Isnor
Bankruptcy closedSummary
Isnor was declared bankrupt on 18-09-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 03-02-2026, published in the Belgian State Gazette on 16-02-2026. The 2021 annual accounts show equity of €898 and a net result of €-4k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-10-2022, 89 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
89 d late
2020
31 d late
2019
76 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€228k▲ 10.5%
2020 · €206k
2019: €157k
2020: €206k
2019 → 2021
EBIT margin
-0.9%▼ 1.6pp
2020 · 0.6%
2019: -0.2%
2020: 0.6%
2019 → 2021
Net result
€-4k▼ 188%
2020 · €-1k
2019: €-204
2020: €-1k
2019 → 2021
Working capital
€-5k▲ 17.7%
2020 · €-6k
2019: €2k
2020: €-6k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€157k-€206k▲ 31.6%€228k▲ 10.5%
Equity€6k-€5k▼ 21.9%€898▼ 80.8%
Operating result€-242-€1k€-2k
Net result€-204-€-1k▼ 545%€-4k▼ 188%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €2k after €1k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €114k
Fixed assets
€6k ▼ 44.6%
Current assets
€108k ▲ 1.9%
Equity and liabilities €114k
Equity
€898 ▼ 80.8%
Debt
€113k ▲ 0.8%
Debt's share of the balance-sheet total rises from 96.0% to 99.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2020 · €9k
Cash flow
€1k▼
2020 · €7k
Current ratio
0.95▲
2020 · 0.94
ROA
-3.3%▼
2020 · -1.1%
Interest coverage
102.65
Debt ≤ 1 year
€113k▲
2020 · €112k
Equity ratios withheld: equity of €898 is too small for a meaningful ratio.
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 · 2021 against 2020 · 37 lines
Balance sheet
Code20202021
Assets
Total assets20/58€117k€114k▼
Fixed assets21/28€11k€6k▼
Tangible fixed assets22/27€10k€6k▼
Furniture and vehicles24-€6k
Financial fixed assets28€530€530=
Current assets29/58€106k€108k▲
Amounts receivable within one year40/41€83k€105k▲
Trade receivables40-€105k
Cash at bank and in hand54/58€23k€3k▼
Equity and liabilities
Total equity and liabilities10/49€117k€114k▼
Equity10/15€5k€898▼
Contributions10/11-€6k
Outside capital11-€6k
Share premium1100/10-€6k
Profit (loss) carried forward14€-2k€-5k▼
Amounts payable17/49€112k€113k▲
Amounts payable within one year42/48€112k€113k▲
Trade debts44€112k€112k▲
Suppliers440/4-€112k
Taxes, remuneration and social security45-€965
Taxes450/3-€965
Other amounts payable47/48-€10
Income statement
Code20202021
Turnover70€206k€228k▲
Goods, raw materials, services and sundry goods60/61-€224k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼
Other operating charges640/8-€900
Gross operating margin9900€11k€4k▼
Operating profit (loss)9901€1k€-2k▼
Recurring financial income75€15-
Financial charges65/66B-€2k
Recurring financial charges65€1k€27▼
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€-1k€-4k▼
Profit (loss) for the period9904€-1k€-4k▼
Profit (loss) for the period to be appropriated9905€-1k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-5k
Profit (loss) brought forward from the previous period14P-€-2k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-02
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · ISNOR SRL RUE ABBE CUYPERS 3, 1040 ETTERBEEK. déclarée le 18 septembre 2023 · event 03-02-2026
2023
25-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · ISNOR SRL RUE ABBE CUYPERS 3, 1040 ETTERBEEK · event 18-09-2023
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 76 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
325 m²
Building footprint
129 m²
Volume, LiDAR
1,912 m³
Parcel 21005A0542/00B006, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Isnor
since 20192.284.720.677
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0542/00B006 | Brussels | 325 m² | 1 · 129 m² | 17.0 m · 5 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 | CLAIRE VAN DE VELDE AVENUE DE FRE 229,
1180 UCCLE |
18-09-2023 → 03-02-2026 |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000