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 2 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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INDICO PAINTING from Antwerpen, company number BE0897362044, closed financial year 2025 with a result of € -91,172 after tax. For that financial year INDICO PAINTING recorded a gross margin of € 157,868 and equity of € -347,946. Compared with financial year 2024, the result moved from € -426,664 to € -91,172. 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 August 27, 2026.
€ -347,946
▼ € 91,172 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -91,172
▲ 79 % less loss than in 2024
Profit after tax over the fiscal year.
€ 22,854
▲ 134% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -454,146.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 183,745
▼ 72% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,936
▲ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 59,300
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,061
▼ 70% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 891,120 | € 843,055 | € 298,077 | € 157,868 | ▼ 47% |
| Profit after taxes | € 120,989 | € 101,626 | € -426,664 | € -91,172 | ▲ € 335,492 |
| Equity | € 137,967 | € 119,593 | € -256,773 | € -347,946 | ▼ € 91,172 |
| Total debts | € 560,732 | € 462,047 | € 548,391 | € 576,049 | ▲ 5% |
| Cash | € 255,336 | € 67,595 | € 9,762 | € 22,854 | ▲ 134% |
| Land & buildings | € 174,296 | € 127,490 | € 92,362 | € 63,670 | ▼ 31% |
| Retained profit | € 31,767 | € 13,393 | € -362,973 | € -454,146 | ▼ € 91,172 |
| Dividend | € 120,000 | € 120,000 | € 0 | € 0 | |
| Bank debt | € 317,379 | € 151,617 | € 471,756 | € 0 | ▼ 100% |
| Balance sheet total | € 698,700 | € 581,640 | € 291,618 | € 228,103 | ▼ 22% |
| Employees (FTE) | 14.4 | 14 | 13 | - |
Key figures of INDICO PAINTING, 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 INDICO PAINTING?
What happened at INDICO PAINTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 91,172. filed late Source: NBB ↗
- Dietwin Van Reeth became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Antwerpen. KBO
In short
From € 120,989 profit in 2022 to € 91,172 loss in 2025.
Paid € 53,035 in corporate taxes since 2022.
Best year ever: 2022, with € 120,989 profit.
On average € 22,900 of value added per employee in 2024.
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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
The stake of INDICO INTERIOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INDICO PAINTINGBehind INDICO PAINTING is Dietwin Van Reeth. The shares are held by INDICO INTERIOR (100%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
IJzerlaan 13
2060 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0897.362.044
- VAT number
- BE 0897.362.044
- Registered office
- IJzerlaan 13, 2060 Antwerpen
- Names & denominations
- INDICO PAINTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2008
- Peppol
- Active · Active since 14 Aug 2025
- Activities · NACE
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