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INTERMEZZO

Active
Public limited companyfounded 1994active for 32 yearsGrote Markt 13, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0452.764.524
Summary

INTERMEZZO has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191,164 and a net result of -€33,844. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 87% of 4,743 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Full-service restaurants
NACE 56111
5th oldest company in Tongeren-Borgloon, Accommodation and food service sector1 site
Size
€260,567total assets 2025
Staff
7.5 FTE
Equity
€191,164
Loss
-€33,844
Turnover not published (abbreviated format)
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
INTERMEZZO HOLDING · 100%
  • EME-MANAGE BVManaging director · permanent representative Lenaerts Erwin
  • Jayjay BVManaging director · permanent representative Jaeken Jarne
Accounts 52 days early1 of 4 deeds read
Why 82raises riskLoss of €33,844, the second in a row (financial year 2025)Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 3.99, cash €91,526Founded in 1994Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 98+11
equity 73.4% of total assets
Liquidity 87+6
short-term debt 20.8% · cash 35.1%
Profitability 3-29
return on assets -13.0%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,755 companies, NACE 56, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.99, compared with 2.6 in 2024, above the usual 1.5; short-term debt: 20.8% and cash: 35.1% of total assets), and 26.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 86% on solvency, 89% on liquidity, 18% on profitability and 28% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €33,844, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.99, cash €91,526
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€33,844
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 days early
2024
41 days early
2023
63 days early
2022
21 days early
2021
22 days late
2020
11 days late
2019
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€33,844
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€33,844 View
  • Caution: Among the weakest 13% on net resultsector median €10,420 · 4,738 companies -€33,844 View
  • Controlled by INTERMEZZO HOLDING 100% View
  • Caution: Staff fell in 2025from 10.7 FTE to 7.5 FTE ▼ 29.9% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€260,567
Loss
-€33,844
Solvency
73.4%
Total assets▼ 27.8%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
INTERMEZZO HOLDING · 100%
  • EME-MANAGE BVManaging director
  • Jayjay BVManaging director
Go to Board & ownership

Timeline

Events
34
Since
1996
Next accounts
by 31-07-2027
  1. 29-05-2024Annual accounts filed
  2. 21-05-2024Resignation: INTERMEZZO HOLDING NV (director)
  3. 10-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Full-service restaurantsNACE 56111
Founded
30-05-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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