INTER - HOME
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 20-05-2026 PDF all 37 filings
Turnover
≈ €110,000
Estimated: probably between €66,000 and €200,000
Total assets
€668,173▼ 4.0%
2024 · €695,965
Net result
€19,148
2024 · -€10,179
Working capital
-€175,089▲ 20.7%
2024 · -€220,876
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€8,267
▲ 18.5%
2025
20182025
Net result
€19,148
2025
20182025
Equity
€208,731
▲ 10.1%
2025
20182025
Total assets
€668,173
▼ 4.0%
2025
20182025
Debt
€459,442
▼ 9.3%
2025
20182025
Working capital
-€175,089
▲ 20.7%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€35,282--€32,215▲ 8.7%-€29,703▲ 7.8%-€32,229▼ 8.5%-€45,081▼ 39.9%-€49,575▼ 10.0%-€10,150▲ 79.5%-€8,267▲ 18.5%
Net result-€49,828--€47,839▲ 4.0%-€46,021▲ 3.8%-€31,419▲ 31.7%-€45,674▼ 45.4%-€55,058▼ 20.5%-€10,179▲ 81.5%€19,148
Equity€425,772-€377,933▼ 11.2%€331,912▼ 12.2%€300,493▼ 9.5%€254,819▼ 15.2%€199,761▼ 21.6%€189,583▼ 5.1%€208,731▲ 10.1%
Total assets€848,770-€814,747▼ 4.0%€778,645▼ 4.4%€777,964▼ 0.1%€744,827▼ 4.3%€714,170▼ 4.1%€695,965▼ 2.5%€668,173▼ 4.0%
Debt€418,030-€433,925▲ 3.8%€445,922▲ 2.8%€477,470▲ 7.1%€490,007▲ 2.6%€514,408▲ 5.0%€506,382▼ 1.6%€459,442▼ 9.3%
Working capital-€51,688--€128,002▼ 148%-€154,389▼ 20.6%-€181,225▼ 17.4%-€194,323▼ 7.2%-€217,392▼ 11.9%-€220,876▼ 1.6%-€175,089▲ 20.7%
The operating result for 2025 is a loss of €8,267, smaller than the loss of €10,150 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €668,173
Fixed assets
€383,820 ▼ 6.5%
Current assets
€284,354 ▼ 0.4%
Equity and liabilities €668,173
Equity
€208,731 ▲ 10.1%
Debt
€459,442 ▼ 9.3%
Debt's share of the balance-sheet total falls from 72.8% to 68.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21,833▲
2024 · €21,449
Cash flow
€49,249▲
2024 · €21,420
Current ratio
0.62▲
2024 · 0.56
Quick ratio
0.01▼
2024 · 0.01
Debt to equity
2.20▼
2024 · 2.67
ROE
9.2%▲
2024 · -5.4%
ROA
2.9%▲
2024 · -1.5%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€459,442▼
2024 · €506,382
Income taxes
€11,476▲
2024 · €0
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €26,730 | - | - | €12,168 | €3,461 |
| Depreciation and write-downs of the year | €32,124 | €32,575 | €31,989 | €31,599 | €30,100 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,675 | €35,512 | €33,843 | €32,124 | €32,575 | €31,989 | €31,599 | €30,100 | ▼ 4.7% |
| Other operating charges640/8 | - | - | - | €5,258 | €5,364 | €4,869 | €5,304 | €5,491 | ▲ 3.5% |
| Gross operating margin9900 | €8,144 | €8,030 | €9,366 | €5,152 | -€7,142 | -€12,717 | €26,753 | €27,324 | ▲ 2.1% |
| Operating profit (loss)9901 | -€35,282 | -€32,215 | -€29,703 | -€32,229 | -€45,081 | -€49,575 | -€10,150 | -€8,267 | ▲ 18.5% |
| Financial income75/76B | - | - | - | - | €0 | €0 | €0 | €39,048 | - |
| Recurring financial income75 | - | - | €0 | - | €0 | €0 | €0 | €39,048 | - |
| Non-recurring financial income76B | - | - | - | - | - | - | - | €39,048 | - |
| Financial charges65/66B | - | - | - | - | €594 | €24 | €29 | €157 | ▲ 449% |
| Recurring financial charges65 | €16,624 | €17,702 | €18,397 | - | €594 | €24 | €29 | €157 | ▲ 449% |
| Profit (loss) for the period before taxes9903 | -€51,906 | -€49,917 | -€48,099 | -€32,229 | -€45,674 | -€49,599 | -€10,179 | €30,624 | - |
| Transfer from deferred taxes780 | - | - | - | €810 | - | - | - | - | - |
| Income taxes67/77 | - | - | - | - | - | €5,459 | €0 | €11,476 | - |
| Profit (loss) for the period9904 | -€49,828 | -€47,839 | -€46,021 | -€31,419 | -€45,674 | -€55,058 | -€10,179 | €19,148 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €1,574 | - | - | €192 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | -€45,792 | -€43,803 | -€41,985 | -€29,845 | -€45,674 | -€55,058 | -€9,986 | €19,148 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €848,770 | €814,747 | €778,645 | €777,964 | €744,827 | €714,170 | €695,965 | €668,173 | ▼ 4.0% |
| Fixed assets21/28 | €565,471 | €532,293 | €499,849 | €494,455 | €461,880 | €429,891 | €410,459 | €383,820 | ▼ 6.5% |
| Tangible fixed assets22/27 | €565,471 | €532,293 | €499,849 | €494,455 | €461,880 | €429,891 | €410,459 | €383,820 | ▼ 6.5% |
