INTERMAT
ActiveSummary
INTERMAT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.88M and a net result of €684k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 62% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▲+37
Solvency80▲+3
Growth67▲+19
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €380k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.67 in 2024; short-term debt: 38.5% and cash: 6.4% of total assets), and 44.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.1%
Return on assets
6.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
55 d early
2023
63 d early
2022
55 d early
2021
41 d early
2020
57 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€22.11M▲ 15.1%
2024 · €19.21M
2018: €16.98M
2019: €18.75M
2020: €20.34M
2021: €23.75M
2022: €22.12M
2023: €22.32M
2024: €19.21M
2018 → 2025
EBIT margin
0.3%▲ 2.3pp
2024 · -2.0%
2018: 4.8%
2019: 3.6%
2020: 5.5%
2021: 6.3%
2022: 6.2%
2023: 2.9%
2024: -2.0%
2018 → 2025
Net result
€684k
2024 · €-440k
2018: €583k
2019: €404k
2020: €1.01M
2021: €1.31M
2022: €1.31M
2023: €582k
2024: €-440k
2018 → 2025
Working capital
€3.47M▲ 55.7%
2024 · €2.23M
2018: €140k
2019: €984k
2020: €951k
2021: €1.93M
2022: €2.68M
2023: €2.83M
2024: €2.23M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€23.75M-€22.12M▼ 6.8%€22.32M▲ 0.9%€19.21M▼ 13.9%€22.11M▲ 15.1%
Equity€4.25M-€5.41M▲ 27.3%€5.84M▲ 8.0%€5.40M▼ 7.5%€5.88M▲ 8.8%
Operating result€1.49M-€1.38M▼ 7.2%€654k▼ 52.7%€-377k€66k
Net result€1.31M-€1.31M▼ 0.2%€582k▼ 55.6%€-440k€684k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €66k after a loss of €377k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.67M
Fixed assets
€3.10M ▼ 35.9%
Current assets
€7.57M ▲ 35.9%
Equity and liabilities €10.67M
Equity
€5.88M ▲ 8.8%
Debt
€4.79M ▼ 4.2%
Debt's share of the balance-sheet total falls from 48.1% to 44.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€541k▲
2024 · €128k
Cash flow
€1.16M▲
2024 · €65k
Current ratio
1.84▲
2024 · 1.67
Quick ratio
0.96▲
2024 · 0.78
Debt to equity
0.82▼
2024 · 0.93
ROE
11.6%▲
2024 · -8.1%
ROA
6.4%▲
2024 · -4.2%
Interest coverage
9.00▲
2024 · 1.33
Debt ≤ 1 year
€4.11M▲
2024 · €3.35M
Debt > 1 year
€683k▼
2024 · €1.65M
Income taxes
€2k▲
2024 · €2k
Staff costs
€3.09M▲
2024 · €2.79M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 88 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10.41M€10.67M▲
Fixed assets21/28€4.84M€3.10M▼
Intangible fixed assets21€226k€156k▼
Tangible fixed assets22/27€940k€1.17M▲
Plant, machinery and equipment23€185k€241k▲
Furniture and vehicles24€24k€63k▲
Leasing and similar rights25€399k€592k▲
Other tangible fixed assets26€332k€273k▼
Financial fixed assets28€3.67M€1.77M▼
Affiliated companies280/1€3.64M€1.74M▼
Participating interests280€3.54M€1.74M▼
Amounts receivable281€98k-
Other financial fixed assets284/8€33k€33k▲
Amounts receivable and cash guarantees285/8€33k€33k▲
Current assets29/58€5.57M€7.57M▲
Stocks and contracts in progress3€2.97M€3.63M▲
Stocks30/36€2.97M€3.63M▲
Goods purchased for resale34€2.97M€3.63M▲
Amounts receivable within one year40/41€2.12M€3.15M▲
Trade receivables40€2.07M€3.06M▲
Other amounts receivable41€47k€94k▲
Cash at bank and in hand54/58€436k€681k▲
Deferred charges and accrued income490/1€48k€107k▲
Equity and liabilities
Total equity and liabilities10/49€10.41M€10.67M▲
Equity10/15€5.40M€5.88M▲
Contributions10/11€800k€800k=
Capital10€800k€800k=
Issued capital100€800k€800k=
Reserves13€4.60M€5.08M▲
Non-distributable reserves130/1€80k€80k=
Legal reserve130€80k€80k=
Tax-exempt reserves132€1.20M€316k▼
Distributable reserves133€3.32M€4.68M▲
Amounts payable17/49€5.01M€4.79M▼
Amounts payable after more than one year17€1.65M€683k▼
Financial debts170/4€1.65M€683k▼
Leasing and similar obligations172€319k€476k▲
Credit institutions173€1.33M€207k▼
Amounts payable within one year42/48€3.35M€4.11M▲
Current portion of amounts payable after more than one year42€527k€513k▼
Financial debts43€155k€55k▼
Credit institutions430/8€155k€55k▼
Trade debts44€2.17M€2.56M▲
Suppliers440/4€2.17M€2.56M▲
Advances received on contracts in progress46€25k€39k▲
Taxes, remuneration and social security45€465k€723k▲
Taxes450/3€150k€367k▲
Remuneration and social security454/9€316k€356k▲
Other amounts payable47/48-€213k
