Stretch Innovation
The computed 12-month bankruptcy probability of Stretch Innovation is 0.8% (low). The 2024 annual accounts show equity of €986k and a net result of €401k. Equity is growing by ~82.1% per year across the filed fiscal years. Its solvency ranks better than 58% of 426 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €986k |
| Net result | €401k |
| Staff (FTE) | 9.5 |
| Better than sector | 58% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.8% | 33.6% | |
| Net result | €401k | €34k | |
| Equity | €986k | €108k | |
| Gross operating margin | €1.29M | €87k | |
| Staff costs | €606k | €158k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €677k |
| Net profit | €401k |
| Cash flow | €501k |
| Staff costs | €606k |
| Income taxes | €150k |
| Dividends | - |
| Total assets | €2.25M |
| Equity | €986k |
| Debt | €1.27M |
| of which ≤ 1y | €962k |
| of which > 1y | €305k |
| Working capital | €669k |
| Employees (FTE) | 9.5 |
| 2024 | |
|---|---|
| Current ratio | 1.70 |
| Quick ratio | 1.70 |
| Working capital ratio | 29.7% |
| Solvency | 43.8% |
| Debt / equity | 1.28 |
| Long-term debt ratio | 0.31 |
| Interest coverage | 24.50 |
| Gross margin | - |
| Net margin | - |
| ROA | 17.8% |
| ROE | 40.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.25M |
| Fixed assets | 21/28 | €623k |
| Intangible fixed assets | 21 | €515k |
| Tangible fixed assets | 22/27 | €73k |
| Financial fixed assets | 28 | €35k |
| Current assets | 29/58 | €1.63M |
| Amounts receivable within one year | 40/41 | €763k |
| Investments | 50/53 | €250k |
| Cash & bank | 54/58 | €549k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.25M |
| Equity | 10/15 | €986k |
| Contributions / capital | 10/11 | €182k |
| Reserves | 13 | €105k |
| Accumulated profits (losses) | 14 | €699k |
| Amounts payable | 17/49 | €1.27M |
| Amounts payable after one year | 17 | €305k |
| Amounts payable within one year | 42/48 | €962k |
| Trade debts payable within one year | 44 | €293k |
| Income statement | ||
| Gross operating margin | 9900 | €1.29M |
| Operating result | 9901 | €577k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €28k |
| Result before taxes | 9903 | €551k |
| Income taxes | 67/77 | €150k |
| Net result for the period | 9904 | €401k |
| Result to be appropriated | 9905 | €401k |
| NACE primary | 82990 |
| Legal form | Private limited company(610) |
| Incorporation | 03-02-2022 |
| Status | Active |
| Postal code | 2000 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K0018/00D006 | Flanders | 766 m² | 1 · 766 m² | 19.2 m · 5 fl. |
| 11811L3628/00M002 | Flanders | 155 m² | 1 · 127 m² | 16.3 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-05-2026 General meeting · Seat change · Officer appointment · Permanent representative
- Filing: 2026-05-28 · BDB Concepts
- Registration event: 2026-05-18 · BDB Concepts
- General meeting: 2026-02-10 · BDB Concepts
- Seat change: to: Desguinlei 6, 2018 Antwerpen, from: Boomgaardstraat 115 - 2018 Antwerpen, effective_date: 2026-03-01 · BDB Concepts
- Officer appointment: role: bevoegde bestuurder, effective_date: 2023-12-08 · Stretch Innovation BV
- Permanent representative: role: vaste vertegenwoordiger, effective_date: 2023-12-08 · Stijn van Daele
- Power of attorney: scope: uitvoeren van alle (rechts)handelingen of formaliteiten die nuttig en/of noodzakelijk zijn om de neerlegging te verzorgen van alle formaliteiten, akten, stukken, notulen, beslissingen waarvoor volgens het Wetboek van vennootschappen en verenigingen een neerlegging in het vennootschapsdossier en/of een publicatie in (de bijlagen bij) het Belgisch Staatsblad is vereist · BDB Concepts
- Publication: 2026-05-28
- Act object: zetelverplaatsing - wijziging bestuur
- Power of attorney · BDB Concepts
- Power of attorney · BDB Concepts
- Power of attorney · BDB Concepts
- Power of attorney · BDB Concepts
- Power of attorney · BDB Concepts
- Power of attorney · BDB Concepts
- Power of attorney · BDB Concepts
Technical details
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}07-04-2025 Capital increase of €203,414.92
- Inbreng in geld · Apport en numéraire
Technical details
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}20-03-2024 Capital increase of €190,786.67
- Inbreng in geld · Apport en numéraire
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Stretch Innovation |