Losses
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Eight of the last ten came late. The 2024 accounts came latest: 396 days after the end of the period.
Lower net result than 87% of companies in retail trade. Sector median €38,016 · 13,231 companies.
In July 2024, 4,820 companies had the same profile as INTRADING has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,820 companies, not a prediction for INTRADING. 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.
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.
| Company | ||||
|---|---|---|---|---|
| INTRADING Leuven | €314,713 | -€5,876 | 89.0% | - |
| FIVA ENERGY Jabbeke | €263,352 | -€24,736 | 13.7% | - |
| Max 20 20 Oostrozebeke | €297,820 | -€18,614 | -25.6% | - |
| OLIECENTRALE MAASEIK Maaseik | €179,007 | -€1,077 | 98.9% | - |
| DE BOECK BENNY Londerzeel | €204,387 | -€1,753 | 87.5% | - |
| Dhaene Timothy Ghent | €189,211 | -€3,448 | 81.0% | - |
| CKS – Company Katty Spriet Pittem | €235,184 | -€10,752 | 16.5% | - |
These companies have the same main activity as INTRADING: retail sale of solid, liquid and gaseous fuels, excluding motor fuels (NACE 47781). They are comparable in size and age: total assets between €179,000 and €298,000, founded between 2002 and 2014.
INTRADING files the abbreviated format. That format states no turnover. The gross margin fell from €6,392 in 2009 to -€5,876 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Higher than 95% of 13,234 companies in 2025.
Higher than 88% of 13,093 companies in 2025.
Higher than 9% of 13,156 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
314,713 | 315,997 | 459,077 | 405,980 | 182,108 | 320,848 | 265,563 | 213,456 | 376,060 | 345,491 | 403,253 | 217,857 | 196,237 | 115,418 | 71,471 | 70,534 | 61,793 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 115 | 230 | 345 | 460 | |
21/28 |
152,201 | 169,743 | 7,850 | 7,850 | 7,850 | 7,850 | 7,850 | 7,850 | 7,850 | 7,500 | 7,500 | 8,844 | 8,465 | 671 | 230 | 345 | 460 | |
21 |
42,896 | 47,896 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
101,454 | 113,997 | - | - | - | - | - | - | - | - | - | 344 | 965 | 556 | - | - | - | |
24 |
101,454 | 113,997 | - | - | - | - | - | - | - | - | - | 344 | 965 | 556 | - | - | - | |
28 |
7,850 | 7,850 | 7,850 | 7,850 | 7,850 | 7,850 | 7,850 | 7,850 | 7,850 | 7,500 | 7,500 | 8,500 | 7,500 | - | - | - | - | |
29/58 |
162,512 | 146,253 | 451,227 | 398,130 | 174,258 | 312,998 | 257,713 | 205,606 | 368,210 | 337,991 | 395,753 | 209,013 | 187,772 | 114,747 | 71,241 | 70,189 | 61,333 | |
3 |
- | - | - | - | - | - | - | 79,000 | 64,610 | 87,500 | 62,051 | 71,086 | 52,559 | 45,931 | - | - | - | |
30/36 |
- | - | - | - | - | - | - | 79,000 | 64,610 | 87,500 | 62,051 | 71,086 | 52,559 | 45,931 | - | - | - | |
40/41 |
90,904 | 63,899 | 338,678 | 321,229 | 123,842 | 301,664 | 251,727 | 120,065 | 292,671 | 247,866 | 331,167 | 130,932 | 130,772 | 54,437 | 56,336 | 65,419 | 52,371 | |
40 |
51,247 | 21,302 | 16,083 | - | 59,212 | 10,556 | 81,349 | 73,425 | 278,575 | 239,683 | 325,098 | 124,111 | 80,944 | 15,784 | 871 | 12,632 | 14,391 | |
