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INTERCAN

Active Public limited companyfounded 1987active for 38 yearsGeorges Gilliotstraat 60, 2620 HemiksemKBO/BCE: BE 0432.862.696 subsidiary of CHAMPION CHEMICALS#3 company by total assets in Hemiksem, Wholesale and retail trade sector

Overview

Lifetime

20 annual accounts with figures on one time axis, 38 filings since 1988
peak €48.2m (2023)
€44.0m▼ 4.7%
peak €725,879 (2025)
€725,879▲ 2.8%
peak €1.7m (2019)
€812,049▲ 0.7%
€10.1m▲ 27.4%
peak 35.3 FTE (2025)
35.3 FTE▲ 13.5%
Board6 names since 2019
3 directorsEric Geerts and 2 others
Owners3 names in the annual accounts
Documentsfilings and deeds
07-07-202624 days before the deadline
2025financial year
Staff from 31.1 FTE to 35.3 FTEDividend €720,000Debts from €7.9m to €10.1mCash from €728,900 to €510,017

Key points

from the 2025 annual accounts

Equity

€812,049 from €1.7m in 2019

Equity fell by 52% in 6 years.

Debts

€10.1m 93% of the balance sheet
Financial debts 1%Suppliers 87%Taxes and wages 3%Other 9%

Of this, €10.1m falls due within a year.

Staff

38 employees on 31-12-2025
332021422022632023222024922025

In 2025, 9 people joined and 2 left. On top of that, 29.3 agency workers worked there on average.

Payment terms

80 days to suppliers
Suppliers
59 to 80
Customers
61 to 84

INTERCAN pays its suppliers 21 days later than in 2024. Customers pay 23 days later.

Filings

38 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 19 to 24 days before the end of the period.

Position in the sector

7.4%

Lower solvency than 88% of companies in wholesale trade. Sector median 45.2% · 6,192 companies.

Checked score

79
Excellent
Financially stronger than 24% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value 11-2026: 0.5%● unchanged vs 10-2026highest value

Financial strength
Weak

32-2equity 7.4% of total assets
6-4short-term debt 92.3% · cash 4.7%
61-1return on assets 6.6%

Score breakdown

raises risk
Equity €812,049 (7.4% of total assets)
Liquidity: current ratio 1.07, cash €510,017
Size: turnover €44.0m, 35.3 FTE, total assets €10.9m
lowers risk
Profit of €725,879 (financial year 2025)
Calculation

The band follows from the bankruptcy probability. 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 46, small). It does better than 10% of them on solvency, 5% on liquidity, 47% on profitability and 34% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 496 companies had the same profile as INTERCAN has now. Each dot is one company, two years later.

95.6%
were still trading
3.2%
stopped another way
1.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of INTERCAN itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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%

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 496 companies, not a prediction for INTERCAN. 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.

Credit verdict

Credit of up to €60,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.07 (1.08 in 2024), below the usual 1.5. Short-term debt is 92.3% and cash 4.7% of total assets. 92.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €812,049 (7.4% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.07, cash €510,017
NBB · annual accounts
lowers risk · Profit of €725,879 (financial year 2025)
NBB · annual accounts
raises risk · Size: turnover €44.0m, 35.3 FTE, total assets €10.9m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 6192 sector peers (2025).
NBB · sector comparison
Position among 6192 sector peers
Solvency
better than 11%
← weakest strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
20 days early
2023
23 days early
2022
19 days early
2021
24 days early
2020
39 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 9 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PV
Director
EG
Director
VP
Verellen Phillippe
Director, since 10-06-2025
AV
Auditor, Geert Van Goolen
Board & ownership

