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ISO-PROF-BAT

Inactive
KBO/BCE: BE 0757.632.059

ISO-PROF-BAT was declared bankrupt on 25-06-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 18-02-2025, published in the Belgian State Gazette on 25-02-2025.

Summary

Inactive; last annual accounts for fiscal year 2021.

Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 27-09-2022, 58 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 · 1 filing
Deviation from the deadline
2021
58 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2021 accounts 58 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.

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

History

ISO-PROF-BAT has filed annual accounts once, for fiscal year 2021.1 The company was declared bankrupt on 25 June 2024; the bankruptcy was closed on 18 February 2025.23

  1. 1National Bank, annual accounts 2021
  2. 2Belgian State Gazette, 01-07-2024
  3. 3Belgian State Gazette, 25-02-2025

Financials · fiscal year 2021, micro schema

Equity
€57,528
Total assets
€138,736
Net result
€53,528
Working capital
€56,966

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €138,736
Fixed assets €563
Current assets €138,173
Equity and liabilities €138,736
Equity €57,528
Debt €81,207
Debt finances 58.5% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
€67,850
Cash flow
€54,466
Current ratio
1.70
Debt to equity
1.41
ROE
93.0%
ROA
38.6%
Interest coverage
31412.15
Debt ≤ 1 year
€81,207
Income taxes
€13,382
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 32 lines
Balance sheet Code2021
Assets
Total assets20/58€138,736
Fixed assets21/28€563
Tangible fixed assets22/27€563
Furniture and vehicles24€563
Current assets29/58€138,173
Amounts receivable within one year40/41€135,647
Trade receivables40€39,688
Other amounts receivable41€95,959
Cash at bank and in hand54/58€2,526
Equity and liabilities
Total equity and liabilities10/49€138,736
Equity10/15€57,528
Contributions10/11€4,000
Outside capital11€4,000
Other1109/19€4,000
Profit (loss) carried forward14€53,528
Amounts payable17/49€81,207
Amounts payable within one year42/48€81,207
Trade debts44€49,803
Suppliers440/4€49,803
Taxes, remuneration and social security45€31,405
Taxes450/3€13,382
Remuneration and social security454/9€18,023
Income statement Code2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€938
Gross operating margin9900€67,850
Operating profit (loss)9901€66,913
Financial charges65/66B€2
Recurring financial charges65€2
Profit (loss) for the period before taxes9903€66,911
Income taxes67/77€13,382
Profit (loss) for the period9904€53,528
Profit (loss) for the period to be appropriated9905€53,528
Appropriation of the result
Profit (loss) to be appropriated9906€53,528

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

Line2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€938
Gross operating margin9900€67,850
Operating profit (loss)9901€66,913
Financial charges65/66B€2
Recurring financial charges65€2
Profit (loss) for the period before taxes9903€66,911
Income taxes67/77€13,382
Profit (loss) for the period9904€53,528
Profit (loss) for the period to be appropriated9905€53,528
Line2021
Assets
Total assets20/58€138,736
Fixed assets21/28€563
Tangible fixed assets22/27€563
Furniture and vehicles24€563
Current assets29/58€138,173
Amounts receivable within one year40/41€135,647
Trade receivables40€39,688
Other amounts receivable41€95,959
Cash at bank and in hand54/58€2,526
Equity and liabilities
Total equity and liabilities10/49€138,736
Equity10/15€57,528
Contributions10/11€4,000
Outside capital11€4,000
Other1109/19€4,000
Profit (loss) carried forward14€53,528
Amounts payable17/49€81,207
Amounts payable within one year42/48€81,207
Trade debts44€49,803
Suppliers440/4€49,803
Taxes, remuneration and social security45€31,405
Taxes450/3€13,382
Remuneration and social security454/9€18,023
Line2021
Profit (loss) for the period9904€53,528
+ Depreciation and write-downs630€938
Operating cash flow (approximation)€54,466

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-02
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 18-02-2025
2024
01-07
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 25-06-2024
2022
27-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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

Insolvency mandates

1 mandate
Role Name Tenure
Curator WIM HEETHEM
WATERLOOSESTEENWEG 412/F, 1050 BRUSSEL 5
25-06-2024 → 18-02-2025