INSULA PROPERTIES

Active

Private limited companyfounded 200719 yrs activeLinkebeeksedreef 45, 1640 Sint-Genesius-Rode, BelgiumKBO/BCE: BE 0888.221.278

Summary

INSULA PROPERTIES has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-548k) and a net result of €-113k. Equity is shrinking by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysis Watch Report Compare

INSULA PROPERTIESActiveChecked score 32/100

Risk analysis Report Compare

Checked score

Score 2025

32 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability8▼-1

Solvency0=

Growth32=

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.69 against 0.64 in 2024; short-term debt: 140.3% and cash: 0.2% of total assets), and equity is negative.

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Real estate activities (NACE 68)

about 43% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-42.4%

Return on assets

-8.7%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €-548k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

7 d late

2024

55 d late

2023

49 d early

2022

38 d early

2021

23 d early

2020

31 d late

2019

31 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-113k▼ 65.6%

2024 · €-68k

2018: €-33k 2019: €-54k▼ -62.9% vs 2018 2020: €-129k▼ -138% vs 2019 2021: €162k▲ +226% vs 2020highest in 8 years 2022: €-36k▼ -122% vs 2021 2023: €-178k▼ -390% vs 2022lowest in 8 years 2024: €-68k▲ +61.7% vs 2023 2025: €-113k▼ -65.6% vs 2024

2018 → 2025

Working capital

€-565k▼ 23.4%

2024 · €-458k

2018: €-143khighest in 8 years 2019: €-195k▼ -35.9% vs 2018 2020: €-334k▼ -71.5% vs 2019 2021: €-163k▲ +51.3% vs 2020 2022: €-207k▼ -27.3% vs 2021 2023: €-387k▼ -86.8% vs 2022 2024: €-458k▼ -18.5% vs 2023 2025: €-565k▼ -23.4% vs 2024lowest in 8 years

2018 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-153k-€-189k▼ 23.8%€-367k▼ 94.3%€-435k▼ 18.6%€-548k▼ 25.9% 2021: €-153khighest in 5 years 2022: €-189k▼ -23.8% vs 2021 2023: €-367k▼ -94.3% vs 2022 2024: €-435k▼ -18.6% vs 2023 2025: €-548k▼ -25.9% vs 2024lowest in 5 years

Operating result€199k-€-27k€-150k▼ 454%€-39k▲ 74.0%€-78k▼ 100% 2021: €199khighest in 5 years 2022: €-27k▼ -114% vs 2021 2023: €-150k▼ -454% vs 2022lowest in 5 years 2024: €-39k▲ +74.0% vs 2023 2025: €-78k▼ -100% vs 2024

Net result€162k-€-36k€-178k▼ 390%€-68k▲ 61.7%€-113k▼ 65.6% 2021: €162khighest in 5 years 2022: €-36k▼ -122% vs 2021 2023: €-178k▼ -390% vs 2022lowest in 5 years 2024: €-68k▲ +61.7% vs 2023 2025: €-113k▼ -65.6% vs 2024

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €78k in 2025 against €39k in 2024; the loss grows.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.29M

96.5%

Fixed assets €45k ▼ 24.2%

Current assets €1.25M ▲ 55.7%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-64k▼

