INTERCOSMO
ActiveSummary
The annual accounts of INTERCOSMO for fiscal year 2024 show a net loss of 68% of total assets and of 99% of the equity at the start of that year. The 2024 annual accounts show equity of €3,222 and a net result of -€220,402. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 22% of 15862 sector peers (fiscal year 2024). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-71
Solvency26▼-38
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.88 against 1.56 in 2023; short-term debt: 99% and cash: 25% of total assets), and 99% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1%
Return on assets
-67.6%
Age of the figures
21 mo
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 15862 sector peers (2024).
NBB · sector comparisonPosition among 15862 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
8 d early
2022
14 d late
2021
9 d late
2020
3 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€3,222▼ 98.6%
2023 · €223,624
Total assets
€325,955▼ 43.5%
2023 · €576,844
Net result
-€220,402
2023 · €10,804
Working capital
-€39,100
2023 · €189,254
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€1,876▼ 63.4%€787▼ 58.0%€8,714▲ 1,007%€17,394▲ 99.6%-€220,676
Net result€1,220within the sector's middle half▼ 47.7%€22within the sector's middle half▼ 98.2%€5,695within the sector's middle half▲ 25,810%€10,804within the sector's middle half▲ 89.7%-€220,402below the sector's middle half
Equity€207,102above the sector's middle half▲ 0.6%€207,124above the sector's middle half=€212,819above the sector's middle half▲ 2.7%€223,624above the sector's middle half▲ 5.1%€3,222below the sector's middle half▼ 98.6%
Total assets€582,517above the sector's middle half▲ 105%€630,354above the sector's middle half▲ 8.2%€597,122above the sector's middle half▼ 5.3%€576,844above the sector's middle half▼ 3.4%€325,955within the sector's middle half▼ 43.5%
Debt€375,414▲ 384%€423,229▲ 12.7%€384,303▼ 9.2%€353,221▼ 8.1%€322,733▼ 8.6%
Working capital€179,869▼ 6.8%€159,492▼ 11.3%€172,039▲ 7.9%€189,254▲ 10.0%-€39,100
Solvency35.6%within the sector's middle half▼ 37.1pp32.9%within the sector's middle half▼ 2.7pp35.6%within the sector's middle half▲ 2.8pp38.8%within the sector's middle half▲ 3.1pp1.0%below the sector's middle half▼ 37.8pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €220,676 after €17,394 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €325,955
Fixed assets
€42,322 ▼ 10.3%
Current assets
€283,633 ▼ 46.5%
Equity and liabilities €325,955
Equity
€3,222 ▼ 98.6%
Debt
€322,733 ▼ 8.6%
Debt's share of the balance-sheet total rises from 61.2% to 99.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€200,941▼
2023 · €42,771
Cash flow
-€200,666▼
2023 · €36,181
Current ratio
0.88▼
2023 · 1.56
Quick ratio
0.37▲
2023 · 0.24
ROA
-67.6%▼
2023 · 1.9%
Interest coverage
-115.36▼
2023 · 53.11
Debt ≤ 1 year
€322,733▼
2023 · €340,427
Staff costs
€589
A ratio outside any meaningful range has been withheld (balance sheet total €325,955, equity €3,222).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 542 companies that looked in July 2024 the way this one looks now, 4.4% went bankrupt within 24 months and 86% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a loss of 10% of the balance sheet or more
4.4%
went bankrupt
8.7%
stopped otherwise
86%
still going
A further 1.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 542 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,900 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €589 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,046 | €16,238 | €25,697 | €25,377 | €19,736 | ▼ 22.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €250,000 | - |
| Other operating charges640/8 | - | €12,407 | €5,201 | €775 | €370 | ▼ 52.2% |
| Gross operating margin9900 | €17,773 | €29,432 | €39,612 | €43,547 | €50,018 | ▲ 14.9% |
| Operating profit (loss)9901 | €1,876 | €787 | €8,714 | €17,394 | -€220,676 | ▼ 1,369% |
| Financial income75/76B | - | €242 | €18 | €389 | €2,017 | ▲ 418% |
| Recurring financial income75 | €37 | €242 | €18 | €389 | €2,017 | ▲ 418% |
| Financial charges65/66B | - | €1,007 | €1,059 | €805 | €1,742 | ▲ 116% |
| Recurring financial charges65 | €571 | €1,007 | €1,059 | €805 | €1,742 | ▲ 116% |
| Profit (loss) for the period before taxes9903 | €1,342 | €22 | €7,672 | €16,978 | -€220,402 | ▼ 1,398% |
| Income taxes67/77 | €122 | - | €1,977 | €6,174 | - | - |
| Profit (loss) for the period9904 | €1,220 | €22 | €5,695 | €10,804 | -€220,402 | ▼ 2,140% |
