InOpSys
ActiveFrom the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
InOpSys has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of -€2.0m. Equity is growing by about 5.2% per year across the filed financial years. Its solvency ranks better than 32% of 239 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Directors
Directors
7 directors, 1 in day-to-day management, no change since 2026
Board 7
Current
Kühnbach Stefan
Current
PDB BV
Current
Director indaver holding nv · since 15-03-2024 · Legal entity · permanent representative: Paul De Bruycker · in the 2025 annual accounts, filed on 19-06-2026
Current
Avelin BV
Current
Director indaver holding nv · appointed in the act of 01-08-2024 · Legal entity · permanent representative: Jonathan Van Steelant
ENTRA MOBILE BV
Current
Director indaver holding nv · appointed in the act of 01-08-2024 · Legal entity · permanent representative: Dirk Michielsens
DELAGO
Current
Gewone bestuurder · appointed in the act of 25-01-2016 · Private limited company · permanent representative: Steven De Laet
Day-to-day management 1
Gavilán Consulting BV
Current
CEO · appointed in the act of 14-02-2025 · Legal entity · permanent representative: Karl Huts
Permanent representatives 6
Dirk Michielsens
Current
Permanent representative · appointed in the act of 01-08-2024 · for ENTRA MOBILE BV
Jonathan Van Steelant
Current
Permanent representative · appointed in the act of 01-08-2024 · for Avelin BV
Hilde Vangilbergen
Current
Permanent representative · appointed in the act of 14-02-2025 · for Tsundoku Ventures BV
Karl Huts
Current
Permanent representative · appointed in the act of 14-02-2025 · for Gavilán Consulting BV
Paul De Bruycker
Current
Permanent representative · appointed in the act of 14-02-2025 · for PDB BV
Steven De Laet
Current
Permanent representative · appointed in the act of 25-01-2016 · for DELAGO
Statutory auditor 1
Ernst et Young Reviseurs d'Entreprises
Current
Statutory auditor · since 28-03-2025 · permanent representative: Ronald Van den Ecker · in the 2025 annual accounts, filed on 19-06-2026
Other functions 1
Tsundoku Ventures BV
Current
Cfo · appointed in the act of 14-02-2025 · Legal entity · permanent representative: Hilde Vangilbergen
Mandate history
29 people, 10 in office
- Board
- Day-to-day management
- Statutory auditor
- Other function
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| DELAGO |
|
| DE BRUYCKER Paul, Cesar |
|
| Kühnbach Stefan |
|
| Sven De Neef |
|
| Avelin BV |
|
| ENTRA MOBILE BV |
|
| PDB BV |
|
| Gavilán Consulting BV |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| Tsundoku Ventures BV |
|
| FINVISION Bedrijfsrevisoren Antwerpen |
|
| Air Liquide Investissement d'Avenir et de Démonstration S.A. |
|
| INNOVATION FUND |
|
| MTJA |
|
| Participatiemaatschappij Vlaanderen |
|
| Stefan Kuehnbach |
|
| Stellar Impact |
|
| AIR LIQUIDE INVESTISSEMENTS D'AVENIR ET DE DEMONSTRATION |
|
| ALTARENCE |
|
| Hilde Maria Vital LUYSTERMANS |
|
| Isabelle Ghislene Eddy Thérèse CARDINAEL |
|
| Raf DEWIL |
|
| Isabelle Cardinael |
|
| VLAAMSE MILIEUHOLDING |
|
| David GERMONPRE |
|
| LUYSTERMANS Hilde |
|
| Raf DEWIIL |
|
| ACIDBASE |
|
| DE LAET Steven |
|
How the board is organised
- Who signsWho may bind the company towards others, for example by signing a contract.
- “1. DOEL De Raad van Bestuur van Indaver Holding heeft beslist de volgende volmachten goed te keuren en in te voeren. Deze volmachten worden…”deed of 26-03-2026
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deeddeed of 30-05-2024 (in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- 18 provisions in the deeddeed of 26-03-2026 (in Dutch)
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off
3 other companies of this director went bankrupt (2023, 2025, 2026).
