What does INNOVATION ENGINEERING & CONSTRUCTION do?

INNOVATION ENGINEERING & CONSTRUCTION is a plastics manufacturer in Riemst. Public Limited, started on 12 April 1989, 1 establishment.

What is the address of INNOVATION ENGINEERING & CONSTRUCTION?

The registered office of INNOVATION ENGINEERING & CONSTRUCTION is located at Boostveld 7, 3770 Riemst.

Is INNOVATION ENGINEERING & CONSTRUCTION still active?

Yes. According to the CBE (30 October 2026) INNOVATION ENGINEERING & CONSTRUCTION is active, legal situation “Normale toestand”, started on 12 April 1989.

Is INNOVATION ENGINEERING & CONSTRUCTION registered on Peppol?

Yes, INNOVATION ENGINEERING & CONSTRUCTION is registered on the Peppol network with ID 0208:0437227401.

What is the enterprise number of INNOVATION ENGINEERING & CONSTRUCTION?

The enterprise number of INNOVATION ENGINEERING & CONSTRUCTION is BE0437227401.

When was INNOVATION ENGINEERING & CONSTRUCTION founded?

INNOVATION ENGINEERING & CONSTRUCTION was founded on 12 April 1989.

Who are the directors of INNOVATION ENGINEERING & CONSTRUCTION?

According to the 2025 annual accounts, the directors of INNOVATION ENGINEERING & CONSTRUCTION are: Tom Thijsen, NIMBUS20 BV.

Is INNOVATION ENGINEERING & CONSTRUCTION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 April 1989; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did INNOVATION ENGINEERING & CONSTRUCTION make in 2025?

INNOVATION ENGINEERING & CONSTRUCTION posted a profit after taxes of € 80,384 in financial year 2025.

What is the revenue of INNOVATION ENGINEERING & CONSTRUCTION?

As a small company, INNOVATION ENGINEERING & CONSTRUCTION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 925,714.

How much does an employee at INNOVATION ENGINEERING & CONSTRUCTION earn?

The average wage cost per full-time employee at INNOVATION ENGINEERING & CONSTRUCTION was € 67,000 in 2025: staff costs of € 749,940 for 11.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does INNOVATION ENGINEERING & CONSTRUCTION have?

According to the 2025 annual accounts, INNOVATION ENGINEERING & CONSTRUCTION has 11.2 full-time equivalents (FTE).

Does INNOVATION ENGINEERING & CONSTRUCTION have a website?

Yes, INNOVATION ENGINEERING & CONSTRUCTION has a website at iec.be.

INNOVATION ENGINEERING & CONSTRUCTION (Public Limited)

Dossier INNOVATION ENGINEERING & CONSTRUCTION, printed on 30 October 2026 from databakkes.be/en/0437227401/innovation-engineering-construction. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

INNOVATION ENGINEERING & CONSTRUCTION from Riemst, company number BE0437227401, closed financial year 2025 with a result of € 80,384 after tax. For that financial year INNOVATION ENGINEERING & CONSTRUCTION recorded a gross margin of € 925,714 and equity of € 812,998. Compared with financial year 2024, the result moved from € 145,898 to € 80,384. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Healthy

