Skip to content

INTER SYSTEMS

Active
Public limited companyfounded 1984active for 42 yearsWoudstraat 3, 3600 Genk, Belgium11 active companies are registered at this addressKBO/BCE: BE 0425.329.261
Summary

INTER SYSTEMS has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €508,928. Equity is growing by about 3.9% per year across the filed financial years. Its solvency ranks better than 63% of 2,435 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Other specialised construction activities
NACE 43990Joinery installation NACE 43320
5th oldest company in Genk, Construction sector1 site
Size
€5.1mturnover 2025
Staff
21.6 FTE
Equity
€1.7m
Profit
€508,928
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
FULMAR · 49.99%
Holdings
4
2025 accounts 31 days early2 of 12 deeds summarised
Why 91raises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1984Profit of €508,928 (financial year 2025)Equity €1.7m (52.7% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 56% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Strong
Solvency 78+4
equity 52.7% of total assets
Liquidity 38-3
short-term debt 42.3% · cash 6.8%
Profitability 79+73
return on assets 15.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,647 companies, NACE 43, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.2%▼ -0.8 percentage points vs 09-2026lowest value
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.68, compared with 1.77 in 2024, above the usual 1.5; short-term debt: 42.3% and cash: 6.8% of total assets), and 47.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 70% on solvency, 37% on liquidity, 69% on profitability and 49% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1984
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €508,928 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €1.7m (52.7% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
34 days early
2023
33 days early
2022
31 days early
2021
40 days early
2020
31 days early
2019
54 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & shares · Amendment of…Capital decrease · Capital ·…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Back to profitnet €508,928

