ACTIVE

INSUMAT

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Financial year 2025 · closed on 31/12/2025

Net result

-6,5 k €

+91.1% YoY

Gross margin

658 k €

+23.0% YoY

Equity

2,1 M €

-0.3% YoY

Workforce

1,0 ETP

0.0% YoY

What does INSUMAT do?

INSUMAT is a Public limited company incorporated in 1989. Its main activity is: Buying and selling of own real estate. Its registered office is in Gent. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.119.216

Incorporation

24/03/1989

Legal form

Public limited company

Registered office

Moutstraat 61
9000 Gent · FlandreSee on map

Contributed capital

465 265,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (3)

200
2000
307

Signals

Positive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	658 k €	+23.0%	534,8 k €	+33.2%	401,5 k €	-20.6%	505,4 k €	+21.3%	416,8 k €	-32.5%	617,7 k €	-5.5%	653,8 k €	+26.0%	518,9 k €	-3.3%	536,5 k €	+19.0%	450,8 k €	-4.1%	470,1 k €	+13.9%	412,7 k €	-3.7%	428,8 k €	+86.9%	229,4 k €	+297%	57,9 k €	-6.2%	61,7 k €	-6.6%	66,1 k €	+25.3%	52,7 k €	-34.7%	80,7 k €
EBITDA	562,5 k €	+28.0%	439,6 k €	+3087%	13,8 k €	-96.8%	435,1 k €	+95.0%	223,2 k €	-59.2%	546,7 k €	-10.6%	611,5 k €	+24.1%	492,9 k €	-3.3%	510 k €	+19.7%	426,1 k €	-4.3%	445,3 k €	+14.7%	388,3 k €	-7.1%	418 k €	+91.2%	218,6 k €	+428%	41,4 k €	-24.3%	54,7 k €	-8.3%	59,6 k €	+28.6%	46,4 k €	-35.9%	72,4 k €
Operating result	221,7 k €	+101%	110,2 k €	+137%	-299,4 k €	-243%	209,2 k €	+1102%	17,4 k €	-95.0%	346,8 k €	-18.9%	427,8 k €	+58.1%	270,5 k €	+2.8%	263,3 k €	+13.7%	231,5 k €	-27.7%	320,3 k €	+21.7%	263,1 k €	-12.2%	299,5 k €	+187%	104,3 k €	+309%	25,5 k €	-39.8%	42,3 k €	-10.3%	47,2 k €	+36.4%	34,6 k €	-42.9%	60,6 k €
Net result	-6,5 k €	+91.1%	-73 k €	-132%	226,2 k €	+173%	82,8 k €	+201%	-82 k €	-128%	295 k €	+25.2%	235,7 k €	+94.8%	121 k €	-3.9%	125,8 k €	-46.9%	236,8 k €	+28.0%	184,9 k €	+26.5%	146,2 k €	-12.6%	167,2 k €	+488%	28,4 k €	+14.5%	24,8 k €	-33.7%	37,5 k €	-10.3%	41,8 k €	+37.9%	30,3 k €	-31.4%	44,2 k €
Balance sheet
Equity	2,1 M €	-0.3%	2,1 M €	-3.4%	2,2 M €	+11.8%	1,9 M €	-4.3%	2 M €	-17.3%	2,4 M €	+11.8%	2,2 M €	+12.2%	1,9 M €	+6.7%	1,8 M €	+7.4%	1,7 M €	+16.3%	1,5 M €	+14.6%	1,3 M €	+7.9%	1,2 M €	+16.6%	1 M €	+75.0%	575,9 k €	+4.5%	551,1 k €	+7.3%	513,6 k €	+8.9%	471,8 k €	+6.9%	441,5 k €
Total assets	9,7 M €	-4.4%	10,2 M €	-2.7%	10,4 M €	+52.4%	6,8 M €	+6.9%	6,4 M €	+62.8%	3,9 M €	+12.4%	3,5 M €	+7.8%	3,2 M €	+2.7%	3,2 M €	+5.2%	3 M €	+20.2%	2,5 M €	+8.3%	2,3 M €	+2.9%	2,2 M €	+11.5%	2 M €	+221%	627,6 k €	+4.6%	600 k €	+8.3%	554 k €	+6.5%	520,4 k €	+0.6%	517,3 k €
Cash	50,3 k €	-58.2%	120,1 k €	+248%	34,6 k €	-69.5%	113,3 k €	-41.6%	194 k €	-77.0%	845 k €	+241%	247,6 k €	+82.5%	135,7 k €	+27.6%	106,3 k €	-71.7%	375 k €	-53.1%	799,4 k €	+53.2%	521,9 k €	+63.2%	319,8 k €	+6507%	4,8 k €	-97.6%	202,4 k €	+4.2%	194,2 k €	+129%	84,9 k €	-40.7%	143,1 k €	+878%	14,6 k €
Debts	7,5 M €	-5.4%	7,9 M €	-2.5%	8,1 M €	+70.0%	4,8 M €	+12.3%	4,2 M €	+236%	1,3 M €	+2.9%	1,2 M €	+0.1%	1,2 M €	-2.6%	1,3 M €	+2.7%	1,2 M €	+20.0%	1 M €	+0.5%	1 M €	-4.0%	1,1 M €	+5.7%	999 k €	+18843%	5,3 k €	-3.0%	5,4 k €	+47.2%	3,7 k €	-92.2%	47,2 k €	-35.8%	73,5 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+150%	0,4 ETP		–		0,1 ETP		–		–		–		–		–		0,3 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 27 ended

