inDUfed
ActiveSummary
inDUfed has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €955,632 and a net result of -€81,262. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 76% of 1205 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
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Signals
This company filed its last 5 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
On 16 January 2017, inDUfed was incorporated.1 In 2018 the registered office moved to Brussel.2 Of the 3 current board members, Remco Maandag has served longest, since 2023.3 Revenue went from EUR 1.9 million in 2020 to EUR 1.9 million in 2024 and headcount from 11 full-time equivalents in 2021 to 10.2 in 2024.4
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Financials · fiscal year 2024, full schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 929 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 93% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a small loss
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 929 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.9m | €1.8m | €1.8m | €2.0m | €1.9m | ▼ 8.8% |
| Goods, raw materials, services and sundry goods60/61 | - | €863,287 | €879,340 | €948,741 | €978,667 | ▲ 3.2% |
| Remuneration, social security and pensions62 | - | €1.2m | €1.2m | €1.3m | €1.3m | ▼ 4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,328 | €10,964 | €10,964 | €7,732 | €5,351 | ▼ 30.8% |
| Other operating charges640/8 | - | €797 | €1,193 | €996 | €4,094 | ▲ 311% |
| Gross operating margin9900 | €1.4m | €1.3m | €1.3m | €1.5m | €1.2m | ▼ 17.4% |
| Operating profit (loss)9901 | €118,401 | €51,815 | €95,669 | €153,965 | -€84,818 | ▼ 155% |
| Financial income75/76B | - | - | €0 | €0 | €18,138 | ▲ 18,137,760% |
| Recurring financial income75 | - | - | €0 | €0 | €18,138 | ▲ 18,137,760% |
| Financial charges65/66B | - | €9,022 | €8,804 | €9,436 | €12,142 | ▲ 28.7% |
| Recurring financial charges65 | €7,453 | €9,022 | €8,804 | €9,436 | €12,142 | ▲ 28.7% |
| Profit (loss) for the period before taxes9903 | €110,948 | €42,793 | €86,865 | €144,529 | -€78,822 | ▼ 155% |
| Income taxes67/77 | €2,078 | €2,169 | €1,931 | €1,960 | €2,440 | ▲ 24.5% |
| Profit (loss) for the period9904 | €108,870 | €40,624 | €84,934 | €142,569 | -€81,262 | ▼ 157% |
| Profit (loss) for the period to be appropriated9905 | €108,870 | €40,624 | €84,934 | €142,569 | -€81,262 | ▼ 157% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €965,537 | €1.2m | €1.4m | €1.3m | ▼ 2.8% |
| Fixed assets21/28 | €88,395 | €81,843 | €72,039 | €65,406 | €67,211 | ▲ 2.8% |
| Tangible fixed assets22/27 | €30,461 | €23,910 | €14,106 | €7,473 | €9,278 | ▲ 24.2% |
| Furniture and vehicles24 | - | €15,689 | €9,996 | €7,473 | €9,278 | ▲ 24.2% |
| Leasing and similar rights25 | - | €8,221 | €4,110 | - | - | - |
| Financial fixed assets28 | €57,933 | €57,933 | €57,933 | €57,933 | €57,933 | = |
| Current assets29/58 | €946,682 | €883,693 | €1.1m | €1.3m | €1.3m | ▼ 3.1% |
| Amounts receivable within one year40/41 | €2,739 | €11,419 | €10,836 | €33,470 | €8,724 | ▼ 73.9% |
| Trade receivables40 | - | €5,878 | €10,836 | €7,752 | €8,724 | ▲ 12.5% |
| Other amounts receivable41 | - | €5,541 | - | €25,718 | - | - |
| Current investments50/53 | - | - | - | - | €900,000 | - |
| Cash at bank and in hand54/58 | €933,948 | €865,483 | €1.1m | €1.2m | €322,832 | ▼ 74.1% |
| Deferred charges and accrued income490/1 | - | €6,791 | €21,034 | €24,127 | €31,698 | ▲ 31.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €965,537 | €1.2m | €1.4m | €1.3m | ▼ 2.8% |
| Equity10/15 | €768,449 | €809,073 | €894,325 | €1.0m | €955,632 | ▼ 7.8% |
| Contributions10/11 | - | - | - | - | €415,300 | - |
| Capital10 | - | - | - | - | €415,300 | - |
| Profit (loss) carried forward14 | €353,149 | €393,773 | €479,025 | €621,594 | €540,332 | ▼ 13.1% |
| Provisions and deferred taxes16 | - | - | - | - | €33,515 | - |
| Amounts payable17/49 | €266,627 | €156,463 | €270,391 | €332,027 | €341,317 | ▲ 2.8% |
| Amounts payable after more than one year17 | €7,555 | €2,384 | - | - | - | - |
| Financial debts170/4 | - | €2,384 | - | - | - | - |
| Amounts payable within one year42/48 | €259,072 | €154,080 | €270,391 | €332,027 | €341,317 | ▲ 2.8% |
| Current portion of amounts payable after more than one year42 | - | €5,171 | €2,384 | - | - | - |
