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INDESA

Active Risk: not assessed Private limited companyfounded 2001active for 25 yearsBlarenberglaan 6, 2800 MechelenKBO/BCE: BE 0474.764.124
INDESA
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Overview

Lifetime

12 annual accounts with figures on one time axis
peak €37.0m (2025)
€37.0m▲ 29.7%
lowest -€2.7m (2014)
€10.4m▲ 55×
peak €31.0m (2025)
€31.0m▲ 50.4%
€5.9m▼ 24.7%
peak 4.8 FTE (2014)
1.8 FTE▲ 80.0%
Board5 names since 2001
- 
Owners4 names in the annual accounts
listedCarlo Busschop and 3 others
Documentsfilings and deeds
18-08-202618 days late
2025financial year
Turnover from €872,370 to €730,870Result from €188,633 to €10.4mStaff from 1 FTE to 1.8 FTEEquity from €20.6m to €31.0mDebts from €7.8m to €5.9mCash from €23,865 to €390,943

Key points

from the 2025 annual accounts

Result

€10.4m ▲ 55×
€189,0002024€10m2025

The result rose in 2025: mostly from a one-off income of €10.7m.

Staff

3 employees on 31-12-2025
132024202025

In 2025, 2 people joined and nobody left.

Payment terms

503 days to suppliers
Suppliers
55 to 503
Customers
17 to 633

INDESA pays its suppliers 448 days later than in 2024. Customers pay 616 days later.

Liquidity

16.65 was 1.95 in 2024

Short-term debts rose from €1.2m to €1.4m.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Four of the last ten came late. The 2024 accounts came latest: 76 days after the end of the period.

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.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Two signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €31.0m
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
18 days late
2024
76 days late
2023
34 days late
2022
31 days late
2021
17 days early
2020
17 days early
2019
16 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 16 days after 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 31 August (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
BD
Benedicte DELOOF
Director, until 2023
BC
BUSSCHOP Carlo
Director, until 2023
BD
BUSSCHOP Dirk
Director, until 2023
BL
BUSSCHOP Louis
Director, until 2023
BP
BUSSCHOP Pieter
Director, until 2023
  • Carlo Busschopannual accounts 2025
  • Dirk Busschopannual accounts 2025
  • Louis Busschopannual accounts 2025
and 1 other shareholder

Shares in 5 companies, including Bulo kantoormeubelen GMBH and THE FURNITURE GROUP

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0474764124
4 directors appointed, 4 resignations Resignations: BUSSCHOP Dirk, BUSSCHOP Carlo, BUSSCHOP Pieter and BUSSCHOP Louis · Appointments: BUSSCHOP Dirk, BUSSCHOP Carlo, BUSSCHOP Pieter and BUSSCHOP Louis · “Het beheren van bedrijven door uitoefening van bestuursmandaten in vennootschappen; Het beheren van…” (deed in Dutch) · Gazette deed
Resignation: Benedicte DELOOF (director) Director discharge: Benedicte DELOOF · General meeting of 25-01-2023 · Gazette deed
First establishment INDESA HOLDING, Blarenberglaan 6, Mechelen
All 24 events

Comparable companies

same main activity, similar in size and age
Company
INDESA Mechelen €730,870 -50.2% 84.0% 1.8
PEATINVEST Sint-Martens-Latem €691,651 52.0% 37.3% 2
DDC INVESTMENT Ghent €931,022 -2.4% 83.2% 1.3
SOPAR Roeselare €653,991 6.8% 83.2% 2.3
Kuge Invest Olen €868,380 63.2% 99.2% 1.8
Novatech Group Olen €479,748 9.1% 98.2% 2.7
D&L INVEST Boom €893,118 15.7% 87.1% 2.1
-10%0%10%20%€500,000€5m€50m€500mINDESAEBIT margin

Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as INDESA: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €21m and €59m, founded between 1988 and 2008.

