ACTIVE

InnovArts

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Financial year 2025 · closed on 31/03/2025

Net result

422,4 k €

+34.8% YoY

Gross margin

232,6 k €

+35.5% YoY

Equity

2,1 M €

+25.3% YoY

What does InnovArts do?

InnovArts is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0824.627.880

Incorporation

01/04/2010

Legal form

Private limited company

Registered office

Berkenlaan 28
3500 Hasselt · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/03/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	232,6 k €	+35.5%	171,6 k €	+50.0%	114,4 k €	-42.7%	199,9 k €	+207%	65 k €	-33.1%	97,2 k €	-4.4%	101,7 k €	+27.2%	80 k €	-5.6%	84,7 k €	-13.7%	98,2 k €	+5.6%	93 k €	+26.9%	73,3 k €	+39.9%	52,4 k €	-61.3%	135,3 k €
EBITDA	231,4 k €	+46.9%	157,5 k €	+132%	68 k €	-56.8%	157,5 k €	+996%	14,4 k €	-83.8%	88,9 k €	-10.3%	99,1 k €	+28.9%	76,9 k €	-5.9%	81,7 k €	-15.0%	96 k €	+5.2%	91,3 k €	+27.4%	71,7 k €	+44.3%	49,7 k €	-60.8%	126,7 k €
Operating result	189,2 k €	+52.7%	123,9 k €	+348%	27,7 k €	-76.4%	117,3 k €	+6352%	-1,9 k €	-103%	72 k €	-19.8%	89,8 k €	+35.1%	66,4 k €	-6.0%	70,7 k €	-7.2%	76,1 k €	-8.1%	82,9 k €	+18.1%	70,1 k €	+55.4%	45,1 k €	-15.2%	53,2 k €
Net result	422,4 k €	+34.8%	313,4 k €	+26.3%	248,2 k €	-30.1%	355 k €	+137%	150,1 k €	+9.1%	137,6 k €	+1.3%	135,8 k €	+62.8%	83,4 k €	+122%	37,6 k €	-12.2%	42,8 k €	-10.7%	47,9 k €	+24.4%	38,6 k €	-27.6%	53,3 k €	+409%	10,5 k €
Balance sheet
Equity	2,1 M €	+25.3%	1,7 M €	+23.0%	1,4 M €	+22.3%	1,1 M €	+47.2%	753 k €	+24.6%	604,5 k €	+29.0%	468,5 k €	+40.8%	332,6 k €	+33.5%	249,2 k €	+17.8%	211,6 k €	+25.4%	168,8 k €	+39.7%	120,9 k €	+46.8%	82,3 k €	+394%	16,7 k €
Total assets	2,4 M €	+31.6%	1,9 M €	+13.8%	1,6 M €	+15.3%	1,4 M €	+32.4%	1,1 M €	+48.7%	716,2 k €	+23.0%	582 k €	+24.4%	468 k €	+19.0%	393,2 k €	+2.6%	383,2 k €	-2.0%	391,2 k €	+9.7%	356,7 k €	+162%	136,3 k €	+25.4%	108,7 k €
Cash	29,8 k €	-19.5%	37 k €	-35.9%	57,7 k €	-74.3%	224,5 k €	+302%	55,9 k €	-18.7%	68,7 k €	-68.5%	218,4 k €	+76.3%	123,9 k €	+115%	57,6 k €	+20.1%	48 k €	+7.3%	44,7 k €	+51.5%	29,5 k €	-6.1%	31,4 k €	-30.9%	45,5 k €
Debts	335,7 k €	+89.9%	176,8 k €	-34.0%	267,8 k €	-10.4%	298,9 k €	-3.4%	309,5 k €	+186%	108,3 k €	-1.6%	110,1 k €	-16.7%	132,2 k €	-5.7%	140,1 k €	-17.4%	169,6 k €	-23.0%	220,3 k €	-5.7%	233,7 k €	+333%	53,9 k €	-41.4%	92 k €
Other
Workforce	–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 7 ended

Active mandates

Christian DESMET

Director

Active

Evelyne HALSBERGHE

Director

Active

Ended mandates

Simon DESMET

Mandate · since 01 janvier 2015

Ended

Simon DESMET

Manager · since 01 janvier 2015

Ended

Christian DESMET

Andere functie

Ended

Christian DESMET

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CESSA● Active	1013.051.073

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	30/09/2024	29/09/2023	28/10/2022	28/10/2021	14/11/2020
General meeting	19/09/2025	20/09/2024	15/09/2023	23/09/2022	20/09/2021	21/09/2020
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	19/09/2025	30/09/2025	Dutch	PDF
Abridged model	31/03/2024	20/09/2024	30/09/2024	Dutch	PDF
Abridged model	31/03/2023	15/09/2023	29/09/2023	Dutch	PDF
Abridged model	31/03/2022	23/09/2022	28/10/2022	Dutch	PDF
Abridged model	31/03/2021	20/09/2021	28/10/2021	Dutch	PDF
Micro model	31/03/2020	21/09/2020	14/11/2020	Dutch	PDF
Micro model	31/03/2019	20/09/2019	25/10/2019	Dutch	PDF
Micro model	31/03/2018	20/09/2018	31/10/2018	Dutch	PDF
Micro model	31/03/2017	20/09/2017	02/10/2017	Dutch	PDF
Abridged model	31/03/2016	20/09/2016	03/10/2016	Dutch	PDF
Abridged model	31/03/2015	21/09/2015	03/10/2015	Dutch	PDF
Abridged model	31/03/2014	20/09/2014	03/10/2014	Dutch	PDF
Abridged model	31/03/2013	20/09/2013	31/10/2013	Dutch	PDF
Abridged model	31/03/2012	20/09/2012	31/10/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/03/2025 · 2 active · 7 ended

Active mandates

Christian DESMET

Director

Active

Evelyne HALSBERGHE

Director

Active

Ended mandates

Simon DESMET

Mandate · since 01 janvier 2015

Ended

Simon DESMET

Manager · since 01 janvier 2015

Ended

Christian DESMET

Andere functie

Ended

Christian DESMET

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/06/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates16/03/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other15/04/2010
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

2025
Annual accounts 2025422,4 k €↑
2024
Annual accounts 2024313,4 k €↑
2023
Annual accounts 2023248,2 k €↓
2022
Annual accounts 2022355 k €↑
2021
Annual accounts 2021150,1 k €↑
2020
Annual accounts 2020137,6 k €↑
2019
Annual accounts 2019135,8 k €↑
2018
Annual accounts 201883,4 k €↑
2017
Annual accounts 201737,6 k €↓
2016
Annual accounts 201642,8 k €↓
2015
Annual accounts 201547,9 k €↑
2014
Annual accounts 201438,6 k €↓
2013
Annual accounts 201353,3 k €↑
2012
Annual accounts 201210,5 k €
01/04/2010
IncorporationPrivate 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

InnovArts

Overview

What does InnovArts do?

Trend over 14 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