Turnover
≈ €150,000 estimated
The micro format states no turnover.
INNOVATEIT
Lifetime
1 annual account with figurespeak €47,136 (2025)
€47,136
peak €46,736 (2025)
€46,736
peak €48,236 (2025)
€48,236
€16,128
Board1 name since 2025
1 directorKHATIB Abbas
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Incorporation 24-041 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsChecked score
98
Excellent
Financially stronger than 81% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 0.4%
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 8.13, cash €42,530
Equity €48,236 (74.9% of total assets)
Size: total assets €64,364
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 69% of them on solvency, 90% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as INNOVATEIT has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of INNOVATEIT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for INNOVATEIT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.13, above the usual 1.5. Short-term debt is 12.3% and cash 66.1% of total assets. 25.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
18 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1022587757
Incorporation
Founding capital of €1,500, 100 shares · Founder: KHATIB Abbas (comparant unique) · Appointment: KHATIB Abbas (director) · published on 24-04-2025 · Gazette deed
First establishment
Louizalaan 367, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INNOVATEIT Brussels | €64,364 | €47,136 | 74.9% | - |
| BOSSIDE Watermael-Boitsfort | €59,614 | €45,077 | 60.6% | - |
| Laurence Bedoret Consulting Etterbeek | €61,728 | €51,710 | 69.4% | - |
| Winget and Company Etterbeek | €58,869 | €46,621 | 67.6% | - |
| ASPS Solutions Brussels | €56,219 | €42,210 | 57.9% | - |
| IDUM Brussels | €70,794 | €53,520 | 56.6% | - |
| ETLdonkey Schaerbeek | €69,792 | €46,740 | 52.9% | - |
These companies have the same main activity as INNOVATEIT: computer programming (NACE 62100). They are comparable in size and age: total assets between €56,200 and €70,800, founded in 2025.
Official details
Source: KBO- Status
- Active since 22-04-2025Normal situation
- Registered office
- 485 active companies are registered at this address34 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Computer programmingNACE 62100and 3 others
- Establishment unit
- 2.373.335.0281050 Brussels, since 22-04-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 27-12-2025
Annual accounts 2025
- €64,364
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on INNOVATEIT
INNOVATEIT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,236 and a net result of €46,736.
Its solvency ranks better than 68% of 21,206 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about INNOVATEIT
- What is the company number of INNOVATEIT?
- The company number of INNOVATEIT is 1022.587.757. The VAT number is the same number with BE in front: BE 1022.587.757.
- Where is INNOVATEIT based?
- The registered office is at Louizalaan 367, 1050 Brussels.Company details
- What does INNOVATEIT do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of INNOVATEIT?
- INNOVATEIT is a private limited company (BV).
- When was INNOVATEIT founded?
- INNOVATEIT was founded on 22-04-2025.
- Is INNOVATEIT still active?
- Yes, INNOVATEIT is an active enterprise in the KBO register.
- What is the turnover of INNOVATEIT?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €47,136 and 84 comparable companies (NACE 62). It probably lies between €120,000 and €200,000.Financials
- Is INNOVATEIT profitable?
- In financial year 2025, INNOVATEIT made a profit of €46,736.
- Where can I find the annual accounts of INNOVATEIT?
- INNOVATEIT filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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