INNOVATION FUND
0598.764.469 · rovalta.com · 25/09/2026
ACTIVE
INNOVATION FUND
Financial year 2025 · Closed on 31/12/2025
Net result-2,6 M €+64,6 %over 1 year
Gross margin-252,8 k €+18,0 %over 1 year
Equity20,7 M €-11,3 %over 1 year
Overview
Identity
Source · BCE/KBOINNOVATION FUND is a Public limited company incorporated in 2015. Its registered office is in Schaerbeek.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0598.764.469
- Incorporation
- 18/02/2015
- Legal form
- Public limited company
- Registered office
- Boulevard Auguste Reyers 70
1030 Schaerbeek · BruxellesSee on map - Contributed capital
- 35 070 000,00 €
- Latest accounts
- 31/12/2025
Signals
Solid equityLow riskGood liquidity
Financials
Source · NBB, 22 filingsTrend over 11 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | -252,8 k € | +18.0% | -308,3 k € | +31.9% | -452,5 k € | +15.0% | -532,2 k € | -7.0% | -497,5 k € |
| EBITDA | -253,9 k € | +17.9% | -309,3 k € | +32.4% | -457,4 k € | +14.7% | -536,4 k € | -7.6% | -498,4 k € |
| Operating result | -253,9 k € | +18.0% | -309,6 k € | +32.5% | -458,3 k € | +14.7% | -537,6 k € | -5.4% | -510,1 k € |
| Net result | -2,6 M € | +64.6% | -7,4 M € | -60.1% | -4,6 M € | -104% | -2,3 M € | -164% | 3,6 M € |
| Balance sheet | |||||||||
| Equity | 20,7 M € | -11.3% | 23,3 M € | -24.1% | 30,7 M € | -13.1% | 35,3 M € | -6.0% | 37,6 M € |
| Total assets | 20,7 M € | -11.3% | 23,3 M € | -24.1% | 30,7 M € | -13.0% | 35,3 M € | -6.1% | 37,6 M € |
| Cash | 607 k € | -75.9% | 2,5 M € | +215% | 797,4 k € | +31.7% | 605,3 k € | -94.1% | 10,2 M € |
| Debts | 25,2 k € | -28.9% | 35,5 k € | +8.1% | 32,8 k € | +374% | 6,9 k € | -27.5% | 9,6 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202526 active · 60 ended
Active mandates
Active
Active
Christian Barrot
ActiveArkema France SA
ActiveActive
Active
Active
François Cornelis
ActiveHutchinson SA
ActiveIlse Sienart
ActiveActive
Active
Active
Jean Marie Solvay
ActiveLuc Reginster
ActiveActive
Active
Active
Active
Active
Ended mandates
Other companies at this address
Boulevard Auguste Reyers 70 1030 Schaerbeek| Company | CBE no. |
|---|---|
ALCOLOCK BE● Active | 0833.547.031 |
A&M FISCO● Active | 1026.869.120 |
Asahi Kasei Bioprocess Europe● Active | 0480.190.679 |
| 0408.945.169 | |
| 0461.207.779 | |
| 0411.089.661 | |
| 0473.841.931 | |
| 0413.735.385 | |
BIOPLUS-PROBOIS● Active | 0408.942.595 |
BRIGHTEK● Active | 0655.723.364 |
| 0212.347.945 | |
Co-Valent● Active | 0666.836.891 |
COWATER INTERNATIONAL● Active | 0425.684.302 |
Denuo● Active | 0445.497.046 |
DSS Multiserv● Active | 1025.417.880 |
| 0692.638.297 | |
EUROPEAN SOLVENT RECYCLER GROUP● Active | 0818.241.322 |
| 0406.478.993 | |
| 0407.592.317 | |
| 0439.877.578 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 27/07/2026 | 27/06/2025 | 21/08/2024 | 29/08/2023 | 31/08/2022 | 15/06/2021 |
| General meeting | 09/06/2026 | 10/06/2025 | 11/06/2024 | 13/06/2023 | 14/06/2022 | 08/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 22 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 09/06/2026 | 27/07/2026 | Dutch | |
| Abridged model | 31/12/2025 | 09/06/2026 | 27/07/2026 | French | |
| Abridged model | 31/12/2024 | 10/06/2025 | 27/06/2025 | Dutch | |
| Abridged model | 31/12/2024 | 10/06/2025 | 27/06/2025 | French | |
| Abridged model | 31/12/2023 | 11/06/2024 | 21/08/2024 | French | |
| Abridged model | 31/12/2023 | 11/06/2024 | 21/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 13/06/2023 | 29/08/2023 | French | |
| Abridged model | 31/12/2022 | 13/06/2023 | 29/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 14/06/2022 | 31/08/2022 | Dutch | |
| Abridged model | 31/12/2021 | 14/06/2022 | 22/08/2022 | French | |
| Abridged model | 31/12/2020 | 08/06/2021 | 15/06/2021 | Dutch | |
| Abridged model | 31/12/2020 | 08/06/2021 | 15/06/2021 | French | |
| Abridged model | 31/12/2019 | 09/06/2020 | 29/06/2020 | Dutch | |
| Abridged model | 31/12/2019 | 09/06/2020 | 29/06/2020 | French | |
| Abridged model | 31/12/2018 | 11/06/2019 | 27/06/2019 | Dutch | |
| Abridged model | 31/12/2018 | 11/06/2019 | 27/06/2019 | French | |
| Micro model | 31/12/2017 | 12/06/2018 | 14/06/2018 | Dutch | |
| Micro model | 31/12/2017 | 12/06/2018 | 14/06/2018 | French | |
| Micro model | 31/12/2016 | 13/06/2017 | 27/06/2017 | Dutch | |
| Micro model | 31/12/2016 | 13/06/2017 | 27/06/2017 | French | |
| Abridged model | 31/12/2015 | 14/06/2016 | 29/07/2016 | Dutch | |
| Abridged model | 31/12/2015 | 14/06/2016 | 29/07/2016 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/202526 active · 60 ended
Active mandates
Active
Active
Christian Barrot
ActiveArkema France SA
ActiveActive
Active
Active
François Cornelis
ActiveHutchinson SA
ActiveIlse Sienart
ActiveActive
Active
Active
Jean Marie Solvay
ActiveLuc Reginster
ActiveActive
Active
Active
Active
Active
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates16/02/2026DEMISSIONS, NOMINATIONS
- Registered office27/05/2025SIEGE SOCIAL
- Mandates06/03/2025DEMISSIONS, NOMINATIONS
- Mandates31/08/2023DEMISSIONS, NOMINATIONS
- Mandates30/05/2023DEMISSIONS, NOMINATIONS
- Mandates11/10/2021DEMISSIONS, NOMINATIONS
- Mandates22/09/2020DEMISSIONS, NOMINATIONS
- Capital / shares21/01/2020KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-2,6 M €↑
- 2024Annual accounts 2024-7,4 M €↓
- 2023Annual accounts 2023-4,6 M €↓
- 2022Annual accounts 2022-2,3 M €↓
- 2021Annual accounts 20213,6 M €↑
- 2020Annual accounts 202073,9 k €↑
- 2019Annual accounts 2019-250,2 k €↓
- 2018Annual accounts 2018272,2 k €↑
- 2017Annual accounts 2017-466,5 k €↓
- 2016Annual accounts 2016-413,8 k €↓
- 2015Annual accounts 2015-269,5 k €
- 18/02/2015IncorporationPublic limited company