Financials · financial year 2025, full format

Turnover
€5.1m▼ 11.2%
2024 · €5.8m
EBIT margin
9.6%▲ 16.8pp
2024 · -7.2%
Net result
€508,928
2024 · -€219,162
Working capital
€940,537▲ 1.5%
2024 · €926,812
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €493,940 after a loss of €417,936 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€5.1m 2025 Operating result€0.5m 2025 Net result€0.5m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€8.3m-€7.7m▼ 6.4%€4.7m▼ 39.1%€6.2m▲ 31.6%€6.4m▲ 3.3%€4.9m▼ 24.1%€5.8m▲ 18.9%€5.1m▼ 11.2%
Operating result-€0.4m--€0.4m▲ 4.2%-€0.1m▲ 65.4%€0.3m-€0.06m€0.4m-€0.4m€0.5m
Net result-€0.2m--€0.2m▼ 18.6%€0.06mwithin the sector's middle half€0.3mabove the sector's middle half▲ 417%-€0.1mbelow the sector's middle half€0.2mabove the sector's middle half-€0.2mbelow the sector's middle half€0.5mabove the sector's middle half
EBIT margin-4.8%--4.9%▼ 0.1pp-2.8%▲ 2.1pp5.3%▲ 8.1pp-1.0%▼ 6.3pp7.4%▲ 8.4pp-7.2%▼ 14.7pp9.6%▲ 16.8pp
Equity€1.4m-€1.2m▼ 16.6%€1.2mabove the sector's middle half▲ 4.7%€1.5mabove the sector's middle half▲ 23.0%€1.4mabove the sector's middle half▼ 7.5%€1.7mabove the sector's middle half▲ 17.4%€1.4mabove the sector's middle half▼ 13.1%€1.7mabove the sector's middle half▲ 18.6%
Total assets€5.5m-€5.4m▼ 1.1%€4.9mabove the sector's middle half▼ 8.5%€5.0mabove the sector's middle half▲ 1.4%€4.8mabove the sector's middle half▼ 4.2%€4.9mabove the sector's middle half▲ 1.9%€2.9mabove the sector's middle half▼ 40.0%€3.3mwithin the sector's middle half▲ 11.1%
Debt€3.9m-€4.1m▲ 4.5%€3.6m▼ 12.5%€3.4m▼ 6.1%€3.3m▼ 2.8%€3.1m▼ 4.8%€1.5m▼ 52.2%€1.5m▲ 3.8%
Working capital-€0.5m--€0.8m▼ 55.4%€1.3mabove the sector's middle half€1.5mabove the sector's middle half▲ 15.2%€1.2mabove the sector's middle half▼ 20.1%€1.4mabove the sector's middle half▲ 22.9%€0.9mabove the sector's middle half▼ 35.2%€0.9mwithin the sector's middle half▲ 1.5%
Solvency26.2%-22.1%▼ 4.1pp25.3%within the sector's middle half▲ 3.2pp30.7%within the sector's middle half▲ 5.4pp29.6%within the sector's middle half▼ 1.1pp34.1%within the sector's middle half▲ 4.5pp49.3%within the sector's middle half▲ 15.3pp52.7%within the sector's middle half▲ 3.3pp
Current ratio0.81-0.74▼ 0.071.45within the sector's middle half▲ 0.711.54within the sector's middle half▲ 0.091.42within the sector's middle half▼ 0.121.55within the sector's middle half▲ 0.131.77within the sector's middle half▲ 0.231.68within the sector's middle half▼ 0.09
Return on assets (ROA)-3.7%--4.4%▼ 0.7pp1.1%within the sector's middle half▲ 5.5pp5.7%within the sector's middle half▲ 4.6pp-2.4%below the sector's middle half▼ 8.1pp5.1%within the sector's middle half▲ 7.5pp-7.5%below the sector's middle half▼ 12.5pp15.6%above the sector's middle half▲ 23.1pp
Staff (FTE)30.9-30▼ 2.9%28.2above the sector's middle half▼ 6.0%26.8above the sector's middle half▼ 5.0%25above the sector's middle half▼ 6.7%21.9above the sector's middle half▼ 12.4%21.5above the sector's middle half▼ 1.8%21.6within the sector's middle half▲ 0.5%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.3m
Fixed assets €939,623 ▲ 16.1%
Current assets €2.3m ▲ 9.2%
Equity and liabilities €3.3m
Equity €1.7m ▲ 18.6%
Debt €1.5m ▲ 3.8%
Debt's share of the balance-sheet total falls from 50.7% to 47.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€518,309▲
2024 · -€389,827
Cash flow
€533,297▲
2024 · -€191,053
Quick ratio
1.42▼
2024 · 1.48
Debt to equity
0.90▼
2024 · 1.03
ROE
29.6%▲
2024 · -15.1%
Interest coverage
22.08▲
2024 · -5.73
Debt ≤ 1 year
€1.4m▲
2024 · €1.2m
Debt > 1 year
€51,065▼
2024 · €162,995
Income taxes
€922▼
2024 · €957
Staff costs
