INTERCHAMP
ActiveFrom the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of INTERCHAMP is 7.6% (elevated). For INTERCHAMP, at least two annual filings are missing. The 2022 annual accounts show equity of €19,185 and a net result of -€24,595. Equity has been shrinking by about 47% per year since 2018. If that trend continues, it turns negative around financial year 2023. Its solvency ranks better than 13% of 1,615 sector peers (NACE 01, financial year 2022). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
KBO- Status
- Active since 08-01-2001 Normal situation
- Activity
- Growing of vegetables, melons, roots and tubers NACE 01130and 1 other
- Establishment unit
- 2.116.577.216 8740 Pittem, since 24-09-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 11-09-2025
Board and ownership
Board
- DELBEKE PaulDirector · since 08-12-2017
- DESMET NickDirector · since 08-12-2017
Financial position
- Bankruptcy probabilitywithin 12 months
- 7.6%
2022 figures too old to score
Annual accounts 2022
- Gross margin
- €135,262
- ▲ 0.7%
- Turnover
- ≈ €370,000
- estimated
- Loss
- €24,595
- ▼ 85.8%
- Equity
- €19,185
- ▼ 56.2%
- Total assets
- €1.0m
- ▲ 1.6%
- Staff
- 2.8 FTE
- ▼ 30.0%
2023 accounts not filed, 823 days past the deadline
Filed on 26-03-2024PDF
Signalsraises riskFigures for financial year 2022 (filed on 27-03-2024)3 financial years not filed after the legal deadline; last filed accounts filed 239 days late; 3 of the last 3 accounts lateLiquidity: current ratio 0.02, cash €9,976Two or more financial years not filed2022 accounts filed 239 days latelowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2022 · tick: 2021
Weak
Solvency
27-2
equity 1.8% of total assets
Liquidity
1=
short-term debt 94.3% · cash 1.0%
Profitability
66+66
return on assets -2.3%
Bankruptcy probability within 12 months
7.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.9%lowest value
12-2024: 4.4%▲ +0.5 percentage points vs 11-2024
01-2025: 6.4%▲ +2.0 percentage points vs 12-2024
02-2025: 6.4%● unchanged vs 01-2025
03-2025: 6.4%● unchanged vs 02-2025
04-2025: 5.8%▼ -0.6 percentage points vs 03-2025
05-2025: 5.8%● unchanged vs 04-2025
06-2025: 5.8%● unchanged vs 05-2025
07-2025: 5.8%● unchanged vs 06-2025
08-2025: 7.7%▲ +1.9 percentage points vs 07-2025
09-2025: 7.7%● unchanged vs 08-2025
10-2025: 7.7%● unchanged vs 09-2025
11-2025: 7.7%● unchanged vs 10-2025
12-2025: 7.7%● unchanged vs 11-2025
01-2026: 7.7%● unchanged vs 12-2025
02-2026: 7.7%● unchanged vs 01-2026
03-2026: 7.7%● unchanged vs 02-2026
04-2026: 8.1%▲ +0.4 percentage points vs 03-2026highest value
05-2026: 8.1%● unchanged vs 04-2026highest value
06-2026: 8.1%● unchanged vs 05-2026highest value
07-2026: 8.1%● unchanged vs 06-2026highest value
08-2026: 7.6%▼ -0.5 percentage points vs 07-2026
09-2026: 7.6%● unchanged vs 08-2026
10-2026: 7.6%● unchanged vs 09-2026
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 year end31-07-2024 deadline01-11-2026 today
raises risk · 2022 accounts filed 239 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-03-2024, 239 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
239 days late
2021
164 days late
2020
153 days late
2019
250 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 202 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2022, abbreviated format
2023 annual accounts not yet filed, deadline passed on 31 July 2024 The financial year closed on 31 December 2023. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 1 November 2026.
Annual accounts 2022 filed on 26-03-2024 PDF all 22 filings
Turnover
≈ €370,000
Estimated: probably between €250,000 and €550,000
Total assets
€1.0m▲ 1.6%
2021 · €1.0m
Net result
-€24,595▲ 85.8%
2021 · -€173,667
Working capital
-€963,782▼ 10.5%
2021 · -€872,340
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result for 2022 is a loss of €18,859, smaller than the loss of €167,947 in 2021.
