INTERCONTINENTAL GROUP
InactiveINTERCONTINENTAL GROUP was declared bankrupt on 06-06-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 20-11-2025, published in the Belgian State Gazette on 26-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2016.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2017 close31-07-2018 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 25-09-2017, 56 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
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2016, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▼ 82.2%
2015 · €134k
2013: €58k
2014: €27k
2015: €134k
2013 → 2016
Working capital
€126k▼ 20.8%
2015 · €159k
2013: €41k
2014: €42k
2015: €159k
2013 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2013201420152016Trend
Equity€64k-€90k▲ 41.7%€224k▲ 148%€248k▲ 10.6%
Operating result€137k-€64k▼ 53.4%€225k▲ 253%€55k▼ 75.5%
Net result€58k-€27k▼ 53.9%€134k▲ 403%€24k▼ 82.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2016; 2016 is 76% below 2015 and is the lowest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €544k
Fixed assets
€388k ▲ 25.9%
Current assets
€156k ▼ 43.5%
Equity and liabilities €544k
Equity
€248k ▲ 10.6%
Debt
€296k ▼ 17.9%
Debt's share of the balance-sheet total falls from 61.6% to 54.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€102k▼
2015 · €250k
Cash flow
€71k▼
2015 · €159k
Current ratio
5.20▲
2015 · 2.36
Quick ratio
4.15▲
2015 · 2.09
Debt to equity
0.96▼
2015 · 1.08
ROE
9.6%▼
2015 · 59.6%
ROA
4.4%▼
2015 · 22.9%
Debt ≤ 1 year
€30k▼
2015 · €117k
Debt > 1 year
€239k▼
2015 · €243k
Income taxes
€20k▼
2015 · €71k
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 · 2016 against 2015 · 24 lines
Balance sheet
Code20152016
Assets
Total assets20/58€584k€544k▼
Fixed assets21/28€308k€388k▲
Tangible fixed assets22/27€308k€388k▲
Current assets29/58€276k€156k▼
Stocks and contracts in progress3€32k€32k=
Amounts receivable within one year40/41€49k€113k▲
Cash at bank and in hand54/58€195k€12k▼
Equity and liabilities
Total equity and liabilities10/49€584k€544k▼
Equity10/15€224k€248k▲
Contributions10/11€6k€6k=
Reserves13€218k€242k▲
Amounts payable17/49€360k€296k▼
Amounts payable after more than one year17€243k€239k▼
Amounts payable within one year42/48€117k€30k▼
Trade debts44€15k-
Income statement
Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€47k▲
Gross operating margin9900€250k€104k▼
Operating profit (loss)9901€225k€55k▼
Recurring financial income75€471-
Recurring financial charges65€20k€12k▼
Profit (loss) for the period before taxes9903€205k€43k▼
Income taxes67/77€71k€20k▼
Profit (loss) for the period9904€134k€24k▼
Profit (loss) for the period to be appropriated9905€134k€24k▼
Timeline · acts, filings and financial milestones
2025
26-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · INTERCON- TINENTAL GROUP BV HANNUITSESTEENWEG 51/1, 3300 TIENEN · event 20-11-2025
2024
12-06
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · INTERCONTINENTAL GROUP BV HANNUITSESTEENWEG 51/1, 3300 TIENEN · event 06-06-2024
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
31-12
Financial
Weakest financial yearnet €24k ▼82.2%
Net result drops to €24k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 5.20
Current ratio from 2.36 to 5.20; short-term debt falls from €117k to €30k.
12-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 43 days late
2015
31-12
Financial
Highest result since 2013net €134k ▲403%
Operating result €225k, net result €134k, both a record.
31-12
Financial
Equity above €200kEq €224k ▲148%
3 profitable years in a row build equity to €224k.
14-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
02-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
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 | MICHIEL VERRAES EDMOND TOLLENAERE-
STRAAT 56-76, 1020 BRUSSEL 2 |
06-06-2024 → 20-11-2025 |