€1.4m▲
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 86 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.9m€3.3m▲
Fixed assets21/28€0.8m€0.9m▲
Intangible fixed assets21-€0.003m
Tangible fixed assets22/27€0.06m€0.1m▲
Land and buildings22€0.01m€0.01m▼
Plant, machinery and equipment23€0.02m€0.09m▲
Furniture and vehicles24€0.01m€0.02m▲
Leasing and similar rights25€0.03m€0.02m▼
Financial fixed assets28€0.7m€0.8m▲
Affiliated companies280/1€0.7m€0.7m=
Participating interests280€0.7m€0.7m=
Other financial fixed assets284/8€185€0.06m▲
Shares284€25-
Amounts receivable and cash guarantees285/8€160€0.06m▲
Current assets29/58€2.1m€2.3m▲
Stocks and contracts in progress3€0.4m€0.4m▲
Stocks30/36€0.4m€0.4m▲
Goods purchased for resale34€0.4m€0.4m▲
Amounts receivable within one year40/41€1.5m€1.7m▲
Trade receivables40€0.5m€0.6m▲
Other amounts receivable41€0.9m€1.1m▲
Cash at bank and in hand54/58€0.2m€0.2m▼
Deferred charges and accrued income490/1€0.07m€0.06m▼
Equity and liabilities
Total equity and liabilities10/49€2.9m€3.3m▲
Equity10/15€1.4m€1.7m▲
Contributions10/11€0.6m€0.6m=
Capital10€0.6m€0.6m=
Issued capital100€0.6m€0.6m=
Reserves13€0.4m€0.4m=
Non-distributable reserves130/1€0.06m€0.06m=
Legal reserve130€0.06m€0.06m=
Other1319€0.002m€0.002m=
Tax-exempt reserves132€0.002m€0.002m=
Distributable reserves133€0.3m€0.3m=
Profit (loss) carried forward14€0.5m€0.7m▲
Amounts payable17/49€1.5m€1.5m▲
Amounts payable after more than one year17€0.2m€0.05m▼
Financial debts170/4€0.2m€0.05m▼
Leasing and similar obligations172€0.009m€0.001m▼
Credit institutions173€0.2m€0.05m▼
Amounts payable within one year42/48€1.2m€1.4m▲
Current portion of amounts payable after more than one year42€0.1m€0.1m▼
Financial debts43€0.08m-
Credit institutions430/8€0.08m-
Trade debts44€0.6m€0.7m▲
Suppliers440/4€0.6m€0.7m▲
Taxes, remuneration and social security45€0.2m€0.2m▼
Taxes450/3€0.02m€0.05m▲
Remuneration and social security454/9€0.2m€0.1m▼
Other amounts payable47/48€0.1m€0.4m▲
Accrued charges and deferred income492/3€0.1m€0.1m▼
Income statement Code20242025
Operating income70/76A€5.9m€5.2m▼
Turnover70€5.8m€5.1m▼
Other operating income74€0.06m€0.08m▲
Non-recurring operating income76A€0.05m€0.007m▼
Operating charges60/66A€6.3m€4.7m▼
Goods for resale, raw materials and consumables60€4.0m€2.2m▼
Purchases600/8€1.9m€2.2m▲
Change in stocks: decrease (increase)609€2.1m-€0.007m▼
Services and other goods61€1.0m€1.1m▲
Remuneration, social security and pensions62€1.3m€1.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.02m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.01m-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.1m-
Other operating charges640/8€0.06m€0.03m▼
Non-recurring operating charges66A€0.001m€0.06m▲
Operating profit (loss)9901-€0.4m€0.5m▲
Financial income75/76B€0.3m€0.06m▼
Recurring financial income75€0.3m€0.06m▼
Income from financial fixed assets750€0.3m-
Income from current assets751€0.05m€0.06m▲
Other financial income752/9€0.001m€0.001m▼
Financial charges65/66B€0.1m€0.04m▼
Recurring financial charges65€0.1m€0.04m▼
Debt charges650€0.07m€0.02m▼
Other financial charges652/9€0.05m€0.02m▼
Profit (loss) for the period before taxes9903-€0.2m€0.5m▲
Income taxes67/77€0.001m€0.001m▼
Taxes670/3€0.001m€0.001m▼
Profit (loss) for the period9904-€0.2m€0.5m▲
Profit (loss) for the period to be appropriated9905-€0.2m€0.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.5m€1.0m▲
Profit (loss) brought forward from the previous period14P€0.7m€0.5m▼
Profit to be distributed694/7-€0.2m
Return on contributions (dividend)694-€0.2m
Social balance sheet
Average headcount (FTE)908721.521.6▲

