INTERCONSTRUCT
ActiveSummary
INTERCONSTRUCT has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.84M and a net result of €1.43M. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 837 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+3
Solvency54▼-1
Growth68▼-3
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.96 in 2024; short-term debt: 38.7% and cash: 8.8% of total assets), but 71.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.6%
Return on assets
6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-03-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
54 d early
2023
71 d early
2021
75 d early
2020
51 d early
2019
52 d early
2018
63 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€39.89M▼ 8.0%
2024 · €43.37M
2018: €28.62M
2019: €30.08M
2020: €23.29M
2021: €24.33M
2023: €68.26M
2024: €43.37M
2018 → 2025
EBIT margin
5.3%▲ 1.2pp
2024 · 4.2%
2018: 2.1%
2019: 0.9%
2020: 0.1%
2021: 1.9%
2023: 8.9%
2024: 4.2%
2018 → 2025
Net result
€1.43M▲ 20.4%
2024 · €1.19M
2018: €240k
2019: €70k
2020: €-76k
2021: €199k
2023: €4.22M
2024: €1.19M
2018 → 2025
Working capital
€7.89M▼ 0.6%
2024 · €7.93M
2018: €2.59M
2019: €2.95M
2020: €2.93M
2021: €2.65M
2023: €5.71M
2024: €7.93M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Turnover€23.29M-€24.33M▲ 4.5%€68.26M▲ 181%€43.37M▼ 36.5%€39.89M▼ 8.0%
Equity€3.35M-€3.53M▲ 5.2%€5.74M▲ 62.6%€6.91M▲ 20.4%€6.84M▼ 1.0%
Operating result€34k-€453k▲ 1,252%€6.08M▲ 1,240%€1.80M▼ 70.4%€2.13M▲ 18.2%
Net result€-76k-€199k€4.22M▲ 2,024%€1.19M▼ 71.9%€1.43M▲ 20.4%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23.92M
Fixed assets
€6.77M ▲ 4.2%
Current assets
€17.14M ▲ 5.7%
Equity and liabilities €23.92M
Equity
€6.84M ▼ 1.0%
Provisions
€645k ▲ 44.5%
Debt
€16.44M ▲ 6.9%
Debt's share of the balance-sheet total rises from 67.6% to 68.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2.82M▲
2024 · €2.38M
Cash flow
€2.11M▲
2024 · €1.77M
Current ratio
1.85▼
2024 · 1.96
Quick ratio
1.74▼
2024 · 1.80
Debt to equity
2.40▲
2024 · 2.23
ROE
20.9%▲
2024 · 17.2%
ROA
6.0%▲
2024 · 5.2%
Interest coverage
13.40▲
2024 · 10.46
Debt ≤ 1 year
€9.26M▲
2024 · €8.29M
Debt > 1 year
€6.35M▼
2024 · €6.40M
Income taxes
€553k▲
2024 · €483k
Staff costs
€5.09M▲
2024 · €5.05M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 105 lines
Balance sheet
Code20242025
Assets
Total assets20/58€22.72M€23.92M▲
Fixed assets21/28€6.50M€6.77M▲
Tangible fixed assets22/27€6.37M€6.70M▲
Land and buildings22€152k€147k▼
Plant, machinery and equipment23€99k€152k▲
Furniture and vehicles24€124k€76k▼
Leasing and similar rights25€2.99M€3.49M▲
Other tangible fixed assets26€3.00M€2.84M▼
Financial fixed assets28€132k€72k▼
Other financial fixed assets284/8€132k€72k▼
Amounts receivable and cash guarantees285/8€132k€72k▼
Current assets29/58€16.22M€17.14M▲
Amounts receivable after more than one year29€783k€789k▲
Other amounts receivable291€783k€789k▲
Stocks and contracts in progress3€1.34M€1.07M▼
Stocks30/36€1.34M€1.07M▼
Raw materials and consumables30/31€81k€104k▲
Goods purchased for resale34€298k€205k▼
Property held for sale35€962k€765k▼
Amounts receivable within one year40/41€12.17M€12.98M▲
Trade receivables40€11.64M€11.77M▲
Other amounts receivable41€534k€1.21M▲
Current investments50/53-€42k
Other investments51/53-€42k
Cash at bank and in hand54/58€1.75M€2.09M▲
Deferred charges and accrued income490/1€174k€166k▼
Equity and liabilities
Total equity and liabilities10/49€22.72M€23.92M▲
Equity10/15€6.91M€6.84M▼
Contributions10/11€620k€620k=
Capital10€620k€620k=
Issued capital100€620k€620k=
Reserves13€6.15M€6.09M▼
Non-distributable reserves130/1€62k€62k=
Legal reserve130€62k€62k=
Tax-exempt reserves132€338k€282k▼
Distributable reserves133€5.75M€5.75M=
Investment grants15€141k€126k▼
Provisions and deferred taxes16€446k€645k▲
Provisions for liabilities and charges160/5€334k€551k▲
Other liabilities and charges164/5€334k€551k▲
Deferred taxes168€113k€94k▼
