INDIE GROUP
ActiveINDIE GROUP has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.17M and a net result of €82k. Equity is growing by ~42.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 474 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-65
Solvency97=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 2.06 in 2024), and 45.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.3%
Return on assets
3.8%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
22 d early
2023
58 d early
2022
57 d early
2021
4 d early
2020
55 d early
2019
53 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.17M▲ 7.5%
2024 · €1.09M
2019: €250k
2020: €126k
2021: €336k
2022: €473k
2023: €728k
2024: €1.09M
2019 → 2025
Total assets
€2.16M▲ 8.9%
2024 · €1.98M
2019: €735k
2020: €878k
2021: €1.10M
2022: €1.13M
2023: €1.56M
2024: €1.98M
2019 → 2025
Net result
€82k▼ 77.3%
2024 · €360k
2019: €200k
2020: €106k
2021: €330k
2022: €404k
2023: €255k
2024: €360k
2019 → 2025
Working capital
€966k▲ 8.3%
2024 · €892k
2019: €118k
2020: €147k
2021: €356k
2022: €441k
2023: €530k
2024: €892k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€336k-€473k▲ 40.7%€728k▲ 53.8%€1.09M▲ 49.4%€1.17M▲ 7.5%
Operating result€423k-€478k▲ 13.1%€375k▼ 21.7%€543k▲ 45.0%€205k▼ 62.3%
Net result€330k-€404k▲ 22.5%€255k▼ 37.0%€360k▲ 41.1%€82k▼ 77.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.16M
Fixed assets
€280k▲ 14.3%
Current assets
€1.88M▲ 8.1%
Equity and liabilities €2.16M
Equity
€1.17M▲ 7.5%
Debt
€986k▲ 10.6%
The debt ratio rises from 45.0% to 45.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€300k▼
2024 · €629k
Cash flow
€176k▼
2024 · €445k
Solvency
54.3%▼
2024 · 55.0%
Current ratio
2.06▲
2024 · 2.06
Quick ratio
2.06▲
2024 · 2.06
Debt / equity
0.84▲
2024 · 0.82
ROE
7.0%▼
2024 · 33.1%
ROA
3.8%▼
2024 · 18.2%
Interest coverage
5.49▼
2024 · 16.99
Debt
€986k▲
2024 · €892k
Debt ≤ 1 year
€909k▲
2024 · €843k
Debt > 1 year
€77k▲
2024 · €49k
Income taxes
€78k▼
2024 · €150k
Staff costs
€2.61M▲
2024 · €2.24M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.98M€2.16M▲
Fixed assets21/28€245k€280k▲
Intangible fixed assets21€36k€60k▲
Tangible fixed assets22/27€210k€220k▲
Plant, machinery and equipment23€37k€27k▼
Furniture and vehicles24€151k€176k▲
Other tangible fixed assets26€22k€17k▼
Current assets29/58€1.73M€1.88M▲
Amounts receivable within one year40/41€1.48M€1.75M▲
Trade receivables40€1.04M€1.14M▲
Other amounts receivable41€434k€612k▲
Cash at bank and in hand54/58€220k€73k▼
Deferred charges and accrued income490/1€37k€48k▲
Equity and liabilities
Total equity and liabilities10/49€1.98M€2.16M▲
Equity10/15€1.09M€1.17M▲
Contributions10/11€20k€20k=
Reserves13€1.07M€1.15M▲
Tax-exempt reserves132€42k€0▼
Distributable reserves133€1.03M€1.15M▲
Amounts payable17/49€892k€986k▲
Amounts payable after more than one year17€49k€77k▲
Financial debts170/4€49k€77k▲
Amounts payable within one year42/48€843k€909k▲
Current portion of amounts payable after more than one year42€169k€120k▼
Financial debts43-€125k
Credit institutions430/8-€125k
Trade debts44€270k€198k▼
Suppliers440/4€270k€198k▼
Taxes, remuneration and social security45€402k€466k▲
Taxes450/3€73k€70k▼
Remuneration and social security454/9€328k€396k▲
Other amounts payable47/48€1k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€2.24M€2.61M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€95k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€18k
Other operating charges640/8€21k€14k▼
Gross operating margin9900€2.89M€2.95M▲
Operating profit (loss)9901€543k€205k▼
Financial income75/76B€3k€9k▲
Recurring financial income75€3k€9k▲
Financial charges65/66B€37k€55k▲
Recurring financial charges65€37k€55k▲
Profit (loss) for the period before taxes9903€510k€159k▼
Income taxes67/77€150k€78k▼
Profit (loss) for the period9904€360k€82k▼
Transfer from tax-exempt reserves789-€42k
Profit (loss) for the period to be appropriated9905€360k€124k▼
Appropriation of the result
Profit (loss) to be appropriated9906€360k€124k▼
Transfer to equity691/2€360k€124k▼
To other reserves6921€360k€124k▼
Social balance
Average headcount (FTE)908731.536.7▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €82k ▼77.3%
Net result drops to €82k, the lowest in the series.
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Equity above €1MEq €1.09M ▲49.4%
6 profitable years in a row build equity to €1.09M.
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Equity above €500kEq €728k ▲53.8%
5 profitable years in a row build equity to €728k.
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €404k ▲22.5%
Net result €404k, the highest in the series.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €200kEq €336k ▲167%
3 profitable years in a row build equity to €336k.
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
03-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
02-01-2020
TADICOM EUROPE: Resigned as Director
29-08-2017
De Rijcke Dominique Pierre Adriana: Resigned as Manager
Location & real-estate footprint
Registered office, Zwevegem · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kortrijkstraat(Z) 758550 ZwevegemGround area
1,486 m²
Building footprint
512 m²
Volume, LiDAR
4,592 m³
Parcel 34042D0086/00F007, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
INDIE GROUP
since 20112.201.249.407
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042D0086/00F007 | Flanders | 1,486 m² | 1 · 512 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 28,159 EUR awarded · 35,509 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 6,329 EUR | 6,629 EUR |
| 2024 | 2 | 7,545 EUR | 10,875 EUR |
| 2023 | 3 | 5,816 EUR | 12,797 EUR |
| 2022 | 2 | 8,469 EUR | 5,208 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
Werkbaarheidscheque (stopgezet)
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Of 16,813 companies in sector 62100 we hold annual accounts for 8,747. 3,722 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-2011
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.