INVINI · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of INVINI is 1.2% (low). The 2024 annual accounts show equity of €14k and a net result of €-967. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 6722 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

1 signal · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 95% of 6722 peers (2024). A comfortable equity buffer.

View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 20 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	27-08-2025	27 d late	2025-00416640
31-12-2023	31-07-2024	23-07-2024	8 d early	2024-00273173
31-12-2022	31-07-2023	12-08-2023	12 d late	2023-00331841
31-12-2021	31-07-2022	31-08-2022	31 d late	2022-20370361
31-12-2020	31-07-2021	30-08-2021	30 d late	2021-59700275
31-12-2019	31-07-2020	26-08-2020	26 d late	2020-45400257
31-12-2018	31-07-2019	15-07-2019	16 d early	2019-32700394
31-12-2017	31-07-2018	20-08-2018	20 d late	2018-47400359
31-12-2016	31-07-2017	31-07-2017	on the day	2017-40800217
31-12-2015	31-07-2016	28-07-2016	3 d early	2016-37900254

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2014, 12 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.2% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: weaker financial profile +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€0

EBIT marginNot published (abbreviated filing)

Net result€-967+57.3%

Working capital€14k-6.4%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~6.4%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	87.2%	20.4%	better than 95% of 6722 sector peers
Net result	€-967	€4k	better than 33% of 6703 sector peers
Equity	€14k	€16k	better than 48% of 6737 sector peers
Gross operating margin	€-489	€24k	better than 19% of 6682 sector peers
Total assets	€16k	€94k	better than 13% of 6726 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P95

Stable position over 2020-2024 · n=1505-6722

Net result P33

Stable position over 2020-2024 · n=1499-6703

Equity P48

Stable position over 2020-2024 · n=1508-6737

Gross operating margin P19

Stable position over 2020-2024 · n=1494-6682

Describes the position versus peers, not a forecast.

Revenue

€0

- 18-24

EBITDA

€-9k

-42.0% 18-24

Net profit

€-967

+57.3% 18-24

Cash flow

€-22k

-15.3% 18-24

Total assets

€16k

-0.4% 18-24

Equity

€14k

-6.4% 18-24

Working capital

€14k

-6.4% 18-24

Debt

€2k

+76.7% 18-24

Show 7 other metrics

Debt ≤ 1y

€2k

+76.7% 18-24

Current ratio

7.82

-43.6% 18-24

Quick ratio

7.82

-43.6% 18-24

Solvency

87.2%

-6.0% 18-24

Debt / equity

0.15

+88.8% 18-24

ROE

-6.8%

+54.4% 18-24

ROA

-5.9%

+57.1% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€-967
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€16k
Equity	€14k
Debt	€2k
of which ≤ 1y	€2k
of which > 1y	-
Working capital	€14k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	7.82
Quick ratio	7.82
Working capital ratio	87.2%
Solvency	87.2%
Debt / equity	0.15
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-5.9%
ROE	-6.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €1 · 0.0% Current assets €16k · 100.0%

Equity & liabilities

Equity €14k · 87.2% Debt €2k · 12.8%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€16k
Fixed assets	21/28	€1
Intangible fixed assets	21	€1
Current assets	29/58	€16k
Amounts receivable within one year	40/41	€14k
Investments	50/53	€2k
Cash & bank	54/58	€23
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€16k
Equity	10/15	€14k
Contributions / capital	10/11	€19k
Accumulated profits (losses)	14	€-6k
Amounts payable	17/49	€2k
Amounts payable within one year	42/48	€2k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€-489
Operating result	9901	€-873
Financial charges	65	€94
Result before taxes	9903	€-967
Net result for the period	9904	€-967
Result to be appropriated	9905	€-967

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

70 / 100 Healthy

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Avenue Eugène Philippe 21473 Genappe

Establishment units

1 location

Rue de la Clef 41, 4650 Herve

Detailhandel in wijnen en geestrijke dranken

since 20142.232.786.778

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area4,699 m²

Buildings2

Building footprint493 m²

Volume (LiDAR)3,511 m³

Tallest building11.6 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63006D0684/00S003	Wallonia	4,611 m²	1 · 341 m²	8.4 m · 2 fl.
25034D0251/00L000	Wallonia	88 m²	1 · 152 m²	11.6 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.