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Internio

Active
Private limited companyfounded 2019active for 6 yearsIndustriepark "De Bruwaan" 14/a, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0740.596.087
Summary

The computed 12-month bankruptcy probability of Internio is 3.2% (moderate). The 2025 annual accounts show equity of €60,291 and a net result of €4,706. Equity is growing by about 8% per year across the filed financial years. Its solvency ranks better than 28% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
≈ €1.2mturnover 2025, estimated
Staff
5.7 FTE
Equity
€60,291
Profit
€4,706
Turnover estimated from the gross margin
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.2%
Structure
2025 accounts on time1 of 2 deeds summarised
Why 49raises riskLiquidity: current ratio 1.23, cash €0, halved1 of the last 3 lateFounded in 2019Sector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 51+6
equity 26.1% of total assets
Liquidity 25-6
short-term debt 50.5% · cash 0.0%
Profitability 69+12
return on assets 2.0%
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 11-2024: 2.4% 12-2024: 2.4%● unchanged vs 11-2024lowest value 01-2025: 2.5%▲ +0.1 percentage points vs 12-2024 02-2025: 2.6%▲ +0.1 percentage points vs 01-2025 03-2025: 2.6%● unchanged vs 02-2025 04-2025: 2.6%● unchanged vs 03-2025 05-2025: 3.1%▲ +0.5 percentage points vs 04-2025 06-2025: 3.3%▲ +0.2 percentage points vs 05-2025highest value 07-2025: 3.0%▼ -0.3 percentage points vs 06-2025 08-2025: 3.0%● unchanged vs 07-2025 09-2025: 3.0%● unchanged vs 08-2025 10-2025: 2.9%▼ -0.1 percentage points vs 09-2025 11-2025: 2.9%● unchanged vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 3.0%▲ +0.1 percentage points vs 12-2025 02-2026: 3.0%● unchanged vs 01-2026 03-2026: 2.9%▼ -0.1 percentage points vs 02-2026 04-2026: 2.5%▼ -0.4 percentage points vs 03-2026 05-2026: 3.2%▲ +0.7 percentage points vs 04-2026 06-2026: 3.2%● unchanged vs 05-2026 07-2026: 3.2%● unchanged vs 06-2026 08-2026: 3.2%● unchanged vs 07-2026 09-2026: 3.2%● unchanged vs 08-2026 10-2026: 3.2%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.23, compared with 1.11 in 2024, below the usual 1.5; short-term debt: 50.5% and cash: 0% of total assets), and 73.9% 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 43, micro): better than 28% on solvency, 14% on liquidity, 35% on profitability and 53% on growth.

The bankruptcy probability was computed on 30-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
raises riskneutral
raises risk · Liquidity: current ratio 1.23, cash €0, halved
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
on the day
2024
33 days late
2023
on the day
2022
31 days late
2021
293 days late
2020
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 57 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 May (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end31-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, micro format

