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INTERTEK BELGIUM

Active
Public limited companyfounded 195076 yrs activeKruisschansweg 11, 2040 Antwerpen, BelgiumKBO/BCE: BE 0404.568.687
Summary

INTERTEK BELGIUM has been active since 1950 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.78M and a net result of €237k. Equity is shrinking by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability61=
Solvency46▼-2
Growth35=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.65 in 2024; short-term debt: 57.9% and cash: 0.3% of total assets), and 78.6% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 76 years 0 80 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
21.4%
Return on assets
2.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.78M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
on the day
2023
30 d late
2022
24 d early
2021
143 d late
2020
88 d late
2019
153 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€13.04M▲ 1.5%
2024 · €12.84M
2018: €11.69M 2019: €11.57M▼ -1.0% vs 2018 2020: €10.71M▼ -7.4% vs 2019 2021: €11.10M▲ +3.6% vs 2020 2022: €10.58M▼ -4.7% vs 2021lowest in 8 years 2023: €10.97M▲ +3.7% vs 2022 2024: €12.84M▲ +17.1% vs 2023 2025: €13.04M▲ +1.5% vs 2024highest in 8 years
2018 → 2025
EBIT margin
2.3%=
2024 · 2.3%
2018: 3.5%highest in 8 years 2019: 1.3%▼ -61.7% vs 2018 2020: 2.2%▲ +66.5% vs 2019 2021: 0.0%▼ -101% vs 2020 2022: -7.6%▼ -22879% vs 2021lowest in 8 years 2023: -4.6%▲ +39.8% vs 2022 2024: 2.3%▲ +151% vs 2023 2025: 2.3%▼ -1.3% vs 2024
2018 → 2025
Net result
€237k▲ 6.0%
2024 · €223k
2018: €374khighest in 8 years 2019: €105k▼ -71.9% vs 2018 2020: €183k▲ +74.3% vs 2019 2021: €-80k▼ -144% vs 2020 2022: €-919k▼ -1044% vs 2021lowest in 8 years 2023: €-576k▲ +37.3% vs 2022 2024: €223k▲ +139% vs 2023 2025: €237k▲ +6.0% vs 2024
2018 → 2025
Working capital
€1.83M▼ 15.9%
2024 · €2.18M
2018: €2.58M 2019: €2.70M▲ +4.5% vs 2018 2020: €3.07M▲ +13.9% vs 2019 2021: €3.43M▲ +11.5% vs 2020highest in 8 years 2022: €2.77M▼ -19.2% vs 2021 2023: €2.36M▼ -14.8% vs 2022 2024: €2.18M▼ -7.5% vs 2023 2025: €1.83M▼ -15.9% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€11.10M-€10.58M▼ 4.7%€10.97M▲ 3.7%€12.84M▲ 17.1%€13.04M▲ 1.5% 2021: €11.10M 2022: €10.58M▼ -4.7% vs 2021lowest in 5 years 2023: €10.97M▲ +3.7% vs 2022 2024: €12.84M▲ +17.1% vs 2023 2025: €13.04M▲ +1.5% vs 2024highest in 5 years
Equity€2.82M-€1.90M▼ 32.6%€1.32M▼ 30.4%€1.54M▲ 16.9%€1.78M▲ 15.3% 2021: €2.82Mhighest in 5 years 2022: €1.90M▼ -32.6% vs 2021 2023: €1.32M▼ -30.4% vs 2022lowest in 5 years 2024: €1.54M▲ +16.9% vs 2023 2025: €1.78M▲ +15.3% vs 2024
Operating result€-4k-€-802k▼ 21,808%€-501k▲ 37.6%€300k€301k▲ 0.2% 2021: €-4k 2022: €-802k▼ -21808% vs 2021lowest in 5 years 2023: €-501k▲ +37.6% vs 2022 2024: €300k▲ +160% vs 2023 2025: €301k▲ +0.2% vs 2024highest in 5 years
Net result€-80k-€-919k▼ 1,044%€-576k▲ 37.3%€223k€237k▲ 6.0% 2021: €-80k 2022: €-919k▼ -1044% vs 2021lowest in 5 years 2023: €-576k▲ +37.3% vs 2022 2024: €223k▲ +139% vs 2023 2025: €237k▲ +6.0% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
€-1.00M€-500k€0€500kOperating result 2021: €-4k€-4kNet result 2021: €-80k€-80kOperating result 2022: €-802k€-802kNet result 2022: €-919k€-919kOperating result 2023: €-501k€-501kNet result 2023: €-576k€-576kOperating result 2024: €300k€300kNet result 2024: €223k€223kOperating result 2025: €301k€301kNet result 2025: €237k€237k20212022202320242025€-750k€-500k€-250k€0€250kOperating result 2023: €-501k€-501kNet result 2023: €-576k€-576kOperating result 2024: €300k€300kNet result 2024: €223k€223kOperating result 2025: €301k€301kNet result 2025: €237k€237k202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 0% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.32M
