INTERSET
ActiveSummary
INTERSET has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €78,090 and a net result of €47,102. Equity is shrinking by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 300 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+11
Solvency69▲+20
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.19 in 2023; short-term debt: 46.8% and cash: 19.3% of total assets), and 55.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €78,090
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-05-2025, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
70 d early
2023
61 d early
2022
39 d early
2021
59 d early
2020
23 d early
2019
52 d 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 51 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€78,090▲ 152%
2023 · €30,988
Total assets
€175,646▲ 35.3%
2023 · €129,797
Net result
€47,102▲ 121%
2023 · €21,319
Working capital
€40,040▲ 124%
2023 · €17,848
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€33,068▼ 592%-€3,211▲ 90.3%-€35,794▼ 1,015%€22,662€48,452▲ 114%
Net result-€33,738▼ 530%-€4,517▲ 86.6%-€37,475▼ 730%€21,319€47,102▲ 121%
Equity€51,662▼ 39.5%€47,144▼ 8.7%€9,669▼ 79.5%€30,988▲ 220%€78,090▲ 152%
Total assets€146,373▼ 17.8%€165,541▲ 13.1%€126,353▼ 23.7%€129,797▲ 2.7%€175,646▲ 35.3%
Debt€94,711▲ 2.2%€118,397▲ 25.0%€116,684▼ 1.4%€98,809▼ 15.3%€97,556▼ 1.3%
Working capital€35,302▼ 47.4%€24,096▼ 31.7%-€4,582€17,848€40,040▲ 124%
Staff (FTE)3.4▲ 41.7%3.7▲ 8.8%3.3▼ 10.8%2.6▼ 21.2%2.5▼ 3.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 114% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175,646
Fixed assets
€53,328 ▲ 189%
Current assets
€122,318 ▲ 9.9%
Equity and liabilities €175,646
Equity
€78,090 ▲ 152%
Debt
€97,556 ▼ 1.3%
Debt's share of the balance-sheet total falls from 76.1% to 55.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61,154▲
2023 · €32,390
Cash flow
€59,804▲
2023 · €31,047
Current ratio
1.49▲
2023 · 1.19
Quick ratio
1.47▲
2023 · 0.93
Debt to equity
1.25▼
2023 · 3.19
ROE
60.3%▼
2023 · 68.8%
ROA
26.8%▲
2023 · 16.4%
Interest coverage
53.71▲
2023 · 28.34
Debt ≤ 1 year
€82,278▼
2023 · €93,489
Debt > 1 year
€15,278▲
2023 · €5,320
Income taxes
€213▲
2023 · €200
Staff costs
€137,487▲
2023 · €114,503
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,324 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €159,864 | €174,091 | €114,503 | €137,487 | ▲ 20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,509 | €13,143 | €7,966 | €9,728 | €12,702 | ▲ 30.6% |
| Other operating charges640/8 | - | €6,956 | €6,658 | €1,358 | €3,084 | ▲ 127% |
| Non-recurring operating charges66A | - | €4,570 | €0 | - | - | - |
| Gross operating margin9900 | €138,744 | €181,322 | €152,921 | €148,252 | €201,725 | ▲ 36.1% |
| Operating profit (loss)9901 | -€33,068 | -€3,211 | -€35,794 | €22,662 | €48,452 | ▲ 114% |
| Financial income75/76B | - | €0 | €7 | €0 | €1 | - |
| Recurring financial income75 | €0 | €0 | €7 | €0 | €1 | - |
| Financial charges65/66B | - | €859 | €1,357 | €1,143 | €1,139 | ▼ 0.4% |
| Recurring financial charges65 | €474 | €859 | €1,357 | €1,143 | €1,139 | ▼ 0.4% |
| Profit (loss) for the period before taxes9903 | -€33,541 | -€4,070 | -€37,144 | €21,519 | €47,314 | ▲ 120% |
| Income taxes67/77 | €197 | €447 | €331 | €200 | €213 | ▲ 6.1% |
| Profit (loss) for the period9904 | -€33,738 | -€4,517 | -€37,475 | €21,319 | €47,102 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | -€33,738 | -€4,517 | -€37,475 | €21,319 | €47,102 | ▲ 121% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €146,373 | €165,541 | €126,353 | €129,797 | €175,646 | ▲ 35.3% |
| Fixed assets21/28 | €42,173 | €56,608 | €21,997 | €18,460 | €53,328 | ▲ 189% |
| Intangible fixed assets21 | - | - | - | - | €10,410 | - |
| Tangible fixed assets22/27 | €42,123 | €56,608 | €21,997 | €18,460 | €38,418 | ▲ 108% |
| Land and buildings22 | - | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | €11,994 | €8,153 | €9,715 | €15,517 | ▲ 59.7% |
| Furniture and vehicles24 | - | €1,255 | €1,803 | €1,251 | €1,361 | ▲ 8.8% |
| Leasing and similar rights25 | - | €43,359 | €12,042 | €7,494 | €2,945 | ▼ 60.7% |
| Other tangible fixed assets26 | - | - | - | - | €18,595 | - |
