Equity
Equity fell by 52% in 6 years.
Equity fell by 52% in 6 years.
Of this, €10.1m falls due within a year.
In 2025, 9 people joined and 2 left. On top of that, 29.3 agency workers worked there on average.
INTERCAN pays its suppliers 21 days later than in 2024. Customers pay 23 days later.
The last five annual accounts were filed 19 to 24 days before the end of the period.
Lower solvency than 88% of companies in wholesale trade. Sector median 45.2% · 6,192 companies.
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).
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).
In July 2024, 496 companies had the same profile as INTERCAN has now. Each dot is one company, two years later.
That fits the bankruptcy probability of INTERCAN itself: 0.5% within 12 months.
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.
| 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.
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.
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.
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.
| 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 |
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.
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.
Higher than 11% of 6,192 companies in 2025.
Higher than 18% of 6,112 companies in 2025.
Higher than 67% of 6,176 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: top quarter
33.3 men and 2 women in full-time equivalents in 2025.
Men €74,429, women €69,398 per full-time equivalent. Jobs differ, so this is not a pay gap.
In 2025, 9 people joined and 2 left. Agency workers: 29.3 on average.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
10.9m | 8.7m | 8.7m | 7.0m | 7.0m | 8.4m | 2.8m | 2.2m | 2.6m | 2.3m | 2.5m | 1.8m | 1.9m | 2.0m | 1.6m | 1.6m | 1.7m | 1.9m | 2.8m | 3.1m | |
21/28 |
165,028 | 166,281 | 168,541 | 179,335 | 233,156 | 307,928 | 346,310 | 392,814 | 622,380 | 821,536 | 999,865 | 1.3m | 1.5m | 600,750 | 547,609 | 350,790 | 379,374 | 519,525 | 587,944 | 614,411 | |
22/27 |
165,028 | 166,281 | 168,541 | 179,335 | 233,156 | 307,928 | 346,310 | 392,814 | 622,380 | 821,536 | 999,865 | 1.3m | 1.5m | 600,750 | 547,609 | 350,790 | 379,374 | 519,525 | 587,944 | 614,411 | |
22 |
- | - | - | - | - | - | - | - | 168,695 | 214,993 | 251,108 | 300,376 | 299,921 | 74,603 | 85,145 | 93,422 | 81,362 | 91,028 | 101,922 | 110,915 | |
23 |
163,228 | 164,274 | 166,106 | 176,263 | 224,898 | 286,651 | 311,819 | 345,109 | 436,128 | 582,038 | 707,806 | 890,787 | 1.1m | 399,730 | 436,774 | 208,464 | 210,833 | 302,083 | 365,394 | 498,336 | |
24 |
1,800 | 2,007 | 2,435 | 3,071 | 4,971 | 7,907 | 11,038 | 14,169 | 17,557 | 20,103 | 25,782 | 31,935 | 31,207 | 33,587 | 12,184 | 3,688 | 5,355 | 7,420 | 8,761 | 5,161 | |
25 |
- | - | - | - | 3,287 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
