Financials · financial year 2025, full format, standalone accounts
Annual accounts 2025 filed on 09-07-2026 at the NBB Consolidated accounts 2025 at the NBB all 75 filings
Equity
€1.25bn▲ 14.0%
2024 · €1.09bn
Net result
€83.0m▼ 13.9%
2024 · €96.5m
Total assets
€1.31bn▲ 13.3%
2024 · €1.16bn
Solvency
95.1%▲ 0.6pp
2024 · 94.5%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €742,579, larger than the loss of €677,399 in 2024.
Operating result-€0.7m
2025
Net result€83.0m
2025
Total assets€1,309.9m
2025
Equity€1,245.5m
2025
Debt€62.3m
2025
Working capital-€30.9m
2025
Return on assets (ROA)6.3%
2025
Solvency95.1%
2025
Current ratio0.50
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.5m--€0.6m▼ 9.7%-€1.3m▼ 121%-€0.8m▲ 41.4%-€0.8m▼ 4.6%-€0.7m▲ 17.2%-€0.7m▼ 2.3%-€0.7m▼ 9.6%
Net result€64.4m-€69.0m▲ 7.2%€66.3m▼ 4.0%€65.4m▼ 1.4%€65.0m▼ 0.6%€68.8m▲ 5.8%€96.5m▲ 40.2%€83.0mabove the sector's middle half▼ 13.9%
Equity€986.7m-€1,057.1m▲ 7.1%€1,116.2m▲ 5.6%€1,175.5m▲ 5.3%€1,231.3m▲ 4.7%€1,178.5m▼ 4.3%€1,092.8m▼ 7.3%€1,245.5mabove the sector's middle half▲ 14.0%
Total assets€1,048.2m-€1,119.5m▲ 6.8%€1,183.7m▲ 5.7%€1,237.3m▲ 4.5%€1,294.5m▲ 4.6%€1,248.8m▼ 3.5%€1,156.0m▼ 7.4%€1,309.9mabove the sector's middle half▲ 13.3%
Debt€59.3m-€60.3m▲ 1.6%€65.3m▲ 8.3%€59.8m▼ 8.5%€61.1m▲ 2.3%€68.3m▲ 11.6%€61.2m▼ 10.4%€62.3m▲ 1.9%
Working capital-€23.8m--€35.0m▼ 46.9%-€44.9m▼ 28.5%-€39.8m▲ 11.3%-€47.2m▼ 18.4%-€64.8m▼ 37.4%-€25.4m▲ 60.7%-€30.9mbelow the sector's middle half▼ 21.6%
Solvency94.1%-94.4%▲ 0.3pp94.3%▼ 0.1pp95.0%▲ 0.7pp95.1%▲ 0.1pp94.4%▼ 0.7pp94.5%▲ 0.2pp95.1%above the sector's middle half▲ 0.6pp
Current ratio0.60-0.42▼ 0.180.31▼ 0.110.33▲ 0.020.23▼ 0.110.05▼ 0.180.58▲ 0.530.50within the sector's middle half▼ 0.08
Return on assets (ROA)6.1%-6.2%=5.6%▼ 0.6pp5.3%▼ 0.3pp5.0%▼ 0.3pp5.5%▲ 0.5pp8.3%▲ 2.8pp6.3%within the sector's middle half▼ 2.0pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31bn
Fixed assets
€1.28bn ▲ 14.1%
Current assets
€31.4m ▼ 11.8%
Equity and liabilities €1.31bn
Equity
€1.25bn ▲ 14.0%
Provisions
€2.0m =
Debt
€62.3m ▲ 1.9%
Debt's share of the balance-sheet total falls from 5.3% to 4.8%. Equity and debt are higher.
Key figures and ratios
ROE
6.7%▼
2024 · 8.8%
Debt ≤ 1 year
€62.3m▲
2024 · €61.1m
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 | - | - | - | €7,161 | €137,058 |
| Financial fixed assets | - | €25.1m | €25.8m | - | €26.9m |
| Depreciation and write-downs of the year | €13,181 | €13,470 | €13,470 | €13,798 | €18,050 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €8,242 | €19,800 | €9,900 | €12,200 | €12,200 |
| Other work by the auditor | - | €720 | €760 | €760 | €950 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Group figures
INTERFIN heads a group. The consolidated accounts add up the company and its subsidiaries.
