INDRANI
Open bankruptcyA bankruptcy procedure is open for INDRANI according to publications in the Belgian Official Gazette. The trustee is Genevieve Dedobbeleer.
Summary
The file additionally contains 2 judicial reorganisation notices. The 2023 annual accounts show negative equity (-€241,660) and a net result of -€1.0m.
Overview
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 8 July 2026 · trustee Genevieve Dedobbeleer · claim deadline passed on 7 August 2026
How to file a claimThe procedure
- Court
- Enterprise Court of Walloon Brabant
- Supervising judge
- Jean-Pierre Jaucot
- Official Gazette
- 17-07-2026search the document for 2026/132470
Deadlines
- Appeal or third-party opposition until
- passed on 1 August 2026That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 7 August 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 19 August 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 8 July 2027A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Genevieve DedobbeleerRue De Charleroi 2, 1400 Nivellesgd@exalaw.be
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Reclaim goods you delivered under retention of title before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Overview
Official details
Source: KBO- Status
- Open bankruptcy registered since 20-01-2009
- Activity
- Guest rooms (bed and breakfast) NACE 55204and 3 others
- Establishment units
- 2.182.931.748 1471 Genappe, since 20-01-2009
- 2.286.355.128 1471 Genappe, since 15-03-2019
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- BRAWERMANN PhilippeDirector · since 20-01-2009
- HEYNIS JessicaDirector · since 02-07-2012
Shareholders
- INDRANI EARTH99.99%· score 202022 annual accounts of INDRANI EARTH
Financial position
No score
Annual accounts 2023
- Gross margin
- €125,201
- ▲ 146%
- Turnover
- ≈ €310,000
- estimated
- Loss
- €1.0m
- ▲ 130%
- Equity
- -€241,660
- Total assets
- €12.2m
- ▼ 2.4%
- Employees on 31-12-2023
- 6
- ▲ 100%
Filed on 27-11-2024
Financials
Financials · financial year 2023, micro format
2023 annual accounts filed 119 days after the deadline Filed on 27 November 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00605722.
Annual accounts 2023 filed on 27-11-2024 PDF all 15 filings
Turnover
≈ €310,000
Estimated: probably between €210,000 and €480,000
Total assets
€12.2m▼ 2.4%
2022 · €12.5m
Net result
-€1.0m▼ 130%
2022 · -€445,956
Working capital
-€4.3m▼ 63.3%
2022 · -€2.6m
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result for 2023 is a loss of €730,119, larger than the loss of €350,463 in 2022. It is the lowest result since 2019.
Operating result-€0.7m
2023
Net result-€1.0m
2023
Total assets€12.2m
2023
Equity-€0.2m
2023
Debt€12.5m
2023
Working capital-€4.3m
2023
Return on assets (ROA)-8.4%
2023
Solvency-2.0%
2023
Current ratio0.42
2023
Staff (FTE)5.2
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Accommodation (NACE 55). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€0.3m-€0.4m-€0.3m-€0.3m▲ 22.2%-€0.4m▼ 30.6%-€0.7m▼ 108%
Net result-€0.3m-€0.3m-€0.4mbelow the sector's middle half-€0.4mbelow the sector's middle half▲ 1.5%-€0.4mbelow the sector's middle half▼ 11.0%-€1.0mbelow the sector's middle half▼ 130%
Equity-€0.6m--€0.2m▲ 57.1%€1.6mabove the sector's middle half€1.2mabove the sector's middle half▼ 24.6%€0.8mabove the sector's middle half▼ 36.3%-€0.2mbelow the sector's middle half
Total assets€3.9m-€5.6m▲ 41.5%€8.7mabove the sector's middle half▲ 55.8%€10.4mabove the sector's middle half▲ 19.1%€12.5mabove the sector's middle half▲ 20.8%€12.2mabove the sector's middle half▼ 2.4%
Debt€4.5m-€5.8m▲ 29.4%€7.1m▲ 21.5%€9.1m▲ 29.2%€11.7m▲ 28.5%€12.5m▲ 6.1%
Working capital-€3.5m--€2.3m▲ 33.0%-€2.3mbelow the sector's middle half▲ 1.1%-€2.4mbelow the sector's middle half▼ 2.7%-€2.6mbelow the sector's middle half▼ 11.6%-€4.3mbelow the sector's middle half▼ 63.3%
Solvency-14.0%--4.2%▲ 9.7pp18.7%within the sector's middle half▲ 23.0pp11.9%within the sector's middle half▼ 6.9pp6.3%within the sector's middle half▼ 5.6pp-2.0%within the sector's middle half▼ 8.2pp
Current ratio0.08-0.09=0.30within the sector's middle half▲ 0.220.34within the sector's middle half▲ 0.040.53within the sector's middle half▲ 0.190.42within the sector's middle half▼ 0.11
Return on assets (ROA)-7.8%-5.6%▲ 13.5pp-4.7%within the sector's middle half▼ 10.3pp-3.9%within the sector's middle half▲ 0.8pp-3.6%within the sector's middle half▲ 0.3pp-8.4%below the sector's middle half▼ 4.8pp
Staff (FTE)2.5-2.8▲ 12.0%3.2above the sector's middle half▲ 14.3%3.9▲ 21.9%5.6▲ 43.6%5.2▼ 7.1%
above
within
below
The sector band is the middle half of the companies in Accommodation (NACE 55). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €12.2m
Fixed assets
€9.1m ▼ 4.8%
Current assets
€3.1m ▲ 5.2%
Equity and liabilities
Equity-€241,660
Debt€12.5m
Equity is negative. Debt (€12.5m) exceeds the balance-sheet total (€12.2m).