10.8m | 8.6m | 8.5m | 6.8m | 6.8m | 8.1m | 2.5m | 1.8m | 1.9m | 1.5m | 1.5m | 554,945 | 429,239 | 1.4m | 1.1m | 1.2m | 1.4m | 1.4m | 2.2m | 2.4m | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,888 | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,888 | - | - | - | |
30/31 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,888 | - | - | - | |
40/41 |
10.2m | 7.8m | 7.4m | 6.8m | 6.8m | 7.2m | 2.4m | 1.3m | 1.1m | 1.4m | 1.2m | 497,188 | 321,658 | 1.3m | 1.0m | 1.2m | 1.3m | 1.4m | 2.2m | 2.4m | |
40 |
10.1m | 7.7m | 7.3m | 6.7m | 6.7m | 6.9m | 2.0m | 519,782 | 1.0m | 256,768 | 1.2m | 468,451 | 292,203 | 1.3m | 1.0m | 1.1m | 1.2m | 1.1m | 2.0m | 2.4m | |
41 |
96,317 | 85,597 | 64,177 | 101,563 | 67,893 | 316,677 | 375,781 | 744,567 | 99,540 | 1.1m | - | 28,737 | 29,455 | 29,401 | 11,172 | 119,533 | 111,551 | 300,952 | 192,796 | 11,478 | |
54/58 |
510,017 | 728,900 | 1.2m | 49,164 | 26,097 | 865,170 | 37,952 | 539,156 | 804,064 | 103,418 | 318,552 | 49,376 | 97,759 | 12,399 | 18,783 | 32,952 | 14,407 | 7,365 | 11,691 | 12,539 | |
490/1 |
14,232 | 14,186 | 13,706 | 12,011 | 6,015 | 9,694 | 12,815 | 10,887 | 12,265 | 1,278 | 4,804 | 8,380 | 9,822 | 143,890 | 7,089 | 13,319 | 10,667 | 13,112 | - | 2,053 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
10.9m | 8.7m | 8.7m | 7.0m | 7.0m | 8.4m | 2.8m | 2.2m | 2.6m | 2.3m | 2.5m | 1.8m | 1.9m | 2.0m | 1.6m | 1.6m | 1.7m | 1.9m | 2.8m | 3.1m | |
10/15 |
812,049 | 806,170 | 799,879 | 803,657 | 799,994 | 201,142 | 1.7m | 1.4m | 1.3m | 1.2m | 1.3m | 1.2m | 1.2m | 1.2m | 1.2m | 1.1m | 986,076 | 974,319 | 986,355 | 1.5m | |
10/11 |
124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | |
10 |
124,000 | 124,000 | 124,000 | 124,000 | 124,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | 124,000 | |
13 |
673,400 | 673,400 | 673,400 | 673,400 | 673,400 | 73,400 | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 813,400 | 813,400 | 813,400 | 813,400 | 813,400 | 813,400 | 813,400 | 813,400 | 813,400 | |
130/1 |
13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | 13,400 | |
133 |
660,000 | 660,000 | 660,000 | 660,000 | 660,000 | 60,000 | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | |
14 |
14,649 | 8,770 | 2,479 | 6,257 | 2,594 | 3,742 | 454,568 | 110,897 | 7,808 | 5,123 | 15,118 | 312,452 | 250,447 | 245,353 | 222,224 | 118,790 | 48,676 | 36,919 | 48,955 | 595,188 | |
17/49 |
10.1m | 7.9m | 7.9m | 6.2m | 6.2m | 8.2m | 1.1m | 852,310 | 1.3m | 1.0m | 1.3m | 581,945 | 735,246 | 865,797 | 462,949 | 537,879 | 754,341 | 973,307 | 1.8m | 1.5m | |
17 |
- | - | - | - | - | 4,083 | 13,895 | 23,601 | - | 5,245 | 11,834 | 18,264 | 72,645 | 105,662 | 72,983 | 5,874 | 73,193 | 173,711 | 236,666 | 212,917 | |
170/4 |
- | - | - | - | - | 4,083 | 13,895 | 23,601 | - | 5,245 | 11,834 | 18,264 | 72,645 | 105,662 | 72,983 | 5,874 | 73,193 | 173,711 | 236,666 | 212,917 | |
