InnoViTech
ActiveSummary
InnoViTech has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24k and a net result of €21k. Its solvency ranks better than 20% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes
Profitability91
Solvency45
Growth-
Track record67
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.51; short-term debt: 14.4% and cash: 12.2% of total assets), but 79.7% of the assets are financed with debt.
Credit check for your own amount and term
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
20.3%
Return on assets
18.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 11615 sector peers (2024).
NBB · sector comparisonPosition among 11615 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 1 filingDeviation from the deadline
2024
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€24k
Total assets
€116k
Net result
€21k
Working capital
€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €116k
Fixed assets
€91k
Current assets
€25k
Equity and liabilities €116k
Equity
€24k
Debt
€92k
Debt finances 79.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€33k
Cash flow
€26k
Current ratio
1.51
Debt to equity
3.92
ROE
89.4%
ROA
18.2%
Interest coverage
24.14
Debt ≤ 1 year
€17k
Debt > 1 year
€76k
Income taxes
€6k
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet
Code2024
Assets
Total assets20/58€116k
Fixed assets21/28€91k
Tangible fixed assets22/27€41k
Furniture and vehicles24€533
Leasing and similar rights25€40k
Financial fixed assets28€50k
Current assets29/58€25k
Amounts receivable within one year40/41€10k
Trade receivables40€10k
Other amounts receivable41€554
Cash at bank and in hand54/58€14k
Deferred charges and accrued income490/1€898
Equity and liabilities
Total equity and liabilities10/49€116k
Equity10/15€24k
Contributions10/11€3k
Profit (loss) carried forward14€21k
Amounts payable17/49€92k
Amounts payable after more than one year17€76k
Financial debts170/4€76k
Amounts payable within one year42/48€17k
Current portion of amounts payable after more than one year42€10k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€5k
Taxes450/3€5k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k
Other operating charges640/8€1k
Gross operating margin9900€35k
Operating profit (loss)9901€28k
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€27k
Income taxes67/77€6k
Profit (loss) for the period9904€21k
Profit (loss) for the period to be appropriated9905€21k
Appropriation of the result
Profit (loss) to be appropriated9906€21k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k |
| Other operating charges640/8 | €1k |
| Gross operating margin9900 | €35k |
| Operating profit (loss)9901 | €28k |
| Financial charges65/66B | €1k |
| Recurring financial charges65 | €1k |
| Profit (loss) for the period before taxes9903 | €27k |
| Income taxes67/77 | €6k |
| Profit (loss) for the period9904 | €21k |
| Profit (loss) for the period to be appropriated9905 | €21k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €116k | |
| Fixed assets21/28 | €91k | |
| Tangible fixed assets22/27 | €41k | |
| Furniture and vehicles24 | €533 | |
| Leasing and similar rights25 | €40k | |
| Financial fixed assets28 | €50k | |
| Current assets29/58 | €25k | |
| Amounts receivable within one year40/41 | €10k | |
| Trade receivables40 | €10k | |
| Other amounts receivable41 | €554 | |
| Cash at bank and in hand54/58 | €14k | |
| Deferred charges and accrued income490/1 | €898 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €116k | |
| Equity10/15 | €24k | |
| Contributions10/11 | €3k | |
| Profit (loss) carried forward14 | €21k | |
| Amounts payable17/49 | €92k | |
| Amounts payable after more than one year17 | €76k | |
| Financial debts170/4 | €76k | |
| Amounts payable within one year42/48 | €17k | |
| Current portion of amounts payable after more than one year42 | €10k | |
| Trade debts44 | €2k | |
| Suppliers440/4 | €2k | |
| Taxes, remuneration and social security45 | €5k | |
| Taxes450/3 | €5k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €21k |
| + Depreciation and write-downs630 | €5k |
| Operating cash flow (approximation) | €26k |
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
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 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, Halen · 1 establishment unit since 2024
Ground area
850 m²
Building footprint
363 m²
Volume, LiDAR
3,208 m³
Parcel 71020B0806/00G000, Flanders · tallest building 21.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
InnoViTech
since 20242.355.368.549
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71020B0806/00G000 | Flanders | 850 m² | 1 · 363 m² | 21.3 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 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,201 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
Founded15-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
62200Computer consultancy and computer facilities management
71209Other technical testing and analysis
73300Public relations and communication consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.