Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
47 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
INNOVATION FUND from Schaarbeek, company number BE0598764469, closed financial year 2025 with a result of € -2.6 million after tax. For that financial year INNOVATION FUND recorded a gross margin of € -252,843 and equity of € 20.7 million. Compared with financial year 2024, the result moved from € -7.4 million to € -2.6 million. 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 July 27, 2026.
€ 20.7 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.6 million
▲ 65 % less loss than in 2024
Profit after tax over the fiscal year.
€ 607,026
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14.4 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 25,246
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -532,212 | € -452,450 | € -308,306 | € -252,843 | ▲ € 55,464 |
| Profit after taxes | € -2,272,997 | € -4,627,391 | € -7,409,175 | € -2,620,578 | ▲ € 4.8 million |
| Equity | € 35,319,537 | € 30,692,145 | € 23,282,970 | € 20,662,392 | ▼ 11% |
| Total debts | € 6,923 | € 32,835 | € 35,495 | € 29,069 | ▼ 18% |
| Cash | € 605,327 | € 797,407 | € 2,513,659 | € 607,026 | ▼ 76% |
| Retained profit | € 249,537 | € -4,377,855 | € -11,787,030 | € -14,407,608 | ▼ € 2.6 million |
| Balance sheet total | € 35,326,459 | € 30,724,980 | € 23,318,465 | € 20,691,461 | ▼ 11% |
Key figures of INNOVATION FUND, 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 FUND?
What happened at INNOVATION FUND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SOFIPOLE SA stepped down as director. NBB
- Recticel SA stepped down as director. NBB
- Arkema France SA stepped down as director. NBB
- Christeyns SA stepped down as director. NBB
- Participatie Maatschappij Vlaanderen SA stepped down as director. NBB
- Ilse Sienart stepped down as director. NBB
- Finance & Invest.brussels SA stepped down as director. NBB
- ING Belgique SA stepped down as director. NBB
In short
From € 2.3 million loss in 2022 to € 2.6 million loss in 2025.
Paid € 0 in corporate taxes since 2022.
A new publication or filing at INNOVATION FUND? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of SYENSQO, finance&invest.brussels, IMBC SPINNOVA, BELGISCHE FEDERATIE VAN DE CHEMISCHE INDUSTRIE EN VAN LIFE SCIENCES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INNOVATION FUNDThe shares are held by S.F.P.I Sa (13.8%), DIARKIS S.A (11.9%), SYENSQO (9.8%), finance&invest.brussels (7.2%), IMBC SPINNOVA (6.9%) and BELGISCHE FEDERATIE VAN DE CHEMISCHE INDUSTRIE EN VAN LIFE SCIENCES. It owns 31.4% of Allerinvest, 27.2% of Livedrop, 21.1% of Graftys (faillite), 19.2% of Pur Ver, 17% of Zeopore Technologies and 15.8% of SECOYA Technologies itself.
Directors
According to the 2025 annual accounts
Director · represented by Olivier Bouchat
since 2021 · until 2027
since 2023 · until 2027
Arkema France SA
Director · represented by Denis Bortzmeyer
since 2021 · until 2027
Director · represented by Alain Bostoen
Also active at: Chemical Products, R. Borghgraef, CHRISTEYNS ENGINEERING, CHRISTEYNS PROFESSIONAL HYGIENE, Hydro Global Solution, PERITUS BRANDS
since 2021 · until 2027
Participatie Maatschappij Vlaanderen SA
Director · represented by Christophe Behiels
Also active at: VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK, Arts Gebroeders immobilière, BEDRIJVENCENTRUM VILVOORDE, BIOTECH FONDS VLAANDEREN, MAISON DE LA RADIO FLAGEY, HERTECANT FLANGES, Site-Ontwikkeling Vlaanderen, SUSTAINABLE ENERGY VENTURES +136 more
since 2023 · until 2027
since 2021 · until 2027
Director · represented by Pierre Hermant
Also active at: BRUXELLES INFRASTRUCTURE FINANCE - BRUSSEL INFRASTUCTUUR FINANCIERING, BRUSERVICES, S.F.A.R., MAISON DE LA RADIO FLAGEY, BE ANGELS, THEODORUS III, SEEDER FUND, SCALE I +14 more
since 2021 · until 2027
Director · represented by Jos Behiels
Owns 0.2% via finance&invest.brussels
