Checked.be · Company dossierhttps://checked.be/en/c/intersoft-electronics-group-0468557807 · as of 25-10-2026
INTERSOFT ELECTRONICS GROUP
Active
Public limited company · founded 1999 · active for 26 yearsLammerdries-Oost 27, 2250 Olen, BelgiumKBO/BCE: BE 0468.557.807
Summary
INTERSOFT ELECTRONICS GROUP has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.7m and a net result of €16.6m. Equity is shrinking by about 3% per year across the filed financial years. Its solvency ranks better than 56% of 3,849 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Auditor: Nicolaas Vandelanotte2025 accounts 56 days early6 of 23 deeds summarised
Why 93raises riskLiquidity: current ratio 0.08, cash €319,0241 of the last 3 latelowers riskSize: turnover €289,200, total assets €22.8mSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
93/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 70, medium-sized)
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency85+4
equity 60.0% of total assets
Liquidity42-8
short-term debt 25.4% · cash 1.4%
Profitability96+33
return on assets 72.7%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (796 companies, NACE 70, medium-sized)
Last 24 months11-2024: 1.1%12-2024: 1.1%● unchanged vs 11-202401-2025: 1.1%● unchanged vs 12-202402-2025: 1.1%● unchanged vs 01-202503-2025: 1.2%▲ +0.1 percentage points vs 02-202504-2025: 1.2%● unchanged vs 03-202505-2025: 1.3%▲ +0.1 percentage points vs 04-2025highest value06-2025: 1.2%▼ -0.1 percentage points vs 05-202507-2025: 0.2%▼ -1.0 percentage point vs 06-202508-2025: 0.2%● unchanged vs 07-202509-2025: 0.2%● unchanged vs 08-202510-2025: 0.2%● unchanged vs 09-202511-2025: 0.2%● unchanged vs 10-202512-2025: 0.2%● unchanged vs 11-202501-2026: 0.2%● unchanged vs 12-202502-2026: 0.2%● unchanged vs 01-202603-2026: 0.2%● unchanged vs 02-202604-2026: 0.2%● unchanged vs 03-202605-2026: 0.2%● unchanged vs 04-202606-2026: 0.2%● unchanged vs 05-202607-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value08-2026: 0.1%● unchanged vs 07-2026lowest value09-2026: 0.1%● unchanged vs 08-2026lowest value10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.08, compared with 0.26 in 2024, below 1; short-term debt: 25.4% and cash: 1.4% of total assets), and 40% 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 70, medium-sized): better than 51% on solvency, 28% on liquidity, 94% on profitability and 45% on growth.
The bankruptcy probability was computed on 24-10-2026 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).
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (4 of the last 5 filed years within 32 days of that day).
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€22.8m2025Equity€13.7m2025Debt€9.1m2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€5.3m2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)72.7%2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency60.0%2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.082025
Average staff in full-time equivalents (FTE).
