Indaver Energy
The computed 12-month bankruptcy probability of Indaver Energy is 0.7% (low). The 2024 annual accounts show equity of €138.44M and a net result of €-64k. Equity is growing by ~371.1% per year across the filed fiscal years. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €138.44M |
| Net result | €-64k |
| Active | 14 yrs |
| Board | 9 |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 4 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €-64k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €138.53M |
| Equity | €138.44M |
| Debt | €99k |
| of which ≤ 1y | €99k |
| of which > 1y | - |
| Working capital | €-97k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.01 |
| Quick ratio | 0.01 |
| Working capital ratio | -0.1% |
| Solvency | 99.9% |
| Debt / equity | 0.00 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.0% |
| ROE | 0.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €138.53M |
| Fixed assets | 21/28 | €138.53M |
| Financial fixed assets | 28 | €138.53M |
| Current assets | 29/58 | €1k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €138.53M |
| Equity | 10/15 | €138.44M |
| Contributions / capital | 10/11 | €138.59M |
| Reserves | 13 | €18k |
| Accumulated profits (losses) | 14 | €-177k |
| Amounts payable | 17/49 | €99k |
| Amounts payable within one year | 42/48 | €99k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €-75k |
| Operating result | 9901 | €-75k |
| Financial income | 75 | €14k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-64k |
| Net result for the period | 9904 | €-64k |
| Result to be appropriated | 9905 | €-64k |
-
Avelin BVLegal entityDirector· perm. rep.: Jonathan Van SteelantState Gazette act 25025376 (24-02-2025)Current24-02-2025 → present
-
ENTRA MOBILE BVLegal entityDirector· perm. rep.: Dirk MichielsensState Gazette act 25025376 (24-02-2025)Current24-02-2025 → present
-
Gavilán Consulting BVLegal entityManager· perm. rep.: Karl HutsState Gazette act 25025376 (24-02-2025)Current24-02-2025 → present
-
PDB BVLegal entityDirector· perm. rep.: Paul De BruyckerState Gazette act 25025376 (24-02-2025)Current24-02-2025 → present
-
Tsundoku Ventures BVLegal entityManaging director· perm. rep.: Hilde VangilbergenState Gazette act 25025376 (24-02-2025)Current24-02-2025 → present
-
Tsundoku VenturesLegal entityDirector· perm. rep.: Hilde VangilbergenState Gazette act 25006803 (15-01-2025)Current01-01-2025 → present
Show 3 more sitting directors
-
Gavilán ConsultingLegal entityDirector· perm. rep.: Karl HutsState Gazette act 24113009 (25-07-2024)Current01-07-2024 → present
-
Current04-10-2021 → present
-
Current04-10-2021 → present
Historic, not recently confirmed (1)
-
Not recently confirmedlast confirmed in an act from 2017
Former directors (3)
-
Former26-04-2017 → 04-10-2021
2 events
- 04-10-2021 Resigned· Director
- 26-04-2017 Appointed· Director
-
Former26-04-2017 → 04-10-2021
2 events
- 04-10-2021 Resigned· Director
- 26-04-2017 Appointed· Director
-
Former- → 04-10-2021
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Ernst & Young BedrijfsrevisorenCurrent Statutory auditor · represented by Ronald Van den Ecker |
- | 10-04-2024 → present |
Show 1 earlier auditors
| Ernst & Young Bedrijfsrevisoren BV Statutory auditor · represented by Ronald Van Den Ecker |
- | 11-08-2020 → 21-08-2020 |
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 30-08-2011 |
| Status | Active |
| Postal code | 9130 |
Show 2 more network connections
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46010E0345/00L002 | Flanders | 2.9 ha | 1 · 2.1 ha | 16.9 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 14 Belgian State Gazette acts we know for this company, 2 have been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
31-07-2026 Act object · General meeting · Auditor appointment · Filing representative
- Act object: Besluit van de Gewone Algemene Vergadering van Aandeelhouders dd 8 juni 2026- · Indaver Energy
- Publication: 31/07/2026 · Indaver Energy
- Filing: 22/07/2026 · Indaver Energy
- General meeting: 08/06/2026 · Indaver Energy
- Auditor appointment: role: commissaris, term: drie opeenvolgende boekjaren, voor de jaren 2026, 2027 en 2028, end_date: gewone algemene vergadering van 2029, start_date: 2026, representative: e3 · EY Bedrijfsrevisoren BV
- Filing representative · Els Thys
Technical details
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}30-03-2026 Change in the board of directors
Technical details
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}24-02-2025 5 directors appointed
- Jonathan Van Steelant, Bestuurder
- Dirk Michielsens, Bestuurder
- Paul De Bruycker, Bestuurder
- Karl Huts, Zaakvoerder
- Hilde Vangilbergen, Gedelegeerd bestuurder
Technical details
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"name": "Tsundoku Ventures BV",
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},
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}
],
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}15-01-2025 Hilde Vangilbergen appointed as director
- Hilde Vangilbergen, Bestuurder
Technical details
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"effective_date": "2025-01-01",
"evidence_quote": "De algemene vergadering gaat over tot benoeming van Tsundoku Ventures BV, met ondernemingsnummer 0702.764.208, met zetel te 2840 Rumst, Hoge Zandvelden 8, vast vertegenwoordigd door mevrouw Hilde Vangilbergen, en dit met ingang van 1 januari 2025."
