ACTIVE

INDIC

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Financial year 2024 · closed on 31/12/2024

Net result

28,4 k €

-86.5% YoY

Gross margin

1,9 M €

-5.6% YoY

Equity

1,6 M €

-13.6% YoY

Workforce

18,1 ETP

+11.7% YoY

What does INDIC do?

INDIC is a Private limited company incorporated in 2003. Its registered office is in Schelle. It employs on average 18,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.568.846

Incorporation

18/11/2003

Legal form

Private limited company

Registered office

Molenberglei 21
2627 Schelle · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2024

Average workforce

18,1 ETP

Joint committees (3)

100
14901
218

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,9 M €	-5.6%	2 M €	+15.3%	1,7 M €	+9.7%	1,6 M €	+39.8%	1,1 M €	+0.5%	1,1 M €	+15.6%	963,1 k €	-0.2%	965,2 k €	+5.4%	915,6 k €	-2.9%	943,3 k €	+7.5%	877,8 k €	-6.6%	940,1 k €	-9.5%	1 M €	+11.4%	931,8 k €	+23.8%	752,5 k €	-17.3%	909,9 k €	-22.4%	1,2 M €	+26.5%	927,3 k €	+34.8%	687,8 k €
EBITDA	354,3 k €	-39.3%	583,5 k €	-8.8%	639,6 k €	+24.2%	514,8 k €	+121%	233,1 k €	-47.2%	441,2 k €	+38.6%	318,3 k €	+3.1%	308,7 k €	-3.0%	318,4 k €	-14.8%	373,8 k €	+15.3%	324,1 k €	-8.4%	353,9 k €	-39.2%	581,8 k €	+23.2%	472,4 k €	+32.1%	357,7 k €	-30.9%	517,5 k €	-32.2%	763 k €	+27.0%	600,6 k €	+48.3%	404,8 k €
Operating result	63,6 k €	-81.4%	342,6 k €	-28.3%	477,9 k €	+33.8%	357 k €	+237%	105,9 k €	-67.1%	322 k €	+60.7%	200,4 k €	+9.4%	183,2 k €	-3.9%	190,6 k €	-26.1%	257,8 k €	+18.6%	217,4 k €	-12.7%	249 k €	-48.3%	481,6 k €	+36.7%	352,4 k €	+59.2%	221,3 k €	-43.2%	389,9 k €	-39.2%	641,4 k €	+24.6%	514,7 k €	+49.1%	345,2 k €
Net result	28,4 k €	-86.5%	210,6 k €	-40.5%	354,2 k €	+48.6%	238,3 k €	+436%	44,5 k €	-78.6%	208,2 k €	+60.0%	130,2 k €	-14.6%	152,4 k €	+2.6%	148,4 k €	-41.6%	254,4 k €	+28.5%	197,9 k €	-19.3%	245,2 k €	-39.3%	404 k €	+76.1%	229,4 k €	+60.2%	143,2 k €	-45.3%	261,6 k €	-36.9%	414,7 k €	+25.7%	329,8 k €	+45.5%	226,7 k €
Balance sheet
Equity	1,6 M €	-13.6%	1,8 M €	+13.2%	1,6 M €	+28.4%	1,2 M €	+23.7%	1 M €	+4.6%	962,3 k €	-1.2%	974,1 k €	-3.0%	1 M €	+1.2%	991,6 k €	+0.3%	988,2 k €	+0.4%	983,8 k €	-7.7%	1,1 M €	+6.5%	1 M €	+19.6%	836,8 k €	-16.9%	1 M €	+10.2%	914,3 k €	+23.1%	742,7 k €	+58.7%	468 k €	+38.4%	338,1 k €
Total assets	3,3 M €	-8.9%	3,6 M €	+0.3%	3,6 M €	+40.7%	2,5 M €	+20.4%	2,1 M €	+18.1%	1,8 M €	-9.7%	2 M €	-10.2%	2,2 M €	+11.2%	2 M €	-1.8%	2 M €	-4.5%	2,1 M €	-2.2%	2,2 M €	+3.2%	2,1 M €	-3.7%	2,2 M €	+0.8%	2,2 M €	+8.1%	2 M €	-4.3%	2,1 M €	+28.3%	1,6 M €	+17.5%	1,4 M €
Cash	233,3 k €	-47.1%	440,7 k €	+19.9%	367,6 k €	-15.3%	434 k €	+19.2%	364,1 k €	-11.8%	412,8 k €	+6.0%	389,5 k €	+5.5%	369,2 k €	-15.2%	435,6 k €	-15.6%	516,4 k €	-20.3%	647,7 k €	+9.9%	589,6 k €	+3.4%	570,1 k €	+6.0%	537,8 k €	+7.5%	500,4 k €	+0.7%	496,8 k €	-26.2%	672,8 k €	+105%	327,5 k €	+63.4%	200,4 k €
Debts	1,7 M €	-4.0%	1,8 M €	-10.3%	2 M €	+52.7%	1,3 M €	+17.7%	1,1 M €	+33.6%	825,9 k €	-18.0%	1 M €	-16.2%	1,2 M €	+21.4%	990,5 k €	-4.0%	1 M €	-8.8%	1,1 M €	+9.1%	1 M €	-0.5%	1 M €	-19.3%	1,3 M €	+16.4%	1,1 M €	+6.3%	1 M €	-20.2%	1,3 M €	+16.6%	1,1 M €	+11.8%	1 M €
Other
Workforce	18,1 ETP	+11.7%	16,2 ETP	+4.5%	15,5 ETP	+4.7%	14,8 ETP	+19.4%	12,4 ETP	+13.8%	10,9 ETP	+9.0%	10,0 ETP	0.0%	10,0 ETP	+5.3%	9,5 ETP	+6.7%	8,9 ETP	+9.9%	8,1 ETP	-14.7%	9,5 ETP	+30.1%	7,3 ETP	-6.4%	7,8 ETP	+16.4%	6,7 ETP	-5.6%	7,1 ETP	-9.0%	7,8 ETP	+18.2%	6,6 ETP	+11.9%	5,9 ETP

