Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 13.8 to 10.6.
Financials
Financial year 2025
INDACO CONSTRUCTIE from Oudenaarde, company number BE0875711050, closed financial year 2025 with a result of € 623,982 after tax. For that financial year INDACO CONSTRUCTIE recorded a gross margin of € 1.9 million and equity of € 6.5 million. Compared with financial year 2024, the result moved from € 379,141 to € 623,982. 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 January 30, 2026.
€ 6.5 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 623,982
▲ 65% vs 2024
Profit after tax over the fiscal year.
€ 787,104
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,500 paid out
0 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
10.6
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 699,822
▼ 10% vs 2024
€ 66,000 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.
€ 418,674
▼ 30% vs 2024
Of which on lease € 46,453.
Debts at end 2025
€ 2 million
▼ 13% vs 2024
€ 467,195 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.1 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,200
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,667,593 | € 1,640,714 | € 1,669,426 | € 1,925,831 | ▲ 15% |
| Profit after taxes | € 440,318 | € 355,613 | € 379,141 | € 623,982 | ▲ 65% |
| Equity | € 5,141,662 | € 5,497,275 | € 5,876,416 | € 6,498,899 | ▲ 11% |
| Total debts | € 4,199,093 | € 4,321,197 | € 4,091,478 | € 3,650,300 | ▼ 11% |
| Cash | € 1,439,460 | € 431,387 | € 706,097 | € 787,104 | ▲ 11% |
| Land & buildings | € 4,302,331 | € 4,273,031 | € 4,250,274 | € 4,227,935 | ▼ 1% |
| Retained profit | € 4,706,212 | € 5,061,825 | € 5,440,966 | € 6,063,449 | ▲ 11% |
| Dividend | € 0 | € 0 | € 0 | € 1,500 | |
| Bank debt | € 2,552,225 | € 2,739,125 | € 2,302,486 | € 1,997,713 | ▼ 13% |
| Balance sheet total | € 9,340,755 | € 9,818,472 | € 9,967,895 | € 10,149,199 | ▲ 2% |
| Employees (FTE) | 13.8 | 13.8 | 12.3 | 10.6 | ▼ 1.7 |
Key figures of INDACO CONSTRUCTIE, 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 January 2027.
What happened to INDACO CONSTRUCTIE?
What happened at INDACO CONSTRUCTIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 623,982 (▲ 65% vs 2024). Source: NBB ↗
- New establishment in Oudenaarde. KBO
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 440,318 profit in 2022 to € 623,982 profit in 2025.
Paid € 668,080 in corporate taxes since 2022.
Best year ever: 2025, with € 623,982 profit.
On average € 181,700 of value added per employee in 2025.
Management
Behind INDACO CONSTRUCTIE are Kristof NACHTERGAELE and KNL Consult. The same people are also behind NACHTERGAELE KRISTOF.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bedrijvenpark 'Coupure' 6
9700 Oudenaarde
Berchemweg 117
9700 Oudenaarde
Active since 2 January 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0875.711.050
- VAT number
- BE 0875.711.050
- Registered office
- Bedrijvenpark 'Coupure' 6, 9700 Oudenaarde
- Names & denominations
- INDACO CONSTRUCTIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 2005
- Peppol
- Active · Active since 17 Mar 2025
- Contact
- nachtergaelekristofbvba.be
- Activities · NACE
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