ISCARAB
ActiveSummary
ISCARAB has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78,436 and a net result of €105,689. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 25% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+6
Solvency51▼-49
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.81 against 5.69 in 2024; short-term debt: 51.3% and cash: 12.2% of total assets), and 74.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
25.6%
Return on assets
34.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 17220 sector peers (2025).
NBB · sector comparisonPosition among 17220 sector peers
Solvency
better than 25%
← 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 10-07-2026, 21 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
21 d early
2024
36 d early
2023
33 d early
2022
23 d late
2021
16 d early
2020
12 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
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. Usually files around 10 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€78,436▼ 69.2%
2024 · €254,996
Total assets
€306,717▼ 4.6%
2024 · €321,581
Net result
€105,689▲ 63.3%
2024 · €64,722
Working capital
-€29,859
2024 · €176,480
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€100,634▲ 84.9%€73,084▼ 27.4%€80,537▲ 10.2%€81,962▲ 1.8%€136,215▲ 66.2%
Net result€80,805above the sector's middle half▲ 105%€57,183above the sector's middle half▼ 29.2%€63,399above the sector's middle half▲ 10.9%€64,722above the sector's middle half▲ 2.1%€105,689above the sector's middle half▲ 63.3%
Equity€187,339above the sector's middle half▲ 75.8%€126,875within the sector's middle half▼ 32.3%€190,274above the sector's middle half▲ 50.0%€254,996above the sector's middle half▲ 34.0%€78,436within the sector's middle half▼ 69.2%
Total assets€346,846above the sector's middle half▲ 31.8%€240,429within the sector's middle half▼ 30.7%€277,588above the sector's middle half▲ 15.5%€321,581above the sector's middle half▲ 15.8%€306,717above the sector's middle half▼ 4.6%
Debt€159,508▲ 1.8%€113,554▼ 28.8%€87,314▼ 23.1%€66,585▼ 23.7%€228,281▲ 243%
Working capital€114,382within the sector's middle half▲ 91.5%€52,796within the sector's middle half▼ 53.8%€112,507within the sector's middle half▲ 113%€176,480above the sector's middle half▲ 56.9%-€29,859below the sector's middle half
Solvency54.0%within the sector's middle half▲ 13.5pp52.8%within the sector's middle half▼ 1.2pp68.5%within the sector's middle half▲ 15.8pp79.3%within the sector's middle half▲ 10.7pp25.6%below the sector's middle half▼ 53.7pp
Current ratio2.58within the sector's middle half▲ 0.992.16within the sector's middle half▼ 0.423.90within the sector's middle half▲ 1.745.69above the sector's middle half▲ 1.780.81below the sector's middle half▼ 4.88
Return on assets (ROA)23.3%within the sector's middle half▲ 8.3pp23.8%within the sector's middle half▲ 0.5pp22.8%within the sector's middle half▼ 0.9pp20.1%within the sector's middle half▼ 2.7pp34.5%within the sector's middle half▲ 14.3pp
Staff (FTE)10.9▼ 10.0%1▲ 11.1%1=1=
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 66% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €306,717
Fixed assets
€179,356 ▲ 66.9%
Current assets
€127,361 ▼ 40.5%
Equity and liabilities €306,717
Equity
€78,436 ▼ 69.2%
Debt
€228,281 ▲ 243%
Debt's share of the balance-sheet total rises from 20.7% to 74.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€153,276▲
2024 · €103,996
Cash flow
€122,751▲
2024 · €86,756
Debt to equity
2.91▲
2024 · 0.26
ROE
134.7%▲
2024 · 25.4%
Interest coverage
185.46▲
2024 · 136.99
Debt ≤ 1 year
€157,220▲
2024 · €37,652
Debt > 1 year
€71,061▲
2024 · €28,933
Income taxes
€30,563▲
2024 · €16,480
Staff costs
€5,317▲
2024 · €4,119
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.4%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €13,673 | - |
| Remuneration, social security and pensions62 | €4,367 | €3,975 | €3,921 | €4,119 | €5,317 | ▲ 29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,259 | €21,148 | €21,973 | €22,034 | €17,061 | ▼ 22.6% |
| Other operating charges640/8 | €966 | €450 | €1,505 | €26,819 | €1,056 | ▼ 96.1% |
| Gross operating margin9900 | €126,226 | €98,656 | €107,935 | €134,934 | €159,649 | ▲ 18.3% |
| Operating profit (loss)9901 | €100,634 | €73,084 | €80,537 | €81,962 | €136,215 | ▲ 66.2% |
| Financial income75/76B | €0 | €0 | €3 | €0 | €864 | - |
| Recurring financial income75 | €0 | €0 | €3 | €0 | €864 | - |
| Financial charges65/66B | €805 | €1,228 | €945 | €759 | €826 | ▲ 8.9% |
| Recurring financial charges65 | €805 | €1,228 | €945 | €759 | €826 | ▲ 8.9% |
| Profit (loss) for the period before taxes9903 | €99,830 | €71,856 | €79,595 | €81,203 | €136,253 | ▲ 67.8% |
| Income taxes67/77 | €19,025 | €14,673 | €16,196 | €16,480 | €30,563 | ▲ 85.5% |
