ISITEC
ActiveSummary
ISITEC has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €468,634 and a net result of €122,124. Equity has been shrinking by about 8.5% per year since 2018. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-11-1991 Normal situation
- Activity
- “Het beheer en de uitbreiding voor eigen rekening van een patrimonium bestaande uit roerende…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- Smet JurgenManaging director
- SMET ChristelDirector · since 31-07-2023
- Smet PeterDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €167,777
- ▲ 848%
- Turnover
- ≈ €430,000
- estimated
- Profit
- €122,124
- ▲ 27×
- Equity
- €468,634
- ▲ 35.2%
- Total assets
- €523,226
- ▲ 45.9%
Filed on 04-06-2026, 57 days before the deadline
Score breakdownraises riskNo registered site in the KBOlowers riskSize: total assets €523,226Liquidity: current ratio 5.17, cash €282,395Equity €468,634 (89.6% of total assets)Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of micro companies without a NACE code
Financial strength · tick: 2024
Strong
Solvency
100=
equity 89.6% of total assets
Liquidity
100+9
short-term debt 10.4% · cash 54.0%
Profitability
98+28
return on assets 23.3%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025highest value
07-2025: < 0.1%▼ -0.2 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.17 (28.99 in 2024), above the usual 1.5. Short-term debt is 10.4% and cash 54% of total assets. 10.4% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 90% on liquidity, 78% on profitability and 83% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €468,634
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 days early
2024
58 days early
2023
20 days early
2022
56 days early
2021
54 days early
2020
43 days early
2019
33 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 36 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 04-06-2026 PDF all 34 filings
Turnover
≈ €430,000
Estimated: probably between €260,000 and €800,000
Total assets
€523,226▲ 45.9%
2024 · €358,687
Net result
€122,124▲ 27×
2024 · €4,542
Working capital
€227,804▲ 101%
2024 · €113,270
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is over 26 times that of 2024. It is the second rise in a row, after the fall in 2023.
Operating result€0.2m
2025
Net result€0.1m
2025
Total assets€0.5m
2025
Equity€0.5m
2025
Debt€0.05m
2025
Working capital€0.2m
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.07m-€0.07m▲ 0.5%€0.1m▲ 80.5%€0.1m▼ 4.7%€0.2m▲ 83.8%-€0.02m€0.006m€0.2m▲ 26×
Net result€0.06m-€0.06m▼ 4.5%€0.08m▲ 37.3%€0.08m▼ 2.4%€0.2m▲ 110%-€0.02m€0.005m€0.1m▲ 27×
Equity€0.8m-€0.9m▲ 7.5%€0.9m▲ 9.6%€1.0m▲ 8.5%€1.2m▲ 16.5%€0.3m▼ 71.4%€0.3m▲ 1.3%€0.5m▲ 35.2%
Total assets€1.5m-€1.5m▼ 0.2%€1.5m▲ 3.4%€1.6m▲ 3.2%€1.4m▼ 13.3%€0.4m▼ 73.9%€0.4m▲ 1.6%€0.5m▲ 45.9%
Debt€0.6m-€0.5m▼ 10.0%€0.5m▼ 6.5%€0.5m▼ 5.5%€0.1m▼ 74.2%€0.003m▼ 97.6%€0.004m▲ 43.4%€0.05m▲ 13×
Working capital-€0.09m--€0.2m▼ 66.0%€0.2m€0.2m▲ 32.7%€0.4m▲ 54.9%€0.1m▼ 73.6%€0.1m▲ 13.6%€0.2m▲ 101%
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Large changes and their cause
- 2023 Equity -71%, Total assets -74% on 2022. Partial demerger to G.Smet BV, effective 01-01-2023.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €523,226
Fixed assets
€240,831 ▼ 0.2%
Current assets
€282,395 ▲ 141%
Equity and liabilities €523,226
Equity
€468,634 ▲ 35.2%
Provisions
€0 ▼ 100%
Debt
€54,591 ▲ 13×
Debt's share of the balance-sheet total rises from 1.1% to 10.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€165,948▲