41 |
39,657 | 42,597 | 322,596 | 321,229 | 64,631 | 291,108 | 170,379 | 46,640 | 14,096 | 8,184 | 6,069 | 6,821 | 49,828 | 38,653 | 55,465 | 52,787 | 37,980 | |
54/58 |
71,311 | 82,354 | 112,549 | 1,901 | 50,416 | 11,334 | 5,986 | 6,541 | 10,929 | 2,625 | 2,535 | 4,856 | 3,191 | 14,379 | 14,905 | 4,770 | 8,962 | |
490/1 |
298 | - | - | 75,000 | - | - | - | - | - | - | - | 2,139 | 1,250 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
314,713 | 315,997 | 459,077 | 405,980 | 182,108 | 320,848 | 265,563 | 213,456 | 376,060 | 345,491 | 403,253 | 217,857 | 196,237 | 115,418 | 71,471 | 70,534 | 61,793 | |
10/15 |
280,125 | 315,365 | 344,760 | 147,939 | 132,850 | 87,797 | 45,792 | 35,363 | 14,235 | 42,882 | 41,692 | 27,187 | 45,732 | 18,365 | 22,673 | 15,027 | 12,610 | |
10/11 |
6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | 12,100 | |
13 |
298,968 | 308,865 | 338,260 | 141,439 | 126,350 | 81,297 | 39,292 | 28,863 | 7,735 | 39,232 | 39,232 | 39,232 | 39,232 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
298,968 | 308,865 | 336,400 | 139,579 | 124,490 | 79,437 | 37,432 | 27,003 | 5,875 | 37,372 | 37,372 | 37,372 | 37,372 | - | - | - | - | |
14 |
-25,342 | - | - | - | - | - | - | - | - | -2,850 | -4,040 | -18,545 | - | 10,005 | 14,313 | 6,667 | 4,250 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | 47,326 | 24,334 | - | - | - | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | 47,326 | 24,334 | - | - | - | |
17/49 |
34,587 | 631 | 114,317 | 258,041 | 49,258 | 233,051 | 219,771 | 178,093 | 361,825 | 302,609 | 361,561 | 190,670 | 103,179 | 72,719 | 48,798 | 55,507 | 49,183 | |
42/48 |
34,587 | 631 | 114,317 | 58,041 | 49,258 | 233,051 | 219,771 | 178,093 | 361,825 | 302,609 | 361,561 | 190,670 | 103,179 | 72,719 | 48,798 | 55,507 | 49,183 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | 10,000 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | 10,000 | - | - | - | - | - | |
44 |
34,587 | 279 | 4,252 | 20,293 | 21,573 | 204,217 | 216,096 | 159,721 | 154,276 | 176,192 | 122,115 | 116,287 | 33,234 | 55,504 | 43,507 | 40,549 | 43,125 | |
440/4 |
34,587 | 279 | 4,252 | 20,293 | 21,573 | 204,217 | 216,096 | 159,721 | 154,276 | 176,192 | 122,115 | 116,287 | 33,234 | 55,504 | 43,507 | 40,549 | 43,125 | |
46 |
- | - | - | - | - | - | - | - | - | 3,007 | 11,131 | 14,772 | 51,561 | - | - | - | - | |
45 |
- | 353 | 110,065 | 37,749 | 27,685 | 28,833 | 3,674 | 18,372 | 15,529 | 5,026 | 1,580 | 13,321 | 17,264 | 9,215 | 5,291 | 14,958 | 6,058 | |
450/3 |
- | 353 | 110,065 | 37,749 | 27,685 | 28,833 | 3,674 | 18,372 | 15,529 | 5,026 | 1,580 | 13,321 | 17,264 | 9,215 | 5,291 | 14,958 | 6,058 | |
47/48 |
- | - | - | - | - | - | - | - | 192,020 | 118,384 | 226,735 | 36,290 | 1,119 | 8,000 | - | - | - | |
492/3 |
- | - | - | 200,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 280 | - | - | |
9900 |
-5,876 | -19,800 | 295,929 | 22,353 | 67,405 | 62,708 | 13,514 | 21,054 | 3,662 | 6,751 | 33,210 | 10,845 | 74,437 | 15,430 | 25,711 | 13,542 | 6,392 | |