| Land and buildings22 | - | - | - | €447,665 | €425,241 | €402,817 | €392,516 | €375,007 | ▼ 4.5% |
| Plant, machinery and equipment23 | - | - | - | €2,249 | €1,115 | €566 | €453 | €340 | ▼ 25.0% |
| Other tangible fixed assets26 | - | - | - | €44,541 | €35,524 | €26,507 | €17,490 | €8,473 | ▼ 51.6% |
| Current assets29/58 | €283,299 | €282,455 | €278,796 | €283,509 | €282,947 | €284,279 | €285,505 | €284,354 | ▼ 0.4% |
| Stocks and contracts in progress3 | €278,460 | €278,460 | €278,460 | €278,460 | €278,460 | €278,460 | €278,460 | €278,460 | = |
| Stocks30/36 | - | - | - | €278,460 | €278,460 | €278,460 | €278,460 | €278,460 | = |
| Cash at bank and in hand54/58 | €430 | €121 | €337 | €233 | €74 | €1,040 | €1,771 | €1,637 | ▼ 7.5% |
| Deferred charges and accrued income490/1 | - | - | - | €4,816 | €4,414 | €4,779 | €5,275 | €4,257 | ▼ 19.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €848,770 | €814,747 | €778,645 | €777,964 | €744,827 | €714,170 | €695,965 | €668,173 | ▼ 4.0% |
| Equity10/15 | €425,772 | €377,933 | €331,912 | €300,493 | €254,819 | €199,761 | €189,583 | €208,731 | ▲ 10.1% |
| Contributions10/11 | €706,000 | €706,000 | - | €706,000 | €706,000 | €706,000 | €706,000 | €706,000 | = |
| Reserves13 | €58,950 | €54,914 | €50,877 | €49,304 | €49,304 | €49,304 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | - | - | €192 | €192 | €192 | €0 | - | - |
| Distributable reserves133 | - | - | - | €42,911 | €42,911 | €42,911 | €0 | - | - |
| Profit (loss) carried forward14 | -€339,177 | -€382,980 | -€424,965 | -€454,810 | -€500,485 | -€555,542 | -€522,617 | -€503,469 | ▲ 3.7% |
| Provisions and deferred taxes16 | €4,967 | €2,889 | €810 | - | - | - | - | - | - |
| Amounts payable17/49 | €418,030 | €433,925 | €445,922 | €477,470 | €490,007 | €514,408 | €506,382 | €459,442 | ▼ 9.3% |
| Amounts payable within one year42/48 | €334,987 | €410,457 | €433,185 | €464,733 | €477,270 | €501,671 | €506,382 | €459,442 | ▼ 9.3% |
| Financial debts43 | - | - | - | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Other loans439 | - | - | - | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Trade debts44 | €68 | €1,553 | - | - | €1,779 | - | €726 | €3,461 | ▲ 377% |
| Suppliers440/4 | - | - | - | - | €1,779 | - | €726 | €3,461 | ▲ 377% |
| Taxes, remuneration and social security45 | - | - | - | €5,459 | €5,459 | - | - | - | - |
| Taxes450/3 | - | - | - | €5,459 | €5,459 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €359,275 | €370,033 | €401,671 | €405,656 | €355,982 | ▼ 12.2% |
| Accrued charges and deferred income492/3 | - | - | - | €12,737 | €12,737 | €12,737 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€49,828 | -€47,839 | -€46,021 | -€31,419 | -€45,674 | -€55,058 | -€10,179 | €19,148 | - |
| + Depreciation and write-downs630 | €38,675 | €35,512 | €33,843 | €32,124 | €32,575 | €31,989 | €31,599 | €30,100 | ▼ 4.7% |
| Operating cash flow (approximation) | -€11,153 | -€12,327 | -€12,178 | €705 | -€13,099 | -€23,069 | €21,420 | €49,249 | ▲ 130% |
| Investment in fixed assets (approximation) | - | -€2,333 | -€1,399 | -€26,730 | €0 | €0 | -€12,168 | -€3,461 | ▲ 71.6% |
| Change in cash | - | -€309 | €215 | -€104 | -€159 | €967 | €730 | -€133 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as INTER - HOME has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
96.2%
was still going
3.5%
stopped otherwise
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of INTER - HOME itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for INTER - HOME. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-05-2026 | 2026-00115601 | |
| 31-12-2024 | micro format | 15-05-2025 | 2025-00095106 | |
| 31-12-2023 | micro format | 24-09-2024 | 2024-00479713 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00297411 | |
| 31-12-2021 | micro format | 03-08-2022 | 2022-20269303 | |
| 31-12-2020 | micro format | 06-07-2021 | 2021-31500213 | |
| 31-12-2019 | micro format | 03-09-2020 | 2020-50900364 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-52900436 | |
| 31-12-2017 | micro format | 12-09-2018 | 2018-63200230 | |
| 31-12-2016 | micro format | 23-06-2017 | 2017-20900391 |