Recent changes

Reappointments: Philippe Verellen (director) and Eric Geerts (director) General meeting of 10-06-2025 · Gazette deed
Reappointment: AUDIT VAN GOOLEN (statutory auditor) General meeting of 04-07-2023 · Gazette deed
1 director appointed, 1 resignation Resignation: NIKEVENTURES BV (managing director) · Permanent representative: Nicolas Verellen · Appointment: Eric Geerts · General meeting of 16-09-2021 · Gazette deed
1 director appointed, 1 statutory auditor reappointed Appointment: Nikeventures BV (managing director) · Permanent representative: Nicolas Verellen · Reappointment: Geert Van Goolen (statutory auditor) · General meeting of 09-06-2020 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
INTERCAN Hemiksem €44.0m 2.3% 7.4% 35.3
De Wit Bunkering Antwerp €86.4m 0.7% 28.6% 20.8
DOCKX & COMPANY Ghent €24.5m 3.8% 80.0% 26.5
ARDECA Anzegem €47.7m 11.2% 41.2% 38.2
TALO Izegem €46.2m 0.4% 29.3% 14.6
FULL SERVICES Thuin €52.0m 1.0% 28.1% 17.5
CREALIS BELGIUM Jette €11.6m -7.5% 8.3% 21.1
-10%0%10%20%€20m€200m€2bn€20bnINTERCANEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as INTERCAN: wholesale of solid, liquid and gaseous fuels and related products (NACE 46810). They are comparable in size and age: total assets between €6.1m and €33m, founded between 1971 and 1998.

Official details

Source: KBO
Status
Active since 22-12-1987Normal situation
Registered office
14 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
Activity
Wholesale of solid, liquid and gaseous fuels and related productsNACE 46810and 1 other
Joint committees
207White-collar workers in the chemical industry
116Chemical industry · annual accounts 2025
Establishment unit
2.032.398.2402620 Hemiksem, since 05-01-1988
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€44.0m▼ 4.7%
€725,879▲ 2.8%
€812,049▲ 0.7%
€10.9m▲ 24.9%
Employeeson 31-12-2025
38▲ 22.6%
Filing
Filed on 07-07-2026, 24 days before the end of the filing period
Financials

Insights on INTERCAN

INTERCAN has existed since 1987. The present size dates from 2020. Turnover rose that year from €5.7m to €32.4m.

CHAMPION CHEMICALS holds 99% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 07-07-2026, 24 days before the deadline
€44.0m
▼ 4.7%
€1.0m
▲ 3.2%
€1.0m
▲ 2.0%
€762,876
▲ 1.2%
7.4%
▼ 1.8 percentage points
1.07
▼ 0.02

Money flows

of every €100 of turnover, €1.65 remains as profit in 2025

Balance sheet

balance sheet total €10.9m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

7.4%

Higher than 11% of 6,192 companies in 2025.

1.07

Higher than 18% of 6,112 companies in 2025.

6.6%

Higher than 67% of 6,176 companies in 2025.

INTERCAN Middle half of the sector 80% of the sector Full accounts in wholesale trade (NACE 46)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: top quarter

Staff

Men and women6% women

33.3 men and 2 women in full-time equivalents in 2025.

€74,144

Men €74,429, women €69,398 per full-time equivalent. Jobs differ, so this is not a pay gap.

