INDIGO
ActiveSummary
INDIGO has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €190,495. Equity has been stable since 2018 (±9.5% per year). Its solvency ranks better than 67% of 11,268 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 31-10-2008 Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 4 others
- Establishment unit
- 2.174.441.872 9120 Beveren-Kruibeke-Zwijndrecht, since 31-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2024
Board and ownership
Board
- GDB CONSULTINGDirector · since 31-10-2008 · permanent representative VANDENABEELE Guido Roger Achiel
- LIFTDirector · since 01-01-2024 · permanent representative Bärbel Buyse
Shareholders
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €376,659
- ▲ 36.5%
- Turnover
- ≈ €420,000
- estimated
- Profit
- €190,495
- ▲ 178%
- Equity
- €1.0m
- ▲ 101%
- Total assets
- €2.0m
- ▲ 29.3%
- 2025 accounts filed 24 days after the deadline
Score breakdownlowers riskSize: total assets €2.0mFigures for financial year 2025 (filed on 24-08-2026)Founded in 2008Equity €1.0m (52.1% of total assets)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 73% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency
77+18
equity 52.1% of total assets
Liquidity
51+7
short-term debt 26.7% · cash 9.1%
Profitability
81+7
return on assets 9.6%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: 0.1%▲ +0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.39 (0.37 in 2024), below 1. Short-term debt is 26.7% and cash 9.1% of total assets. 47.9% of the assets are financed with debt and provisions.
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 68, micro). It does better than 66% of them on solvency, 55% on liquidity, 78% on profitability and 92% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskneutral
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.0m
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
24 days late
2024
136 days early
2023
15 days early
2022
18 days early
2021
32 days early
2020
26 days early
2019
15 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 31 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 13 July (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 24 days after the deadline Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00416351.
Annual accounts 2025 filed on 24-08-2026 at the NBB all 17 filings
Turnover
≈ €420,000
Estimated: probably between €390,000 and €520,000
Total assets
€2.0m▲ 29.3%
2024 · €1.5m
Net result
€190,495▲ 178%
2024 · €68,431
Working capital
-€326,314▲ 31.9%
2024 · -€479,239
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€232,483
▲ 138%
2025
20182025
Net result
€190,495
▲ 178%
2025
highest quarter of the sector
20182025
Equity
€1.0m
▲ 101%
2025
middle half of the sector
20182025
Total assets
€2.0m
▲ 29.3%
2025
middle half of the sector
20182025
Debt
€951,877
▼ 6.9%
2025
20182025
Working capital
-€326,314
▲ 31.9%
2025
lowest quarter of the sector
20182025
Solvency
52.1%
▲ 18.6pp
2025
middle half of the sector
20182025
Current ratio
0.39
▲ 0.01
2025
middle half of the sector
20182025
Return on assets (ROA)
9.6%
▲ 5.1pp
2025
highest quarter of the sector
20182025
Staff (FTE)
0
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.02m-€0.02m▲ 3.7%€0.2m▲ 707%€0.006m▼ 97.1%€0.01m▲ 84.7%€0.03m▲ 162%€0.1m▲ 253%€0.2m▲ 138%
Net result€0.02m-€0.02m▲ 3.7%€0.09mwithin the sector's middle half▲ 271%-€0.08mbelow the sector's middle half-€0.06mbelow the sector's middle half▲ 30.9%-€0.01mwithin the sector's middle half▲ 80.9%€0.07mwithin the sector's middle half€0.2mabove the sector's middle half▲ 178%
