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INTERCYCLE

Active Public limited companyfounded 1993active for 32 yearsZakstraat 86, 1700 DilbeekKBO/BCE: BE 0451.302.396
INTERCYCLE
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Overview

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €232,165 (2020)
-€67,019▼ €58,874
lowest -€71,704 (2025)
-€71,704▼ €65,999
peak €956,659 (2021)
€852,090▼ 7.8%
€40,568▼ 6.1%
peak 1.4 FTE (2006)
-not published
Board3 names since 2021
1 directorRonny Crokaert
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Gross margin from -€8,145 to -€67,019Loss of €71,704

Key points

from the 2025 annual accounts

Losses

-€104,569 in four years
-20,3092022-6,8512023-5,7052024-71,7042025

Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2023 accounts came latest: 31 days after the end of the period.

Position in the sector

95.5%

Higher solvency than 95% of companies in wholesale trade. Sector median 45.2% · 6,192 companies.

Checked score

86
Excellent
Financially stronger than 52% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026highest value 11-2026: 0.3%● unchanged vs 10-2026highest value

Financial strength
Strong

100=equity 95.5% of total assets
72+5short-term debt 4.5% · cash 17.3%
9-9return on assets -8.0%

Score breakdown

raises risk
Loss of €71,704, the second in a row (financial year 2025)
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
lowers risk
Equity €852,090 (95.5% of total assets)
Founded in 1993
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 76% on liquidity, 16% on profitability and 28% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 8,617 companies had the same profile as INTERCYCLE has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of INTERCYCLE itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 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 8,617 companies, not a prediction for INTERCYCLE. 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

Credit of up to €70,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 21.57 (21.88 in 2024), above the usual 1.5. Short-term debt is 4.5% and cash 17.3% of total assets. 4.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Loss of €71,704, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Equity €852,090 (95.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€71,704
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
31 days late
2023
31 days late
2022
59 days early
2021
41 days early
2020
47 days early
2019
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 72 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

RC
Ronny Crokaert
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0451302396
Appointment: Ronny Crokaert (sole director) General meeting of 20-06-2022 · Gazette deed
3 directors resigning, 1 reappointment Resignations: Kevin Crokaert, Wendy Crokaert and Ronny Crokaert · Reappointment: Ronny Crokaert (sole director) · Director discharge: Kevin Crokaert · Gazette deed
New establishment in Grimbergen Kleinewinkellaan 22
All 44 events

Comparable companies

same main activity, similar in size and age
Company
INTERCYCLE Dilbeek - - 95.5% -
AGU BELGIE Antwerp €0.3m -35.1% 62.0% 2.9
WV1 Ghent €4.1m 5.3% 28.6% 42.8
WV2 Ghent €3.9m 5.5% 55.0% 37.8
CODAGEX Dessel €16.0m 2.1% 59.0% 10.7
SOFIPA Oud-Turnhout - - 8.6% -
HELMETPLUS Roeselare - - -82.0% -

These companies have the same main activity as INTERCYCLE: wholesale trade (NACE 46495). They are comparable in size and age: total assets between €441,000 and €4.8m, founded between 1987 and 2020.

Official details

Source: KBO
Status
Active since 26-11-1993Normal situation
Activity
Wholesale tradeNACE 46495and 1 other
Joint committee
149.04Metal trade · annual accounts 2025
Establishment units
2.064.607.1881700 Dilbeek, since 10-12-1993
2.254.640.5811853 Grimbergen, since 29-06-2016
Financial year end
31 December
Peppol
Reachable since 22-01-2026
Company details

Annual accounts 2025

-€67,019▼ 723%
€71,704▲ 13×
€852,090▼ 7.8%
€892,658▼ 7.7%
Filing
Filed on 31-08-2026
Financials

Insights on INTERCYCLE

INTERCYCLE has existed since 1993. The gross margin fell from €133,793 in 2014 to €23,827 in 2015.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 31-08-2026, 31 days late
-€67,019
▼ €58,874
-€78,718
▼ €67,242
-€74,290
▼ €65,330
-€67,276
▼ €64,087
95.5%
▼ 0.1 percentage points
21.57
▼ 0.31

Turnover: not included in this filing.

Money flows

no detail for 2025

Balance sheet

balance sheet total €892,658 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

95.5%

Higher than 95% of 6,192 companies in 2025.

