ACTIVE

Inhu

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Financial year 2025 · closed on 31/12/2025

Net result

754 k €

+169.3% YoY

Gross margin

405,2 k €

+1039.3% YoY

Equity

3,5 M €

+16.6% YoY

Workforce

0,0 ETP

What does Inhu do?

Inhu is a Private limited company incorporated in 1982. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.655.517

Incorporation

30/11/1982

Legal form

Private limited company

Registered office

Peter Benoitstraat 15
2018 Antwerpen · FlandreSee on map

Contributed capital

24 800,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	405,2 k €	+1039%	35,6 k €	-71.8%	125,9 k €	-14.3%	147 k €	+8.5%	135,5 k €	+16.6%	116,2 k €	+108%	55,9 k €	-44.0%	99,8 k €	+18.4%	84,3 k €	+25.2%	67,4 k €	-14.2%	78,5 k €	+56.0%	50,3 k €	+2.0%	49,3 k €	+15.7%	42,6 k €	-17.2%	51,5 k €	+28.5%	40,1 k €	+120%	18,2 k €
EBITDA	394,3 k €	+1763%	21,2 k €	-81.7%	115,9 k €	-15.9%	137,8 k €	+8.9%	126,6 k €	+16.8%	108,4 k €	+71.9%	63 k €	-27.1%	86,5 k €	+16.7%	74,1 k €	+71.3%	43,3 k €	-29.5%	61,4 k €	+46.6%	41,9 k €	+7.1%	39,1 k €	+5.5%	37,1 k €	-12.8%	42,5 k €	+19.5%	35,6 k €	+150%	14,2 k €
Operating result	355,4 k €	+1503%	-25,3 k €	-143%	58,9 k €	-26.4%	80 k €	+26.3%	63,4 k €	+33.2%	47,6 k €	+302%	11,8 k €	-69.2%	38,4 k €	+3.7%	37,1 k €	+329%	8,6 k €	-75.4%	35,1 k €	+225%	10,8 k €	+37.1%	7,9 k €	-38.0%	12,7 k €	+157%	5 k €	-54.2%	10,8 k €	+81.0%	6 k €
Net result	754 k €	+169%	280 k €	-45.9%	517,4 k €	+235%	154,6 k €	+286%	40 k €	-81.3%	213,9 k €	-29.7%	304,3 k €	-3.7%	316,2 k €	+29.7%	243,7 k €	+54.4%	157,8 k €	+35.8%	116,2 k €	+215%	36,9 k €	-21.2%	46,9 k €	-24.8%	62,3 k €	-29.9%	88,8 k €	-30.8%	128,4 k €	+17.1%	109,6 k €
Balance sheet
Equity	3,5 M €	+16.6%	3 M €	+4.5%	2,9 M €	+14.4%	2,5 M €	+6.5%	2,4 M €	-0.7%	2,4 M €	+9.8%	2,2 M €	+7.6%	2 M €	+18.4%	1,7 M €	+16.5%	1,5 M €	+12.0%	1,3 M €	+70.2%	775,1 k €	+5.0%	738,1 k €	+6.8%	691,3 k €	+9.9%	629 k €	+16.4%	540,2 k €	+31.2%	411,8 k €
Total assets	4 M €	+9.9%	3,6 M €	+3.2%	3,5 M €	+15.2%	3 M €	+2.3%	3 M €	+0.5%	3 M €	+4.8%	2,8 M €	+7.1%	2,6 M €	+8.9%	2,4 M €	+0.1%	2,4 M €	+1.5%	2,4 M €	+35.1%	1,8 M €	+2.3%	1,7 M €	+0.1%	1,7 M €	-6.2%	1,8 M €	+12.2%	1,6 M €	+53.6%	1,1 M €
Cash	648,3 k €	+30.5%	496,7 k €	-23.2%	646,9 k €	+265%	177,4 k €	+164%	67,2 k €	-46.6%	125,7 k €	-36.6%	198,2 k €	+323%	46,9 k €	+46.8%	31,9 k €	+31.8%	24,2 k €	-67.3%	74,1 k €	+187%	25,8 k €	+80.7%	14,3 k €	+27.0%	11,3 k €	+475%	2 k €	-6.2%	2,1 k €	-69.1%	6,8 k €
Debts	361,9 k €	-35.4%	560,6 k €	-1.8%	571 k €	+21.5%	469,9 k €	-14.3%	548 k €	+9.9%	498,6 k €	-12.5%	570 k €	+11.6%	510,8 k €	-15.2%	602,1 k €	-27.3%	828 k €	-13.7%	959 k €	+8.9%	880,7 k €	+0.5%	876,7 k €	-4.3%	916 k €	-15.6%	1,1 M €	+11.5%	973,6 k €	+84.8%	526,9 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Ajax Real Estate

Director · since 28 décembre 2023 · 0804.528.193

Represented by Axel Ceusters

Active

Ingrid Ceusters-Luyten

Director

Active

Ended mandates

Axel Ceusters

Manager · since 02 juillet 2012

Ended

Emmanuel Ceusters

Manager · since 02 juillet 2012

Ended

Axel Ceusters

Manager · since 15 décembre 2007 · until 30 juin 2008

Ended

Axel Ceusters

Manager · until 21 juin 2016

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/06/2026	11/06/2025	06/06/2024	13/06/2023	22/06/2022	28/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	03/06/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	11/06/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	06/06/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	13/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	22/06/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	16/06/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	03/07/2019	Dutch	PDF
Abridged model	31/12/2017	12/06/2018	04/07/2018	Dutch	PDF
Abridged model	31/12/2016	11/08/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	21/09/2016	28/09/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	18/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	20/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	05/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	04/11/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	06/11/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	29/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 2 active · 9 ended

Active mandates

Ajax Real Estate

Director · since 28 décembre 2023 · 0804.528.193

Represented by Axel Ceusters

Active

Ingrid Ceusters-Luyten

Director

Active

Ended mandates

Axel Ceusters

Manager · since 02 juillet 2012

Ended

Emmanuel Ceusters

Manager · since 02 juillet 2012

Ended

Axel Ceusters

Manager · since 15 décembre 2007 · until 30 juin 2008

Ended

Axel Ceusters

Manager · until 21 juin 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2013
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring01/06/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/03/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates04/01/2008
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/05/2004
DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025754 k €↑
2024
Annual accounts 2024280 k €↓
2023
Annual accounts 2023517,4 k €↑
2022
Annual accounts 2022154,6 k €↑
2021
Annual accounts 202140 k €↓
2018
Annual accounts 2018213,9 k €↓
2017
Annual accounts 2017304,3 k €↓
2016
Annual accounts 2016316,2 k €↑
2015
Annual accounts 2015243,7 k €↑
2014
Annual accounts 2014157,8 k €↑
2013
Annual accounts 2013116,2 k €↑
2011
Annual accounts 201136,9 k €↓
2010
Annual accounts 201046,9 k €↓
2009
Annual accounts 200962,3 k €↓
2008
Annual accounts 200888,8 k €↓
2007
Annual accounts 2007128,4 k €↑
2006
Annual accounts 2006109,6 k €
30/11/1982
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

Inhu

Overview

What does Inhu do?

Trend over 17 financial years

Indicative valuation

Board of directors

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