Equity
-€14,591
Debts exceed assets in financial year 2025.
ISM Procession TERRAIN
Lifetime
4 annual accounts with figures on one time axispeak -€327 (2024)
-€327unchanged
lowest -€21,281 (2022)
-€910▼ €41
peak -€11,281 (2022)
-€14,591▼ €910
€239,645▲ 0.4%
Board2 names since 2021
2 directorsIn Summo Montis and 1 other
Owners
100%In Summo Montis
Documentsfilings and deeds
27-06-202634 days before the deadline
2025abbreviated format
Loss of €910Cash from €37 to €54
Key points
from the 2025 annual accountsLosses
-€24,591 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€239,645 106% of the balance sheet
After one year 0%Within one year 100%
Of this, €239,318 falls due within a year.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 34 to 37 days before the end of the period.
Starting capital
€10,000
At the same address
10 companies
Checked score
52
Fair
Financially stronger than 17% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.3%
01-2025: 3.4%▲ +0.1 percentage points vs 12-2024
02-2025: 3.4%● unchanged vs 01-2025highest value
03-2025: 3.3%▼ -0.1 percentage points vs 02-2025
04-2025: 2.0%▼ -1.3 percentage points vs 03-2025
05-2025: 2.0%● unchanged vs 04-2025
06-2025: 2.1%▲ +0.1 percentage points vs 05-2025
07-2025: 2.2%▲ +0.1 percentage points vs 06-2025
08-2025: 2.2%● unchanged vs 07-2025
09-2025: 2.2%● unchanged vs 08-2025
10-2025: 2.1%▼ -0.1 percentage points vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.1%● unchanged vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.1%● unchanged vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.1%● unchanged vs 04-2026
06-2026: 2.2%▲ +0.1 percentage points vs 05-2026
07-2026: 2.2%● unchanged vs 06-2026
08-2026: 2.4%▲ +0.2 percentage points vs 07-2026
09-2026: 2.7%▲ +0.3 percentage points vs 08-2026
10-2026: 1.9%▼ -0.8 percentage points vs 09-2026lowest value
11-2026: 1.9%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.00, cash €54
Founded in 2021
lowers risk
Size: total assets €225,054
No main activity registered
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 13% of them on solvency, 2% on liquidity, 27% on profitability and 28% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as ISM Procession TERRAIN has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ISM Procession TERRAIN itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,555 companies, not a prediction for ISM Procession TERRAIN. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.0 (0.0 in 2024), below 1. Short-term debt is 106.3% and cash 0% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€14,591
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 27-06-2026, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
34 days early
2024
37 days early
2023
34 days early
2022
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 4 accounts on average 35 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 27 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- In Summo Montis 100%score 53equity -€823,542 (2025) · 2025 annual accounts of In Summo Montis
Recent changes
Registered office moved from Brussels to Maisières
New registered office: Rue Comte Cornet 26, 7020 Maisières · Previous registered office: Avenue des Saisons 100-102 B30, 1050 Bruxelles · Permanent representatives: Patrick Joly and Olivier Peters · General meeting of 19-10-2022 · Gazette deed
Incorporation
Founding capital of €10,000 · Founder: In Summo Montis · Permanent representatives: JOLY Patrick Jacques Claude Ghislain and OPPERS Jan Albert Simone · published on 30-12-2021 · Gazette deed
First establishment
Jaargetijdenlaan 100-102, Ixelles
Official details
Source: KBO- Status
- Active since 28-12-2021Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- “L’acquisition de tous biens ou droits immobiliers et la réalisation de toutes opérations sur…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.333.868.7951050 Ixelles, since 28-12-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €225,054=
- Filing
- Filed on 27-06-2026, 34 days before the end of the filing period
Insights on ISM Procession TERRAIN
ISM Procession TERRAIN files the abbreviated format. That format states no turnover. The gross margin rose from -€20,175 in 2022 to -€327 in 2025.
In Summo Montis holds all the shares.
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 ISM Procession TERRAIN
- What is the company number of ISM Procession TERRAIN?
- The company number of ISM Procession TERRAIN is 0779.463.195. The VAT number is the same number with BE in front: BE 0779.463.195.
- Where is ISM Procession TERRAIN based?
- The registered office is at Rue Comte Cornet 26, 7020 Mons.Company details
- What is the legal form of ISM Procession TERRAIN?
- ISM Procession TERRAIN is a private limited company (BV).
- When was ISM Procession TERRAIN founded?
- ISM Procession TERRAIN was founded on 28-12-2021.
- Is ISM Procession TERRAIN still active?
- Yes, ISM Procession TERRAIN is an active enterprise in the KBO register.
- What is the turnover of ISM Procession TERRAIN?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is ISM Procession TERRAIN profitable?
- In financial year 2025, ISM Procession TERRAIN made a loss of €910.
- Where can I find the annual accounts of ISM Procession TERRAIN?
- ISM Procession TERRAIN filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ISM Procession TERRAIN due?
- ISM Procession TERRAIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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