InterCargo
Annual accounts 2026
micro format, filed on 10-06-2026, 143 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.4m. Estimated: probably between €1.2m and €1.8m.
Balance sheet
balance sheet total €603,345 on 31-03-2026in euro
in euro
Position in the sector
12.0%
Higher than 20% of 5,940 companies in 2025.
0.84
Higher than 25% of 5,694 companies in 2025.
29.9%
Higher than 30% of 5,757 companies in 2025.
Staff
€39,759
Staff costs divided by the average number of full-time equivalents.
+6 people
In 2026, 36 people joined and 30 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
603,345 | 556,412 | 376,092 | 369,807 | 207,078 | |
21/28 |
248,106 | 304,344 | 260,656 | 175,576 | 70,414 | |
22/27 |
248,106 | 304,344 | 260,656 | 175,576 | 70,414 | |
23 |
952 | 1,877 | 2,852 | 4,098 | 1,608 | |
24 |
57,203 | 66,556 | 152,920 | 129,502 | 45,791 | |
25 |
189,952 | 235,911 | 104,885 | 41,977 | 23,015 | |
29/58 |
355,239 | 252,067 | 115,435 | 194,231 | 136,664 | |
40/41 |
320,121 | 241,701 | 111,030 | 114,036 | 87,688 | |
40 |
170,152 | 9,530 | 410 | 110,729 | 87,688 | |
41 |
149,969 | 232,171 | 110,620 | 3,307 | - | |
54/58 |
35,118 | 10,366 | 4,405 | 6,986 | 14,511 | |
490/1 |
- | - | - | 73,209 | 34,465 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
603,345 | 556,412 | 376,092 | 369,807 | 207,078 | |
10/15 |
72,415 | 37,008 | 36,242 | 31,348 | 17,659 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
13 |
70,000 | 35,000 | 35,000 | - | - | |
133 |
70,000 | 35,000 | 35,000 | - | - | |
14 |
1,415 | 1,008 | 242 | 30,348 | 16,659 | |
17/49 |
530,931 | 519,403 | 339,850 | 338,459 | 189,419 | |
17 |
108,678 | 178,994 | 114,440 | 63,921 | 34,254 | |
170/4 |
108,678 | 178,994 | 114,440 | 63,921 | 34,254 | |
42/48 |
422,253 | 340,409 | 225,410 | 274,538 | 155,165 | |
42 |
98,764 | 129,566 | 83,384 | 40,633 | 15,627 | |
43 |
- | 431 | - | - | - | |
430/8 |
- | 431 | - | - | - | |
44 |
201,128 | 30,305 | 79,382 | 122,009 | 58,147 | |
440/4 |
201,128 | 30,305 | 79,382 | 122,009 | 58,147 | |
46 |
- | 130,765 | 21,546 | 86,888 | 43,191 | |
45 |
121,322 | 49,341 | 41,098 | 21,299 | 23,521 | |
450/3 |
83,383 | 24,512 | 17,709 | 3,908 | 6,069 | |
454/9 |
37,939 | 24,830 | 23,389 | 17,391 | 17,452 | |
47/48 |
1,039 | - | - | 3,709 | 14,679 | |
| Income statement | ||||||
76A |
- | - | - | 1,211 | - | |
9900 |
634,672 | 364,219 | 262,186 | 152,665 | 82,360 | |
62 |
254,460 | 216,786 | 166,303 | 93,517 | 40,832 | |
630 |
85,820 | 73,841 | 59,182 | 33,683 | 18,701 | |
640/8 |
13,341 | 29,649 | 12,402 | 2,021 | 1,718 | |
9901 |
281,051 | 43,943 | 24,300 | 23,444 | 21,109 | |
75/76B |
108 | 2 | 938 | - | 688 | |
75 |
108 | 2 | 938 | - | 688 | |
65/66B |
20,338 | 25,079 | 13,721 | 6,259 | 2,408 | |
65 |
20,338 | 25,079 | 13,721 | 6,259 | 2,408 | |
9903 |
260,821 | 18,866 | 11,516 | 17,186 | 19,390 | |
67/77 |
80,415 | 18,099 | 6,623 | 3,497 | 2,730 | |
9904 |
180,406 | 767 | 4,894 | 13,689 | 16,659 | |
9905 |
180,406 | 767 | 4,894 | 13,689 | 16,659 | |
| Appropriation of the result | ||||||
9906 |
181,415 | 1,008 | 35,242 | 30,348 | 16,659 | |
14P |
1,008 | 242 | 30,348 | 16,659 | - | |
791/2 |
35,000 | - | - | - | - | |
691/2 |
70,000 | - | 35,000 | - | - | |
6921 |
70,000 | - | 35,000 | - | - | |
694/7 |
145,000 | - | - | - | - | |
694 |
145,000 | - | - | - | - | |
| Social balance sheet | ||||||
9087 |
6.4 | 6.4 | 5 | - | - | |
Hours worked1013 |
10,367 | 9,261 | 7,442 | - | - | |
| Document | ||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2026 (PDF), filed on 10-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 10-06-2026 | 2026-00154399 | |
| 31-03-2025 | micro format | 29-10-2025 | 2025-00558004 | |
| 31-03-2024 | micro format | 30-09-2024 | 2024-00487359 | |
| 31-03-2023 | micro format | 17-10-2023 | 2023-00487241 | |
| 31-03-2022 | micro format | 15-09-2022 | 2022-20429623 |
Subsidies and aid
Flemish government 2024, 1 entry, €446 awarded, €446 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| 366,871 | 117,784 | 83,481 | 57,127 | 39,810 | ||
| 266,226 | 74,608 | 64,075 | 47,372 | 35,360 | ||
| 51,056 | 234,343 | 187,365 | 167,634 | 89,115 | ||
| 24,752 | 5,961 | -2,581 | -7,525 | - | ||
| -67,014 | -88,342 | -109,975 | -80,307 | -18,501 | ||
| 12.0% | 6.7% | 9.6% | 8.5% | 8.5% | ||
| 0.84 | 0.74 | 0.51 | 0.71 | 0.88 | ||
| 7.33 | 14.03 | 9.38 | 10.80 | 10.73 | ||
| 249.1% | 2.1% | 13.5% | 43.7% | 94.3% | ||
| 29.9% | 0.1% | 1.3% | 3.7% | 8.0% | ||
| 18.04 | 4.70 | 6.08 | 9.13 | 16.53 |
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.
Social balance sheet
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 11 | 5 | 7 | 2 |
| full-time | 7 | 4 | 2 | - |
| part-time | 4 | 1 | 5 | 2 |
| in full-time equivalents | 10.1 | 5 | 5.9 | 1.3 |
| 6.4 | 6.4 | 5 | - | |
| On a permanent contract | 1 | 1 | 1 | - |
| Joined | 36 | 37 | 16 | 6 |
| Left | 30 | 39 | 15 | 4 |
Source: social balance sheet in the 2022 to 2026 annual accounts
Investments
fixed assets acquired| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €51,056 | €234,343 | €187,365 | €167,634 | €89,115 |
| €85,820 | €73,841 | €59,182 | €33,683 | €18,701 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Insights on InterCargo
The operating result for 2026 is 6.4 times that of 2025 and the highest since 2022. It is the fourth rise in a row.
Debt's share of the balance-sheet total falls from 93.3% to 88.0%. Equity and debt are higher.