Turnover
≈ €120,000 estimated
The micro format states no turnover.
Minnovate
Lifetime
1 annual account with figurespeak €61,242 (2025)
€61,242
peak €43,322 (2025)
€43,322
peak €53,322 (2025)
€53,322
€38,548
Board1 name since 2024
1 directorMinnaert, Jeroen Martha Noël
Documentsfilings and deeds
25-12-202537 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€10,000 100 shares
Checked score
96
Excellent
Financially stronger than 66% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: < 0.1%lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 2.46, cash €67,150
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €91,870
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 62, micro). It does better than 50% of them on solvency, 65% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Minnovate has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Minnovate itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 11,279 companies, not a prediction for Minnovate. 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.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.46, above the usual 1.5. Short-term debt is 39.8% and cash 73.1% of total assets. 42% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-12-2025, 37 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
37 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved from Ghent to Zwijnaarde
New registered office: Rijvisschestraat 130 bus 202, 9052 Zwijnaarde · Previous registered office: Begijnhoflaan 111 bus 1, 9000 Gent · Board meeting of 11-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017501987
Incorporation
Founding capital of €10,000, 100 shares · Founder: Minnaert, Jeroen Martha Noël · Appointment: Minnaert, Jeroen Martha Noël (director) · published on 19-12-2024 · Gazette deed
First establishment
Begijnhoflaan 111, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Minnovate Ghent | €91,870 | €61,242 | 58.0% | - |
| Tempala Ghent | €94,109 | €60,830 | 47.7% | - |
| Vinsights Lede | €92,126 | €62,730 | 55.5% | - |
| 365-IT Aalst | €91,524 | €65,745 | 47.2% | - |
| Go4iT Consulting Lokeren | €89,832 | €63,992 | 71.4% | - |
| saralytics Lokeren | €101,078 | €61,661 | 47.1% | - |
| Kyvo Lochristi | €84,560 | €68,983 | 66.0% | - |
These companies have the same main activity as Minnovate: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €84,600 and €101,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 17-12-2024Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.367.628.2609000 Ghent, since 17-12-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 09-01-2025
Annual accounts to 30-06-2025
- €91,870
- Filing
- Filed on 25-12-2025, 37 days before the end of the filing period
Insights on Minnovate
Minnovate has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,322 and a net result of €43,322.
Its solvency ranks better than 48% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Minnovate
- What is the company number of Minnovate?
- The company number of Minnovate is 1017.501.987. The VAT number is the same number with BE in front: BE 1017.501.987.
- Where is Minnovate based?
- The registered office is at Rijvisschestraat 130, 9052 Ghent.Company details
- What does Minnovate do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Minnovate?
- Minnovate is a private limited company (BV).
- When was Minnovate founded?
- Minnovate was founded on 17-12-2024.
- Is Minnovate still active?
- Yes, Minnovate is an active enterprise in the KBO register.
- What is the turnover of Minnovate?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €61,242 and 60 comparable companies (NACE 62200). It probably lies between €100,000 and €150,000.Financials
- Is Minnovate profitable?
- In financial year 2025, Minnovate made a profit of €43,322.
- Where can I find the annual accounts of Minnovate?
- Minnovate filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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