INTERCARS
ActiveSummary
INTERCARS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €8k. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+17
Solvency62▲+18
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.23 in 2024; short-term debt: 62.8% and cash: 65.7% of total assets), but 62.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.2%
Return on assets
15.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €20k
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
59 d early
2023
56 d early
2022
52 d early
2021
53 d early
2020
17 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€20k▲ 73.3%
2024 · €11k
2018: €26k
2019: €29k
2020: €42k
2021: €44k
2022: €4k
2023: €10k
2024: €11k
2018 → 2025
Total assets
€53k▼ 10.6%
2024 · €59k
2018: €82k
2019: €82k
2020: €77k
2021: €62k
2022: €63k
2023: €58k
2024: €59k
2018 → 2025
Net result
€8k▲ 723%
2024 · €1k
2018: €3k
2019: €3k
2020: €13k
2021: €1k
2022: €-39k
2023: €6k
2024: €1k
2018 → 2025
Working capital
€20k▲ 78.0%
2024 · €11k
2018: €6k
2019: €17k
2020: €39k
2021: €41k
2022: €2k
2023: €9k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€4k▼ 90.3%€10k▲ 144%€11k▲ 9.8%€20k▲ 73.3%
Operating result€2k-€-39k€6k€1k▼ 81.8%€8k▲ 638%
Net result€1k-€-39k€6k€1k▼ 83.5%€8k▲ 723%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 638% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €53k
Equity
€20k ▲ 73.3%
Debt
€33k ▼ 30.6%
Debt's share of the balance-sheet total falls from 80.8% to 62.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €2k
Cash flow
€9k▲
2024 · €2k
Current ratio
1.59▲
2024 · 1.23
Quick ratio
1.05▲
2024 · 0.44
Debt to equity
1.69▼
2024 · 4.22
ROE
42.3%▲
2024 · 8.9%
ROA
15.7%▲
2024 · 1.7%
Interest coverage
57.71▲
2024 · 14.11
Debt ≤ 1 year
€33k▼
2024 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€59k€53k▼
Fixed assets21/28€299-
Tangible fixed assets22/27€299-
Plant, machinery and equipment23€299-
Current assets29/58€59k€53k▼
Stocks and contracts in progress3€38k€18k▼
Stocks30/36€38k€18k▼
Amounts receivable within one year40/41€487-
Other amounts receivable41€487-
Cash at bank and in hand54/58€21k€35k▲
Equity and liabilities
Total equity and liabilities10/49€59k€53k▼
Equity10/15€11k€20k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€7k€7k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Profit (loss) carried forward14€-14k€-6k▲
Amounts payable17/49€48k€33k▼
Amounts payable within one year42/48€48k€33k▼
Advances received on contracts in progress46€10k-
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€38k€32k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€800€299▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€4k€10k▲
Operating profit (loss)9901€1k€8k▲
Financial charges65/66B€138€152▲
Recurring financial charges65€138€152▲
Profit (loss) for the period before taxes9903€1k€8k▲
Profit (loss) for the period9904€1k€8k▲
Profit (loss) for the period to be appropriated9905€1k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-6k▲
Profit (loss) brought forward from the previous period14P€-15k€-14k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-39k ▼3346%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Highest result since 2018net €13k ▲275%
Operating result €20k, net result €13k, both a record.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 240 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Haachtsesteenweg 381831 Machelen (Brab.)Ground area
682 m²
Building footprint
661 m²
Volume, LiDAR
2,946 m³
Parcel 23015C0257/00W000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INTERCARS
since 20152.238.609.847
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015C0257/00W000 | Flanders | 682 m² | 1 · 661 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LIBEL RBNM CARS
BE 0687.802.551
Fernelmont · Eq €19,766
ICOBA
BE 0670.824.581
Chaudfontaine · Eq €19,511
Car Center Bonneux
BE 0696.758.027
Herk-de-Stad · Eq €19,847
E.A CARS
BE 0732.640.307
Dilbeek · Eq €19,324
Cargo performance
BE 0700.955.454
Ecaussinnes · Eq €20,127
Of 2,128 companies in sector 46711 we hold annual accounts for 1,126. 581 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.