INNOTION
ActiveSummary
INNOTION has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €9k. Equity is growing by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▼-2
Solvency95▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 3.44 against 7.05 in 2024; short-term debt: 25.2% and cash: 57.8% of total assets), and 29.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
21 d early
2023
1 d early
2022
4 d early
2021
18 d early
2020
11 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▲ 31.4%
2024 · €7k
2019: €69
2020: €-5k▼ -7819% vs 2019lowest in 7 years
2021: €679▲ +113% vs 2020
2022: €8k▲ +1110% vs 2021
2023: €6k▼ -28.4% vs 2022
2024: €7k▲ +13.6% vs 2023
2025: €9k▲ +31.4% vs 2024highest in 7 years
2019 → 2025
Working capital
€27k▲ 9.4%
2024 · €25k
2019: €10k
2020: €6k▼ -47.0% vs 2019lowest in 7 years
2021: €6k▲ +12.3% vs 2020
2022: €13k▲ +117% vs 2021
2023: €18k▲ +36.0% vs 2022
2024: €25k▲ +34.4% vs 2023
2025: €27k▲ +9.4% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€15k▲ 130%€20k▲ 40.5%€27k▲ 32.8%€31k▲ 14.0%
2021: €6klowest in 5 years
2022: €15k▲ +130% vs 2021
2023: €20k▲ +40.5% vs 2022
2024: €27k▲ +32.8% vs 2023
2025: €31k▲ +14.0% vs 2024highest in 5 years
Operating result€2k-€11k▲ 492%€8k▼ 26.5%€9k▲ 12.4%€13k▲ 36.9%
2021: €2klowest in 5 years
2022: €11k▲ +492% vs 2021
2023: €8k▼ -26.5% vs 2022
2024: €9k▲ +12.4% vs 2023
2025: €13k▲ +36.9% vs 2024highest in 5 years
Net result€679-€8k▲ 1,110%€6k▼ 28.4%€7k▲ 13.6%€9k▲ 31.4%
2021: €679lowest in 5 years
2022: €8k▲ +1110% vs 2021
2023: €6k▼ -28.4% vs 2022
2024: €7k▲ +13.6% vs 2023
2025: €9k▲ +31.4% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44k
Fixed assets
€6k ▲ 137%
Current assets
€38k ▲ 32.5%
Equity and liabilities €44k
Equity
€31k ▲ 14.0%
Debt
€13k ▲ 220%
Debt's share of the balance-sheet total rises from 13.0% to 29.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▲
2024 · €10k
Cash flow
€10k▲
2024 · €8k
Current ratio
3.44▼
2024 · 7.05
Debt to equity
0.42▲
2024 · 0.15
ROE
28.5%▲
2024 · 24.7%
ROA
20.0%▼
2024 · 21.5%
Interest coverage
52.30▲
2024 · 35.71
Debt ≤ 1 year
€11k▲
2024 · €4k
Income taxes
€4k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€31k€44k▲
Fixed assets21/28€3k€6k▲
Tangible fixed assets22/27€2k€6k▲
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24€1k€869▼
Financial fixed assets28€115€115=
Current assets29/58€29k€38k▲
Amounts receivable within one year40/41€9k€12k▲
Trade receivables40€6k€5k▼
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€19k€25k▲
Deferred charges and accrued income490/1€564€951▲
Equity and liabilities
Total equity and liabilities10/49€31k€44k▲
Equity10/15€27k€31k▲
Contributions10/11€21k€21k=
Reserves13-€9k
Distributable reserves133-€9k
Profit (loss) carried forward14€7k€2k▼
Amounts payable17/49€4k€13k▲
Amounts payable within one year42/48€4k€11k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48-€5k
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€820€811▼
Other operating charges640/8€1k€756▼
Gross operating margin9900€11k€14k▲
Operating profit (loss)9901€9k€13k▲
Financial income75/76B€254€326▲
Recurring financial income75€254€326▲
Financial charges65/66B€286€261▼
Recurring financial charges65€286€261▼
Profit (loss) for the period before taxes9903€9k€13k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€7k€9k▲
Profit (loss) for the period to be appropriated9905€7k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€15k▲
Profit (loss) brought forward from the previous period14P€-179€7k▲
Transfer to equity691/2-€9k
To other reserves6921-€9k
Profit to be distributed694/7-€5k
Return on contributions (dividend)694-€5k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €256 | €539 | €820 | €811 | ▼ 1.1% |
| Other operating charges640/8 | - | €957 | €792 | €1k | €756 | ▼ 26.0% |
| Gross operating margin9900 | €3k | €13k | €10k | €11k | €14k | ▲ 28.4% |
| Operating profit (loss)9901 | €2k | €11k | €8k | €9k | €13k | ▲ 36.9% |
| Financial income75/76B | - | - | €0 | €254 | €326 | ▲ 28.6% |
| Recurring financial income75 | €2 | - | €0 | €254 | €326 | ▲ 28.6% |
| Financial charges65/66B | - | €120 | €85 | €286 | €261 | ▼ 8.6% |
