Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Indaver Energy from Beveren, company number BE0838860354, closed financial year 2025 with a result of € -47,992 after tax. For that financial year Indaver Energy recorded a gross margin of € -63,035 and equity of € 138.4 million. Compared with financial year 2024, the result moved from € -64,021 to € -47,992. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 138.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,992
▲ 25 % less loss than in 2024
Profit after tax over the fiscal year.
€ 809
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -207,185.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,501
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -18,084 | € -54,163 | € -74,817 | € -63,035 | ▲ € 11,782 |
| Profit after taxes | € -18,802 | € -57,325 | € -64,021 | € -47,992 | ▲ € 16,029 |
| Equity | € 138,556,717 | € 138,499,392 | € 138,435,371 | € 138,387,379 | |
| Total debts | € 6,060 | € 33,992 | € 98,962 | € 146,495 | ▲ 48% |
| Cash | € 424 | € 319 | € 1,267 | € 809 | ▼ 36% |
| Retained profit | € -37,847 | € -95,173 | € -159,193 | € -207,185 | ▼ € 47,992 |
| Balance sheet total | € 138,562,777 | € 138,533,384 | € 138,534,333 | € 138,533,875 |
Key figures of Indaver Energy, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Indaver Energy?
What happened at Indaver Energy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gavilan Consulting BV stepped down as director. NBB
- Tsundoku Ventures BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 47,992. Source: NBB ↗
- Tsundoku Ventures BV became a director. NBB
- Gavilan Consulting BV became a director. NBB
- New establishment in Beveren. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,802 loss in 2022 to € 47,992 loss in 2025.
Management
The shares are held by Indaver Holding NV (100%). It owns 100% of Indaver Rivenhall Holdings LTD itself.
Directors
According to the 2025 annual accounts
Director · represented by Karl Huts
Also active at: KATOEN NATIE TERMINALS, SEAPORT TERMINALS, INDAVER, DRANCO, Indaver Plastics2Chemicals
since 2024 · until 2030
Director · represented by Hilde Vangilbergen
Also active at: INDAVER, Indaver Separation Technologies, CORDEEL GROUP, Indaver Plastics Recycling, Indaver Plastics2Chemicals, Indaver Kosovo
since 2025 · until 2030
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Ketenislaan(KAL) 1 box haven 1548
9130 Beveren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Van Ameyde Marine (Belgium)
€ 2.1 million gross margin · 2025
Logistics General Contracting and Engineering
€ 3.7 million revenue · 2025
Katoen Natie Koersel
€ 395,103 gross margin · 2025
INDAVER same network
€ 330.6 million revenue · 2025
KATOEN NATIE GRINDING & COMPOUNDING SERVICES
€ 2.2 million gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.860.354
- VAT number
- BE 0838.860.354
- Registered office
- Ketenislaan(KAL) 1 bus haven 1548, 9130 Beveren
- Names & denominations
- Indaver Energy
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2011
- Peppol
- Active · Active since 1 Jan 2001