INTERCOAX EMEA
InactiveINTERCOAX EMEA was declared bankrupt on 29-03-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 18-11-2025, published in the Belgian State Gazette on 24-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-87k
2019 · €65k
2018: €17k
2019: €65k
2018 → 2020
Total assets
€273k▼ 30.4%
2019 · €392k
2018: €236k
2019: €392k
2018 → 2020
Net result
€-152k▼ 603%
2019 · €-22k
2018: €-3k
2019: €-22k
2018 → 2020
Working capital
€107k▲ 174%
2019 · €39k
2018: €56k
2019: €39k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€17k-€65k▲ 285%€-87k
Operating result€2k-€-13k€-145k▼ 1,025%
Net result€-3k-€-22k▼ 541%€-152k▼ 603%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €145k in 2020 against €13k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €273k
Fixed assets
€26k ▼ 52.6%
Current assets
€247k ▼ 26.7%
Key figures and ratios
EBITDA
€-139k▼
2019 · €-4k
Cash flow
€-146k▼
2019 · €-13k
Solvency
-31.7%▼
2019 · 16.7%
Current ratio
1.77▲
2019 · 1.13
Quick ratio
1.34▲
2019 · 0.93
Debt to equity
-2.49▼
2019 · 0.43
ROA
-55.7%▼
2019 · -5.5%
Debt
€360k▲
2019 · €327k
Debt ≤ 1 year
€140k▼
2019 · €298k
Debt > 1 year
€216k▲
2019 · €28k
Income taxes
€734▲
2019 · €466
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 · 2020 against 2019 · 27 lines
Balance sheet
Code20192020
Assets
Total assets20/58€392k€273k▼
Fixed assets21/28€55k€26k▼
Intangible fixed assets21€18k€16k▼
Tangible fixed assets22/27€37k€10k▼
Financial fixed assets28€296€296=
Current assets29/58€337k€247k▼
Stocks and contracts in progress3€61k€59k▼
Amounts receivable within one year40/41€239k€126k▼
Cash at bank and in hand54/58€49€50k▲
Equity and liabilities
Total equity and liabilities10/49€392k€273k▼
Equity10/15€65k€-87k▼
Contributions10/11€89k€89k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-25k€-177k▼
Amounts payable17/49€327k€360k▲
Amounts payable after more than one year17€28k€216k▲
Amounts payable within one year42/48€298k€140k▼
Trade debts44€211k€54k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Gross operating margin9900€48k€-75k▼
Operating profit (loss)9901€-13k€-145k▼
Recurring financial income75€18€1k▲
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€-21k€-151k▼
Income taxes67/77€466€734▲
Profit (loss) for the period9904€-22k€-152k▼
Profit (loss) for the period to be appropriated9905€-22k€-152k▼
Timeline · acts, filings and financial milestones
2025
24-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · INTERCOAX EMEA NV KRIJTESTRAAT 45/A, 9041 OOSTAKKER · event 18-11-2025
2022
04-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · INTERCOAX EMEA NV KRIJTE- STRAAT 45/A, 9041 OOSTAKKER · event 29-03-2022
21-01
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collectif · event 18-01-2022
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-152k
Net result drops to €-152k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MIEKE VERPLANCKE ZUIDSTATIONSTRAAT 34-36,
9000 GENT |
29-03-2022 → 18-11-2025 |