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Ishaaq

Open bankruptcy
Private limited companyfounded 2021Korte Lozanastraat 20, 2018 Antwerpen, BelgiumKBO/BCE: BE 0767.807.161

A bankruptcy procedure is open for Ishaaq according to publications in the Belgian State Gazette; curator: DANIëL VAN INGELGHEM.

Summary

The 2023 annual accounts show negative equity (-€20,560) and a net result of -€24,462.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
15 January 2026
Supervising judge
Marc Theuns
Official Gazette
21-01-2026 (pdf) ↗search the document for 2026/102096

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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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

History

Ishaaq was incorporated on 4 May 2021 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2 On 15 January 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023
  3. 3Belgian State Gazette, 21-01-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
-€20,560
2022 · €3,902
Total assets
€17,071▼ 34.9%
2022 · €26,210
Net result
-€24,462▼ 1,066%
2022 · -€2,098
Working capital
-€23,902▼ 192%
2022 · -€8,187
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
Line20222023
Operating result-€8,262--€24,313▼ 194%
Net result-€2,098--€24,462▼ 1,066%
Equity€3,902--€20,560
Total assets€26,210-€17,071▼ 34.9%
Debt€22,308-€37,631▲ 68.7%
Working capital-€8,187--€23,902▼ 192%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2022: -€8,262-€8,262Net result 2022: -€2,098-€2,098Operating result 2023: -€24,313-€24,313Net result 2023: -€24,462-€24,46220222023-€30,000-€20,000-€10,000€0Operating result 2022: -€8,262-€8,260Net result 2022: -€2,098-€2,100Operating result 2023: -€24,313-€24,300Net result 2023: -€24,462-€24,50020222023
The operating result stays negative: a loss of €24,313 in 2023 against €8,262 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €17,071
Fixed assets €3,342 ▼ 72.4%
Current assets €13,729 ▼ 2.8%
Key figures and ratios
2023 value · change against 2022
EBITDA
-€22,819▼
2022 · -€416
Cash flow
-€22,967▼
2022 · €5,748
Solvency
-120.4%▼
2022 · 14.9%
Current ratio
0.36▼
2022 · 0.63
Debt to equity
-1.83▼
2022 · 5.72
ROA
-143.3%▼
2022 · -8.0%
Interest coverage
-139.17▼
2022 · -7.70
Debt ≤ 1 year
€37,631▲
2022 · €22,308
Staff costs
€10,847▼
2022 · €11,183
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 41 lines
Balance sheet Code20222023
Assets
Total assets20/58€26,210€17,071▼
Fixed assets21/28€12,089€3,342▼
Tangible fixed assets22/27€12,089€3,342▼
Plant, machinery and equipment23€10,096€1,948▼
Furniture and vehicles24€1,993€1,394▼
Current assets29/58€14,122€13,729▼
Amounts receivable within one year40/41€11,970€11,637▼
Trade receivables40€7,362€6,460▼
Other amounts receivable41€4,608€5,177▲
Cash at bank and in hand54/58€2,152€1,960▼
Deferred charges and accrued income490/1-€132
Equity and liabilities
Total equity and liabilities10/49€26,210€17,071▼
Equity10/15€3,902-€20,560▼
Contributions10/11€6,000€6,000=
Capital10€6,000€6,000=
Issued capital100€6,000€6,000=
Profit (loss) carried forward14-€2,098-€26,560▼
Amounts payable17/49€22,308€37,631▲
Amounts payable within one year42/48€22,308€37,631▲
Trade debts44€12,485€9,807▼
Suppliers440/4€12,485€9,807▼
Advances received on contracts in progress46€5,289€772▼
Taxes, remuneration and social security45€7€26,884▲
Taxes450/3-€157
Remuneration and social security454/9€7€26,726▲
Other amounts payable47/48€4,527€168▼
Income statement Code20222023
Non-recurring operating income76A-€2,841
Remuneration, social security and pensions62€11,183€10,847▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,846€1,495▼
Other operating charges640/8€928€1,159▲
Gross operating margin9900€11,694-€10,812▼
Operating profit (loss)9901-€8,262-€24,313▼
Financial income75/76B€6,219€15▼
Recurring financial income75€6,219€15▼
Financial charges65/66B€54€164▲
Recurring financial charges65€54€164▲
Profit (loss) for the period before taxes9903-€2,098-€24,462▼
Profit (loss) for the period9904-€2,098-€24,462▼
Profit (loss) for the period to be appropriated9905-€2,098-€24,462▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2,098-€26,560▼
Profit (loss) brought forward from the previous period14P--€2,098

