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INITIATIVE-NATURE

Active
Non-profit associationfounded 1987active for 39 yearsRue du Charbonnage, Floriffoux 2, 5150 Floreffe, BelgiumKBO/BCE: BE 0432.956.431
Summary

INITIATIVE-NATURE has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€69,620) and a net result of -€7,734. Equity has been shrinking by about 13% per year since 2018. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-01-1987 Normal situation
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Reachable since 09-09-2025

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€7,642
▼ 329%
Deficit
€7,734
▲ 407%
Equity
-€69,620
▼ 12.5%
Total assets
€103,967
▲ 36.5%
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityLoss of €7,734, the second in a row (financial year 2025)No main activity registeredlowers riskLegal form: non-profit associationSize: total assets €103,967Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 26% of micro companies without a NACE code
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -67.0% of total assets
Liquidity 73+10
short-term debt 53.8% · cash 100.0%
Profitability 9-23
return on assets -7.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025highest value 12-2025: 0.3%● unchanged vs 11-2025highest value 01-2026: 0.3%● unchanged vs 12-2025highest value 02-2026: 0.3%● unchanged vs 01-2026highest value 03-2026: 0.3%● unchanged vs 02-2026highest value 04-2026: 0.3%● unchanged vs 03-2026highest value 05-2026: 0.3%● unchanged vs 04-2026highest value 06-2026: 0.3%● unchanged vs 05-2026highest value 07-2026: 0.3%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is ample, with a current ratio of 1.86 (1.43 in 2024), above the usual 1.5. Short-term debt is 53.8% and cash 100% of total assets. However, equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 5% of them on solvency, 68% on liquidity, 11% on profitability and 22% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Size: total assets €103,967
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €7,734, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€69,620
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
357 days late
2023
722 days late
2022
1088 days late
2021
1453 days late
2020
1818 days late
2019
2175 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 1086 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 accounts filed within 730 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€69,620 View
  • Risk: 5 loss-making years in a rowloss in financial year 2025 -€7,734 View

Key facts about INITIATIVE-NATURE

What is the company number of INITIATIVE-NATURE?
The company number of INITIATIVE-NATURE is 0432.956.431. The VAT number is the same number with BE in front: BE 0432.956.431.
Where is INITIATIVE-NATURE based?
The registered office is at Rue du Charbonnage, Floriffoux 2, 5150 Floreffe.Company details
What is the legal form of INITIATIVE-NATURE?
The legal form of INITIATIVE-NATURE is Non-profit association (VZW).
When was INITIATIVE-NATURE founded?
INITIATIVE-NATURE was founded on 01-01-1987.
Is INITIATIVE-NATURE still active?
Yes, INITIATIVE-NATURE is an active enterprise in the KBO register.
How many employees does INITIATIVE-NATURE have?
INITIATIVE-NATURE had an average of 2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of INITIATIVE-NATURE?
The annual accounts for financial year 2025 state no turnover.
Is INITIATIVE-NATURE profitable?
In financial year 2025, INITIATIVE-NATURE made a loss of €7,734.
Where can I find the annual accounts of INITIATIVE-NATURE?
INITIATIVE-NATURE filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INITIATIVE-NATURE due?
INITIATIVE-NATURE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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