21.57

Higher than 95% of 6,112 companies in 2025.

-8.0%

Higher than 10% of 6,176 companies in 2025.

INTERCYCLE Middle half of the sector 80% of the sector Full accounts in wholesale trade (NACE 46)

Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 892,658966,992987,3091.0m991,843939,194931,667973,709947,607758,904761,981729,462618,895600,533640,075571,582525,205500,719474,749481,112
21/28 17,54021,9684,2927,68613,81219,93726,06331,08746,64563,65062,85259,56555,83944,31473,85344,37754,33270,98141,30958,822
22/27 16,79021,2183,5436,93613,06219,18825,31430,33845,89662,90162,10258,81555,08934,69657,78028,30439,11056,31026,63844,151
23 7801,1703,5436,63611,63616,63521,63525,53239,48551,03143,04422,35126,8655753,4026,62510,52414,55211,58516,882
24 16,01020,049-3001,4262,5533,6794,8056,41111,87019,05836,46428,22434,12154,37821,67928,58641,75815,05327,269
28 7507507507507507507507507507507507507509,61816,07316,07315,22214,67114,67114,671
29/58 875,119945,024983,0161.0m978,031919,256905,604942,622900,962695,253699,130669,897563,057556,219566,222527,205470,873429,738433,440422,290
3 278,935353,048615,425718,825531,086275,086441,539511,462504,892413,075378,155276,590245,806199,051175,072147,088200,096213,521183,921154,637
30/36 278,935353,048615,425718,825531,086275,086441,539511,462504,892413,075378,155276,590245,806199,051175,072147,088200,096213,521183,921154,637
40/41 73,31786,52981,30178,62567,84083,509171,349143,970136,49826,13873,57679,18558,432132,999105,185100,10347,94725,18484,676203,375
40 39,41955,50256,38053,82052,31550,375159,731143,970136,49815,48961,26267,90247,043125,64368,87471,22547,48820,88681,804187,217
41 33,89831,02724,92124,80515,52533,13511,618--10,64912,31411,28311,3897,35636,31128,8774594,2982,87216,158
50/53 365,000365,000215,000215,000315,000-249,669249,669245,194232,245232,245210,000210,000210,000---148,554150,000-
54/58 154,417131,27462,2253,08655,107556,23938,34236,57914,37920,20612,458101,08145,3697,911282,735273,910217,75037,02210,09862,136
490/1 3,4509,1729,0654,1528,9974,4224,705943-3,5902,6963,0403,4506,2583,2306,1045,0805,4574,7452,142
Balance sheet: equity and liabilities
10/49 892,658966,992987,3091.0m991,843939,194931,667973,709947,607758,904761,981729,462618,895600,533640,075571,582525,205500,719474,749481,112
10/15 852,090923,794929,499936,350956,659824,946651,590632,202623,798556,439555,870550,317470,380460,695444,764425,032389,255352,246325,359220,861
10/11 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
10 62,00062,00062,00062,00062,000---------------
100 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
13 23,70023,70023,70023,70023,70023,70023,70023,70023,70023,70023,70023,70023,70023,70023,70023,70023,70023,70023,70023,700
130/1 6,2006,2006,2006,2006,2006,200--------------
130 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
132 17,50017,50017,50017,50017,50017,50017,50017,50017,50017,50017,50017,50017,50017,50017,50017,50017,50017,50017,50017,500
14 766,390838,094843,799850,650870,959739,246565,890546,502538,098470,739470,170464,617384,680374,995359,064339,332303,555266,546239,659135,161
17/49 40,56843,19857,81091,02335,183114,248280,077341,506323,809202,465206,111179,144148,515139,838195,311146,550135,950148,473149,390260,251
17 -----------------1,6194,2906,834
170/4 -----------------1,6194,2906,834
