Summary
ISMAL has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €117,855 and a net result of €12,990. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2019 · tick = 2018
Profitability63▲+19
Solvency100=
Growth78
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2019Solvency, return and age of the figures
Solvency
92%
Return on assets
10.1%
Age of the figures
81 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 29-06-2020, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2019 accounts 32 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2019, micro schema
Equity
€117,855▲ 12.4%
2018 · €104,865
Total assets
€128,160▲ 15.9%
2018 · €110,590
Net result
€12,990▲ 373%
2018 · €2,748
Working capital
€112,264▲ 13.4%
2018 · €99,019
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Operating result€4,859-€21,380▲ 340%
Net result€2,748-€12,990▲ 373%
Equity€104,865-€117,855▲ 12.4%
Total assets€110,590-€128,160▲ 15.9%
Debt€5,725-€10,305▲ 80.0%
Working capital€99,019-€112,264▲ 13.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 340% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €128,160
Fixed assets
€5,591 ▼ 4.4%
Current assets
€122,570 ▲ 17.0%
Equity and liabilities €128,160
Equity
€117,855 ▲ 12.4%
Debt
€10,305 ▲ 80.0%
Debt's share of the balance-sheet total rises from 5.2% to 8.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21,635▲
2018 · €5,114
Cash flow
€13,245▲
2018 · €3,004
Current ratio
11.89▼
2018 · 18.30
ROE
11.0%▲
2018 · 2.6%
ROA
10.1%▲
2018 · 2.5%
Debt ≤ 1 year
€10,305▲
2018 · €5,725
Income taxes
€7,305▲
2018 · €1,755
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €256 | €256 | = |
| Gross operating margin9900 | €6,379 | €23,417 | ▲ 267% |
| Operating profit (loss)9901 | €4,859 | €21,380 | ▲ 340% |
| Recurring financial charges65 | €355 | €1,085 | ▲ 205% |
| Profit (loss) for the period before taxes9903 | €4,503 | €20,295 | ▲ 351% |
| Income taxes67/77 | €1,755 | €7,305 | ▲ 316% |
| Profit (loss) for the period9904 | €2,748 | €12,990 | ▲ 373% |
| Profit (loss) for the period to be appropriated9905 | €2,748 | €12,990 | ▲ 373% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €110,590 | €128,160 | ▲ 15.9% |
| Fixed assets21/28 | €5,846 | €5,591 | ▼ 4.4% |
| Tangible fixed assets22/27 | €5,846 | €5,591 | ▼ 4.4% |
| Current assets29/58 | €104,744 | €122,570 | ▲ 17.0% |
| Amounts receivable within one year40/41 | €103,746 | €121,127 | ▲ 16.8% |
| Cash at bank and in hand54/58 | €998 | €1,443 | ▲ 44.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €110,590 | €128,160 | ▲ 15.9% |
| Equity10/15 | €104,865 | €117,855 | ▲ 12.4% |
| Contributions10/11 | €83,337 | €83,337 | = |
| Reserves13 | €8,334 | €8,334 | = |
| Profit (loss) carried forward14 | €13,195 | €26,185 | ▲ 98.4% |
| Amounts payable17/49 | €5,725 | €10,305 | ▲ 80.0% |
| Amounts payable within one year42/48 | €5,725 | €10,305 | ▲ 80.0% |
| Trade debts44 | €1,183 | €1,156 | ▼ 2.3% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2,748 | €12,990 | ▲ 373% |
| + Depreciation and write-downs630 | €256 | €256 | = |
| Operating cash flow (approximation) | €3,004 | €13,245 | ▲ 341% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €446 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
01-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
28-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
21-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
04-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
NBB 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.
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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, Antwerpen · 1 establishment unit since 1993
Ground area
2,425 m²
Building footprint
435 m²
Volume, LiDAR
18,769 m³
Parcel 11810K1522/00S013, Flanders · tallest building 49.3 m, ±14 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
Mechelsesteenweg 142, 2018 Antwerpen
since 19932.060.672.552
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1522/00S013 | Flanders | 2,425 m² | 1 · 435 m² | 49.3 m · 14 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RIPTIDE Invest
BE 0641.851.968
Sint-Pieters-Woluwe · Eq €117,864
Vastgoed Gaeremynck
BE 0506.710.380
Avelgem · Eq €117,890
JORIS VAN GESTEL
BE 0716.898.690
Antwerpen · Eq €117,809
WILFRA
BE 0452.939.421
Boortmeerbeek · Eq €117,972
LL REAL ESTATE
BE 0802.769.327
Zwevegem · Eq €118,046
Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. 5,241 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formGeneral partnership
Founded20-01-1993
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449312017
Also
9925:BE0449312017
Registered
16-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.