ISHU FOODIES
InactiveISHU FOODIES was declared bankrupt on 26-07-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 01-07-2025, published in the Belgian State Gazette on 11-07-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 01-09-2022, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
32 d late
2019
90 d late
2018
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€186k▲ 87.2%
2019 · €99k
2018: €103k
2019: €99k
2018 → 2021
EBIT margin
11.9%▲ 45.5pp
2019 · -33.6%
2018: 13.8%
2019: -33.6%
2018 → 2021
Net result
€23k
2019 · €-33k
2018: €13k
2019: €-33k
2018 → 2021
Working capital
€-2k▲ 92.0%
2019 · €-28k
2018: €5k
2019: €-28k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192021Trend
Turnover€103k-€99k▼ 3.5%€186k▲ 87.2%
Equity€9k-€-24k€2k
Operating result€14k-€-33k€22k
Net result€13k-€-33k€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €22k in 2021, compared with €-33k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €12k
Fixed assets
€4k =
Current assets
€8k ▲ 14.3%
Equity and liabilities €12k
Equity
€2k
Debt
€10k
Debt finances 83.7% of the balance-sheet total.
Key figures and ratios
Current ratio
0.78▲
2019 · 0.19
Quick ratio
0.33▲
2019 · 0.06
Debt to equity
5.14
ROA
193.3%▲
2019 · -303.6%
Debt ≤ 1 year
€10k▼
2019 · €35k
Income taxes
€-1k
Staff costs
€26k
A ratio outside any meaningful range has been withheld (balance sheet total €12k, equity €2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2019 · 38 lines
Balance sheet
Code20192021
Assets
Total assets20/58€11k€12k▲
Fixed assets21/28€4k€4k=
Financial fixed assets28€4k€4k=
Current assets29/58€7k€8k▲
Stocks and contracts in progress3€5k€4k▼
Stocks30/36-€4k
Amounts receivable within one year40/41-€749
Trade receivables40-€200
Other amounts receivable41-€549
Cash at bank and in hand54/58€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€11k€12k▲
Equity10/15€-24k€2k▲
Contributions10/11€6k€19k▲
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-32k€-19k▲
Amounts payable17/49€35k€10k▼
Amounts payable within one year42/48€35k€10k▼
Trade debts44€5k€3k▼
Suppliers440/4-€3k
Taxes, remuneration and social security45-€6k
Remuneration and social security454/9-€6k
Other amounts payable47/48-€257
Income statement
Code20192021
Turnover70€99k€186k▲
Goods, raw materials, services and sundry goods60/61-€139k
Remuneration, social security and pensions62-€26k
Other operating charges640/8-€506
Gross operating margin9900€-11k€48k▲
Operating profit (loss)9901€-33k€22k▲
Financial charges65/66B-€27
Recurring financial charges65€22€27▲
Profit (loss) for the period before taxes9903€-33k€22k▲
Income taxes67/77-€-1k
Profit (loss) for the period9904€-33k€23k▲
Profit (loss) for the period to be appropriated9905€-33k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-19k
Profit (loss) brought forward from the previous period14P-€-42k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · ISHU FOODIES BOULEVARD DE L’ABATTOIR 18, 1000 BRUXELLES. déclarée le 26 juillet 2024 · event 01-07-2025
2024
06-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · ISHU FOODIES BOULEVARD DE L’ABATTOIR 18, 1000 BRUXELLES · event 26-07-2024
2022
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €-33k ▼353%
Net result drops to €-33k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
26-07-2024 → 01-07-2025 |