Official details

Source: KBO
Status
Active since 08-05-2001Normal situation
Registered office
26 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 8 November 2026.
Activity
Activities of holding companiesNACE 64210and 2 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.116.311.2572800 Mechelen, since 16-05-2001
Financial year end
31 December
Peppol
Reachable since 07-04-2026
Company details

Annual accounts 2025

€10.4m▲ 55×
€31.0m▲ 50.4%
€37.0m▲ 29.7%
Employeeson 31-12-2025
3▲ 200%
Filing
Filed on 18-08-2026
Financials

Companies linked to INDESA

Insights on INDESA

Solvency rose in 2025 from 72.5% to 84.0% because of the retained profit and lower debts.

In December 2023, four directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 18-08-2026, 18 days late
€31.0m
▲ 50.4%
€37.0m
▲ 29.7%
€10.4m
▲ 55×
84.0%
▲ 11.5 percentage points
33.5%
▲ 32.6 percentage points
28.1%
▲ 27.5 percentage points

Money flows

turnover is 6.3% of income in 2025

Balance sheet

balance sheet total €37.0m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

84.0%

Higher than 72% of 3,042 companies in 2025.

28.1%

Higher than 94% of 3,034 companies in 2025.

INDESA Middle half of the sector 80% of the sector Full accounts in financial services (NACE 64)

Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Staff: middle half

Staff

Men and women

Not in that year's accounts.

€115,269

Staff costs divided by the average number of full-time equivalents.