€ 812,998

▼ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 80,384

▼ 45% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 463,570

▲ 7% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

11.2

▲ 1.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 749,940

▲ 11% vs 2024

€ 67,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 77,459

▲ 15% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 184,786

▼ 38% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 189,330

▲ 15% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 976,532 Gross margin 2022: € 976,532 First fiscal year in the series	€ 1,119,142 Gross margin 2023: € 1,119,142 ▲ 15% vs 2022 (€ 976,532) Favourable step	€ 925,639 Gross margin 2024: € 925,639 ▼ 17% vs 2023 (€ 1,119,142) Unfavourable step	€ 925,714 Gross margin 2025: € 925,714 Unchanged (€ 925,639) Favourable step
Profit after taxes	€ 272,132 Profit after taxes 2022: € 272,132 First fiscal year in the series	€ 341,075 Profit after taxes 2023: € 341,075 ▲ 25% vs 2022 (€ 272,132) Favourable step	€ 145,898 Profit after taxes 2024: € 145,898 ▼ 57% vs 2023 (€ 341,075) Unfavourable step	€ 80,384 Profit after taxes 2025: € 80,384 ▼ 45% vs 2024 (€ 145,898) Unfavourable step	▼ 45%
Equity	€ 675,641 Equity 2022: € 675,641 First fiscal year in the series	€ 866,716 Equity 2023: € 866,716 ▲ 28% vs 2022 (€ 675,641) Favourable step	€ 832,614 Equity 2024: € 832,614 ▼ 4% vs 2023 (€ 866,716) Unfavourable step	€ 812,998 Equity 2025: € 812,998 ▼ 2% vs 2024 (€ 832,614) Unfavourable step	▼ 2%
Total debts	€ 470,596 Total debts 2022: € 470,596 First fiscal year in the series	€ 414,840 Total debts 2023: € 414,840 ▼ 12% vs 2022 (€ 470,596) Favourable step	€ 572,834 Total debts 2024: € 572,834 ▲ 38% vs 2023 (€ 414,840) Unfavourable step	€ 585,253 Total debts 2025: € 585,253 ▲ 2% vs 2024 (€ 572,834) Unfavourable step	▲ 2%
Cash	€ 377,276 Cash 2022: € 377,276 First fiscal year in the series	€ 480,840 Cash 2023: € 480,840 ▲ 27% vs 2022 (€ 377,276) Favourable step	€ 433,052 Cash 2024: € 433,052 ▼ 10% vs 2023 (€ 480,840) Unfavourable step	€ 463,570 Cash 2025: € 463,570 ▲ 7% vs 2024 (€ 433,052) Favourable step	▲ 7%
Land & buildings	€ 30,531 Land & buildings 2022: € 30,531 First fiscal year in the series	€ 31,113 Land & buildings 2023: € 31,113 ▲ 2% vs 2022 (€ 30,531) Unchanged	€ 37,659 Land & buildings 2024: € 37,659 ▲ 21% vs 2023 (€ 31,113) Unchanged	€ 74,597 Land & buildings 2025: € 74,597 ▲ 98% vs 2024 (€ 37,659) Unchanged	▲ 98%
Retained profit	€ 605,641 Retained profit 2022: € 605,641 First fiscal year in the series	€ 796,716 Retained profit 2023: € 796,716 ▲ 32% vs 2022 (€ 605,641) Favourable step	€ 762,614 Retained profit 2024: € 762,614 ▼ 4% vs 2023 (€ 796,716) Unfavourable step	€ 742,998 Retained profit 2025: € 742,998 ▼ 3% vs 2024 (€ 762,614) Unfavourable step	▼ 3%
Dividend	€ 300,000 Dividend 2022: € 300,000 First fiscal year in the series	€ 150,000 Dividend 2023: € 150,000 ▼ 50% vs 2022 (€ 300,000) Unchanged	€ 180,000 Dividend 2024: € 180,000 ▲ 20% vs 2023 (€ 150,000) Unchanged	€ 100,000 Dividend 2025: € 100,000 ▼ 44% vs 2024 (€ 180,000) Unchanged	▼ 44%
Balance sheet total	€ 1,146,236 Balance sheet total 2022: € 1,146,236 First fiscal year in the series	€ 1,281,556 Balance sheet total 2023: € 1,281,556 ▲ 12% vs 2022 (€ 1,146,236) Unchanged	€ 1,405,448 Balance sheet total 2024: € 1,405,448 ▲ 10% vs 2023 (€ 1,281,556) Unchanged	€ 1,398,252 Balance sheet total 2025: € 1,398,252 ▼ 1% vs 2024 (€ 1,405,448) Unchanged	▼ 1%
Employees (FTE)	9 Employees (FTE) 2022: 9 First fiscal year in the series	9.7 Employees (FTE) 2023: 9.7 ▲ 0.7 vs 2022 (9) Unchanged	10 Employees (FTE) 2024: 10 ▲ 0.3 vs 2023 (9.7) Unchanged	11.2 Employees (FTE) 2025: 11.2 ▲ 1.2 vs 2024 (10) Unchanged	▲ 1.2

Key figures of INNOVATION ENGINEERING & CONSTRUCTION, 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 INNOVATION ENGINEERING & CONSTRUCTION?

What happened at INNOVATION ENGINEERING & CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 28, 2026 New annual accounts for financial year 2025: profit of € 80,384 (▼ 45% vs 2024). filed late Source: NBB ↗
2024 NIMBUS20 BV became a director. NBB
2017 Tom Thijsen became a director. NBB
Apr 25, 1989 New establishment in Riemst. KBO
Apr 12, 1989 Start of the company according to the CBE. KBO

In short

From € 272,132 profit in 2022 to € 80,384 profit in 2025.

Paid € 303,176 in corporate taxes since 2022.

Best year ever: 2023, with € 341,075 profit.

On average € 82,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

NIMBUS20 70%

ICE Consulting 10%

The stake of NIMBUS20, ICE Consulting comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

INNOVATION ENGINEERING & CONSTRUCTION

Behind INNOVATION ENGINEERING & CONSTRUCTION are Tom Thijsen and NIMBUS20 BV. The shares are held by NIMBUS20 (70%) and ICE Consulting (10%).

Directors

According to the 2025 annual accounts

Tom Thijsen

Director

Also active at: ICE Consulting

since 2017

NIMBUS20 BV

Associate · represented by Johanna Coolen

since 2024

Shareholders

NIMBUS20

70%

ICE Consulting

10%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Boostveld 7

3770 Riemst

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTP iec.be

Technologies

JoomlaNginxPHPjQuery

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Nee

Languages NL

Features

Jobs Contact page

Security

✗ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0437.227.401

VAT number

BE 0437.227.401

Registered office

Boostveld 7, 3770 Riemst

Names & denominations

INNOVATION ENGINEERING & CONSTRUCTION · I.E.C.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 April 1989

Peppol

Active · Active since 24 Nov 2025

Contact

iec.be

Activities · NACE

Vervaardiging van platen, vellen, buizen en profielen van kunststof

Koudtrekken

Koudtrekken van staven

View on CBE Public ↗ Annual accounts (NBB) ↗