ISIKSOY

Active

Private limited companyfounded 20224 yrs activeDillestraat 14, 9950 Lievegem, BelgiumKBO/BCE: BE 0790.737.466

The computed 12-month bankruptcy probability of ISIKSOY is 1.6% (moderate). The 2025 annual accounts show equity of €12k and a net result of €30k. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 11% of 982 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

55 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability78▲+78

Solvency32▲+32

Growth58▲+26

Track record94

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.8 against 0.14 in 2024; short-term debt: 50.6% of total assets), and 93.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 42

Relative position

BE, all sectors

reference

Sector 42

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

6.5%

Return on assets

16%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 982 sector peers (2025).

NBB · sector comparison

Position among 982 sector peers

Solvency

better than 11%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 filings

Deviation from the deadline

2025

26 d late

2024

92 d late

2023

30 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Turnover

€90k

EBIT margin

-28.7%

Net result

€30k

2024 · €-32k

2023: €9k 2024: €-32k

2023 → 2025

Working capital

€-19k▲ 53.9%

2024 · €-41k

2023: €5k 2024: €-41k

2023 → 2025

Multi-year overview

Available amounts per fiscal year

Line202320242025Trend

Turnover€90k

Equity€14k-€-18k€12k

Operating result€13k-€-26k€37k

Net result€9k-€-32k€30k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €37k after a loss of €26k in 2024, the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €188k

59.6%

40.4%

Fixed assets €112k▲ 154%

Current assets €76k▲ 1,078%

Equity and liabilities €188k

93.5%

Equity €12k

Debt €176k

Debt finances 93.5% of the balance-sheet total.

Key figures and ratios

2025 value · change against 2024

Solvency

6.5%▲

2024 · -35.4%

Current ratio

0.80▲

2024 · 0.14

Quick ratio

0.80▲

2024 · 0.14

Debt / equity

14.27▲

2024 · -3.83

ROE

245.1%

ROA

16.0%▲

2024 · -62.5%

Debt

€176k▲

2024 · €68k

Debt ≤ 1 year

€95k▲

2024 · €48k

Debt > 1 year

€81k▲

2024 · €21k

Income taxes

€2k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€51k€188k▲

Fixed assets21/28€44k€112k▲

Tangible fixed assets22/27€37k€105k▲

Plant, machinery and equipment23€1k€2k▲

Furniture and vehicles24€36k€3k▼

Leasing and similar rights25-€100k

Financial fixed assets28€7k€7k=

Current assets29/58€6k€76k▲

Amounts receivable within one year40/41€6k€76k▲

Trade receivables40-€74k

Other amounts receivable41€6k€3k▼

Equity and liabilities

Total equity and liabilities10/49€51k€188k▲

Equity10/15€-18k€12k▲

Contributions10/11€5k€5k=

Reserves13€9k€9k=

Distributable reserves133€9k€9k=

Profit (loss) carried forward14€-32k€-1k▲

Amounts payable17/49€68k€176k▲

Amounts payable after more than one year17€21k€81k▲

Financial debts170/4€21k€81k▲

Amounts payable within one year42/48€48k€95k▲

Current portion of amounts payable after more than one year42€10k€28k▲

Financial debts43€3k€1k▼

Credit institutions430/8€3k€1k▼

Trade debts44€3k€15k▲

Suppliers440/4€3k€15k▲

Taxes, remuneration and social security45€7k€36k▲

Taxes450/3€3k€2k▼

Remuneration and social security454/9€4k€34k▲

Other amounts payable47/48€26k€15k▼

Income statement Code20242025

Turnover70€90k-

Non-recurring operating income76A€1-

Goods, raw materials, services and sundry goods60/61€91k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-

Other operating charges640/8€1k€1k▲

Non-recurring operating charges66A€21k€10k▼

Gross operating margin9900€-788€49k▲

Operating profit (loss)9901€-26k€37k▲

Financial income75/76B€126-

Recurring financial income75€126-

Financial charges65/66B€6k€6k▼

Recurring financial charges65€6k€6k▼

Profit (loss) for the period before taxes9903€-32k€32k▲

Income taxes67/77-€2k

Profit (loss) for the period9904€-32k€30k▲

Profit (loss) for the period to be appropriated9905€-32k€30k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-32k€-1k▲

Profit (loss) brought forward from the previous period14P-€-32k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

26-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 26 days late

2025

31-12

Financial Back to profitnet €30k

Net result €30k after one loss-making year.

31-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 92 days late

2024

31-12

Financial Weakest financial yearnet €-32k ▼463%

Net result drops to €-32k, the lowest in the series; recovery starts the following year.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Lievegem · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Dillestraat 149950 Lievegem

Ground area

262 m²

Building footprint

57 m²

Parcel 44072E1253/00K000, Flanders. Linked by address, not a title deed.

1 establishment unit

ISIKSOY

Dillestraat 14, 9950 LievegemCivil engineering

since 20222.335.417.827

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44072E1253/00K000	Flanders	262 m²	1 · 57 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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 · 273 EUR awarded · 273 EUR paid

Year	Entries	awarded	paid
2025	1	273 EUR	273 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 273 EUR · 273 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

2 categories

ISIKSOY BV42402

category C2, class 1 · category P1, class 1

decision 09-12-2022

Similar companies · same sector, comparable size

Sint-Jans-Molenbeek · Eq €12k

Of 1,825 companies in sector 42220 we hold annual accounts for 958. 541 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded13-09-2022

Fiscal year end31-12

Activities, NACEBEL

42220Construction of utility projects for electricity and telecommunications

43211General electrical installation work

43222Installation of electric heating, air conditioning, cooling and ventilation

43240Other construction installation

43299Specialised construction activities

49410Freight transport by road

53200Other postal and courier activities

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.