Losses
Every financial year from 2020 to 2025 closed with a loss. 2021 was the heaviest.
Every financial year from 2020 to 2025 closed with a loss. 2021 was the heaviest.
Latest accounts filed late: after the legal deadline.
In July 2024, 8,613 companies had the same profile as INTER M has now. Each dot stands for 22 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 8,613 companies, not a prediction for INTER M. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
INTER M files the abbreviated format. That format states no turnover. The gross margin fell from -€777 in 2006 to -€3,070 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 918,701 | 918,701 | 918,701 | 918,701 | 945,742 | 945,742 | 947,292 | 1.5m | 1.5m | |
21/28 |
918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 2.0m | 2.0m | 2.0m | 918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 1.4m | 1.4m | |
28 |
918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 2.0m | 2.0m | 2.0m | 918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 918,701 | 1.4m | 1.4m | |
29/58 |
1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | - | - | - | - | - | - | - | 27,041 | 27,041 | 28,591 | 60,183 | 60,183 | |
40/41 |
1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | - | - | - | - | - | - | - | 42 | 42 | 1,592 | 33,184 | 33,184 | |
40 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,550 | - | - | |
41 |
1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | - | - | - | - | - | - | - | 42 | 42 | 42 | 33,184 | 33,184 | |
54/58 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 918,701 | 918,701 | 918,701 | 918,701 | 945,742 | 945,742 | 947,292 | 1.5m | 1.5m | |
10/15 |
2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 824,590 | 873,585 | 915,133 | -149,619 | -107,657 | -31,954 | -29,691 | 27,473 | 62,477 | 20,304 | 19,146 | 19,847 | |
10/11 |
30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
10 |
- | - | - | 30,987 | 30,987 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | |
101 |
- | - | - | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
11 |
30,987 | 30,987 | 30,987 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
30,987 | 30,987 | 30,987 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
12 |
- | - | - | - | - | - | - | 1.1m | 1.1m | 1.1m | - | - | - | - | - | - | - | - | - | |
14 |
2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | -293,333 | -244,338 | -202,789 | -180,606 | -138,643 | -62,941 | -60,677 | -3,514 | 31,491 | -10,683 | -11,841 | -11,140 | |
17/49 |
37,570 | 34,500 | 31,647 | 29,881 | 27,463 | 24,193 | 19,991 | 1.2m | 1.1m | 1.1m | 1.1m | 1.0m | 950,655 | 948,391 | 918,269 | 883,265 | 926,988 | 1.4m | 1.4m | |
17 |
- | - | - | - | - | - | - | - | - | 5,283 | 5,283 | 5,283 | 5,283 | 5,283 | 5,283 | 5,283 | 5,283 | 690,336 | 690,336 | |
170/4 |
- | - | - | - | - | - | - | - | - | 5,283 | 5,283 | 5,283 | 5,283 | 5,283 | 5,283 | 5,283 | 5,283 | 690,336 | 690,336 | |
42/48 |
37,570 | 34,500 | 31,647 | 29,881 | 27,463 | 24,193 | 19,991 | 1.2m | 1.1m | 1.1m | 1.1m | 1.0m | 945,218 | 942,956 | 881,312 | 877,699 | 921,566 | 756,750 | 756,183 | |
44 |
- | 0 | 2,276 | 510 | 839 | 581 | 2,106 | 205 | - | 717 | 85 | 1,109 | 1,015 | 279 | 1,203 | - | - | - | - | |
440/4 |
- | 0 | 2,276 | 510 | 839 | 581 | 2,106 | 205 | - | 717 | 85 | 1,109 | 1,015 | 279 | 1,203 | - | - | - | - | |
45 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 22,798 | 22,798 | - | - | - | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 22,798 | 22,798 | - | - | - | |
47/48 |
