INTERDENT
ActiveFinancials · financial year 2025, full format
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, 2026-00506901.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 42 filings
Turnover
≈ €5,800
Estimated: probably between €2,400 and €14,000
EBIT margin
Not included in this filing
Net result
-€13,466▲ 4.9%
2024 · -€14,164
Working capital
€8,606▼ 57.1%
2024 · €20,053
In the rankings
#8 oldest company in Flemish Brabant, Other manufacturing sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€12,805
▼ 10.5%
2025
20182025
Net result
-€13,466
▲ 4.9%
2025
middle half of the sector
20182025
Equity
€44,101
▼ 23.4%
2025
lowest quarter of the sector
20182025
Total assets
€78,115
▼ 20.7%
2025
lowest quarter of the sector
20182025
Debt
€34,014
▼ 16.9%
2025
20182025
Working capital
€8,606
▼ 57.1%
2025
lowest quarter of the sector
20182025
Solvency
56.5%
▼ 2.0pp
2025
middle half of the sector
20182025
Current ratio
1.33
▼ 0.56
2025
middle half of the sector
20182025
Return on assets (ROA)
-17.2%
▼ 2.9pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€6,584--€1,614▲ 75.5%€2,316€590▼ 74.5%-€407-€19,804▼ 4,764%-€11,591▲ 41.5%-€12,805▼ 10.5%
Net result-€4,362-€3,338€5,785within the sector's middle half▲ 73.3%€1,268within the sector's middle half▼ 78.1%-€892within the sector's middle half-€22,184below the sector's middle half▼ 2,388%-€14,164below the sector's middle half▲ 36.2%-€13,466within the sector's middle half▲ 4.9%
Equity€84,417-€87,755▲ 4.0%€93,540below the sector's middle half▲ 6.6%€94,807within the sector's middle half▲ 1.4%€93,916within the sector's middle half▼ 0.9%€71,731below the sector's middle half▼ 23.6%€57,567below the sector's middle half▼ 19.7%€44,101below the sector's middle half▼ 23.4%
Total assets€142,667-€138,498▼ 2.9%€137,926below the sector's middle half▼ 0.4%€167,502within the sector's middle half▲ 21.4%€166,539within the sector's middle half▼ 0.6%€119,618below the sector's middle half▼ 28.2%€98,496below the sector's middle half▼ 17.7%€78,115below the sector's middle half▼ 20.7%
Debt€58,250-€50,743▼ 12.9%€44,386▼ 12.5%€72,694▲ 63.8%€72,623▼ 0.1%€47,887▼ 34.1%€40,929▼ 14.5%€34,014▼ 16.9%
Working capital€70,364-€71,827▲ 2.1%€75,606within the sector's middle half▲ 5.3%€51,013within the sector's middle half▼ 32.5%€62,627within the sector's middle half▲ 22.8%€28,913within the sector's middle half▼ 53.8%€20,053within the sector's middle half▼ 30.6%€8,606below the sector's middle half▼ 57.1%
Solvency59.2%-63.4%▲ 4.2pp67.8%within the sector's middle half▲ 4.5pp56.6%within the sector's middle half▼ 11.2pp56.4%within the sector's middle half▼ 0.2pp60.0%within the sector's middle half▲ 3.6pp58.4%within the sector's middle half▼ 1.5pp56.5%within the sector's middle half▼ 2.0pp
Current ratio6.35-7.81▲ 1.469.20above the sector's middle half▲ 1.394.00above the sector's middle half▼ 5.214.25above the sector's middle half▲ 0.262.70within the sector's middle half▼ 1.551.89within the sector's middle half▼ 0.821.33within the sector's middle half▼ 0.56
Return on assets (ROA)-3.1%-2.4%▲ 5.5pp4.2%within the sector's middle half▲ 1.8pp0.8%within the sector's middle half▼ 3.4pp-0.5%within the sector's middle half▼ 1.3pp-18.5%below the sector's middle half▼ 18.0pp-14.4%below the sector's middle half▲ 4.2pp-17.2%below the sector's middle half▼ 2.9pp
Staff (FTE)0.1-
above
within
below
The sector band is the middle half of the companies in Other manufacturing (NACE 32). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €12,805, larger than the loss of €11,591 in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78,115
Fixed assets
€43,394 ▼ 22.3%
Current assets
€34,721 ▼ 18.6%
Equity and liabilities €78,115
