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I.S.1

Active
Private limited companyfounded 2021active for 5 yearsLt. Graffplein 18, 1780 Wemmel, BelgiumKBO/BCE: BE 0774.756.321
Summary

The computed 12-month bankruptcy probability of I.S.1 is 17.2% (high). For I.S.1, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€5,749) and a net result of -€5,628. Its solvency ranks better than 9% of 17,666 sector peers (NACE 56, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).

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I.S.1Active
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Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
1 site
Size
€3,953total assets 2023
Equity
-€5,749
Loss
-€5,628
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
17.2%
2023 figures too old to score
Structure
Accounts 441 days overdue3 of 5 deeds read
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 28 days late; 1 of the last 3 lateFigures for financial year 2023 (filed 29-08-2024)Ex-officio strike-off in the KBOTwo or more financial years not filedAdministrative warnings in the KBO publicationslowers riskLiquidity: current ratio 0.41, cash €1,626neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 0-21
equity -145.4% of total assets
Liquidity 50+28
short-term debt 245.4% · cash 41.1%
Profitability 0-29
return on assets -142.4%
Bankruptcy probability, 12 months
17.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,718 companies, NACE 56, micro)
Last 24 months 11-2024: 5.9% 12-2024: 5.9%● unchanged vs 11-2024 01-2025: 3.6%▼ -2.3 percentage points vs 12-2024 02-2025: 3.6%● unchanged vs 01-2025 03-2025: 3.5%▼ -0.1 percentage points vs 02-2025 04-2025: 3.5%● unchanged vs 03-2025 05-2025: 3.5%● unchanged vs 04-2025 06-2025: 3.2%▼ -0.3 percentage points vs 05-2025lowest value 07-2025: 6.0%▲ +2.8 percentage points vs 06-2025 08-2025: 7.2%▲ +1.2 percentage points vs 07-2025 09-2025: 7.8%▲ +0.6 percentage points vs 08-2025 10-2025: 9.0%▲ +1.2 percentage points vs 09-2025 11-2025: 9.0%● unchanged vs 10-2025 12-2025: 11.1%▲ +2.1 percentage points vs 11-2025 01-2026: 14.0%▲ +2.9 percentage points vs 12-2025 02-2026: 14.0%● unchanged vs 01-2026 03-2026: 14.3%▲ +0.3 percentage points vs 02-2026 04-2026: 13.1%▼ -1.2 percentage points vs 03-2026 05-2026: 13.1%● unchanged vs 04-2026 06-2026: 12.9%▼ -0.2 percentage points vs 05-2026 07-2026: 12.9%● unchanged vs 06-2026 08-2026: 16.0%▲ +3.1 percentage points vs 07-2026 09-2026: 17.5%▲ +1.5 percentage points vs 08-2026highest value 10-2026: 17.2%▼ -0.3 percentage points vs 09-2026
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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · 2 financial years not filed after the legal deadline; latest accounts 28 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2023 (filed 29-08-2024)
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
lowers risk · Liquidity: current ratio 0.41, cash €1,626
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-08-2024, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
28 days late
2022
294 days late
← 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 161 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled
  1. Appointment: BARB Florin Gabriel (director)Resignation: PROFIR Vasile (director) ·…
  2. Address strikeout annulledKBO administration
  3. Appointment: PROFIR Vasile (director)Resignation: HOTAK Jamsheed (director) ·…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 441 days late View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€5,749 View
  • Caution: Board changedlatest change 17-06-2026 · 1 in office 1 joined · 2 left View
  • Caution: Among the weakest 9% on solvencysector median 28.0% · 17,666 companies -145.4% View

By topic

Financials

Financial year
2023
Total assets
€3,953
Loss
-€5,628
Solvency
-145.4%
Total assets▲ 18.1%
Net result
20222023
Go to Financials

Timeline

Events
7
Since
2024
  1. 20-06-2025Address struck
  2. 07-02-2025Appointment: Hotak Jamsheed (director)
  3. 28-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
29-09-2021
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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