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ISARC

Active Private limited companyfounded 2011active for 15 yearsVan Overbekelaan 99, 1083 GanshorenKBO/BCE: BE 0834.316.893 #8 company by total assets in Ganshoren, Telecoms and IT sector

Lifetime

15 annual accounts with figures on one time axis
peak €109,779 (2023)
€89,616▼ 4.6%
lowest -€37,584 (2016)
€6,399▼ 74.4%
peak €240,404 (2024)
€231,473▼ 3.7%
€96,645▼ 13.3%
Board2 names since 2011
2 directors and 1 other
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Result from €24,989 to €6,399Dividend €15,330

Key points

from the 2025 annual accounts

Equity

€231,473 ▼ 3.7%
240,4042024+6,399Profit-15,330Dividend231,4732025

ISARC paid out €15,330 in dividends. That is 240% of the 2025 profit.

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Nine of the last ten came late. The 2020 accounts came latest: 85 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,915 companies had the same profile as ISARC has now. Each dot stands for 28 companies, two years later.

95.0%
were still trading
4.1%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 10,915 companies, not a prediction for ISARC. 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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Signals

Board and ownership

Director, since 03-03-2011
Director, since 01-03-2016

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0834316893
Company renamed from ISARC SERVICES to ISARC Appointment: (director) · Gazette deed
Incorporation published on 17-03-2011 · Gazette deed
First establishment Van Overbekelaan 99, Ganshoren
All 27 events

Comparable companies

same main activity, similar in size and age
Company
ISARC Ganshoren €328,118 €89,616 70.5% -
INZAT Brussels €335,520 €98,822 82.1% -
C-TINA Auderghem €307,812 €82,495 16.4% -
Embedded Computing Specialists Etterbeek €291,816 €89,734 70.9% -
MANJUSRI Leuven €356,245 €95,798 93.7% -
DJINN TECHNOLOGY CONTRACTING Aalst €358,015 €97,658 28.5% -
DJIT Antwerp €332,583 €78,063 13.9% -

These companies have the same main activity as ISARC: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €292,000 and €358,000, founded between 2010 and 2013.

Official details

Source: KBO
Status
Active since 07-03-2011Normal situation
Activity
Other information technology and computer servicesNACE 62900and 2 others
Establishment unit
2.197.232.8151083 Ganshoren, since 03-03-2011
Financial year end
31 December
Peppol
Reachable since 18-01-2025
Company details

Annual accounts 2025

€328,118▼ 6.8%
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on ISARC

ISARC files the micro format. That format states no turnover. The gross margin rose from €56,499 in 2011 to €89,616 in 2025.

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 ISARC

What is the company number of ISARC?
The company number of ISARC is 0834.316.893. The VAT number is the same number with BE in front: BE 0834.316.893.
Where is ISARC based?
The registered office is at Van Overbekelaan 99, 1083 Ganshoren.Company details
What does ISARC do?
According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
What is the legal form of ISARC?
ISARC is a private limited company (BV).
When was ISARC founded?
ISARC was founded on 07-03-2011.
Is ISARC still active?
Yes, ISARC is an active enterprise in the KBO register.
What is the turnover of ISARC?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €89,616 and 112 comparable companies (NACE 62). It probably lies between €160,000 and €230,000.Financials
Is ISARC profitable?
In financial year 2025, ISARC made a profit of €6,399.
Where can I find the annual accounts of ISARC?
ISARC filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ISARC due?
ISARC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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