Active BE 0632.941.925Private limited company

INNOVALUX

Elisabethlaan 324 ·8400 Oostende, Belgium· 11 yrs active

Sector: Other building finishing work (43350)

Conclusion Checked

INNOVALUX has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €154k and a net result of €17k. Its solvency ranks better than 44% of 999 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€154k
Net result	€17k
Better than sector	44%
Active	11 yrs

Financial profile 5 of 5 axes measured · computed by Checked

68 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 78

Profitability 54

Solvency 57

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

1.2% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2015, 11 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

78 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview9 NBB filings

Annual accounts filed on 27-04-2026 with the NBB · fiscal year 2024 · abbreviated schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	31.0%	35.4%	better than 44% of 999 sector peers
Net result	€17k	€31k	better than 40% of 998 sector peers
Equity	€154k	€122k	better than 54% of 999 sector peers
Gross operating margin	€82k	€174k	better than 37% of 998 sector peers
Total assets	€497k	€528k	better than 48% of 999 sector peers

EBITDA

€52k

-29.5% 23-24

Net profit

€17k

-4.3% 23-24

Cash flow

€34k

-44.2% 23-24

Total assets

€497k

-1.1% 23-24

Equity

€154k

+12.1% 23-24

Working capital

€29k

+62.9% 23-24

Income taxes

€7k

-1.8% 23-24

Dividends

€0

-100.0% 23-24

Debt

€343k

-6.0% 23-24

Debt ≤ 1y

€75k

+0.6% 23-24

Debt > 1y

€267k

-8.1% 23-24

Current ratio

1.38

+11.8% 23-24

Quick ratio

1.28

+7.4% 23-24

Solvency

31.0%

+13.3% 23-24

Debt / equity

2.22

-16.2% 23-24

ROE

10.8%

-14.6% 23-24

ROA

3.3%

-3.3% 23-24

Interest coverage

4.00

-57.4% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	abbreviated schema
Revenue	-
EBITDA	€52k
Net profit	€17k
Cash flow	€34k
Staff costs	-
Income taxes	€7k
Dividends	€0
Total assets	€497k
Equity	€154k
Debt	€343k
of which ≤ 1y	€75k
of which > 1y	€267k
Working capital	€29k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.38
Quick ratio	1.28
Working capital ratio	5.8%
Solvency	31.0%
Debt / equity	2.22
Long-term debt ratio	1.73
Interest coverage	4.00
Gross margin	-
Net margin	-
ROA	3.3%
ROE	10.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Balance-sheet composition 2024

Assets

Fixed assets €393k · 79.1% Current assets €104k · 20.9%

Equity & liabilities

Equity €154k · 31.0% Debt €343k · 69.0%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€497k
Fixed assets	21/28	€393k
Tangible fixed assets	22/27	€393k
Current assets	29/58	€104k
Stocks & contracts in progress	3	€7k
Amounts receivable within one year	40/41	€20k
Cash & bank	54/58	€529
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€497k
Equity	10/15	€154k
Contributions / capital	10/11	€6k
Reserves	13	€148k
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€343k
Amounts payable after one year	17	€267k
Amounts payable within one year	42/48	€75k
Trade debts payable within one year	44	€32k
Income statement
Gross operating margin	9900	€82k
Operating result	9901	€35k
Financial income	75	€2k
Financial charges	65	€13k
Result before taxes	9903	€23k
Income taxes	67/77	€7k
Net result for the period	9904	€17k
Result to be appropriated	9905	€17k

Legal Structure

NACE primary	Other building finishing work(43350)
Legal form	Private limited company(610)
Incorporation	01-07-2015
Status	Active
Postal code	8400

Establishment units 1 location

INNOVALUX

Elisabethlaan 324, 8400 OostendeManufacture of other builders' carpentry and joinery

since 20152.244.293.057

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35383C0435/00D009	Flanders	59 m²	1 · 65 m²	14.8 m · 3 fl.

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.

Updates 9 events

All 10Financial 1Filings 9

2026

27-04

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 362 days late

2024

30-09

Financial Equity above €150kEq €154k ▲12.1%

2 profitable years in a row build equity to €154k.

30-04

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

01-04

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

11-04

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

19-03

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

17-03

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

18-03

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

30-03

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

29-03

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.

Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Other building finishing work43350Holdings64200Activities of holding companies64210Business and other management consultancy70200Business consulting70220

Names & trade names

Legal nameNL

INNOVALUX

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