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indelinde

Active
Private limited companyfounded 199630 yrs activeLindestraat 25, 3570 Alken, BelgiumKBO/BCE: BE 0457.916.115
Summary

indelinde has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of -€10,603. Equity is growing by ~13% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability52▼-20
Solvency83▲+30
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.37 in 2024; short-term debt: 8.7% and cash: 1.7% of total assets), and 42.4% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-11-2025, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
13 d late
2024
13 d early
2023
1 d early
2022
3 d late
2021
2 d early
2020
13 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 2 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Indelinde was incorporated on 30 April 1996.1 Since 2026, VEKEMANS Karlien has served as non-statutory director of the company.2 Total assets rose from EUR 158,411 in 2019 to EUR 3.6 million in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 29-06-2026
  3. 3National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€2.1m▲ 1,107%
2024 · €170,885
Total assets
€3.6m▲ 488%
2024 · €609,181
Net result
-€10,603
2024 · €14,645
Working capital
-€66,423▼ 18.0%
2024 · -€56,282
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€15,651€44,284▲ 183%€39,249▼ 11.4%€28,482▼ 27.4%€31,526▲ 10.7%
Net result€6,853€24,698▲ 260%€20,568▼ 16.7%€14,645▼ 28.8%-€10,603
Equity€110,975▲ 6.6%€135,673▲ 22.3%€156,240▲ 15.2%€170,885▲ 9.4%€2.1m▲ 1,107%
Total assets€652,129▼ 3.8%€649,633▼ 0.4%€637,706▼ 1.8%€609,181▼ 4.5%€3.6m▲ 488%
Debt€541,154▼ 5.7%€513,960▼ 5.0%€481,466▼ 6.3%€438,296▼ 9.0%€1.4m▲ 223%
Working capital-€55,590▼ 945%-€51,379▲ 7.6%-€50,517▲ 1.7%-€56,282▼ 11.4%-€66,423▼ 18.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: €15,651€15,651Net result 2021: €6,853€6,853Operating result 2022: €44,284€44,284Net result 2022: €24,698€24,698Operating result 2023: €39,249€39,249Net result 2023: €20,568€20,568Operating result 2024: €28,482€28,482Net result 2024: €14,645€14,645Operating result 2025: €31,526€31,526Net result 2025: -€10,603-€10,60320212022202320242025-€20,000€0€20,000€40,000Operating result 2023: €39,249€39,200Net result 2023: €20,568€20,600Operating result 2024: €28,482€28,500Net result 2024: €14,645€14,600Operating result 2025: €31,526€31,500Net result 2025: -€10,603-€10,600202320242025
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.6m
Fixed assets €3.3m ▲ 480%
Current assets €244,475 ▲ 638%
Equity and liabilities €3.6m
Equity €2.1m ▲ 1,107%
Provisions €103,039
Debt €1.4m ▲ 223%
Debt's share of the balance-sheet total falls from 71.9% to 39.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€176,041▲
2024 · €51,744
Cash flow
€133,912▲
2024 · €37,906
Current ratio
0.79▲
2024 · 0.37
Debt to equity
0.69▼
2024 · 2.56
ROE
-0.5%▼
2024 · 8.6%
ROA
-0.3%▼
2024 · 2.4%
Interest coverage
3.98▼
2024 · 7.85
Debt ≤ 1 year
€310,898▲
2024 · €89,431
Debt > 1 year
€1.1m▲
2024 · €348,865
Income taxes
€5,566▼
2024 · €7,964
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,611 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet Code20242025
Assets
Total assets20/58€609,181€3.6m▲
Fixed assets21/28€576,032€3.3m▲
Tangible fixed assets22/27€576,032€3.3m▲
Land and buildings22€570,881€3.3m▲
Plant, machinery and equipment23-€1,702
Furniture and vehicles24€5,152€3,797▼
Other tangible fixed assets26-€27,991
Current assets29/58€33,149€244,475▲
Amounts receivable within one year40/41€2,036€22,656▲
Other amounts receivable41€2,036€22,656▲
Current investments50/53-€152,450
Cash at bank and in hand54/58€29,785€60,802▲
Deferred charges and accrued income490/1€1,328€8,567▲
Equity and liabilities
Total equity and liabilities10/49€609,181€3.6m▲
Equity10/15€170,885€2.1m▲
Contributions10/11€62,000€74,400▲
