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ISP Trading

Active
Coöperatieve vennootschap met onbeperkte aansprakelijkheidfounded 2011active for 14 yearsKleine Hoolstraat 5, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0840.405.327
Summary

The computed 12-month bankruptcy probability of ISP Trading is 3.3% (moderate). The 2024 annual accounts show equity of €55,168 and a net result of €86. Equity is growing by about 4.5% per year across the filed financial years. Its solvency ranks better than 31% of 15,474 sector peers (NACE 46, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Agents in the wholesale of timber and building materials
NACE 46130
3 sites
Size
€363,971total assets 2024
Equity
€55,168
Profit
€86
Turnover not published (micro format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.3%
Structure
Largest shareholder
INTERSFERA PROJECTS · 20%
Accounts 78 days overdue0 of 3 deeds read
Why 49raises riskFigures for financial year 2024 (filed 07-10-2025)1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 latelowers riskFounded in 2011Size: total assets €363,971Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 30% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 40-2
equity 15.2% of total assets
Liquidity 26-1
short-term debt 59.5% · cash 5.8%
Profitability 35-2
return on assets 0.0%
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,872 companies, NACE 46, micro)
Last 24 months 11-2024: 2.0% 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 1.9%▼ -0.1 percentage points vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.1%▲ +0.2 percentage points vs 06-2025 08-2025: 2.8%▲ +0.7 percentage points vs 07-2025 09-2025: 3.2%▲ +0.4 percentage points vs 08-2025 10-2025: 4.1%▲ +0.9 percentage points vs 09-2025highest value 11-2025: 1.5%▼ -2.6 percentage points vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.4%▼ -0.1 percentage points vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026lowest value 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.5%▲ +0.1 percentage points vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.4%▼ -0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.7 percentage points vs 07-2026 09-2026: 2.5%▲ +0.4 percentage points vs 08-2026 10-2026: 3.3%▲ +0.8 percentage points vs 09-2026
Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.97, compared with 1.08 in 2023, below 1; short-term debt: 59.5% and cash: 5.8% of total assets), and 84.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 27% on solvency, 24% on liquidity, 28% on profitability and 41% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 07-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €363,971
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
68 days late
2023
82 days late
2022
67 days late
2021
74 days late
2020
124 days late
2019
102 days late
← 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 86 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
  • Total assets 20246 financial years filed €363,971 View
  • Active since 2011founded 19-10-2011 14 years View

By topic

Financials

Financial year
2024
Total assets
€363,971
Profit
€86
Solvency
15.2%
Turnover▲ 56.9%
Net result
20182022
Go to Financials

Timeline

Events
16
Since
2013
  1. 31-12-2022Back to profit
  2. 13-10-2022Annual accounts filed
  3. 02-12-2021Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Coöperatieve vennootschap met onbeperkte aansprakelijkheid
Activity
Agents in the wholesale of timber and building…NACE 46130
Founded
19-10-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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