Innovation Lab
The computed 12-month bankruptcy probability of Innovation Lab is 0.7% (low). The 2024 annual accounts show negative equity (€-2.18M) and a net result of €-707k. Equity is shrinking by ~54.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 970 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-2.18M |
| Net result | €-707k |
| Staff (FTE) | 9.3 |
| Better than sector | 5% |
Fragile profile, watch health in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -170.2% | 39.7% | |
| Net result | €-707k | €32k | |
| Equity | €-2.18M | €152k | |
| Gross operating margin | €-21k | €59k | |
| Staff costs | €511k | €191k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €2.56M |
| EBITDA | €-546k |
| Net profit | €-707k |
| Cash flow | €-661k |
| Staff costs | €511k |
| Income taxes | €655 |
| Dividends | - |
| Total assets | €1.28M |
| Equity | €-2.18M |
| Debt | €3.45M |
| of which ≤ 1y | €3.45M |
| of which > 1y | - |
| Working capital | €-2.29M |
| Employees (FTE) | 9.3 |
| 2024 | |
|---|---|
| Current ratio | 0.34 |
| Quick ratio | 0.26 |
| Working capital ratio | -179.4% |
| Solvency | -170.2% |
| Debt / equity | -1.59 |
| Long-term debt ratio | - |
| Interest coverage | -4.72 |
| Gross margin | 25.7% |
| Net margin | -27.7% |
| ROA | -55.3% |
| ROE | 32.5% |
| EBITDA margin | -21.3% |
| Days sales outstanding | 127d |
| Days payable outstanding | 58d |
| Inventory turnover | 7.43 |
| Days inventory (DSI) | 49d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.28M |
| Fixed assets | 21/28 | €120k |
| Tangible fixed assets | 22/27 | €117k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €1.16M |
| Stocks & contracts in progress | 3 | €256k |
| Amounts receivable within one year | 40/41 | €886k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.28M |
| Equity | 10/15 | €-2.18M |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-2.24M |
| Amounts payable | 17/49 | €3.45M |
| Amounts payable within one year | 42/48 | €3.45M |
| Trade debts payable within one year | 44 | €304k |
| Income statement | ||
| Turnover | 70 | €2.56M |
| Gross operating margin | 9900 | €-21k |
| Operating result | 9901 | €-592k |
| Financial income | 75 | €853 |
| Financial charges | 65 | €116k |
| Result before taxes | 9903 | €-706k |
| Income taxes | 67/77 | €655 |
| Net result for the period | 9904 | €-707k |
| Result to be appropriated | 9905 | €-707k |
-
Current02-11-2024 → present
-
Current02-11-2024 → present
Former directors (1)
-
De Cronos Groep NVLegal entityDirector· perm. rep.: Dirk DeroostState Gazette act 24173570 (09-12-2024)Former- → 02-11-2024
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| KPMG Bedrijfsrevisoren BVCurrent Statutory auditor · represented by Tim Vermeiren |
- | 28-07-2025 → present |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Public limited company(014) |
| Incorporation | 02-11-2021 |
| Status | Active |
| Postal code | 1348 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0152/00N000 | Wallonia | 4.0 ha | 1 · 1.2 ha | 34.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-10-2025 Tim Vermeiren reappointed as statutory auditor
- Tim Vermeiren, Commissaris
Technical details
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}09-12-2024 2 directors appointed, 1 resigning
- Josephus de Wit, Bestuurder
- Sam Bambust, Bestuurder
- Dirk Deroost, Bestuurder
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}04-11-2021 Incorporation of a new SNC
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Innovation Lab |