Intrack
ActiveSummary
Intrack has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €332,448 and a net result of €52,775, of which €26,624 non-recurring income. Equity has been shrinking by about 6.7% per year since 2018. Its solvency ranks better than 94% of 9,662 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-01-1991 Normal situation
- Activity
- Office administrative and support services NACE 82100
- Establishment unit
- 2.051.593.649 2970 Schilde, since 19-02-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 02-10-2025
Board and ownership
- CORNELISSENS Philip Hector IrmaDirector · until 2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €79,436
- ▲ 42.8%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €52,775
- ▲ 41.0%
- Equity
- €332,448
- ▼ 7.3%
- Total assets
- €354,168
- ▼ 11.9%
Score breakdownlowers riskEquity €332,448 (93.9% of total assets)Figures for financial year 2025 (filed on 03-07-2026)Founded in 1991Sector: Office administrative, office support and other business support activities (NACE 82)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 82, micro). It does better than 88% of them on solvency, 47% on liquidity, 62% on profitability and 29% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 35 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 55% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €11,789 | €52,008 | €2,450 | €2,690 | €2,460 |
| Depreciation and write-downs of the year | €2,098 | €10,383 | €12,726 | €12,573 | €12,877 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as Intrack: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €313,000 and €387,000, founded between 1988 and 1995.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| Intrack Schilde | 1991 | €354,168 | €332,448 | €79,436 | €52,775 | 2025 |
| AUTOBEDRIJF-ONDERHOUD EN CARROSSERIE + ADMIN Heist-op-den-Berg | 1988 | €387,312 | €104,827 | €83,367 | €11,426 | 2025 |
| IMMO MELOTTE Zonhoven | 1988 | €340,183 | €186,662 | €75,202 | €20,262 | 2025 |
| VANBACO Tienen | 1991 | €348,171 | €342,614 | €67,804 | €2,439 | 2025 |
| VAD CONSULTING Ukkel | 1988 | €312,524 | €204,211 | €81,652 | €47,249 | 2025 |
| PIETER LECOMTE Zedelgem | 1995 | €354,143 | -€44,308 | €82,839 | €29,258 | 2025 |
| SHENKIRA Waterloo | 1990 | €313,118 | -€15,545 | €100,323 | -€733 | 2025 |
They were chosen from the 3,635 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as Intrack has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Intrack itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for Intrack. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,481 | - | €9,257 | €37,496 | €26,624 | ▼ 29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,216 | €2,009 | €1,939 | €2,098 | €10,383 | €12,726 | €12,573 | €12,877 | ▲ 2.4% |
| Other operating charges640/8 | - | - | - | €1,909 | €2,478 | €2,366 | €1,093 | €1,639 | ▲ 50.0% |
| Gross operating margin9900 | €387,433 | €120,338 | €26,443 | €8,671 | €13,381 | €18,156 | €55,618 | €79,436 | ▲ 42.8% |
| Operating profit (loss)9901 | €382,078 | €117,148 | €22,793 | €4,664 | €520 | €3,064 | €41,952 | €64,920 | ▲ 54.7% |
| Financial income75/76B | - | - | - | €4,174 | €8,021 | €3,571 | €1,691 | €2,054 | ▲ 21.5% |
| Recurring financial income75 | €177 | €617 | €6,423 | €4,174 | €8,021 | €3,571 | €1,691 | €2,054 | ▲ 21.5% |
| Financial charges65/66B | - | - | - | €362 | €181 | €1,847 | €1,527 | €1,173 | ▼ 23.2% |
| Recurring financial charges65 | €836 | €698 | €2,049 | €362 | €181 | €1,847 | €1,527 | €1,173 | ▼ 23.2% |
| Profit (loss) for the period before taxes9903 | €381,418 | €117,068 | €27,166 | €8,475 | €8,360 | €4,788 | €42,116 | €65,802 | ▲ 56.2% |
| Income taxes67/77 | €117,653 | €37,438 | €8,522 | €3,949 | €1,641 | -€422 | €4,680 | €13,026 | ▲ 178% |
