ACTIVE

Indaver Holding

Financial year 2025 · closed on 31/12/2025
Net result
35,5 M €
-5.2% YoY
Equity
1,2 Md €
+3.1% YoY
Workforce
16,9 ETP
-0.6% YoY

What does Indaver Holding do?

Indaver Holding is a Public limited company incorporated in 2019. Its main activity is: Activities of holding companies. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 16,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0740.624.296
Incorporation
31/12/2019
Legal form
Public limited company
Registered office
Ketenislaan(KAL) 1
9130 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
1 137 502 734,72 €
Latest accounts
31/12/2025
Average workforce
16,9 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityPositive cashflowHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
EBITDA-2,1 M €-1,9 M €-1,3 M €-1 M €-1,1 M €-2,7 M €
Operating result-2,1 M €-2 M €-1,3 M €-1,1 M €-1,1 M €-2,8 M €
Net result35,5 M €37,5 M €38,5 M €27,9 M €71,4 M €-1,9 M €
Balance sheet
Equity1,2 Md €1,2 Md €1 Md €873,5 M €467,1 M €464,2 M €
Total assets1,5 Md €1,5 Md €1,2 Md €1,2 Md €811 M €741 M €
Cash783,7 €314,4 €1,1 k €7,5 k €8 k €69,6 €
Debts252,3 M €268,5 M €215,6 M €367,6 M €342,8 M €276,1 M €
Other
Workforce16,9 ETP17,0 ETP16,2 ETP15,7 ETP15,4 ETP13,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

Entra Mobile

Director · since 16 avril 2025 · until 16 avril 2031 · 0726.739.737

Represented by Dirk Michielsens

Active
PDB

Chairman of the board of directors · since 01 septembre 2024 · until 17 avril 2030 · 1009.136.728

Represented by Paul De Bruycker

Active
Avelin

Managing director · since 28 novembre 2023 · until 18 avril 2029 · 0827.763.752

Represented by Jonathan Van Steelant

Active

Ended mandates

Avelin

Managing director · since 28 novembre 2023 · until 19 avril 2028 · 0827.763.752

Represented by Jonathan Van Steelant

Ended
L.V.L.-BEHEER

Director · since 01 septembre 2022 · until 19 avril 2028 · 0878.833.757

Represented by Fabian Leroy

Ended
Entra Mobile

Director · since 31 décembre 2019 · until 16 avril 2025 · 0726.739.737

Represented by Dirk Michielsens

Ended
Entra Mobile

Director · since 31 décembre 2019 · until 15 avril 2026 · 0726.739.737

Represented by Dirk MICHIELSENS

Ended
At this address

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0838.860.354
Indaver KosovoActive
0804.328.552
Kallo StorageActive
0445.030.654
0428.726.736
0424.908.894
0440.566.080
0404.779.317
NOORDKASTEELActive
0453.898.830
0457.525.145
0400.532.301
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202131/12/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months13 months
Filing date21/04/202624/04/202529/04/202402/05/202320/02/202307/05/2021
General meeting15/04/202616/04/202517/04/202419/04/202320/04/202221/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/04/202621/04/2026DutchPDF
Full model31/12/202416/04/202524/04/2025DutchPDF
Full model31/12/202317/04/202429/04/2024DutchPDF
Full model31/12/202219/04/202302/05/2023DutchPDF
Full modelCorrection31/12/202120/04/202220/02/2023DutchPDF
Full model31/12/202120/04/202229/04/2022DutchPDF
Full model31/12/202021/04/202107/05/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

Entra Mobile

Director · since 16 avril 2025 · until 16 avril 2031 · 0726.739.737

Represented by Dirk Michielsens

Active
PDB

Chairman of the board of directors · since 01 septembre 2024 · until 17 avril 2030 · 1009.136.728

Represented by Paul De Bruycker

Active
Avelin

Managing director · since 28 novembre 2023 · until 18 avril 2029 · 0827.763.752

Represented by Jonathan Van Steelant

Active

Ended mandates

Avelin

Managing director · since 28 novembre 2023 · until 19 avril 2028 · 0827.763.752

Represented by Jonathan Van Steelant

Ended
L.V.L.-BEHEER

Director · since 01 septembre 2022 · until 19 avril 2028 · 0878.833.757

Represented by Fabian Leroy

Ended
Entra Mobile

Director · since 31 décembre 2019 · until 16 avril 2025 · 0726.739.737

Represented by Dirk Michielsens

Ended
Entra Mobile

Director · since 31 décembre 2019 · until 15 avril 2026 · 0726.739.737

Represented by Dirk MICHIELSENS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares15/09/2026
    KAPITAAL, AANDELEN
    PDF
  • Other03/07/2026
    PDF
  • Mandates06/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/11/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates09/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/12/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates29/10/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202535,5 M €
  2. 28/10/2025
    augmentation_capital
  3. 16/04/2025
    reconductionEntra Mobile BV — bestuurder
  4. 2024
    Annual accounts 202437,5 M €
  5. 20/11/2024
    augmentation_capital
  6. 01/09/2024
    nominationPDB BV — dagelijks bestuurder (CEO)
  7. 01/09/2024
    nominationPDB — bijkomend bestuurder
  8. 23/05/2024
    augmentation_capital
  9. 2023
    Annual accounts 202338,5 M €
  10. 28/11/2023
    nominationAvelin BV — bestuurder
  11. 27/10/2023
    augmentation_capital
  12. 22/05/2023
    augmentation_capital
  13. 08/05/2023
    reconductionErnst & Young Bedrijfsrevisoren BV — commissaris
  14. 2022
    Annual accounts 202227,9 M €
  15. 13/10/2022
    augmentation_capital
  16. 01/09/2022
    nominationL.V.L.-Beheer BV — bestuurder
  17. 10/08/2022
    augmentation_capital
  18. 17/05/2022
    augmentation_capital
  19. 2021
    Annual accounts 202171,4 M €
  20. 2020
    Annual accounts 2020-1,9 M €
  21. 31/12/2019
    IncorporationPublic limited company