Equity
€44,101 ▼ 23.4%
Debt
€34,014 ▼ 16.9%
Debt's share of the balance-sheet total rises from 41.6% to 43.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€375▼
2024 · €6,308
Cash flow
-€1,036▼
2024 · €3,735
Debt to equity
0.77▲
2024 · 0.71
ROE
-30.5%▼
2024 · -24.6%
Interest coverage
-0.50▼
2024 · 6.33
Debt ≤ 1 year
€26,115▲
2024 · €22,620
Debt > 1 year
€7,898▼
2024 · €18,310
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €54,460 | €1,143 | €6,196 | - | - |
| Depreciation and write-downs of the year | €8,103 | €15,957 | €17,116 | €17,899 | €12,430 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,030 | €3,030 | €3,030 | €8,103 | €15,957 | €17,116 | €17,899 | €12,430 | ▼ 30.6% |
| Other operating charges640/8 | - | - | - | €2,161 | €1,005 | €734 | €2,182 | €1,232 | ▼ 43.5% |
| Gross operating margin9900 | -€347 | €1,957 | €5,961 | €10,853 | €16,555 | -€1,954 | €8,490 | €857 | ▼ 89.9% |
| Operating profit (loss)9901 | -€6,584 | -€1,614 | €2,316 | €590 | -€407 | -€19,804 | -€11,591 | -€12,805 | ▼ 10.5% |
| Financial income75/76B | - | - | - | €2,362 | €1,600 | €603 | €16 | €90 | ▲ 456% |
| Recurring financial income75 | €5,879 | €5,034 | €5,026 | €2,362 | €1,600 | €603 | €16 | €90 | ▲ 456% |
| Financial charges65/66B | - | - | - | €1,505 | €2,084 | €1,238 | €997 | €752 | ▼ 24.6% |
| Recurring financial charges65 | €2,157 | €1,582 | €1,557 | €1,505 | €2,084 | €1,238 | €997 | €752 | ▼ 24.6% |
| Profit (loss) for the period before taxes9903 | -€2,862 | €1,838 | €5,785 | €1,446 | -€892 | -€20,439 | -€12,572 | -€13,466 | ▼ 7.1% |
| Income taxes67/77 | €1,500 | -€1,500 | - | €178 | - | €1,745 | €1,592 | - | - |
| Profit (loss) for the period9904 | -€4,362 | €3,338 | €5,785 | €1,268 | -€892 | -€22,184 | -€14,164 | -€13,466 | ▲ 4.9% |
| Profit (loss) for the period to be appropriated9905 | -€4,362 | €3,338 | €5,785 | €1,268 | -€892 | -€22,184 | -€14,164 | -€13,466 | ▲ 4.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €142,667 | €138,498 | €137,926 | €167,502 | €166,539 | €119,618 | €98,496 | €78,115 | ▼ 20.7% |
| Fixed assets21/28 | €59,160 | €56,130 | €53,100 | €99,457 | €84,643 | €73,723 | €55,824 | €43,394 | ▼ 22.3% |
| Tangible fixed assets22/27 | €58,831 | €55,801 | €52,772 | €99,129 | €84,315 | €73,395 | €55,495 | €43,066 | ▼ 22.4% |
| Land and buildings22 | - | - | - | €48,070 | €46,431 | €44,793 | €43,154 | €41,515 | ▼ 3.8% |
| Plant, machinery and equipment23 | - | - | - | €4,495 | €4,071 | €5,071 | €2,297 | €447 | ▼ 80.5% |
| Furniture and vehicles24 | - | - | - | €45,563 | €32,879 | €22,665 | €9,245 | €370 | ▼ 96.0% |
| Other tangible fixed assets26 | - | - | - | €1,000 | €934 | €867 | €800 | €733 | ▼ 8.3% |
| Financial fixed assets28 | €328 | €328 | €328 | €328 | €328 | €328 | €328 | €328 | = |
| Current assets29/58 | €83,507 | €82,368 | €84,826 | €68,045 | €81,896 | €45,895 | €42,673 | €34,721 | ▼ 18.6% |
| Amounts receivable within one year40/41 | €82,475 | €82,368 | €57,107 | €40,240 | €28,227 | €8,806 | €11,056 | €2,081 | ▼ 81.2% |
| Trade receivables40 | - | - | - | €11,821 | €10,522 | €7,149 | - | €1,827 | - |
| Other amounts receivable41 | - | - | - | €28,419 | €17,704 | €1,658 | €11,056 | €254 | ▼ 97.7% |
| Cash at bank and in hand54/58 | - | - | €27,719 | €27,804 | €53,669 | €37,089 | €31,617 | €32,612 | ▲ 3.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €28 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €142,667 | €138,498 | €137,926 | €167,502 | €166,539 | €119,618 | €98,496 | €78,115 | ▼ 20.7% |
| Equity10/15 | €84,417 | €87,755 | €93,540 | €94,807 | €93,916 | €71,731 | €57,567 | €44,101 | ▼ 23.4% |
| Contributions10/11 | €69,460 | €69,460 | €69,460 | €69,460 | €69,460 | €69,460 | €69,460 | €69,460 | = |
