INTERMACK
Annual accounts 2025
abbreviated format, filed on 02-10-2026, 63 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €730,000. Estimated: probably between €570,000 and €1.3m.
Balance sheet
balance sheet total €3.8m on 31-12-2025in €m
in euro
Position in the sector
47.4%
Higher than 46% of 10,633 companies in 2025.
0.78
Higher than 31% of 10,285 companies in 2025.
5.6%
Higher than 53% of 10,548 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
3.8m | 3.8m | 3.6m | 2.6m | 505,796 | 374,314 | 206,859 | 422,817 | 355,863 | 404,207 | 428,465 | 816,426 | 807,258 | 812,962 | 387,378 | 340,286 | 293,474 | 234,433 | 250,803 | 271,677 | |
21/28 |
2.3m | 2.4m | 2.4m | 2.5m | 190,751 | 181,241 | 163,227 | 288,957 | 283,261 | 310,388 | 329,745 | 718,893 | 746,859 | 773,187 | 316,253 | 302,670 | 284,612 | 220,467 | 236,556 | 243,648 | |
22/27 |
378,741 | 434,182 | 477,227 | 539,247 | 190,751 | 181,241 | 163,227 | 172,957 | 167,261 | 194,388 | 213,745 | 240,393 | 268,359 | 294,687 | 273,253 | 302,670 | 284,612 | 220,467 | 236,556 | 243,648 | |
22 |
339,868 | 394,091 | 431,076 | 483,513 | 139,393 | 122,884 | 139,667 | 141,544 | 167,261 | 194,388 | 213,745 | 240,393 | 267,979 | 292,877 | 269,576 | 294,973 | 275,392 | 213,055 | 227,936 | 242,818 | |
23 |
2,680 | 3,515 | 0 | 7 | 506 | 1,006 | - | - | - | - | - | - | - | - | 199 | 399 | - | - | - | - | |
24 |
36,193 | 36,576 | 46,152 | 55,727 | 50,852 | 57,351 | 23,560 | 31,413 | - | - | - | - | 380 | 1,810 | 3,477 | 7,299 | 9,220 | 7,412 | 8,620 | 830 | |
28 |
1.9m | 1.9m | 1.9m | 1.9m | - | - | - | 116,000 | 116,000 | 116,000 | 116,000 | 478,500 | 478,500 | 478,500 | 43,000 | - | - | - | - | - | |
29/58 |
1.5m | 1.4m | 1.2m | 140,011 | 315,044 | 193,073 | 43,633 | 133,860 | 72,602 | 93,819 | 98,720 | 97,534 | 60,399 | 39,775 | 71,126 | 37,616 | 8,862 | 13,966 | 14,247 | 28,029 | |
3 |
837,847 | 657,826 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
837,847 | 657,826 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
97,267 | 724,295 | 614,704 | 58,075 | 46,502 | 33,243 | 33,243 | 7,784 | 5,292 | 34,332 | 34,332 | 32,479 | 34,332 | 5,292 | 61,725 | 29,050 | 3,777 | 3,793 | 3,784 | 5,430 | |
40 |
74,600 | 719,003 | 609,411 | 50,587 | 39,013 | 27,951 | 27,951 | 2,492 | - | 29,040 | 29,040 | 24,000 | 29,040 | 5,292 | 29,040 | 29,040 | 3,749 | 3,749 | 3,749 | - | |
41 |
22,667 | 5,292 | 5,292 | 7,488 | 7,488 | 5,292 | 5,292 | 5,292 | 5,292 | 5,292 | 5,292 | 8,479 | 5,292 | - | 32,685 | 10 | 27 | 44 | 35 | 5,430 | |
54/58 |
532,241 | 54,027 | 606,393 | 81,936 | 268,543 | 159,830 | 10,389 | 126,076 | 67,310 | 59,402 | 64,388 | 64,989 | 26,067 | 32,683 | 7,498 | 6,213 | 3,005 | 8,050 | 8,463 | 21,468 | |
490/1 |
