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ISOCOM TRANSPORT

Active
Public limited companyfounded 199036 yrs activeIndustrielaan 30, 1740 Ternat, BelgiumKBO/BCE: BE 0440.274.486

ISOCOM TRANSPORT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.93M and a net result of €258k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 79% of 1850 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▼-2
Solvency94▲+8
Growth63=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 2.22 in 2023; short-term debt: 24.5% and cash: 10% of total assets), and 31.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
68.5%
Return on assets
9.1%
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 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
31 d late
2022
61 d late
2021
29 d late
2020
1 d early
2019
33 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, abbreviated schema

Turnover
€4.23M▲ 29.4%
2021 · €3.27M
2018: €4.20M 2019: €3.89M 2020: €3.20M 2021: €3.27M
2018 → 2022
EBIT margin
4.3%▲ 6.7pp
2021 · -2.3%
2018: 2.7% 2019: 4.6% 2020: 0.5% 2021: -2.3%
2018 → 2022
Net result
€258k▼ 12.7%
2023 · €295k
2018: €87k 2019: €147k 2020: €27k 2021: €-58k 2022: €165k 2023: €295k
2018 → 2024
Working capital
€763k▼ 26.4%
2023 · €1.04M
2018: €250k 2019: €260k 2020: €323k 2021: €370k 2022: €517k 2023: €1.04M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€3.20M-€3.27M▲ 2.0%€4.23M▲ 29.4%
Equity€1.34M-€1.26M▼ 5.6%€1.41M▲ 11.9%€1.69M▲ 19.9%€1.93M▲ 14.4%
Operating result€16k-€-77k€184k€359k▲ 95.5%€325k▼ 9.6%
Net result€27k-€-58k€165k€295k▲ 79.0%€258k▼ 12.7%
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2020: €16k€16kNet result 2020: €27k€27kOperating result 2021: €-77k€-77kNet result 2021: €-58k€-58kOperating result 2022: €184k€184kNet result 2022: €165k€165kOperating result 2023: €359k€359kNet result 2023: €295k€295kOperating result 2024: €325k€325kNet result 2024: €258k€258k20202021202220232024
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.82M
Fixed assets €1.37M▲ 56.5%
Current assets €1.45M▼ 23.0%
Equity and liabilities €2.82M
Equity €1.93M▲ 14.4%
Debt €889k▼ 17.0%
The debt ratio falls from 38.8% to 31.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€547k
2023 · €568k
Cash flow
€480k
2023 · €504k
Solvency
68.5%
2023 · 61.2%
Current ratio
2.10
2023 · 2.22
Quick ratio
2.10
2023 · 2.22
Debt / equity
0.46
2023 · 0.63
ROE
13.3%
2023 · 17.5%
ROA
9.1%
2023 · 10.7%
Interest coverage
32.42
2023 · 46.35
Debt
€889k
2023 · €1.07M
Debt ≤ 1 year
€691k
2023 · €851k
Debt > 1 year
€197k
2023 · €219k
Income taxes
€82k
2023 · €81k
Staff costs
€1.40M
2023 · €1.48M
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€2.76M€2.82M
Fixed assets21/28€875k€1.37M
Tangible fixed assets22/27€471k€333k
Plant, machinery and equipment23€14k€2k
Furniture and vehicles24€43k€16k
Leasing and similar rights25€413k€314k
Financial fixed assets28€405k€1.04M
Current assets29/58€1.89M€1.45M
Amounts receivable within one year40/41€852k€776k
Trade receivables40€815k€761k
Other amounts receivable41€38k€15k
Cash at bank and in hand54/58€658k€284k
Deferred charges and accrued income490/1€377k€394k
Equity and liabilities
Total equity and liabilities10/49€2.76M€2.82M
Equity10/15€1.69M€1.93M
Contributions10/11€166k€166k=
Capital10€166k€166k=
Issued capital100€166k€166k=
Reserves13€1.51M€1.76M
Non-distributable reserves130/1€17k€17k=
Legal reserve130€17k€17k=
Tax-exempt reserves132€954k€960k
Distributable reserves133€537k€789k
Investment grants15€18k€3k
Amounts payable17/49€1.07M€889k
Amounts payable after more than one year17€219k€197k
Financial debts170/4€219k€197k
Amounts payable within one year42/48€851k€691k
Current portion of amounts payable after more than one year42€161k€92k
Financial debts43€31k€30k
Other loans439€31k€30k
Trade debts44€494k€404k
Suppliers440/4€494k€404k
Taxes, remuneration and social security45€165k€164k
Taxes450/3€30k€21k
Remuneration and social security454/9€135k€143k
Accrued charges and deferred income492/3€2k€1k
Income statement Code20232024
Remuneration, social security and pensions62€1.48M€1.40M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€209k€222k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€18k€17k
Gross operating margin9900€2.07M€1.96M
Operating profit (loss)9901€359k€325k
Financial income75/76B€29k€31k
Recurring financial income75€29k€31k
Financial charges65/66B€12k€17k
Recurring financial charges65€12k€17k
Profit (loss) for the period before taxes9903€376k€339k
Income taxes67/77€81k€82k
Profit (loss) for the period9904€295k€258k
Transfer to tax-exempt reserves689€46k€6k
Profit (loss) for the period to be appropriated9905€249k€252k
Appropriation of the result
Profit (loss) to be appropriated9906€249k€252k
Transfer to equity691/2€249k€252k
To other reserves6921€249k€252k
Social balance
Average headcount (FTE)908725.124.1

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-12
Financial Highest result since 2018net €295k ▲79%
Operating result €359k, net result €295k, both a record.
30-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 61 days late
2022
31-12
Financial Back to profitnet €165k
Net result €165k after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial Weakest financial yearnet €-58k ▼319%
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
02-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 33 days late
2019
23-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 54 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
11-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 11 days late
2016
27-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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
establishment The establishment unit on the map
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.

Industrielaan 301740 Ternat
Ground area
4,371 m²
Building footprint
4,369 m²
Volume, LiDAR
33,735 m³
Parcel 23086B0354/00N003, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Industrielaan 30, 1740 Ternat
Air transport
since 19902.047.674.948
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23086B0354/00N003 Flanders 4,371 m² 1 · 4,369 m² 9.8 m · 3 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 8 entries · 107,593 EUR awarded · 6,553 EUR paid
Year Entries awardedpaid
2025 2 101,541 EUR501 EUR
2024 1 492 EUR492 EUR
2023 3 3,600 EUR3,660 EUR
2022 2 1,960 EUR1,900 EUR
Schemes
Ecologiepremie+
1 entry · 100,907 EUR · Fonds voor Innoveren en Ondernemen
Subsidies ecologisch en veilig transport (stopgezet)
1 entry · 3,000 EUR · 3,000 EUR paid · Departement Mobiliteit en Openbare Werken
Vlaams opleidingsverlof (VOV)
2 entries · 2,023 EUR · 2,023 EUR paid · Departement Werk en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 1,663 EUR · 1,530 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Ternat2.047.674.948
4 permissions
Vervoer andere dan levensmiddelen · since 08-10-2024
Vervoer van diervoeders · since 08-10-2024
Vervoer kamer t° levensmiddelen · since 09-10-2009
and 1 more

Similar companies · same sector, comparable size

Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 3,074 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded22-02-1990
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 35 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.