Active mandates

Alexandre Huyghe

Director · since 21 avril 2016 · until 01 juin 2026

Active

Benoît Huyghe

Director · since 21 avril 2016 · until 01 juin 2026

Active

Patrick Huyghe

Managing director · since 21 avril 2016 · until 01 juin 2026

Active

Sophie Maes

Managing director · since 21 avril 2016 · until 01 juin 2026

Active

Ended mandates

Alexandre Huyghe

Director · since 21 avril 2016 · until 21 avril 2022

Ended

Alexandre Huyghe

Director · since 21 avril 2016 · until 16 avril 2026

Ended

Benoît Huyghe

Director · since 21 avril 2016 · until 21 avril 2022

Ended

Benoît Huyghe

Director · since 21 avril 2016 · until 16 avril 2026

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	30/06/2026	17/07/2025	22/07/2024	09/10/2023	31/08/2022	14/07/2021
General meeting	01/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	22/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	09/10/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	14/07/2021	Dutch	PDF
Abridged model	31/12/2019	16/04/2020	16/04/2020	Dutch	PDF
Abridged model	31/12/2018	18/04/2019	13/05/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	06/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	07/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	05/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	01/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	12/07/2011	Dutch	PDF
Abridged model	31/12/2009	15/04/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	16/04/2009	16/07/2009	Dutch	PDF
Abridged model	31/12/2007	17/04/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	26/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 27 ended

Active mandates

Alexandre Huyghe

Director · since 21 avril 2016 · until 01 juin 2026

Active

Benoît Huyghe

Director · since 21 avril 2016 · until 01 juin 2026

Active

Patrick Huyghe

Managing director · since 21 avril 2016 · until 01 juin 2026

Active

Sophie Maes

Managing director · since 21 avril 2016 · until 01 juin 2026

Active

Ended mandates

Alexandre Huyghe

Director · since 21 avril 2016 · until 21 avril 2022

Ended

Alexandre Huyghe

Director · since 21 avril 2016 · until 16 avril 2026

Ended

Benoît Huyghe

Director · since 21 avril 2016 · until 21 avril 2022

Ended

Benoît Huyghe

Director · since 21 avril 2016 · until 16 avril 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/06/2020
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/06/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/06/2011
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/11/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/04/2010
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

2025
Annual accounts 2025-6,5 k €↑
2024
Annual accounts 2024-73 k €↓
2023
Annual accounts 2023226,2 k €↑
2022
Annual accounts 202282,8 k €↑
2021
Annual accounts 2021-82 k €↓
2019
Annual accounts 2019295 k €↑
2018
Annual accounts 2018235,7 k €↑
2017
Annual accounts 2017121 k €↓
2016
Annual accounts 2016125,8 k €↓
2015
Annual accounts 2015236,8 k €↑
2014
Annual accounts 2014184,9 k €↑
2013
Annual accounts 2013146,2 k €↓
2012
Annual accounts 2012167,2 k €↑
2011
Annual accounts 201128,4 k €↑
2010
Annual accounts 201024,8 k €↓
2009
Annual accounts 200937,5 k €↓
2008
Annual accounts 200841,8 k €↑
2007
Annual accounts 200730,3 k €↓
2006
Annual accounts 200644,2 k €
24/03/1989
IncorporationPublic 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

INSUMAT

Overview

What does INSUMAT do?

Trend over 19 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