| Trade debts44 | €65,304 | €27,790 | €53,546 | €74,656 | €93,969 | ▲ 25.9% |
| Suppliers440/4 | - | €27,790 | €53,546 | €74,656 | €93,969 | ▲ 25.9% |
| Taxes, remuneration and social security45 | - | €120,743 | €214,461 | €229,957 | €219,933 | ▼ 4.4% |
| Taxes450/3 | - | €3,066 | €87,882 | €73,804 | €87,290 | ▲ 18.3% |
| Remuneration and social security454/9 | - | €117,677 | €126,579 | €156,153 | €132,644 | ▼ 15.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €108,870 | €40,624 | €84,934 | €142,569 | -€81,262 | ▼ 157% |
| + Depreciation and write-downs630 | €10,328 | €10,964 | €10,964 | €7,732 | €5,351 | ▼ 30.8% |
| Operating cash flow (approximation) | €119,199 | €51,589 | €95,898 | €150,301 | -€75,911 | ▼ 151% |
| Investment in fixed assets (approximation) | - | -€4,413 | -€1,160 | -€1,099 | -€7,156 | ▼ 551% |
| Change in cash | - | -€68,465 | €195,323 | €185,113 | -€923,087 | ▼ 599% |
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
10-08
State Gazette act
Resignations & appointmentsDeclaration5 facts ▸
- General meeting, 03-06-2026
- Declaration, samenstelling bestuursorgaan, de momenteel zetelende federaties sinds de oprichting van de vereniging als bestuurders fungeren en dat er geen wezenlijke wijzigi…
- Declaration, termijn herbenoeming, Deze herbenoeming had in 2025 moeten plaatsvinden
- Board meeting, bevestigt de storting zonder uitstel bij de griffie van de handelsrechtbank en de publicatie van uittreksels van het hiervoor genoemde in het de bijlagen van he…
- Other statement, huidige leden van de Raad van Bestuur, leden van de Raad van Bestuur
24-03
State Gazette act
Appointments: Ronny van Broekhoven (vertegenwoordiger van de glassector in de raad van bestuur) and Remco Maandag (chair of the board)Resignation: Olivier Douxchamps (director)5 facts ▸
- General meeting, 17-09-2024
- Director appointment, Ronny van Broekhoven (vertegenwoordiger van de glassector (vgi/fiv vzw) in de raad van bestuur)
- Director resignation, Olivier Douxchamps (director)
- Director appointment, Remco Maandag (chair of the board)
- Director resignation, Olivier Douxchamps (chair of the board)
17-01
State Gazette act
Withdrawals: Misa BURSAC (member) and Alain GRANDJEAN (member)Admissions: Daniel ANDRZEJAK (member) and Vincent CHAIDRON (member) · Resignation: Jessica LEFEVERE (permanent representative)6 facts ▸
- General meeting, 27-05-2024
- Member resignation, Misa BURSAC
- Member resignation, Alain GRANDJEAN
- Member admission, Daniel ANDRZEJAK
- Member admission, Vincent CHAIDRON
- Director resignation, Jessica LEFEVERE (permanent representative)
04-01
State Gazette act
Statutes amendment2 facts ▸
- General meeting, 19-12-2023
- Statutes amendment
10-11
State Gazette act
Withdrawal: Ulrik Paulsen (member)Admission: Misa BURSAC (member) · Resignation: Pissens (permanent representative) · Reappointments: Pierre Macharis (permanent representative) and Olivier Douxchamps (permanent representative)8 facts ▸
- General meeting, 05-06-2023
- Member resignation, Ulrik Paulsen
- Member admission, Misa BURSAC
- Director resignation, Pissens (permanent representative)
- Director reappointment, Pierre Macharis (permanent representative)
- Director reappointment, Olivier Douxchamps (permanent representative)
- Director appointment, Jessica Lefevere (permanent representative)
- Director appointment, Remco Maandag (permanent representative)
Show earlier events
15-10
State Gazette act
Appointment: DOUXCHAMPS Olivier (chair)Admission: HAZARD Emmanuel (full member) · Resignation: HAZARD Emmanuel (chair) · Deed5 facts ▸
- General meeting, 02-06-2021
- Deed, 02-06-2021
- Director appointment, DOUXCHAMPS Olivier (chair)
- Member admission, HAZARD Emmanuel (full member)
- Director resignation, HAZARD Emmanuel (chair)
05-10
State Gazette act
Appointment: DOUXCHAMPS Olivier (chair)Resignation: HAZARD Emmanuel (chair) · Admission: HAZARD Emmanuel (full member)4 facts ▸
- General meeting, 02-06-2021
- Director appointment, DOUXCHAMPS Olivier (chair)
- Director resignation, HAZARD Emmanuel (chair)
- Member admission, HAZARD Emmanuel (full member)
25-09
State Gazette act
Resignation: FRANCOIS Firmin (algemeen directeur)Appointment: DAVREUX Thomas (algemeen directeur)3 facts ▸
- Board meeting, 01-04-2020
