ACTIVE

Indie Tech Systems

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Financial year 2025 · closed on 31/12/2025
Net result
69,4 k €
+331.5% YoY
Gross margin
107,6 k €
+5.7% YoY
Equity
123,2 k €
-69.5% YoY

What does Indie Tech Systems do?

Indie Tech Systems is a Private limited company incorporated in 2020. Its main activity is: Computer consultancy activities. Its registered office is in Kortenberg.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0746.525.559
Incorporation
27/04/2020
Legal form
Private limited company
Registered office
Broekhoven 93
3070 Kortenberg · FlandreSee on map
Contributed capital
1,00 €
Latest accounts
31/12/2025
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin107,6 k €101,8 k €227,7 k €230,2 k €152,1 k €38 k €
EBITDA106,9 k €98,9 k €227,7 k €230,2 k €149,4 k €38 k €
Operating result90,6 k €82,3 k €213,1 k €229,3 k €148,9 k €38 k €
Net result69,4 k €16,1 k €171,8 k €198,9 k €141,3 k €38,1 k €
Balance sheet
Equity123,2 k €404,4 k €453 k €328,3 k €179,4 k €38,1 k €
Total assets228 k €436,4 k €507,6 k €386,9 k €239,1 k €88,3 k €
Cash175,5 k €186,8 k €246,5 k €185 k €180,3 k €62,3 k €
Debts102,1 k €32,1 k €54,6 k €58,6 k €59,7 k €50,3 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 · 3 ended

Active mandates

Arnab Kar

Director · since 27 avril 2020

Active

Ended mandates

. Arnab Kar

Mandate

Ended
Indie Tech Systems

Mandate · 0746.525.559

Ended
Indie Tech Systems

Mandate · 0746.525.559

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202127/04/2020
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 months9 months
Filing date26/06/202626/08/202513/08/202418/06/202301/07/202216/06/2021
General meeting31/05/202630/05/202501/08/202431/05/202331/05/202231/05/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202531/05/202626/06/2026DutchPDF
Micro model31/12/202430/05/202526/08/2025DutchPDF
Abridged model31/12/202301/08/202413/08/2024DutchPDF
Micro model31/12/202231/05/202318/06/2023DutchPDF
Micro model31/12/202131/05/202201/07/2022DutchPDF
Micro model31/12/202031/05/202116/06/2021DutchPDF
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 · 3 ended

Active mandates

Arnab Kar

Director · since 27 avril 2020

Active

Ended mandates

. Arnab Kar

Mandate

Ended
Indie Tech Systems

Mandate · 0746.525.559

Ended
Indie Tech Systems

Mandate · 0746.525.559

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office06/04/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other29/04/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202569,4 k €↑
  2. 2024
    Annual accounts 202416,1 k €↓
  3. 2023
    Annual accounts 2023171,8 k €↓
  4. 2022
    Annual accounts 2022198,9 k €↑
  5. 2021
    Annual accounts 2021141,3 k €↑
  6. 2020
    Annual accounts 202038,1 k €
  7. 27/04/2020
    IncorporationPrivate limited company