Staff (FTE)2.32023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy 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
Net result€4.6m-€15.2m-€2.8mabove the sector's middle half▼ 81.4%€2.3mabove the sector's middle half▼ 16.8%€1.4mabove the sector's middle half▼ 41.1%-€6.6mbelow the sector's middle half€0.9mabove the sector's middle half€16.6mabove the sector's middle half▲ 18×
Equity€15.2m-€13.4m-€16.0mabove the sector's middle half▲ 19.2%€16.2mabove the sector's middle half▲ 1.3%€16.1mabove the sector's middle half▼ 0.4%€8.3mabove the sector's middle half▼ 48.3%€8.8mabove the sector's middle half▲ 5.4%€13.7mabove the sector's middle half▲ 55.9%
Total assets€15.3m-€18.8m-€17.6mabove the sector's middle half▼ 6.4%€18.5mabove the sector's middle half▲ 5.1%€17.5mabove the sector's middle half▼ 5.1%€10.1mabove the sector's middle half▼ 42.2%€15.6mabove the sector's middle half▲ 53.8%€22.8mabove the sector's middle half▲ 46.5%
Working capital€0.6m--€1.4m-€1.3mabove the sector's middle half€2.0mabove the sector's middle half▲ 50.4%€2.0mabove the sector's middle half▲ 0.6%€2.0mabove the sector's middle half▲ 2.5%-€1.2mbelow the sector's middle half-€5.3mbelow the sector's middle half▼ 341%
Solvency99.4%-71.5%-91.0%above the sector's middle half▲ 19.5pp87.7%above the sector's middle half▼ 3.3pp92.0%above the sector's middle half▲ 4.4pp82.3%above the sector's middle half▼ 9.7pp56.4%within the sector's middle half▼ 25.9pp60.0%within the sector's middle half▲ 3.6pp
Current ratio7.44-0.75-1.83within the sector's middle half▲ 1.081.87within the sector's middle half▲ 0.052.46within the sector's middle half▲ 0.592.15within the sector's middle half▼ 0.310.26below the sector's middle half▼ 1.890.08below the sector's middle half▼ 0.17
Return on assets (ROA)30.0%-81.1%-16.1%above the sector's middle half▼ 65.0pp12.7%above the sector's middle half▼ 3.3pp7.9%within the sector's middle half▼ 4.8pp-65.2%below the sector's middle half▼ 73.1pp5.8%within the sector's middle half▲ 70.9pp72.7%above the sector's middle half▲ 66.9pp
Staff (FTE)5.9-6.6-6.6above the sector's middle half=7.1within the sector's middle half▲ 7.6%6.2within the sector's middle half▼ 12.7%2.3within the sector's middle half▼ 62.9%
abovewithinbelowthe middle half of NACE 70, Activities of head offices; management consultancy 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.8m
97.9%
Fixed assets€22.3m ▲ 47.4%
Current assets€488,960 ▲ 16.9%
Equity and liabilities €22.8m
60.0%
40.0%
Equity€13.7m ▲ 55.9%
Debt€9.1m ▲ 34.4%
Debt's share of the balance-sheet total falls from 43.6% to 40.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.6m▲
2024 · €640,104
Cash flow
€16.6m▲
2024 · €967,160
Debt to equity
0.67▼
2024 · 0.77
ROE
121.2%▲
2024 · 10.3%
Interest coverage
5.23▲
2024 · 2.17
Debt ≤ 1 year
€5.8m▲
2024 · €1.6m
Debt > 1 year
€3.2m▼
2024 · €5.1m
Income taxes
€183▼
2024 · €869
Staff costs
€2,828▲
2024 · €120
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 72 lines
Balance sheetCode20242025
Assets
Total assets20/58€15.6m€22.8m▲
Fixed assets21/28€15.1m€22.3m▲
Intangible fixed assets21€0.004m€0.002m▼
