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INTERCUB

Active Private limited companyfounded 1987active for 39 yearsNijverheidszone 'Begijnenmeers' 33, 1770 LiedekerkeKBO/BCE: BE 0432.382.151 subsidiary of .#6 oldest company in Flemish Brabant, Furniture sector

Lifetime

19 annual accounts with figures on one time axis, 35 filings since 1988
peak €1.2m (2012)
€48,712▼ 63.0%
lowest -€260,259 (2019)
-€140,703▼ €77,940
peak €1.0m (2012)
-€88,580▼ €140,703
€914,083▲ 4.5%
peak 20.9 FTE (2016)
2 FTEunchanged
Board1 name since 2021
1 director
Owners2 names in the annual accounts
99.9%
Documentsfilings and deeds
14-08-202614 days late
2025abbreviated format
Gross margin from €131,715 to €48,712Loss of €140,703Equity from €52,123 to -€88,580Investments €45,165Cash from €222,079 to €105,416

Key points

from the 2025 annual accounts

Equity

-€88,580
202120222023202320242025

Debts exceed assets in financial year 2025.

Result

-€140,703 ▼ 124%
-€62,8002024-€141,0002025

The result fell in 2025 from -€62,763 to -€140,703.

Debts

€914,083 111% of the balance sheet
Financial debts 30%Suppliers 9%Taxes and wages 2%Other 59%

Of this, €369,435 falls due within a year.

Investments

€45,165 2.1 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Staff

2 FTE from 20.9 in 2016

Between 2016 and 2025, 90% of the full-time equivalents disappeared.

Position in the sector

-€140,703

Lower net result than 94% of companies in furniture. Sector median €14,644 · 285 companies.

2025 accounts filed 14 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,619 companies had the same profile as INTERCUB has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,619 companies, not a prediction for INTERCUB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, , since 28-07-2021
  • 99.9%equity €2.3m (2025) · 2025 annual accounts of .
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0432382151
Appointment: . (director) Permanent representative: · General meeting of 18-12-2023 · Gazette deed
First establishment Nijverheidszone 'Begijnenmeers' 33, Liedekerke
Incorporation published on 25-11-1987 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
INTERCUB Liedekerke €0.8m €48,712 -10.7% 2
SANI- EN KEUKENDECOR Waasmunster €0.5m €99,126 45.9% 1.4
INTERIEUR DE MEY Sint-Niklaas €0.3m €90,907 61.7% 2
INFORMA Halle €1.3m €57,018 98.1% 0
Vynda Ingelmunster €0.3m €60,419 39.2% 1
STOCKMAN Eeklo €0.6m €145,229 54.3% 3.8
MEUBLES AU BOSQUET Châtelet €0.7m €153,398 24.6% 3

These companies have the same main activity as INTERCUB: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €300,000 and €1.3m, founded between 1968 and 1995.

Official details

Source: KBO
Status
Active since 28-10-1987Normal situation
Activity
Manufacture of dining room, living room, bedroom and bathroom furnitureNACE 31004
Joint committee
126Furnishing and woodworking · annual accounts 01-01-2023
Establishment unit
2.031.249.4821770 Liedekerke, since 10-09-1992
Financial year end
31 December
Peppol
Reachable since 16-10-2025
Company details

Annual accounts 2025

≈ €170,000estimated
€825,503▼ 10.9%
Employeeson 31-12-2025
2=
Filing
Filed on 14-08-2026
Financials

Insights on INTERCUB

INTERCUB files the abbreviated format. That format states no turnover. The gross margin fell from €814,603 in 2006 to €48,712 in 2025.

. holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about INTERCUB

What is the company number of INTERCUB?
The company number of INTERCUB is 0432.382.151. The VAT number is the same number with BE in front: BE 0432.382.151.
Where is INTERCUB based?
The registered office is at Nijverheidszone 'Begijnenmeers' 33, 1770 Liedekerke.Company details
What does INTERCUB do?
According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
What is the legal form of INTERCUB?
INTERCUB is a private limited company (BV).
When was INTERCUB founded?
INTERCUB was founded on 28-10-1987.
Is INTERCUB still active?
Yes, INTERCUB is an active enterprise in the KBO register.
How many employees does INTERCUB have?
INTERCUB had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does INTERCUB fall under?
In its 01-01-2023 annual accounts, INTERCUB states joint committee 126 (Furnishing and woodworking).
What is the turnover of INTERCUB?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €48,712 and 1,231 comparable companies of the same size. It probably lies between €93,000 and €330,000. It is a rough estimate.
Is INTERCUB profitable?
In financial year 2025, INTERCUB made a loss of €140,703.
Where can I find the annual accounts of INTERCUB?
INTERCUB filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of INTERCUB due?
INTERCUB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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