ACTIVE

INDUMMO

Financial year 2025 · closed on 31/12/2025
Net result
314,8 k €
+12.5% YoY
Gross margin
768 k €
+13.8% YoY
Equity
7 M €
+4.7% YoY

What does INDUMMO do?

INDUMMO is a Public limited company incorporated in 1999. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Maldegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.931.859
Incorporation
07/12/1999
Legal form
Public limited company
Registered office
Koekoeklaan 53
9991 Maldegem · FlandreSee on map
Contributed capital
1 562 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin768 k €674,6 k €759,4 k €839,2 k €798,6 k €658,7 k €717,4 k €635,3 k €496 k €895 k €553,4 k €405,4 k €286,7 k €288,3 k €484,7 k €227,5 k €196,3 k €181,9 k €296,9 k €
EBITDA615,9 k €494,4 k €593,6 k €707,5 k €669,1 k €536,4 k €631,3 k €551,6 k €413,4 k €817,1 k €394 k €401,8 k €262,1 k €459,7 k €254,7 k €209,5 k €185,7 k €165,1 k €283,3 k €
Operating result340,9 k €286,7 k €431,9 k €545,5 k €548,6 k €414,4 k €515,6 k €438,5 k €280,7 k €688,8 k €307,4 k €323,2 k €191,7 k €402,7 k €165,2 k €182,5 k €152,2 k €127,1 k €243,8 k €
Net result314,8 k €279,8 k €333 k €450,3 k €442,2 k €386 k €411,5 k €347,6 k €218 k €503 k €237,9 k €197,7 k €96,2 k €268,8 k €111,2 k €125,4 k €156,5 k €46,8 k €157 k €
Balance sheet
Equity7 M €6,6 M €6,4 M €6 M €4,1 M €3,6 M €3,3 M €2,8 M €2,5 M €2,3 M €1,8 M €1,5 M €1,3 M €1,2 M €973,9 k €862,7 k €737,3 k €776,7 k €729,9 k €
Total assets11,3 M €9,2 M €8 M €8 M €6,2 M €5,1 M €5,1 M €4,4 M €3,8 M €2,8 M €2,7 M €2,7 M €1,7 M €1,7 M €2 M €2,1 M €1,2 M €1,4 M €1,3 M €
Cash116,9 k €806,5 k €125,9 k €1,6 M €278,7 k €302,9 k €597,3 k €521,8 k €137,9 k €675,8 k €447,4 k €127,6 k €73,3 k €126,1 k €538,4 k €573,5 k €623,5 k €512 k €186,8 k €
Debts4,3 M €2,5 M €1,7 M €2 M €2,1 M €1,4 M €1,9 M €1,4 M €1,3 M €304,6 k €731,5 k €1 M €188,6 k €243,7 k €660,6 k €256,6 k €344,1 k €570,8 k €483,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

EC&T GROUP

Managing director · since 28 octobre 2020 · until 15 juin 2026 · 0663.532.062

Represented by Lieven Bauwens

Active

Ended mandates

EC&T GROUP

Director · since 28 octobre 2020 · until 15 juin 2026 · 0663.532.062

Represented by Lieven Bauwens

Ended
EC&T GROUP

Managing director · since 28 octobre 2020 · until 15 juin 2026 · 0663.532.062

Represented by Lieven Bauwens

Ended
EC&T GROUP

Director · since 01 janvier 2017 · until 19 juin 2023 · 0663.532.062

Represented by Lieven Bauwens

Ended
EC&T GROUP

Director · since 01 janvier 2017 · until 19 juin 2023 · 0663.532.062

Represented by Lieven Bauwens

Ended
At this address

Other companies at this address

CompanyCBE no.
0440.331.401
EC&T GROUPActive
0663.532.062
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date23/07/202617/07/202512/07/202424/07/202330/08/202228/07/2021
General meeting15/06/202616/06/202517/06/202419/06/202320/06/202221/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202623/07/2026DutchPDF
Abridged model31/12/202416/06/202517/07/2025DutchPDF
Abridged model31/12/202317/06/202412/07/2024DutchPDF
Abridged model31/12/202219/06/202324/07/2023DutchPDF
Abridged model31/12/202120/06/202230/08/2022DutchPDF
Abridged model31/12/202021/06/202128/07/2021DutchPDF
Abridged model31/12/201915/06/202029/07/2020DutchPDF
Abridged model31/12/201817/06/201930/07/2019DutchPDF
Abridged model31/12/201718/06/201817/07/2018DutchPDF
Abridged model31/12/201619/06/201727/07/2017DutchPDF
Abridged model30/06/201530/10/201528/12/2015DutchPDF
Abridged model30/06/201431/10/201428/01/2015DutchPDF
Abridged model30/06/201325/10/201330/12/2013DutchPDF
Abridged model30/06/201226/10/201228/12/2012DutchPDF
Abridged model30/06/201128/10/201114/12/2011DutchPDF
Abridged model30/06/201029/10/201007/01/2011DutchPDF
Abridged model30/06/200930/10/200925/02/2010DutchPDF
Abridged model30/06/200831/10/200830/12/2008DutchPDF
Abridged model30/06/200726/10/200720/02/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 15 ended

Active mandates

EC&T GROUP

Managing director · since 28 octobre 2020 · until 15 juin 2026 · 0663.532.062

Represented by Lieven Bauwens

Active

Ended mandates

EC&T GROUP

Director · since 28 octobre 2020 · until 15 juin 2026 · 0663.532.062

Represented by Lieven Bauwens

Ended
EC&T GROUP

Managing director · since 28 octobre 2020 · until 15 juin 2026 · 0663.532.062

Represented by Lieven Bauwens

Ended
EC&T GROUP

Director · since 01 janvier 2017 · until 19 juin 2023 · 0663.532.062

Represented by Lieven Bauwens

Ended
EC&T GROUP

Director · since 01 janvier 2017 · until 19 juin 2023 · 0663.532.062

Represented by Lieven Bauwens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/07/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates08/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/06/2016
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other15/10/2013
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025314,8 k €
  2. 2024
    Annual accounts 2024279,8 k €
  3. 2023
    Annual accounts 2023333 k €
  4. 2022
    Annual accounts 2022450,3 k €
  5. 2021
    Annual accounts 2021442,2 k €
  6. 2020
    Annual accounts 2020386 k €
  7. 2019
    Annual accounts 2019411,5 k €
  8. 2018
    Annual accounts 2018347,6 k €
  9. 2017
    Annual accounts 2017218 k €
  10. 2016
    Annual accounts 2016503 k €
  11. 2015
    Annual accounts 2015237,9 k €
  12. 2014
    Annual accounts 2014197,7 k €
  13. 2013
    Annual accounts 201396,2 k €
  14. 2012
    Annual accounts 2012268,8 k €
  15. 2011
    Annual accounts 2011111,2 k €
  16. 2010
    Annual accounts 2010125,4 k €
  17. 2009
    Annual accounts 2009156,5 k €
  18. 2008
    Annual accounts 200846,8 k €
  19. 2007
    Annual accounts 2007157 k €
  20. 07/12/1999
    IncorporationPublic limited company