ACTIVE

Init5

Financial year 2025 · closed on 31/12/2025
Net result
104,6 k €
-28.0% YoY
Gross margin
152,6 k €
-16.7% YoY
Equity
2,0 k €
0.0% YoY

What does Init5 do?

Init5 is a Private limited company incorporated in 2020. Its main activity is: Office administrative and support activities. Its registered office is in Riemst.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0747.737.663
Incorporation
29/05/2020
Legal form
Private limited company
Registered office
Visésteenweg 28A
3770 Riemst · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin152,6 k €183,3 k €-11,3 k €-3,9 k €25,6 k €
EBITDA151,9 k €182,9 k €-11,6 k €-3,9 k €25,4 k €
Operating result141,3 k €182,9 k €-12,1 k €-4,5 k €24,7 k €
Net result104,6 k €145,2 k €-12,2 k €-4,7 k €19,3 k €
Balance sheet
Equity2,0 k €2,0 k €2,0 k €15,0 k €20,5 k €
Total assets132,9 k €157,1 k €24,4 k €22,5 k €27,4 k €
Cash70,9 k €141,2 k €10,6 k €21,7 k €26,2 k €
Debts130,9 k €155,1 k €22,4 k €7,5 k €6,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Davy Neven

Managing director · since 29 mai 2020

Active

Ended mandates

Davy Neven

Director · since 29 mai 2020

Ended
Davy Neven

Director · since 28 mai 2020

Ended
Annual accounts

Full financial information

20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202229/05/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months20 months
Filing date27/02/202607/06/202501/07/202410/07/202330/05/2022
General meeting27/02/202630/05/202528/06/202426/05/202327/05/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202527/02/202627/02/2026DutchPDF
Micro model31/12/202430/05/202507/06/2025DutchPDF
Micro model31/12/202328/06/202401/07/2024DutchPDF
Micro model31/12/202226/05/202310/07/2023DutchPDF
Micro model31/12/202127/05/202230/05/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Davy Neven

Managing director · since 29 mai 2020

Active

Ended mandates

Davy Neven

Director · since 29 mai 2020

Ended
Davy Neven

Director · since 28 mai 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office29/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other03/06/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025104,6 k €
  2. 2024
    Annual accounts 2024145,2 k €
  3. 2023
    Annual accounts 2023-12,2 k €
  4. 2022
    Annual accounts 2022-4,7 k €
  5. 2021
    Annual accounts 202119,3 k €
  6. 29/05/2020
    IncorporationPrivate limited company