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

Line20222023Change
Non-recurring operating income76A-€2,841-
Remuneration, social security and pensions62€11,183€10,847▼ 3.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,846€1,495▼ 80.9%
Other operating charges640/8€928€1,159▲ 24.9%
Gross operating margin9900€11,694-€10,812▼ 192%
Operating profit (loss)9901-€8,262-€24,313▼ 194%
Financial income75/76B€6,219€15▼ 99.8%
Recurring financial income75€6,219€15▼ 99.8%
Financial charges65/66B€54€164▲ 203%
Recurring financial charges65€54€164▲ 203%
Profit (loss) for the period before taxes9903-€2,098-€24,462▼ 1,066%
Profit (loss) for the period9904-€2,098-€24,462▼ 1,066%
Profit (loss) for the period to be appropriated9905-€2,098-€24,462▼ 1,066%
Line20222023Change
Assets
Total assets20/58€26,210€17,071▼ 34.9%
Fixed assets21/28€12,089€3,342▼ 72.4%
Tangible fixed assets22/27€12,089€3,342▼ 72.4%
Plant, machinery and equipment23€10,096€1,948▼ 80.7%
Furniture and vehicles24€1,993€1,394▼ 30.0%
Current assets29/58€14,122€13,729▼ 2.8%
Amounts receivable within one year40/41€11,970€11,637▼ 2.8%
Trade receivables40€7,362€6,460▼ 12.3%
Other amounts receivable41€4,608€5,177▲ 12.3%
Cash at bank and in hand54/58€2,152€1,960▼ 8.9%
Deferred charges and accrued income490/1-€132-
Equity and liabilities
Total equity and liabilities10/49€26,210€17,071▼ 34.9%
Equity10/15€3,902-€20,560▼ 627%
Contributions10/11€6,000€6,000=
Capital10€6,000€6,000=
Issued capital100€6,000€6,000=
Profit (loss) carried forward14-€2,098-€26,560▼ 1,166%
Amounts payable17/49€22,308€37,631▲ 68.7%
Amounts payable within one year42/48€22,308€37,631▲ 68.7%
Trade debts44€12,485€9,807▼ 21.4%
Suppliers440/4€12,485€9,807▼ 21.4%
Advances received on contracts in progress46€5,289€772▼ 85.4%
Taxes, remuneration and social security45€7€26,884▲ 376,949%
Taxes450/3-€157-
Remuneration and social security454/9€7€26,726▲ 374,745%
Other amounts payable47/48€4,527€168▼ 96.3%
Line20222023Change
Profit (loss) for the period9904-€2,098-€24,462▼ 1,066%
+ Depreciation and write-downs630€7,846€1,495▼ 80.9%
Operating cash flow (approximation)€5,748-€22,967▼ 500%
Investment in fixed assets (approximation)-€7,252-
Change in cash--€192-

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

2026
21-01
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 15-01-2026
2024
31-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
14-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 136 days late
SignalNBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Antwerpen · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
672 m²
Building footprint
462 m²
Volume, LiDAR
5,580 m³
Parcel 11810K1870/00V000, Flanders · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
45 companies at this address See who is registered here
1 establishment unit
Big Guy Burger
Korte Lozanastraat 20, 2018 AntwerpenLimited-service restaurants
since 20212.316.845.790
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11810K1870/00V000 Flanders 672 m² 1 · 462 m² 18.7 m · 5 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator DANIëL VAN INGELGHEM
VLAAMSEKAAI 90, 2000 ANTWERPEN 1
15-01-2026 → present

Similar companies · same sector, comparable size

Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 4,587 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
Founded04-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0767807161
Also 9925:BE0767807161
Registered 11-03-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

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