ACTIVE

INDU

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Financial year 2025 · closed on 31/12/2025

Net result

98,9 k €

-71.5% YoY

Revenue

657,8 k €

+5.4% YoY

Equity

8,5 M €

+1.2% YoY

What does INDU do?

INDU is a Public limited company incorporated in 2003. Its main activity is: Activities of holding companies. Its registered office is in Oud-Turnhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.488.321

Incorporation

07/02/2003

Legal form

Public limited company

Registered office

Paradijs 2
2360 Oud-Turnhout · FlandreSee on map

Contributed capital

2 760 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74142Specialised design activities 35110Production of electricity 35110Production of electricity 35140Trade of electricity+4

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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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
Revenue	657,8 k €	+5.4%	624 k €	-10.0%	693,2 k €	+0.8%	688 k €	+16.6%	590,2 k €	+33.0%	443,7 k €	-25.2%	593,1 k €	-6.2%	632,1 k €	+5.5%	599,4 k €	+0.1%	598,8 k €	-2.1%	611,5 k €	+2.0%	599,7 k €	+1.9%	588,4 k €	+0.1%	587,8 k €	+30.8%	449,3 k €	+25.2%	359 k €	+0.5%	357,1 k €	+1.1%	353,2 k €	+14.3%	309 k €	0.0%	309 k €
EBITDA	589,5 k €	+8.6%	543 k €	-11.6%	614,3 k €	+6.1%	579,1 k €	+9.7%	527,8 k €	+39.8%	377,5 k €	-29.6%	536,1 k €	-6.5%	573,5 k €	+18.9%	482,6 k €	+22.2%	395 k €	-3.0%	407,2 k €	+8.4%	375,8 k €	-0.7%	378,3 k €	+91.2%	197,9 k €	-21.2%	251,2 k €	+37.1%	183,3 k €	+4.6%	175,2 k €	+1.5%	172,6 k €	+5.0%	164,4 k €	+1.5%	161,9 k €
Operating result	125,2 k €	-72.9%	462,9 k €	-13.3%	534,2 k €	+11.1%	480,6 k €	+15.0%	417,8 k €	+55.9%	268 k €	-37.3%	427,2 k €	-9.8%	473,8 k €	+24.1%	381,7 k €	+30.9%	291,7 k €	-4.1%	304 k €	+11.1%	273,6 k €	-4.8%	287,5 k €	+160%	110,4 k €	-40.7%	186,2 k €	+2.6%	181,5 k €	+3.6%	175,2 k €	+1.5%	172,6 k €	+5.0%	164,4 k €	+1.5%	161,9 k €
Net result	98,9 k €	-71.5%	347,2 k €	-12.9%	398,8 k €	+12.2%	355,4 k €	+35.1%	263 k €	+81.2%	145,2 k €	-80.3%	737,5 k €	-27.2%	1 M €	+457%	181,9 k €	-70.0%	607,1 k €	+401%	121,2 k €	+22.6%	98,8 k €	-86.8%	746,2 k €	+35.7%	550 k €	-10.2%	612,2 k €	+554%	93,7 k €	-83.8%	578,6 k €	+3.2%	560,7 k €	+4.3%	537,7 k €	+1434%	35,1 k €
Balance sheet
Equity	8,5 M €	+1.2%	8,4 M €	+4.3%	8,1 M €	-29.5%	11,4 M €	+3.2%	11,1 M €	+2.4%	10,8 M €	+1.4%	10,7 M €	+7.4%	9,9 M €	+11.4%	8,9 M €	+0.4%	8,9 M €	+7.3%	8,3 M €	+1.5%	8,1 M €	+1.2%	8 M €	+4.3%	7,7 M €	-24.1%	10,2 M €	+6.4%	9,6 M €	+1.0%	9,5 M €	+6.5%	8,9 M €	+6.7%	8,3 M €	+6.9%	7,8 M €
Total assets	11,7 M €	+0.8%	11,6 M €	-2.3%	11,9 M €	+3.6%	11,5 M €	+2.9%	11,1 M €	-12.5%	12,7 M €	-1.7%	12,9 M €	+3.3%	12,5 M €	+6.2%	11,8 M €	-0.5%	11,9 M €	+2.8%	11,5 M €	-0.1%	11,6 M €	-0.7%	11,6 M €	-5.2%	12,3 M €	-1.7%	12,5 M €	+19.3%	10,5 M €	-2.4%	10,7 M €	+2.3%	10,5 M €	+2.2%	10,3 M €	-1.1%	10,4 M €
Cash	335,6 k €	+158%	130,3 k €	-74.4%	508,5 k €	+24.9%	407 k €	+44.1%	282,5 k €	-83.9%	1,8 M €	-6.5%	1,9 M €	+33.9%	1,4 M €	+170%	519,6 k €	-7.2%	560,1 k €	+166%	210,7 k €	+98.8%	106 k €	+13.5%	93,4 k €	-68.8%	299,2 k €	+1.1%	295,8 k €	-12.1%	336,7 k €	-47.4%	639,9 k €	+1495%	40,1 k €	-41.0%	68 k €	-76.0%	283,5 k €
Debts	3,2 M €	-0.5%	3,2 M €	-16.1%	3,8 M €	+10706%	35,2 k €	+716%	4,3 k €	-99.8%	1,9 M €	-16.4%	2,2 M €	-12.7%	2,5 M €	-10.1%	2,8 M €	-5.7%	3 M €	-5.2%	3,2 M €	-5.6%	3,3 M €	-5.1%	3,5 M €	-22.7%	4,6 M €	+98.5%	2,3 M €	+156%	896,8 k €	-27.9%	1,2 M €	-20.9%	1,6 M €	-17.4%	1,9 M €	-23.2%	2,5 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 19 ended

