INNOTECH
ActiveINNOTECH has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-229k) and a net result of €-150k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 212 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-19
Solvency24▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.36 in 2024; short-term debt: 101% and cash: 0.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-229k
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
84 d early
2023
61 d early
2022
49 d early
2021
76 d early
2020
2 d early
2019
1 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-229k▼ 189%
2024 · €-79k
2019: €17k
2020: €13k
2021: €9k
2022: €7k
2023: €-18k
2024: €-79k
2019 → 2025
Total assets
€23.62M▼ 25.6%
2024 · €31.75M
2019: €35k
2020: €30k
2021: €27k
2022: €25k
2023: €1.90M
2024: €31.75M
2019 → 2025
Net result
€-150k▼ 144%
2024 · €-61k
2019: €-8k
2020: €-4k
2021: €-4k
2022: €-2k
2023: €-25k
2024: €-61k
2019 → 2025
Working capital
€-22.67M▼ 11.5%
2024 · €-20.32M
2019: €13k
2020: €12k
2021: €9k
2022: €7k
2023: €-1.23M
2024: €-20.32M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€7k▼ 22.6%€-18k€-79k▼ 342%€-229k▼ 189%
Operating result€-4k-€-2k▲ 52.0%€-7k▼ 270%€-30k▼ 356%€-114k▼ 274%
Net result€-4k-€-2k▲ 48.2%€-25k▼ 1,111%€-61k▼ 145%€-150k▼ 144%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €114k in 2025 against €30k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23.62M
Fixed assets
€22.44M▲ 10.9%
Current assets
€1.18M▼ 89.8%
Key figures and ratios
EBITDA
€-104k
Cash flow
€-140k
Solvency
-1.0%▼
2024 · -0.2%
Current ratio
0.05▼
2024 · 0.36
Quick ratio
0.05▼
2024 · 0.36
ROA
-0.6%▼
2024 · -0.2%
Interest coverage
-0.09
Debt
€23.85M▼
2024 · €31.83M
Debt ≤ 1 year
€23.85M▼
2024 · €31.83M
A ratio outside any meaningful range has been withheld (balance sheet total €23.62M, equity €-229k).
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€31.75M€23.62M▼
Fixed assets21/28€20.24M€22.44M▲
Intangible fixed assets21€43k€40k▼
Financial fixed assets28€20.20M€22.40M▲
Current assets29/58€11.51M€1.18M▼
Amounts receivable within one year40/41€11.33M€997▼
Trade receivables40€36k€0▼
Other amounts receivable41€11.29M€997▼
Cash at bank and in hand54/58€126k€26k▼
Deferred charges and accrued income490/1€54k€1.15M▲
Equity and liabilities
Total equity and liabilities10/49€31.75M€23.62M▼
Equity10/15€-79k€-229k▼
Contributions10/11€19k€19k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-104k€-254k▼
Amounts payable17/49€31.83M€23.85M▼
Amounts payable within one year42/48€31.83M€23.85M▼
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Other amounts payable47/48€31.83M€23.84M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€10k
Other operating charges640/8€449€1k▲
Gross operating margin9900€-30k€-103k▼
Operating profit (loss)9901€-30k€-114k▼
Financial income75/76B€121k€1.13M▲
Recurring financial income75€121k€1.13M▲
Financial charges65/66B€152k€1.17M▲
Recurring financial charges65€152k€1.17M▲
Profit (loss) for the period before taxes9903€-61k€-150k▼
Profit (loss) for the period9904€-61k€-150k▼
Profit (loss) for the period to be appropriated9905€-61k€-150k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-104k€-254k▼
Profit (loss) brought forward from the previous period14P€-43k€-104k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (14 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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-150k
Net result drops to €-150k, the lowest in the series.
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 2014
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.
De Lange Beemden 14.13550 Heusden-ZolderGround area
3,741 m²
Building footprint
1,634 m²
Parcel 71065B1051/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
INNOTECH
since 20142.235.170.010
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065B1051/00M000 | Flanders | 3,741 m² | 1 · 1,634 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.
Similar companies · same sector, comparable size
MEDITIME
BE 0479.997.867
Wemmel · Eq €8k
SERIN-BE
BE 0746.802.208
Limbourg · Eq €6k
Delia Accardo BV
BE 0803.409.626
Maasmechelen · Eq €9k
I-Equestrian
BE 0763.705.843
Sint-Katelijne-Waver · Eq €10k
L' école de tous
BE 0598.831.676
Watermaal-Bosvoorde · Eq €5k
Of 423 companies in sector 72200 we hold annual accounts for 145. 40 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2014
Fiscal year end31-12
Activities, NACEBEL
72200Scientific research and development
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.