What does Indelec do?

Indelec is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 9 July 1971, 1 establishment.

What is the address of Indelec?

The registered office of Indelec is located at Gentseheerweg 142, 8870 Izegem.

Is Indelec still active?

Yes. According to the CBE (30 October 2026) Indelec is active, legal situation “Normale toestand”, started on 9 July 1971.

Is Indelec registered on Peppol?

Yes, Indelec is registered on the Peppol network with ID 0208:0408479470.

What is the enterprise number of Indelec?

The enterprise number of Indelec is BE0408479470.

When was Indelec founded?

Indelec was founded on 9 July 1971.

Who are the directors of Indelec?

According to the 2025 annual accounts, the directors of Indelec are: Pavan NV, Heidi Vangroenweghe.

Is Indelec a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 July 1971; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Indelec make in 2025?

Indelec posted a profit after taxes of € 11,527 in financial year 2025.

What is the revenue of Indelec?

As a small company, Indelec is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 48,555.

Indelec (Public Limited) - Izegem - BE0408479470

Dossier Indelec, printed on 30 October 2026 from databakkes.be/en/0408479470/indelec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Indelec from Izegem, company number BE0408479470, closed financial year 2025 with a result of € 11,527 after tax. For that financial year Indelec recorded a gross margin of € 48,555 and equity of € 433,156. Compared with financial year 2024, the result moved from € 10,302 to € 11,527. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 6, 2026.

What it is worth Growing

€ 433,156

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 11,527

▲ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 39,354

▼ 35% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 371,156.

People and assets in 2025

Vehicles and equipment

€ 754

▼ 42% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 800,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 40,005

▼ 41% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 14,024

▼ 57% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 39,967 Gross margin 2022: € 39,967 First fiscal year in the series	€ 45,792 Gross margin 2023: € 45,792 ▲ 15% vs 2022 (€ 39,967) Favourable step	€ 55,029 Gross margin 2024: € 55,029 ▲ 20% vs 2023 (€ 45,792) Favourable step	€ 48,555 Gross margin 2025: € 48,555 ▼ 12% vs 2024 (€ 55,029) Unfavourable step	▼ 12%
Profit after taxes	€ 310 Profit after taxes 2022: € 310 First fiscal year in the series	€ 3,831 Profit after taxes 2023: € 3,831 ▲ € 3,521 vs 2022 (€ 310) Favourable step	€ 10,302 Profit after taxes 2024: € 10,302 ▲ 169% vs 2023 (€ 3,831) Favourable step	€ 11,527 Profit after taxes 2025: € 11,527 ▲ 12% vs 2024 (€ 10,302) Favourable step	▲ 12%
Equity	€ 407,496 Equity 2022: € 407,496 First fiscal year in the series	€ 411,327 Equity 2023: € 411,327 ▲ 1% vs 2022 (€ 407,496) Favourable step	€ 421,629 Equity 2024: € 421,629 ▲ 3% vs 2023 (€ 411,327) Favourable step	€ 433,156 Equity 2025: € 433,156 ▲ 3% vs 2024 (€ 421,629) Favourable step	▲ 3%
Total debts	€ 1,181,142 Total debts 2022: € 1,181,142 First fiscal year in the series	€ 1,171,301 Total debts 2023: € 1,171,301 ▼ 1% vs 2022 (€ 1,181,142) Favourable step	€ 1,183,378 Total debts 2024: € 1,183,378 ▲ 1% vs 2023 (€ 1,171,301) Unfavourable step	€ 1,137,037 Total debts 2025: € 1,137,037 ▼ 4% vs 2024 (€ 1,183,378) Favourable step	▼ 4%
Cash	€ 45,972 Cash 2022: € 45,972 First fiscal year in the series	€ 58,885 Cash 2023: € 58,885 ▲ 28% vs 2022 (€ 45,972) Favourable step	€ 60,178 Cash 2024: € 60,178 ▲ 2% vs 2023 (€ 58,885) Favourable step	€ 39,354 Cash 2025: € 39,354 ▼ 35% vs 2024 (€ 60,178) Unfavourable step	▼ 35%
Retained profit	€ 345,496 Retained profit 2022: € 345,496 First fiscal year in the series	€ 349,327 Retained profit 2023: € 349,327 ▲ 1% vs 2022 (€ 345,496) Favourable step	€ 359,629 Retained profit 2024: € 359,629 ▲ 3% vs 2023 (€ 349,327) Favourable step	€ 371,156 Retained profit 2025: € 371,156 ▲ 3% vs 2024 (€ 359,629) Favourable step	▲ 3%
Bank debt	€ 800,000 Bank debt 2022: € 800,000 First fiscal year in the series	€ 800,000 Bank debt 2023: € 800,000 Unchanged (€ 800,000) Unchanged	€ 800,000 Bank debt 2024: € 800,000 Unchanged (€ 800,000) Unchanged	€ 800,000 Bank debt 2025: € 800,000 Unchanged (€ 800,000) Unchanged
Balance sheet total	€ 1,588,638 Balance sheet total 2022: € 1,588,638 First fiscal year in the series	€ 1,582,628 Balance sheet total 2023: € 1,582,628 Unchanged (€ 1,588,638) Unchanged	€ 1,605,007 Balance sheet total 2024: € 1,605,007 ▲ 1% vs 2023 (€ 1,582,628) Unchanged	€ 1,570,193 Balance sheet total 2025: € 1,570,193 ▼ 2% vs 2024 (€ 1,605,007) Unchanged	▼ 2%

Key figures of Indelec, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to Indelec?

What happened at Indelec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 6, 2026 New annual accounts for financial year 2025: profit of € 11,527 (▲ 12% vs 2024). Source: NBB ↗
Oct 1, 1971 New establishment in Izegem. KBO
Jul 9, 1971 Start of the company according to the CBE. KBO

In short

From € 310 profit in 2022 to € 11,527 profit in 2025.

Paid € 12,574 in corporate taxes since 2022.

Best year ever: 2025, with € 11,527 profit.

Original PDFs at the National Bank ↗

Management

Pavan NV

Heidi Vangroenweghe

Indelec

Decolan 99.2%

Behind Indelec are Pavan NV and Heidi Vangroenweghe. It owns 99.2% of Decolan itself.

Directors

According to the 2025 annual accounts

Pavan NV

Managing director · represented by Lucien Vangroenweghe

Heidi Vangroenweghe

Director

Also active at: Pavan, DECOLAN

Establishments

Establishment units

Physical locations of this company

Registered office

Gentseheerweg 142

8870 Izegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0408.479.470

VAT number

BE 0408.479.470

Registered office

Gentseheerweg 142, 8870 Izegem

Names & denominations

Indelec

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 July 1971

Peppol

Active · Active since 19 Dec 2025

Activities · NACE

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Indelec

Warning lights

Financials

What happened to Indelec?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions