ISOBO
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 24-07-2025, 174 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2024
174 d late
2023
51 d late
2022
67 d late
2021
47 d late
2020
32 d late
2019
73 d late
2018
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 59 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.9m▲ 237%
2023 · €871,064
Total assets
€4.0m▲ 61.2%
2023 · €2.5m
Net result
€498,426
2023 · -€174,684
Working capital
€932,319
2023 · -€60,700
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
Line20202021202220232024
Operating result€45,573▲ 37,301%€89,058▲ 95.4%€43,060▼ 51.7%-€156,029€688,452
Net result€37,817▲ 99.3%€67,710▲ 79.0%€28,043▼ 58.6%-€174,684€498,426
Equity€1.6m▼ 10.1%€1.4m▼ 9.4%€1.2m▼ 13.4%€871,064▼ 29.7%€2.9m▲ 237%
Total assets€4.4m▲ 11.7%€3.1m▼ 28.8%€2.6m▼ 16.4%€2.5m▼ 4.6%€4.0m▲ 61.2%
Debt€2.7m▲ 30.5%€1.6m▼ 40.5%€1.3m▼ 19.2%€1.6m▲ 20.8%€897,813▼ 43.7%
Working capital€1.1m▲ 15.7%€895,268▼ 16.9%€269,485▼ 69.9%-€60,700€932,319
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €688,452 after a loss of €156,029 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.0m
Fixed assets
€2.7m ▲ 82.5%
Current assets
€1.3m ▲ 30.2%
Equity and liabilities €4.0m
Equity
€2.9m ▲ 237%
Provisions
€173,136 ▲ 766%
Debt
€897,813 ▼ 43.7%
Debt's share of the balance-sheet total falls from 64.2% to 22.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€724,243▲
2023 · -€59,134
Cash flow
€534,217▲
2023 · -€77,789
Current ratio
3.40▲
2023 · 0.94
Debt to equity
0.31▼
2023 · 1.83
ROE
17.0%▲
2023 · -20.1%
ROA
12.4%▲
2023 · -7.0%
Interest coverage
22.14▲
2023 · -1.30
Debt ≤ 1 year
€388,154▼
2023 · €1.1m
Debt > 1 year
€483,070=
2023 · €483,070
Income taxes
€14,206▲
2023 · €186
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €634,219 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €108,126 | €91,701 | €89,201 | €96,896 | €35,791 | ▼ 63.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €21,502 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €11,859 | €19,300 | €118,223 | €1,234 | ▼ 99.0% |
| Non-recurring operating charges66A | - | - | - | €83,534 | €0 | ▼ 100% |
| Gross operating margin9900 | €164,772 | €192,619 | €151,560 | €164,125 | €725,477 | ▲ 342% |
| Operating profit (loss)9901 | €45,573 | €89,058 | €43,060 | -€156,029 | €688,452 | ▲ 541% |
| Financial income75/76B | - | €27,626 | €25,176 | €27,074 | €10,019 | ▼ 63.0% |
| Recurring financial income75 | €30,994 | €27,626 | €25,176 | €27,074 | €10,019 | ▼ 63.0% |
| Financial charges65/66B | - | €24,430 | €27,699 | €45,543 | €32,705 | ▼ 28.2% |
| Recurring financial charges65 | €33,224 | €24,430 | €27,699 | €45,543 | €32,705 | ▼ 28.2% |
| Profit (loss) for the period before taxes9903 | €43,344 | €92,254 | €40,536 | -€174,498 | €665,766 | ▲ 482% |
| Transfer from deferred taxes780 | - | €4,519 | €4,520 | - | €400 | - |
| Transfer to deferred taxes680 | - | - | - | - | €153,534 | - |
| Income taxes67/77 | €10,048 | €29,063 | €17,013 | €186 | €14,206 | ▲ 7,532% |
| Profit (loss) for the period9904 | €37,817 | €67,710 | €28,043 | -€174,684 | €498,426 | ▲ 385% |
| Transfer from tax-exempt reserves789 | - | €11,253 | €11,255 | €91,186 | €1,200 | ▼ 98.7% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €460,601 | - |
| Profit (loss) for the period to be appropriated9905 | €49,074 | €78,963 | €39,298 | -€83,498 | €39,025 | ▲ 147% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.4m | €3.1m | €2.6m | €2.5m | €4.0m | ▲ 61.2% |
| Fixed assets21/28 | €1.6m | €1.5m | €1.4m | €1.5m | €2.7m | ▲ 82.5% |
| Tangible fixed assets22/27 | €1.5m | €1.5m | €1.4m | €1.4m | €2.6m | ▲ 85.9% |
| Land and buildings22 | - | €1.5m | €1.4m | €1.4m | €2.6m | ▲ 85.9% |
| Financial fixed assets28 | €59,616 | €59,616 | €59,616 | €59,616 | €59,616 | = |
| Current assets29/58 | €2.8m | €1.6m | €1.2m | €1.0m | €1.3m | ▲ 30.2% |
| Stocks and contracts in progress3 | €518,207 | €313,338 | €21,502 | €0 | - | - |
| Stocks30/36 | - | €313,338 | €21,502 | €0 | - | - |
| Amounts receivable within one year40/41 | €2.2m | €1.3m | €1.1m | €1.0m | €1.1m | ▲ 7.4% |
