Summary
INDUBEMA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.3m and a net result of -€3.2m. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 2444 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
9 d early
2023
21 d early
2022
26 d early
2021
33 d early
2020
24 d early
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 oldest company in Arendonk, Finance and insurance sector#9 company by equity in Arendonk, Finance and insurance sector
Equity
€5.3m▼ 37.2%
2024 · €8.5m
Net result
-€3.2m
2024 · €1.2m
Total assets
€5.9m▼ 34.7%
2024 · €9.1m
Solvency
90.0%▼ 3.5pp
2024 · 93.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€329,760▼ 33.6%€328,104▼ 0.5%€328,320▲ 0.1%€331,200▲ 0.9%€288,720▼ 12.8%
Operating result€80,734▼ 44.6%€599,708▲ 643%€13,034▼ 97.8%€31,240▲ 140%-€137,016
Net result€72,175within the sector's middle half▼ 81.3%€460,856within the sector's middle half▲ 539%€12,256within the sector's middle half▼ 97.3%€1.2mabove the sector's middle half▲ 10,048%-€3.2mbelow the sector's middle half
Equity€6.8mwithin the sector's middle half▲ 1.1%€7.2mwithin the sector's middle half▲ 6.8%€7.2mwithin the sector's middle half▲ 0.2%€8.5mwithin the sector's middle half▲ 17.2%€5.3mwithin the sector's middle half▼ 37.2%
Total assets€6.8mwithin the sector's middle half▲ 1.3%€7.5mwithin the sector's middle half▲ 9.0%€8.5mwithin the sector's middle half▲ 14.1%€9.1mwithin the sector's middle half▲ 6.4%€5.9mwithin the sector's middle half▼ 34.7%
Debt€83,770▲ 18.2%€241,450▲ 188%€1.3m▲ 432%€585,138▼ 54.4%€590,980▲ 1.0%
Working capital€3.0mabove the sector's middle half▲ 7.0%€3.6mabove the sector's middle half▲ 19.4%-€615,938below the sector's middle half€117,811within the sector's middle half-€20,117within the sector's middle half
Solvency98.8%above the sector's middle half▼ 0.2pp96.8%above the sector's middle half▼ 2.0pp84.9%above the sector's middle half▼ 11.8pp93.5%above the sector's middle half▲ 8.6pp90.0%above the sector's middle half▼ 3.5pp
Current ratio36.59above the sector's middle half▼ 3.7115.74above the sector's middle half▼ 20.840.20below the sector's middle half▼ 15.542.60within the sector's middle half▲ 2.400.67within the sector's middle half▼ 1.93
Return on assets (ROA)1.1%within the sector's middle half▼ 4.7pp6.2%within the sector's middle half▲ 5.1pp0.1%within the sector's middle half▼ 6.0pp13.7%above the sector's middle half▲ 13.6pp-53.4%below the sector's middle half▼ 67.1pp
Staff (FTE)3within the sector's middle half=3within the sector's middle half=2.9within the sector's middle half▼ 3.3%2.8within the sector's middle half▼ 3.4%2.6within the sector's middle half▼ 7.1%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €137,016 after €31,240 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.9m
Fixed assets
€5.9m ▼ 33.8%
Current assets
€41,627 ▼ 78.2%
Equity and liabilities €5.9m
Equity
€5.3m ▼ 37.2%
Debt
€590,980 ▲ 1.0%
Debt's share of the balance-sheet total rises from 6.5% to 10.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-59.3%▼
2024 · 14.7%
Debt ≤ 1 year
€61,744▼
2024 · €73,471
Debt > 1 year
€500,000=
2024 · €500,000
Staff costs
€225,092▼
2024 · €235,206
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €481,364 | €961,290 | €328,876 | €331,741 | €312,888 | ▼ 5.7% |
| Turnover70 | €329,760 | €328,104 | €328,320 | €331,200 | €288,720 | ▼ 12.8% |
| Other operating income74 | €24,722 | €1,490 | €556 | €541 | €447 | ▼ 17.4% |