2024 · €-26k

Cash flow

€-99k▼

2024 · €-55k

Solvency

-42.4%▲

2024 · -50.6%

Current ratio

0.69▲

2024 · 0.64

Quick ratio

0.01▼

2024 · 0.03

Debt to equity

-3.36▼

2024 · -2.98

ROA

-8.7%▼

2024 · -7.9%

Interest coverage

-1.86▼

2024 · -0.92

Debt

€1.84M▲

2024 · €1.29M

Debt ≤ 1 year

€1.81M▲

2024 · €1.26M

Debt > 1 year

€28k▼

2024 · €37k

Income taxes

€441▼

2024 · €452

Staff costs

€0▼

2024 · €11k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines

Balance sheet Code20242025

Assets

Total assets20/58€860k€1.29M▲

Fixed assets21/28€59k€45k▼

Tangible fixed assets22/27€59k€44k▼

Plant, machinery and equipment23€313€153▼

Furniture and vehicles24€5k€2k▼

Leasing and similar rights25€44k€34k▼

Other tangible fixed assets26€10k€8k▼

Financial fixed assets28€600€600=

Current assets29/58€800k€1.25M▲

Stocks and contracts in progress3€757k€1.22M▲

Stocks30/36€757k€1.22M▲

Amounts receivable within one year40/41€1k€14k▲

Trade receivables40€365€0▼

Other amounts receivable41€666€14k▲

Cash at bank and in hand54/58€35k€2k▼

Deferred charges and accrued income490/1€7k€11k▲

Equity and liabilities

Total equity and liabilities10/49€860k€1.29M▲

Equity10/15€-435k€-548k▼

Contributions10/11€30k€30k=

Reserves13€3k€3k=

Non-distributable reserves130/1€3k€0▼

Reserves not available under the articles1311€3k€0▼

Distributable reserves133-€3k

Profit (loss) carried forward14€-468k€-581k▼

Amounts payable17/49€1.29M€1.84M▲

Amounts payable after more than one year17€37k€28k▼

Financial debts170/4€37k€28k▼

Amounts payable within one year42/48€1.26M€1.81M▲

Current portion of amounts payable after more than one year42€8k€8k▲

Financial debts43€563k€800k▲

Credit institutions430/8€0€800k▲

Other loans439€563k€0▼

Trade debts44€19k€100k▲

Suppliers440/4€19k€100k▲

Taxes, remuneration and social security45€2k€11k▲

Taxes450/3€452€10k▲

Remuneration and social security454/9€2k€1k▼

Other amounts payable47/48€666k€892k▲

Income statement Code20242025

Remuneration, social security and pensions62€11k€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲

Other operating charges640/8€5k€12k▲

Gross operating margin9900€-11k€-52k▼

Operating profit (loss)9901€-39k€-78k▼

Financial income75/76B€8€0▼

Recurring financial income75€8€0▼

Financial charges65/66B€29k€34k▲

Recurring financial charges65€29k€34k▲

Profit (loss) for the period before taxes9903€-68k€-112k▼

Income taxes67/77€452€441▼

Profit (loss) for the period9904€-68k€-113k▼

Profit (loss) for the period to be appropriated9905€-68k€-113k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-468k€-581k▼

