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Innovative Coating Technologies

Active
Public limited companyfounded 1992active for 33 yearsE 3 laan 21, 9800 Deinze, BelgiumKBO/BCE: BE 0448.931.836
Summary

Innovative Coating Technologies has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €714,938 and a net result of €22,032. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 95% of 146 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
Innovative Coating TechnologiesActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of chemicals and chemical products
NACE 20590Wholesale of information and communication equipment NACE 46500
2 sites
Size
€757,292total assets 2025
Staff
1 FTE
Equity
€714,938
Profit
€22,032
Turnover not published (abbreviated or micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
TRADIMEX · 99.99%
2025 accounts 1 day early4 deeds in the Belgian Official Gazette
Why 87raises riskLiquidity: current ratio 18.16, cash €1,492, halvedFigures for financial year 2025 (filed 30-10-2025)lowers riskFounded in 1992Equity €714,938 (94.4% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 66% of its sector peers (NACE 20, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 94.4% of total assets
Liquidity 50-10
short-term debt 5.3% · cash 0.2%
Profitability 72-2
return on assets 2.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (355 companies, NACE 20, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity ample (current ratio 18.16, compared with 5.06 in 2024, above the usual 1.5; short-term debt: 5.3% and cash: 0.2% of total assets), and 5.6% 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 20, micro): better than 90% on solvency, 53% on liquidity, 64% on profitability and 57% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 18.16, cash €1,492, halved
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed 30-10-2025)
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €714,938 (94.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
2 days early
2023
4 days early
2022
4 days early
2021
3 days late
2020
30 days late
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 20) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 29 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end24-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet €22,032 ▼43.2%
  3. Liquidity more than triplescurrent ratio 18.16

Key points

  • Positive: Among the best 5% on solvencysector median 25.6% · 146 companies 94.4% View
  • Controlled by TRADIMEX 99.99% View
  • Positive: 7 profitable years in a rowprofit 2025: €22,032 7 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€757,292
Profit
€22,032
Solvency
94.4%
Total assets▼ 12.2%
Net result
20192025
Go to Financials

Timeline

Events
36
Since
1994
Next accounts
by 31-10-2026
  1. 29-10-2024Annual accounts filed
  2. 27-10-2023Annual accounts filed
  3. 31-03-2023Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of chemicals and chemical productsNACE 20590
Founded
22-12-1992
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Innovative Coating Technologies

What is the company number of Innovative Coating Technologies?
0448.931.836. In Belgium the VAT number is the company number with BE in front: BE 0448.931.836.
Where is Innovative Coating Technologies based?
The registered office is at E 3 laan 21, 9800 Deinze.Company details
What does Innovative Coating Technologies do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20590).
What is the legal form of Innovative Coating Technologies?
Public limited company (NV).
When was Innovative Coating Technologies founded?
On 22-12-1992.
Is Innovative Coating Technologies still active?
Yes, Innovative Coating Technologies is an active enterprise in the KBO register.
How many employees does Innovative Coating Technologies have?
On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Innovative Coating Technologies?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Innovative Coating Technologies profitable?
In financial year 2025, Innovative Coating Technologies made a profit of €22,032.
Where can I find the annual accounts of Innovative Coating Technologies?
Innovative Coating Technologies filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Innovative Coating Technologies due?
By 31-10-2026, for financial year 2026.Timeline

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