ACTIVE

Indaver Energy

Financial year 2025 · Closed on 31/12/2025

Net result-48 k €+25,0 %over 1 year
Gross margin-63 k €+15,7 %over 1 year
Equity138,4 M €-0,0 %over 1 year

Identity

Source · BCE/KBO

Indaver Energy is a Public limited company incorporated in 2011. Its registered office is in Beveren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0838.860.354
Incorporation
30/08/2011
Legal form
Public limited company
Registered office
Ketenislaan(KAL) 1 box haven 1548
9130 Beveren · FlandreSee on map
Contributed capital
138 594 564,14 €
Latest accounts
31/12/2025
Signals
Solid equity

Financials

Source · NBB, 15 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin-63 k €-74,8 k €-54,2 k €-18,1 k €-13,2 k €
EBITDA-64,3 k €-74,8 k €-57 k €-18,3 k €-14,1 k €
Operating result-64,3 k €-74,8 k €-57 k €-18,3 k €-14,1 k €
Net result-48 k €-64 k €-57,3 k €-18,8 k €-14,4 k €
Balance sheet
Equity138,4 M €138,4 M €138,5 M €138,6 M €70,1 M €
Total assets138,5 M €138,5 M €138,5 M €138,6 M €70,1 M €
Cash809,3 €1,3 k €318,7 €423,5 €873,5 €
Debts146,1 k €98,6 k €33,9 k €6,1 k €3,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 19 ended

Active mandates

Tsundoku Ventures

Director · since 01 janvier 2025 · until 10 juin 2030 · 0702.764.208

Represented by Hilde Vangilbergen

Active
Gavilán Consulting

Director · since 01 juillet 2024 · until 10 juin 2030 · 0636.863.792

Represented by Karl Huts

Active

Ended mandates

Karl HUTS

Director · since 30 septembre 2021 · until 14 juin 2027

Ended
Paul DE BRUYCKER

Director · since 30 septembre 2021 · until 01 janvier 2025

Ended
Paul DE BRUYCKER

Director · since 30 septembre 2021 · until 14 juin 2027

Ended
Carine ATERS

Director · since 27 février 2017 · until 30 septembre 2021

Ended

Other companies at this address

Ketenislaan(KAL) 1 9130 Beveren
CompanyCBE no.
0464.418.182
INDAVER● Active
0427.973.304
Indaver Holding● Active
0740.624.296
Indaver Kosovo● Active
0804.328.552
Kallo Storage● Active
0445.030.654
0428.726.736
0424.908.894
0440.566.080
0404.779.317
NOORDKASTEEL● Active
0453.898.830
0457.525.145
0400.532.301

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date15/06/202616/06/202511/06/202429/06/202316/06/202218/02/2022
General meeting08/06/202609/06/202510/06/202412/06/202313/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202615/06/2026DutchPDF
Abridged model31/12/202409/06/202516/06/2025DutchPDF
Abridged model31/12/202310/06/202411/06/2024DutchPDF
Abridged model31/12/202212/06/202329/06/2023DutchPDF
Abridged model31/12/202113/06/202216/06/2022DutchPDF
Abridged modelCorrection31/12/202014/06/202118/02/2022DutchPDF
Abridged model31/12/202014/06/202101/07/2021DutchPDF
Abridged model31/12/201908/06/202014/07/2020DutchPDF
Abridged model31/12/201811/06/201924/06/2019DutchPDF
Abridged model31/12/201711/06/201815/06/2018DutchPDF
Full model31/12/201630/06/201731/08/2017DutchPDF
Full model31/12/201513/06/201602/08/2017DutchPDF
Full model31/12/201408/06/201526/06/2015DutchPDF
Full model31/12/201309/06/201401/07/2014DutchPDF
Full model31/12/201210/06/201302/04/2014DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 19 ended

Active mandates

Tsundoku Ventures

Director · since 01 janvier 2025 · until 10 juin 2030 · 0702.764.208

Represented by Hilde Vangilbergen

Active
Gavilán Consulting

Director · since 01 juillet 2024 · until 10 juin 2030 · 0636.863.792

Represented by Karl Huts

Active

Ended mandates

Karl HUTS

Director · since 30 septembre 2021 · until 14 juin 2027

Ended
Paul DE BRUYCKER

Director · since 30 septembre 2021 · until 01 janvier 2025

Ended
Paul DE BRUYCKER

Director · since 30 septembre 2021 · until 14 juin 2027

Ended
Carine ATERS

Director · since 27 février 2017 · until 30 septembre 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/07/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates30/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares01/07/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates10/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/10/2022
    KAPITAAL - AANDELEN
    PDF

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 2025-48 k €↑
  2. 01/01/2025
    nominationTsundoku Ventures BV — bestuurder
  3. 2024
    Annual accounts 2024-64 k €↓
  4. 01/07/2024
    nominationGavilan Consulting bv — bestuurder
  5. 2023
    Annual accounts 2023-57,3 k €↓
  6. 12/06/2023
    reconductionErnst & Young Bedrijfsrevisoren — revisor
  7. 2022
    Annual accounts 2022-18,8 k €↓
  8. 13/10/2022
    augmentation_capital
  9. 2021
    Annual accounts 2021-14,4 k €↓
  10. 2020
    Annual accounts 2020-905,5 €↑
  11. 2020
    Name changeIndaver Energy
  12. 2019
    Annual accounts 2019-2 k €↑
  13. 2018
    Annual accounts 2018-2,1 k €↑
  14. 2017
    Annual accounts 2017-18 k €↓
  15. 2016
    Annual accounts 20163,6 k €↓
  16. 2015
    Annual accounts 20153,8 k €↓
  17. 2015
    Name changeINDAVER ENERGY BELGIUM
  18. 2014
    Annual accounts 20144,6 k €↓
  19. 2013
    Annual accounts 20135,1 k €↑
  20. 2012
    Annual accounts 20121,1 k €
  21. 2012
    Name changeDelta Energy Belgium
  22. 30/08/2011
    IncorporationPublic limited company