Intertrans
Open bankruptcySummary
A bankruptcy procedure is open for Intertrans according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €266k and a net result of €-2.49M.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-2.49M
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1124 sector peers (2024).
NBB · sector comparisonPosition among 1124 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
21 d early
2022
14 d early
2021
30 d early
2020
24 d early
2019
38 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema, statutory accounts
Turnover
€62.82M▲ 45.8%
2023 · €43.08M
2018: €41.40M
2019: €45.89M
2020: €46.88M
2021: €91.47M
2022: €83.87M
2023: €43.08M
2018 → 2024
EBIT margin
-3.1%▲ 1.7pp
2023 · -4.8%
2018: 0.4%
2019: 0.5%
2020: 0.6%
2021: 0.2%
2022: 0.4%
2023: -4.8%
2018 → 2024
Net result
€-2.49M▲ 2.3%
2023 · €-2.55M
2018: €29k
2019: €40k
2020: €44k
2021: €78k
2022: €126k
2023: €-2.55M
2018 → 2024
Working capital
€-14.19M▼ 22.0%
2023 · €-11.64M
2018: €-4.04M
2019: €-4.34M
2020: €-4.23M
2021: €-8.89M
2022: €-8.71M
2023: €-11.64M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€46.88M-€91.47M▲ 95.1%€83.87M▼ 8.3%€43.08M▼ 48.6%€62.82M▲ 45.8%
Equity€5.10M-€5.18M▲ 1.5%€5.31M▲ 2.4%€2.76M▼ 48.0%€266k▼ 90.3%
Operating result€263k-€193k▼ 26.8%€324k▲ 68.2%€-2.09M€-1.97M▲ 5.5%
Net result€44k-€78k▲ 76.7%€126k▲ 61.1%€-2.55M€-2.49M▲ 2.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.97M in 2024 against €2.09M in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €28.89M
Fixed assets
€16.77M ▲ 0.6%
Current assets
€12.12M ▲ 18.6%
Equity and liabilities €28.89M
Equity
€266k ▼ 90.3%
Debt
€28.63M ▲ 18.6%
Debt's share of the balance-sheet total rises from 89.7% to 99.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1.76M▲
2023 · €-1.91M
Cash flow
€-2.27M▲
2023 · €-2.37M
Current ratio
0.46▼
2023 · 0.47
ROE
-935.5%▼
2023 · -92.5%
ROA
-8.6%▲
2023 · -9.5%
Interest coverage
-5.38▲
2023 · -7.31
Debt ≤ 1 year
€26.31M▲
2023 · €21.86M
Debt > 1 year
€1.69M▲
2023 · €1.68M
Income taxes
€9k▼
2023 · €33k
Staff costs
€8.66M▲
2023 · €8.07M
A ratio outside any meaningful range has been withheld (balance sheet total €28.89M, equity €266k).
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 · 2024 against 2023 · 78 lines
Balance sheet
Code20232024
Assets
Total assets20/58€26.89M€28.89M▲
Fixed assets21/28€16.67M€16.77M▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€1.11M€1.21M▲
Plant, machinery and equipment23€322k€519k▲
Furniture and vehicles24€103k€101k▼
Leasing and similar rights25€579k€506k▼
Other tangible fixed assets26€101k€82k▼
Financial fixed assets28€15.57M€15.57M=
Affiliated companies280/1€15.56M€15.56M=
Participating interests280€15.56M€15.56M=
Amounts receivable281€0-
Other financial fixed assets284/8€2k€2k▼
Amounts receivable and cash guarantees285/8€2k€2k▼
Current assets29/58€10.22M€12.12M▲
Amounts receivable within one year40/41€9.40M€10.96M▲
Trade receivables40€7.88M€9.49M▲
Other amounts receivable41€1.52M€1.47M▼
Cash at bank and in hand54/58€219k€636k▲
Deferred charges and accrued income490/1€596k€527k▼
Equity and liabilities
Total equity and liabilities10/49€26.89M€28.89M▲
Equity10/15€2.76M€266k▼
Contributions10/11€3.55M€3.55M=
Capital10€3.55M€3.55M=
Issued capital100€3.55M€3.55M=
Reserves13€1.76M€1.76M=
Non-distributable reserves130/1€355k€355k=
Legal reserve130€355k€355k=
Tax-exempt reserves132€14k€14k=
Distributable reserves133€1.39M€1.39M=
Profit (loss) carried forward14€-2.55M€-5.04M▼
Amounts payable17/49€24.13M€28.63M▲
Amounts payable after more than one year17€1.68M€1.69M▲
Financial debts170/4€1.68M€1.69M▲
Leasing and similar obligations172€449k€464k▲
Credit institutions173€100k€100k=
Other loans174€1.13M€1.13M=
Amounts payable within one year42/48€21.86M€26.31M▲
Current portion of amounts payable after more than one year42€461k€262k▼
Financial debts43€3.94M€4.42M▲
Credit institutions430/8€3.94M€4.42M▲
Trade debts44€10.05M€13.59M▲
Suppliers440/4€10.05M€13.59M▲
Taxes, remuneration and social security45€4.87M€5.54M▲
Taxes450/3€2.67M€2.35M▼
Remuneration and social security454/9€2.20M€3.20M▲