| Recurring financial charges65 | €84 | €120 | €85 | €286 | €261 | ▼ 8.6% |
| Profit (loss) for the period before taxes9903 | €2k | €11k | €8k | €9k | €13k | ▲ 38.1% |
| Income taxes67/77 | €1k | €3k | €2k | €3k | €4k | ▲ 54.8% |
| Profit (loss) for the period9904 | €679 | €8k | €6k | €7k | €9k | ▲ 31.4% |
| Profit (loss) for the period to be appropriated9905 | €679 | €8k | €6k | €7k | €9k | ▲ 31.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11k | €23k | €24k | €31k | €44k | ▲ 40.8% |
| Fixed assets21/28 | €115 | €1k | €2k | €3k | €6k | ▲ 137% |
| Tangible fixed assets22/27 | - | €951 | €2k | €2k | €6k | ▲ 143% |
| Plant, machinery and equipment23 | - | - | €1k | €1k | €5k | ▲ 338% |
| Furniture and vehicles24 | - | €951 | €549 | €1k | €869 | ▼ 30.9% |
| Financial fixed assets28 | €115 | €115 | €115 | €115 | €115 | = |
| Current assets29/58 | €11k | €22k | €22k | €29k | €38k | ▲ 32.5% |
| Amounts receivable within one year40/41 | €5k | €6k | €9k | €9k | €12k | ▲ 33.2% |
| Trade receivables40 | - | €6k | €7k | €6k | €5k | ▼ 4.6% |
| Other amounts receivable41 | - | €429 | €2k | €3k | €6k | ▲ 100% |
| Cash at bank and in hand54/58 | €5k | €13k | €13k | €19k | €25k | ▲ 31.1% |
| Deferred charges and accrued income490/1 | - | €2k | €449 | €564 | €951 | ▲ 68.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11k | €23k | €24k | €31k | €44k | ▲ 40.8% |
| Equity10/15 | €6k | €15k | €20k | €27k | €31k | ▲ 14.0% |
| Contributions10/11 | €19k | €21k | €21k | €21k | €21k | = |
| Reserves13 | €2k | - | - | - | €9k | - |
| Distributable reserves133 | - | - | - | - | €9k | - |
| Profit (loss) carried forward14 | €-14k | €-6k | €-179 | €7k | €2k | ▼ 72.3% |
| Amounts payable17/49 | €4k | €8k | €4k | €4k | €13k | ▲ 220% |
| Amounts payable within one year42/48 | €4k | €8k | €4k | €4k | €11k | ▲ 172% |
| Trade debts44 | €2k | €3k | €625 | €2k | €2k | ▲ 19.9% |
| Suppliers440/4 | - | €3k | €625 | €2k | €2k | ▲ 19.9% |
| Taxes, remuneration and social security45 | - | €5k | €3k | €2k | €4k | ▲ 74.8% |
| Taxes450/3 | - | €5k | €3k | €2k | €4k | ▲ 74.8% |
| Other amounts payable47/48 | - | €0 | - | - | €5k | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €679 | €8k | €6k | €7k | €9k | ▲ 31.4% |
| + Depreciation and write-downs630 | - | €256 | €539 | €820 | €811 | ▼ 1.1% |
| Operating cash flow (approximation) | €679 | €8k | €6k | €8k | €10k | ▲ 27.9% |
| Investment in fixed assets (approximation) | - | €-1k | €-2k | €-1k | €-4k | ▼ 249% |
| Change in cash | - | €7k | €24 | €7k | €6k | ▼ 9.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €9k ▲31.4%
Operating result €13k, net result €9k, both a record.
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 5.53
Current ratio from 2.67 to 5.53; short-term debt falls from €8k to €4k.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Back to profitnet €679
Net result €679 after one loss-making year.
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Wavre · 1 establishment unit since 2011
Ground area
1,221 m²
Building footprint
184 m²
Volume, LiDAR
998 m³
Parcel 25772K0102/00L006, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
INNOTION
since 20112.198.490.944
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772K0102/00L006 | Wallonia | 1,221 m² | 1 · 184 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
La Vittoria
BE 0472.707.922
Antwerpen · Eq €31k
Algemene Handel en Industrieonderneming voor Textiel
BE 0404.560.868
Antwerpen · Eq €32k
MECATOM
BE 0799.259.115
Saint-Nicolas · Eq €34k
BENELUX PAPER AGENCIES
BE 0430.099.186
Antwerpen · Eq €28k
PurFi Manufacturing Belgium
BE 0737.353.319
Waregem · Eq €38k
Of 432 companies in sector 46869 we hold annual accounts for 244. 80 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-03-2011
Fiscal year end31-03
Activities, NACEBEL 2025
46869Wholesale trade
47559Retail sale of other household articles
47789Other retail sale of new goods
82100Office administrative and support services
82990Other business support services
Contact
Website
www.innotion.be
E-mail
jau@innotion.be
Phone
010/22.63.26
Fax
010/22.63.26
Phone
0477/77.13.68Wavre
Scores and ratios are computed by Checked and are not a credit decision.