2024 · €15,373
Cash flow
€122,664▲
2024 · €13,587
Current ratio
5.17▼
2024 · 28.99
Debt to equity
0.12▲
2024 · 0.01
ROE
26.1%▲
2024 · 1.3%
ROA
23.3%▲
2024 · 1.3%
Interest coverage
over 100▲
2024 · 8.61
Debt ≤ 1 year
€54,591▲
2024 · €4,047
Income taxes
€50,660▲
2024 · €0
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Companies with the same profile, two years later
Historical observationIn July 2024, 20,136 companies had the same profile as ISITEC has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95.0%
was still going
That fits the bankruptcy probability of ISITEC itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for ISITEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €76,220 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69,266 | €75,881 | €46,808 | €45,959 | €44,895 | €9,045 | €9,045 | €540 | ▼ 94.0% |
| Other operating charges640/8 | - | - | - | €20,948 | €1,838 | €23,101 | €2,328 | €1,828 | ▼ 21.5% |
| Gross operating margin9900 | €156,312 | €163,337 | €187,466 | €179,569 | €253,826 | €13,480 | €17,701 | €167,777 | ▲ 848% |
| Operating profit (loss)9901 | €65,226 | €65,522 | €118,277 | €112,662 | €207,093 | -€18,666 | €6,328 | €165,408 | ▲ 26× |
| Financial income75/76B | - | - | - | €1 | - | - | - | - | - |
| Recurring financial income75 | €2 | €310 | €0 | €1 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €4,801 | €4,474 | €2,629 | €1,786 | €755 | ▼ 57.7% |
| Recurring financial charges65 | €8,641 | €8,595 | €5,823 | €4,801 | €4,474 | €2,629 | €1,786 | €755 | ▼ 57.7% |
| Profit (loss) for the period before taxes9903 | €56,587 | €57,237 | €112,455 | €107,862 | €202,619 | -€21,295 | €4,542 | €164,653 | ▲ 36× |
| Transfer from deferred taxes780 | - | - | - | €6,383 | €40,419 | - | - | €8,130 | - |
| Income taxes67/77 | - | €3,500 | €29,917 | €33,650 | €73,511 | -€654 | €0 | €50,660 | - |
| Profit (loss) for the period9904 | €62,970 | €60,120 | €82,538 | €80,595 | €169,527 | -€20,641 | €4,542 | €122,124 | ▲ 27× |
| Transfer from tax-exempt reserves789 | - | - | - | €12,395 | €41,175 | - | - | €33,795 | - |
| Profit (loss) for the period to be appropriated9905 | €75,365 | €72,515 | €82,538 | €92,990 | €210,702 | -€20,641 | €4,542 | €155,919 | ▲ 34× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €1.5m | €1.5m | €1.6m | €1.4m | €0.4m | €0.4m | €0.5m | ▲ 45.9% |
| Fixed assets21/28 | €1.2m | €1.3m | €0.9m | €0.9m | €0.9m | €0.3m | €0.2m | €0.2m | ▼ 0.2% |
| Tangible fixed assets22/27 | €1.2m | €1.3m | €0.9m | €0.9m | €0.9m | €0.3m | €0.2m | €0.2m | ▼ 0.2% |
| Land and buildings22 | - | - | - | €0.9m | €0.9m | €0.3m | €0.2m | €0.2m | ▼ 0.2% |
| Financial fixed assets28 | €0.002m | €0.002m | - | - | - | - | - | - | - |
| Current assets29/58 | €0.3m | €0.2m | €0.6m | €0.7m | €0.5m | €0.1m | €0.1m | €0.3m | ▲ 141% |
| Stocks and contracts in progress3 | - | - | €0.3m | €0.3m | - | - | - | - | - |
| Stocks30/36 | - | - | - | €0.3m | - | - | - | - | - |
| Amounts receivable within one year40/41 | - | - | €71 | - | - | €0.04m | €0 | - | - |
| Other amounts receivable41 | - | - | - | - | - | €0.04m | €0 | - | - |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €0.3m | €0.3m | €0.5m | €0.07m | €0.1m | €0.3m | ▲ 141% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.5m | €1.6m | €1.4m | €0.4m | €0.4m | €0.5m | ▲ 45.9% |
| Equity10/15 | €0.8m | €0.9m | €0.9m | €1.0m | €1.2m | €0.3m | €0.3m | €0.5m | ▲ 35.2% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.2m | €0.2m | €0.2m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.3m | €0.3m | €0.4m | €0.5m | €0.6m | €0.2m | €0.2m | €0.3m | ▲ 67.6% |
