Active · per the CBE, 17 September 2026

Innovation Group Belgium

BE0832554166

Rechtspersoon Private limited company 1 establishment

Innovation Group Belgium is registered with the CBE as active in: Administratieve en ondersteunende activiteiten ten behoeve van kantoren. Private Limited, started on 27 December 2010, 1 establishment.

Plumerlaan 113, 8900 Ieper

Behind the company: Geert Verhaeghe.

Active for

15 year, 8 months

Financials

Financial year 2025

Innovation Group Belgium from Ieper, company number BE0832554166, closed financial year 2025 with a result of € 319,665 after tax. For that financial year Innovation Group Belgium recorded revenue of € 1.7 million and equity of € 589,031. Compared with financial year 2024, the result moved from € 232,511 to € 319,665. 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 January 8, 2026.

What it is worth Growing

€ 589,031

▲ 119% vs 2024

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

Profit Growing

€ 319,665

▲ 37% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 243,933

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 439,031.

People and assets in 2025

Full-time equivalents

11.8

▼ 0.1 vs 2024

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

Wage cost

€ 572,533

▲ 4% vs 2024

€ 48,500 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

€ 2,023

▲ 99% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 24,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 242,693

▼ 66% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.

Taxes and wages

€ 72,610

▲ 6% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue - - - € 1,730,517
Gross margin € 264,224 € 403,904 € 802,731 -
Profit after taxes € 20,893 € 20,563 € 232,511 € 319,665 ▲ 37%
Equity € 198,092 € 218,655 € 269,366 € 589,031 ▲ 119%
Total debts € 620,847 € 453,792 € 1,207,766 € 505,427 ▼ 58%
Cash € 160,355 € 262,380 € 244,559 € 243,933
Retained profit € -1,671,108 € -1,650,545 € 119,366 € 439,031 ▲ 268%
Dividend € 0 € 0 € 115,000 € 0 ▼ 100%
Bank debt € 0 € 777 € 24,059 € 24,000
Balance sheet total € 818,939 € 672,447 € 1,477,132 € 1,094,458 ▼ 26%
Employees (FTE) 5 7.7 11.9 11.8 ▼ 0.1

Key figures of Innovation Group Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to Innovation Group Belgium?

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

  • New annual accounts for financial year 2025: profit of € 319,665 (▲ 37% vs 2024). Source: NBB ↗
  • Geert Verhaeghe became a director. NBB
  • New establishment in Ieper. KBO
  • Start of the company according to the CBE. KBO

In short

From € 20,893 profit in 2022 to € 319,665 profit in 2025.

Paid € 3,131 in corporate taxes since 2022.

Best year ever: 2025, with € 319,665 profit.

On average € 67,500 of value added per employee in 2024.

Management

Geert Verhaeghe

Behind Innovation Group Belgium is Geert Verhaeghe. Geert Verhaeghe is also behind Innovation Assistance, BROKERCLOUD, TELEDESK CLAIMMANAGEMENT, Innovation Group Control and WATSON GRAY - ARA.

See the full network in the app

Directors

According to the 2025 annual accounts

Establishments

Establishment units

Physical locations of this company

Registered office

Plumerlaan 113

8900 Ieper

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

Details

Company number
0832.554.166
VAT number
BE 0832.554.166
Registered office
Plumerlaan 113, 8900 Ieper
Names & denominations
Innovation Group Belgium
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
27 December 2010
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Administratieve en ondersteunende activiteiten ten behoeve van kantoren

Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen

Diverse administratieve activiteiten ten behoeve van kantoren

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Diverse ondersteunende activiteiten ten behoeve van voorzieningen

Ondersteunende activiteiten in verband met verzekeringen en pensioenfondsen, neg

Activiteiten van risicoanalisten en schadetaxateurs

Overige zakelijke dienstverlening, neg

+1

Frequently asked questions

What does Innovation Group Belgium do?
Innovation Group Belgium is registered with the CBE as active in: Administratieve en ondersteunende activiteiten ten behoeve van kantoren. Private Limited, started on 27 December 2010, 1 establishment.
What is the address of Innovation Group Belgium?
The registered office of Innovation Group Belgium is located at Plumerlaan 113, 8900 Ieper.
Is Innovation Group Belgium still active?
Yes. According to the CBE (17 September 2026) Innovation Group Belgium is active, legal situation “Normale toestand”, started on 27 December 2010.
Is Innovation Group Belgium registered on Peppol?
Yes, Innovation Group Belgium is registered on the Peppol network with ID 0208:0832554166.
What is the enterprise number of Innovation Group Belgium?
The enterprise number of Innovation Group Belgium is BE0832554166.
When was Innovation Group Belgium founded?
Innovation Group Belgium was founded on 27 December 2010.