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 31/12/2024 · 2 active · 2 ended

Active mandates

Luc Claes

Director

Active

Willemien Verhaeghe

Associate

Active

Ended mandates

Luc Claes

Mandate

Ended

Luc Claes

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
INCOSA SOLUTIONS● Active	0808.556.960

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/08/2025	19/07/2024	28/08/2023	11/07/2022	28/06/2021	06/07/2020
General meeting	09/05/2025	10/05/2024	12/05/2023	13/05/2022	14/05/2021	08/05/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	09/05/2025	22/08/2025	Dutch	PDF
Abridged model	31/12/2023	10/05/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	12/05/2023	28/08/2023	Dutch	PDF
Abridged model	31/12/2021	13/05/2022	11/07/2022	Dutch	PDF
Abridged model	31/12/2020	14/05/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	08/05/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	10/05/2019	02/07/2019	Dutch	PDF
Abridged model	31/12/2017	11/05/2018	11/06/2018	Dutch	PDF
Abridged model	31/12/2016	12/05/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/05/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	08/05/2015	10/07/2015	Dutch	PDF
Abridged model	31/12/2013	09/05/2014	23/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	11/05/2012	24/07/2012	Dutch	PDF
Abridged model	31/12/2010	13/05/2011	10/06/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	10/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/05/2009	05/06/2009	Dutch	PDF
Abridged model	31/12/2007	09/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	11/05/2007	18/06/2007	Dutch	PDF

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 31/12/2024 · 2 active · 2 ended

Active mandates

Luc Claes

Director

Active

Willemien Verhaeghe

Associate

Active

Ended mandates

Luc Claes

Mandate

Ended

Luc Claes

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring15/04/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates08/09/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring31/08/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates11/03/2008
ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/08/2005
MAATSCHAPPELIJKE ZETEL
PDF
Other25/11/2003
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

2024
Annual accounts 202428,4 k €↓
2023
Annual accounts 2023210,6 k €↓
2022
Annual accounts 2022354,2 k €↑
2021
Annual accounts 2021238,3 k €↑
2020
Annual accounts 202044,5 k €↓
2019
Annual accounts 2019208,2 k €↑
2018
Annual accounts 2018130,2 k €↓
2017
Annual accounts 2017152,4 k €↑
2016
Annual accounts 2016148,4 k €↓
2015
Annual accounts 2015254,4 k €↑
2014
Annual accounts 2014197,9 k €↓
2013
Annual accounts 2013245,2 k €↓
2012
Annual accounts 2012404 k €↑
2011
Annual accounts 2011229,4 k €↑
2010
Annual accounts 2010143,2 k €↓
2009
Annual accounts 2009261,6 k €↓
2008
Annual accounts 2008414,7 k €↑
2007
Annual accounts 2007329,8 k €↑
2006
Annual accounts 2006226,7 k €
18/11/2003
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

INDIC

Overview

What does INDIC do?

Trend over 19 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