Financials
Financial year 2025
INDIANA from Nazareth-De Pinte, company number BE0870995365, closed financial year 2025 with a result of € 263,872 after tax. For that financial year INDIANA recorded a gross margin of € 711,906 and equity of € 981,178. Compared with financial year 2024, the result moved from € 35,775 to € 263,872. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 981,178
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 263,872
▲ € 228,098 vs 2024
Profit after tax over the fiscal year.
€ 616,570
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
4
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 182,517
▼ 4% vs 2024
€ 45,600 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.
€ 891
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▲ 118% vs 2024
€ 168,822 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 109,403
▲ 147% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 117,454
▲ € 89,735 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 841,828 | - | - | - | |
| Gross margin | € 294,457 | € 279,742 | € 391,755 | € 711,906 | ▲ 82% |
| Profit after taxes | € 43,560 | € -48,073 | € 35,775 | € 263,872 | ▲ € 228,098 |
| Equity | € 729,604 | € 681,531 | € 717,306 | € 981,178 | ▲ 37% |
| Total debts | € 250,495 | € 271,185 | € 956,170 | € 1,872,389 | ▲ 96% |
| Cash | € 429,886 | € 442,627 | € 458,520 | € 616,570 | ▲ 34% |
| Land & buildings | € 131,109 | € 100,862 | € 70,614 | € 129,667 | ▲ 84% |
| Retained profit | € 729,604 | € 681,531 | € 717,306 | € 981,178 | ▲ 37% |
| Bank debt | € 0 | € 0 | € 609,375 | € 1,327,826 | ▲ 118% |
| Balance sheet total | € 980,099 | € 952,716 | € 1,673,476 | € 2,853,567 | ▲ 71% |
| Employees (FTE) | 2 | 3.5 | 3.7 | 4 | ▲ 0.3 |
Key figures of INDIANA, 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 INDIANA?
What happened at INDIANA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 263,872 (▲ € 228,098 vs 2024). Source: NBB ↗
- Raf De Gendt became a director. NBB
- Jan Van Houtte became a director. NBB
- Maarten Van Hoecke became a director. NBB
- Pauline van Doosselaere became a director. NBB
- Elisabeth Muylle became a director. NBB
- Michel Vanfleteren became a director. NBB
- Evrard Vervaecke became a director. NBB
In short
From € 43,560 profit in 2022 to € 263,872 profit in 2025.
Paid € 21,724 in corporate taxes since 2022.
Best year ever: 2025, with € 263,872 profit.
On average € 178,000 of value added per employee in 2025.
Management
Behind INDIANA are Raf De Gendt, Pauline van Doosselaere, Elisabeth Muylle, Evrard Vervaecke, Michel Vanfleteren and Matthias Gesquière.
Directors
According to the 2025 annual accounts
Raf De Gendt
Director
since 2025
Pauline van Doosselaere
Director
since 2024
Elisabeth Muylle
Director
since 2024
Evrard Vervaecke
Director
since 2022
Michel Vanfleteren
Director
since 2024
Matthias Gesquière
Director
since 2022
Jan Van Houtte
Director
since 2025
Maarten Van Hoecke
Chairman of the board
since 2025
Establishments
Establishment units
Physical locations of this company
Hondelestraat 13
9840 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0870.995.365
- VAT number
- BE 0870.995.365
- Registered office
- Hondelestraat 13, 9840 Nazareth-De Pinte
- Names & denominations
- INDIANA
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 21 December 2004
- Peppol
- Active · Active since 20 May 2026
- Activities · NACE
Activiteiten van tennisclubs
Exploitatie van sportaccommodaties
Beheer en exploitatie van sportcentra