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}25-07-2024 Karl Huts appointed as director
- Karl Huts, Bestuurder
Technical details
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"effective_date": "2024-07-01",
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}01-07-2024 Transaction in capital or shares
Technical details
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}10-04-2024 Ronald Van den Ecker reappointed as statutory auditor
- Ronald Van den Ecker, Commissaris
Technical details
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"effective_date": "2024-04-10",
"evidence_quote": "De enige aandeelhouder beslist Ernst \u0026 Young bedrijfsrevisoren, gevestigd in De Kleetlaan 2, 1831 Diegem, hier vertegenwoordigd door Ronald Van den Ecker, kantoorhoudende te 2600 Berchem, Borsbeeksebrug 26, te herbenoemen als revisor."
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}
}24-10-2022 Capital increase of €86,481,424.41 to €1,086,481,424.41
- €1.000.000.000 → €1.086.481.424,41
Technical details
{
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"effective_date": "2022-10-13",
"evidence_quote": "De vergadering besluit het kapitaal te verhogen met zestig miljoen Britse pond hetzij hiervan het equivalent in euro, zijnde achtenzestig miljoen vierhonderd eenentachtigduizend vierhonderd vierentwintig euro en eenenveertig cent om het kapitaal te brengen op honderd achtendertig miljoen vijfhonderd vierennegentigduizend vijfhonderd vierenzestig euro en veertien cent.",
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}04-10-2021 Registered office moved from Beveren-Waas to Kallo
- Molenweg 91, 9130 Beveren-Waas → Ketenislaan 1 1, 9130 Kallo
Technical details
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"effective_date": "2021-09-21",
"evidence_quote": "De vergadering besluit, op voorstel van de raad van bestuur, om de zetel van de vennootschap te verplaatsen naar: 9130 Kallo, Burcht Singelberg, Lady Hedwige Tower, Ketenislaan 1, Haven 1548."
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}21-08-2020 1 resigning, 1 reappointed
- Ronald Van Den Ecker, Commissaris
- Ronald Van Den Ecker, Commissaris
Technical details
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"evidence_quote": "Het mandaat van de commissaris Ernst \u0026 Young Bedrijfsrevisoren BV, vertegenwoordigd door de heer Ronald Van Den Ecker komt heden te vervallen."
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{
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"effective_date": "2020-08-11",
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}16-05-2018 1 director appointed, 1 resigning
- Ernst & Young Bedrijfsrevisoren BCVBA, Commissaris
- Deloitte Bedrijfsrevisoren BV CVBA, Commissaris
Technical details
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"birth_date": null
},
"evidence_quote": "De vergadering bevestigt dat de Vennootschap in onderling overleg met de huidige commissaris van de Vennootschap, Deloitte Bedrijfsrevisoren BV CVBA, met zetel te 1930 Zaventem, Gateway Building, Luchthaven Nationaal 1J, vertegenwoordigd door Cleymans Dirk, bedrijfsrevisor, kantoor houdende te 2018 ",
"discharge_granted": true
},
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Ernst \u0026 Young Bedrijfsrevisoren BCVBA",
"address": null,
"birth_date": null
},
"evidence_quote": "De vergadering beslist met \u00E9\u00E9nparigheid van stemmen om Ernst \u0026 Young Bedrijfsrevisoren BCVBA, met maatschappelijke zetel gevestigd te De Kleetlaan 2, 1831 Diegem, vertegenwoordigd door de heer Ronald Van den Ecker, bedrijfsrevisor, kantoorhoudende te Joe Englishstraat 52, 2140 Borgerhout (Antwerpen)",
"discharge_granted": false
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0838.860.354",
"name_full": "INDAVER ENERGY BELGIUM",
"legal_form": "NV"
}
}04-05-2017 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": true,
"seat_change": false,
"object_change": false,
"effective_date": "2017-04-12",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0838.860.354",
"name_full": "DELTA ENERGY BELGIUM",
"legal_form": "NV"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}26-04-2017 3 directors appointed
- Rob Kruitwagen, Bestuurder
- Carine Aters, Bestuurder
- Peter Moens, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Rob Kruitwagen",
"address": null,
"birth_date": null
},
"evidence_quote": "De vergadering beslist tot aanstelling van volgende bestuurders voor een duurtijd van zes (6) jaar: - De Heer Rob Kruitwagen, geboren op 23/02/1964 en wonende te 2320 Hoogstraten, Houvast 7"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Carine Aters",
"address": null,
"birth_date": null
},
"evidence_quote": "De vergadering beslist tot aanstelling van volgende bestuurders voor een duurtijd van zes (6) jaar: - Mevrouw Carine Aters, geboren op 6/02/1958 en wonende te 2800 Walem, Koning Alberstraat 31"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Peter Moens",
"address": null,
"birth_date": null
},
"evidence_quote": "De vergadering beslist tot aanstelling van volgende bestuurders voor een duurtijd van zes (6) jaar: - De Heer Peter Moens, geboren op 21/08/1981 en wonende te 2018 Antwerpen, Jan van Rijswijcklaan 92"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0838.860.354",
"name_full": "DELTA ENERGY BELGIUM",
"legal_form": "NV"
}
}| Legal nameNL | Indaver Energy |