| Non-distributable reserves130/1 | - | - | - | €0.009m | €0.009m | €0.003m | €0.003m | €0.003m | = |
| Legal reserve130 | - | - | - | €0.009m | €0.009m | €0.003m | €0.003m | €0.003m | = |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.1m | €0.03m | €0.03m | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | €0.3m | €0.5m | €0.1m | €0.1m | €0.3m | ▲ 108% |
| Provisions and deferred taxes16 | €0.09m | €0.08m | €0.08m | €0.08m | €0.04m | €0.008m | €0.008m | €0 | ▼ 100% |
| Deferred taxes168 | - | - | - | €0.08m | €0.04m | €0.008m | €0.008m | €0 | ▼ 100% |
| Amounts payable17/49 | €0.6m | €0.5m | €0.5m | €0.5m | €0.1m | €0.003m | €0.004m | €0.05m | ▲ 13× |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.1m | €0.04m | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.04m | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.3m | €0.4m | €0.4m | €0.4m | €0.1m | €0.003m | €0.004m | €0.05m | ▲ 13× |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.04m | - | - | - | - |
| Trade debts44 | €365 | €133 | €69 | - | €67 | €198 | €0.001m | €0.001m | ▼ 8.1% |
| Suppliers440/4 | - | - | - | - | €67 | €198 | €0.001m | €0.001m | ▼ 8.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.07m | - | - | €0.05m | - |
| Taxes450/3 | - | - | - | €0.06m | €0.07m | - | - | €0.05m | - |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.005m | €0.003m | €0.003m | €0.003m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,970 | €60,120 | €82,538 | €80,595 | €169,527 | -€20,641 | €4,542 | €122,124 | ▲ 27× |
| + Depreciation and write-downs630 | €69,266 | €75,881 | €46,808 | €45,959 | €44,895 | €9,045 | €9,045 | €540 | ▼ 94.0% |
| Operating cash flow (approximation) | €132,236 | €136,000 | €129,346 | €126,554 | €214,422 | -€11,596 | €13,587 | €122,664 | ▲ 803% |
| Investment in fixed assets (approximation) | - | -€132,285 | €272,171 | €0 | €0 | €595,677 | -€0 | €0 | - |
| Change in cash | - | -€59,398 | €70,613 | €64,575 | €164,236 | -€428,341 | €50,766 | €165,078 | ▲ 225% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 04-06-2026 | 2026-00147657 | |
| 31-12-2024 | abbreviated format | 03-06-2025 | 2025-00126165 | |
| 31-12-2023 | abbreviated format | 11-07-2024 | 2024-00245216 | |
| 31-12-2022 | abbreviated format | 05-06-2023 | 2023-00106637 | |
| 31-12-2021 | abbreviated format | 07-06-2022 | 2022-20051371 | |
| 31-12-2020 | abbreviated format | 18-06-2021 | 2021-22300147 | |
| 31-12-2019 | abbreviated format | 02-09-2020 | 2020-51500492 | |
| 31-12-2018 | abbreviated format | 01-08-2019 | 2019-43000188 | |
| 31-12-2017 | abbreviated format | 05-06-2018 | 2018-16900582 | |
| 31-12-2016 | abbreviated format | 05-07-2017 | 2017-29300245 |
Board & ownership
Directors
Directors
3 directors, 1 in day-to-day management
Board 3
SMET Christel
Current
Current
Smet Peter
Current
Director · in office according to the act of 25-08-2023
Day-to-day management 1
Smet Jurgen
Current
Managing director · in office according to the act of 25-08-2023
Owners and capital
Capital transactions
Capital over time
- 25-08-2023 Capital stated in the deed · €165,927.19
- 21-06-2023 Capital stated in the deed · €546,853.29 · 2,206 shares
Mandate history
4 people, 3 in office
- Board
- Day-to-day management
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| SMET Christel |
|
| Smet Jurgen |
|
| Smet Peter |
|