Also active at: United Brands Association, FPIM International - SFPI Internationaal - SFPIM International, Uitwisselingscentrum en verrekening, BEDRIJVENCENTRUM REGIO AALST, BEDRIJVENCENTRUM - VLAAMSE ARDENNEN, BEDRIJVENCENTRUM DE PUNT, ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS, FINANCIERE DU SUD - EST +26 more
since 2021 · until 2027
Hutchinson SA
Director · represented by Alexis Ponnouradjou
since 2021 · until 2027
since 2021 · until 2027
Director · represented by An Van den broecke
Also active at: Vlaamse Interuniversitaire Raad, Primoris Holding, PASSIEFHUIS - PLATFORM, Primoris Belgium, MEDVIA, BIO BASE EUROPE PILOT PLANT, Vlaamse Erfgoedbibliotheken, Lokaal Gezondheidsoverleg Gezond+ +5 more
since 2021 · until 2027
Director · represented by Stijn Verbert
Also active at: Catalisti, BASF BELGIUM COORDINATION CENTER, REGIONAAL TECHNOLOGISCH CENTRUM ANTWERPEN
since 2024 · until 2027
Director · represented by Yves Verschueren
Also active at: AKT For Wallonia, FOST PLUS, aptaskil, BlueChem, EU BIOTECH CAMPUS, Catalisti
since 2021 · until 2027
Director · represented by Fabian Marcq
Also active at: FRANKI, Iso - Calor, DARDENNE, DAO, Bureau d'Etudes Pierre Berger, SOGECOM, NOSHAQ IMMO, GABRIEL +59 more
since 2021 · until 2027
Director · represented by Patrick Deruyttere
since 2021 · until 2027
Jean Marie Solvay
Director
since 2021 · until 2027
Director · represented by Matthieu De Posch
Also active at: Aviapartner Belgium, Société Anonyme Belge de Constructions Aéronautiques, Société Nationale de Construction Aérospatiale, COMETSAMBRE, ASCO INDUSTRIES, ZEPHYR - FIN, Sabena Aerospace Engineering, reMYND +57 more
since 2021 · until 2027
Total Petrochemicals & Refining SA
Director · represented by Olivier Greiner
Also active at: CONSEIL EUROPEEN DE L'INDUSTRIE CHIMIQUE - EUROPEAN CHEMICAL INDUSTRY COUNCIL
since 2024 · until 2027
Sambrinvest Spin Off/Spin Out SA
Director · represented by Helena Pozios
Also active at: BE ANGELS, Brussels South Charleroi BioPark Dev, 50°NORTH VENTURES, THEODORUS III, EMAsphere, AQUILON PHARMACEUTICALS, APIQUIET, BigCaptain +25 more
since 2021 · until 2027
Luc Reginster
Director
since 2021 · until 2027
François Cornelis
Chairman of the board
Also active at: ROYAL AUTOMOBILE CLUB DE BELGIQUE - KONINKLIJKE AUTOMOBIEL CLUB VAN BELGIE, FONDATION POUR ENFANTS DISPARUS ET SEXUELEMENT EXPLOITES, MONTICELLO, Rubbergreen Industrie
since 2021 · until 2027
Director · represented by Jurgen Vandervelden
Also active at: Soudal, SAPAC PACKAGING & RECYCLING
since 2021 · until 2027
Christian Barrot
Director
since 2023 · until 2027
Director · represented by Joost Wille
since 2021 · until 2027
Director · represented by Alexis Brouhns
Also active at: CONSEIL EUROPEEN DE L'INDUSTRIE CHIMIQUE - EUROPEAN CHEMICAL INDUSTRY COUNCIL, INTERNATIONAL COUNCIL OF CHEMICAL ASSOCIATIONS
since 2021 · until 2027
Director · represented by Serge Demoulin
Also active at: MULTITEL, IONICS, EURO-MULTITEL, ESIX SURFACE TECHNOLOGIES, ANTOPOLIS, Vives Inter-University Fund, Rubbergreen Industrie, GATE2
since 2021 · until 2027
Shareholders
Participations
31.4%
27.2%
21.1%
19.2%
15.8%
14.8%
14.1%
Norimat
13.9%
13.4%
12.7%
12.3%
12.1%
Terakalis
11.7%
SATURNE TECHNOLOGY
10.8%
10.7%
8%
Establishments
Establishment units
Physical locations of this company
Auguste Reyerslaan 70
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 47 companies are registered at this address.
All companies at this address →Openbaar Centrum voor Maatschappelijk Welzijn van Schaarbeek
Belgische federatie van de chemische industrie en van life sciences same network
€ 3.8 million revenue · 2025
Industrie van Vernissen, Stopverven, Drukinkten en Verven voor de Schone Kunst
€ 81,567 gross margin · 2024
FEDERATION INTERNATIONALE Du LAIT
€ 710,637 gross margin · 2025
BIOPLUS-PROBOIS
+42 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
- 0598.764.469
- VAT number
- BE 0598.764.469
- Registered office
- Auguste Reyerslaan 70, 1030 Schaarbeek
- Names & denominations
- INNOVATION FUND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 2015
- Peppol
- Not registered