Equity€0.6m-€0.6m▲ 4.4%€0.6mwithin the sector's middle half▲ 4.4%€0.5mwithin the sector's middle half▼ 13.9%€0.5mwithin the sector's middle half▼ 11.2%€0.4mwithin the sector's middle half▼ 2.4%€0.5mwithin the sector's middle half▲ 15.3%€1.0mwithin the sector's middle half▲ 101%
Total assets€0.7m-€0.7m▲ 3.5%€2.2mwithin the sector's middle half▲ 192%€1.9mwithin the sector's middle half▼ 15.1%€1.5mwithin the sector's middle half▼ 21.0%€1.2mwithin the sector's middle half▼ 17.9%€1.5mwithin the sector's middle half▲ 27.5%€2.0mwithin the sector's middle half▲ 29.3%
Debt€0.2m-€0.2m▲ 0.6%€1.6m▲ 817%€1.3m▼ 15.5%€1.0m▼ 24.7%€0.8m▼ 24.9%€1.0m▲ 34.7%€1.0m▼ 6.9%
Working capital-€0.2m--€0.2m▼ 0.6%€0.5mwithin the sector's middle half€0.2mwithin the sector's middle half▼ 47.1%€0.05mwithin the sector's middle half▼ 77.9%-€0.1mwithin the sector's middle half-€0.5mbelow the sector's middle half▼ 394%-€0.3mbelow the sector's middle half▲ 31.9%
Solvency76.2%-76.9%▲ 0.7pp27.4%within the sector's middle half▼ 49.4pp27.8%within the sector's middle half▲ 0.4pp31.2%within the sector's middle half▲ 3.4pp37.1%within the sector's middle half▲ 5.9pp33.6%within the sector's middle half▼ 3.6pp52.1%within the sector's middle half▲ 18.6pp
Current ratio0.00-0.00=2.51within the sector's middle half▲ 2.511.80within the sector's middle half▼ 0.711.24within the sector's middle half▼ 0.560.57within the sector's middle half▼ 0.670.37below the sector's middle half▼ 0.200.39within the sector's middle half▲ 0.01
Return on assets (ROA)3.2%-3.2%=4.1%within the sector's middle half▲ 0.9pp-4.5%below the sector's middle half▼ 8.6pp-3.9%below the sector's middle half▲ 0.6pp-0.9%within the sector's middle half▲ 3.0pp4.4%within the sector's middle half▲ 5.4pp9.6%above the sector's middle half▲ 5.1pp
Staff (FTE)0.4below the sector's middle half0.4below the sector's middle half=0within the sector's middle half0within the sector's middle half0within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 138% higher than in 2024 and the highest since 2018. It is the fourth rise in a row, after the fall in 2021.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.8m ▲ 42.2%
Current assets
€205,565 ▼ 27.6%
Equity and liabilities €2.0m
Equity
€1.0m ▲ 101%
Debt
€951,877 ▼ 6.9%
Debt's share of the balance-sheet total falls from 66.4% to 47.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€318,120▲
2024 · €263,115
Cash flow
€276,131▲
2024 · €233,786
Debt to equity
0.92▼
2024 · 1.98
ROE
18.4%▲
2024 · 13.3%
Interest coverage
9.38▲
2024 · 8.75
Debt ≤ 1 year
€531,878▼
2024 · €763,279
Debt > 1 year
€419,999▲
2024 · €258,597
Income taxes
€8,817
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 0 |
| part-time | 1 |
| in full-time equivalents | 0.4 |
| Average over the year, in full-time equivalents | 0.4 |
| On a permanent contract | 1 |
Source: social balance sheet in the 2021 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €1.1m | €940,366 | €739,307 | €927,091 | - |
| Mortgages, amount registered | €770,000 | €770,000 | €770,000 | €770,000 | - |
| Carrying value of the mortgaged assets | €804,236 | €832,635 | €859,777 | €859,777 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,393 | - | €5,696 | €312,495 | €238,807 |
| Intangible fixed assets | €4,447 | - | - | - | - |
| Financial fixed assets | - | - | - | €3,000 | €0 |
