Summary
ISHIA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €210,351 and a net result of -€3,388. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 80% of 8102 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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.
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Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
NBB · annual accounts 2025Net result per financial year
1920212223242526
2019 to 2026 · latest year -€3,388
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-09-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
32 d early
2025
29 d early
2024
34 d early
2023
7 d early
2022
3 d early
2021
3 d early
2020
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 2 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Equity
€210,351▼ 1.6%
2025 · €213,740
Net result
-€3,388
2025 · €4,344
Total assets
€254,393▼ 2.0%
2025 · €259,663
Solvency
82.7%▲ 0.4pp
2025 · 82.3%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€34,804▼ 15.7%€13,315▼ 61.7%€259▼ 98.1%€3,500▲ 1,251%-€6,449
Net result€24,622within the sector's middle half▼ 30.9%€11,226within the sector's middle half▼ 54.4%€907below the sector's middle half▼ 91.9%€4,344within the sector's middle half▲ 379%-€3,388
Equity€197,262within the sector's middle half▲ 5.5%€208,488within the sector's middle half▲ 5.7%€209,395within the sector's middle half▲ 0.4%€213,740within the sector's middle half▲ 2.1%€210,351▼ 1.6%
Total assets€260,153within the sector's middle half▲ 3.0%€266,521within the sector's middle half▲ 2.4%€269,056within the sector's middle half▲ 1.0%€259,663within the sector's middle half▼ 3.5%€254,393▼ 2.0%
Debt€62,890▼ 4.1%€58,033▼ 7.7%€59,661▲ 2.8%€45,924▼ 23.0%€44,042▼ 4.1%
Working capital€151,282above the sector's middle half▲ 9.4%€164,180above the sector's middle half▲ 8.5%€167,320above the sector's middle half▲ 1.9%€174,360above the sector's middle half▲ 4.2%€172,815▼ 0.9%
Solvency75.8%within the sector's middle half▲ 1.8pp78.2%above the sector's middle half▲ 2.4pp77.8%within the sector's middle half▼ 0.4pp82.3%above the sector's middle half▲ 4.5pp82.7%▲ 0.4pp
Current ratio12.24above the sector's middle half▼ 0.4813.67above the sector's middle half▲ 1.439.72above the sector's middle half▼ 3.9418.29above the sector's middle half▲ 8.5714.34▼ 3.96
Return on assets (ROA)9.5%within the sector's middle half▼ 4.6pp4.2%within the sector's middle half▼ 5.3pp0.3%below the sector's middle half▼ 3.9pp1.7%within the sector's middle half▲ 1.3pp-1.3%▼ 3.0pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €6,449 after €3,500 in 2025, the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €254,393
Fixed assets
€68,623 ▼ 8.8%
Current assets
€185,770 ▲ 0.7%
Equity and liabilities €254,393
Equity
€210,351 ▼ 1.6%
Debt
€44,042 ▼ 4.1%
Debt's share of the balance-sheet total falls from 17.7% to 17.3%. Equity and debt are lower.
Key figures and ratios
ROE
-1.6%▼
2025 · 2.0%
Debt ≤ 1 year
€12,955▲
2025 · €10,082
Debt > 1 year
€31,087▼
2025 · €35,842
Income taxes
€224▼
2025 · €2,083
Staff costs
€45▲
2025 · €44
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €457 | - | - | - |
| Remuneration, social security and pensions62 | €200 | €53 | €36 | €44 | €45 | ▲ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,944 | €6,944 | €7,269 | €7,337 | €7,693 | ▲ 4.9% |
| Other operating charges640/8 | €702 | €797 | €1,058 | €1,129 | €1,021 | ▼ 9.6% |
| Non-recurring operating charges66A | - | - | €4,035 | - | - | - |
| Gross operating margin9900 | €42,650 | €21,109 | €12,658 | €12,011 | €2,310 | ▼ 80.8% |
| Operating profit (loss)9901 | €34,804 | €13,315 | €259 | €3,500 | -€6,449 | ▼ 284% |
| Financial income75/76B | €19 | €4,945 | €5,373 | €6,737 | €6,647 | ▼ 1.3% |
| Recurring financial income75 | €19 | €4,945 | €5,373 | €6,737 | €6,647 | ▼ 1.3% |
| Financial charges65/66B | €3,391 | €2,438 | €2,920 | €3,810 | €3,363 | ▼ 11.7% |
| Recurring financial charges65 | €3,391 | €2,438 | €2,920 | €3,810 | €3,363 | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €31,431 | €15,823 | €2,713 | €6,427 | -€3,165 | ▼ 149% |
| Income taxes67/77 | €6,809 | €4,597 | €1,806 | €2,083 | €224 | ▼ 89.3% |
| Profit (loss) for the period9904 | €24,622 | €11,226 | €907 | €4,344 | -€3,388 | ▼ 178% |
| Profit (loss) for the period to be appropriated9905 | €24,622 | €11,226 | €907 | €4,344 | -€3,388 | ▼ 178% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €260,153 | €266,521 | €269,056 | €259,663 | €254,393 | ▼ 2.0% |
| Fixed assets21/28 | €95,415 | €89,383 | €82,559 | €75,221 | €68,623 | ▼ 8.8% |
| Tangible fixed assets22/27 | €95,415 | €89,383 | €82,559 | €75,221 | €68,623 | ▼ 8.8% |
| Land and buildings22 | €91,250 | €85,000 | €78,750 | €72,500 | €66,250 | ▼ 8.6% |
| Furniture and vehicles24 | €4,165 | €4,383 | €3,809 | €2,721 | €2,373 | ▼ 12.8% |
| Current assets29/58 | €164,738 | €177,138 | €186,498 | €184,442 | €185,770 | ▲ 0.7% |
| Amounts receivable after more than one year29 | €85,000 | €101,500 | €101,500 | €106,445 | €112,943 | ▲ 6.1% |
| Trade receivables290 | €85,000 | €101,500 | €101,500 | €106,445 | €112,943 | ▲ 6.1% |
| Amounts receivable within one year40/41 | €22,304 | €4,441 | €22,530 | €17,185 | €19,055 | ▲ 10.9% |
| Trade receivables40 | €15,478 | - | €11,419 | €7,346 | €6,051 | ▼ 17.6% |
| Other amounts receivable41 | €6,827 | €4,441 | €11,111 | €9,839 | €13,004 | ▲ 32.2% |
| Current investments50/53 | €4,035 | €4,035 | - | €1,200 | €1,200 | = |
| Cash at bank and in hand54/58 | €52,556 | €67,162 | €56,244 | €51,696 | €44,806 | ▼ 13.3% |
| Deferred charges and accrued income490/1 | €842 | - | €6,223 | €7,916 | €7,766 | ▼ 1.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €260,153 | €266,521 | €269,056 | €259,663 | €254,393 | ▼ 2.0% |
| Equity10/15 | €197,262 | €208,488 | €209,395 | €213,740 | €210,351 | ▼ 1.6% |
| Contributions10/11 | €20,900 | €20,900 | €20,900 | €20,900 | €20,900 | = |
| Outside capital11 | €20,900 | €20,900 | €20,900 | €20,900 | €20,900 | = |
| Other1109/19 | €20,900 | €20,900 | €20,900 | €20,900 | €20,900 | = |
| Reserves13 | €176,362 | €187,588 | €188,495 | €192,840 | €189,451 | ▼ 1.8% |
| Non-distributable reserves130/1 | €3,720 | €3,720 | - | - | - | - |
| Reserves not available under the articles1311 | €3,720 | €3,720 | - | - | - | - |
| Tax-exempt reserves132 | €1,265 | €1,265 | €1,265 | €1,265 | €1,265 | = |
| Distributable reserves133 | €171,377 | €182,603 | €187,230 | €191,575 | €188,186 | ▼ 1.8% |
| Amounts payable17/49 | €62,890 | €58,033 | €59,661 | €45,924 | €44,042 | ▼ 4.1% |
| Amounts payable after more than one year17 | €49,434 | €45,013 | €40,483 | €35,842 | €31,087 | ▼ 13.3% |
| Financial debts170/4 | €49,434 | €45,013 | €40,483 | €35,842 | €31,087 | ▼ 13.3% |
| Amounts payable within one year42/48 | €13,457 | €12,959 | €19,178 | €10,082 | €12,955 | ▲ 28.5% |
| Current portion of amounts payable after more than one year42 | €4,315 | €4,421 | €4,530 | €4,641 | €4,755 | ▲ 2.5% |
| Trade debts44 | €1,452 | €3,649 | €7,912 | €2,546 | €3,050 | ▲ 19.8% |
| Suppliers440/4 | €1,452 | €3,649 | €7,912 | €2,546 | €3,050 | ▲ 19.8% |
| Taxes, remuneration and social security45 | €7,689 | €4,889 | €6,736 | €2,894 | €5,150 | ▲ 77.9% |
| Taxes450/3 | €7,689 | €2,889 | €4,736 | €2,894 | €3,150 | ▲ 8.8% |
| Remuneration and social security454/9 | - | €2,000 | €2,000 | - | €2,000 | - |
| Accrued charges and deferred income492/3 | - | €62 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,622 | €11,226 | €907 | €4,344 | -€3,388 | ▼ 178% |
| + Depreciation and write-downs630 | €6,944 | €6,944 | €7,269 | €7,337 | €7,693 | ▲ 4.9% |
| Operating cash flow (approximation) | €31,566 | €18,170 | €8,177 | €11,681 | €4,305 | ▼ 63.1% |
| Investment in fixed assets (approximation) | - | -€912 | -€445 | €0 | -€1,095 | - |
| Change in cash | - | €14,606 | -€10,918 | -€4,549 | -€6,890 | ▼ 51.5% |
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 2027, expected by
2026
29-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €200,000Eq €208,488 ▲5.7%
3 profitable years in a row build equity to €208,488.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €35,619
Net result €35,619 after one loss-making year.
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet -€9,135
Net result drops to -€9,135, the lowest in the series; recovery starts the following year.
2019
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Heusden-Zolder · 1 establishment unit since 2010
Ground area
1,379 m²
Building footprint
157 m²
Volume, LiDAR
528 m³
Parcel 71025A1804/00B009, Flanders · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ISHIA
since 20102.187.871.523
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A1804/00B009 | Flanders | 1,379 m² | 1 · 157 m² | 5.0 m · 1 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
2025 · 1 entry · 1,800 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,800 EUR | 0 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteHeusden-Zolder2.187.871.523
Legal Entity Identifier
894500BL3UZKHNTUH514
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Of 24,721 companies in sector 64210 we hold annual accounts for 19,799. 13,553 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
Founded22-04-2010
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0825266003
Also
9925:BE0825266003
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.