Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
INNOVEST from Tielt, company number BE0442062553, closed financial year 2025 with a result of € -669,169 after tax. For that financial year INNOVEST recorded a gross margin of € -264,929 and equity of € 15 million. Compared with financial year 2024, the result moved from € -890,727 to € -669,169. The company made a loss. 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 30, 2026.
€ 15 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -669,169
▲ 25 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 14.7 million.
People and assets in 2025
€ 3,279
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.5 million
▼ 4% vs 2024
€ 210,000 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 20,469
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,911
▲ 9% vs 2024
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 | € -169,066 | € -139,543 | € -201,766 | € -264,929 | ▼ € 63,163 |
| Profit after taxes | € -442,939 | € -111,237 | € -890,727 | € -669,169 | ▲ € 221,558 |
| Equity | € 16,623,066 | € 16,514,896 | € 15,624,168 | € 14,954,999 | ▼ 4% |
| Total debts | € 5,243,277 | € 4,924,002 | € 4,718,029 | € 4,514,880 | ▼ 4% |
| Cash | € 2,156,031 | € 615,162 | € 1,620,361 | € 1,143,890 | ▼ 29% |
| Land & buildings | € 8,763,102 | € 8,317,963 | € 8,013,058 | € 7,750,920 | ▼ 3% |
| Retained profit | € 16,348,066 | € 16,239,896 | € 15,349,168 | € 14,679,999 | ▼ 4% |
| Bank debt | € 5,102,500 | € 4,892,500 | € 4,682,500 | € 4,472,500 | ▼ 4% |
| Balance sheet total | € 21,971,687 | € 21,538,109 | € 20,438,343 | € 19,562,958 | ▼ 4% |
Key figures of INNOVEST, 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 INNOVEST?
What happened at INNOVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 669,169. filed late Source: NBB ↗
- New establishment in Deinze. KBO
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 442,939 loss in 2022 to € 669,169 loss in 2025.
Paid € 132,562 in corporate taxes since 2022.
Establishments
Establishment units
Physical locations of this company
Pittemstraat 98
8760 Tielt
Zeverenkerkstraat 21
9800 Deinze
Active since 14 December 1990
Kongoplein 4 box 205
9800 Deinze
Active since 8 June 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.062.553
- VAT number
- BE 0442.062.553
- Registered office
- Pittemstraat 98, 8760 Tielt
- Names & denominations
- INNOVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 1990
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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