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INTERALB

Active
Private limited companyfounded 200917 yrs activeRomanus Van Wassenhovestraat 9, 9900 Eeklo, BelgiumKBO/BCE: BE 0809.963.064
Summary

INTERALB has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €436,858 and a net result of €17,188. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 9497 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · fiscal year 2025, abbreviated schema

Equity
€436,858▲ 4.1%
2024 · €419,671
Total assets
€745,129▼ 12.4%
2024 · €850,466
Net result
€17,188▼ 51.7%
2024 · €35,605
Working capital
€405,642▲ 6.3%
2024 · €381,678
Trend over the years

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

The operating result falls in 2025; 2025 is 49% below 2024.

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

Operating result€0.06m 2025 Net result€0.02m 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.3m▲ 136%€0.2m▼ 51.0%€0.1m▼ 23.5%€0.3m▲ 98.8%€0.04m▼ 84.6%€0.1m▲ 180%€0.06m▼ 49.4%
Net result€0.1m-€0.2m▲ 84.5%€0.07mwithin the sector's middle half▼ 68.8%€0.06mwithin the sector's middle half▼ 14.1%€0.2mabove the sector's middle half▲ 185%-€0.04mbelow the sector's middle half€0.04mwithin the sector's middle half€0.02mwithin the sector's middle half▼ 51.7%
Equity€0.3m-€0.3m▲ 0.3%€0.3mwithin the sector's middle half▲ 3.2%€0.3mwithin the sector's middle half▲ 6.8%€0.5mwithin the sector's middle half▲ 59.0%€0.4mwithin the sector's middle half▼ 9.8%€0.4mwithin the sector's middle half▲ 2.6%€0.4mwithin the sector's middle half▲ 4.1%
Total assets€1.3m-€1.1m▼ 10.2%€1.0mwithin the sector's middle half▼ 12.5%€1.1mwithin the sector's middle half▲ 13.0%€0.9mwithin the sector's middle half▼ 16.8%€0.9mwithin the sector's middle half▼ 6.3%€0.9mwithin the sector's middle half▼ 1.9%€0.7mwithin the sector's middle half▼ 12.4%
Debt€1.0m-€0.9m▼ 12.9%€0.7m▼ 17.1%€0.8m▲ 15.2%€0.5m▼ 43.0%€0.5m▼ 2.9%€0.4m▼ 5.9%€0.3m▼ 28.4%
Working capital€0.2m-€0.2m▼ 2.3%€0.2mwithin the sector's middle half▲ 4.4%€0.2mwithin the sector's middle half▲ 27.3%€0.4mwithin the sector's middle half▲ 76.8%€0.3mwithin the sector's middle half▼ 17.3%€0.4mwithin the sector's middle half▲ 12.4%€0.4mabove the sector's middle half▲ 6.3%
Solvency20.6%-23.0%▲ 2.4pp27.1%within the sector's middle half▲ 4.1pp25.6%within the sector's middle half▼ 1.5pp49.0%within the sector's middle half▲ 23.4pp47.2%within the sector's middle half▼ 1.8pp49.3%within the sector's middle half▲ 2.2pp58.6%within the sector's middle half▲ 9.3pp
Current ratio1.21-1.24▲ 0.031.30within the sector's middle half▲ 0.071.28within the sector's middle half▼ 0.021.89within the sector's middle half▲ 0.611.74within the sector's middle half▼ 0.151.89within the sector's middle half▲ 0.142.42within the sector's middle half▲ 0.53
Return on assets (ROA)9.5%-19.6%▲ 10.1pp7.0%within the sector's middle half▼ 12.6pp5.3%within the sector's middle half▼ 1.7pp18.2%above the sector's middle half▲ 12.9pp-5.1%below the sector's middle half▼ 23.3pp4.2%within the sector's middle half▲ 9.3pp2.3%within the sector's middle half▼ 1.9pp
Staff (FTE)5.5-4.8▼ 12.7%4.8within the sector's middle half=6.5within the sector's middle half▲ 35.4%13.7above the sector's middle half▲ 111%18above the sector's middle half▲ 31.4%21.5above the sector's middle half▲ 19.4%17.2above the sector's middle half▼ 20.0%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €745,129
Fixed assets €53,429 ▲ 40.6%
Current assets €691,700 ▼ 14.9%
Equity and liabilities €745,129
Equity €436,858 ▲ 4.1%
Debt €308,271 ▼ 28.4%
Debt's share of the balance-sheet total falls from 50.7% to 41.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€69,136▼
2024 · €122,720
Cash flow
€30,795▼
2024 · €48,521
Quick ratio
2.30▲
2024 · 1.75
Debt to equity
0.71▼
2024 · 1.03
ROE
3.9%▼
2024 · 8.5%
Interest coverage
2.78▲
2024 · 1.93
Debt ≤ 1 year
€286,057▼
2024 · €430,796
Debt > 1 year
€22,213
Income taxes
€21,030▲
2024 · €18,348
Staff costs
€1.1m▼
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.4% went bankrupt
3.6% stopped otherwise
96% still going

