ISAK
The computed 12-month bankruptcy probability of ISAK is 8.7% (elevated). The 2024 annual accounts show negative equity (€-45k) and a net result of €-22k. Its solvency ranks better than 5% of 6661 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-45k |
| Net result | €-22k |
| Better than sector | 5% |
| Active | 3 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -276.1% | 20.3% | |
| Net result | €-22k | €4k | |
| Equity | €-45k | €16k | |
| Gross operating margin | €-8k | €24k | |
| Staff costs | €13k | €33k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-22k |
| Cash flow | - |
| Staff costs | €13k |
| Income taxes | - |
| Dividends | - |
| Total assets | €16k |
| Equity | €-45k |
| Debt | €62k |
| of which ≤ 1y | €62k |
| of which > 1y | - |
| Working capital | €-45k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.27 |
| Quick ratio | 0.14 |
| Working capital ratio | -276.1% |
| Solvency | -276.1% |
| Debt / equity | -1.36 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -132.8% |
| ROE | 48.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €16k |
| Current assets | 29/58 | €16k |
| Stocks & contracts in progress | 3 | €8k |
| Amounts receivable within one year | 40/41 | €668 |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €16k |
| Equity | 10/15 | €-45k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-65k |
| Amounts payable | 17/49 | €62k |
| Amounts payable within one year | 42/48 | €62k |
| Trade debts payable within one year | 44 | €179 |
| Income statement | ||
| Gross operating margin | 9900 | €-8k |
| Operating result | 9901 | €-21k |
| Financial income | 75 | €11 |
| Financial charges | 65 | €290 |
| Result before taxes | 9903 | €-22k |
| Net result for the period | 9904 | €-22k |
| Result to be appropriated | 9905 | €-22k |
| NACE primary | Retail trade(47120) |
| Legal form | Private limited company(610) |
| Incorporation | 19-12-2022 |
| Status | Active |
| Postal code | 1020 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0257/00C002 | Brussels | 74 m² | 1 · 74 m² | 20.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-04-2025 Registered office moved within Bruxelles
- Avenue de Busleyden, 3B/ 1020 Bruxelles / Belgique → Rue de Wand 52, 1020 Bruxelles
Technical details
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"events": [
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"street": "Rue de Wand",
"country": "BE",
"postcode": "1020",
"box_number": null,
"street_number": "52",
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},
"old_address": {
"raw": "Avenue de Busleyden, 3B/ 1020 Bruxelles / Belgique",
"city": "Bruxelles",
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"street": "Avenue de Busleyden",
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"postcode": "1020",
"box_number": null,
"street_number": "3B",
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},
"effective_date": "2025-03-01",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale extraordinaire accepte le transfert du si\u00E8ge social de son emplacement actuel, situ\u00E9 au num\u00E9ro 3B de l\u0027avenue de Busleyden \u00E0 1020 Bruxelles, vers un nouvel emplacement situ\u00E9 au num\u00E9ro 52 de la Rue de Wand \u00E0 1020 Bruxelles et ce \u00E0 partir du 01 mars 2025.",
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}
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"act_meta": {
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"act_kind_objet": "Objet de l\u0027acte:"
},
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"body": "algemene_vergadering",
"date": "2025-03-01",
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},
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"name_full": "ISAK",
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},
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"org_name": null,
"person_name": "Mohamed Akram Saadi",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"Mod PDF 19.01"
]
}24-04-2024 1 director appointed, 1 resigning
- Mohamed Akram Saadi, Bestuurder
- Issam Frederic Saadi, Bestuurder
Technical details
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"events": [
{
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"role": "bestuurder",
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"name": "Issam Frederic Saadi",
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"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2024-04-18",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale extraordinaire accepte la d\u00E9mission de Mr. Issam Frederic Saadi de son mandat d\u0027administrateur \u00E0 dater du 18 avril 2024.",
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},
{
"kind": "director_in",
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"name": "Mohamed Akram Saadi",
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"effective_date": "2024-04-18",
"evidence_quote": "I\u0027Assembl\u00E9e G\u00E9n\u00E9rale extraordinaire accepte la nomination de Mr. Mohamed Akram Saadi au poste d\u0027administrateur \u00E0 dater du 18 avril 2024.",
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}
],
"notary": {
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"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-04-24",
"filing_date": "2024-04-10",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-04-10",
"unanimous": true
},
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-04-10",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0794.961.124",
"name_full": "ISAK",
"legal_form": "SRL"
},
"publication_proxy": {
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}05-09-2023 Registered office moved within Bruxelles
- Avenue de la Liberté, 107 - Bruxelles 1080 - Belgique → Avenue de Busleyden 3B à 1020 Bruxelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Avenue de Busleyden 3B \u00E0 1020 Bruxelles",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue de Busleyden",
"country": "BE",
"postcode": "1020",
"box_number": null,
"street_number": "3B",
"locality_suffix": null
},
"old_address": {
"raw": "Avenue de la Libert\u00E9, 107 - Bruxelles 1080 - Belgique",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue de la Libert\u00E9",
"country": "BE",
"postcode": "1080",
"box_number": null,
"street_number": "107",
"locality_suffix": null
},
"effective_date": "2023-08-25",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale extraordinaire accepte le transfert du si\u00E8ge social de son emplacement actuel, situ\u00E9 \u00E0 l\u0027Avenue de la Libert\u00E9 107 \u00E0 1080 Bruxelles, vers un nouvel emplacement situ\u00E9 \u00E0 l\u0027Avenue de Busleyden 3B \u00E0 1020 Bruxelles et ce \u00E0 partir du 25 ao\u00FBt 2023.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
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}
],
"notary": {
"name": null,
"firm_city": null,
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"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-09-05",
"filing_date": "2023-08-28",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale",
"date": "2018-01-29",
"unanimous": true
},
"subject_company": {
"kbo": "0794.961.124",
"name_full": "ISAK",
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"publication_proxy": {
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"org_kbo": null,
"org_name": null,
"person_name": "Issam Frederic SAADI",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": []
}17-04-2023 Mohamed Akram Saadi resigns as director
- Mohamed Akram Saadi, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Mohamed Akram Saadi",
"address": null,
"birth_date": null,
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"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2022-12-31",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale extraordinaire accepte la d\u00E9mission de Mr. Mohamed Akram Saadi de son mandat d\u0027administrateur \u00E0 dater de 31 decembre 2022.",
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],
"notary": {
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"office_city": "Dender",
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},
"act_meta": {
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"pub_date": "2023-04-17",
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},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-12-30",
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}
],
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"person_name": "Issam Fr\u00E9deric Saadi",
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},
"co_filed_documents": [
"Bijlagen b"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ISAK |