Summary
ISEE3 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €8.50M and a net result of €96k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 2399 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
41 d early
2022
38 d early
2021
27 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€8.50M▼ 7.4%
2024 · €9.18M
Net result
€96k▼ 98.4%
2024 · €5.96M
Total assets
€8.96M▼ 16.0%
2024 · €10.67M
Solvency
94.8%▲ 8.8pp
2024 · 86.1%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€142k-€4k▼ 97.0%€-45k€4.32M€13k▼ 99.7%
Net result€779k-€318k▼ 59.1%€497k▲ 56.1%€5.96M▲ 1,100%€96k▼ 98.4%
Equity€3.41M-€3.72M▲ 9.4%€4.22M▲ 13.3%€9.18M▲ 118%€8.50M▼ 7.4%
Total assets€3.53M-€3.84M▲ 8.7%€4.40M▲ 14.7%€10.67M▲ 143%€8.96M▼ 16.0%
Debt€122k-€111k▼ 8.4%€179k▲ 60.8%€1.49M▲ 730%€463k▼ 68.9%
Working capital€777k-€1.10M▲ 41.3%€1.58M▲ 43.8%€7.90M▲ 401%€7.20M▼ 8.9%
Solvency96.6%-97.1%▲ 0.5pp95.9%▼ 1.2pp86.1%▼ 9.9pp94.8%▲ 8.8pp
Staff (FTE)0
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 100% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.96M
Fixed assets
€1.30M ▲ 1.2%
Current assets
€7.66M ▼ 18.4%
Equity and liabilities €8.96M
Equity
€8.50M ▼ 7.4%
Debt
€463k ▼ 68.9%
Debt's share of the balance-sheet total falls from 13.9% to 5.2%. Equity and debt are lower.
Key figures and ratios
ROE
1.1%▼
2024 · 64.9%
ROA
1.1%▼
2024 · 55.9%
Debt ≤ 1 year
€462k▼
2024 · €1.48M
Income taxes
€50k▼
2024 · €497k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4.36M | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €3k | €5k | €5k | €6k | ▲ 14.1% |
| Other operating charges640/8 | €811 | €945 | €1k | €4k | €1k | ▼ 67.0% |
| Gross operating margin9900 | €162k | €8k | €-38k | €4.33M | €21k | ▼ 99.5% |
| Operating profit (loss)9901 | €142k | €4k | €-45k | €4.32M | €13k | ▼ 99.7% |
| Financial income75/76B | €756k | €440k | €511k | €2.15M | €154k | ▼ 92.8% |
| Recurring financial income75 | €756k | €440k | €511k | €2.15M | €154k | ▼ 92.8% |
| Financial charges65/66B | €1k | €88k | €-82k | €8k | €21k | ▲ 158% |
| Recurring financial charges65 | €1k | €88k | €-82k | €8k | €21k | ▲ 158% |
| Profit (loss) for the period before taxes9903 | €897k | €356k | €548k | €6.46M | €147k | ▼ 97.7% |
| Income taxes67/77 | €118k | €37k | €51k | €497k | €50k | ▼ 89.9% |
| Profit (loss) for the period9904 | €779k | €318k | €497k | €5.96M | €96k | ▼ 98.4% |
| Profit (loss) for the period to be appropriated9905 | €779k | €318k | €497k | €5.96M | €96k | ▼ 98.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.53M | €3.84M | €4.40M | €10.67M | €8.96M | ▼ 16.0% |
| Fixed assets21/28 | €2.63M | €2.63M | €2.65M | €1.29M | €1.30M | ▲ 1.2% |
| Tangible fixed assets22/27 | €8k | €5k | €28k | €27k | €42k | ▲ 55.5% |
| Plant, machinery and equipment23 | €2k | €1k | €646 | €213 | €0 | ▼ 100% |
| Furniture and vehicles24 | €7k | €4k | €27k | €27k | €42k | ▲ 56.7% |
| Financial fixed assets28 | €2.62M | €2.62M | €2.62M | €1.26M | €1.26M | = |
| Current assets29/58 | €897k | €1.21M | €1.75M | €9.38M | €7.66M | ▼ 18.4% |
| Amounts receivable after more than one year29 | - | - | €150k | €150k | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | €150k | €150k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €42k | €50k | €34k | €46k | €20k | ▼ 56.6% |