Tangible fixed assets22/27€0.2m€0.1m▼
Land and buildings22€0.2m€0.1m▼
Furniture and vehicles24€0.001m€0.001m▼
Financial fixed assets28€15.0m€22.2m▲
Affiliated companies280/1€15.0m€22.2m▲
Participating interests280€8.8m€16.7m▲
Amounts receivable281€6.2m€5.5m▼
Current assets29/58€0.4m€0.5m▲
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€0.4m€0.1m▼
Trade receivables40€0.3m€0.1m▼
Other amounts receivable41€0.05m€0.01m▼
Cash at bank and in hand54/58€0.02m€0.3m▲
Deferred charges and accrued income490/1€0.04m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€15.6m€22.8m▲
Equity10/15€8.8m€13.7m▲
Contributions10/11€0.5m€0.5m=
Capital10€0.5m€0.5m=
Issued capital100€0.5m€0.5m=
Uncalled capital101€0.01m€0.01m=
Reserves13€0.05m€0.05m=
Non-distributable reserves130/1€0.05m€0.05m=
Legal reserve130€0.05m€0.05m=
Profit (loss) carried forward14€8.2m€13.1m▲
Amounts payable17/49€6.8m€9.1m▲
Amounts payable after more than one year17€5.1m€3.2m▼
Other amounts payable178/9€5.1m€3.2m▼
Amounts payable within one year42/48€1.6m€5.8m▲
Trade debts44€0.5m€0.3m▼
Suppliers440/4€0.5m€0.3m▼
Taxes, remuneration and social security45€120€0.005m▲
Taxes450/3€6€0.005m▲
Remuneration and social security454/9€114€0▼
Other amounts payable47/48€1.2m€5.5m▲
Accrued charges and deferred income492/3€0.05m€0.1m▲
Income statementCode20242025
Operating income70/76A€1.5m€1.9m▲
Turnover70€1.5m€0.3m▼
Other operating income74€0.001m€1.5m▲
Non-recurring operating income76A-€0.1m
Operating charges60/66A€0.9m€0.3m▼
Goods for resale, raw materials and consumables60-€0.001m
Purchases600/8-€0.001m
Services and other goods61€0.4m€0.3m▼
Remuneration, social security and pensions62€120€0.003m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.07m€0.04m▼
Other operating charges640/8€0.001m€0.001m▲
Non-recurring operating charges66A€0.4m€0.02m▼
Operating profit (loss)9901€0.6m€1.6m▲
Financial income75/76B€0.6m€15.3m▲
Recurring financial income75€0.6m€7.4m▲
Income from financial fixed assets750€0.3m€7.0m▲
Income from current assets751€0.3m€0.4m▲
Other financial income752/9€23€5▼
Non-recurring financial income76B-€7.9m
Financial charges65/66B€0.3m€0.3m▲
Recurring financial charges65€0.3m€0.3m▲
Debt charges650€0.3m€0.3m▲
Other financial charges652/9€0.001m€0.001m▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€0.9m€16.6m▲
Income taxes67/77€0.001m€183▼
Taxes670/3€0.001m€183▼
Profit (loss) for the period9904€0.9m€16.6m▲
Profit (loss) for the period to be appropriated9905€0.9m€16.6m▲
Appropriation of the result
Profit (loss) to be appropriated9906€8.7m€24.8m▲
Profit (loss) brought forward from the previous period14P€7.8m€8.2m▲
Profit to be distributed694/7€0.5m€11.7m▲
Return on contributions (dividend)694€0€6.7m▲
Directors or managers695€0.5m€5.0m▲
The notes to these accounts (83 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2019
2019
2020
2021
2022
2023
2024
2025
Change
Operating income70/76A
-
-
-
€1.3m
€1.7m
€0.8m
€1.5m
€1.9m
▲ 28.3%
Turnover70
€1.7m
€1.7m
€1.2m
€1.3m
€1.6m
€0.7m
€1.5m
€0.3m
▼ 80.5%
Other operating income74
-
-
-
€0.02m
