ACTIVE

INDUMESS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

17,7 k €

-39.5% YoY

Gross margin

775,1 k €

-3.7% YoY

Equity

676 k €

-1.3% YoY

Workforce

8,5 ETP

+7.6% YoY

What does INDUMESS do?

INDUMESS is a Private limited company incorporated in 1984. Its main activity is: Treatment and coating of metals. Its registered office is in Wielsbeke. It employs on average 8,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.591.350

Incorporation

28/12/1984

Legal form

Private limited company

Registered office

Reynaertstraat 47
8710 Wielsbeke · FlandreSee on map

Contributed capital

36 000,00 €

Latest accounts

31/12/2025

Average workforce

8,5 ETP

Activities (NACE)

25610Treatment and coating of metals· main 25710Manufacture of cutlery 28610Manufacture of machinery and equipment n.e.c.

Joint committees (6)

111
1110
11100
209
2090
20900

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	775,1 k €	-3.7%	804,5 k €	-22.0%	1 M €	+26.4%	815,7 k €	+12.7%	723,9 k €	+3.3%	701 k €	+14.2%	614 k €	-1.7%	624,5 k €	+25.5%	497,7 k €	-11.5%	562,5 k €	-13.5%	650,1 k €	+28.2%	507,2 k €	+6.7%	475,5 k €	+32.2%	359,6 k €	+10.7%	324,7 k €	-18.3%	397,7 k €	+13.6%	350 k €	-1.1%	353,7 k €
EBITDA	214,4 k €	-20.0%	268,1 k €	-42.3%	464,5 k €	+56.6%	296,5 k €	+22.6%	241,9 k €	+14.6%	211,1 k €	+25.0%	168,9 k €	+3.5%	163,2 k €	+21.5%	134,4 k €	-28.3%	187,3 k €	-12.1%	213,1 k €	+61.7%	131,8 k €	-9.5%	145,6 k €	+47.0%	99 k €	+12.5%	88,1 k €	-21.1%	111,6 k €	-28.1%	155,3 k €	-13.9%	180,5 k €
Operating result	56,6 k €	-28.4%	79 k €	-71.5%	277,3 k €	+170%	102,6 k €	+70.8%	60,1 k €	-32.1%	88,4 k €	+25.6%	70,4 k €	+98.6%	35,4 k €	+97.4%	18 k €	-70.9%	61,7 k €	+55.1%	39,8 k €	+415%	7,7 k €	-76.6%	33,1 k €	-17.9%	40,3 k €	+225%	12,4 k €	-44.3%	22,2 k €	-70.0%	74,1 k €	+20.2%	61,7 k €
Net result	17,7 k €	-39.5%	29,3 k €	-82.3%	165,8 k €	+163%	63 k €	+269%	17,1 k €	-69.2%	55,3 k €	+73.2%	31,9 k €	+1941%	-1,7 k €	+84.0%	-10,9 k €	-140%	27,1 k €	+96.8%	13,8 k €	+865%	1,4 k €	-91.4%	16,7 k €	-29.4%	23,6 k €	+682%	3 k €	-58.8%	7,3 k €	-84.4%	47 k €	+25.0%	37,6 k €
Balance sheet
Equity	676 k €	-1.3%	684,6 k €	+4.2%	657,1 k €	+25.2%	524,8 k €	+13.6%	461,8 k €	+25.0%	369,4 k €	+7.7%	343,1 k €	+8.4%	316,6 k €	-5.6%	335,4 k €	-3.3%	346,8 k €	+3.9%	333,8 k €	+4.1%	320,6 k €	+0.3%	319,7 k €	+5.3%	303,6 k €	+8.2%	280,5 k €	+0.9%	278,1 k €	+1.5%	274 k €	+20.5%	227,5 k €
Total assets	1,4 M €	+4.0%	1,3 M €	-10.9%	1,5 M €	-19.1%	1,8 M €	+14.6%	1,6 M €	+0.5%	1,6 M €	+29.2%	1,2 M €	+4.2%	1,2 M €	+6.4%	1,1 M €	-1.7%	1,1 M €	-1.6%	1,1 M €	-6.0%	1,2 M €	+5.6%	1,2 M €	+26.2%	913,1 k €	+20.8%	755,8 k €	-18.3%	924,7 k €	+6.3%	869,6 k €	-6.5%	930,5 k €
Cash	54,2 k €	+105%	26,4 k €	-9.1%	29 k €	-71.4%	101,4 k €	+106%	49,3 k €	+7.1%	46 k €	-56.4%	105,6 k €	+2176%	4,6 k €	-90.6%	49,4 k €	+891%	5 k €		–		21,9 k €	-18.3%	26,8 k €	-57.9%	63,7 k €	+141%	26,4 k €	-12.8%	30,3 k €		–		–
Debts	684,3 k €	+9.4%	625,5 k €	-23.3%	815,1 k €	-37.0%	1,3 M €	+14.9%	1,1 M €	-6.9%	1,2 M €	+37.4%	879,9 k €	+2.9%	854,9 k €	+11.4%	767,7 k €	-0.8%	774,3 k €	-3.9%	805,9 k €	-9.7%	892,5 k €	+7.8%	827,8 k €	+37.4%	602,5 k €	+28.9%	467,3 k €	-26.5%	635,9 k €	+9.2%	582,1 k €	-15.2%	686,2 k €
Other
Workforce	8,5 ETP	+7.6%	7,9 ETP	-16.0%	9,4 ETP	+8.0%	8,7 ETP	+11.5%	7,8 ETP	-15.2%	9,2 ETP	+10.8%	8,3 ETP	+3.8%	8,0 ETP	+27.0%	6,3 ETP	-6.0%	6,7 ETP	-13.0%	7,7 ETP	+13.2%	6,8 ETP	+13.3%	6,0 ETP	+11.1%	5,4 ETP	-10.0%	6,0 ETP	+3.4%	5,8 ETP	+34.9%	4,3 ETP	+19.4%	3,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