Operating result-€0.02m
2022
Net result-€0.02m
2022
Total assets€1.0m
2022
Equity€0.02m
2022
Debt€1.0m
2022
Working capital-€1.0m
2022
Return on assets (ROA)-2.3%
2022
Solvency1.8%
2022
Current ratio0.02
2022
Staff (FTE)2.8
2022
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result-€0.003m--€0.06m▼ 2,152%-€0.1m▼ 73.7%-€0.2m▼ 54.3%-€0.02m▲ 88.8%
Net result-€0.02m--€0.07m▼ 357%-€0.1mbelow the sector's middle half▼ 66.0%-€0.2mbelow the sector's middle half▼ 51.5%-€0.02mbelow the sector's middle half▲ 85.8%
Equity€0.4m-€0.3m▼ 17.5%€0.2mwithin the sector's middle half▼ 34.8%€0.04mbelow the sector's middle half▼ 80.0%€0.02mbelow the sector's middle half▼ 56.2%
Total assets€2.0m-€1.8m▼ 10.4%€1.4mwithin the sector's middle half▼ 25.2%€1.0mwithin the sector's middle half▼ 24.8%€1.0mwithin the sector's middle half▲ 1.6%
Debt€1.6m-€1.5m▼ 8.7%€1.2m▼ 23.1%€1.0m▼ 14.3%€1.0m▲ 4.1%
Working capital-€0.6m--€0.6m▲ 7.8%-€0.7mbelow the sector's middle half▼ 27.6%-€0.9mbelow the sector's middle half▼ 19.5%-€1.0mbelow the sector's middle half▼ 10.5%
Solvency19.8%-18.3%▼ 1.6pp15.9%within the sector's middle half▼ 2.3pp4.2%below the sector's middle half▼ 11.7pp1.8%below the sector's middle half▼ 2.4pp
Current ratio0.54-0.53▼ 0.010.28below the sector's middle half▼ 0.250.07below the sector's middle half▼ 0.220.02below the sector's middle half▼ 0.04
Return on assets (ROA)-0.7%--3.8%▼ 3.0pp-8.4%below the sector's middle half▼ 4.6pp-16.8%below the sector's middle half▼ 8.5pp-2.3%below the sector's middle half▲ 14.5pp
Staff (FTE)3.9-4▲ 2.6%4within the sector's middle half=4within the sector's middle half=2.8within the sector's middle half▼ 30.0%
above
within
below
The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.0m
Fixed assets
€1.0m ▲ 5.5%
Current assets
€23,671 ▼ 61.2%
Equity and liabilities €1.0m
Equity
€19,185 ▼ 56.2%
Debt
€1.0m ▲ 4.1%
Debt's share of the balance-sheet total rises from 95.8% to 98.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€72,358▲
2021 · -€53,974
Cash flow
€66,622▲
2021 · -€59,694
Debt to equity
53.57▲
2021 · 22.55
ROE
-128.2%▲
2021 · -396.7%
Interest coverage
12.61▲
2021 · -8.09
Debt ≤ 1 year
€987,452▲
2021 · €933,309
Debt > 1 year
€39,628▼
2021 · €52,942
Staff costs
€48,460▼
2021 · €166,565
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Comparable companies
These companies have the same main activity as INTERCHAMP: growing of vegetables, melons, roots and tubers (NACE 01130). They are comparable in size and age: total assets between €764,000 and €1.2m, founded between 1991 and 2004.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| INTERCHAMP Pittem | 2001 | €1.0m | €0.02m | €0.1m | -€0.02m | 2.8 | 2022 |
| WHITE FARM PASSCHENDAELE Zonnebeke | 2004 | €1.1m | €0.5m | €0.2m | -€0.06m | 2.3 | 2025 |
| COEMAN ALAIN BOOMKWEKERIJ Waregem | 2001 | €1.2m | €0.6m | €0.4m | €0.03m | 4.3 | 2025 |
| VANDESAN Lichtervelde | 1993 | €0.8m | €0.2m | €0.09m | -€0.3m | 5.8 | 2025 |
| ROVANA Duffel | 1991 | €1.2m | €0.9m | €0.2m | €0.05m | 3.2 | 2025 |
| DE BLAISER TUINAANLEG Puurs-Sint-Amands | 2004 | €0.9m | €0.5m | €0.4m | €0.09m | 3.3 | 2025 |
| VERSCHUEREN GUIDO Sint-Katelijne-Waver | 2001 | €1.2m | €0.3m | €0.4m | €0.1m | 4 | 2025 |
They were chosen from the 647 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €166,565 | €48,460 | ▼ 70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €158,721 | €136,849 | €133,876 | €113,973 | €91,217 | ▼ 20.0% |
| Other operating charges640/8 | - | - | - | €14,727 | €14,444 | ▼ 1.9% |