| Item | 2025 |
|---|---|
| Turnover | €396.2m |
| Operating result | €93.9m |
| Result for the year | €96.1m |
| Equity | €1.40bn |
| Total assets | €2.07bn |
Source: 2025 consolidated accounts
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0.6m | €0.3m | €0.3m | €0.4m | €0.4m | ▼ 9.8% |
| Other operating income74 | - | - | - | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▼ 9.8% |
| Non-recurring operating income76A | - | - | - | €0.3m | - | - | - | - | - |
| Operating charges60/66A | - | - | - | €1.3m | €1.1m | €0.9m | €1.1m | €1.1m | ▲ 2.0% |
| Services and other goods61 | - | - | - | €0.9m | €0.4m | €0.4m | €0.6m | €0.7m | ▲ 4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 30.8% |
| Other operating charges640/8 | - | - | - | €0.4m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 1.5% |
| Operating profit (loss)9901 | -€0.5m | -€0.6m | -€1.3m | -€0.8m | -€0.8m | -€0.7m | -€0.7m | -€0.7m | ▼ 9.6% |
| Financial income75/76B | - | - | - | €67.3m | €66.6m | €69.7m | €97.3m | €83.8m | ▼ 13.9% |
| Recurring financial income75 | €66.9m | €68.0m | €68.5m | €66.4m | €66.3m | €69.7m | €79.5m | €77.4m | ▼ 2.6% |
| Income from financial fixed assets750 | - | - | - | €66.1m | €66.3m | €69.7m | €79.3m | €76.8m | ▼ 3.1% |
| Income from current assets751 | - | - | - | €0.2m | €195 | €0.04m | €0.2m | €0.6m | ▲ 165% |
| Non-recurring financial income76B | - | - | - | €1.0m | €0.3m | €45 | €17.8m | €6.4m | ▼ 64.1% |
| Financial charges65/66B | - | - | - | €1.2m | €0.7m | €0.3m | €0.2m | €0.06m | ▼ 67.6% |
| Recurring financial charges65 | €0.01m | €0.2m | €0.02m | €1.2m | €0.3m | €0.3m | €0.2m | €0.06m | ▼ 67.6% |
| Debt charges650 | - | €0.001m | €0.005m | - | - | €0.3m | €0.1m | €0.03m | ▼ 77.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €1.1m | -€1.1m | - | - | - | - |
| Other financial charges652/9 | - | - | - | €0.02m | €1.4m | €0.03m | €0.03m | €0.02m | ▼ 24.0% |
| Non-recurring financial charges66B | - | - | - | - | €0.4m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €64.4m | €69.0m | €66.3m | €65.4m | €65.0m | €68.8m | €96.5m | €83.0m | ▼ 13.9% |
| Income taxes67/77 | €0.03m | -€0.002m | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €64.4m | €69.0m | €66.3m | €65.4m | €65.0m | €68.8m | €96.5m | €83.0m | ▼ 13.9% |
| Profit (loss) for the period to be appropriated9905 | €64.4m | €69.0m | €66.3m | €65.4m | €65.0m | €68.8m | €96.5m | €83.0m | ▼ 13.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1,048.2m | €1,119.5m | €1,183.7m | €1,237.3m | €1,294.5m | €1,248.8m | €1,156.0m | €1,309.9m | ▲ 13.3% |
| Fixed assets21/28 | €1,012.7m | €1,094.2m | €1,163.6m | €1,217.4m | €1,280.6m | €1,245.4m | €1,120.3m | €1,278.5m | ▲ 14.1% |
| Tangible fixed assets22/27 | €1.1m | €1.1m | €1.2m | €0.7m | €0.7m | €0.7m | €0.7m | €0.8m | ▲ 18.0% |
| Land and buildings22 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.8m | ▲ 18.0% |
| Financial fixed assets28 | €1,011.6m | €1,093.1m | €1,162.5m | €1,216.7m | €1,279.9m | €1,244.7m | €1,119.7m | €1,277.7m | ▲ 14.1% |
| Affiliated companies280/1 | - | - | - | €756.5m | €756.5m | €756.5m | €756.5m | €756.5m | = |
| Participating interests280 | - | - | - | €756.5m | €756.5m | €756.5m | €756.5m | €756.5m | = |
| Other financial fixed assets284/8 | - | - | - | €460.3m | €523.4m | €488.3m | €363.2m | €521.3m | ▲ 43.5% |
| Shares284 | - | - | - | €460.3m | €523.4m | €488.3m | €363.2m | €521.3m | ▲ 43.5% |
| Current assets29/58 | €35.5m | €25.3m | €20.1m | €19.9m | €14.0m | €3.4m | €35.6m | €31.4m | ▼ 11.8% |
| Amounts receivable within one year40/41 | €2.0m | €2.7m | €3.0m | €1.6m | €3.1m | €3.3m | €1.9m | €28.0m | ▲ 14× |
| Trade receivables40 | - | - | - | - | - | - | €0.04m | €0.009m | ▼ 74.7% |
| Other amounts receivable41 | - | - | - | €1.6m | €3.1m | €3.3m | €1.9m | €27.9m | ▲ 15× |
