ISHTAR BELG
The computed 12-month bankruptcy probability of ISHTAR BELG is 7.4% (elevated). The 2024 annual accounts show negative equity (€-24k) and a net result of €-25k. Its solvency ranks better than 12% of 6720 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-24k |
| Net result | €-25k |
| Better than sector | 12% |
| Active | 2 yrs |
Mixed profile: strong on profitability, weaker on health.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -56.1% | 20.4% | |
| Net result | €-25k | €4k | |
| Equity | €-24k | €16k | |
| Gross operating margin | €-25k | €24k | |
| Total assets | €43k | €94k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-25k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €43k |
| Equity | €-24k |
| Debt | €67k |
| of which ≤ 1y | €67k |
| of which > 1y | - |
| Working capital | €-24k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.64 |
| Quick ratio | 0.64 |
| Working capital ratio | -56.1% |
| Solvency | -56.1% |
| Debt / equity | -2.78 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -59.6% |
| ROE | 106.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (17 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €43k |
| Current assets | 29/58 | €43k |
| Amounts receivable within one year | 40/41 | €42k |
| Cash & bank | 54/58 | €392 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €43k |
| Equity | 10/15 | €-24k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-25k |
| Amounts payable | 17/49 | €67k |
| Amounts payable within one year | 42/48 | €67k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €-25k |
| Operating result | 9901 | €-25k |
| Financial charges | 65 | €404 |
| Result before taxes | 9903 | €-25k |
| Net result for the period | 9904 | €-25k |
| Result to be appropriated | 9905 | €-25k |
-
Current20-02-2026 → present
Former directors (2)
-
Former28-03-2025 → 20-02-2026
2 events
- 20-02-2026 Resigned· Director
- 28-03-2025 Appointed· Director
-
Former- → 28-03-2025
| NACE primary | Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding(47793) |
| Legal form | Private limited company(610) |
| Incorporation | 11-04-2024 |
| Status | Active |
| Postal code | 1090 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21672C0086/00S000 | Brussels | 2,329 m² | 1 · 310 m² | 40.4 m · 12 fl. |
| 21464D0077/00Y010 | Brussels | 160 m² | 1 · 139 m² | 16.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
23-03-2026 1 director appointed, 1 resigning
- Ushanli Evgeni, Bestuurder
- Sandro Khatiashvili, Bestuurder
Technical details
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"via_org": {
"kbo": "0753.710.289",
"name": "AVDB Consult",
"address": "Avenue Carton de Wiart 28, 1090 Bruxelles (Jette)",
"country": "BE",
"legal_form": "SComm"
},
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"compensated": null,
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],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-23",
"filing_date": "2026-03-16",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2026-02-20",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "1008.272.042",
"name_full": "ISHTAR BELG",
"legal_form": "SRL"
},
"publication_proxy": {
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"org_kbo": "0753.710.289",
"org_name": "AVDB Consult SComm",
"person_name": null,
"org_rep_person_name": "Ali Van den Broeck",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}05-02-2026 1 director appointed, 1 resigning
- Sandro Khatiashvili, Bestuurder
- Natia Natadze, Gedelegeerd bestuurder
Technical details
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"name": "Natia Natadze",
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},
"effective_date": "2025-03-28",
"evidence_quote": "A compter du 28 mars 2025, la r\u00E9solution suivante prend effet: - D\u00E9mission de Natadze Natia en tant qu\u0027administratrice."
},
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"name": "Sandro Khatiashvili",
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"effective_date": "2025-03-28",
"evidence_quote": "A compter du 28 mars 2025, la r\u00E9solution suivante prend effet: - Nomination de Sandro Khatiashvili en tant qu\u0027administrateur."
}
],
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"subject_company": {
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}
}10-01-2025 Registered office moved from Woluwe-Saint-Lambert to Jette
- Avenue Paul Hymans 126, 1200 Woluwe-Saint-Lambert → Avenue Carton de Wiart 28, 1090 Jette
Technical details
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"region": "Brussels",
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"postcode": "1090",
"box_number": null,
"street_number": "28"
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"country": "BE",
"postcode": "1200",
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"street_number": "126"
},
"effective_date": "2024-12-18",
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}15-04-2024 Incorporation of a new SRL
Technical details
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"founders": [
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"person": {
"dob": "1970-08-27",
"name": "NATADZE Natia",
"niss": null,
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},
"share_class": "Ordinary",
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"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 375,
"holder_person_name": "NATADZE Natia",
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"n_shares_subscribed": 25,
"amount_subscribed_eur": 375,
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"person": {
"dob": "1969-10-20",
"name": "GORIN Vladimir",
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"address": "Tbilissi (0105 G\u00E9orgie), Ushangi Chkeheidze Street, 5"
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"amount_paid_in_eur": 1125,
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],
"capital_eur": 1500,
"subject_company": {
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"incorporation_date": "2024-04-09",
"post_incorporation_mandates": []
}| Legal nameFR | ISHTAR BELG |