- QOLLABI bankruptcy on 07-05-2026Official Gazettemandate since 2022
- REIN4CED bankruptcy on 29-12-2025Official Gazettemandate since 2022
- VILOC bankruptcy on 26-01-2023Official Gazettemandate until 2022
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Owners and capital
Owners
3 ownersChain of control
- Katoen Natie Group SALU
- Katoen Natie International SALU
- Indaver Holding
- InOpSys
Owners 3
- Indaver Holdingparent100%
- Katoen Natie Group SALUconsolidating parentconsolidates
- Sourceaccounts AVORE 20225.56%
Capital and shareholders
Shareholders according to the deeds
After 2 capital increases
act of 25-01-2016 ↗
- Katholieke Universiteit Leuven (BE 0419.052.173) €10,460 in kind
- AVORE (BE 0500.645.506) €30,990.30 in kind
At incorporation
act of 05-06-2015 ↗
- Raf Pierre Louis DEWIL founder
- Lise APPELS founder
Capital over the years
- 30-05-2024 Capital stated in the deed · €13,652,465.11 · 1,168,140 shares
- 27-03-2024 Capital increase of €3,685,078 · to €13,652,465.11 · 341,209 new shares · in kind
- 26-10-2022 Capital increase of €1,836,132 · to €9,967,387.11 · 153,011 new shares
- 04-01-2021 Capital increase of €999,979.68 · to €4,664,605.11 · 83,330 new shares · in kind
- 04-01-2021 Capital increase of €3,466,650 · to €8,131,255.11 · 231,110 new shares · in cash
- 16-04-2020 Capital increase of €999,984 · to €3,664,625.43 · 83,332 new shares
- 10-10-2018 Capital increase of €1,500,036 · to €2,664,639.43 · 125,003 new shares
- 10-10-2018 Capital increase of €2 · to €2,664,641.43 · 51,046 new shares
Show 6 older capital entries
- 25-01-2016 Capital increase of €3,229 · to €67,809 · 3,229 new shares
- 25-01-2016 Capital increase of €32,290 · to €100,099 · 32,290 new shares
- 25-01-2016 Capital increase of €1,064,504.43 · to €1,164,603.43 · no new shares
- 25-01-2016 Capital increase of €41,450.30 · to €60,050.30 · 41,450 new shares
- 25-01-2016 Capital increase of €4,529.70 · to €64,580 · 4,530 new shares · in cash
- 05-06-2015 Incorporation · €18,600 · 18,600 shares
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Volmacht werknemer/vertegenwoordiger impliceert zelfde volmacht hiërarchische overste”Other provision: “Indaver Holding NV en dochterondernemingen gezamenlijk Indaver Groep, afdwingbaarheid en handhaving”Other provision: “InOpSys eigen Business Unit onder Business Line IWS, CEO INDAVER+General Manager verantwoordelijke BL/BU”Other provision: “Vierogenprincipe, tenzij anders voorzien”Other provision: “Delegatie mits schriftelijke goedkeuring CEO INDAVER of 2 bestuurders,volmachthouder blijft verantwoordelijk, geplande afwezigheid…”Other provision: “Waarneming door andere volmachthouder,vooraf back-up mits goedkeuring CEO INDAVER, CEO-afwezigheid waargenomen door Raad van Bestuur Indaver…”Other provision: “Raad van Bestuur Indaver Holding NV, geheel of gedeeltelijk ten allen tijde”Other provision: “Elektronische handtekening, schriftelijke volmacht mede-gevolmachtigde bij set-up 1 handtekening”3 more provisions in the deed, see the deed of 26-03-2026deed of 26-03-2026 (in Dutch)
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- 1 more provision in the deed, see the deed of 30-05-2024