172 |
- | - | - | - | - | 4,083 | 13,895 | 23,601 | - | 5,245 | 11,834 | 18,264 | 72,645 | 105,662 | 72,983 | 5,874 | 42,776 | 82,461 | 84,583 | - | |
173 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30,417 | 91,250 | 152,083 | 212,917 | |
42/48 |
10.1m | 7.9m | 7.9m | 6.2m | 6.2m | 8.2m | 1.1m | 774,906 | 1.3m | 1.0m | 1.2m | 548,080 | 617,863 | 738,131 | 370,398 | 515,805 | 675,940 | 744,755 | 1.6m | 1.3m | |
42 |
0 | - | - | - | 4,083 | 9,812 | 9,705 | 9,599 | 5,234 | 7,120 | 11,007 | 54,380 | 63,679 | 55,581 | 33,105 | 67,318 | 100,518 | 98,143 | 87,770 | 111,633 | |
43 |
100,859 | 67,598 | 67,427 | 2.6m | 3.1m | 33,374 | 23,350 | 66,705 | 151,700 | 201,712 | - | - | - | 17,364 | - | - | - | - | - | - | |
430/8 |
100,859 | 67,598 | 67,427 | 2.6m | 3.1m | 33,374 | 23,350 | 66,705 | 151,700 | 201,712 | - | - | - | 17,364 | - | - | - | - | - | - | |
44 |
8.8m | 6.9m | 7.1m | 2.6m | 2.9m | 3.3m | 642,923 | 568,704 | 522,876 | 495,363 | 846,956 | 172,321 | 299,551 | 394,879 | 203,035 | 294,276 | 276,287 | 252,163 | 343,780 | 449,566 | |
440/4 |
8.8m | 6.9m | 7.1m | 2.6m | 2.9m | 3.3m | 642,923 | 568,704 | 522,876 | 495,363 | 846,956 | 172,321 | 299,551 | 394,879 | 203,035 | 294,276 | 276,287 | 252,163 | 343,780 | 449,566 | |
45 |
272,467 | 231,316 | 207,437 | 310,164 | 244,837 | 125,945 | 127,171 | 129,896 | 147,769 | 230,568 | 237,727 | 221,379 | 154,634 | 170,308 | 134,258 | 154,210 | 149,135 | 244,449 | 236,206 | 241,008 | |
450/3 |
53,031 | 50,000 | 35,741 | 161,505 | 121,000 | - | - | - | - | 89,163 | 118,043 | 94,709 | 1,008 | 14,600 | 5 | - | 4,686 | 43,056 | 62,439 | 78,025 | |
454/9 |
219,436 | 181,316 | 171,695 | 148,659 | 123,837 | 125,945 | 127,171 | 129,896 | 147,769 | 141,405 | 119,684 | 126,670 | 153,626 | 155,707 | 134,253 | 154,210 | 144,449 | 201,393 | 173,768 | 162,983 | |
47/48 |
905,627 | 700,000 | 517,732 | 660,189 | 1,000 | 4.7m | 277,168 | - | 487,842 | 100,000 | 150,000 | 100,000 | 100,000 | 100,000 | - | - | 150,000 | 150,000 | 900,000 | 500,000 | |
492/3 |
24,936 | 23,864 | 19,311 | 24,119 | 16,688 | 12,970 | 16,936 | 53,803 | - | - | - | 15,600 | 44,738 | 22,004 | 19,568 | 16,200 | 5,208 | 54,841 | 39,250 | 16,246 | |
| Income statement | |||||||||||||||||||||
70/76A |
44.1m | 46.2m | 48.3m | 45.6m | 37.6m | 32.4m | 5.8m | 3.7m | 4.2m | 4.1m | 3.9m | 3.9m | 4.1m | 3.7m | 3.2m | 3.3m | 3.4m | 3.7m | 3.5m | 3.8m | |
70 |
44.0m | 46.1m | 48.2m | 45.6m | 37.6m | 32.4m | 5.7m | 3.6m | 4.2m | 4.1m | 3.9m | 3.9m | 4.0m | 3.7m | 3.1m | 3.3m | 3.4m | 3.7m | 3.5m | 3.8m | |
74 |
66,698 | 17,368 | 26,568 | 13,486 | 32,430 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
- | 14,000 | - | - | - | - | - | 99,103 | - | - | - | - | - | - | 10,000 | 30,000 | 826 | - | - | - | |
60/66A |
43.0m | 45.2m | 47.6m | 44.7m | 36.8m | 31.7m | 5.3m | 3.6m | 3.6m | 3.6m | 3.6m | 3.7m | 3.9m | 3.5m | 3.0m | 3.2m | 3.2m | 3.5m | 3.0m | 2.8m | |
