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INNOVATION CONSTRUCT

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

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

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

€1,638▼ 89.8%
≈ €22,000estimated
€2,601▼ 85.4%
€173,715▲ 1.5%
€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.

Financials

Annual accounts 2025

micro format, filed on 24-09-2026, 55 days late
€1,638
▼ 89.8%
-€2,196
▼ €14,395
€2,601
▼ 85.4%
€173,715
▲ 2.4%
94.7%
▲ 10.8 percentage points
18.83
▲ 12.68

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €22,000. Estimated: probably between €12,000 and €43,000.

Balance sheet

balance sheet total €183,457 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

94.7%

Higher than 95% of 37,177 companies in 2025.

18.83

Higher than 95% of 36,472 companies in 2025.

1.4%

Higher than 30% of 36,707 companies in 2025.

INNOVATION CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 183,457204,047199,596182,418152,009119,12691,00156,31142,2077,3443,2391,6741,397
20 ---------996996996996
21/28 -1,4892,8945,98711,20919,77720,48628,97114,935-996996996
22/27 -1,4892,8945,98711,20919,77720,48628,97114,935----
23 -8961,5473,8867,0767,7776191,237-----
24 -5931,3472,1014,13312,00019,86727,73414,935----
29/58 183,457202,558196,702176,431140,80099,34970,51527,34027,2726,3482,243678401
40/41 180,818199,626184,302156,918138,33999,29569,27226,78222,5496,021502460325
40 21,3555,45517,44610,23035,57034,45723,20418,15022,0015,646---
41 159,463194,171166,856146,688102,76964,83846,0688,632548375502460325
54/58 545411,10816,69554541,243-4,6613271,74121876
490/1 2,5852,8781,2922,8182,407--55862----
Balance sheet: equity and liabilities
10/49 183,457204,047199,596182,418152,009119,12691,00156,31142,2077,3443,2391,6741,397
10/15 173,715171,115153,294129,024106,84963,11129,69615,69813,8077,3241,2181,176-8,811
10/11 9,4009,4009,4009,4009,4009,4009,4009,4009,4009,4007,4007,4007,400
10 -9,4009,4009,4009,400--------
100 -18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -9,2009,2009,2009,2009,2009,2009,2009,2009,20011,20011,20011,200
13 1,8601,8601,8601,8601,8601,8601,8601,860-----
130/1 1,8601,8601,8601,8601,8601,860-------
130 -1,8601,8601,8601,8601,8601,8601,860-----
1311 1,860------------
14 162,455159,855142,034117,76495,58951,85118,4364,4384,407-2,076-6,182-6,224-16,211
17/49 9,74132,93246,30253,39445,16056,01561,30540,61328,400202,02149710,208
17 ----1,0775,40912,34221,14112,010----
170/4 ----1,0775,40912,34221,14112,010----
42/48 9,74132,93246,30253,39444,08350,60648,96319,25616,204202,02149710,208
42 -1,2511,2552,3835,5968,26910,1369,8844,333----
43 3,9551,252--6,4492,796-4,691-----
430/8 3,9551,252--6,4492,796-4,691-----
44 2,91127,35530,32532,3466,0158383,8962,5419,709-755646
440/4 2,91127,35530,32532,3466,0158383,8962,5419,709-755646
46 ------------9,950
45 2,8763,0749,72214,16511,02310,7034,9312,1402,141--231-
450/3 2,8763,0749,72214,16511,0238,9434,9312,1402,141--231-
454/9 -----1,760-------
47/48 --5,0004,50015,00028,00030,000-21201,267260213
492/3 -------216186----
Income statement
9900 1,63816,06935,22039,58174,15274,54661,32116,28513,9904,55022710,077-16,079
630 1,4891,4043,0938,44411,41710,1868,4868,4864,730----
640/8 2,3452,4666941,699955762783626873478989132
9901 -2,19612,19931,43329,43861,78063,59852,0527,1739,1734,2031389,988-16,211
75/76B 9,25710,4128,1197,4295,1917,2442,041143-----
75 9,25710,4128,1197,4295,1917,2442,041143-----
65/66B 2,0592,8562,9323,0511,2331,4161,1641,4255509797--
65 2,0592,8562,9323,0511,2331,4161,1641,4255509797--
9903 5,00219,75536,62033,81665,73869,42652,9295,8918,6234,106419,988-16,211
67/77 2,4011,9347,3507,1416,9998,0128,9314,0002,140----
9904 2,60117,82129,27026,67558,73961,41443,9981,8916,4834,106419,988-16,211
9905 2,60117,82129,27026,67558,73961,41443,9981,8916,4834,106419,988-16,211
Appropriation of the result
9906 162,455159,855147,034122,264110,58979,85148,4366,2984,407-2,076-6,182-6,224-16,211
14P 159,855142,034117,76495,58951,850--------
691/2 -------1,860-----
6920 -------1,860-----
694/7 --5,0004,50015,00028,00030,000------
695 --5,0004,50015,00028,00030,000------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 55 days after the deadline. Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00524691.

