Intertex
ActiveSummary
Intertex has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.67M and a net result of €294k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 14.67 against 12.87 in 2024; short-term debt: 1.9% and cash: 1.7% of total assets), and 18.3% of the assets are financed with debt.
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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.7%
Return on assets
3.6%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
3 d early
2023
43 d late
2022
29 d late
2021
40 d late
2020
17 d early
2019
1 d early
← 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€294k▼ 0.3%
2024 · €295k
2018: €132k
2019: €103k
2020: €133k
2021: €142k
2022: €194k
2023: €261k
2024: €295k
2018 → 2025
Working capital
€2.09M▲ 16.8%
2024 · €1.79M
2018: €592k
2019: €668k
2020: €836k
2021: €982k
2022: €1.23M
2023: €1.49M
2024: €1.79M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.22M-€5.42M▲ 3.9%€5.80M▲ 6.8%€6.22M▲ 7.3%€6.67M▲ 7.2%
Operating result€246k-€317k▲ 28.9%€391k▲ 23.3%€414k▲ 5.9%€416k▲ 0.5%
Net result€142k-€194k▲ 36.5%€261k▲ 34.9%€295k▲ 13.1%€294k▼ 0.3%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.16M
Fixed assets
€5.92M ▲ 2.5%
Current assets
€2.24M ▲ 15.6%
Equity and liabilities €8.16M
Equity
€6.67M ▲ 7.2%
Debt
€1.49M ▼ 0.3%
Debt's share of the balance-sheet total falls from 19.4% to 18.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€433k▲
2024 · €430k
Cash flow
€311k=
2024 · €311k
Current ratio
14.67▲
2024 · 12.87
Debt to equity
0.22▼
2024 · 0.24
ROE
4.4%▼
2024 · 4.7%
ROA
3.6%▼
2024 · 3.8%
Interest coverage
4.06▼
2024 · 4.45
Debt ≤ 1 year
€153k▲
2024 · €151k
Debt > 1 year
€1.20M=
2024 · €1.20M
Income taxes
€99k▼
2024 · €99k
Staff costs
€32k▲
2024 · €31k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7.71M€8.16M▲
Fixed assets21/28€5.77M€5.92M▲
Intangible fixed assets21€89k€89k=
Tangible fixed assets22/27€1.65M€1.64M▼
Land and buildings22€1.63M€1.62M▼
Plant, machinery and equipment23€14k€8k▼
Furniture and vehicles24€4k€6k▲
Financial fixed assets28€4.04M€4.19M▲
Current assets29/58€1.94M€2.24M▲
Amounts receivable after more than one year29€475k€475k=
Other amounts receivable291€475k€475k=
Amounts receivable within one year40/41€134k€159k▲
Trade receivables40€134k€158k▲
Other amounts receivable41-€456
Current investments50/53€1.19M€1.47M▲
Cash at bank and in hand54/58€138k€140k▲
Deferred charges and accrued income490/1€131€1k▲
Equity and liabilities
Total equity and liabilities10/49€7.71M€8.16M▲
Equity10/15€6.22M€6.67M▲
Contributions10/11€1.80M€1.80M=
Capital10€1.80M€1.80M=
Issued capital100€1.80M€1.80M=
Revaluation surpluses12€2.43M€2.59M▲
Reserves13€1.99M€2.28M▲
Non-distributable reserves130/1€180k€180k=
Legal reserve130€180k€180k=
Tax-exempt reserves132€36k€36k=
Distributable reserves133€1.77M€2.07M▲
Amounts payable17/49€1.49M€1.49M▼
Amounts payable after more than one year17€1.20M€1.20M=
Financial debts170/4€1.20M€1.20M=
Amounts payable within one year42/48€151k€153k▲
Trade debts44€34k€38k▲
Suppliers440/4€34k€38k▲
Advances received on contracts in progress46€92k€88k▼
Taxes, remuneration and social security45€25k€27k▲
Taxes450/3€25k€27k▲
Accrued charges and deferred income492/3€143k€137k▼
Income statement
Code20242025
Remuneration, social security and pensions62€31k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€65k€67k▲
Gross operating margin9900€526k€535k▲
Operating profit (loss)9901€414k€416k▲
Financial income75/76B€77k€84k▲
Recurring financial income75€77k€84k▲
Financial charges65/66B€97k€107k▲
Recurring financial charges65€97k€107k▲
Profit (loss) for the period before taxes9903€395k€393k▼
Income taxes67/77€99k€99k▼
Profit (loss) for the period9904€295k€294k▼
Profit (loss) for the period to be appropriated9905€295k€294k▼
Appropriation of the result
Profit (loss) to be appropriated9906€295k€294k▼
Transfer to equity691/2€295k€294k▼
To other reserves6921€295k€294k▼
Social balance
Average headcount (FTE)90870.50.5=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €295k ▲13.1%
Net result €295k, the highest in the series.
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 43 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 40 days late
2021
31-12
Financial
Equity above €5MEq €5.22M ▲5.4%
4 profitable years in a row build equity to €5.22M.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €103k ▼21.8%
Net result drops to €103k, the lowest in the series; recovery starts the following year.
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 40 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Kuurne · 1 establishment unit since 1969
Ground area
2.4 ha
Building footprint
1.8 ha
Volume, LiDAR
125,302 m³
Parcel 34023A0394/00H000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Industrielaan 24, 8520 Kuurne
since 19692.002.732.076
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0394/00H000 | Flanders | 2.4 ha | 1 · 1.8 ha | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 209 EUR awarded · 95 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 171 EUR | 57 EUR |
| 2022 | 1 | 38 EUR | 38 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
984500A0SFCF69977L89
Similar companies · same sector, comparable size
K PUURS LOGISTICS
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VARIO FOOD GROUP
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Multicold
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Ranst · Eq €6.51M
Riga Natie
BE 0404.793.668
Beveren-Kruibeke-Zwijndrecht · Eq €6.86M
FLANDERS COLD CENTER
BE 0452.346.830
Gent · Eq €6.92M
Of 1,030 companies in sector 52100 we hold annual accounts for 766. 364 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-09-1969
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
13100Manufacture of textiles
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 50 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.