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ISAFLOR

Active Private limited companyfounded 1994active for 32 yearsNieuwlandstraat 12, 9810 Nazareth-De PinteKBO/BCE: BE 0452.265.369 #5 oldest company in Nazareth-De Pinte, Agriculture, forestry and fishing sector

Lifetime

19 annual accounts with figures on one time axis, 30 filings since 1995
peak €129,508 (2024)
€129,508▲ 32.5%
lowest -€40,095 (2022)
-€14,373▲ €22,834
peak €93,510 (2006)
-€5,301▼ €14,373
€863,781▲ 2.7%
peak 2.6 FTE (2006)
-not published
Board3 names since 2017
2 directors and 1 other
Documentsfilings and deeds
05-02-2026189 days late
2024micro format
Gross margin from €97,766 to €129,508Loss of €14,373Equity from €9,072 to -€5,301Cash from €13,876 to €24,253

Key points

from the 2024 annual accounts

Equity

-€5,301
201920202021202220232024

Debts exceed assets in financial year 2024.

Losses

-€91,675 in three years
-40,0952022-37,2072023-14,3732024

Every financial year from 2022 to 2024 closed with a loss. 2022 was the heaviest.

Debts

€863,781 101% of the balance sheet
Financial debts 42%Suppliers 2%Taxes and wages 0%Other 55%

Of this, €441,425 falls due within a year.

Staff

2 employees on 31-12-2024
53532020272720216564202316152024

In 2024, 16 people joined and 15 left.

Filings

30 annual accounts 104 days past the deadline
AprilJune31 JulyOctober200020102020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

-€5,301

Less equity than 83% of companies in crop and animal production. Sector median €83,500 · 3,908 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,792 companies had the same profile as ISAFLOR has now. Each dot stands for 7 companies, two years later.

90.4%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,792 companies, not a prediction for ISAFLOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0452265369
Resignation: (manager) Reappointment: (director) · Director discharge: · General meeting of 04-12-2023 · Gazette deed
Resignation: (manager) General meeting of 31-12-2019 · Gazette deed
Appointment: (manager) General meeting of 01-07-2017 · Gazette deed
All 41 events

Comparable companies

same main activity, similar in size and age
Company
ISAFLOR Nazareth-De Pinte €858,480 €129,508 -0.6% -
HANDELSKWEKERIJ VERBERCKT Meise €763,100 €145,021 -114.0% 3.3
DE CROOCK Lochristi €807,401 €128,673 68.6% -
GREENHOUSES DE MAERSCHALCK Buggenhout €698,040 €101,668 74.4% -
DE ROOSE ET EN HENDRIK Lievegem €671,474 €145,885 53.7% -
CACTUSKWEKERIJ ARIANE Lochristi €878,003 €132,534 97.7% 1.1
PLANTCARE Pittem €785,864 €154,510 71.3% -

These companies have the same main activity as ISAFLOR: growing of flowers (NACE 01191). They are comparable in size and age: total assets between €671,000 and €878,000, founded between 1989 and 1999.

Official details

Source: KBO
Status
Active since 15-03-1994Normal situation
Activity
Growing of flowersNACE 01191
Establishment unit
2.066.340.9169810 Nazareth-De Pinte, since 08-04-1994
Financial year end
31 December
Peppol
Reachable since 18-11-2025
Company details

Annual accounts 2024

≈ €350,000estimated
€858,480▲ 1.0%
Employeeson 31-12-2024
2=
Filing
Filed on 05-02-2026
Financials

Insights on ISAFLOR

ISAFLOR files the micro format. That format states no turnover. The gross margin rose from €99,898 in 2006 to €129,508 in 2024.

The balance sheet grew most from 2020 to 2022 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ISAFLOR

What is the company number of ISAFLOR?
The company number of ISAFLOR is 0452.265.369. The VAT number is the same number with BE in front: BE 0452.265.369.
Where is ISAFLOR based?
The registered office is at Nieuwlandstraat 12, 9810 Nazareth-De Pinte.Company details
What does ISAFLOR do?
According to the KBO register, the main activity is growing of flowers (NACE 01191).
What is the legal form of ISAFLOR?
ISAFLOR is a private limited company (BV).
When was ISAFLOR founded?
ISAFLOR was founded on 15-03-1994.
Is ISAFLOR still active?
Yes, ISAFLOR is an active enterprise in the KBO register.
How many employees does ISAFLOR have?
ISAFLOR had an average of 1.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of ISAFLOR?
The turnover in financial year 2024 is ≈ €350,000. This figure is estimated from the gross margin of €129,508 and 44 comparable companies (NACE 01). It probably lies between €230,000 and €530,000.
Is ISAFLOR profitable?
In financial year 2024, ISAFLOR made a loss of €14,373.
Where can I find the annual accounts of ISAFLOR?
ISAFLOR filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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