| Depreciation and write-downs of the year | €149,626 | €149,795 | €151,525 | €165,355 | €85,637 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €3,742 awarded · €3,742 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €0 | €3,742 |
| 2023 | 1 | €3,742 | €0 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €27,307 | €28,399 | €29,535 | €30,716 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €147,127 | €149,626 | €149,795 | €151,525 | €165,355 | €85,637 | ▼ 48.2% |
| Other operating charges640/8 | - | - | - | €3,359 | €6,374 | €11,869 | €9,235 | €55,919 | ▲ 505% |
| Non-recurring operating charges66A | - | - | - | - | - | €2,393 | €3,630 | €2,619 | ▼ 27.8% |
| Gross operating margin9900 | €24,230 | €25,103 | €352,010 | €158,712 | €166,747 | €193,474 | €275,980 | €376,659 | ▲ 36.5% |
| Operating profit (loss)9901 | €23,601 | €24,471 | €197,592 | €5,726 | €10,578 | €27,687 | €97,760 | €232,483 | ▲ 138% |
| Financial income75/76B | - | - | - | €3,840 | €959 | €0 | €753 | €750 | ▼ 0.4% |
| Recurring financial income75 | - | - | €3,952 | €3,840 | €959 | €0 | €753 | €750 | ▼ 0.4% |
| Financial charges65/66B | - | - | - | €93,302 | €69,427 | €38,737 | €30,082 | €33,921 | ▲ 12.8% |
| Recurring financial charges65 | €191 | €192 | €111,471 | €93,302 | €69,427 | €38,737 | €30,082 | €33,921 | ▲ 12.8% |
| Profit (loss) for the period before taxes9903 | €23,410 | €24,279 | €90,073 | -€83,736 | -€57,890 | -€11,051 | €68,431 | €199,312 | ▲ 191% |
| Income taxes67/77 | - | - | - | - | - | - | - | €8,817 | - |
| Profit (loss) for the period9904 | €23,410 | €24,279 | €90,073 | -€83,736 | -€57,890 | -€11,051 | €68,431 | €190,495 | ▲ 178% |
| Profit (loss) for the period to be appropriated9905 | €23,410 | €24,279 | €90,073 | -€83,736 | -€57,890 | -€11,051 | €68,431 | €190,495 | ▲ 178% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €0.7m | €2.2m | €1.9m | €1.5m | €1.2m | €1.5m | €2.0m | ▲ 29.3% |
| Fixed assets21/28 | €0.7m | €0.7m | €1.4m | €1.3m | €1.2m | €1.1m | €1.3m | €1.8m | ▲ 42.2% |
| Intangible fixed assets21 | - | - | - | €0.004m | €0.003m | €0.002m | €0.001m | €290 | ▼ 75.4% |
| Tangible fixed assets22/27 | €0.7m | €0.7m | €1.4m | €1.3m | €1.2m | €1.1m | €1.2m | €1.8m | ▲ 42.6% |
| Land and buildings22 | - | - | - | - | - | - | - | €1.5m | - |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.09m | €0.08m | €0.4m | €0.3m | ▼ 23.3% |
| Leasing and similar rights25 | - | - | - | €0.4m | €0.3m | €0.1m | €0 | - | - |
| Other tangible fixed assets26 | - | - | - | €0.8m | €0.8m | €0.9m | €0.9m | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | - | - | - | - | €0.003m | €0 | ▼ 100% |
| Current assets29/58 | €63 | €95 | €0.8m | €0.5m | €0.3m | €0.1m | €0.3m | €0.2m | ▼ 27.6% |
| Amounts receivable within one year40/41 | - | - | €0.4m | €0.2m | €171 | €0 | €0.03m | €0.02m | ▼ 29.1% |
| Trade receivables40 | - | - | - | €0 | - | - | - | €0.002m | - |
| Other amounts receivable41 | - | - | - | €0.2m | €171 | €0 | €0.03m | €0.02m | ▼ 38.2% |
| Cash at bank and in hand54/58 | €63 | €95 | €0.2m | €0.2m | €0.1m | €0.06m | €0.2m | €0.2m | ▼ 21.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.1m | €0.07m | €0.03m | €0.006m | ▼ 79.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €0.7m | €2.2m | €1.9m | €1.5m | €1.2m | €1.5m | €2.0m | ▲ 29.3% |
| Equity10/15 | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | €0.4m | €0.5m | €1.0m | ▲ 101% |
| Contributions10/11 | €0.6m | €0.6m | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Revaluation surpluses12 | - | - | - | - | - | - | - | €0.5m | - |