| Trade receivables40 | €42k | €30k | €34k | €1k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €20k | €0 | €45k | €20k | ▼ 55.4% |
| Current investments50/53 | €650k | €796k | €1.29M | €3.06M | €6.66M | ▲ 118% |
| Cash at bank and in hand54/58 | €182k | €345k | €241k | €6.11M | €974k | ▼ 84.0% |
| Deferred charges and accrued income490/1 | €23k | €18k | €36k | €25k | €11k | ▼ 54.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.53M | €3.84M | €4.40M | €10.67M | €8.96M | ▼ 16.0% |
| Equity10/15 | €3.41M | €3.72M | €4.22M | €9.18M | €8.50M | ▼ 7.4% |
| Contributions10/11 | €2.63M | €2.63M | €2.63M | €2.63M | €2.63M | = |
| Capital10 | €2.63M | €2.63M | €2.63M | €2.63M | €2.63M | = |
| Issued capital100 | €2.63M | €2.63M | €2.63M | €2.63M | €2.63M | = |
| Reserves13 | €779k | €1.10M | €1.59M | €6.56M | €5.87M | ▼ 10.4% |
| Non-distributable reserves130/1 | €40k | €56k | €81k | €263k | €263k | = |
| Legal reserve130 | €40k | €56k | €81k | €263k | €263k | = |
| Distributable reserves133 | €739k | €1.04M | €1.51M | €6.29M | €5.61M | ▼ 10.8% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €122k | €111k | €179k | €1.49M | €463k | ▼ 68.9% |
| Amounts payable within one year42/48 | €120k | €111k | €173k | €1.48M | €462k | ▼ 68.8% |
| Trade debts44 | €5k | €20k | €31k | €4k | €3k | ▼ 32.7% |
| Suppliers440/4 | €5k | €20k | €31k | €4k | €3k | ▼ 32.7% |
| Taxes, remuneration and social security45 | €97k | €91k | €24k | €463k | €460k | ▼ 0.8% |
| Taxes450/3 | €97k | €91k | €24k | €460k | €460k | = |
| Remuneration and social security454/9 | - | - | - | €4k | €0 | ▼ 100% |
| Other amounts payable47/48 | €18k | €672 | €118k | €1.01M | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €1k | €0 | €6k | €6k | €273 | ▼ 95.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €779k | €318k | €497k | €5.96M | €96k | ▼ 98.4% |
| + Depreciation and write-downs630 | €19k | €3k | €5k | €5k | €6k | ▲ 14.1% |
| Operating cash flow (approximation) | €798k | €322k | €502k | €5.97M | €103k | ▼ 98.3% |
| Investment in fixed assets (approximation) | - | €0 | €-28k | €1.36M | €-21k | ▼ 102% |
| Change in cash | - | €163k | €-104k | €5.86M | €-5.13M | ▼ 187% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €96k ▼98.4%
Net result drops to €96k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 16.58
Current ratio from 6.34 to 16.58; short-term debt falls from €1.48M to €462k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2021net €5.96M ▲1,100%
Operating result €4.32M, net result €5.96M, both a record.
31-12
Financial
Equity above €5MEq €9.18M ▲118%
4 profitable years in a row build equity to €9.18M.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Martens-Latem · 1 establishment unit since 2020
Ground area
1,815 m²
Building footprint
248 m²
Volume, LiDAR
1,665 m³
Parcel 44015A0131/00C002, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ISEE3
since 20202.300.905.821
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44015A0131/00C002 | Flanders | 1,815 m² | 1 · 248 m² | 10.7 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,845 EUR awarded · 1,845 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,845 EUR | 1,845 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 6,491 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.