Turnover
≈ €1.2m
Estimated: probably between €920,000 and €1.6m
Total assets
€230,574▼ 17.1%
2024 · €278,106
Net result
€4,706▲ 12×
2024 · €392
Working capital
€26,357▲ 69.8%
2024 · €15,526
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result recovers in 2025; 2025 is over 4.2 times 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€18,383 2025 Net result€4,706 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€159,422--€90,334€15,293€9,965▼ 34.8%€4,345▼ 56.4%€18,383▲ 323%
Net result€122,866above the sector's middle half--€92,441below the sector's middle half€11,708within the sector's middle half€8,517within the sector's middle half▼ 27.3%€392within the sector's middle half▼ 95.4%€4,706within the sector's middle half▲ 12×
Equity€127,866above the sector's middle half-€35,425within the sector's middle half▼ 72.3%€46,676within the sector's middle half▲ 31.8%€55,193within the sector's middle half▲ 18.2%€55,585within the sector's middle half▲ 0.7%€60,291within the sector's middle half▲ 8.5%
Total assets€197,622within the sector's middle half-€162,989within the sector's middle half▼ 17.5%€134,537within the sector's middle half▼ 17.5%€205,684within the sector's middle half▲ 52.9%€278,106within the sector's middle half▲ 35.2%€230,574within the sector's middle half▼ 17.1%
Debt€69,757-€127,564▲ 82.9%€87,861▼ 31.1%€150,491▲ 71.3%€222,521▲ 47.9%€170,282▼ 23.5%
Working capital€121,596above the sector's middle half-€15,972within the sector's middle half▼ 86.9%€21,238within the sector's middle half▲ 33.0%€57,710within the sector's middle half▲ 172%€15,526within the sector's middle half▼ 73.1%€26,357within the sector's middle half▲ 69.8%
Solvency64.7%within the sector's middle half-21.7%below the sector's middle half▼ 43.0pp34.7%within the sector's middle half▲ 13.0pp26.8%within the sector's middle half▼ 7.9pp20.0%below the sector's middle half▼ 6.8pp26.1%within the sector's middle half▲ 6.2pp
Current ratio2.74within the sector's middle half-1.14within the sector's middle half▼ 1.611.26within the sector's middle half▲ 0.131.59within the sector's middle half▲ 0.331.11within the sector's middle half▼ 0.481.23within the sector's middle half▲ 0.12
Return on assets (ROA)62.2%above the sector's middle half--56.7%below the sector's middle half▼ 118.9pp8.7%within the sector's middle half▲ 65.4pp4.1%within the sector's middle half▼ 4.6pp0.1%below the sector's middle half▼ 4.0pp2.0%within the sector's middle half▲ 1.9pp
Staff (FTE)0.3below the sector's middle half-2.4▲ 700%3.9▲ 62.5%4.6▲ 17.9%5▲ 8.7%5.7▲ 14.0%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro 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 €230,574
Fixed assets €87,813 ▼ 26.9%
Current assets €142,761 ▼ 9.6%
Equity and liabilities €230,574
Equity €60,291 ▲ 8.5%
Debt €170,282 ▼ 23.5%
Debt's share of the balance-sheet total falls from 80.0% to 73.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50,672▲
2024 · €28,700
Cash flow
€36,995▲
2024 · €24,747
Quick ratio
1.05▲
2024 · 0.85
Debt to equity
2.82▼
2024 · 4.00
ROE
7.8%▲
2024 · 0.7%
Interest coverage
5.74▲
2024 · 4.61
Debt ≤ 1 year
€116,404▼
2024 · €142,478
Debt > 1 year
€53,821▼
2024 · €80,043
Income taxes
€4,920▲
2024 · €450
Staff costs
€384,189▲
2024 · €326,377
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,274 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.7% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.5% went bankrupt
2.5% stopped otherwise
94.7% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,274 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€278,106€230,574▼
Fixed assets21/28€120,102€87,813▼
Intangible fixed assets21€3,447€2,234▼
Tangible fixed assets22/27€116,655€85,579▼
Land and buildings22€6,788€3,497▼
Plant, machinery and equipment23€5,320€1,721▼
Furniture and vehicles24€48,219€36,627▼
Leasing and similar rights25€56,328€43,734▼
Current assets29/58€158,004€142,761▼
Stocks and contracts in progress3€36,419€20,573▼
Stocks30/36€36,419€20,573▼
Amounts receivable within one year40/41€106,964€121,814▲
Trade receivables40€63,716€115,909▲
Other amounts receivable41€43,248€5,905▼
Cash at bank and in hand54/58€14,621€0▼
Deferred charges and accrued income490/1-€374
Equity and liabilities
Total equity and liabilities10/49€278,106€230,574▼
Equity10/15€55,585€60,291▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€50,585€55,291▲
Amounts payable17/49€222,521€170,282▼
Amounts payable after more than one year17€80,043€53,821▼
Financial debts170/4€80,043€53,821▼
Amounts payable within one year42/48€142,478€116,404▼
Current portion of amounts payable after more than one year42€24,626€25,682▲
Financial debts43€217€2,499▲
Credit institutions430/8€217€2,499▲
Trade debts44€15,796€6,361▼
Suppliers440/4€15,796€6,361▼
Taxes, remuneration and social security45€101,840€57,659▼
Taxes450/3€9,149€5,537▼
Remuneration and social security454/9€92,690€52,122▼
Other amounts payable47/48-€24,203
Accrued charges and deferred income492/3€0€58▲
