Financials
Financial year 2025
Inovar from Brugge, company number BE0773844125, closed financial year 2025 with a result of € 28,171 after tax. For that financial year Inovar recorded a gross margin of € 176,050 and equity of € 67,688. Compared with financial year 2024, the result moved from € 9,449 to € 28,171. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 67,688
▲ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,171
▲ 198% vs 2024
Profit after tax over the fiscal year.
€ 90,128
▲ 207% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 66,188.
People and assets in 2025
€ 124,105
▲ 78% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 33,992
▲ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 22,172
▲ 277% vs 2024
€ 6,799 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 49,055
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 373
▼ 90% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 69,279 | € 27,339 | € 91,375 | € 176,050 | ▲ 93% |
| Profit after taxes | € 45,988 | € 10,409 | € 9,449 | € 28,171 | ▲ 198% |
| Equity | € 54,659 | € 45,068 | € 39,517 | € 67,688 | ▲ 71% |
| Total debts | € 60,460 | € 70,985 | € 81,998 | € 80,341 | ▼ 2% |
| Cash | € 75,725 | € 58,672 | € 29,372 | € 90,128 | ▲ 207% |
| Retained profit | € 53,159 | € 43,568 | € 38,017 | € 66,188 | ▲ 74% |
| Dividend | € 0 | € 20,000 | € 15,000 | € 0 | ▼ 100% |
| Bank debt | € 21,665 | € 15,884 | € 5,882 | € 22,172 | ▲ 277% |
| Balance sheet total | € 115,119 | € 116,053 | € 121,515 | € 148,029 | ▲ 22% |
Key figures of Inovar, 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 Inovar?
What happened at Inovar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,171 (▲ 198% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,988 profit in 2022 to € 28,171 profit in 2025.
Paid € 31,839 in corporate taxes since 2022.
Best year ever: 2022, with € 45,988 profit.
Paid out € 35,000 in dividends to the owners in total.
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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
Behind Inovar are Renovar AB CommV and Soete Construct BV.
Directors
According to the 2025 annual accounts
Director · represented by Adriaan Broes
Director · represented by Thomas Soete
Establishments
Establishment units
Physical locations of this company
Lodderhoek 69
8000 Brugge
Blankenbergse Steenweg 265
8000 Brugge
Active since 14 September 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0773.844.125
- VAT number
- BE 0773.844.125
- Registered office
- Lodderhoek 69, 8000 Brugge
- Names & denominations
- Inovar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2021
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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