INNOVATE-IT

Inactive

KBO/BCE: BE 0652.764.468

Inactive; last annual accounts for fiscal year 2018.

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Signals

1 signal. The signal on the left, the evidence on the right.

○neutral

Latest accounts filed on time

The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 16-05-2019, 76 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2018

76 d early

2017

89 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2018, abbreviated schema

Equity

€-77k

Total assets

€590k

Net result

€-116k

Working capital

€211k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Assets €590k

45.4%

54.6%

Fixed assets €268k

Current assets €323k

Key figures and ratios

2018 value

EBITDA

€-85k

Cash flow

€-92k

Solvency

-13.0%

Current ratio

2.89

Debt to equity

-3.91

ROA

-19.6%

Debt

€667k

Debt ≤ 1 year

€112k

Debt > 1 year

€300k

Income taxes

€1k

Filed annual accounts As filed with the NBB · 2018 · 25 lines

Balance sheet Code2018

Assets

Total assets20/58€590k

Fixed assets21/28€268k

Intangible fixed assets21€257k

Tangible fixed assets22/27€10k

Financial fixed assets28€654

Current assets29/58€323k

Amounts receivable within one year40/41€84k

Cash at bank and in hand54/58€238k

Equity and liabilities

Total equity and liabilities10/49€590k

Equity10/15€-77k

Contributions10/11€7k

Profit (loss) carried forward14€-133k

Amounts payable17/49€667k

Amounts payable after more than one year17€300k

Amounts payable within one year42/48€112k

Trade debts44€85k

Income statement Code2018

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k

Gross operating margin9900€120k

Operating profit (loss)9901€-109k

Recurring financial income75€38

Recurring financial charges65€6k

Profit (loss) for the period before taxes9903€-115k

Income taxes67/77€1k

Profit (loss) for the period9904€-116k

Profit (loss) for the period to be appropriated9905€-116k

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Timeline · acts, filings and financial milestones

All 4Gazette 2Filings 2

2019

16-05

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

12-04

State Gazette act General meeting · Merger

Dissolution · Accounting effect · Frank Liesse

26-02

State Gazette act Merger · Accounting effect

Capital · Corporate purpose

2018

03-05

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

State Gazette actNBB filing

Structure & network

Acquisitions and mergers

1 transaction

Taken over by:PROTIME

BE 0454.218.138merger by absorption · State Gazette act of 12-04-2019 (2 acts)