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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% 1.0%
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% 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 6,049 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 · 59 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.9m€0.7m▼
Fixed assets21/28€0.04m€0.05m▲
Tangible fixed assets22/27€0.03m€0.04m▲
Land and buildings22€0.002m€0.001m▼
Plant, machinery and equipment23€0.01m€0.006m▼
Furniture and vehicles24€0.02m€0.04m▲
Financial fixed assets28€0.008m€0.008m=
Current assets29/58€0.8m€0.7m▼
Amounts receivable after more than one year29€0.3m€0.3m=
Other amounts receivable291€0.3m€0.3m=
Stocks and contracts in progress3€0.06m€0.03m▼
Contracts in progress37€0.06m€0.03m▼
Amounts receivable within one year40/41€0.4m€0.3m▼
Trade receivables40€0.3m€0.2m▼
Other amounts receivable41€0.1m€0.1m▼
Cash at bank and in hand54/58€0.03m€0.02m▼
Deferred charges and accrued income490/1€0.03m€0.008m▼
Equity and liabilities
Total equity and liabilities10/49€0.9m€0.7m▼
Equity10/15€0.4m€0.4m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.4m€0.4m▲
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Distributable reserves133€0.4m€0.4m▲
Profit (loss) carried forward14-€0.009m€69▲
Amounts payable17/49€0.4m€0.3m▼
Amounts payable after more than one year17-€0.02m
Financial debts170/4-€0.02m
Amounts payable within one year42/48€0.4m€0.3m▼
Current portion of amounts payable after more than one year42€0.1m€0.1m▲
Trade debts44€0.2m€0.1m▼
Suppliers440/4€0.2m€0.1m▼
Taxes, remuneration and social security45€0.07m€0.04m▼
Taxes450/3€0.06m€0.01m▼
Remuneration and social security454/9€0.01m€0.02m▲
Other amounts payable47/48€0.02m-
Income statement Code20242025
Remuneration, social security and pensions62€1.4m€1.1m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.01m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.005m-
Other operating charges640/8€0.005m€0.006m▲
Non-recurring operating charges66A€0.03m€0.04m▲
Gross operating margin9900€1.5m€1.3m▼
Operating profit (loss)9901€0.1m€0.06m▼
Financial income75/76B€0.008m€0.008m=
Recurring financial income75€0.008m€0.008m=
Financial charges65/66B€0.06m€0.02m▼
Recurring financial charges65€0.06m€0.02m▼
Profit (loss) for the period before taxes9903€0.05m€0.04m▼
Income taxes67/77€0.02m€0.02m▲
Profit (loss) for the period9904€0.04m€0.02m▼
Profit (loss) for the period to be appropriated9905€0.04m€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.009m€0.008m▲
Profit (loss) brought forward from the previous period14P-€0.04m-€0.009m▲
Transfer from equity791/2€0.03m-
Transfer to equity691/2-€0.008m
To other reserves6921-€0.008m
Profit to be distributed694/7€0.03m-
Return on contributions (dividend)694€0.03m-
Social balance
Average headcount (FTE)908721.517.2▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0.005m€0.1m----
Remuneration, social security and pensions62---€0.4m€0.8m€1.0m€1.4m€1.1m▼ 15.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.03m€0.03m€0.02m€0.02m€0.02m€0.01m€0.01m▲ 5.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.03m-€0.005m--
Other operating charges640/8---€0.01m€0.01m€0.04m€0.005m€0.006m▲ 14.5%
Non-recurring operating charges66A---€0.003m€0.003m€0.004m€0.03m€0.04m▲ 55.6%
Gross operating margin9900€0.4m€0.6m€0.4m€0.5m€1.1m€1.1m€1.5m€1.3m▼ 16.6%
Operating profit (loss)9901€0.1m€0.3m€0.2m€0.1m€0.3m€0.04m€0.1m€0.06m▼ 49.4%
Financial income75/76B---€23€0.008m€0.008m€0.008m€0.008m=
Recurring financial income75€0.02m€0.02m€0.001m€23€0.008m€0.008m€0.008m€0.008m=
Financial charges65/66B---€0.03m€0.03m€0.03m€0.06m€0.02m▼ 60.8%
Recurring financial charges65€0.02m€0.02m€0.01m€0.03m€0.03m€0.03m€0.06m€0.02m▼ 60.8%
Profit (loss) for the period before taxes9903€0.1m€0.3m€0.2m€0.1m€0.2m€0.02m€0.05m€0.04m▼ 29.2%
