INOVEX is a metalworking company in Houffalize. Public Limited, started on 5 May 2017, 1 establishment.

What is the address of INOVEX?

The registered office of INOVEX is located at Rue de la Grève 1 box G, 6666 Houffalize.

Is INOVEX still active?

Yes. According to the CBE (30 October 2026) INOVEX is active, legal situation “Normale toestand”, started on 5 May 2017.

Is INOVEX registered on Peppol?

Yes, INOVEX is registered on the Peppol network with ID 0208:0675465834.

What is the enterprise number of INOVEX?

The enterprise number of INOVEX is BE0675465834.

When was INOVEX founded?

INOVEX was founded on 5 May 2017.

Who are the directors of INOVEX?

According to the 2025 annual accounts, the directors of INOVEX are: MELANIE ANTOINE, Bernard NICOLET.

Is INOVEX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 May 2017; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did INOVEX make in 2025?

INOVEX posted a profit after taxes of € 347,937 in financial year 2025.

What is the revenue of INOVEX?

As a small company, INOVEX is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,078,817.

How much does an employee at INOVEX earn?

The average wage cost per full-time employee at INOVEX was € 67,700 in 2025: staff costs of € 1.3 million for 19.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does INOVEX have?

According to the 2025 annual accounts, INOVEX has 19.1 full-time equivalents (FTE).

INOVEX (Public Limited) - Houffalize - BE0675465834

Dossier INOVEX, printed on 30 October 2026 from databakkes.be/en/0675465834/inovex. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

INOVEX from Houffalize, company number BE0675465834, closed financial year 2025 with a result of € 347,937 after tax. For that financial year INOVEX recorded a gross margin of € 2.1 million and equity of € 875,981. Compared with financial year 2024, the result moved from € 130,284 to € 347,937. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.

What it is worth Growing

€ 875,981

▲ 66% vs 2024

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

Profit Growing

€ 347,937

▲ 167% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 379,625

▼ 14% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 812,981.

People and assets in 2025

Full-time equivalents

19.1

▼ 0.7 vs 2024

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

Wage cost

€ 1.3 million

▲ 2% vs 2024

€ 67,700 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.