42/48 40,56843,19857,81091,02335,183114,248280,077341,506323,809202,465206,111177,152141,315138,393158,643146,550101,306146,854144,310237,890
42 ----------------1,6192,6712,5432,424
44 28,97834,19438,82756,6148,01744,80025,01772,356-53,41720,37441,32338,32534,11930,77644,2457,64452,60150,401130,650
440/4 28,97834,19438,82756,6148,01744,80025,01772,356-53,41720,37441,32338,32534,11930,77644,2457,64452,60150,401130,650
46 ---------------1,3692,054---
45 11,2108,9135,06511,87216,39350,5102,8648,51243,1772,9864,32434,0622,9213,8323,0835,4729,7879,6846,5108,627
450/3 10,5258,2282,9187,66411,20347,7183026,15040,3361452,00031,2361291,0902,4467803,2362,5142641,647
454/9 6856852,1484,2075,1902,7932,5622,3612,8412,8412,3242,8262,7912,7426374,6926,5517,1706,2466,980
47/48 3809113,91722,53810,77318,937252,195260,639280,632146,062181,414101,767100,070100,442124,78395,46580,20181,89884,85696,189
492/3 -----------1,9927,2001,44536,668-34,644-79015,527
Income statement
70 -----------------1.4m1.2m1.3m
76A -------18,451----128----19,0146,31712,428
9900 -67,019-8,14515,040-6,633169,287232,16564,63252,205108,31621,10723,827133,79325,44944,19383,69162,147104,09387,850193,24197,829
60/61 -----------------1.3m1.0m1.2m
62 --16231,34344,56435,73730,32741,81832,12338,23239,20234,09839,13238,49238,03038,66334,08338,80043,77132,58340,585
630 4,4282,5173,3936,1266,1266,1268,6249,72317,00518,73425,44222,32919,01123,08324,19317,68517,20019,19121,81321,327
631/4 ------------------1,949-
640/8 7,2719771,0131,0198831,7975076,6966354,1932026825591,1227215961,0612,0364,2143,196
66A -----3238463141282152101254356353902001556451451,596
9901 -78,718-11,477-20,710-58,342126,541193,59312,8383,34952,315-41,236-35,91571,649-32,613-18,04220,1149,78447,03222,852132,68232,721
75/76B 7,4455,98414,24938,38519,39253,33246,20456,08186,34753,88779,66849,40352,27649,57342,39340,72121,88931,92827,59718,480
75 7,4455,98414,24938,38519,39253,33246,20437,63186,34753,88779,66849,40352,27649,57342,39340,72121,88931,92827,59718,480
76B -------18,451------------
65/66B 431213390352-30,06027515,0749,25210,95811,9389,9909,7419,5099,9849,1297,1118,00811,8076,8954,712
65 431213390352-31,73327515,0749,25210,95811,9389,9909,7419,5099,9849,1297,1118,00811,8076,8954,712
66B ----1,673---------------
9903 -71,704-5,705-6,851-20,309175,993246,64943,96850,178127,70571333,553111,1869,84720,91152,98843,19460,75961,342159,55657,321
67/77 ----44,28053,2944,5805,77430,346145-31,2481621,9803,2567,41613,74934,45555,05865,903
9904 -71,704-5,705-6,851-20,309131,714193,35639,38844,40497,35956833,55379,9379,68518,93149,73135,77747,00926,887104,498-8,582
9905 -71,704-5,705-6,851-20,309131,714193,35639,38844,40497,35956833,55379,9379,68518,93149,73135,77747,00926,887104,498-8,582
Appropriation of the result
9906 766,390838,094843,799850,650870,959759,246585,890582,502568,098470,739498,170464,617384,680377,995389,064339,332313,555266,546239,659135,161
14P 838,094843,799850,650870,959739,246---------------
694/7 -----20,00020,00036,00030,000-28,000--3,00030,000-10,000---
695 -----20,00020,00036,00030,000-28,000--3,00030,000-10,000---
Social balance sheet
9087 ---1111.10.81111.111111.11.31.11.4
Hours worked1013 ---1,7141,1041,1041,8391,3281,7541,6981,3441,8321,6911,6721,8401,7391,8612,2851,7592,382
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 12 older financial years (1994-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00503001.

