What does INDULEC do?

INDULEC is an electrical contractor in Heusden-Zolder. Private Limited, started on 14 December 1987, 1 establishment.

What is the address of INDULEC?

The registered office of INDULEC is located at Magazijnstraat 1, 3550 Heusden-Zolder.

Is INDULEC still active?

Yes. According to the CBE (30 October 2026) INDULEC is active, legal situation “Normale toestand”, started on 14 December 1987.

Is INDULEC registered on Peppol?

Yes, INDULEC is registered on the Peppol network with ID 0208:0432835774.

What is the enterprise number of INDULEC?

The enterprise number of INDULEC is BE0432835774.

When was INDULEC founded?

INDULEC was founded on 14 December 1987.

Who are the directors of INDULEC?

According to the 2025 annual accounts, the directors of INDULEC are: BeKe Solutions BV.

Is INDULEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 December 1987; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did INDULEC make in 2025?

INDULEC posted a profit after taxes of € 220,384 in financial year 2025.

What is the revenue of INDULEC?

As a small company, INDULEC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,118,296.

How much does an employee at INDULEC earn?

The average wage cost per full-time employee at INDULEC was € 68,800 in 2025: staff costs of € 742,525 for 10.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does INDULEC have?

According to the 2025 annual accounts, INDULEC has 10.8 full-time equivalents (FTE).

INDULEC (Private Limited) - Heusden-Zolder - BE0432835774

Dossier INDULEC, printed on 30 October 2026 from databakkes.be/en/0432835774/indulec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

INDULEC from Heusden-Zolder, company number BE0432835774, closed financial year 2025 with a result of € 220,384 after tax. For that financial year INDULEC recorded a gross margin of € 1.1 million and equity of € 993,870. Compared with financial year 2024, the result moved from € 61,229 to € 220,384. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.

What it is worth Growing

€ 993,870

▲ 28% vs 2024

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

Profit Growing

€ 220,384

▲ 260% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 583,332

▼ 13% 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 € 975,270.

People and assets in 2025

Full-time equivalents

10.8

▲ 0.8 vs 2024

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

Wage cost

€ 742,525

▲ 12% vs 2024

€ 68,800 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.

