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INTERBAS

Active
Private limited companyfounded 196957 yrs activeLesbroussartstraat 39, 1050 Elsene, BelgiumKBO/BCE: BE 0406.429.307
Summary

INTERBAS has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€148,750) and a net result of €8,232. Equity is shrinking by ~6.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€117,272total assets 2025
Equity
-€148,750
Profit
€8,232
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 53 d early0 of 3 deeds read
Why 54Capped at 59: negative equity- Negative equity -€148,750+ Size: total assets €117,272+ Founded in 1969+ Figures for FY 2025 (filed 09-12-2025)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 35% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -126.8% of total assets
Liquidity 27+19
short-term debt 225.9% · cash 21.6%
Profitability 78+21
return on assets 7.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 11-2024: 0.2% 12-2024: 0.2%▲ +25.5% vs 11-2024 01-2025: 0.6%▲ +154% vs 12-2024 02-2025: 0.6%● 0.0% vs 01-2025 03-2025: 0.6%● 0.0% vs 02-2025 04-2025: 0.6%● 0.0% vs 03-2025 05-2025: 0.6%● 0.0% vs 04-2025 06-2025: 0.6%● 0.0% vs 05-2025 07-2025: 0.6%▼ -1.0% vs 06-2025 08-2025: 0.6%● 0.0% vs 07-2025 09-2025: 0.6%▲ +3.0% vs 08-2025 10-2025: 0.6%▲ +1.3% vs 09-2025 11-2025: 0.6%▲ +0.6% vs 10-2025 12-2025: 0.7%▲ +14.9% vs 11-2025highest value 01-2026: 0.1%▼ -80.1% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%▼ -0.7% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%▼ -0.7% vs 09-2026lowest value
  • Size: total assets €117,272 lowers the probability for this profile
  • Founded in 1969 lowers the probability for this profile
  • Negative equity -€148,750 raises the probability
  • Figures for FY 2025 (filed 09-12-2025) lowers the probability
No credit on open account
Liquidity short (current ratio 0.1 against 0.03 in 2024; short-term debt: 225.9% and cash: 21.6% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 15%, profitability 60%, growth against the median 61%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €117,272
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1969
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity -€148,750
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 09-12-2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-12-2025, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
45 d early
2023
43 d early
2022
33 d early
2021
31 d early
2020
32 d early
2019
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 38 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 19 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close05-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €8,232
  3. Annual accounts filedfiscal year 2024 · micro…

Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8,232
2024 · -€10,140
Working capital
-€238,307▲ 7.4%
2024 · -€257,249
Trend over the years

2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years

The operating result returns to profit in 2025: €8,277 after a loss of €10,095 in 2024, the highest result in the available series.

