ACTIVE

INDIGO Park Belgium

Financial year 2025 · closed on 31/12/2025
Net result
3,8 M €
+163.7% YoY
Revenue
39 M €
+55.4% YoY
Equity
11,8 M €
-1.5% YoY
Workforce
334,1 ETP
+37.7% YoY

What does INDIGO Park Belgium do?

INDIGO Park Belgium is a Public limited company incorporated in 1993. Its registered office is in Gent. It employs on average 334,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.598.562
Incorporation
08/03/1993
Legal form
Public limited company
Registered office
Bijenstraat 21
9051 Gent · FlandreSee on map
Contributed capital
324 368,06 €
Latest accounts
31/12/2025
Average workforce
334,1 ETP
Joint committees (3)
  • 112
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202018201720162015201420132012201120102009200820072006
Income statement
Revenue39 M €25,1 M €22,5 M €20,5 M €15,3 M €13,9 M €12,2 M €11,7 M €11,3 M €9,8 M €8,6 M €8,6 M €7,5 M €7,2 M €5,5 M €3,8 M €752,5 k €495 k €423 k €
EBITDA12,2 M €8 M €7,5 M €7,8 M €7,5 M €3,6 M €3,4 M €3,1 M €3,1 M €2,6 M €2,1 M €3 M €1,5 M €1,8 M €1,8 M €1,2 M €345 k €236,8 k €180 k €
Operating result5,2 M €4 M €3,7 M €4,6 M €4,8 M €858,5 k €2,2 M €2 M €2,1 M €1,8 M €1,3 M €1,8 M €753,9 k €1,1 M €1,2 M €736,2 k €124,5 k €102,1 k €62 k €
Net result3,8 M €1,5 M €2,3 M €3,2 M €4,1 M €2,8 M €1,5 M €1,1 M €1,2 M €841,3 k €666,4 k €1,1 M €461,7 k €711,9 k €760 k €421,8 k €36,6 k €30,3 k €13 k €
Balance sheet
Equity11,8 M €12 M €10,5 M €15,8 M €16,5 M €14,5 M €2,7 M €2,5 M €2,5 M €2,5 M €2,4 M €2,5 M €1,7 M €1,6 M €1,4 M €662,3 k €240,5 k €203,8 k €173 k €
Total assets80,8 M €93,9 M €49,3 M €39,1 M €38,6 M €35,2 M €18,4 M €17,3 M €16,7 M €15,7 M €12,4 M €11,3 M €7,4 M €6,3 M €5 M €5,2 M €3,2 M €1,7 M €1,4 M €
Cash2,6 M €6,7 M €709,1 k €439,8 k €552,7 k €3,7 M €442,2 k €371,6 k €294,7 k €162 k €228,5 k €190,6 k €109,3 k €24,1 k €574,6 k €1,3 M €505 k €164,4 k €118 k €
Debts62,1 M €75,9 M €33,3 M €18 M €17 M €17,3 M €11,9 M €11,3 M €11,5 M €11,3 M €8,2 M €7,5 M €4,2 M €4 M €3 M €4 M €2,8 M €1,2 M €1,2 M €
Other
Workforce334,1 ETP242,7 ETP241,6 ETP246,2 ETP231,1 ETP240,2 ETP211,6 ETP219,6 ETP202,9 ETP192,5 ETP180,1 ETP102,3 ETP26,2 ETP22,9 ETP20,5 ETP17,3 ETP16,5 ETP15,1 ETP14,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

