INNOVCO
Annual accounts 2025
micro format, filed on 19-12-2025, 132 days before the deadlineMoney flows
no detail for 2025Balance sheet
balance sheet total €146,864 on 30-09-2025in euro
in euro
Position in the sector
17.1%
Higher than 21% of 39,364 companies in 2025.
0.84
Higher than 19% of 38,048 companies in 2025.
57.2%
Higher than 90% of 38,520 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
146,864 | 128,158 | 153,177 | 120,641 | 151,845 | 89,394 | 69,010 | 101,256 | 79,359 | 93,880 | |
21/28 |
44,197 | 61,813 | 79,430 | 9,373 | 10,377 | 7,566 | 11,586 | 2,856 | - | - | |
22/27 |
44,197 | 61,813 | 79,430 | 9,373 | 10,377 | 7,566 | 11,586 | 2,856 | - | - | |
23 |
875 | 2,104 | 3,334 | 2,463 | 954 | 385 | 2,197 | 2,856 | - | - | |
24 |
43,323 | 59,709 | 76,096 | 6,909 | 9,422 | 7,182 | 9,389 | - | - | - | |
29/58 |
102,666 | 66,345 | 73,748 | 111,269 | 141,468 | 81,828 | 57,424 | 98,400 | 79,359 | 93,880 | |
40/41 |
41,342 | 24,719 | 17,764 | 41,341 | 34,058 | 41,101 | 54,052 | 74,684 | 75,146 | 41,999 | |
40 |
33,842 | 18,719 | 13,764 | 29,341 | 19,058 | 21,000 | 44,447 | 66,146 | 66,700 | 41,999 | |
41 |
7,500 | 6,000 | 4,000 | 12,000 | 15,000 | 20,101 | 9,605 | 8,539 | 8,446 | - | |
54/58 |
59,375 | 40,082 | 54,713 | 69,928 | 107,411 | 40,726 | 3,372 | 23,716 | 4,213 | 51,881 | |
490/1 |
1,950 | 1,543 | 1,271 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
146,864 | 128,158 | 153,177 | 120,641 | 151,845 | 89,394 | 69,010 | 101,256 | 79,359 | 93,880 | |
10/15 |
25,051 | 30,981 | 30,867 | 30,405 | 23,998 | 79,672 | 45,528 | 26,164 | 28,495 | 18,312 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | |
11 |
- | - | - | 18,600 | 12,400 | 12,400 | - | - | - | - | |
1100/10 |
- | - | - | - | - | 12,400 | - | - | - | - | |
1109/19 |
- | - | - | 18,600 | 12,400 | - | - | - | - | - | |
13 |
805 | 805 | 805 | 805 | 805 | 805 | 805 | 805 | 805 | 296 | |
130/1 |
- | - | 805 | 805 | 805 | 805 | - | - | - | - | |
130 |
- | - | - | - | - | - | 805 | 805 | 805 | 296 | |
1311 |
- | - | 805 | 805 | 805 | - | - | - | - | - | |
1319 |
- | - | - | - | - | 805 | - | - | - | - | |
133 |
805 | 805 | - | - | - | - | - | - | - | - | |
14 |
5,646 | 11,576 | 11,462 | 11,001 | 10,794 | 66,467 | 32,323 | 12,960 | 15,290 | 5,617 | |
17/49 |
121,813 | 97,177 | 122,310 | 90,236 | 127,846 | 9,722 | 23,482 | 75,092 | 50,864 | 75,568 | |
42/48 |
121,813 | 97,177 | 122,310 | 90,236 | 127,846 | 9,722 | 23,482 | 75,092 | 50,864 | 75,568 | |
44 |
20,809 | 6,804 | 8,701 | 4,886 | 5,144 | 9,722 | 23,482 | 45,790 | 32,025 | 23,949 | |
440/4 |
20,809 | 6,804 | 8,701 | 4,886 | 5,144 | 9,722 | 23,482 | 45,790 | 32,025 | 23,949 | |
45 |
21,802 | 21,350 | 17,265 | 17,390 | 20,811 | - | - | - | 5,236 | 1,667 | |
450/3 |
21,802 | 21,350 | 17,265 | 17,390 | 20,811 | - | - | - | 5,236 | 1,667 | |
47/48 |
79,202 | 69,023 | 96,344 | 67,959 | 101,892 | - | - | 29,302 | 13,603 | 49,951 | |
| Income statement | |||||||||||
70 |
- | - | - | 227,938 | - | - | - | - | - | - | |
9900 |
126,132 | 120,788 | 152,624 | 106,832 | 89,030 | 51,532 | 34,955 | 13,088 | 16,032 | 12,485 | |
60/61 |
- | - | - | 135,366 | - | - | - | - | - | - | |
630 |
17,616 | 17,616 | 5,810 | 2,863 | 6,212 | 6,720 | 6,507 | 1,428 | - | - | |
631/4 |
- | - | - | - | - | -12,500 | - | 12,500 | - | - | |
640/8 |
1,556 | 1,512 | 1,511 | 1,082 | 1,073 | 13,570 | 1,475 | 478 | 528 | 820 | |
9901 |
