ACTIVE

INOVYN Manufacturing Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result8,9 M €-15,8 %over 1 year
Revenue396,8 M €+3,4 %over 1 year
Equity97,2 M €+0,1 %over 1 year
Workforce657,0 ETP-2,7 %over 1 year

Identity

Source · BCE/KBO

INOVYN Manufacturing Belgium is a Public limited company incorporated in 1949. Its main activity is: Manufacture of industrial gases. Its registered office is in Jemeppe-sur-Sambre. It employs on average 657,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.147.638
Incorporation
01/01/1949
Legal form
Public limited company
Registered office
Rue Solvay 39
5190 Jemeppe-sur-Sambre · WallonieSee on map
Contributed capital
81 475 822,00 €
Latest accounts
31/12/2025
Average workforce
657,0 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 42 filings

Trend over 14 financial years

20252024202320212016
Income statement
Revenue396,8 M €383,8 M €436 M €496,3 M €587,8 M €
EBITDA58,4 M €56,9 M €56,9 M €76,2 M €140,3 M €
Operating result30 M €29,8 M €22,6 M €47,7 M €109,5 M €
Net result8,9 M €10,6 M €8,6 M €33,2 M €75 M €
Balance sheet
Equity97,2 M €97 M €97,4 M €153,4 M €205,7 M €
Total assets460,1 M €521,8 M €512,7 M €559,5 M €444,5 M €
Cash2,3 M €3,6 M €2,1 M €2,7 M €7,9 M €
Debts294,1 M €362,2 M €330,8 M €329,1 M €161,5 M €
Other
Workforce657,0 ETP675,1 ETP675,8 ETP654,7 ETP558,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2016

5 active · 18 ended

Last known composition, from the accounts closed on 31/12/2016, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Mike MAHER

Director · since 02 juillet 2015 · until 02 juillet 2021

Active
Natacha MELCHIOR

Director · since 02 juillet 2015 · until 02 juillet 2021

Active
Otto GROLIG

Director · since 02 juillet 2015 · until 02 juillet 2021

Active
Alain HANNEUSE

Managing director · since 05 mai 2011 · until 02 juin 2017

Active
Philippe TARANTI

Chairman of the board of directors · since 05 mai 2011 · until 02 juin 2017

Active

Ended mandates

Michel TCHAPIAN

Director · since 15 novembre 2010 · until 03 juin 2011

Ended
Smith WAYNE

Director · since 15 novembre 2010 · until 03 juin 2011

Ended
Vincenzo MORICI

Chairman of the board of directors · since 01 mars 2010 · until 03 juin 2011

Ended
Christiane MALCORPS

Director · since 01 février 2009 · until 03 juin 2011

Ended

Other companies at this address

Rue Solvay 39 5190 Jemeppe-sur-Sambre
CompanyCBE no.
CAISSE MEDICALE ET SOCIALE EMPLOYES CADRES SOLVAY JEMEPPE● Active
0885.779.254
FONDS D'ENTRAIDE OUVRIERS DE L'USINE DE SOLVAY JEMEPPE● Active
0863.487.565
Groupement des Employés Solvay - Solvic de l'Usine Solvay de Jemeppe● Active
0410.696.911
INEOS VINYLS BELGIUM● Active
0429.158.682
INOVYN Belgium● Active
0466.279.394
INOVYN Trade Services● Active
0548.858.563
INOVYN UNITY● Active
0724.548.131

