Financials
- Fiscal year
- 2025
- Total assets
- €19,643
- Loss
- -€46
- Solvency
- -192.5%
Total assets▲ 350%
Net result
20192025
INDRASUN
ActiveSummary
INDRASUN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€37,819) and a net result of -€46. Equity is shrinking by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 5053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Beauty care and other beauty treatments
NACE 96220NACE 93022Beauty treatment NACE 96022
1 site
Size
€19,643total assets 2025
- Equity
- -€37,819
- Loss
- -€46
Turnover not published (abridged schema)
Structure
Accounts 18 d early0 of 1 deed read
Why 54Capped at 59: negative equity- Negative equity -€37,819+ Size: total assets €19,643+ Founded in 2007Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 22% of its sector peers (NACE 96, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -192.5% of total assets
Liquidity
3+2
short-term debt 114.3% · cash 2.3%
Profitability
44+44
return on assets -0.2%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 5 months
06-2026: 0.5%
07-2026: 0.5%▼ -1.3% vs 06-2026lowest value
08-2026: 0.5%● 0.0% vs 07-2026lowest value
09-2026: 0.5%▲ +3.8% vs 08-2026
10-2026: 0.5%▲ +5.3% vs 09-2026highest value
- Size: total assets €19,643 lowers the probability for this profile
- Negative equity -€37,819 raises the probability
- Founded in 2007 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.19; short-term debt: 114.3% and cash: 2.3% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 96, micro). Better than this share of them on solvency 11%, liquidity 5%, profitability 33%, growth against the median 39%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€37,819
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-01-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
2 d early
2023
7 d early
2022
6 d early
2021
10 d early
2020
27 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 24 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€37,819 View
- Risk: 5 loss-making years in a rowloss fiscal year 2025 -€46 View
- Caution: Among the weakest 10% on solvencysector median 27.8% · 5,053 companies -192.5% View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
By topic
Timeline
- Events
- 13
- Since
- 2016
- Next accounts
- by 31-01-2027
- 13-01-2026Annual accounts filed
- 29-01-2025Annual accounts filed
- 24-01-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Beauty care and other beauty treatmentsNACE 96220
- Founded
- 15-01-2007
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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