ISALA
ActiveISALA has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €17k and a net result of €2k. Equity is growing by ~47.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 19348 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability53▼-8
Solvency30▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.43 against 0.41 in 2023; short-term debt: 15.5% and cash: 5.7% of total assets), and 95% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · 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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
5%
Return on assets
0.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
29 d late
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€17k▲ 11.2%
2023 · €15k
2021: €2k
2022: €9k
2023: €15k
2021 → 2024
Total assets
€342k▼ 5.4%
2023 · €362k
2021: €380k
2022: €371k
2023: €362k
2021 → 2024
Net result
€2k▼ 73.6%
2023 · €7k
2021: €-38k
2022: €7k
2023: €7k
2021 → 2024
Working capital
€-30k▲ 9.3%
2023 · €-33k
2021: €-44k
2022: €-39k
2023: €-33k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€2k-€9k▲ 352%€15k▲ 73.3%€17k▲ 11.2%
Operating result€-32k-€13k€13k▲ 0.2%€9k▼ 32.8%
Net result€-38k-€7k€7k▼ 5.8%€2k▼ 73.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 33% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €342k
Fixed assets
€319k▼ 5.4%
Current assets
€23k▼ 3.3%
Equity and liabilities €342k
Equity
€17k▲ 11.2%
Debt
€325k▼ 6.2%
The debt ratio falls from 95.7% to 95.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▼
2023 · €33k
Cash flow
€21k▼
2023 · €26k
Solvency
5.0%▲
2023 · 4.3%
Current ratio
0.43▲
2023 · 0.41
Quick ratio
0.43▲
2023 · 0.41
Debt / equity
18.98▼
2023 · 22.49
ROE
10.0%▼
2023 · 42.3%
ROA
0.5%▼
2023 · 1.8%
Interest coverage
3.99▼
2023 · 4.83
Debt
€325k▼
2023 · €346k
Debt ≤ 1 year
€53k▼
2023 · €57k
Debt > 1 year
€269k▼
2023 · €287k
Staff costs
€566
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€362k€342k▼
Formation expenses20€894€378▼
Fixed assets21/28€337k€319k▼
Tangible fixed assets22/27€337k€319k▼
Land and buildings22€332k€316k▼
Plant, machinery and equipment23€682€457▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€24k€23k▼
Amounts receivable within one year40/41€4k€2k▼
Trade receivables40€4k€2k▼
Cash at bank and in hand54/58€19k€19k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€362k€342k▼
Equity10/15€15k€17k▲
Contributions10/11€40k€40k=
Profit (loss) carried forward14€-25k€-23k▲
Amounts payable17/49€346k€325k▼
Amounts payable after more than one year17€287k€269k▼
Financial debts170/4€287k€269k▼
Amounts payable within one year42/48€57k€53k▼
Current portion of amounts payable after more than one year42€18k€18k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Advances received on contracts in progress46€805€805=
Other amounts payable47/48€36k€30k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€566
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€35k€32k▼
Operating profit (loss)9901€13k€9k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€7k€2k▼
Profit (loss) for the period9904€7k€2k▼
Profit (loss) for the period to be appropriated9905€7k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-23k▲
Profit (loss) brought forward from the previous period14P€-31k€-25k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Awans · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Edouard Bovroux 334340 AwansGround area
2,896 m²
Building footprint
460 m²
Volume, LiDAR
1,777 m³
2 parcels, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ISALA
since 20202.307.799.056
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62087A0433/00C000 | Wallonia | 1,601 m² | 1 · 310 m² | 4.2 m · 1 fl. |
| 62006B1561/00C000 | Wallonia | 1,295 m² | 1 · 149 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,014 companies in sector 68203 we hold annual accounts for 5,981. 1,945 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:patrickpoth02@gmail.com
Phone:0493843085