Inter Spice
ActiveSummary
Inter Spice has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177k and a net result of €17k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 35% of 1544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▲+14
Solvency42▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.16 in 2024; short-term debt: 83.2% and cash: 0.8% of total assets), and 83.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.8%
Return on assets
1.6%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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
2 d late
2024
6 d late
2023
on the day
2022
on the day
2021
24 d late
2020
26 d late
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€177k▲ 10.8%
2024 · €159k
2019: €128k
2020: €130k
2021: €136k
2022: €148k
2023: €156k
2024: €159k
2019 → 2025
Total assets
€1.05M▲ 5.7%
2024 · €993k
2019: €722k
2020: €742k
2021: €801k
2022: €883k
2023: €982k
2024: €993k
2019 → 2025
Net result
€17k▲ 442%
2024 · €3k
2019: €912
2020: €2k
2021: €5k
2022: €12k
2023: €8k
2024: €3k
2019 → 2025
Working capital
€154k▲ 15.3%
2024 · €133k
2019: €111k
2020: €115k
2021: €94k
2022: €113k
2023: €123k
2024: €133k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€136k-€148k▲ 9.0%€156k▲ 5.7%€159k▲ 2.0%€177k▲ 10.8%
Operating result€13k-€28k▲ 115%€19k▼ 32.0%€12k▼ 37.8%€31k▲ 161%
Net result€5k-€12k▲ 122%€8k▼ 30.5%€3k▼ 62.5%€17k▲ 442%
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 recovers in 2025; 2025 is 161% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€23k ▼ 12.5%
Current assets
€1.03M ▲ 6.2%
Equity and liabilities €1.05M
Equity
€177k ▲ 10.8%
Debt
€873k ▲ 4.7%
Debt's share of the balance-sheet total falls from 83.9% to 83.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▲
2024 · €20k
Cash flow
€22k▲
2024 · €11k
Current ratio
1.18▲
2024 · 1.16
Quick ratio
1.06▲
2024 · 0.92
Debt to equity
4.94▼
2024 · 5.23
ROE
9.7%▲
2024 · 2.0%
ROA
1.6%▲
2024 · 0.3%
Interest coverage
3.73▲
2024 · 2.21
Debt ≤ 1 year
€873k▲
2024 · €833k
Income taxes
€7k▲
2024 · €2k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€993k€1.05M▲
Fixed assets21/28€26k€23k▼
Tangible fixed assets22/27€26k€23k▼
Plant, machinery and equipment23€6k€6k▼
Other tangible fixed assets26€20k€17k▼
Current assets29/58€967k€1.03M▲
Stocks and contracts in progress3€201k€101k▼
Stocks30/36€201k€101k▼
Amounts receivable within one year40/41€720k€914k▲
Trade receivables40€613k€635k▲
Other amounts receivable41€108k€279k▲
Cash at bank and in hand54/58€44k€9k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€993k€1.05M▲
Equity10/15€159k€177k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€139k€156k▲
Amounts payable17/49€833k€873k▲
Amounts payable within one year42/48€833k€873k▲
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€440k€447k▲
Suppliers440/4€440k€447k▲
Taxes, remuneration and social security45€8k€18k▲
Taxes450/3€8k€18k▲
Other amounts payable47/48€335k€358k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-5k
Other operating charges640/8€12k€25k▲
Non-recurring operating charges66A€410€0▼
Gross operating margin9900€32k€55k▲
Operating profit (loss)9901€12k€31k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€5k€24k▲
Income taxes67/77€2k€7k▲
Profit (loss) for the period9904€3k€17k▲
Profit (loss) for the period to be appropriated9905€3k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€139k€156k▲
Profit (loss) brought forward from the previous period14P€136k€139k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Highest result since 2019net €17k ▲442%
Operating result €31k, net result €17k, both a record.
06-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €150kEq €156k ▲5.7%
5 profitable years in a row build equity to €156k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial 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, Ninove · 1 establishment unit since 2011
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.
Pamelstraat-Oost 4489400 NinoveGround area
4,215 m²
Building footprint
974 m²
Volume, LiDAR
4,555 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INTER SPICE BVBA
since 20112.194.871.656
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B0035/00S000 | Flanders | 3,966 m² | 1 · 856 m² | 8.0 m · 2 fl. |
| 41362B0285/00K005indicative | Flanders | 249 m² | 1 · 118 m² | 10.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BONRILL
BE 1005.171.507
Staden · Eq €178k
NMH & CO
BE 0895.584.370
Sint-Joost-ten-Node · Eq €180k
ONUR
BE 0843.440.734
Gent · Eq €181k
CONSERVERIE DE LA SAUVENIERE
BE 0765.298.128
Florennes · Eq €184k
FABRICATION ARDENNAISE RAUSIN
BE 0417.257.178
Durbuy · Eq €165k
Of 599 companies in sector 10111 we hold annual accounts for 329. 240 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)
Founded23-12-2010
Fiscal year end30-06
Activities, NACEBEL 2025
10111Manufacture of food products
46900Non-specialised wholesale trade
47279Other retail sale of food
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.