ACTIVE

INNOVATE CONSTRUCT

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Financial year 2025 · closed on 31/12/2025
Net result
44,8 k €
+199.0% YoY
Gross margin
69 k €
+80.5% YoY
Equity
64,7 k €
+224.1% YoY
Workforce
0,3 ETP

What does INNOVATE CONSTRUCT do?

INNOVATE CONSTRUCT is a Private limited company incorporated in 2022. Its main activity is: Electrical installation. Its registered office is in Molenbeek-Saint-Jean. It employs on average 0,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0795.205.703
Incorporation
21/12/2022
Legal form
Private limited company
Registered office
Rue de la Meuse 49
1080 Molenbeek-Saint-Jean · BruxellesSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Average workforce
0,3 ETP
Activities (NACE)
43212Electrical installation· main43212Electrical installation41001Construction of buildings41201Construction of residential and non-residential buildings43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation+4
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin69 k €38,2 k €–
EBITDA59,8 k €18,9 k €–
Operating result57,5 k €18,9 k €–
Net result44,8 k €15 k €–
Balance sheet
Equity64,7 k €20 k €5 k €
Total assets76,1 k €52,7 k €5 k €
Cash7,6 k €11,1 k €–
Debts11,4 k €32,7 k €–
Other
Workforce0,3 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Annual accounts

Full financial information

202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202420/12/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months13 months
Filing date02/09/202621/01/202624/02/2026
General meeting15/08/202631/12/202428/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/08/202602/09/2026FrenchPDF
Abridged model31/12/202431/12/202421/01/2026FrenchPDF
Abridged model31/12/202328/06/202424/02/2026FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/04/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/06/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office13/09/2024
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Mandates05/02/2024
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/12/2022
    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 202544,8 k €↑
  2. 2024
    Annual accounts 202415 k €
  3. 2023
    Annual accounts 2023
  4. 21/12/2022
    IncorporationPrivate limited company