60 |
36.6m | 39.9m | 42.7m | 40.1m | 32.7m | 27.8m | 1.5m | 315,010 | 300,893 | 290,057 | 310,280 | 298,693 | 333,449 | 423,147 | 346,780 | 365,004 | 164,684 | 233,669 | 150,933 | 178,871 | |
600/8 |
36.6m | 39.9m | 42.7m | 40.1m | 32.7m | 27.8m | 1.5m | 315,010 | 300,893 | 290,057 | 310,280 | 298,693 | 333,449 | 423,147 | 346,780 | 362,116 | 167,571 | 233,669 | 150,933 | 178,871 | |
609 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,888 | -2,888 | - | - | - | |
61 |
3.8m | 3.0m | 2.8m | 2.7m | 2.5m | 2.4m | 2.2m | 1.6m | 1.7m | 1.6m | 1.5m | 1.4m | 1.7m | 1.5m | 1.2m | 1.4m | 1.5m | 1.7m | 1.3m | 1.3m | |
62 |
2.6m | 2.2m | 2.0m | 1.8m | 1.5m | 1.4m | 1.4m | 1.5m | 1.4m | 1.3m | 1.4m | 1.5m | 1.4m | 1.4m | 1.3m | 1.3m | 1.3m | 1.3m | 1.2m | 1.0m | |
630 |
36,997 | 47,445 | 58,086 | 70,717 | 92,778 | 110,413 | 102,548 | 112,072 | 218,405 | 331,141 | 380,047 | 465,184 | 350,343 | 135,700 | 131,444 | 118,093 | 144,440 | 170,061 | 178,130 | 196,756 | |
640/8 |
11,747 | 9,900 | 17,739 | 2,137 | 2,546 | 9,835 | 39,714 | 46,940 | 32,121 | 40,725 | 42,041 | 42,540 | 43,108 | 41,374 | 40,317 | 40,120 | 35,621 | 41,001 | 37,039 | 37,152 | |
66A |
- | - | - | - | - | - | - | - | - | - | 69,770 | - | - | - | - | - | - | - | - | - | |
9901 |
1.0m | 978,943 | 709,911 | 925,519 | 809,044 | 693,697 | 496,540 | 162,473 | 544,262 | 462,393 | 317,321 | 255,075 | 166,695 | 191,689 | 144,287 | 87,913 | 247,015 | 223,123 | 559,665 | 1.0m | |
75/76B |
0 | - | - | 664 | 10,962 | 1,234 | 0 | - | 8,077 | - | 8 | 110 | 24 | 36 | 28 | 6,847 | 90 | 460 | 7 | 27 | |
75 |
0 | - | - | 664 | 10,962 | 1,234 | 0 | - | 8,077 | - | 8 | 110 | 24 | 36 | 28 | 6,847 | 90 | 460 | 7 | 27 | |
751 |
- | - | - | - | - | - | - | - | 7,886 | - | 8 | 18 | 24 | 7 | 28 | 29 | 90 | 460 | 7 | 27 | |
752/9 |
0 | - | - | 664 | 10,962 | 1,234 | 0 | - | 191 | - | - | 92 | 0 | 29 | 0 | 6,818 | - | - | - | - | |
65/66B |
6,474 | 25,384 | 6,948 | 22,015 | 2,909 | 14,991 | 1,307 | 1,293 | 1,177 | 726 | 1,490 | 3,780 | 5,011 | 6,949 | 5,342 | 7,720 | 12,055 | 19,215 | 22,175 | 23,945 | |
65 |
6,474 | 25,384 | 6,948 | 22,015 | 2,909 | 14,991 | 1,307 | 1,293 | 1,177 | 726 | 1,490 | 3,780 | 5,011 | 6,949 | 5,342 | 7,720 | 12,055 | 19,215 | 22,175 | 23,945 | |
650 |
4,251 | 22,852 | 4,571 | 8,770 | 1,263 | 387 | 406 | 698 | 747 | 541 | 1,116 | 3,112 | 4,816 | 6,753 | 4,881 | 6,742 | 12,055 | 18,569 | 21,789 | 20,772 | |
652/9 |
2,223 | 2,532 | 2,378 | 13,245 | 1,645 | 14,605 | 900 | 595 | 430 | 185 | 374 | 668 | 195 | 196 | 461 | 979 | - | 646 | 386 | 3,173 | |
9903 |
1.0m | 953,559 | 702,963 | 904,167 | 817,097 | 679,939 | 495,233 | 161,180 | 551,162 | 461,667 | 246,070 | 251,406 | 161,708 | 184,776 | 148,973 | 117,039 | 235,876 | 204,368 | 537,497 | 980,418 | |
67/77 |