| Profit (loss) for the period9904 | €263,766 | €79,629 | €18,644 | €4,526 | €6,718 | €5,210 | €37,436 | €52,775 | ▲ 41.0% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €124,600 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €139,166 | €79,629 | €18,644 | €4,526 | €131,318 | €5,210 | €37,436 | €52,775 | ▲ 41.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €527,989 | €556,785 | €575,850 | €543,758 | €579,169 | €476,741 | €402,086 | €354,168 | ▼ 11.9% |
| Fixed assets21/28 | €7,643 | €6,867 | €5,685 | €15,376 | €57,000 | €46,724 | €36,841 | €26,424 | ▼ 28.3% |
| Tangible fixed assets22/27 | €7,643 | €6,867 | €5,685 | €15,376 | €57,000 | €46,724 | €36,841 | €26,424 | ▼ 28.3% |
| Land and buildings22 | - | - | - | €2,790 | €2,325 | €1,860 | €1,395 | €1,534 | ▲ 10.0% |
| Plant, machinery and equipment23 | - | - | - | €1,933 | €1,127 | €2,391 | €2,106 | €2,754 | ▲ 30.8% |
| Furniture and vehicles24 | - | - | - | €10,653 | €53,549 | €42,473 | €33,340 | €22,135 | ▼ 33.6% |
| Current assets29/58 | €520,346 | €549,919 | €570,165 | €528,382 | €522,168 | €430,017 | €365,245 | €327,744 | ▼ 10.3% |
| Amounts receivable within one year40/41 | €795 | €1,101 | €5,609 | €15,809 | €7,542 | €11,633 | €16,128 | €7,774 | ▼ 51.8% |
| Trade receivables40 | - | - | - | €1,045 | €506 | €4,546 | €6,354 | €3,342 | ▼ 47.4% |
| Other amounts receivable41 | - | - | - | €14,764 | €7,036 | €7,087 | €9,774 | €4,433 | ▼ 54.7% |
| Current investments50/53 | - | €228,000 | €468,649 | €482,197 | €496,409 | €406,964 | €337,381 | €308,343 | ▼ 8.6% |
| Cash at bank and in hand54/58 | €507,970 | €309,110 | €83,815 | €19,337 | €17,212 | €11,199 | €11,430 | €11,372 | ▼ 0.5% |
| Deferred charges and accrued income490/1 | - | - | - | €11,040 | €1,005 | €221 | €307 | €255 | ▼ 17.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €527,989 | €556,785 | €575,850 | €543,758 | €579,169 | €476,741 | €402,086 | €354,168 | ▼ 11.9% |
| Equity10/15 | €437,009 | €516,638 | €535,283 | €539,809 | €433,027 | €438,237 | €358,673 | €332,448 | ▼ 7.3% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €418,417 | €498,046 | €516,691 | €521,216 | €414,435 | €419,645 | €340,081 | €313,856 | ▼ 7.7% |
| Non-distributable reserves130/1 | - | - | - | €334,359 | €227,559 | €230,700 | €150,700 | €124,200 | ▼ 17.6% |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | - | - | - | - |
| Other1319 | - | - | - | €332,500 | €225,700 | €230,700 | €150,700 | €124,200 | ▼ 17.6% |
| Tax-exempt reserves132 | - | - | - | €124,600 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €62,257 | €186,876 | €188,945 | €189,381 | €189,656 | ▲ 0.1% |
| Amounts payable17/49 | €90,981 | €40,147 | €40,567 | €3,949 | €146,141 | €38,504 | €43,413 | €21,719 | ▼ 50.0% |
| Amounts payable after more than one year17 | - | - | - | - | €38,383 | €29,349 | €19,950 | €10,172 | ▼ 49.0% |
| Financial debts170/4 | - | - | - | - | €38,383 | €29,349 | €19,950 | €10,172 | ▼ 49.0% |
| Amounts payable within one year42/48 | €90,981 | €40,147 | €40,567 | €3,949 | €107,759 | €9,155 | €21,366 | €11,547 | ▼ 46.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €8,683 | €9,034 | €9,399 | €9,778 | ▲ 4.0% |
| Trade debts44 | €517 | €2,003 | €1,607 | - | - | - | - | €1,742 | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €1,742 | - |
| Taxes, remuneration and social security45 | - | - | - | €3,949 | €9,624 | - | - | €26 | - |
| Taxes450/3 | - | - | - | €3,949 | €9,624 | - | - | €26 | - |
| Other amounts payable47/48 | - | - | - | - | €89,451 | €121 | €11,968 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €2,096 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €263,766 | €79,629 | €18,644 | €4,526 | €6,718 | €5,210 | €37,436 | €52,775 | ▲ 41.0% |
| + Depreciation and write-downs630 | €2,216 | €2,009 | €1,939 | €2,098 | €10,383 | €12,726 | €12,573 | €12,877 | ▲ 2.4% |
| Operating cash flow (approximation) | €265,982 | €81,638 | €20,583 | €6,624 | €17,102 | €17,936 | €50,009 | €65,652 | ▲ 31.3% |
