ACTIVE

Inari Agriculture, NV

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Financial year 2025 · closed on 31/12/2025

Net result

1,5 M €

+2.5% YoY

Revenue

12,1 M €

+4.7% YoY

Equity

10,2 M €

+17.0% YoY

Workforce

56,5 ETP

+17.2% YoY

What does Inari Agriculture, NV do?

Inari Agriculture, NV is a Public limited company incorporated in 2018. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Gent. It employs on average 56,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0705.873.156

Incorporation

26/09/2018

Legal form

Public limited company

Registered office

Industriepark-Zwijnaarde 7
9052 Gent · FlandreSee on map

Contributed capital

557 758,00 €

Latest accounts

31/12/2025

Average workforce

56,5 ETP

Activities (NACE)

72101Research and experimental development on natural sciences and engineering· main 72110Research and experimental development on biotechnology

Joint committees (2)

207
20700

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	12,1 M €	+4.7%	11,6 M €		–		–		–
EBITDA	2,7 M €	+31.4%	2,1 M €	+128%	903,3 k €	-54.4%	2,0 M €	-33.2%	3,0 M €
Operating result	1,6 M €	+8.1%	1,5 M €	+224%	451,0 k €	-73.5%	1,7 M €	-39.0%	2,8 M €
Net result	1,5 M €	+2.5%	1,4 M €	+267%	393,5 k €	-75.8%	1,6 M €	-41.2%	2,8 M €
Balance sheet
Equity	10,2 M €	+17.0%	8,7 M €	+19.9%	7,3 M €	+5.7%	6,9 M €	+31.0%	5,2 M €
Total assets	12,1 M €	+6.8%	11,4 M €	+18.3%	9,6 M €	+17.7%	8,2 M €	+32.3%	6,2 M €
Cash	2,1 M €	-46.3%	3,8 M €	+87.0%	2,1 M €	-15.4%	2,4 M €	+737%	290,1 k €
Debts	1,8 M €	-19.4%	2,2 M €	+30.2%	1,7 M €	+32.7%	1,3 M €	+45.7%	878,7 k €
Other
Workforce	56,5 ETP	+17.2%	48,2 ETP	+25.5%	38,4 ETP	+33.3%	28,8 ETP	+52.4%	18,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

Lisa Safarian

Director · since 16 décembre 2025 · until 02 juin 2031

Active

Martinez Bemposta Ignacio

Director · since 28 août 2025 · until 02 juin 2031

Active

XSeeds

Managing director · since 01 juillet 2022 · until 02 juin 2031 · 0787.451.047

Represented by Frédéric Van Ex

Active

Ended mandates

Ponsi TRIVISVAVET

Director · since 18 juin 2024 · until 18 juin 2030

Ended

XSeeds

Managing director · since 01 juillet 2022 · until 01 mars 2028 · 0787.451.047

Represented by Van Ex Frédéric

Ended

XSeeds

Managing director · since 01 juillet 2022 · until 05 juin 2028 · 0787.451.047

Represented by Frédéric Van Ex

Ended

Robert Berendes

Director · since 13 décembre 2019 · until 02 juin 2025

Ended

At this address

Other companies at this address

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argenx● Active	0818.292.196
argenx Benelux● Active	0751.809.485
Btw-eenheid Argonaut● Active	0798.359.587

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full 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	25/08/2026	20/08/2025	03/07/2024	14/07/2023	07/07/2022	05/07/2021
General meeting	18/06/2026	01/07/2025	18/06/2024	23/06/2023	30/06/2022	07/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	18/06/2026	25/08/2026	Dutch	PDF
Full model	31/12/2024	01/07/2025	20/08/2025	Dutch	PDF
Abridged model	31/12/2023	18/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	07/07/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	01/06/2020	23/06/2020	Dutch	PDF

Estimate

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.

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 31/12/2025 · 3 active · 10 ended

Active mandates

Lisa Safarian

Director · since 16 décembre 2025 · until 02 juin 2031

Active

Martinez Bemposta Ignacio

Director · since 28 août 2025 · until 02 juin 2031

Active

XSeeds

Managing director · since 01 juillet 2022 · until 02 juin 2031 · 0787.451.047

Represented by Frédéric Van Ex

Active

Ended mandates

Ponsi TRIVISVAVET

Director · since 18 juin 2024 · until 18 juin 2030

Ended

XSeeds

Managing director · since 01 juillet 2022 · until 01 mars 2028 · 0787.451.047

Represented by Van Ex Frédéric

Ended

XSeeds

Managing director · since 01 juillet 2022 · until 05 juin 2028 · 0787.451.047

Represented by Frédéric Van Ex

Ended

Robert Berendes

Director · since 13 décembre 2019 · until 02 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other11/08/2020
ALGEMENE VERGADERING - DIVERSEN
PDF
Capital / shares23/07/2020
KAPITAAL - AANDELEN
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

2025
Annual accounts 20251,5 M €↑
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 2023393,5 k €↓
2022
Annual accounts 20221,6 M €↓
2021
Annual accounts 20212,8 M €
26/09/2018
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Inari Agriculture, NV

Overview

What does Inari Agriculture, NV do?

Trend over 5 financial years

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