| Non-recurring operating charges66A | - | - | - | €7,000 | - | - |
| Gross operating margin9900 | €336,152 | €330,875 | €220,154 | €134,318 | €135,262 | ▲ 0.7% |
| Operating profit (loss)9901 | -€2,782 | -€62,664 | -€108,841 | -€167,947 | -€18,859 | ▲ 88.8% |
| Financial income75/76B | - | - | - | €954 | - | - |
| Recurring financial income75 | €1,930 | €2,199 | €1,888 | €954 | - | - |
| Financial charges65/66B | - | - | - | €6,674 | €5,737 | ▼ 14.0% |
| Recurring financial charges65 | €14,249 | €8,605 | €7,688 | €6,674 | €5,737 | ▼ 14.0% |
| Profit (loss) for the period before taxes9903 | -€15,101 | -€69,070 | -€114,640 | -€173,667 | -€24,595 | ▲ 85.8% |
| Profit (loss) for the period9904 | -€15,101 | -€69,070 | -€114,640 | -€173,667 | -€24,595 | ▲ 85.8% |
| Profit (loss) for the period to be appropriated9905 | -€15,101 | -€69,070 | -€114,640 | -€173,667 | -€24,595 | ▲ 85.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €1.8m | €1.4m | €1.0m | €1.0m | ▲ 1.6% |
| Fixed assets21/28 | €1.3m | €1.2m | €1.1m | €1.0m | €1.0m | ▲ 5.5% |
| Tangible fixed assets22/27 | €1.1m | €1.0m | €0.9m | €0.8m | €0.8m | ▲ 6.9% |
| Land and buildings22 | - | - | - | €0.7m | €0.8m | ▲ 8.0% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.007m | ▼ 42.0% |
| Furniture and vehicles24 | - | - | - | €0.006m | €0.005m | ▼ 21.8% |
| Financial fixed assets28 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Current assets29/58 | €0.7m | €0.6m | €0.3m | €0.06m | €0.02m | ▼ 61.2% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.1m | €0.02m | - | - |
| Stocks30/36 | - | - | - | €0.02m | - | - |
| Amounts receivable within one year40/41 | €0.6m | €0.5m | €0.1m | €0.03m | €0.01m | ▼ 52.7% |
| Trade receivables40 | - | - | - | - | €0.005m | - |
| Other amounts receivable41 | - | - | - | €0.03m | €0.009m | ▼ 70.1% |
| Cash at bank and in hand54/58 | €0.001m | €0.03m | €0.01m | €0.009m | €0.01m | ▲ 17.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €1.8m | €1.4m | €1.0m | €1.0m | ▲ 1.6% |
| Equity10/15 | €0.4m | €0.3m | €0.2m | €0.04m | €0.02m | ▼ 56.2% |
| Contributions10/11 | €0.8m | €0.8m | - | €0.8m | €0.8m | = |
| Reserves13 | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Non-distributable reserves130/1 | - | - | - | €0.008m | €0.008m | = |
| Reserves not available under the articles1311 | - | - | - | €0.008m | €0.008m | = |
| Profit (loss) carried forward14 | -€0.4m | -€0.5m | -€0.6m | -€0.8m | -€0.8m | ▼ 3.1% |
| Investment grants15 | - | - | - | €0 | - | - |
| Amounts payable17/49 | €1.6m | €1.5m | €1.2m | €1.0m | €1.0m | ▲ 4.1% |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.1m | €0.05m | €0.04m | ▼ 25.1% |
| Financial debts170/4 | - | - | - | €0.01m | - | - |
| Other amounts payable178/9 | - | - | - | €0.04m | €0.04m | = |
| Amounts payable within one year42/48 | €1.3m | €1.2m | €1.0m | €0.9m | €1.0m | ▲ 5.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.08m | €0.01m | ▼ 83.4% |
| Financial debts43 | - | - | - | €0.2m | €0.2m | = |
| Credit institutions430/8 | - | - | - | €0.2m | €0.2m | = |
| Trade debts44 | €0.6m | €0.5m | €0.3m | €0.2m | €0.4m | ▲ 84.2% |
| Suppliers440/4 | - | - | - | €0.2m | €0.4m | ▲ 84.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.01m | ▼ 18.0% |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.01m | ▼ 18.0% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.4m | ▼ 15.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.001m | ▼ 23.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,101 | -€69,070 | -€114,640 | -€173,667 | -€24,595 | ▲ 85.8% |