62 |
- | - | - | - | - | - | - | - | 20,615 | - | 16,944 | 20,262 | 3,145 | - | - | - | - | |
630 |
32,093 | 10,666 | - | - | - | - | - | - | - | - | 344 | 621 | 736 | 393 | 115 | 115 | 115 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,000 | - | - | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | -47,326 | 22,992 | - | - | - | - | |
640/8 |
850 | 145 | 384 | 348 | 348 | 348 | 1,858 | 348 | 1,396 | 480 | 62 | 480 | 202 | 62 | 145 | 1,440 | - | |
66A |
- | - | - | - | - | - | - | - | - | 4,530 | - | - | - | - | - | - | - | |
9901 |
-38,819 | -30,611 | 295,545 | 22,006 | 67,058 | 62,361 | 11,657 | 20,706 | -18,349 | 6,272 | 15,861 | 36,808 | 47,362 | 14,975 | 15,451 | 11,987 | 6,277 | |
75/76B |
3,780 | 1,410 | - | 837 | 682 | 982 | 1,774 | 801 | 712 | 28 | 1,235 | 217 | 97 | 6 | 7 | 2 | - | |
75 |
2,357 | 1,410 | - | 837 | 682 | 982 | 1,774 | 801 | 712 | 28 | 1,235 | 217 | 97 | 6 | 7 | 2 | - | |
76B |
1,423 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
201 | 194 | 230 | 232 | 154 | 318 | 1,650 | 378 | 11,009 | 5,110 | 2,455 | 55,570 | 9,570 | 4,954 | 5,962 | 4,282 | 167 | |
65 |
201 | 194 | 230 | 232 | 154 | 318 | 1,650 | 378 | 11,009 | 579 | 2,455 | 55,570 | 9,570 | 4,954 | 5,962 | 4,282 | 167 | |
66B |
- | - | - | - | - | - | - | - | - | 4,530 | - | - | - | - | - | - | - | |
9903 |
-35,240 | -29,394 | 295,315 | 22,611 | 67,586 | 63,025 | 11,781 | 21,128 | -28,647 | 1,190 | 14,641 | -18,545 | 37,889 | 10,027 | 9,776 | 7,707 | 6,110 | |
67/77 |
- | - | 98,494 | 7,522 | 22,534 | 21,020 | 1,352 | - | - | - | 136 | - | 10,522 | 1 | 2,130 | 5,290 | - | |
9904 |
-35,240 | -29,394 | 196,821 | 15,089 | 45,052 | 42,005 | 10,429 | 21,128 | -28,647 | 1,190 | 14,505 | -18,545 | 27,367 | 10,026 | 7,646 | 2,417 | 6,110 | |
9905 |
-35,240 | -29,394 | 196,821 | 15,089 | 45,052 | 42,005 | 10,429 | 21,128 | -28,647 | 1,190 | 14,505 | -18,545 | 27,367 | 10,026 | 7,646 | 2,417 | 6,110 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-35,240 | -29,394 | 196,821 | 15,089 | 45,052 | 42,005 | 10,429 | 21,128 | -31,497 | -2,850 | -4,040 | -18,545 | 37,372 | 10,005 | 14,313 | 6,667 | 6,110 | |
791/2 |
9,898 | 29,394 | - | - | - | - | - | - | 31,497 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 196,821 | 15,089 | 45,052 | 42,005 | 10,429 | 21,128 | - | - | - | - | 37,372 | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | 196,821 | 15,089 | 45,052 | 42,005 | 10,429 | 21,128 | - | - | - | - | 37,372 | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | 0.1 | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | 320 | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508206.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00508206 | |
| 31-12-2024 | abbreviated format | 31-08-2026 | 2026-00508263 | |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00263592 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00421074 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20407373 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-61500426 | |
