Active BE 0809.520.329Private limited companyOpen bankruptcy

INDRANI

Chemin de la Waronche 1 ·1471 Genappe, Belgium· 17 yrs active

Sector: Accommodation (55204)

Conclusion Checked

A bankruptcy procedure is open for INDRANI according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2023 annual accounts show negative equity (€-242k) and a net result of €-1.02M.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€-242k
Net result	€-1.02M
Staff (FTE)	5.2
Better than sector	28%

Snowflake analysis 5 of 5 axes measured · computed by Checked

42 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 33

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

70 / 100

Severe risk

Components

· 2 judicial reorganisations (+20)

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 27-11-2024 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 55, Accommodation · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-2.0%	12.7%	better than 28% of 373 sector peers
Net result	€-1.02M	€-874	better than 5% of 371 sector peers
Equity	€-242k	€16k	better than 5% of 373 sector peers
Gross operating margin	€125k	€21k	better than 86% of 371 sector peers
Staff costs	€249k	€43k	higher than 92% of 108 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-439k

-124.1% far below sector median

Net profit

€-1.02M

-129.6% far below sector median

Cash flow

€-733k

-151.5% far below sector median

Total assets

€12.21M

-2.4% far above sector median

Equity

€-242k

- far below sector median

Working capital

€-4.33M

-63.3% far below sector median

Employees (FTE)

5

-7.1% 18-23

Staff costs

€249k

+1.3% 18-23

Income taxes

€289

- -98% vs sector

Debt

€12.45M

+6.1% far above sector median

Debt ≤ 1y

€7.46M

+32.5% far above sector median

Debt > 1y

€4.88M

-20.0% far above sector median

Current ratio

0.42

-20.6% -62% vs sector

Quick ratio

0.42

-20.6% -62% vs sector

Solvency

-2.0%

- far below sector median

Debt / equity

-51.52

- far below sector median

ROE

423.7%

- far above sector median

ROA

-8.4%

-135.3% far below sector median

Interest coverage

-1.48

+27.5% far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Revenue	-
EBITDA	€-439k
Net profit	€-1.02M
Cash flow	€-733k
Staff costs	€249k
Income taxes	€289
Dividends	-
Total assets	€12.21M
Equity	€-242k
Debt	€12.45M
of which ≤ 1y	€7.46M
of which > 1y	€4.88M
Working capital	€-4.33M
Employees (FTE)	5.2

Ratios (computed)

	2023
Current ratio	0.42
Quick ratio	0.42
Working capital ratio	-35.4%
Solvency	-2.0%
Debt / equity	-51.52
Long-term debt ratio	-20.18
Interest coverage	-1.48
Gross margin	-
Net margin	-
ROA	-8.4%
ROE	423.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €9.07M · 74.3% Current assets €3.14M · 25.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€12.21M
Fixed assets	21/28	€9.07M
Intangible fixed assets	21	€0
Tangible fixed assets	22/27	€9.06M
Financial fixed assets	28	€7k
Current assets	29/58	€3.14M
Amounts receivable within one year	40/41	€1.75M
Cash & bank	54/58	€36k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€12.21M
Equity	10/15	€-242k
Contributions / capital	10/11	€2.04M
Accumulated profits (losses)	14	€-2.28M
Amounts payable	17/49	€12.45M
Amounts payable after one year	17	€4.88M
Amounts payable within one year	42/48	€7.46M
Trade debts payable within one year	44	€1.19M
Income statement
Gross operating margin	9900	€125k
Operating result	9901	€-730k
Financial income	75	€3k
Financial charges	65	€296k
Result before taxes	9903	€-1.02M
Income taxes	67/77	€289
Net result for the period	9904	€-1.02M
Result to be appropriated	9905	€-1.02M

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2, 1400 NIVELLES	08-07-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Accommodation(55204)
Legal form	Private limited company(610)
Incorporation	20-01-2009
Status	Active
Postal code	1471
First BS signal	24-09-2025
Latest BS signal	17-07-2026

Company structure, linked entities1 linked entities

Mandates

Establishment units 2 locations

INDRANI

Chemin de la Waronche 1, 1471 GenappeHotels en dergelijke accommodatie

since 20092.182.931.748

INDRANI LODGE

Place Morimont 1, 1471 GenappeHotels en dergelijke accommodatie

since 20192.286.355.128

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (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.
25059B0030/00P000 ProtectedSite or landscape	Wallonia	5,949 m²	1 · 567 m²	-

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

17-07-2026

Bankruptcy Opening

Tribunal de l’entreprise du Brabant wallon · INDRANI SRL CHEMIN DE LA WARONCHE 1, 1471 GENAPPE · event 08-07-2026

15-01-2026

Judicial reorganisation Extension

Tribunal de l’entreprise du Brabant wallon · collectif · event 08-01-2026

2025

24-09-2025

Judicial reorganisation Opening

Tribunal de l’entreprise du Brabant wallon · collectif · event 18-09-2025

2024

27-11-2024