ISIM-SPL
ActiveISIM-SPL has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-72k) and a net result of €9k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 6% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-28
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.05 in 2024; short-term debt: 157.7% of total assets), and equity is negative.
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-78.4%
Return on assets
9.5%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 7740 sector peers (2025).
NBB · sector comparisonPosition among 7740 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-10-2025, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
16 d early
2023
7 d early
2022
4 d early
2020
9 d early
2019
4 d early
2018
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-72k▲ 10.8%
2024 · €-80k
2019: €-197k
2020: €-199k
2022: €-127k
2023: €-102k
2024: €-80k
2019 → 2025
Total assets
€91k▼ 12.6%
2024 · €105k
2019: €89k
2020: €84k
2022: €77k
2023: €84k
2024: €105k
2019 → 2025
Net result
€9k▼ 60.6%
2024 · €22k
2019: €30k
2020: €-2k
2022: €72k
2023: €24k
2024: €22k
2019 → 2025
Working capital
€-135k▲ 11.0%
2024 · €-152k
2019: €-139k
2020: €-261k
2022: €-189k
2023: €-169k
2024: €-152k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€-199k-€-127k▲ 36.2%€-102k▲ 19.2%€-80k▲ 21.5%€-72k▲ 10.8%
Operating result€12k-€114k▲ 821%€42k▼ 63.4%€42k▲ 1.0%€25k▼ 39.5%
Net result€-2k-€72k€24k▼ 66.2%€22k▼ 9.5%€9k▼ 60.6%
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 falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€82k▼ 14.3%
Current assets
€9k▲ 6.9%
Key figures and ratios
EBITDA
€39k▼
2024 · €53k
Cash flow
€22k▼
2024 · €33k
Solvency
-78.4%▼
2024 · -76.9%
Current ratio
0.06▲
2024 · 0.05
Quick ratio
0.06▲
2024 · 0.05
Debt / equity
-2.27▲
2024 · -2.30
ROA
9.5%▼
2024 · 21.1%
Interest coverage
3.24▼
2024 · 4.92
Debt
€163k▼
2024 · €185k
Debt ≤ 1 year
€144k▼
2024 · €160k
Debt > 1 year
€10k▼
2024 · €17k
Income taxes
€5k▼
2024 · €9k
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€105k€91k▼
Fixed assets21/28€96k€82k▼
Tangible fixed assets22/27€96k€82k▼
Land and buildings22€64k€57k▼
Furniture and vehicles24€131€32▼
Leasing and similar rights25€32k€25k▼
Financial fixed assets28€322€322=
Current assets29/58€9k€9k▲
Amounts receivable within one year40/41€5k€5k▲
Trade receivables40€5k€5k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€105k€91k▼
Equity10/15€-80k€-72k▲
Contributions10/11€249k€249k=
Reserves13€25k€25k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€-354k€-346k▲
Amounts payable17/49€185k€163k▼
Amounts payable after more than one year17€17k€10k▼
Financial debts170/4€17k€10k▼
Amounts payable within one year42/48€160k€144k▼
Current portion of amounts payable after more than one year42€6k€7k▲
Financial debts43€9k€10k▲
Credit institutions430/8€9k€10k▲
Trade debts44€16k€17k▲
Suppliers440/4€16k€17k▲
Taxes, remuneration and social security45€13k€8k▼
Taxes450/3€13k€8k▼
Other amounts payable47/48€116k€102k▼
Accrued charges and deferred income492/3€7k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€4k€4k▼
Gross operating margin9900€57k€43k▼
Operating profit (loss)9901€42k€25k▼
Financial income75/76B€0€3▲
Recurring financial income75€0€3▲
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€31k€13k▼
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€22k€9k▼
Profit (loss) for the period to be appropriated9905€22k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-354k€-346k▲
Profit (loss) brought forward from the previous period14P€-376k€-354k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €72k
Net result €72k after one loss-making year.
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-2k ▼106%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
22-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial 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
Registered office, Zwevegem · 1 establishment unit since 1987
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.
Zandbeekstraat(S) 268554 ZwevegemGround area
1,296 m²
Building footprint
199 m²
Volume, LiDAR
1,021 m³
Parcel 34034E0421/00F000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ISIM-SPL
since 19872.032.241.258
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34034E0421/00F000 | Flanders | 1,296 m² | 1 · 199 m² | 8.8 m · 2 fl. |
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.
Similar companies · same sector and region
A MA ZON Nature'sSpirit
BE 0472.424.840
Damme
ADORNES
BE 0438.129.796
Brugge
AGRO-MARKT
BE 0467.352.235
Middelkerke
ARTIFEX EVENTS
BE 0465.657.606
Wingene
ASTRONOMISCHE CONTACT GROEP
BE 0433.190.815
Ieper
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 4,572 companies in sector 82300 we hold annual accounts for 1,671.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-1987
Fiscal year end31-03
Activities, NACEBEL
82990Other business support services
82300Organisation of conventions and trade shows
46190Agents in non-specialised wholesale trade
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:spl@telenet.be