| 31-12-2019 | abbreviated format | 24-07-2020 | 2020-35300316 | |
| 31-12-2018 | abbreviated format | 16-09-2019 | 2019-64700558 | |
| 31-12-2017 | abbreviated format | 30-08-2018 | 2018-60200401 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-59800123 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-54500059 | |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-50900572 | |
| 31-12-2013 | abbreviated format | 21-08-2014 | 2014-46100401 | |
| 31-12-2012 | abbreviated format | 27-09-2013 | 2013-60600189 | |
| 31-12-2011 | abbreviated format | 28-09-2012 | 2012-59300546 | |
| 31-12-2010 | abbreviated format | 20-12-2011 | 2011-64400418 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-52700337 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -6,726 | -19,945 | - | - | - | - | - | - | - | - | 16,204 | 37,430 | 48,098 | 15,368 | 15,566 | 12,102 | 6,392 | ||
| -3,147 | -18,729 | - | - | - | - | - | - | - | - | 14,848 | -17,923 | 28,103 | 10,419 | 7,761 | 2,532 | 6,225 | ||
| 14,550 | 172,559 | - | - | - | - | - | - | 1,600 | - | -1,000 | 1,000 | 8,531 | 833 | 0 | 0 | - | ||
| -11,044 | -30,194 | 110,647 | -48,514 | 39,082 | 5,348 | -555 | -4,388 | 8,304 | 90 | -2,321 | 1,665 | -11,188 | -526 | 10,135 | -4,192 | - | ||
| 127,925 | 145,622 | 336,910 | 340,089 | 125,000 | 79,947 | 37,942 | 27,513 | 6,385 | 35,382 | 34,192 | 18,343 | 84,593 | 42,028 | 22,443 | 14,682 | 12,150 | ||
| 89.0% | 99.8% | 75.1% | 36.4% | 73.0% | 27.4% | 17.2% | 16.6% | 3.8% | 12.4% | 10.3% | 12.5% | 23.3% | 15.9% | 31.7% | 21.3% | 20.4% | ||
| 4.70 | - | 3.95 | 6.86 | 3.54 | 1.34 | 1.17 | 1.15 | 1.02 | 1.12 | 1.09 | 1.10 | 1.82 | 1.58 | 1.46 | 1.26 | 1.25 | ||
| 4.70 | - | 3.95 | 6.86 | 3.54 | 1.34 | 1.17 | 0.71 | 0.84 | 0.83 | 0.92 | 0.72 | 1.31 | 0.95 | 1.46 | 1.26 | 1.25 | ||
| 0.12 | 0.00 | 0.33 | 1.74 | 0.37 | 2.65 | 4.80 | 5.04 | 25.42 | 7.06 | 8.67 | 7.01 | 2.26 | 3.96 | 2.15 | 3.69 | 3.90 | ||
| -12.6% | -9.3% | 57.1% | 10.2% | 33.9% | 47.8% | 22.8% | 59.7% | -201.2% | 2.8% | 34.8% | -68.2% | 59.8% | 54.6% | 33.7% | 16.1% | 48.5% | ||
| -11.2% | -9.3% | 42.9% | 3.7% | 24.7% | 13.1% | 3.9% | 9.9% | -7.6% | 0.3% | 3.6% | -8.5% | 13.9% | 8.7% | 10.7% | 3.4% | 9.9% | ||
| -33.54 | -102.81 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €14,550 | €122,559 | - | - | - |
| Intangible fixed assets | - | €50,000 | - | - | - |
| €32,093 | €10,666 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €38,819, larger than the loss of €30,611 in 2024. It is the lowest result since 2009.
Debt's share of the balance-sheet total rises from 0.2% to 11.0%. Equity is lower and debt is higher.
INTRADING has no parent and no holdings in its annual accounts. is the only director. INTRADING shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Lignaco registered office Grauwmeer 1/35, 3001 Leuven 0111004 Growing of cereals (except rice), leguminous crops and oil seeds | 19-01-2009 | 2.175.930.922 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24514B0181/00Z000 | 2,588 m² | - | - |
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