| Profit (loss) carried forward14 | -€0.05m | -€0.02m | €315 | -€0.08m | -€0.1m | -€0.2m | -€0.08m | -€0.04m | ▲ 48.2% |
| Amounts payable17/49 | €0.2m | €0.2m | €1.6m | €1.3m | €1.0m | €0.8m | €1.0m | €1.0m | ▼ 6.9% |
| Amounts payable after more than one year17 | - | - | €1.1m | €0.9m | €0.7m | €0.5m | €0.3m | €0.4m | ▲ 62.4% |
| Financial debts170/4 | - | - | - | €0.9m | €0.7m | €0.5m | €0.3m | €0.4m | ▲ 62.4% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | €0.8m | €0.5m | ▼ 30.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.2m | €0.7m | €0.08m | ▼ 87.3% |
| Financial debts43 | - | - | - | - | - | - | - | €0.03m | - |
| Other loans439 | - | - | - | - | - | - | - | €0.03m | - |
| Trade debts44 | - | - | €0.04m | €0.1m | €0.001m | €0.007m | €0.09m | €0.03m | ▼ 67.2% |
| Suppliers440/4 | - | - | - | €0.1m | €0.001m | €0.007m | €0.09m | €0.03m | ▼ 67.2% |
| Taxes, remuneration and social security45 | - | - | - | €113 | €0.02m | €0.01m | €0.001m | €0.02m | ▲ 25× |
| Taxes450/3 | - | - | - | €0 | €0.02m | €0.01m | €0.001m | €0.02m | ▲ 25× |
| Remuneration and social security454/9 | - | - | - | €113 | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0 | - | - | - | €0.4m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.1m | €0.05m | €0.001m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,410 | €24,279 | €90,073 | -€83,736 | -€57,890 | -€11,051 | €68,431 | €190,495 | ▲ 178% |
| + Depreciation and write-downs630 | - | - | €147,127 | €149,626 | €149,795 | €151,525 | €165,355 | €85,637 | ▼ 48.2% |
| Operating cash flow (approximation) | €23,410 | €24,279 | €237,200 | €65,890 | €91,905 | €140,475 | €233,786 | €276,131 | ▲ 18.1% |
| Investment in fixed assets (approximation) | - | -€25,246 | -€830,969 | -€34,147 | -€28,399 | -€32,837 | -€342,582 | -€614,714 | ▼ 79.4% |
| Change in cash | - | €32 | €213,668 | €10,082 | -€83,111 | -€81,210 | €171,049 | -€49,543 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as INDIGO has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
96.5%
was still going
3.1%
stopped otherwise
0.3%
went bankrupt
That fits the bankruptcy probability of INDIGO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for INDIGO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-08-2026 | 2026-00416351 | |
| 31-12-2024 | abbreviated format | 17-03-2025 | 2025-00048708 | |
| 31-12-2023 | abbreviated format | 16-07-2024 | 2024-00248255 | |
| 31-12-2022 | abbreviated format | 13-07-2023 | 2023-00231842 | |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20103928 | |
| 31-12-2020 | abbreviated format | 05-07-2021 | 2021-31700429 | |
| 31-12-2019 | abbreviated format | 16-07-2020 | 2020-31300433 | |
| 31-12-2018 | abbreviated format | 18-07-2019 | 2019-34800460 | |
| 31-12-2017 | abbreviated format | 24-07-2018 | 2018-37900229 | |
| 31-12-2016 | micro format | 17-07-2017 | 2017-33300175 |
Board & ownership
Directors
Directors
2 directors, last change in 2024
Board 2
GDB CONSULTING
Current
Director · since 31-10-2008 · term without a fixed end · Private limited company · permanent representative: VANDENABEELE Guido Roger Achiel · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 24-08-2026
LIFT
Current
Director · since 01-01-2024 · term without a fixed end · Public limited company · permanent representative: Bärbel Buyse · listed in the 2025 annual accounts, filed on 24-08-2026
Permanent representatives 2
Bärbel Buyse
Current