The notes to these accounts (72 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€6.3m€6.7m€5.1m€5.9m€5.2m▼ 11.5%
Turnover70€8.3m€7.7m€4.7m€6.2m€6.4m€4.9m€5.8m€5.1m▼ 11.2%
Other operating income74---€0.1m€0.1m€0.1m€0.06m€0.08m▲ 30.2%
Non-recurring operating income76A---€0.001m€0.2m€0.1m€0.05m€0.007m▼ 87.2%
Operating charges60/66A---€6.0m€6.8m€4.7m€6.3m€4.7m▼ 25.1%
Goods for resale, raw materials and consumables60---€3.6m€4.2m€2.4m€4.0m€2.2m▼ 46.5%
Purchases600/8---€3.5m€4.2m€2.4m€1.9m€2.2m▲ 13.4%
Change in stocks: decrease (increase)609---€0.03m-€0.07m€0.04m€2.1m-€0.007m-
Services and other goods61---€0.6m€0.8m€1.0m€1.0m€1.1m▲ 8.8%
Remuneration, social security and pensions62---€1.7m€1.6m€1.3m€1.3m€1.4m▲ 4.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m€0.07m€0.06m€0.03m€0.04m€0.03m€0.02m▼ 13.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.004m€0.009m-€0.005m-€0.01m--
Provisions for liabilities and charges: additions (uses and reversals)635/8-------€0.1m--
Other operating charges640/8---€0.03m€0.1m€0.03m€0.06m€0.03m▼ 51.8%
Non-recurring operating charges66A---€185€298€2€0.001m€0.06m▲ 51×
Operating profit (loss)9901-€0.4m-€0.4m-€0.1m€0.3m-€0.06m€0.4m-€0.4m€0.5m-
Financial income75/76B---€0.03m€0.03m€0.03m€0.3m€0.06m▼ 81.3%
Recurring financial income75€0.3m€0.3m€0.3m€0.03m€0.03m€0.03m€0.3m€0.06m▼ 81.3%
Income from financial fixed assets750------€0.3m--
Income from current assets751---€0.03m€0.02m€0.03m€0.05m€0.06m▲ 18.7%
Other financial income752/9---€0.003m€0.001m€0.001m€0.001m€0.001m▼ 27.7%
Financial charges65/66B---€0.07m€0.08m€0.1m€0.1m€0.04m▼ 63.0%
Recurring financial charges65€0.07m€0.1m€0.09m€0.07m€0.08m€0.1m€0.1m€0.04m▼ 63.0%
Debt charges650€0.05m€0.05m€0.04m€0.03m€0.03m€0.06m€0.07m€0.02m▼ 65.5%
Other financial charges652/9---€0.03m€0.04m€0.08m€0.05m€0.02m▼ 59.4%
Profit (loss) for the period before taxes9903-€0.2m-€0.2m€0.06m€0.3m-€0.1m€0.2m-€0.2m€0.5m-
Income taxes67/77€0.006m€0.004m€0.002m€0.002m€0.002m€0.001m€0.001m€0.001m▼ 3.7%
Taxes670/3---€0.002m€0.002m€0.001m€0.001m€0.001m▼ 3.7%
Profit (loss) for the period9904-€0.2m-€0.2m€0.06m€0.3m-€0.1m€0.2m-€0.2m€0.5m-
Profit (loss) for the period to be appropriated9905-€0.2m-€0.2m€0.06m€0.3m-€0.1m€0.2m-€0.2m€0.5m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€5.5m€5.4m€4.9m€5.0m€4.8m€4.9m€2.9m€3.3m▲ 11.1%
Fixed assets21/28€3.2m€3.1m€0.9m€0.9m€0.8m€0.8m€0.8m€0.9m▲ 16.1%
Intangible fixed assets21€0.004m€0.001m-----€0.003m-
Tangible fixed assets22/27€2.4m€2.3m€0.1m€0.09m€0.09m€0.08m€0.06m€0.1m▲ 110%
Land and buildings22---€0.01m€0.01m€0.01m€0.01m€0.01m▼ 7.8%
Plant, machinery and equipment23---€0.02m€0.03m€0.02m€0.02m€0.09m▲ 432%
Furniture and vehicles24---€0.02m€0.02m€0.01m€0.01m€0.02m▲ 80.8%
Leasing and similar rights25---€0.04m€0.02m€0.04m€0.03m€0.02m▼ 32.4%
Financial fixed assets28€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m€0.7m€0.8m▲ 7.7%
Affiliated companies280/1---€0.7m€0.7m€0.7m€0.7m€0.7m=
Participating interests280---€0.7m€0.7m€0.7m€0.7m€0.7m=
Other financial fixed assets284/8---€0.02m€0.02m€0.02m€185€0.06m▲ 313×
Shares284---€175€175€175€25--
Amounts receivable and cash guarantees285/8---€0.02m€0.02m€0.02m€160€0.06m▲ 362×
Current assets29/58€2.3m€2.3m€4.1m€4.2m€4.0m€4.0m€2.1m€2.3m▲ 9.2%
Stocks and contracts in progress3€0.5m€0.4m€2.5m€2.5m€2.5m€2.5m€0.4m€0.4m▲ 2.1%
Stocks30/36---€2.5m€2.5m€2.5m€0.4m€0.4m▲ 2.1%
Goods purchased for resale34---€0.3m€0.4m€0.4m€0.4m€0.4m▲ 2.1%
