INNOVAFOOD

Active

Public limited companyfounded 200025 yrs activeWestpoort 64, 2070 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0473.301.897

Summary

INNOVAFOOD has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.3m and a net result of €1.2m. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 5451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisWatch Report Compare

INNOVAFOODActiveChecked score 55/100

Risk analysis Report Compare

What they do

Wholesale of other food products

NACE 46389NACE 51384

1 site

How big

€24.5mturnover 2025

Staff: 6 FTE
Equity: €6.3m
Profit: €1.2m

Financially healthy?

55 Fair Checked score 2025

Bankruptcy chance 12 m: 1.0%

Who decides

Parent: JAIN FARM FRESH HOLDINGS · 100%

Accounts filed 287 d late0 of 13 deeds read

Why 55Capped at 59: a confirmed filing finding- Latest accounts 287 days late; 2 of the last 3 late- Liquidity: current ratio 1.84, cash €336,514, halved+ Founded in 2000+ Legal form Public limited companyShow the evidence

Checked score

Score 2025

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 49% of its sector peers (NACE 46, micro)

Performance against the sector, not lower risk

A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 64+10

equity 38.7% of total assets

Liquidity 26=

short-term debt 51.7% · cash 2.1%

Profitability 69+13

return on assets 7.4%

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,765 companies)

Last 3 months 08-2026: 2.7%highest value 09-2026: 0.9%▼ -66.8% vs 08-2026lowest value 10-2026: 1.0%▲ +15.0% vs 09-2026

Latest accounts 287 days late; 2 of the last 3 late raises the probability
Founded in 2000 lowers the probability for this profile
Liquidity: current ratio 1.84, cash €336,514, halved raises the probability
Legal form Public limited company lowers the probability

Credit up to €340,000 at 30 days only on tighter terms

Liquidity ample (current ratio 1.84 against 1.66 in 2024; short-term debt: 51.7% and cash: 2.1% of total assets), but 61.3% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 47%, liquidity 24%, profitability 51%, growth against the median 75%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk

Latest accounts 287 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Founded in 2000

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Liquidity: current ratio 1.84, cash €336,514, halved

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Legal form Public limited company

In the bankruptcy model this factor lowers the probability.

KBO

Filed more than 90 days late

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-08-2026, 287 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

287 d late

2024

22 d late

2023

164 d late

2022

30 d late

2021

2 d early

2020

236 d late

2019

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 105 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 30 November (4 of the last 5 filed years within 134 days of that day).

Companies Code · seven months

Position in the running window

31-03-2026 close02-10-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

14-08-26 Annual accounts filedfiscal year 2025 · full…
22-11-24 Annual accounts filedfiscal year 2024 · full…
12-04-24 Annual accounts filedfiscal year 2023 · full…

Key points

Caution: Latest accounts filed lateafter the legal deadline 287 d View
Positive: Among the best 17% on net resultsector median €115,462 · 5,397 companies €1.2m View
Controlled by JAIN FARM FRESH HOLDINGSknown shareholders 100% 100% View
Positive: 7 profitable years in a rowprofit 2025: €1.2m 7 years View
Positive: Result rose in 2025from €897,024 to €1.2m ▲ 35.0% View