INTERIOO
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 05-07-2026 at the NBB all 17 filings
Turnover
≈ €1.3m
Estimated: probably between €940,000 and €1.6m
Total assets
€1.9m▼ 2.7%
2024 · €2.0m
Net result
€122,441▲ 82.8%
2024 · €66,996
Working capital
€1.1m▲ 12.1%
2024 · €999,634
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€161,314
▲ 96.9%
2025
20182025
Net result
€122,441
▲ 82.8%
2025
highest quarter of the sector
20182025
Equity
€1.4m
▲ 9.5%
2025
highest quarter of the sector
20182025
Total assets
€1.9m
▼ 2.7%
2025
highest quarter of the sector
20182025
Debt
€506,634
▼ 25.8%
2025
20182025
Working capital
€1.1m
▲ 12.1%
2025
highest quarter of the sector
20182025
Solvency
73.6%
▲ 8.2pp
2025
highest quarter of the sector
20182025
Current ratio
3.21
▲ 0.75
2025
highest quarter of the sector
20182025
Return on assets (ROA)
6.4%
▲ 3.0pp
2025
middle half of the sector
20182025
Staff (FTE)
4.4
▼ 12.0%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.2m▼ 3.4%€0.06m▼ 65.1%€0.06m▼ 1.3%€0.09m▲ 56.6%€0.04m▼ 51.0%€0.08m▲ 91.5%€0.2m▲ 96.9%
Net result€0.1m-€0.1m▲ 21.7%€0.04mwithin the sector's middle half▼ 70.3%€0.05mwithin the sector's middle half▲ 7.6%€0.06mwithin the sector's middle half▲ 32.8%€0.03mwithin the sector's middle half▼ 45.1%€0.07mwithin the sector's middle half▲ 97.1%€0.1mabove the sector's middle half▲ 82.8%
Equity€1.0m-€1.1m▲ 11.2%€1.1mabove the sector's middle half▲ 4.0%€1.2mabove the sector's middle half▲ 2.8%€1.2mabove the sector's middle half▲ 4.1%€1.2mabove the sector's middle half▲ 2.0%€1.3mabove the sector's middle half▲ 5.5%€1.4mabove the sector's middle half▲ 9.5%
Total assets€1.5m-€1.5m▲ 2.1%€1.5mabove the sector's middle half▲ 1.2%€1.7mabove the sector's middle half▲ 12.0%€1.8mabove the sector's middle half▲ 2.3%€1.9mabove the sector's middle half▲ 5.5%€2.0mabove the sector's middle half▲ 6.4%€1.9mabove the sector's middle half▼ 2.7%
Debt€0.5m-€0.4m▼ 15.0%€0.4m▼ 5.6%€0.6m▲ 36.8%€0.6m▼ 1.4%€0.6m▲ 13.2%€0.7m▲ 8.2%€0.5m▼ 25.8%
Working capital€0.7m-€0.8m▲ 16.6%€0.9mabove the sector's middle half▲ 7.5%€0.9mabove the sector's middle half▲ 5.9%€1.0mabove the sector's middle half▲ 5.1%€0.9mabove the sector's middle half▼ 5.9%€1.0mabove the sector's middle half▲ 11.4%€1.1mabove the sector's middle half▲ 12.1%
Solvency65.4%-71.2%▲ 5.8pp73.1%above the sector's middle half▲ 1.9pp67.1%above the sector's middle half▼ 6.0pp68.3%above the sector's middle half▲ 1.2pp66.0%above the sector's middle half▼ 2.3pp65.4%above the sector's middle half▼ 0.6pp73.6%above the sector's middle half▲ 8.2pp
Current ratio2.34-2.82▲ 0.483.07above the sector's middle half▲ 0.252.60within the sector's middle half▼ 0.472.71within the sector's middle half▲ 0.112.42within the sector's middle half▼ 0.292.46within the sector's middle half▲ 0.043.21above the sector's middle half▲ 0.75
Return on assets (ROA)8.1%-9.6%▲ 1.6pp2.8%within the sector's middle half▼ 6.8pp2.7%within the sector's middle half▼ 0.1pp3.5%within the sector's middle half▲ 0.8pp1.8%within the sector's middle half▼ 1.7pp3.4%within the sector's middle half▲ 1.6pp6.4%within the sector's middle half▲ 3.0pp
Staff (FTE)3.3-3▼ 9.1%3.9within the sector's middle half▲ 30.0%4within the sector's middle half▲ 2.6%4within the sector's middle half=4.6within the sector's middle half▲ 15.0%5within the sector's middle half▲ 8.7%4.4within the sector's middle half▼ 12.0%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). 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 97% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€294,022 ▲ 0.4%
Current assets
€1.6m ▼ 3.3%
Equity and liabilities €1.9m
Equity