278,031 | 247,268 | 191,741 | 240,505 | 218,244 | 177,366 | 151,562 | 58,091 | 188,476 | 171,663 | 86,803 | 89,401 | 56,614 | 61,647 | 45,539 | 46,925 | 74,119 | 66,404 | 183,730 | 329,314 | |
670/3 |
278,031 | 250,000 | 196,000 | 240,505 | 221,000 | 177,366 | 151,562 | 63,000 | 200,000 | 171,663 | 86,803 | 89,401 | 86,069 | 91,048 | 50,003 | 51,206 | 74,554 | 66,843 | 183,730 | 329,314 | |
77 |
- | 2,732 | 4,259 | - | 2,756 | - | - | 4,909 | 11,524 | - | - | - | 29,455 | 29,401 | 4,465 | 4,281 | 434 | 439 | - | - | |
9904 |
725,879 | 706,291 | 511,222 | 663,663 | 598,853 | 502,574 | 343,671 | 103,089 | 362,686 | 290,004 | 159,266 | 162,005 | 105,094 | 123,129 | 103,434 | 70,114 | 161,757 | 137,964 | 353,768 | 651,105 | |
9905 |
725,879 | 706,291 | 511,222 | 663,663 | 598,853 | 502,574 | 343,671 | 103,089 | 362,686 | 290,004 | 159,266 | 162,005 | 105,094 | 123,129 | 103,434 | 70,114 | 161,757 | 137,964 | 353,768 | 651,105 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
734,649 | 708,770 | 517,479 | 666,257 | 602,594 | 957,142 | 454,568 | 110,897 | 367,808 | 305,123 | 471,718 | 412,452 | 350,447 | 345,353 | 222,224 | 118,790 | 198,676 | 186,919 | 948,955 | 1.1m | |
14P |
8,770 | 2,479 | 6,257 | 2,594 | 3,742 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | 1.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
792 |
- | - | - | - | - | 1.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 600,000 | - | - | - | - | - | 306,600 | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | 600,000 | - | - | - | - | - | 306,600 | - | - | - | - | - | - | - | - | - | |
694/7 |
720,000 | 700,000 | 515,000 | 660,000 | - | 2.0m | - | - | 360,000 | 300,000 | 150,000 | 100,000 | 100,000 | 100,000 | - | - | 150,000 | 150,000 | 900,000 | 500,000 | |
694 |
720,000 | 700,000 | 515,000 | 660,000 | - | 2.0m | - | - | 360,000 | 300,000 | 150,000 | 100,000 | 100,000 | 100,000 | - | - | 150,000 | 150,000 | 900,000 | 500,000 | |
| Social balance sheet | |||||||||||||||||||||
9087 |
35.3 | 31.1 | 28.5 | 27.9 | 26.6 | 24.6 | 24.8 | 27 | 27.2 | 27.2 | 29.1 | 32.4 | 29.9 | 28.8 | 27.6 | 29.2 | 30.1 | 31.1 | 32.3 | 32.5 | |
Men (FTE)1003 |
33.3 | 29.1 | 26.5 | 25.9 | 24.6 | 23.3 | 23.8 | 26 | 26.2 | 26.2 | 26.6 | 28.2 | 25.6 | 24.7 | - | - | - | - | - | - | |
Women (FTE)1003 |
2 | 2 | 2 | 2 | 2 | 1.3 | 1 | 1 | 1 | 1 | 2.5 | 4.2 | 4.3 | 4.1 | - | - | - | - | - | - | |
Agency workers1501 |
29.3 | 22.8 | 20.6 | 19.4 | 22.6 | 19.2 | 20.3 | 14.9 | 7.4 | 15.3 | 6.3 | 8 | 11.6 | 8.4 | 4.7 | 8.7 | 4 | 5.2 | 2 | 9.9 | |
Hours worked1013 |
53,686 | 47,949 | 43,122 | 40,522 | 38,385 | 35,373 | 37,846 | 41,710 | 39,321 | 39,117 | 41,282 | 46,956 | 45,114 | 43,158 | 42,646 | 45,002 | 45,986 | 47,981 | 48,625 | 42,778 | |
| Document | |||||||||||||||||||||
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.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 07-07-2026 | 2026-00262171 | |
