Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INDUMAR from Antwerpen, company number BE0464351173, closed financial year 2025 with a result of € -11,471 after tax. For that financial year INDUMAR recorded a gross margin of € -10,183 and equity of € -37,696. Compared with financial year 2024, the result moved from € -4,751 to € -11,471. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ -37,696
▼ € 11,471 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,471
▼ 141 % more loss than in 2024
Profit after tax over the fiscal year.
€ 383
▲ € 376 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -99,669.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 517
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1
▼ € 2,597 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 | € -26,212 | € 10,477 | € -3,761 | € -10,183 | ▼ € 6,421 |
| Profit after taxes | € 143,859 | € 7,136 | € -4,751 | € -11,471 | ▼ € 6,721 |
| Equity | € -28,609 | € -21,474 | € -26,225 | € -37,696 | ▼ € 11,471 |
| Total debts | € 271,799 | € 285,634 | € 254,153 | € 249,791 | ▼ 2% |
| Cash | € 1,251 | € 429 | € 7 | € 383 | ▲ € 376 |
| Retained profit | € -90,583 | € -83,447 | € -88,198 | € -99,669 | ▼ € 11,471 |
| Balance sheet total | € 243,189 | € 264,160 | € 227,929 | € 212,096 | ▼ 7% |
Key figures of INDUMAR, 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 INDUMAR?
What happened at INDUMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,471. Source: NBB ↗
- Suzanna Mertens stepped down as director. NBB
- Suzanna Mertens became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 143,859 profit in 2022 to € 11,471 loss in 2025.
Paid € 14,143 in corporate taxes since 2022.
Best year ever: 2022, with € 143,859 profit.
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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
Directors
According to the 2025 annual accounts
Suzanna Mertens
Gedelegeerd bestuurder
Also active at: INDUMAR INSURANCE, Indumar Verzekeringen, SECUIANU
since 2017 · until 2023
Establishments
Establishment units
Physical locations of this company
Thonetlaan 96
2050 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.351.173
- VAT number
- BE 0464.351.173
- Registered office
- Thonetlaan 96, 2050 Antwerpen
- Names & denominations
- INDUMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 1998
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Overige fiscale dienstverlening
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Accountants en belastingconsulenten
Handelsbemiddeling in de groothandel in andere specifieke goederen