InnovDCO
ActiveSummary
The computed 12-month bankruptcy probability of InnovDCO is 5.5% (elevated). The annual accounts of InnovDCO for fiscal year 2024 show a net loss of 158% of total assets and of 96% of the equity at the start of that year. The 2024 annual accounts show equity of €73 and a net result of -€1,783. Its solvency ranks better than 12% of 36378 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 757 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 87% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 757 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €95 | €178 | ▲ 88.6% |
| Gross operating margin9900 | -€1,005 | -€1,543 | ▼ 53.5% |
| Operating profit (loss)9901 | -€1,100 | -€1,721 | ▼ 56.5% |
| Financial charges65/66B | €45 | €62 | ▲ 37.7% |
| Recurring financial charges65 | €45 | €62 | ▲ 37.7% |
| Profit (loss) for the period before taxes9903 | -€1,145 | -€1,783 | ▼ 55.8% |
| Profit (loss) for the period9904 | -€1,145 | -€1,783 | ▼ 55.8% |
| Profit (loss) for the period to be appropriated9905 | -€1,145 | -€1,783 | ▼ 55.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €4,241 | €1,127 | ▼ 73.4% |
| Fixed assets21/28 | €830 | €652 | ▼ 21.5% |
| Tangible fixed assets22/27 | €830 | €652 | ▼ 21.5% |
| Plant, machinery and equipment23 | €830 | €652 | ▼ 21.5% |
| Current assets29/58 | €3,411 | €475 | ▼ 86.1% |
| Amounts receivable within one year40/41 | €1,722 | €355 | ▼ 79.4% |
| Trade receivables40 | €1,275 | €197 | ▼ 84.5% |
| Other amounts receivable41 | €447 | €158 | ▼ 64.8% |
| Cash at bank and in hand54/58 | €1,689 | €120 | ▼ 92.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €4,241 | €1,127 | ▼ 73.4% |
| Equity10/15 | €1,855 | €73 | ▼ 96.1% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€1,145 | -€2,927 | ▼ 156% |
| Amounts payable17/49 | €2,386 | €1,054 | ▼ 55.8% |
| Amounts payable within one year42/48 | €2,386 | €1,054 | ▼ 55.8% |
| Trade debts44 | €1,352 | - | - |
| Suppliers440/4 | €1,352 | - | - |
| Other amounts payable47/48 | €1,034 | €1,054 | ▲ 1.9% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€1,145 | -€1,783 | ▼ 55.8% |
| + Depreciation and write-downs630 | €95 | €178 | ▲ 88.6% |
| Operating cash flow (approximation) | -€1,050 | -€1,604 | ▼ 52.8% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€1,569 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095C0181/00Y010 | Flanders | 1,885 m² | 1 · 267 m² | 21.2 m · 6 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.