+7 people

people who joined people who left

In 2025, 9 people joined and 2 left. Agency workers: 29.3 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 10.9m8.7m8.7m7.0m7.0m8.4m2.8m2.2m2.6m2.3m2.5m1.8m1.9m2.0m1.6m1.6m1.7m1.9m2.8m3.1m
21/28 165,028166,281168,541179,335233,156307,928346,310392,814622,380821,536999,8651.3m1.5m600,750547,609350,790379,374519,525587,944614,411
22/27 165,028166,281168,541179,335233,156307,928346,310392,814622,380821,536999,8651.3m1.5m600,750547,609350,790379,374519,525587,944614,411
22 --------168,695214,993251,108300,376299,92174,60385,14593,42281,36291,028101,922110,915
23 163,228164,274166,106176,263224,898286,651311,819345,109436,128582,038707,806890,7871.1m399,730436,774208,464210,833302,083365,394498,336
24 1,8002,0072,4353,0714,9717,90711,03814,16917,55720,10325,78231,93531,20733,58712,1843,6885,3557,4208,7615,161
25 ----3,287---------------
29/58 10.8m8.6m8.5m6.8m6.8m8.1m2.5m1.8m1.9m1.5m1.5m554,945429,2391.4m1.1m1.2m1.4m1.4m2.2m2.4m
3 ----------------2,888---
30/36 ----------------2,888---
30/31 ----------------2,888---
40/41 10.2m7.8m7.4m6.8m6.8m7.2m2.4m1.3m1.1m1.4m1.2m497,188321,6581.3m1.0m1.2m1.3m1.4m2.2m2.4m
40 10.1m7.7m7.3m6.7m6.7m6.9m2.0m519,7821.0m256,7681.2m468,451292,2031.3m1.0m1.1m1.2m1.1m2.0m2.4m
41 96,31785,59764,177101,56367,893316,677375,781744,56799,5401.1m-28,73729,45529,40111,172119,533111,551300,952192,79611,478
54/58 510,017728,9001.2m49,16426,097865,17037,952539,156804,064103,418318,55249,37697,75912,39918,78332,95214,4077,36511,69112,539
490/1 14,23214,18613,70612,0116,0159,69412,81510,88712,2651,2784,8048,3809,822143,8907,08913,31910,66713,112-2,053
Balance sheet: equity and liabilities
10/49 10.9m8.7m8.7m7.0m7.0m8.4m2.8m2.2m2.6m2.3m2.5m1.8m1.9m2.0m1.6m1.6m1.7m1.9m2.8m3.1m
10/15 812,049806,170799,879803,657799,994201,1421.7m1.4m1.3m1.2m1.3m1.2m1.2m1.2m1.2m1.1m986,076974,319986,3551.5m
10/11 124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000
10 124,000124,000124,000124,000124,000---------------
100 124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000124,000
13 673,400673,400673,400673,400673,40073,4001.1m1.1m1.1m1.1m1.1m813,400813,400813,400813,400813,400813,400813,400813,400813,400
130/1 13,40013,40013,40013,40013,40013,400--------------
130 13,40013,40013,40013,40013,40013,40013,40013,40013,40013,40013,40013,40013,40013,40013,40013,40013,40013,40013,40013,400
133 660,000660,000660,000660,000660,00060,0001.1m1.1m1.1m1.1m1.1m800,000800,000800,000800,000800,000800,000800,000800,000800,000
14 14,6498,7702,4796,2572,5943,742454,568110,8977,8085,12315,118312,452250,447245,353222,224118,79048,67636,91948,955595,188
17/49 10.1m7.9m7.9m6.2m6.2m8.2m1.1m852,3101.3m1.0m1.3m581,945735,246865,797462,949537,879754,341973,3071.8m1.5m
17 -----4,08313,89523,601-5,24511,83418,26472,645105,66272,9835,87473,193173,711236,666212,917
170/4 -----4,08313,89523,601-5,24511,83418,26472,645105,66272,9835,87473,193173,711236,666212,917
172 -----4,08313,89523,601-5,24511,83418,26472,645105,66272,9835,87442,77682,46184,583-
173 ----------------30,41791,250152,083212,917
42/48 10.1m7.9m7.9m6.2m6.2m8.2m1.1m774,9061.3m1.0m1.2m548,080617,863738,131370,398515,805675,940744,7551.6m1.3m
42 0---4,0839,8129,7059,5995,2347,12011,00754,38063,67955,58133,10567,318100,51898,14387,770111,633
43 100,85967,59867,4272.6m3.1m33,37423,35066,705151,700201,712---17,364------
430/8 100,85967,59867,4272.6m3.1m33,37423,35066,705151,700201,712---17,364------
44 8.8m6.9m7.1m2.6m2.9m3.3m642,923568,704522,876495,363846,956172,321299,551394,879203,035294,276276,287252,163343,780449,566
440/4 8.8m6.9m7.1m2.6m2.9m3.3m642,923568,704522,876495,363846,956172,321299,551394,879203,035294,276276,287252,163343,780449,566
45 272,467231,316207,437310,164244,837125,945127,171129,896147,769230,568237,727221,379154,634170,308134,258154,210149,135244,449236,206241,008
450/3 53,03150,00035,741161,505121,000----89,163118,04394,7091,00814,6005-4,68643,05662,43978,025
