ACTIVE

INTERCITY PROJECTS

Financial year 2025 · closed on 31/12/2025
Net result
-4,3 k €
-27.5% YoY
Gross margin
-2,8 k €
+12.1% YoY
Equity
14,5 k €
-22.9% YoY

What does INTERCITY PROJECTS do?

INTERCITY PROJECTS is a Public limited company incorporated in 2004. Its main activity is: Buying and selling of own real estate. Its registered office is in Zedelgem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0866.964.818
Incorporation
27/08/2004
Legal form
Public limited company
Registered office
Heidelbergstraat 26A
8210 Zedelgem · FlandreSee on map
Contributed capital
63 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-2,8 k €-3,2 k €-174,9 €-54,5 €-3,6 k €-978,6 €-7,6 k €-4,3 k €-1,1 k €-6,6 k €-1,9 k €-3,7 k €-2,7 k €11,1 €1,7 M €-659,2 k €-31,7 k €187,7 k €
EBITDA-4,3 k €-3,4 k €-895,2 €-163,5 €-4,1 k €-1,4 k €-8 k €-4,7 k €-1,6 k €-7 k €-6,1 k €-4,2 k €-3,8 k €-968,5 €1,6 M €-664,8 k €-53,3 k €167,9 k €
Operating result-4,3 k €-3,4 k €-895,2 €-163,5 €-4,1 k €-1,4 k €-8 k €-4,7 k €-1,6 k €-7 k €-6,1 k €-4,2 k €-3,8 k €-968,5 €1,6 M €-664,8 k €-53,8 k €167,4 k €
Net result-4,3 k €-3,4 k €-916,2 €-24,5 k €-4,2 k €468,3 €-7,2 k €-4,8 k €-1,7 k €-7 k €-6,5 k €-4,6 k €-3 k €-4,3 k €1,3 M €-687,2 k €-79,6 k €114,5 k €
Balance sheet
Equity14,5 k €18,8 k €28,1 k €29,1 k €53,6 k €57,8 k €57,3 k €64,5 k €69,3 k €146 k €153 k €159,5 k €164,1 k €167,2 k €171,4 k €-699,8 k €-12,6 k €67 k €
Total assets15,4 k €19,8 k €29,6 k €36,7 k €61,2 k €65,4 k €65,8 k €75,3 k €172,5 k €180,5 k €184,9 k €191,6 k €196 k €216,7 k €253,2 k €4,2 M €3,1 M €1,7 M €
Cash3,2 k €7,3 k €17,1 k €24,6 k €25,3 k €29,9 k €32,8 k €64,1 k €2,1 k €6,4 k €30,8 k €36,8 k €44,8 k €62,8 k €193,5 k €299,1 k €101,6 k €187,8 k €
Debts931,7 €1 k €1,5 k €7,6 k €7,6 k €7,6 k €8,5 k €10,8 k €103,2 k €34,5 k €31,8 k €32,1 k €31,8 k €49,5 k €81,8 k €678,2 k €261,7 k €388,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

Carine Baert

Director

Active
Stefaan Vandaele

Managing director

Active

Ended mandates

Carine Baert

Director · since 31 janvier 2023

Ended
DANNY LESCRAUWAET

Managing director · since 01 juin 2016 · until 01 juin 2022

Ended
LUC ANSEEUW

Managing director · since 01 juin 2016 · until 01 juin 2022

Ended
RINALDUS MOUTON

Managing director · since 01 juin 2016 · until 01 juin 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
0818.582.010
ElmoActive
0737.802.586
Annual accounts

Full financial information

202520242021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202531/12/202431/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/08/202616/07/202513/10/202208/09/202105/10/202023/07/2019
General meeting30/07/202602/06/202501/06/202201/06/202101/09/202001/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/07/202626/08/2026DutchPDF
Micro model31/12/202402/06/202516/07/2025DutchPDF
Micro model31/12/202101/06/202213/10/2022DutchPDF
Micro model31/12/202001/06/202108/09/2021DutchPDF
Micro model31/12/201901/09/202005/10/2020DutchPDF
Micro model31/12/201801/06/201923/07/2019DutchPDF
Micro model31/12/201701/06/201809/07/2018DutchPDF
Abridged model31/12/201601/06/201722/08/2017DutchPDF
Abridged model31/12/201501/06/201624/08/2016DutchPDF
Abridged model31/12/201401/06/201526/06/2015DutchPDF
Abridged model31/12/201301/06/201427/08/2014DutchPDF
Abridged model31/12/201201/06/201306/07/2013DutchPDF
Abridged model31/12/201101/06/201223/08/2012DutchPDF
Abridged model31/12/201001/06/201126/08/2011DutchPDF
Abridged model31/12/200901/06/201024/06/2010DutchPDF
Abridged model31/12/200801/06/200927/08/2009DutchPDF
Abridged model31/12/200701/06/200820/08/2008DutchPDF
Abridged model31/12/200601/06/200731/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 15 ended

Active mandates

Carine Baert

Director

Active
Stefaan Vandaele

Managing director

Active

Ended mandates

Carine Baert

Director · since 31 janvier 2023

Ended
DANNY LESCRAUWAET

Managing director · since 01 juin 2016 · until 01 juin 2022

Ended
LUC ANSEEUW

Managing director · since 01 juin 2016 · until 01 juin 2022

Ended
RINALDUS MOUTON

Managing director · since 01 juin 2016 · until 01 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/03/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/03/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/01/2006
    BENAMING
    PDF
  • Other06/09/2004
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025-4,3 k €
  2. 2024
    Annual accounts 2024-3,4 k €
  3. 2021
    Annual accounts 2021-916,2 €
  4. 2020
    Annual accounts 2020-24,5 k €
  5. 2019
    Annual accounts 2019-4,2 k €
  6. 2018
    Annual accounts 2018468,3 €
  7. 2017
    Annual accounts 2017-7,2 k €
  8. 2016
    Annual accounts 2016-4,8 k €
  9. 2015
    Annual accounts 2015-1,7 k €
  10. 2014
    Annual accounts 2014-7 k €
  11. 2013
    Annual accounts 2013-6,5 k €
  12. 2012
    Annual accounts 2012-4,6 k €
  13. 2011
    Annual accounts 2011-3 k €
  14. 2010
    Annual accounts 2010-4,3 k €
  15. 2009
    Annual accounts 20091,3 M €
  16. 2008
    Annual accounts 2008-687,2 k €
  17. 2007
    Annual accounts 2007-79,6 k €
  18. 2006
    Annual accounts 2006114,5 k €
  19. 27/08/2004
    IncorporationPublic limited company