Financial year Type Filed Reference Document
31-12-2025 micro format 24-09-2026 2026-00524691 PDF
31-12-2024 micro format 24-07-2025 2025-00323680 PDF
31-12-2023 micro format 28-10-2024 2024-00520604 PDF
31-12-2022 micro format 04-07-2024 2024-00209062 PDF
31-12-2021 micro format 04-07-2024 2024-00210186 PDF
31-12-2020 micro format 27-08-2021 2021-55400478 PDF
31-12-2019 micro format 15-09-2020 2020-53400057 PDF
31-12-2018 micro format 11-07-2019 2019-32000046 PDF
31-12-2017 micro format 19-11-2018 2018-72500112 PDF
31-12-2016 full format 03-07-2017 2017-27500059 PDF
31-12-2015 full format 30-08-2016 2016-52500315 PDF
31-12-2014 full format 21-09-2015 2015-59400054 PDF
31-12-2013 full format 29-08-2014 2014-57700232 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
-70613,60334,52637,88273,19773,78460,53815,65913,903----
4,09019,22532,36335,11970,15671,60052,48410,37711,213----
0-102,8722,8509,477122,52119,665----
-0-11,054-5,58716,6410-1,189--4,334-1,4141,523142-
173,715169,626150,400123,03796,71748,74321,5528,08411,0686,328222180-9,808
94.7%83.9%76.8%70.7%70.3%53.0%32.6%27.9%32.7%99.7%---
18.836.154.253.303.191.961.441.421.68----
0.060.190.300.410.420.892.062.592.060.00---
1.5%10.4%19.1%20.7%55.0%97.3%148.2%12.0%47.0%56.1%---
1.4%8.7%14.7%14.6%38.6%51.6%48.3%3.4%15.4%55.9%---
-0.344.7611.7812.4259.36--------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets---€2,872€2,850
€1,489€1,404€3,093€8,444€11,417

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on INNOVATION CONSTRUCT

The operating result for 2025 is a loss of €2,196, after a profit of €12,199 in 2024. It is the lowest result since 2013.

Debt's share of the balance-sheet total falls from 16.1% to 5.3%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2018
Director
in office according to the deed of 02-02-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director

Technical director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
    • Director, since before 02-02-2023
    • Technical director, appointed by deed of 07-12-2018, last mentioned in 2018

See the board, name and registered office on a given date →

Control

Shareholders
, ,
This company
INNOVATION CONSTRUCT
Equity €173,715
Profit €2,601 in 2025

Capital

Contribution
€9,400
Source
2025 annual accounts

Shareholders

Stated in the deed deed of 23-04-2025 ↗
  • 80 shares
  • 10 shares
  • 10 shares
Stated in the deed deed of 07-12-2018 ↗
  • 41 shares
  • 11 shares
  • 13 shares
  • 10 shares
  • 25 shares

Network & group

No group

INNOVATION CONSTRUCT has no parent and no holdings in its annual accounts. is the only director.

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

26 events since 2013

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 55 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0521828623
2025
Liquidity more than triples current ratio 18.83 The current ratio rises from 6.15 to 18.83. Short-term debt falls from €32,932 to €9,741.
Annual accounts 2024 filed PDFmicro format · 7 days before the deadline
Registered office moved from Wezembeek-Oppem to HulshoutNew registered office: Langestraat 140, 2235 Hulshout · Previous registered office: Lange Eikstraat 68 bus B, 1970 Wezembeek-Oppem · holds 80 shares · General meeting of 25-03-20255 points ▸
  • General meeting, 25-03-2025
  • holds 80 shares
  • holds 10 shares
  • holds 10 shares
  • Registered-office move, Langestraat 140, 2235 Hulshout