Property held for sale35---€2.1m€2.1m€2.1m---
Amounts receivable within one year40/41€1.5m€1.7m€1.5m€1.4m€1.3m€1.3m€1.5m€1.7m▲ 15.2%
Trade receivables40---€1.0m€0.8m€0.6m€0.5m€0.6m▲ 3.5%
Other amounts receivable41---€0.5m€0.5m€0.7m€0.9m€1.1m▲ 22.2%
Cash at bank and in hand54/58€0.2m€0.2m€0.04m€0.2m€0.07m€0.2m€0.2m€0.2m▼ 10.2%
Deferred charges and accrued income490/1---€0.05m€0.06m€0.07m€0.07m€0.06m▼ 15.1%
Equity and liabilities
Total equity and liabilities10/49€5.5m€5.4m€4.9m€5.0m€4.8m€4.9m€2.9m€3.3m▲ 11.1%
Equity10/15€1.4m€1.2m€1.2m€1.5m€1.4m€1.7m€1.4m€1.7m▲ 18.6%
Contributions10/11€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Capital10---€0.6m€0.6m€0.6m€0.6m€0.6m=
Issued capital100---€0.6m€0.6m€0.6m€0.6m€0.6m=
Reserves13€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m=
Non-distributable reserves130/1---€0.06m€0.06m€0.06m€0.06m€0.06m=
Legal reserve130---€0.06m€0.06m€0.06m€0.06m€0.06m=
Other1319---€0.002m€0.002m€0.002m€0.002m€0.002m=
Tax-exempt reserves132---€0.002m€0.002m€0.002m€0.002m€0.002m=
Distributable reserves133---€0.3m€0.3m€0.3m€0.3m€0.3m=
Profit (loss) carried forward14€0.4m€0.2m€0.3m€0.5m€0.4m€0.7m€0.5m€0.7m▲ 59.3%
Provisions and deferred taxes16€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m---
Provisions for liabilities and charges160/5---€0.1m€0.1m€0.1m---
Other liabilities and charges164/5---€0.1m€0.1m€0.1m---
Amounts payable17/49€3.9m€4.1m€3.6m€3.4m€3.3m€3.1m€1.5m€1.5m▲ 3.8%
Amounts payable after more than one year17€1.1m€0.9m€0.7m€0.6m€0.4m€0.4m€0.2m€0.05m▼ 68.7%
Financial debts170/4---€0.6m€0.4m€0.4m€0.2m€0.05m▼ 68.7%
Subordinated loans170-----€0.1m---
Leasing and similar obligations172---€0.02m€0.001m€0.02m€0.009m€0.001m▼ 92.1%
Credit institutions173---€0.6m€0.4m€0.3m€0.2m€0.05m▼ 67.3%
Amounts payable within one year42/48€2.8m€3.1m€2.8m€2.7m€2.8m€2.6m€1.2m€1.4m▲ 15.1%
Current portion of amounts payable after more than one year42---€0.1m€0.1m€0.1m€0.1m€0.1m▼ 23.1%
Financial debts43---€0.5m€0.5m€0.8m€0.08m--
Credit institutions430/8---€0.5m€0.5m€0.8m€0.08m--
Trade debts44€1.8m€1.6m€1.2m€1.2m€1.1m€0.9m€0.6m€0.7m▲ 11.7%
Suppliers440/4---€1.2m€1.1m€0.9m€0.6m€0.7m▲ 11.7%
Taxes, remuneration and social security45---€0.9m€0.8m€0.4m€0.2m€0.2m▼ 12.4%
Taxes450/3---€0.09m€0.09m€0.1m€0.02m€0.05m▲ 178%
Remuneration and social security454/9---€0.8m€0.8m€0.3m€0.2m€0.1m▼ 28.5%
Other amounts payable47/48---€0.001m€0.2m€0.4m€0.1m€0.4m▲ 179%
Accrued charges and deferred income492/3---€0.09m€0.05m€0.09m€0.1m€0.1m▼ 10.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€0.2m-€0.2m€0.06m€0.3m-€0.1m€0.2m-€0.2m€0.5m-
+ Depreciation and write-downs630€0.2m€0.2m€0.07m€0.06m€0.03m€0.04m€0.03m€0.02m▼ 13.3%
Operating cash flow (approximation)-€0.01m-€0.05m€0.1m€0.3m-€0.08m€0.3m-€0.2m€0.5m-
Investment in fixed assets (approximation)--€0.1m€2.2m-€0.03m-€0.03m-€0.04m€0.007m-€0.2m-
Change in cash--€0.03m-€0.1m€0.2m-€0.1m€0.1m€0.06m-€0.03m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 42 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 30-06-2026 2026-00228469
31-12-2024 full format 27-06-2025 2025-00201722
31-12-2023 full format 28-06-2024 2024-00198587
31-12-2022 full format 30-06-2023 2023-00190496
31-12-2021 full format 21-06-2022 2022-20082041
31-12-2020 full format 30-06-2021 2021-27800456
31-12-2019 full format 23-09-2020 2020-55000155
31-12-2018 full format 18-07-2019 2019-34300233
31-12-2017 full format 31-08-2018 2018-57200598
31-12-2016 full format 30-08-2017 2017-54200587

