Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 18 to 13.2.
Financials
Financial year 2025
Induflex from Gent, company number BE0427693784, closed financial year 2025 with a result of € -530,554 after tax. For that financial year Induflex recorded revenue of € 6 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 140,625 to € -530,554. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 2 million
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -530,554
▼ still € 140,625 profit in 2024
Profit after tax over the fiscal year.
€ 802,670
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 626,905.
People and assets in 2025
13.2
▼ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 2% vs 2024
€ 90,400 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.
€ 10,005
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.1 million
▲ 273% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 71 days on average.
€ 119,076
▼ 8% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,524,777 | € 6,591,282 | € 6,024,401 | € 6,005,514 | |
| Profit after taxes | € 1,834,248 | € -195,930 | € 140,625 | € -530,554 | ▼ € 671,179 |
| Equity | € 3,622,764 | € 3,426,834 | € 3,567,459 | € 2,036,905 | ▼ 43% |
| Total debts | € 2,535,006 | € 427,693 | € 486,360 | € 1,261,375 | ▲ 159% |
| Cash | € 2,002,259 | € 1,346,365 | € 1,778,605 | € 802,670 | ▼ 55% |
| Retained profit | € 2,212,764 | € 2,016,834 | € 2,157,459 | € 626,905 | ▼ 71% |
| Dividend | € 1,500,000 | € 0 | € 0 | € 1,000,000 | |
| Balance sheet total | € 6,254,930 | € 3,942,449 | € 4,181,798 | € 3,368,226 | ▼ 19% |
| Employees (FTE) | 20.1 | 18 | 15.3 | 13.2 | ▼ 2.1 |
Key figures of Induflex, 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 Induflex?
What happened at Induflex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Watchco NV stepped down as director. NBB
- Staffan Hakanson stepped down as director. NBB
- Carina Pernilla Sjögland Janze stepped down as director. NBB
- BHB BV stepped down as director. NBB
- Bengt A. Dahl stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 530,554 (▼ € 671,179 vs 2024). Source: NBB ↗
- Watchco NV became a director. NBB
- Staffan Hakanson became a director. NBB
In short
From € 1.8 million profit in 2022 to € 530,554 loss in 2025.
Paid € 655,354 in corporate taxes since 2022.
Best year ever: 2022, with € 1.8 million profit.
Paid out € 2.5 million in dividends to the owners in total.
Management
The shares are held by SkulFlex Holding AB (100%) and Skultuna Flexible AB (0%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
Staffan Hakanson
Director
since 2024 · until 2030
Carina Pernilla Sjögland Janze
Managing director
since 2024 · until 2030
Director · represented by John Blijdenstein
Also active at: MATCO, IMMOMAT, Matco Latex Services
since 2024 · until 2030
Bengt A. Dahl
Chairman of the board
since 2024 · until 2030
Shareholders
SkulFlex Holding AB
100%
Skultuna Flexible AB
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 799
9000 Gent
Ottergemsesteenweg 799
9000 Gent
Active since 7 January 1992
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
SEDO-AS, DE
Domain
Domain
induflex.com
Registered
2025-12-31
Registrar
DropCatch.com 1413 LLC
Expires
2026-12-31
Website info
Features
Security
Details
- Company number
- 0427.693.784
- VAT number
- BE 0427.693.784
- Registered office
- Ottergemsesteenweg-Zuid 799, 9000 Gent
- Names & denominations
- Induflex
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 1985
- Peppol
- Active · Active since 10 Jun 2025
- Contact
- induflex.com
- Activities · NACE
Bewerken van metaal en poedermetallurgie
Persen, stampen en profielwalsen van metaal
Vervaardiging van andere elektrische en elektronische draden en kabels
Vervaardiging van geïsoleerde kabels en draad
Persen, stampen en profielwalsen van metaal; poedermetallurgie
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering