INDUCON
Annual accounts 2025
micro format, filed on 22-12-2025, 209 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €200,000 and €520,000.
Balance sheet
balance sheet total €326,359 on 19-12-2025Change in equityin euro
Change in cashin euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
Total assets20/58 |
326,359 | 274,474 | 302,076 | |
Fixed assets21/28 |
213,300 | 170,380 | 176,016 | |
Tangible fixed assets22/27 |
213,300 | 170,380 | 176,016 | |
Land and buildings22 |
213,300 | 170,238 | 175,344 | |
Furniture and vehicles24 |
- | 141 | 672 | |
Current assets29/58 |
113,059 | 104,095 | 126,060 | |
Amounts receivable within one year40/41 |
40,768 | 24,929 | 16,606 | |
Trade receivables40 |
- | 17,680 | - | |
Other amounts receivable41 |
40,768 | 7,249 | 16,606 | |
Current investments50/53 |
- | 75,000 | 100,000 | |
Cash at bank and in hand54/58 |
72,291 | 4,016 | 8,882 | |
Deferred charges and accrued income490/1 |
- | 150 | 572 | |
| Balance sheet: equity and liabilities | ||||
Total equity and liabilities10/49 |
326,359 | 274,474 | 302,076 | |
Equity10/15 |
326,359 | 252,252 | 286,421 | |
Contributions10/11 |
6,200 | 6,200 | 6,200 | |
Reserves13 |
320,159 | 246,052 | 280,221 | |
Non-distributable reserves130/1 |
1,860 | 1,860 | 1,860 | |
Reserves not available under the articles1311 |
1,860 | 1,860 | 1,860 | |
Distributable reserves133 |
318,299 | 244,192 | 278,361 | |
Amounts payable17/49 |
- | 22,222 | 15,655 | |
Amounts payable within one year42/48 |
- | 21,898 | 15,331 | |
Trade debts44 |
- | 34 | 117 | |
Suppliers440/4 |
- | 34 | 117 | |
Taxes, remuneration and social security45 |
- | 2,764 | 2,955 | |
Taxes450/3 |
- | 2,764 | 2,955 | |
Other amounts payable47/48 |
- | 19,100 | 12,259 | |
Accrued charges and deferred income492/3 |
- | 324 | 324 | |
| Income statement | ||||
Non-recurring operating income76A |
118,070 | 16,000 | - | |
Gross operating margin9900 |
99,107 | 2,453 | 31,501 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
- | 5,637 | 5,637 | |
Other operating charges640/8 |
2,331 | 2,525 | 2,554 | |
Operating profit (loss)9901 |
96,776 | -5,709 | 23,311 | |
Financial income75/76B |
1,345 | 3,205 | 1,654 | |
Recurring financial income75 |
1,345 | 3,205 | 1,654 | |
Financial charges65/66B |
150 | 135 | 302 | |
Recurring financial charges65 |
150 | 135 | 302 | |
Profit (loss) for the period before taxes9903 |
97,971 | -2,639 | 24,662 | |
Income taxes67/77 |
23,864 | 130 | 8,336 | |
Profit (loss) for the period9904 |
74,107 | -2,769 | 16,326 | |
Profit (loss) for the period to be appropriated9905 |
74,107 | -2,769 | 16,326 | |
| Appropriation of the result | ||||
Profit (loss) to be appropriated9906 |
74,107 | -2,769 | 16,326 | |
Transfer from equity791/2 |
- | 34,169 | 26,500 | |
Transfer to equity691/2 |
74,107 | - | 16,326 | |
To other reserves6921 |
74,107 | - | 16,326 | |
Profit to be distributed694/7 |
- | 31,400 | 26,500 | |
Return on contributions (dividend)694 |
- | 31,400 | 26,500 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| EBITDA | - | -72 | 28,947 | |
| Cash flow | - | 2,867 | 21,963 | |
| Investment in fixed assets (approximation) | - | 0 | - | |
| Change in cash | 68,275 | -4,867 | - | |
| Working capital | - | 82,196 | 110,729 | |
| Solvency | 100.0% | 91.9% | 94.8% | |
| Current ratio | - | 4.75 | 8.22 | |
| Debt to equity | - | 0.09 | 0.05 | |
| ROE | 22.7% | -1.1% | 5.7% | |
| ROA | 22.7% | -1.0% | 5.4% | |
| Interest coverage | - | -0.54 | 95.80 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on INDUCON
The operating result for 2025 is a profit of €96,776, after a loss of €5,709 in 2024. It is the highest result since 2023.