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INNOVATION CONSTRUCT

Active Private limited companyfounded 2013active for 13 yearsLangestraat 140, 2235 HulshoutKBO/BCE: BE 0521.828.623

Lifetime

13 annual accounts with figures on one time axis
peak €74,546 (2020)
€1,638▼ 89.8%
lowest -€16,211 (2013)
€2,601▼ 85.4%
peak €173,715 (2025)
€173,715▲ 1.5%
€9,741▼ 70.4%
Board2 names since 2018
1 director
Documentsfilings and deeds
24-09-202655 days late
2025micro format
Gross margin from €16,069 to €1,638Result from €17,821 to €2,601Registered office moved from Wezembeek-Oppem to Hulshout 23-04Debts from €32,932 to €9,741

Key points

from the 2025 annual accounts

Equity

€173,715 ▲ 1.5%

INNOVATION CONSTRUCT has made a profit without a break since 2014.

Liquidity

18.83 was 6.15 in 2024

Short-term debts fell from €32,932 to €9,741.

Filings

13 annual accounts since 2013
AprilJune31 JulyOctober201520202025

Seven of the last ten came late. The 2021 accounts came latest: 704 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,915 companies had the same profile as INNOVATION CONSTRUCT has now. Each dot stands for 28 companies, two years later.

95.0%
were still trading
4.1%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 10,915 companies, not a prediction for INNOVATION CONSTRUCT. 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

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Signals

Board and ownership

Director
  • 80 sharesdeed of 23-04-2025
  • 10 sharesdeed of 23-04-2025
  • 10 sharesdeed of 23-04-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0521828623
Registered office moved from Wezembeek-Oppem to Hulshout New registered office: Langestraat 140, 2235 Hulshout · Previous registered office: Lange Eikstraat 68 bus B, 1970 Wezembeek-Oppem · holds 80 shares · General meeting of 25-03-2025 · Gazette deed
Registered office moved from Saint-Gilles to Wezembeek-Oppem New registered office: Lange Eikstraat, 68/B, 1970 Wezembeek-Oppem · Previous registered office: rue de Parme 54, 1060 Saint-Gilles · Board meeting of 06-12-2022 · Gazette deed
Registered office moved from Brussels to Saint-Gilles New registered office: Rue de Parme 54, 1060 Saint-Gilles · Previous registered office: Rue Lacaille 21, 1000 Bruxelles · Appointment: (technical director) · General meeting of 19-11-2018 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
INNOVATION CONSTRUCT Hulshout €183,457 €1,638 94.7% -
QUANTUM MANAGEMENT Kapellen €219,328 -€805 19.3% -
GFI Lasne €177,174 €2,009 26.5% -
COMES SECURITY CENTER Lessines €202,652 -€10,774 -35.9% -
A.M.S. CONSTRUCT Kraainem €203,057 -€27,175 21.6% -
RENOVATOR TEAM Berchem-Sainte-Agathe €205,122 -€7,582 70.5% -
RESTAURAZ Zedelgem €218,235 -€1,670 55.5% -

These companies have the same main activity as INNOVATION CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €177,000 and €219,000, founded between 2009 and 2013.

Official details

Source: KBO
Status
Active since 07-03-2013Normal situation
Activity
Other specialised construction activitiesNACE 43990
Establishment unit
2.217.354.2762235 Hulshout, since 05-03-2013
Financial year end
31 December
Peppol
Reachable since 06-01-2026
Company details

Annual accounts 2025

≈ €22,000estimated
€183,457▼ 10.1%
Filing
Filed on 24-09-2026
Financials

Insights on INNOVATION CONSTRUCT

INNOVATION CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€16,079 in 2013 to €1,638 in 2025.

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 INNOVATION CONSTRUCT

What is the company number of INNOVATION CONSTRUCT?
The company number of INNOVATION CONSTRUCT is 0521.828.623. The VAT number is the same number with BE in front: BE 0521.828.623.
Where is INNOVATION CONSTRUCT based?
The registered office is at Langestraat 140, 2235 Hulshout.Company details
What does INNOVATION CONSTRUCT do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of INNOVATION CONSTRUCT?
INNOVATION CONSTRUCT is a private limited company (BV).
When was INNOVATION CONSTRUCT founded?
INNOVATION CONSTRUCT was founded on 07-03-2013.
Is INNOVATION CONSTRUCT still active?
Yes, INNOVATION CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of INNOVATION CONSTRUCT?
The turnover in financial year 2025 is ≈ €22,000. This figure is estimated from the gross margin of €1,638 and 199 comparable companies (NACE 43990). It probably lies between €12,000 and €43,000. It is a rough estimate.Financials
Is INNOVATION CONSTRUCT profitable?
In financial year 2025, INNOVATION CONSTRUCT made a profit of €2,601.
Where can I find the annual accounts of INNOVATION CONSTRUCT?
INNOVATION CONSTRUCT filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INNOVATION CONSTRUCT due?
INNOVATION CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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