| Non-recurring operating income76A | €126,882 | €631,696 | - | - | €23,721 | - |
| Operating charges60/66A | €400,630 | €361,582 | €315,841 | €300,501 | €449,904 | ▲ 49.7% |
| Services and other goods61 | €124,378 | €117,556 | €58,210 | €64,160 | €52,485 | ▼ 18.2% |
| Remuneration, social security and pensions62 | €265,773 | €240,146 | €255,905 | €235,206 | €225,092 | ▼ 4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,468 | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €171,158 | - |
| Other operating charges640/8 | €6,011 | €3,880 | €1,726 | €1,136 | €1,168 | ▲ 2.9% |
| Operating profit (loss)9901 | €80,734 | €599,708 | €13,034 | €31,240 | -€137,016 | ▼ 539% |
| Financial income75/76B | €16,415 | €15,765 | €15,966 | €1.2m | €25 | ▼ 100.0% |
| Recurring financial income75 | €16,415 | €15,765 | €15,966 | €1.2m | €25 | ▼ 100.0% |
| Income from financial fixed assets750 | - | - | - | €1.2m | - | - |
| Income from current assets751 | €16,415 | €15,765 | €15,966 | €283 | €25 | ▼ 91.1% |
| Financial charges65/66B | €582 | €670 | €12,329 | €18,197 | €3.0m | ▲ 16,474% |
| Recurring financial charges65 | €582 | €670 | €12,329 | €18,197 | €18,506 | ▲ 1.7% |
| Debt charges650 | - | - | €11,667 | €17,500 | €17,520 | ▲ 0.1% |
| Other financial charges652/9 | €582 | €670 | €662 | €697 | €986 | ▲ 41.5% |
| Non-recurring financial charges66B | - | - | - | - | €3.0m | - |
| Profit (loss) for the period before taxes9903 | €96,566 | €614,803 | €16,671 | €1.2m | -€3.2m | ▼ 353% |
| Income taxes67/77 | €24,391 | €153,947 | €4,415 | €3,921 | - | - |
| Taxes670/3 | €24,391 | €153,947 | €4,415 | €3,921 | - | - |
| Profit (loss) for the period9904 | €72,175 | €460,856 | €12,256 | €1.2m | -€3.2m | ▼ 354% |
| Profit (loss) for the period to be appropriated9905 | €72,175 | €460,856 | €12,256 | €1.2m | -€3.2m | ▼ 354% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.8m | €7.5m | €8.5m | €9.1m | €5.9m | ▼ 34.7% |
| Fixed assets21/28 | €3.8m | €3.7m | €8.4m | €8.9m | €5.9m | ▼ 33.8% |
| Tangible fixed assets22/27 | €118,304 | - | - | - | - | - |
| Land and buildings22 | €118,304 | - | - | - | - | - |
| Financial fixed assets28 | €3.7m | €3.7m | €8.4m | €8.9m | €5.9m | ▼ 33.8% |
| Affiliated companies280/1 | €3.7m | €3.7m | €8.4m | €8.9m | €5.9m | ▼ 33.8% |
| Participating interests280 | €3.7m | €3.7m | €8.4m | €8.9m | €5.9m | ▼ 33.8% |
| Current assets29/58 | €3.1m | €3.8m | €155,739 | €191,282 | €41,627 | ▼ 78.2% |
| Amounts receivable within one year40/41 | €67,825 | €360,767 | €82,907 | €147,522 | €36,776 | ▼ 75.1% |
| Trade receivables40 | €62,216 | €130,767 | €34,848 | €147,522 | €36,684 | ▼ 75.1% |
| Other amounts receivable41 | €5,609 | €230,000 | €48,059 | - | €93 | - |
| Current investments50/53 | €2.6m | €2.6m | €2,023 | €2,221 | €2,233 | ▲ 0.5% |
| Other investments51/53 | €2.6m | €2.6m | €2,023 | €2,221 | €2,233 | ▲ 0.5% |
| Cash at bank and in hand54/58 | €370,416 | €798,549 | €70,810 | €41,539 | €2,612 | ▼ 93.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €6 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.8m | €7.5m | €8.5m | €9.1m | €5.9m | ▼ 34.7% |
| Equity10/15 | €6.8m | €7.2m | €7.2m | €8.5m | €5.3m | ▼ 37.2% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Issued capital100 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €6.5m | €7.0m | €7.0m | €8.2m | €5.1m | ▼ 38.4% |