Show all 42 filings

Similar companies · same sector, comparable size

Of the 15,144 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,424. 2,293 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €182 awarded · €556 paid
Year Entries AwardedPaid
2025 1 €36€36
2024 1 €68€68
2023 1 €0€374
2022 1 €78€78
Schemes
4 entries · €182 · €556 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 2 of 12 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

2 owners

Owners 2

According to the 2025 annual accounts of INTER SYSTEMS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years
  1. 22-10-2026 Capital reduction of €179,100 · to €451,166.22 · “boeking op rekening courant ten voordele van de voornoemde aandeelhouders pro rata hun deelneming”

Group and network

Holdings and subsidiaries

4 holdings

Holdings 4

Source for every holding own accounts 2025

According to the 2025 annual accounts of INTER SYSTEMS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 9 February 1984, INTER SYSTEMS was incorporated.1 Turnover went from €8.3m in 2018 to €5.1m in 2025 and headcount from 30.9 to 21.6 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
22-10
Gazette deed Capital & shares · Amendment of the articles
Capital decrease · Capital · Power of attorney6 facts ▸
  • General meeting, 12-10-2026
  • Capital decrease, €179,100
  • Capital, €451,166.22
  • Amendment of the articles, 5
  • Power of attorney
  • Power of attorney, Eric GILISSEN
30-06
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Back to profitnet €508,928
Net result €508,928 after one loss-making year.
27-06
NBB filing Annual accounts filed
financial year 2024 · full format
2024
28-06
NBB filing Annual accounts filed
financial year 2023 · full format
2023
31-12
Financial Back to profitnet €247,314
Net result €247,314 after one loss-making year.
28-12
Gazette deed Purpose · Amendment of the articles
Purpose change · Capital · Registered office clause8 facts ▸
  • General meeting, 20-12-2023
  • Amendment of the articles (2 times)
  • Other provision, “TWEEDE BESLUIT – WIJZIGING VAN HET VOORWERP a) Kennisname verslag, verslag van het bestuursorgaan overeenkomstig artikel 7:154 van het Wetboek van vennootschapp…” (deed in Dutch)
  • Purpose change
  • Capital, €630,266.22
  • Other provision, “ontslagen en benoemingen, momenteel geen” (deed in Dutch)
  • Registered office clause, “Woudstraat 3 bus 1,3600 Genk” (deed in Dutch)
  • Power of attorney
30-06
NBB filing Annual accounts filed
financial year 2022 · full format
2022
21-06
NBB filing Annual accounts filed
financial year 2021 · full format
2021
30-06
NBB filing Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial Back to profitnet €55,565
Net result €55,565 after 2 loss-making years.
23-09
NBB filing Annual accounts filed
financial year 2019 · full format · 54 days late
Show earlier events
2019
31-12
Financial Weakest financial yearnet -€237,181
Net result drops to -€237,181, the lowest in the series; recovery starts the following year.
18-07
NBB filing Annual accounts filed
financial year 2018 · full format
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · full format · 31 days late
2017
30-08
NBB filing Annual accounts filed
financial year 2016 · full format · 30 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 42 annual accounts filed, the latest 10 are here; all 42 are under Financials.
2 of 12 deeds read
About the unread acts