€0.08m
€0.09m
€0.001m
€1.5m
▲ 1,124×
Non-recurring operating income76A
-
-
-
-
-
-
-
€0.1m
-
Operating charges60/66A
-
-
-
€1.0m
€1.5m
€1.0m
€0.9m
€0.3m
▼ 62.9%
Goods for resale, raw materials and consumables60
-
-
-
-
-
-
-
€0.001m
-
Purchases600/8
-
-
-
-
-
-
-
€0.001m
-
Services and other goods61
-
-
-
€0.5m
€0.9m
€0.8m
€0.4m
€0.3m
▼ 33.6%
Remuneration, social security and pensions62
-
-
-
€0.5m
€0.5m
€0.1m
€120
€0.003m
▲ 24×
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€0.03m
€0.03m
€0.06m
€0.06m
€0.07m
€0.07m
€0.07m
€0.04m
▼ 47.4%
Other operating charges640/8
-
-
-
€0.003m
€0.002m
€0.002m
€0.001m
€0.001m
▲ 3.0%
Non-recurring operating charges66A
-
-
-
-
-
€0.02m
€0.4m
€0.02m
▼ 94.3%
Gross operating margin9900
€1.2m
€1.4m
€0.7m
-
-
-
-
-
-
Operating profit (loss)9901
€0.8m
€1.0m
€0.2m
€0.3m
€0.2m
-€0.2m
€0.6m
€1.6m
▲ 174%
Financial income75/76B
-
-
-
€2.1m
€1.2m
€1.6m
€0.6m
€15.3m
▲ 25×
Recurring financial income75
€4.0m
€10.9m
€2.6m
€2.1m
€1.2m
€1.6m
€0.6m
€7.4m
▲ 12×
Income from financial fixed assets750
-
-
-
€2.1m
€1.2m
€1.5m
€0.3m
€7.0m
▲ 23×
Income from current assets751
-
-
-
-
-
€0.1m
€0.3m
€0.4m
▲ 32.0%
Other financial income752/9
-
-
-
-
-
-
€23
€5
▼ 76.6%
Non-recurring financial income76B
-
-
-
-
€0.02m
-
-
€7.9m
-
Financial charges65/66B
-
-
-
€0.03m
€0.03m
€8.0m
€0.3m
€0.3m
▲ 3.7%
Recurring financial charges65
€0.007m
€34
€0.006m
€0.004m
€0.01m
€0.05m
€0.3m
€0.3m
▲ 3.7%
Debt charges650
-
-
-
-
-
€0.05m
€0.3m
€0.3m
▲ 3.8%
Other financial charges652/9
-
-
-
€0.004m
€0.01m
€0.003m
€0.001m
€0.001m
▼ 10.8%
Non-recurring financial charges66B
-
-
-
€0.03m
€0.02m
€7.9m
€0
-
-
Profit (loss) for the period before taxes9903
€4.8m
€15.5m
€2.8m
€2.4m
€1.4m
-€6.6m
€0.9m
€16.6m
▲ 18×
Income taxes67/77
€0.2m
€0.2m
€0.003m
€0.008m
€0.001m
-
€0.001m
€183
▼ 78.9%
Taxes670/3
-
-
-
€0.008m
€0.001m
-
€0.001m
€183
▼ 78.9%
Profit (loss) for the period9904
€4.6m
€15.2m
€2.8m
€2.3m
€1.4m
-€6.6m
€0.9m
€16.6m
▲ 18×
Profit (loss) for the period to be appropriated9905
€4.6m
€15.2m
€2.8m
€2.3m
€1.4m
-€6.6m
€0.9m
€16.6m
▲ 18×
Line
2019
2019
2020
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€15.3m
€18.8m
€17.6m
€18.5m
€17.5m
€10.1m
€15.6m
€22.8m
▲ 46.5%
Fixed assets21/28
€14.6m
€14.8m
€14.7m
€14.2m
€14.2m
€6.3m
€15.1m
€22.3m
▲ 47.4%
Intangible fixed assets21
-
€0.2m
€0.1m
€0.1m
€0.07m
€0.03m
€0.004m
€0.002m
▼ 52.1%
Tangible fixed assets22/27
€0.3m
€0.3m
€0.2m
€0.2m
€0.2m
€0.2m
€0.2m
€0.1m
▼ 21.4%
Land and buildings22
-
-
-
€0.2m
€0.2m
€0.2m
€0.2m
€0.1m
▼ 21.3%
Furniture and vehicles24
-
-
-
€0.007m
€0.004m
€0.003m
€0.001m
€0.001m
▼ 36.7%
Financial fixed assets28
€14.3m
€14.3m
€14.3m
€13.9m
€13.9m
€6.1m
€15.0m
€22.2m
▲ 48.1%
Affiliated companies280/1
-
-
-
€13.9m
€13.9m
€6.1m
€15.0m
€22.2m
▲ 48.1%
Participating interests280
-
-
-
€13.9m
€13.9m
€6.1m
€8.8m
€16.7m
▲ 90.1%
Amounts receivable281
-
-
-
-
-
-
€6.2m
€5.5m
▼ 11.5%
Current assets29/58
€0.7m
€4.0m
€2.9m
€4.2m
€3.3m
€3.8m
€0.4m
€0.5m
▲ 16.9%
Stocks and contracts in progress3
-
-
-
-
-
-
-
€0
-
Amounts receivable within one year40/41
€0.6m
€1.8m
€1.1m
