INNOVESYS
ActiveSummary
INNOVESYS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €426,103 and a net result of €164,927. Equity has been growing by about 69% per year since 2023. Its solvency ranks better than 62% of 11,771 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 31-05-2023 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 2 others
- Establishment units
- 2.345.866.905 4780 Sankt Vith, since 31-05-2023
- 2.389.924.404 1930 Zaventem, since 07-05-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 04-08-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €446,944
- ▲ 32.1%
- Turnover
- ≈ €1.2m
- estimated
- Profit
- €164,927
- ▼ 15.4%
- Equity
- €426,103
- ▲ 63.1%
- Total assets
- €649,779
- ▲ 64.7%
- Employees on 31-12-2025
- 4
- ▲ 33.3%
- 2025 accounts filed 21 days after the deadline
Score breakdownlowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 2.46, cash €302,798Size: total assets €649,779Figures for financial year 2025 (filed on 21-08-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 64% of them on solvency, 75% on liquidity, 88% on profitability and 85% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 43 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 21 days after the deadline Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00412376.
Annual accounts 2025 filed on 21-08-2026 at the NBB all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is 17% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 3 | 4 |
| full-time | - | 1 | 3 |
| part-time | - | 2 | 1 |
| in full-time equivalents | - | 2 | 3.5 |
| Average over the year, in full-time equivalents | 0 | 0.9 | 2.7 |
| On a permanent contract | - | 1 | 3 |
| Joined | - | 3 | 2 |
| Left | - | 0 | 1 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €4,283 | €10,398 | €103,517 |
| Depreciation and write-downs of the year | €437 | €3,379 | €15,492 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as INNOVESYS: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €557,000 and €713,000, founded in 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| INNOVESYS Sankt Vith | 2023 | €649,779 | €426,103 | €446,944 | €164,927 | - | 2025 |
| NG INFRA Thimister-Clermont | 2023 | €712,663 | €614,241 | €382,488 | €286,305 | - | 2025 |
| MD AUTOMATION Zwevegem | 2023 | €709,951 | €202,736 | €425,855 | €413,868 | - | 2025 |
| SEE BUILDING Waterloo | 2023 | €557,411 | €289,050 | €427,588 | €186,871 | - | 2025 |
| STS Shipping Schoten | 2023 | €560,132 | €438,319 | €410,863 | €294,692 | 0 | 2025 |
| CUB3 Braine-le-Château | 2023 | €582,183 | €298,159 | €399,380 | €296,464 | 0.5 | 2025 |
| ROBOTICS VENTURES Antwerpen | 2023 | €681,627 | €547,294 | €385,380 | €278,876 | - | 2025 |
They were chosen from the 6,767 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as INNOVESYS has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of INNOVESYS itself is lower: < 0.1% within 12 months. It rests on far more data about INNOVESYS than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for INNOVESYS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €71,558 | €186,995 | ▲ 161% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €437 | €3,379 | €15,492 | ▲ 358% |
| Other operating charges640/8 | - | €1,092 | €26,434 | ▲ 24× |
| Gross operating margin9900 | €81,865 | €338,438 | €446,944 | ▲ 32.1% |
| Operating profit (loss)9901 | €81,428 | €262,410 | €218,024 | ▼ 16.9% |
| Financial income75/76B | - | €33 | €596 | ▲ 18× |
| Recurring financial income75 | - | €33 | €596 | ▲ 18× |
| Financial charges65/66B | €7 | €3,957 | €783 | ▼ 80.2% |
| Recurring financial charges65 | €7 | €3,957 | €783 | ▼ 80.2% |
| Profit (loss) for the period before taxes9903 | €81,421 | €258,486 | €217,837 | ▼ 15.7% |
| Income taxes67/77 | €17,225 | €63,506 | €52,910 | ▼ 16.7% |
| Profit (loss) for the period9904 | €64,196 | €194,980 | €164,927 | ▼ 15.4% |
| Profit (loss) for the period to be appropriated9905 | €64,196 | €194,980 | €164,927 | ▼ 15.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €158,056 | €394,494 | €649,779 | ▲ 64.7% |
| Fixed assets21/28 | €3,846 | €10,865 | €98,891 | ▲ 810% |
| Tangible fixed assets22/27 | €3,846 | €10,865 | €98,891 | ▲ 810% |
| Plant, machinery and equipment23 | €3,846 | €8,947 | €39,754 | ▲ 344% |
| Furniture and vehicles24 | - | €1,918 | €59,136 | ▲ 31× |
| Current assets29/58 | €154,210 | €383,629 | €550,888 | ▲ 43.6% |
| Amounts receivable within one year40/41 | €121,897 | €270,212 | €246,063 | ▼ 8.9% |
