INNOVATE CONSTRUCT
The computed 12-month bankruptcy probability of INNOVATE CONSTRUCT is 5.0% (elevated). The 2024 annual accounts show equity of €20k and a net result of €15k. Its solvency ranks better than 52% of 490 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €20k |
| Net result | €15k |
| Better than sector | 52% |
| Active | 3 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.9% | 36.6% | |
| Net result | €15k | €19k | |
| Equity | €20k | €90k | |
| Gross operating margin | €38k | €110k | |
| Staff costs | €19k | €142k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €15k |
| Cash flow | - |
| Staff costs | €19k |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €53k |
| Equity | €20k |
| Debt | €33k |
| of which ≤ 1y | €33k |
| of which > 1y | - |
| Working capital | €20k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.61 |
| Quick ratio | 1.61 |
| Working capital ratio | 37.9% |
| Solvency | 37.9% |
| Debt / equity | 1.64 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 28.4% |
| ROE | 75.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €53k |
| Current assets | 29/58 | €53k |
| Amounts receivable within one year | 40/41 | €42k |
| Cash & bank | 54/58 | €11k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €53k |
| Equity | 10/15 | €20k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €15k |
| Amounts payable | 17/49 | €33k |
| Amounts payable within one year | 42/48 | €33k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €38k |
| Operating result | 9901 | €19k |
| Financial charges | 65 | €138 |
| Result before taxes | 9903 | €19k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €15k |
| Result to be appropriated | 9905 | €15k |
| NACE primary | Specialised construction(43212) |
| Legal form | Private limited company(610) |
| Incorporation | 21-12-2022 |
| Status | Active |
| Postal code | 1080 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23352F0042/00S008 | Flanders | 355 m² | 1 · 106 m² | 13.5 m · 4 fl. |
| 21012A0032/00S008 | Brussels | 114 m² | 1 · 114 m² | 17.3 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-04-2026 Act object · General meeting · Officer resignation · Officer discharge
- Filing: 2026-04-07 · INNOVATE CONSTRUCТ
- Publication: 2026-04-14 · INNOVATE CONSTRUCТ
- Act object: Démission-Nomination-Cession des actions · INNOVATE CONSTRUCТ
- General meeting: 2026-04-01 · INNOVATE CONSTRUCТ
- Officer resignation: role: administrateur, effective_date: 2025-05-26 · EL HABSAOUI Younes
- Officer discharge: effective_date: 2025-05-26 · EL HABSAOUI Younes
- Officer appointment: role: Administrateur unique, term: durée indéterminée, effective_date: 2025-05-26 · EL HABSAOUI Abdelilah
- Share transfer: shares: 50, effective_date: 2025-05-26 · EL HABSAOUI Younes
- Accounting effect: 2025-05-26 · INNOVATE CONSTRUCТ
Technical details
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"type": "filing",
"quote": "D\u00E9pos\u00E9 / Re\u00E7u le 07 AVR. 2026",
"value": "2026-04-07",
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{
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"object": null,
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{
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{
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{
"type": "share_transfer",
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"value": {
"shares": 50,
"effective_date": "2025-05-26"
},
"object": "e3",
"subject": "e2"
},
{
"type": "accounting_effect",
"quote": "4-R\u00E9troactivit\u00E9 des d\u00E9cisions au 26/05/2025",
"value": "2025-05-26",
"object": null,
"subject": "e1"
}
],
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"entities": [
{
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"kind": "company",
"name": "INNOVATE CONSTRUC\u0422",
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"legal_form": "SRL"
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{
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"name": "EL HABSAOUI Abdelilah",
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}
]
}02-06-2025 Articles of association amended
Technical details
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},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}13-09-2024 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 50,
"currency": "BEF",
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"delta_eur": null,
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}05-02-2024 Registered office moved from Wemmel to Dilbeek
- Laan Koningin Astrid 49, 1780 Wemmel → Hockeylaan 28, 1700 Dilbeek
Technical details
{
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"effective_date": "2023-01-16",
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}23-12-2022 Incorporation of a new BV
Technical details
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"contribution_type": "cash",
"amount_paid_in_eur": 0,
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"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 5000,
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],
"capital_eur": 5000,
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"initial_directors": [],
"incorporation_date": "2022-12-20",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | INNOVATE CONSTRUCT |