ACTIVE

INDUCAM

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Financial year 2025 · Closed on 31/12/2025

Net result236,3 k €-73,7 %over 1 year

Gross margin-226,6 k €+13,6 %over 1 year

Equity25 M €+1,0 %over 1 year

Workforce2,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

INDUCAM is a Public limited company incorporated in 1992. Its main activity is: Activities of holding companies. Its registered office is in Kontich. It employs on average 2,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0447.471.292
Incorporation: 19/05/1992
Legal form: Public limited company
Registered office: Prins Boudewijnlaan 7b box 202
2550 Kontich · FlandreSee on map
Contributed capital: 241 900,36 €
Latest accounts: 31/12/2025
Average workforce: 2,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities 74151Specialised design activities+3

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-226,6 k €	+13.6%	-262,2 k €	-76.1%	-148,9 k €	-61.3%	-92,3 k €	-48.6%	-62,1 k €
EBITDA	-319,4 k €	+9.2%	-351,7 k €	-50.5%	-233,8 k €	+4.3%	-244,4 k €	-36.4%	-179,1 k €
Operating result	-289,1 k €	+57.7%	-684,2 k €	-164%	-258,9 k €	+6.3%	-276,4 k €	-30.9%	-211,2 k €
Net result	236,3 k €	-73.7%	897,2 k €	+123%	401,7 k €	+461%	71,6 k €	-67.7%	221,4 k €
Balance sheet
Equity	25 M €	+1.0%	24,8 M €	+3.8%	23,9 M €	+1.7%	23,5 M €	+0.3%	23,4 M €
Total assets	25,4 M €	+0.3%	25,4 M €	+5.6%	24 M €	+1.7%	23,6 M €	+0.3%	23,5 M €
Cash	2,2 M €	+23.8%	1,8 M €	-38.9%	2,9 M €	-26.0%	4 M €	-27.9%	5,5 M €
Debts	387,8 k €	-25.6%	521 k €	+372%	110,4 k €	+0.8%	109,4 k €	+10.4%	99,1 k €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-28.6%	2,8 ETP	0.0%	2,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Geert Emile Pinnock	Director01/11/2025 → 02/06/2031
AC KOR0791.861.874Represented by Astrid Carbonez	Director01/01/2023 → 01/06/2029
Luc Carbonez	Director05/05/2017 → 01/06/2029
Franky Redjy Carbonez	Managing director30/06/2008 → 02/06/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Astrid Carbonez	Director14/07/2018 → 2019 accounts
Franky Carbonez	Managing director06/06/2014 → 2017 accounts

Other companies at this address

Prins Boudewijnlaan 7b 2550 Kontich

Company	CBE no.
Mawdsley-Brooks Europe● Active	0795.892.621
NADIMED● Active	0859.727.529

Full financial information

Source · NBB

	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	29/08/2025	16/08/2024	31/08/2023	25/07/2022	30/07/2021
General meeting	30/06/2026	30/07/2025	15/07/2024	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

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	30/07/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	15/07/2024	16/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	25/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	21/10/2020	26/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	26/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	20/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	27/07/2012	Dutch	PDF
Abridged modelCorrection	31/12/2010	30/06/2011	09/08/2011	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	22/07/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	30/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Geert Emile Pinnock	Director01/11/2025 → 02/06/2031
AC KOR0791.861.874Represented by Astrid Carbonez	Director01/01/2023 → 01/06/2029
Luc Carbonez	Director05/05/2017 → 01/06/2029
Franky Redjy Carbonez	Managing director30/06/2008 → 02/06/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Astrid Carbonez	Director14/07/2018 → 2019 accounts
Franky Carbonez	Managing director06/06/2014 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/03/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring13/08/2018
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Geert Emile Pinnock

AC KOR

Luc Carbonez

Franky Redjy Carbonez

Astrid Carbonez

KORTECH

Franky Carbonez

Marianne De Backer

Kortech

1992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

INDUCAM

Prins Boudewijnlaan 7b bte 202, 2550 Kontich

Director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Prins Boudewijnlaan 7b bte 202, 2550 KontichCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00365620

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
INDUCAMCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00365620

Events

2025
Annual accounts 2025236,3 k €↓
2024
Annual accounts 2024897,2 k €↑
2023
Annual accounts 2023401,7 k €↑
2022
Annual accounts 202271,6 k €↓
2021
Annual accounts 2021221,4 k €↓
2020
Annual accounts 20201,5 M €↑
2019
Annual accounts 2019902,5 k €↑
2017
Annual accounts 2017789,9 k €↑
2016
Annual accounts 2016-8 k €↓
2015
Annual accounts 2015461,9 k €↓
2014
Annual accounts 20145,4 M €↑
2013
Annual accounts 2013-723,2 k €↓
2012
Annual accounts 2012330,4 k €↑
2011
Annual accounts 2011-608,6 k €↓
2010
Annual accounts 20101,6 M €↑
2009
Annual accounts 2009619 k €↑
2007
Annual accounts 2007126,6 k €↓
2006
Annual accounts 2006587,9 k €
19/05/1992
IncorporationPublic limited company

INDUCAM

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events