ISILEC
Open bankruptcyA bankruptcy procedure is open for ISILEC according to publications in the Belgian State Gazette; curator: BENOIT DARMONT.
Summary
The 2024 annual accounts show negative equity (-€100,407) and a net result of -€56,351.
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 Liège, Namur division
- Declared bankrupt
- 19 February 2026
- Supervising judge
- Thierry Carlier
- Official Gazette
- 25-02-2026 (pdf) ↗search the document for 2026/107978
Deadlines
- Appeal or third-party opposition until
- passed on 12 March 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 21 March 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 31 March 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 19 February 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Benoit DarmontChaussee De Charleroi, 164, 5070 04 Vitrivalavocat.darmont@skynet.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€100,407
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the General electrical installation work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€231,297▼ 47.0%
2022 · €436,041
EBIT margin
-40.0%▼ 56.2pp
2022 · 16.2%
Net result
-€56,351▲ 54.0%
2023 · -€122,497
Working capital
-€67,727▲ 4.6%
2023 · -€71,022
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€213,693▲ 55.7%€436,041€231,297▼ 47.0%
Operating result-€7,303€88,533€70,530▼ 20.3%-€92,504-€40,732▲ 56.0%
Net result-€12,611below the sector's middle half€71,864above the sector's middle half€58,755above the sector's middle half▼ 18.2%-€122,497below the sector's middle half-€56,351below the sector's middle half▲ 54.0%
EBIT margin-3.4%▼ 29.4pp16.2%-40.0%▼ 56.2pp
Equity€38,178within the sector's middle half▼ 24.8%€70,042within the sector's middle half▲ 83.5%€78,442within the sector's middle half▲ 12.0%-€44,056below the sector's middle half-€100,407below the sector's middle half▼ 128%
Total assets€87,514within the sector's middle half▼ 1.7%€142,580within the sector's middle half▲ 62.9%€216,705within the sector's middle half▲ 52.0%€96,753within the sector's middle half▼ 55.4%€45,653below the sector's middle half▼ 52.8%
Debt€49,336▲ 29.0%€72,538▲ 47.0%€138,264▲ 90.6%€140,808▲ 1.8%€146,059▲ 3.7%
Working capital€25,078within the sector's middle half▼ 51.4%€43,425within the sector's middle half▲ 73.2%€45,229within the sector's middle half▲ 4.2%-€71,022below the sector's middle half-€67,727below the sector's middle half▲ 4.6%
Solvency43.6%within the sector's middle half▼ 13.4pp49.1%within the sector's middle half▲ 5.5pp36.2%within the sector's middle half▼ 12.9pp-45.5%below the sector's middle half▼ 81.7pp-219.9%below the sector's middle half▼ 174.4pp
Current ratio1.51within the sector's middle half▼ 1.131.60within the sector's middle half▲ 0.091.33within the sector's middle half▼ 0.270.46below the sector's middle half▼ 0.860.27below the sector's middle half▼ 0.19
Return on assets (ROA)-14.4%below the sector's middle half▼ 48.5pp50.4%above the sector's middle half▲ 64.8pp27.1%above the sector's middle half▼ 23.3pp-126.6%below the sector's middle half▼ 153.7pp-123.4%below the sector's middle half▲ 3.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €40,732 in 2024 against €92,504 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45,653
Fixed assets
€19,996 ▼ 44.0%
Current assets
€25,657 ▼ 58.0%
Key figures and ratios
EBITDA
-€25,050▲
2023 · -€78,443
Cash flow
-€40,668▲
2023 · -€108,436
Debt to equity
-1.45▲
2023 · -3.20
Interest coverage
-3.35▲
2023 · -74.80
Debt ≤ 1 year
€93,384▼
2023 · €132,096
Debt > 1 year
€52,675▲
2023 · €8,712
Income taxes
€9,334▼
2023 · €28,945
Staff costs
€1,935▼
2023 · €69,428
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €213,693 | - | €436,041 | €231,297 | - | - |
| Non-recurring operating income76A | - | - | - | - | €300 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €239,620 | €229,394 | - | - |
| Remuneration, social security and pensions62 | - | €104,374 | €109,033 | €69,428 | €1,935 | ▼ 97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,092 | €7,695 | €11,204 | €14,061 | €15,683 | ▲ 11.5% |
| Other operating charges640/8 | - | €21,639 | €5,655 | €10,917 | €38,290 | ▲ 251% |
| Gross operating margin9900 | €43,700 | €222,241 | €196,421 | €1,903 | €15,176 | ▲ 698% |
| Operating profit (loss)9901 | -€7,303 | €88,533 | €70,530 | -€92,504 | -€40,732 | ▲ 56.0% |
| Financial income75/76B | - | €9 | €0 | - | €1,188 | - |
| Recurring financial income75 | - | €9 | €0 | - | €1,188 | - |
| Financial charges65/66B | - | €311 | €352 | €1,049 | €7,472 | ▲ 612% |
| Recurring financial charges65 | €318 | €311 | €352 | €1,049 | €7,472 | ▲ 612% |
| Profit (loss) for the period before taxes9903 | -€7,621 | €88,231 | €70,178 | -€93,552 | -€47,017 | ▲ 49.7% |
| Income taxes67/77 | €4,990 | €16,368 | €11,423 | €28,945 | €9,334 | ▼ 67.8% |
| Profit (loss) for the period9904 | -€12,611 | €71,864 | €58,755 | -€122,497 | -€56,351 | ▲ 54.0% |