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

Operating result€8,277 2025 Net result€8,232 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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€15,475--€16,040▼ 3.7%-€15,782▲ 1.6%-€14,910▲ 5.5%€3,611-€10,095€8,277
Net result-€15,583--€16,079▼ 3.2%-€15,795▲ 1.8%-€14,955▲ 5.3%€3,566-€10,140€8,232
Equity-€103,579--€119,658▼ 15.5%-€135,453▼ 13.2%-€150,408▼ 11.0%-€146,842▲ 2.4%-€156,982▼ 6.9%-€148,750▲ 5.2%
Total assets€150,504-€136,825▼ 9.1%€121,649▼ 11.1%€114,987▼ 5.5%€120,396▲ 4.7%€109,088▼ 9.4%€117,272▲ 7.5%
Debt€254,083-€256,483▲ 0.9%€257,102▲ 0.2%€265,395▲ 3.2%€267,238▲ 0.7%€266,070▼ 0.4%€266,022=
Working capital-€253,320--€254,468▼ 0.5%-€255,675▼ 0.5%-€256,047▼ 0.1%-€257,795▼ 0.7%-€257,249▲ 0.2%-€238,307▲ 7.4%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117,272
Fixed assets €90,622 ▼ 10.5%
Current assets €26,650 ▲ 242%
Equity and liabilities
Equity-€148,750
Debt€266,022
Equity is negative: debt (€266,022) exceeds the balance-sheet total (€117,272).
Key figures and ratios
2025 value · change against 2024
EBITDA
€18,959▲
2024 · €588
Cash flow
€18,914▲
2024 · €543
Solvency
-126.8%▲
2024 · -143.9%
Current ratio
0.10▲
2024 · 0.03
ROA
7.0%▲
2024 · -9.3%
Interest coverage
421.31▲
2024 · 13.07
Debt ≤ 1 year
€264,957=
2024 · €265,033
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
5.3% stopped otherwise
92% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,471 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 3,795 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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€109,088€117,272▲
Fixed assets21/28€101,304€90,622▼
Tangible fixed assets22/27€101,304€90,622▼
Land and buildings22€13,944€13,944=
Other tangible fixed assets26€87,360€76,678▼
Current assets29/58€7,784€26,650▲
Cash at bank and in hand54/58€6,878€25,355▲
Deferred charges and accrued income490/1€906€1,295▲
Equity and liabilities
Total equity and liabilities10/49€109,088€117,272▲
Equity10/15-€156,982-€148,750▲
Contributions10/11€18,592€18,592=
Outside capital11€18,592€18,592=
Other1109/19€18,592€18,592=
Reserves13€21,859€21,859=
Distributable reserves133€21,859€21,859=
Profit (loss) carried forward14-€197,433-€189,201▲
Amounts payable17/49€266,070€266,022=
Amounts payable within one year42/48€265,033€264,957=
Trade debts44€290€214▼
Suppliers440/4€290€214▼
Other amounts payable47/48€264,743€264,743=
Accrued charges and deferred income492/3€1,037€1,065▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,683€10,682=
Other operating charges640/8€4,618€4,802▲
Gross operating margin9900€5,206€23,761▲
Operating profit (loss)9901-€10,095€8,277▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903-€10,140€8,232▲
Profit (loss) for the period9904-€10,140€8,232▲
Profit (loss) for the period to be appropriated9905-€10,140€8,232▲
Appropriation of the result
Profit (loss) to be appropriated9906-€197,433-€189,201▲
Profit (loss) brought forward from the previous period14P-€187,293-€197,433▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,583€14,583€14,583€14,583€9,862€10,683€10,682=
Other operating charges640/8---€3,700€3,819€4,618€4,802▲ 4.0%
Gross operating margin9900€2,520€2,017€2,477€3,373€17,292€5,206€23,761▲ 356%
Operating profit (loss)9901-€15,475-€16,040-€15,782-€14,910€3,611-€10,095€8,277▲ 182%
Recurring financial income75--€33-----
Financial charges65/66B---€45€45€45€45=
Recurring financial charges65€108€39€46€45€45€45€45=
Profit (loss) for the period before taxes9903-€15,583-€16,079-€15,795-€14,955€3,566-€10,140€8,232▲ 181%
Profit (loss) for the period9904-€15,583-€16,079-€15,795-€14,955€3,566-€10,140€8,232▲ 181%
Profit (loss) for the period to be appropriated9905-€15,583-€16,079-€15,795-€14,955€3,566-€10,140€8,232▲ 181%
Line2019202020212022202320242025Change
Assets
Total assets20/58€150,504€136,825€121,649€114,987€120,396€109,088€117,272▲ 7.5%
Fixed assets21/28€150,370€135,787€121,205€106,622€111,987€101,304€90,622▼ 10.5%
Tangible fixed assets22/27€150,370€135,787€121,205€106,622€111,987€101,304€90,622▼ 10.5%
Land and buildings22---€13,944€13,944€13,944€13,944=
Other tangible fixed assets26---€92,678€98,043€87,360€76,678▼ 12.2%
Current assets29/58€134€1,038€444€8,365€8,409€7,784€26,650▲ 242%
Cash at bank and in hand54/58€134€1,038€444€8,365€7,243€6,878€25,355▲ 269%
Deferred charges and accrued income490/1----€1,166€906€1,295▲ 42.9%
Equity and liabilities
Total equity and liabilities10/49€150,504€136,825€121,649€114,987€120,396€109,088€117,272▲ 7.5%
Equity10/15-€103,579-€119,658-€135,453-€150,408-€146,842-€156,982-€148,750▲ 5.2%
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592€18,592=
Outside capital11---€18,592€18,592€18,592€18,592=
Other1109/19---€18,592€18,592€18,592€18,592=
Reserves13€21,859€21,859€21,859€21,859€21,859€21,859€21,859=
Non-distributable reserves130/1---€1,859€1,859---
Legal reserve130---€1,859----
Reserves not available under the articles1311----€1,859---
Distributable reserves133---€20,000€20,000€21,859€21,859=
Profit (loss) carried forward14-€144,030-€160,109-€175,904-€190,859-€187,293-€197,433-€189,201▲ 4.2%
Amounts payable17/49€254,083€256,483€257,102€265,395€267,238€266,070€266,022=
Amounts payable within one year42/48€253,454€255,506€256,119€264,412€266,204€265,033€264,957=
Trade debts44€193€167€652€401€2,092€290€214▼ 26.2%
Suppliers440/4---€401€2,092€290€214▼ 26.2%
Other amounts payable47/48---€264,011€264,112€264,743€264,743=
Accrued charges and deferred income492/3---€983€1,034€1,037€1,065▲ 2.7%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€15,583-€16,079-€15,795-€14,955€3,566-€10,140€8,232▲ 181%
+ Depreciation and write-downs630€14,583€14,583€14,583€14,583€9,862€10,683€10,682=
Operating cash flow (approximation)-€1,000-€1,496-€1,212-€372€13,428€543€18,914▲ 3,383%
Investment in fixed assets (approximation)-€0-€1€0-€15,227€0€0-
Change in cash-€904-€594€7,921-€1,122-€365€18,477▲ 5,162%

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

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

INTERBAS was incorporated on 26 February 1969.1 Total assets fell from €150,504 in 2019 to €117,272 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
09-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Back to profitnet €8,232
Net result €8,232 after one loss-making year.
2024
17-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
19-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Back to profitnet €3,566
Net result €3,566 after 4 loss-making years.
2022
29-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2021
31-12
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2020
30-12
NBB filing Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial Weakest financial yearnet -€16,079
Net result drops to -€16,079, the lowest in the series; recovery starts the following year.
02-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
28-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
29-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
27-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has 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 formPrivate limited company
Founded26-02-1969
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

Register as of 5 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1969
seat establishment The establishment unit on the map
Ground area
333 m²
Building footprint
315 m²
Volume, LiDAR
3,659 m³
2 parcels, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Spiraalbuisstraat 33, 1050 Elsene
NACE 5141005
since 1969unit no. 2.002.392.081
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21443C0074/00G000 Brussels 217 m² 1 · 199 m² 18.3 m · 5 fl.
21444B0010/00R010 Brussels 116 m² 1 · 116 m² 16.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.