Debts
€141,436 99% of the balance sheet
INNOTRADE
Lifetime
1 annual account with figurespeak -€2,752 (2025)
-€2,752
lowest -€3,284 (2025)
-€3,284
peak €1,716 (2025)
€1,716
€141,436
Board2 names since 2025
2 directorsCHEN Yi and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €3,284Incorporation 20-051 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
49
Fair
Financially stronger than 18% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,276 companies (NACE 47, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2026: 1.8%lowest value
07-2026: 1.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.9%● unchanged vs 07-2026
09-2026: 2.8%▲ +0.9 percentage points vs 08-2026
10-2026: 2.9%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 2.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2025
Sector: Retail trade (NACE 47)
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Equity €1,716 (1.2% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 20% of them on solvency, 10% on liquidity and 26% on profitability.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 280 companies had the same profile as INNOTRADE has now. Each dot is one company, two years later.
95.7%
were still trading
3.2%
stopped another way
1.1%
went bankrupt
The bankruptcy probability of INNOTRADE itself is higher: 2.9% within 12 months. It rests on far more data about INNOTRADE than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 280 companies, not a prediction for INNOTRADE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 22909 sector peers (2025).
NBB · sector comparisonPosition among 22909 sector peers
Solvency
better than 23%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- CHEN Yi 50 sharesdeed of 20-05-2025
- RIJNBERG Illya 50 sharesdeed of 20-05-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1023420967
Incorporation
Founding capital of €5,000, 100 shares · Founders: CHEN Yi and RIJNBERG Illya · Appointments: CHEN Yi (director) and RIJNBERG Illya (successor director) · published on 20-05-2025 · Gazette deed
First establishment
Hellestraat 152, Stekene
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INNOTRADE Stekene | €143,152 | -€2,752 | 1.2% | - |
| AGC MOTORS Waterloo | €144,975 | -€21,593 | -2.1% | - |
| S&S Oudenburg | €182,729 | -€8,303 | -26.0% | - |
| ACCELERA AUTOMOTIVE Aalst | €148,309 | -€12,509 | -7.4% | - |
| AD GROUP Sint-Gillis-Waas | €96,051 | -€5,640 | -0.7% | - |
| J.R.F. Service Oosterzele | €155,379 | -€31,939 | -21.5% | - |
| MRZ Automotive Aartselaar | €106,767 | -€58,007 | -53.1% | - |
These companies have their main activity in the same NACE class as INNOTRADE: retail trade (NACE 4781). With exactly the same main activity (NACE 47813), too few companies are of comparable size. They are comparable in size and age: total assets between €96,100 and €183,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 16-05-2025Normal situation
- Activity
- Retail tradeNACE 47813and 4 others
- Establishment unit
- 2.373.967.4099190 Stekene, since 16-05-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 03-10-2025
Insights on INNOTRADE
The computed 12-month bankruptcy probability of INNOTRADE is 2.9% (moderate). The 2025 annual accounts show equity of €1,716 and a net result of -€3,284.
Its solvency ranks better than 23% of 22,909 sector peers (NACE 47, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about INNOTRADE
- What is the company number of INNOTRADE?
- The company number of INNOTRADE is 1023.420.967. The VAT number is the same number with BE in front: BE 1023.420.967.
- Where is INNOTRADE based?
- The registered office is at Hellestraat 152, 9190 Stekene.Company details
- What does INNOTRADE do?
- According to the KBO register, the main activity is retail trade (NACE 47813).
- What is the legal form of INNOTRADE?
- INNOTRADE is a private limited company (BV).
- When was INNOTRADE founded?
- INNOTRADE was founded on 16-05-2025.
- Is INNOTRADE still active?
- Yes, INNOTRADE is an active enterprise in the KBO register.
- What is the turnover of INNOTRADE?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is INNOTRADE profitable?
- In financial year 2025, INNOTRADE made a loss of €3,284.
- Where can I find the annual accounts of INNOTRADE?
- INNOTRADE filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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