Financial year Type Filed Reference Document
31-12-2025 full format 31-08-2026 2026-00503001 PDF
31-12-2024 abbreviated format 31-08-2025 2025-00475661 PDF
31-12-2023 abbreviated format 31-08-2024 2024-00424104 PDF
31-12-2022 abbreviated format 02-06-2023 2023-00107096 PDF
31-12-2021 abbreviated format 20-06-2022 2022-20078592 PDF
31-12-2020 abbreviated format 14-06-2021 2021-19800483 PDF
31-12-2019 abbreviated format 20-07-2020 2020-32700041 PDF
31-12-2018 abbreviated format 28-06-2019 2019-25400353 PDF
31-12-2017 abbreviated format 23-07-2018 2018-36500571 PDF
31-12-2016 abbreviated format 30-06-2017 2017-25100530 PDF
31-12-2015 abbreviated format 30-06-2016 2016-25500283 PDF
31-12-2014 abbreviated format 23-07-2015 2015-33800296 PDF
31-12-2013 abbreviated format 20-06-2014 2014-19700486 PDF
31-12-2012 abbreviated format 21-05-2013 2013-12700037 PDF
31-12-2011 abbreviated format 29-05-2012 2012-13100379 PDF
31-12-2010 abbreviated format 11-07-2011 2011-28000461 PDF
31-12-2009 abbreviated format 30-07-2010 2010-37100560 PDF
31-12-2008 abbreviated format 28-08-2009 2009-70300009 PDF
31-12-2007 abbreviated format 04-07-2008 2008-36200225 PDF
31-12-2006 abbreviated format 31-07-2007 2007-53300008 PDF
31-12-2005 abbreviated format 05-07-2006 2006-41002168 PDF
31-12-2004 abbreviated format 22-06-2005 2005-30700359 PDF
31-12-2003 abbreviated format 28-07-2004 2004-52503733 PDF
31-12-2002 abbreviated format 28-11-2003 2003-81001977 PDF
31-12-2001 abbreviated format 25-09-2002 2002-58402924 PDF
31-12-2000 abbreviated format 13-09-2001 2001-56404515 PDF
31-12-1999 abbreviated format 27-06-2000 2000-30502447 PDF
31-12-1998 abbreviated format 12-08-1999 1999-41204022 PDF
31-12-1997 abbreviated format 18-08-1998 1998-41203346 PDF
31-12-1996 abbreviated format 30-06-1997 1997-25002559 PDF
31-12-1995 abbreviated format 26-07-1996 1996-37600218 PDF
31-12-1994 abbreviated format 21-06-1995 1995-27004783 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
-74,290-8,960-17,316-52,216132,667199,71921,46213,07369,320-22,502-10,47393,979-13,6025,04144,30727,46864,23242,043154,49554,048
-67,276-3,188-3,458-14,183137,839199,48248,01254,128114,36419,30258,995102,26728,69642,01573,92453,46264,21046,078126,31112,745
020,19200003,6008,030019,53328,72926,05639,40438153,6687,7301,41248,8634,30020,620
23,14369,04959,140-52,022-501,132517,8971,76422,200-5,8287,748-88,62355,71337,457-274,8248,82556,160180,72826,924-52,038-
834,551901,826925,207928,665942,848805,009625,527601,115577,152492,788493,019492,744421,741417,826407,579380,655369,567282,884289,130184,400
-----------------1.6%10.7%2.5%
95.5%95.5%94.1%91.1%96.5%87.8%69.9%64.9%65.8%73.3%73.0%75.4%76.0%76.7%69.5%74.4%74.1%70.3%68.5%45.9%
21.5721.8817.0011.2027.808.053.232.762.783.433.393.783.984.023.573.604.652.933.001.78
14.7013.706.363.3112.705.641.661.261.221.391.562.222.242.582.472.592.671.471.731.13
0.050.050.060.100.040.140.430.540.520.360.370.330.320.300.440.340.350.420.461.18
-8.4%-0.6%-0.7%-2.2%13.8%23.4%6.0%7.0%15.6%0.1%6.0%14.5%2.1%4.1%11.2%8.4%12.1%7.6%32.1%-3.9%
-8.0%-0.6%-0.7%-2.0%13.3%20.6%4.2%4.6%10.3%0.1%4.4%11.0%1.6%3.2%7.8%6.3%9.0%5.4%22.0%-1.8%
-172.54-42.08-44.36-148.28-4.18---------------
-----------------5 days24 days52 days
-----------------14 days18 days39 days

