Active BE 0743.785.805Private limited company

Ilesan

Denderbellestraat (STG) 8 ·9200 Dendermonde, Belgium· 6 yrs active

Sector: Other activities auxiliary to financial services, excluding insurance and pension funding (66199)

Conclusion Checked

Ilesan is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €104k and a net result of €102k. Equity is shrinking by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 89% of 2351 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€104k
Net result	€102k
Better than sector	89%
Active	6 yrs

Financial profile 4 of 5 axes measured · computed by Checked

90 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 100

Solvency 100

Growth 58

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview6 NBB filings

Annual accounts filed on 30-04-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~14.6%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

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).

Sector comparison

Fiscal year 2025 · NACE 66, Activities auxiliary to financial services and insurance activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	90.7%	50.6%	better than 89% of 2351 sector peers
Net result	€102k	€33k	better than 80% of 2351 sector peers
Equity	€104k	€127k	better than 45% of 2353 sector peers
Gross operating margin	€138k	€105k	better than 57% of 2351 sector peers
Total assets	€114k	€359k	better than 22% of 2352 sector peers

Net profit

€102k

+41.4% 21-25

Total assets

€114k

+35.1% 21-25

Equity

€104k

+40.2% 21-25

Income taxes

€30k

+55.4% 21-25

Dividends

€72k

-5.1% 21-25

Debt

€11k

-0.3% 21-25

Debt ≤ 1y

€11k

+4.9% 21-25

Solvency

90.7%

+3.8% 21-25

ROE

98.1%

+0.8% 21-25

ROA

88.9%

+4.6% 21-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	micro schema	micro schema	micro schema	micro schema	micro schema
Revenue	n/a	n/a	n/a	n/a	n/a
EBITDA	n/a	n/a	n/a	n/a	n/a
Net profit	€102k	€72k	€74k	€92k	€90k
Cash flow	n/a	n/a	n/a	n/a	n/a
Staff costs	-	-	-	-	-
Income taxes	€30k	€19k	€20k	€25k	€25k
Dividends	€72k	€76k	€235k	-	-
Total assets	€114k	€85k	€88k	€254k	€158k
Equity	€104k	€74k	€78k	€239k	€147k
Debt	€11k	€11k	€10k	€14k	€11k
of which ≤ 1y	€11k	€10k	€10k	€14k	€11k
of which > 1y	-	-	-	-	-
Working capital	n/a	n/a	n/a	n/a	n/a
Employees (FTE)	-	-	-	-	-

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	n/a	n/a	n/a	n/a	n/a
Quick ratio	n/a	n/a	n/a	n/a	n/a
Working capital ratio	n/a	n/a	n/a	n/a	n/a
Solvency	90.7%	87.4%	88.1%	94.3%	92.8%
Debt / equity	n/a	n/a	n/a	n/a	n/a
Long-term debt ratio	n/a	n/a	n/a	n/a	n/a
Interest coverage	n/a	n/a	n/a	n/a	n/a
Gross margin	n/a	n/a	n/a	n/a	n/a
Net margin	n/a	n/a	n/a	n/a	n/a
ROA	88.9%	85.0%	83.8%	36.3%	56.7%
ROE	98.1%	97.3%	95.1%	38.5%	61.2%
EBITDA margin	n/a	n/a	n/a	n/a	n/a
Days sales outstanding	n/a	n/a	n/a	n/a	n/a
Days payable outstanding	n/a	n/a	n/a	n/a	n/a
Inventory turnover	n/a	n/a	n/a	n/a	n/a
Days inventory (DSI)	n/a	n/a	n/a	n/a	n/a

Balance-sheet composition 2025

Assets

Fixed assets €7k · 6.0% Current assets €108k · 94.0%

Equity & liabilities

Equity €104k · 90.7% Debt €11k · 9.3%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€114k	€85k	€88k	€254k	€158k
Fixed assets	21/28	€7k	€12k	€9k	€7k	-
Tangible fixed assets	22/27	€7k	€12k	€9k	€7k	-
Current assets	29/58	€108k	€73k	€79k	€246k	€158k
Amounts receivable within one year	40/41	€52k	€27k	€35k	€15k	€17k
Cash & bank	54/58	€56k	€46k	€44k	€211k	€141k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€114k	€85k	€88k	€254k	€158k
Equity	10/15	€104k	€74k	€78k	€239k	€147k
Contributions / capital	10/11	€2k	€2k	€2k	€2k	€2k
Reserves	13	€102k	€72k	€76k	€237k	€145k
Amounts payable	17/49	€11k	€11k	€10k	€14k	€11k
Amounts payable within one year	42/48	€11k	€10k	€10k	€14k	€11k
Trade debts payable within one year	44	€545	-	€152	€79	-
Income statement
Gross operating margin	9900	€138k	€97k	€99k	€119k	€115k
Operating result	9901	€132k	€91k	€95k	€118k	€115k
Financial income	75	€103	€14	€0	-	-
Financial charges	65	€277	€92	€630	€774	€52
Result before taxes	9903	€131k	€91k	€94k	€117k	€114k
Income taxes	67/77	€30k	€19k	€20k	€25k	€25k
Net result for the period	9904	€102k	€72k	€74k	€92k	€90k
Result to be appropriated	9905	€102k	€72k	€74k	€92k	€90k

Legal Structure

NACE primary	Other activities auxiliary to financial services, excluding insurance and pension funding(66199)
Legal form	Private limited company(610)
Incorporation	18-02-2020
Status	Active
Postal code	9200

Establishment units 1 location

Ilesan

Denderbellestraat (STG) 8, 9200 DendermondeComputing infrastructure, data processing, hosting and other information service activities

since 20202.301.132.582

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
42021D0439/00T000	Flanders	325 m²	1 · 173 m²	8.9 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

All 10Financial 4Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2021net €102k ▲41.4%

Operating result €132k, net result €102k, both a record.

31-12

Financial Equity above €100kEq €104k ▲40.2%

5 profitable years in a row build equity to €104k.

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €72k ▼2.8%

Net result drops to €72k, the lowest in the series; recovery starts the following year.

24-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

26-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €200kEq €239k ▲62.7%

2 profitable years in a row build equity to €239k.

16-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

06-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Other activities auxiliary to financial services, excluding insurance and pension funding66199Business and other management consultancy70200Business consulting70220

Names & trade names

Legal nameNL

Ilesan

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