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ISL BELGIEN

Active
Private limited companyfounded 1985active for 41 yearsGewerbestrasse 38, 4731 Raeren, BelgiumKBO/BCE: BE 0426.980.241
Summary

ISL BELGIEN has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212,927 and a net result of €47,673. Equity has been growing by about 28% per year since 2018. Its solvency ranks better than 88% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-02-1985 Normal situation
Activity
Wholesale of timber NACE 46832and 1 other
Establishment unit
2.026.687.613 4731 Raeren, since 17-06-1993
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Board and ownership

Board
  • VALLUGADirector · permanent representative von DANWITZ Frank
  • I.S.L. GROUPDirector

Financial position

99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€97,684
▲ 27.0%
Turnover
≈ €520,000
estimated
Profit
€47,673
▲ 70.2%
Equity
€212,927
▲ 28.8%
Total assets
€245,497
▲ 19.5%
  • 2025 accounts filed 32 days after the deadline
Score breakdownraises riskLast filed accounts filed 32 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 8.62, cash €133,004Founded in 1985Equity €212,927 (86.7% of total assets)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 88% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 86.7% of total assets
Liquidity 100+4
short-term debt 10.5% · cash 54.2%
Profitability 93+7
return on assets 19.4%
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).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.6 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 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 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.62 (4.65 in 2024), above the usual 1.5. Short-term debt is 10.5% and cash 54.2% of total assets. 13.3% 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 (NACE 46, micro). It does better than 90% of them on solvency, 96% on liquidity, 87% on profitability and 81% on growth.

The bankruptcy probability was computed on 02-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 8.62, cash €133,004
NBB · annual accounts
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €212,927 (86.7% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 32 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 32 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
32 days late
2024
8 days early
2023
5 days early
2022
28 days late
2021
50 days late
2020
31 days late
2019
50 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed 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 28 August (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 87% of companies in wholesale tradesector median 40.6% · 13,741 companies 86.7% View

Recent changes

  1. · Gazette deed Resignations: JANSEN Christian (verwalter) and JANSEN Michael (verwalter)Appointment: ISL Group GmbH (verwalter)
  2. · Gazette deed Company renamed from INDUSTRIE SERVICE to ISL BelgienAppointments: JANSEN Christian, JANSEN Michael and VALLUGA · Permanent representative: von DANWITZ Frank
  3. · Gazette deed Resignation: Frank VON DANWITZ (verwalter)
All 22 events

Comparable companies

These companies have the same main activity as ISL BELGIEN: wholesale of timber (NACE 46832). They are comparable in size and age: total assets between €171,000 and €289,000, founded between 1975 and 1993.

CompanyTotal assetsGross margin
ISL BELGIEN Raeren€245,497€97,684
VISENTIN A. La Louvière€274,963€61,557
REITHO & Cie Vielsalm€171,334€125,279
INNOVATIONS ET DIFFUSION Ukkel€263,432€60,562
M. & J. MARTENS Impregneerbedrijf Houthalen-Helchteren€256,548€75,672
Ateliers MULTIBOIS Braine-le-Château€289,413€164,065
DRIESSEN TRANSPORT Genk€256,558€130,451
Full comparison

Key facts about ISL BELGIEN

What is the company number of ISL BELGIEN?
The company number of ISL BELGIEN is 0426.980.241. The VAT number is the same number with BE in front: BE 0426.980.241.
Where is ISL BELGIEN based?
The registered office is at Gewerbestrasse 38, 4731 Raeren.Company details
What does ISL BELGIEN do?
According to the KBO register, the main activity is wholesale of timber (NACE 46832).
What is the legal form of ISL BELGIEN?
The legal form of ISL BELGIEN is Private limited company (BV).
When was ISL BELGIEN founded?
ISL BELGIEN was founded on 04-02-1985.
Is ISL BELGIEN still active?
Yes, ISL BELGIEN is an active enterprise in the KBO register.
What is the turnover of ISL BELGIEN?
The turnover in financial year 2025 is ≈ €520,000. This figure is estimated from the gross margin of €97,684 and 109 comparable companies (NACE 46). It probably lies between €260,000 and €900,000.Financials
Is ISL BELGIEN profitable?
In financial year 2025, ISL BELGIEN made a profit of €47,673.
Where can I find the annual accounts of ISL BELGIEN?
ISL BELGIEN filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ISL BELGIEN due?
ISL BELGIEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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