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.
€ 589,031
▲ 119% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 319,665
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 243,933
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 439,031.
People and assets in 2025
11.8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 2,023
▲ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,000
Loans from banks and other lenders, long and short.
€ 242,693
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.
€ 72,610
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 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.
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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 Innovation Group Belgium is Geert Verhaeghe. Geert Verhaeghe is also behind Innovation Assistance, BROKERCLOUD, TELEDESK CLAIMMANAGEMENT, Innovation Group Control and WATSON GRAY - ARA.
Directors
According to the 2025 annual accounts
Geert Verhaeghe
Director
Also active at: Innovation Assistance, BROKERCLOUD, TELEDESK CLAIMMANAGEMENT, Innovation Group Control, WATSON GRAY - ARA, Teledesk Group
since 2020
Establishments
Establishment units
Physical locations of this company
Plumerlaan 113
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →CREATIVITY
€ 90,886 gross margin · 2025
TDG Mindset
€ 28,448 gross margin · 2025
Teledesk Vat Group
TELEDESK CLAIMMANAGEMENT same network
€ 2 million gross margin · 2025
Innovation Group Control same network
€ 655,411 revenue · 2025
+4 more
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