What does INNOVAR do?

INNOVAR is a farm in Wuustwezel. Private Limited, started on 11 June 2018, 1 establishment.

What is the address of INNOVAR?

The registered office of INNOVAR is located at Meerseweg 23, 2990 Wuustwezel.

Is INNOVAR still active?

Yes. According to the CBE (16 September 2026) INNOVAR is active, legal situation “Normale toestand”, started on 11 June 2018.

Is INNOVAR registered on Peppol?

Yes, INNOVAR is registered on the Peppol network with ID 0208:0697811466.

What is the enterprise number of INNOVAR?

The enterprise number of INNOVAR is BE0697811466.

When was INNOVAR founded?

INNOVAR was founded on 11 June 2018.

Who are the directors of INNOVAR?

According to the 2025 annual accounts, the directors of INNOVAR are: Koen Schrauwen.

Is INNOVAR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 June 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did INNOVAR make in 2025?

INNOVAR posted a profit after taxes of € 600,066 in financial year 2025.

What is the revenue of INNOVAR?

As a small company, INNOVAR is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,043,037.

How many employees does INNOVAR have?

According to the 2025 annual accounts, INNOVAR has 0 full-time equivalents (FTE).

INNOVAR (Private Limited) - Wuustwezel - BE0697811466

Dossier INNOVAR, printed on 16 September 2026 from databakkes.be/en/0697811466/innovar. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

INNOVAR from Wuustwezel, company number BE0697811466, closed financial year 2025 with a result of € 600,066 after tax. For that financial year INNOVAR recorded a gross margin of € 1 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 744,813 to € 600,066. The company is profitable. The buffer shrank hard: equity is 53 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.

What it is worth Shrank hard

€ 1.1 million

▼ 53% vs 2024

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

Profit Healthy

€ 600,066

▼ 19% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.4 million

▼ 26% vs 2024

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

Where the profit goes Pays out

€ 1.8 million paid out

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

People and assets in 2025

Full-time equivalents

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

Debts at end 2025

Bank debt ≈ 11 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.