4,015 | - | - | - | - | - | - | - | - | 85 | - | 66 | - | 1,800 | 1,903 | 2,353 | 2,081 | 2,122 | 2,000 | 1,131 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
3.8m | 3.8m | 3.6m | 2.6m | 505,796 | 374,314 | 206,859 | 422,817 | 355,863 | 404,207 | 428,465 | 816,426 | 807,258 | 812,962 | 387,378 | 340,286 | 293,474 | 234,433 | 250,803 | 271,677 | |
10/15 |
1.8m | 1.6m | 1.3m | 682,865 | 474,737 | 320,939 | 166,554 | 128,397 | 61,531 | 78,070 | 56,836 | 396,000 | 381,034 | 192,412 | 173,611 | 128,724 | 151,044 | 171,401 | 177,351 | 200,209 | |
10/11 |
370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 198,315 | |
10 |
370,000 | 370,000 | 370,000 | 370,000 | 370,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 370,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 198,315 | |
13 |
1.4m | 1.2m | 896,526 | 312,865 | 139,934 | 139,934 | 39,934 | 39,934 | 39,934 | 39,934 | 39,934 | 39,934 | 24,969 | 24,969 | 24,969 | 24,969 | 24,969 | 24,969 | 24,969 | 26,654 | |
130/1 |
37,052 | 37,052 | 37,052 | 28,530 | 19,883 | 19,883 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | 37,052 | 37,052 | 28,530 | 19,883 | 19,883 | 19,883 | 19,883 | 19,883 | 19,883 | 19,883 | 19,883 | 19,831 | 19,831 | 19,831 | 19,831 | 19,831 | 19,831 | 19,832 | 19,831 | |
1311 |
37,052 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,823 | |
133 |
1.4m | 1.2m | 859,475 | 284,335 | 120,051 | 120,051 | 20,051 | 20,051 | 20,051 | 20,051 | 20,051 | 20,051 | 5,137 | 5,137 | 5,137 | 5,137 | 5,137 | 5,137 | 5,137 | 5,000 | |
14 |
- | - | - | - | -35,197 | -188,995 | -243,380 | -281,538 | -348,404 | -331,864 | -353,098 | -13,934 | -13,934 | -32,557 | -51,358 | -96,245 | -73,925 | -53,567 | -47,618 | -24,760 | |
17/49 |
2.0m | 2.2m | 2.4m | 1.9m | 31,059 | 53,375 | 40,305 | 294,420 | 294,332 | 326,137 | 371,629 | 420,427 | 426,223 | 620,550 | 213,767 | 211,562 | 142,430 | 63,031 | 73,452 | 71,468 | |
17 |
- | - | - | - | - | - | - | 150,371 | 180,371 | 214,371 | 279,371 | - | - | 2,792 | 9,251 | 15,382 | 22,302 | 32,107 | 41,443 | 50,334 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,792 | 9,251 | 15,382 | 22,302 | 32,107 | 41,443 | 50,334 | |
178/9 |
- | - | - | - | - | - | - | 150,371 | 180,371 | 214,371 | 279,371 | - | - | - | - | - | - | - | - | - | |
42/48 |
1.9m | 2.1m | 2.4m | 1.9m | 31,059 | 53,375 | 30,492 | 85,289 | 65,906 | 76,199 | 73,413 | 339,491 | 365,994 | 581,224 | 184,053 | 195,631 | 119,628 | 30,624 | 31,509 | 21,134 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | 2,820 | 6,459 | 6,131 | 6,920 | 9,805 | 9,337 | 8,891 | 8,466 | |
44 |
32,281 | 62,626 | 2,548 | 6,781 | 12,843 | 1,296 | 510 | 3,645 | 550 | 5,799 | 10,142 | - | 4,370 | 29,249 | 605 | 1,858 | 914 | 821 | - | - | |
440/4 |
32,281 | 62,626 | 2,548 | 6,781 | 12,843 | 1,296 | 510 | 3,645 | 550 | 5,799 | 10,142 | - | 4,370 | 29,249 | 605 | 1,858 | 914 | 821 | - | - | |