+2 people

people who joined people who left

In 2025, 2 people joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014
Balance sheet: assets
20/58 37.0m28.5m29.0m28.5m28.5m28.1m28.3m30.0m29.3m29.1m31.1m32.3m
21/28 14.3m26.2m26.7m26.8m26.4m26.3m26.3m27.6m26.8m26.8m23.0m22.7m
22/27 4032,8231,2716,31411,534--11,92019,42426,92834,432-
24 4032,8231,2716,31411,534--11,92019,42426,92834,432-
28 14.3m26.2m26.7m26.8m26.4m26.3m26.3m27.6m26.8m26.8m22.9m22.7m
280/1 14.3m26.2m26.7m26.8m26.4m26.3m26.3m27.6m26.8m26.8m22.9m22.7m
280 14.1m25.9m25.9m25.9m25.9m25.9m26.0m26.7m26.7m26.7m22.9m22.7m
281 191,992348,440849,689941,031534,605387,035345,229851,75235,75235,000--
29/58 22.7m2.3m2.3m1.7m2.1m1.8m2.0m2.4m2.5m2.3m8.2m9.6m
3 000---------
40/41 2.3m1.3m1.1m703,4401.1m1.0m769,8841.6m682,476437,3053.9m2.6m
40 1.3m40,096594,194283,108657,158560,351430,1401.3m494,631257,232292,282315,342
41 1.1m1.3m466,368420,332407,002480,744339,744294,941187,845180,0733.6m2.3m
50/53 19.9m902,5201.2m935,7501.0m780,470753,573744,0471.3m1.1m4.1m5.8m
51/53 19.9m902,5201.2m935,7501.0m780,470753,573744,0471.3m1.1m4.1m5.8m
54/58 390,94323,86540,87159,91629,77327,234506,08715,998470,116763,988217,1401.2m
490/1 17,271427---2642,3653,302267752--
Balance sheet: equity and liabilities
10/49 37.0m28.5m29.0m28.5m28.5m28.1m28.3m30.0m29.3m29.1m31.1m32.3m
10/15 31.0m20.6m20.5m20.3m20.5m20.0m20.3m21.1m21.2m21.4m21.5m21.6m
10/11 18.4m18.4m18.4m18.4m18.4m18.4m18.4m18.4m18.4m18.4m18.4m18.4m
100 ------18.4m18.4m18.4m18.4m18.4m18.4m
13 12.6m2.2m2.0m1.8m2.0m1.6m1.8m2.7m2.8m3.0m3.0m3.2m
130/1 --0759,286759,286759,286------
130 ------759,286759,286759,286759,286759,286759,286
1311 --0759,286759,286759,286------
133 12.6m2.2m2.0m1.1m1.3m798,6711.0m1.9m2.0m2.2m2.3m2.4m
16 ----------63,07099,110
160/5 ----------63,07099,110
164/5 ----------63,07099,110
17/49 5.9m7.8m8.5m8.2m8.1m8.1m8.1m8.9m8.0m7.7m9.6m10.6m
17 4.5m6.7m7.2m7.6m7.5m7.2m7.1m7.3m7.0m7.3m8.9m8.5m
170/4 4.5m6.7m7.2m7.6m7.5m7.2m7.1m7.3m7.0m7.3m8.9m8.5m
170 937,1006.1m6.6m7.0m7.5m7.2m7.1m7.3m7.0m7.3m8.9m8.5m
173 3.6m600,000600,000600,000--------
42/48 1.4m1.2m1.3m662,794560,309353,943322,7791.3m622,844276,273606,4111.6m
44 1.3m93,306747,098119,05898,74725,62945,8361.0m416,818113,270301,44298,853
440/4 1.3m93,306747,098119,05898,74725,62945,8361.0m416,818113,270301,44298,853
45 89,01295,99534,29720,726219,32927,62932,60935,38638,493124,20620,90832,085
450/3 67,26988,66020,2922,921202,42912,77716,77312,1149,09698,7061,0351,174
454/9 21,7437,33614,00517,80516,90014,85215,83623,27129,39725,50019,87330,911
47/48 0971,761543,930523,010242,233300,686244,334220,054167,53338,797284,0611.4m
492/3 12,585-0152-609,985639,898314,763431,223107,021129,272522,631
Income statement
70/76A 769,187918,280640,816655,176637,249566,275863,663766,544701,383675,733579,4391.5m
70 730,870872,370603,837596,871590,476513,125801,000732,010690,019641,100546,0001.4m
74 38,31745,90936,97958,30539,322-------
76A ----7,451----13,636-11,949
60/66A 1.1m729,643625,909728,834532,803509,709652,969572,587521,778483,593484,3991.3m
61 924,326619,298443,164562,406373,085366,138427,814302,870241,685277,463350,979883,159
62 207,48576,375174,295156,637149,027137,911214,838254,473256,184257,877154,624349,498
630 2,4203,2885,0425,2211,170--7,5047,5047,5043,088-
635/8 ----------63,070-36,04099,110
640/8 2,17430,6823,4084,5716,6295,66010,3177,74016,4063,82011,7484,015
66A ----2,89174,997776,333---352,2772.6m
9901 -367,218188,63714,907-73,658104,44656,566210,694193,957179,605192,14095,040116,165
75/76B 10.9m2.5m63,13254,275383,62868,87849,80050,70299,475518,497811,964638,319
75 212,363129,25463,13254,275383,62868,87849,80050,70299,475517,747811,964638,319
750 06,452016,023--------
751 209,49257,03863,13238,252383,62868,87449,79711,16217,332189,013247,013222,164
752/9 2,87065,764---3339,54082,143328,734564,951416,156
76B 10.7m2.4m-------750--
65/66B 94,3912.5m-93,812167,25913,574373,6401.1m332,951490,951740,029698,509850,871
65 94,39149,365-93,812167,25913,574298,643334,809332,951490,951740,029698,509850,871
650 77,18049,08436,89133,52313,255298,135334,064320,105433,796468,130515,107668,419
651 10,2610-130,957130,957--------
652/9 6,9502812532,78032050874512,84657,155271,899183,402182,452
66B 02.4m---74,997776,333-----
9903 10.4m262,525171,851-186,642474,500-248,196-850,647-88,293-211,871-29,392-143,782-2.7m
67/77 4,71073,8921,2311,2311,4691,8522,63125,5223,9444,4324,89713,752
670/3 44,51073,8921,2311,2311,4691,8522,63126,0343,9444,4324,89713,752
77 39,800------512----
9904 10.4m188,633170,620-187,873473,031-250,048-853,279-113,815-215,815-33,823-148,679-2.7m
9905 10.4m188,633170,620-187,873473,031-250,048-853,279-113,815-215,815-33,823-148,679-2.7m
Appropriation of the result
9906 10.4m188,633170,620-187,873473,031-250,048-853,279-113,815-215,815-33,823-148,679-2.7m
791/2 --0187,873-250,048853,279113,815215,81533,823148,6792.7m
792 --0187,873-250,048853,279113,815215,81533,823148,6792.7m
691/2 10.4m188,633170,620-473,031-------
6921 10.4m188,633170,620-473,031-------
Social balance sheet
9087 1.812.32.42.42.42.92.43.13.12.64.8
Men (FTE)1003 -0----0.8111-0.4
Women (FTE)1003 -12.32.42.22.42.11.42.12.12.64.4
Agency workers1501 -0.5----------
Hours worked1013 3,0451,5523,7883,7303,5113,0994,3774,0784,4785,1274,01010,554
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 71 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 18-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 18 days after the deadline. Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00413917.