€2.9m
€3.2m
€3.7m
€0.4m
€0.1m
▼ 58.9%
Trade receivables40
-
-
-
€0.08m
€0.3m
€0.4m
€0.3m
€0.1m
▼ 56.0%
Other amounts receivable41
-
-
-
€2.8m
€2.8m
€3.3m
€0.05m
€0.01m
▼ 78.1%
Cash at bank and in hand54/58
€0.09m
€1.8m
€1.4m
€1.3m
€0.1m
€0.05m
€0.02m
€0.3m
▲ 14×
Deferred charges and accrued income490/1
-
-
-
€0.02m
€0.03m
€0.03m
€0.04m
€0.02m
▼ 42.4%
Equity and liabilities
Total equity and liabilities10/49
€15.3m
€18.8m
€17.6m
€18.5m
€17.5m
€10.1m
€15.6m
€22.8m
▲ 46.5%
Equity10/15
€15.2m
€13.4m
€16.0m
€16.2m
€16.1m
€8.3m
€8.8m
€13.7m
▲ 55.9%
Contributions10/11
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
=
Capital10
-
-
-
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
=
Issued capital100
-
-
-
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
=
Uncalled capital101
-
-
-
€0.01m
€0.01m
€0.01m
€0.01m
€0.01m
=
Reserves13
€0.05m
€0.05m
€0.05m
€0.05m
€0.05m
€0.05m
€0.05m
€0.05m
=
Non-distributable reserves130/1
-
-
-
€0.05m
€0.05m
€0.05m
€0.05m
€0.05m
=
Legal reserve130
-
-
-
€0.05m
€0.05m
€0.05m
€0.05m
€0.05m
=
Profit (loss) carried forward14
€14.6m
€12.8m
€15.4m
€15.6m
€15.6m
€7.8m
€8.2m
€13.1m
▲ 59.7%
Amounts payable17/49
€0.09m
€5.3m
€1.6m
€2.3m
€1.4m
€1.8m
€6.8m
€9.1m
▲ 34.4%
Amounts payable after more than one year17
-
-
-
-
-
-
€5.1m
€3.2m
▼ 36.8%
Other amounts payable178/9
-
-
-
-
-
-
€5.1m
€3.2m
▼ 36.8%
Amounts payable within one year42/48
€0.09m
€5.3m
€1.6m
€2.3m
€1.4m
€1.8m
€1.6m
€5.8m
▲ 257%
Trade debts44
€0.04m
€0.05m
€0.08m
€0.007m
€0.1m
€0.2m
€0.5m
€0.3m
▼ 29.2%
Suppliers440/4
-
-
-
€0.007m
€0.1m
€0.2m
€0.5m
€0.3m
▼ 29.2%
Taxes, remuneration and social security45
-
-
-
€0.09m
€0.1m
€0.03m
€120
€0.005m
▲ 40×
Taxes450/3
-
-
-
€0.05m
€0.04m
€0.009m
€6
€0.005m
▲ 802×
Remuneration and social security454/9
-
-
-
€0.05m
€0.07m
€0.02m
€114
€0
▼ 100%
Other amounts payable47/48
-
-
-
€2.2m
€1.1m
€1.5m
€1.2m
€5.5m
▲ 369%
Accrued charges and deferred income492/3
-
-
-
€0.03m
€0.04m
€0.02m
€0.05m
€0.1m
▲ 104%
Line
2019
2019
2020
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€4.6m
€15.2m
€2.8m
€2.3m
€1.4m
-€6.6m
€0.9m
€16.6m
▲ 18×
+ Depreciation and write-downs630
€0.03m
€0.03m
€0.06m
€0.06m
€0.07m
€0.07m
€0.07m
€0.04m
▼ 47.4%
Operating cash flow (approximation)
€4.6m
€15.2m
€2.9m
€2.4m
€1.4m
-€6.5m
€1.0m
€16.6m
▲ 17×
Investment in fixed assets (approximation)
-
-
€0.04m
€0.4m
-€0.005m
€7.8m
-€8.9m
-€7.2m
▲ 19.0%
Change in cash
-
-
-€0.5m
-€0.1m
-€1.1m
-€0.08m
-€0.03m
€0.3m
-
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Of the 82,448 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,994. 5,487 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
Directors
Who runs the company today and since when, grouped the way the KBO groups its office holders. Many recent board changes are a reason to keep a close eye.
Not every act has been read: a resignation may still be missing
17 of this company's 23 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
According to the 2025 annual accounts of INTERSOFT ELECTRONICS GROUP and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it.
