INTRACO
Open bankruptcyA bankruptcy procedure is open for INTRACO according to publications in the Belgian State Gazette; curator: ANNE-MARIE LAUREYS.
Summary
The 2023 annual accounts show equity of €1k and a net result of €-9k.
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 31-12-2023 was due by 31-07-2024 and was filed on 01-07-2024, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d early
2022
31 d early
2021
30 d early
2020
31 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€74k▼ 19.4%
2022 · €92k
2021: €63k
2022: €92k
2021 → 2023
EBIT margin
-12.0%▼ 17.2pp
2022 · 5.2%
2021: -4.8%
2022: 5.2%
2021 → 2023
Net result
€-9k
2022 · €5k
2018: €6k
2019: €3k
2020: €7k
2021: €-3k
2022: €5k
2018 → 2023
Working capital
€2k▼ 77.4%
2022 · €9k
2018: €-3k
2019: €43
2020: €6k
2021: €4k
2022: €9k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€63k€92k▲ 45.7%€74k▼ 19.4%
Equity€2k-€9k▲ 409%€6k▼ 34.4%€10k▲ 80.7%€1k▼ 88.2%
Operating result€3k-€7k▲ 141%€-3k€5k€-9k
Net result€3k-€7k▲ 139%€-3k€5k€-9k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €9k after €5k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €15k
Fixed assets
€446 ▼ 50.0%
Current assets
€15k ▲ 49.4%
Equity and liabilities €15k
Equity
€1k ▼ 88.2%
Debt
€14k ▲ 2,331%
Debt's share of the balance-sheet total rises from 5.4% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k▼
2022 · €6k
Cash flow
€-9k▼
2022 · €6k
Current ratio
1.17▼
2022 · 17.16
Quick ratio
1.01▼
2022 · 9.94
Debt to equity
11.63▲
2022 · 0.06
ROE
-745.8%▼
2022 · 44.7%
ROA
-59.1%▼
2022 · 42.3%
Interest coverage
-27.03▼
2022 · 25.60
Debt ≤ 1 year
€13k▲
2022 · €583
Staff costs
€5k▲
2022 · €4k
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 · 2023 against 2022 · 46 lines
Balance sheet
Code20222023
Assets
Total assets20/58€11k€15k▲
Fixed assets21/28€892€446▼
Tangible fixed assets22/27€892€446▼
Other tangible fixed assets26€892€446▼
Current assets29/58€10k€15k▲
Stocks and contracts in progress3€4k€2k▼
Stocks30/36€4k€2k▼
Amounts receivable within one year40/41€4k€11k▲
Trade receivables40€1k€2k▲
Other amounts receivable41€3k€9k▲
Cash at bank and in hand54/58€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€11k€15k▲
Equity10/15€10k€1k▼
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€9k€9k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-17k€-26k▼
Amounts payable17/49€583€14k▲
Amounts payable within one year42/48€583€13k▲
Current portion of amounts payable after more than one year42€295-
Trade debts44-€3k
Suppliers440/4-€3k
Taxes, remuneration and social security45€288€513▲
Remuneration and social security454/9€288€513▲
Other amounts payable47/48-€9k
Accrued charges and deferred income492/3-€1k
Income statement
Code20222023
Turnover70€92k€74k▼
Goods, raw materials, services and sundry goods60/61€80k€71k▼
Remuneration, social security and pensions62€4k€5k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€446▼
Other operating charges640/8€2k€6k▲
Gross operating margin9900€12k€2k▼
Operating profit (loss)9901€5k€-9k▼
Financial income75/76B€78€53▼
Recurring financial income75€78€53▼
Financial charges65/66B€225€311▲
Recurring financial charges65€225€311▲
Profit (loss) for the period before taxes9903€5k€-9k▼
Profit (loss) for the period9904€5k€-9k▼
Profit (loss) for the period to be appropriated9905€5k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-26k▼
Profit (loss) brought forward from the previous period14P€-22k€-17k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · INTRACO BV KERKSTRAAT 19, 9240 ZELE · event 17-02-2025
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-9k ▼297%
Net result drops to €-9k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 17.16
Current ratio from 1.73 to 17.16; short-term debt falls from €5k to €583.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €7k ▲139%
Operating result €7k, net result €7k, both a record.
31-12
Financial
Liquidity times 10current ratio 10.00
Current ratio from 1.02 to 10.00; short-term debt falls from €3k to €645.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
14-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zele · 1 establishment unit since 1994
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.
Kerkstraat 199240 ZeleGround area
405 m²
Building footprint
269 m²
Volume, LiDAR
1,300 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Trapkes Op
since 19942.066.492.651
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42402F0613/00E000 | Flanders | 305 m² | 1 · 211 m² | 10.6 m · 1 fl. |
| 42402F0605/00T000 | Flanders | 101 m² | 1 · 58 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANNE-MARIE LAUREYS ROOMSTRAAT 40,
9160 LOKEREN |
17-02-2025 → present |
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteZele2.066.492.651
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 1,277 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 (pre-2019)
Founded17-03-1994
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.