Fixed assets €1.67M ▲ 60.8%
Current assets €6.65M ▲ 20.0%
Equity and liabilities €8.32M
Equity €1.78M ▲ 15.3%
Debt €6.54M ▲ 29.9%
Debt's share of the balance-sheet total rises from 76.5% to 78.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€561k▼
2024 · €576k
Cash flow
€498k▼
2024 · €499k
Current ratio
1.38▼
2024 · 1.65
Debt to equity
3.68▲
2024 · 3.26
ROE
13.3%▼
2024 · 14.5%
ROA
2.8%▼
2024 · 3.4%
Interest coverage
11.61▲
2024 · 9.21
Debt ≤ 1 year
€4.82M▲
2024 · €3.36M
Debt > 1 year
€1.68M=
2024 · €1.68M
Income taxes
€19k▲
2024 · €9k
Staff costs
€8.18M▲
2024 · €7.90M
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 · 2025 against 2024 · 76 lines
Balance sheet Code20242025
Assets
Total assets20/58€6.58M€8.32M▲
Fixed assets21/28€1.04M€1.67M▲
Tangible fixed assets22/27€1.04M€1.67M▲
Land and buildings22€51k€275k▲
Plant, machinery and equipment23€523k€1.27M▲
Furniture and vehicles24€27k€22k▼
Assets under construction and advance payments27€437k€100k▼
Financial fixed assets28€3k€3k=
Other financial fixed assets284/8€3k€3k=
Amounts receivable and cash guarantees285/8€3k€3k=
Current assets29/58€5.54M€6.65M▲
Amounts receivable after more than one year29€2.41M€2.41M=
Trade receivables290€2.41M€2.41M=
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€3.02M€4.19M▲
Trade receivables40€2.47M€2.40M▼
Other amounts receivable41€549k€1.79M▲
Cash at bank and in hand54/58€73k€27k▼
Deferred charges and accrued income490/1€41k€32k▼
Equity and liabilities
Total equity and liabilities10/49€6.58M€8.32M▲
Equity10/15€1.54M€1.78M▲
Contributions10/11€5.96M€5.96M=
Capital10€5.96M€5.96M=
Issued capital100€5.96M€5.96M=
Reserves13€562k€562k=
Non-distributable reserves130/1€41k€41k=
Legal reserve130€36k€36k=
Other1319€5k€5k=
Tax-exempt reserves132€46k€46k=
Distributable reserves133€474k€474k=
Profit (loss) carried forward14€-4.97M€-4.74M▲
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€5.04M€6.54M▲
Amounts payable after more than one year17€1.68M€1.68M=
Financial debts170/4€1.68M€1.68M=
Other loans174€1.68M€1.68M=
Amounts payable within one year42/48€3.36M€4.82M▲
Trade debts44€1.72M€1.21M▼
Suppliers440/4€1.72M€1.21M▼
Taxes, remuneration and social security45€1.53M€1.71M▲
Taxes450/3€230k€248k▲
Remuneration and social security454/9€1.30M€1.46M▲
Other amounts payable47/48€105k€1.90M▲
Accrued charges and deferred income492/3€3k€52k▲
Income statement Code20242025
Operating income70/76A€13.84M€14.56M▲
Turnover70€12.84M€13.04M▲
Other operating income74€997k€1.52M▲
Operating charges60/66A€13.54M€14.26M▲
Goods for resale, raw materials and consumables60€2.03M€2.01M▼
Purchases600/8€2.03M€2.01M▼
Services and other goods61€3.40M€3.60M▲
Remuneration, social security and pensions62€7.90M€8.18M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€276k€261k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k€193k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-70k€0▲
Other operating charges640/8€16k€9k▼
Non-recurring operating charges66A€0€14k▲
Operating profit (loss)9901€300k€301k▲
Financial income75/76B€14k€45k▲
Recurring financial income75€14k€31k▲
Other financial income752/9€14k€31k▲
Non-recurring financial income76B-€14k
Financial charges65/66B€81k€89k▲
Recurring financial charges65€81k€89k▲
Debt charges650€62k€48k▼
Other financial charges652/9€19k€41k▲
Profit (loss) for the period before taxes9903€232k€256k▲
Income taxes67/77€9k€19k▲
Taxes670/3€9k€19k▲
Profit (loss) for the period9904€223k€237k▲
Profit (loss) for the period to be appropriated9905€223k€237k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4.97M€-4.74M▲
Profit (loss) brought forward from the previous period14P€-5.20M€-4.97M▲
Social balance
Average headcount (FTE)908783.884.5▲

