INNOVESYS
ActiveSummary
INNOVESYS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €426k and a net result of €165k. Equity is growing by ~68.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency91=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 2.88 in 2024; short-term debt: 34.4% and cash: 46.6% of total assets), and 34.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.6%
Return on assets
25.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 3 filingsDeviation from the deadline
2025
21 d late
2024
98 d early
2023
51 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€165k▼ 15.4%
2024 · €195k
Working capital
€327k▲ 30.7%
2024 · €250k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€81k-€262k▲ 222%€218k▼ 16.9%
Net result€64k-€195k▲ 204%€165k▼ 15.4%
Equity€66k-€261k▲ 295%€426k▲ 63.1%
Total assets€158k-€394k▲ 150%€650k▲ 64.7%
Debt€92k-€133k▲ 45.1%€224k▲ 67.8%
Working capital€62k-€250k▲ 301%€327k▲ 30.7%
Staff (FTE)0-0.92.7▲ 200%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €650k
Fixed assets
€99k ▲ 810%
Current assets
€551k ▲ 43.6%
Equity and liabilities €650k
Equity
€426k ▲ 63.1%
Debt
€224k ▲ 67.8%
Debt's share of the balance-sheet total rises from 33.8% to 34.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€234k▼
2024 · €266k
Cash flow
€180k▼
2024 · €198k
Current ratio
2.46▼
2024 · 2.88
Debt to equity
0.52▲
2024 · 0.51
ROE
38.7%▼
2024 · 74.7%
ROA
25.4%▼
2024 · 49.4%
Interest coverage
298.23▲
2024 · 67.17
Debt ≤ 1 year
€224k▲
2024 · €133k
Income taxes
€53k▼
2024 · €64k
Staff costs
€187k▲
2024 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €72k | €187k | ▲ 161% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €437 | €3k | €15k | ▲ 358% |
| Other operating charges640/8 | - | €1k | €26k | ▲ 2,322% |
| Gross operating margin9900 | €82k | €338k | €447k | ▲ 32.1% |
| Operating profit (loss)9901 | €81k | €262k | €218k | ▼ 16.9% |
| Financial income75/76B | - | €33 | €596 | ▲ 1,702% |
| Recurring financial income75 | - | €33 | €596 | ▲ 1,702% |
| Financial charges65/66B | €7 | €4k | €783 | ▼ 80.2% |
| Recurring financial charges65 | €7 | €4k | €783 | ▼ 80.2% |
| Profit (loss) for the period before taxes9903 | €81k | €258k | €218k | ▼ 15.7% |
| Income taxes67/77 | €17k | €64k | €53k | ▼ 16.7% |
| Profit (loss) for the period9904 | €64k | €195k | €165k | ▼ 15.4% |
| Profit (loss) for the period to be appropriated9905 | €64k | €195k | €165k | ▼ 15.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €158k | €394k | €650k | ▲ 64.7% |
| Fixed assets21/28 | €4k | €11k | €99k | ▲ 810% |
| Tangible fixed assets22/27 | €4k | €11k | €99k | ▲ 810% |
| Plant, machinery and equipment23 | €4k | €9k | €40k | ▲ 344% |
| Furniture and vehicles24 | - | €2k | €59k | ▲ 2,983% |
| Current assets29/58 | €154k | €384k | €551k | ▲ 43.6% |
| Amounts receivable within one year40/41 | €122k | €270k | €246k | ▼ 8.9% |
| Trade receivables40 | €122k | €265k | €243k | ▼ 8.3% |
| Other amounts receivable41 | - | €5k | €3k | ▼ 40.7% |
| Cash at bank and in hand54/58 | €32k | €112k | €303k | ▲ 170% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | ▲ 41.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €158k | €394k | €650k | ▲ 64.7% |
| Equity10/15 | €66k | €261k | €426k | ▲ 63.1% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Reserves13 | €64k | €259k | €424k | ▲ 63.6% |
| Distributable reserves133 | €64k | €259k | €424k | ▲ 63.6% |
| Amounts payable17/49 | €92k | €133k | €224k | ▲ 67.8% |
| Amounts payable within one year42/48 | €92k | €133k | €224k | ▲ 67.8% |
| Financial debts43 | - | - | €1k | - |
| Credit institutions430/8 | - | - | €1k | - |
| Trade debts44 | €19k | €0 | €31k | - |
| Suppliers440/4 | €19k | €0 | €31k | - |
| Taxes, remuneration and social security45 | €36k | €77k | €97k | ▲ 25.9% |
| Taxes450/3 | €36k | €54k | €46k | ▼ 14.8% |
| Remuneration and social security454/9 | - | €23k | €51k | ▲ 120% |
| Other amounts payable47/48 | €37k | €56k | €95k | ▲ 69.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €64k | €195k | €165k | ▼ 15.4% |
| + Depreciation and write-downs630 | €437 | €3k | €15k | ▲ 358% |
| Operating cash flow (approximation) | €65k | €198k | €180k | ▼ 9.0% |
| Investment in fixed assets (approximation) | - | €-10k | €-104k | ▼ 896% |
| Change in cash | - | €80k | €191k | ▲ 139% |
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
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial
Highest result since 2023net €195k ▲204%
Operating result €262k, net result €195k, both a record.
31-12
Financial
Equity above €200kEq €261k ▲295%
2 profitable years in a row build equity to €261k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
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.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sankt Vith · 2 establishment units since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
John-Cockerill-Straße 114780 Sankt VithGround area
531 m²
Building footprint
135 m²
Volume, LiDAR
1,001 m³
Parcel 23772C0278/00R003, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
INNOVESYS
since 20232.345.866.905
Innovesys
since 20262.389.924.404
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23772C0278/00R003 | Flanders | 531 m² | 1 · 135 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,571 companies in sector 71121 we hold annual accounts for 6,563. 4,600 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.