Turnover
≈ €82,000 estimated
The micro format states no turnover.
INDAGRO
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1993peak €162,292 (2006)
€10,047▼ 66.8%
lowest -€27,482 (2008)
-€8,262▼ €14,047
peak €177,435 (2024)
€169,174▼ 4.7%
€64,012▼ 17.0%
peak 3 FTE (2006)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Gross margin from €30,300 to €10,047Loss of €8,262Debts from €77,158 to €64,012
Key points
from the 2025 annual accountsFilings
33 annual accounts since 1993
Seven of the last ten came late. The 2020 accounts came latest: 31 days after the end of the period.
Position in the sector
-€8,262
Lower net result than 86% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as INDAGRO has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for INDAGRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447970843
Resignation: (manager)
Reappointment: (director) · “artikel 3 nieuwe statuten” (deed in Dutch) · Director discharge: · General meeting of 20-12-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verwijderen van vrijstaande gebouwen · Stekene
First establishment
INDAGRO BVBA, Sint-Jozefslaan 1, Stekene
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INDAGRO Stekene | €233,185 | €10,047 | 72.5% | - |
| Firmin L. DETHIER Liège | €211,132 | €9,924 | 23.8% | - |
| TELPERION Aartselaar | €272,550 | €10,970 | 24.2% | - |
| JMG CONCEPT Evere | €193,424 | €9,946 | 93.0% | - |
| DEBELEC Destelbergen | €350,401 | €10,678 | 94.9% | - |
| DE CLERCQ PETER Deinze | €208,954 | €10,686 | 89.1% | - |
| TECHNICS & WOOD Gavere | €282,792 | €8,512 | 96.7% | - |
These companies have the same main activity as INDAGRO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €193,000 and €350,000, founded between 1978 and 2002.
Official details
Source: KBO- Status
- Active since 05-08-1992Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 2025
- Establishment unit
- 2.058.758.4849190 Stekene, since 11-09-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 11-01-2025
Annual accounts 2025
- €233,185▼ 8.4%
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on INDAGRO
INDAGRO files the micro format. That format states no turnover. The gross margin fell from €162,292 in 2006 to €10,047 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about INDAGRO
- What is the company number of INDAGRO?
- The company number of INDAGRO is 0447.970.843. The VAT number is the same number with BE in front: BE 0447.970.843.
- Where is INDAGRO based?
- The registered office is at Sint-Jozefslaan 1, 9190 Stekene.Company details
- What does INDAGRO do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of INDAGRO?
- INDAGRO is a private limited company (BV).
- When was INDAGRO founded?
- INDAGRO was founded on 05-08-1992.
- Is INDAGRO still active?
- Yes, INDAGRO is an active enterprise in the KBO register.
- Which joint committee does INDAGRO fall under?
- In its 2025 annual accounts, INDAGRO states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of INDAGRO?
- The turnover in financial year 2025 is ≈ €82,000. This figure is estimated from the gross margin of €10,047 and 97 comparable companies (NACE 43211). It probably lies between €54,000 and €170,000. It is a rough estimate.Financials
- Is INDAGRO profitable?
- In financial year 2025, INDAGRO made a loss of €8,262.
- Where can I find the annual accounts of INDAGRO?
- INDAGRO filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of INDAGRO due?
- INDAGRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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