ACTIVE

INDUFIN

Financial year 2025 · closed on 31/12/2025
Net result
-13,4 k €
+17.3% YoY
Gross margin
-8,8 k €
+20.9% YoY
Equity
289,3 k €
-4.4% YoY

What does INDUFIN do?

INDUFIN is a Public limited company incorporated in 1920. Its main activity is: Management consultancy activities. Its registered office is in Dilbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0401.003.641
Incorporation
03/06/1920
Legal form
Public limited company
Registered office
Eikelenbergstraat 20
1700 Dilbeek · FlandreSee on map
Contributed capital
104 985,34 €
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 218
Signals
Solid equityLow riskGood liquidity
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-8,8 k €-11,2 k €-26,5 k €
EBITDA-9,2 k €-11,6 k €-26,9 k €47,1 k €15,9 k €-70,8 k €5,9 k €-65,5 k €154,6 k €111,7 k €189,9 k €121,7 k €91,2 k €108 k €111,1 k €123,8 k €128,8 k €236,9 k €40,2 k €-389,9 k €
Operating result-9,2 k €-11,6 k €-26,9 k €47,1 k €15,9 k €-70,8 k €5,9 k €-67,2 k €149,4 k €98,8 k €177,1 k €108,2 k €77,1 k €93,6 k €96,5 k €108,8 k €111,3 k €222,8 k €42,6 k €-392,2 k €
Net result-13,4 k €-16,1 k €-31,7 k €64,1 k €15 k €-71,6 k €1,6 k €-70,7 k €146,2 k €38 k €71,2 k €24,2 k €3 k €13,5 k €88,6 k €228,7 k €153,3 k €140,7 k €8 M €5,3 M €
Balance sheet
Equity289,3 k €302,7 k €318,8 k €350,5 k €286,5 k €271,4 k €343 k €341,4 k €412,1 k €266 k €228 k €156,7 k €132,5 k €129,5 k €116,1 k €357,4 k €357 k €227,6 k €837,4 k €32,4 M €
Total assets504,2 k €518,3 k €533,5 k €578,1 k €526,1 k €2,2 M €2,3 M €2,3 M €2,7 M €3,2 M €2,7 M €2,7 M €2,5 M €2,5 M €2,3 M €2,8 M €2,6 M €2,4 M €11,6 M €34,6 M €
Cash3,9 k €17,8 k €29,2 k €105,5 k €57,1 k €384 k €13,3 k €53,9 k €3,5 k €918,6 k €1 M €210,9 k €102,6 k €284,4 k €58,4 k €7,9 k €96,6 k €167,2 k €1,8 M €4,4 M €
Debts215,5 €936,1 €12,9 k €25 k €1,7 M €853,5 k €928,9 k €1,2 M €1,6 M €1,2 M €1,3 M €1,1 M €1,2 M €1,1 M €1,2 M €1,1 M €1 M €9,7 M €945 k €
Other
Workforce1,3 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP3,0 ETP3,0 ETP3,0 ETP3,3 ETP3,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 55 ended

Active mandates

HIGHBURY

Managing director · since 25 avril 2024 · until 25 avril 2030 · 0832.137.660

Represented by Joris ROME

Active
Jean-François VRYENS

Managing director · since 25 avril 2024 · until 25 avril 2030

Active
Alain HUBERTY

Director · since 28 avril 2022 · until 27 avril 2028

Active
Philippe VANDEURZEN

Director · since 28 avril 2022 · until 27 avril 2028

Active

Ended mandates

HIGHBURY

Director · since 25 avril 2024 · until 25 avril 2030 · 0832.137.660

Represented by Joris ROME

Ended
HIGHBURY

Director · since 25 avril 2024 · until 25 avril 2030 · 0832.137.660

Represented by Joris ROME

Ended
HIGHBURY

Director · since 17 mai 2018 · until 25 avril 2024 · 0832.137.660

Represented by Joris ROME

Ended
HIGHBURY

Managing director · since 17 mai 2018 · until 25 avril 2024 · 0832.137.660

Represented by Joris ROME

Ended
At this address

Other companies at this address

CompanyCBE no.
Amrop BelgiumActive
0826.660.625
Ben Van BiesenActive
0798.823.803
0447.115.263
CulturaActive
0409.309.415
De EikActive
0411.941.380
EcovalLiquidation
0400.728.477
0728.908.973
0729.597.376
KardexActive
0422.967.906
Kristof LeconteActive
1041.305.985
0753.592.604
NOMAD HOLDINGActive
0683.518.022
OAK HOLDINGLiquidation
0998.532.351
PARATODOSActive
0819.441.449
PROMINTERActive
0405.769.806
S. Perquy-ForkeActive
1017.178.622
0643.719.219
TRIPLE AActive
0476.966.519
0440.489.668
YOKAActive
0463.337.821
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date15/06/202622/08/202521/06/202428/04/202329/04/202207/07/2021
General meeting30/04/202624/04/202525/04/202427/04/202328/04/202229/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