Vehicles and equipment

€ 70,388

▲ 276% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 492,709

▲ 19% vs 2024

€ 96,651 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 1.2 million

▼ 6% vs 2024

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

Taxes and wages

€ 536,788

▲ € 412,164 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	€ 1,294,829 Gross margin 2022: € 1,294,829 First fiscal year in the series	€ 1,545,712 Gross margin 2023: € 1,545,712 ▲ 19% vs 2022 (€ 1,294,829) Favourable step	€ 1,741,700 Gross margin 2024: € 1,741,700 ▲ 13% vs 2023 (€ 1,545,712) Favourable step	€ 2,078,817 Gross margin 2025: € 2,078,817 ▲ 19% vs 2024 (€ 1,741,700) Favourable step	▲ 19%
Profit after taxes	€ 179,980 Profit after taxes 2022: € 179,980 First fiscal year in the series	€ 148,446 Profit after taxes 2023: € 148,446 ▼ 18% vs 2022 (€ 179,980) Unfavourable step	€ 130,284 Profit after taxes 2024: € 130,284 ▼ 12% vs 2023 (€ 148,446) Unfavourable step	€ 347,937 Profit after taxes 2025: € 347,937 ▲ 167% vs 2024 (€ 130,284) Favourable step	▲ 167%
Equity	€ 249,313 Equity 2022: € 249,313 First fiscal year in the series	€ 397,759 Equity 2023: € 397,759 ▲ 60% vs 2022 (€ 249,313) Favourable step	€ 528,043 Equity 2024: € 528,043 ▲ 33% vs 2023 (€ 397,759) Favourable step	€ 875,981 Equity 2025: € 875,981 ▲ 66% vs 2024 (€ 528,043) Favourable step	▲ 66%
Total debts	€ 2,695,041 Total debts 2022: € 2,695,041 First fiscal year in the series	€ 3,059,134 Total debts 2023: € 3,059,134 ▲ 14% vs 2022 (€ 2,695,041) Unfavourable step	€ 4,081,204 Total debts 2024: € 4,081,204 ▲ 33% vs 2023 (€ 3,059,134) Unfavourable step	€ 5,280,026 Total debts 2025: € 5,280,026 ▲ 29% vs 2024 (€ 4,081,204) Unfavourable step	▲ 29%
Cash	€ 226,444 Cash 2022: € 226,444 First fiscal year in the series	€ 446,452 Cash 2023: € 446,452 ▲ 97% vs 2022 (€ 226,444) Favourable step	€ 438,998 Cash 2024: € 438,998 ▼ 2% vs 2023 (€ 446,452) Unfavourable step	€ 379,625 Cash 2025: € 379,625 ▼ 14% vs 2024 (€ 438,998) Unfavourable step	▼ 14%
Retained profit	€ 186,313 Retained profit 2022: € 186,313 First fiscal year in the series	€ 334,759 Retained profit 2023: € 334,759 ▲ 80% vs 2022 (€ 186,313) Favourable step	€ 465,043 Retained profit 2024: € 465,043 ▲ 39% vs 2023 (€ 334,759) Favourable step	€ 812,981 Retained profit 2025: € 812,981 ▲ 75% vs 2024 (€ 465,043) Favourable step	▲ 75%
Dividend	€ 328,824 Dividend 2022: € 328,824 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 328,824) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 182,256 Bank debt 2022: € 182,256 First fiscal year in the series	€ 434,686 Bank debt 2023: € 434,686 ▲ 139% vs 2022 (€ 182,256) Unfavourable step	€ 413,164 Bank debt 2024: € 413,164 ▼ 5% vs 2023 (€ 434,686) Favourable step	€ 492,709 Bank debt 2025: € 492,709 ▲ 19% vs 2024 (€ 413,164) Unfavourable step	▲ 19%
Balance sheet total	€ 2,944,354 Balance sheet total 2022: € 2,944,354 First fiscal year in the series	€ 3,456,893 Balance sheet total 2023: € 3,456,893 ▲ 17% vs 2022 (€ 2,944,354) Unchanged	€ 4,609,247 Balance sheet total 2024: € 4,609,247 ▲ 33% vs 2023 (€ 3,456,893) Unchanged	€ 6,156,007 Balance sheet total 2025: € 6,156,007 ▲ 34% vs 2024 (€ 4,609,247) Unchanged	▲ 34%
Employees (FTE)	17.6 Employees (FTE) 2022: 17.6 First fiscal year in the series	19.7 Employees (FTE) 2023: 19.7 ▲ 2.1 vs 2022 (17.6) Unchanged	19.8 Employees (FTE) 2024: 19.8 ▲ 0.1 vs 2023 (19.7) Unchanged	19.1 Employees (FTE) 2025: 19.1 ▼ 0.7 vs 2024 (19.8) Unchanged	▼ 0.7

Key figures of INOVEX, 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 INOVEX?

What happened at INOVEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 10, 2026 New annual accounts for financial year 2025: profit of € 347,937 (▲ 167% vs 2024). filed late Source: NBB ↗
May 5, 2017 New establishment in Herve. KBO
May 5, 2017 Start of the company according to the CBE. KBO

In short

From € 179,980 profit in 2022 to € 347,937 profit in 2025.

Paid € 375,443 in corporate taxes since 2022.

Best year ever: 2025, with € 347,937 profit.

On average € 108,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

MELANIE ANTOINE Bernard NICOLET

IMMOVEX

MABELA IMMO

INOVEX

Behind INOVEX are MELANIE ANTOINE and Bernard NICOLET. The same people are also behind IMMOVEX and MABELA IMMO.

Directors

According to the 2025 annual accounts

MELANIE ANTOINE

Director

Also active at: IMMOVEX, MABELA IMMO

Bernard NICOLET

Director

Also active at: IMMOVEX, MABELA IMMO

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Grève 1 box G

6666 Houffalize

2.264.936.142

Cour Lemaire 32 box B

4651 Herve

Active since 5 May 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

MABELA IMMO same network

€ -2,355 gross margin · 2025

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

Details

Company number

0675.465.834

VAT number

BE 0675.465.834

Registered office

Rue de la Grève 1 bus G, 6666 Houffalize

Names & denominations

INOVEX

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

5 May 2017

Peppol

Active · Active since 10 Dec 2025

Activities · NACE

Vervaardiging van radiatoren, stoomketels en ketels voor centrale verwarming

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Vervaardiging van stoomketels, exclusief warmwaterketels voor centrale verwarming

Bouw van civieltechnische werken voor vloeistoffen, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

INOVEX

Warning lights

Financials

What happened to INOVEX?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions