Active · per the CBE, 29 October 2026

ILiAD Biotechnologies

BE0741579648

Rechtspersoon Private limited company 1 establishment

ILiAD Biotechnologies is a research organisation in Gent. Private Limited, started on 15 January 2020, 1 establishment.

Technologiepark-Zwijnaarde 94, 9052 Gent [email protected]

Behind the company: Thalen Biotech Consultancy BV, Rubin Keith.

Active for

6 year, 9 months

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.

  • Tight liquidity NBB

    Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ILiAD Biotechnologies from Gent, company number BE0741579648, closed financial year 2025 with a result of € -76,960 after tax. For that financial year ILiAD Biotechnologies recorded a gross margin of € 1.4 million and equity of € 25,626. Compared with financial year 2024, the result moved from € -189,421 to € -76,960. The company made a loss. The buffer shrank hard: equity is 75 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Shrank hard

€ 25,626

▼ 75% vs 2024

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

Loss Caution

€ -76,960

▲ 59 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 56,305

▼ 62% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -567,119.

People and assets in 2025

Full-time equivalents

14.4

▲ 2 vs 2024

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

Wage cost

€ 1.3 million

▲ 27% vs 2024

€ 90,000 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

€ 26,666

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 459,832

▼ 24% vs 2024

€ 146,736 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 437,847

▼ 43% vs 2024

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

Wages and social charges

€ 141,542

▲ 22% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 581,990 € 872,138 € 1,038,461 € 1,426,230 ▲ 37%
Profit after taxes € -8,226 € -10,618 € -189,421 € -76,960 ▲ € 112,461
Equity € 302,624 € 292,007 € 102,586 € 25,626 ▼ 75%
Total debts € 874,607 € 1,434,201 € 1,502,960 € 1,039,222 ▼ 31%
Cash € 441,124 € 607,633 € 150,079 € 56,305 ▼ 62%
Retained profit € -290,121 € -300,739 € -490,160 € -567,119 ▼ € 76,960
Bank debt € 449,872 € 729,143 € 607,281 € 459,832 ▼ 24%
Balance sheet total € 1,177,232 € 1,726,208 € 1,605,546 € 1,064,848 ▼ 34%
Employees (FTE) 6.9 10.4 12.4 14.4 ▲ 2

Key figures of ILiAD Biotechnologies, 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 ILiAD Biotechnologies?

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

  • New annual accounts for financial year 2025: loss of € 76,960. filed late Source: NBB ↗
  • David Hinkel stepped down as director. NBB
  • David Hinkel became a director. NBB
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 8,226 loss in 2022 to € 76,960 loss in 2025.

On average € 99,000 of value added per employee in 2025.

Management

ILiAD Biotechnologies

Behind ILiAD Biotechnologies are Thalen Biotech Consultancy BV and Rubin Keith.

Directors

According to the 2025 annual accounts

Thalen Biotech Consultancy BV

Director · represented by Marcel Thalen

Rubin Keith

Director

David Hinkel

Director

since 2025 · until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Technologiepark-Zwijnaarde 94

9052 Gent

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

Details

Company number
0741.579.648
VAT number
BE 0741.579.648
Registered office
Technologiepark-Zwijnaarde 94, 9052 Gent
Names & denominations
ILiAD Biotechnologies
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
15 January 2020
Peppol
Active · Active since 21 Jan 2026
Activities · NACE

Speur- en ontwikkelingswerk op biotechnologisch gebied

Vervaardiging van farmaceutische grondstoffen

Frequently asked questions

What does ILiAD Biotechnologies do?
ILiAD Biotechnologies is a research organisation in Gent. Private Limited, started on 15 January 2020, 1 establishment.
What is the address of ILiAD Biotechnologies?
The registered office of ILiAD Biotechnologies is located at Technologiepark-Zwijnaarde 94, 9052 Gent.
Is ILiAD Biotechnologies still active?
Yes. According to the CBE (29 October 2026) ILiAD Biotechnologies is active, legal situation “Normale toestand”, started on 15 January 2020.
Is ILiAD Biotechnologies registered on Peppol?
Yes, ILiAD Biotechnologies is registered on the Peppol network with ID 0208:0741579648.
What is the enterprise number of ILiAD Biotechnologies?
The enterprise number of ILiAD Biotechnologies is BE0741579648.
When was ILiAD Biotechnologies founded?
ILiAD Biotechnologies was founded on 15 January 2020.