Skip to content

INNOPA

Active
Public limited companyfounded 1991active for 35 yearsAarschotsesteenweg 225, 3012 Leuven, BelgiumKBO/BCE: BE 0444.575.645
Summary

INNOPA has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.9m and a net result of -€83,961. Equity is growing by about 5.1% per year across the filed financial years. Its solvency ranks better than 80% of 507 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Operation of sports facilities
NACE 93110Business and other management consultancy NACE 70200
3rd largest company by equity in Leuven, Arts, sports and recreation sector1 site
Size
€4.7mturnover 2025
Staff
27.8 FTE
Equity
€3.9m
Loss
-€83,961
Standalone figures, without subsidiaries
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Largest shareholder
ARTABEL Engineering · 34.96%
Holdings
3
Auditor: Forvis Mazars Réviseurs d’EntreprisesAccounts filed 40 days late2 of 11 deeds read
Why 86raises riskLiquidity: current ratio 0.46, cash €582, halvedLatest accounts 40 days late; 1 of the last 3 latelowers riskFounded in 1991Size: turnover €4.7m, 27.8 FTE, total assets €5.5m, files consolidated accountsShow the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (NACE 93, small)
Financial strength · tick = 2024
Average
Solvency 96-2
equity 71.1% of total assets
Liquidity 40-4
short-term debt 25.5% · cash 0.0%
Profitability 19-17
return on assets -1.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (422 companies, NACE 93, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.1 percentage points vs 09-2026
Credit of up to €330,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.46, compared with 0.58 in 2024, below 1; short-term debt: 25.5% and cash: 0% of total assets), and 28.9% of the assets are financed with debt and provisions.
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 (NACE 93, small): better than 85% on solvency, 28% on liquidity, 19% on profitability and 50% on growth.

The bankruptcy probability was computed on 17-10-2026 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).

Credit check for your own amount and term

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.46, cash €582, halved
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 40 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: turnover €4.7m, 27.8 FTE, total assets €5.5m, files consolidated accounts
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 6 filings
Deviation from the deadline
2025
40 days late
2024
13 days early
2023
22 days late
2022
5 days early
2021
3 days early
2020
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 12 days after the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed 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 28 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Forvis Mazars Bedrijfsrevisoren - Réviseurs…Gazette deed
  2. Annual accounts filedfinancial year 2025 · consolidated…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Caution: From profit to loss in 2025after €40,656 in 2024 -€83,961 View
  • Positive: 3rd largest company by equity in Leuven, Arts, sports and recreation sectorin the Checked rankings No. 3 View
  • Known shareholdersaccounts at 31-12-2025 100% View

By topic

Financials

Financial year
2025
Turnover
€4.7m
Loss
-€83,961
Solvency
71.1%
Turnover▲ 8.5%
Net result
20182025
Go to Financials

Board & ownership

Largest shareholder
ARTABEL Engineering · 34.96%
Known shareholders
100%
Auditor
Forvis Mazars Réviseurs d’Entreprises
Go to Board & ownership

Timeline

Events
42
Since
1993
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 09-12-2025Appointment: Koen Potters (vertegenwoordiger van de commissaris)
  3. 28-11-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Operation of sports facilitiesNACE 93110
Founded
01-07-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.