INTERLOOK DESIGN
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-03-2026 PDF all 31 filings
Turnover
≈ €1.0m
Estimated: probably between €770,000 and €1.3m
Total assets
€1.8m▼ 2.5%
2024 · €1.8m
Net result
€79,905▼ 12.0%
2024 · €90,755
Working capital
€216,023▲ 4.2%
2024 · €207,300
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€171,722
▼ 13.8%
2025
20192025
Net result
€79,905
▼ 12.0%
2025
middle half of the sector
20192025
Equity
€627,460
▲ 14.6%
2025
highest quarter of the sector
20192025
Total assets
€1.8m
▼ 2.5%
2025
highest quarter of the sector
20192025
Debt
€1.1m
▼ 10.1%
2025
20192025
Working capital
€216,023
▲ 4.2%
2025
middle half of the sector
20192025
Solvency
34.8%
▲ 5.2pp
2025
middle half of the sector
20192025
Current ratio
1.59
▲ 0.04
2025
middle half of the sector
20192025
Return on assets (ROA)
4.4%
▼ 0.5pp
2025
middle half of the sector
20192025
Staff (FTE)
1
=
2025
lowest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.02m▼ 85.7%€0.06m▲ 171%€0.2m▲ 213%€0.2m▲ 12.9%€0.2m▼ 10.9%€0.2m▼ 13.8%
Net result€0.1m--€0.009mbelow the sector's middle half€0.02mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 442%€0.1mwithin the sector's middle half▼ 1.6%€0.09mwithin the sector's middle half▼ 22.7%€0.08mwithin the sector's middle half▼ 12.0%
Equity€0.2m-€0.2mwithin the sector's middle half▼ 4.2%€0.2mwithin the sector's middle half▲ 11.1%€0.3mwithin the sector's middle half▲ 54.3%€0.5mwithin the sector's middle half▲ 34.6%€0.5mwithin the sector's middle half▲ 19.9%€0.6mabove the sector's middle half▲ 14.6%
Total assets€1.9m-€1.7mabove the sector's middle half▼ 10.2%€1.6mabove the sector's middle half▼ 5.6%€1.8mabove the sector's middle half▲ 9.2%€1.8mabove the sector's middle half▲ 2.9%€1.8mabove the sector's middle half▲ 0.5%€1.8mabove the sector's middle half▼ 2.5%
Debt€1.7m-€1.5m▼ 11.3%€1.4m▼ 8.0%€1.4m▲ 2.3%€1.3m▼ 4.7%€1.2m▼ 6.2%€1.1m▼ 10.1%
Working capital-€0.1m--€0.1mbelow the sector's middle half▼ 2.4%-€0.2mbelow the sector's middle half▼ 35.1%-€0.2mbelow the sector's middle half▼ 45.5%€0.04mbelow the sector's middle half€0.2mwithin the sector's middle half▲ 445%€0.2mwithin the sector's middle half▲ 4.2%
Solvency10.7%-11.4%below the sector's middle half▲ 0.7pp13.4%below the sector's middle half▲ 2.0pp19.0%below the sector's middle half▲ 5.5pp24.8%within the sector's middle half▲ 5.8pp29.6%within the sector's middle half▲ 4.8pp34.8%within the sector's middle half▲ 5.2pp
Current ratio0.77-0.68below the sector's middle half▼ 0.090.52below the sector's middle half▼ 0.160.49below the sector's middle half▼ 0.031.08below the sector's middle half▲ 0.591.55within the sector's middle half▲ 0.471.59within the sector's middle half▲ 0.04
Return on assets (ROA)5.6%--0.5%below the sector's middle half▼ 6.1pp1.3%below the sector's middle half▲ 1.8pp6.7%within the sector's middle half▲ 5.3pp6.4%within the sector's middle half▼ 0.3pp4.9%within the sector's middle half▼ 1.5pp4.4%within the sector's middle half▼ 0.5pp
Staff (FTE)3.8-3.2within the sector's middle half▼ 15.8%2.5within the sector's middle half▼ 21.9%1.9below the sector's middle half▼ 24.0%1below the sector's middle half▼ 47.4%1below the sector's middle half=1below the sector's middle half=
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 14% lower than in 2024. It is the second fall in a row.