454/9 219,436181,316171,695148,659123,837125,945127,171129,896147,769141,405119,684126,670153,626155,707134,253154,210144,449201,393173,768162,983
47/48 905,627700,000517,732660,1891,0004.7m277,168-487,842100,000150,000100,000100,000100,000--150,000150,000900,000500,000
492/3 24,93623,86419,31124,11916,68812,97016,93653,803---15,60044,73822,00419,56816,2005,20854,84139,25016,246
Income statement
70/76A 44.1m46.2m48.3m45.6m37.6m32.4m5.8m3.7m4.2m4.1m3.9m3.9m4.1m3.7m3.2m3.3m3.4m3.7m3.5m3.8m
70 44.0m46.1m48.2m45.6m37.6m32.4m5.7m3.6m4.2m4.1m3.9m3.9m4.0m3.7m3.1m3.3m3.4m3.7m3.5m3.8m
74 66,69817,36826,56813,48632,430---------------
76A -14,000-----99,103------10,00030,000826---
60/66A 43.0m45.2m47.6m44.7m36.8m31.7m5.3m3.6m3.6m3.6m3.6m3.7m3.9m3.5m3.0m3.2m3.2m3.5m3.0m2.8m
60 36.6m39.9m42.7m40.1m32.7m27.8m1.5m315,010300,893290,057310,280298,693333,449423,147346,780365,004164,684233,669150,933178,871
600/8 36.6m39.9m42.7m40.1m32.7m27.8m1.5m315,010300,893290,057310,280298,693333,449423,147346,780362,116167,571233,669150,933178,871
609 ---------------2,888-2,888---
61 3.8m3.0m2.8m2.7m2.5m2.4m2.2m1.6m1.7m1.6m1.5m1.4m1.7m1.5m1.2m1.4m1.5m1.7m1.3m1.3m
62 2.6m2.2m2.0m1.8m1.5m1.4m1.4m1.5m1.4m1.3m1.4m1.5m1.4m1.4m1.3m1.3m1.3m1.3m1.2m1.0m
630 36,99747,44558,08670,71792,778110,413102,548112,072218,405331,141380,047465,184350,343135,700131,444118,093144,440170,061178,130196,756
640/8 11,7479,90017,7392,1372,5469,83539,71446,94032,12140,72542,04142,54043,10841,37440,31740,12035,62141,00137,03937,152
66A ----------69,770---------
9901 1.0m978,943709,911925,519809,044693,697496,540162,473544,262462,393317,321255,075166,695191,689144,28787,913247,015223,123559,6651.0m
75/76B 0--66410,9621,2340-8,077-81102436286,84790460727
75 0--66410,9621,2340-8,077-81102436286,84790460727
751 --------7,886-818247282990460727
752/9 0--66410,9621,2340-191--9202906,818----
65/66B 6,47425,3846,94822,0152,90914,9911,3071,2931,1777261,4903,7805,0116,9495,3427,72012,05519,21522,17523,945
65 6,47425,3846,94822,0152,90914,9911,3071,2931,1777261,4903,7805,0116,9495,3427,72012,05519,21522,17523,945
650 4,25122,8524,5718,7701,2633874066987475411,1163,1124,8166,7534,8816,74212,05518,56921,78920,772
652/9 2,2232,5322,37813,2451,64514,605900595430185374668195196461979-6463863,173
9903 1.0m953,559702,963904,167817,097679,939495,233161,180551,162461,667246,070251,406161,708184,776148,973117,039235,876204,368537,497980,418
67/77 278,031247,268191,741240,505218,244177,366151,56258,091188,476171,66386,80389,40156,61461,64745,53946,92574,11966,404183,730329,314
670/3 278,031250,000196,000240,505221,000177,366151,56263,000200,000171,66386,80389,40186,06991,04850,00351,20674,55466,843183,730329,314
77 -2,7324,259-2,756--4,90911,524---29,45529,4014,4654,281434439--
9904 725,879706,291511,222663,663598,853502,574343,671103,089362,686290,004159,266162,005105,094123,129103,43470,114161,757137,964353,768651,105
9905 725,879706,291511,222663,663598,853502,574343,671103,089362,686290,004159,266162,005105,094123,129103,43470,114161,757137,964353,768651,105
Appropriation of the result
9906 734,649708,770517,479666,257602,594957,142454,568110,897367,808305,123471,718412,452350,447345,353222,224118,790198,676186,919948,9551.1m
14P 8,7702,4796,2572,5943,742---------------
791/2 -----1.0m--------------
792 -----1.0m--------------
691/2 ----600,000-----306,600---------
6921 ----600,000-----306,600---------
694/7 720,000700,000515,000660,000-2.0m--360,000300,000150,000100,000100,000100,000--150,000150,000900,000500,000
694 720,000700,000515,000660,000-2.0m--360,000300,000150,000100,000100,000100,000--150,000150,000900,000500,000
Social balance sheet
9087 35.331.128.527.926.624.624.82727.227.229.132.429.928.827.629.230.131.132.332.5
Men (FTE)1003 33.329.126.525.924.623.323.82626.226.226.628.225.624.7------
Women (FTE)1003 222221.311112.54.24.34.1------
Agency workers1501 29.322.820.619.422.619.220.314.97.415.36.3811.68.44.78.745.229.9
Hours worked1013 53,68647,94943,12240,52238,38535,37337,84641,71039,32139,11741,28246,95645,11443,15842,64645,00245,98647,98148,62542,778