| + Depreciation and write-downs630 | €158,721 | €136,849 | €133,876 | €113,973 | €91,217 | ▼ 20.0% |
| Operating cash flow (approximation) | €143,621 | €67,779 | €19,235 | -€59,694 | €66,622 | - |
| Investment in fixed assets (approximation) | - | -€3,893 | -€29,796 | -€1,304 | -€144,514 | ▼ 10,987% |
| Change in cash | - | €24,936 | -€11,125 | -€5,880 | €1,475 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | abbreviated format | 26-03-2024 | 2024-00049925 | |
| 31-12-2021 | abbreviated format | 11-01-2023 | 2023-20557474 | |
| 31-12-2020 | abbreviated format | 31-12-2021 | 2021-82400451 | |
| 31-12-2019 | abbreviated format | 07-04-2021 | 2021-09900481 | |
| 31-12-2018 | abbreviated format | 31-01-2020 | 2020-03900133 | |
| 31-12-2017 | abbreviated format | 29-08-2018 | 2018-54100257 | |
| 31-12-2016 | abbreviated format | 31-07-2017 | 2017-39200503 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-57200078 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-54200386 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-56100267 |
Board & ownership
Directors
Directors
2 directors
DELBEKE Paul
Current
DESMET Nick
Current
Owners and capital
Owners
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| DELBEKE Paul |
|
| DESMET Nick |
|
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
42%
Connections & network
2 current directorsThe network starts from the directors of INTERCHAMP. 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
Acts, filings and financial milestones
2024
26-03
financial year 2022 · abbreviated format · 239 days late
2023
11-01
financial year 2021 · abbreviated format · 164 days late
2021
31-12
Financial
Weakest financial yearnet -€173,667
The net result drops to -€173,667, the lowest from 2018 to 2022. It recovers the following year.
31-12
financial year 2020 · abbreviated format · 153 days late
07-04
financial year 2019 · abbreviated format · 250 days late
2020
31-01
financial year 2018 · abbreviated format · 184 days late
2018
29-08
financial year 2017 · abbreviated format · 29 days late
2017
31-07
financial year 2016 · abbreviated format
2016
31-08
financial year 2015 · abbreviated format · 31 days late
2015
31-08
financial year 2014 · abbreviated format · 31 days late
2014
27-08
financial year 2013 · abbreviated format · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
INTERCHAMP in Dutch
Enterprise number
0473.747.406
Legal form
Coöperatieve vennootschap met beperkte aansprakelijkheid
Status
Active, normale toestand
Founded
08-01-2001
Entity type
Legal entity
Registered office and establishments
Registered office
Brugsesteenweg 66, 8740 Pittem, Belgium
Establishments
1 establishment unit since 2001
Activities
NACEBEL 202501130
Growing of vegetables, melons, roots and tubers main activity
46319
Wholesale of fruit and vegetables, excluding potatoes
Invoicing and payment
VAT number
BE 0473.747.406
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Food safety, FASFC
1 sitePittemunit number 2.116.577.216
Sites & property
Location
1 establishment unit
INTERCHAMP
since 2001unit number 2.116.577.216
Buildings and parcels at the address
Ground area
4.7 ha
Building footprint
1.0 ha
Building volume
38,051 m³
Parcel 37011A0029/00B002, Flanders · tallest building 9.8 m.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37011A0029/00B002 | Flanders | 4.7 ha | 1 · 1.0 ha | 9.8 m · 2 |