Financial year Type Filed Reference Document
31-12-2025 full format 18-08-2026 2026-00413917 PDF
31-12-2024 full format 15-10-2025 2025-00543621 PDF
31-12-2023 full format 03-09-2024 2024-00439090 PDF
31-12-2022 full format 31-08-2023 2023-00405920 PDF
31-12-2021 full format 14-07-2022 2022-20188601 PDF
31-12-2020 full format 14-07-2021 2021-34800202 PDF
31-12-2019 full format 15-07-2020 2020-29800389 PDF
31-12-2018 full format 30-07-2019 2019-40500337 PDF
31-12-2017 full format 13-07-2018 2018-34000475 PDF
31-12-2016 full format 31-07-2017 2017-37700076 PDF
31-12-2015 full format 07-07-2016 2016-28700572 PDF
31-12-2014 full format 22-07-2015 2015-32800026 PDF

Subsidies and aid

Flemish government 2023, 1 entry, €25 awarded, €25 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€25

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014
04,8400406,42733,801--816,00075213.4m287,5202.4m
367,078-17,006-19,04530,1432,539-478,853490,089-454,118-293,872546,848-1.0m-
-50.2%21.6%2.5%-12.3%17.7%11.0%26.3%26.5%26.0%30.0%17.4%8.5%
84.0%72.5%70.6%71.1%71.7%71.1%71.5%70.4%72.5%73.6%68.9%66.8%
33.5%0.9%0.8%-0.9%2.3%-1.3%-4.2%-0.5%-1.0%-0.2%-0.7%-12.6%
28.1%0.7%0.6%-0.7%1.7%-0.9%-3.0%-0.4%-0.7%-0.1%-0.5%-8.4%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date31333
full-time000--
part-time31333
in full-time equivalents2.10.82.12.42.4
1.812.32.42.2
On a permanent contract31333
Joined21---
Left03---
Agency workers, average number-0.5---
Training hours----5

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€3.6m€600,000€600,000€600,000-
Pledge on other assets, amount secured€3.6m€600,000€600,000€600,000-
Carrying value of the other pledged assets€6.3m€827,750€1.1m€891,559-

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€4,840--€33,801
Financial fixed assets€0€0€0--
€2,420€3,288€5,042€5,221€1,170

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on INDESA

The operating result for 2025 is a loss of €367,218, after a profit of €188,637 in 2024. It is the lowest result since 2014.

Debt's share of the balance-sheet total falls from 27.5% to 16.0%. Equity is higher and debt is lower.

Large changes and their cause
  • 2025 Net result +5,412% on 2024. The 2025 profit included a one-off income of €10,651,130.

Board & ownership

Board

Last change in 2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 19-12-2023

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
BUSSCHOP Carlo
Director
BUSSCHOP Dirk
Director
BUSSCHOP Louis
Director
BUSSCHOP Pieter
Director
Benedicte DELOOF
Director
Earlier
Mandates as a list
  • BUSSCHOP Carlo
    • Director, from 16-12-2014 to 19-12-2023
  • BUSSCHOP Dirk
    • Director, from 07-05-2001 to 19-12-2023
  • BUSSCHOP Louis
    • Director, from 01-04-2015 to 19-12-2023
  • BUSSCHOP Pieter
    • Director, from 01-04-2015 to 19-12-2023
  • Benedicte DELOOF
    • Director, from 16-12-2009 to 26-04-2023

See the board, name and registered office on a given date →

Control

Shareholder
Carlo Busschop
412,501 voting rights
share not stated
This company
INDESA
Equity €31.0m
Profit €10.4m in 2025

and 3 other shareholders

Capital

Contribution
€18,444,489.55
Shares
4,098,791
Contribution per share
€4.50
Equity per share
€7.57 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Carlo Busschop
natural person
listed
listed
Dirk Busschop
natural person
listed
listed
Louis Busschop
natural person
listed
listed
Pieter Busschop
natural person
listed
listed
Owners as a list