37,570 | 34,500 | 29,371 | 29,371 | 26,624 | 23,612 | 17,886 | 1.2m | 1.1m | 1.1m | 1.1m | 1.0m | 944,203 | 942,676 | 857,310 | 854,901 | 921,566 | 756,750 | 756,183 | |
492/3 |
- | - | - | - | - | - | - | - | 70 | 68 | 307 | 154 | 154 | 153 | 31,675 | 283 | 139 | 134 | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | 13,852 | - | - | - | - | - | - | - | - | - | |
9900 |
-3,070 | -2,853 | -1,765 | -2,316 | -3,270 | -3,589 | -3,603 | -3,645 | -1,643 | 11,702 | -1,196 | -1,109 | -1,958 | -3,689 | -3,414 | -47,989 | -470 | -701 | -777 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,689 | 3,414 | 47,989 | 470 | 701 | 777 | |
640/8 |
- | - | 0 | 102 | - | - | 906 | - | 388 | - | - | - | - | 625 | 348 | - | - | - | - | |
66A |
- | - | - | - | - | - | - | - | - | - | - | 36,650 | - | - | - | - | - | - | - | |
9901 |
-3,070 | -2,853 | -1,765 | -2,418 | -3,270 | -3,589 | -4,509 | -3,645 | -2,031 | 11,702 | -1,196 | -1,109 | -1,958 | -4,314 | -3,761 | -47,989 | -470 | -701 | -777 | |
75/76B |
- | - | - | - | - | 4,175 | 1.1m | - | - | - | - | - | - | - | - | 536,330 | 1,000 | - | - | |
75 |
- | - | - | - | - | 4,175 | 1.1m | - | - | - | - | - | - | - | - | 536,330 | 1,000 | - | - | |
65/66B |
- | - | - | - | - | 613 | 483 | 45,349 | 39,518 | 33,886 | 40,766 | 37,943 | 306 | 37,344 | 31,243 | 423,370 | - | - | - | |
65 |
- | - | - | - | - | 613 | 483 | 45,349 | 39,518 | 33,886 | 40,766 | 37,943 | 306 | 37,344 | 31,243 | 423,370 | - | - | - | |
9903 |
-3,070 | -2,853 | -1,765 | -2,418 | -3,270 | -27 | 1.1m | -48,995 | -41,549 | -22,183 | -41,963 | -75,703 | -2,263 | -41,658 | -35,004 | 64,971 | 530 | -701 | -777 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 15,505 | - | 22,798 | - | - | - | |
9904 |
-3,070 | -2,853 | -1,765 | -2,418 | -3,270 | -27 | 1.1m | -48,995 | -41,549 | -22,183 | -41,963 | -75,703 | -2,263 | -57,164 | -35,004 | 42,173 | 530 | -701 | -777 | |
9905 |
-3,070 | -2,853 | -1,765 | -2,418 | -3,270 | -27 | 1.1m | -48,995 | -41,549 | -22,183 | -41,963 | -75,703 | -2,263 | -57,164 | -35,004 | 42,173 | 530 | -701 | -777 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | 2.0m | -293,333 | -244,338 | -202,789 | -180,606 | -138,643 | -62,941 | -60,677 | -3,514 | 31,491 | -10,683 | -11,841 | -11,140 | |
14P |
2.0m | 2.0m | 2.0m | 2.0m | 2.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 7 older financial years (1997-2003) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-10-2026.
2025 annual accounts filed 90 days after the deadline. Filed on 29 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00594892.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-10-2026 | 2026-00594892 | |
| 31-12-2024 | abbreviated format | 29-09-2025 | 2025-00511929 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00436785 | |
| 31-12-2022 | abbreviated format | 30-08-2023 | 2023-00412745 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20397811 | |
| 31-12-2020 | abbreviated format | 24-11-2021 | 2021-78200564 | |
| 31-12-2019 | abbreviated format | 16-09-2020 | 2020-53800381 | |
| 31-12-2018 | abbreviated format | 26-11-2019 | 2019-74500253 | |
| 31-12-2017 | abbreviated format | 28-09-2018 | 2018-67500565 | |
| 31-12-2016 | abbreviated format | 28-09-2017 | 2017-64700259 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-54600432 | |
| 31-12-2014 | abbreviated format | 08-07-2016 | 2016-30400123 | |
| 31-12-2013 | abbreviated format | 30-12-2014 | 2014-71100304 | |
| 31-12-2012 | abbreviated format | 24-12-2013 | 2013-70000287 | |
| 31-12-2011 | abbreviated format | 21-11-2012 | 2012-64300511 | |
| 31-12-2010 | abbreviated format | 15-03-2012 | 2012-06400160 | |