46 |
- | 673,819 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
27,911 | 208,373 | 223,128 | 35,484 | 17,295 | 50,487 | 29,781 | 20,569 | 5,265 | 8,139 | 2,420 | 10,119 | 3,992 | 10,793 | 3,107 | 4,798 | 1,583 | 1,216 | 145 | - | |
450/3 |
27,911 | 208,373 | 223,128 | 35,484 | 17,295 | 50,487 | 29,781 | 20,569 | 5,265 | 8,139 | 2,420 | 10,119 | 3,992 | 10,793 | 3,107 | 4,798 | 1,583 | 1,216 | 145 | - | |
47/48 |
1.8m | 1.2m | 2.1m | 1.9m | 921 | 1,592 | 201 | 61,076 | 60,091 | 62,262 | 60,851 | 329,371 | 354,812 | 534,723 | 174,211 | 182,056 | 107,326 | 19,251 | 22,473 | 12,668 | |
492/3 |
94,972 | 104,743 | - | - | - | - | 9,813 | 58,760 | 48,054 | 35,566 | 18,845 | 80,936 | 60,230 | 36,534 | 20,463 | 548 | 500 | 300 | 500 | - | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | 5,000 | - | - | - | - | - | - | - | |
9900 |
481,061 | 591,421 | 941,553 | 361,567 | 247,880 | 248,699 | 189,769 | 116,082 | 24,106 | 67,445 | 71,046 | 76,021 | 71,266 | 66,264 | 88,222 | 21,952 | 10,542 | 16,015 | -533 | 1,896 | |
630 |
65,433 | 63,281 | 62,019 | 57,323 | 36,428 | 26,335 | 30,758 | 35,137 | 27,127 | 27,407 | 26,648 | 27,967 | 29,057 | 32,259 | 29,417 | 30,913 | 26,903 | 17,273 | 17,037 | 17,463 | |
640/8 |
3,580 | 2,270 | 3,684 | 3,084 | 2,331 | 2,138 | 2,038 | 2,541 | 1,516 | 2,092 | 2,266 | 2,082 | 1,679 | 2,072 | 2,160 | 2,158 | 1,981 | 1,910 | 2,539 | 1,296 | |
66A |
- | - | - | - | - | - | - | - | - | - | 362,500 | - | - | - | - | - | - | - | - | - | |
9901 |
412,048 | 525,870 | 875,850 | 301,160 | 209,120 | 220,226 | 156,973 | 78,404 | -4,537 | 37,946 | 42,133 | 45,973 | 40,529 | 31,932 | 56,645 | -11,120 | -18,342 | -3,168 | -20,109 | -16,863 | |
75/76B |
675 | 104 | 492 | 85 | 10 | - | 3 | 2 | 3 | 66 | 152 | 244 | 77 | 72 | 106 | 34 | 34 | 149 | 143 | 89 | |
75 |
675 | 104 | 492 | 85 | 10 | - | 3 | 2 | 3 | 66 | 152 | 244 | 77 | 72 | 106 | 34 | 34 | 149 | 143 | 89 | |
65/66B |
96,582 | 104,953 | 432 | 436 | 28 | 175 | 118,713 | 11,347 | 12,015 | 16,790 | 18,903 | 21,086 | 24,897 | 13,135 | 11,864 | 11,233 | 2,050 | 2,475 | 2,892 | 3,334 | |
65 |
96,582 | 104,953 | 432 | 436 | 28 | 175 | 2,713 | 11,347 | 12,015 | 16,790 | 18,903 | 21,086 | 24,897 | 13,135 | 11,864 | 11,233 | 2,050 | 2,475 | 2,892 | 3,334 | |
66B |
- | - | - | - | - | - | 116,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
316,140 | 421,021 | 875,910 | 300,809 | 209,102 | 220,051 | 38,263 | 67,059 | -16,549 | 21,221 | -339,118 | 25,132 | 20,710 | 18,869 | 44,887 | -22,319 | -20,358 | -5,494 | -22,858 | -20,108 | |
67/77 |
103,445 | 108,113 | 292,248 | 92,682 | 55,304 | 65,666 | 106 | 193 | -9 | -13 | 46 | 10,166 | 2,087 | 69 | - | - | - | 455 | - | 23 | |
9904 |