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 18 older financial years (1988-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 40 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 07-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 07-07-2026 2026-00262171 PDF
31-12-2024 full format 11-07-2025 2025-00265860 PDF
31-12-2023 full format 08-07-2024 2024-00231723 PDF
31-12-2022 full format 12-07-2023 2023-00243075 PDF
31-12-2021 full format 07-07-2022 2022-20173339 PDF
31-12-2020 full format 22-06-2021 2021-23000369 PDF
31-12-2019 full format 01-07-2020 2020-24700319 PDF
31-12-2018 full format 17-07-2019 2019-34200390 PDF
31-12-2017 full format 27-06-2018 2018-25800087 PDF
31-12-2016 full format 19-07-2017 2017-34700577 PDF
31-12-2015 full format 11-07-2016 2016-30900532 PDF
31-12-2014 full format 29-09-2015 2015-62200024 PDF
31-12-2013 full format 05-08-2014 2014-40000531 PDF
31-12-2012 full format 23-07-2013 2013-34200538 PDF
31-12-2011 full format 01-08-2012 2012-37100272 PDF
31-12-2010 full format 15-07-2011 2011-30300020 PDF
31-12-2009 full format 01-07-2010 2010-24800060 PDF
31-12-2008 full format 19-06-2009 2009-25700164 PDF
31-12-2007 full format 03-06-2008 2008-18400186 PDF
31-12-2006 full format 23-07-2007 2007-47800188 PDF
31-12-2005 full format 15-05-2006 2006-14501774 PDF
31-12-2004 full format 29-04-2005 2005-13803101 PDF
31-12-2003 full format 05-05-2004 2004-13304281 PDF
31-12-2002 full format 21-05-2003 2003-15701790 PDF
31-12-2001 full format 03-05-2002 2002-11403938 PDF
31-12-2000 full format 13-04-2001 2001-09801926 PDF
31-12-1999 full format 16-05-2000 2000-13402045 PDF
31-12-1998 full format 15-04-1999 1999-07700913 PDF
31-12-1997 full format 03-04-1998 1998-06103380 PDF
31-12-1996 full format 10-04-1997 1997-05600330 PDF
31-12-1995 full format 10-04-1996 1996-05702843 PDF
31-12-1994 full format 11-04-1995 1995-05405215 PDF
31-12-1993 full format 14-04-1994 1994-06204971 PDF
31-12-1992 abbreviated format 13-04-1993 1993-05203228 PDF
31-12-1991 abbreviated format 27-04-1992 1992-04604102 PDF
31-12-1990 abbreviated format 03-04-1991 1991-03402625 PDF
31-12-1989 abbreviated format 07-05-1990 1990-04001294 PDF
31-12-1988 abbreviated format 17-04-1989 1989-02704934 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
1.0m1.0m767,998996,236901,822804,110599,088274,545762,668793,534697,368720,259517,039327,389275,732206,005391,455393,184737,7951.2m
762,876753,736569,308734,380691,631612,987446,219215,161581,091621,145539,314627,188455,438258,829234,879188,207306,197308,025531,897847,861
35,74357,15847,29216,89618,00672,03156,04457,90419,250152,811172,830248,1821.2m188,841328,26489,5084,289101,642151,66338,064
-218,883-421,1501.1m23,068-839,074827,218-501,204-264,909700,646-215,134269,176-48,38385,360-6,383-14,16918,5457,041-4,325-849-
671,957663,753650,650648,441583,527-89,7331.4m1.0m629,428432,832271,0876,864-188,624709,669704,566727,475685,102683,346674,3271.1m
2.3%2.1%1.5%2.0%2.2%2.1%8.7%4.5%13.1%11.3%8.2%6.6%4.2%5.2%4.6%2.7%7.3%6.0%15.9%26.4%
7.4%9.2%9.2%11.5%11.4%2.4%60.5%61.4%48.8%54.6%50.0%68.2%61.8%57.7%71.5%66.3%56.7%50.0%34.9%50.0%
1.071.081.081.101.090.992.282.341.481.421.221.010.691.962.902.412.011.921.431.88
1.071.081.081.101.090.992.282.341.481.421.221.010.691.962.902.412.011.921.431.88
12.459.849.907.727.8040.600.650.631.050.831.000.470.620.730.400.510.761.001.871.00
89.4%87.6%63.9%82.6%74.9%249.9%20.2%7.6%29.0%23.2%12.6%13.0%8.8%10.4%8.9%6.6%16.4%14.2%35.9%42.5%
6.6%8.1%5.9%9.5%8.5%6.0%12.2%4.7%14.1%12.7%6.3%8.8%5.5%6.0%6.4%4.4%9.3%7.1%12.5%21.3%
over 10044.91over 100over 100over 100over 100over 100over 100over 100over 100over 100over 100over 10048.4856.4930.5632.4721.1733.8657.82
84 days61 days55 days53 days65 days77 days130 days53 days90 days23 days113 days44 days27 days126 days120 days119 days131 days109 days212 days233 days
80 days59 days57 days22 days30 days40 days64 days110 days95 days94 days175 days38 days53 days74 days48 days61 days61 days47 days84 days108 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.

