Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.1 to 2.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
INTROPA from Antwerpen, company number BE0425260965, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year INTROPA recorded revenue of € 5.3 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 119,618 to € -1.7 million. The company made a loss. 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 September 18, 2026.
€ 2.9 million
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ still € 119,618 profit in 2024
Profit after tax over the fiscal year.
€ 2.8 million
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.1 million.
People and assets in 2025
2
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 170,156
▼ 25% vs 2024
€ 85,100 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.
€ 236
▼ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10 million
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 660 days on average.
€ 4,847
▼ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 22,523,294 | € 15,230,382 | € 11,641,374 | € 5,285,871 | ▼ 55% |
| Profit after taxes | € 533,435 | € -452,515 | € 119,618 | € -1,746,919 | ▼ € 1.9 million |
| Equity | € 5,627,092 | € 5,174,577 | € 4,894,195 | € 2,867,276 | ▼ 41% |
| Total debts | € 22,709,429 | € 21,147,228 | € 22,990,677 | € 24,521,519 | ▲ 7% |
| Cash | € 3,454,230 | € 1,329,547 | € 1,374,187 | € 2,842,834 | ▲ 107% |
| Land & buildings | € 800,921 | € 909,793 | € 868,234 | € 842,007 | ▼ 3% |
| Retained profit | € 4,877,092 | € 4,424,577 | € 4,144,195 | € 2,117,276 | ▼ 49% |
| Dividend | € 400,000 | € 0 | € 400,000 | € 280,000 | ▼ 30% |
| Balance sheet total | € 28,336,522 | € 26,321,806 | € 27,884,872 | € 27,388,795 | ▼ 2% |
| Employees (FTE) | 5.4 | 5.1 | 3.1 | 2 | ▼ 1.1 |
Key figures of INTROPA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to INTROPA?
What happened at INTROPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.7 million (▼ € 1.9 million vs 2024). filed late Source: NBB ↗
- Dina Khalil stepped down as director. NBB
- Lamiss Nasser stepped down as director. NBB
- Intropa Holding NV stepped down as director. NBB
- Dina Khalil became a director. NBB
- Lamiss Nasser became a director. NBB
- Intropa Holding NV became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 533,435 profit in 2022 to € 1.7 million loss in 2025.
Paid € 2,701 in corporate taxes since 2022.
Best year ever: 2022, with € 533,435 profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
The stake of INTROPA HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INTROPAThe shares are held by INTROPA HOLDING (100%).
Directors
According to the 2025 annual accounts
since 2020 · until 2026
since 2020 · until 2026
Managing director · represented by Mohamad Hikmat Nasser
Also active at: INTROPEX, RAYAN PRODUCTS GROUP, BORALLIS
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Quellinstraat 37
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →FINUM ACCOUNTANTS
€ 566,327 gross margin · 2025
FINUM HOLDING
€ 195,727 gross margin · 2025
Vereniging van Libanezen in Antwerpen
IMMO INVEST ANTWERPEN
€ 62,780 gross margin · 2025
RAYAN PRODUCTS GROUP same network
€ 8,820 gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.260.965
- VAT number
- BE 0425.260.965
- Registered office
- Quellinstraat 37, 2018 Antwerpen
- Names & denominations
- INTROPA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 1984
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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