Income statement Code20242025
Remuneration, social security and pensions62€326,377€384,189▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,354€32,289▲
Other operating charges640/8€2,738€1,897▼
Gross operating margin9900€357,815€436,758▲
Operating profit (loss)9901€4,345€18,383▲
Financial income75/76B€2,723€70▼
Recurring financial income75€2,723€70▼
Financial charges65/66B€6,226€8,826▲
Recurring financial charges65€6,226€8,826▲
Profit (loss) for the period before taxes9903€842€9,626▲
Income taxes67/77€450€4,920▲
Profit (loss) for the period9904€392€4,706▲
Profit (loss) for the period to be appropriated9905€392€4,706▲
Appropriation of the result
Profit (loss) to be appropriated9906€50,585€55,291▲
Profit (loss) brought forward from the previous period14P€50,193€50,585▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Remuneration, social security and pensions62-€218,641€276,736€300,152€326,377€384,189▲ 17.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€483€4,434€8,420€10,956€24,354€32,289▲ 32.6%
Other operating charges640/8-€6,349€1,681€7,570€2,738€1,897▼ 30.7%
Gross operating margin9900€172,568€139,091€302,130€328,643€357,815€436,758▲ 22.1%
Operating profit (loss)9901€159,422-€90,334€15,293€9,965€4,345€18,383▲ 323%
Financial income75/76B-€182€135€2,071€2,723€70▼ 97.4%
Recurring financial income75-€182€135€2,071€2,723€70▼ 97.4%
Financial charges65/66B-€2,288€3,719€3,519€6,226€8,826▲ 41.8%
Recurring financial charges65€57€2,288€3,719€3,519€6,226€8,826▲ 41.8%
Profit (loss) for the period before taxes9903€159,365-€92,441€11,708€8,517€842€9,626▲ 11×
Income taxes67/77€36,499-€0-€450€4,920▲ 995%
Profit (loss) for the period9904€122,866-€92,441€11,708€8,517€392€4,706▲ 12×
Profit (loss) for the period to be appropriated9905€122,866-€92,441€11,708€8,517€392€4,706▲ 12×
Line202020212022202320242025Change
Assets
Total assets20/58€197,622€162,989€134,537€205,684€278,106€230,574▼ 17.1%
Fixed assets21/28€6,270€29,196€32,578€50,150€120,102€87,813▼ 26.9%
Intangible fixed assets21-€2,241€7,249€5,169€3,447€2,234▼ 35.2%
Tangible fixed assets22/27€6,270€26,955€25,328€44,981€116,655€85,579▼ 26.6%
Land and buildings22-€8,629€11,638€8,489€6,788€3,497▼ 48.5%
Plant, machinery and equipment23-€16,720€12,920€9,120€5,320€1,721▼ 67.6%
Furniture and vehicles24-€1,605€770€27,371€48,219€36,627▼ 24.0%
Leasing and similar rights25----€56,328€43,734▼ 22.4%
Current assets29/58€191,352€133,793€101,959€155,534€158,004€142,761▼ 9.6%
Stocks and contracts in progress3€17,579€36,327€39,285€42,012€36,419€20,573▼ 43.5%
Stocks30/36-€36,327€39,285€42,012€36,419€20,573▼ 43.5%
Amounts receivable within one year40/41€104,658€58,810€50,696€98,536€106,964€121,814▲ 13.9%
Trade receivables40-€9,546€47,172€64,921€63,716€115,909▲ 81.9%
Other amounts receivable41-€49,264€3,524€33,615€43,248€5,905▼ 86.3%
Cash at bank and in hand54/58€68,703€38,181€11,978€14,986€14,621€0▼ 100%
Deferred charges and accrued income490/1-€475€0--€374-
Equity and liabilities
Total equity and liabilities10/49€197,622€162,989€134,537€205,684€278,106€230,574▼ 17.1%
Equity10/15€127,866€35,425€46,676€55,193€55,585€60,291▲ 8.5%
Contributions10/11-€5,000€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€122,866€30,425€41,676€50,193€50,585€55,291▲ 9.3%
Amounts payable17/49€69,757€127,564€87,861€150,491€222,521€170,282▼ 23.5%
Amounts payable after more than one year17-€9,743€7,140€23,317€80,043€53,821▼ 32.8%
Financial debts170/4-€9,743€7,140€23,317€80,043€53,821▼ 32.8%
Amounts payable within one year42/48€69,757€117,821€80,721€97,824€142,478€116,404▼ 18.3%
Current portion of amounts payable after more than one year42-€30,003€2,603€8,666€24,626€25,682▲ 4.3%
Financial debts43----€217€2,499▲ 12×
Credit institutions430/8----€217€2,499▲ 12×
Trade debts44€12,323€22,544€53,773€56,049€15,796€6,361▼ 59.7%
Suppliers440/4-€22,544€53,773€56,049€15,796€6,361▼ 59.7%
Taxes, remuneration and social security45-€65,273€24,345€33,110€101,840€57,659▼ 43.4%
Taxes450/3-€1,137€2,291€79€9,149€5,537▼ 39.5%
Remuneration and social security454/9-€64,137€22,054€33,031€92,690€52,122▼ 43.8%
Other amounts payable47/48-----€24,203-
Accrued charges and deferred income492/3---€29,350€0€58-
Line202020212022202320242025Change
Profit (loss) for the period9904€122,866-€92,441€11,708€8,517€392€4,706▲ 12×
+ Depreciation and write-downs630€483€4,434€8,420€10,956€24,354€32,289▲ 32.6%
Operating cash flow (approximation)€123,349-€88,006€20,129€19,473€24,747€36,995▲ 49.5%
Investment in fixed assets (approximation)--€27,360-€11,802-€28,528-€94,307€0-
Change in cash--€30,522-€26,203€3,008-€365-€14,621▼ 3,905%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
30-09-2025 micro format 30-04-2026 2026-00107031
30-09-2024 micro format 02-06-2025 2025-00125937
30-09-2023 micro format 30-04-2024 2024-00075939
30-09-2022 micro format 31-05-2023 2023-00101294
30-09-2021 micro format 17-02-2023 2023-00028442
30-09-2020 micro format 14-04-2021 2021-10400121