Accrued charges and deferred income492/3€12k€5k▼
Income statement
Code20242025
Operating income70/76A€19.68M€22.67M▲
Turnover70€19.21M€22.11M▲
Other operating income74€452k€533k▲
Non-recurring operating income76A€14k€23k▲
Operating charges60/66A€20.05M€22.60M▲
Goods for resale, raw materials and consumables60€13.92M€16.34M▲
Purchases600/8€14.16M€17.06M▲
Change in stocks: decrease (increase)609€-238k€-722k▼
Services and other goods61€2.64M€2.49M▼
Remuneration, social security and pensions62€2.79M€3.09M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€505k€475k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€109k€98k▼
Other operating charges640/8€86k€77k▼
Non-recurring operating charges66A-€34k
Operating profit (loss)9901€-377k€66k▲
Financial income75/76B€66k€711k▲
Recurring financial income75€66k€62k▼
Income from current assets751€13k€4k▼
Other financial income752/9€54k€57k▲
Non-recurring financial income76B-€649k
Financial charges65/66B€127k€91k▼
Recurring financial charges65€127k€91k▼
Debt charges650€97k€60k▼
Other financial charges652/9€31k€31k▲
Profit (loss) for the period before taxes9903€-438k€686k▲
Income taxes67/77€2k€2k▲
Taxes670/3€2k€2k▲
Profit (loss) for the period9904€-440k€684k▲
Transfer from tax-exempt reserves789€390k€884k▲
Profit (loss) for the period to be appropriated9905€-50k€1.57M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€1.57M▲
Transfer from equity791/2€50k-
From reserves792€50k-
Transfer to equity691/2-€1.36M
To other reserves6921-€1.36M
Profit to be distributed694/7-€210k
Directors or managers695-€210k
Social balance
Average headcount (FTE)908734.737.4▲
The notes to these accounts (83 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €684k
Net result €684k after one loss-making year.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-440k
Net result drops to €-440k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €5MEq €5.41M ▲27.3%
5 profitable years in a row build equity to €5.41M.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €1.31M ▲30%
Operating result €1.49M, net result €1.31M, both a record.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €2MEq €2.03M ▲24.9%
2 profitable years in a row build equity to €2.03M.
Show earlier events
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts
We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
22 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wielsbeke · 6 establishment units since 1999
Ground area
2.6 ha
Building footprint
9,028 m²
Volume, LiDAR
31,875 m³
6 parcels, Flanders, Wallonia · tallest building 42.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
6 establishment units
INTERMAT WIELSBEKE
since 19992.099.216.293
INTERMAT EEKLO
since 20062.224.124.876
INTERMAT GISTEL
since 20132.224.123.886
INTERMAT HERSELT
since 20142.228.866.493
Intermat Erembodegem
since 20152.239.077.823
INTERMAT Doornik
since 20232.342.511.594
6 parcels
Flanders
5
(83.3%)
Wallonia
1
(16.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37017C0343/00W003 | Flanders | 9,626 m² | 1 · 3,143 m² | 10.8 m |
| 35005A0515/00F000 | Flanders | 8,708 m² | 1 · 3,512 m² | 8.6 m · 2 fl. |
| 57050A0249/00X000 | Wallonia | 4,165 m² | 1 · 1,258 m² | 8.4 m · 1 fl. |
| 43005A0743/00L000 | Flanders | 2,564 m² | 1 · 884 m² | 42.5 m · 2 fl. |
| 13034G0855/00A002 | Flanders | 1,053 m² | 1 · 137 m² | 11.2 m · 2 fl. |
| 41014A0506/00H002 | Flanders | 347 m² | 1 · 93 m² | 0.7 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 5
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 9,527 EUR awarded · 9,804 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,488 EUR | 4,146 EUR |
| 2024 | 1 | 3,427 EUR | 5,046 EUR |
| 2022 | 1 | 612 EUR | 612 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400EYK9WPMSXWME77
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Of 233 companies in sector 77221 we hold annual accounts for 125. 30 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-11-1999
Fiscal year end31-12
Activities, NACEBEL 2025
46630Wholesale trade
77221Rental and leasing activities
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95313Repair and fitting of specific motor vehicle parts
46713Wholesale trade
77320Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.