I.S.B.
I.S.B. has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €2k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 7505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
| Equity | €26k |
| Net result | €2k |
| Better than sector | 95% |
| Active | 25 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 96.3% | 44.0% | |
| Net result | €2k | €29k | |
| Equity | €26k | €274k | |
| Gross operating margin | €2k | €272k | |
| Total assets | €26k | €739k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | €668 | €1k | €-4k | €8k |
| Net profit | €2k | €1k | €1k | €-6k | €2k |
| Cash flow | - | €1k | €2k | €-4k | €8k |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | - | - | €176 |
| Dividends | - | - | - | - | - |
| Total assets | €26k | €25k | €23k | €24k | €36k |
| Equity | €26k | €23k | €22k | €21k | €27k |
| Debt | €976 | €1k | €744 | €2k | €9k |
| of which ≤ 1y | €914 | €730 | €744 | €2k | €9k |
| of which > 1y | - | - | - | - | €159 |
| Working capital | €26k | €24k | €21k | €17k | €21k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 28.98 | 33.65 | 29.57 | 7.96 | 3.35 |
| Quick ratio | 28.98 | 33.65 | 29.57 | 7.96 | 3.35 |
| Working capital ratio | 96.5% | 97.0% | 92.2% | 72.7% | 58.1% |
| Solvency | 96.3% | 95.2% | 96.8% | 89.6% | 74.8% |
| Debt / equity | 0.04 | 0.05 | 0.03 | 0.12 | 0.01 |
| Long-term debt ratio | - | - | - | - | 0.01 |
| Interest coverage | - | 2.50 | 8.01 | -13.47 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 8.0% | 4.4% | 5.1% | -24.5% | 5.6% |
| ROE | 8.3% | 4.6% | 5.3% | -27.4% | 7.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €26k | €25k | €23k | €24k | €36k |
| Fixed assets | 21/28 | €0 | €0 | €1k | €4k | €6k |
| Tangible fixed assets | 22/27 | €0 | €0 | €1k | €4k | €6k |
| Current assets | 29/58 | €26k | €25k | €22k | €20k | €30k |
| Amounts receivable within one year | 40/41 | €23k | €22k | €20k | €18k | €20k |
| Cash & bank | 54/58 | €4k | €3k | €1k | €1k | €10k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €26k | €25k | €23k | €24k | €36k |
| Equity | 10/15 | €26k | €23k | €22k | €21k | €27k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | - |
| Reserves | 13 | €7k | €5k | €4k | €3k | €8k |
| Amounts payable | 17/49 | €976 | €1k | €744 | €2k | €9k |
| Amounts payable after one year | 17 | - | - | - | - | €159 |
| Amounts payable within one year | 42/48 | €914 | €730 | €744 | €2k | €9k |
| Trade debts payable within one year | 44 | €734 | €300 | €428 | €2k | €4k |
| Income statement | ||||||
| Gross operating margin | 9900 | €2k | €2k | €2k | €-4k | €9k |
| Operating result | 9901 | €1k | €360 | €300 | €-6k | €2k |
| Financial income | 75 | €1k | €989 | €1k | €868 | €1k |
| Financial charges | 65 | €187 | €267 | €155 | €308 | €692 |
| Result before taxes | 9903 | €2k | €1k | €1k | €-6k | €2k |
| Income taxes | 67/77 | - | - | - | - | €176 |
| Net result for the period | 9904 | €2k | €1k | €1k | €-6k | €2k |
| Result to be appropriated | 9905 | €2k | €1k | €1k | €-6k | €2k |
-
VRANCKEN FerdinandDirectorState Gazette act 23433487 (22-11-2023)Current22-11-2023 → present
| NACE primary | Joinery installation(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 26-06-2001 |
| Status | Active |
| Postal code | 8400 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0561/00B000 | Flanders | 530 m² | 1 · 451 m² | 18.4 m · 1 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-02-2025 Registered office moved from Riemst to Oostende
- St.-Rochusstraat 2, 3770 Riemst → 8400 Oostende, Langestraat 82 bus 0001
Technical details
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"region": "vlaams_gewest",
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"filing_date": "2025-01-30",
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"co_filed_documents": [
"Bijlagen bij het Belgisch.Staatsblad-06/02/2025---Annexes du-Moniteur belge"
]
}22-11-2023 VRANCKEN Ferdinand appointed as director
- VRANCKEN Ferdinand, Bestuurder
Technical details
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"name": "Baat Accountants \u0026 Adviseurs",
"address": "3630 Maasmechelen, Rijksweg 503 bus 4",
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"notary": {
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"Afschrift van de akte van de algemene vergadering",
"Bijzonder verslag bestuursorgaan, wijziging voorwerp",
"Geco\u00F6rdineerde statuten"
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}| Legal nameNL | I.S.B. |