ACTIVE

INNOVCO

Financial year 2025 · closed on 30/09/2025
Net result
84,1 k €
+4.9% YoY
Gross margin
126,1 k €
+4.4% YoY
Equity
25,1 k €
-19.1% YoY

What does INNOVCO do?

INNOVCO is a Private limited company incorporated in 2015. Its main activity is: Management consultancy activities. Its registered office is in Sint-Niklaas.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0633.935.679
Incorporation
17/07/2015
Legal form
Private limited company
Registered office
Heidebaan 44
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin126,1 k €120,8 k €152,6 k €106,8 k €89 k €51,5 k €35 k €13,1 k €16 k €12,5 k €
EBITDA124,6 k €119,3 k €151,1 k €105,8 k €88 k €38 k €33,5 k €12,6 k €15,5 k €11,7 k €
Operating result107 k €101,7 k €145,3 k €102,9 k €81,7 k €43,7 k €27 k €-1,3 k €15,5 k €11,7 k €
Net result84,1 k €80,1 k €113,5 k €80,2 k €64,3 k €34,1 k €19,4 k €-2,3 k €10,2 k €5,9 k €
Balance sheet
Equity25,1 k €31 k €30,9 k €30,4 k €24 k €79,7 k €45,5 k €26,2 k €28,5 k €18,3 k €
Total assets146,9 k €128,2 k €153,2 k €120,6 k €151,8 k €89,4 k €69 k €101,3 k €79,4 k €93,9 k €
Cash59,4 k €40,1 k €54,7 k €69,9 k €107,4 k €40,7 k €3,4 k €23,7 k €4,2 k €51,9 k €
Debts121,8 k €97,2 k €122,3 k €90,2 k €127,8 k €9,7 k €23,5 k €75,1 k €50,9 k €75,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Dirk Van Bavel

Director

Active

Ended mandates

Dirk Van Bavel

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/12/202507/03/202515/03/202422/12/202203/01/202211/03/2021
General meeting15/12/202503/03/202502/03/202420/12/202220/12/202108/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202515/12/202519/12/2025DutchPDF
Micro model30/09/202403/03/202507/03/2025DutchPDF
Micro model30/09/202302/03/202415/03/2024DutchPDF
Micro model30/09/202220/12/202222/12/2022DutchPDF
Micro model30/09/202120/12/202103/01/2022DutchPDF
Micro model30/09/202008/03/202111/03/2021DutchPDF
Micro model30/09/201907/03/202012/03/2020DutchPDF
Micro model30/09/201804/03/201904/03/2019DutchPDF
Micro model30/09/201705/03/201816/03/2018DutchPDF
Abridged model30/09/201604/03/201707/03/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Dirk Van Bavel

Director

Active

Ended mandates

Dirk Van Bavel

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/01/2024
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other29/07/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202584,1 k €
  2. 2024
    Annual accounts 202480,1 k €
  3. 2023
    Annual accounts 2023113,5 k €
  4. 2022
    Annual accounts 202280,2 k €
  5. 2021
    Annual accounts 202164,3 k €
  6. 2020
    Annual accounts 202034,1 k €
  7. 2019
    Annual accounts 201919,4 k €
  8. 2018
    Annual accounts 2018-2,3 k €
  9. 2017
    Annual accounts 201710,2 k €
  10. 2016
    Annual accounts 20165,9 k €
  11. 17/07/2015
    IncorporationPrivate limited company