Income taxes67/77€0.03m€0.1m€0.09m€0.04m€0.06m€0.06m€0.02m€0.02m▲ 14.6%
Profit (loss) for the period9904€0.1m€0.2m€0.07m€0.06m€0.2m-€0.04m€0.04m€0.02m▼ 51.7%
Profit (loss) for the period to be appropriated9905€0.1m€0.2m€0.07m€0.06m€0.2m-€0.04m€0.04m€0.02m▼ 51.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.3m€1.1m€1.0m€1.1m€0.9m€0.9m€0.9m€0.7m▼ 12.4%
Fixed assets21/28€0.2m€0.2m€0.2m€0.06m€0.05m€0.07m€0.04m€0.05m▲ 40.6%
Tangible fixed assets22/27€0.2m€0.2m€0.2m€0.05m€0.05m€0.06m€0.03m€0.04m▲ 52.2%
Land and buildings22---€0.003m€0.003m€0.002m€0.002m€0.001m▼ 24.3%
Plant, machinery and equipment23---€0.02m€0.02m€0.02m€0.01m€0.006m▼ 49.5%
Furniture and vehicles24---€0.02m€0.02m€0.04m€0.02m€0.04m▲ 139%
Leasing and similar rights25---€0.006m-----
Financial fixed assets28€0.004m€0.004m€0.004m€0.009m€0.009m€0.009m€0.008m€0.008m=
Current assets29/58€1.0m€0.9m€0.8m€1.1m€0.9m€0.8m€0.8m€0.7m▼ 14.9%
Amounts receivable after more than one year29----€0.3m€0.3m€0.3m€0.3m=
Other amounts receivable291----€0.3m€0.3m€0.3m€0.3m=
Stocks and contracts in progress3€0.1m€0.05m€0.2m€0.2m€0.005m-€0.06m€0.03m▼ 39.6%
Stocks30/36---€0.005m€0.005m----
Contracts in progress37---€0.2m--€0.06m€0.03m▼ 39.6%
Amounts receivable within one year40/41€0.8m€0.8m€0.6m€0.8m€0.5m€0.4m€0.4m€0.3m▼ 17.4%
Trade receivables40---€0.4m€0.4m€0.3m€0.3m€0.2m▼ 7.2%
Other amounts receivable41---€0.4m€0.07m€0.1m€0.1m€0.1m▼ 35.5%
Cash at bank and in hand54/58€0.1m€0.03m€0.008m€0.09m€0.09m€0.03m€0.03m€0.02m▼ 26.5%
Deferred charges and accrued income490/1---€0.02m€0.03m€0.03m€0.03m€0.008m▼ 71.8%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.1m€1.0m€1.1m€0.9m€0.9m€0.9m€0.7m▼ 12.4%
Equity10/15€0.3m€0.3m€0.3m€0.3m€0.5m€0.4m€0.4m€0.4m▲ 4.1%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.2m€0.2m€0.2m€0.3m€0.4m€0.4m€0.4m€0.4m▲ 2.0%
Non-distributable reserves130/1---€0.002m-€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m-€0.002m€0.002m€0.002m=
Distributable reserves133---€0.3m€0.4m€0.4m€0.4m€0.4m▲ 2.1%
Profit (loss) carried forward14------€0.04m-€0.009m€69▲ 101%
Amounts payable17/49€1.0m€0.9m€0.7m€0.8m€0.5m€0.5m€0.4m€0.3m▼ 28.4%
Amounts payable after more than one year17€0.1m€0.1m€0.1m€0.006m€0.005m--€0.02m-
Financial debts170/4---€0.006m€0.005m--€0.02m-
Amounts payable within one year42/48€0.9m€0.7m€0.6m€0.8m€0.5m€0.5m€0.4m€0.3m▼ 33.6%
Current portion of amounts payable after more than one year42---€0.1m€0.1m€0.1m€0.1m€0.1m▲ 23.7%
Trade debts44€0.7m€0.4m€0.4m€0.6m€0.2m€0.2m€0.2m€0.1m▼ 46.4%
Suppliers440/4---€0.6m€0.2m€0.2m€0.2m€0.1m▼ 46.4%
Taxes, remuneration and social security45---€0.1m€0.1m€0.2m€0.07m€0.04m▼ 48.7%
Taxes450/3---€0.05m€0.08m€0.2m€0.06m€0.01m▼ 77.6%
Remuneration and social security454/9---€0.04m€0.04m€0.05m€0.01m€0.02m▲ 135%
Other amounts payable47/48----€0.001m-€0.02m--
Accrued charges and deferred income492/3----€0.007m€0.001m---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€119,654€220,747€68,764€59,040€168,313-€44,323€35,605€17,188▼ 51.7%
+ Depreciation and write-downs630€34,185€29,129€27,186€23,063€24,144€19,895€12,917€13,608▲ 5.4%
Operating cash flow (approximation)€153,839€249,876€95,951€82,103€192,457-€24,428€48,521€30,795▼ 36.5%
Investment in fixed assets (approximation)--€20,174-€13,301€117,721-€19,784-€36,500€19,847-€29,044▼ 246%
Change in cash--€104,177-€23,731€80,254€1,724-€57,017-€5,098-€7,253▼ 42.3%

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

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Similar companies · same sector, comparable size

Of 4,094 companies in this sector we hold annual accounts for 1,650. 1,055 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €1,925 awarded · €1,520 paid
Year Entries awardedpaid
2025 1 €1,171€766
2024 1 €754€754
Schemes
2 entries · €1,925 · €1,520 paid · Fonds voor Innoveren en Ondernemen