Reserves13€108,885€2.0m▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132-€309,117
Distributable reserves133€108,885€1.7m▲
Provisions and deferred taxes16-€103,039
Deferred taxes168-€103,039
Amounts payable17/49€438,296€1.4m▲
Amounts payable after more than one year17€348,865€1.1m▲
Financial debts170/4€348,865€1.1m▲
Amounts payable within one year42/48€89,431€310,898▲
Current portion of amounts payable after more than one year42€35,230€125,580▲
Financial debts43-€15,048
Credit institutions430/8-€15,048
Trade debts44€2,341€3,364▲
Suppliers440/4€2,341€3,364▲
Taxes, remuneration and social security45€527€4,995▲
Taxes450/3€527€4,995▲
Other amounts payable47/48€51,333€161,911▲
Accrued charges and deferred income492/3-€7,084
Income statement Code20242025
Non-recurring operating income76A-€6,987
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,261€144,515▲
Other operating charges640/8€7,157€24,359▲
Non-recurring operating charges66A-€3,100
Gross operating margin9900€58,901€203,499▲
Operating profit (loss)9901€28,482€31,526▲
Financial income75/76B€719€2,447▲
Recurring financial income75€719€2,447▲
Financial charges65/66B€6,593€44,227▲
Recurring financial charges65€6,593€44,227▲
Profit (loss) for the period before taxes9903€22,609-€10,254▼
Transfer from deferred taxes780-€5,217
Income taxes67/77€7,964€5,566▼
Profit (loss) for the period9904€14,645-€10,603▼
Transfer from tax-exempt reserves789-€15,651
Profit (loss) for the period to be appropriated9905€14,645€5,048▼
Appropriation of the result
Profit (loss) to be appropriated9906€14,645€2,775▼
Profit (loss) brought forward from the previous period14P--€2,272
Transfer from equity791/2-€2,272
Transfer to equity691/2€14,645€5,048▼
To other reserves6921€14,645€5,048▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€6,987-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,230€21,886€22,363€23,261€144,515▲ 521%
Other operating charges640/8-€6,450€6,596€7,157€24,359▲ 240%
Non-recurring operating charges66A----€3,100-
Gross operating margin9900€56,396€72,621€68,208€58,901€203,499▲ 245%
Operating profit (loss)9901€15,651€44,284€39,249€28,482€31,526▲ 10.7%
Financial income75/76B-€0€9€719€2,447▲ 240%
Recurring financial income75-€0€9€719€2,447▲ 240%
Financial charges65/66B-€5,678€6,976€6,593€44,227▲ 571%
Recurring financial charges65€6,121€5,678€6,976€6,593€44,227▲ 571%
Profit (loss) for the period before taxes9903€9,530€38,606€32,282€22,609-€10,254▼ 145%
Transfer from deferred taxes780----€5,217-
Income taxes67/77€2,678€13,908€11,714€7,964€5,566▼ 30.1%
Profit (loss) for the period9904€6,853€24,698€20,568€14,645-€10,603▼ 172%
Transfer from tax-exempt reserves789----€15,651-
Profit (loss) for the period to be appropriated9905€6,853€24,698€20,568€14,645€5,048▼ 65.5%
Line20212022202320242025Change
Assets
Total assets20/58€652,129€649,633€637,706€609,181€3.6m▲ 488%
Fixed assets21/28€623,140€607,594€590,851€576,032€3.3m▲ 480%
Tangible fixed assets22/27€623,140€607,594€590,851€576,032€3.3m▲ 480%
Land and buildings22-€593,542€581,022€570,881€3.3m▲ 479%
Plant, machinery and equipment23----€1,702-
Furniture and vehicles24-€14,052€9,829€5,152€3,797▼ 26.3%
Other tangible fixed assets26----€27,991-
Current assets29/58€28,988€42,039€46,855€33,149€244,475▲ 638%
Amounts receivable within one year40/41---€2,036€22,656▲ 1,013%
Other amounts receivable41---€2,036€22,656▲ 1,013%
Current investments50/53----€152,450-
Cash at bank and in hand54/58€27,005€40,775€46,338€29,785€60,802▲ 104%
Deferred charges and accrued income490/1-€1,264€517€1,328€8,567▲ 545%
Equity and liabilities
Total equity and liabilities10/49€652,129€649,633€637,706€609,181€3.6m▲ 488%
Equity10/15€110,975€135,673€156,240€170,885€2.1m▲ 1,107%
Contributions10/11€62,000€62,000€62,000€62,000€74,400▲ 20.0%
Capital10-€62,000€62,000---
Issued capital100-€62,000€62,000---