| Profit (loss) for the period to be appropriated9905 | -€12,611 | €71,864 | €58,755 | -€122,497 | -€56,351 | ▲ 54.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,514 | €142,580 | €216,705 | €96,753 | €45,653 | ▼ 52.8% |
| Fixed assets21/28 | €13,100 | €26,616 | €33,212 | €35,678 | €19,996 | ▼ 44.0% |
| Tangible fixed assets22/27 | €13,100 | €26,006 | €32,602 | €35,068 | €19,386 | ▼ 44.7% |
| Plant, machinery and equipment23 | - | €3,617 | €7,676 | €5,772 | €3,455 | ▼ 40.1% |
| Furniture and vehicles24 | - | €21,448 | €24,298 | €28,983 | €15,931 | ▼ 45.0% |
| Leasing and similar rights25 | - | - | €0 | - | - | - |
| Other tangible fixed assets26 | - | €942 | €628 | €314 | - | - |
| Financial fixed assets28 | - | €610 | €610 | €610 | €610 | = |
| Current assets29/58 | €74,413 | €115,964 | €183,493 | €61,074 | €25,657 | ▼ 58.0% |
| Amounts receivable within one year40/41 | €64,176 | €105,766 | €141,641 | €58,623 | €24,203 | ▼ 58.7% |
| Trade receivables40 | - | €75,230 | €70,679 | €12,776 | €23,998 | ▲ 87.8% |
| Other amounts receivable41 | - | €30,536 | €70,962 | €45,847 | €205 | ▼ 99.6% |
| Cash at bank and in hand54/58 | €10,238 | €10,198 | €41,852 | €655 | €39 | ▼ 94.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,797 | €1,415 | ▼ 21.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,514 | €142,580 | €216,705 | €96,753 | €45,653 | ▼ 52.8% |
| Equity10/15 | €38,178 | €70,042 | €78,442 | -€44,056 | -€100,407 | ▼ 128% |
| Contributions10/11 | €10,200 | €10,200 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €10,200 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €8,400 | - | - | - | - |
| Outside capital11 | - | - | €18,600 | - | - | - |
| Share premium1100/10 | - | - | €18,600 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €26,118 | €57,982 | €57,982 | -€64,516 | -€120,867 | ▼ 87.3% |
| Amounts payable17/49 | €49,336 | €72,538 | €138,264 | €140,808 | €146,059 | ▲ 3.7% |
| Amounts payable after more than one year17 | - | - | - | €8,712 | €52,675 | ▲ 505% |
| Financial debts170/4 | - | - | - | €8,712 | €52,675 | ▲ 505% |
| Amounts payable within one year42/48 | €49,336 | €72,538 | €138,264 | €132,096 | €93,384 | ▼ 29.3% |
| Current portion of amounts payable after more than one year42 | - | €1,075 | €1,075 | €4,620 | €16,750 | ▲ 263% |
| Financial debts43 | - | - | - | €26,834 | €41,825 | ▲ 55.9% |
| Credit institutions430/8 | - | - | - | €26,834 | €41,825 | ▲ 55.9% |
| Trade debts44 | €37,419 | €45,169 | €35,269 | €26,310 | €11,574 | ▼ 56.0% |
| Suppliers440/4 | - | €45,169 | €35,269 | €26,310 | €11,574 | ▼ 56.0% |
| Taxes, remuneration and social security45 | - | €26,293 | €50,828 | €23,240 | €20,939 | ▼ 9.9% |
| Taxes450/3 | - | €24,720 | €48,456 | €19,764 | €19,737 | ▼ 0.1% |
| Remuneration and social security454/9 | - | €1,573 | €2,372 | €3,476 | €1,202 | ▼ 65.4% |
| Other amounts payable47/48 | - | - | €51,091 | €51,091 | €2,297 | ▼ 95.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,611 | €71,864 | €58,755 | -€122,497 | -€56,351 | ▲ 54.0% |
| + Depreciation and write-downs630 | €7,092 | €7,695 | €11,204 | €14,061 | €15,683 | ▲ 11.5% |
| Operating cash flow (approximation) | -€5,519 | €79,559 | €69,959 | -€108,436 | -€40,668 | ▲ 62.5% |
| Investment in fixed assets (approximation) | - | -€21,211 | -€17,800 | -€16,527 | €0 | ▲ 100% |
| Change in cash | - | -€40 | €31,654 | -€41,197 | -€616 | ▲ 98.5% |
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
2026
25-02
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 19-02-2026
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 116 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€122,497
Net result drops to -€122,497, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
07-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 219 days late
2021
31-12
Financial
Back to profitnet €71,864
Net result €71,864 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 121 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
07-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 68 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Andenne · 1 establishment unit since 2014
Ground area
474 m²
Building footprint
72 m²
Parcel 92411A0151/00A002, Wallonia. Linked by address, not a title deed.
1 establishment unit
ISILEC
since 20142.230.978.818
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92411A0151/00A002 | Wallonia | 474 m² | 1 · 72 m² | - |
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 | BENOIT DARMONT CHAUSSEE DE CHARLEROI, 164,
5070 04 VITRIVAL |
19-02-2026 → present |
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Of 22,827 companies in sector 43211 we hold annual accounts for 10,333. 8,795 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 (pre-2019)
Founded14-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Contact
Phone
0471276569Andenne
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.