| Non-distributable reserves130/1 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Legal reserve130 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Tax-exempt reserves132 | €64,273 | €64,273 | €64,273 | €64,273 | €64,273 | = |
| Distributable reserves133 | €6.4m | €6.9m | €6.9m | €8.1m | €5.0m | ▼ 38.8% |
| Amounts payable17/49 | €83,770 | €241,450 | €1.3m | €585,138 | €590,980 | ▲ 1.0% |
| Amounts payable after more than one year17 | - | - | €500,000 | €500,000 | €500,000 | = |
| Financial debts170/4 | - | - | €500,000 | €500,000 | €500,000 | = |
| Other loans174 | - | - | €500,000 | €500,000 | €500,000 | = |
| Amounts payable within one year42/48 | €83,770 | €241,450 | €771,677 | €73,471 | €61,744 | ▼ 16.0% |
| Trade debts44 | €16,964 | €1,553 | €7,136 | €10,485 | €24,197 | ▲ 131% |
| Suppliers440/4 | €16,964 | €1,553 | €7,136 | €10,485 | €24,197 | ▲ 131% |
| Taxes, remuneration and social security45 | €66,807 | €214,897 | €64,541 | €62,986 | €30,942 | ▼ 50.9% |
| Taxes450/3 | €24,615 | €184,054 | €26,921 | €29,030 | €11,352 | ▼ 60.9% |
| Remuneration and social security454/9 | €42,192 | €30,843 | €37,621 | €33,956 | €19,590 | ▼ 42.3% |
| Other amounts payable47/48 | - | €25,000 | €700,000 | - | €6,605 | - |
| Accrued charges and deferred income492/3 | - | - | €11,667 | €11,667 | €29,236 | ▲ 151% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,175 | €460,856 | €12,256 | €1.2m | -€3.2m | ▼ 354% |
| + Depreciation and write-downs630 | €4,468 | - | - | - | - | - |
| Operating cash flow (approximation) | €76,643 | €460,856 | €12,256 | €1.2m | -€3.2m | ▼ 354% |
| Investment in fixed assets (approximation) | - | €118,304 | -€4.7m | -€510,000 | €3.0m | ▲ 688% |
| Change in cash | - | €428,134 | -€727,740 | -€29,271 | -€38,927 | ▼ 33.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€3.2m
Net result drops to -€3.2m, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 13current ratio 2.60
Current ratio from 0.20 to 2.60; short-term debt falls from €771,677 to €73,471.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 11current ratio 33.17
Current ratio from 3.13 to 33.17; short-term debt falls from €1.1m to €74,218.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Arendonk · 1 establishment unit since 1987
Ground area
9,283 m²
Building footprint
1,554 m²
Volume, LiDAR
8,612 m³
Parcel 13322C1263/00N000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INDUBEMA
since 19872.032.117.039
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322C1263/00N000 | Flanders | 9,283 m² | 1 · 1,554 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 4 holdings · 4 subsidiaries in the treeOwners 1
- Sourceaccounts INDU 202549.9%
Holdings 4
- Indupol Industriële Kunststoffen ProduktenNLsubsidiarySourceown accounts 2025Equity €316,734Result -€300100%
-
100%
-
99.87%
-
29.29%
All subsidiaries, including indirect ones 4
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- Indupol Industriële Kunststoffen ProduktenNL 100%
- Indupol International Ilava s.r.o.SK 100%
INDUPOL INTERNATIONAL 99.87%1 subsidiary
- Indupol International Ilava, s.r.o.SK 100%
According to the 2025 annual accounts of INDUBEMA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 7,959 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-04-1987
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430877166
Registered
18-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.