Amounts payable17/49€15.37M€16.44M▲
Amounts payable after more than one year17€6.40M€6.35M▼
Financial debts170/4€4.80M€4.93M▲
Leasing and similar obligations172€2.76M€3.01M▲
Credit institutions173€2.04M€1.92M▼
Trade debts175€1.60M€1.42M▼
Suppliers1750€1.60M€1.42M▼
Amounts payable within one year42/48€8.29M€9.26M▲
Current portion of amounts payable after more than one year42€509k€675k▲
Financial debts43€1.66M€1.02M▼
Credit institutions430/8€1.66M€1.02M▼
Trade debts44€5.25M€4.68M▼
Suppliers440/4€5.25M€4.68M▼
Advances received on contracts in progress46€300k€700k▲
Taxes, remuneration and social security45€574k€706k▲
Taxes450/3€97k€150k▲
Remuneration and social security454/9€477k€557k▲
Other amounts payable47/48€0€1.48M▲
Accrued charges and deferred income492/3€682k€829k▲
Income statement
Code20242025
Operating income70/76A€44.80M€40.79M▼
Turnover70€43.37M€39.89M▼
Change in stocks of work in progress, finished goods and contracts in progress71€700k€0▼
Own construction capitalised72€123k€0▼
Other operating income74€536k€535k▼
Non-recurring operating income76A€74k€360k▲
Operating charges60/66A€43.00M€38.66M▼
Goods for resale, raw materials and consumables60€34.01M€29.74M▼
Purchases600/8€33.64M€29.47M▼
Change in stocks: decrease (increase)609€365k€266k▼
Services and other goods61€2.47M€2.64M▲
Remuneration, social security and pensions62€5.05M€5.09M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€581k€687k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€182k€0▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€334k€217k▼
Other operating charges640/8€383k€281k▼
Non-recurring operating charges66A€0€3k▲
Operating profit (loss)9901€1.80M€2.13M▲
Financial income75/76B€134k€160k▲
Recurring financial income75€134k€160k▲
Income from current assets751€25k€100k▲
Other financial income752/9€109k€60k▼
Financial charges65/66B€284k€327k▲
Recurring financial charges65€284k€264k▼
Debt charges650€228k€210k▼
Other financial charges652/9€56k€54k▼
Non-recurring financial charges66B-€63k
Profit (loss) for the period before taxes9903€1.65M€1.96M▲
Transfer from deferred taxes780€19k€19k▼
Transfer to deferred taxes680€0-
Income taxes67/77€483k€553k▲
Taxes670/3€483k€553k▲
Tax adjustments and reversals of tax provisions77€0€0▲
Profit (loss) for the period9904€1.19M€1.43M▲
Transfer from tax-exempt reserves789€56k€56k▼
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€1.24M€1.48M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.24M€1.48M▲
Transfer from equity791/2€0-
From reserves792€0-
Transfer to equity691/2€1.24M€363▼
To other reserves6921€1.24M€363▼
Profit to be distributed694/7€0€1.48M▲
Return on contributions (dividend)694€0€1.48M▲
Social balance
Average headcount (FTE)908782.479.2▼
The notes to these accounts (91 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Highest result since 2018net €4.22M ▲2,024%
Operating result €6.08M, net result €4.22M, both a record.
30-09
Financial
Equity above €5MEq €5.74M ▲62.6%
2 profitable years in a row build equity to €5.74M.
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €199k
Net result €199k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-76k
Net result drops to €-76k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 1987
Ground area
109 m²
Building footprint
60 m²
Parcel 54007B0508/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
INTERCONSTRUCT
since 19872.069.493.218
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0508/00T000 | Wallonia | 109 m² | 1 · 60 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
14 categoriesINTERCONSTRUCT SA17835
Legal Entity Identifier
984500LA0408C01C3D07
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UNICAS
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 1,460 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-10-1987
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:dp@interconstruct.be
Phone:056856262