ISALAIN
ActiveSummary
ISALAIN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-6k) and a net result of €9k. Equity is shrinking by ~34.7% per year across the filed fiscal years. Its solvency ranks better than 9% of 800 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▲+64
Solvency8▲+8
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.85 against 0.45 in 2024; short-term debt: 54.5% and cash: 0.7% of total assets), and equity is negative.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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 2025Solvency, return and age of the figures
Solvency
-17.4%
Return on assets
25.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 800 sector peers (2025).
NBB · sector comparisonPosition among 800 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
8 d early
2023
20 d early
2022
11 d early
2021
30 d late
2020
13 d late
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€318k
EBIT margin
-8.9%
Net result
€9k
2024 · €-27k
2018: €-43k
2019: €-22k
2020: €-3k
2021: €4k
2022: €-11k
2023: €-8k
2024: €-27k
2018 → 2025
Working capital
€-3k▲ 90.3%
2024 · €-28k
2018: €-24k
2019: €-50k
2020: €-57k
2021: €-43k
2022: €-42k
2023: €-27k
2024: €-28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€318k
Equity€30k-€19k▼ 35.3%€13k▼ 34.0%€-14k€-6k▲ 59.7%
Operating result€-8k-€-28k▼ 252%€-35k▼ 22.8%€-42k▼ 20.9%€-13k▲ 68.8%
Net result€4k-€-11k€-8k▲ 27.8%€-27k▼ 255%€9k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €42k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€18k ▼ 48.2%
Current assets
€15k ▼ 32.5%
Key figures and ratios
EBITDA
€4k▲
2024 · €-15k
Cash flow
€25k▲
2024 · €-852
Solvency
-17.4%▲
2024 · -25.0%
Current ratio
0.85▲
2024 · 0.45
Quick ratio
0.23▲
2024 · 0.21
Debt to equity
-6.76▼
2024 · -5.00
ROA
25.7%▲
2024 · -47.4%
Interest coverage
1.65▲
2024 · -6.89
Debt
€39k▼
2024 · €72k
Debt ≤ 1 year
€18k▼
2024 · €51k
Debt > 1 year
€21k=
2024 · €21k
Income taxes
€-24k▼
2024 · €-17k
Staff costs
€92k▼
2024 · €121k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€57k€33k▼
Fixed assets21/28€35k€18k▼
Tangible fixed assets22/27€35k€18k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€22k€15k▼
Furniture and vehicles24€2k€981▼
Other tangible fixed assets26€9k-
Current assets29/58€23k€15k▼
Stocks and contracts in progress3€12k€11k▼
Stocks30/36€12k€11k▼
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€5k-
Other amounts receivable41-€4k
Cash at bank and in hand54/58€6k€221▼
Equity and liabilities
Total equity and liabilities10/49€57k€33k▼
Equity10/15€-14k€-6k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€245€245=
Profit (loss) carried forward14€-35k€-26k▲
Amounts payable17/49€72k€39k▼
Amounts payable after more than one year17€21k€21k=
Financial debts170/4€21k€21k=
Amounts payable within one year42/48€51k€18k▼
Current portion of amounts payable after more than one year42€10k€6k▼
Trade debts44€21k€11k▼
Suppliers440/4€21k€11k▼
Taxes, remuneration and social security45€20k€1k▼
Taxes450/3€3k€1k▼
Remuneration and social security454/9€17k-
Income statement
Code20242025
Remuneration, social security and pensions62€121k€92k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€17k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€110k€98k▼
Operating profit (loss)9901€-42k€-13k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-44k€-15k▲
Income taxes67/77€-17k€-24k▼
Profit (loss) for the period9904€-27k€9k▲
Profit (loss) for the period to be appropriated9905€-27k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-26k▲
Profit (loss) brought forward from the previous period14P€-8k€-35k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, La Louvière · 1 establishment unit since 2010
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 des Trieux(H-G) 547110 La LouvièreGround area
313 m²
Building footprint
66 m²
Volume, LiDAR
597 m³
Parcel 55020C0341/00D014, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Trieux(H-G) 54, 7110 La Louvière
since 20102.189.643.158
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55020C0341/00D014 | Wallonia | 313 m² | 1 · 66 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
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SADRI
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BREYNE LISA
BE 0793.739.716
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BAKKER VAN HOUT
BE 0834.433.788
Hamont-Achel · Eq €12,680
Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 1,046 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
47559Retail sale of other household articles
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.