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Indaver Holding

Group · 12 companies

Indaver Holding and the 11 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Parent's dossierFollow this group My exposure
Companies
12
all in Belgium
Countries
1
Belgium
Total assets
€2.75bn
what the companies own together
Equity
€1.94bn
the shareholders' buffer
Net result
€38.5m
profit or loss of the year
Staff (FTE)
803
in Belgium, social balance

Sum of the filed annual accounts of 12 of the 12 Belgian companies (fiscal years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

69/100 median score

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • Indaver Holding6 subsidiaries
    BE 0740.624.296Parent
    No verdict€1.48bn €1.22bn 2025
    • DRANCO
      BE 0443.823.401100% per the accounts
      Fair · 59€18.9m €2.3m 2025
    • INDAVER5 subsidiaries
      BE 0427.973.304100% per the accounts
      Healthy · 70€751.0m €372.8m 2025
    • Indaver Energy
      BE 0838.860.354100% per the accounts
      Healthy · 68€138.5m €138.4m 2025
    • Indaver Kosovo
      BE 0804.328.552100% per the accounts
      No verdict€41,294 €37,453 2025
    • Indaver Plastics2Chemicals
      BE 0770.489.311100% per the accounts
      Elevated · 45€93.2m €5.4m 2025
    • InOpSys
      BE 0630.861.670100% per the accounts
      Elevated · 55- - 2025

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

12

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. Capital increase
    Capital changeIndaver Holding
  2. 1 director appointed, 1 director resigning
    Director changeWarmtenetwerk Antwerpen Noord
  3. EY Bedrijfsrevisoren BV appointed as statutory auditor
    Director changeIndaver Energy
  4. PDB BV reappointed as director
    Director changeINDAVER
  5. 2 directors appointed, 2 directors resigning
    Director changeFoster M&O
  6. Annick Van Driessen reappointed as director
    Director changeINDAVER LOGISTICS
  7. 3 directors appointed
    Director changeIndaver Energy
  8. 3 directors appointed
    Director changeInOpSys
  9. 5 directors appointed, 1 director resigning
    Director changeINDAVER LOGISTICS
  10. 85 directors appointed
    Director changeIndaver Municipal Services
  11. 90 directors appointed
    Director changeIndaver Holding
  12. Change of permanent representative
    Director changeINDAVER

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 02-10-2026

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