ISCAR BENELUX
ActiveISCAR BENELUX has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.00M and a net result of €514k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+5
Solvency100=
Growth61▲+16
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €450k at 30 days acceptable
Liquidity ample (current ratio 6.39 against 3.91 in 2024; short-term debt: 12.8% and cash: 43% of total assets), and 12.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.2%
Return on assets
9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
66 d early
2023
49 d early
2022
60 d early
2021
61 d early
2020
46 d early
2019
50 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€8.62M▼ 4.3%
2024 · €9.01M
2018: €9.65M
2019: €9.80M
2020: €8.16M
2021: €8.96M
2022: €9.13M
2023: €9.31M
2024: €9.01M
2018 → 2025
EBIT margin
8.7%▲ 2.3pp
2024 · 6.4%
2018: 8.0%
2019: 8.5%
2020: 7.8%
2021: 8.8%
2022: 8.4%
2023: 6.9%
2024: 6.4%
2018 → 2025
Net result
€514k▲ 25.7%
2024 · €409k
2018: €508k
2019: €546k
2020: €450k
2021: €557k
2022: €544k
2023: €435k
2024: €409k
2018 → 2025
Working capital
€3.96M▲ 15.8%
2024 · €3.42M
2018: €2.32M
2019: €2.94M
2020: €3.46M
2021: €2.07M
2022: €2.62M
2023: €3.04M
2024: €3.42M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€8.96M-€9.13M▲ 1.9%€9.31M▲ 1.9%€9.01M▼ 3.2%€8.62M▼ 4.3%
Equity€3.10M-€3.64M▲ 17.6%€4.08M▲ 11.9%€4.49M▲ 10.0%€5.00M▲ 11.5%
Operating result€784k-€763k▼ 2.8%€645k▼ 15.4%€575k▼ 10.9%€751k▲ 30.7%
Net result€557k-€544k▼ 2.3%€435k▼ 20.0%€409k▼ 6.0%€514k▲ 25.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.74M
Fixed assets
€1.05M▼ 2.2%
Current assets
€4.69M▲ 2.2%
Equity and liabilities €5.74M
Equity
€5.00M▲ 11.5%
Debt
€737k▼ 37.2%
The debt ratio falls from 20.7% to 12.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€781k▲
2024 · €602k
Cash flow
€544k▲
2024 · €436k
Solvency
87.2%▲
2024 · 79.3%
Current ratio
6.39▲
2024 · 3.91
Quick ratio
5.52▲
2024 · 3.37
Debt / equity
0.15▼
2024 · 0.26
ROE
10.3%▲
2024 · 9.1%
ROA
9.0%▲
2024 · 7.2%
Interest coverage
41.18▲
2024 · 36.02
Debt
€737k▼
2024 · €1.17M
Debt ≤ 1 year
€735k▼
2024 · €1.17M
Income taxes
€208k▲
2024 · €139k
Staff costs
€998k▼
2024 · €1.24M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.66M€5.74M▲
Fixed assets21/28€1.07M€1.05M▼
Tangible fixed assets22/27€1.07M€1.05M▼
Land and buildings22€970k€965k▼
Plant, machinery and equipment23€72k€56k▼
Furniture and vehicles24€28k€24k▼
Financial fixed assets28€2k€3k▲
Other financial fixed assets284/8€2k€3k▲
Amounts receivable and cash guarantees285/8€2k€3k▲
Current assets29/58€4.59M€4.69M▲
Stocks and contracts in progress3€636k€635k▼
Stocks30/36€636k€635k▼
Raw materials and consumables30/31€281€342▲
Goods purchased for resale34€635k€634k▼
Amounts receivable within one year40/41€1.54M€1.59M▲
Trade receivables40€1.52M€1.57M▲
Other amounts receivable41€26k€20k▼
Cash at bank and in hand54/58€2.41M€2.47M▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€5.66M€5.74M▲
Equity10/15€4.49M€5.00M▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€33k€33k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€27k€27k=
Profit (loss) carried forward14€4.39M€4.91M▲
Amounts payable17/49€1.17M€737k▼
Amounts payable within one year42/48€1.17M€735k▼
Trade debts44€881k€497k▼
Suppliers440/4€881k€497k▼
Taxes, remuneration and social security45€293k€238k▼
Taxes450/3€155k€124k▼
Remuneration and social security454/9€138k€114k▼
Accrued charges and deferred income492/3€207€3k▲
Income statement
Code20242025
Operating income70/76A€9.05M€8.66M▼
Turnover70€9.01M€8.62M▼
Other operating income74€41k€38k▼
Non-recurring operating income76A€2k-
Operating charges60/66A€8.48M€7.90M▼
Goods for resale, raw materials and consumables60€6.63M€6.27M▼
Purchases600/8€6.61M€6.28M▼
Change in stocks: decrease (increase)609€13k€-15k▼
Services and other goods61€553k€540k▼
Remuneration, social security and pensions62€1.24M€998k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€30k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-29k€9k▲
Other operating charges640/8€56k€61k▲
Non-recurring operating charges66A-€282
Operating profit (loss)9901€575k€751k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Other financial income752/9€4k€4k▼
Financial charges65/66B€31k€33k▲
Recurring financial charges65€31k€33k▲
Debt charges650€17k€19k▲
Other financial charges652/9€15k€14k▼
Profit (loss) for the period before taxes9903€548k€722k▲
Income taxes67/77€139k€208k▲
Taxes670/3€164k€215k▲
Tax adjustments and reversals of tax provisions77€26k€8k▼
Profit (loss) for the period9904€409k€514k▲
Profit (loss) for the period to be appropriated9905€409k€514k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.39M€4.91M▲
Profit (loss) brought forward from the previous period14P€3.98M€4.39M▲
Social balance
Average headcount (FTE)908710.59.9▼
The notes to these accounts (44 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €5MEq €5.00M ▲11.5%
8 profitable years in a row build equity to €5.00M.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €409k ▼6%
Net result drops to €409k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 6.94
Current ratio from 3.33 to 6.94; short-term debt falls from €889k to €441k.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €557k ▲23.7%
Net result €557k, the highest in the series.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity triplescurrent ratio 14.92
Current ratio from 4.58 to 14.92; short-term debt falls from €821k to €249k.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Dilbeek · 1 establishment unit since 1988
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.
Roekhout 131702 DilbeekGround area
2,667 m²
Building footprint
504 m²
Volume, LiDAR
4,063 m³
Parcel 23026A0035/00R000, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ISCAR BENELUX
since 19882.037.974.156
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0035/00R000 | Flanders | 2,667 m² | 1 · 503 m² | 9.2 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.
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OASE
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SIGNCO
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Of 2,509 companies in sector 46649 we hold annual accounts for 1,761. 909 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-04-1988
Fiscal year end31-12
Activities, NACEBEL
46620Wholesale of machine tools
46649Wholesale of other machinery and equipment
51872
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.