INNOCENTI
ActiveINNOCENTI has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €167k. Equity is growing by ~39.2% per year across the filed fiscal years. Its solvency ranks better than 12% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+23
Solvency35▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.13 in 2024; short-term debt: 89.7% and cash: 0.6% of total assets), and 89.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.3%
Return on assets
37.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 7778 sector peers (2025).
NBB · sector comparisonPosition among 7778 sector peers
Solvency
better than 12%
← weakest
strongest →
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 filingsDeviation from the deadline
2025
8 d early
2024
27 d late
2023
27 d late
2022
31 d late
2021
29 d late
2020
31 d late
2019
96 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€46k▲ 36.2%
2024 · €34k
2018: €6k
2019: €6k
2020: €6k
2021: €8k
2022: €12k
2023: €21k
2024: €34k
2018 → 2025
Total assets
€451k▲ 59.4%
2024 · €283k
2018: €126k
2019: €153k
2020: €168k
2021: €197k
2022: €207k
2023: €251k
2024: €283k
2018 → 2025
Net result
€167k▲ 791%
2024 · €19k
2018: €374
2019: €290
2020: €-2k
2021: €3k
2022: €4k
2023: €9k
2024: €19k
2018 → 2025
Working capital
€46k▲ 41.1%
2024 · €33k
2018: €5k
2019: €6k
2020: €3k
2021: €6k
2022: €11k
2023: €20k
2024: €33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€12k▲ 53.8%€21k▲ 78.4%€34k▲ 59.9%€46k▲ 36.2%
Operating result€3k-€5k▲ 45.0%€14k▲ 202%€23k▲ 67.1%€171k▲ 647%
Net result€3k-€4k▲ 34.0%€9k▲ 124%€19k▲ 100%€167k▲ 791%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 647% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €451k
Equity
€46k▲ 36.2%
Debt
€404k▲ 62.6%
The debt ratio rises from 87.9% to 89.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€171k▲
2024 · €23k
Cash flow
€167k▲
2024 · €19k
Solvency
10.3%▼
2024 · 12.1%
Current ratio
1.11▼
2024 · 1.13
Quick ratio
1.11▼
2024 · 1.13
Debt / equity
8.70▲
2024 · 7.28
ROE
359.9%▲
2024 · 55.0%
ROA
37.1%▲
2024 · 6.6%
Interest coverage
36.49▲
2024 · 5.98
Debt
€404k▲
2024 · €249k
Debt ≤ 1 year
€404k▲
2024 · €249k
Income taxes
€4k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€283k€451k▲
Fixed assets21/28€1k€0▼
Tangible fixed assets22/27€1k€0▼
Furniture and vehicles24€725€0▼
Other tangible fixed assets26€469€0▼
Current assets29/58€282k€451k▲
Amounts receivable within one year40/41€279k€448k▲
Trade receivables40€18k€10k▼
Other amounts receivable41€260k€438k▲
Cash at bank and in hand54/58€3k€3k▼
Deferred charges and accrued income490/1€113€0▼
Equity and liabilities
Total equity and liabilities10/49€283k€451k▲
Equity10/15€34k€46k▲
Contributions10/11€19k€19k=
Reserves13€16k€28k▲
Distributable reserves133€16k€28k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€249k€404k▲
Amounts payable within one year42/48€249k€404k▲
Current portion of amounts payable after more than one year42€4k€2k▼
Trade debts44€38k€15k▼
Suppliers440/4€38k€15k▼
Taxes, remuneration and social security45€496€570▲
Taxes450/3€496€570▲
Other amounts payable47/48€206k€387k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€619€0▼
Other operating charges640/8€846€857▲
Gross operating margin9900€24k€171k▲
Operating profit (loss)9901€23k€171k▲
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€24k€171k▲
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€19k€167k▲
Profit (loss) for the period to be appropriated9905€19k€167k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€167k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€13k€12k▼
To other reserves6921€13k€12k▼
Profit to be distributed694/7€6k€155k▲
Directors or managers695€6k€155k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
State Gazette act
RestructuringBoard meeting · Merger · Accounting effect5 facts ▸
State Gazette act
Restructuring
Board meeting · Merger · Accounting effect5 facts ▸
- Board meeting, 23/07/2026
- Merger, vereenvoudigde procedure, 100%
- Accounting effect, 01/07/2026
- Power of attorney, BV Decavan
- Interim balance sheet, 30/06/2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €167k ▲791%
Operating result €171k, net result €167k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-2k ▼641%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 96 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Antwerpsesteenweg 6519040 GentGround area
1,714 m²
Building footprint
578 m²
Parcel 44061B0106/00F005, Flanders. Linked by address, not a title deed.
1 establishment unit
Antwerpsesteenweg 651, 9040 Gent
since 19892.046.062.669
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44061B0106/00F005 | Flanders | 1,714 m² | 1 · 578 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:AoT BV
Similar companies · same sector, comparable size
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ALL-IN PAINTING
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DECORATIE VANDENHEEDE
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IDEAL PEINTURE
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Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,301 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-1989
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.