| Capital10 | - | - | - | €69,460 | €69,460 | €69,460 | €69,460 | €69,460 | = |
| Issued capital100 | - | - | - | €69,460 | €69,460 | €69,460 | €69,460 | €69,460 | = |
| Reserves13 | €22,898 | €22,898 | €22,898 | €22,898 | €22,898 | €22,898 | €22,898 | €22,898 | = |
| Non-distributable reserves130/1 | - | - | - | €6,946 | €6,946 | €6,946 | €6,946 | €6,946 | = |
| Legal reserve130 | - | - | - | €6,946 | €6,946 | €6,946 | €6,946 | €6,946 | = |
| Distributable reserves133 | - | - | - | €15,952 | €15,952 | €15,952 | €15,952 | €15,952 | = |
| Profit (loss) carried forward14 | -€7,941 | -€4,603 | €1,182 | €2,450 | €1,558 | -€20,626 | -€34,791 | -€48,257 | ▼ 38.7% |
| Amounts payable17/49 | €58,250 | €50,743 | €44,386 | €72,694 | €72,623 | €47,887 | €40,929 | €34,014 | ▼ 16.9% |
| Amounts payable after more than one year17 | €45,107 | €40,202 | €35,166 | €55,663 | €43,355 | €30,905 | €18,310 | €7,898 | ▼ 56.9% |
| Financial debts170/4 | - | - | - | €55,663 | €43,355 | €30,905 | €18,310 | €7,898 | ▼ 56.9% |
| Amounts payable within one year42/48 | €13,143 | €10,541 | €9,220 | €17,032 | €19,268 | €16,982 | €22,620 | €26,115 | ▲ 15.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,170 | €12,308 | €12,450 | €12,595 | €10,411 | ▼ 17.3% |
| Trade debts44 | €5,866 | €3,136 | €1,300 | €1,672 | €3,442 | €1,552 | €3,118 | €121 | ▼ 96.1% |
| Suppliers440/4 | - | - | - | €1,672 | €3,442 | €1,552 | €3,118 | €121 | ▼ 96.1% |
| Taxes, remuneration and social security45 | - | - | - | €3,190 | €3,519 | €2,980 | €3,439 | €3,650 | ▲ 6.1% |
| Taxes450/3 | - | - | - | €3,190 | €3,519 | €2,980 | €3,439 | €3,650 | ▲ 6.1% |
| Other amounts payable47/48 | - | - | - | - | - | - | €3,467 | €11,933 | ▲ 244% |
| Accrued charges and deferred income492/3 | - | - | - | - | €10,000 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,362 | €3,338 | €5,785 | €1,268 | -€892 | -€22,184 | -€14,164 | -€13,466 | ▲ 4.9% |
| + Depreciation and write-downs630 | €3,030 | €3,030 | €3,030 | €8,103 | €15,957 | €17,116 | €17,899 | €12,430 | ▼ 30.6% |
| Operating cash flow (approximation) | -€1,332 | €6,368 | €8,815 | €9,370 | €15,066 | -€5,068 | €3,735 | -€1,036 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€54,460 | -€1,143 | -€6,196 | €0 | €0 | - |
| Change in cash | - | - | - | €85 | €25,865 | -€16,580 | -€5,472 | €995 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,831 companies had the same profile as INTERDENT has now. Two years later, 84.6% were still going and 1.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
84.6%
was still going
13.4%
stopped otherwise
1.7%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of INTERDENT itself is lower: 0.3% within 12 months. It rests on far more data about INTERDENT than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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 5,831 companies, not a prediction for INTERDENT. 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.
Latest 10 of 42 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-08-2026 | 2026-00506901 | |
| 31-12-2024 | abbreviated format | 30-07-2025 | 2025-00329719 | |
| 31-12-2023 | abbreviated format | 30-09-2024 | 2024-00485648 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00376284 | |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20319696 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-60400367 | |
| 31-12-2019 | abbreviated format | 24-08-2020 | 2020-44100290 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-62200183 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-58700138 | |
| 31-12-2016 | abbreviated format | 29-09-2017 | 2017-65500361 |