Reserves13€48,975€73,673€94,240€108,885€2.0m▲ 1,726%
Non-distributable reserves130/1-€6,200€6,200€0--
Legal reserve130-€6,200€6,200---
Reserves not available under the articles1311---€0--
Tax-exempt reserves132----€309,117-
Distributable reserves133-€67,473€88,040€108,885€1.7m▲ 1,442%
Provisions and deferred taxes16----€103,039-
Deferred taxes168----€103,039-
Amounts payable17/49€541,154€513,960€481,466€438,296€1.4m▲ 223%
Amounts payable after more than one year17€456,576€420,543€384,094€348,865€1.1m▲ 215%
Financial debts170/4-€420,543€384,094€348,865€1.1m▲ 215%
Amounts payable within one year42/48€84,578€93,418€97,371€89,431€310,898▲ 248%
Current portion of amounts payable after more than one year42-€36,006€36,420€35,230€125,580▲ 256%
Financial debts43----€15,048-
Credit institutions430/8----€15,048-
Trade debts44€1,330€0-€2,341€3,364▲ 43.7%
Suppliers440/4-€0-€2,341€3,364▲ 43.7%
Taxes, remuneration and social security45-€13,851€11,714€527€4,995▲ 847%
Taxes450/3-€13,851€11,714€527€4,995▲ 847%
Other amounts payable47/48-€43,561€49,237€51,333€161,911▲ 215%
Accrued charges and deferred income492/3----€7,084-
Line20212022202320242025Change
Profit (loss) for the period9904€6,853€24,698€20,568€14,645-€10,603▼ 172%
+ Depreciation and write-downs630€34,230€21,886€22,363€23,261€144,515▲ 521%
Operating cash flow (approximation)€41,082€46,584€42,931€37,906€133,912▲ 253%
Investment in fixed assets (approximation)--€6,340-€5,620-€8,442-€2.9m▼ 34,335%
Change in cash-€13,770€5,563-€16,553€31,017▲ 287%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2026
29-06
State Gazette act Appointment: VEKEMANS Karlien (non-statutory director)
Declaration5 facts ▸
  • General meeting, 29-04-2026
  • Board meeting, 29-04-2026
  • Director appointment, VEKEMANS Karlien (non-statutory director)
  • Declaration, geen bestuursverbod, geen bestuursverbod uitgesproken door een Europese lidstaat
  • Declaration, aanvaarding benoeming en geen strijdige maatregel, niet-statutaire bestuurder van indelinde BV
2025
13-11
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
31-03
Financial Weakest financial yearnet -€10,603
Net result drops to -€10,603, the lowest in the series.
31-03
Financial Equity above €2mEq €2.1m ▲1,107%
Equity rises from €170,885 to €2.1m.
2024
18-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Equity above €150,000Eq €156,240 ▲15.2%
3 profitable years in a row build equity to €156,240.
2022
03-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
31-03
Financial Highest result since 2019net €24,698 ▲260%
Operating result €44,284, net result €24,698, both a record.
2021
29-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Back to profitnet €6,853
Net result €6,853 after one loss-making year.
2020
13-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
Show earlier events
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
17-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
20-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2016
31-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
VEKEMANS Karlien
Non-statutory director · since 29-04-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Alken · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
2,176 m²
Building footprint
197 m²
Volume, LiDAR
1,098 m³
Parcel 73001K0232/00D000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELISA-INVEST
Lindestraat 25, 3570 AlkenNACE 70201
since 19972.081.089.765
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73001K0232/00D000 Flanders 2,176 m² 1 · 197 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
VEKEMANS Karlien
  • Non-statutory director, from 29-04-2026 to date
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Identification & contact

Identification
Legal formPrivate limited company
Founded30-04-1996
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.