IVES VERMEERSCH

Director · since 01 avril 1994

Active

Ended mandates

IVES VERMEERSCH

Manager · since 01 avril 1994

Ended

At this address

Other companies at this address

Company	CBE no.
VECO● Active	1020.173.546

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	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/12/2022	30/12/2021	30/12/2020
Length of the financial year	12 months	12 months	13 months	13 months	13 months	13 months
Filing date	31/07/2026	25/07/2025	09/07/2024	26/07/2023	23/06/2022	28/05/2021
General meeting	30/06/2026	30/06/2025	21/06/2024	30/06/2023	27/05/2022	28/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	09/07/2024	Dutch	PDF
Abridged model	30/12/2022	30/06/2023	26/07/2023	Dutch	PDF
Abridged model	30/12/2021	27/05/2022	23/06/2022	Dutch	PDF
Abridged model	30/12/2020	28/05/2021	28/05/2021	Dutch	PDF
Abridged model	30/12/2019	30/06/2020	30/07/2020	Dutch	PDF
Abridged model	30/12/2018	31/05/2019	28/06/2019	Dutch	PDF
Abridged model	30/12/2017	25/05/2018	10/07/2018	Dutch	PDF
Abridged model	30/12/2016	26/05/2017	30/05/2017	Dutch	PDF
Abridged model	30/12/2015	27/05/2016	15/06/2016	Dutch	PDF
Abridged model	30/12/2014	29/05/2015	30/06/2015	Dutch	PDF
Abridged model	30/12/2013	30/05/2014	17/06/2014	Dutch	PDF
Abridged model	30/12/2012	31/05/2013	27/06/2013	Dutch	PDF
Abridged model	30/12/2011	25/05/2012	27/06/2012	Dutch	PDF
Abridged model	30/12/2010	27/05/2011	10/06/2011	Dutch	PDF
Abridged model	30/12/2009	28/05/2010	23/06/2010	Dutch	PDF
Abridged model	30/12/2008	29/05/2009	24/07/2009	Dutch	PDF
Abridged model	30/12/2007	30/05/2008	02/07/2008	Dutch	PDF
Abridged model	30/12/2006	25/05/2007	21/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 1 ended

Active mandates

IVES VERMEERSCH

Director · since 01 avril 1994

Active

Ended mandates

IVES VERMEERSCH

Manager · since 01 avril 1994

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares09/01/2007
KAPITAAL - AANDELEN - 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 202517,7 k €↓
2024
Annual accounts 202429,3 k €↓
2023
Annual accounts 2023165,8 k €↑
2022
Annual accounts 202263 k €↑
2021
Annual accounts 202117,1 k €↓
2018
Annual accounts 201855,3 k €↑
2017
Annual accounts 201731,9 k €↑
2016
Annual accounts 2016-1,7 k €↑
2015
Annual accounts 2015-10,9 k €↓
2014
Annual accounts 201427,1 k €↑
2013
Annual accounts 201313,8 k €↑
2012
Annual accounts 20121,4 k €↓
2011
Annual accounts 201116,7 k €↓
2010
Annual accounts 201023,6 k €↑
2009
Annual accounts 20093 k €↓
2008
Annual accounts 20087,3 k €↓
2007
Annual accounts 200747 k €↑
2006
Annual accounts 200637,6 k €
28/12/1984
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

INDUMESS

Overview

What does INDUMESS do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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