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INDUCOM

Active Risk: low
Public limited companyfounded 1985active for 41 yearsIndustrielaan 6, 1740 Ternat, BelgiumKBO/BCE: BE 0426.940.649
Summary

INDUCOM has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €338,399 and a net result of €80,797. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.9% (low).

Financials · financial year 2022, abbreviated format, 2025 accounts filed, figures not processed yet

Turnover
€11.6m▼ 0.5%
2019 · €11.7m
EBIT margin
10.0%▼ 0.6pp
2019 · 10.6%
Net result
€80,797▲ 963%
2021 · €7,602
Working capital
€338,430▲ 31.4%
2021 · €257,642
Trend over the years

2019 to 2022, 4 financial years 2019 to 2022, 4 financial years

The operating result recovers in 2022; 2022 is over 12 times 2021.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€11.6m 2020 Operating result€0.1m 2022 Net result€0.08m 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022
Turnover€11.7m-€11.6m▼ 0.5%
Operating result€1.2m-€1.2m▼ 6.2%€0.009m▼ 99.3%€0.1m▲ 12×
Net result€1.6m-€1.6mabove the sector's middle half▲ 2.8%€0.008mwithin the sector's middle half▼ 99.5%€0.08mwithin the sector's middle half▲ 963%
EBIT margin10.6%-10.0%▼ 0.6pp
Equity€18.2m-€19.8mabove the sector's middle half▲ 9.0%€0.3mwithin the sector's middle half▼ 98.7%€0.3mwithin the sector's middle half▲ 31.4%
Total assets€21.0m-€22.8mabove the sector's middle half▲ 8.4%€0.3mbelow the sector's middle half▼ 98.9%€0.3mbelow the sector's middle half▲ 31.0%
Debt€2.8m-€2.9m▲ 4.8%€0.004m▼ 99.9%€0.004m▲ 6.3%
Working capital€18.0m-€19.7mabove the sector's middle half▲ 9.5%€0.3mwithin the sector's middle half▼ 98.7%€0.3mwithin the sector's middle half▲ 31.4%
Solvency86.6%-87.1%above the sector's middle half▲ 0.5pp98.4%above the sector's middle half▲ 11.3pp98.7%above the sector's middle half▲ 0.3pp
Current ratio7.50-7.83above the sector's middle half▲ 0.3362.61above the sector's middle half▲ 54.7876.97above the sector's middle half▲ 14.36
Return on assets (ROA)7.5%-7.2%above the sector's middle half▼ 0.4pp2.9%within the sector's middle half▼ 4.3pp23.6%above the sector's middle half▲ 20.7pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
  • 2021 Net result -100% on 2020. This financial year ran 23 months, the previous one 12.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €342,885
Equity €338,399 ▲ 31.4%
Debt €4,486 ▲ 6.3%
Debt's share of the balance-sheet total falls from 1.6% to 1.3%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
Debt to equity
0.01▼
2021 · 0.02
ROE
23.9%▲
2021 · 3.0%
Debt ≤ 1 year
€4,455▲
2021 · €4,182
Income taxes
€27,088▲
2021 · €2,600
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 41 lines
Balance sheet Code20212022
Assets
Total assets20/58€261,824€342,885▲
Current assets29/58€261,824€342,885▲
Amounts receivable within one year40/41€217,523€332,221▲
Other amounts receivable41€217,523€332,221▲
Cash at bank and in hand54/58€44,301€10,663▼
Equity and liabilities
Total equity and liabilities10/49€261,824€342,885▲
Equity10/15€257,602€338,399▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€1,894€6,150▲
Non-distributable reserves130/1€1,894€6,150▲
Legal reserve130€1,894€6,150▲
Profit (loss) carried forward14€194,208€270,749▲
Amounts payable17/49€4,222€4,486▲
Amounts payable within one year42/48€4,182€4,455▲
Trade debts44€4,182€4,455▲
Suppliers440/4€4,182€4,455▲
Accrued charges and deferred income492/3€40€31▼
Income statement Code20212022
Operating income70/76A€135,000-
Other operating income74€135,000-
Operating charges60/66A€126,438-
Services and other goods61€124,702-
Other operating charges640/8€1,736€868▼
Gross operating margin9900-€105,645
Operating profit (loss)9901€8,562€104,777▲
Financial income75/76B-€3,785