| Christ'l Smet |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “3, algemene vergadering”“Onbezoldigd, tenzij algemene vergadering anders beslist”
Articles of association, deed of 25-08-2023 (in Dutch)
Network & group
Acquisitions and mergers
1 transactionSplit off to:G.Smet BV
Connections & network
3 current directorsThe network starts from the directors of ISITEC. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
04-06
abbreviated format · 57 days before the deadline
2025
03-06
abbreviated format · 58 days before the deadline
2024
31-12
Financial
Back to profitnet €4,542
The net result is €4,542, after one loss-making year.
11-07
abbreviated format · 20 days before the deadline
2023
31-12
Financial
Weakest financial yearnet -€20,641
The net result drops to -€20,641, the lowest from 2018 to 2025. It recovers the following year.
31-12
Financial
Liquidity more than 8 timescurrent ratio 36.34
The current ratio rises from 4.24 to 36.34. Short-term debt falls from €116,825 to €2,821.
25-08
Gazette deed
Demerger: ISITEC splits off to G.SMETReappointments: Smet Peter, Christ'l Smet and Smet Jurgen · Registered office clause · Amendment of the articles19 points ▸
Gazette deed
Demerger: ISITEC splits off to G.SMET
Reappointments: Smet Peter, Christ'l Smet and Smet Jurgen · Registered office clause · Amendment of the articles19 points ▸
- Other provision, “aanrekening vermindering eigen vermogen”, EUR (deed in Dutch)
- Registered office clause, “Vlaams Gewest, 9120 Beveren,Oude Zandstraat 83” (deed in Dutch)
- Other provision, “Wijziging besluitvorming Raad van Bestuur, Vijfde besluit” (deed in Dutch)
- Amendment of the articles
- Capital, €165,927.19
- Director reappointment, Smet Peter (director)
- Director reappointment, Christ'l Smet (director)
- Director reappointment, Smet Jurgen (director)
- Director reappointment, Smet Jurgen (managing director)
- Power of attorney, Vincent LESSELIERS
- General meeting, 31-07-2023
- Demerger, “goedkeuring met splitsing gelijkgestelde handeling door inbreng in bestaande vennootschap, eenparigheid van stemmen,ieder afzonderlijk” (deed in Dutch)
- The act holds 7 more points.
21-06
Gazette deed
Demerger proposal: ISITEC splits off to G.Smet BVPermanent representatives: Smet Jurgen, Smet Peter and Smet Christ'l · Share issue · Accounting effect20 points ▸
Gazette deed
Demerger proposal: ISITEC splits off to G.Smet BV
Permanent representatives: Smet Jurgen, Smet Peter and Smet Christ'l · Share issue · Accounting effect20 points ▸
- Board composition, Smet Jurgen (lid bestuursorgaan), mentioned 2 times in the deed
- Board composition, Smet Peter (lid bestuursorgaan), mentioned 2 times in the deed
- Share issue, “nieuwe aandelen zonder nominale waarde, 3.Wijze waarop de aandelen worden uitgereikt” (deed in Dutch)
- Other provision, “winstdeelname nieuwe aandelen”, 2023 (deed in Dutch)
- Accounting effect, 01-01-2023
- Other provision, “bijzondere rechten en andere effecten” (deed in Dutch)
- Auditor report, 1750.0, EUR
- Other provision, “bijzondere voordelen leden bestuursorganen” (deed in Dutch)
- Demerger, “partiële splitsing, 9.Beschrijving en verdeling activa en passiva” (deed in Dutch)
- Other provision, “artikel 12:73 instrumenterende notaris, Geen betrokken vennootschap onderworpen aan buitenlands recht” (deed in Dutch)
- Other provision, “balans van 31.12.2022, splitsingsbalans” (deed in Dutch)
- Permanent representative, Smet Jurgen, mentioned 2 times in the deed
- The act holds 8 more points.