| Investment in fixed assets (approximation) | - | -€1,232 | -€757 | -€11,789 | -€52,008 | -€2,450 | -€2,690 | -€2,460 | ▲ 8.5% |
| Change in cash | - | -€198,860 | -€225,296 | -€64,477 | -€2,125 | -€6,012 | €230 | -€57 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00263303 | NBB |
| 31-12-2024 | micro format | 08-07-2025 | 2025-00260666 | |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00232749 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00204334 | |
| 31-12-2021 | micro format | 01-07-2022 | 2022-20136642 | |
| 31-12-2020 | micro format | 02-07-2021 | 2021-32100417 | |
| 31-12-2019 | micro format | 31-07-2020 | 2020-37900599 | |
| 31-12-2018 | micro format | 05-07-2019 | 2019-29700477 | |
| 31-12-2017 | micro format | 03-07-2018 | 2018-29300075 | |
| 31-12-2016 | micro format | 05-07-2017 | 2017-28800089 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 16-11-2023 Converted to unavailable equity · €20,451.56
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| CORNELISSENS Philip Hector Irma |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1”
Articles of association, deed of 16-11-2023 (in Dutch)
Network & group
Connections & network
See the function holders in the KBO register.
Timeline
Acts, filings and financial milestones
16-11
Gazette deed
Change of role: CORNELISSENS Philip Hector Irma, from manager to directorRegistered office clause · Power of attorney · Amendment of the articles8 points ▸
- Director resignation, CORNELISSENS Philip Hector Irma (manager (not named in the articles))
- Director appointment, CORNELISSENS Philip Hector Irma (director (not named in the articles))
- Registered office clause, “2970 Schilde,Kasteeldreef 82” (deed in Dutch)
- Power of attorney, ELLEN VERHAERT
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
19 activities
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding enzovoort
- Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie,enzovoort
- Overige adviesbureaus op het gebied van bedrijfsbeheer,adviesbureaus op het gebied van bedrijfsvoering
- Verlenen van advies en praktische hulp aan de bedrijven in verband met public relations en communicatie
- Concipiëren van reclametechnieken die ernaar streven de individuele consument te benaderen (direct marketing) door middel van geadresseerde reclame (direct mailing),telefonische koopvoorstellen,enzovoort
- Ontwerpen van publicitaire teksten en slogans (copywriters)
- Activiteiten van grafische designers
- Arbitrage en bemiddeling tussen bedrijfsleiding en werknemers
- Managementactiviteiten van holdings : tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal,enzovoort
- Overige zakelijke dienstverlening
- Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering.
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard in de meest ruimste zin.Bijstand en diensten verlenen,rechtstreeks of onrechtstreeks,op het vlak van administratie,financiën,verkoop,productie en algemeen bestuur.
- Het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen; in de meest ruime betekenis.
- Het optreden als tussenpersoon in de gehele of gedeeltelijke overdrachten van handelszaken,ondernemingen,portefeuilles,concessies,octrooien en zakelijke rechten.
- Het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies in andere vennootschappen.
- Het beheer van onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen,alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,know-how en aanverwante immateriële duurzame activa.
- Alle verrichtingen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen.
- Het organiseren,inrichten,.geven en dirigeren van seminaries,opleidingen,lezingen,verkoop- en promotiedagen of andere evenementen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11922C0592/00K000 | Flanders | 186 m² | 1 · 186 m² | 9.3 m · 2 |