INDUCAM 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 €25.03M and a net result of €236k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 90% of 2377 sector peers (fiscal year 2025). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
Credit advice for your own amount and term
Signals
Three signals. 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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 d late
2023
16 d late
2022
31 d late
2021
6 d early
2020
1 d early
2019
87 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€25.03M▲ 1.0%
2024 · €24.79M
2019: €21.66M
2020: €23.20M
2021: €23.42M
2022: €23.49M
2023: €23.89M
2024: €24.79M
2019 → 2025
Net result
€236k▼ 73.7%
2024 · €897k
2019: €902k
2020: €1.54M
2021: €221k
2022: €72k
2023: €402k
2024: €897k
2019 → 2025
Total assets
€25.44M▲ 0.3%
2024 · €25.36M
2019: €21.75M
2020: €23.33M
2021: €23.52M
2022: €23.60M
2023: €24.00M
2024: €25.36M
2019 → 2025
Solvency
98.4%▲ 0.6pp
2024 · 97.8%
2019: 99.5%
2020: 99.5%
2021: 99.6%
2022: 99.5%
2023: 99.5%
2024: 97.8%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23.42M-€23.49M▲ 0.3%€23.89M▲ 1.7%€24.79M▲ 3.8%€25.03M▲ 1.0%
Operating result€-211k-€-276k▼ 30.9%€-259k▲ 6.3%€-684k▼ 164%€-289k▲ 57.7%
Net result€221k-€72k▼ 67.7%€402k▲ 461%€897k▲ 123%€236k▼ 73.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €289k in 2025 against €684k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25.44M
Fixed assets
€3.00M▼ 1.9%
Current assets
€22.44M▲ 0.6%
Equity and liabilities €25.44M
Equity
€25.03M▲ 1.0%
Debt
€411k▼ 27.4%
The debt ratio falls from 2.2% to 1.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
98.4%▲
2024 · 97.8%
ROE
0.9%▼
2024 · 3.6%
ROA
0.9%▼
2024 · 3.5%
Debt
€411k▼
2024 · €566k
Debt ≤ 1 year
€388k▼
2024 · €521k
Income taxes
€30k▼
2024 · €369k
Staff costs
€82k▲
2024 · €79k
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€25.36M€25.44M▲
Fixed assets21/28€3.06M€3.00M▼
Tangible fixed assets22/27€592k€554k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€235k€198k▼
Other tangible fixed assets26€355k€355k=
Financial fixed assets28€2.47M€2.45M▼
Current assets29/58€22.30M€22.44M▲
Amounts receivable after more than one year29€1.06M€1.04M▼
Other amounts receivable291€1.06M€1.04M▼
Amounts receivable within one year40/41€10.07M€12.78M▲
Trade receivables40€9k€26k▲
Other amounts receivable41€10.06M€12.75M▲
Current investments50/53€9.36M€6.39M▼
Cash at bank and in hand54/58€1.80M€2.22M▲
Deferred charges and accrued income490/1€8k€9k▲
Equity and liabilities
Total equity and liabilities10/49€25.36M€25.44M▲
Equity10/15€24.79M€25.03M▲
Contributions10/11€242k€242k=
Capital10€242k€242k=
Issued capital100€242k€242k=
Reserves13€24.55M€24.79M▲
Non-distributable reserves130/1€24k€24k=
Legal reserve130€24k€24k=
Tax-exempt reserves132€168k€168k=
Distributable reserves133€24.36M€24.59M▲
Amounts payable17/49€566k€411k▼
Amounts payable within one year42/48€521k€388k▼
Trade debts44€168k€40k▼
Suppliers440/4€168k€40k▼
Taxes, remuneration and social security45€353k€348k▼
Taxes450/3€337k€337k▲
Remuneration and social security454/9€16k€11k▼
Accrued charges and deferred income492/3€45k€23k▼
Income statement
Code20242025
Remuneration, social security and pensions62€79k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€38k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€295k€-68k▼
Other operating charges640/8€10k€11k▲
Gross operating margin9900€-262k€-227k▲
Operating profit (loss)9901€-684k€-289k▲
Financial income75/76B€2.36M€1.23M▼
Recurring financial income75€2.36M€1.23M▼
Financial charges65/66B€407k€672k▲
Recurring financial charges65€407k€672k▲
Profit (loss) for the period before taxes9903€1.27M€267k▼
Income taxes67/77€369k€30k▼
Profit (loss) for the period9904€897k€236k▼
Profit (loss) for the period to be appropriated9905€897k€236k▼
Appropriation of the result
Profit (loss) to be appropriated9906€897k€236k▼
Transfer to equity691/2€897k€236k▼
To other reserves6921€897k€236k▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (10 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €25MEq €25.03M ▲1%
7 profitable years in a row build equity to €25.03M.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 16 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €72k ▼67.7%
Net result drops to €72k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2019net €1.54M ▲71%
Net result €1.54M, the highest in the series.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 87 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
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 2025
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.
01-11-2025
BV AC KOR: Resigned as Director
01-11-2025
Luc Carbonez: Resigned as Director
03-01-2024
Luc Carbonez: Resigned as Director
03-01-2024
AC KOR: Resigned as Director
03-01-2024
Franky Carbonez: Resigned as Director
01-01-2023
Astrid Carbonez: Resigned as Director
23-01-2017
Marianne De Backer: Resigned as Director
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 2000
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.
Prins Boudewijnlaan 7b2550 KontichGround area
5.2 ha
Building footprint
5,634 m²
Volume, LiDAR
39,838 m³
Parcel 11024B0077/00M000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Prins Boudewijnlaan 7B, 2550 Kontich
since 20002.059.240.516
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0077/00M000 | Flanders | 5.2 ha | 1 · 5,634 m² | 11.8 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500ODC34RH7R9TD80
Similar companies · same sector, comparable size
MINAFIN
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H.V.H.
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HOLDING TIAN
BE 0885.846.362
Brecht · Eq €24.98M
AUTOMOTIVE & MOBILITY INVEST
BE 0681.419.060
Hasselt · Eq €25.12M
Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 3,839 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-05-1992
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
74142
74151
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.