€ 2.5 million

▼ 10% vs 2024

€ 219,115 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 346,363

▼ 43% vs 2024

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

Taxes

€ 26,638

▲ € 26,620 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -439,021 Gross margin 2022: € -439,021 First fiscal year in the series	€ 1,406,057 Gross margin 2023: € 1,406,057 ▲ € 1.8 million vs 2022 (€ -439,021) Favourable step	€ 1,246,694 Gross margin 2024: € 1,246,694 ▼ 11% vs 2023 (€ 1,406,057) Unfavourable step	€ 1,043,037 Gross margin 2025: € 1,043,037 ▼ 16% vs 2024 (€ 1,246,694) Unfavourable step	▼ 16%
Profit after taxes	€ -704,001 Profit after taxes 2022: € -704,001 First fiscal year in the series	€ 1,042,954 Profit after taxes 2023: € 1,042,954 ▲ € 1.7 million vs 2022 (€ -704,001) Favourable step	€ 744,813 Profit after taxes 2024: € 744,813 ▼ 29% vs 2023 (€ 1,042,954) Unfavourable step	€ 600,066 Profit after taxes 2025: € 600,066 ▼ 19% vs 2024 (€ 744,813) Unfavourable step	▼ 19%
Equity	€ 537,548 Equity 2022: € 537,548 First fiscal year in the series	€ 1,580,502 Equity 2023: € 1,580,502 ▲ 194% vs 2022 (€ 537,548) Favourable step	€ 2,325,315 Equity 2024: € 2,325,315 ▲ 47% vs 2023 (€ 1,580,502) Favourable step	€ 1,090,380 Equity 2025: € 1,090,380 ▼ 53% vs 2024 (€ 2,325,315) Unfavourable step	▼ 53%
Total debts	€ 4,042,158 Total debts 2022: € 4,042,158 First fiscal year in the series	€ 3,897,351 Total debts 2023: € 3,897,351 ▼ 4% vs 2022 (€ 4,042,158) Favourable step	€ 3,409,794 Total debts 2024: € 3,409,794 ▼ 13% vs 2023 (€ 3,897,351) Favourable step	€ 4,175,746 Total debts 2025: € 4,175,746 ▲ 22% vs 2024 (€ 3,409,794) Unfavourable step	▲ 22%
Cash	€ 491,565 Cash 2022: € 491,565 First fiscal year in the series	€ 1,498,841 Cash 2023: € 1,498,841 ▲ 205% vs 2022 (€ 491,565) Favourable step	€ 1,860,421 Cash 2024: € 1,860,421 ▲ 24% vs 2023 (€ 1,498,841) Favourable step	€ 1,377,789 Cash 2025: € 1,377,789 ▼ 26% vs 2024 (€ 1,860,421) Unfavourable step	▼ 26%
Land & buildings	€ 2,894,975 Land & buildings 2022: € 2,894,975 First fiscal year in the series	€ 2,766,008 Land & buildings 2023: € 2,766,008 ▼ 4% vs 2022 (€ 2,894,975) Unchanged	€ 2,630,551 Land & buildings 2024: € 2,630,551 ▼ 5% vs 2023 (€ 2,766,008) Unchanged	€ 2,495,094 Land & buildings 2025: € 2,495,094 ▼ 5% vs 2024 (€ 2,630,551) Unchanged	▼ 5%
Retained profit	€ 287,548 Retained profit 2022: € 287,548 First fiscal year in the series	€ 1,330,502 Retained profit 2023: € 1,330,502 ▲ € 1 million vs 2022 (€ 287,548) Favourable step	€ 2,075,315 Retained profit 2024: € 2,075,315 ▲ 56% vs 2023 (€ 1,330,502) Favourable step	€ 840,380 Retained profit 2025: € 840,380 ▼ 60% vs 2024 (€ 2,075,315) Unfavourable step	▼ 60%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 1,835,000 Dividend 2025: € 1,835,000 Unchanged (€ 0) Unchanged
Bank debt	€ 3,355,170 Bank debt 2022: € 3,355,170 First fiscal year in the series	€ 3,086,055 Bank debt 2023: € 3,086,055 ▼ 8% vs 2022 (€ 3,355,170) Favourable step	€ 2,766,940 Bank debt 2024: € 2,766,940 ▼ 10% vs 2023 (€ 3,086,055) Favourable step	€ 2,497,825 Bank debt 2025: € 2,497,825 ▼ 10% vs 2024 (€ 2,766,940) Favourable step	▼ 10%
Balance sheet total	€ 4,579,706 Balance sheet total 2022: € 4,579,706 First fiscal year in the series	€ 5,477,853 Balance sheet total 2023: € 5,477,853 ▲ 20% vs 2022 (€ 4,579,706) Unchanged	€ 5,735,109 Balance sheet total 2024: € 5,735,109 ▲ 5% vs 2023 (€ 5,477,853) Unchanged	€ 5,266,127 Balance sheet total 2025: € 5,266,127 ▼ 8% vs 2024 (€ 5,735,109) Unchanged	▼ 8%

Key figures of INNOVAR, 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 INNOVAR?

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

Jul 7, 2026 New annual accounts for financial year 2025: profit of € 600,066 (▼ 19% vs 2024). Source: NBB ↗
Jun 11, 2018 New establishment in Wuustwezel. KBO
Jun 11, 2018 Start of the company according to the CBE. KBO
2018 Koen Schrauwen became a director. NBB

In short

From € 704,001 loss in 2022 to € 600,066 profit in 2025.

Paid € 530,588 in corporate taxes since 2022.

Best year ever: 2023, with € 1 million profit.

Paid out € 1.8 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at INNOVAR? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Koen Schrauwen

INNOVAR

DE KLUYS

Behind INNOVAR is Koen Schrauwen. Koen Schrauwen is also behind DE KLUYS.

See the full network in the app

Directors

According to the 2025 annual accounts

Koen Schrauwen

Director

Also active at: DE KLUYS

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Meerseweg 23

2990 Wuustwezel

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

Details

Company number: 0697.811.466
VAT number: BE 0697.811.466
Registered office: Meerseweg 23, 2990 Wuustwezel
Names & denominations: INNOVAR
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 11 June 2018
Peppol: Active · Active since 15 Jul 2025
Activities · NACE: Varkensvetmesterijen

View on CBE Public ↗ Annual accounts (NBB) ↗