Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Busy address KBO
80 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
INNOVATIE CONSTRUCTION COMPANY from Mont-Saint-Guibert, company number BE0421735610, closed financial year 2025 with a result of € -526,392 after tax. For that financial year INNOVATIE CONSTRUCTION COMPANY recorded a gross margin of € -42,122 and equity of € -43,547. Compared with financial year 2024, the result moved from € 41,023 to € -526,392. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.
€ -43,547
▼ € 526,392 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -526,392
▼ still € 41,023 profit in 2024
Profit after tax over the fiscal year.
€ 152,451
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -349,873.
Debts at end 2025
€ 14.5 million
▲ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 9,145
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 478
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -204,458 | € -238,949 | € 5,187 | € -42,122 | ▼ € 47,309 |
| Profit after taxes | € -157,837 | € -562,866 | € 41,023 | € -526,392 | ▼ € 567,415 |
| Equity | € 1,004,688 | € 441,822 | € 482,845 | € -43,547 | ▼ € 526,392 |
| Total debts | € 14,479,357 | € 14,393,997 | € 14,259,592 | € 14,865,403 | ▲ 4% |
| Cash | € 1,177,177 | € 529,564 | € 298,918 | € 152,451 | ▼ 49% |
| Retained profit | € 698,363 | € 135,497 | € 176,520 | € -349,873 | ▼ € 526,392 |
| Bank debt | € 13,731,629 | € 14,095,681 | € 13,956,261 | € 14,456,261 | ▲ 4% |
| Balance sheet total | € 15,829,410 | € 15,183,060 | € 15,091,552 | € 15,114,721 |
Key figures of INNOVATIE CONSTRUCTION COMPANY, 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 INNOVATIE CONSTRUCTION COMPANY?
What happened at INNOVATIE CONSTRUCTION COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Kavvadias stepped down as director. NBB
- Gérard Philippson stepped down as director. NBB
- Henri Fischgrund stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 526,392 (▼ € 567,415 vs 2024). filed late Source: NBB ↗
- Paul Kavvadias became a director. NBB
- Gérard Philippson became a director. NBB
- Henri Fischgrund became a director. NBB
- New establishment in Mont-Saint-Guibert. KBO
In short
From € 157,837 loss in 2022 to € 526,392 loss in 2025.
Paid € 102,258 in corporate taxes since 2022.
Best year ever: 2024, with € 41,023 profit.
Management
Directors
According to the 2025 annual accounts
Paul Kavvadias
Director
since 2019 · until 2030
Gérard Philippson
Director
Also active at: CROWN BUILDING, JAMESINVEST, LIVINGSTONE II, SLA Belgium No.1, Oeverloos, INDUSTRIAL DEVELOPMENT COMPANY, BRUSSELS SOUTH LOGISTICS, APER TB BRUGES +2 more
since 2017 · until 2030
Henri Fischgrund
Managing director
since 2017 · until 2030
Establishments
Establishment units
Physical locations of this company
Rue du Fond Cattelain 2 box 1.1
1435 Mont-Saint-Guibert
Rue du Fond Cattelain 2 box 101
1435 Mont-Saint-Guibert
Active since 19 July 1981
Rue Emile Francqui 9
1435 Mont-Saint-Guibert
Active since 20 April 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 80 companies are registered at this address.
All companies at this address →Novoffice Global IT
€ -1,994 gross margin · 2025
Diffusion Brabant
TACT
€ 1,041 gross margin · 2024
TRADEWARE
€ 751,690 revenue · 2025
SANDAYO
€ 941 gross margin · 2024
+75 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.735.610
- VAT number
- BE 0421.735.610
- Registered office
- Rue du Fond Cattelain 2 bus 1.1, 1435 Mont-Saint-Guibert
- Names & denominations
- INNOVATIE CONSTRUCTION COMPANY · I.C.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 1981
- Peppol
- Active · Active since 2 Jul 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Optrekken van andere residentiële gebouwen en van kantoorgebouwen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis