INTERSOUND
ActiveSummary
INTERSOUND has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-449k) and a net result of €-270k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 8095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-76
Solvency1▼-17
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.39 in 2023; short-term debt: 116.6% and cash: 0.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-24.4%
Return on assets
-14.7%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-449k
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2024 was due by 30-07-2025 and was filed on 24-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
1 d late
2022
27 d early
2021
11 d late
2020
22 d early
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-449k▼ 151%
2023 · €-179k
2018: €198khighest in 7 years
2019: €-233k▼ -218% vs 2018
2020: €-336k▼ -44.1% vs 2019
2021: €-428k▼ -27.4% vs 2020
2022: €-328k▲ +23.3% vs 2021
2023: €-179k▲ +45.6% vs 2022
2024: €-449k▼ -151% vs 2023lowest in 7 years
2018 → 2024
Total assets
€1.84M▼ 26.8%
2023 · €2.51M
2018: €1.67M
2019: €1.64M▼ -2.1% vs 2018lowest in 7 years
2020: €1.87M▲ +13.9% vs 2019
2021: €1.95M▲ +4.6% vs 2020
2022: €2.49M▲ +27.4% vs 2021
2023: €2.51M▲ +1.1% vs 2022highest in 7 years
2024: €1.84M▼ -26.8% vs 2023
2018 → 2024
Net result
€-270k
2023 · €150k
2018: €-13k
2019: €-431k▼ -3244% vs 2018lowest in 7 years
2020: €-103k▲ +76.1% vs 2019
2021: €-92k▲ +10.6% vs 2020
2022: €100k▲ +208% vs 2021
2023: €150k▲ +50.3% vs 2022highest in 7 years
2024: €-270k▼ -281% vs 2023
2018 → 2024
Working capital
€-1.73M▼ 12.6%
2023 · €-1.54M
2018: €-168khighest in 7 years
2019: €-662k▼ -294% vs 2018
2020: €-972k▼ -46.8% vs 2019
2021: €-1.38M▼ -42.0% vs 2020
2022: €-1.72M▼ -24.7% vs 2021
2023: €-1.54M▲ +10.6% vs 2022
2024: €-1.73M▼ -12.6% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-336k-€-428k▼ 27.4%€-328k▲ 23.3%€-179k▲ 45.6%€-449k▼ 151%
2020: €-336k
2021: €-428k▼ -27.4% vs 2020
2022: €-328k▲ +23.3% vs 2021
2023: €-179k▲ +45.6% vs 2022highest in 5 years
2024: €-449k▼ -151% vs 2023lowest in 5 years
Operating result€-73k-€-81k▼ 10.7%€104k€159k▲ 53.4%€-242k
2020: €-73k
2021: €-81k▼ -10.7% vs 2020
2022: €104k▲ +229% vs 2021
2023: €159k▲ +53.4% vs 2022highest in 5 years
2024: €-242k▼ -252% vs 2023lowest in 5 years
Net result€-103k-€-92k▲ 10.6%€100k€150k▲ 50.3%€-270k
2020: €-103k
2021: €-92k▲ +10.6% vs 2020
2022: €100k▲ +208% vs 2021
2023: €150k▲ +50.3% vs 2022highest in 5 years
2024: €-270k▼ -281% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €242k after €159k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.84M
Fixed assets
€1.43M ▼ 6.7%
Current assets
€413k ▼ 58.0%
Key figures and ratios
EBITDA
€-122k▼
2023 · €294k
Cash flow
€-150k▼
2023 · €284k
Solvency
-24.4%▼
2023 · -7.1%
Current ratio
0.19▼
2023 · 0.39
Debt to equity
-5.10▲
2023 · -15.07
ROA
-14.7%▼
2023 · 6.0%
Interest coverage
-3.98▼
2023 · 24.90
Debt
€2.29M▼
2023 · €2.69M
Debt ≤ 1 year
€2.15M▼
2023 · €2.52M
Debt > 1 year
€142k▼
2023 · €164k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.51M€1.84M▼
Fixed assets21/28€1.53M€1.43M▼
Tangible fixed assets22/27€1.53M€1.43M▼
Land and buildings22€1.53M€1.43M▼
Furniture and vehicles24€1k€894▼
Financial fixed assets28€1€1=
Current assets29/58€984k€413k▼
Amounts receivable within one year40/41€925k€388k▼
Trade receivables40€408k€242k▼
Other amounts receivable41€516k€146k▼
Cash at bank and in hand54/58€58k€4k▼