Key figures and ratios
EBITDA
-€439,387▼
2022 · -€196,057
Cash flow
-€733,233▼
2022 · -€291,550
Interest coverage
-1.48▲
2022 · -2.04
Debt ≤ 1 year
€7.5m▲
2022 · €5.6m
Debt > 1 year
€4.9m▼
2022 · €6.1m
Income taxes
€289▲
2022 · €0
Staff costs
€248,564▲
2022 · €245,413
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 5 | 3 | 6 |
| full-time | 4 | 2 | 3 |
| part-time | 1 | 1 | 3 |
| in full-time equivalents | 4.6 | 2.6 | 4.5 |
| Average over the year, in full-time equivalents | 3.9 | 5.6 | 5.2 |
| On a permanent contract | - | 3 | 4 |
| Joined | 1 | 2 | 5 |
| Left | 0 | 3 | 2 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Mortgages, amount registered | €27,500 | €1.7m | €1.7m |
| Carrying value of the mortgaged assets | €3.1m | €9.5m | €6.7m |
Source: notes to the 2021 to 2023 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1.6m | €566,015 | €1.2m |
| Depreciation and write-downs of the year | €136,499 | €154,406 | €290,731 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.2m | €0.2m | €0.2m | ▲ 1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 88.3% |
| Other operating charges640/8 | - | - | - | €0.008m | €0.002m | €0.005m | ▲ 254% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.3m | - |
| Gross operating margin9900 | €0.03m | €0.6m | -€0.08m | €0.06m | €0.05m | €0.1m | ▲ 146% |
| Operating profit (loss)9901 | -€0.3m | €0.4m | -€0.3m | -€0.3m | -€0.4m | -€0.7m | ▼ 108% |
| Financial income75/76B | - | - | - | €0.002m | €397 | €0.003m | ▲ 578% |
| Recurring financial income75 | €225 | €208 | €341 | €0.002m | €397 | €0.003m | ▲ 578% |
| Financial charges65/66B | - | - | - | €0.1m | €0.1m | €0.3m | ▲ 209% |
| Recurring financial charges65 | €0.05m | €0.04m | €0.06m | €0.1m | €0.1m | €0.3m | ▲ 209% |
| Profit (loss) for the period before taxes9903 | -€0.3m | €0.3m | -€0.4m | -€0.4m | -€0.4m | -€1.0m | ▼ 130% |
| Income taxes67/77 | - | - | €165 | €334 | €0 | €289 | - |
| Profit (loss) for the period9904 | -€0.3m | €0.3m | -€0.4m | -€0.4m | -€0.4m | -€1.0m | ▼ 130% |
| Profit (loss) for the period to be appropriated9905 | -€0.3m | €0.3m | -€0.4m | -€0.4m | -€0.4m | -€1.0m | ▼ 130% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €3.9m | €5.6m | €8.7m | €10.4m | €12.5m | €12.2m | ▼ 2.4% |
| Formation expenses20 | - | - | €0.002m | €0 | - | - | - |
| Fixed assets21/28 | €3.6m | €5.4m | €7.7m | €9.1m | €9.5m | €9.1m | ▼ 4.8% |
| Intangible fixed assets21 | - | - | €0.001m | €0.001m | €239 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €3.6m | €5.4m | €7.7m | €9.1m | €9.5m | €9.1m | ▼ 4.8% |
| Land and buildings22 | - | - | - | €3.1m | €3.0m | €3.0m | ▼ 2.2% |
| Plant, machinery and equipment23 | - | - | - | €0.3m | €0.2m | €4.1m | ▲ 17× |
| Furniture and vehicles24 | - | - | - | €0.07m | €0.2m | €0.1m | ▼ 26.8% |
| Assets under construction and advance payments27 | - | - | - | €5.7m | €6.1m | €1.9m | ▼ 69.0% |
| Financial fixed assets28 | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Current assets29/58 | €0.3m | €0.2m | €1.0m | €1.2m | €3.0m | €3.1m | ▲ 5.2% |
| Amounts receivable after more than one year29 | - | - | - | - | €1.4m | €1.3m | ▼ 7.5% |
| Trade receivables290 | - | - | - | - | €1.4m | €1.3m | ▼ 7.5% |
| Stocks and contracts in progress3 | €0.002m | €0.002m | €0.004m | €0.003m | €0 | - | - |
| Stocks30/36 | - | - | - | €0.003m | €0 | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.2m | €1.0m | €1.2m | €1.5m | €1.7m | ▲ 18.3% |
| Trade receivables40 | - | - | - | €0.8m | €1.2m | €1.3m | ▲ 11.9% |
