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INNOVENT

Active
Private limited company (pre-2019)founded 199927 yrs activeDehemlaan 15/17, 8900 Ieper, BelgiumKBO/BCE: BE 0465.320.678
Summary

INNOVENT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €696,816 and a net result of -€3,403. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 36365 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222NACE 45331
1 site
Size
€874,328total assets 2024
Equity
€696,816
Loss
-€3,403
Turnover not published (abridged schema)
Financial health
86 Excellent Checked score 2024
Bankruptcy chance 12 m
0.3%
Structure
Parent
M.C.E. · 100%
Accounts 63 d overdue0 of 1 deed read
Why 86- 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late- Figures for FY 2024 (filed 02-10-2025)+ Founded in 1999+ Equity €696,816 (79.7% of total assets)Show the evidence

Checked score

Score 2024
86 / 100
Excellent
Probability in this band: under 0.55%
Better than 60% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 100=
equity 79.7% of total assets
Liquidity 85+5
short-term debt 20.3% · cash 33.4%
Profitability 68=
return on assets -0.4%
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 0.7% (47,004 companies)
Last 13 months 10-2025: 0.3% 11-2025: 0.2%▼ -49.4% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▼ -1.2% vs 12-2025 02-2026: 0.2%▲ +1.9% vs 01-2026 03-2026: 0.2%▼ -1.2% vs 02-2026 04-2026: 0.2%▼ -1.2% vs 03-2026 05-2026: 0.2%▼ -1.3% vs 04-2026 06-2026: 0.1%▼ -6.3% vs 05-2026lowest value 07-2026: 0.2%▲ +2.7% vs 06-2026 08-2026: 0.2%▲ +42.8% vs 07-2026 09-2026: 0.2%▲ +14.7% vs 08-2026 10-2026: 0.3%▲ +34.9% vs 09-2026highest value
  • Founded in 1999 lowers the probability for this profile
  • 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late raises the probability
  • Equity €696,816 (79.7% of total assets) lowers the probability
  • Figures for FY 2024 (filed 02-10-2025) raises the probability
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 4.22 against 4.18 in 2023; short-term debt: 20.3% and cash: 33.4% of total assets), and 20.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 83%, profitability 34%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1999
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Equity €696,816 (79.7% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 02-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
60 d late
2022
61 d late
2021
79 d late
2020
44 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 31 days after 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€3,403 View
  • Positive: Among the best 5% on equitysector median €58,007 · 36,382 companies €696,816 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Controlled by M.C.E. 100% View

By topic

Financials

Fiscal year
2024
Total assets
€874,328
Loss
-€3,403
Solvency
79.7%
Total assets▼ 0.1%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 29-09-2025Annual accounts filed
  2. 29-09-2024Annual accounts filed
  3. 30-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
03-03-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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