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 €1.8m
Fixed assets
€1.2m ▼ 3.3%
Current assets
€579,262 ▼ 0.8%
Equity and liabilities €1.8m
Equity
€627,460 ▲ 14.6%
Provisions
€53,150 =
Debt
€1.1m ▼ 10.1%
Debt's share of the balance-sheet total falls from 67.5% to 62.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€292,784▼
2024 · €316,711
Cash flow
€200,966▼
2024 · €208,251
Quick ratio
1.55▲
2024 · 1.50
Debt to equity
1.79▼
2024 · 2.28
ROE
12.7%▼
2024 · 16.6%
Interest coverage
5.53▲
2024 · 4.96
Debt ≤ 1 year
€363,238▼
2024 · €376,541
Debt > 1 year
€631,463▼
2024 · €732,120
Income taxes
€41,578▼
2024 · €47,100
Staff costs
€50,768▲
2024 · €48,326
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 1 | 1 | 1 |
| full-time | 2 | 2 | 1 | 1 | 1 |
| in full-time equivalents | 2 | 2 | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 2.5 | 1.9 | 1 | 1 | 1 |
| On a permanent contract | 2 | 2 | 1 | 1 | 1 |
| Joined | 0 | - | 0 | - | - |
| Left | 1 | - | 1 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €75,506 | €132,375 | €108,738 | €97,678 | €79,660 |
| Intangible fixed assets | - | €60,000 | - | - | - |
| Depreciation and write-downs of the year | €96,275 | €88,171 | €109,779 | €117,496 | €121,062 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €16 | €247,318 | €20,664 | - | - |
| Remuneration, social security and pensions62 | - | - | €59,220 | €69,113 | €49,273 | €48,326 | €50,768 | ▲ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €202,849 | €114,456 | €96,275 | €88,171 | €109,779 | €117,496 | €121,062 | ▲ 3.0% |
| Other operating charges640/8 | - | - | €10,039 | €10,353 | €10,746 | €14,888 | €9,350 | ▼ 37.2% |
| Non-recurring operating charges66A | - | - | €2,480 | - | - | €12,204 | - | - |
| Gross operating margin9900 | €563,667 | €224,150 | €231,344 | €365,611 | €393,389 | €392,129 | €352,902 | ▼ 10.0% |
| Operating profit (loss)9901 | €163,591 | €23,371 | €63,330 | €197,974 | €223,591 | €199,215 | €171,722 | ▼ 13.8% |
| Financial income75/76B | - | - | €76 | €1,119 | €1,379 | €2,460 | €2,740 | ▲ 11.4% |
| Recurring financial income75 | €813 | €47 | €76 | €1,119 | €1,379 | €2,460 | €2,740 | ▲ 11.4% |
| Financial charges65/66B | - | - | €26,886 | €22,286 | €43,897 | €63,819 | €52,980 | ▼ 17.0% |
| Recurring financial charges65 | €27,263 | €30,999 | €26,886 | €22,286 | €43,897 | €63,819 | €52,980 | ▼ 17.0% |
| Profit (loss) for the period before taxes9903 | €137,141 | -€7,580 | €36,520 | €176,807 | €181,073 | €137,856 | €121,482 | ▼ 11.9% |
| Income taxes67/77 | €28,932 | €1,049 | €14,496 | €57,434 | €63,610 | €47,100 | €41,578 | ▼ 11.7% |
| Profit (loss) for the period9904 | €108,210 | -€8,629 | €22,024 | €119,373 | €117,463 | €90,755 | €79,905 | ▼ 12.0% |
| Transfer from tax-exempt reserves789 | - | - | €2,861 | €12,489 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €108,210 | -€8,629 | €24,885 | €131,861 | €117,463 | €90,755 | €79,905 | ▼ 12.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.9m | €1.7m | €1.6m | €1.8m | €1.8m | €1.8m | €1.8m | ▼ 2.5% |
| Fixed assets21/28 | €1.5m | €1.5m | €1.5m | €1.6m | €1.3m | €1.3m | €1.2m | ▼ 3.3% |
| Intangible fixed assets21 | - | - | - | €0.06m | €0.04m | €0.03m | €0.02m | ▼ 36.4% |
| Tangible fixed assets22/27 | €1.5m | €1.5m | €1.5m | €1.5m | €1.3m | €1.2m | €1.2m | ▼ 2.4% |
| Land and buildings22 | - | - | €1.2m | €1.2m | €0.9m | €0.8m | €0.8m | ▼ 5.8% |
| Plant, machinery and equipment23 | - | - | €0.001m | €0.002m | €0.001m | €0.001m | - | - |
| Furniture and vehicles24 | - | - | €0.006m | €0.09m | €0.1m | €0.1m | €0.05m | ▼ 55.5% |
| Other tangible fixed assets26 | - | - | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 23.2% |
| Financial fixed assets28 | €353 | €353 | €353 | €353 | €353 | €353 | €353 | = |
| Current assets29/58 | €0.4m | €0.2m | €0.2m | €0.2m | €0.5m | €0.6m | €0.6m | ▼ 0.8% |
| Stocks and contracts in progress3 | €0.02m | €0.01m | €0.01m | €0.02m | €0.05m | €0.02m | €0.02m | ▼ 7.5% |
| Stocks30/36 | - | - | €0.01m | €0.02m | €0.05m | €0.02m | €0.02m | ▼ 7.5% |
| Amounts receivable within one year40/41 | €0.2m | €0.05m | €0.09m | €0.08m | €0.09m | €0.1m | €0.1m | ▼ 5.0% |
