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INDEPENDANT SERVICE SYSTEM

Active
Private limited companyfounded 1998active for 28 yearsde Villegas de Clercampstraat 159, 1853 Grimbergen, BelgiumKBO/BCE: BE 0462.646.250
Summary

INDEPENDANT SERVICE SYSTEM has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€37,602) and a net result of €5,077. Equity has been shrinking by about 44% per year since 2018. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 10-02-1998 Normal situation
Activity
“Verlenen van logistieke en administratieve diensten aan andere firma's” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
Establishment unit
2.086.998.946 1853 Grimbergen, since 03-06-1998
Financial year end
30 June
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts to 30-06-2025
Gross margin
€6,821
Turnover
≈ €46,000
estimated
Profit
€5,077
Equity
-€37,602
Total assets
€40,289
  • Negative equity on 30-06-2025
Score breakdownraises riskCapped at 59: negative equity2 of the last 3 accounts lateNegative equity -€37,602lowers riskSize: total assets €40,289Founded in 1998Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 19% of micro companies without a NACE code
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Weak
Solvency 0=
equity -93.3% of total assets
Liquidity 1+1
short-term debt 112.7% · cash 0.6%
Profitability 69+69
return on assets 12.6%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 7.6% 01-2025: 4.7%▼ -2.9 percentage points vs 12-2024 02-2025: 4.7%● unchanged vs 01-2025 03-2025: 4.9%▲ +0.2 percentage points vs 02-2025 04-2025: 4.9%● unchanged vs 03-2025 05-2025: 4.9%● unchanged vs 04-2025 06-2025: 5.2%▲ +0.3 percentage points vs 05-2025 07-2025: 5.4%▲ +0.2 percentage points vs 06-2025 08-2025: 6.3%▲ +0.9 percentage points vs 07-2025 09-2025: 6.1%▼ -0.2 percentage points vs 08-2025 10-2025: 6.7%▲ +0.6 percentage points vs 09-2025 11-2025: 6.9%▲ +0.2 percentage points vs 10-2025 12-2025: 8.2%▲ +1.3 percentage points vs 11-2025highest value 01-2026: 1.1%▼ -7.1 percentage points vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.0%▼ -0.1 percentage points vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 0.7%▼ -0.3 percentage points vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.0 in 2023), below 1. Short-term debt is 112.7% and cash 0.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 (no NACE code, micro). It does better than 5% of them on solvency, 4% on liquidity and 47% on profitability.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €40,289
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€37,602
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-12-2025, 54 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
54 days early
2023
152 days late
2022
518 days late
2021
883 days late
2020
31 days late
2019
88 days late
2018
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 237 days after the deadline. The Belgian median for financial year 2023 was 3 days before the deadline, and 40% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€37,602 View

Recent changes

  1. · Gazette deed Resignation: SIAENS David (director)Reappointment: SIAENS David (director)
  2. · Gazette deed Incorporation
All 15 events

Key facts about INDEPENDANT SERVICE SYSTEM

What is the company number of INDEPENDANT SERVICE SYSTEM?
The company number of INDEPENDANT SERVICE SYSTEM is 0462.646.250. The VAT number is the same number with BE in front: BE 0462.646.250.
Where is INDEPENDANT SERVICE SYSTEM based?
The registered office is at de Villegas de Clercampstraat 159, 1853 Grimbergen.Company details
What is the legal form of INDEPENDANT SERVICE SYSTEM?
The legal form of INDEPENDANT SERVICE SYSTEM is Private limited company (BV).
When was INDEPENDANT SERVICE SYSTEM founded?
INDEPENDANT SERVICE SYSTEM was founded on 10-02-1998.
Is INDEPENDANT SERVICE SYSTEM still active?
Yes, INDEPENDANT SERVICE SYSTEM is an active enterprise in the KBO register.
What is the turnover of INDEPENDANT SERVICE SYSTEM?
The turnover in financial year 2025 is ≈ €46,000. This figure is estimated from the gross margin of €6,821 and 2,698 comparable companies of the same size. It probably lies between €19,000 and €120,000. It is a rough estimate.Financials
Is INDEPENDANT SERVICE SYSTEM profitable?
In financial year 2025, INDEPENDANT SERVICE SYSTEM made a profit of €5,077.
Where can I find the annual accounts of INDEPENDANT SERVICE SYSTEM?
INDEPENDANT SERVICE SYSTEM filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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