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202231-12-2021
Employees at the balance-sheet date11
full-time11
in full-time equivalents11
11
On a permanent contract11
Joined1-
Left0-

Source: social balance sheet in the 2021 to 2022 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€20,192---
€4,428€2,517€3,393€6,126€6,126

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on INTERCYCLE

The operating result for 2025 is a loss of €78,718, larger than the loss of €11,477 in 2024. It is the lowest result since 2006.

Debt's share of the balance-sheet total rises from 4.5% to 4.5%. Equity and debt are lower.

Board & ownership

Board

1 director, no change since 2022
Ronny Crokaert
Sole director
appointed by deed of 01-09-2022
earlier director, until 17-01-2022
listed in the 2025 annual accounts, filed on 31-08-2026

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
Ronny Crokaert
Sole director
Kevin Crokaert
Director
Wendy Crokaert
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • Ronny Crokaert
    • Sole director (not named in the articles), from before 24-12-2021 to 17-01-2022
    • Sole director, appointed by deed of 01-09-2022, still in office
  • Kevin Crokaert
    • Director, until 17-01-2022
  • Wendy Crokaert
    • Director, until 17-01-2022

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€62,000
Shares
125
Contribution per share
€496
Equity per share
€6,817 in 2025
Source
deed of 17-01-2022

Articles of association

deed of 17-01-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, algemene vergadering bepaalt”
“Algemene vergadering anders bij gewone meerderheid, alle verrichtingen vermeld in de wet”

Network & group

No group

INTERCYCLE has no parent and no holdings in its annual accounts. Ronny Crokaert is the only director. INTERCYCLE shares no director with another company.

At the same address

Zakstraat 86, 1700 Dilbeek · 2 other companies
B-EXCLUSIVE
registered office since 03-06-2005 · founded in 2005
 total assets €717,901 (2025)
0874.243.776
intercycle group
registered office since 01-04-2014
 founded in 2014
0546.806.123

Timeline

Timeline

44 events since 1993

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 31 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0451302396
2025
Weakest financial year net -€71,704 The net result drops to -€71,704, the lowest from 2006 to 2025.
Annual accounts 2024 filed PDFabbreviated format · 31 days late
2024
Annual accounts 2023 filed PDFabbreviated format · 31 days late
2023
Annual accounts 2022 filed PDFabbreviated format · 59 days before the deadline
2022
Appointment: Ronny Crokaert (sole director)General meeting of 20-06-20222 points ▸
  • General meeting, 20-06-2022
  • Director appointment, Ronny Crokaert (sole director)

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFabbreviated format · 41 days before the deadline
3 directors resigning, 1 reappointmentResignations: Kevin Crokaert, Wendy Crokaert and Ronny Crokaert · Reappointment: Ronny Crokaert (sole director) · Director discharge: Kevin Crokaert9 points ▸

Open the deed in the Belgian Official Gazette

2021
Liquidity more than triples current ratio 27.80 The current ratio rises from 8.05 to 27.80. Short-term debt falls from €114,248 to €35,183.
Annual accounts 2020 filed PDFabbreviated format · 47 days before the deadline
2020
Highest result from 2006 to 2025 net €193,356 ▲391% The operating result of €193,593 and the net result of €193,356 are both a record.
Liquidity more than doubled current ratio 8.05 The current ratio rises from 3.23 to 8.05. Short-term debt falls from €280,077 to €114,248.
Annual accounts 2019 filed PDFabbreviated format · 11 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 33 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 8 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 31 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days before the deadline
New establishment in Grimbergen Kleinewinkellaan 22
2015
Annual accounts 2014 filed PDFabbreviated format · 8 days before the deadline
2014
Equity above €500,000 equity €550,317 ▲17% After 8 profitable years in a row, equity reaches €550,317.
Annual accounts 2013 filed PDFabbreviated format · 41 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 71 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 63 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 20 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 1 day before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 28 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 27 days before the deadline
2007
Back to profit net €104,498 The net result is €104,498, after one loss-making year.
Annual accounts 2006 filed PDFabbreviated format · on the deadline day
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1993
First establishment Zakstraat 86, Dilbeek
Incorporation published on 21-12-1993

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

INTERCYCLE was incorporated on 26 November 1993.1 Ronny Crokaert is sole director of the company, appointed by deed of 01-09-2022.2 Total assets went from €973,709 in 2018 to €892,658 in 2025 and headcount from 0.8 full-time equivalents in 2018 to 1 in 2022.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 01-09-2022
  3. 3National Bank, annual accounts 2018, 2022 and 2025