Revenue breakdown

as filed

By geographic market 2013

  • Belgische markt €4,015,889100.0%

Source: 2013 accounts, page 16, filing 2014-40000531

The 2014 accounts state only “Belgische markt” in the revenue breakdown.

All years (2008 to 2013)
By geographic market200820092010201120122013
Belgische markt€3,709,262€3,391,337€3,294,740€3,148,742€3,657,429€4,015,889

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date3831312826
full-time3831312826
in full-time equivalents3831312826
35.331.128.527.926.6
On a permanent contract3831312826
Joined92643
Left22323
Agency workers, average number29.322.820.619.422.6

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€35,743€57,158€47,292€16,896€18,006
€36,997€47,445€58,086€70,717€92,778

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is AUDIT VAN GOOLEN.

Item20252024202320222021
Fee for the audit€5,700€5,500€5,050€4,560€8,892
Other work by the auditor€5,950---€2,450

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on INTERCAN

The operating result for 2025 is 3% higher than in 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total rises from 90.8% to 92.6%. Equity and debt are higher.

Board & ownership

Board

3 directors, 1 auditor, last change in 2021
Director
appointed by deed of 17-01-2020 6-year term from 2026
Director
current term since 10-03-2025 6-year term from 2026
listed in the 2025 annual accounts, filed on 07-07-2026
Verellen Phillippe
Director
since 10-06-2025 term until 10-06-2031
listed in the 2025 annual accounts, filed on 07-07-2026
Statutory auditor, permanent representative Geert Van Goolen
appointed by deed of 20-11-2024 3-year term from 2024