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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Capital and shareholders
When capital was put in or taken out. An increase often strengthens the company; a reduction deserves a look.
Intersoft Electronics Services Italia S.r.l.ITsubsidiary
Equity -€169,835Result -€95,896
100%
According to the 2025 annual accounts of INTERSOFT ELECTRONICS GROUP and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it.
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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
10 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, zoom with the mouse wheel.
BE 0424.098.054partial demerger · Gazette deed of 18-08-2026 (4 acts)
History
History
The company's story in a few sentences, from the company register, the Belgian Official Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 21 December 1999, INTERSOFT ELECTRONICS GROUP was incorporated.1The company has filed 25 sets of annual accounts, the latest for financial year 2025.2
Next filing, financial year 2026, expected by
31-07-2027
2026
18-08
Gazette deedCapital & shares · Restructuring
Demerger · Declaration · Share issue16 facts ▸
General meeting, 28-07-2026
Demerger, “partiele splitsing” (deed in Dutch)
Other provision, “waiver of reading of split proposal, voorzitter ontslagen van voorlezen splitsingsvoorstel” (deed in Dutch)
Other provision, “waiver of reading of board report, voorzitter ontslagen van voorlezing verslag bestuursorgaan overnemende vennootschap” (deed in Dutch)
Other provision, “waiver of reading of auditor report, voorzitter ontslagen van voorlezing verslag commissaris” (deed in Dutch)
Demerger, “partiele splitsing, overeenkomstig splitsingsvoorstel en verslagen aangaande de inbreng in natura” (deed in Dutch)
Declaration, “splitsingsvoorstel en boekhoudkundige stukken, voldoende weergeven hoe de afgesplitste activa en passiva overgenomen worden” (deed in Dutch)
Other provision, “zakelijke rechten tot waarborg van financieringen, behouden hun volledige uitwerking” (deed in Dutch)
Other provision, “partieel te splitsen vennootschap en overnemende vennootschap, pand op de handelszaak” (deed in Dutch)
Other provision, 20-07-2026
Share issue, “volgestorte aandelen, ten laste van de overnemende vennootschap” (deed in Dutch)
Declaration, “bevoorrechte aandelen of effecten, geen bevoorrechte aandelen of effecten waaraan bijzondere rechten werden toegekend” (deed in Dutch)
+4 further facts in this act
18-06
Gazette deedRestructuring
Permanent representatives: Luc Switten and Wim De Naeyer · Merger · Capital14 facts ▸
Merger, “partiele splitsing door overneming, artikelen 12:8, 1°, 12:12 tot en met 12:23 en 12:59 tot en met 12:73 van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Permanent representative, Luc Switten
Permanent representative, Wim De Naeyer
Director in office, Erik Moons (director)
Capital (2 times)
Share issue, 198, EUR (2 times)
Accounting effect, 01-01-2026
Other provision, “bijzondere rechten en houders van andere effecten, geen aandeelhouders met bijzondere rechten en geen houders van andere effecten dan aandelen” (deed in Dutch)
Other provision, “commissary remuneration, waiver proposed to shareholders” (deed in Dutch)
Other provision, “special advantages to board members” (deed in Dutch)
Demerger, “partial split by absorption, rechtsgevolgen treden van rechtswege en gelijktijdig op” (deed in Dutch)
Shareholding, 08-06-2026
+2 further facts in this act
05-06
NBB filingAnnual accounts filed
financial year 2025 · full format
2025
31-12
FinancialHighest result from 2019 to 2025net €16.6m ▲1,743%
Operating result €1.6m, net result €16.6m, both a record.
31-12
FinancialEquity above €10mequity €13.7m ▲55.9%
2 profitable years in a row build equity to €13.7m.
