INDRANI
Open bankruptcyChecked score
Score 2023
Axes · tick = 2022
Profitability100▲+100
Solvency33▲+28
Growth78=
Stability0
Credit verdict
No credit on open account
Liquidity short (current ratio 0.42 against 0.53 in 2022), and equity is negative.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
Equity is negative for financial year 2023: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2023Equity per financial year
181920212223
2018 to 2023 · latest year -€242k
Financials · fiscal year 2023, micro schema
Equity
€-242k
2022 · €782k
2018: €-551k
2019: €-236k
2020: €1.63M
2021: €1.23M
2022: €782k
2018 → 2023
Total assets
€12.21M▼ 2.4%
2022 · €12.51M
2018: €3.95M
2019: €5.58M
2020: €8.70M
2021: €10.36M
2022: €12.51M
2018 → 2023
Net result
€-1.02M▼ 130%
2022 · €-446k
2018: €-2.28M
2019: €-1.96M
2020: €-2.37M
2021: €-402k
2022: €-446k
2018 → 2023
Working capital
€-4.33M▼ 63.3%
2022 · €-2.65M
2018: €-3.48M
2019: €-2.34M
2020: €-2.31M
2021: €-2.37M
2022: €-2.65M
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-236k-€1.63M€1.23M▼ 24.6%€782k▼ 36.3%€-242k
Operating result€354k-€-345k€-268k▲ 22.2%€-350k▼ 30.6%€-730k▼ 108%
Net result€-1.96M-€-2.37M▼ 20.8%€-402k▲ 83.1%€-446k▼ 11.0%€-1.02M▼ 130%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €730k in 2023 against €350k in 2022; the loss grows and 2023 is the lowest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €12.21M
Fixed assets
€9.07M▼ 4.8%
Current assets
€3.14M▲ 5.2%
Key figures and ratios
EBITDA
€-439k▼
2022 · €-196k
Cash flow
€-733k▼
2022 · €-292k
Solvency
-2.0%▼
2022 · 6.3%
Current ratio
0.42▼
2022 · 0.53
Quick ratio
0.42▼
2022 · 0.53
Debt / equity
-51.52▼
2022 · 15.00
ROE
423.7%▲
2022 · -57.0%
ROA
-8.4%▼
2022 · -3.6%
Interest coverage
-1.48▲
2022 · -2.04
Debt
€12.45M▲
2022 · €11.73M
Debt ≤ 1 year
€7.46M▲
2022 · €5.63M
Debt > 1 year
€4.88M▼
2022 · €6.09M
Income taxes
€289▲
2022 · €0
Staff costs
€249k▲
2022 · €245k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€12.51M€12.21M▼
Fixed assets21/28€9.53M€9.07M▼
Intangible fixed assets21€239€0▼
Tangible fixed assets22/27€9.52M€9.06M▼
Land and buildings22€3.02M€2.95M▼
Plant, machinery and equipment23€241k€4.10M▲
Furniture and vehicles24€173k€127k▼
Assets under construction and advance payments27€6.09M€1.89M▼
Financial fixed assets28€7k€7k=
Current assets29/58€2.98M€3.14M▲
Amounts receivable after more than one year29€1.40M€1.30M▼
Trade receivables290€1.40M€1.30M▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€1.48M€1.75M▲
Trade receivables40€1.17M€1.31M▲
Other amounts receivable41€306k€437k▲
Cash at bank and in hand54/58€106k€36k▼
Deferred charges and accrued income490/1€707€61k▲
Equity and liabilities
Total equity and liabilities10/49€12.51M€12.21M▼
Equity10/15€782k€-242k▼
Contributions10/11€2.04M€2.04M=
Profit (loss) carried forward14€-1.26M€-2.28M▼
Amounts payable17/49€11.73M€12.45M▲
Amounts payable after more than one year17€6.09M€4.88M▼
Financial debts170/4€6.09M€3.91M▼
Other amounts payable178/9-€972k
Amounts payable within one year42/48€5.63M€7.46M▲
Current portion of amounts payable after more than one year42€232k€434k▲
Financial debts43€42k€1.41M▲
Credit institutions430/8€42k€1.41M▲
Trade debts44€1.32M€1.19M▼
Suppliers440/4€1.32M€1.19M▼
Advances received on contracts in progress46€21k€39k▲
Taxes, remuneration and social security45€28k€124k▲
Taxes450/3€202€57k▲
Remuneration and social security454/9€28k€67k▲
Other amounts payable47/48€3.99M€4.27M▲
Accrued charges and deferred income492/3€4k€110k▲
Income statement
Code20222023
Remuneration, social security and pensions62€245k€249k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€154k€291k▲
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A-€311k
Gross operating margin9900€51k€125k▲
Operating profit (loss)9901€-350k€-730k▼
Financial income75/76B€397€3k▲
Recurring financial income75€397€3k▲
Financial charges65/66B€96k€296k▲
Recurring financial charges65€96k€296k▲
Profit (loss) for the period before taxes9903€-446k€-1.02M▼
Income taxes67/77€0€289▲
Profit (loss) for the period9904€-446k€-1.02M▼
Profit (loss) for the period to be appropriated9905€-446k€-1.02M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.26M€-2.28M▼
Profit (loss) brought forward from the previous period14P€-809k€-1.26M▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-07
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · INDRANI SRL CHEMIN DE LA WARONCHE 1, 1471 GENAPPE · event 08-07-2026
15-01
Judicial reorganisation
Extension
Tribunal de l’entreprise du Brabant wallon · collectif · event 08-01-2026
2025
24-09
Judicial reorganisation
Opening
Tribunal de l’entreprise du Brabant wallon · collectif · event 18-09-2025
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-2.37M
Net result drops to €-2.37M, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1MEq €1.63M
Equity rises from €-236k to €1.63M.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
2015
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Genappe · 2 establishment units since 2009
Ground area
3.4 ha
Building footprint
761 m²
Volume, LiDAR
1,211 m³
2 parcels, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
INDRANI
since 20092.182.931.748
INDRANI LODGE
since 20192.286.355.128
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25059C0064/00F000 ProtectedSite or landscape |
Wallonia | 2.8 ha | 1 · 194 m² | 9.4 m · 2 fl. |
| 25059B0030/00P000 ProtectedSite or landscape |
Wallonia | 5,949 m² | 1 · 567 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
08-07-2026 → present |
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 1,847 companies in sector 55204 we hold annual accounts for 440.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2009
Fiscal year end31-12
Activities, NACEBEL
55204Guest rooms (bed and breakfast)
55100Hotels and similar accommodation
55209Other holiday and short-stay accommodation
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.