INDUVEST (SA) — Waasmunster (9250)

Identity

Source · BCE/KBO

INDUVEST is a Public limited company incorporated in 1993. Its main activity is: Buying and selling of own real estate. Its registered office is in Waasmunster.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0449.012.505
Incorporation: 05/01/1993
Legal form: Public limited company
Registered office: Fortenstraat 48
9250 Waasmunster · FlandreSee on map
Contributed capital: 1 250 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 70120Activities of head offices 41101Development of building projects 68121Buying and selling of own real estate 70111Activities of head offices

Joint committees (1)

218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	174,3 k €	+24.7%	139,8 k €	+18.0%	118,4 k €	+20.8%	98,1 k €	+17.1%	83,7 k €
EBITDA	168 k €	+24.8%	134,6 k €	+28.4%	104,8 k €	+14.3%	91,7 k €	+18.0%	77,7 k €
Operating result	75,8 k €	+9.1%	69,5 k €	+22.1%	56,9 k €	-9.0%	62,5 k €	+23.8%	50,5 k €
Net result	28,8 k €	-20.2%	36,1 k €	-4.7%	37,8 k €	+19.3%	31,7 k €	+31.4%	24,1 k €
Balance sheet
Equity	1,2 M €	+2.6%	1,1 M €	+3.3%	1,1 M €	+3.6%	1,1 M €	+3.1%	1 M €
Total assets	2,1 M €	+1.3%	2,1 M €	+1.9%	2,1 M €	+5.4%	2 M €	-23.8%	2,6 M €
Cash	11,1 k €	-45.1%	20,3 k €	+76.5%	11,5 k €	-96.1%	294,4 k €	+107%	142,1 k €
Debts	968,8 k €	-0.1%	969,7 k €	+0.3%	966,7 k €	+7.6%	898,4 k €	-41.5%	1,5 M €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 24 ended

Active mandates

Dieuwke Lerno

Director · since 01 août 2025

Active

Kelly Lardenoit

Director · since 20 septembre 2023 · until 01 août 2025

Active

Manu Lerno

Managing director · since 20 septembre 2023

Active

Theodora Holmgren

Director

Active

Ended mandates

Kelly Lardenoit

Director · since 20 septembre 2023

Ended

Theodora Holmgren

Managing director · since 20 septembre 2023

Ended

Frank Lerno

Director · since 12 juillet 2019 · until 05 septembre 2023

Ended

Frank Lerno

Director · since 12 juillet 2019

Ended

Other companies at this address

Fortenstraat 48 9250 Waasmunster

Company	CBE no.
INTRACORP● Active	0454.610.690

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	14/08/2026	02/07/2025	03/07/2024	05/06/2023	13/06/2022	09/06/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	14/08/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	02/07/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	03/07/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	05/06/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	13/06/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	09/06/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	23/06/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	14/06/2018	Dutch	PDF
Micro modelCorrection	31/12/2016	26/05/2017	05/09/2017	Dutch	PDF
Micro model	31/12/2016	26/05/2017	29/05/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	27/05/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	05/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	06/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	31/05/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	29/05/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	09/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	27/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 24 ended

Active mandates

Dieuwke Lerno

Director · since 01 août 2025

Active

Kelly Lardenoit

Director · since 20 septembre 2023 · until 01 août 2025

Active

Manu Lerno

Managing director · since 20 septembre 2023

Active

Theodora Holmgren

Director

Active

Ended mandates

Kelly Lardenoit

Director · since 20 septembre 2023

Ended

Theodora Holmgren

Managing director · since 20 septembre 2023

Ended

Frank Lerno

Director · since 12 juillet 2019 · until 05 septembre 2023

Ended

Frank Lerno

Director · since 12 juillet 2019

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/03/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2008
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202528,8 k €↓
2024
Annual accounts 202436,1 k €↓
2023
Annual accounts 202337,8 k €↑
2022
Annual accounts 202231,7 k €↑
2021
Annual accounts 202124,1 k €↑
2020
Annual accounts 202014,7 k €↓
2019
Annual accounts 201919,4 k €↓
2018
Annual accounts 201822,7 k €↓
2017
Annual accounts 201724,4 k €↑
2016
Annual accounts 201622,9 k €↑
2015
Annual accounts 20151,8 k €↓
2014
Annual accounts 20144,5 k €↓
2013
Annual accounts 20138,2 k €↑
2012
Annual accounts 20127,2 k €↑
2011
Annual accounts 20114,1 k €↓
2010
Annual accounts 20109,8 k €↑
2009
Annual accounts 2009-100,5 k €↑
2008
Annual accounts 2008-224 k €↓
2007
Annual accounts 200710,8 k €↑
2006
Annual accounts 2006-33,9 k €
05/01/1993
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

INDUVEST

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