| Trade receivables40 | €121,897 | €264,748 | €242,821 | ▼ 8.3% |
| Other amounts receivable41 | - | €5,463 | €3,242 | ▼ 40.7% |
| Cash at bank and in hand54/58 | €32,313 | €111,988 | €302,798 | ▲ 170% |
| Deferred charges and accrued income490/1 | - | €1,429 | €2,028 | ▲ 41.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €158,056 | €394,494 | €649,779 | ▲ 64.7% |
| Equity10/15 | €66,196 | €261,176 | €426,103 | ▲ 63.1% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €64,196 | €259,176 | €424,103 | ▲ 63.6% |
| Distributable reserves133 | €64,196 | €259,176 | €424,103 | ▲ 63.6% |
| Amounts payable17/49 | €91,860 | €133,318 | €223,676 | ▲ 67.8% |
| Amounts payable within one year42/48 | €91,860 | €133,318 | €223,676 | ▲ 67.8% |
| Financial debts43 | - | - | €1,029 | - |
| Credit institutions430/8 | - | - | €1,029 | - |
| Trade debts44 | €19,251 | €0 | €30,640 | - |
| Suppliers440/4 | €19,251 | €0 | €30,640 | - |
| Taxes, remuneration and social security45 | €36,089 | €77,229 | €97,203 | ▲ 25.9% |
| Taxes450/3 | €36,089 | €53,961 | €45,979 | ▼ 14.8% |
| Remuneration and social security454/9 | - | €23,268 | €51,224 | ▲ 120% |
| Other amounts payable47/48 | €36,520 | €56,089 | €94,805 | ▲ 69.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,196 | €194,980 | €164,927 | ▼ 15.4% |
| + Depreciation and write-downs630 | €437 | €3,379 | €15,492 | ▲ 358% |
| Operating cash flow (approximation) | €64,633 | €198,359 | €180,418 | ▼ 9.0% |
| Investment in fixed assets (approximation) | - | -€10,398 | -€103,517 | ▼ 896% |
| Change in cash | - | €79,675 | €190,810 | ▲ 139% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- HACKEN Christian 50,000 shares (50%) · €1,000
- DE MUNCK Sven Henri 50,000 shares (50%) · €1,000
Capital transactions
- 24-04-2026 Capital increase · 10,000 new shares · Bareinlage
- 02-06-2023 Incorporation · €2,000 · 100,000 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE MUNCK Sven Henri |
|
| HACKEN Christian |
|
Network & group
INNOVESYS shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of INNOVESYS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-04
Gazette deed
Satzungen (Uebersetzung, Koordination, Andere Aenderungen, ) - Kapital - AktienFinancial instrument · Declaration · Capital increase7 points ▸
- General meeting, 08-04-2026
- Financial instrument, “Aktienoptionsplan”, 10000 (deed in German)
- Financial instrument, 10000, “issue” (deed in German)
- Board meeting, “Bestimmung der Begünstigten der Optionsscheine und Festlegung der Bedingungen für die Zuteilung und Ausübung der SOP-Zeichnungsrechte, mandat” (deed in German)
- Declaration, “unwiderruflich zugunsten der bestimmten Personen auf Bezugsrecht, Ausübungsfrist und Möglichkeit der Zeichnung zu verhandeln, Verzicht auf Bezugsrecht” (deed in German)
- Capital increase, mentioned 2 times in the deed
- Power of attorney
02-06
Gazette deed
IncorporationStarting capital €2,000 · Appointments: HACKEN Christian (nicht statutärer verwalter) and DE MUNCK Sven Henri (nicht statutärer verwalter) · Founder11 points ▸
- Incorporation, 30-05-2023
- Founder, HACKEN Christian
- Founder, DE MUNCK Sven Henri
- Founding capital, €2,000
- Bank account, “Sonderkonto, zu gründende Gesellschaft” (deed in German)
- Capital, €2,000
- Pre-incorporation commitments, “takeover, alle im Namen der sich in Gründung befindenden Gesellschaft eingegangenen Verpflichtungen” (deed in German)
- Registered office clause, “4780 Sankt-Vith,John-Cockerill-Strasse,11, alleiniger Aktionär einstimmig” (deed in German)
- Director appointment, HACKEN Christian (nicht statutärer verwalter)
- Director appointment, DE MUNCK Sven Henri (nicht statutärer verwalter)
- Other provision, “Name und Unterschrift, Teil B Ausfertigung” (deed in German)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
2 activities
- Alle Ingenieurdienstleistungen und technische Beratung in den Bereichen Maschinen,Prozesse und Industrieanlagen sowie die Durchführung und die Planung von allen Projekten in den Bereichen Elektrotechnik und Elektronik,Industrietechnik,Systemtechnik,Sicherheitstechnik usw.
- Den Erwerb,den Verkauf,den Besitz und das Vermieten jeglicher Immobilien für eigenen Bedarf
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
This address was not found in the Belgian address register (BOSA BEST).
John-Cockerill-Straße 114780 Sankt VithBuildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23772C0278/00R003 | Flanders | 531 m² | 1 · 135 m² | 10.7 m · 3 |