| Financial fixed assets28 | €50 | €0 | - | - | €4,500 | - |
| Current assets29/58 | €104,200 | €108,933 | €104,356 | €111,337 | €122,318 | ▲ 9.9% |
| Stocks and contracts in progress3 | €1,487 | €1,487 | €19,829 | €23,934 | €1,487 | ▼ 93.8% |
| Stocks30/36 | - | €1,487 | €19,829 | €1,487 | €1,487 | = |
| Contracts in progress37 | - | - | - | €22,447 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €57,671 | €52,335 | €69,452 | €71,941 | €83,542 | ▲ 16.1% |
| Trade receivables40 | - | €52,335 | €69,452 | €71,921 | €83,542 | ▲ 16.2% |
| Other amounts receivable41 | - | - | - | €21 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €42,380 | €51,623 | €14,582 | €13,909 | €33,948 | ▲ 144% |
| Deferred charges and accrued income490/1 | - | €3,488 | €493 | €1,552 | €3,341 | ▲ 115% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €146,373 | €165,541 | €126,353 | €129,797 | €175,646 | ▲ 35.3% |
| Equity10/15 | €51,662 | €47,144 | €9,669 | €30,988 | €78,090 | ▲ 152% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €33,112 | €28,594 | €10,545 | €12,438 | €59,540 | ▲ 379% |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | €0 | - | - |
| Tax-exempt reserves132 | - | €8,690 | €8,690 | €8,690 | €8,690 | = |
| Distributable reserves133 | - | €18,049 | €0 | €3,748 | €50,849 | ▲ 1,257% |
| Profit (loss) carried forward14 | - | - | -€19,426 | €0 | - | - |
| Amounts payable17/49 | €94,711 | €118,397 | €116,684 | €98,809 | €97,556 | ▼ 1.3% |
| Amounts payable after more than one year17 | €25,813 | €33,560 | €7,746 | €5,320 | €15,278 | ▲ 187% |
| Financial debts170/4 | - | €33,560 | €7,746 | €5,320 | €15,278 | ▲ 187% |
| Amounts payable within one year42/48 | €68,898 | €84,837 | €108,938 | €93,489 | €82,278 | ▼ 12.0% |
| Current portion of amounts payable after more than one year42 | - | €12,262 | €4,567 | €6,406 | €9,663 | ▲ 50.9% |
| Trade debts44 | €36,469 | €43,586 | €81,971 | €70,681 | €52,918 | ▼ 25.1% |
| Suppliers440/4 | - | €43,586 | €81,971 | €70,681 | €52,918 | ▼ 25.1% |
| Taxes, remuneration and social security45 | - | €28,989 | €22,400 | €16,403 | €19,697 | ▲ 20.1% |
| Taxes450/3 | - | €3,708 | €1,487 | €1,655 | €805 | ▼ 51.3% |
| Remuneration and social security454/9 | - | €25,281 | €20,913 | €14,748 | €18,892 | ▲ 28.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€33,738 | -€4,517 | -€37,475 | €21,319 | €47,102 | ▲ 121% |
| + Depreciation and write-downs630 | €18,509 | €13,143 | €7,966 | €9,728 | €12,702 | ▲ 30.6% |
| Operating cash flow (approximation) | -€15,229 | €8,626 | -€29,509 | €31,047 | €59,804 | ▲ 92.6% |
| Investment in fixed assets (approximation) | - | -€27,578 | €26,644 | -€6,191 | -€47,569 | ▼ 668% |
| Change in cash | - | €9,243 | -€37,041 | -€672 | €20,038 | ▲ 3,081% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €47,102 ▲121%
Operating result €48,452, net result €47,102, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €21,319
Net result €21,319 after 5 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Zwevegem · 1 establishment unit since 2002
Ground area
1.2 ha
Building footprint
3,458 m²
Volume, LiDAR
1,131 m³
2 parcels, Flanders · tallest building 7.5 m. Linked by address, not a title deed.
1 establishment unit
Bekaertstraat(Z) 2 c, 8550 Zwevegem
since 20022.041.558.208
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042A0501/00E003 | Flanders | 6,497 m² | 1 · 1,790 m² | 7.5 m |
| 34042A0501/00L008 | Flanders | 5,654 m² | 1 · 1,668 m² | 4.6 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
- Sourceaccounts Samano 202450%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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WE PRINT
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Of 2,856 companies in sector 18130 we hold annual accounts for 832. 704 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
18130Pre-press and pre-media services
73110Advertising agencies
73120Media representation
73200Market research and public opinion polling
73300Public relations and communication consultancy
74140Other specialised design activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436174257
Also
9925:BE0436174257
Registered
27-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.