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EXPLOITATIEMAATSCHAPPIJ ISB

Active
Private limited companyfounded 2023active for 3 yearsMonnikenwerve 17-19, 8000 Brugge, Belgium42 active companies are registered at this addressKBO/BCE: BE 0801.421.324
Summary

The computed 12-month bankruptcy probability of EXPLOITATIEMAATSCHAPPIJ ISB is 2.2% (moderate). The 2025 annual accounts show equity of €143,012 and a net result of -€29,387. Its solvency ranks better than 24% of 885 sector peers (NACE 55, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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EXPLOITATIEMAATSCHAPPIJ ISBActiveChecked score 53/100
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Overview

Activity
Hotels and similar accommodation
NACE 55100
9th largest company by total assets in Bruges, Accommodation and food service sector1 site
Size
≈ €1.4mturnover 2025, estimated
Staff
7.6 FTE
Equity
€143,012
Loss
-€29,387
Turnover estimated from the gross margin
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Parent
Las Brisas · 100%
2025 accounts 38 days early
Why 53raises riskFounded in 2023Liquidity: current ratio 0.74, cash €434,850Equity €143,012 (1.6% of total assets)lowers riskFigures for financial year 2025 (filed 23-06-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 45% of its sector peers (NACE 55, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 27-1
equity 1.6% of total assets
Liquidity 55+1
short-term debt 11.0% · cash 4.8%
Profitability 68-1
return on assets -0.3%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,518 companies, NACE 55, micro)
Last 24 months 11-2024: 2.4% 12-2024: 2.6%▲ +0.2 percentage points vs 11-2024 01-2025: 2.7%▲ +0.1 percentage points vs 12-2024 02-2025: 2.5%▼ -0.2 percentage points vs 01-2025 03-2025: 2.6%▲ +0.1 percentage points vs 02-2025 04-2025: 2.9%▲ +0.3 percentage points vs 03-2025 05-2025: 2.9%● unchanged vs 04-2025 06-2025: 2.9%● unchanged vs 05-2025highest value 07-2025: 2.9%● unchanged vs 06-2025highest value 08-2025: 2.9%● unchanged vs 07-2025highest value 09-2025: 2.9%● unchanged vs 08-2025highest value 10-2025: 2.9%● unchanged vs 09-2025highest value 11-2025: 2.9%● unchanged vs 10-2025 12-2025: 2.8%▼ -0.1 percentage points vs 11-2025 01-2026: 2.6%▼ -0.2 percentage points vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.7%▲ +0.1 percentage points vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.8%▲ +0.1 percentage points vs 05-2026 07-2026: 2.2%▼ -0.6 percentage points vs 06-2026lowest value 08-2026: 2.2%● unchanged vs 07-2026 09-2026: 2.2%● unchanged vs 08-2026 10-2026: 2.2%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.74, compared with 0.81 in 2024, below 1; short-term debt: 11% and cash: 4.8% of total assets), and 98.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro): better than 31% on solvency, 69% on liquidity, 56% on profitability and 25% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.74, cash €434,850
NBB · annual accounts
raises risk · Equity €143,012 (1.6% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 23-06-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 885 sector peers (2025).
NBB · sector comparison
Position among 885 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
38 days early
2024
86 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 62 days before the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Idgie Maeckelbergh (cd bestuurder)Appointment: Chavalie De Lodder (cd…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €22,399 in 2024 -€29,387 View
  • Positive: 9th largest company by total assets in Bruges, Accommodation and food service…in the Checked rankings No. 9 View
  • Controlled by Las Brisas 100% View
  • Board changedlatest change 19-12-2025 · 3 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€9.1m
Loss
-€29,387
Solvency
1.6%
Total assets▲ 53.2%
Net result
20242025
Go to Financials

Board & ownership

Board
3 members
Parent
Las Brisas · 100%
  • Belgian Coast HotelsManaging director
  • Jade VandevyvereDirector
  • Chavalie De LodderDirector
Go to Board & ownership

Timeline

Events
6
Since
2023
Next accounts
by 31-07-2027
  1. 07-06-2024Resignation: Pieter Debree (director)
  2. 01-08-2023Appointment: Jade Vandevyvere (director)
  3. 08-05-2023Incorporation
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Hotels and similar accommodationNACE 55100
Founded
04-05-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
49
Annual meeting
First Saturday of May at 16:00
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about EXPLOITATIEMAATSCHAPPIJ ISB

What is the company number of EXPLOITATIEMAATSCHAPPIJ ISB?
0801.421.324. In Belgium the VAT number is the company number with BE in front: BE 0801.421.324.
Where is EXPLOITATIEMAATSCHAPPIJ ISB based?
The registered office is at Monnikenwerve 17-19, 8000 Brugge.Company details
What does EXPLOITATIEMAATSCHAPPIJ ISB do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of EXPLOITATIEMAATSCHAPPIJ ISB?
Private limited company (BV).
When was EXPLOITATIEMAATSCHAPPIJ ISB founded?
On 04-05-2023.
Is EXPLOITATIEMAATSCHAPPIJ ISB still active?
Yes, EXPLOITATIEMAATSCHAPPIJ ISB is an active enterprise in the KBO register.
How many employees does EXPLOITATIEMAATSCHAPPIJ ISB have?
On average 7.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of EXPLOITATIEMAATSCHAPPIJ ISB?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is EXPLOITATIEMAATSCHAPPIJ ISB profitable?
In financial year 2025, EXPLOITATIEMAATSCHAPPIJ ISB made a loss of €29,387.
Where can I find the annual accounts of EXPLOITATIEMAATSCHAPPIJ ISB?
EXPLOITATIEMAATSCHAPPIJ ISB filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EXPLOITATIEMAATSCHAPPIJ ISB due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies Which other companies belong to the same group?Las Brisas · 10 companies

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