Deferred charges and accrued income490/1€1k€21k▲
Equity and liabilities
Total equity and liabilities10/49€2.51M€1.84M▼
Equity10/15€-179k€-449k▼
Contributions10/11€9k€9k=
Reserves13€5k€5k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-192k€-463k▼
Amounts payable17/49€2.69M€2.29M▼
Amounts payable after more than one year17€164k€142k▼
Financial debts170/4€164k€142k▼
Amounts payable within one year42/48€2.52M€2.15M▼
Current portion of amounts payable after more than one year42€23k€23k=
Financial debts43€465k€413k▼
Credit institutions430/8€465k€413k▼
Trade debts44€48k€87k▲
Suppliers440/4€48k€87k▲
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€11k€5k▼
Other amounts payable47/48€1.98M€1.62M▼
Accrued charges and deferred income492/3€4k€1k▼
Income statement
Code20232024
Non-recurring operating income76A€16k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€135k€120k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k€0▲
Other operating charges640/8€5k€14k▲
Non-recurring operating charges66A-€67k
Gross operating margin9900€297k€-41k▼
Operating profit (loss)9901€159k€-242k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€12k€31k▲
Recurring financial charges65€12k€31k▲
Profit (loss) for the period before taxes9903€150k€-270k▼
Profit (loss) for the period9904€150k€-270k▼
Profit (loss) for the period to be appropriated9905€150k€-270k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-192k€-463k▼
Profit (loss) brought forward from the previous period14P€-342k€-192k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | €26k | €16k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55k | €84k | €122k | €135k | €120k | ▼ 10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €-2k | €0 | ▲ 100% |
| Other operating charges640/8 | - | €15k | €4k | €5k | €14k | ▲ 170% |
| Non-recurring operating charges66A | - | - | - | - | €67k | - |
| Gross operating margin9900 | €-14k | €18k | €229k | €297k | €-41k | ▼ 114% |
| Operating profit (loss)9901 | €-73k | €-81k | €104k | €159k | €-242k | ▼ 252% |
| Financial income75/76B | - | €27k | €7k | €2k | €2k | ▲ 0.8% |
| Recurring financial income75 | €15k | €27k | €7k | €2k | €2k | ▲ 0.8% |
| Financial charges65/66B | - | €17k | €12k | €12k | €31k | ▲ 159% |
| Recurring financial charges65 | €33k | €17k | €12k | €12k | €31k | ▲ 159% |
| Profit (loss) for the period before taxes9903 | €-91k | €-71k | €100k | €150k | €-270k | ▼ 281% |
| Income taxes67/77 | €11k | €21k | €0 | - | - | - |
| Profit (loss) for the period9904 | €-103k | €-92k | €100k | €150k | €-270k | ▼ 281% |
| Profit (loss) for the period to be appropriated9905 | €-103k | €-92k | €100k | €150k | €-270k | ▼ 281% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.87M | €1.95M | €2.49M | €2.51M | €1.84M | ▼ 26.8% |
| Fixed assets21/28 | €869k | €1.16M | €1.58M | €1.53M | €1.43M | ▼ 6.7% |
| Tangible fixed assets22/27 | €869k | €1.16M | €1.58M | €1.53M | €1.43M | ▼ 6.7% |
| Land and buildings22 | - | €1.15M | €1.57M | €1.53M | €1.43M | ▼ 6.6% |
| Furniture and vehicles24 | - | €11k | €7k | €1k | €894 | ▼ 22.8% |
| Financial fixed assets28 | - | - | - | €1 | €1 | = |
| Current assets29/58 | €997k | €788k | €906k | €984k | €413k | ▼ 58.0% |
| Amounts receivable within one year40/41 | €979k | €761k | €860k | €925k | €388k | ▼ 58.0% |
| Trade receivables40 | - | €161k | €354k | €408k | €242k | ▼ 40.6% |
| Other amounts receivable41 | - | €599k | €506k | €516k | €146k | ▼ 71.8% |
