ACTIVE

Stretch Innovation

Financial year 2024 · closed on 31/12/2024
Net result
401,4 k €
+229.9% YoY
Gross margin
1,3 M €
+192.1% YoY
Equity
986,4 k €
+68.6% YoY
Workforce
9,5 ETP
+21.8% YoY

What does Stretch Innovation do?

Stretch Innovation is a Private limited company incorporated in 2022. Its main activity is: Computer consultancy activities. It employs on average 9,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0781.582.943
Incorporation
03/02/2022
Legal form
Private limited company
Contributed capital
182 231,30 €
Latest accounts
31/12/2024
Average workforce
9,5 ETP
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202420232022
Income statement
Gross margin1,3 M €440,1 k €31,7 k €
EBITDA676,6 k €237,8 k €31,7 k €
Operating result577,4 k €184,3 k €31,5 k €
Net result401,4 k €121,7 k €24,6 k €
Balance sheet
Equity986,4 k €585 k €26,1 k €
Total assets2,3 M €1,6 M €70,1 k €
Cash549,3 k €267,3 k €48,4 k €
Debts1,3 M €996 k €20 k €
Other
Workforce9,5 ETP7,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 3 ended

Active mandates

Deltamade

Director · since 08 décembre 2023 · 1003.110.751

Represented by Stijn VAN DAELE

Active
VNP

Director · since 08 décembre 2023 · 0771.316.878

Represented by Jeroen DE BROYER

Active

Ended mandates

Stijn Van Daele

Director · since 03 février 2022

Ended
Deltamade

Director · 1003.110.751

Represented by Stijn VAN DAELE

Ended
VNP

Director · 0771.316.878

Represented by Jeroen DE BROYER

Ended
Annual accounts

Full financial information

202420232022
Type of accountAbridged modelAbridged modelMicro model
Start of the financial year01/01/202401/01/202303/02/2022
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months11 months
Filing date29/08/202530/08/202431/08/2023
General meeting30/06/202513/08/202412/06/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202529/08/2025DutchPDF
Abridged model31/12/202313/08/202430/08/2024DutchPDF
Micro model31/12/202212/06/202331/08/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024 · 2 active · 3 ended

Active mandates

Deltamade

Director · since 08 décembre 2023 · 1003.110.751

Represented by Stijn VAN DAELE

Active
VNP

Director · since 08 décembre 2023 · 0771.316.878

Represented by Jeroen DE BROYER

Active

Ended mandates

Stijn Van Daele

Director · since 03 février 2022

Ended
Deltamade

Director · 1003.110.751

Represented by Stijn VAN DAELE

Ended
VNP

Director · 0771.316.878

Represented by Jeroen DE BROYER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other22/09/2026
    PDF
  • Capital / shares07/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Restructuring20/03/2024
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring06/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other07/02/2022
    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. 2024
    Annual accounts 2024401,4 k €
  2. 2023
    Annual accounts 2023121,7 k €
  3. 2023
    Name changeStretch innovation
  4. 2022
    Annual accounts 202224,6 k €
  5. 03/02/2022
    IncorporationPrivate limited company
  6. 2022
    Name changeDeltamate