InnovArth
ActiveInnovArth has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €328. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 80% of 7318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
78
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-84
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 3.54 against 3.46 in 2024), and 28.3% of the assets are financed with debt.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €10k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
8 d early
2022
2 d early
2021
3 d late
2020
on the day
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▲ 3.2%
2024 · €10k
2018: €-30k
2019: €-13k
2020: €11k
2021: €10k
2022: €9k
2023: €7k
2024: €10k
2018 → 2025
Total assets
€15k▲ 2.3%
2024 · €14k
2018: €80k
2019: €32k
2020: €61k
2021: €18k
2022: €13k
2023: €12k
2024: €14k
2018 → 2025
Net result
€328▼ 88.2%
2024 · €3k
2018: €-5k
2019: €17k
2020: €24k
2021: €-1k
2022: €-1k
2023: €-1k
2024: €3k
2018 → 2025
Working capital
€10k▲ 3.2%
2024 · €10k
2018: €-30k
2019: €-13k
2020: €11k
2021: €10k
2022: €9k
2023: €7k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€9k▼ 11.6%€7k▼ 14.0%€10k▲ 37.7%€10k▲ 3.2%
Operating result€-1k-€-1k▼ 4.9%€-1k▼ 2.9%€3k€382▼ 86.7%
Net result€-1k-€-1k▼ 6.7%€-1k▼ 7.0%€3k€328▼ 88.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €15k
Equity
€10k▲ 3.2%
Debt
€4k=
The debt ratio falls from 28.9% to 28.3%: equity grows faster than debt.
Key figures and ratios
Solvency
71.7%▲
2024 · 71.1%
Current ratio
3.54▲
2024 · 3.46
Quick ratio
3.54▲
2024 · 3.46
Debt / equity
0.39▼
2024 · 0.41
ROE
3.1%▼
2024 · 27.4%
ROA
2.2%▼
2024 · 19.5%
Debt
€4k=
2024 · €4k
Debt ≤ 1 year
€4k=
2024 · €4k
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€14k€15k▲
Current assets29/58€14k€15k▲
Amounts receivable within one year40/41€1k€2k▲
Trade receivables40-€720
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€305€5k▲
Deferred charges and accrued income490/1€13k€8k▼
Equity and liabilities
Total equity and liabilities10/49€14k€15k▲
Equity10/15€10k€10k▲
Contributions10/11€9k€9k=
Reserves13€17k€1k▼
Distributable reserves133€17k€1k▼
Profit (loss) carried forward14€-16k-
Amounts payable17/49€4k€4k=
Amounts payable within one year42/48€4k€4k=
Other amounts payable47/48€4k€4k=
Income statement
Code20242025
Other operating charges640/8€525€531▲
Gross operating margin9900€3k€913▼
Operating profit (loss)9901€3k€382▼
Financial charges65/66B€85€53▼
Recurring financial charges65€85€53▼
Profit (loss) for the period before taxes9903€3k€328▼
Profit (loss) for the period9904€3k€328▼
Profit (loss) for the period to be appropriated9905€3k€328▼
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-16k▲
Profit (loss) brought forward from the previous period14P€-19k€-16k▲
Transfer from equity791/2-€16k
The notes to these accounts (1 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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €24k ▲35.9%
Operating result €24k, net result €24k, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
17-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
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.
Directors · office · real estate
Directors
3 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, Sint-Laureins · 1 establishment unit since 2007
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.
Mandeweg(STJ) 289982 Sint-LaureinsGround area
2,969 m²
Building footprint
326 m²
Volume, LiDAR
1,450 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Innovarth
since 20072.159.811.304
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43013C0394/00F000 | Flanders | 2,183 m² | 1 · 203 m² | 8.8 m · 2 fl. |
| 43014B0341/07G000 | Flanders | 785 m² | 1 · 123 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 5,940 EUR awarded · 5,940 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 5,940 EUR | 5,940 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 9,333 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2007
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82300Organisation of conventions and trade shows
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.