09-07
Gazette deedResignations: Jan Bonte, Erik Moons and WPEF VII Holdco II BE NV
Permanent representatives: Luc Switten and Wim De Naeyer · Appointments: IE Holding NV (director) and WPEF VII Holdco II BE NV (director) · Power of attorney11 facts ▸
General meeting, 11-06-2025
Director resignation, Jan Bonte (director)
Director resignation, Erik Moons (director)
Director resignation, WPEF VII Holdco II BE NV (director)
Permanent representative, Luc Switten (2 times)
Director appointment, IE Holding NV (director)
Director appointment, WPEF VII Holdco II BE NV (director)
Permanent representative, Wim De Naeyer
Board meeting, 11-06-2025
Director resignation, WPEF VII Holdco II BE NV (day-to-day manager)
Power of attorney, IE Holding NV
19-06
Gazette deedAmendment of the articles
Board rule · Capital5 facts ▸
General meeting, 11-06-2025
Board rule, “monisme met optie tot het benoemen van een enig bestuurder” (deed in Dutch)
Amendment of the articles
Capital, €518,600
Other provision, “uittreksel afgeleverd vóór registratie bij toepassing van artikel 173,1°bis van het Wetboek der Registratierechten, afgifte vóór registratie” (deed in Dutch)
Director in office, WPEF VII Holdco II BE (director)
13-09
NBB filingAnnual accounts filed
financial year 2023 · full format · 44 days late
02-01
Gazette deedCapital & shares · Amendment of the articles · Name
Capital · Power of attorney4 facts ▸
General meeting, 14-12-2023, “buitengewone algemene vergadering” (deed in Dutch)
Amendment of the articles (3 times)
Capital, €518,600
Power of attorney
Show earlier events
2023
31-12
FinancialWeakest financial yearnet -€6.6m
Net result drops to -€6.6m, the lowest in the series; recovery starts the following year.
24-06
NBB filingAnnual accounts filed
financial year 2022 · full format
2022
26-07
NBB filingAnnual accounts filed
financial year 2021 · full format
2021
30-07
NBB filingAnnual accounts filed
financial year 2020 · abbreviated format
2020
31-12
FinancialLiquidity more than doubledcurrent ratio 1.83
Current ratio from 0.75 to 1.83; short-term debt falls from €5.3m to €1.6m.
20-07
NBB filingAnnual accounts filed
financial year 2019 · abbreviated format
2019
28-06
NBB filingAnnual accounts filed
financial year 2019 · abbreviated format
2018
13-09
NBB filingAnnual accounts filed
financial year 2018 · abbreviated format
2017
29-09
NBB filingAnnual accounts filed
financial year 2017 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 25 annual accounts filed, the latest 10 are here; all 25 are under Financials.
6 of 23 deeds read
About the unread acts
Of the 23 Belgian Official Gazette deeds we know for this company, 6 have been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.
PurposeThe activities the company may carry out under its articles.
“Het verlenen van diensten en adviezen in de meest ruime zin van het woord aan bedrijven en ondernemingen van alle aard, onder meer op het…” (deed in Dutch)
8 activities (deed in Dutch)
Het verlenen van diensten en adviezen in de meest ruime zin van het woord aan bedrijven en ondernemingen van alle aard, onder meer op het vlak van administratie, management, bedrijfsorganisatie, promotie en informatica.
Het waarnemen van de functie van bestuurder, manager of gemandateerde en vereffenaar ondernemingen en vennootschappen.
Het nemen en beheren van belangen en participaties in ondernemingen en vennootschappen.
Het verwerven, vervreemden en beheren van zowel roerende als onroerende goederen.
De invoer, uitvoer en handel van alle consumptiegoederen, grondstoffen, half-fabrikaten en fabrikaten.
Het verstrekken van leningen aan derden alsmede het zich borg stellen voor derden met: hypotheekstelling of verpanding van haar roerende en onroerende goederen.
Alle handelingen stellen van industriële commerciële of financiële, roerende en onroerende aard, die kunnen bijdragen tot de verwezenlijking, de bevordering of de uitbreiding van haar maatschappelijk voorwerp.
Rechtstreeks of onrechtstreeks deelnemen aan alle ondernemingen die een gelijkaardig voorwerp nastreven of waarvan het voorwerp in innige samenhang met het hare staat
Board ruleHow the board is made up, meets and takes decisions.
“6, 3” (deed in Dutch)
“Algemene vergadering, te allen tijde” (deed in Dutch)
“Vennootschap zelf tot bestuurder/zaakvoerder benoemd in een vennootschap, uitvoering mandaat in naam en voor rekening van rechtspersoon” (deed in Dutch)