ACTIVE

INDUMAT

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Financial year 2025 · closed on 31/12/2025

Net result

32,2 k €

+137.9% YoY

Gross margin

222,5 k €

-2.7% YoY

Equity

245,1 k €

+15.1% YoY

Workforce

2,5 ETP

-3.8% YoY

What does INDUMAT do?

INDUMAT is a Public limited company incorporated in 1992. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Bruxelles. It employs on average 2,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.842.673

Incorporation

31/03/1992

Legal form

Public limited company

Registered office

Rue Drootbeek 42-44
1020 Bruxelles · BruxellesSee on map

Contributed capital

125 000,00 €

Latest accounts

31/12/2025

Average workforce

2,5 ETP

Activities (NACE)

46649Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46699Wholesale of other machinery and equipment 51872Air transport 51873Air transport

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	222,5 k €	-2.7%	228,8 k €	-0.3%	229,4 k €	-10.8%	257,3 k €	+17.9%	218,2 k €	-21.5%	277,8 k €	+3.8%	267,6 k €	-0.2%	268,2 k €	-9.0%	294,8 k €	+9.1%	270,2 k €	-15.2%	318,8 k €	+28.4%	248,4 k €	-3.0%	256 k €	+5.5%	242,7 k €	+2.0%	238 k €	+6.5%	223,4 k €	-10.4%	249,4 k €	+31.5%	189,7 k €	-6.2%	202,1 k €	+10.9%	182,2 k €
EBITDA	84,1 k €	+2.8%	81,8 k €	+35.1%	60,6 k €	-13.8%	70,3 k €	+12.2%	62,7 k €	-18.3%	76,7 k €	-0.1%	76,8 k €	+108%	37 k €	-62.8%	99,4 k €	+32.0%	75,3 k €	-11.2%	84,8 k €	+61.5%	52,5 k €	-20.2%	65,8 k €	+17.2%	56,1 k €	-20.2%	70,3 k €	+148%	28,3 k €	-55.1%	63,1 k €	+0.2%	62,9 k €	-13.2%	72,5 k €	+24.2%	58,4 k €
Operating result	73,3 k €	+9.8%	66,8 k €	+50.8%	44,3 k €	-16.9%	53,2 k €	+25.0%	42,6 k €	-22.5%	55 k €	+4.6%	52,6 k €	+176%	19 k €	-72.4%	69 k €	+26.0%	54,7 k €	+1.3%	54 k €	+41.2%	38,3 k €	-24.0%	50,3 k €	+63.2%	30,8 k €	-40.5%	51,8 k €	+236%	15,4 k €	-66.0%	45,3 k €	+1.5%	44,7 k €	-12.0%	50,8 k €	+23.9%	41 k €
Net result	32,2 k €	+138%	13,5 k €	+430%	2,5 k €	-48.0%	4,9 k €	+1128%	399,1 €	-97.9%	18,7 k €	+129%	8,2 k €	+15.6%	7,1 k €	-38.4%	11,4 k €	+285%	3 k €	-62.6%	8 k €	+192%	2,7 k €	+104%	1,3 k €	+84.7%	724,7 €	-50.9%	1,5 k €	+109%	-16,8 k €	-809%	2,4 k €	+28.8%	1,8 k €	+33.5%	1,4 k €	-68.4%	4,4 k €
Balance sheet
Equity	245,1 k €	+15.1%	212,9 k €	+6.8%	199,4 k €	+1.3%	196,8 k €	+2.6%	191,9 k €	+0.2%	191,6 k €	+10.8%	172,8 k €	+5.0%	164,7 k €	+4.5%	157,6 k €	+7.8%	146,2 k €	+2.1%	143,2 k €	+29.9%	110,2 k €	+2.5%	107,5 k €	+56.6%	68,7 k €	+1.1%	67,9 k €	+2.2%	66,5 k €	-20.2%	83,3 k €	+2.9%	80,9 k €	+2.3%	79,1 k €	+1.8%	77,7 k €
Total assets	520,6 k €	-3.7%	540,6 k €	-21.4%	688,1 k €	-13.2%	792,4 k €	+3.7%	763,8 k €	-2.2%	780,7 k €	-6.2%	832,3 k €	-3.0%	858,4 k €	+8.9%	788,6 k €	+5.4%	748,2 k €	-12.2%	852,1 k €	+4.1%	818,8 k €	+12.4%	728,6 k €	+4.8%	695,4 k €	-2.6%	713,7 k €	+20.6%	591,9 k €	+4.0%	569,1 k €	-7.2%	613,1 k €	+29.0%	475,3 k €	+5.8%	449,4 k €
Cash	53,3 k €	+16.8%	45,6 k €	-29.7%	64,9 k €	-49.5%	128,4 k €	-8.6%	140,5 k €	-44.0%	251 k €	+16.2%	215,9 k €	+41.7%	152,4 k €	+6.7%	142,8 k €	-15.0%	167,9 k €	+10.3%	152,2 k €	+75.5%	86,7 k €	+1.6%	85,3 k €	+60.0%	53,3 k €	-23.9%	70,1 k €	+40.3%	50 k €	-40.2%	83,5 k €	-35.9%	130,2 k €	+5004%	2,6 k €	+76.3%	1,4 k €
Debts	275,5 k €	-13.1%	316,8 k €	-35.2%	488,7 k €	-17.9%	595,5 k €	+4.1%	571,9 k €	-2.9%	589,2 k €	-10.3%	656,7 k €	-5.3%	693,8 k €	+10.0%	631 k €	+4.8%	602 k €	-15.1%	708,9 k €	+0.0%	708,5 k €	+14.1%	621,1 k €	-0.9%	626,8 k €	-2.9%	645,7 k €	+22.9%	525,4 k €	+8.8%	482,8 k €	-8.9%	530,1 k €	+34.2%	395,1 k €	+6.3%	371,7 k €
Other
Workforce	2,5 ETP	-3.8%	2,6 ETP	-25.7%	3,5 ETP		–		3,3 ETP	-8.3%	3,6 ETP		–		5,4 ETP	+1.9%	5,3 ETP	0.0%	5,3 ETP	-1.9%	5,4 ETP	+8.0%	5,0 ETP	-2.0%	5,1 ETP	+4.1%	4,9 ETP	-10.9%	5,5 ETP	-8.3%	6,0 ETP	0.0%	6,0 ETP	+15.4%	5,2 ETP	+23.8%	4,2 ETP	+23.5%	3,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

