ACTIVE

Indurium Engineering Services

Financial year 2025 · closed on 31/12/2025
Net result
496,7 k €
+191.6% YoY
Gross margin
1,4 M €
+66.5% YoY
Equity
436 k €
-9.8% YoY
Workforce
7,0 ETP
+20.7% YoY

What does Indurium Engineering Services do?

Indurium Engineering Services is a Public limited company incorporated in 2007. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Evergem. It employs on average 7,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0888.062.021
Incorporation
19/03/2007
Legal form
Public limited company
Registered office
Doornstraat 41
9940 Evergem · FlandreSee on map
Contributed capital
87 500,00 €
Latest accounts
31/12/2025
Average workforce
7,0 ETP
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin1,4 M €864,7 k €922,8 k €746,5 k €583,3 k €619,6 k €812 k €733,8 k €662,2 k €590,6 k €474,3 k €445 k €568,9 k €352,7 k €242,4 k €151,8 k €115,6 k €260 k €
EBITDA743,5 k €302,7 k €491,4 k €352,3 k €249 k €274 k €379,7 k €306,8 k €363,3 k €308,1 k €237 k €241,4 k €363,5 k €202,4 k €86 k €80,9 k €47,9 k €123,1 k €
Operating result671,4 k €235 k €430 k €296,3 k €205,2 k €233,6 k €337,2 k €270,3 k €312,5 k €260,6 k €184,1 k €217,2 k €344,6 k €189,9 k €73,4 k €73,9 k €44,3 k €119,7 k €
Net result496,7 k €170,3 k €317,7 k €229,4 k €146,9 k €168,7 k €231,3 k €185,7 k €200,7 k €206,3 k €118,2 k €142,2 k €226,5 k €124,1 k €47,7 k €48,8 k €32,8 k €82,8 k €
Balance sheet
Equity436 k €483,1 k €527,3 k €439 k €729,3 k €582,4 k €613,7 k €605,4 k €519,7 k €519,1 k €512,8 k €494,6 k €422,8 k €446,3 k €322,2 k €274,5 k €225,6 k €192,8 k €
Total assets1,2 M €937,9 k €996,8 k €1,2 M €969,9 k €1 M €1,1 M €993 k €1 M €1,1 M €1 M €686,1 k €859,1 k €611,3 k €497,9 k €299,7 k €246,8 k €266 k €
Cash798 k €527,7 k €458,1 k €637,9 k €379,6 k €430,4 k €428,2 k €343,6 k €356,8 k €463,1 k €162,7 k €195 k €387,3 k €259,5 k €170,6 k €218,3 k €185,6 k €197 k €
Debts763,3 k €449,4 k €463 k €758,9 k €227,7 k €444,9 k €497,7 k €370,9 k €483,9 k €330,1 k €489,8 k €191,5 k €436,3 k €165 k €175,7 k €25,2 k €21,1 k €73,2 k €
Other
Workforce7,0 ETP5,8 ETP4,8 ETP4,0 ETP3,9 ETP4,2 ETP4,6 ETP5,3 ETP4,3 ETP4,0 ETP3,0 ETP3,0 ETP3,0 ETP2,0 ETP2,0 ETP1,0 ETP0,6 ETP1,3 ETP
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 · 37 ended

Active mandates

Titus Consulting

Director · since 11 décembre 2023 · until 11 décembre 2029 · 0899.195.641

Represented by DEBRUYNE Dimitri Tuur

Active

Ended mandates

Titus Consulting

Director · since 11 décembre 2023 · until 11 décembre 2029 · 0899.195.641

Represented by Dimitri Debruyne

Ended
Titus Consulting

Director · since 11 décembre 2023 · until 11 décembre 2029 · 0899.195.641

Represented by Dimitri Debruyne

Ended
Tille Van Gastel

Director · since 28 février 2022 · until 12 mai 2026

Ended
Tille VAN GASTEL

Director · since 28 février 2022 · until 11 décembre 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
0899.195.641
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date30/06/202603/07/202514/06/202425/08/202301/07/202212/07/2021
General meeting25/06/202618/06/202514/05/202409/05/202311/05/202211/05/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202630/06/2026DutchPDF
Abridged model31/12/202418/06/202503/07/2025DutchPDF
Abridged model31/12/202314/05/202414/06/2024DutchPDF
Abridged model31/12/202209/05/202325/08/2023DutchPDF
Abridged model31/12/202111/05/202201/07/2022DutchPDF
Abridged model31/12/202011/05/202112/07/2021DutchPDF
Abridged model31/12/201912/05/202026/08/2020DutchPDF
Abridged model31/12/201814/05/201911/07/2019DutchPDF
Abridged model31/12/201708/05/201819/06/2018DutchPDF
Abridged model31/12/201609/05/201728/07/2017DutchPDF
Abridged model31/12/201510/05/201617/06/2016DutchPDF
Abridged model31/12/201412/05/201531/07/2015DutchPDF
Abridged model31/12/201327/06/201431/07/2014DutchPDF
Abridged modelCorrection31/12/201214/05/201313/11/2013DutchPDF
Abridged model31/12/201214/05/201307/06/2013DutchPDF
Abridged model31/12/201108/05/201219/05/2012DutchPDF
Abridged model31/12/201009/05/201117/05/2011DutchPDF
Abridged model31/12/200918/05/201031/05/2010DutchPDF
Abridged model31/12/200812/05/200918/05/2009DutchPDF
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 · 37 ended

Active mandates

Titus Consulting

Director · since 11 décembre 2023 · until 11 décembre 2029 · 0899.195.641

Represented by DEBRUYNE Dimitri Tuur

Active

Ended mandates

Titus Consulting

Director · since 11 décembre 2023 · until 11 décembre 2029 · 0899.195.641

Represented by Dimitri Debruyne

Ended
Titus Consulting

Director · since 11 décembre 2023 · until 11 décembre 2029 · 0899.195.641

Represented by Dimitri Debruyne

Ended
Tille Van Gastel

Director · since 28 février 2022 · until 12 mai 2026

Ended
Tille VAN GASTEL

Director · since 28 février 2022 · until 11 décembre 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2014
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/03/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2010
    ONTSLAGEN - BENOEMINGEN
    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 2025496,7 k €
  2. 2024
    Annual accounts 2024170,3 k €
  3. 2023
    Annual accounts 2023317,7 k €
  4. 2022
    Annual accounts 2022229,4 k €
  5. 2021
    Annual accounts 2021146,9 k €
  6. 2020
    Annual accounts 2020168,7 k €
  7. 2019
    Annual accounts 2019231,3 k €
  8. 2018
    Annual accounts 2018185,7 k €
  9. 2017
    Annual accounts 2017200,7 k €
  10. 2016
    Annual accounts 2016206,3 k €
  11. 2015
    Annual accounts 2015118,2 k €
  12. 2014
    Annual accounts 2014142,2 k €
  13. 2013
    Annual accounts 2013226,5 k €
  14. 2012
    Annual accounts 2012124,1 k €
  15. 2011
    Annual accounts 201147,7 k €
  16. 2010
    Annual accounts 201048,8 k €
  17. 2009
    Annual accounts 200932,8 k €
  18. 2008
    Annual accounts 200882,8 k €
  19. 19/03/2007
    IncorporationPublic limited company