Company details

Identity

Enterprise number
0451.302.396
VAT number
BE 0451.302.396
Peppol ID
0208:0451302396
Other Peppol ID
9925:BE0451302396
Legal form
Public limited company
Status
Active, normal situation
Founded
26-11-1993
Financial year
ends on 31 December
Peppol
Reachable since 22-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
INTERCYCLE in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-01-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 17-01-2022 (in Dutch)

Activities

NACEBEL 2025
46495 Wholesale trade main activity
30920 Manufacture of other transport equipment
Joint committees annual accounts 2025
JC 149.04 Metal trade
Codes under NACEBEL 2008
46495 Wholesale trade main activity
30920 Manufacture of other transport equipment
PurposeThe purpose describes the activities the company may carry out under its articles.
“Om het even welke industriële,commerciële,financiële,burgerlijke roerende of onroerende verrichtingen,die rechtstreeks of onrechtstreeks in…”
13 activities
  1. Om het even welke industriële,commerciële,financiële,burgerlijke roerende of onroerende verrichtingen,die rechtstreeks of onrechtstreeks in verband staan met de aankoop,verkoop,afstand,ruiling,beheer van alle roerende waarden,aandelen obligaties,overheidsfondsen
  2. Import,export en fabrikatie met verkoop aan de groothandel,kleinhandel en eindverbruiker,van sport-,speelgoed- en vrijetijdsartikelen,fitnessapparaten,fietsen,fietsonderdelen en toebehoren,geschenkartikelen,sport- en vrijetijdskleding in het algemeen,binnenhuisinrichting,van alle roerende en onroerende rechten en goederen te doen
  3. De deelname onder welke vorm ook in alle vennootschappen,industriële,handels,financiële,onroerende en alle bestaande of op te richten ondernemingen,en financiële verrichtingen stellen
  4. De huur en de verhuring van alle onroerende goederen,leasing,huren en verhuren van alle roerende goederen
  5. Optreden als tussenpersoon in de handel en het verstrekken van administratieve diensten,voor zover de wet het toelaat,dit alles in de breedste zin van het woord,en verlening van diensten aan ondernemingen in de meest ruime betekenis
  6. De agentuur en het optreden als tussenpersoon,commissionering in de handel
  7. Om het even welke gelijkaardige handelingen stellen die van aard zijn de verwezenlijking van haar voorwerp te vergemakkelijken of uit te breiden
  8. Rechtstreeks of onrechtstreeks,belangen nemen door inbreng,afstand,fusie,inschrijving of aankoop van effecten,financiële tussenkomst of op welke wijze ook,in zaken,onderneming,verenigingen of vennootschappen die eenzelfde,gelijkaardig of samenhangend voorwerp nastreven of eenvoudig nuttig zouden zijn tot de verwezenlijking van haar voorwerp
  9. Alle roerende en onroerende goederen die nodig zijn tot de verwezenlijking van het voorwerp kopen,in huur nemen,verhuren,oprichten,verkopen of ruilen
  10. Alle vergunningen nemen,bekomen en afstaan
  11. In het algemeen,alles verrichten dat rechtstreeks of onrechtstreeks bij het voorwerp aansluit
  12. Optreden als bestuurder of vereffenaar in andere vennootschappen
  13. Borg stellen voor derden
deed of 17-01-2022 (in Dutch)

Registered office and establishments

2 establishments
Establishment Since Unit number
Zakstraat 86 registered office 1700 Dilbeek 46496 Wholesale trade 10-12-1993 2.064.607.188
Kleinewinkellaan 22 1853 Grimbergen 29-06-2016 2.254.640.581

Buildings and parcels at the addresses

Ground area
1.8 ha
Buildings
1,116 m²
Volume, LiDAR
7,102 m³
Tallest building
14.0 m
Buildings to scale, each on its own parcel
955 m², 14.0 m 161 m², 8.1 m 955 m², 14.0 m 161 m², 8.1 m

Location

registered office establishment All 2 establishment units on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
23084A0278/00D0001.7 ha 1 · 955 m² 14.0 m · 2
23352G0021/00C000847 m² 1 · 161 m² 8.1 m · 2

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