ISALA
ISALA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €-26k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 2197 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €1.06M |
| Net result | €-26k |
| Staff (FTE) | 1 |
| Better than sector | 44% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 34.4% | 41.3% | |
| Net result | €-26k | €22k | |
| Equity | €1.06M | €215k | |
| Gross operating margin | €316k | €85k | |
| Staff costs | €38k | €143k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €254k | €281k | €283k | €450k |
| Net profit | €-26k | €16k | €39k | €192k |
| Cash flow | €197k | €191k | €223k | €382k |
| Staff costs | €38k | €31k | €36k | €31k |
| Income taxes | €1k | €11k | €18k | €13k |
| Dividends | - | - | - | - |
| Total assets | €3.08M | €2.63M | €2.58M | €2.52M |
| Equity | €1.06M | €941k | €925k | €694k |
| Debt | €1.98M | €1.64M | €1.61M | €1.78M |
| of which ≤ 1y | €423k | €430k | €424k | €941k |
| of which > 1y | €1.52M | €1.20M | €1.18M | €833k |
| Working capital | €-251k | €-271k | €-257k | €-556k |
| Employees (FTE) | 1.0 | 1.0 | 0.9 | 0.9 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.41 | 0.37 | 0.39 | 0.41 |
| Quick ratio | 0.40 | 0.36 | 0.39 | 0.41 |
| Working capital ratio | -8.1% | -10.3% | -10.0% | -22.1% |
| Solvency | 34.4% | 35.8% | 35.9% | 27.5% |
| Debt / equity | 1.87 | 1.75 | 1.74 | 2.56 |
| Long-term debt ratio | 1.43 | 1.27 | 1.28 | 1.20 |
| Interest coverage | 4.29 | 3.40 | 6.32 | 21.77 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -0.9% | 0.6% | 1.5% | 7.6% |
| ROE | -2.5% | 1.7% | 4.2% | 27.7% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €3.08M | €2.63M | €2.58M | €2.52M |
| Fixed assets | 21/28 | €2.91M | €2.47M | €2.41M | €2.13M |
| Tangible fixed assets | 22/27 | €2.73M | €2.43M | €2.37M | €2.09M |
| Financial fixed assets | 28 | €183k | €38k | €44k | €44k |
| Current assets | 29/58 | €172k | €160k | €167k | €385k |
| Stocks & contracts in progress | 3 | €3k | €3k | €3k | €3k |
| Amounts receivable within one year | 40/41 | €36k | €50k | €62k | €105k |
| Cash & bank | 54/58 | €124k | €99k | €95k | €268k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.08M | €2.63M | €2.58M | €2.52M |
| Equity | 10/15 | €1.06M | €941k | €925k | €694k |
| Contributions / capital | 10/11 | €686k | €541k | €541k | €348k |
| Reserves | 13 | €374k | €401k | €384k | €346k |
| Provisions & deferred taxes | 16 | €39k | €42k | €45k | €48k |
| Amounts payable | 17/49 | €1.98M | €1.64M | €1.61M | €1.78M |
| Amounts payable after one year | 17 | €1.52M | €1.20M | €1.18M | €833k |
| Amounts payable within one year | 42/48 | €423k | €430k | €424k | €941k |
| Trade debts payable within one year | 44 | €20k | €28k | €20k | €84k |
| Income statement | |||||
| Gross operating margin | 9900 | €316k | €336k | €340k | €499k |
| Operating result | 9901 | €31k | €107k | €98k | €261k |
| Financial income | 75 | €151 | €259 | €0 | €11 |
| Financial charges | 65 | €59k | €83k | €45k | €21k |
| Result before taxes | 9903 | €-28k | €24k | €53k | €240k |
| Income taxes | 67/77 | €1k | €11k | €18k | €13k |
| Net result for the period | 9904 | €-26k | €16k | €39k | €192k |
| Result to be appropriated | 9905 | €-17k | €26k | €48k | €90k |
-
Vanneste AlainDirectorState Gazette act 22372513 (14-11-2022)Current14-11-2022 → present
2 events
- 14-11-2022 Appointed· Director
- 14-11-2022 Resigned· Gewone bestuurder
-
Vanneste LaurenceDirectorState Gazette act 22372513 (14-11-2022)Current14-11-2022 → present
2 events
- 14-11-2022 Appointed· Director
- 14-11-2022 Resigned· Gewone bestuurder
Former directors (1)
-
Boone IsabelleManaging directorState Gazette act 22372513 (14-11-2022)Former- → 14-11-2022
| NACE primary | Office administrative and support services(82100) |
| Legal form | Public limited company(014) |
| Incorporation | 13-04-1993 |
| Status | Active |
| Postal code | 8710 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37014B0059/00K000 | Flanders | 2,025 m² | 1 · 267 m² | 8.9 m · 2 fl. |
| 37014B0062/00D000 | Flanders | 1,370 m² | 1 · 44 m² | 0.3 m |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-06-2025 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "H\u00E9l\u00E8ne DUSSELIER",
"firm_city": null,
