for 2 yearsLeopold III-laan 25, 8792 WaregemKBO/BCE: BE 1013.389.682

Overview

Lifetime

2 annual accounts with figures on one time axis
peak €72,736 (2025)
€72,736▲ 68.0%
peak €34,210 (2025)
€34,210▲ 92.9%
peak €54,944 (2025)
€54,944▲ 165%
€42,778▼ 15.2%
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Turnover from €43,308 to €72,736Gross margin from €28,529 to €51,465Result from €17,734 to €34,210Equity from €20,734 to €54,944Debts from €50,473 to €42,778Cash from €16,012 to €37,846

Key points

from the 2025 annual accounts

Payment terms

66 days from customers
Customers
212 to 66

Customers pay 146 days earlier.

Liquidity

2.05 was 1.19 in 2024

Short-term debts rose from €34,860 to €35,547.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,274 companies had the same profile as iniT consulting has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,274 companies, not a prediction for iniT consulting. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 300 sharesdeed of 12-09-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1013389682
Incorporation Founding capital of €3,000, 300 shares · Founder: · Appointments: (director) and (successor director) · published on 12-09-2024 · Gazette deed
First establishment Leopold III-laan 25, Waregem
All 5 events

Comparable companies

same main activity, similar in size and age
Company
iniT consulting Waregem €97,722 €51,465 56.2% -
AGA-CONS Brussels €93,939 €50,617 64.5% -
Seccon Vorselaar €101,942 €54,301 40.6% -
ODRYKHEL Incourt €100,628 €56,225 69.7% -
BRAMSON TECHNOLOGY Aarschot €108,153 €51,945 72.1% -
AvLWare Kampenhout €103,968 €54,297 76.3% -
RKC Labs Overijse €95,329 €57,831 74.4% -

These companies have the same main activity as iniT consulting: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €93,900 and €108,000, founded in 2024.

Official details

Source: KBO
Status
Active since 10-09-2024Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 3 others
Establishment unit
2.366.622.4308792 Waregem, since 10-09-2024
Financial year end
31 December
Peppol
Reachable since 17-07-2025
Company details

Annual accounts 2025

€72,736▲ 68.0%
€34,210▲ 92.9%
€54,944▲ 165%
€97,722▲ 37.2%
Filing
Filed on 02-07-2026, 29 days before the end of the filing period
Financials

Insights on iniT consulting

Solvency rose in 2025 from 29.1% to 56.2% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 02-07-2026, 29 days before the deadline
€72,736
▲ 68.0%
€44,949
▲ 68.1%
€51,419
▲ 80.2%
€40,679
▲ 108%
56.2%
▲ 27.1 percentage points
2.05
▲ 0.86

Money flows

no detail for 2025

Balance sheet

balance sheet total €97,722 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

56.2%

Higher than 47% of 22,039 companies in 2025.

2.05

Higher than 44% of 21,339 companies in 2025.

35.0%

Higher than 73% of 21,530 companies in 2025.

iniT consulting Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
20/58 97,72271,207
21/28 24,78129,711
22/27 24,78129,711
24 24,78129,711
29/58 72,94141,496
40/41 34,80325,107
40 13,17425,107
41 21,629-
54/58 37,84616,012
490/1 291377
Balance sheet: equity and liabilities
10/49 97,72271,207
10/15 54,94420,734
10/11 3,0003,000
14 51,94417,734
17/49 42,77850,473
17 7,23115,613
170/4 7,23115,613
42/48 35,54734,860
42 8,3828,072
44 1,9061,295
440/4 1,9061,295
45 25,25922,493
450/3 24,33118,365
454/9 9284,128
47/48 -3,000
Income statement
70 72,73643,308
9900 51,46528,529
60/61 -14,779
630 6,4701,789
640/8 46-
9901 44,94926,739
65/66B 1,113342
65 1,113342
9903 43,83626,398
67/77 9,6278,664
9904 34,21017,734
9905 34,21017,734
Appropriation of the result
9906 51,94417,734
14P 17,734-
Document PDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 02-07-2026 2026-00261129 PDF
31-12-2024 micro format 28-07-2025 2025-00316932 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
51,41928,529
40,67919,523
1,54031,500
21,834-
37,3946,636
61.8%61.7%
56.2%29.1%
2.051.19
0.782.43
62.3%85.5%
35.0%24.9%
46.2183.49
66 days212 days
-32 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024
Tangible fixed assets€1,540€31,500
€6,470€1,789

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Insights on iniT consulting

The operating result for 2025 is 68% higher than in 2024.

Debt's share of the balance-sheet total falls from 70.9% to 43.8%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, since incorporation
Director
appointed by deed of 12-09-2024
Successor director
appointed by deed of 12-09-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director

Successor director
Board
Mandates as a list
    • Director, appointed by deed of 12-09-2024, still in office
    • Successor director, appointed by deed of 12-09-2024, still in office

See the board, name and registered office on a given date →

Control

Founder
This company
iniT consulting
Equity €54,944
Profit €34,210 in 2025

Capital

Contribution
€3,000
Shares
300
Contribution per share
€10
Equity per share
€183 in 2025
Source
deed of 12-09-2024

Articles of association

deed of 12-09-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Derde tot bestuurder benoemd,zelfs in statuten en zonder beperking duur, benoemd voor bepaalde duur of onbepaalde duur mits opzegging”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of June at 10:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Vereffenaar, akte van benoeming of rechterlijke uitspraak anders bepaalt”

Shareholders

At incorporation deed of 12-09-2024 ↗
  • 300 shares (100%) · €3,000 in cash

Network & group

No group

iniT consulting has no parent and no holdings in its annual accounts. iniT consulting shares no director with another company.