| Trade receivables40 | - | €31,285 | €35,859 | €23,679 | €61,839 | ▲ 161% |
| Other amounts receivable41 | - | €1.2m | €1.1m | €983,040 | €1.0m | ▲ 3.7% |
| Cash at bank and in hand54/58 | €89,316 | €10,884 | €2,435 | €712 | €236,407 | ▲ 33,094% |
| Deferred charges and accrued income490/1 | - | €3,100 | €3,100 | €6,616 | €2,758 | ▼ 58.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.4m | €3.1m | €2.6m | €2.5m | €4.0m | ▲ 61.2% |
| Equity10/15 | €1.6m | €1.4m | €1.2m | €871,064 | €2.9m | ▲ 237% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Revaluation surpluses12 | - | - | - | - | €1.6m | - |
| Reserves13 | €1.5m | €1.4m | €1.2m | €809,064 | €1.3m | ▲ 61.6% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | €135,622 | €124,367 | €60,007 | €519,408 | ▲ 766% |
| Distributable reserves133 | - | €1.2m | €1.0m | €742,857 | €781,882 | ▲ 5.3% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €55,867 | €51,348 | €46,829 | €20,002 | €173,136 | ▲ 766% |
| Deferred taxes168 | - | €51,348 | €46,829 | €20,002 | €173,136 | ▲ 766% |
| Amounts payable17/49 | €2.7m | €1.6m | €1.3m | €1.6m | €897,813 | ▼ 43.7% |
| Amounts payable after more than one year17 | €932,604 | €870,681 | €372,174 | €483,070 | €483,070 | = |
| Financial debts170/4 | - | €870,681 | €372,174 | €483,070 | €483,070 | = |
| Amounts payable within one year42/48 | €1.7m | €688,143 | €892,327 | €1.1m | €388,154 | ▼ 63.9% |
| Current portion of amounts payable after more than one year42 | - | €71,854 | €22,666 | €64,753 | €35,625 | ▼ 45.0% |
| Financial debts43 | - | €147,400 | €675,000 | €675,000 | €2,559 | ▼ 99.6% |
| Credit institutions430/8 | - | €147,400 | €675,000 | €675,000 | €2,559 | ▼ 99.6% |
| Trade debts44 | €973,197 | €27,618 | €56,477 | €163,564 | €162,060 | ▼ 0.9% |
| Suppliers440/4 | - | €27,618 | €56,477 | €163,564 | €162,060 | ▼ 0.9% |
| Taxes, remuneration and social security45 | - | €354,886 | €52,460 | €17,792 | €16,848 | ▼ 5.3% |
| Taxes450/3 | - | €354,886 | €52,460 | €17,792 | €16,848 | ▼ 5.3% |
| Other amounts payable47/48 | - | €86,385 | €85,724 | €153,639 | €171,062 | ▲ 11.3% |
| Accrued charges and deferred income492/3 | - | €75,000 | €55,000 | €36,702 | €26,590 | ▼ 27.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,817 | €67,710 | €28,043 | -€174,684 | €498,426 | ▲ 385% |
| + Depreciation and write-downs630 | €108,126 | €91,701 | €89,201 | €96,896 | €35,791 | ▼ 63.1% |
| Operating cash flow (approximation) | €145,943 | €159,411 | €117,244 | -€77,789 | €534,217 | ▲ 787% |
| Investment in fixed assets (approximation) | - | -€39,577 | €0 | -€124,994 | -€1.2m | ▼ 900% |
| Change in cash | - | -€78,432 | -€8,449 | -€1,723 | €235,695 | ▲ 13,781% |
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
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 174 days late
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 51 days late
30-06
Financial
Back to profitnet €498,426
Net result €498,426 after one loss-making year.
30-06
Financial
Liquidity quadruplescurrent ratio 3.40
Current ratio from 0.94 to 3.40; short-term debt falls from €1.1m to €388,154.
30-06
Financial
Equity above €2mEq €2.9m ▲237%
Equity rises from €871,064 to €2.9m.
2023
31-12
Financial
Weakest financial yearnet -€174,684
Net result drops to -€174,684, the lowest in the series.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 67 days late
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 47 days late
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 32 days late
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 73 days late
2019
31-12
Financial
Back to profitnet €18,979
Net result €18,979 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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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Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- HOLDCO
- ISOBO
Highest known parent: HOLDCO. The sources do not say who stands above it.
Owners 1
- HOLDCOparentSourceaccounts HOLDCO 202399.57%
Holdings 1
-
7.26%
According to the annual accounts to 30-06-2024 of ISOBO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.