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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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Indumed from Sint-Lievens-Houtem, company number BE0812402615, closed financial year 2025 with a result of € 8,307 after tax. For that financial year Indumed recorded a gross margin of € 249,664 and equity of € 521,344. Compared with financial year 2024, the result moved from € 604 to € 8,307. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ 521,344
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,307
▲ € 7,704 vs 2024
Profit after tax over the fiscal year.
€ 129,531
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 27,200 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.3
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 68,254
▼ 2% vs 2024
€ 52,500 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.
€ 92,268
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 23% vs 2024
€ 93,759 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 44,638
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,831
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 257,963 | € 252,773 | € 246,575 | € 249,664 | ▲ 1% |
| Profit after taxes | € 85,098 | € 77,978 | € 604 | € 8,307 | ▲ € 7,704 |
| Equity | € 502,245 | € 561,523 | € 540,237 | € 521,344 | ▼ 3% |
| Total debts | € 533,153 | € 390,243 | € 1,548,675 | € 1,280,542 | ▼ 17% |
| Cash | € 205,094 | € 81,212 | € 84,561 | € 129,531 | ▲ 53% |
| Land & buildings | € 301,963 | € 291,673 | € 1,421,899 | € 1,380,270 | ▼ 3% |
| Retained profit | € 407,645 | € 466,923 | € 445,637 | € 426,744 | ▼ 4% |
| Dividend | € 0 | € 18,700 | € 21,890 | € 27,200 | ▲ 24% |
| Bank debt | € 229,790 | € 133,223 | € 1,308,992 | € 1,008,855 | ▼ 23% |
| Balance sheet total | € 1,035,399 | € 951,766 | € 2,088,912 | € 1,801,887 | ▼ 14% |
| Employees (FTE) | - | - | 1.2 | 1.3 | ▲ 0.1 |
By gross margin, Indumed ranks 4th of 56 companies with main activity “Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies” in Sint-Lievens-Houtem that publish figures (fiscal year 2025).
Key figures of Indumed, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
Ask about Indumed the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Indumed?
What happened at Indumed in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,307 (▲ € 7,704 vs 2024). Source: NBB ↗
- MARK DE BRUYNE became a director. NBB
- CARMEN VAN NEDERVELDE became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Lievens-Houtem. KBO
In short
From € 85,098 profit in 2022 to € 8,307 profit in 2025.
Paid € 79,376 in corporate taxes since 2022.
Best year ever: 2022, with € 85,098 profit.
On average € 192,000 of value added per employee in 2025.
Management
Behind Indumed are MARK DE BRUYNE and CARMEN VAN NEDERVELDE.
Directors
According to the 2025 annual accounts
MARK DE BRUYNE
Director
since 2023
CARMEN VAN NEDERVELDE
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Steenbergstraat 47
9520 Sint-Lievens-Houtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DE BRUYNE Mark Simonne Jean(oprichter) 50%
- VAN NEDERVELDE Carmen Sylvie Cirila(oprichter) 50%
Details
- Company number
- 0812.402.615
- VAT number
- BE 0812.402.615
- Registered office
- Steenbergstraat 47, 9520 Sint-Lievens-Houtem
- Names & denominations
- Indumed
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2009
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