"firm_name": "NOTARIS H\u00C9L\u00C8NE DUSSELIER BV",
"office_city": "Tielt",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2025-06-30",
"filing_date": "2025-06-26",
"act_kind_objet": "KAPITAAL, AANDELEN, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2025-08-25",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment"
],
"scope": "full_restatement",
"trigger": "wvv_adaptation",
"language_after": "nl",
"language_before": "nl"
},
"bedrijfsrevisor": {
"firm_kbo": "0461.238.562",
"firm_name": "A\u0026C - BEDRIJFSREVISOR",
"ibr_number": null,
"individual_name": "BERT DE CLERCQ"
},
"subject_company": {
"kbo": "0449.855.316",
"name_full_after": "ISALA",
"legal_form_after": "Naamloze vennootschap",
"name_full_before": "ISALA",
"current_zetel_raw": "Heirweg 144A 8710 Wielsbeke",
"legal_form_before": "Naamloze vennootschap"
},
"special_mandates": [],
"articles_modified": [
{
"summary": "Het kapitaal wordt vastgesteld op \u20AC 685.604,17, vertegenwoordigd door 1.457 aandelen met stemrecht, genummerd van 1 tot 1457, met een fractiewaarde van 1/1457ste van het kapitaal.",
"new_text": "\u201CHet kapitaal bedraagt ZESHONDERDVIJENTACHTIGDUIZEND ZESHONDERDENVIER EURO ZEVENTIEN CENT (\u20AC 685.604,17). Het wordt vertegenwoordigd door duizend vierhonderdzevenenvijftig (1.457) aandelen met stemrecht, zonder aanduiding van de nominale waarde, genummerd van 1 tot en met 1457, met een fractiewaarde van \u00E9\u00E9n duizendvierhonderdzevenenvijftigste (1/1457ste) van het kapitaal, waarop werd gestort ten b",
"change_kind": "replaced",
"article_title": null,
"article_number": "5"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "H\u00E9l\u00E8ne Dusselier",
"org_rep_person_name": null
},
"co_filed_documents": [
"de geco\u00F6rdineerde tekst van de statuten",
"verslag van het bestuursorgaan",
"verslag van de bedrijfsrevisor"
],
"shareholder_rights": {
"quorum_rules_changed": false,
"liquidation_preference_text": null,
"voorkeurrecht_rules_changed": true,
"aandelenoverdracht_restrictions_changed": false
},
"voorwerp_change_summary": null,
"capital_structure_change": {
"operations": [
"capital_increase_cash",
"share_class_creation"
],
"split_ratio": null,
"shares_after": 1457,
"shares_before": null,
"capital_after_eur": 685604.17,
"capital_before_eur": 540604.17,
"share_classes_after": [
{
"count": 1457,
"label": "aandelen",
"rights_summary": "met stemrecht, zonder aanduiding van de nominale waarde, genummerd van 1 tot en met 1457, met een fractiewaarde van \u00E9\u00E9n duizendvierhonderdzevenenvijftigste (1/1457ste) van het kapitaal",
"voting_per_share": 1.0
}
]
},
"coordinated_text_lineage": null
}14-11-2022 Capital increase of €192,500 to €540,604.17
- €348.104,17 → €540.604,17
- Inbreng in natura · Apport en nature
Technical details
{
"events": [
{
"kind": "capital_increase",
"after_eur": 540604.17,
"delta_eur": 192500.0,
"before_eur": 348104.17,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Vanneste Alain",
"share_class": null,
"liberation_pct": 100.0,
"contribution_kind": "natura",
"n_shares_subscribed": 98,
"contribution_amount_eur": 192500.0
}
],
"share_emission": {
"agio_eur": null,
"share_form": "no_nominal_value",
"share_class": null,
"n_new_shares": 98,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": "natura",
"paid_up_delta_eur": 192500.0,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Anthony Ampe",
"firm_city": null,
"firm_name": "Ampe Anthony notarisvennootschap",
"office_city": "Kruibeke",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2022-11-14",
"filing_date": "2022-11-09",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2022-10-24",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": {
"waived": false,
"firm_kbo": null,
"firm_name": "AUDITAS BEDRIJFSREVISOREN BV",
"ibr_number": null,
"mission_type": "apport_nature",
"individual_name": "Sven Vansteelant"
},
"subject_company": {
"kbo": "0449.855.316",
"name_full": "ISALA",
"legal_form": "Naamloze vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition",
"co\u00F6rdinatie"
],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Vanneste Alain",
"role": "aandeelhouder",
"n_shares": 98,
"share_class": null
}
],
"share_classes_after": []
}| Legal nameNL | ISALA |