Permanent representative · in office according to the deed of 20-06-2024 · for LIFT
VANDENABEELE Guido Roger Achiel
Current
Permanent representative · in office according to the deed of 06-07-2022 · for GDB CONSULTING
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“steeds beëindigen wegens wettige reden, zonder opzeggingstermijn of vertrekvergoeding. Als er slechts één bestuurder is, is het geheel van…”
deed of 06-07-2022Owners and capital
Shareholders
3 ownersChain of control
- Sepia NV
- INDIGO
Owners 3
- Sepia NVconsolidating parentEquity €1.3m Profit of €298,324 in 2025 (loss of €56,924 in 2024)consolidates
- Sourceaccounts DELBO 2025Equity €1.3m Loss of €1,569 in 2025 (loss of €3,179 in 2024) Checked score 8150%
- Sourceaccounts LIFT 2025Equity €1.5m Profit of €62,617 in 2025 (profit of €38,361 in 2024) Checked score 8850%
Capital transactions
Capital over time
- 06-07-2022 Converted to unavailable equity · €600,000
Mandate history
3 people, 2 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| GDB CONSULTING |
|
| LIFT |
|
| MESICS |
|
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
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Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
24-08
abbreviated format · 24 days late
2025
31-12
Financial
Highest result from 2018 to 2025net €190,495 ▲178%
The operating result of €232,483 and the net result of €190,495 are both a record.
31-12
Financial
Equity above €1mequity €1.0m ▲101%
After 2 profitable years in a row, equity reaches €1.0m.
17-03
abbreviated format · 136 days before the deadline
2024
31-12
Financial
Back to profitnet €68,431
The net result is €68,431, after 3 loss-making years.
31-12
Financial
Equity above €500,000equity €516,070 ▲15.3%
Equity rises from €447,638 to €516,070.
16-07
abbreviated format · 15 days before the deadline
20-06
Gazette deed
Reappointment: LIFT NV (director)Permanent representative: Bärbel Buyse3 points ▸
Gazette deed
Reappointment: LIFT NV (director)
Permanent representative: Bärbel Buyse3 points ▸
- General meeting, 08-03-2024
- Director reappointment, LIFT NV
- Permanent representative, Bärbel Buyse (vaste vertegenwoordiger in de zin van artikel 2:55 wwv)
2023
11-08
Gazette deed
1 director appointed, 1 director resigningResignation: Mesics BV (director) · Appointment: Lift NV (director) · Permanent representative: Bärbel Buysse4 points ▸
Gazette deed
1 director appointed, 1 director resigning
Resignation: Mesics BV (director) · Appointment: Lift NV (director) · Permanent representative: Bärbel Buysse4 points ▸
- General meeting, 24-06-2023
- Director resignation, Mesics BV
- Director appointment, Lift NV
- Permanent representative, Bärbel Buysse
13-07
abbreviated format · 18 days before the deadline
2022
06-07
Gazette deed
2 directors reappointedReappointments: MESICS (director) and GDB Consulting (director) · Permanent representatives: BUYSE Bärbel Franka Johanna Cyrilla and VANDENABEELE Guido Roger Achiel7 points ▸
Gazette deed
2 directors reappointed
Reappointments: MESICS (director) and GDB Consulting (director) · Permanent representatives: BUYSE Bärbel Franka Johanna Cyrilla and VANDENABEELE Guido Roger Achiel7 points ▸
- 10,000 shares
- Registered office clause, Doornpark 57, 9120 Beveren
- Director reappointment, MESICS
- Director reappointment, GDB Consulting
- Permanent representative, BUYSE Bärbel Franka Johanna Cyrilla
- Permanent representative, VANDENABEELE Guido Roger Achiel
- Power of attorney, Ann Daels
- The deed holds 6 more points.
