Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Init5 from Riemst, company number BE0747737663, closed financial year 2025 with a result of € 104,628 after tax. For that financial year Init5 recorded a gross margin of € 152,605 and equity of € 2,000. Compared with financial year 2024, the result moved from € 145,237 to € 104,628. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 27, 2026.
€ 2,000
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 104,628
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 70,939
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 104,628 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 47,487
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 153
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,135
▲ 183% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,948 | € -11,260 | € 183,302 | € 152,605 | ▼ 17% |
| Profit after taxes | € -4,701 | € -12,227 | € 145,237 | € 104,628 | ▼ 28% |
| Equity | € 15,024 | € 2,000 | € 2,000 | € 2,000 | |
| Total debts | € 7,504 | € 22,418 | € 155,098 | € 130,915 | ▼ 16% |
| Cash | € 21,722 | € 10,629 | € 141,171 | € 70,939 | ▼ 50% |
| Retained profit | € 13,024 | € 0 | € 0 | € 0 | |
| Dividend | € 800 | € 796 | € 145,237 | € 104,628 | ▼ 28% |
| Balance sheet total | € 22,528 | € 24,418 | € 157,098 | € 132,915 | ▼ 15% |
Key figures of Init5, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Init5?
What happened at Init5 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 104,628 (▼ 28% vs 2024). Source: NBB ↗
- New establishment in Riemst. KBO
- Davy Neven became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,701 loss in 2022 to € 104,628 profit in 2025.
Paid € 74,412 in corporate taxes since 2022.
Best year ever: 2024, with € 145,237 profit.
Paid out € 251,461 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Davy Neven
Managing director
since 2020
Establishments
Establishment units
Physical locations of this company
Visésteenweg 28A
3770 Riemst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0747.737.663
- VAT number
- BE 0747.737.663
- Registered office
- Visésteenweg 28A, 3770 Riemst
- Names & denominations
- Init5
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 2020
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren