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ISCO SCAFF

Open bankruptcy
Private limited companyfounded 2021Rue Liébin(H-A) 78, 7110 La Louvière, BelgiumKBO/BCE: BE 0767.569.116

A bankruptcy procedure is open for ISCO SCAFF according to publications in the Belgian State Gazette; curator: DAVID DEMOL.

Summary

The 2022 annual accounts show negative equity (€-23k) and a net result of €-81k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2022, micro schema

Equity
€-23k
2021 · €58k
2021: €58k
2021 → 2022
Total assets
€154k▲ 29.1%
2021 · €119k
2021: €119k
2021 → 2022
Net result
€-81k
2021 · €50k
2021: €50k
2021 → 2022
Working capital
€-37k
2021 · €40k
2021: €40k
2021 → 2022
Multi-year overview
Available amounts per fiscal year
Line20212022Trend
Equity€58k-€-23k
Operating result€63k-€-77k
Net result€50k-€-81k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €63k€63kNet result 2021: €50k€50kOperating result 2022: €-77k€-77kNet result 2022: €-81k€-81k20212022€-100k€-50k€0€50kOperating result 2021: €63k€63kNet result 2021: €50k€50kOperating result 2022: €-77k€-77kNet result 2022: €-81k€-81k20212022
The operating result turns negative in 2022: a loss of €77k after €63k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €154k
Fixed assets €15k ▼ 19.0%
Current assets €139k ▲ 37.6%
Key figures and ratios
2022 value · change against 2021
EBITDA
€-70k
2021 · €65k
Cash flow
€-74k
2021 · €52k
Solvency
-14.9%
2021 · 48.5%
Current ratio
0.79
2021 · 1.65
Debt to equity
-7.72
2021 · 1.06
ROA
-52.5%
2021 · 42.1%
Interest coverage
-13.42
2021 · 289.80
Debt
€176k
2021 · €61k
Debt ≤ 1 year
€176k
2021 · €61k
Staff costs
€325k
2021 · €77k
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 · 2022 against 2021 · 41 lines
Balance sheet Code20212022
Assets
Total assets20/58€119k€154k
Fixed assets21/28€18k€15k
Tangible fixed assets22/27€18k€13k
Furniture and vehicles24€18k€13k
Financial fixed assets28-€2k
Current assets29/58€101k€139k
Amounts receivable within one year40/41€59k€139k
Trade receivables40€55k€110k
Other amounts receivable41€3k€29k
Cash at bank and in hand54/58€42k€35
Deferred charges and accrued income490/1€396€58
Equity and liabilities
Total equity and liabilities10/49€119k€154k
Equity10/15€58k€-23k
Contributions10/11€8k€8k=
Reserves13€50k€50k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€143€-80k
Amounts payable17/49€61k€176k
Amounts payable within one year42/48€61k€176k
Trade debts44€6k€5k
Suppliers440/4€6k€5k
Taxes, remuneration and social security45€55k€171k
Taxes450/3€40k€86k
Remuneration and social security454/9€15k€85k
Income statement Code20212022
Remuneration, social security and pensions62€77k€325k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k
Other operating charges640/8€2k€14k
Gross operating margin9900€144k€270k
Operating profit (loss)9901€63k€-77k
Financial income75/76B€139€1k
Recurring financial income75€139€1k
Financial charges65/66B€224€5k
Recurring financial charges65€224€5k
Profit (loss) for the period before taxes9903€63k€-81k
Income taxes67/77€13k-
Profit (loss) for the period9904€50k€-81k
Profit (loss) for the period to be appropriated9905€50k€-81k
Appropriation of the result
Profit (loss) to be appropriated9906€50k€-80k
Profit (loss) brought forward from the previous period14P-€143
Transfer to equity691/2€50k-
To other reserves6921€50k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2024
03-07
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · ISCO SCAFF SRL RUE LIEBIN 78/B, 7110 HOUDENG-AIMERIES · event 24-06-2024
06-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 311 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
SignalNBB filing

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, La Louvière · 1 establishment unit since 2021
establishment The establishment unit on the map
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 Liébin(H-A) 787110 La Louvière
Ground area
627 m²
Building footprint
116 m²
Volume, LiDAR
528 m³
2 parcels, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ISCO SCAFF
Rue de Nivelles 118, 7170 ManageSpecialised construction activities
since 20212.319.777.071
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52004A0219/00D000 Wallonia 353 m² 1 · 64 m² -
55019B0847/00A002 Wallonia 275 m² 1 · 52 m² 12.4 m · 3 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator DAVID DEMOL
GRAND PLACE 11, 7090 BRAINE-LE- COMTE- . Date provisoire de cessation de paiement : 24/06/2024
24-06-2024present

Similar companies · same sector, comparable size

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,174 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
Founded27-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:info@iscoservice.be
Enterprise
Phone:0486/63.25.14
Enterprise