ISO HAZAR
Open bankruptcyA bankruptcy procedure is open for ISO HAZAR according to publications in the Belgian State Gazette; curator: LIEVE TEINTENIER. The 2024 annual accounts show equity of €16k and a net result of €809.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2024, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€809▼ 94.6%
2023 · €15k
2023: €15k
2023 → 2024
Working capital
€12k▲ 53.4%
2023 · €8k
2023: €8k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€15k-€16k▲ 5.4%
Operating result€15k-€1k▼ 92.5%
Net result€15k-€809▼ 94.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 92% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €68k
Fixed assets
€4k▼ 50.0%
Current assets
€65k▲ 256%
Equity and liabilities €68k
Equity
€16k▲ 5.4%
Debt
€52k▲ 419%
The debt ratio rises from 40.1% to 76.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2023 · €19k
Cash flow
€4k▼
2023 · €19k
Solvency
23.3%▼
2023 · 59.9%
Current ratio
1.24▼
2023 · 1.80
Quick ratio
1.24▼
2023 · 1.80
Debt / equity
3.29▲
2023 · 0.67
ROE
5.1%▼
2023 · 100.0%
ROA
1.2%▼
2023 · 59.9%
Interest coverage
14.25▼
2023 · 369.85
Debt
€52k▲
2023 · €10k
Debt ≤ 1 year
€52k▲
2023 · €10k
Staff costs
€47k▲
2023 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€25k€68k▲
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Furniture and vehicles24€7k€4k▼
Current assets29/58€18k€65k▲
Amounts receivable within one year40/41€14k€65k▲
Trade receivables40€6k€56k▲
Other amounts receivable41€8k€8k▲
Cash at bank and in hand54/58€4k-
Equity and liabilities
Total equity and liabilities10/49€25k€68k▲
Equity10/15€15k€16k▲
Profit (loss) carried forward14€15k€16k▲
Amounts payable17/49€10k€52k▲
Amounts payable within one year42/48€10k€52k▲
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€4k€17k▲
Suppliers440/4€4k€17k▲
Taxes, remuneration and social security45€6k€20k▲
Remuneration and social security454/9€6k€20k▲
Income statement
Code20232024
Remuneration, social security and pensions62€13k€47k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k=
Other operating charges640/8-€849
Gross operating margin9900€31k€53k▲
Operating profit (loss)9901€15k€1k▼
Financial charges65/66B€50€325▲
Recurring financial charges65€50€325▲
Profit (loss) for the period before taxes9903€15k€809▼
Profit (loss) for the period9904€15k€809▼
Profit (loss) for the period to be appropriated9905€15k€809▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€16k▲
Profit (loss) brought forward from the previous period14P-€15k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ISO HAZAR BV OUDE HAACHTSESTEENWEG 59, 1831- MACHELEN · event 07-07-2026
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 167 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 532 days late
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Machelen (Brab.) · 1 establishment unit since 2023
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.
Oude Haachtsesteenweg 591831 Machelen (Brab.)Ground area
802 m²
Building footprint
424 m²
Volume, LiDAR
1,207 m³
2 parcels, Brussels, Flanders · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ISO HAZAR
since 20232.344.202.265
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015C0111/00W000 | Flanders | 649 m² | 1 · 329 m² | - |
| 21906D0104/00D005 | Brussels | 152 m² | 1 · 95 m² | 18.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
07-07-2026 → present |
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Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 816 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-04-2023
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.