ACTIVE

INDESA

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Financial year 2025 · Closed on 31/12/2025

Net result10,4 M €+5 411,9 %over 1 year

Revenue730,9 k €-16,2 %over 1 year

Equity31 M €+50,4 %over 1 year

Workforce1,8 ETP+80,0 %over 1 year

Identity

Source · BCE/KBO

INDESA is a Private limited company incorporated in 2001. Its main activity is: Activities of holding companies. Its registered office is in Mechelen. It employs on average 1,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0474.764.124
Incorporation: 08/05/2001
Legal form: Private limited company
Registered office: Blarenberglaan 6
2800 Mechelen · FlandreSee on map
Contributed capital: 18 444 489,55 €
Latest accounts: 31/12/2025
Average workforce: 1,8 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities 65231Reinsurance 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate+4

Joint committees (3)

200
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	730,9 k €	-16.2%	872,4 k €	+44.5%	603,8 k €	+1.2%	596,9 k €	+1.1%	590,5 k €
EBITDA	-364,8 k €	-290%	191,9 k €	+862%	19,9 k €	+129%	-68,4 k €	-165%	105,6 k €
Operating result	-367,2 k €	-295%	188,6 k €	+1165%	14,9 k €	+120%	-73,7 k €	-171%	104,4 k €
Net result	10,4 M €	+5412%	188,6 k €	+10.6%	170,6 k €	+191%	-187,9 k €	-140%	473 k €
Balance sheet
Equity	31 M €	+50.4%	20,6 M €	+0.9%	20,5 M €	+0.8%	20,3 M €	-0.9%	20,5 M €
Total assets	37 M €	+29.7%	28,5 M €	-1.7%	29 M €	+1.6%	28,5 M €	-0.1%	28,5 M €
Cash	390,9 k €	+1538%	23,9 k €	-41.6%	40,9 k €	-31.8%	59,9 k €	+101%	29,8 k €
Debts	5,9 M €	-24.8%	7,8 M €	-8.0%	8,5 M €	+3.5%	8,2 M €	+2.1%	8,1 M €
Other
Workforce	1,8 ETP	+80.0%	1,0 ETP	-56.5%	2,3 ETP	-4.2%	2,4 ETP	0.0%	2,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Louis Busschop	Directorsince 01/04/2015Manager01/04/2015 → 2018 accountsended
Pieter BUSSCHOP	Directorsince 01/04/2015Manager01/04/2015 → 2018 accountsended
Carlo BUSSCHOP	Directorsince 16/12/2014Manager16/12/2014 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bénédicte DELOOF	Director16/12/2014 → 2022 accountsManager16/12/2014 → 2018 accounts
Dirk Busschop	Manager16/12/2014 → 2018 accounts

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	18/08/2026	15/10/2025	03/09/2024	31/08/2023	14/07/2022	14/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	17/06/2022	18/06/2021
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, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	18/08/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	15/10/2025	Dutch	PDF
Full model	31/12/2023	30/06/2024	03/09/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	17/06/2022	14/07/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	14/07/2021	Dutch	PDF
Full model	31/12/2019	19/06/2020	15/07/2020	Dutch	PDF
Full model	31/12/2018	21/06/2019	30/07/2019	Dutch	PDF
Full model	31/12/2017	15/06/2018	13/07/2018	Dutch	PDF
Full model	31/12/2016	19/06/2017	31/07/2017	Dutch	PDF
Full model	31/12/2015	20/06/2016	07/07/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	22/07/2015	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Louis Busschop	Directorsince 01/04/2015Manager01/04/2015 → 2018 accountsended
Pieter BUSSCHOP	Directorsince 01/04/2015Manager01/04/2015 → 2018 accountsended
Carlo BUSSCHOP	Directorsince 16/12/2014Manager16/12/2014 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bénédicte DELOOF	Director16/12/2014 → 2022 accountsManager16/12/2014 → 2018 accounts
Dirk Busschop	Manager16/12/2014 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/12/2023
WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/05/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/01/2015
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares09/10/2014
KAPITAAL - AANDELEN
PDF
Other16/06/2014
ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares18/10/2013
KAPITAAL - AANDELEN
PDF
Capital / shares26/09/2013
KAPITAAL - AANDELEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Louis Busschop

Pieter BUSSCHOP

Carlo BUSSCHOP

Bénédicte DELOOF

Dirk BUSSCHOP

20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

INDESA

Blarenberglaan 6, 2800 Mechelen

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Blarenberglaan 6, 2800 MechelenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00413917

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
INDESACurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00413917

Events

2025
Annual accounts 202510,4 M €↑
2024
Annual accounts 2024188,6 k €↑
2023
Annual accounts 2023170,6 k €↑
2022
Annual accounts 2022-187,9 k €↓
2021
Annual accounts 2021473 k €↑
2020
Annual accounts 2020-250 k €↑
2019
Annual accounts 2019-853,3 k €↓
2018
Annual accounts 2018-113,8 k €↑
2017
Annual accounts 2017-215,8 k €↓
2016
Annual accounts 2016-33,8 k €↑
2015
Annual accounts 2015-148,7 k €↑
2014
Annual accounts 2014-2,7 M €
08/05/2001
IncorporationPrivate limited company

INDESA

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

Registered offices

Company names

Events