What does Indecobat do?

Indecobat is registered with the CBE as active in: Schilderen. Public Limited, started on 22 December 1975, 1 establishment.

What is the address of Indecobat?

The registered office of Indecobat is located at Quai de Rome 89 box 4A, 4000 Liège.

Is Indecobat still active?

Yes. According to the CBE (30 October 2026) Indecobat is active, legal situation “Normale toestand”, started on 22 December 1975.

Is Indecobat registered on Peppol?

Yes, Indecobat is registered on the Peppol network with ID 0208:0415927585.

What is the enterprise number of Indecobat?

The enterprise number of Indecobat is BE0415927585.

When was Indecobat founded?

Indecobat was founded on 22 December 1975.

Who are the directors of Indecobat?

According to the 2025 annual accounts, the directors of Indecobat are: Anne-Marie RINALDI.

Is Indecobat a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 December 1975; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Indecobat make in 2025?

Indecobat posted a profit after taxes of € 325,192 in financial year 2025.

What is the revenue of Indecobat?

In its most recent annual accounts (2025), Indecobat reported revenue of € 2,142,525.

How much does an employee at Indecobat earn?

The average wage cost per full-time employee at Indecobat was € 52,600 in 2025: staff costs of € 1.4 million for 27.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Indecobat have?

According to the 2025 annual accounts, Indecobat has 27.5 full-time equivalents (FTE).

Indecobat (Public Limited) - Liège - BE0415927585

Dossier Indecobat, printed on 30 October 2026 from databakkes.be/en/0415927585/indecobat. 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 28 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Indecobat from Liège, company number BE0415927585, closed financial year 2025 with a result of € 325,192 after tax. For that financial year Indecobat recorded revenue of € 2.1 million and equity of € 316,119. Compared with financial year 2024, the result moved from € 449,709 to € 325,192. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.

What it is worth Growing

€ 316,119

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

Profit Healthy

€ 325,192

▼ 28% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 780

▲ 56% vs 2024

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

Where the profit goes Pays out

€ 325,000 paid out

100 % of the profit went to the shareholders, mostly to ROMA Participations (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

27.5

▼ 1.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 281,915 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.4 million

▲ 4% vs 2024

€ 52,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 483,299

▲ 118% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 626 days on average.