| Current investments50/53 | €21.3m | €16.1m | €16.1m | €15.0m | - | - | €33.5m | €3.2m | ▼ 90.4% |
| Other investments51/53 | - | - | - | €15.0m | - | - | €33.5m | €3.2m | ▼ 90.4% |
| Cash at bank and in hand54/58 | €12.3m | €6.5m | €1.0m | €3.4m | €10.9m | €0.1m | €0.2m | €0.1m | ▼ 46.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | - | €163 | €0.05m | €0.2m | ▲ 211% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1,048.2m | €1,119.5m | €1,183.7m | €1,237.3m | €1,294.5m | €1,248.8m | €1,156.0m | €1,309.9m | ▲ 13.3% |
| Equity10/15 | €986.7m | €1,057.1m | €1,116.2m | €1,175.5m | €1,231.3m | €1,178.5m | €1,092.8m | €1,245.5m | ▲ 14.0% |
| Contributions10/11 | €169.5m | €169.5m | - | €286.5m | €286.5m | €286.5m | €286.5m | €286.5m | = |
| Revaluation surpluses12 | - | - | - | €249.4m | €300.9m | €240.0m | €118.5m | €250.1m | ▲ 111% |
| Reserves13 | €619.2m | €628.3m | €633.7m | €639.7m | €643.9m | €652.1m | €687.8m | €709.0m | ▲ 3.1% |
| Non-distributable reserves130/1 | - | - | - | €22.5m | €21.8m | €20.7m | €19.7m | €17.9m | ▼ 9.3% |
| Reserves not available under the articles1311 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Other1319 | - | - | - | €22.5m | €21.8m | €20.7m | €19.7m | €17.9m | ▼ 9.3% |
| Distributable reserves133 | - | - | - | €617.2m | €622.1m | €631.3m | €668.1m | €691.1m | ▲ 3.4% |
| Provisions and deferred taxes16 | €2.1m | €2.1m | €2.1m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Provisions for liabilities and charges160/5 | - | - | - | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Other liabilities and charges164/5 | - | - | - | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Amounts payable17/49 | €59.3m | €60.3m | €65.3m | €59.8m | €61.1m | €68.3m | €61.2m | €62.3m | ▲ 1.9% |
| Amounts payable within one year42/48 | €59.3m | €60.3m | €65.0m | €59.8m | €61.1m | €68.3m | €61.1m | €62.3m | ▲ 2.1% |
| Financial debts43 | - | - | - | - | - | €7.3m | - | - | - |
| Credit institutions430/8 | - | - | - | - | - | €7.3m | - | - | - |
| Trade debts44 | - | €0.4m | €0.5m | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 18.0% |
| Suppliers440/4 | - | - | - | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 18.0% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €0.006m | €0.002m | ▼ 74.9% |
| Taxes450/3 | - | - | - | - | - | - | €0.006m | €0.002m | ▼ 74.9% |
| Other amounts payable47/48 | - | - | - | €59.4m | €60.8m | €60.7m | €60.7m | €61.9m | ▲ 2.0% |
| Accrued charges and deferred income492/3 | - | - | - | €220 | - | - | €0.1m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64.4m | €69.0m | €66.3m | €65.4m | €65.0m | €68.8m | €96.5m | €83.0m | ▼ 13.9% |
| + Depreciation and write-downs630 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 30.8% |
| Operating cash flow (approximation) | €64.4m | €69.0m | €66.3m | €65.4m | €65.0m | €68.8m | €96.5m | €83.1m | ▼ 13.9% |
| Investment in fixed assets (approximation) | - | -€81.5m | -€69.5m | -€53.8m | -€63.2m | €35.2m | €125.0m | -€158.2m | - |
| Change in cash | - | -€5.8m | -€5.5m | €2.4m | €7.5m | -€10.7m | €0.07m | -€0.09m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 75 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 09-07-2026 | 2026-00287463 | |
| 31-12-2025 | consolidated | 09-07-2026 | 2026-00287431 | |
| 31-12-2024 | consolidated | 30-06-2025 | 2025-00233458 | |
| 31-12-2024 | unclassified schema | 30-06-2025 | 2025-00230624 | |
| 31-12-2023 | consolidated | 02-07-2024 | 2024-00222352 | |
| 31-12-2023 | unclassified schema | 02-07-2024 | 2024-00221099 | |
| 31-12-2022 | consolidated | 28-06-2023 | 2023-00184667 | |
| 31-12-2022 | unclassified schema | 28-06-2023 | 2023-00183681 | |
| 31-12-2021 | consolidated | 30-06-2022 | 2022-20153633 | |
| 31-12-2021 | unclassified schema | 30-06-2022 | 2022-20153148 |