ISOCOM
ActiveSummary
ISOCOM has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.0m and a net result of €164,635. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 994 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability81▲+8
Solvency87▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.68 in 2023; short-term debt: 25.2% and cash: 20.8% of total assets), and 38.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
61.5%
Return on assets
9.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
68 d late
2023
on the day
2022
1 d early
2021
45 d early
2020
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 3 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#2 company by equity in Ternat, Other services sector#3 oldest company in Ternat, Other services sector#4 company by total assets in Ternat, Other services sector
Equity
€1.0m▲ 10.5%
2023 · €927,392
Total assets
€1.7m▼ 5.0%
2023 · €1.8m
Net result
€164,635▲ 165%
2023 · €62,042
Working capital
-€41,933▲ 77.2%
2023 · -€183,710
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320232024
Operating result€225,715▲ 73.2%€197,743▼ 12.4%€113,490▼ 42.6%€118,843-€234,698▲ 97.5%
Net result€144,422above the sector's middle half▲ 147%€127,427above the sector's middle half▼ 11.8%€73,330within the sector's middle half▼ 42.5%€62,042within the sector's middle half-€164,635above the sector's middle half▲ 165%
Equity€707,450above the sector's middle half▲ 25.7%€834,878above the sector's middle half▲ 18.0%€908,208above the sector's middle half▲ 8.8%€927,392above the sector's middle half-€1.0mabove the sector's middle half▲ 10.5%
Total assets€1.7mabove the sector's middle half▼ 5.3%€1.7mabove the sector's middle half▼ 0.5%€1.9mwithin the sector's middle half▲ 11.4%€1.8mwithin the sector's middle half-€1.7mwithin the sector's middle half▼ 5.0%
Debt€934,427▼ 23.0%€802,100▼ 14.2%€924,931▲ 15.3%€799,933-€620,201▼ 22.5%
Working capital-€413,401▲ 33.6%-€247,823▲ 40.1%-€218,154▲ 12.0%-€183,710--€41,933▲ 77.2%
Solvency42.1%within the sector's middle half▲ 10.4pp49.9%within the sector's middle half▲ 7.8pp48.7%within the sector's middle half▼ 1.2pp52.9%within the sector's middle half-61.5%within the sector's middle half▲ 8.6pp
Staff (FTE)22.2within the sector's middle half▲ 10.0%2.2within the sector's middle half-2.4within the sector's middle half▲ 9.1%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result +165% on 2023. The previous fiscal year ran 9 months, this one 12.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.7m
Fixed assets
€1.3m ▼ 6.1%
Current assets
€377,978 ▼ 1.0%
Equity and liabilities €1.7m
Equity
€1.0m ▲ 10.5%
Provisions
€21,121 ▼ 20.7%
Debt
€620,201 ▼ 22.5%
Debt's share of the balance-sheet total falls from 45.6% to 37.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€390,494▲
2023 · €278,569
Cash flow
€320,431▲
2023 · €221,768
Current ratio
0.90▲
2023 · 0.68
Debt to equity
0.61▼
2023 · 0.86
ROE
16.1%▲
2023 · 6.7%
ROA
9.9%▲
2023 · 3.5%
Interest coverage
13.79▲
2023 · 11.50
Debt ≤ 1 year
€419,911▼
2023 · €565,507
Debt > 1 year
€140,936▼
2023 · €184,042
Income taxes
€52,850▲
2023 · €37,014
Staff costs
€97,910▲
2023 · €66,240
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €45,206 | €65,927 | €66,240 | €97,910 | ▲ 47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €177,291 | €180,571 | €201,165 | €159,726 | €155,796 | ▼ 2.5% |
| Other operating charges640/8 | - | €15,023 | €18,052 | €12,062 | €18,401 | ▲ 52.6% |
| Gross operating margin9900 | €414,093 | €438,542 | €398,633 | €356,871 | €506,806 | ▲ 42.0% |
| Operating profit (loss)9901 | €225,715 | €197,743 | €113,490 | €118,843 | €234,698 | ▲ 97.5% |
| Financial income75/76B | - | €251 | - | €0 | €5,579 | ▲ 11,158,280% |
| Recurring financial income75 | €61 | €251 | - | €0 | €5,579 | ▲ 11,158,280% |
| Financial charges65/66B | - | €31,648 | €32,543 | €24,231 | €28,313 | ▲ 16.8% |
| Recurring financial charges65 | €39,107 | €31,648 | €32,543 | €24,231 | €28,313 | ▲ 16.8% |
| Profit (loss) for the period before taxes9903 | €186,668 | €166,346 | €80,947 | €94,611 | €211,964 | ▲ 124% |
| Transfer from deferred taxes780 | - | €4,070 | €5,218 | €4,444 | €5,520 | ▲ 24.2% |
| Income taxes67/77 | €1,872 | €42,989 | €12,835 | €37,014 | €52,850 | ▲ 42.8% |
| Profit (loss) for the period9904 | €144,422 | €127,427 | €73,330 | €62,042 | €164,635 | ▲ 165% |
| Transfer from tax-exempt reserves789 | - | €12,211 | €15,654 | €13,332 | €16,560 | ▲ 24.2% |
| Profit (loss) for the period to be appropriated9905 | €23,300 | €139,638 | €88,985 | €75,374 | €181,194 | ▲ 140% |
| Line | 2021 | 2022 | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.7m | €1.9m | €1.8m | €1.7m | ▼ 5.0% |