| Cash at bank and in hand54/58 | €17k | €27k | €44k | €58k | €4k | ▼ 93.7% |
| Deferred charges and accrued income490/1 | - | €597 | €1k | €1k | €21k | ▲ 1,640% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.87M | €1.95M | €2.49M | €2.51M | €1.84M | ▼ 26.8% |
| Equity10/15 | €-336k | €-428k | €-328k | €-179k | €-449k | ▼ 151% |
| Contributions10/11 | - | €9k | €9k | €9k | €9k | = |
| Reserves13 | €5k | €5k | €5k | €5k | €5k | = |
| Non-distributable reserves130/1 | - | €5k | €5k | €0 | - | - |
| Reserves not available under the articles1311 | - | €5k | €5k | €0 | - | - |
| Distributable reserves133 | - | - | - | €5k | €5k | = |
| Profit (loss) carried forward14 | €-350k | €-442k | €-342k | €-192k | €-463k | ▼ 140% |
| Amounts payable17/49 | €2.20M | €2.38M | €2.81M | €2.69M | €2.29M | ▼ 15.0% |
| Amounts payable after more than one year17 | €232k | €210k | €187k | €164k | €142k | ▼ 13.8% |
| Financial debts170/4 | - | €210k | €187k | €164k | €142k | ▼ 13.8% |
| Amounts payable within one year42/48 | €1.97M | €2.17M | €2.63M | €2.52M | €2.15M | ▼ 15.0% |
| Current portion of amounts payable after more than one year42 | - | €23k | €23k | €23k | €23k | = |
| Financial debts43 | - | €519k | €517k | €465k | €413k | ▼ 11.2% |
| Credit institutions430/8 | - | €519k | €517k | €465k | €413k | ▼ 11.2% |
| Trade debts44 | €114k | €127k | €161k | €48k | €87k | ▲ 80.4% |
| Suppliers440/4 | - | €127k | €161k | €48k | €87k | ▲ 80.4% |
| Taxes, remuneration and social security45 | - | €23k | €63k | €11k | €5k | ▼ 54.6% |
| Taxes450/3 | - | €23k | €63k | €11k | €5k | ▼ 54.6% |
| Other amounts payable47/48 | - | €1.48M | €1.86M | €1.98M | €1.62M | ▼ 18.1% |
| Accrued charges and deferred income492/3 | - | - | - | €4k | €1k | ▼ 65.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-103k | €-92k | €100k | €150k | €-270k | ▼ 281% |
| + Depreciation and write-downs630 | €55k | €84k | €122k | €135k | €120k | ▼ 10.9% |
| Operating cash flow (approximation) | €-48k | €-8k | €221k | €284k | €-150k | ▼ 153% |
| Investment in fixed assets (approximation) | - | €-378k | €-539k | €-83k | €-18k | ▲ 77.8% |
| Change in cash | - | €9k | €17k | €14k | €-55k | ▼ 479% |
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
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
30-12
Financial
Highest result since 2018net €150k ▲50.3%
Operating result €159k, net result €150k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-12
Financial
Back to profitnet €100k
Net result €100k after 4 loss-making years.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-12
Financial
Weakest financial yearnet €-431k
Net result drops to €-431k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
15-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Evergem · 1 establishment unit since 1985
Ground area
5,742 m²
Building footprint
1,801 m²
Volume, LiDAR
9,013 m³
Parcel 44019B0647/00P000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
Finlandstraat 11, 9940 Evergem
since 19852.102.482.225
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019B0647/00P000 | Flanders | 5,742 m² | 1 · 1,801 m² | 8.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,114 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
Founded01-12-1984
Fiscal year end30-12
Activities, NACEBEL 2025
70200Business and other management consultancy
77222Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.