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ISLAY

Active Private limited companyfounded 2000active for 26 yearsDr. Zamenhoflaan 4, 8310 BrugesKBO/BCE: BE 0471.682.987

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €80,166 (2025)
€80,166▲ 65.8%
lowest -€11,598 (2008)
€28,261▲ 215%
peak €144,420 (2021)
€71,222▼ 34.8%
€340,160▲ 13.3%
Board1 name since 2021
1 director
Documentsfilings and deeds
04-08-20264 days late
2025micro format
Gross margin from €48,352 to €80,166Result from €8,980 to €28,261Dividend €66,317Equity from €109,278 to €71,222Cash from €23,038 to €68,697

Key points

from the 2025 annual accounts

Equity

€71,222 ▼ 34.8%
109,2782024+28,261Profit-66,317Dividend71,2222025

ISLAY paid out €66,317 in dividends. That is 235% of the 2025 profit.

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Debts

€340,160 83% of the balance sheet
Financial debts 73%Suppliers 0%Taxes and wages 3%Other 24%

Of this, €89,915 falls due within a year.

Liquidity

1.59 was 3.41 in 2024

Short-term debts rose from €34,884 to €89,915.

Filings

26 annual accounts since 2000
AprilJune31 JulyOctober200020102020

Nine of the last ten came late. The 2019 accounts came latest: 69 days after the end of the period.

Position in the sector

17.3%

Lower solvency than 81% of companies in human health. Sector median 63.1% · 21,322 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,820 companies had the same profile as ISLAY has now. Each dot stands for 10 companies, two years later.

95.1%
were still trading
3.8%
stopped another way
1.0%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 3,820 companies, not a prediction for ISLAY. 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.

Credit verdict

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

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0471682987
Resignation: (statutory manager) Reappointment: (statutory director) · General meeting of 15-12-2021 · Gazette deed
Company renamed from NRG to ISLAY “Het bevorderen van de beoefening en de beoefening van de chiropractie en de ostheopathie en te dien einde alle…” (deed in Dutch) · Legal-form conversion: to private limited company (pre-2019) · General meeting of 09-09-2016 · Gazette deed
Incorporation published on 22-04-2000 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
ISLAY Bruges €411,381 €80,166 17.3% -
DOKTER FILIP MARTENS Pittem €368,745 €79,587 85.4% -
DOKTER PIET VANHULLE Blankenberge €358,027 €85,355 77.1% -
DOCTEUR BOES Lasne €399,800 €76,639 96.5% -
DOCTEURS GIELEN & COUNE Ans €452,563 €75,308 95.4% -
DOKTERSPRAKTIJK J. VERHELST Hasselt €379,698 €77,962 51.8% -
Dr. Guido De Romagnoli Wemmel €425,161 €74,399 96.6% -

These companies have the same main activity as ISLAY: general medical practice (NACE 86210). They are comparable in size and age: total assets between €358,000 and €453,000, founded between 1997 and 2002.

Official details

Source: KBO
Status
Active since 12-04-2000Normal situation
Activity
General medical practiceNACE 86210
Establishment unit
2.256.124.7808310 Bruges, since 12-04-2000
Financial year end
31 December
Peppol
Reachable since 20-10-2025
Company details

Annual accounts 2025

€411,381▲ 0.5%
Filing
Filed on 04-08-2026
Financials

Insights on ISLAY

ISLAY files the micro format. That format states no turnover. The gross margin rose from €40,034 in 2006 to €80,166 in 2025.

The balance sheet grew most in 2023 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ISLAY

What is the company number of ISLAY?
The company number of ISLAY is 0471.682.987. The VAT number is the same number with BE in front: BE 0471.682.987.
Where is ISLAY based?
The registered office is at Dr. Zamenhoflaan 4, 8310 Bruges.Company details
What does ISLAY do?
According to the KBO register, the main activity is general medical practice (NACE 86210).
What is the legal form of ISLAY?
ISLAY is a private limited company (BV).
When was ISLAY founded?
ISLAY was founded on 12-04-2000.
Is ISLAY still active?
Yes, ISLAY is an active enterprise in the KBO register.
What is the turnover of ISLAY?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €80,166 and 32 comparable companies (NACE 862). It probably lies between €140,000 and €230,000.Financials
Is ISLAY profitable?
In financial year 2025, ISLAY made a profit of €28,261.
Where can I find the annual accounts of ISLAY?
ISLAY filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ISLAY due?
ISLAY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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