ACTIVE

INDELPRO

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Financial year 2025 · closed on 30/09/2025

Net result

4,8 k €

-88.9% YoY

Gross margin

52,9 k €

-57.8% YoY

Equity

191,1 k €

+2.6% YoY

Workforce

2,3 ETP

+9.5% YoY

What does INDELPRO do?

INDELPRO is a Private limited company incorporated in 2001. Its main activity is: Electrical installation. Its registered office is in Glabbeek. It employs on average 2,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.637.430

Incorporation

20/04/2001

Legal form

Private limited company

Registered office

Ruekenbosstraat 9
3380 Glabbeek · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

30/09/2025

Average workforce

2,3 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories 42220Construction of utility projects for electricity and telecommunications 42220Construction of utility projects for electricity and telecommunications 45215Maintenance and repair of motor vehicles

Joint committees (4)

149
14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	52,9 k €	-57.8%	125,4 k €	-35.6%	194,7 k €	-50.9%	396,5 k €	+2.0%	388,8 k €	+145%	158,4 k €	+14.9%	137,8 k €	-56.3%	315,6 k €	+10.7%	285 k €	+1.2%	281,7 k €	+6.0%	265,8 k €	+8.7%	244,5 k €	-2.7%	251,2 k €	-9.2%	276,6 k €	-1.6%	281,2 k €	-19.8%	350,8 k €	+154%	137,9 k €	-44.1%	246,8 k €	+151%	98,2 k €	-6.8%	105,3 k €
EBITDA	12,7 k €	-78.4%	58,6 k €	-56.8%	135,6 k €	-63.0%	366,4 k €	+11.2%	329,6 k €	+261%	91,2 k €	+24.0%	73,5 k €	-71.2%	254,9 k €	+22.3%	208,4 k €	-6.1%	222 k €	+8.2%	205,3 k €	+12.8%	181,9 k €	-8.2%	198,1 k €	-13.4%	228,8 k €	+9.9%	208,2 k €	-30.2%	298,2 k €	+245%	86,4 k €	-58.5%	208,4 k €	+117%	95,9 k €	+4.8%	91,5 k €
Operating result	12,1 k €	-74.5%	47,5 k €	-64.6%	134,1 k €	-63.2%	364,6 k €	+11.2%	328 k €	+263%	90,3 k €	+22.8%	73,6 k €	-69.8%	243,9 k €	+26.9%	192,3 k €	-2.7%	197,6 k €	+6.4%	185,7 k €	+23.1%	150,9 k €	-1.8%	153,6 k €	-24.1%	202,5 k €	+33.8%	151,3 k €	-43.6%	268,2 k €	+390%	54,8 k €	-66.9%	165,7 k €	+156%	64,6 k €	+122%	29,2 k €
Net result	4,8 k €	-88.9%	42,9 k €	-68.0%	133,9 k €	-61.6%	348,4 k €	+6.9%	326 k €	+349%	72,6 k €	+0.6%	72,2 k €	-70.1%	241,7 k €	+28.1%	188,7 k €	-7.0%	203 k €	+1.2%	200,5 k €	+28.0%	156,6 k €	+1.6%	154,2 k €	-21.4%	196,1 k €	+28.8%	152,3 k €	-44.2%	273,1 k €	+492%	46,1 k €	-63.7%	127 k €	+130%	55,3 k €	+170%	20,5 k €
Balance sheet
Equity	191,1 k €	+2.6%	186,3 k €	+29.9%	143,4 k €	+0.6%	142,5 k €	+14.8%	124,1 k €	+0.8%	123,1 k €	+36.1%	90,5 k €	+2.5%	88,3 k €	+1.9%	86,6 k €	+4.5%	82,9 k €	+3.7%	79,9 k €	+0.6%	79,4 k €	+2.1%	77,8 k €	+5.6%	73,6 k €	+9.1%	67,5 k €	+3.6%	65,2 k €	+14.1%	57,1 k €	+1.0%	56,5 k €	+68.4%	33,6 k €	+44.3%	23,3 k €
Total assets	502,9 k €	+51.4%	332,2 k €	-31.0%	481,4 k €	-18.7%	591,8 k €	-32.9%	881,8 k €	+28.5%	686,3 k €	+13.3%	605,8 k €	+18.0%	513,2 k €	+21.4%	422,8 k €	+4.3%	405,4 k €	+8.9%	372,4 k €	-21.0%	471,2 k €	+1.2%	465,4 k €	-13.4%	537,5 k €	-12.9%	617 k €	+27.1%	485,6 k €	+11.0%	437,5 k €	-29.5%	620,8 k €	+47.6%	420,5 k €	+2.4%	410,4 k €
Cash	86,2 k €	+88.6%	45,7 k €	-75.4%	185,7 k €	+25.8%	147,6 k €	-78.2%	677,3 k €	+67.2%	405,1 k €	-4.9%	426,2 k €	+16.9%	364,4 k €	+39.3%	261,7 k €	+6.4%	245,8 k €	+168%	91,6 k €	-53.1%	195,3 k €	-9.0%	214,6 k €	+14.6%	187,3 k €	+20.0%	156 k €	-6.0%	166,1 k €	+81.2%	91,6 k €	+547%	14,2 k €	-81.6%	77 k €	-37.3%	122,8 k €
Debts	309 k €	+115%	143,6 k €	-57.2%	335,2 k €	-24.9%	446,3 k €	-40.9%	754,9 k €	+34.9%	559,7 k €	+9.2%	512,3 k €	+21.3%	422,5 k €	+26.6%	333,8 k €	+4.3%	320,1 k €	+10.5%	289,7 k €	-25.4%	388,3 k €	+1.1%	383,9 k €	-16.6%	460,2 k €	-15.5%	544,4 k €	+30.8%	416,3 k €	+10.5%	376,5 k €	-33.0%	562 k €	+45.3%	386,8 k €	+0.1%	386,5 k €
Other
Workforce	2,3 ETP	+9.5%	2,1 ETP	+16.7%	1,8 ETP	0.0%	1,8 ETP	+38.5%	1,3 ETP	-27.8%	1,8 ETP		–		1,5 ETP	-16.7%	1,8 ETP	-14.3%	2,1 ETP	+16.7%	1,8 ETP	+12.5%	1,6 ETP	+6.7%	1,5 ETP	+25.0%	1,2 ETP	-45.5%	2,2 ETP	+10.0%	2,0 ETP	+33.3%	1,5 ETP	-6.3%	1,6 ETP	+433%	0,3 ETP	-40.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 7 ended

