Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INDU+ from Zulte, company number BE0889139513, closed financial year 2025 with a result of € 377,647 after tax. For that financial year INDU+ recorded a gross margin of € 586,427 and equity of € 31,760. Compared with financial year 2024, the result moved from € -350,776 to € 377,647. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 31,760
▲ € 377,647 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 377,647
▲ still € 350,776 loss in 2024
Profit after tax over the fiscal year.
€ 33,981
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -268,240.
People and assets in 2025
1.6
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 110,653
▼ 5% vs 2024
€ 69,200 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.
€ 111,278
▲ 6% vs 2024
Of which on lease € 106,675.
Debts at end 2025
€ 278,845
▲ 2% vs 2024
€ 20,556 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 29,932
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,216
▲ € 13,633 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 113,015 | € 151,433 | € -126,334 | € 586,427 | ▲ € 712,761 |
| Profit after taxes | € -23,766 | € -4,891 | € -350,776 | € 377,647 | ▲ € 728,423 |
| Equity | € 9,779 | € 4,888 | € -345,888 | € 31,760 | ▲ € 377,647 |
| Total debts | € 901,059 | € 787,971 | € 1,103,502 | € 715,935 | ▼ 35% |
| Cash | € 216,391 | € 68,145 | € 43,876 | € 33,981 | ▼ 23% |
| Retained profit | € -290,221 | € -295,112 | € -645,888 | € -268,240 | ▲ € 377,647 |
| Bank debt | € 190,000 | € 190,000 | € 272,358 | € 278,845 | ▲ 2% |
| Balance sheet total | € 910,838 | € 792,859 | € 757,615 | € 747,695 | ▼ 1% |
| Employees (FTE) | 1.8 | 1.8 | 1.8 | 1.6 | ▼ 0.2 |
Key figures of INDU+, 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 INDU+?
What happened at INDU+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Delphine Busschaert stepped down as director. NBB
- Olivier Taillieu stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 377,647. filed late Source: NBB ↗
- Delphine Busschaert became a director. NBB
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,766 loss in 2022 to € 377,647 profit in 2025.
Paid € 2,075 in corporate taxes since 2022.
Best year ever: 2025, with € 377,647 profit.
On average € 366,500 of value added per employee in 2025.
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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
since 2025 · until 2030
· until 2030
Establishments
Establishment units
Physical locations of this company
Rijksweg 95
9870 Zulte
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
- 0889.139.513
- VAT number
- BE 0889.139.513
- Registered office
- Rijksweg 95, 9870 Zulte
- Names & denominations
- INDU+
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 2007
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur