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
InOpSys from Mechelen, company number BE0630861670, closed financial year 2025 with a result of € -2 million after tax. For that financial year InOpSys recorded a gross margin of € 1.7 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € -1.9 million to € -2 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 3.1 million
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2 million
▼ 5 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,171
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2025
20
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
€ 78,700 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.
€ 243,752
▼ 11% vs 2024
Of which on lease € 121,438.
Debts at end 2025
€ 6.9 million
▲ 139% vs 2024
€ 516,077 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 704,772
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 256,893
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 959,072 | € 1,517,418 | € 1,697,454 | € 1,726,818 | ▲ 2% |
| Profit after taxes | € -1,849,030 | € -1,818,734 | € -1,872,009 | € -1,973,706 | ▼ € 101,697 |
| Equity | € 2,846,678 | € 934,669 | € 5,160,612 | € 3,136,377 | ▼ 39% |
| Total debts | € 7,874,761 | € 7,786,698 | € 4,174,809 | € 7,853,128 | ▲ 88% |
| Cash | € 2,896,474 | € 560,448 | € 72,442 | € 1,171 | ▼ 98% |
| Retained profit | € -7,385,048 | € -9,203,782 | € -11,075,791 | € -2,049,498 | ▲ € 9 million |
| Bank debt | € 6,846,035 | € 6,460,653 | € 2,865,318 | € 6,861,384 | ▲ 139% |
| Balance sheet total | € 10,721,438 | € 8,721,367 | € 9,335,421 | € 10,989,504 | ▲ 18% |
| Employees (FTE) | 15.4 | 17.3 | 18.4 | 20 | ▲ 1.6 |
Key figures of InOpSys, 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 InOpSys?
What happened at InOpSys in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sven De Neef stepped down as director. NBB
- Stefan Kühnbach stepped down as director. NBB
- Paul De Bruycker stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2 million. Source: NBB ↗
- Sven De Neef became a director. NBB
- Stefan Kühnbach became a director. NBB
- Paul De Bruycker became a director. NBB
- New establishment in Balen. KBO
In short
From € 1.8 million loss in 2022 to € 2 million loss in 2025.
On average € 86,300 of value added per employee in 2025.
Management
The stake of Indaver Holding, Participatiemaatschappij Vlaanderen, INNOVATION FUND, Stellar Impact, GEMMA FRISIUS-FONDS KU LEUVEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
InOpSysThe shares are held by Indaver Holding (100%), Participatiemaatschappij Vlaanderen (26.6%), INNOVATION FUND (21.5%), Stellar Impact (13%) and GEMMA FRISIUS-FONDS KU LEUVEN (12.6%). It owns 100% of InOpSys GMBH itself.
Directors
According to the 2025 annual accounts
Sven De Neef
Director
since 2024 · until 2030
Stefan Kühnbach
Director
since 2024 · until 2030
Paul De Bruycker
Director
Also active at: INDAVER, DRANCO, ORKA, Slib-en Co - Verwerkings Centrale, E-Wood Energiecentrale, Indaver Plastics2Chemicals, FOSTER SPV, Indaver Kosovo +2 more
since 2024 · until 2030
Shareholders
100%
21.5%
13%
Participations
InOpSys GMBH
100%
Establishments
Establishment units
Physical locations of this company
Maanstraat 9 box B
2800 Mechelen
Olieweg 95
2020 Antwerpen
Active since 1 May 2021
Japanse-Kerselarenlaan 1
2490 Balen
Active since 1 April 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
inopsys.be
Registered
2013-11-12
Website info
Features
Security
Details
- Company number
- 0630.861.670
- VAT number
- BE 0630.861.670
- Registered office
- Maanstraat 9 bus B, 2800 Mechelen
- Names & denominations
- InOpSys
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2015
- Peppol
- Active · Active since 17 Jul 2026
- Contact
- inopsys.be [email protected] 0468124094
- Activities · NACE
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