- Director resignation, FRANCOIS Firmin (algemeen directeur)
- Director appointment, DAVREUX Thomas (algemeen directeur)
04-08
State Gazette act
Reappointment: HAZARD Emmanuel (chair)Withdrawal: DE HOLLANDER Chris (member) · Admission: PAULSEN Ulrik (member)5 facts ▸
- Board meeting, 13-05-2020
- Director reappointment, HAZARD Emmanuel (chair)
- General meeting, 13-05-2020
- Member resignation, DE HOLLANDER Chris
- Member admission, PAULSEN Ulrik
04-08
State Gazette act
Reappointment: HAZARD Emmanuel (chair)Withdrawal: Chris DE HOLLANDER (member) · Admission: PAULSEN Ulrik (member)5 facts ▸
- Board meeting, 13-05-2020
- Director reappointment, HAZARD Emmanuel (chair)
- General meeting, 13-05-2020
- Member resignation, Chris DE HOLLANDER
- Member admission, PAULSEN Ulrik
25-07
State Gazette act
Reappointments: COBELPA vzw, FETRA vzw and FIV-VGI vzwRepresentation7 facts ▸
- General meeting, 15-05-2019
- Director reappointment, COBELPA vzw (director)
- Director reappointment, FETRA vzw (director)
- Director reappointment, FIV-VGI vzw (director)
- Representation, represented by its respective chairperson within the board of directors
- Representation, represented by its respective chairperson within the board of directors
- Representation, represented by its respective chairperson within the board of directors
03-12
State Gazette act
Appointments: HAZARD Emmanuel (chair) and PISSENS Paul (vice-chair)Withdrawals: VOORTMANS Peter (member) and HARTMAN Michel (member) · Admissions: DOUXCHAMPS Olivier, de SOMER John and DECHAMPS Jacky · Resignation: DOUXCHAMPS Olivier (chair)10 facts ▸
- Board meeting, 01-10-2018
- General meeting, 01-10-2018
- Director appointment, HAZARD Emmanuel (chair)
- Director appointment, PISSENS Paul (vice-chair)
- Member resignation, VOORTMANS Peter
- Member resignation, HARTMAN Michel
- Member admission, DOUXCHAMPS Olivier
- Member admission, de SOMER John
- Member admission, DECHAMPS Jacky
- Director resignation, DOUXCHAMPS Olivier (chair)
30-05
State Gazette act
Registered office · Statutes amendmentRegistered-office move · Purpose change4 facts ▸
- General meeting, 21-03-2018
- Registered-office move, Marsveldplein 2, 1050 Brussel (Elsene)
- Purpose change, Het doel van de vereniging is de belangen van de leden-federaties en hun ondernemingen te behartigen en te verdedigen. De vereniging zal voornamelijk functioner…
- Statutes amendment
27-01
State Gazette act
IncorporationAdmissions: COBELPA vzw, FETRA vzw and 7 others · Appointments: COBELPA vzw, FETRA vzw and 3 others · Permanent representatives: Pierre MACHARIS, Paul PISSENS and Olivier DOUXCHAMPS18 facts ▸
- Incorporation, 26-10-2016
- Member admission, COBELPA vzw
- Member admission, FETRA vzw
- Member admission, VGI-FIV vzw
- Member admission, Alain GRANDJEAN
- Member admission, Peter VOORTMANS
- Member admission, Emmanuel HAZARD
- Member admission, Didier VERCRUYSSEN
- Member admission, Michel HARTMAN
- Member admission, Chris DE HOLLANDER
- Director appointment, COBELPA vzw (director)
- Director appointment, FETRA vzw (director)
- +6 further facts in this act
Directors · office · real estate
Board 2
7 not recently confirmed
Day-to-day management 1
Permanent representatives 3
2 not recently confirmed
Other functions 3
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0773/00G002 | Brussels | 284 m² | 1 · 195 m² | 90.2 m · 7 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Permanent representative
- Other function
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Remco Maandag |
|
| Ronny Van Broekhoven |
|
| Pierre Macharis |
|
| Remco Maandag |
|
| Ronny Van Broekhoven |
|
| Pierre Macharis |
|
| Cobelpa ASBL |
|
| COBELPA vzw |
|
| FETRA asbl |
|
| FETRA vzw |
|
| FIV-VGI asbl |
|
| VGI-FIV vzw |
|
| Paul Pissens |
|
| DAVREUX Thomas Pierre André Damien |
|
| Olivier DOUXCHAMPS |
|
| Jessica Lefevere |
|
| Jessica Lefevere |
|
| Olivier DOUXCHAMPS |
|
| Pissens |
|
| Pissens |
|
| Emmanuel HAZARD |
|
| FRANCOIS Firmin Paul Eugène Ghislain |
|
Articles of association
Structure & network
Connections & network
15 connected companiesShow 11 more companies with a shared director
Ownership & control
1 board mandateSimilar companies · same sector, comparable size
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
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