Vehicles and equipment

€ 32,205

▼ 5% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 48,289

▼ 17% vs 2024

€ 10,820 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 419,135

▲ 23% vs 2024

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

Wages and social charges

€ 84,678

▼ 7% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 613,464 Gross margin 2022: € 613,464 First fiscal year in the series	€ 736,537 Gross margin 2023: € 736,537 ▲ 20% vs 2022 (€ 613,464) Favourable step	€ 838,883 Gross margin 2024: € 838,883 ▲ 14% vs 2023 (€ 736,537) Favourable step	€ 1,118,296 Gross margin 2025: € 1,118,296 ▲ 33% vs 2024 (€ 838,883) Favourable step	▲ 33%
Profit after taxes	€ 109,130 Profit after taxes 2022: € 109,130 First fiscal year in the series	€ 10,021 Profit after taxes 2023: € 10,021 ▼ 91% vs 2022 (€ 109,130) Unfavourable step	€ 61,229 Profit after taxes 2024: € 61,229 ▲ € 51,208 vs 2023 (€ 10,021) Favourable step	€ 220,384 Profit after taxes 2025: € 220,384 ▲ 260% vs 2024 (€ 61,229) Favourable step	▲ 260%
Equity	€ 702,236 Equity 2022: € 702,236 First fiscal year in the series	€ 712,257 Equity 2023: € 712,257 ▲ 1% vs 2022 (€ 702,236) Favourable step	€ 773,486 Equity 2024: € 773,486 ▲ 9% vs 2023 (€ 712,257) Favourable step	€ 993,870 Equity 2025: € 993,870 ▲ 28% vs 2024 (€ 773,486) Favourable step	▲ 28%
Total debts	€ 725,439 Total debts 2022: € 725,439 First fiscal year in the series	€ 451,092 Total debts 2023: € 451,092 ▼ 38% vs 2022 (€ 725,439) Favourable step	€ 699,540 Total debts 2024: € 699,540 ▲ 55% vs 2023 (€ 451,092) Unfavourable step	€ 619,088 Total debts 2025: € 619,088 ▼ 12% vs 2024 (€ 699,540) Favourable step	▼ 12%
Cash	€ 394,203 Cash 2022: € 394,203 First fiscal year in the series	€ 119,833 Cash 2023: € 119,833 ▼ 70% vs 2022 (€ 394,203) Unfavourable step	€ 673,643 Cash 2024: € 673,643 ▲ € 553,809 vs 2023 (€ 119,833) Favourable step	€ 583,332 Cash 2025: € 583,332 ▼ 13% vs 2024 (€ 673,643) Unfavourable step	▼ 13%
Land & buildings	€ 82,194 Land & buildings 2022: € 82,194 First fiscal year in the series	€ 104,548 Land & buildings 2023: € 104,548 ▲ 27% vs 2022 (€ 82,194) Unchanged	€ 87,546 Land & buildings 2024: € 87,546 ▼ 16% vs 2023 (€ 104,548) Unchanged	€ 70,544 Land & buildings 2025: € 70,544 ▼ 19% vs 2024 (€ 87,546) Unchanged	▼ 19%
Retained profit	€ 683,636 Retained profit 2022: € 683,636 First fiscal year in the series	€ 693,657 Retained profit 2023: € 693,657 ▲ 1% vs 2022 (€ 683,636) Favourable step	€ 754,886 Retained profit 2024: € 754,886 ▲ 9% vs 2023 (€ 693,657) Favourable step	€ 975,270 Retained profit 2025: € 975,270 ▲ 29% vs 2024 (€ 754,886) Favourable step	▲ 29%
Dividend	€ 150,000 Dividend 2022: € 150,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 150,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 83,517 Bank debt 2022: € 83,517 First fiscal year in the series	€ 68,346 Bank debt 2023: € 68,346 ▼ 18% vs 2022 (€ 83,517) Favourable step	€ 58,424 Bank debt 2024: € 58,424 ▼ 15% vs 2023 (€ 68,346) Favourable step	€ 48,289 Bank debt 2025: € 48,289 ▼ 17% vs 2024 (€ 58,424) Favourable step	▼ 17%
Balance sheet total	€ 1,427,674 Balance sheet total 2022: € 1,427,674 First fiscal year in the series	€ 1,163,349 Balance sheet total 2023: € 1,163,349 ▼ 19% vs 2022 (€ 1,427,674) Unchanged	€ 1,473,026 Balance sheet total 2024: € 1,473,026 ▲ 27% vs 2023 (€ 1,163,349) Unchanged	€ 1,612,957 Balance sheet total 2025: € 1,612,957 ▲ 9% vs 2024 (€ 1,473,026) Unchanged	▲ 9%
Employees (FTE)	8.2 Employees (FTE) 2022: 8.2 First fiscal year in the series	9.9 Employees (FTE) 2023: 9.9 ▲ 1.7 vs 2022 (8.2) Unchanged	10 Employees (FTE) 2024: 10 ▲ 0.1 vs 2023 (9.9) Unchanged	10.8 Employees (FTE) 2025: 10.8 ▲ 0.8 vs 2024 (10) Unchanged	▲ 0.8

Key figures of INDULEC, 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 INDULEC?

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

Jun 5, 2026 New annual accounts for financial year 2025: profit of € 220,384 (▲ 260% vs 2024). Source: NBB ↗
2021 BeKe Solutions BV became a director. NBB
Apr 29, 1988 New establishment in Heusden-Zolder. KBO
Dec 14, 1987 Start of the company according to the CBE. KBO

In short

From € 109,130 profit in 2022 to € 220,384 profit in 2025.

Paid € 145,644 in corporate taxes since 2022.

Best year ever: 2025, with € 220,384 profit.

On average € 103,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

BeKe Solutions 100%

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

INDULEC

Behind INDULEC is BeKe Solutions BV. The shares are held by BeKe Solutions (100%).

Directors

According to the 2025 annual accounts

BeKe Solutions BV

Director · represented by Benny Kessels

since 2021

Shareholders

BeKe Solutions

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Magazijnstraat 1

3550 Heusden-Zolder

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 →

Sippy

€ 288,731 gross margin · 2025

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

Details

Company number

0432.835.774

VAT number

BE 0432.835.774

Registered office

Magazijnstraat 1, 3550 Heusden-Zolder

Names & denominations

INDULEC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

14 December 1987

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

View on CBE Public ↗ Annual accounts (NBB) ↗

INDULEC

Financials

What happened to INDULEC?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions