I.S.F.

Active

Foreign entityfounded 2011active for 15 yearsChemin Sous-Bois 83, 4900 Spa, BelgiumKBO/BCE: BE 0840.250.622

Summary

I.S.F. has the legal form “Foreign entity” in the KBO. Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €348,852 and a net result of €1,976, of which €5,011 non-recurring income. Equity has been growing by about 3.3% per year since 2023. Its solvency ranks better than 95% of 9,895 sector peers (NACE 43, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

I.S.F.ActiveChecked score 81/100

Risk analysis Report Compare

Official details

Source: KBO

Status: Active since 13-10-2011 Normal situation
Activity: Specialised construction activities NACE 43130and 1 other
Establishment unit: 2.204.587.492 4900 Spa, since 13-10-2011
Financial year end: 31 December
Peppol: Reachable since 09-01-2026

Company details

Board and ownership

Board

LAFRUT AlainDirector · since 04-02-2011

Board & ownership

Financial position

81 Excellent Checked score 2025

Bankruptcy probability: legal form outside the model

Annual accounts 2025

Gross margin: €89,856; ▼ 19.0%
Turnover: ≈ €350,000; estimated
Profit: €1,976; ▼ 90.6%
Equity: €348,852; ▲ 0.6%
Total assets: €385,386; ▼ 2.3%
Staff: 1 FTE; =

2025 accounts filed 61 days after the deadline

Financials

Signalsraises risk2025 accounts filed 61 days lateShow the evidence

Checked score

Score 2025

81 / 100

Excellent▲ +3 on 2024

Without a bankruptcy probability, the score rests on the figures alone.

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Strong

Solvency 100=

equity 90.5% of total assets

Liquidity 73+13

short-term debt 9.5% · cash 18.2%

Profitability 69-6

return on assets 0.5%

Bankruptcy probability within 12 months

The KBO gives the legal form as “Foreign entity”. There is no bankruptcy probability for it. The model is built on companies and gives no reliable figure for this form.

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 10.08 (7.56 in 2024), above the usual 1.5. Short-term debt is 9.5% and cash 18.2% of total assets. 9.5% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal.

raises risk

2025 accounts filed 61 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 3 filings

Deviation from the deadline

2025

61 days late

2024

138 days late

2023

133 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 111 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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. The company usually files around 12 December (3 of the last 3 accounts filed within 73 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

02-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Positive: Higher solvency than 95% of companies in specialised constructionsector median 44.0% · 9,895 companies 90.5% View

Recent changes

25-10-2011 · Gazette deed Incorporation

All 6 events

Comparable companies

These companies have the same main activity as I.S.F.: specialised construction activities (NACE 43130). They are comparable in size and age: total assets between €215,000 and €777,000, founded between 2003 and 2015.

Company	Total assets	Gross margin
I.S.F. Spa	€385,386	€89,856
THERMODRILL Melle	€776,918	€76,077
DRILLING SOLUTIONS Grobbendonk	€621,124	€150,900
DIAFORCE Lennik	€563,571	€140,589
GEO GREEN Villers-la-Ville	€307,193	€133,278
OUT-ZONE Sint-Niklaas	€215,254	€95,479
VERBELEN ENVIRONMENTAL CONTRACTORS Tervuren	€414,506	€239,793

Full comparison

Key facts about I.S.F.

What is the company number of I.S.F.?: The company number of I.S.F. is 0840.250.622. The VAT number is the same number with BE in front: BE 0840.250.622.
Where is I.S.F. based?: The registered office is at Chemin Sous-Bois 83, 4900 Spa.Company details
What does I.S.F. do?: According to the KBO register, the main activity is specialised construction activities (NACE 43130).
What is the legal form of I.S.F.?: The legal form of I.S.F. is Foreign entity.
When was I.S.F. founded?: I.S.F. was founded on 13-10-2011.
Is I.S.F. still active?: Yes, I.S.F. is an active enterprise in the KBO register.
How many employees does I.S.F. have?: I.S.F. had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of I.S.F.?: The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €89,856 and 34 comparable companies (NACE 431). It probably lies between €270,000 and €580,000.
Is I.S.F. profitable?: In financial year 2025, I.S.F. made a profit of €1,976.
Where can I find the annual accounts of I.S.F.?: I.S.F. filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of I.S.F. due?: I.S.F. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline