ACTIVE

INDEJO

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Financial year 2025 · closed on 31/12/2025

Net result

709,5 k €

+0.2% YoY

Gross margin

1 M €

-4.5% YoY

Equity

14,5 M €

+5.2% YoY

What does INDEJO do?

INDEJO is a Public limited company incorporated in 1990. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.588.540

Incorporation

03/08/1990

Legal form

Public limited company

Registered office

Van Schoonbekestraat 35
2018 Antwerpen · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 64200Activities of holding companies 64210Activities of holding companies

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1 M €	-4.5%	1,1 M €	+14.3%	954,9 k €	+7.1%	891,5 k €	+20.9%	737,2 k €	-7.7%	798,4 k €	-6.7%	856,1 k €		–		–		–		–		–		–		–		–		81,2 k €	-7.8%	88 k €	-11.4%	99,4 k €	-10.8%	111,4 k €	+14.1%	97,6 k €
EBITDA	935,8 k €	-5.5%	990,1 k €	+17.2%	844,7 k €	+25.8%	671,3 k €	+31.8%	509,3 k €	+5.3%	483,5 k €	+12.9%	428,3 k €	+15.6%	370,5 k €	+34.7%	275,1 k €	-52.1%	574,5 k €	+565%	86,3 k €	-29.3%	122,2 k €	+45.3%	84,1 k €	-4.8%	88,3 k €	+3243%	2,6 k €	-96.4%	73,2 k €	-8.4%	79,9 k €	-11.6%	90,3 k €	-12.0%	102,7 k €	+15.2%	89,1 k €
Operating result	712,8 k €	-3.1%	735,3 k €	+20.7%	609 k €	+49.1%	408,4 k €	+73.5%	235,4 k €	+15.6%	203,6 k €	+44.8%	140,6 k €	+40.3%	100,3 k €	+301%	25 k €	-93.5%	384,4 k €	+538%	-87,9 k €	-3691%	2,4 k €	-90.6%	26,2 k €	-63.8%	72,3 k €	+212%	-64,3 k €	-207%	60,3 k €	-10.0%	67 k €	+1.4%	66,1 k €	+3.5%	63,8 k €	+27.0%	50,2 k €
Net result	709,5 k €	+0.2%	708,4 k €	+61.8%	437,9 k €	+71.8%	254,9 k €	-93.9%	4,2 M €	+3868%	104,9 k €	-45.9%	194 k €	+25.3%	154,8 k €	-98.5%	10,4 M €	+3301%	305 k €	+192%	104,6 k €	+79.7%	58,2 k €	-83.5%	352,1 k €	+11332%	3,1 k €	+104%	-74 k €	-248%	49,9 k €	-11.7%	56,6 k €	+5.8%	53,5 k €	+42.1%	37,6 k €	-6.3%	40,1 k €
Balance sheet
Equity	14,5 M €	+5.2%	13,8 M €	+5.4%	13,1 M €	-8.0%	14,2 M €	+1.8%	13,9 M €	+18.1%	11,8 M €	+0.9%	11,7 M €	+1.7%	11,5 M €	+1.4%	11,3 M €	+152%	4,5 M €	+7.3%	4,2 M €	+3.5%	4 M €	+1.5%	4 M €	+9.7%	3,6 M €	+0.1%	3,6 M €	-2.0%	3,7 M €	+237%	1,1 M €	+5.4%	1 M €	+5.4%	987,4 k €	+4.0%	949,7 k €
Total assets	15 M €	+4.3%	14,3 M €	+2.7%	14 M €	-8.7%	15,3 M €	+0.0%	15,3 M €	+18.4%	12,9 M €	-0.8%	13 M €	-0.4%	13,1 M €	-27.1%	17,9 M €	+63.2%	11 M €	+22.1%	9 M €	+11.4%	8,1 M €	+12.0%	7,2 M €	+7.2%	6,7 M €	+8.8%	6,2 M €	+26.8%	4,9 M €	+270%	1,3 M €	+4.6%	1,3 M €	-2.5%	1,3 M €	-2.2%	1,3 M €
Cash	640,1 k €	+80.8%	354 k €	+380%	73,8 k €	-98.6%	5,1 M €	-16.4%	6,1 M €	+189%	2,1 M €	+31.1%	1,6 M €	-23.7%	2,1 M €	-65.2%	6,1 M €	+13267%	45,4 k €	+100%	22,7 k €	-35.1%	34,9 k €	-78.7%	164 k €	+429%	31 k €	+3.0%	30,1 k €	-87.1%	234 k €	+128%	102,6 k €	+223%	31,8 k €	-20.9%	40,2 k €	+42.2%	28,3 k €
Debts	420,8 k €	-18.3%	515,3 k €	-38.6%	839,6 k €	-23.8%	1,1 M €	-18.9%	1,4 M €	+21.0%	1,1 M €	-15.7%	1,3 M €	-15.7%	1,6 M €	-76.1%	6,6 M €	+1.5%	6,5 M €	+35.1%	4,8 M €	+21.2%	4 M €	+23.1%	3,2 M €	+4.3%	3,1 M €	+21.1%	2,6 M €	+118%	1,2 M €	+431%	221,1 k €	+0.6%	219,7 k €	-28.1%	305,4 k €	-18.0%	372,5 k €
Other
Workforce	–		–		0,0 ETP	-100%	1,4 ETP	-6.7%	1,5 ETP	-42.3%	2,6 ETP	-39.5%	4,3 ETP	+7.5%	4,0 ETP	0.0%	4,0 ETP	+11.1%	3,6 ETP	-21.7%	4,6 ETP	+7.0%	4,3 ETP	-17.3%	5,2 ETP	+30.0%	4,0 ETP	+60.0%	2,5 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 27 ended