05-06
abbreviated format · 56 days before the deadline
2022
31-12
Financial
Highest result from 2018 to 2025net €169,527 ▲110%
The operating result of €207,093 and the net result of €169,527 are both a record.
31-12
Financial
Liquidity more than doubledcurrent ratio 4.24
The current ratio rises from 1.59 to 4.24. Short-term debt falls from €413,258 to €116,825.
07-06
abbreviated format · 54 days before the deadline
Show earlier events
2021
31-12
Financial
Equity above €1mequity €1.0m ▲8.5%
With a profit in every financial year since 2018, equity grows to €1.0m.
18-06
abbreviated format · 43 days before the deadline
2020
31-12
Financial
Liquidity more than doubledcurrent ratio 1.48
The current ratio rises from 0.55 to 1.48.
02-09
abbreviated format · 33 days late
2019
01-08
abbreviated format · 1 day late
2018
05-06
abbreviated format · 56 days before the deadline
2017
05-07
abbreviated format · 26 days before the deadline
1991
22-11
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
ISITEC in Dutch
Enterprise number
0445.599.192
Legal form
Public limited company
Status
Active, normale toestand
Founded
05-11-1991
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-08-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 25-08-2023 (in Dutch)Registered office and establishments
Registered office
Oude Zandstraat(BEV) 83, 9120 Beveren-Kruibeke-Zwijndrecht, Belgium
Activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 25-08-2023 (in Dutch)
“Het beheer en de uitbreiding voor eigen rekening van een patrimonium bestaande uit roerende en onroerende goederen zowel in het binnenland…”
3 activities
- Het beheer en de uitbreiding voor eigen rekening van een patrimonium bestaande uit roerende en onroerende goederen zowel in het binnenland als in het buitenland alsmede alle handelingen die daar rechtstreeks of onrechtstreeks verband mee houden of die van aard zijn de opbrengst van haar goederen te bevorderen, zoals de aankoop en de verkoop, huur en verhuur, de ruiling of in het algemeen de verwerving of de overdracht van goederen zo roerende als onroerende, het onderhoud, de ontwikkeling, de verfraaiing en de verhuring van goederen.
- Zij zal zich eveneens borg mogen stellen voor de goede afloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen en aan deze personen leningen toestaan, zij zal tevens het bestuur mogen waamemen en toezicht uitoefenen op alle vennootschappen of ondernemingen die een gelijkaardig of verwant voorwerp nastreven; de vennootschap zal bevoegd zijn alle handelingen te stellen zonder uitzondering te stellen of verrichten die daartoe noodzakelijk, nuttig of alleen maar bevorderlijk zijn.
- Zij zal zelfs deel mogen nemen aan de bedrijvigheid van de andere vennootschappen met hetzelfde, gelijkaardig of verwant voorwerp en dit door inbreng, versmelting of hoe dan ook.
Invoicing and payment
VAT number
BE 0445.599.192
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of May at 20:00
deed of 25-08-2023 (in Dutch)Environmental permits
1 application in Flanders since 2018 · 1 granted
Bouwen of herbouwen
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
1,514 m²
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46502D0513/00R000 | Flanders | 1,514 m² | - | - |