INNO-FINLAND

Active

Public limited companyfounded 1987active for 39 yearsZevenbronnen 4A, 1640 Sint-Genesius-Rode, BelgiumKBO/BCE: BE 0430.706.625

From the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

INNO-FINLAND has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€36,648) and a net result of -€7,947. Equity is shrinking by about 38% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow Report Compare

INNO-FINLANDActiveChecked score 53/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 17-03-1987 Normal situation
Legal form: Public limited company
Registered office: Zevenbronnen 4A, 1640 Sint-Genesius-Rode
Activity: No activity registered in the KBO
Establishment unit: 2.031.123.679 1640 Sint-Genesius-Rode, since 11-06-1987
Financial year end: 31 August
Peppol: Not found in the Peppol Directory

Company details

Who decides

Board

DE MAERTELAERE MICHELEDirector · since 30-08-2024
LA MOVIDADirector · since 30-08-2024

Shareholders

MAX & LO COMPANY98%annual accounts 2021

Board & ownership

How it is doing

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.6%

Annual accounts to 31-08-2025

Gross margin: €7,783; ▼ 29.4%
Turnover: ≈ €60,000; estimated
Loss: €7,947; ▲ 69.1%
Equity: -€36,648; ▼ 27.7%
Total assets: €98,813; ▼ 9.9%

2025 accounts filed 28 days late

Filed on 28-04-2026PDF

Financials

Why 53raises riskCapped at 59: negative equityNegative equity -€36,648Loss of €7,947, the second in a row (financial year 2025)lowers riskSize: total assets €98,813Founded in 1987Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 12% of its sector peers (no NACE code, micro)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -37.1% of total assets

Liquidity 4+2

short-term debt 137.1% · cash 2.9%

Profitability 35-18

return on assets -8.0%

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.4%▲ +0.1 percentage points vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.7%▲ +0.2 percentage points vs 03-2025 05-2025: 0.3%▼ -0.4 percentage points 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 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.5%▲ +0.2 percentage points vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.9%▲ +0.3 percentage points vs 03-2026highest value 05-2026: 0.6%▼ -0.3 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.09, compared with 0.08 in 2024, below 1; short-term debt: 137.1% and cash: 2.9% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 5% on solvency, 6% on liquidity, 24% on profitability and 14% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Size: total assets €98,813

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Negative equity -€36,648

NBB · annual accounts

Founded in 1987

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Loss of €7,947, the second in a row (financial year 2025)

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€36,648

2025 accounts filed 28 days late

The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 28-04-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

28 days late

2024

26 days late

2023

2 days early

2022

24 days late

2021

27 days late

2020

22 days late

2019

40 days early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 12 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 26 April (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-08-2026 year end31-10-2026 today31-03-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€36,648 View
Risk: 7 loss-making years in a rowloss financial year 2025 -€7,947 View
Controlled by MAX & LO COMPANY 98% View

Documents

Key facts about INNO-FINLAND

What is the company number of INNO-FINLAND?: 0430.706.625. In Belgium the VAT number is the company number with BE in front: BE 0430.706.625.
Where is INNO-FINLAND based?: The registered office is at Zevenbronnen 4A, 1640 Sint-Genesius-Rode.Company details
What is the legal form of INNO-FINLAND?: Public limited company (NV).
When was INNO-FINLAND founded?: On 17-03-1987.
Is INNO-FINLAND still active?: Yes, INNO-FINLAND is an active enterprise in the KBO register.
What is the turnover of INNO-FINLAND?: ≈ €60,000 in financial year 2025. Estimated from the gross margin of €7,783: probably between €27,000 and €140,000, based on 6,331 comparable companies of the same size. A rough estimate.Financials
Is INNO-FINLAND profitable?: In financial year 2025, INNO-FINLAND made a loss of €7,947.
Where can I find the annual accounts of INNO-FINLAND?: INNO-FINLAND filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of INNO-FINLAND due?: By 31-03-2027, for financial year 2026.Timeline