106,960 | 101,660 | 145,303 | 102,888 | 81,745 | 43,742 | 26,973 | -1,318 | 15,504 | 11,665 | |
75/76B |
- | - | - | 8 | 98 | 0 | 0 | 1 | - | - | |
75 |
- | - | - | 8 | 98 | 0 | 0 | 1 | - | - | |
65/66B |
- | 5 | - | - | - | 1 | 810 | 0 | 93 | 2 | |
65 |
- | 5 | - | - | - | 1 | 810 | 0 | 93 | 2 | |
9903 |
106,960 | 101,656 | 145,303 | 102,896 | 81,843 | 43,742 | 26,163 | -1,317 | 15,411 | 11,662 | |
67/77 |
22,890 | 21,542 | 31,841 | 22,689 | 17,516 | 9,598 | 6,799 | 1,013 | 5,228 | 5,750 | |
9904 |
84,070 | 80,114 | 113,462 | 80,207 | 64,326 | 34,144 | 19,364 | -2,330 | 10,182 | 5,912 | |
9905 |
84,070 | 80,114 | 113,462 | 80,207 | 64,326 | 34,144 | 19,364 | -2,330 | 10,182 | 5,912 | |
| Appropriation of the result | |||||||||||
9906 |
95,646 | 91,576 | 124,462 | 91,001 | 130,794 | 66,467 | 32,323 | 12,960 | 15,799 | 5,912 | |
14P |
11,576 | 11,462 | 11,001 | 10,794 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 509 | 296 | |
6920 |
- | - | - | - | - | - | - | - | 509 | 296 | |
694/7 |
90,000 | 80,000 | 113,000 | 80,000 | 120,000 | - | - | - | - | - | |
694 |
90,000 | 80,000 | 113,000 | 80,000 | 120,000 | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 19-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 19-12-2025 | 2025-00586207 | |
| 30-09-2024 | micro format | 07-03-2025 | 2025-00045206 | |
| 30-09-2023 | micro format | 15-03-2024 | 2024-00044008 | |
| 30-09-2022 | micro format | 22-12-2022 | 2022-20543962 | |
| 30-09-2021 | micro format | 03-01-2022 | 2022-00100217 | |
| 30-09-2020 | micro format | 11-03-2021 | 2021-07300482 | |
| 30-09-2019 | micro format | 12-03-2020 | 2020-06500397 | |
| 30-09-2018 | micro format | 04-03-2019 | 2019-06400124 | |
| 30-09-2017 | micro format | 16-03-2018 | 2018-07000294 | |
| 30-09-2016 | abbreviated format | 07-03-2017 | 2017-05900266 |
Subsidies and aid
Flemish government 2022 to 2025, 2 entries, €1,020 awarded, €1,020 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €435 | €435 |
| 2022 | 1 | €585 | €585 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 124,576 | 119,276 | 151,113 | 105,750 | 87,956 | 50,462 | 33,480 | 110 | - | - | ||
| 101,686 | 97,730 | 119,272 | 83,070 | 70,538 | 40,864 | 25,871 | -902 | - | - | ||
| 0 | 0 | 75,867 | 1,859 | 9,022 | 2,700 | 15,238 | 4,283 | - | - | ||
| 19,292 | -14,630 | -15,215 | -37,483 | 66,684 | 37,354 | -20,344 | 19,503 | -47,667 | - | ||
| -19,146 | -30,833 | -48,562 | 21,033 | 13,622 | 72,106 | 33,942 | 23,309 | 28,495 | 18,312 | ||
| - | - | - | 45.1% | - | - | - | - | - | - | ||
| 17.1% | 24.2% | 20.2% | 25.2% | 15.8% | 89.1% | 66.0% | 25.8% | 35.9% | 19.5% | ||
| 0.84 | 0.68 | 0.60 | 1.23 | 1.11 | 8.42 | 2.45 | 1.31 | 1.56 | 1.24 | ||
| 4.86 | 3.14 | 3.96 | 2.97 | 5.33 | 0.12 | 0.52 | 2.87 | 1.79 | 4.13 | ||
| 335.6% | 258.6% | 367.6% | 263.8% | 268.0% | 42.9% | 42.5% | -8.9% | 35.7% | 32.3% | ||
| 57.2% | 62.5% | 74.1% | 66.5% | 42.4% | 38.2% | 28.1% | -2.3% | 12.8% | 6.3% | ||
| - | over 100 | - | - | - | - | - | - | - | - | ||
| - | - | - | 47 days | - | - | - | - | - | - | ||
| - | - | - | 13 days | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €75,867 | €1,859 |
| €17,616 | €17,616 | €5,810 | €2,863 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on INNOVCO
The operating result for 2025 is 5% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 75.8% to 82.9%. Equity is lower and debt is higher.