The notes to these accounts (67 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Operating income70/76A€11.88M€11.16M€11.67M€13.84M€14.56M▲ 5.2%
Turnover70€11.10M€10.58M€10.97M€12.84M€13.04M▲ 1.5%
Other operating income74€781k€583k€700k€997k€1.52M▲ 52.9%
Non-recurring operating income76A€24€0----
Operating charges60/66A€11.88M€11.96M€12.17M€13.54M€14.26M▲ 5.3%
Goods for resale, raw materials and consumables60€1.67M€1.64M€1.49M€2.03M€2.01M▼ 0.9%
Purchases600/8€1.67M€1.64M€1.49M€2.03M€2.01M▼ 0.9%
Services and other goods61€3.00M€3.20M€3.38M€3.40M€3.60M▲ 5.9%
Remuneration, social security and pensions62€6.58M€6.68M€6.97M€7.90M€8.18M▲ 3.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€549k€449k€307k€276k€261k▼ 5.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-16k€-3k€355€-2k€193k▲ 11,969%
Provisions for liabilities and charges: additions (uses and reversals)635/8€67k€-201€3k€-70k€0▲ 100%
Other operating charges640/8€29k€5k€12k€16k€9k▼ 47.4%
Non-recurring operating charges66A€762€0€1k€0€14k-
Operating profit (loss)9901€-4k€-802k€-501k€300k€301k▲ 0.2%
Financial income75/76B€9k€15k€8k€14k€45k▲ 228%
Recurring financial income75€9k€15k€8k€14k€31k▲ 126%
Other financial income752/9€9k€15k€8k€14k€31k▲ 126%
Non-recurring financial income76B----€14k-
Financial charges65/66B€41k€52k€74k€81k€89k▲ 10.0%
Recurring financial charges65€41k€52k€74k€81k€89k▲ 10.0%
Debt charges650€32k€32k€47k€62k€48k▼ 22.7%
Other financial charges652/9€9k€20k€27k€19k€41k▲ 118%
Profit (loss) for the period before taxes9903€-36k€-839k€-566k€232k€256k▲ 10.2%
Income taxes67/77€45k€80k€10k€9k€19k▲ 113%
Taxes670/3€45k€80k€10k€9k€19k▲ 113%
Profit (loss) for the period9904€-80k€-919k€-576k€223k€237k▲ 6.0%
Profit (loss) for the period to be appropriated9905€-80k€-919k€-576k€223k€237k▲ 6.0%
Line20212022202320242025Change
Assets
Total assets20/58€6.93M€6.32M€5.51M€6.58M€8.32M▲ 26.5%
Fixed assets21/28€1.13M€873k€709k€1.04M€1.67M▲ 60.8%
Tangible fixed assets22/27€1.13M€870k€706k€1.04M€1.67M▲ 61.0%
Land and buildings22€92k€77k€63k€51k€275k▲ 434%
Plant, machinery and equipment23€965k€636k€509k€523k€1.27M▲ 144%
Furniture and vehicles24€53k€44k€35k€27k€22k▼ 17.5%
Assets under construction and advance payments27€20k€113k€99k€437k€100k▼ 77.0%
Financial fixed assets28€3k€3k€3k€3k€3k=
Other financial fixed assets284/8€3k€3k€3k€3k€3k=
Amounts receivable and cash guarantees285/8€3k€3k€3k€3k€3k=
Current assets29/58€5.80M€5.45M€4.80M€5.54M€6.65M▲ 20.0%
Amounts receivable after more than one year29€2.41M€2.41M€2.41M€2.41M€2.41M=
Trade receivables290€2.41M€2.41M€2.41M€2.41M€2.41M=
Stocks and contracts in progress3-€0€0€0€0-
Amounts receivable within one year40/41€3.25M€2.98M€2.29M€3.02M€4.19M▲ 38.6%
Trade receivables40€2.44M€1.72M€2.02M€2.47M€2.40M▼ 2.9%
Other amounts receivable41€812k€1.26M€263k€549k€1.79M▲ 225%
Cash at bank and in hand54/58€123k€54k€100k€73k€27k▼ 63.0%
Deferred charges and accrued income490/1€21k€8k€9k€41k€32k▼ 23.2%
Equity and liabilities
Total equity and liabilities10/49€6.93M€6.32M€5.51M€6.58M€8.32M▲ 26.5%
Equity10/15€2.82M€1.90M€1.32M€1.54M€1.78M▲ 15.3%
Contributions10/11€5.96M€5.96M€5.96M€5.96M€5.96M=
Capital10€5.96M€5.96M€5.96M€5.96M€5.96M=
Issued capital100€5.96M€5.96M€5.96M€5.96M€5.96M=
Reserves13€562k€562k€562k€562k€562k=
Non-distributable reserves130/1€41k€41k€41k€41k€41k=
Legal reserve130€36k€36k€36k€36k€36k=
Other1319€5k€5k€5k€5k€5k=
Tax-exempt reserves132€46k€46k€46k€46k€46k=
Distributable reserves133€474k€474k€474k€474k€474k=
Profit (loss) carried forward14€-3.70M€-4.62M€-5.20M€-4.97M€-4.74M▲ 4.8%
Provisions and deferred taxes16€67k€67k€70k€0--
Provisions for liabilities and charges160/5€67k€67k€70k€0--
Other liabilities and charges164/5€67k€67k€70k€0--
Amounts payable17/49€4.05M€4.35M€4.12M€5.04M€6.54M▲ 29.9%
Amounts payable after more than one year17€1.68M€1.68M€1.68M€1.68M€1.68M=
Financial debts170/4€1.68M€1.68M€1.68M€1.68M€1.68M=
Other loans174€1.68M€1.68M€1.68M€1.68M€1.68M=
Amounts payable within one year42/48€2.37M€2.68M€2.44M€3.36M€4.82M▲ 43.4%
Trade debts44€910k€1.19M€1.00M€1.72M€1.21M▼ 29.6%
Suppliers440/4€910k€1.19M€1.00M€1.72M€1.21M▼ 29.6%
Taxes, remuneration and social security45€1.46M€1.49M€1.44M€1.53M€1.71M▲ 11.3%
Taxes450/3€276k€323k€218k€230k€248k▲ 7.7%
Remuneration and social security454/9€1.19M€1.17M€1.22M€1.30M€1.46M▲ 11.9%
Other amounts payable47/48---€105k€1.90M▲ 1,708%
Accrued charges and deferred income492/3€1k€1k€1k€3k€52k▲ 1,718%
Line20212022202320242025Change
Profit (loss) for the period9904€-80k€-919k€-576k€223k€237k▲ 6.0%
+ Depreciation and write-downs630€549k€449k€307k€276k€261k▼ 5.5%
Operating cash flow (approximation)€469k€-470k€-269k€499k€498k▼ 0.3%
Investment in fixed assets (approximation)-€-189k€-143k€-608k€-894k▼ 47.1%
Change in cash-€-69k€46k€-27k€-46k▼ 69.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-09
State Gazette act Reappointments: Nicole Kruyntjens (director) and Peter Gysen (director)
6 facts ▸
  • General meeting, 07-08-2026
  • Director reappointment, Nicole Kruyntjens (director)
  • Director reappointment, Peter Gysen (director)
  • Board composition, Nicole Kruyntjens (director)
  • Board composition, Peter Gysen (director)
  • Board composition, Thierry Guffens (director and managing director)
30-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €223k
Net result €223k after 3 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
07-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €-919k
Net result drops to €-919k, the lowest in the series; recovery starts the following year.
21-12
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 143 days late
2021
27-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
31-12
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 153 days late
2019
02-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 2 days late
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
17-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 78 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 18 acts read
About the unread acts

