INTERTRADE
INTERTRADE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199k and a net result of €58k. Equity is growing by ~43% per year across the filed fiscal years. Its solvency ranks better than 67% of 61 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
| Equity | €199k |
| Net result | €58k |
| Staff (FTE) | 2.1 |
| Better than sector | 67% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 42.4% | 17.5% | |
| Net result | €58k | €24k | |
| Equity | €199k | €122k | |
| Gross operating margin | €607k | €337k | |
| Staff costs | €421k | €338k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €171k | €281k | €146k |
| Net profit | €58k | €99k | €67k |
| Cash flow | €110k | €166k | €122k |
| Staff costs | €421k | €288k | €239k |
| Income taxes | €29k | €63k | €21k |
| Dividends | - | €36k | €71k |
| Total assets | €470k | €522k | €555k |
| Equity | €199k | €142k | €78k |
| Debt | €271k | €381k | €477k |
| of which ≤ 1y | €191k | €303k | €447k |
| of which > 1y | €80k | €78k | €29k |
| Working capital | €41k | €-2k | €-29k |
| Employees (FTE) | 2.1 | 1.3 | 3.9 |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 1.21 | 0.99 | 0.93 |
| Quick ratio | 1.21 | 0.99 | 0.93 |
| Working capital ratio | 8.6% | -0.3% | -5.2% |
| Solvency | 42.4% | 27.1% | 14.0% |
| Debt / equity | 1.36 | 2.69 | 6.12 |
| Long-term debt ratio | 0.40 | 0.55 | 0.38 |
| Interest coverage | 12.62 | 21.62 | 29.61 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 12.3% | 19.0% | 12.1% |
| ROE | 29.1% | 70.2% | 86.2% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €470k | €522k | €555k |
| Fixed assets | 21/28 | €239k | €221k | €137k |
| Tangible fixed assets | 22/27 | €237k | €219k | €135k |
| Financial fixed assets | 28 | €2k | €2k | €2k |
| Current assets | 29/58 | €231k | €301k | €418k |
| Amounts receivable within one year | 40/41 | €191k | €217k | €365k |
| Cash & bank | 54/58 | €12k | €53k | €19k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €470k | €522k | €555k |
| Equity | 10/15 | €199k | €142k | €78k |
| Contributions / capital | 10/11 | €16k | €16k | €16k |
| Reserves | 13 | €183k | €126k | €7k |
| Accumulated profits (losses) | 14 | - | - | €55k |
| Amounts payable | 17/49 | €271k | €381k | €477k |
| Amounts payable after one year | 17 | €80k | €78k | €29k |
| Amounts payable within one year | 42/48 | €191k | €303k | €447k |
| Trade debts payable within one year | 44 | €28k | €95k | €275k |
| Income statement | ||||
| Gross operating margin | 9900 | €607k | €577k | €388k |
| Operating result | 9901 | €119k | €215k | €92k |
| Financial income | 75 | €1k | €1k | €1k |
| Financial charges | 65 | €14k | €13k | €5k |
| Result before taxes | 9903 | €87k | €162k | €88k |
| Income taxes | 67/77 | €29k | €63k | €21k |
| Net result for the period | 9904 | €58k | €99k | €67k |
| Result to be appropriated | 9905 | €58k | €99k | €67k |
-
CARREMANS Dirk AlfonsDirectorState Gazette act 25303481 (14-01-2025)Current14-01-2025 → present
-
GUERRERO ALCIVAR Kimena del CarmenDirectorState Gazette act 25303481 (14-01-2025)Current14-01-2025 → present
| NACE primary | On-demand passenger transport by chauffeured vehicle(49330) |
| Legal form | Private limited company(610) |
| Incorporation | 15-03-2000 |
| Status | Active |
| Postal code | 3560 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037A0655/00F002 | Flanders | 1,703 m² | 1 · 158 m² | 8.3 m · 1 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
14-01-2025 2 directors appointed
- CARREMANS Dirk Alfons, Bestuurder
- GUERRERO ALCIVAR Kimena del Carmen, Bestuurder
Technical details
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"notary": {
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"act_meta": {
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"pub_date": "2025-01-14",
"filing_date": "2025-01-10",
"act_kind_objet": "WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-01-07",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2025-01-07",
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},
{
"body": "algemene_vergadering",
"date": "2025-01-07",
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{
"body": "algemene_vergadering",
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{
"body": "algemene_vergadering",
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{
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{
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"is_correction": false,
"subject_company": {
"kbo": "0471.434.351",
"name_full": "INTERTRADE",
"legal_form": "BV"
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"org_name": "NV Van Havermaet",
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"org_rep_person_name": "Dagmar Willems",
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},
"co_filed_documents": [
"expeditie van de akte",
"geco\u00F6rdineerde statuten",
"verslag van de bestuurder"
],
"corrected_publication_numac": null
}| Legal nameNL | INTERTRADE |