Active mandates

Franciscus Jansen

Director · since 30 juin 2025 · until 16 juin 2031

Active

Ended mandates

Franciscus Jansen

Director · since 13 décembre 2019 · until 16 juin 2025

Ended

Franciscus Jansen

Director · since 13 décembre 2019 · until 30 juin 2025

Ended

Franciscus Jansen

Managing director · since 13 décembre 2019 · until 16 juin 2025

Ended

MDTP

Director · since 18 juin 2018 · until 21 juin 2021 · 0697.653.989

Represented by Jean-Pierre Clerinx

Ended

At this address

Other companies at this address

Company	CBE no.
FraClaMaTo● Active	0720.944.283
ToMa● Active	0720.914.688

Annual accounts

Full financial information

	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	30/07/2026	17/07/2025	30/08/2024	18/07/2023	05/07/2022	07/07/2021
General meeting	30/06/2026	30/06/2025	17/06/2024	19/06/2023	20/06/2022	21/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Full model	31/12/2023	17/06/2024	30/08/2024	Dutch	PDF
Full model	31/12/2022	19/06/2023	18/07/2023	Dutch	PDF
Full model	31/12/2021	20/06/2022	05/07/2022	Dutch	PDF
Full model	31/12/2020	21/06/2021	07/07/2021	Dutch	PDF
Full model	31/12/2019	15/06/2020	09/07/2020	Dutch	PDF
Full model	31/12/2018	17/06/2019	04/07/2019	Dutch	PDF
Full model	31/12/2017	18/06/2018	20/06/2018	Dutch	PDF
Full model	31/12/2016	19/06/2017	17/07/2017	Dutch	PDF
Full model	31/12/2015	20/06/2016	07/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	07/07/2015	Dutch	PDF
Full model	31/12/2013	16/06/2014	03/07/2014	Dutch	PDF
Full model	31/12/2012	17/06/2013	08/08/2013	Dutch	PDF
Full model	31/12/2011	18/06/2012	06/07/2012	Dutch	PDF
Full model	31/12/2010	20/06/2011	01/07/2011	Dutch	PDF
Full model	31/12/2009	21/06/2010	06/07/2010	Dutch	PDF
Full model	31/12/2008	15/06/2009	14/07/2009	Dutch	PDF
Full model	31/12/2007	16/06/2008	29/07/2008	Dutch	PDF
Full model	31/12/2006	18/06/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 19 ended

Active mandates

Franciscus Jansen

Director · since 30 juin 2025 · until 16 juin 2031

Active

Ended mandates

Franciscus Jansen

Director · since 13 décembre 2019 · until 16 juin 2025

Ended

Franciscus Jansen

Director · since 13 décembre 2019 · until 30 juin 2025

Ended

Franciscus Jansen

Managing director · since 13 décembre 2019 · until 16 juin 2025

Ended

MDTP

Director · since 18 juin 2018 · until 21 juin 2021 · 0697.653.989

Represented by Jean-Pierre Clerinx

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/10/2024
KAPITAAL - AANDELEN - DIVERSEN
PDF
Capital / shares14/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates23/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/02/2014
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 202598,9 k €↓
2024
Annual accounts 2024347,2 k €↓
2023
Annual accounts 2023398,8 k €↑
2022
Annual accounts 2022355,4 k €↑
2021
Annual accounts 2021263 k €↑
2020
Annual accounts 2020145,2 k €↓
2019
Annual accounts 2019737,5 k €↓
2018
Annual accounts 20181 M €↑
2017
Annual accounts 2017181,9 k €↓
2016
Annual accounts 2016607,1 k €↑
2015
Annual accounts 2015121,2 k €↑
2014
Annual accounts 201498,8 k €↓
2013
Annual accounts 2013746,2 k €↑
2012
Annual accounts 2012550 k €↓
2011
Annual accounts 2011612,2 k €↑
2010
Annual accounts 201093,7 k €↓
2009
Annual accounts 2009578,6 k €↑
2008
Annual accounts 2008560,7 k €↑
2007
Annual accounts 2007537,7 k €↑
2006
Annual accounts 200635,1 k €
07/02/2003
IncorporationPublic 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

INDU

Overview

What does INDU 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