Timeline

Timeline

5 events since 2024

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 29 days before the deadline
2025
Annual accounts 2024 filed NBBmicro format · 3 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1013389682
2024
IncorporationFounding capital of €3,000, 300 shares · Founder: · Appointments: (director) and (successor director) · published on 12-09-20246 points ▸
  • Founder,
  • Founding capital, €3,000, 300 shares
  • holds 300 shares
  • Registered office clause, Leopold III-laan 25, 8792 Waregem (Desselgem)
  • Director appointment,
  • Director appointment, (successor director)
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

First establishment Leopold III-laan 25, Waregem

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

IniT consulting was incorporated on 10 September 2024 as a private limited company by one natural person, with a starting capital of €3,000.12 The board currently has 2 members.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-09-2024
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
1013.389.682
VAT number
BE 1013.389.682
Peppol ID
0208:1013389682
Other Peppol ID
9925:BE1013389682
Legal form
Private limited company
Status
Active, normal situation
Founded
10-09-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of June at 10:00
deed of 12-09-2024 (in Dutch)
Peppol
Reachable since 17-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
iniT consulting in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-09-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 12-09-2024 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
62020 IT consultancy main activity
62010 Computer programming, consultancy and related activities
62030 Computer programming, consultancy and related activities
62090 Computer programming, consultancy and related activities
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met het verlenen van advies en bijstand aan ondernemingen en…”
14 activities
  1. Alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met het verlenen van advies en bijstand aan ondernemingen en privaatpersonen; de verrichtingen kunnen onder meer gebundeld worden in de vorm van studies, systeemontwikkeling, implementatie of vorming en opleiding;
  2. Het leveren van adviesdiensten in het algemeen en in het bijzonder advies op het vlak van bedrijfs- en werkprocessen, in kaart brengen en optimaliseren van processen en de algemene bedrijfsvoering;
  3. Het analyseren van behoeften en problemen van klanten en gebruikers, definiëren van ICT en andere behoeften, assistentie bij selectie van leveranciers, software en ICT-keuzes;
  4. De projectmatige, functionele en technische ondersteuning van implementaties van bedrijfsinformaticasystemen;
  5. De invoering, de projectontwikkeling en de installatie van alle technologiesystemen, hardware en software, de definitie van allerhande automatiseringsoplossingen en -architecturen en het uitvoeren van alle daarmee samenhangende diensten;
  6. Het uitvoeren van alle verrichtingen eigen aan een ICT- of adviesbureau, onder meer het ontwerpen, analyseren, creëren, ontwikkelen en bouwen, testen en in productie zetten van software, databanken of andere ICT-Tools en het verlenen van advies over hardware, software, applicaties en netwerken samen met het leveren en/of organiseren van het onderhoud van bestaande applicaties.
  7. De aankoop, de verkoop, het huren en verhuren, de huurkoop en de leasing van computers, hoogtechnologisch materiaal en apparatuur en, in het algemeen, van elk informatica en elektronisch materiaal, met inbegrip van, maar niet beperkt tot (i) personal computers, bedienings- en controlepanelen, (ii) computerwerkstations, processors, (iii) digitale overbrengers, telefaxapparaten, plotters, printers, toetsenborden, toevoertoebehoren, beeldschermen, computerterminals, en (iv) onderdelen, uitrusting toebehoren en randapparatuur weliswaar via een elektronische weg, webshop (E-Commerce)
  8. Het bevorderen van de oprichting van vennootschappen door inbreng, participaties of investering;
  9. Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve deze die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheek-maatschappijen en kapitalisatieondernemingen;
  10. Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard; in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen, rechtstreeks of onrechtstreeks op het vlak van administratie en financiën, verkoop, technische ontwikkeling, productie en algemeen bestuur en alle managementactiviteiten in de algemene zin;
  11. Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars, het uitoefenen van opdrachten en functies;
  12. Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, know-how en aanverwante immateriële duurzame activa;
  13. Het verlenen van administratieve prestaties en computerservices;
  14. Het onderzoek, de ontwikkeling, de vervaardiging of commercialisering van nieuwe producten, nieuwe machines, nieuwe vormen van technologie en hun toepassingen;
deed of 12-09-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Leopold III-laan 25 registered office 8792 Waregem 10-09-2024 2.366.622.430

Buildings and parcels at the address

Ground area
403 m²
Buildings
69 m²
Volume, LiDAR
407 m³
Tallest building
8.8 m
Buildings to scale, each on its own parcel
69 m², 8.8 m 69 m², 8.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
34010A0364/03S004403 m² 1 · 69 m² 8.8 m · 2