ISOX BELGIUM
ActiveSummary
ISOX BELGIUM has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.12M and a net result of €247k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-5
Solvency96▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 3.34 against 3.08 in 2024; short-term debt: 28.5% and cash: 23.9% of total assets), and 28.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← 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 2025Solvency, return and age of the figures
Solvency
71.5%
Return on assets
15.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
35 d early
2024
37 d early
2023
33 d early
2022
6 d early
2021
10 d early
2020
9 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.12M▲ 4.3%
2024 · €1.08M
2018: €297k
2019: €469k
2020: €503k
2021: €619k
2022: €797k
2023: €967k
2024: €1.08M
2018 → 2025
Total assets
€1.57M▲ 0.8%
2024 · €1.56M
2018: €565k
2019: €758k
2020: €854k
2021: €1.14M
2022: €1.35M
2023: €1.45M
2024: €1.56M
2018 → 2025
Net result
€247k▼ 20.0%
2024 · €308k
2018: €139k
2019: €173k
2020: €97k
2021: €266k
2022: €328k
2023: €320k
2024: €308k
2018 → 2025
Working capital
€1.05M▲ 6.1%
2024 · €986k
2018: €286k
2019: €462k
2020: €451k
2021: €653k
2022: €787k
2023: €857k
2024: €986k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€619k-€797k▲ 28.8%€967k▲ 21.3%€1.08M▲ 11.2%€1.12M▲ 4.3%
Operating result€378k-€432k▲ 14.3%€408k▼ 5.4%€412k▲ 0.9%€333k▼ 19.3%
Net result€266k-€328k▲ 23.5%€320k▼ 2.5%€308k▼ 3.7%€247k▼ 20.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.57M
Fixed assets
€75k ▼ 21.8%
Current assets
€1.49M ▲ 2.3%
Equity and liabilities €1.57M
Equity
€1.12M ▲ 4.3%
Debt
€448k ▼ 7.2%
Debt's share of the balance-sheet total falls from 31.0% to 28.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€354k▼
2024 · €433k
Cash flow
€268k▼
2024 · €329k
Current ratio
3.34▲
2024 · 3.08
Quick ratio
1.60▼
2024 · 1.73
Debt to equity
0.40▼
2024 · 0.45
ROE
22.0%▼
2024 · 28.7%
ROA
15.7%▼
2024 · 19.8%
Interest coverage
7.75▼
2024 · 11.17
Debt ≤ 1 year
€448k▼
2024 · €475k
Income taxes
€88k▼
2024 · €111k
Staff costs
€193k▼
2024 · €205k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.56M€1.57M▲
Fixed assets21/28€96k€75k▼
Tangible fixed assets22/27€96k€74k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€49k€35k▼
Other tangible fixed assets26€43k€36k▼
Financial fixed assets28€150€950▲
Current assets29/58€1.46M€1.49M▲
Stocks and contracts in progress3€640k€777k▲
Stocks30/36€640k€777k▲
Amounts receivable within one year40/41€414k€334k▼
Trade receivables40€375k€279k▼
Other amounts receivable41€38k€55k▲
Cash at bank and in hand54/58€396k€375k▼
Deferred charges and accrued income490/1€12k€9k▼
Equity and liabilities
Total equity and liabilities10/49€1.56M€1.57M▲
Equity10/15€1.08M€1.12M▲
Contributions10/11€20k€20k=
Reserves13€1.05M€1.10M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1.05M€1.09M▲
Profit (loss) carried forward14€5k€5k=
Amounts payable17/49€482k€448k▼
Amounts payable within one year42/48€475k€448k▼
Financial debts43€185k€169k▼
Credit institutions430/8€151k€152k▲
Other loans439€34k€17k▼
Trade debts44€28k€28k▲
Suppliers440/4€28k€28k▲
Taxes, remuneration and social security45€63k€52k▼
Taxes450/3€39k€39k▲
Remuneration and social security454/9€24k€12k▼
Other amounts payable47/48€199k€199k=
Accrued charges and deferred income492/3€7k€0▼
Income statement
Code20242025
Non-recurring operating income76A€11k-
Remuneration, social security and pensions62€205k€193k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€22k▲
Other operating charges640/8€10k€10k=
Gross operating margin9900€648k€557k▼
Operating profit (loss)9901€412k€333k▼
Financial income75/76B€45k€48k▲
Recurring financial income75€45k€48k▲
Financial charges65/66B€39k€46k▲
Recurring financial charges65€39k€46k▲
Profit (loss) for the period before taxes9903€419k€334k▼
Income taxes67/77€111k€88k▼
Profit (loss) for the period9904€308k€247k▼
Profit (loss) for the period to be appropriated9905€308k€247k▼
Appropriation of the result
Profit (loss) to be appropriated9906€313k€252k▼
Profit (loss) brought forward from the previous period14P€5k€5k=
Transfer to equity691/2€108k€47k▼
To other reserves6921€108k€47k▼
Profit to be distributed694/7€200k€200k=
Return on contributions (dividend)694€200k€200k=
Social balance
Average headcount (FTE)90873.62.1▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €1MEq €1.08M ▲11.2%
7 profitable years in a row build equity to €1.08M.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €328k ▲23.5%
Operating result €432k, net result €328k, both a record.
20-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €97k ▼44.1%
Net result drops to €97k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €500kEq €503k ▲7.1%
3 profitable years in a row build equity to €503k.
08-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waregem · 1 establishment unit since 2015
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.
Pitantiestraat 1208792 WaregemGround area
1,434 m²
Building footprint
1,089 m²
Parcel 34010A0836/00R000, Flanders. Linked by address, not a title deed.
1 establishment unit
iSOX
since 20152.247.958.865
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010A0836/00R000 | Flanders | 1,434 m² | 1 · 1,089 m² | - |
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
2024 · 1 entry · 1,200 EUR awarded · 1,200 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,200 EUR | 1,200 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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Europlex
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CETEC
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Insulco
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DELOGE
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Anderlecht · Eq €1.06M
Of 629 companies in sector 22240 we hold annual accounts for 360. 191 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2015
Fiscal year end30-09
Activities, NACEBEL 2025
22240Manufacture of rubber and plastic products
25510Coating of metals
46831Wholesale of construction materials, general range
46839Wholesale trade
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.