| 31-12-2024 | full format | 11-07-2025 | 2025-00265860 | |
| 31-12-2023 | full format | 08-07-2024 | 2024-00231723 | |
| 31-12-2022 | full format | 12-07-2023 | 2023-00243075 | |
| 31-12-2021 | full format | 07-07-2022 | 2022-20173339 | |
| 31-12-2020 | full format | 22-06-2021 | 2021-23000369 | |
| 31-12-2019 | full format | 01-07-2020 | 2020-24700319 | |
| 31-12-2018 | full format | 17-07-2019 | 2019-34200390 | |
| 31-12-2017 | full format | 27-06-2018 | 2018-25800087 | |
| 31-12-2016 | full format | 19-07-2017 | 2017-34700577 | |
| 31-12-2015 | full format | 11-07-2016 | 2016-30900532 | |
| 31-12-2014 | full format | 29-09-2015 | 2015-62200024 | |
| 31-12-2013 | full format | 05-08-2014 | 2014-40000531 | |
| 31-12-2012 | full format | 23-07-2013 | 2013-34200538 | |
| 31-12-2011 | full format | 01-08-2012 | 2012-37100272 | |
| 31-12-2010 | full format | 15-07-2011 | 2011-30300020 | |
| 31-12-2009 | full format | 01-07-2010 | 2010-24800060 | |
| 31-12-2008 | full format | 19-06-2009 | 2009-25700164 | |
| 31-12-2007 | full format | 03-06-2008 | 2008-18400186 | |
| 31-12-2006 | full format | 23-07-2007 | 2007-47800188 | |
| 31-12-2005 | full format | 15-05-2006 | 2006-14501774 | |
| 31-12-2004 | full format | 29-04-2005 | 2005-13803101 | |
| 31-12-2003 | full format | 05-05-2004 | 2004-13304281 | |
| 31-12-2002 | full format | 21-05-2003 | 2003-15701790 | |
| 31-12-2001 | full format | 03-05-2002 | 2002-11403938 | |
| 31-12-2000 | full format | 13-04-2001 | 2001-09801926 | |
| 31-12-1999 | full format | 16-05-2000 | 2000-13402045 | |
| 31-12-1998 | full format | 15-04-1999 | 1999-07700913 | |
| 31-12-1997 | full format | 03-04-1998 | 1998-06103380 | |
| 31-12-1996 | full format | 10-04-1997 | 1997-05600330 | |
| 31-12-1995 | full format | 10-04-1996 | 1996-05702843 | |
| 31-12-1994 | full format | 11-04-1995 | 1995-05405215 | |
| 31-12-1993 | full format | 14-04-1994 | 1994-06204971 | |
| 31-12-1992 | abbreviated format | 13-04-1993 | 1993-05203228 | |
| 31-12-1991 | abbreviated format | 27-04-1992 | 1992-04604102 | |
| 31-12-1990 | abbreviated format | 03-04-1991 | 1991-03402625 | |
| 31-12-1989 | abbreviated format | 07-05-1990 | 1990-04001294 | |
| 31-12-1988 | abbreviated format | 17-04-1989 | 1989-02704934 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.0m | 1.0m | 767,998 | 996,236 | 901,822 | 804,110 | 599,088 | 274,545 | 762,668 | 793,534 | 697,368 | 720,259 | 517,039 | 327,389 | 275,732 | 206,005 | 391,455 | 393,184 | 737,795 | 1.2m | ||
| 762,876 | 753,736 | 569,308 | 734,380 | 691,631 | 612,987 | 446,219 | 215,161 | 581,091 | 621,145 | 539,314 | 627,188 | 455,438 | 258,829 | 234,879 | 188,207 | 306,197 | 308,025 | 531,897 | 847,861 | ||
| 35,743 | 57,158 | 47,292 | 16,896 | 18,006 | 72,031 | 56,044 | 57,904 | 19,250 | 152,811 | 172,830 | 248,182 | 1.2m | 188,841 | 328,264 | 89,508 | 4,289 | 101,642 | 151,663 | 38,064 | ||