212,696 | 312,908 | 583,662 | 208,128 | 153,798 | 154,385 | 38,157 | 66,866 | -16,539 | 21,234 | -339,164 | 14,965 | 18,623 | 18,800 | 44,887 | -22,319 | -20,358 | -5,949 | -22,858 | -20,131 | |
9905 |
212,696 | 312,908 | 583,662 | 208,128 | 153,798 | 154,385 | 38,157 | 66,866 | -16,539 | 21,234 | -339,164 | 14,965 | 18,623 | 18,800 | 44,887 | -22,319 | -20,358 | -5,949 | -22,858 | -20,131 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
212,696 | 312,908 | 583,662 | 172,930 | -35,197 | -88,995 | -243,380 | -281,538 | -348,404 | -331,864 | -353,098 | 1,031 | -13,934 | -32,557 | -51,358 | -96,245 | -73,925 | -53,567 | -47,618 | -24,760 | |
14P |
- | - | - | -35,197 | -188,995 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
212,696 | 312,908 | 583,662 | 172,930 | - | 100,000 | - | - | - | - | - | 14,965 | - | - | - | - | - | - | - | - | |
6920 |
- | - | 8,522 | 8,647 | - | - | - | - | - | - | - | 52 | - | - | - | - | - | - | - | - | |
6921 |
212,696 | 312,908 | 575,140 | 164,284 | - | 100,000 | - | - | - | - | - | 14,914 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 02-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 63 days after the deadline. Filed on 2 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00543617.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 02-10-2026 | 2026-00543617 | |
| 31-12-2024 | abbreviated format | 22-07-2025 | 2025-00310247 | |
| 31-12-2023 | abbreviated format | 22-07-2024 | 2024-00284254 | |
| 31-12-2022 | abbreviated format | 21-08-2023 | 2023-00354615 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20403152 | |
| 31-12-2020 | micro format | 20-10-2021 | 2021-72500516 | |
| 31-12-2019 | micro format | 23-07-2020 | 2020-33400428 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-61000128 | |
| 31-12-2017 | abbreviated format | 29-08-2018 | 2018-55700284 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-59900234 | |
| 31-12-2015 | abbreviated format | 08-08-2016 | 2016-41200466 | |
| 31-12-2014 | abbreviated format | 14-10-2015 | 2015-65000378 | |
| 31-12-2013 | abbreviated format | 21-08-2014 | 2014-46100562 | |
| 31-12-2012 | abbreviated format | 20-08-2013 | 2013-44300083 | |
| 31-12-2011 | abbreviated format | 30-07-2012 | 2012-37800573 | |
| 31-12-2010 | abbreviated format | 29-08-2011 | 2011-44600488 | |
| 31-12-2009 | abbreviated format | 29-07-2010 | 2010-35100474 | |
| 31-12-2008 | abbreviated format | 31-07-2009 | 2009-50700007 | |
| 31-12-2007 | abbreviated format | 14-07-2008 | 2008-39400346 | |
| 31-12-2006 | abbreviated format | 29-06-2007 | 2007-30400009 | |
| 31-12-2005 | abbreviated format | 19-05-2006 | 2006-15200272 | |
| 31-12-2004 | abbreviated format | 01-06-2005 | 2005-19004565 | |
| 31-12-2003 | abbreviated format | 14-06-2004 | 2004-24100229 | |
