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INNOVATEK

Active
Private limited companyfounded 2024active for 2 yearsVuurkruisenlaan 221C, 1020 Brussel, BelgiumKBO/BCE: BE 1011.350.803
Summary

The computed 12-month bankruptcy probability of INNOVATEK is 12.7% (high). The 2024 annual accounts show equity of €6,151 and a net result of €6,151. Its solvency ranks better than 41% of 15,442 sector peers (NACE 46, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Risk analysisFollow ReportCompare
INNOVATEKActiveChecked score 31/100
Risk analysis ReportCompare

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190
1 site
Size
≈ €85,000turnover 2024, estimated
Equity
€6,151
Profit
€6,151
Turnover estimated from the gross margin
Financial health
31 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
12.7%
Structure
2024 accounts filed 75 days late
Why 31raises risk1 financial year not filed after the legal deadline; last filed accounts filed 75 days late; 1 of the last 3 lateEx-officio strike-off in the KBOFigures for financial year 2024 (filed 14-10-2025)Founded in 2024Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 49% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength
Average
Solvency 53
equity 28.0% of total assets
Liquidity 11
short-term debt 72.0% · cash 0.2%
Profitability 100
return on assets 28.0%
Bankruptcy probability, 12 months
12.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)
Last 24 months 08-2025: 3.2%lowest value 09-2025: 3.3%▲ +0.1 percentage points vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 7.0%▲ +3.7 percentage points vs 10-2025 12-2025: 7.1%▲ +0.1 percentage points vs 11-2025 01-2026: 7.4%▲ +0.3 percentage points vs 12-2025 02-2026: 7.7%▲ +0.3 percentage points vs 01-2026 03-2026: 7.9%▲ +0.2 percentage points vs 02-2026 04-2026: 8.0%▲ +0.1 percentage points vs 03-2026 05-2026: 7.9%▼ -0.1 percentage points vs 04-2026 06-2026: 7.8%▼ -0.1 percentage points vs 05-2026 07-2026: 8.1%▲ +0.3 percentage points vs 06-2026 08-2026: 9.6%▲ +1.5 percentage points vs 07-2026 09-2026: 10.1%▲ +0.5 percentage points vs 08-2026 10-2026: 12.7%▲ +2.6 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.15, below the usual 1.5; short-term debt: 72% and cash: 0.2% of total assets), and 72% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 38% on solvency, 12% on liquidity and 95% on profitability.

The bankruptcy probability was computed on 29-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 75 days late; 1 of the last 3 late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Figures for financial year 2024 (filed 14-10-2025)
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2024 accounts filed 75 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
75 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 75 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
  1. Annual accounts filedfinancial year 2024 · micro…
  2. UBO non-complianceevent 09-06-2025
  3. IncorporationAppointment: MOUHSINE Mohamed Ismaïl (director)…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 75 days View
  • One director decidessole director in office 1 View
  • Total assets 2024first financial year filed €22,008 View

By topic

Financials

Financial year
2024
Total assets
€22,008
Profit
€6,151
Solvency
28.0%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
09-07-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about INNOVATEK

What is the company number of INNOVATEK?
1011.350.803. In Belgium the VAT number is the company number with BE in front: BE 1011.350.803.
Where is INNOVATEK based?
The registered office is at Vuurkruisenlaan 221C, 1020 Brussel.Company details
What does INNOVATEK do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of INNOVATEK?
Private limited company (BV).
When was INNOVATEK founded?
On 09-07-2024.
Is INNOVATEK still active?
Yes, INNOVATEK is an active enterprise in the KBO register.
What is the turnover of INNOVATEK?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is INNOVATEK profitable?
In financial year 2024, INNOVATEK made a profit of €6,151.
Where can I find the annual accounts of INNOVATEK?
INNOVATEK filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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