Active mandates

An Vanderhoydonck

Director · since 24 novembre 2017

Active

Nicolaas Vanderhoydonck

Director · since 24 novembre 2017

Active

Thomas Vanderhoydonck

Director · since 24 novembre 2017

Active

Pieter Vanderhoydonck

Director · since 01 octobre 2011

Active

Joannes Karel Vanderhoydonck

Managing director · since 15 octobre 1996

Active

Ended mandates

An Vanderhoydonck

Director · since 31 mai 2021 · until 30 mai 2027

Ended

Joannes Vanderhoydonck

Managing director · since 31 mai 2021 · until 30 mai 2027

Ended

Nicolaas Vanderhoydonck

Director · since 31 mai 2021 · until 30 mai 2027

Ended

Pieter Vanderhoydonck

Director · since 31 mai 2021 · until 30 mai 2027

Ended

At this address

Other companies at this address

Company	CBE no.
DOSSIERS DIAC● Active	0525.879.164
Simonsebrug● Active	0663.555.818

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	31/07/2026	30/08/2025	22/06/2024	31/08/2023	27/06/2022	16/06/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	31/05/2023	31/05/2022	31/05/2021
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

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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	29/05/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	30/08/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	22/06/2024	Dutch	PDF
Abridged model	31/12/2022	31/05/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	31/05/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	16/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	02/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	11/07/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	25/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	06/02/2018	Dutch	PDF
Full model	31/12/2015	30/06/2016	11/08/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	27/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	17/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	27/08/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	28/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 5 active · 27 ended

Active mandates

An Vanderhoydonck

Director · since 24 novembre 2017

Active

Nicolaas Vanderhoydonck

Director · since 24 novembre 2017

Active

Thomas Vanderhoydonck

Director · since 24 novembre 2017

Active

Pieter Vanderhoydonck

Director · since 01 octobre 2011

Active

Joannes Karel Vanderhoydonck

Managing director · since 15 octobre 1996

Active

Ended mandates

An Vanderhoydonck

Director · since 31 mai 2021 · until 30 mai 2027

Ended

Joannes Vanderhoydonck

Managing director · since 31 mai 2021 · until 30 mai 2027

Ended

Nicolaas Vanderhoydonck

Director · since 31 mai 2021 · until 30 mai 2027

Ended

Pieter Vanderhoydonck

Director · since 31 mai 2021 · until 30 mai 2027

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2017
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/05/2017
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring14/01/2016
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/10/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates20/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/05/2012
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 2025709,5 k €↑
2024
Annual accounts 2024708,4 k €↑
2023
Annual accounts 2023437,9 k €↑
2022
Annual accounts 2022254,9 k €↓
2021
Annual accounts 20214,2 M €↑
2020
Annual accounts 2020104,9 k €↓
2019
Annual accounts 2019194 k €↑
2018
Annual accounts 2018154,8 k €↓
2017
Annual accounts 201710,4 M €↑
2016
Annual accounts 2016305 k €↑
2015
Annual accounts 2015104,6 k €↑
2014
Annual accounts 201458,2 k €↓
2013
Annual accounts 2013352,1 k €↑
2012
Annual accounts 20123,1 k €↑
2011
Annual accounts 2011-74 k €↓
2010
Annual accounts 201049,9 k €↓
2009
Annual accounts 200956,6 k €↑
2008
Annual accounts 200853,5 k €↑
2007
Annual accounts 200737,6 k €↓
2006
Annual accounts 200640,1 k €
03/08/1990
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

INDEJO

Overview

What does INDEJO do?

Trend over 20 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