101 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/04/202615/06/2026DutchPDF
Abridged model31/12/202530/04/202615/06/2026FrenchPDF
Abridged model31/12/202424/04/202522/08/2025FrenchPDF
Abridged model31/12/202424/04/202522/08/2025DutchPDF
Abridged model31/12/202325/04/202421/06/2024DutchPDF
Abridged model31/12/202325/04/202421/06/2024FrenchPDF
Full model31/12/202227/04/202328/04/2023FrenchPDF
Full model31/12/202227/04/202328/04/2023DutchPDF
Full model31/12/202128/04/202229/04/2022FrenchPDF
Full model31/12/202128/04/202229/04/2022DutchPDF
Full model31/12/202029/04/202107/07/2021DutchPDF
Full model31/12/202029/04/202107/07/2021FrenchPDF
Full model31/12/201930/04/202019/05/2020DutchPDF
Full model31/12/201930/04/202019/05/2020FrenchPDF
Full model31/12/201823/04/201908/05/2019DutchPDF
Full model31/12/201823/04/201908/05/2019FrenchPDF
Full model31/12/201717/05/201828/05/2018DutchPDF
Full model31/12/201717/05/201828/05/2018FrenchPDF
Full model31/12/201627/04/201729/05/2017DutchPDF
Full model31/12/201627/04/201729/05/2017FrenchPDF
Full model31/12/201503/05/201601/06/2016DutchPDF
Full model31/12/201503/05/201601/06/2016FrenchPDF
Full model31/12/201408/05/201526/05/2015DutchPDF
Full model31/12/201408/05/201526/05/2015FrenchPDF

View all 101 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 55 ended

Active mandates

HIGHBURY

Managing director · since 25 avril 2024 · until 25 avril 2030 · 0832.137.660

Represented by Joris ROME

Active
Jean-François VRYENS

Managing director · since 25 avril 2024 · until 25 avril 2030

Active
Alain HUBERTY

Director · since 28 avril 2022 · until 27 avril 2028

Active
Philippe VANDEURZEN

Director · since 28 avril 2022 · until 27 avril 2028

Active

Ended mandates

HIGHBURY

Director · since 25 avril 2024 · until 25 avril 2030 · 0832.137.660

Represented by Joris ROME

Ended
HIGHBURY

Director · since 25 avril 2024 · until 25 avril 2030 · 0832.137.660

Represented by Joris ROME

Ended
HIGHBURY

Director · since 17 mai 2018 · until 25 avril 2024 · 0832.137.660

Represented by Joris ROME

Ended
HIGHBURY

Managing director · since 17 mai 2018 · until 25 avril 2024 · 0832.137.660

Represented by Joris ROME

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office13/01/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares29/11/2023
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/10/2016
    ONTSLAGEN - BENOEMINGEN
    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 2025-13,4 k €
  2. 2024
    Annual accounts 2024-16,1 k €
  3. 2023
    Annual accounts 2023-31,7 k €
  4. 2022
    Annual accounts 202264,1 k €
  5. 2021
    Annual accounts 202115 k €
  6. 2020
    Annual accounts 2020-71,6 k €
  7. 2019
    Annual accounts 20191,6 k €
  8. 2018
    Annual accounts 2018-70,7 k €
  9. 2017
    Annual accounts 2017146,2 k €
  10. 2016
    Annual accounts 201638 k €
  11. 2015
    Annual accounts 201571,2 k €
  12. 2014
    Annual accounts 201424,2 k €
  13. 2013
    Annual accounts 20133 k €
  14. 2012
    Annual accounts 201213,5 k €
  15. 2011
    Annual accounts 201188,6 k €
  16. 2010
    Annual accounts 2010228,7 k €
  17. 2009
    Annual accounts 2009153,3 k €
  18. 2008
    Annual accounts 2008140,7 k €
  19. 2007
    Annual accounts 20078 M €
  20. 2006
    Annual accounts 20065,3 M €
  21. 03/06/1920
    IncorporationPublic limited company