INDICO PAINTING
ActiveSummary
The computed 12-month bankruptcy probability of INDICO PAINTING is 1.8% (moderate). The 2025 annual accounts show negative equity (-€347,946) and a net result of -€91,172. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 18-04-2008 Normal situation
- Activity
- Painting of buildings NACE 43341and 2 others
- Joint committees
- 124 Paritair Comité voor het bouwbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.173.466.132 2060 Antwerpen, since 10-04-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 14-08-2025
Board and ownership
- VAN REETH DietwinDirector · since 12-12-2023
- INDICO INTERIOR100%· score 242023 annual accounts of INDICO INTERIOR
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.8%
- Gross margin
- €157,868
- ▼ 47.0%
- Turnover
- ≈ €520,000
- estimated
- Loss
- €91,172
- ▼ 78.6%
- Equity
- -€347,946
- ▼ 35.5%
- Total assets
- €228,103
- ▼ 21.8%
- Employees on 31-12-2025
- 4
- ▼ 63.6%
- Negative equity on 31-12-2025
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskLoss of €91,172, the second in a row (financial year 2025)Negative equity -€347,946Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €228,103Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 3% of them on solvency, 7% on liquidity, 4% on profitability and 12% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€347,946 View
- Caution: Lower solvency than 95% of companies in specialised constructionsector median 46.7% · 34,902 companies -152.5% View
- Positive: Result rose in 2025different schema filed ▲ 78.6% View
- Caution: A director leftlatest change 28-05-2026 · 1 in office 1 left View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€91,172 View
- Flemish supportawarded from 2022 to 2025 €76,220 View
Recent changes
- · Gazette deed Resignation: INDICO BV (director)Permanent representative: Eric VAN TILBURG
- · Gazette deed Reappointment: INDICO (director)Appointment: VAN REETH Dietwin (additional director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as INDICO PAINTING: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €230,000 and €261,000, founded between 2006 and 2011.
| Company | Total assets | Gross margin |
|---|---|---|
| INDICO PAINTING Antwerpen | €228,103 | €157,868 |
| SCHILDER- EN DECORATIEWERKEN JEF ANTHONISSEN Brecht | €235,191 | €150,469 |
| CHENOIX Gérard et fils Marche-en-Famenne | €242,607 | €145,412 |
| Schilderwerken Pierrot Herent | €243,362 | €141,097 |
| DECO-HOUSE-WORKING Harelbeke | €235,624 | €124,981 |
| WOOD-HOME Hotton | €260,922 | €147,998 |
| JO EMBRECHTS SCHILDER- EN BEHANGWERKEN Kasterlee | €229,907 | €143,284 |
Key facts about INDICO PAINTING
- What is the company number of INDICO PAINTING?
- The company number of INDICO PAINTING is 0897.362.044. The VAT number is the same number with BE in front: BE 0897.362.044.
- Where is INDICO PAINTING based?
- The registered office is at IJzerlaan 13, 2060 Antwerpen.Company details
- What does INDICO PAINTING do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of INDICO PAINTING?
- The legal form of INDICO PAINTING is Private limited company (BV).
- When was INDICO PAINTING founded?
- INDICO PAINTING was founded on 18-04-2008.
- Is INDICO PAINTING still active?
- Yes, INDICO PAINTING is an active enterprise in the KBO register.
- How many employees does INDICO PAINTING have?
- INDICO PAINTING had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does INDICO PAINTING fall under?
- In its 2025 annual accounts, INDICO PAINTING states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of INDICO PAINTING?
- The turnover in financial year 2025 is ≈ €520,000. This figure is estimated from the gross margin of €157,868 and 62 comparable companies (NACE 433). It probably lies between €370,000 and €780,000.
- Is INDICO PAINTING profitable?
- In financial year 2025, INDICO PAINTING made a loss of €91,172.
- Where can I find the annual accounts of INDICO PAINTING?
- INDICO PAINTING filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of INDICO PAINTING due?
- INDICO PAINTING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.