Intersoc TO
ActiveThe computed 12-month bankruptcy probability of Intersoc TO is 4.0% (moderate). The 2025 annual accounts show equity of €1.45M and a net result of €248k. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 65% of 253 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+5
Solvency70▲+7
Growth70▼-15
Track record94
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.58 in 2024; short-term debt: 54.9% and cash: 21.1% of total assets), but 54.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
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
45.1%
Return on assets
7.7%
Age of the figures
10 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 02-06-2026, 28 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
28 d early
2024
40 d early
2023
39 d early
2022
64 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-11-2026 close30-06-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€6.58M▼ 24.5%
2024 · €8.71M
2022: €5.48M
2023: €8.55M
2024: €8.71M
2022 → 2025
EBIT margin
4.7%▲ 1.9pp
2024 · 2.9%
2022: 0.8%
2023: 0.3%
2024: 2.9%
2022 → 2025
Net result
€248k▲ 47.0%
2024 · €169k
2022: €29k
2023: €9k
2024: €169k
2022 → 2025
Working capital
€1.40M▲ 23.4%
2024 · €1.14M
2022: €485k
2023: €458k
2024: €1.14M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€5.48M-€8.55M▲ 55.9%€8.71M▲ 2.0%€6.58M▼ 24.5%
Equity€529k-€538k▲ 1.6%€1.21M▲ 124%€1.45M▲ 20.5%
Operating result€42k-€24k▼ 43.6%€250k▲ 952%€312k▲ 25.1%
Net result€29k-€9k▼ 70.9%€169k▲ 1,872%€248k▲ 47.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 25% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.23M
Fixed assets
€50k▼ 26.9%
Current assets
€3.18M▲ 2.7%
Equity and liabilities €3.23M
Equity
€1.45M▲ 20.5%
Debt
€1.77M▼ 9.3%
The debt ratio falls from 61.8% to 54.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€327k▲
2024 · €265k
Cash flow
€263k▲
2024 · €183k
Solvency
45.1%▲
2024 · 38.2%
Current ratio
1.79▲
2024 · 1.58
Quick ratio
1.79▲
2024 · 1.58
Debt / equity
1.22▼
2024 · 1.62
ROE
17.0%▲
2024 · 14.0%
ROA
7.7%▲
2024 · 5.3%
Interest coverage
20.01▲
2024 · 8.85
Debt
€1.77M▼
2024 · €1.95M
Debt ≤ 1 year
€1.77M▼
2024 · €1.95M
Income taxes
€77k▲
2024 · €58k
Staff costs
€422k▼
2024 · €467k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.16M€3.23M▲
Formation expenses20€1k€732▼
Fixed assets21/28€68k€50k▼
Intangible fixed assets21€31k€22k▼
Tangible fixed assets22/27€12k€7k▼
Furniture and vehicles24€12k€7k▼
Financial fixed assets28€24k€20k▼
Current assets29/58€3.09M€3.18M▲
Amounts receivable within one year40/41€2.39M€2.41M▲
Trade receivables40€189k€118k▼
Other amounts receivable41€2.20M€2.29M▲
Cash at bank and in hand54/58€555k€682k▲
Deferred charges and accrued income490/1€146k€87k▼
Equity and liabilities
Total equity and liabilities10/49€3.16M€3.23M▲
Equity10/15€1.21M€1.45M▲
Contributions10/11€1.00M€1.00M=
Reserves13€10k€23k▲
Non-distributable reserves130/1€10k€23k▲
Reserves not available under the articles1311€10k€23k▲
Profit (loss) carried forward14€196k€432k▲
Amounts payable17/49€1.95M€1.77M▼
Amounts payable within one year42/48€1.95M€1.77M▼
Trade debts44€707k€921k▲
Suppliers440/4€707k€921k▲
Advances received on contracts in progress46€1.12M€746k▼
Taxes, remuneration and social security45€128k€102k▼
Taxes450/3€65k€46k▼
Remuneration and social security454/9€63k€56k▼
Other amounts payable47/48€1k€3k▲
Income statement
Code20242025
Turnover70€8.71M€6.58M▼
Goods, raw materials, services and sundry goods60/61€7.93M€5.82M▼
Remuneration, social security and pensions62€467k€422k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€43k€0▼
Other operating charges640/8€9k€6k▼
Gross operating margin9900€784k€755k▼