| Profit (loss) for the period9904 | €80,805 | €57,183 | €63,399 | €64,722 | €105,689 | ▲ 63.3% |
| Profit (loss) for the period to be appropriated9905 | €80,805 | €57,183 | €63,399 | €64,722 | €105,689 | ▲ 63.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €346,846 | €240,429 | €277,588 | €321,581 | €306,717 | ▼ 4.6% |
| Fixed assets21/28 | €160,259 | €142,110 | €126,343 | €107,450 | €179,356 | ▲ 66.9% |
| Tangible fixed assets22/27 | €160,259 | €142,110 | €126,343 | €107,450 | €179,356 | ▲ 66.9% |
| Land and buildings22 | €100,347 | €94,723 | €89,099 | €85,799 | €79,989 | ▼ 6.8% |
| Furniture and vehicles24 | €59,112 | €46,987 | €34,544 | €18,951 | €96,667 | ▲ 410% |
| Other tangible fixed assets26 | €800 | €400 | €2,700 | €2,700 | €2,700 | = |
| Current assets29/58 | €186,588 | €98,319 | €151,245 | €214,131 | €127,361 | ▼ 40.5% |
| Amounts receivable within one year40/41 | €35,727 | €37,929 | €46,329 | €51,788 | €86,163 | ▲ 66.4% |
| Trade receivables40 | €35,727 | €37,602 | €44,198 | €46,769 | €85,288 | ▲ 82.4% |
| Other amounts receivable41 | - | €327 | €2,131 | €5,020 | €875 | ▼ 82.6% |
| Current investments50/53 | - | - | - | €100,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €150,308 | €58,835 | €103,367 | €58,736 | €37,299 | ▼ 36.5% |
| Deferred charges and accrued income490/1 | €553 | €1,554 | €1,549 | €3,607 | €3,899 | ▲ 8.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €346,846 | €240,429 | €277,588 | €321,581 | €306,717 | ▼ 4.6% |
| Equity10/15 | €187,339 | €126,875 | €190,274 | €254,996 | €78,436 | ▼ 69.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €168,739 | €108,275 | €171,674 | €236,396 | €59,836 | ▼ 74.7% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €166,879 | €106,415 | €171,674 | €236,396 | €59,836 | ▼ 74.7% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | €0 | - |
| Amounts payable17/49 | €159,508 | €113,554 | €87,314 | €66,585 | €228,281 | ▲ 243% |
| Amounts payable after more than one year17 | €87,302 | €68,032 | €48,576 | €28,933 | €71,061 | ▲ 146% |
| Financial debts170/4 | €87,302 | €68,032 | €48,576 | €28,933 | €71,061 | ▲ 146% |
| Amounts payable within one year42/48 | €72,206 | €45,522 | €38,738 | €37,652 | €157,220 | ▲ 318% |
| Current portion of amounts payable after more than one year42 | €19,086 | €19,270 | €19,455 | €19,643 | €19,873 | ▲ 1.2% |
| Trade debts44 | €2,087 | €690 | €10 | €52 | €7,468 | ▲ 14,278% |
| Suppliers440/4 | €2,087 | €690 | €10 | €52 | €7,468 | ▲ 14,278% |
| Taxes, remuneration and social security45 | €24,682 | €17,260 | €8,475 | €3,787 | €13,304 | ▲ 251% |
| Taxes450/3 | €24,682 | €17,260 | €8,475 | €3,787 | €13,304 | ▲ 251% |
| Other amounts payable47/48 | €26,351 | €8,302 | €10,797 | €14,170 | €116,575 | ▲ 723% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €80,805 | €57,183 | €63,399 | €64,722 | €105,689 | ▲ 63.3% |
| + Depreciation and write-downs630 | €20,259 | €21,148 | €21,973 | €22,034 | €17,061 | ▼ 22.6% |
| Operating cash flow (approximation) | €101,064 | €78,331 | €85,372 | €86,756 | €122,751 | ▲ 41.5% |
| Investment in fixed assets (approximation) | - | -€2,999 | -€6,206 | -€3,141 | -€88,967 | ▼ 2,733% |
| Change in cash | - | -€91,472 | €44,532 | -€44,632 | -€21,437 | ▲ 52.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €105,689 ▲63.3%
Operating result €136,215, net result €105,689, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €254,996 ▲34%
7 profitable years in a row build equity to €254,996.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €190,274 ▲50%
6 profitable years in a row build equity to €190,274.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150,000Eq €187,339 ▲75.8%
4 profitable years in a row build equity to €187,339.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100,000Eq €106,534 ▲9.1%
3 profitable years in a row build equity to €106,534.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €37,139 ▼24.2%
Net result drops to €37,139, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 41 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Putte · 1 establishment unit since 2016
Ground area
2,387 m²
Building footprint
141 m²
Volume, LiDAR
974 m³
Parcel 12429A0025/00X000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
iScaraB
since 20162.256.002.046
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12429A0025/00X000 | Flanders | 2,387 m² | 1 · 141 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. 15,589 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
62100Computer programming
85699Other educational support services
Contact
Website
www.iscarab.be
E-mail
steven.eggenstein@iscarab.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0661793980
Registered
06-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.