Tithas Management

Managing director · since 02 mai 2024 · until 02 mai 2030 · 0893.084.839

Represented by Thomas Bimson

Active
Sébastien Fraisse

Managing director · since 01 novembre 2022 · until 03 mai 2028

Active
AMAVIA Services

Director · since 05 mai 2021 · until 05 mai 2027 · 0829.672.672

Represented by Philippe Vranckx

Active

Ended mandates

Philippe Laborie

Director · since 02 mai 2018 · until 31 octobre 2022

Ended
Philippe Laborie

Director · since 02 mai 2018 · until 02 mai 2024

Ended
Serge Clémente

Managing director · since 02 mai 2018 · until 31 octobre 2022

Ended
Serge Clémente

Managing director · since 02 mai 2018 · until 02 mai 2024

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/05/202620/05/202523/05/202425/05/202319/05/202227/05/2021
General meeting06/05/202607/05/202502/05/202403/05/202304/05/202205/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202506/05/202618/05/2026DutchPDF
Full model31/12/202407/05/202520/05/2025DutchPDF
Full model31/12/202302/05/202423/05/2024DutchPDF
Full model31/12/202203/05/202325/05/2023DutchPDF
Full model31/12/202104/05/202219/05/2022DutchPDF
Full model31/12/202005/05/202127/05/2021DutchPDF
Full model31/12/201930/06/202016/07/2020DutchPDF
Full model31/12/201802/05/201923/05/2019DutchPDF
Full model31/12/201702/05/201824/05/2018DutchPDF
Full model31/12/201603/05/201718/05/2017DutchPDF
Full model31/12/201504/05/201630/05/2016DutchPDF
Full model31/12/201406/05/201522/05/2015DutchPDF
Full model31/12/201307/05/201421/05/2014DutchPDF
Full model31/12/201202/05/201314/06/2013DutchPDF
Full model31/12/201102/05/201212/07/2012DutchPDF
Full model31/12/201004/05/201106/06/2011DutchPDF
Full model31/12/200905/05/201020/07/2010DutchPDF
Full model31/12/200806/05/200923/07/2009DutchPDF
Full model31/12/200731/05/200821/06/2008DutchPDF
Full model31/12/200602/05/200711/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 3 active · 33 ended

Active mandates

Tithas Management

Managing director · since 02 mai 2024 · until 02 mai 2030 · 0893.084.839

Represented by Thomas Bimson

Active
Sébastien Fraisse

Managing director · since 01 novembre 2022 · until 03 mai 2028

Active
AMAVIA Services

Director · since 05 mai 2021 · until 05 mai 2027 · 0829.672.672

Represented by Philippe Vranckx

Active

Ended mandates

Philippe Laborie

Director · since 02 mai 2018 · until 31 octobre 2022

Ended
Philippe Laborie

Director · since 02 mai 2018 · until 02 mai 2024

Ended
Serge Clémente

Managing director · since 02 mai 2018 · until 31 octobre 2022

Ended
Serge Clémente

Managing director · since 02 mai 2018 · until 02 mai 2024

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other23/09/2026
    PDF
  • Restructuring25/02/2025
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring25/02/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other30/01/2025
    DIVERSEN
    PDF
  • Restructuring02/01/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates19/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2023
    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

Timeline

  1. 2025
    Annual accounts 20253,8 M €
  2. 31/01/2025
    split
  3. 31/01/2025
    autre
  4. 2024
    Annual accounts 20241,5 M €
  5. 29/08/2024
    nominationAfinma — afgevaardigde tot het dagelijks bestuur
  6. 02/05/2024
    reconductionTithas Management BV — bestuurder
  7. 2023
    Annual accounts 20232,3 M €
  8. 01/01/2023
    reconductionRuben De Meyer — commissaris
  9. 2022
    Annual accounts 20223,2 M €
  10. 01/11/2022
    nominationSébastien Fraisse — bestuurder
  11. 01/01/2022
    nominationRuben De Meyer — vaste vertegenwoordiger van de commissaris
  12. 2021
    Annual accounts 20214,1 M €
  13. 2020
    Annual accounts 20202,8 M €
  14. 2018
    Annual accounts 20181,5 M €
  15. 2017
    Annual accounts 20171,1 M €
  16. 2016
    Annual accounts 20161,2 M €
  17. 2015
    Annual accounts 2015841,3 k €
  18. 2014
    Annual accounts 2014666,4 k €
  19. 2013
    Annual accounts 20131,1 M €
  20. 2012
    Annual accounts 2012461,7 k €
  21. 2011
    Annual accounts 2011711,9 k €
  22. 2010
    Annual accounts 2010760 k €
  23. 2009
    Annual accounts 2009421,8 k €
  24. 2008
    Annual accounts 200836,6 k €
  25. 2007
    Annual accounts 200730,3 k €
  26. 2006
    Annual accounts 200613 k €
  27. 08/03/1993
    IncorporationPublic limited company