€1.4m ▲ 9.5%
Debt
€506,634 ▼ 25.8%
Debt's share of the balance-sheet total falls from 34.6% to 26.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€182,454▲
2024 · €106,710
Cash flow
€143,581▲
2024 · €91,768
Quick ratio
2.32▲
2024 · 1.74
Debt to equity
0.36▼
2024 · 0.53
ROE
8.7%▲
2024 · 5.2%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€506,634▼
2024 · €682,765
Income taxes
€52,232▲
2024 · €34,501
Staff costs
€247,421▲
2024 · €230,845
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 5 | 5 | 4 |
| full-time | 4 | 4 | 5 | 5 | 4 |
| in full-time equivalents | 4 | 4 | 5 | 5 | 4 |
| Average over the year, in full-time equivalents | 4 | 4 | 4.6 | 5 | 4.4 |
| On a permanent contract | 4 | 4 | 5 | 5 | 4 |
| Joined | - | 1 | 1 | 1 | 2 |
| Left | - | 1 | 0 | 1 | 3 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,289 | €13,142 | €108,467 | €2,785 | €22,252 |
| Financial fixed assets | - | €400 | - | - | - |
| Depreciation and write-downs of the year | €20,767 | €13,359 | €28,385 | €24,772 | €21,140 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 1 entry · €855 awardedAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €199,574 | €232,124 | €266,581 | €230,845 | €247,421 | ▲ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,808 | €39,338 | €30,364 | €20,767 | €13,359 | €28,385 | €24,772 | €21,140 | ▼ 14.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | - | -€1,743 | - |
| Other operating charges640/8 | - | - | - | €2,057 | €2,282 | €3,039 | €2,136 | €2,228 | ▲ 4.3% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €604 | - | - |
| Gross operating margin9900 | €342,341 | €355,889 | €246,663 | €278,158 | €335,105 | €340,786 | €340,295 | €430,360 | ▲ 26.5% |
| Operating profit (loss)9901 | €167,615 | €161,904 | €56,473 | €55,760 | €87,340 | €42,781 | €81,938 | €161,314 | ▲ 96.9% |
| Financial income75/76B | - | - | - | €7,063 | €6,980 | €7,356 | €19,959 | €13,845 | ▼ 30.6% |
| Recurring financial income75 | €5,713 | €7,614 | €5,130 | €7,063 | €6,980 | €7,356 | €19,959 | €13,845 | ▼ 30.6% |
| Financial charges65/66B | - | - | - | €541 | €416 | €415 | €400 | €486 | ▲ 21.5% |
| Recurring financial charges65 | €206 | €206 | €312 | €541 | €416 | €415 | €400 | €486 | ▲ 21.5% |
| Profit (loss) for the period before taxes9903 | €175,122 | €211,213 | €61,291 | €62,282 | €93,904 | €49,722 | €101,497 | €174,673 | ▲ 72.1% |
| Income taxes67/77 | €55,274 | €65,299 | €18,000 | €15,682 | €32,030 | €15,723 | €34,501 | €52,232 | ▲ 51.4% |
| Profit (loss) for the period9904 | €119,848 | €145,914 | €43,291 | €46,600 | €61,874 | €33,999 | €66,996 | €122,441 | ▲ 82.8% |
| Profit (loss) for the period to be appropriated9905 | €119,848 | €145,914 | €43,291 | €46,600 | €61,874 | €33,999 | €66,996 | €122,441 | ▲ 82.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €1.5m | €1.5m | €1.7m | €1.8m | €1.9m | €2.0m | €1.9m | ▼ 2.7% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 0.4% |
| Tangible fixed assets22/27 | €0.08m | €0.06m | €0.05m | €0.03m | €0.03m | €0.1m | €0.08m | €0.08m | ▲ 1.5% |
| Land and buildings22 | - | - | - | €0.002m | €0.001m | €50 | - | €0.002m | - |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.01m | €0.08m | €0.06m | €0.07m | ▲ 7.1% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | €0.03m | €0.01m | €0.007m | ▼ 41.6% |
| Financial fixed assets28 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Current assets29/58 | €1.2m | €1.2m | €1.3m | €1.5m | €1.5m | €1.5m | €1.7m | €1.6m | ▼ 3.3% |
| Stocks and contracts in progress3 | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 8.7% |
