ACTIVE

INTERCOPY

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

13,5 k €

-57.2% YoY

Gross margin

51,3 k €

-31.6% YoY

Equity

446,3 k €

-17.5% YoY

What does INTERCOPY do?

INTERCOPY is a Private limited company incorporated in 1991. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Liège.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.728.172

Incorporation

01/06/1991

Legal form

Private limited company

Registered office

Rue Sart-Tilman 360
4031 Liège · WallonieSee on map

Contributed capital

170 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

74855Other professional, scientific and technical activities· main 82100Office administrative and support activities 82110Combined office administrative service activities

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	51,3 k €	-31.6%	75,0 k €	+12.3%	66,8 k €	+2.6%	65,1 k €	+11.5%	58,4 k €	+107%	28,2 k €	-73.2%	105,2 k €	+6.8%	98,4 k €	+17.9%	83,5 k €	-33.2%	124,9 k €	+33.7%	93,4 k €	-6.9%	100,3 k €	-26.0%	135,6 k €	-18.7%	166,7 k €	+5.4%	158,2 k €	+14.1%	138,6 k €	-11.3%	156,2 k €	-0.6%	157,2 k €	-7.1%	169,3 k €	+22.2%	138,5 k €
EBITDA	44,4 k €	-31.7%	65,0 k €	+38.6%	46,9 k €	-4.8%	49,2 k €	+6.8%	46,1 k €	+394%	9,3 k €	-84.4%	59,8 k €	-29.3%	84,7 k €	+14.0%	74,3 k €	-16.5%	88,9 k €	+5.8%	84,1 k €	+21.2%	69,4 k €	-26.6%	94,5 k €	-24.8%	125,6 k €	+2.9%	122,0 k €	+25.2%	97,4 k €	-3.4%	100,9 k €	-10.7%	113,0 k €	+1.0%	111,9 k €	+18.0%	94,8 k €
Operating result	18,9 k €	-55.1%	42,1 k €	+41.5%	29,8 k €	-7.2%	32,1 k €	+19.8%	26,8 k €	+217%	-22,9 k €	-274%	13,2 k €	-58.0%	31,4 k €	+45.5%	21,5 k €	-25.0%	28,7 k €	-34.1%	43,6 k €	+310%	10,6 k €	-76.6%	45,5 k €	-35.6%	70,7 k €	+0.7%	70,2 k €	+93.1%	36,4 k €	-17.0%	43,8 k €	-15.5%	51,8 k €	+10.2%	47,0 k €	+31.8%	35,7 k €
Net result	13,5 k €	-57.2%	31,5 k €	+10.5%	28,5 k €	+13.0%	25,2 k €	+23.6%	20,4 k €	+188%	-23,2 k €	-330%	10,1 k €	-59.1%	24,6 k €	+61.1%	15,3 k €	-34.4%	23,3 k €	-19.6%	29,0 k €	+239%	8,5 k €	-76.0%	35,7 k €	-33.4%	53,5 k €	+5.8%	50,6 k €	+90.7%	26,6 k €	-16.7%	31,9 k €	-9.8%	35,3 k €	+23.4%	28,6 k €	+69.7%	16,9 k €
Balance sheet
Equity	446,3 k €	-17.5%	540,8 k €	-6.7%	579,3 k €	+5.2%	550,9 k €	+4.8%	525,6 k €	+4.0%	505,2 k €	-4.4%	528,4 k €	+1.9%	518,3 k €	+5.0%	493,8 k €	+2.7%	480,6 k €	+5.1%	457,3 k €	+6.8%	428,4 k €	+155%	167,8 k €	-59.3%	412,2 k €	+13.0%	364,6 k €	+16.1%	314,0 k €	+9.2%	287,5 k €	+10.7%	259,6 k €	+14.2%	227,3 k €	+12.7%	201,6 k €
Total assets	620,0 k €	-1.5%	629,2 k €	-3.1%	649,3 k €	-1.3%	658,1 k €	+7.1%	614,7 k €	+5.2%	584,6 k €	-5.1%	615,7 k €	-3.5%	638,0 k €	+15.5%	552,2 k €	+1.9%	541,8 k €	+1.0%	536,6 k €	+7.2%	500,4 k €	-14.2%	583,0 k €	-0.3%	584,7 k €	+5.3%	555,2 k €	-4.6%	582,1 k €	+9.7%	530,6 k €	-4.7%	556,8 k €	-19.1%	688,6 k €	+11.3%	618,9 k €
Cash	262,6 k €	-2.7%	269,8 k €	-4.3%	281,8 k €	-30.7%	406,7 k €	+18.5%	343,2 k €	-6.7%	368,0 k €	+1.1%	363,9 k €	+3.7%	351,0 k €	+27.3%	275,8 k €	+23.3%	223,6 k €	-17.7%	271,7 k €	+29.3%	210,2 k €	-25.7%	282,8 k €	+15.7%	244,4 k €	+35.4%	180,5 k €	+35.6%	133,1 k €	+21.3%	109,8 k €	+25.1%	87,8 k €	-37.2%	139,9 k €	+81.2%	77,2 k €
Debts	171,3 k €	+96.0%	87,4 k €	+25.0%	69,9 k €	-27.6%	96,6 k €	+23.2%	78,4 k €	+6.2%	73,9 k €	-15.0%	86,9 k €	-27.4%	119,7 k €	+105%	58,5 k €	-4.5%	61,2 k €	-22.8%	79,2 k €	+14.1%	69,4 k €	-83.3%	415,0 k €	+140%	172,6 k €	-9.5%	190,6 k €	-28.9%	268,1 k €	+10.8%	241,9 k €	-16.7%	290,3 k €	-35.6%	450,6 k €	+8.1%	416,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,0 ETP	-100%	1,1 ETP	-8.3%	1,2 ETP	-14.3%	1,4 ETP	+27.3%	1,1 ETP	-8.3%	1,2 ETP	-25.0%	1,6 ETP	-23.8%	2,1 ETP	+10.5%	1,9 ETP	+11.8%	1,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active

Active mandates

Donatella IANIERI

Managing director

Active

Patrick OLCZYK

Director

Active

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	24/07/2025	26/07/2024	28/07/2023	20/08/2022	07/07/2021
General meeting	25/06/2026	26/06/2025	11/07/2024	06/07/2023	27/07/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	31/07/2026	French	PDF
Abridged model	31/12/2024	26/06/2025	24/07/2025	French	PDF
Micro model	31/12/2023	11/07/2024	26/07/2024	French	PDF
Micro model	31/12/2022	06/07/2023	28/07/2023	French	PDF
Micro model	31/12/2021	27/07/2022	20/08/2022	French	PDF
Micro model	31/12/2020	30/06/2021	07/07/2021	French	PDF
Micro model	31/12/2019	18/09/2020	08/10/2020	French	PDF
Micro model	31/12/2018	18/09/2019	30/09/2019	French	PDF
Micro model	31/12/2017	29/08/2018	31/08/2018	French	PDF
Micro model	31/12/2016	23/08/2017	31/08/2017	French	PDF
Abridged modelCorrection	31/12/2015	26/09/2016	28/09/2016	French	PDF
Abridged model	31/12/2015	10/08/2016	19/08/2016	French	PDF
Abridged model	31/12/2014	17/08/2015	18/08/2015	French	PDF
Abridged model	31/12/2013	20/08/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	27/08/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	27/08/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	24/08/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	13/07/2010	26/07/2010	French	PDF
Abridged model	31/12/2008	19/06/2009	23/07/2009	French	PDF
Abridged model	31/12/2007	11/07/2008	28/08/2008	French	PDF
Abridged model	31/12/2006	25/06/2007	27/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active

Active mandates

Donatella IANIERI

Managing director

Active

Patrick OLCZYK

Director

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other08/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET
PDF
Mandates30/04/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office20/12/2017
SIEGE SOCIAL
PDF
Capital / shares08/04/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates01/09/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates01/08/2005
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202513,5 k €↓
2024
Annual accounts 202431,5 k €↑
2023
Annual accounts 202328,5 k €↑
2022
Annual accounts 202225,2 k €↑
2021
Annual accounts 202120,4 k €↑
2020
Annual accounts 2020-23,2 k €↓
2019
Annual accounts 201910,1 k €↓
2018
Annual accounts 201824,6 k €↑
2017
Annual accounts 201715,3 k €↓
2016
Annual accounts 201623,3 k €↓
2015
Annual accounts 201529,0 k €↑
2014
Annual accounts 20148,5 k €↓
2013
Annual accounts 201335,7 k €↓
2012
Annual accounts 201253,5 k €↑
2011
Annual accounts 201150,6 k €↑
2010
Annual accounts 201026,6 k €↓
2009
Annual accounts 200931,9 k €↓
2008
Annual accounts 200835,3 k €↑
2007
Annual accounts 200728,6 k €↑
2006
Annual accounts 200616,9 k €
01/06/1991
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

INTERCOPY

Overview

What does INTERCOPY do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline