Financials
Financial year 2025
INNOV AD from Essen, company number BE0831523491, closed financial year 2025 with a result of € 15 million after tax. For that financial year INNOV AD recorded revenue of € 99.3 million and equity of € 74.7 million. Compared with financial year 2024, the result moved from € 20.6 million to € 15 million. The company is profitable. 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 9, 2026.
€ 74.7 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15 million
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 10.5 million
▲ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 8 million paid out
53 % of the profit went to the shareholders, mostly to InnoTek Holding (100 % of the shares). That is where the money ends up.
People and assets in 2025
62.4
▲ 7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7 million
▲ 20% vs 2024
€ 112,300 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.
€ 2.5 million
▲ € 2.4 million vs 2024
Of which on lease € 2.5 million.
Debts at end 2025
€ 52.1 million
▲ 4% vs 2024
€ 204,306 is repaid this year. At this pace the long-term loan is gone in ≈ 255 years.
€ 10 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.
€ 2.3 million
▼ 47% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 76,029,502 | € 79,850,073 | € 96,893,132 | € 99,270,197 | ▲ 2% |
| Profit after taxes | € 8,127,929 | € 8,385,473 | € 20,615,904 | € 15,011,759 | ▼ 27% |
| Equity | € 24,123,995 | € 57,047,624 | € 67,663,527 | € 74,675,287 | ▲ 10% |
| Total debts | € 19,171,405 | € 42,258,759 | € 63,917,682 | € 64,345,118 | ▲ 1% |
| Cash | € 6,474,586 | € 4,597,625 | € 6,437,912 | € 10,514,705 | ▲ 63% |
| Retained profit | € 23,994,643 | € 16,180,115 | € 26,796,019 | € 33,807,778 | ▲ 26% |
| Dividend | € 0 | € 16,200,000 | € 10,000,000 | € 8,000,000 | ▼ 20% |
| Bank debt | € 3,550,000 | € 27,120,086 | € 50,030,086 | € 52,052,537 | ▲ 4% |
| Balance sheet total | € 43,295,401 | € 99,306,383 | € 131,581,210 | € 139,020,405 | ▲ 6% |
| Employees (FTE) | 51.6 | 51.6 | 55.4 | 62.4 | ▲ 7 |
Key figures of INNOV AD, 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 INNOV AD?
What happened at INNOV AD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hubertus JANSSEN stepped down as director. NBB
- Benoit Letor stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 15 million (▼ 27% vs 2024). Source: NBB ↗
- New establishment in Essen. KBO
- Hubertus JANSSEN became a director. NBB
- Benoit Letor became a director. NBB
- New establishment in Essen. KBO
- New establishment in Essen. KBO
In short
From € 8.1 million profit in 2022 to € 15 million profit in 2025.
Paid € 9.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 20.6 million profit.
Paid out € 34.2 million 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
The stake of InnoTek Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INNOV ADThe shares are held by InnoTek Holding (100%). It owns 100% of Oligo Basics Nutrção Animal LTD, 100% of Zoosano AG and 84.6% of Herbonis AG itself.
Directors
According to the 2025 annual accounts
since 2021 · until 2027
Benoit Letor
Director
Also active at: LEADING BUSINESS AND COMMUNICATION PARTNERS, InnoTek Holding, Innovad Group I, C-VIEW, SCENTAROM
since 2021 · until 2027
Shareholders
100%
Participations
Oligo Basics Nutrção Animal LTD
100%
Zoosano AG
100%
Herbonis AG
84.6%
Establishments
Establishment units
Physical locations of this company
Postbaan 69
2910 Essen
Cogels-Osylei 33
2600 Antwerpen
Active since 15 March 2015
Rijkmakerlaan 7
2910 Essen
Active since 1 February 2018
Postbaan 69 box .
2910 Essen
Active since 1 October 2019
Rijkmakerlaan 39
2910 Essen
Active since 1 December 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
innovad-global.com
Registered
2012-10-09
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-10-09
Website info
Features
Security
Details
- Company number
- 0831.523.491
- VAT number
- BE 0831.523.491
- Registered office
- Postbaan 69, 2910 Essen
- Names & denominations
- INNOV AD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 2010
- Peppol
- Active · Active since 14 Nov 2025
- Contact
- innovad-global.com 003236700503
- Activities · NACE
Vervaardiging van veevoeders
Groothandel in veevoeders