Profit (loss) brought forward from the previous period14P€-400k€-468k▼

Social balance

Average headcount (FTE)90870.3-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2021	2022	2023	2024	2025	Change
Remuneration, social security and pensions62	€39k	€46k	€56k	€11k	€0	▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€10k	€9k	€4k	€13k	€14k	▲ 13.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	-	€90k	-	-	-	-
Other operating charges640/8	€63k	€3k	€10k	€5k	€12k	▲ 134%
Gross operating margin9900	€310k	€122k	€-80k	€-11k	€-52k	▼ 388%
Operating profit (loss)9901	€199k	€-27k	€-150k	€-39k	€-78k	▼ 100%
Financial income75/76B	€971	€2	€1	€8	€0	▼ 100%
Recurring financial income75	€971	€2	€1	€8	€0	▼ 100%
Financial charges65/66B	€37k	€9k	€28k	€29k	€34k	▲ 19.6%
Recurring financial charges65	€37k	€9k	€28k	€29k	€34k	▲ 19.6%
Profit (loss) for the period before taxes9903	€163k	€-36k	€-178k	€-68k	€-112k	▼ 66.1%
Income taxes67/77	€200	€229	€229	€452	€441	▼ 2.5%
Profit (loss) for the period9904	€162k	€-36k	€-178k	€-68k	€-113k	▼ 65.6%
Profit (loss) for the period to be appropriated9905	€162k	€-36k	€-178k	€-68k	€-113k	▼ 65.6%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€650k	€735k	€723k	€860k	€1.29M	▲ 50.2%
Fixed assets21/28	€10k	€19k	€19k	€59k	€45k	▼ 24.2%
Tangible fixed assets22/27	€9k	€18k	€19k	€59k	€44k	▼ 24.4%
Plant, machinery and equipment23	€792	€633	€473	€313	€153	▼ 51.0%
Furniture and vehicles24	€6k	€6k	€7k	€5k	€2k	▼ 50.5%
Leasing and similar rights25	-	-	-	€44k	€34k	▼ 23.8%
Other tangible fixed assets26	€3k	€12k	€11k	€10k	€8k	▼ 13.5%
Financial fixed assets28	€600	€600	€600	€600	€600	=
Current assets29/58	€640k	€716k	€704k	€800k	€1.25M	▲ 55.7%
Stocks and contracts in progress3	€522k	€656k	€685k	€757k	€1.22M	▲ 61.0%
Stocks30/36	€522k	€656k	€685k	€757k	€1.22M	▲ 61.0%
Amounts receivable within one year40/41	€9k	€54k	€12k	€1k	€14k	▲ 1,254%
Trade receivables40	-	€427	€78	€365	€0	▼ 100%
Other amounts receivable41	€9k	€54k	€12k	€666	€14k	▲ 1,995%
Cash at bank and in hand54/58	€107k	€38	€22	€35k	€2k	▼ 94.1%
Deferred charges and accrued income490/1	€2k	€5k	€6k	€7k	€11k	▲ 63.6%
Equity and liabilities
Total equity and liabilities10/49	€650k	€735k	€723k	€860k	€1.29M	▲ 50.2%
Equity10/15	€-153k	€-189k	€-367k	€-435k	€-548k	▼ 25.9%
Contributions10/11	€30k	€30k	€30k	€30k	€30k	=
Reserves13	€3k	€3k	€3k	€3k	€3k	=
Non-distributable reserves130/1	€3k	€3k	€3k	€3k	€0	▼ 100%
Reserves not available under the articles1311	€3k	€3k	€3k	€3k	€0	▼ 100%
Distributable reserves133	-	-	-	-	€3k	-
Profit (loss) carried forward14	€-186k	€-222k	€-400k	€-468k	€-581k	▼ 24.1%
Amounts payable17/49	€803k	€924k	€1.09M	€1.29M	€1.84M	▲ 42.1%
Amounts payable after more than one year17	-	-	-	€37k	€28k	▼ 22.9%
Financial debts170/4	-	-	-	€37k	€28k	▼ 22.9%
Amounts payable within one year42/48	€803k	€923k	€1.09M	€1.26M	€1.81M	▲ 44.0%
Current portion of amounts payable after more than one year42	-	-	-	€8k	€8k	▲ 5.5%
Financial debts43	€445k	€473k	€472k	€563k	€800k	▲ 42.1%
Credit institutions430/8	€445k	€473k	€472k	€0	€800k	-
Other loans439	-	-	-	€563k	€0	▼ 100%
Trade debts44	€700	€12k	€14k	€19k	€100k	▲ 418%
Suppliers440/4	€700	€12k	€14k	€19k	€100k	▲ 418%
Taxes, remuneration and social security45	€5k	€10k	€35k	€2k	€11k	▲ 410%
Taxes450/3	€200	€429	€229	€452	€10k	▲ 2,027%
Remuneration and social security454/9	€5k	€9k	€34k	€2k	€1k	▼ 23.0%
Other amounts payable47/48	€352k	€428k	€570k	€666k	€892k	▲ 33.9%
Accrued charges and deferred income492/3	-	€1k	-	-	-	-

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€162k	€-36k	€-178k	€-68k	€-113k	▼ 65.6%
+ Depreciation and write-downs630	€10k	€9k	€4k	€13k	€14k	▲ 13.2%
Operating cash flow (approximation)	€172k	€-28k	€-174k	€-55k	€-99k	▼ 77.6%
Investment in fixed assets (approximation)	-	€-18k	€-4k	€-52k	€0	▲ 100%
Change in cash	-	€-107k	€-16	€35k	€-33k	▼ 194%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

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

2026

07-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 7 days late

2025

24-09

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 55 days late

2024

12-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Weakest financial yearnet €-178k

Net result drops to €-178k, the lowest in the series; recovery starts the following year.

23-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

08-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Back to profitnet €162k

Net result €162k after 3 loss-making years.

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

2020

31-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 31 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

14-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 14 days late

2017

17-10

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 78 days late

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

0 of 5 acts read

About the unread acts

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Sint-Genesius-Rode · 1 establishment unit since 2007

seat establishment The establishment unit on the map

Ground area

1,088 m²

Building footprint

127 m²

Volume, LiDAR

805 m³

Parcel 22552F0004/00H027, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.

3 companies at this address See who is registered here

1 establishment unit

Linkebeeksedreef 45, 1640 Sint-Genesius-Rode

NACE 70120

since 20072.161.336.875

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
22552F0004/00H027	Flanders	1,088 m²	1 · 127 m²	9.4 m · 2 fl.

Linked by address, not proof of ownership

Good to know

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

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

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,756 companies in sector 68310 we hold annual accounts for 6,904. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded23-03-2007

Fiscal year end31-12

Activities, NACEBEL 2025

68310Real estate agency activities

68110Buying and selling of own real estate

Scores and ratios are computed by Checked and are not a credit decision.