Of the 12 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded09-02-1984
Financial year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43990Other specialised construction activities
Contact
E-mail intersystems@skynet.beGenk
E-invoicing
Reachable via Peppol
Peppol ID 0208:0425329261
Also 9925:BE0425329261
Registered 06-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0425.329.261

Recognitions · licences · registrations

Recognised contractor

2 categories
INTER SYSTEMS NVapproval no. 17732
  • D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
  • D5 General joinery, timber roof trusses and stairsclass 4, up to €1,080,000
decision 27-08-2026

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 1991
registered office establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
3,666 m²
Building volume
19,008 m³
Parcel 71302A0002/00H035, Flanders · tallest building 6.8 m. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 establishment unit
INTER SYSTEMS NV
Woudstraat 3, 3600 GenkGeneral construction of residential buildings
since 1991unit no. 2.024.023.774
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71302A0002/00H035 Flanders 1.6 ha 1 · 3,666 m² 6.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Inter Systems
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, Artikel 2. Zetel” (deed in Dutch)

deed of 28-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Tenminste helft leden aanwezig of vertegenwoordigd, meerderheid van stemmen” (deed in Dutch)

deed of 28-12-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Elke overdracht of overgang aan derden,vrijwillig en gedwongen,onder levenden en bij overlijden,ten bezwarende en kosteloze titel,in…” (deed in Dutch)

deed of 28-12-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Benoeming vereffenaars, een of meer” (deed in Dutch)
“Bevoegdheden vereffenaars, alle verrichtingen vermeld in wet” (deed in Dutch)

deed of 28-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Verhoging en vermindering van het kapitaal, algemene vergadering” (deed in Dutch)
Other provision: “Voorkeurrecht op inschrijving van kapitaal in geld, orgaan dat tot uitgifte overgaat” (deed in Dutch)
Other provision: “Opvraging van stortingen, bestuursorgaan zelfstandig mits gelijke behandeling indien niet volgestort” (deed in Dutch)
Other provision: “Aard van de aandelen, register van aandelen op naam” (deed in Dutch)
Other provision: “Aard van de andere effecten, register van effecten op naam van de categorie” (deed in Dutch)
Other provision: “Ondeelbaarheid van de aandelen, naar evenredigheid van rechten in nalatenschap” (deed in Dutch)
Other provision: “Bevoegdheden van de raad van bestuur, waarvoor volgens wet of statuten alleen algemene vergadering bevoegd is” (deed in Dutch)
Other provision: “Vergoeding van de bestuurders, of en in welke mate mandaat bezoldigd” (deed in Dutch)
Other provision: “Benoeming van één of meer commissarissen, één of meer commissarissen” (deed in Dutch)
Other provision: “Organisatie en bijeenroeping algemene vergadering, oproepingen vermelden agenda” (deed in Dutch)
Other provision: “Toelating tot algemene vergadering, woont bij bij beraadslaging op grond van door hem opgemaakt verslag” (deed in Dutch)
Other provision: “Aanwezigheidslijst, naam aandeelhouders, aantal aandelen en in voorkomend geval volmachten” (deed in Dutch)
Other provision: “Bevoegdheid algemene vergadering, oefent bevoegdheden uit die Wetboek van vennootschappen en verenigingen haar toewijst” (deed in Dutch)
Other provision: “Niet beraadslagen over niet in agenda vermelde onderwerpen, Beraadslaging algemene vergadering” (deed in Dutch)
Other provision: “Elektronische algemene vergadering” (deed in Dutch)
Other provision: “Bestuursorgaan, jaarlijkse,buitengewone,bijzondere” (deed in Dutch)
Other provision: “Vennootschapsaangelegenheden tussen vennootschap en aandeelhouders,bestuurders,gedelegeerd bestuurders,vaste…” (deed in Dutch)
Other provision: “Keuze woonplaats, woonplaats kiezen in België voor uitvoering statuten en betrekkingen” (deed in Dutch)
Other provision: “Netting-overeenkomst, netting-overeenkomst in zin wet financiële zekerheden” (deed in Dutch)
10 more provisions in the deed, see the deed of 28-12-2023

deed of 28-12-2023