Source: shareholder structure in its own accounts

Articles of association

deed of 19-12-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 18:00

Shareholders

4 owners

Owners 4

  • Carlo Busschopnatural person
    Sourceown accounts 2025
    share not stated412,501 voting rights
  • Dirk Busschopnatural person
    Sourceown accounts 2025
    share not stated2,861,287 voting rights
  • Louis Busschopnatural person
    Sourceown accounts 2025
    share not stated412,501 voting rights
  • Pieter Busschopnatural person
    Sourceown accounts 2025
    share not stated412,501 voting rights

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyINDESA4 holdings, 3 countries 2025 accounts

Belgium 2 Year Equity Result

  • BE The Furniture Group99.98% 2025€13.4m result -€52,972 (2025)
  • BE Bulo3.38%no longer active 2025€4.9m result -€1.0m (2025)

Europe 2 Year Equity Result

  • NL O Nederland BV99.6% 2025€122,115 result -€157,347 (2025)
  • DE Bulo kantoormeubelen GMBH 2021€24,947 result -€1,021 (2021)

Source: list of holdings in its own 2025 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

The LEI register names no parent.

At the same address

Blarenberglaan 6, 2800 Mechelen · 25 other companies
POSTNL PAKKETTEN BELGIE
establishment since 18-05-2016 · founded in 2004
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0862.743.833
Goed Hulpmiddelen
establishment since 01-11-2021 · founded in 2003
 542 FTE (2025)
0860.548.465
Weber-Stephen Products Belgium
registered office since 31-03-2003 · founded in 2002
 9.7 FTE (2025)
0479.047.366
THE FURNITURE GROUP
registered office since 28-12-2016 · founded in 2016
 total assets €14.7m (2025)
0668.518.159
BULO
registered office since 11-04-1997 · founded in 1997
 28 FTE (2025)
0459.905.605
Bosq
registered office since 15-06-2007 · founded in 1988
 16 FTE (2025)
0434.645.221
JOETZ
establishment since 25-06-2015 · founded in 2003
 31 FTE (2025)
0480.604.316
PLAYMOBIL BELGIUM
registered office since 26-06-2003 · founded in 2003
 5 FTE (2026)
0479.562.159
UC Experts
registered office since 07-05-2004 · founded in 1995
 9.6 FTE (2025)
0456.227.325
Rhenus High Tech
establishment since 01-10-2009 · founded in 2001 · group RHENUS HOLDING BELGIUM
 10 FTE (2025)
0474.165.001
and 15 more

Holdings and subsidiaries

4 in the list of holdings, 1 from other sources · 5 subsidiaries, including indirect ones

Holdings 5

  • BULO
    Equity €4.9m Loss of €1.0m in 2025 (profit of €27,893 in 2024) Checked score 67
    Sourceaccounts BULO 2025
    share not stated
Share, source and own figures per holding (4)

Source for every holding own accounts 2025

  • Bulo kantoormeubelen GMBHDEsubsidiary
    Equity €24,947Result -€1,021
    100%
  • THE FURNITURE GROUPsubsidiary
    Equity €13.4m Loss of €52,972 in 2025 (loss of €48,949 in 2024) Checked score 69
    99.98%
  • O Nederland BVNLsubsidiary
    Equity €122,115Result -€157,347
    99.6%+ 0.4% via subsidiaries
  • POCODIN
    Equity €4.9mResult -€1.0m
    3.38%+ 96% via subsidiaries
All subsidiaries, including indirect ones 5

INDESA or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.