| 31-12-2009 | abbreviated format | 28-06-2011 | 2011-23600368 | |
| 31-12-2007 | abbreviated format | 22-07-2008 | 2008-45000251 | |
| 31-12-2006 | abbreviated format | 28-05-2008 | 2008-17200241 | |
| 31-12-2003 | abbreviated format | 12-10-2004 | 2004-73000901 | |
| 31-12-2002 | abbreviated format | 23-03-2004 | 2004-08300599 | |
| 31-12-2001 | abbreviated format | 04-10-2002 | 2002-63201170 | |
| 31-12-2000 | abbreviated format | 10-10-2001 | 2001-63404949 | |
| 31-12-1999 | abbreviated format | 04-10-2001 | 2001-62100255 | |
| 31-12-1998 | abbreviated format | 05-10-1999 | 1999-51602384 | |
| 31-12-1997 | abbreviated format | 08-10-1999 | 1999-52501668 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | - | 0 | - | ||
| 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | - | - | - | - | - | - | - | -854,270 | -850,658 | -892,975 | -696,567 | -696,000 | ||
| 98.2% | 98.3% | 98.4% | 98.5% | 98.7% | 98.8% | 99.0% | 41.1% | 43.6% | 45.6% | -16.3% | -11.7% | -3.5% | -3.2% | 2.9% | 6.6% | 2.1% | 1.3% | 1.4% | ||
| 29.86 | 32.52 | 35.45 | 37.54 | 40.85 | 46.37 | 55.90 | - | - | - | - | - | - | - | 0.03 | 0.03 | 0.03 | 0.08 | 0.08 | ||
| 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 1.43 | 1.30 | 1.19 | - | - | - | - | 33.42 | 14.14 | 45.66 | 75.59 | 72.88 | ||
| -0.2% | -0.1% | -0.1% | -0.1% | -0.2% | 0.0% | 55.2% | -5.9% | -4.8% | -2.4% | - | - | - | - | -127.4% | 67.5% | 2.6% | -3.7% | -3.9% | ||
| -0.2% | -0.1% | -0.1% | -0.1% | -0.2% | 0.0% | 54.6% | -2.4% | -2.1% | -1.1% | -4.6% | -8.2% | -0.2% | -6.2% | -3.7% | 4.5% | 0.1% | 0.0% | -0.1% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 28 days | 129 days | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Financial fixed assets | €0 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €3,070, larger than the loss of €2,853 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total rises from 1.7% to 1.8%. Equity is lower and debt is higher.
INTER M has no parent and no holdings in its annual accounts. INTER M shares no director with another company.
| BLUE ROCK
registered office since 24-12-2014 · founded in 2014 |
total assets €21.1m (2025) 0507.782.627 |
| BRUG - BEHEER
registered office since 03-12-1990 · founded in 1990 |
total assets €20.4m (2025) 0442.268.134 |
| KMB
registered office since 26-07-2019 · founded in 2019 |
total assets €13.1m (2025) 0731.626.854 |
| LG Antwerp
registered office since 25-05-2009 · founded in 2009 |
total assets €7.0m (2025) 0811.893.166 |
| SWANLAKE CONSULTANTS
registered office since 15-10-1997 · founded in 1997 · accounts filed late |
total assets €4.7m (2025) 0461.452.655 |
| VONN REAL ESTATE
registered office since 30-01-2020 · founded in 2020 · negative equity (2025) |
total assets €4.6m (2025) 0742.690.990 |
| PELBECO
registered office since 21-10-2014 · founded in 2014 |
total assets €4.2m (2025) 0564.932.156 |
| HIM
registered office since 08-10-2009 · founded in 2009 |
total assets €4.1m (2025) 0819.411.755 |
| CADEM
registered office since 06-08-1998 · founded in 1991 |
total assets €3.6m (2025) 0445.009.769 |
| TOTAL SAFETY SUPPLY BELGIUM
registered office since 13-01-2004 · founded in 2004 |
total assets €3.2m (2025) 0862.635.153 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kapelsesteenweg 292 registered office 2930 Brasschaat 68201 Renting and operating of own or leased residential real estate, excluding social housing | 28-04-1998 | 2.086.560.169 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11322E0001/00H003 | 2,400 m² | 1 · 126 m² | 8.0 m · 2 |
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