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

Activities (NACE)

20110Manufacture of industrial gases· main 20110Manufacture of industrial gases 20160Manufacture of plastics in primary forms 20160Manufacture of plastics in primary forms 24160Manufacture of basic iron and steel and of ferro-alloys 20160Manufacture of plastics in primary forms+1

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 42 filings

Trend over 14 financial years

	2025		2024		2023		2021		2016
Income statement
Revenue	396,8 M €	+3.4%	383,8 M €	-12.0%	436 M €	-12.2%	496,3 M €	-15.6%	587,8 M €
EBITDA	58,4 M €	+2.7%	56,9 M €	-0.0%	56,9 M €	-25.3%	76,2 M €	-45.7%	140,3 M €
Operating result	30 M €	+0.8%	29,8 M €	+31.7%	22,6 M €	-52.7%	47,7 M €	-56.4%	109,5 M €
Net result	8,9 M €	-15.8%	10,6 M €	+22.8%	8,6 M €	-74.1%	33,2 M €	-55.8%	75 M €
Balance sheet
Equity	97,2 M €	+0.1%	97 M €	-0.4%	97,4 M €	-36.5%	153,4 M €	-25.4%	205,7 M €
Total assets	460,1 M €	-11.8%	521,8 M €	+1.8%	512,7 M €	-8.4%	559,5 M €	+25.9%	444,5 M €
Cash	2,3 M €	-36.6%	3,6 M €	+69.8%	2,1 M €	-21.7%	2,7 M €	-66.1%	7,9 M €
Debts	294,1 M €	-18.8%	362,2 M €	+9.5%	330,8 M €	+0.5%	329,1 M €	+104%	161,5 M €
Other
Workforce	657,0 ETP	-2.7%	675,1 ETP	-0.1%	675,8 ETP	+3.2%	654,7 ETP	+17.3%	558,3 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 · 11 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

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Mike MAHER	Director02/07/2015 → 02/07/2021
Natacha MELCHIOR	Director02/07/2015 → 02/07/2021
Otto GROLIG	Director02/07/2015 → 02/07/2021
Alain HANNEUSE	Managing director05/05/2011 → 02/06/2017
Philippe TARANTI	Chairman of the board of directors05/05/2011 → 02/06/2017

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Michel TCHAPIAN	Director15/11/2010 → 03/06/2011
Smith WAYNE	Director15/11/2010 → 03/06/2011
Vincenzo MORICI	Chairman of the board of directors01/03/2010 → 03/06/2011
Christiane MALCORPS	Director01/02/2009 → 03/06/2011

Other companies at this address

Rue Solvay 39 5190 Jemeppe-sur-Sambre

Company	CBE 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

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/06/2026	18/06/2025	12/06/2024	09/06/2023	30/06/2022	09/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 42 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	05/06/2026	09/06/2026	French	PDF
Full model	31/12/2025	05/06/2026	09/06/2026	Dutch	PDF
Full model	31/12/2024	06/06/2025	18/06/2025	French	PDF
Full model	31/12/2024	06/06/2025	18/06/2025	Dutch	PDF
Full model	31/12/2023	07/06/2024	12/06/2024	French	PDF
Full model	31/12/2023	07/06/2024	12/06/2024	Dutch	PDF
Full model	31/12/2022	02/06/2023	09/06/2023	French	PDF
Full model	31/12/2022	02/06/2023	09/06/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	30/06/2022	Dutch	PDF
Full model	31/12/2021	03/06/2022	30/06/2022	French	PDF
Full model	31/12/2020	04/06/2021	09/06/2021	Dutch	PDF
Full model	31/12/2020	04/06/2021	08/06/2021	French	PDF
Full model	31/12/2019	05/06/2020	08/07/2020	French	PDF
Full model	31/12/2019	05/06/2020	08/07/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	30/07/2019	French	PDF
Full model	31/12/2018	07/06/2019	30/07/2019	Dutch	PDF
Full model	31/12/2017	01/06/2018	14/06/2018	Dutch	PDF
Full model	31/12/2017	01/06/2018	14/06/2018	French	PDF
Full model	31/12/2016	02/06/2017	13/06/2017	French	PDF
Full model	31/12/2016	02/06/2017	13/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	27/06/2016	Dutch	PDF
Full model	31/12/2015	03/06/2016	27/06/2016	French	PDF
Full model	31/12/2014	22/07/2015	27/07/2015	Dutch	PDF
Full model	31/12/2014	22/07/2015	27/07/2015	French	PDF
Full modelCorrection	31/12/2013	06/06/2014	08/07/2014	Dutch	PDF
Full modelCorrection	31/12/2013	06/06/2014	08/07/2014	French	PDF
Full model	31/12/2013	06/06/2014	11/06/2014	Dutch	PDF
Full model	31/12/2013	06/06/2014	11/06/2014	French	PDF
Full model	31/12/2012	07/06/2013	24/07/2013	French	PDF
Full model	31/12/2012	07/06/2013	24/07/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	27/06/2012	French	PDF
Full model	31/12/2011	01/06/2012	27/06/2012	Dutch	PDF
Full model	31/12/2010	06/06/2011	04/07/2011	Dutch	PDF
Full model	31/12/2010	06/06/2011	04/07/2011	French	PDF
Full model	31/12/2009	04/06/2010	02/07/2010	French	PDF
Full model	31/12/2009	04/06/2010	02/07/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	22/06/2009	Dutch	PDF
Full model	31/12/2008	05/06/2009	22/06/2009	French	PDF
Full model	31/12/2007	06/06/2008	17/07/2008	Dutch	PDF
Full model	31/12/2007	06/06/2008	17/07/2008	French	PDF
Full model	31/12/2006	01/06/2007	13/06/2007	French	PDF
Full model	31/12/2006	01/06/2007	13/06/2007	Dutch	PDF

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 · 11 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

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Mike MAHER	Director02/07/2015 → 02/07/2021
Natacha MELCHIOR	Director02/07/2015 → 02/07/2021
Otto GROLIG	Director02/07/2015 → 02/07/2021
Alain HANNEUSE	Managing director05/05/2011 → 02/06/2017
Philippe TARANTI	Chairman of the board of directors05/05/2011 → 02/06/2017

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Michel TCHAPIAN	Director15/11/2010 → 03/06/2011
Smith WAYNE	Director15/11/2010 → 03/06/2011
Vincenzo MORICI	Chairman of the board of directors01/03/2010 → 03/06/2011
Christiane MALCORPS	Director01/02/2009 → 03/06/2011

Ownership and network

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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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1949

Name

Registered office

Annual accounts

Filings14 filings

Mandates

Otto GROLIG

Natacha MELCHIOR

Mike MAHER

Philippe TARANTI

Alain HANNEUSE

Smith WAYNE

Michel TCHAPIAN

Vincenzo MORICI

Christiane MALCORPS

Ludwig DECOSTER

Frank SCHNEIDER

Jean-Pierre PLESKA

and 4 more mandates

1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

INOVYN Manufacturing BelgiumSOLVIC

No data

Director

Chairman of the board of directors

Managing director

Chairman of the board of directors

Director

DirectorChairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Solvay 39, 5190 Jemeppe-sur-SambreCurrent		CBE

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
INOVYN Manufacturing BelgiumCurrent	accounts 2014 → 2025	Accounts 2025 · 2026-00162082
SOLVIC	accounts 2007 → 2013	Accounts 2013 · 2014-28300508

Events

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

INOVYN Manufacturing Belgium

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events