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ISEE CONSTRUCTION

Active
Private limited companyfounded 20242 yrs activeJozef Van Den Berghestraat 5, 1850 Grimbergen, BelgiumKBO/BCE: BE 1011.474.428
Summary

The computed 12-month bankruptcy probability of ISEE CONSTRUCTION is 2.5% (moderate). The 2024 annual accounts show equity of €33,159 and a net result of €30,159. Its solvency ranks better than 88% of 9982 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 4.28; short-term debt: 20.4% and cash: 7.7% of total assets), and 20.4% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
68 d late
← before the deadline after the deadline →
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

History

On 11 July 2024, ISEE CONSTRUCTION was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€33,159
Total assets
€41,636
Net result
€30,159
Working capital
€27,826

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €41,636
Fixed assets €5,333
Current assets €36,303
Equity and liabilities €41,636
Equity €33,159
Debt €8,477
Debt finances 20.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€32,838
Cash flow
€32,826
Current ratio
4.28
Debt to equity
0.26
ROE
91.0%
ROA
72.4%
Interest coverage
2736.50
Debt ≤ 1 year
€8,477
Staff costs
€8,966
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 31 lines
Balance sheet Code2024
Assets
Total assets20/58€41,636
Fixed assets21/28€5,333
Tangible fixed assets22/27€5,333
Furniture and vehicles24€5,333
Current assets29/58€36,303
Amounts receivable within one year40/41€33,082
Trade receivables40€15,670
Other amounts receivable41€17,412
Cash at bank and in hand54/58€3,221
Equity and liabilities
Total equity and liabilities10/49€41,636
Equity10/15€33,159
Contributions10/11€3,000
Profit (loss) carried forward14€30,159
Amounts payable17/49€8,477
Amounts payable within one year42/48€8,477
Trade debts44€6,827
Suppliers440/4€6,827
Taxes, remuneration and social security45€1,650
Remuneration and social security454/9€1,650
Income statement Code2024
Remuneration, social security and pensions62€8,966
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,667
Other operating charges640/8€186
Non-recurring operating charges66A€174
Gross operating margin9900€42,164
Operating profit (loss)9901€30,171
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903€30,159
Profit (loss) for the period9904€30,159
Profit (loss) for the period to be appropriated9905€30,159
Appropriation of the result
Profit (loss) to be appropriated9906€30,159

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€8,966
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,667
Other operating charges640/8€186
Non-recurring operating charges66A€174
Gross operating margin9900€42,164
Operating profit (loss)9901€30,171
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903€30,159
Profit (loss) for the period9904€30,159
Profit (loss) for the period to be appropriated9905€30,159
Line2024
Assets
Total assets20/58€41,636
Fixed assets21/28€5,333
Tangible fixed assets22/27€5,333
Furniture and vehicles24€5,333
Current assets29/58€36,303
Amounts receivable within one year40/41€33,082
Trade receivables40€15,670
Other amounts receivable41€17,412
Cash at bank and in hand54/58€3,221
Equity and liabilities
Total equity and liabilities10/49€41,636
Equity10/15€33,159
Contributions10/11€3,000
Profit (loss) carried forward14€30,159
Amounts payable17/49€8,477
Amounts payable within one year42/48€8,477
Trade debts44€6,827
Suppliers440/4€6,827
Taxes, remuneration and social security45€1,650
Remuneration and social security454/9€1,650
Line2024
Profit (loss) for the period9904€30,159
+ Depreciation and write-downs630€2,667
Operating cash flow (approximation)€32,826

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Grimbergen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
151 m²
Building footprint
92 m²
Volume, LiDAR
471 m³
Parcel 23025I0132/00N002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ISEE CONSTRUCTION
Jozef Van Den Berghestraat 5, 1850 GrimbergenGeneral construction of buildings
since 20242.361.768.866
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23025I0132/00N002
ProtectedTownscape or village viewSenecabergSource ↗
Flanders 150 m² 1 · 92 m² 8.9 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 12,569 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
Founded11-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43110Demolition
43341Painting of buildings
43910Bricklaying and masonry work
81220Other building cleaning and industrial cleaning

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