Other amounts payable47/48€2.53M€2.50M▼
Accrued charges and deferred income492/3€601k€623k▲
Income statement
Code20232024
Operating income70/76A€43.58M€63.36M▲
Turnover70€43.08M€62.82M▲
Other operating income74€498k€545k▲
Non-recurring operating income76A€1k€1k▼
Operating charges60/66A€45.67M€65.34M▲
Goods for resale, raw materials and consumables60€28.94M€44.65M▲
Purchases600/8€28.94M€44.65M▲
Services and other goods61€8.30M€11.34M▲
Remuneration, social security and pensions62€8.07M€8.66M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€181k€219k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-50k€28k▲
Other operating charges640/8€229k€437k▲
Operating profit (loss)9901€-2.09M€-1.97M▲
Financial income75/76B€64k€161k▲
Recurring financial income75€64k€132k▲
Income from current assets751€500€2k▲
Other financial income752/9€63k€131k▲
Non-recurring financial income76B-€29k
Financial charges65/66B€493k€670k▲
Recurring financial charges65€493k€670k▲
Debt charges650€261k€326k▲
Other financial charges652/9€232k€343k▲
Profit (loss) for the period before taxes9903€-2.52M€-2.48M▲
Income taxes67/77€33k€9k▼
Taxes670/3€33k€9k▼
Profit (loss) for the period9904€-2.55M€-2.49M▲
Profit (loss) for the period to be appropriated9905€-2.55M€-2.49M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2.55M€-5.04M▼
Profit (loss) brought forward from the previous period14P€0€-2.55M▼
Social balance
Average headcount (FTE)9087116.7128.1▲
The notes to these accounts (82 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SA INTERTRANS CHAUSSEE DE VILVORDE 11, 1120 NEDER-OVER-HEEMBEEK · event 01-06-2026
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-2.55M ▼2122%
Net result drops to €-2.55M, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €126k ▲61.1%
Operating result €324k, net result €126k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 38 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
36 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, Brussel · 8 establishment units since 1951
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.
Vilvoordsesteenweg 111120 BrusselGround area
10.3 ha
Building footprint
3.8 ha
Volume, LiDAR
305,035 m³
7 parcels, Brussels, Flanders, Wallonia · tallest building 20.1 m, ±4 floors. Linked by address, not a title deed.
8 establishment units
Vilvoordsesteenweg 11, 1120 Brussel
since 19512.107.548.593
SA INTERTRANS NV
since 19512.107.548.494
Belcrownlaan 25, 2100 Antwerpen
since 19752.107.548.989
INTERTRANS
since 19852.142.794.039
INTERTRANS SA
since 19932.107.548.890
INTERTRANS NV
since 20092.176.785.314
Show 2 more locations
Impasse des Couleurs - AUBANGE 3, 6790 Aubange
since 20182.282.324.876
Boulevard Millenium(H-G) H - G, 7110 La Louvière
since 20252.381.192.226
7 parcels
Flanders
5
(71.4%)
Wallonia
1
(14.3%)
Brussels
1
(14.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0268/00N000 | Flanders | 3.3 ha | 1 · 1.4 ha | 17.8 m · 3 fl. |
| 55020B0371/00M000 | Wallonia | 2.0 ha | 1 · 6,037 m² | 10.9 m · 3 fl. |
| 23643E0178/00Z002 | Flanders | 1.5 ha | 1 · 6,976 m² | 9.4 m |
| 31812P0240/00H003 | Flanders | 9,360 m² | 1 · 1,425 m² | - |
| 21819D0248/00N000 | Brussels | 9,219 m² | 1 · 6,759 m² | 20.1 m · 4 fl. |
| 34024C0383/00N000 | Flanders | 8,898 m² | 1 · 2,567 m² | 8.8 m · 2 fl. |
| 23047C0352/00C000 | Flanders | 7,392 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 6
7 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | EMMANUELLE BOUILLON CHAUSSEE DE LA
HULPE 187, 1170 WATERMAEL-BOITSFORT |
01-06-2026 → present |
| Curator | GUY KELDER PLACE GUY D’AREZZO 18, 1180 UCCLE- |
01-06-2026 → present |
| Curator | Catherine HERINCKX AVENUE DU
CONGO 1, 1050 IXELLES |
01-06-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
6 sitesVilvoorde2.107.548.890
La Louvière2.381.192.226
Menen2.142.794.039
Brugge2.176.785.314
Show 2 more sites
Machelen (Vl.Br.)2.107.548.494
Antwerpen2.107.548.989
Parcel delivery
Notified to the BIPT
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 5,976 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
Founded07-07-1951
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.