Financials
- Financial year
- 2022
- Total assets
- €9,015
- Loss
- -€8,962
- Solvency
- -300.2%
Total assets▲ 119%
Net result
20192022
ISOWATT Solutions
ActiveSummary
The computed 12-month bankruptcy probability of ISOWATT Solutions is 11.9% (high). For ISOWATT Solutions, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€27,063) and a net result of -€8,962. Equity is shrinking by about 57% per year across the filed financial years. Its solvency ranks better than 5% of 7,946 sector peers (NACE 41, financial year 2022). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€9,015total assets 2022
- Equity
- -€27,063
- Loss
- -€8,962
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 11.9%
2022 figures too old to score
Structure
Accounts 982 days overdue0 of 6 deeds read
Signalsraises riskFigures for financial year 2022 (filed 02-01-2023)3 financial years not filed after the legal deadlineEx-officio strike-off in the KBOTwo or more financial years not filedAdministrative warnings in the KBO publicationslowers riskSize: total assets €9,015neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency
0=
equity -300.2% of total assets
Liquidity
21-29
short-term debt 400.2% · cash 16.5%
Profitability
0=
return on assets -99.4%
Bankruptcy probability, 12 months
11.9%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.3%lowest value
12-2024: 7.9%▲ +3.6 percentage points vs 11-2024
01-2025: 7.9%● unchanged vs 12-2024
02-2025: 12.7%▲ +4.8 percentage points vs 01-2025highest value
03-2025: 12.7%● unchanged vs 02-2025highest value
04-2025: 12.7%● unchanged vs 03-2025highest value
05-2025: 12.7%● unchanged vs 04-2025highest value
06-2025: 12.7%● unchanged vs 05-2025highest value
07-2025: 12.7%● unchanged vs 06-2025highest value
08-2025: 12.7%● unchanged vs 07-2025highest value
09-2025: 12.7%● unchanged vs 08-2025highest value
10-2025: 12.7%● unchanged vs 09-2025highest value
11-2025: 12.7%● unchanged vs 10-2025highest value
12-2025: 12.7%● unchanged vs 11-2025highest value
01-2026: 12.7%● unchanged vs 12-2025highest value
02-2026: 11.9%▼ -0.8 percentage points vs 01-2026
03-2026: 11.9%● unchanged vs 02-2026
04-2026: 11.9%● unchanged vs 03-2026
05-2026: 11.9%● unchanged vs 04-2026
06-2026: 11.9%● unchanged vs 05-2026
07-2026: 11.9%● unchanged vs 06-2026
08-2026: 11.9%● unchanged vs 07-2026
09-2026: 11.9%● unchanged vs 08-2026
10-2026: 11.9%● unchanged vs 09-2026
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Signals
Seven signals.
−lowers risk+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2023 year end31-01-2024 deadline09-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 02-01-2023, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
29 days early
2021
32 days early
2020
5 days early
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 21 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Address struckevent 11-09-2024
- Annual accounts filedfinancial year 2022 · micro…
- Annual accounts filedfinancial year 2021 · micro…
Key points
- Risk: Accounts not fileddeadline was 31-01-2024 982 days late View
- Risk: Negative equityfinancial year 2022: debts exceed assets -€27,063 View
- Risk: 4 loss-making years in a rowloss financial year 2022 -€8,962 View
- Caution: Among the weakest 5% on solvencysector median 39.8% · 7,946 companies -300.2% View
By topic
Timeline
- Events
- 19
- Since
- 2007
- 26-01-2021Annual accounts filed
- 30-06-2020Weakest financial year
- 15-01-2020Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 01-02-2005
- Year ends
- 30-06
- Peppol
- Not found in the Peppol directory
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