Comparable companies
- Belgian Glass StylingLeuven
- EEDE INVESTLeuven
- ACE JTC ELECTRONICSRiemst
- APPLIED MATERIALS BELGIUMLeuven
- B & A ENGINEERINGSint-Truiden
Innovabel
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Innovabel has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€26,460) and a net result of -€17,318. Its solvency ranks better than 7% of 250 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
KBO- Status
- Active since 02-01-2024 Normal situation
- Legal form
- Private limited company
- Registered office
- Vaartstraat 70, 3000 Leuven
- Activity
- Manufacture of computer, electronic and optical products NACE 26110and 5 others
- Establishment unit
- 2.367.799.593 3000 Leuven, since 02-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Gross margin
- -€15,896
- ▼ 81.7%
- Loss
- €17,318
- ▲ 89.4%
- Equity
- -€26,460
- ▼ 189%
- Total assets
- €9,622
- ▲ 1,865×
Turnover not published (micro format)2025 accounts 35 days early
Filed on 26-06-2026at the National Bank
Why 53raises riskCapped at 59: negative equityNegative equity -€26,460lowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Size: total assets €9,622Liquidity: current ratio 0.28, cash €9,622Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 15% of its sector peers (NACE 26, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -275.0% of total assets
Liquidity
50=
short-term debt 357.2% · cash 100.0%
Profitability
0=
return on assets -180.0%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 0.5%
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.6%▲ +0.1 percentage points vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025highest value
09-2025: 0.4%▼ -0.2 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.1 percentage points vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.3%▼ -0.2 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.28, below 1; short-term debt: 357.2% and cash: 100% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 26, micro): better than 7% on solvency, 38% on liquidity, 10% on profitability and 4% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€26,460
raises risk · Young company
Founded in 2024, 2 years 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 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
35 days early
2024
21 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 7 days before the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 26-06-2026
- Annual accounts 2024filed on 21-08-2025
Acts in the Belgian Official Gazette
- Incorporationact of 04-01-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 1004.114.405
Key facts about Innovabel
- What is the company number of Innovabel?
- 1004.114.405. In Belgium the VAT number is the company number with BE in front: BE 1004.114.405.
- Where is Innovabel based?
- The registered office is at Vaartstraat 70, 3000 Leuven.Company details
- What does Innovabel do?
- According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26110).
- What is the legal form of Innovabel?
- Private limited company (BV).
- When was Innovabel founded?
- On 02-01-2024.
- Is Innovabel still active?
- Yes, Innovabel is an active enterprise in the KBO register.
- What is the turnover of Innovabel?
- The annual accounts for financial year 2025 state no turnover: the micro format does not require it.Financials
- Is Innovabel profitable?
- In financial year 2025, Innovabel made a loss of €17,318.
- Where can I find the annual accounts of Innovabel?
- Innovabel filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of Innovabel due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to Innovabel
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.