Open the deed in the Belgian Official Gazette

2024
Annual accounts 2023 filed PDFmicro format · 89 days late
Annual accounts 2021 filed PDFmicro format · 704 days late
Annual accounts 2022 filed PDFmicro format · 339 days late
2023
Equity above €150,000 equity €153,294 ▲18.8% After 10 profitable years in a row, equity reaches €153,294.
Registered office moved from Saint-Gilles to Wezembeek-OppemNew registered office: Lange Eikstraat, 68/B, 1970 Wezembeek-Oppem · Previous registered office: rue de Parme 54, 1060 Saint-Gilles · Board meeting of 06-12-20222 points ▸
  • Board meeting, 06-12-2022
  • Registered-office move, Lange Eikstraat, 68/B, 1970 Wezembeek-Oppem

Open the deed in the Belgian Official Gazette

2021
Equity above €100,000 equity €106,849 ▲69.3% After 8 profitable years in a row, equity reaches €106,849.
Annual accounts 2020 filed PDFmicro format · 27 days late
2020
Highest result from 2013 to 2025 net €61,414 ▲39.6% The operating result of €63,598 and the net result of €61,414 are both a record.
Annual accounts 2019 filed PDFmicro format · 46 days late
2019
Annual accounts 2018 filed PDFmicro format · 20 days before the deadline
2018
Registered office moved from Brussels to Saint-GillesNew registered office: Rue de Parme 54, 1060 Saint-Gilles · Previous registered office: Rue Lacaille 21, 1000 Bruxelles · Appointment: (technical director) · General meeting of 19-11-20188 points ▸
  • General meeting, 19-11-2018
  • Director appointment, (technical director)
  • holds 41 shares
  • holds 11 shares
  • holds 13 shares
  • holds 10 shares
  • holds 25 shares
  • Registered-office move, Rue de Parme 54, 1060 Saint-Gilles
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFmicro format · 111 days late
2017
Annual accounts 2016 filed PDFfull format · 28 days before the deadline
2016
Liquidity times 286 current ratio 317.40 The current ratio rises from 1.11 to 317.40. Short-term debt falls from €2,021 to €20.
Annual accounts 2015 filed PDFfull format · 30 days late
2015
Annual accounts 2014 filed PDFfull format · 52 days late
2014
Back to profit net €9,988 The net result is €9,988, after one loss-making year.
Liquidity more than 34 times current ratio 1.36 The current ratio rises from 0.04 to 1.36. Short-term debt falls from €10,208 to €497.
Annual accounts 2013 filed PDFfull format · 29 days late
2013
Incorporation PDFpublished on 18-03-2013
First establishment Langestraat 140, Hulshout

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

INNOVATION CONSTRUCT was incorporated on 7 March 2013.1 The registered office moved to Saint-Gilles in 2018, to Wezembeek-Oppem in 2023 and to Hulshout in 2025.234 Total assets rose from €56,311 in 2018 to €183,457 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-12-2018
  3. 3Belgian Official Gazette, 02-02-2023
  4. 4Belgian Official Gazette, 23-04-2025
  5. 5National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0521.828.623
VAT number
BE 0521.828.623
Peppol ID
0208:0521828623
Other Peppol ID
9925:BE0521828623
Legal form
Private limited company
Status
Active, normal situation
Founded
07-03-2013
Financial year
ends on 31 December
Peppol
Reachable since 06-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
INNOVATION CONSTRUCT in French
Entity type
Legal entity

Activities

NACEBEL 2025
43990 Other specialised construction activities main activity
Codes under NACEBEL 2008
43999 Specialised construction activities main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Langestraat 140 registered office 2235 Hulshout 42212 Civil engineering 05-03-2013 2.217.354.276
3 former offices
  • Lange Eikstraat 68 bus B, 1970 Wezembeek-Oppem until the deed of 23-04-2025
  • 1060 Saint-Gilles until the deed of 02-02-2023
  • 1000 Bruxelles until the deed of 07-12-2018

Buildings and parcels at the address

Ground area
104 m²
Buildings
104 m²
Volume, LiDAR
566 m³
Tallest building
9.1 m
Buildings to scale, each on its own parcel
103 m², 9.1 m 103 m², 9.1 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
13015B0286/00Y000103 m² 1 · 103 m² 9.1 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0521.828.623

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