| Trade receivables40 | - | - | €0.09m | €0.04m | €0.07m | €0.1m | €0.1m | ▲ 2.5% |
| Other amounts receivable41 | - | - | €0.002m | €0.04m | €0.02m | €0.02m | €0.01m | ▼ 41.5% |
| Current investments50/53 | €0.1m | €0.2m | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €0.06m | €0.1m | €0.3m | €0.4m | €0.4m | ▲ 0.6% |
| Deferred charges and accrued income490/1 | - | - | €0.003m | €0.004m | €0.08m | €0.001m | €0.001m | ▲ 4.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.9m | €1.7m | €1.6m | €1.8m | €1.8m | €1.8m | €1.8m | ▼ 2.5% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.3m | €0.5m | €0.5m | €0.6m | ▲ 14.6% |
| Contributions10/11 | €0.08m | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.3m | €0.4m | €0.5m | €0.5m | ▲ 17.0% |
| Non-distributable reserves130/1 | - | - | €0.008m | €0.008m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €0.008m | €0.008m | - | - | - | - |
| Tax-exempt reserves132 | - | - | €0.01m | - | - | - | - | - |
| Distributable reserves133 | - | - | €0.1m | €0.3m | €0.4m | €0.5m | €0.5m | ▲ 17.0% |
| Provisions and deferred taxes16 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Provisions for liabilities and charges160/5 | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Pensions and similar obligations160 | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Major repairs and maintenance162 | - | - | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Amounts payable17/49 | €1.7m | €1.5m | €1.4m | €1.4m | €1.3m | €1.2m | €1.1m | ▼ 10.1% |
| Amounts payable after more than one year17 | €1.2m | €1.1m | €1.0m | €0.9m | €0.8m | €0.7m | €0.6m | ▼ 13.7% |
| Financial debts170/4 | - | - | €1.0m | €0.9m | €0.8m | €0.7m | €0.6m | ▼ 13.7% |
| Amounts payable within one year42/48 | €0.5m | €0.4m | €0.3m | €0.4m | €0.5m | €0.4m | €0.4m | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 0.8% |
| Trade debts44 | €0.2m | €0.08m | €0.07m | €0.2m | €0.2m | €0.09m | €0.08m | ▼ 13.6% |
| Suppliers440/4 | - | - | €0.07m | €0.2m | €0.2m | €0.09m | €0.08m | ▼ 13.6% |
| Taxes, remuneration and social security45 | - | - | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | ▲ 0.6% |
| Taxes450/3 | - | - | €0.01m | €0.01m | €0.006m | €0.002m | €0.002m | ▲ 0.7% |
| Remuneration and social security454/9 | - | - | €0.009m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 0.6% |
| Other amounts payable47/48 | - | - | €0.09m | €0.05m | €0.2m | €0.2m | €0.2m | ▼ 0.2% |
| Accrued charges and deferred income492/3 | - | - | €0.009m | €0.003m | €0.006m | €0.1m | €0.1m | ▼ 8.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €108,210 | -€8,629 | €22,024 | €119,373 | €117,463 | €90,755 | €79,905 | ▼ 12.0% |
| + Depreciation and write-downs630 | €202,849 | €114,456 | €96,275 | €88,171 | €109,779 | €117,496 | €121,062 | ▲ 3.0% |
| Operating cash flow (approximation) | €311,059 | €105,827 | €118,299 | €207,544 | €227,242 | €208,251 | €200,966 | ▼ 3.5% |
| Investment in fixed assets (approximation) | - | -€52,153 | -€75,506 | -€192,375 | €148,903 | -€71,424 | -€79,660 | ▼ 11.5% |
| Change in cash | - | - | - | €50,830 | €199,988 | €129,302 | €2,811 | ▼ 97.8% |
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, 17,041 companies had the same profile as INTERLOOK DESIGN has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.3%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of INTERLOOK DESIGN 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 17,041 companies, not a prediction for INTERLOOK DESIGN. 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 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-03-2026 | 2026-00066682 | |
| 30-09-2024 | abbreviated format | 22-04-2025 | 2025-00074068 | |
| 30-09-2023 | abbreviated format | 05-04-2024 | 2024-00058181 | |
| 30-09-2022 | abbreviated format | 11-04-2023 | 2023-00060272 | |
| 30-09-2021 | abbreviated format | 07-04-2022 | 2022-20002815 | |
| 30-09-2020 | abbreviated format | 21-04-2021 | 2021-11200319 | |
| 30-09-2019 | abbreviated format | 22-04-2020 | 2020-09600222 | |
| 31-03-2018 | abbreviated format | 31-10-2018 | 2018-71600334 | |
| 31-03-2017 | abbreviated format | 09-11-2017 | 2017-69600371 | |
| 31-03-2016 | abbreviated format | 29-10-2016 | 2016-67100306 |