Equity
€99,851 from €259,707 in 2018
Equity fell by 62% in 7 years.
ISHA CONSULT
Lifetime
14 annual accounts with figures on one time axispeak €209,796 (2018)
€12,951▼ 64.9%
lowest -€58,947 (2019)
-€15,842▼ €24,770
peak €259,707 (2018)
€99,851▼ 13.7%
€205,520▼ 1.6%
Board1 name since 2024
1 directorEdouard BEAUVOIS
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €36,920 to €12,951Loss of €15,842Equity from €115,693 to €99,851
Key points
from the 2025 annual accountsFilings
14 annual accounts since 2012
Ten of the last ten came late. The 2018 accounts came latest: 105 days after the end of the period.
Position in the sector
-€15,842
Lower net result than 91% of companies in head offices and management consultancy. Sector median €27,132 · 39,384 companies.
Checked score
64
Healthy
Financially stronger than 40% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%▼ -0.2 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 1.3%▲ +1.0 percentage point vs 08-2026highest value
10-2026: 1.3%● unchanged vs 09-2026highest value
11-2026: 1.3%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Liquidity: current ratio 0.47
Loss of €15,842 (financial year 2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 32% of them on solvency, 86% on liquidity, 15% on profitability and 26% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as ISHA CONSULT has now. Each dot stands for 18 companies, two years later.
90.8%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ISHA CONSULT itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,908 companies, not a prediction for ISHA CONSULT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.47 (0.81 in 2024), below 1. Short-term debt is 15.9% of total assets. 67.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
41 days late
2022
24 days late
2021
60 days late
2020
31 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0842850123
Change of role: Edouard BEAUVOIS, from manager to director
Director discharge: Edouard BEAUVOIS · General meeting of 20-12-2023 · Gazette deed
First establishment
Chêne à la Croix 14, Rixensart
Incorporation
published on 31-01-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ISHA CONSULT Rixensart | €305,371 | €12,951 | 32.7% | - |
| LAGO253764 Rixensart | €317,550 | €13,753 | 96.8% | - |
| Alchimia Waterloo | €333,537 | €12,118 | 43.2% | - |
| COUNTRYBUTE Zandhoven | €295,800 | €12,532 | 91.3% | - |
| DEPICON Waregem | €298,479 | €14,231 | 9.5% | - |
| SATURNI Ghent | €339,896 | €14,291 | 94.4% | - |
| MC milieuadvies Lievegem | €330,090 | €13,159 | 98.8% | - |
These companies have the same main activity as ISHA CONSULT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €296,000 and €340,000, founded between 2010 and 2014.
Official details
Source: KBO- Status
- Active since 18-01-2012Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.208.113.4431332 Rixensart, since 01-02-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 30-07-2025
Insights on ISHA CONSULT
ISHA CONSULT files the micro format. That format states no turnover. The gross margin fell from €54,066 in 2012 to €12,951 in 2025.
The balance sheet grew most from 2014 to 2016 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ISHA CONSULT
- What is the company number of ISHA CONSULT?
- The company number of ISHA CONSULT is 0842.850.123. The VAT number is the same number with BE in front: BE 0842.850.123.
- Where is ISHA CONSULT based?
- The registered office is at Fontaine au Chêne 14, 1332 Rixensart.Company details
- What does ISHA CONSULT do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ISHA CONSULT?
- ISHA CONSULT is a private limited company (BV).
- When was ISHA CONSULT founded?
- ISHA CONSULT was founded on 18-01-2012.
- Is ISHA CONSULT still active?
- Yes, ISHA CONSULT is an active enterprise in the KBO register.
- What is the turnover of ISHA CONSULT?
- The turnover in financial year 2025 is ≈ €60,000. This figure is estimated from the gross margin of €12,951 and 206 comparable companies (NACE 70200). It probably lies between €28,000 and €120,000. It is a rough estimate. In financial year 2020 turnover was €51,133.Financials
- Is ISHA CONSULT profitable?
- In financial year 2025, ISHA CONSULT made a loss of €15,842.
- Where can I find the annual accounts of ISHA CONSULT?
- ISHA CONSULT filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ISHA CONSULT due?
- ISHA CONSULT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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