Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
INDICO from Antwerpen, company number BE0462096023, closed financial year 2025 with a result of € -98,296 after tax. For that financial year INDICO recorded a gross margin of € -61,495 and equity of € 60,138. Compared with financial year 2024, the result moved from € -141,673 to € -98,296. The company made a loss. The buffer shrank hard: equity is 62 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 60,138
▼ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98,296
▲ 31 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 41,538.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 23,344
▼ 38% vs 2024
Of which on lease € 19,387.
Debts at end 2025
€ 18,398
▼ 50% vs 2024
€ 15,545 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 5,469
▲ € 4,303 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,013
▼ 42% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -14,680 | € -39,927 | € -122,248 | € -61,495 | ▲ € 60,753 |
| Profit after taxes | € -38,099 | € -88,356 | € -141,673 | € -98,296 | ▲ € 43,377 |
| Equity | € 388,463 | € 300,108 | € 158,435 | € 60,138 | ▼ 62% |
| Total debts | € 93,410 | € 66,890 | € 53,323 | € 82,419 | ▲ 55% |
| Cash | € 169,572 | € 27,237 | € 10,584 | - | |
| Retained profit | € 369,863 | € 281,508 | € 139,835 | € 41,538 | ▼ 70% |
| Bank debt | € 68,902 | € 52,818 | € 36,452 | € 18,398 | ▼ 50% |
| Balance sheet total | € 481,873 | € 366,998 | € 211,758 | € 142,558 | ▼ 33% |
Key figures of INDICO, 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 INDICO?
What happened at INDICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 98,296. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,099 loss in 2022 to € 98,296 loss in 2025.
Paid € 3,001 in corporate taxes since 2022.
A new publication or filing at INDICO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of INDICO GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INDICOBehind INDICO are Eric Van Tilburg and Indico Group BV. The shares are held by INDICO GROUP (100%).
Directors
According to the 2025 annual accounts
Eric Van Tilburg
Director
Also active at: MOON, INDICO GROUP, Done-it International, INDICO PAINTING
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Adriaan Brouwerstraat 27 box 301
2000 Antwerpen
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.096.023
- VAT number
- BE 0462.096.023
- Registered office
- Adriaan Brouwerstraat 27 bus 301, 2000 Antwerpen
- Names & denominations
- INDICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 1997
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, n.e.g.
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige zakelijke dienstverlening, neg