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ISMAILIA

Bankruptcy closed
Private limited company (pre-2019)founded 2007Louizalaan 209A, 1050 Brussel, BelgiumKBO/BCE: BE 0893.032.181

Inactive since 13-04-2026; last annual accounts for fiscal year 2020.

Summary

ISMAILIA was declared bankrupt on 19-04-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 07-04-2026, published in the Belgian State Gazette on 28-04-2026.

Signals

1 signal.
+raises risk
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 28-04-2026. The registration has since been removed from the register.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2020, micro schema

Equity
€55k▼ 12.9%
2019 · €63k
2018: €63k 2019: €63k
2018 → 2020
Total assets
€108k▲ 7.7%
2019 · €100k
2018: €102k 2019: €100k
2018 → 2020
Net result
€-8k
2018 · €44k
2018: €44k
2018 → 2020
Working capital
€62k▼ 12.0%
2019 · €71k
2018: €83k 2019: €71k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€63k-€63k=€55k▼ 12.9%
Operating result€46k-€2k▼ 96.2%€-7k
Net result€44k-€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2018: €46k€46kNet result 2018: €44k€44kOperating result 2019: €2k€2kOperating result 2020: €-7k€-7kNet result 2020: €-8k€-8k201820192020€-20k€0€20k€40kOperating result 2018: €46k€46kNet result 2018: €44k€44kOperating result 2019: €2k€1.7kOperating result 2020: €-7k€-6.9kNet result 2020: €-8k€-8.1k201820192020
The operating result turns negative in 2020: a loss of €7k after €2k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €108k
Fixed assets €13k ▲ 3.1%
Current assets €95k ▲ 8.3%
Equity and liabilities €108k
Equity €55k ▼ 12.9%
Provisions €20k =
Debt €33k ▲ 92.4%
Debt's share of the balance-sheet total rises from 17.1% to 30.5%. Equity is lower and debt is higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€-3k
2019 · €4k
Cash flow
€-5k
Current ratio
2.90
2019 · 5.15
Debt to equity
0.60
2019 · 0.27
ROE
-14.8%
ROA
-7.5%
Interest coverage
-2.96
2019 · 2.55
Debt ≤ 1 year
€33k
2019 · €17k
Staff costs
€7k
2019 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 46 lines
Balance sheet Code20192020
Assets
Total assets20/58€100k€108k
Fixed assets21/28€12k€13k
Tangible fixed assets22/27€12k€13k
Plant, machinery and equipment23€540€2k
Furniture and vehicles24-€900
Other tangible fixed assets26€12k€10k
Current assets29/58€88k€95k
Amounts receivable within one year40/41€84k€87k
Trade receivables40€3k-
Other amounts receivable41€81k€87k
Cash at bank and in hand54/58€3k€8k
Deferred charges and accrued income490/1€465€524
Equity and liabilities
Total equity and liabilities10/49€100k€108k
Equity10/15€63k€55k
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€12k€12k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€10k€10k=
Profit (loss) carried forward14€45k€37k
Provisions and deferred taxes16€20k€20k=
Provisions for liabilities and charges160/5€20k€20k=
Major repairs and maintenance162€20k€20k=
Amounts payable17/49€17k€33k
Amounts payable within one year42/48€17k€33k
Trade debts44€12k€25k
Suppliers440/4€12k€25k
Taxes, remuneration and social security45€5k€8k
Taxes450/3€4k€5k
Remuneration and social security454/9€536€2k
Income statement Code20192020
Remuneration, social security and pensions62€26k€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-13k-
Other operating charges640/8€6k€2k
Gross operating margin9900€23k€6k
Operating profit (loss)9901€2k€-7k
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903-€-8k
Profit (loss) for the period9904-€-8k
Profit (loss) for the period to be appropriated9905-€-8k
Appropriation of the result
Profit (loss) to be appropriated9906€45k€37k
Profit (loss) brought forward from the previous period14P€45k€45k=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
28-04
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · ISMAILIA SRL AVENUE LOUISE 209A/7, 1050 IXELLES. déclarée le 19 avril 2024 · event 07-04-2026
2024
25-04
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · ISMAILIA SRL AVENUE LOUISE 209A/7, 1050 IXELLES · event 19-04-2024
2023
27-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 604 days late
14-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 929 days late
2020
04-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 217 days late
2019
05-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 217 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2015
30-09
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 61 days late
2014
25-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 25 days late
2013
25-09
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 56 days late
2012
31-10
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 92 days late
2011
08-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 8 days late
SignalNBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Brussel
exact location from the address register On OpenStreetMap
Ground area
480 m²
Building footprint
417 m²
Volume, LiDAR
9,711 m³
Parcel 21807G0120/00H005, Brussels · tallest building 29.8 m, ±8 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0120/00H005 Brussels 480 m² 1 · 417 m² 29.8 m · 8 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator MAIA GUTMANN LE PAIGE
RUE DE LA LOI 28, 1040 ETTERBEEK
19-04-202407-04-2026

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded24-10-2007
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.