NORMAL SITUATION

Innovad Group II

Company — Normal situation.

Strike-off: 08 septembre 2026

Financial year 2025 · Closed on 31/12/2025

Net result5,3 M €+487,0 %over 1 year
Equity137,3 M €+4,0 %over 1 year
Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Innovad Group II is a Private limited company incorporated in 2021. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0765.792.234
Incorporation
29/03/2021
Legal form
Private limited company
Contributed capital
155 563 156,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflow

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Revenue––––1 M €
EBITDA-1,5 M €-309,5 k €-553,1 k €-122,7 k €-6,4 M €
Operating result-1,5 M €-309,5 k €-553,1 k €-122,7 k €-6,4 M €
Net result5,3 M €894,9 k €-791,6 k €-8,4 M €-15,2 M €
Balance sheet
Equity137,3 M €132,1 M €131,2 M €91,3 M €99,6 M €
Total assets268,5 M €261,8 M €260,9 M €222,2 M €219,7 M €
Cash2,5 M €428,2 k €3,2 M €239,5 k €49 k €
Debts131,2 M €129,8 M €129,7 M €131 M €120,1 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 11 ended

Active mandates

Hubertus Janssen

Director · since 28 janvier 2026

Active
Ranch Topco

Director · since 28 janvier 2026 · 1032.077.228

Represented by Benoit Letor

Active
Frederik Jacobs

Director · since 19 septembre 2023 · until 28 janvier 2026

Active
BRUNA CONSULT

Director · since 01 septembre 2021 · until 28 janvier 2026 · 0897.756.972

Represented by Helena Brutsaert

Active
Erik Visser

Director · since 08 avril 2021 · until 28 janvier 2026

Active
Letor Benoit

Managing director · since 08 avril 2021 · until 28 janvier 2026

Active
Massimo Neri

Director · since 08 avril 2021 · until 28 janvier 2026

Active
Remko Wilhelmus Hilhorst

Director · since 26 mars 2021 · until 28 janvier 2026

Active

Ended mandates

Frederik Jacobs

Director · since 19 septembre 2023 · until 10 mai 2027

Ended
BRUNA CONSULT

Director · since 01 septembre 2021 · until 10 mai 2027 · 0897.756.972

Represented by Helena Brutsaert

Ended
Erik Visser

Director · since 08 avril 2021 · until 10 mai 2027

Ended
Letor Benoit

Director · since 08 avril 2021 · until 10 mai 2027

Ended

Full financial information

Source · NBB
20252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202229/03/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months10 months
Filing date09/07/202604/06/202503/07/202425/10/202327/12/2022
General meeting30/06/202616/05/202525/06/202429/09/202323/09/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202609/07/2026DutchPDF
Full model31/12/202416/05/202504/06/2025DutchPDF
Full model31/12/202325/06/202403/07/2024DutchPDF
Full model31/12/202229/09/202325/10/2023DutchPDF
Full model31/12/202123/09/202227/12/2022DutchPDF

Indicative valuation

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 31/12/2025

8 active · 11 ended

Active mandates

Hubertus Janssen

Director · since 28 janvier 2026

Active
Ranch Topco

Director · since 28 janvier 2026 · 1032.077.228

Represented by Benoit Letor

Active
Frederik Jacobs

Director · since 19 septembre 2023 · until 28 janvier 2026

Active
BRUNA CONSULT

Director · since 01 septembre 2021 · until 28 janvier 2026 · 0897.756.972

Represented by Helena Brutsaert

Active
Erik Visser

Director · since 08 avril 2021 · until 28 janvier 2026

Active
Letor Benoit

Managing director · since 08 avril 2021 · until 28 janvier 2026

Active
Massimo Neri

Director · since 08 avril 2021 · until 28 janvier 2026

Active
Remko Wilhelmus Hilhorst

Director · since 26 mars 2021 · until 28 janvier 2026

Active

Ended mandates

Frederik Jacobs

Director · since 19 septembre 2023 · until 10 mai 2027

Ended
BRUNA CONSULT

Director · since 01 septembre 2021 · until 10 mai 2027 · 0897.756.972

Represented by Helena Brutsaert

Ended
Erik Visser

Director · since 08 avril 2021 · until 10 mai 2027

Ended
Letor Benoit

Director · since 08 avril 2021 · until 10 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring15/09/2026
    MET FUSIE GELIJKGESTELDE VERRICHTING (GERUISLOZE FUSIE) -
    PDF
  • Other06/07/2026
    —
    PDF
  • Mandates27/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares22/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates09/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 28/01/2026
    nominationHubertus (Bart) Janssen — bestuurder
  2. 2025
    Annual accounts 20255,3 M €↑
  3. 2024
    Annual accounts 2024894,9 k €↑
  4. 25/06/2024
    reconductionNicolas Dumonceau — commissaris
  5. 2023
    Annual accounts 2023-791,6 k €↑
  6. 19/09/2023
    nominationFrederik Jacobs — bestuurder
  7. 11/05/2023
    augmentation_capital
  8. 2023
    Name changeInnovad Groep II
  9. 2022
    Annual accounts 2022-8,4 M €↑
  10. 2021
    Annual accounts 2021-15,2 M €
  11. 29/03/2021
    IncorporationPrivate limited company
  12. 2021
    Name changeInnovad Group II