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today
Eric Geerts
Director
Verellen Phillippe
Director
AUDIT VAN GOOLEN
Statutory auditor
Geert Van Goolen
Statutory auditor
Nikeventures BV
Managing director
BoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • Eric Geerts
    • Director, until 12-12-2019
    • Director, appointed by deed of 29-12-2021, still in office
  • Philippe Verellen
    • Director, appointed by deed of 17-01-2020, still in office
    • Managing director, appointed by deed of 17-01-2020, last mentioned in 2020
  • Verellen Phillippe
    • Director, from 10-06-2025 to date
  • AUDIT VAN GOOLEN
    • Statutory auditor, from 13-06-2020 to date
  • Geert Van Goolen
    • Statutory auditor, from 13-06-2020 to 20-11-2024
  • Nikeventures BV
    • Managing director, appointed by deed of 13-08-2020, until 17-09-2021
    • Managing director, appointed by deed of 13-08-2020, until 17-09-2021

See the board, name and registered office on a given date →

Control

Parent
Equity €19.8m
Profit €1.9m in 2025 (profit €38.5m in 2024)
99%
This company
INTERCAN
Equity €812,049
Profit €725,879 in 2025

Capital

Capital
€124,000
Shares
1,000
Contribution per share
€124
Equity per share
€812 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
99.9% until 2013
1% until 2013
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Network & group

Group

CHAMPION CHEMICALS has 10 direct subsidiaries in 7 countries (2025 accounts), the bar shows equity in euros
ParentCHAMPION CHEMICALS10 holdings, 7 countries 2025 accounts

Belgium 4 Equity Result

Europe 5 Equity Result

  • FR Wolf Oil Corporation France99.3% €1.1m result €515,665
  • DE Champion Chemicals Gmbh €411,329 result €137,390
  • IT Wolf Oil Corporation IT €342,413 result €15,272
  • NL Wolf Oil Corporation NL €199,084 result €256,615
  • ES Wolf Oil Corporation SRL €128,165 result €42,575

Asia and Oceania 1 Equity Result

  • CN Shanghai Wolf Oil Corporation - lubricants ltd €105,799 result €1,198

Source: list of holdings in the 2025 accounts of CHAMPION CHEMICALS. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Part of the group CHAMPION CHEMICALS Group, risk and exposure

At the same address

Georges Gilliotstraat 60, 2620 Hemiksem · 13 other companies
PROVIRON CAPITAL
registered office since 01-01-1983 · founded in 1982
turnover €2.4m (2025)
0423.314.532
PROVIRON HOLDING
registered office since 24-01-2002 · founded in 2001 · group PROVIRON CAPITAL
turnover €3.7m (2025)
0476.342.947
PROVIRON INDUSTRIES
registered office since 21-12-1983 · founded in 1983 · group PROVIRON CAPITAL
35 FTE (2025)
0425.193.758
IMMOMI
registered office since 18-02-1997 · founded in 1995 · group PROVIRON CAPITAL
turnover €192,894 (2025)
0456.852.182
INDUSTRIETERREINEN DE CLUYSE
registered office since 30-09-1986 · founded in 1986 · group PROVIRON CAPITAL
total assets €6.3m (2025)
0429.400.885
PHILCOTRANS
registered office since 15-04-1993 · founded in 1993 · group CHAMPION CHEMICALS
29 FTE (2025)
0449.392.486
OILSCOPE
registered office since 02-10-1992 · founded in 1992 · group CHAMPION CHEMICALS
14 FTE (2025)
0448.260.259
PROVIPAR
registered office since 06-08-1996 · founded in 1996
total assets €580,731 (2025)
0458.522.166
PROVIRON
registered office since 01-06-2012
founded in 2012
0845.819.214
N.B.M. RAIL BV
establishment since 23-12-1997
founded in 1997
0462.087.808
and 3 more

Connections & network

3 current directors
Depth

The network starts from the directors of INTERCAN. Every other company they run is a node.

