Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
INDIA PAPA SIERRA from Antwerpen, company number BE0449117918, closed financial year 2025 with a result of € -1,768 after tax. For that financial year INDIA PAPA SIERRA recorded a gross margin of € -1,584 and equity of € -235,604. Compared with financial year 2024, the result moved from € -2,114 to € -1,768. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ -235,604
▼ € 1,768 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,768
▲ 16 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -254,196.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 101,350
Loans from banks and other lenders, long and short.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,544 | € -1,499 | € -1,584 | € -1,584 | |
| Profit after taxes | € -1,703 | € -2,066 | € -2,114 | € -1,768 | ▲ € 346 |
| Equity | € -229,656 | € -231,722 | € -233,836 | € -235,604 | ▼ € 1,768 |
| Total debts | € 229,656 | € 231,722 | € 233,836 | € 235,604 | ▲ 1% |
| Retained profit | € -248,248 | € -250,314 | € -252,428 | € -254,196 | ▼ € 1,768 |
| Bank debt | € 101,350 | € 101,350 | € 101,350 | € 101,350 |
Key figures of INDIA PAPA SIERRA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to INDIA PAPA SIERRA?
What happened at INDIA PAPA SIERRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,768. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,703 loss in 2022 to € 1,768 loss in 2025.
A new publication or filing at INDIA PAPA SIERRA? We notify you, reason included.
Follow INDIA PAPA SIERRADatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BELGIAN-ANGOLAN LOGISTICS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INDIA PAPA SIERRABehind INDIA PAPA SIERRA is Michel Sermon. The shares are held by BELGIAN-ANGOLAN LOGISTICS (0.1%).
Directors
According to the 2025 annual accounts
Michel Sermon
Manager
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Middelmolenlaan 175
2100 Antwerpen
Kiliaanstraat 1
2000 Antwerpen
Active since 22 January 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.117.918
- VAT number
- BE 0449.117.918
- Registered office
- Middelmolenlaan 175, 2100 Antwerpen
- Names & denominations
- INDIA PAPA SIERRA · I.P.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 1993
- Peppol
- Not registered