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202618/06/202512/06/202409/06/202330/06/202209/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 42 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202609/06/2026FrenchPDF
Full model31/12/202505/06/202609/06/2026DutchPDF
Full model31/12/202406/06/202518/06/2025FrenchPDF
Full model31/12/202406/06/202518/06/2025DutchPDF
Full model31/12/202307/06/202412/06/2024FrenchPDF
Full model31/12/202307/06/202412/06/2024DutchPDF
Full model31/12/202202/06/202309/06/2023FrenchPDF
Full model31/12/202202/06/202309/06/2023DutchPDF
Full model31/12/202103/06/202230/06/2022DutchPDF
Full model31/12/202103/06/202230/06/2022FrenchPDF
Full model31/12/202004/06/202109/06/2021DutchPDF
Full model31/12/202004/06/202108/06/2021FrenchPDF
Full model31/12/201905/06/202008/07/2020FrenchPDF
Full model31/12/201905/06/202008/07/2020DutchPDF
Full model31/12/201807/06/201930/07/2019FrenchPDF
Full model31/12/201807/06/201930/07/2019DutchPDF
Full model31/12/201701/06/201814/06/2018DutchPDF
Full model31/12/201701/06/201814/06/2018FrenchPDF
Full model31/12/201602/06/201713/06/2017FrenchPDF
Full model31/12/201602/06/201713/06/2017DutchPDF
Full model31/12/201503/06/201627/06/2016DutchPDF
Full model31/12/201503/06/201627/06/2016FrenchPDF
Full model31/12/201422/07/201527/07/2015DutchPDF
Full model31/12/201422/07/201527/07/2015FrenchPDF

View all 42 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2016

5 active · 18 ended

Last known composition, from the accounts closed on 31/12/2016, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Mike MAHER

Director · since 02 juillet 2015 · until 02 juillet 2021

Active
Natacha MELCHIOR

Director · since 02 juillet 2015 · until 02 juillet 2021

Active
Otto GROLIG

Director · since 02 juillet 2015 · until 02 juillet 2021

Active
Alain HANNEUSE

Managing director · since 05 mai 2011 · until 02 juin 2017

Active
Philippe TARANTI

Chairman of the board of directors · since 05 mai 2011 · until 02 juin 2017

Active

Ended mandates

Michel TCHAPIAN

Director · since 15 novembre 2010 · until 03 juin 2011

Ended
Smith WAYNE

Director · since 15 novembre 2010 · until 03 juin 2011

Ended
Vincenzo MORICI

Chairman of the board of directors · since 01 mars 2010 · until 03 juin 2011

Ended
Christiane MALCORPS

Director · since 01 février 2009 · until 03 juin 2011

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other06/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other06/01/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates28/06/2022
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 10/02/2026
    nominationPierre Minguet — administrateur
  2. 2025
    Annual accounts 20258,9 M €↓
  3. 06/06/2025
    reconductionCorine Magnin — Commissaire
  4. 2024
    Annual accounts 202410,6 M €↑
  5. 2023
    Annual accounts 20238,6 M €↓
  6. 05/06/2023
    nominationPhilippe Taranti — Président du conseil d'administration, administrateur-délégué
  7. 02/06/2023
    reconductionPhilippe Taranti — administrateur
  8. 02/06/2023
    reconductionLuc Van Opstal — administrateur
  9. 03/06/2022
    reconductionCorine Magnin — représentante de la société de réviseurs Deloitte
  10. 2021
    Annual accounts 202133,2 M €↓
  11. 01/03/2021
    nominationDavid James (dénommé Dave) Horrocks — administrateur
  12. 31/10/2017
    nominationLuc van Opstal — administrateur
  13. 31/10/2017
    reconductionPhilippe Taranti — administrateur
  14. 2016
    Annual accounts 201675 M €↑
  15. 2015
    Annual accounts 201550,2 M €↑
  16. 2014
    Annual accounts 2014-2,2 M €↑
  17. 2014
    Name changeINOVYN Manufacturing Belgium
  18. 2013
    Annual accounts 2013-3,8 M €↓
  19. 2012
    Annual accounts 20121,4 M €↓
  20. 2011
    Annual accounts 20112 M €↓
  21. 2010
    Annual accounts 201017,2 M €↑
  22. 2009
    Annual accounts 20092,5 M €↓
  23. 2008
    Annual accounts 200822,6 M €↓
  24. 2007
    Annual accounts 200745,5 M €
  25. 2007
    Name changeSOLVIC
  26. 01/01/1949
    IncorporationPublic limited company