| Profit (loss) for the period to be appropriated9905 | €1,220 | €22 | €5,695 | €10,804 | -€220,402 | ▼ 2,140% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €582,517 | €630,354 | €597,122 | €576,844 | €325,955 | ▼ 43.5% |
| Fixed assets21/28 | €29,986 | €98,238 | €72,541 | €47,164 | €42,322 | ▼ 10.3% |
| Intangible fixed assets21 | - | - | - | - | €3,996 | - |
| Tangible fixed assets22/27 | €29,636 | €97,889 | €72,191 | €46,814 | €37,976 | ▼ 18.9% |
| Plant, machinery and equipment23 | - | €2,776 | €1,599 | €743 | €9,828 | ▲ 1,223% |
| Furniture and vehicles24 | - | €95,113 | €70,592 | €46,071 | €28,148 | ▼ 38.9% |
| Financial fixed assets28 | €350 | €350 | €350 | €350 | €350 | = |
| Current assets29/58 | €552,531 | €532,116 | €524,581 | €529,681 | €283,633 | ▼ 46.5% |
| Stocks and contracts in progress3 | €479,525 | €470,782 | €456,777 | €447,769 | €164,532 | ▼ 63.3% |
| Stocks30/36 | - | €470,782 | €456,777 | €447,769 | €164,532 | ▼ 63.3% |
| Amounts receivable within one year40/41 | €23,898 | €22,545 | €20,798 | €16,076 | €33,406 | ▲ 108% |
| Trade receivables40 | - | €22,545 | €20,761 | €9,989 | €25,090 | ▲ 151% |
| Other amounts receivable41 | - | - | €37 | €6,087 | €8,316 | ▲ 36.6% |
| Cash at bank and in hand54/58 | €48,593 | €37,524 | €44,368 | €62,620 | €81,640 | ▲ 30.4% |
| Deferred charges and accrued income490/1 | - | €1,265 | €2,639 | €3,216 | €4,055 | ▲ 26.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €582,517 | €630,354 | €597,122 | €576,844 | €325,955 | ▼ 43.5% |
| Equity10/15 | €207,102 | €207,124 | €212,819 | €223,624 | €3,222 | ▼ 98.6% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €188,510 | €188,532 | €194,227 | €205,032 | €205,032 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €186,673 | €192,368 | €205,032 | €205,032 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€220,402 | - |
| Amounts payable17/49 | €375,414 | €423,229 | €384,303 | €353,221 | €322,733 | ▼ 8.6% |
| Amounts payable after more than one year17 | €2,752 | €50,606 | €31,761 | €12,794 | - | - |
| Financial debts170/4 | - | €50,606 | €31,761 | €12,794 | - | - |
| Amounts payable within one year42/48 | €372,662 | €372,623 | €352,542 | €340,427 | €322,733 | ▼ 5.2% |
| Current portion of amounts payable after more than one year42 | - | €21,056 | €18,845 | €18,967 | €12,794 | ▼ 32.5% |
| Trade debts44 | €8,887 | €26,771 | €42,880 | €35,436 | €27,715 | ▼ 21.8% |
| Suppliers440/4 | - | €26,771 | €42,880 | €35,436 | €27,715 | ▼ 21.8% |
| Taxes, remuneration and social security45 | - | €8,100 | €7,145 | €8,514 | €9,296 | ▲ 9.2% |
| Taxes450/3 | - | €4,721 | €7,145 | €8,514 | €6,196 | ▼ 27.2% |
| Remuneration and social security454/9 | - | €3,379 | - | - | €3,100 | - |
| Other amounts payable47/48 | - | €316,696 | €283,672 | €277,510 | €272,927 | ▼ 1.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,220 | €22 | €5,695 | €10,804 | -€220,402 | ▼ 2,140% |
| + Depreciation and write-downs630 | €11,046 | €16,238 | €25,697 | €25,377 | €19,736 | ▼ 22.2% |
| Operating cash flow (approximation) | €12,266 | €16,260 | €31,392 | €36,181 | -€200,666 | ▼ 655% |
| Investment in fixed assets (approximation) | - | -€84,491 | €0 | €0 | -€14,894 | - |
| Change in cash | - | -€11,069 | €6,843 | €18,252 | €19,020 | ▲ 4.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet -€220,402
Net result drops to -€220,402, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Mechelen · 1 establishment unit since 1988
Ground area
524 m²
Building footprint
524 m²
Volume, LiDAR
3,109 m³
Parcel 12402B0370/00S006, Flanders · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
INTERCOSMO
since 19882.041.325.408
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402B0370/00S006 | Flanders | 524 m² | 1 · 524 m² | 10.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
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SIMPA
BE 0554.945.611
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JOLUX
BE 0463.296.645
Sint-Martens-Latem · Eq €2,626
TIMELESS
BE 0463.124.025
Retie · Eq €3,989
Of 679 companies in sector 46494 we hold annual accounts for 532. 68 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
46494Wholesale of non-electrical household articles
46450Wholesale of perfume and cosmetics
47551Retail sale of household furniture
47750Retail sale of cosmetics and toilet articles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436017374
Also
9925:BE0436017374
Registered
23-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.