Of the 18 Belgian State Gazette acts we know for this company, 1 has been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 directors, last change in 2026
Nicole Kruyntjens
Director · since 01-06-2026
Current
Peter Gysen
Director · since 01-06-2026
Current
01-06-2026 Nicole Kruyntjens: Mandate renewed as Director
01-06-2026 Peter Gysen: Mandate renewed as Director
Not every act has been read: a resignation may be missing here
17 of this company's 18 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1950
establishment approximate The establishment unit on the map
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.

Kruisschansweg 112040 Antwerpen
Ground area
14 m²
Building footprint
14 m²
Volume, LiDAR
27 m³
Parcel 11816D0108/00T002, Flanders · tallest building 2.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Intertek Belgium NV
Kruisschansweg 11, 2030 AntwerpenNACE 74131
since 19502.003.039.211
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11816D0108/00T002indicative Flanders 14 m² 1 · 14 m² 2.6 m · 1 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Who signs

Structure & network

Connections & network

2 connected companies

Public money · subsidies and aid

European research

1 project · 45,325 EUR EU contribution
Programmes
Horizon 2020
1 entry · 45,325 EUR
Projects
HIGH PERFORMANCE POLYHYDROXYALKANOATES BASED PACKAGING TO MINIMISE FOOD WASTE
Horizon 2020 · third party · 01-11-2017 to 30-04-2021 · 45,325 EUR · YPACK

Similar companies · same sector, comparable size

Of 2,143 companies in sector 71209 we hold annual accounts for 1,085. 440 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded16-04-1950
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
Contact
E-mail hr.belgium@intertek.com

Scores and ratios are computed by Checked and are not a credit decision.