Equity
Intertex has made a profit in every financial year since 2006.
Intertex has made a profit in every financial year since 2006.
Between 2007 and 2025, 93% of the full-time equivalents disappeared.
Four of the last ten came late. The 2023 accounts came latest: 43 days after the end of the period.
The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 52, micro). It does better than 89% of them on solvency, 54% on liquidity, 34% on profitability and 53% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is ample, with a current ratio of 14.67 (12.87 in 2024), above the usual 1.5. Short-term debt is 1.9% and cash 1.7% of total assets. 18.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Intertex Kuurne | €8.2m | €0.5m | 81.7% | 0.5 |
| Goeters - Ars et Labor Lokeren | €6.8m | €0.6m | 67.3% | 1 |
| MC Technics & Services Dendermonde | €7.3m | €0.6m | 1.7% | 0 |
| Etablissements Luc Mauroy Eghezée | €8.7m | €0.8m | 36.6% | 2.1 |
| Immobilière Bollinckx Brussels | €9.2m | €1.1m | 48.4% | 2 |
| KLAUS BAUM LOGISTIK Eupen | €5.3m | €0.8m | 15.6% | 1.6 |
| JM VASTGOED Lier | €4.2m | €0.4m | 9.3% | 0 |
These companies have the same main activity as Intertex: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €4.2m and €9.2m, founded between 1975 and 1990.
Intertex has existed since 1969. The gross margin grew from €375,922 in 2006 to €534,947 in 2025, while staff fell from 6 to 0.5 full-time equivalents.
The gross margin has grown every year since 2021.
In March 2024, the Official Gazette published the appointment of DEFRANCQ Ludovic Maurice Oscar as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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