| Other amounts receivable41 | - | - | - | €0.4m | €0.3m | €0.4m | ▲ 42.9% |
| Cash at bank and in hand54/58 | €0.01m | €0.005m | €0.003m | €0.05m | €0.1m | €0.04m | ▼ 66.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.001m | €0.06m | ▲ 86× |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €3.9m | €5.6m | €8.7m | €10.4m | €12.5m | €12.2m | ▼ 2.4% |
| Equity10/15 | -€0.6m | -€0.2m | €1.6m | €1.2m | €0.8m | -€0.2m | - |
| Contributions10/11 | €1.7m | €1.7m | - | €2.0m | €2.0m | €2.0m | = |
| Profit (loss) carried forward14 | -€2.3m | -€2.0m | -€0.4m | -€0.8m | -€1.3m | -€2.3m | ▼ 81.6% |
| Amounts payable17/49 | €4.5m | €5.8m | €7.1m | €9.1m | €11.7m | €12.5m | ▲ 6.1% |
| Amounts payable after more than one year17 | €0.7m | €3.3m | €3.7m | €5.5m | €6.1m | €4.9m | ▼ 20.0% |
| Financial debts170/4 | - | - | - | €5.5m | €6.1m | €3.9m | ▼ 35.9% |
| Other amounts payable178/9 | - | - | - | - | - | €1.0m | - |
| Amounts payable within one year42/48 | €3.8m | €2.6m | €3.3m | €3.6m | €5.6m | €7.5m | ▲ 32.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.2m | €0.4m | ▲ 86.8% |
| Financial debts43 | - | - | - | - | €0.04m | €1.4m | ▲ 33× |
| Credit institutions430/8 | - | - | - | - | €0.04m | €1.4m | ▲ 33× |
| Trade debts44 | €0.2m | €0.09m | €1.0m | €0.5m | €1.3m | €1.2m | ▼ 9.8% |
| Suppliers440/4 | - | - | - | €0.5m | €1.3m | €1.2m | ▼ 9.8% |
| Bills of exchange payable441 | - | - | - | €0 | - | - | - |
| Advances received on contracts in progress46 | - | - | - | €0.03m | €0.02m | €0.04m | ▲ 84.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.03m | €0.1m | ▲ 346% |
| Taxes450/3 | - | - | - | €202 | €202 | €0.06m | ▲ 282× |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.03m | €0.07m | ▲ 143% |
| Other amounts payable47/48 | - | - | - | €2.9m | €4.0m | €4.3m | ▲ 7.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.004m | €0.1m | ▲ 29× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.3m | €0.3m | -€0.4m | -€0.4m | -€0.4m | -€1.0m | ▼ 130% |
| + Depreciation and write-downs630 | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 88.3% |
| Operating cash flow (approximation) | -€0.1m | €0.4m | -€0.3m | -€0.3m | -€0.3m | -€0.7m | ▼ 151% |
| Investment in fixed assets (approximation) | - | -€1.9m | -€2.5m | -€1.6m | -€0.6m | €0.2m | - |
| Change in cash | - | -€0.009m | -€0.001m | €0.05m | €0.05m | -€0.07m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 27-11-2024 | 2024-00605722 | |
| 31-12-2022 | micro format | 13-07-2023 | 2023-00232137 | |
| 31-12-2021 | micro format | 16-08-2022 | 2022-20291066 | |
| 31-12-2020 | micro format | 27-07-2021 | 2021-40800557 | |
| 31-12-2019 | micro format | 28-09-2020 | 2020-57900170 | |
| 31-12-2018 | micro format | 25-07-2019 | 2019-38000262 | |
| 31-12-2017 | micro format | 09-08-2018 | 2018-44500210 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-59600311 | |
| 31-12-2015 | full format | 12-08-2016 | 2016-41800403 | |
| 31-12-2014 | full format | 10-07-2015 | 2015-28800084 |
Board & ownership
Directors
Directors
2 directors, last change in 2021
BRAWERMANN Philippe
Current
HEYNIS Jessica
Current
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Genevieve Dedobbeleer Rue De Charleroi 2, 1400 Nivelles |
08-07-2026 → present |
Owners and capital
Shareholders
1 ownerChain of control
- INDRANI EARTH
- INDRANI
Owners 1
- INDRANI EARTHparentEquity -€125,555 Loss of €197,289 in 2023 (loss of €56,439 in 2022) Checked score 2099.99%
Mandate history
3 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BRAWERMANN Philippe |
|
| HEYNIS Jessica |
|
| Joseph Brawermann |
|
Network & group
Companies at the same address
4 other companiesConnections & network
2 current directorsThe network starts from the directors of INDRANI. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2026
17-07
Bankruptcy
Bankruptcy declared
Enterprise Court of Walloon Brabant · judgment of 08-07-2026
15-01
Judicial reorganisation
Extension
Enterprise Court of Walloon Brabant · collective agreement · judgment of 08-01-2026
2025
24-09
Judicial reorganisation
Judicial reorganisation opened
Enterprise Court of Walloon Brabant · collective agreement · judgment of 18-09-2025
2024
27-11
micro format · 119 days late
2023
31-12
Financial
Weakest financial yearnet -€1.0m
The net result drops to -€1.0m, the lowest from 2018 to 2023.
14-07
Gazette deed
Resignation: Joseph Brawermann (director)2 points ▸
Gazette deed
Resignation: Joseph Brawermann (director)
2 points ▸
- General meeting, 09-08-2022
- Director resignation, Joseph Brawermann (director)
13-07
micro format · 18 days before the deadline
2022
16-08
micro format · 16 days late
2021
27-07
micro format · 4 days before the deadline
2020
31-12
Financial
Equity above €1mequity €1.6m
Equity rises from -€236,249 to €1.6m.
28-09
micro format · 59 days late
2019
31-12
Financial
Back to profitnet €314,384
The net result is €314,384, after one loss-making year.
Show earlier events
25-07
micro format · 6 days before the deadline
2018
09-08
micro format · 9 days late
2017
31-08
micro format · 31 days late
2016
12-08
full format · 12 days late
2015
10-07
full format · 21 days before the deadline
2009
11-02
6 publications in the Belgian Official Gazette, the last on 14-07-2023
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Opening faillissement
- Last annual accounts
- financial year to 31 December 2023
- Legal form
- Private limited company
- Active since
- 20 January 2009
Register details
Identity
Name
INDRANI in French
Enterprise number
0809.520.329
Entity type
Legal entity
Registered office and establishments
Registered office
Chemin de la Waronche 1, 1471 Genappe, Belgium
Establishment units
INDRANI, Chemin de la Waronche 1, 1471 Genappe since 20-01-2009 · unit number 2.182.931.748
INDRANI LODGE, Place Morimont 1, 1471 Genappe since 15-03-2019 · unit number 2.286.355.128
Activities
NACEBEL 2025VAT activities
55204
Guest rooms (bed and breakfast) main activity
55100
Hotels and similar accommodation
55209
Other holiday and short-stay accommodation
82300
Organisation of conventions and trade shows
Social security (RSZ) activities
55204
Guest rooms (bed and breakfast) main activity
Codes under NACEBEL 2008
VAT activities
55204
Guest rooms (bed and breakfast) main activity
55100
Hotels and similar accommodation
55209
Other holiday and short-stay accommodation
82300
Organisation of conventions and trade shows
Social security (RSZ) activities
55204
Guest rooms (bed and breakfast) main activity
Invoicing and payment
VAT number
BE 0809.520.329
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenappeunit number 2.182.931.748
Sites & property
Location
Buildings and parcels at the addresses
Ground area
3.4 ha
Building footprint
761 m²
Building volume
1,211 m³
Tallest building: 9.5 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25059C0064/00F000 | Wallonia | 2.8 ha | 1 · 194 m² | 9.4 m · 2 |
| 25059B0030/00P000 | Wallonia | 5,949 m² | 1 · 567 m² | - |
2 of these parcels carry protected heritage. Expect extra rules on renovation or sale.