29-06
abbreviated format · 32 days before the deadline
Show earlier events
2021
31-12
Financial
Weakest financial yearnet -€83,736
The net result drops to -€83,736, the lowest from 2018 to 2025. It recovers the following year.
05-07
abbreviated format · 26 days before the deadline
2020
31-12
Financial
Liquidity more than 4563 timescurrent ratio 2.51
The current ratio rises from 0.00 to 2.51.
16-07
abbreviated format · 15 days before the deadline
2019
18-07
abbreviated format · 13 days before the deadline
2018
24-07
abbreviated format · 7 days before the deadline
2017
17-07
micro format · 14 days before the deadline
2008
10-11
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
INDIGO in Dutch
Enterprise number
0807.512.330
Legal form
Private limited company
Status
Active, normal situation
Founded
31-10-2008
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-07-2022 (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.
“Vlaams Gewest”
deed of 06-07-2022 (in Dutch)Registered office and establishments
Registered office
Doornpark 57, 9120 Beveren-Kruibeke-Zwijndrecht, Belgium
Establishment unit
INDIGO, Doornpark 57, 9120 Beveren-Kruibeke-Zwijndrecht since 31-10-2008 · unit number 2.174.441.872
Activities
NACEBEL 202568203
Renting and operating of own or leased non-residential real estate, excluding land main activity
64210
Activities of holding companies
68204
Real estate activities
70200
Business and other management consultancy
82990
Other business support services
Codes under NACEBEL 2008
68203
Real estate rental main activity
64200
Holdings
68204
Real estate activities
70220
Business consulting
82990
Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 06-07-2022 (in Dutch)
“Het aanleggen,het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen en dit in de meest ruime zin van het woord…”
7 activities
- Het aanleggen,het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen en dit in de meest ruime zin van het woord;
- Alle studies en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten welke daaruit voortvloeien,zoals de aankoop,de bouw,de bouwpromotie,renovatie,de verbouwing,bemiddeling,beheer,de aanpassing,de huur en onderhuur,de uitbating,de ruiling,de verkoop en,in het algemeen,alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,voor zichzelf of voor anderen van alle bebouwde of onbebouwde onroerende goederen en alle zakelijke rechten op dergelijke goederen;
- Het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen waarin ze een participatie aanhoudt of waarmee ze verbonden is;het deelnemen aan hun beheer,bestuur en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- De vennootschap mag alle roerende of onroerende goederen,materialen en benodigdheden,verwerven,huren of verhuren,vervaardigen,bewerken,overdragen of ruilen,en in het algemeen,alle commerciële,industriële of financiële handelingen verrichten,die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp,met inbegrip van de onderaanneming in het algemeen,en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben.
- Zij mag alle roerende en onroerende goederen als investering verwerven,zelfs als deze noch rechtsreeks noch onrechtstreeks verband houden met het voorwerp van de vennootschap.
- De vennootschap mag het bestuur en de vereffening waarnemen in alle verbonden vennootschappen,met dewelke een of andere band van deelneming bestaat en mag alle leningen,van gelijk welke vorm en voor gelijk welke duur,aan deze laatste toestaan of persoonlijke of zakelijke zekerheden verstrekken voor deze vennootschappen.
- Zij mag bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of in het buitenland,waarvan het voorwerp identiek,gelijkaardig of verwant is met het hare,of van aard is de uitoefening van haar voorwerp te bevorderen.
Invoicing and payment
VAT number
BE 0807.512.330
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of June at 10:30
deed of 06-07-2022 (in Dutch)Environmental permits
3 applications in Flanders since 2022 · 3 granted
Bouwen of herbouwen
Functiewijziging zonder verbouwingswerken
Functiewijziging zonder verbouwingswerken
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
2.0 ha
Building footprint
9,406 m²
Building volume
75,928 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46503C1235/00C000 | Flanders | 2.0 ha | 1 · 9,406 m² | 15.3 m · 2 |