Financials
Financial year 2025
InnovArts from Hasselt, company number BE0824627880, closed financial year 2025 with a result of € 422,395 after tax. For that financial year InnovArts recorded a gross margin of € 232,630 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 313,422 to € 422,395. 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 September 30, 2025.
€ 2.1 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 422,395
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 29,835
▼ 19% 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 € 2.1 million.
People and assets in 2025
€ 134,312
▲ 108% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 95,888
€ 31,963 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,552
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,638
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 199,894 | € 114,447 | € 171,643 | € 232,630 | ▲ 36% |
| Profit after taxes | € 355,043 | € 248,240 | € 313,422 | € 422,395 | ▲ 35% |
| Equity | € 1,108,039 | € 1,354,679 | € 1,666,401 | € 2,088,796 | ▲ 25% |
| Total debts | € 301,709 | € 270,676 | € 183,773 | € 345,757 | ▲ 88% |
| Cash | € 224,476 | € 57,749 | € 37,039 | € 29,835 | ▼ 19% |
| Land & buildings | € 130,097 | € 130,097 | € 130,097 | € 130,097 | |
| Retained profit | € 1,089,439 | € 1,336,079 | € 1,647,801 | € 2,070,196 | ▲ 26% |
| Dividend | € 0 | € 1,600 | € 1,700 | € 0 | ▼ 100% |
| Bank debt | € 40,863 | € 16,412 | € 0 | € 95,888 | |
| Balance sheet total | € 1,409,748 | € 1,625,355 | € 1,850,173 | € 2,434,553 | ▲ 32% |
| Employees (FTE) | 1 | 1 | 1 | - |
Key figures of InnovArts, 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 October 2026.
What happened to InnovArts?
What happened at InnovArts in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 422,395 (▲ 35% vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 355,043 profit in 2022 to € 422,395 profit in 2025.
Paid € 136,549 in corporate taxes since 2022.
Best year ever: 2025, with € 422,395 profit.
On average € 171,600 of value added per employee in 2024.
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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 InnovArts are Christian DESMET and Evelyne HALSBERGHE. It owns 10.8% of Jupiter Property Belgie, 10.8% of Heytec and 10.8% of Jupiter Vastgoed Belgium itself.
Directors
According to the 2025 annual accounts
Christian DESMET
Director
Also active at: Koninklijke Belgische Vereniging voor Koude en Luchtbehandeling, Jupiter Vastgoed België, HEYTEC, Jupiter Property België
Evelyne HALSBERGHE
Director
Establishments
Establishment units
Physical locations of this company
Berkenlaan 28
3500 Hasselt
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0824.627.880
- VAT number
- BE 0824.627.880
- Registered office
- Berkenlaan 28, 3500 Hasselt
- Names & denominations
- InnovArts
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2010
- Peppol
- Active · Active since 1 Jul 2025
- Activities · NACE
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