INTERSOURCE MANAGEMENT GROUP EUROPE
Open bankruptcySummary
A bankruptcy procedure is open for INTERSOURCE MANAGEMENT GROUP EUROPE according to publications in the Belgian State Gazette. The 2025 annual accounts show equity of €89k and a net result of €0.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-04-2026, 108 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
108 d early
2024
44 d early
2023
15 d early
2022
23 d late
2021
12 d early
2020
30 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k=
2024 · €89k
2018: €84k
2019: €85k
2020: €88k
2021: €88k
2022: €89k
2023: €89k
2024: €89k
2018 → 2025
Total assets
€158k▲ 17.8%
2024 · €134k
2018: €115k
2019: €123k
2020: €116k
2021: €116k
2022: €121k
2023: €136k
2024: €134k
2018 → 2025
Net result
€0▼ 100%
2024 · €285
2018: €2k
2019: €1k
2020: €3k
2021: €466
2022: €567
2023: €0
2024: €285
2018 → 2025
Working capital
€89k▲ 0.3%
2024 · €89k
2018: €83k
2019: €85k
2020: €87k
2021: €88k
2022: €88k
2023: €88k
2024: €89k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€88k-€89k▲ 0.6%€89k=€89k▲ 0.3%€89k=
Operating result€980-€781▼ 20.3%€39▼ 95.0%€-774€866
Net result€466-€567▲ 21.7%€0▼ 100%€285€0▼ 100%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €866 after a loss of €774 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €158k
Equity
€89k =
Debt
€69k ▲ 53.1%
Debt's share of the balance-sheet total rises from 33.5% to 43.5%. Debt is higher.
Key figures and ratios
EBITDA
€1k▲
2024 · €-384
Cash flow
€299▼
2024 · €676
Current ratio
2.30▼
2024 · 2.98
Debt to equity
0.77▲
2024 · 0.50
ROE
0.0%▼
2024 · 0.3%
ROA
0.0%▼
2024 · 0.2%
Interest coverage
1.35▲
2024 · -3.37
Debt ≤ 1 year
€69k▲
2024 · €45k
Income taxes
€0▼
2024 · €95
Staff costs
€168k▼
2024 · €169k
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€134k€158k▲
Fixed assets21/28€299€0▼
Tangible fixed assets22/27€299€0▼
Furniture and vehicles24€299€0▼
Current assets29/58€134k€158k▲
Amounts receivable within one year40/41€128k€141k▲
Trade receivables40€118k€130k▲
Other amounts receivable41€11k€11k▲
Cash at bank and in hand54/58€5k€17k▲
Equity and liabilities
Total equity and liabilities10/49€134k€158k▲
Equity10/15€89k€89k=
Contributions10/11€50k€50k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€38k€38k=
Amounts payable17/49€45k€69k▲
Amounts payable within one year42/48€45k€69k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€42k€63k▲
Taxes450/3€9k€11k▲
Remuneration and social security454/9€33k€51k▲
Other amounts payable47/48€275€275=
Income statement
Code20242025
Remuneration, social security and pensions62€169k€168k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€390€299▼
Other operating charges640/8€682€2k▲
Gross operating margin9900€170k€170k▲
Operating profit (loss)9901€-774€866▲
Financial income75/76B€1k€0▼
Recurring financial income75€1k€0▼
Financial charges65/66B€114€866▲
Recurring financial charges65€114€866▲
Profit (loss) for the period before taxes9903€380€0▼
Income taxes67/77€95€0▼
Profit (loss) for the period9904€285€0▼
Profit (loss) for the period to be appropriated9905€285€0▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€38k=
Profit (loss) brought forward from the previous period14P€37k€38k▲
The notes to these accounts (7 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
23-07
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · INTERSOURCE MANAGEMENT GROUP EUROPE SRL RUE DU PASSAGE D’EAU 1/B, 4681 HERMALLE-SOUS-ARGENTEAU · event 15-07-2026
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €285
Net result €285 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €3k ▲82.8%
Operating result €4k, net result €3k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oupeye · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Passage d'Eau 14681 OupeyeGround area
2,768 m²
Building footprint
508 m²
Parcel 62049B0390/00R000, Wallonia. Linked by address, not a title deed.
1 establishment unit
I.M.G.E.
since 20042.139.141.889
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62049B0390/00R000 | Wallonia | 2,768 m² | 1 · 508 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JEAN-PAUL TASSET QUAI MARCELLIS 7,
4020 LIEGE 2 |
15-07-2026 → present |
| Curator | MATHILDE RENTMEISTER QUAI
MARCELLIS 7, 4000 LIEGE 1 |
15-07-2026 → present |
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Of 1,075 companies in sector 46140 we hold annual accounts for 644. 497 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 formPrivate limited company
Founded28-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.