Taxes and wages

€ 131,839

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 2,277,920 Revenue 2022: € 2,277,920 First fiscal year in the series	€ 2,002,845 Revenue 2023: € 2,002,845 ▼ 12% vs 2022 (€ 2,277,920) Unfavourable step	€ 2,216,673 Revenue 2024: € 2,216,673 ▲ 11% vs 2023 (€ 2,002,845) Favourable step	€ 2,142,525 Revenue 2025: € 2,142,525 ▼ 3% vs 2024 (€ 2,216,673) Unfavourable step	▼ 3%
Profit after taxes	€ 601,635 Profit after taxes 2022: € 601,635 First fiscal year in the series	€ 245,388 Profit after taxes 2023: € 245,388 ▼ 59% vs 2022 (€ 601,635) Unfavourable step	€ 449,709 Profit after taxes 2024: € 449,709 ▲ 83% vs 2023 (€ 245,388) Favourable step	€ 325,192 Profit after taxes 2025: € 325,192 ▼ 28% vs 2024 (€ 449,709) Unfavourable step	▼ 28%
Equity	€ 313,330 Equity 2022: € 313,330 First fiscal year in the series	€ 313,718 Equity 2023: € 313,718 Unchanged (€ 313,330) Favourable step	€ 315,927 Equity 2024: € 315,927 ▲ 1% vs 2023 (€ 313,718) Favourable step	€ 316,119 Equity 2025: € 316,119 Unchanged (€ 315,927) Favourable step
Total debts	€ 967,062 Total debts 2022: € 967,062 First fiscal year in the series	€ 678,332 Total debts 2023: € 678,332 ▼ 30% vs 2022 (€ 967,062) Favourable step	€ 806,016 Total debts 2024: € 806,016 ▲ 19% vs 2023 (€ 678,332) Unfavourable step	€ 946,615 Total debts 2025: € 946,615 ▲ 17% vs 2024 (€ 806,016) Unfavourable step	▲ 17%
Cash	€ 317,191 Cash 2022: € 317,191 First fiscal year in the series	€ 81,874 Cash 2023: € 81,874 ▼ 74% vs 2022 (€ 317,191) Unfavourable step	€ 500 Cash 2024: € 500 ▼ 99% vs 2023 (€ 81,874) Unfavourable step	€ 780 Cash 2025: € 780 ▲ 56% vs 2024 (€ 500) Favourable step	▲ 56%
Retained profit	€ 206,736 Retained profit 2022: € 206,736 First fiscal year in the series	€ 207,124 Retained profit 2023: € 207,124 Unchanged (€ 206,736) Favourable step	€ 209,333 Retained profit 2024: € 209,333 ▲ 1% vs 2023 (€ 207,124) Favourable step	€ 209,525 Retained profit 2025: € 209,525 Unchanged (€ 209,333) Favourable step
Dividend	€ 600,000 Dividend 2022: € 600,000 First fiscal year in the series	€ 245,000 Dividend 2023: € 245,000 ▼ 59% vs 2022 (€ 600,000) Unchanged	€ 447,500 Dividend 2024: € 447,500 ▲ 83% vs 2023 (€ 245,000) Unchanged	€ 325,000 Dividend 2025: € 325,000 ▼ 27% vs 2024 (€ 447,500) Unchanged	▼ 27%
Balance sheet total	€ 1,445,292 Balance sheet total 2022: € 1,445,292 First fiscal year in the series	€ 1,157,562 Balance sheet total 2023: € 1,157,562 ▼ 20% vs 2022 (€ 1,445,292) Unchanged	€ 1,291,019 Balance sheet total 2024: € 1,291,019 ▲ 12% vs 2023 (€ 1,157,562) Unchanged	€ 1,435,861 Balance sheet total 2025: € 1,435,861 ▲ 11% vs 2024 (€ 1,291,019) Unchanged	▲ 11%
Employees (FTE)	28.5 Employees (FTE) 2022: 28.5 First fiscal year in the series	28.7 Employees (FTE) 2023: 28.7 ▲ 0.2 vs 2022 (28.5) Unchanged	29.3 Employees (FTE) 2024: 29.3 ▲ 0.6 vs 2023 (28.7) Unchanged	27.5 Employees (FTE) 2025: 27.5 ▼ 1.8 vs 2024 (29.3) Unchanged	▼ 1.8

Key figures of Indecobat, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Indecobat?

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

2029 Anne-Marie RINALDI stepped down as director. NBB
Jul 10, 2026 New annual accounts for financial year 2025: profit of € 325,192 (▼ 28% vs 2024). Source: NBB ↗
2023 Anne-Marie RINALDI became a director. NBB
Jan 1, 2008 New establishment in Flémalle. KBO
Dec 22, 1975 Start of the company according to the CBE. KBO

In short

From € 601,635 profit in 2022 to € 325,192 profit in 2025.

Paid € 559,258 in corporate taxes since 2022.

Best year ever: 2022, with € 601,635 profit.

Paid out € 1.6 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ROMA Participations 99.9%

The stake of ROMA Participations comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Indecobat

The shares are held by ROMA Participations (99.9%).

Directors

According to the 2025 annual accounts

Anne-Marie RINALDI

Managing director

since 2023 · until 2029

Shareholders

ROMA Participations

99.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Quai de Rome 89 box 4A

4000 Liège

2.225.236.220

Parc Industriel 4

4400 Flémalle

Active since 1 January 2008

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

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Association des Copropriétaires de la Résidence Roma Quai de Rome 89 (88 - 89)

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

Details

Company number

0415.927.585

VAT number

BE 0415.927.585

Registered office

Quai de Rome 89 bus 4A, 4000 Liège

Names & denominations

Indecobat

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

22 December 1975

Peppol

Active · Active since 27 Oct 2025

Contact

04 337 58 00

Activities · NACE

Schilderen

Schilderen van gebouwen

Schrijnwerk

Schrijnwerk van hout of van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗

Indecobat

Warning lights

Financials

What happened to Indecobat?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions