Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 18 to 13.1.
Financials
Financial year 2025
INTER - HORO from Menen, company number BE0418010216, closed financial year 2025 with a result of € 4,352 after tax. For that financial year INTER - HORO recorded a gross margin of € 1.1 million and equity of € 236,771. Compared with financial year 2024, the result moved from € 35,468 to € 4,352. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 236,771
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,352
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 149,572
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 65,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
13.1
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 926,803
▼ 10% vs 2024
€ 70,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 45,949
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 527,775
▼ 4% vs 2024
€ 137,509 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 98,019
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,244,650 | € 1,283,274 | € 1,219,454 | € 1,116,869 | ▼ 8% |
| Profit after taxes | € 38,588 | € 30,146 | € 35,468 | € 4,352 | ▼ 88% |
| Equity | € 361,805 | € 326,951 | € 297,419 | € 236,771 | ▼ 20% |
| Total debts | € 1,881,297 | € 1,648,545 | € 1,946,244 | € 1,848,528 | ▼ 5% |
| Cash | € 185,553 | € 163,640 | € 132,775 | € 149,572 | ▲ 13% |
| Land & buildings | € 521,686 | € 509,413 | € 497,141 | € 484,868 | ▼ 2% |
| Retained profit | € 224,785 | € 189,931 | € 160,399 | € 99,751 | ▼ 38% |
| Dividend | € 65,000 | € 65,000 | € 65,000 | € 65,000 | |
| Bank debt | € 578,004 | € 529,182 | € 549,369 | € 527,775 | ▼ 4% |
| Balance sheet total | € 2,243,102 | € 1,975,496 | € 2,243,662 | € 2,085,299 | ▼ 7% |
| Employees (FTE) | 19 | 18 | 15.5 | 13.1 | ▼ 2.4 |
Key figures of INTER - HORO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to INTER - HORO?
What happened at INTER - HORO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lenz Counye stepped down as director. NBB
- Ronny Counye stepped down as director. NBB
- Kelly Counye stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4,352 (▼ 88% vs 2024). Source: NBB ↗
- Lenz Counye became a director. NBB
- Ronny Counye became a director. NBB
- Kelly Counye became a director. NBB
- New establishment in Menen. KBO
In short
From € 38,588 profit in 2022 to € 4,352 profit in 2025.
Paid € 41,034 in corporate taxes since 2022.
Best year ever: 2022, with € 38,588 profit.
On average € 85,300 of value added per employee in 2025.
Management
The stake of KLC PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INTER - HOROThe shares are held by KLC PROJECTS (100%).
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Ronny Counye
Director
since 2020 · until 2026
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lauwbergstraat 230
8930 Menen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.010.216
- VAT number
- BE 0418.010.216
- Registered office
- Lauwbergstraat 230, 8930 Menen
- Names & denominations
- INTER - HORO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1978
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Overige niet-gespecialiseerde detailhandel
Detailhandel via postorderbedrijven of via internet
Installatie van isolatie
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Grootwarenhuizen (verkoop van overwegend niet-voedingsmiddelen met verkoopsopp.vanaf 2.500 m2)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
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