INDRANI EARTH
Open bankruptcyA bankruptcy procedure is open for INDRANI EARTH according to publications in the Belgian State Gazette; curator: GENEVIEVE DEDOBBELEER. The file additionally contains 2 judicial reorganisations. The 2023 annual accounts show negative equity (€-126k) and a net result of €-197k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2023, micro schema
Equity
€-126k▼ 160%
2022 · €-48k
2018: €-197k
2019: €-280k
2020: €63k
2021: €8k
2022: €-48k
2018 → 2023
Total assets
€1.50M▼ 9.7%
2022 · €1.66M
2018: €155k
2019: €231k
2020: €303k
2021: €376k
2022: €1.66M
2018 → 2023
Net result
€-197k▼ 250%
2022 · €-56k
2018: €-5k
2019: €-83k
2020: €-57k
2021: €-55k
2022: €-56k
2018 → 2023
Working capital
€-210k▲ 20.0%
2022 · €-263k
2018: €-345k
2019: €-90k
2020: €-219k
2021: €-339k
2022: €-263k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-280k-€63k€8k▼ 87.0%€-48k€-126k▼ 160%
Operating result€-83k-€-56k▲ 32.1%€-54k▲ 4.2%€-55k▼ 1.2%€-175k▼ 220%
Net result€-83k-€-57k▲ 31.3%€-55k▲ 4.4%€-56k▼ 3.2%€-197k▼ 250%
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 €175k in 2023 against €55k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.50M
Fixed assets
€1.38M▼ 14.5%
Current assets
€123k▲ 148%
Key figures and ratios
EBITDA
€-144k▼
2022 · €-55k
Cash flow
€-167k▼
2022 · €-56k
Solvency
-8.4%▼
2022 · -2.9%
Current ratio
0.37▲
2022 · 0.16
Quick ratio
0.37▲
2022 · 0.16
Debt / equity
-12.97▲
2022 · -35.48
ROA
-13.1%▼
2022 · -3.4%
Interest coverage
-202.68▼
2022 · -29.94
Debt
€1.63M▼
2022 · €1.71M
Debt ≤ 1 year
€333k▲
2022 · €312k
Debt > 1 year
€1.30M▼
2022 · €1.40M
Staff costs
€162k▲
2022 · €151k
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€1.66M€1.50M▼
Fixed assets21/28€1.61M€1.38M▼
Tangible fixed assets22/27€1.57M€1.36M▼
Plant, machinery and equipment23-€948k
Assets under construction and advance payments27€1.57M€410k▼
Financial fixed assets28€43k€22k▼
Current assets29/58€50k€123k▲
Amounts receivable within one year40/41€50k€123k▲
Trade receivables40€38k€119k▲
Other amounts receivable41€12k€4k▼
Cash at bank and in hand54/58€0€239▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.66M€1.50M▼
Equity10/15€-48k€-126k▼
Contributions10/11€420k€540k▲
Profit (loss) carried forward14€-468k€-666k▼
Amounts payable17/49€1.71M€1.63M▼
Amounts payable after more than one year17€1.40M€1.30M▼
Financial debts170/4€1.40M€1.30M▼
Amounts payable within one year42/48€312k€333k▲
Financial debts43€4k€0▼
Credit institutions430/8€4k€0▼
Trade debts44€83k€66k▼
Suppliers440/4€83k€66k▼
Taxes, remuneration and social security45€31k€76k▲
Taxes450/3-€24k
Remuneration and social security454/9€31k€52k▲
Other amounts payable47/48€195k€192k▼
Income statement
Code20222023
Remuneration, social security and pensions62€151k€162k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€31k▲
Other operating charges640/8€556€569▲
Non-recurring operating charges66A-€78k
Gross operating margin9900€97k€96k▼
Operating profit (loss)9901€-55k€-175k▼
Financial charges65/66B€2k€22k▲
Recurring financial charges65€2k€712▼
Non-recurring financial charges66B-€22k
Profit (loss) for the period before taxes9903€-56k€-197k▼
Profit (loss) for the period9904€-56k€-197k▼
Profit (loss) for the period to be appropriated9905€-56k€-197k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-468k€-666k▼
Profit (loss) brought forward from the previous period14P€-412k€-468k▼
The notes to these accounts (11 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 EARTH 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
31-12
Financial
Weakest financial yearnet €-197k
Net result drops to €-197k, the lowest in the series.
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
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 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.
Directors · office · real estate
Directors
7 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 · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin de la Waronche 11471 GenappeGround area
2.8 ha
Building footprint
194 m²
Volume, LiDAR
1,211 m³
Parcel 25059C0064/00F000, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vertical Speed
since 20042.137.905.734
1 parcel
Wallonia
1
(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. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 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 |
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenappe2.137.905.734
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Of 3,625 companies in sector 01130 we hold annual accounts for 789. 157 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2004
Fiscal year end31-12
Activities, NACEBEL
01130Growing of vegetables, melons, roots and tubers
63230
68121Development of residential building projects
68122Development of non-residential building projects
52230Warehousing and support activities for transportation
68201Renting and operating of own or leased residential real estate, excluding social housing
71210
71230
77120Rental and leasing activities
77350Rental and leasing activities
85532Education
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.