INTERSOFT ELECTRONICS
The computed 12-month bankruptcy probability of INTERSOFT ELECTRONICS is 0.3% (very low). The 2022 annual accounts show equity of €2.11M and a net result of €-110k. Equity is shrinking by ~15.9% per year across the filed fiscal years. The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.11M |
| Net result | €-110k |
| Staff (FTE) | 51.9 |
| Active | 43 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2022 |
|---|---|
| Revenue | €7.77M |
| EBITDA | €169k |
| Net profit | €-110k |
| Cash flow | €170k |
| Staff costs | €4.56M |
| Income taxes | €-23k |
| Dividends | - |
| Total assets | €9.05M |
| Equity | €2.11M |
| Debt | €6.94M |
| of which ≤ 1y | €3.04M |
| of which > 1y | €3.50M |
| Working capital | €4.39M |
| Employees (FTE) | 51.9 |
| 2022 | |
|---|---|
| Current ratio | 2.45 |
| Quick ratio | 1.41 |
| Working capital ratio | 48.5% |
| Solvency | 23.3% |
| Debt / equity | 3.30 |
| Long-term debt ratio | 1.66 |
| Interest coverage | 1.74 |
| Gross margin | 91.2% |
| Net margin | -1.4% |
| ROA | -1.2% |
| ROE | -5.2% |
| EBITDA margin | 2.2% |
| Days sales outstanding | 106d |
| Days payable outstanding | 650d |
| Inventory turnover | 0.22 |
| Days inventory (DSI) | 1679d |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €9.05M |
| Fixed assets | 21/28 | €1.62M |
| Intangible fixed assets | 21 | €935k |
| Tangible fixed assets | 22/27 | €682k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €7.43M |
| Stocks & contracts in progress | 3 | €3.13M |
| Amounts receivable within one year | 40/41 | €2.68M |
| Cash & bank | 54/58 | €1.49M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €9.05M |
| Equity | 10/15 | €2.11M |
| Contributions / capital | 10/11 | €300k |
| Reserves | 13 | €103k |
| Accumulated profits (losses) | 14 | €1.70M |
| Amounts payable | 17/49 | €6.94M |
| Amounts payable after one year | 17 | €3.50M |
| Amounts payable within one year | 42/48 | €3.04M |
| Trade debts payable within one year | 44 | €1.21M |
| Income statement | ||
| Turnover | 70 | €7.77M |
| Operating result | 9901 | €-111k |
| Financial income | 75 | €95k |
| Financial charges | 65 | €117k |
| Result before taxes | 9903 | €-133k |
| Income taxes | 67/77 | €-23k |
| Net result for the period | 9904 | €-110k |
| Result to be appropriated | 9905 | €-110k |
| NACE primary | Computer programming & consultancy(62100) |
| Legal form | Public limited company(014) |
| Incorporation | 31-05-1983 |
| Status | Active |
| Postal code | 2250 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029E0515/00D000 | Flanders | 4,849 m² | 1 · 1,784 m² | 10.0 m · 2 fl. |
| 13373K0125/00C000 | Flanders | 2,951 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-07-2025 2 directors appointed, 2 resigning
- Luc Switten, Bestuurder
- Erik Moons, Bestuurder
- INTERSOFT ELECTRONICS GROUP NV, Bestuurder
- INTERSOFT ELECTRONICS GROUP NV, Persoon belast met het dagelijks bestuur
Technical details
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}17-06-2025 Articles of association amended
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}02-01-2024 Articles of association amended
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}28-07-2023 Nikolas Vandelanotte appointed as statutory auditor
- Nikolas Vandelanotte, Commissaris
Technical details
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}01-07-2022 3 directors appointed, 1 resigning
- Intersoft Electronics Group NV, Gedelegeerd bestuurder
- Erik Moons, Gedelegeerd bestuurder
- Luc Switten, Bestuurder
- M&E Consult BV, Bestuurder
Technical details
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}19-01-2022 1 director appointed, 1 resigning
- M&E Consult BV, Bestuurder
- Van Gent BVBA, Bestuurder
Technical details
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}26-07-2021 1 director appointed, 1 resigning
- Erik Moons, Gedelegeerd bestuurder
- Johnny Zeven, Bestuurder
Technical details
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}27-07-2020 1 director appointed, 1 resigning
- Figurad Bedrijfsrevisoren BV, Auditor
- Advionics (BE 0477.143.394), Bestuurder
Technical details
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}06-01-2020 Publication in the Belgian Official Gazette, Minor change
Technical details
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"notary": {
"name": "Katrien Eerens",
"firm_city": null,
"firm_name": null,
"office_city": "Geel",
"is_associated": false
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"decision": {
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"date": "2019-12-09",
"unanimous": true
},
"agm_change": {
"new_schedule": "eerste donderdag van juni om 16 uur",
"old_schedule": "eerste donderdag van de maand september te zestien uur",
"effective_from_year": 2020,
"rule_changes_summary": "De datum van de jaarvergadering is verplaatst van september naar juni. Geen veranderingen in quorum of meerderheidsregels vermeld."
},
"detected_kind": "fiscal_year_change",
"other_address": {
"action": "modified",
"purpose": "statutaire_zetel",
"address_new": "2250 Olen, Lammerdries-Oost 27",
"address_old": "2250 Olen, Lammerdries-Oost 27",
"effective_date": "2019-12-27",
"effective_date_is_approximate": false
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"mandate_renewal": null,
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"co_filed_documents": [
"afschrijft akte statutenwijziging",
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"fiscal_year_change": {
"new_end_mm_dd": "12-31",
"old_end_mm_dd": "03-31",
"new_start_mm_dd": "01-01",
"old_start_mm_dd": "04-01",
"first_full_new_year": 2020,
"transition_period_end": "2019-12-31"
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"liquidation_closure": {
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"single_shareholder_declaration": null
}04-10-2019 1 director appointed, 1 resigning
- Advionics, Bestuurder
- Nico Strynck, Bestuurder
Technical details
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}09-09-2019 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"patrimony_description": "Geen overdracht van vermogen of reorganisatie. De besluiten betreffen de neerlegging van een schriftelijke besluitvorming van de aandeelhouders over een besluit dat reeds genomen is.",
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}04-10-2018 Jan van Gent appointed as director
- Jan van Gent, Bestuurder
Technical details
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}22-01-2018 1 director appointed, 1 resigning
- BVBA Figurad Bedrijfsrevisorer, Commissaris
- BVBA De Mol, Meuldermans & Partners, Bedrijfsrevisoren, Commissaris
Technical details
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}21-10-2016 1 director appointed, 1 resigning
- Nico Strynck, Bestuurder
- Erik Moons, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | INTERSOFT ELECTRONICS |