| Stocks30/36 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 8.7% |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.3m | €0.3m | €0.4m | €0.4m | €0.6m | €0.5m | ▼ 16.0% |
| Trade receivables40 | - | - | - | €0.3m | €0.4m | €0.4m | €0.6m | €0.5m | ▼ 17.2% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.01m | €0.01m | €0.06m | €0.06m | ▼ 4.2% |
| Current investments50/53 | - | - | - | - | - | - | €0.3m | €0.3m | = |
| Cash at bank and in hand54/58 | €0.4m | €0.4m | €0.5m | €0.6m | €0.6m | €0.6m | €0.2m | €0.3m | ▲ 29.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.08m | €0.02m | €0.04m | €0.07m | €0.09m | ▲ 33.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.5m | €1.7m | €1.8m | €1.9m | €2.0m | €1.9m | ▼ 2.7% |
| Equity10/15 | €1.0m | €1.1m | €1.1m | €1.2m | €1.2m | €1.2m | €1.3m | €1.4m | ▲ 9.5% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.06m | €0.06m | €0.1m | €0.2m | ▲ 41.3% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | - | €0.05m | €0.05m | €0.1m | €0.2m | ▲ 45.0% |
| Profit (loss) carried forward14 | €0.9m | €1.0m | €1.0m | €1.0m | €1.0m | €1.1m | €1.1m | €1.1m | ▲ 6.8% |
| Amounts payable17/49 | €0.5m | €0.4m | €0.4m | €0.6m | €0.6m | €0.6m | €0.7m | €0.5m | ▼ 25.8% |
| Amounts payable within one year42/48 | €0.5m | €0.4m | €0.4m | €0.6m | €0.6m | €0.6m | €0.7m | €0.5m | ▼ 25.8% |
| Trade debts44 | €0.1m | €0.1m | €0.07m | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | ▼ 25.5% |
| Suppliers440/4 | - | - | - | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | ▼ 25.5% |
| Advances received on contracts in progress46 | - | - | - | €0.4m | €0.4m | €0.4m | €0.5m | €0.3m | ▼ 32.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.06m | €0.06m | €0.03m | €0.05m | ▲ 88.1% |
| Taxes450/3 | - | - | - | €0.03m | €0.06m | €0.04m | - | €0.04m | - |
| Remuneration and social security454/9 | - | - | - | - | - | €0.02m | €0.03m | €0.02m | ▼ 45.3% |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.02m | €0.01m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €119,848 | €145,914 | €43,291 | €46,600 | €61,874 | €33,999 | €66,996 | €122,441 | ▲ 82.8% |
| + Depreciation and write-downs630 | €41,808 | €39,338 | €30,364 | €20,767 | €13,359 | €28,385 | €24,772 | €21,140 | ▼ 14.7% |
| Operating cash flow (approximation) | €161,656 | €185,252 | €73,655 | €67,367 | €75,233 | €62,384 | €91,768 | €143,581 | ▲ 56.5% |
| Investment in fixed assets (approximation) | - | -€29,646 | -€13,920 | -€2,026 | -€13,542 | -€108,467 | €10,319 | -€22,252 | - |
| Change in cash | - | €65,110 | €53,651 | €115,919 | €20,876 | €21,721 | -€399,540 | €67,812 | - |
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, 34,693 companies had the same profile as INTERIOO has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of INTERIOO itself: 0.1% within 12 months.
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 34,693 companies, not a prediction for INTERIOO. 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 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 05-07-2026 | 2026-00267560 | |
| 31-12-2024 | abbreviated format | 08-07-2025 | 2025-00250370 | |
| 31-12-2023 | abbreviated format | 24-07-2024 | 2024-00289072 | |
| 31-12-2022 | abbreviated format | 30-08-2023 | 2023-00380206 | |
| 31-12-2021 | abbreviated format | 29-08-2022 | 2022-20417709 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-66300567 | |
| 31-12-2019 | abbreviated format | 28-08-2020 | 2020-49500112 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-63000504 | |
| 31-12-2017 | abbreviated format | 29-08-2018 | 2018-60100414 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-55100588 |