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INTERFACE FORMATION

Active
Private limited company (pre-2019)founded 2005active for 21 yearsAvenue de la Sauge(JB) 26, 5100 Namur, BelgiumKBO/BCE: BE 0875.253.368
Summary

The computed 12-month bankruptcy probability of INTERFACE FORMATION is 21.9% (high). For INTERFACE FORMATION, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€25,928) and a net result of -€210. Equity remains stable across the filed financial years (±1.3% per year). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2021, micro format

2022 annual accounts not yet filed, deadline passed on 30 April 2023 Financial year closed on 30 September 2022; filing due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 12 October 2026.

Equity
-€25,928▼ 0.8%
2020 · -€25,718
Total assets
€384▲ 97.1%
2020 · €195
Net result
-€210
2020 · €875
Working capital
-€25,233▲ 0.5%
2020 · -€25,370
Trend over the years

2019 to 2021, 3 financial years 2019 to 2021, 3 financial years

The operating result turns negative in 2021: a loss of €114 after €1,014 in 2020, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€114 2021 Net result-€210 2021

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021
Operating result€686-€1,014▲ 47.7%-€114
Net result€558-€875▲ 56.9%-€210
Equity-€26,593--€25,718▲ 3.3%-€25,928▼ 0.8%
Total assets€277-€195▼ 29.5%€384▲ 97.1%
Debt€26,870-€25,913▼ 3.6%€26,312▲ 1.5%
Working capital-€26,593--€25,370▲ 4.6%-€25,233▲ 0.5%
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2021 value · change against 2020
Debt ≤ 1 year
€25,617▲
2020 · €25,565
Ratios withheld: a balance sheet total of €384 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 28 lines
Balance sheet Code20202021
Assets
Total assets20/58€195€384▲
Current assets29/58€195€384▲
Amounts receivable within one year40/41€43€384▲
Trade receivables40-€363
Other amounts receivable41-€21
Cash at bank and in hand54/58€152€0▼
Equity and liabilities
Total equity and liabilities10/49€195€384▲
Equity10/15-€25,718-€25,928▼
Contributions10/11-€6,200
Reserves13€1,855€1,855=
Non-distributable reserves130/1-€1,855
Reserves not available under the articles1311-€1,855
Profit (loss) carried forward14-€33,773-€33,983▼
Amounts payable17/49€25,913€26,312▲
Amounts payable within one year42/48€25,565€25,617▲
Trade debts44€45€91▲
Suppliers440/4-€91
Other amounts payable47/48-€25,526
Accrued charges and deferred income492/3-€695
Income statement Code20202021
Gross operating margin9900€1,014-€114▼
Operating profit (loss)9901€1,014-€114▼
Financial charges65/66B-€96
Recurring financial charges65€139€96▼
Profit (loss) for the period before taxes9903€875-€210▼
Profit (loss) for the period9904€875-€210▼
Profit (loss) for the period to be appropriated9905€875-€210▼
Appropriation of the result
Profit (loss) to be appropriated9906--€33,983
Profit (loss) brought forward from the previous period14P--€33,773

The notes to these accounts (45 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Gross operating margin9900€686€1,014-€114-
Operating profit (loss)9901€686€1,014-€114-
Financial charges65/66B--€96-
Recurring financial charges65€129€139€96▼ 30.9%
Profit (loss) for the period before taxes9903€558€875-€210-
Profit (loss) for the period9904€558€875-€210-
Profit (loss) for the period to be appropriated9905€558€875-€210-
Line201920202021Change
Assets
Total assets20/58€277€195€384▲ 97.1%
Current assets29/58€277€195€384▲ 97.1%
Amounts receivable within one year40/41€276€43€384▲ 794%
Trade receivables40--€363-
Other amounts receivable41--€21-
Cash at bank and in hand54/58€0€152€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€277€195€384▲ 97.1%
Equity10/15-€26,593-€25,718-€25,928▼ 0.8%
Contributions10/11€6,200-€6,200-
Reserves13€1,855€1,855€1,855=
Non-distributable reserves130/1--€1,855-
Reserves not available under the articles1311--€1,855-
Profit (loss) carried forward14-€34,648-€33,773-€33,983▼ 0.6%
Amounts payable17/49€26,870€25,913€26,312▲ 1.5%
Amounts payable within one year42/48€26,870€25,565€25,617▲ 0.2%
Trade debts44-€45€91▲ 102%
Suppliers440/4--€91-
Other amounts payable47/48--€25,526-
Accrued charges and deferred income492/3--€695-
Line201920202021Change
Profit (loss) for the period9904€558€875-€210-
Operating cash flow (approximation)€558€875-€210-
Change in cash-€152-€152-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.