Active mandates

Lubri Technics

Director · since 17 février 2025 · 1016.845.951

Represented by Luc Boesmans

Active

TL CONSTRUCT

Director · until 17 février 2025 · 0477.701.739

Represented by Luc Boesmans

Active

Ended mandates

TL CONSTRUCT

Manager · since 01 juillet 2006 · 0477.701.739

Represented by Luc Boesmans

Ended

TL CONSTRUCT

Manager · since 01 juillet 2006 · 0477.701.739

Represented by LUC BOESMANS

Ended

TL CONSTRUCT

Director · since 01 juillet 2006 · 0477.701.739

Represented by LUC BOESMANS

Ended

TL CONSTRUCT

Manager · since 01 juillet 2006 · 0477.701.739

Represented by LUC BOESMANS

Ended

At this address

Other companies at this address

Company	CBE no.
Lubri Technics● Active	1016.845.951
TL CONSTRUCT● Active	0477.701.739

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	29/04/2025	30/05/2024	28/04/2023	05/05/2022	04/05/2021
General meeting	31/03/2026	31/03/2025	30/04/2024	31/03/2023	31/03/2022	31/03/2021
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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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	31/03/2026	30/04/2026	Dutch	PDF
Abridged model	30/09/2024	31/03/2025	29/04/2025	Dutch	PDF
Abridged model	30/09/2023	30/04/2024	30/05/2024	Dutch	PDF
Abridged model	30/09/2022	31/03/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	31/03/2022	05/05/2022	Dutch	PDF
Abridged model	30/09/2020	31/03/2021	04/05/2021	Dutch	PDF
Micro model	30/09/2019	31/03/2020	14/05/2020	Dutch	PDF
Abridged model	30/09/2018	01/03/2019	29/03/2019	Dutch	PDF
Abridged model	30/09/2017	01/03/2018	13/04/2018	Dutch	PDF
Abridged model	30/09/2016	01/03/2017	07/04/2017	Dutch	PDF
Abridged model	30/09/2015	01/03/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	02/03/2015	26/03/2015	Dutch	PDF
Abridged model	30/09/2013	01/03/2014	25/03/2014	Dutch	PDF
Abridged model	30/09/2012	22/03/2013	18/04/2013	Dutch	PDF
Abridged model	30/09/2011	01/03/2012	27/04/2012	Dutch	PDF
Abridged model	30/09/2010	27/05/2011	27/04/2012	Dutch	PDF
Abridged model	30/09/2009	25/05/2010	31/05/2010	Dutch	PDF
Abridged model	30/09/2008	02/03/2009	08/05/2009	Dutch	PDF
Abridged model	30/09/2007	28/04/2008	30/04/2008	Dutch	PDF
Abridged model	30/09/2006	14/08/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 7 ended

Active mandates

Lubri Technics

Director · since 17 février 2025 · 1016.845.951

Represented by Luc Boesmans

Active

TL CONSTRUCT

Director · until 17 février 2025 · 0477.701.739

Represented by Luc Boesmans

Active

Ended mandates

TL CONSTRUCT

Manager · since 01 juillet 2006 · 0477.701.739

Represented by Luc Boesmans

Ended

TL CONSTRUCT

Manager · since 01 juillet 2006 · 0477.701.739

Represented by LUC BOESMANS

Ended

TL CONSTRUCT

Director · since 01 juillet 2006 · 0477.701.739

Represented by LUC BOESMANS

Ended

TL CONSTRUCT

Manager · since 01 juillet 2006 · 0477.701.739

Represented by LUC BOESMANS

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/02/2025
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/03/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other25/01/2005
BOEKJAAR
PDF
Other08/03/2004
DIVERSEN
PDF
Capital / shares02/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - 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

2025
Annual accounts 20254,8 k €↓
2024
Annual accounts 202442,9 k €↓
2023
Annual accounts 2023133,9 k €↓
2022
Annual accounts 2022348,4 k €↑
2021
Annual accounts 2021326 k €↑
2020
Annual accounts 202072,6 k €↑
2019
Annual accounts 201972,2 k €↓
2018
Annual accounts 2018241,7 k €↑
2017
Annual accounts 2017188,7 k €↓
2016
Annual accounts 2016203 k €↑
2015
Annual accounts 2015200,5 k €↑
2014
Annual accounts 2014156,6 k €↑
2013
Annual accounts 2013154,2 k €↓
2012
Annual accounts 2012196,1 k €↑
2011
Annual accounts 2011152,3 k €↓
2010
Annual accounts 2010273,1 k €↑
2009
Annual accounts 200946,1 k €↓
2008
Annual accounts 2008127 k €↑
2007
Annual accounts 200755,3 k €↑
2006
Annual accounts 200620,5 k €
20/04/2001
IncorporationPrivate 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

INDELPRO

Overview

What does INDELPRO do?

Trend over 20 financial years

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