Innovic
ActiveSummary
Innovic has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,743 and a net result of €40,889. Its solvency ranks better than 68% of 9511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency96▲+12
Growth78
Track record82
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.25 against 2.02 in 2024; short-term debt: 28.6% and cash: 78% of total assets), and 28.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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
71.4%
Return on assets
36.1%
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 30-08-2026, 30 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 · 2 filingsDeviation from the deadline
2025
30 d late
2024
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
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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Financials · fiscal year 2025, micro schema
Equity
€80,743▲ 103%
2024 · €39,854
Total assets
€113,115▲ 68.2%
2024 · €67,252
Net result
€40,889▲ 8.0%
2024 · €37,854
Working capital
€72,897▲ 161%
2024 · €27,981
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
Line20242025
Operating result€48,027-€53,108▲ 10.6%
Net result€37,854-€40,889▲ 8.0%
Equity€39,854-€80,743▲ 103%
Total assets€67,252-€113,115▲ 68.2%
Debt€27,398-€32,372▲ 18.2%
Working capital€27,981-€72,897▲ 161%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113,115
Fixed assets
€7,846 ▼ 33.9%
Current assets
€105,269 ▲ 90.1%
Equity and liabilities €113,115
Equity
€80,743 ▲ 103%
Debt
€32,372 ▲ 18.2%
Debt's share of the balance-sheet total falls from 40.7% to 28.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64,504▲
2024 · €57,930
Cash flow
€52,285▲
2024 · €47,757
Current ratio
3.25▲
2024 · 2.02
Quick ratio
3.06▲
2024 · 1.91
Debt to equity
0.40▼
2024 · 0.69
ROE
50.6%▼
2024 · 95.0%
ROA
36.1%▼
2024 · 56.3%
Interest coverage
335.69▲
2024 · 335.07
Debt ≤ 1 year
€32,372▲
2024 · €27,398
Income taxes
€12,027▲
2024 · €10,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,903 | €11,396 | ▲ 15.1% |
| Other operating charges640/8 | €1,038 | €525 | ▼ 49.4% |
| Gross operating margin9900 | €58,968 | €65,029 | ▲ 10.3% |
| Operating profit (loss)9901 | €48,027 | €53,108 | ▲ 10.6% |
| Financial charges65/66B | €173 | €192 | ▲ 11.1% |
| Recurring financial charges65 | €173 | €192 | ▲ 11.1% |
| Profit (loss) for the period before taxes9903 | €47,854 | €52,916 | ▲ 10.6% |
| Income taxes67/77 | €10,000 | €12,027 | ▲ 20.3% |
| Profit (loss) for the period9904 | €37,854 | €40,889 | ▲ 8.0% |
| Profit (loss) for the period to be appropriated9905 | €37,854 | €40,889 | ▲ 8.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €67,252 | €113,115 | ▲ 68.2% |
| Fixed assets21/28 | €11,873 | €7,846 | ▼ 33.9% |
| Intangible fixed assets21 | €1 | €1 | ▼ 25.0% |
| Tangible fixed assets22/27 | €11,872 | €7,845 | ▼ 33.9% |
| Plant, machinery and equipment23 | €4,004 | €3,019 | ▼ 24.6% |
| Furniture and vehicles24 | €7,868 | €4,827 | ▼ 38.7% |
| Current assets29/58 | €55,379 | €105,269 | ▲ 90.1% |
| Stocks and contracts in progress3 | €3,085 | €6,330 | ▲ 105% |
| Stocks30/36 | €3,085 | €6,330 | ▲ 105% |
| Amounts receivable within one year40/41 | €11,344 | €10,696 | ▼ 5.7% |
| Trade receivables40 | €11,344 | €10,696 | ▼ 5.7% |
| Cash at bank and in hand54/58 | €40,951 | €88,242 | ▲ 115% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €67,252 | €113,115 | ▲ 68.2% |
| Equity10/15 | €39,854 | €80,743 | ▲ 103% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €37,854 | €78,743 | ▲ 108% |
| Amounts payable17/49 | €27,398 | €32,372 | ▲ 18.2% |
| Amounts payable within one year42/48 | €27,398 | €32,372 | ▲ 18.2% |
| Trade debts44 | €780 | €117 | ▼ 85.0% |
| Suppliers440/4 | €780 | €117 | ▼ 85.0% |
| Taxes, remuneration and social security45 | €15,484 | €28,936 | ▲ 86.9% |
| Taxes450/3 | €15,484 | €28,936 | ▲ 86.9% |
| Other amounts payable47/48 | €11,134 | €3,319 | ▼ 70.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €37,854 | €40,889 | ▲ 8.0% |
| + Depreciation and write-downs630 | €9,903 | €11,396 | ▲ 15.1% |
| Operating cash flow (approximation) | €47,757 | €52,285 | ▲ 9.5% |
| Investment in fixed assets (approximation) | - | -€7,369 | - |
| Change in cash | - | €47,292 | - |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Faimes · 1 establishment unit since 2024
Ground area
3,292 m²
Parcel 64016B0312/00X000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Innovic
since 20242.357.892.925
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64016B0312/00X000 | Wallonia | 3,292 m² | - | - |
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. 5,176 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
Founded25-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.