| Fixed assets21/28 | €1.5m | €1.3m | €1.5m | €1.4m | €1.3m | ▼ 6.1% |
| Intangible fixed assets21 | €78,892 | €66,269 | €53,647 | €44,180 | €31,557 | ▼ 28.6% |
| Tangible fixed assets22/27 | €1.4m | €1.3m | €1.4m | €1.3m | €1.3m | ▼ 5.4% |
| Land and buildings22 | - | €1.0m | €1.3m | €1.2m | €1.1m | ▼ 7.1% |
| Plant, machinery and equipment23 | - | €203,465 | €149,886 | €91,286 | €107,206 | ▲ 17.4% |
| Furniture and vehicles24 | - | €3,800 | €5,158 | €3,044 | €3,291 | ▲ 8.1% |
| Financial fixed assets28 | €124 | €124 | €124 | €124 | €124 | = |
| Current assets29/58 | €223,777 | €351,893 | €365,469 | €381,797 | €377,978 | ▼ 1.0% |
| Amounts receivable within one year40/41 | €20,028 | €9,184 | €31,744 | €36,793 | €25,581 | ▼ 30.5% |
| Trade receivables40 | - | €9,184 | €5,681 | €10,729 | €10,215 | ▼ 4.8% |
| Other amounts receivable41 | - | - | €26,064 | €26,064 | €15,367 | ▼ 41.0% |
| Current investments50/53 | - | - | - | €250,000 | - | - |
| Cash at bank and in hand54/58 | €198,324 | €336,713 | €327,481 | €83,057 | €346,162 | ▲ 317% |
| Deferred charges and accrued income490/1 | - | €5,996 | €6,243 | €11,947 | €6,234 | ▼ 47.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.7m | €1.9m | €1.8m | €1.7m | ▼ 5.0% |
| Equity10/15 | €707,450 | €834,878 | €908,208 | €927,392 | €1.0m | ▲ 10.5% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €645,477 | €772,904 | €846,234 | €865,419 | €962,554 | ▲ 11.2% |
| Non-distributable reserves130/1 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | - | €127,661 | €112,006 | €98,674 | €82,114 | ▼ 16.8% |
| Distributable reserves133 | - | €639,046 | €728,031 | €760,547 | €874,242 | ▲ 14.9% |
| Provisions and deferred taxes16 | €40,374 | €36,304 | €31,085 | €26,641 | €21,121 | ▼ 20.7% |
| Deferred taxes168 | - | €36,304 | €31,085 | €26,641 | €21,121 | ▼ 20.7% |
| Amounts payable17/49 | €934,427 | €802,100 | €924,931 | €799,933 | €620,201 | ▼ 22.5% |
| Amounts payable after more than one year17 | €273,471 | €179,112 | €299,556 | €184,042 | €140,936 | ▼ 23.4% |
| Financial debts170/4 | - | €179,112 | €299,556 | €184,042 | €140,936 | ▼ 23.4% |
| Amounts payable within one year42/48 | €637,178 | €599,716 | €583,623 | €565,507 | €419,911 | ▼ 25.7% |
| Current portion of amounts payable after more than one year42 | - | €94,360 | €113,480 | €132,158 | €43,106 | ▼ 67.4% |
| Trade debts44 | €5,046 | €14,382 | €29,401 | €48,525 | €14,435 | ▼ 70.3% |
| Suppliers440/4 | - | €14,382 | €29,401 | €48,525 | €14,435 | ▼ 70.3% |
| Taxes, remuneration and social security45 | - | €53,645 | €59,225 | €60,024 | €51,140 | ▼ 14.8% |
| Taxes450/3 | - | €49,575 | €54,054 | €53,311 | €40,504 | ▼ 24.0% |
| Remuneration and social security454/9 | - | €4,070 | €5,170 | €6,713 | €10,635 | ▲ 58.4% |
| Other amounts payable47/48 | - | €437,329 | €381,518 | €324,799 | €311,230 | ▼ 4.2% |
| Accrued charges and deferred income492/3 | - | €23,273 | €41,752 | €50,384 | €59,354 | ▲ 17.8% |
| Line | 2021 | 2022 | 2023 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €144,422 | €127,427 | €73,330 | €62,042 | €164,635 | ▲ 165% |
| + Depreciation and write-downs630 | €177,291 | €180,571 | €201,165 | €159,726 | €155,796 | ▼ 2.5% |
| Operating cash flow (approximation) | €321,712 | €307,999 | €274,495 | €221,768 | €320,431 | ▲ 44.5% |
| Investment in fixed assets (approximation) | - | -€43,486 | -€378,532 | - | -€71,498 | - |
| Change in cash | - | €138,388 | -€9,231 | - | €263,106 | - |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €164,635 ▲165%
Operating result €234,698, net result €164,635, both a record.
31-12
Financial
Equity above €1mEq €1.0m ▲10.5%
7 profitable years in a row build equity to €1.0m.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €58,453 ▼48%
Net result drops to €58,453, the lowest in the series; recovery starts the following year.
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Ternat · 1 establishment unit since 1990
Ground area
4,428 m²
Building footprint
467 m²
Volume, LiDAR
2,299 m³
Parcel 23086B0302/00H003, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Assesteenweg 47, 1740 Ternat
since 19902.046.917.952
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086B0302/00H003 | Flanders | 4,428 m² | 1 · 467 m² | 12.2 m · 2 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.
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Of 3,205 companies in sector 95316 we hold annual accounts for 753. 247 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439656953
Also
9925:BE0439656953
Registered
03-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.