| 31-12-2002 | abbreviated format | 10-06-2003 | 2003-21300396 | |
| 31-12-2001 | abbreviated format | 22-05-2002 | 2002-13502593 | |
| 31-12-2000 | abbreviated format | 28-05-2001 | 2001-14701783 | |
| 31-12-1999 | abbreviated format | 31-05-2000 | 2000-17102344 | |
| 31-12-1998 | abbreviated format | 09-06-1999 | 1999-15804071 | |
| 31-12-1997 | abbreviated format | 23-06-1998 | 1998-20701351 | |
| 31-12-1996 | abbreviated format | 18-06-1997 | 1997-16703193 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 477,480 | 589,151 | 937,869 | 358,484 | 245,549 | 246,561 | 187,732 | 113,541 | 22,590 | 65,352 | 68,780 | 73,940 | 69,586 | 64,192 | 86,062 | 19,793 | 8,561 | 14,105 | -3,072 | 600 | ||
| 278,129 | 376,189 | 645,681 | 265,451 | 190,226 | 180,720 | 68,915 | 102,003 | 10,588 | 48,641 | -312,516 | 42,932 | 47,680 | 51,060 | 74,304 | 8,594 | 6,545 | 11,324 | -5,821 | -2,668 | ||
| 72,493 | 20,235 | 0 | 2.3m | 45,939 | 44,349 | 21,028 | 40,833 | 0 | 8,050 | -362,500 | 0 | 2,729 | 489,193 | 43,000 | 43,079 | 91,048 | 1,184 | 9,945 | 2,977 | ||
| 478,213 | -552,366 | 524,457 | -186,607 | 108,713 | 149,441 | -115,686 | 58,766 | 7,908 | -4,986 | -601 | 38,922 | -6,616 | 25,185 | 1,285 | 3,208 | -5,046 | -413 | -13,005 | - | ||
| -424,972 | -683,337 | -1.1m | -1.8m | 283,986 | 139,698 | 13,140 | 48,570 | 6,695 | 17,619 | 25,307 | -241,957 | -305,595 | -541,449 | -112,928 | -158,015 | -110,766 | -16,658 | -17,262 | 6,895 | ||
| 47.4% | 41.5% | 34.9% | 26.1% | 93.9% | 85.7% | 80.5% | 30.4% | 17.3% | 19.3% | 13.3% | 48.5% | 47.2% | 23.7% | 44.8% | 37.8% | 51.5% | 73.1% | 70.7% | 73.7% | ||
| 0.78 | 0.68 | 0.52 | 0.07 | 10.14 | 3.62 | 1.43 | 1.57 | 1.10 | 1.23 | 1.34 | 0.29 | 0.17 | 0.07 | 0.39 | 0.19 | 0.07 | 0.46 | 0.45 | 1.33 | ||
| 0.33 | 0.37 | 0.52 | 0.07 | 10.14 | 3.62 | 1.43 | 1.57 | 1.10 | 1.23 | 1.34 | 0.29 | 0.17 | 0.07 | 0.39 | 0.19 | 0.07 | 0.46 | 0.45 | 1.33 | ||
| 1.11 | 1.41 | 1.87 | 2.83 | 0.07 | 0.17 | 0.24 | 2.29 | 4.78 | 4.18 | 6.54 | 1.06 | 1.12 | 3.23 | 1.23 | 1.64 | 0.94 | 0.37 | 0.41 | 0.36 | ||
| 11.9% | 19.8% | 46.1% | 30.5% | 32.4% | 48.1% | 22.9% | 52.1% | -26.9% | 27.2% | -596.7% | 3.8% | 4.9% | 9.8% | 25.9% | -17.3% | -13.5% | -3.5% | -12.9% | -10.1% | ||
| 5.6% | 8.2% | 16.1% | 8.0% | 30.4% | 41.2% | 18.4% | 15.8% | -4.6% | 5.3% | -79.2% | 1.8% | 2.3% | 2.3% | 11.6% | -6.6% | -6.9% | -2.5% | -9.1% | -7.4% | ||
| 4.94 | 5.61 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €72,493 | €20,235 | - | €405,819 | €45,939 |
| Financial fixed assets | - | - | - | €1.9m | - |
| €65,433 | €63,281 | €62,019 | €57,323 | €36,428 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on INTERMACK
The operating result for 2025 is 22% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 58.5% to 52.6%. Equity is higher and debt is lower.