| -218,883 | -421,150 | 1.1m | 23,068 | -839,074 | 827,218 | -501,204 | -264,909 | 700,646 | -215,134 | 269,176 | -48,383 | 85,360 | -6,383 | -14,169 | 18,545 | 7,041 | -4,325 | -849 | - | ||
| 671,957 | 663,753 | 650,650 | 648,441 | 583,527 | -89,733 | 1.4m | 1.0m | 629,428 | 432,832 | 271,087 | 6,864 | -188,624 | 709,669 | 704,566 | 727,475 | 685,102 | 683,346 | 674,327 | 1.1m | ||
| 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% | ||
| 1.07 | 1.08 | 1.08 | 1.10 | 1.09 | 0.99 | 2.28 | 2.34 | 1.48 | 1.42 | 1.22 | 1.01 | 0.69 | 1.96 | 2.90 | 2.41 | 2.01 | 1.92 | 1.43 | 1.88 | ||
| 1.07 | 1.08 | 1.08 | 1.10 | 1.09 | 0.99 | 2.28 | 2.34 | 1.48 | 1.42 | 1.22 | 1.01 | 0.69 | 1.96 | 2.90 | 2.41 | 2.01 | 1.92 | 1.43 | 1.88 | ||
| 12.45 | 9.84 | 9.90 | 7.72 | 7.80 | 40.60 | 0.65 | 0.63 | 1.05 | 0.83 | 1.00 | 0.47 | 0.62 | 0.73 | 0.40 | 0.51 | 0.76 | 1.00 | 1.87 | 1.00 | ||
| 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 100 | 44.91 | over 100 | over 100 | over 100 | over 100 | over 100 | over 100 | over 100 | over 100 | over 100 | over 100 | over 100 | 48.48 | 56.49 | 30.56 | 32.47 | 21.17 | 33.86 | 57.82 | ||
| 84 days | 61 days | 55 days | 53 days | 65 days | 77 days | 130 days | 53 days | 90 days | 23 days | 113 days | 44 days | 27 days | 126 days | 120 days | 119 days | 131 days | 109 days | 212 days | 233 days | ||
| 80 days | 59 days | 57 days | 22 days | 30 days | 40 days | 64 days | 110 days | 95 days | 94 days | 175 days | 38 days | 53 days | 74 days | 48 days | 61 days | 61 days | 47 days | 84 days | 108 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.
Source: 2013 accounts, page 16, filing 2014-40000531
The 2014 accounts state only “Belgische markt” in the revenue breakdown.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 38 | 31 | 31 | 28 | 26 |
| full-time | 38 | 31 | 31 | 28 | 26 |
| in full-time equivalents | 38 | 31 | 31 | 28 | 26 |
| 35.3 | 31.1 | 28.5 | 27.9 | 26.6 | |
| On a permanent contract | 38 | 31 | 31 | 28 | 26 |
| Joined | 9 | 2 | 6 | 4 | 3 |
| Left | 2 | 2 | 3 | 2 | 3 |
| Agency workers, average number | 29.3 | 22.8 | 20.6 | 19.4 | 22.6 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
The auditor is AUDIT VAN GOOLEN.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
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.
Source: parent in its own accounts, lists of holdings in the owners' accounts
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| 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 |
The network starts from the directors of INTERCAN. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| 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 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11018B0152/00D003 | 4.6 ha | 1 · 2,886 m² | 22.5 m · 5 |
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