INTALLPY
Open bankruptcyA bankruptcy procedure is open for INTALLPY according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-696k) and a net result of €-575k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-10-2024, 86 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
86 d late
2022
148 d late
2021
10 d early
2020
31 d late
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€-696k▼ 424%
2022 · €-133k
2018: €152k
2019: €285k
2020: €20k
2021: €27k
2022: €-133k
2018 → 2023
Total assets
€452k▼ 60.5%
2022 · €1.14M
2018: €1.09M
2019: €1.25M
2020: €521k
2021: €699k
2022: €1.14M
2018 → 2023
Net result
€-575k▼ 260%
2022 · €-160k
2018: €30k
2019: €133k
2020: €-265k
2021: €6k
2022: €-160k
2018 → 2023
Working capital
€-886k▼ 190%
2022 · €-306k
2018: €895k
2019: €302k
2020: €-130k
2021: €-133k
2022: €-306k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€285k-€20k▼ 92.8%€27k▲ 31.8%€-133k€-696k▼ 424%
Operating result€209k-€-314k€17k€-152k€-563k▼ 271%
Net result€133k-€-265k€6k€-160k€-575k▼ 260%
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 stays negative: a loss of €563k in 2023 against €152k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €452k
Fixed assets
€203k▼ 1.5%
Current assets
€249k▼ 73.4%
Key figures and ratios
EBITDA
€-552k▼
2022 · €-139k
Cash flow
€-564k▼
2022 · €-147k
Solvency
-154.0%▼
2022 · -11.6%
Current ratio
0.22▼
2022 · 0.75
Quick ratio
0.20▼
2022 · 0.47
Debt / equity
-1.65▲
2022 · -9.60
ROA
-127.3%▼
2022 · -14.0%
Interest coverage
-42.48▼
2022 · -17.07
Debt
€1.15M▼
2022 · €1.28M
Debt ≤ 1 year
€1.14M▼
2022 · €1.24M
Debt > 1 year
€12k▼
2022 · €33k
Income taxes
€748▲
2022 · €366
Staff costs
€300k▼
2022 · €385k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€1.14M€452k▼
Fixed assets21/28€206k€203k▼
Intangible fixed assets21€55k€48k▼
Tangible fixed assets22/27€809€5k▲
Plant, machinery and equipment23€0€2k▲
Furniture and vehicles24€809€3k▲
Other tangible fixed assets26€0-
Financial fixed assets28€150k€150k=
Current assets29/58€937k€249k▼
Amounts receivable after more than one year29€75k€20k▼
Other amounts receivable291€75k€20k▼
Stocks and contracts in progress3€355k€17k▼
Stocks30/36€58k€17k▼
Contracts in progress37€297k-
Amounts receivable within one year40/41€439k€114k▼
Trade receivables40€438k€111k▼
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€68k€91k▲
Deferred charges and accrued income490/1€0€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€452k▼
Equity10/15€-133k€-696k▼
Contributions10/11€6k€19k▲
Reserves13€250k€250k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€18k€18k=
Distributable reserves133€230k€230k=
Profit (loss) carried forward14€-389k€-965k▼
Amounts payable17/49€1.28M€1.15M▼
Amounts payable after more than one year17€33k€12k▼
Financial debts170/4€8k-
Other amounts payable178/9€25k€12k▼
Amounts payable within one year42/48€1.24M€1.14M▼
Current portion of amounts payable after more than one year42€33k€26k▼
Financial debts43€100k€102k▲
Credit institutions430/8€100k€102k▲
Trade debts44€816k€922k▲
Suppliers440/4€816k€922k▲
Advances received on contracts in progress46€220k-
Taxes, remuneration and social security45€66k€81k▲
Taxes450/3€26k€81k▲
Remuneration and social security454/9€40k-
Other amounts payable47/48€8k€5k▼
Income statement
Code20222023
Remuneration, social security and pensions62€385k€300k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€11k▼
Other operating charges640/8€4k€16k▲
Gross operating margin9900€251k€-237k▼
Operating profit (loss)9901€-152k€-563k▼
Financial income75/76B€484€2k▲
Recurring financial income75€484€0▼
Non-recurring financial income76B-€2k
Financial charges65/66B€8k€13k▲
Recurring financial charges65€8k€13k▲
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€-159k€-575k▼
Income taxes67/77€366€748▲
Profit (loss) for the period9904€-160k€-575k▼
Profit (loss) for the period to be appropriated9905€-160k€-575k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-389k€-965k▼
Profit (loss) brought forward from the previous period14P€-229k€-389k▼
Social balance
Average headcount (FTE)90874.83.5▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
14-11
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · INTALLPY BV KARDINAAL MERCIERLAAN 4/12, 3001 HEVERLEE · event 07-11-2024
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 86 days late
2023
31-12
Financial
Weakest financial yearnet €-575k
Net result drops to €-575k, the lowest in the series.
26-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 148 days late
2022
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €133k ▲344%
Operating result €209k, net result €133k, both a record.
31-12
Financial
Equity above €200kEq €285k ▲88%
2 profitable years in a row build equity to €285k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
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
5 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, Leuven · 1 establishment unit since 2003
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.
Kardinaal Mercierlaan 43001 LeuvenGround area
2,460 m²
Building footprint
265 m²
Volume, LiDAR
4,933 m³
2 parcels, Flanders · tallest building 24.7 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
INTALLPY BVBA
since 20032.126.436.176
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24432D0168/00H002 | Flanders | 2,123 m² | 1 · 207 m² | 24.7 m · 7 fl. |
| 24015N0036/00K004 | Flanders | 337 m² | 1 · 58 m² | 10.0 m · 3 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP ST-JORIS-WINGE 21,
3200 AARSCHOT |
07-11-2024 → present |
| Curator | THOMAS
VANDENDRIES STEENWEG OP ST-JORIS-WINGE 21,
3200 AARSCHOT |
07-11-2024 → present |
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Of 127 companies in sector 28930 we hold annual accounts for 101. 35 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2003
Fiscal year end31-12
Activities, NACEBEL
28930Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.