Operating profit (loss)9901€250k€312k▲
Financial income75/76B€7k€29k▲
Recurring financial income75€7k€29k▲
Financial charges65/66B€30k€16k▼
Recurring financial charges65€30k€16k▼
Profit (loss) for the period before taxes9903€227k€325k▲
Income taxes67/77€58k€77k▲
Profit (loss) for the period9904€169k€248k▲
Profit (loss) for the period to be appropriated9905€169k€248k▲
Appropriation of the result
Profit (loss) to be appropriated9906€205k€444k▲
Profit (loss) brought forward from the previous period14P€36k€196k▲
Transfer to equity691/2€8k€12k▲
To the legal reserve6920€8k€12k▲
Social balance
Average headcount (FTE)90876.44.7▼
The notes to these accounts (10 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
09-09
State Gazette act
General meeting · Director resignationGeneral meeting · Director resignation · Director appointment4 facts ▸
State Gazette act
General meeting · Director resignation
General meeting · Director resignation · Director appointment4 facts ▸
- General meeting, 2026-05-27
- Director resignation, Danny Van Oevelen (lid van de Raad van Bestuur)
- Director appointment, Steven Hermans (Bestuurder)
- Director appointment, Alain Florquin (Voorzitter)
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-11
Financial
Highest result since 2022net €248k ▲47%
Operating result €312k, net result €248k, both a record.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-11
Financial
Equity above €1MEq €1.21M ▲124%
3 profitable years in a row build equity to €1.21M.
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-11
Financial
Weakest financial yearnet €9k ▼70.9%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
Florquin Alain
CurrentChair · since 27-05-2026
Steven Hermans
CurrentDirector · since 27-05-2026
27-05-2026
Florquin Alain: Appointed as Chair
27-05-2026
Steven Hermans: Appointed as Director
27-05-2026
Danny Van Oevelen: Resigned as Lid van de raad van bestuur
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Haachtsesteenweg 5791030 SchaarbeekGround area
2.1 ha
Building footprint
6,815 m²
Volume, LiDAR
146,882 m³
Parcel 21902A0280/00S000, Brussels · tallest building 36.4 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Intersoc TO
since 20222.330.472.312
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0280/00S000 | Brussels | 2.1 ha | 1 · 6,815 m² | 36.4 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
21 connected companiesLinked via shared directors
viaFlorquin Alain · Bestuurslid
→
viaSteven Hermans · Director
→
viaSteven Hermans · Director
→
viaFlorquin Alain · Director
→
Show 17 more companies with a shared director
viaFlorquin Alain · Managing director
→
viaFlorquin Alain · Managing director
→
viaSteven Hermans · Director
→
viaFlorquin Alain · Chair
→
viaSteven Hermans · Lid van het bestuursorgaan
→
viaFlorquin Alain · Lid van het bestuursorgaan
→
viaSteven Hermans · Director
→
viaSteven Hermans · Director
former→
viaSteven Hermans · Bestuurslid
former→
viaSteven Hermans · Director
former→
viaSteven Hermans · Director
former→
viaFlorquin Alain · Director
former→
viaSteven Hermans · Director
former→
viaSteven Hermans · Director
former→
viaFlorquin Alain · Director
former→
viaFlorquin Alain · Lid van de raad van bestuur
former→
viaSteven Hermans · Director
former→
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Of 529 companies in sector 79120 we hold annual accounts for 203. 91 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2022
Fiscal year end30-11
Activities, NACEBEL
79120Travel agency, tour operator and other reservation service and related activities
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:touroperating@intersoc.be
Phone:02 616 15 14