INDUMAR
0464.351.173 · rovalta.com · 21/09/2026
ACTIVE
INDUMAR
Financial year 2025 · closed on 31/12/2025
Net result
-11,5 k €
-141.5% YoY
Gross margin
-10,2 k €
-170.7% YoY
Equity
-37,7 k €
-43.7% YoY
Overview
What does INDUMAR do?
INDUMAR is a Public limited company incorporated in 1998. Its main activity is: Passenger air transport. Its registered office is in Antwerpen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0464.351.173
Incorporation
12/10/1998
Legal form
Public limited company
Registered office
Thonetlaan 96
2050 Antwerpen · FlandreSee on map
2050 Antwerpen · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Activities (NACE)
51180Passenger air transport· main69201Accounting, bookkeeping and auditing activities; tax consultancy69209Accounting, bookkeeping and auditing activities; tax consultancy70200Management consultancy activities70220Business and other management consultancy activities46180Agents specialised in the sale of other particular products+1
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Financials
Trend over 9 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2009 | 2008 | 2007 | 2006 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||
| Gross margin | -10,2 k € | -171% | -3,8 k € | -136% | 10,5 k € | +140% | -26,2 k € | +17.4% | -31,7 k € | +58.8% | -77,1 k € | -293% | 40,0 k € | +24.8% | 32,0 k € | -16.8% | 38,5 k € |
| EBITDA | -10,7 k € | -130% | -4,7 k € | -147% | 9,9 k € | +137% | -26,7 k € | +17.2% | -32,2 k € | +61.2% | -83,1 k € | -338% | 34,8 k € | +16.4% | 29,9 k € | -18.7% | 36,8 k € |
| Operating result | -10,7 k € | -130% | -4,7 k € | -147% | 9,9 k € | +137% | -26,9 k € | +17.1% | -32,4 k € | +72.3% | -116,9 k € | -1752% | -6,3 k € | +36.4% | -9,9 k € | -27.3% | -7,8 k € |
| Net result | -11,5 k € | -141% | -4,8 k € | -167% | 7,1 k € | -95.0% | 143,9 k € | +541% | -32,6 k € | +75.5% | -133,3 k € | -435% | -24,9 k € | -101% | -12,4 k € | +0.1% | -12,4 k € |
| Balance sheet | |||||||||||||||||
| Equity | -37,7 k € | -43.7% | -26,2 k € | -22.1% | -21,5 k € | +24.9% | -28,6 k € | +83.4% | -172,5 k € | -73.6% | -99,3 k € | -373% | -21,0 k € | -30.7% | -16,1 k € | -334% | -3,7 k € |
| Total assets | 212,1 k € | -6.9% | 227,9 k € | -13.7% | 264,2 k € | +8.6% | 243,2 k € | -25.7% | 327,5 k € | +19.6% | 273,7 k € | -14.8% | 321,3 k € | -0.3% | 322,3 k € | -5.5% | 341,2 k € |
| Cash | 383,3 € | +5360% | 7,0 € | -98.4% | 429,1 € | -65.7% | 1,3 k € | – | 640,9 € | +376% | 134,7 € | -91.8% | 1,6 k € | +3890% | 41,0 € | ||
| Debts | 249,8 k € | -1.7% | 254,2 k € | -11.0% | 285,6 k € | +5.1% | 271,8 k € | -45.6% | 499,9 k € | +34.1% | 372,7 k € | +8.9% | 342,3 k € | +1.2% | 338,4 k € | +0.4% | 337,2 k € |
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 21 ended
Active mandates
Suzanna Mertens
ActiveEnded mandates
Financials
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 | 27/05/2026 | 27/05/2025 | 28/06/2024 | 05/06/2023 | 20/06/2022 | 09/08/2021 |
| General meeting | 15/05/2026 | 15/05/2025 | 15/05/2024 | 15/05/2023 | 15/05/2022 | 15/05/2021 |
| 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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Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 15/05/2026 | 27/05/2026 | Dutch | |
| Abridged model | 31/12/2024 | 15/05/2025 | 27/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 15/05/2024 | 28/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 15/05/2023 | 05/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 15/05/2022 | 20/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 15/05/2021 | 09/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 15/05/2020 | 07/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 15/05/2019 | 26/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 15/05/2018 | 27/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 15/05/2017 | 28/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 15/05/2016 | 31/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 15/05/2015 | 26/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 15/05/2014 | 28/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 15/05/2013 | 29/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 15/05/2012 | 28/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 15/05/2011 | 29/09/2011 | Dutch | |
| Abridged model | 31/12/2009 | 15/05/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 15/05/2009 | 31/10/2009 | Dutch | |
| Abridged model | 31/12/2007 | 15/05/2008 | 31/10/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/09/2007 | 23/10/2007 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 21 ended
Active mandates
Suzanna Mertens
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-11,5 k €↓
- 2024Annual accounts 2024-4,8 k €↓
- 2023Annual accounts 20237,1 k €↓
- 2022Annual accounts 2022143,9 k €↑
- 2021Annual accounts 2021-32,6 k €↑
- 2009Annual accounts 2009-133,3 k €↓
- 2008Annual accounts 2008-24,9 k €↓
- 2007Annual accounts 2007-12,4 k €↑
- 2006Annual accounts 2006-12,4 k €
- 12/10/1998IncorporationPublic limited company