ACTIVE

INNOV AD

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Financial year 2025 · Closed on 31/12/2025

Net result15 M €-27,2 %over 1 year
Revenue99,3 M €+2,5 %over 1 year
Equity74,7 M €+10,4 %over 1 year
Workforce62,4 ETP+12,6 %over 1 year

Identity

Source · BCE/KBO

INNOV AD is a Public limited company incorporated in 2010. Its main activity is: Manufacture of prepared feeds for farm animals. Its registered office is in Essen. It employs on average 62,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0831.523.491
Incorporation
16/06/2010
Legal form
Public limited company
Registered office
Postbaan 69
2910 Essen · FlandreSee on map
Contributed capital
40 867 508,69 €
Latest accounts
31/12/2025
Average workforce
62,4 ETP
Joint committees (2)
  • 118
  • 220
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 16 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue99,3 M €96,9 M €79,9 M €76 M €60,9 M €
EBITDA17,4 M €19,5 M €13,8 M €10,4 M €12 M €
Operating result16,5 M €19,1 M €13,5 M €10,2 M €11,7 M €
Net result15 M €20,6 M €8,4 M €8,1 M €9,1 M €
Balance sheet
Equity74,7 M €67,7 M €57 M €24,1 M €16 M €
Total assets139 M €131,6 M €99,3 M €43,3 M €25,2 M €
Cash10,5 M €6,4 M €4,6 M €6,5 M €2,9 M €
Debts64,3 M €63,9 M €42,3 M €19,2 M €9,2 M €
Other
Workforce62,4 ETP55,4 ETP51,6 ETP51,6 ETP48,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hubertus JANSSEN
Managing director01/07/2021 → 10/05/2027Director01/07/2021 → 2023 accountsended
Benoit Letor
Director25/09/2011 → 03/06/2027Managing director25/09/2017 → 2020 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hubert JANSSEN
Director01/07/2021 → 2022 accounts
Luc De Houwer
Directorlisted until the 2020 accounts
Arctictern SERepresented by Jérémy Malou
Director21/11/2018 → 2020 accounts

Other companies at this address

Postbaan 69 2910 Essen
CompanyCBE no.
Groep PMF● Active
0735.390.850
PMF Holding● Active
0881.933.403

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/07/202620/06/202528/06/202425/10/202329/09/202231/08/2021
General meeting30/06/202609/06/202514/06/202429/09/202323/09/202226/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202609/07/2026DutchPDF
Full model31/12/202409/06/202520/06/2025DutchPDF
Full model31/12/202314/06/202428/06/2024DutchPDF
Full model31/12/202229/09/202325/10/2023DutchPDF
Full model31/12/202123/09/202229/09/2022DutchPDF
Full model31/12/202026/08/202131/08/2021DutchPDF
Full model31/12/201931/07/202006/08/2020DutchPDF
Full model31/12/201806/06/201911/07/2019DutchPDF
Full model31/12/201707/06/201826/07/2018DutchPDF
Full model31/12/201601/06/201721/12/2017DutchPDF
Micro model31/12/201601/06/201726/07/2017DutchPDF
Full model31/12/201502/06/201615/07/2016DutchPDF
Full model31/12/201404/06/201516/07/2015DutchPDF
Full model31/12/201326/06/201404/07/2014DutchPDF
Full model31/12/201228/06/201331/07/2013DutchPDF
Full model31/12/201107/06/201213/12/2012DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hubertus JANSSEN
Managing director01/07/2021 → 10/05/2027Director01/07/2021 → 2023 accountsended
Benoit Letor
Director25/09/2011 → 03/06/2027Managing director25/09/2017 → 2020 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Hubert JANSSEN
Director01/07/2021 → 2022 accounts
Luc De Houwer
Directorlisted until the 2020 accounts
Arctictern SERepresented by Jérémy Malou
Director21/11/2018 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares25/05/2023
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING
    PDF
  • Mandates03/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/06/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring25/02/2020
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/11/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings14 filings
Mandates
Hubertus JANSSEN
Benoit Letor
Hubert JANSSEN
Luc DE HOUWER
Arctictern SE
Jamal AL-SAIFI
PMF Holding
201020112012201320142015201620172018201920202021202220232024202520262027
INNOV ADInnov Ad
Postbaan 69, 2910 Essen
Managing directorDirector
DirectorManaging director
Director
Director
DirectorManaging director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Postbaan 69, 2910 EssenCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00280930

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
INNOV ADCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00280930
INNOVAD
accounts 2023
Accounts 2023 · 2024-00198519
Innov Ad
accounts 2011 → 2022
Accounts 2022 · 2023-00493356

Events

  1. 2025
    Annual accounts 202515 M €↓
  2. 2024
    Annual accounts 202420,6 M €↑
  3. 2024
    Name changeINNOV AD
  4. 2023
    Annual accounts 20238,4 M €↑
  5. 2023
    Name changeINNOVAD
  6. 14/06/2023
    reconductionGrant Thornton Bedrijfsrevisoren BV · commissaris
  7. 14/06/2023
    nominationNicolas Dumonceau · vaste vertegenwoordiger
  8. 15/05/2023
    augmentation_capital
  9. 2022
    Annual accounts 20228,1 M €↓
  10. 2021
    Annual accounts 20219,1 M €↓
  11. 2020
    Annual accounts 202010,1 M €↑
  12. 2018
    Annual accounts 20186 M €↑
  13. 2017
    Annual accounts 20174,4 M €↓
  14. 2016
    Annual accounts 20165,3 M €↑
  15. 2015
    Annual accounts 20153,2 M €↑
  16. 2014
    Annual accounts 20142,8 M €↑
  17. 2013
    Annual accounts 20131,7 M €↑
  18. 2012
    Annual accounts 2012893,9 k €↓
  19. 2011
    Annual accounts 2011905,3 k €
  20. 16/06/2010
    IncorporationPublic limited company