Equity
€1.8m ▲ 2.7%
ISPA has made a profit in every financial year since 2018.
ISPA
Lifetime
7 annual accounts with figures on one time axis, 8 filings since 2017peak €283,915 (2018)
€114,446▲ 24.4%
peak €196,896 (2018)
€46,694▼ 4.0%
peak €1.8m (2024)
€1.8m▲ 2.7%
€62,730▼ 17.3%
Board5 names since 2017
3 directors and 2 others
Documentsfilings and deeds
10-10-202571 days late
2024micro format
Gross margin from €92,032 to €114,446Changes of role: (director) and (director) 21-06Debts from €75,895 to €62,730Investments €92,768Cash from €48,194 to €7,172
Key points
from the 2024 annual accountsInvestments
€92,768 3.4 × depreciation
Green is investment, beige is depreciation.
Filings
8 annual accounts 107 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,637 companies had the same profile as ISPA has now. Each dot stands for 5 companies, two years later.
95.4%
were still trading
3.7%
stopped another way
0.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,637 companies, not a prediction for ISPA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Manager
Manager
Director
- partnerdeed of 09-11-2017
- partnerdeed of 09-11-2017
- partnerdeed of 09-11-2017
Recent changes
Changes of role: (director) and (director)
General meeting of 21-05-2024 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Mechelen
Appointment: (manager)
General meeting of 13-03-2019 · Gazette deed
First establishment
Guldenbergplantsoen 5, Kortrijk
Official details
Source: KBO- Status
- Active since 09-10-2017Normal situation
- Activity
- “Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van een…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.270.726.6468500 Kortrijk, since 30-10-2017
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on ISPA
ISPA files the micro format. That format states no turnover. The gross margin fell from €283,915 in 2018 to €114,446 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ISPA
- What is the company number of ISPA?
- The company number of ISPA is 0683.821.888. The VAT number is the same number with BE in front: BE 0683.821.888.
- Where is ISPA based?
- The registered office is at Guldenbergplantsoen 5, 8500 Kortrijk.Company details
- What is the legal form of ISPA?
- ISPA is a private limited company (BV).
- When was ISPA founded?
- ISPA was founded on 09-10-2017.
- Is ISPA still active?
- Yes, ISPA is an active enterprise in the KBO register.
- What is the turnover of ISPA?
- The turnover in financial year 2024 is ≈ €280,000. This figure is estimated from the gross margin of €114,446 and 2,459 comparable companies of the same size. It probably lies between €190,000 and €440,000. It is a rough estimate.Financials
- Is ISPA profitable?
- In financial year 2024, ISPA made a profit of €46,694.
- Where can I find the annual accounts of ISPA?
- ISPA filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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