Giliam Rosseel

Director · since 04 septembre 2015

Active

Aline Rosseel

Director · since 01 juillet 2012

Active

Andre Georges Rosseel

Managing director · since 07 avril 1992

Active

Ended mandates

ALINE ROSSEEL

Director · since 01 juillet 2012 · until 01 juillet 2018

Ended

ANDRE GEORGES ROSSEEL

Managing director · since 01 juillet 2012 · until 01 juillet 2018

Ended

ANDRE GEORGES ROSSEEL

Managing director · since 01 juillet 2012

Ended

André Rosseel

Managing director · since 17 septembre 2009

Ended

At this address

Other companies at this address

Company	CBE no.
ROWI● Active	0446.842.772

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro 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	29/05/2026	06/05/2025	24/04/2024	30/06/2023	23/06/2022	30/07/2021
General meeting	26/05/2026	02/04/2025	03/04/2024	05/04/2023	06/04/2022	07/04/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged modelCorrection	31/12/2025	26/05/2026	29/05/2026	French	PDF
Abridged model	31/12/2025	26/05/2026	27/05/2026	French	PDF
Abridged model	31/12/2024	02/04/2025	06/05/2025	Dutch	PDF
Abridged model	31/12/2023	03/04/2024	24/04/2024	French	PDF
Micro model	31/12/2022	05/04/2023	30/06/2023	French	PDF
Abridged model	31/12/2021	06/04/2022	23/06/2022	French	PDF
Abridged model	31/12/2020	07/04/2021	30/07/2021	French	PDF
Abridged model	31/12/2019	01/04/2020	07/08/2020	French	PDF
Abridged model	31/12/2018	03/04/2019	28/08/2019	French	PDF
Abridged model	31/12/2017	04/04/2018	11/07/2018	French	PDF
Abridged model	31/12/2016	05/04/2017	07/06/2017	French	PDF
Abridged model	31/12/2015	06/04/2016	30/06/2016	French	PDF
Abridged model	31/12/2014	07/04/2015	05/06/2015	French	PDF
Abridged model	31/12/2013	02/04/2014	24/07/2014	French	PDF
Abridged model	31/12/2012	03/04/2013	12/08/2013	French	PDF
Abridged model	31/12/2011	04/04/2012	11/05/2012	French	PDF
Abridged model	31/12/2010	06/04/2011	01/06/2011	French	PDF
Abridged model	31/12/2009	07/04/2010	06/07/2010	French	PDF
Abridged model	31/12/2008	01/04/2009	11/08/2009	French	PDF
Abridged model	31/12/2007	25/06/2008	15/07/2008	French	PDF
Abridged model	31/12/2006	06/06/2007	04/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active · 9 ended

Active mandates

Giliam Rosseel

Director · since 04 septembre 2015

Active

Aline Rosseel

Director · since 01 juillet 2012

Active

Andre Georges Rosseel

Managing director · since 07 avril 1992

Active

Ended mandates

ALINE ROSSEEL

Director · since 01 juillet 2012 · until 01 juillet 2018

Ended

ANDRE GEORGES ROSSEEL

Managing director · since 01 juillet 2012 · until 01 juillet 2018

Ended

ANDRE GEORGES ROSSEEL

Managing director · since 01 juillet 2012

Ended

André Rosseel

Managing director · since 17 septembre 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other11/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other11/07/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/03/2022
DEMISSIONS, NOMINATIONS
PDF
Capital / shares15/09/2015
KAPITAAL - AANDELEN
PDF
Mandates15/09/2015
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares02/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares02/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates18/03/2013
DEMISSIONS, NOMINATIONS
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 202532,2 k €↑
2025
Name changeIndumat (oud)
2024
Annual accounts 202413,5 k €↑
2023
Annual accounts 20232,5 k €↓
2022
Annual accounts 20224,9 k €↑
2021
Annual accounts 2021399,1 €↓
2021
Name changeIndumat
2020
Annual accounts 202018,7 k €↑
2019
Annual accounts 20198,2 k €↑
2018
Annual accounts 20187,1 k €↓
2017
Annual accounts 201711,4 k €↑
2016
Annual accounts 20163 k €↓
2015
Annual accounts 20158 k €↑
2014
Annual accounts 20142,7 k €↑
2013
Annual accounts 20131,3 k €↑
2012
Annual accounts 2012724,7 €↓
2011
Annual accounts 20111,5 k €↑
2010
Annual accounts 2010-16,8 k €↓
2009
Annual accounts 20092,4 k €↑
2008
Annual accounts 20081,8 k €↑
2007
Annual accounts 20071,4 k €↓
2006
Annual accounts 20064,4 k €
31/03/1992
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

INDUMAT

Overview

What does INDUMAT 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