Result
€396,678 ▼ 55.2%
The result fell in 2025: merger with ADVYS.
INDEQS
Lifetime
19 annual accounts with figures on one time axispeak €1.6m (2010)
€247,091▲ 16.4%
lowest -€2.0m (2021)
€396,678▼ 55.2%
peak €5.9m (2024)
€5.9munchanged
€2.3m▼ 17.1%
peak 3 FTE (2018)
0 FTE
Board5 names since 2006
2 directorsFrans CESAR and 1 other
Owners
91.34%RANESA
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from €212,359 to €247,091Result from €884,960 to €396,678Debts from €2.7m to €2.3mInvestments €861,301Cash from €189,884 to €91,203
Key points
from the 2025 annual accountsTurnover
≈ €380,000 estimated
The abbreviated format states no turnover.
Investments
€37,301 0.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
8.77 was 3.68 in 2024
Short-term debts fell from €1.3m to €428,442.
Filings
19 annual accounts since 2007
Four of the last ten came late. The 2024 accounts came latest: 49 days after the end of the period.
Position in the sector
€5.9m
More equity than 90% of companies in financial services. Sector median €579,494 · 6,711 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal, which does not raise the risk
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
49 days late
2023
8 days late
2022
3 days late
2021
6 days early
2020
25 days early
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 August (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0883660003
Merger proposal: INDEQS takes over ADVYS
Board meeting of 14-05-2024 · Gazette deed
Merger: GEHOLD takes over VITAMED
Company renamed from GEHOLD to INDEQS · Registered office moved from Hasselt to Diepenbeek · New registered office: Groeningenweg 19, 3590 Diepenbeek · General meeting of 04-07-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INDEQS Diepenbeek | €8.2m | €247,091 | 72.2% | 0 |
| T.P.M. Arendonk | €8.1m | €270,241 | 60.9% | 0 |
| CROMARMA Kinrooi | €6.4m | €310,800 | 27.8% | 0 |
| SLC Hasselt | €4.6m | €245,640 | -5.6% | 0 |
| LINJO Hasselt | €5.3m | €338,850 | 68.2% | 0 |
| DE BOER BELGIUM Maaseik | €5.1m | €376,963 | 49.8% | 0.1 |
| Bouw en Management Lint | €5.4m | €232,810 | 71.9% | 0 |
These companies have the same main activity as INDEQS: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €4.6m and €8.1m, founded between 2002 and 2011.
Official details
Source: KBO- Status
- Active since 21-09-2006Normal situation
- Activity
- Activities of holding companiesNACE 64210and 1 other
- Establishment unit
- 2.157.915.6463550 Heusden-Zolder, since 21-09-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Annual accounts 2025
- €8.2m▼ 5.4%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on INDEQS
INDEQS files the abbreviated format. That format states no turnover. The gross margin rose from -€7,551 in 2007 to €247,091 in 2025.
RANESA holds 91.34% of the shares.
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 INDEQS
- What is the company number of INDEQS?
- The company number of INDEQS is 0883.660.003. The VAT number is the same number with BE in front: BE 0883.660.003.
- Where is INDEQS based?
- The registered office is at Groeningenweg 19, 3590 Diepenbeek.Company details
- What does INDEQS do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of INDEQS?
- INDEQS is a private limited company (BV).
- When was INDEQS founded?
- INDEQS was founded on 21-09-2006.
- Is INDEQS still active?
- Yes, INDEQS is an active enterprise in the KBO register.
- How many employees does INDEQS have?
- INDEQS had an average of 1.3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of INDEQS?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €247,091 and 32 comparable companies (NACE 64210). It probably lies between €330,000 and €480,000.
- Is INDEQS profitable?
- In financial year 2025, INDEQS made a profit of €396,678.
- Where can I find the annual accounts of INDEQS?
- INDEQS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of INDEQS due?
- INDEQS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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