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Interna

Active
Private limited companyfounded 2025active for 1 yearNeerveldstraat 34, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 1020.056.948

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 28-07-2026 at the NBB

Turnover
≈ €2,300
Estimated: probably between €1,300 and €3,300
Total assets
€13,744
Net result
-€3,947
Working capital
-€8,568

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €13,744
Fixed assets €10,355
Current assets €3,388
Equity and liabilities €13,744
Equity €1,053
Debt €12,691
Debt's share of the balance-sheet total is 92.3%.
Key figures and ratios
2025 value
EBITDA
€21
Cash flow
-€39
Current ratio
0.28
Quick ratio
0.15
Debt to equity
12.06
ROE
-375.0%
ROA
-28.7%
Interest coverage
0.36
Debt ≤ 1 year
€11,956

Comparable companies

These companies have the same main activity as Interna: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €12,200 and €21,000, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
Interna Heusden-Zolder2025€13,744€1,053€185--€3,9472025
SESE Tienen2025€13,262€13,262-€5,137--€5,3382025
N.P. Chauffage & Sanitaires Wezembeek-Oppem2025€12,179-€8,577-€8,004--€8,5772026
Refripro Farciennes2024€12,508€5,034€1,028€105,545-€1,4032025
VINCY & CO Koekelberg2025€13,006€164-€2,836€9,652-€2,8362025
JG ALL WORKS Alken2025€21,045-€3,391-€298--€6,3912025
Heat Solution Jette2024€13,287€6,641-€3,258--€9,4312025

They were chosen from the 5,585 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 167 companies had the same profile as Interna has now. Two years later, 4.2% had gone bankrupt and 88.6% were still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
6.6% stopped otherwise
88.6% was still going

Another 0.6% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Interna itself: 2.3% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 167 companies, not a prediction for Interna. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines

Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€13,744
Fixed assets21/28€10,355
Tangible fixed assets22/27€10,355
Plant, machinery and equipment23€2,894
Furniture and vehicles24€7,461
Current assets29/58€3,388
Stocks and contracts in progress3€1,647
Stocks30/36€1,647
Amounts receivable within one year40/41€158
Other amounts receivable41€158
Cash at bank and in hand54/58€728
Deferred charges and accrued income490/1€856
Equity and liabilities
Total equity and liabilities10/49€13,744
Equity10/15€1,053
Contributions10/11€5,000
Profit (loss) carried forward14-€3,947
Amounts payable17/49€12,691
Amounts payable within one year42/48€11,956
Trade debts44€145
Suppliers440/4€145
Other amounts payable47/48€11,811
Accrued charges and deferred income492/3€735
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,909
Other operating charges640/8€163
Gross operating margin9900€185
Operating profit (loss)9901-€3,887
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€60
Recurring financial charges65€60
Profit (loss) for the period before taxes9903-€3,947
Profit (loss) for the period9904-€3,947
Profit (loss) for the period to be appropriated9905-€3,947
Appropriation of the result
Profit (loss) to be appropriated9906-€3,947

The notes to these accounts have 5 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.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,909
Other operating charges640/8€163
Gross operating margin9900€185
Operating profit (loss)9901-€3,887
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€60
Recurring financial charges65€60
Profit (loss) for the period before taxes9903-€3,947
Profit (loss) for the period9904-€3,947
Profit (loss) for the period to be appropriated9905-€3,947
Line2025
Assets
Total assets20/58€13,744
Fixed assets21/28€10,355
Tangible fixed assets22/27€10,355
Plant, machinery and equipment23€2,894
Furniture and vehicles24€7,461
Current assets29/58€3,388
Stocks and contracts in progress3€1,647
Stocks30/36€1,647
Amounts receivable within one year40/41€158
Other amounts receivable41€158
Cash at bank and in hand54/58€728
Deferred charges and accrued income490/1€856
Equity and liabilities
Total equity and liabilities10/49€13,744
Equity10/15€1,053
Contributions10/11€5,000
Profit (loss) carried forward14-€3,947
Amounts payable17/49€12,691
Amounts payable within one year42/48€11,956
Trade debts44€145
Suppliers440/4€145
Other amounts payable47/48€11,811
Accrued charges and deferred income492/3€735
Line2025
Profit (loss) for the period9904-€3,947
+ Depreciation and write-downs630€3,909
Operating cash flow (approximation)-€39

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 28-07-2026 2026-00349428 NBB

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