Similar companies · same sector, comparable size

Of the 19,854 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,321. 7,681 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 · 1 entry · €424 awarded · €424 paid
Schemes
1 entry · €424 · €424 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 30 December 2019, Internio was incorporated as a private limited company.1 Total assets went from €197,622 in 2020 to €230,574 in 2025 and headcount from 0.3 to 5.7 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
02-06
NBB filing Annual accounts filed
financial year 2024 · micro format · 33 days late
2024
30-04
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-05
NBB filing Annual accounts filed
financial year 2022 · micro format · 31 days late
05-04
Gazette deed Resignations & appointments
Registered-office move · Director in office3 facts ▸
  • General meeting, 30-12-2022
  • Registered-office move, Oudenaarde,Industriepark De Bruwaan 14/a
  • Director in office, Vander Haeghen Steven (director)
17-02
NBB filing Annual accounts filed
financial year 2021 · micro format · 293 days late
2022
30-09
Financial Back to profitnet €11,708
Net result €11,708 after one loss-making year.
2021
30-09
Financial Weakest financial yearnet -€92,441
Net result drops to -€92,441, the lowest in the series; recovery starts the following year.
14-04
NBB filing Annual accounts filed
financial year 2020 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded30-12-2019
Financial year end30-09
Activities, NACEBEL 2025
43320Joinery installation
Contact
E-mail info@internio.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0740596087
Registered 21-10-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0740.596.087

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
5,647 m²
Building footprint
833 m²
Building volume
3,528 m³
Parcel 45502B0606/00D002, Flanders · tallest building 6.6 m. Linked by address, not a title deed.
1 establishment unit
Internio
Industriepark "De Bruwaan" 14, 9700 OudenaardeJoinery installation
since 2019unit no. 2.297.683.243
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
45502B0606/00D002 Flanders 5,647 m² 1 · 833 m² 6.6 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.