ACTIVE

INOVYN Trade Services

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Financial year 2025 · Closed on 31/12/2025

Net result4,8 M €-19,6 %over 1 year
Revenue453 M €-14,5 %over 1 year
Equity24,9 M €+5,2 %over 1 year

Identity

Source · BCE/KBO

INOVYN Trade Services is a Public limited company incorporated in 2014. Its main activity is: Wholesale of chemical products. Its registered office is in Jemeppe-sur-Sambre.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0548.858.563
Incorporation
25/03/2014
Legal form
Public limited company
Registered office
Rue Solvay 39
5190 Jemeppe-sur-Sambre · WallonieSee on map
Contributed capital
18 117 285,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 12 filings

Trend over 7 financial years

20252024202320212020
Income statement
Revenue453 M €529,6 M €477,9 M €659,7 M €1,8 M €
EBITDA8,2 M €7,2 M €8,2 M €5,3 M €24,2 k €
Operating result8,3 M €7,1 M €8,2 M €5,3 M €18,2 k €
Net result4,8 M €6 M €5,4 M €2,1 M €-1,4 k €
Balance sheet
Equity24,9 M €23,6 M €21,9 M €22 M €19,9 M €
Total assets68,2 M €98,6 M €79,4 M €116,9 M €39,6 M €
Cash2,2 M €2,1 M €3 M €21,2 M €2,4 M €
Debts43,3 M €75 M €57,5 M €94,8 M €19,6 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2016

4 active · 2 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

Jaime Ballbe

Chairman of the board of directors · since 02 juillet 2015 · until 02 juillet 2021

Active
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 19 mars 2014 · until 29 mai 2019

Active

Ended mandates

Alex Dessalle

Director · since 19 mars 2014 · until 31 décembre 2014

Ended
Luc Lebrun

Managing director · since 19 mars 2014 · until 29 mai 2019

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 Manufacturing Belgium● Active
0403.147.638
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 date09/06/202618/06/202512/06/202409/06/202330/06/202208/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202325/05/202226/05/2021
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, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202609/06/2026FrenchPDF
Full model31/12/202406/06/202518/06/2025FrenchPDF
Full model31/12/202307/06/202412/06/2024FrenchPDF
Full model31/12/202202/06/202309/06/2023FrenchPDF
Full model31/12/202125/05/202230/06/2022FrenchPDF
Full model31/12/202026/05/202108/06/2021FrenchPDF
Full model31/12/201927/05/202002/09/2020FrenchPDF
Full model31/12/201829/05/201931/07/2019FrenchPDF
Full model31/12/201730/05/201814/06/2018FrenchPDF
Full model31/12/201631/05/201713/06/2017FrenchPDF
Full model31/12/201525/05/201621/09/2016FrenchPDF
Full model31/12/201427/05/201522/06/2015FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

4 active · 2 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

Jaime Ballbe

Chairman of the board of directors · since 02 juillet 2015 · until 02 juillet 2021

Active
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 19 mars 2014 · until 29 mai 2019

Active

Ended mandates

Alex Dessalle

Director · since 19 mars 2014 · until 31 décembre 2014

Ended
Luc Lebrun

Managing director · since 19 mars 2014 · until 29 mai 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other28/12/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE
    PDF
  • Mandates01/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office18/03/2022
    SIEGE SOCIAL
    PDF
  • Mandates28/06/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/03/2021
    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. 01/04/2026
    nominationWouter Bleukx — administrateur
  2. 10/02/2026
    nominationPierre Minguet — administrateur
  3. 2025
    Annual accounts 20254,8 M €↓
  4. 06/06/2025
    reconductionCorine Magnin — Commissaire
  5. 2024
    Annual accounts 20246 M €↑
  6. 2023
    Annual accounts 20235,4 M €↑
  7. 25/05/2022
    reconductionCorine Magnin — représentante de la société Deloitte
  8. 2021
    Annual accounts 20212,1 M €↑
  9. 01/03/2021
    nominationDavid James (dénommé Dave) Horrocks — administrateur
  10. 2020
    Annual accounts 2020-1,4 k €↓
  11. 2016
    Annual accounts 20164,6 M €↑
  12. 2016
    Name changeINOVYN Trade Services
  13. 2014
    Annual accounts 2014477,4 k €
  14. 25/03/2014
    IncorporationPublic limited company
  15. 2014
    Name changeCHLORCHEM TRADE SERVICES