Recurring financial income75€2,124€3,785▲
Income from current assets751€2,124-
Financial charges65/66B€484€677▲
Recurring financial charges65€484€677▲
Other financial charges652/9€484-
Profit (loss) for the period before taxes9903€10,202€107,885▲
Income taxes67/77€2,600€27,088▲
Taxes670/3€2,600-
Profit (loss) for the period9904€7,602€80,797▲
Profit (loss) for the period to be appropriated9905€7,602€80,797▲
Appropriation of the result
Profit (loss) to be appropriated9906€194,589€275,006▲
Profit (loss) brought forward from the previous period14P€186,987€194,208▲
Transfer to equity691/2€381€4,257▲
To the legal reserve6920€381€4,257▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Operating income70/76A--€0.1m--
Turnover70€11.7m€11.6m---
Other operating income74--€0.1m--
Operating charges60/66A--€0.1m--
Services and other goods61--€0.1m--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.09m€0.08m---
Other operating charges640/8--€0.002m€0.001m▼ 50.0%
Gross operating margin9900---€0.1m-
Operating profit (loss)9901€1.2m€1.2m€0.009m€0.1m▲ 12×
Financial income75/76B---€0.004m-
Recurring financial income75€1.1m€1.3m€0.002m€0.004m▲ 78.2%
Income from current assets751--€0.002m--
Financial charges65/66B--€484€0.001m▲ 39.9%
Recurring financial charges65€0.03m€0.04m€484€0.001m▲ 39.9%
Other financial charges652/9--€484--
Profit (loss) for the period before taxes9903€2.3m€2.4m€0.01m€0.1m▲ 957%
Income taxes67/77€0.7m€0.7m€0.003m€0.03m▲ 942%
Taxes670/3--€0.003m--
Profit (loss) for the period9904€1.6m€1.6m€0.008m€0.08m▲ 963%
Profit (loss) for the period to be appropriated9905€1.6m€1.6m€0.008m€0.08m▲ 963%
Line2019202020212022Change
Assets
Total assets20/58€21.0m€22.8m€0.3m€0.3m▲ 31.0%
Fixed assets21/28€0.2m€0.2m---
Tangible fixed assets22/27€0.2m€0.2m---
Current assets29/58€20.8m€22.6m€0.3m€0.3m▲ 31.0%
Stocks and contracts in progress3€2.1m€1.8m---
Amounts receivable within one year40/41€18.6m€20.7m€0.2m€0.3m▲ 52.7%
Other amounts receivable41--€0.2m€0.3m▲ 52.7%
Cash at bank and in hand54/58€0.09m€0.05m€0.04m€0.01m▼ 75.9%
Equity and liabilities
Total equity and liabilities10/49€21.0m€22.8m€0.3m€0.3m▲ 31.0%
Equity10/15€18.2m€19.8m€0.3m€0.3m▲ 31.4%
Contributions10/11€1.2m€1.2m€0.06m€0.06m=
Capital10--€0.06m€0.06m=
Issued capital100--€0.06m€0.06m=
Reserves13€0.1m€0.1m€0.002m€0.006m▲ 225%
Non-distributable reserves130/1--€0.002m€0.006m▲ 225%
Legal reserve130--€0.002m€0.006m▲ 225%
Profit (loss) carried forward14€16.9m€18.5m€0.2m€0.3m▲ 39.4%
Provisions and deferred taxes16€0.007m€0.005m---
Amounts payable17/49€2.8m€2.9m€0.004m€0.004m▲ 6.3%
Amounts payable within one year42/48€2.8m€2.9m€0.004m€0.004m▲ 6.5%
Trade debts44€1.3m€1.4m€0.004m€0.004m▲ 6.5%
Suppliers440/4--€0.004m€0.004m▲ 6.5%
Accrued charges and deferred income492/3--€40€31▼ 22.6%
Line2019202020212022Change
Profit (loss) for the period9904€1.6m€1.6m€0.008m€0.08m▲ 963%
+ Depreciation and write-downs630€0.09m€0.08m---
Operating cash flow (approximation)€1.7m€1.7m€0.008m€0.08m▲ 963%
Investment in fixed assets (approximation)--€0.002m---
Change in cash--€0.04m-€0.004m-€0.03m▼ 796%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 39 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 unclassified schema 31-03-2026 2026-00073403
31-12-2024 unclassified schema 11-04-2025 2025-00070169
31-12-2023 unclassified schema 19-04-2024 2024-00067094
31-12-2022 abbreviated format 28-04-2023 2023-00078180
31-12-2021 full format 29-03-2022 2022-09100508
31-01-2020 full format 31-07-2020 2020-39300199
31-01-2019 full format 18-07-2019 2019-36000145
31-01-2018 full format 01-08-2018 2018-42800423
31-01-2017 full format 25-07-2017 2017-36300161
31-01-2016 full format 12-08-2016 2016-42800283

Show all 39 filings

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