INITIATEL
The computed 12-month bankruptcy probability of INITIATEL is 0.1% (very low). The 2025 annual accounts show equity of €60k and a net result of €27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 92% of 310 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €60k |
| Net result | €27k |
| Better than sector | 92% |
| Active | 31 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 92.9% | 42.2% | |
| Net result | €27k | €55k | |
| Equity | €60k | €213k | |
| Gross operating margin | €46k | €84k | |
| Total assets | €65k | €722k |
Show 13 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €121k |
| EBITDA | €45k |
| Net profit | €27k |
| Cash flow | €32k |
| Staff costs | - |
| Income taxes | €12k |
| Dividends | - |
| Total assets | €65k |
| Equity | €60k |
| Debt | €5k |
| of which ≤ 1y | €5k |
| of which > 1y | - |
| Working capital | €53k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 12.70 |
| Quick ratio | 12.70 |
| Working capital ratio | 82.5% |
| Solvency | 92.9% |
| Debt / equity | 0.08 |
| Long-term debt ratio | - |
| Interest coverage | 43.92 |
| Gross margin | 35.5% |
| Net margin | 22.7% |
| ROA | 42.3% |
| ROE | 45.5% |
| EBITDA margin | 37.7% |
| Days sales outstanding | 10d |
| Days payable outstanding | 1d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €65k |
| Fixed assets | 21/28 | €7k |
| Intangible fixed assets | 21 | €4k |
| Tangible fixed assets | 22/27 | €3k |
| Current assets | 29/58 | €58k |
| Amounts receivable within one year | 40/41 | €3k |
| Investments | 50/53 | €44k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €65k |
| Equity | 10/15 | €60k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €29k |
| Accumulated profits (losses) | 14 | €13k |
| Amounts payable | 17/49 | €5k |
| Amounts payable within one year | 42/48 | €5k |
| Trade debts payable within one year | 44 | €270 |
| Income statement | ||
| Turnover | 70 | €121k |
| Gross operating margin | 9900 | €46k |
| Operating result | 9901 | €41k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €40k |
| Income taxes | 67/77 | €12k |
| Net result for the period | 9904 | €27k |
| Result to be appropriated | 9905 | €27k |
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 15-05-1995 |
| Status | Active |
| Postal code | 4050 |
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. |
|---|---|---|---|---|
| 62022C0488/00P003 | Wallonia | 3,819 m² | 1 · 117 m² | 9.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-08-2026 Act object · General meeting · Notarial deed · Officer resignation
- Act object: ADMINISTRATEURS - DEMISSIONS · T.S.L.
- Publication: 2026-08-19 · T.S.L.
- Filing: 2026-08-03 · T.S.L.
- General meeting: 2026-07-17 · T.S.L.
- Notarial deed: 2026-07-17 · T.S.L.
- Officer resignation: date: 2026-07-03, role: administratrice non statutaire · INITIATEL
- Officer resignation: date: 2026-07-17, role: représentant permanent · Bernard GENDEBIEN
- Officer appointment: role: représentant permanent, start_date: 2026-07-17 · Julien LAZZARI
Technical details
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}| Legal nameFR | INITIATEL |