Holdings through the years 2014 to 2025
Holdings through the years
Name201420152016201720182019202020212022202320242025
Bulo kantoormeubelen GMBHDE 100%
THE FURNITURE GROUP 99.99%99.98%
O Nederland BVNL 100%99.6%
POCODIN 99.67%3.38%
Europe Logistics Partners Mechelen 99.98%
Bulo office furniture LTD in liquidationGB 100%
Bulvano LuxLU 100%
Bulo GmbhDE 100%
Bulo Office Furniture Limited in liquidationGB 100%
BULO 3%
Bulo Office Furniture LimitedGB 100%
INDESA PRIVATE EQUITY I 99.98%
BULO DESIGN 54.98%32.02%
BE RELAX! 50%

Source: list of holdings in its own accounts

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

24 events since 2001

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 18 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0474764124
2025
Highest result from 2014 to 2025 net €10.4m ▲5,412% The net result of €10.4m is the highest of those years.
Liquidity more than 8 times current ratio 16.65 The current ratio rises from 1.95 to 16.65.
Equity above €25m equity €31.0m ▲50.4% After 3 profitable years in a row, equity reaches €31.0m.
Annual accounts 2024 filed PDFfull format · 76 days late
2024
Annual accounts 2023 filed PDFfull format · 34 days late
2023
Back to profit net €170,620 The net result is €170,620, after one loss-making year.
4 directors appointed, 4 resignationsResignations: BUSSCHOP Dirk, BUSSCHOP Carlo, BUSSCHOP Pieter and BUSSCHOP Louis · Appointments: BUSSCHOP Dirk, BUSSCHOP Carlo, BUSSCHOP Pieter and BUSSCHOP Louis · “Het beheren van bedrijven door uitoefening van bestuursmandaten in vennootschappen; Het beheren van…” (deed in Dutch)10 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 31 days late
Resignation: Benedicte DELOOF (director)Director discharge: Benedicte DELOOF · General meeting of 25-01-20233 points ▸

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFfull format · 17 days before the deadline
2021
Back to profit net €473,031 The net result is €473,031, after 7 loss-making years.
Annual accounts 2020 filed PDFfull format · 17 days before the deadline
2020
Annual accounts 2019 filed PDFfull format · 16 days before the deadline
2019
Liquidity more than triples current ratio 6.30 The current ratio rises from 1.86 to 6.30. Short-term debt falls from €1.3m to €322,779.
Annual accounts 2018 filed PDFfull format · 1 day before the deadline
2018
Annual accounts 2017 filed PDFfull format · 18 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · on the deadline day
2016
Annual accounts 2015 filed PDFfull format · 24 days before the deadline
2015
Liquidity more than doubled current ratio 13.47 The current ratio rises from 6.13 to 13.47. Short-term debt falls from €1.6m to €606,411.
Annual accounts 2014 filed PDFfull format · 9 days before the deadline
2001
First establishment INDESA HOLDING, Blarenberglaan 6, Mechelen
Incorporation published on 18-05-2001

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

INDESA was incorporated on 8 May 2001.1 Total assets rose from €30.0m in 2018 to €37.0m in 2025 and headcount from 2.4 to 1.8 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0474.764.124
VAT number
BE 0474.764.124
Peppol ID
0208:0474764124
LEI code
222100Y5HM1U3WWOLD45 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
08-05-2001
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of June at 18:00
deed of 19-12-2023 (in Dutch)
Peppol
Reachable since 07-04-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
INDESA in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 19-12-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Blarenberglaan 6, 2800 Mechelen”
deed of 19-12-2023 (in Dutch)

Activities

NACEBEL 2025
VAT activities
64210 Activities of holding companies main activity
68201 Renting and operating of own or leased residential real estate, excluding social housing
73200 Market research and public opinion polling
Social security (RSZ) activities
64210 Activities of holding companies main activity
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
64200 Holdings main activity
68201 Real estate activities
73200 Advertising, market research and public relations activities
Social security (RSZ) activities
64200 Holdings main activity
Codes under NACEBEL 2003
VAT activities
74151 main activity
65231
70201
74131
Social security (RSZ) activities
74151 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
INDESA HOLDING registered office Blarenberglaan 6, 2800 Mechelen 16-05-2001 2.116.311.257

Buildings and parcels at the address

Ground area
4.0 ha
Buildings
3.6 ha
Volume, LiDAR
288,341 m³
Tallest building
13.8 m
Buildings to scale, each on its own parcel
3.6 ha, 13.8 m 3.6 ha, 13.8 m

Location

registered office establishment The establishment unit on the map
26 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
12402A0019/00M0004.0 ha 1 · 3.6 ha 13.8 m · 3

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