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

Timeline

Timeline

47 events since 1987

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 24 days before the deadline
Reappointments: Philippe Verellen (director) and Eric Geerts (director)General meeting of 10-06-20253 points ▸

Open the deed in the Belgian Official Gazette

2025
Highest result from 2006 to 2025 net €725,879 ▲2.8% The operating result of €1.0m and the net result of €725,879 are both a record.
Annual accounts 2024 filed PDFfull format · 20 days before the deadline
2024
Reappointment: AUDIT VAN GOOLEN (statutory auditor)General meeting of 04-07-20232 points ▸
  • General meeting, 04-07-2023
  • Auditor reappointment, AUDIT VAN GOOLEN (statutory auditor)

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFfull format · 23 days before the deadline
2023
Annual accounts 2022 filed PDFfull format · 19 days before the deadline
2022
Annual accounts 2021 filed PDFfull format · 24 days before the deadline
2021
1 director appointed, 1 resignationResignation: NIKEVENTURES BV (managing director) · Permanent representative: Nicolas Verellen · Appointment: Eric Geerts · General meeting of 16-09-20217 points ▸
  • General meeting, 16-09-2021
  • Director resignation, NIKEVENTURES BV
  • Permanent representative, Nicolas Verellen
  • Director resignation, NIKEVENTURES BV (managing director)
  • Director appointment, Eric Geerts
  • Board meeting, 16-09-2021
  • Director resignation, NIKEVENTURES BV ((lid van het) orgaan van dagelijks bestuur en gedelegeerd bestuurder)

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFfull format · 39 days before the deadline
2020
1 director appointed, 1 statutory auditor reappointedAppointment: Nikeventures BV (managing director) · Permanent representative: Nicolas Verellen · Reappointment: Geert Van Goolen (statutory auditor) · General meeting of 09-06-20204 points ▸
  • General meeting, 09-06-2020
  • Director appointment, Nikeventures BV (managing director)
  • Permanent representative, Nicolas Verellen
  • Auditor reappointment, Geert Van Goolen (statutory auditor)

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFfull format · 30 days before the deadline
New managing directorPhilippe Verellen appointed, Eric Geerts resigned · Director discharge: Eric Geerts · General meeting of 12-12-20195 points ▸

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFfull format · 14 days before the deadline
2018
Annual accounts 2017 filed PDFfull format · 34 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 12 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 20 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 60 days late
2014
Annual accounts 2013 filed PDFfull format · 5 days late
2013
Annual accounts 2012 filed PDFfull format · 8 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 1 day late
2011
Annual accounts 2010 filed PDFfull format · 16 days before the deadline
2010
Weakest financial year net €70,114 ▼56.7% The net result drops to €70,114, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2009 filed PDFfull format · 30 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 42 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 58 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 8 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
Annual accounts 1990 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1989
Annual accounts 1988 filed PDFabbreviated format
1988
First establishment INTERCAN NV, Georges Gilliotstraat 60, Hemiksem
1987
Incorporation published on 19-01-1988

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 22 December 1987, INTERCAN was incorporated.1 Turnover went from €3.6m in 2018 to €44.0m in 2025 and headcount from 27 to 35.3 full-time equivalents.2

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

Company details

Identity

Enterprise number
0432.862.696
VAT number
BE 0432.862.696
Peppol ID
0208:0432862696
Other Peppol ID
9925:BE0432862696
Legal form
Public limited company
Status
Active, normal situation
Founded
22-12-1987
Financial year
ends on 31 December
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
INTERCAN in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 207 White-collar workers in the chemical industry
JC 116 Chemical industry
Codes under NACEBEL 2008
VAT activities
46710 Wholesale trade main activity
Social security (RSZ) activities
82920 Office administrative, office support and other business support activities main activity
Codes under NACEBEL 2003
VAT activities
51510 main activity
Social security (RSZ) activities
74820 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
INTERCAN NV registered office Georges Gilliotstraat 60, 2620 Hemiksem 1920001 Manufacture of coke and refined petroleum products 05-01-1988 2.032.398.240

Buildings and parcels at the address

Ground area
4.6 ha
Buildings
2,886 m²
Volume, LiDAR
35,269 m³
Tallest building
22.5 m
Buildings to scale, each on its own parcel
2,886 m², 22.5 m 2,886 m², 22.5 m

Location

registered office establishment The establishment unit on the map
14 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11018B0152/00D0034.6 ha 1 · 2,886 m² 22.5 m · 5