Losses
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The 2016 accounts came latest: 58 days after the end of the period.
Less equity than 91% of companies in head offices and management consultancy. Sector median €420,112 · 10,642 companies.
In July 2024, 4,820 companies had the same profile as ispra has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
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 4,820 companies, not a prediction for ispra. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| ispra Brussels | €103 | - | 100.0% | - |
| YUCONOS CONSULTING Merchtem | €110 | €0 | -21384.5% | - |
| E-SEA Ixelles | €147 | €192,553 | -40946.9% | - |
| Pé Stylé Halle | €175 | -€1,147 | -45761.9% | - |
| Pollyn Group Antwerp | €153 | -€66 | 31.3% | - |
| FHE Watermael-Boitsfort | €227 | -€1,925 | -11447.6% | - |
| HTUL Consulting Etterbeek | €63 | -€66 | -12210.8% | - |
These companies have the same main activity as ispra: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €63 and €227, founded between 2010 and 2019.
ispra files the abbreviated format. That format states no turnover. The gross margin rose from -€6,080 in 2016 to €387 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
103 | 241 | 1,801 | 1,729 | 1,645 | 2,024 | 1,478 | 1,851 | 2,260 | 4,709 | |
20 |
- | - | 1,424 | 1,424 | 1,424 | 1,424 | 1,424 | 1,424 | 1,424 | 1,424 | |
21/28 |
8 | 8 | 8 | 8 | 8 | - | - | - | - | - | |
28 |
8 | 8 | 8 | 8 | 8 | - | - | - | - | - | |
29/58 |
95 | 233 | 369 | 297 | 213 | 600 | 54 | 427 | 836 | 3,285 | |
54/58 |
95 | 233 | 369 | 297 | 213 | 600 | 54 | 427 | 836 | 3,285 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
103 | 241 | 1,801 | 1,729 | 1,645 | 2,024 | 1,478 | 1,851 | 2,260 | 4,709 | |
10/15 |
103 | 241 | 367 | 295 | 711 | 1,524 | 978 | 1,851 | 2,260 | 4,709 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
10 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | - | - | - | - | - | |
100 |
18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
101 |
6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | 6,150 | |
14 |
-12,297 | -12,159 | -12,033 | -12,105 | -11,689 | -10,876 | -11,422 | -10,549 | -10,140 | -7,691 | |
17/49 |
- | - | 1,434 | 1,434 | 934 | 500 | 500 | - | - | - | |
42/48 |
- | - | 1,434 | 1,434 | 934 | 500 | 500 | - | - | - | |
47/48 |
- | - | 1,434 | 1,434 | 934 | 500 | 500 | - | - | - | |
| Income statement | |||||||||||
70 |
- | - | - | - | - | - | - | 500 | - | - | |
9900 |
- | 387 | 500 | - | -424 | 1,076 | -424 | 36 | -1,585 | -6,080 | |
60/61 |
- | - | - | - | - | - | 424 | 464 | 1,585 | 6,080 | |
630 |
- | - | - | - | - | - | - | - | - | 356 | |
640/8 |
88 | 462 | 384 | 348 | 348 | 493 | 420 | 418 | 831 | 1,198 | |
9901 |
-88 | -75 | 116 | -348 | -772 | 583 | -844 | -382 | -2,416 | -7,634 | |
65/66B |
50 | 51 | 44 | 68 | 41 | 37 | 29 | 27 | 33 | 57 | |
65 |
50 | 51 | 44 | 68 | 41 | 37 | 29 | 27 | 33 | 57 | |
9903 |
-138 | -126 | 72 | -416 | -813 | 546 | -873 | -409 | -2,449 | -7,691 | |
9904 |
-138 | -126 | 72 | -416 | -813 | 546 | -873 | -409 | -2,449 | -7,691 | |
9905 |
-138 | -126 | 72 | -416 | -813 | 546 | -873 | -409 | -2,449 | -7,691 | |
| Appropriation of the result | |||||||||||
9906 |
-12,297 | -12,159 | -12,033 | -12,105 | -11,689 | -10,876 | -11,422 | -10,549 | -10,140 | -7,691 | |
14P |
-12,159 | -12,033 | -12,105 | -11,689 | -10,876 | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-08-2026.
2025 annual accounts filed 16 days after the deadline. Filed on 16 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00400212.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-08-2026 | 2026-00400212 | |
| 31-12-2024 | abbreviated format | 11-08-2025 | 2025-00368173 | |
| 31-12-2023 | abbreviated format | 15-08-2024 | 2024-00346026 | |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00367802 | |
| 31-12-2021 | abbreviated format | 22-08-2022 | 2022-20301048 | |
| 31-12-2020 | abbreviated format | 23-08-2021 | 2021-52700042 | |
| 31-12-2019 | abbreviated format | 28-08-2020 | 2020-48400253 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-58900458 | |
| 31-12-2017 | abbreviated format | 29-08-2018 | 2018-54000084 | |
| 31-12-2016 | abbreviated format | 27-09-2017 | 2017-63500186 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | -7,278 | ||
| - | - | - | - | - | - | - | - | - | -7,335 | ||
| -138 | -136 | 72 | 84 | -387 | 546 | -373 | -409 | -2,449 | - | ||
| - | - | -1,065 | -1,137 | -721 | 100 | -446 | - | - | - | ||
| - | - | - | - | - | - | - | -76.4% | - | - |
The ratios are withheld because a balance sheet total of €103 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €88, larger than the loss of €75 in 2024. It is the lowest result since 2022.
ispra has no parent and no holdings in its annual accounts. is the only director. ispra shares no director with another company.
| CIGO
registered office since 27-09-2019 · founded in 2019 |
total assets €190,171 (2025) 0735.362.938 |
| SOBASCO
establishment since 01-06-2015 · founded in 2015 · negative equity (2025) |
total assets €27,005 (2025) 0631.681.321 |
| Biesemans, Daniel (sole trader)
establishment since 23-09-2024 |
founded in 2026 0557.605.092 |
| Odent, Stéphane (sole trader)
establishment since 16-01-1997 |
founded in 1997 0666.319.526 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Emile Jacqmainlaan 130 registered office 1000 Brussels |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21812N0950/00P008 | 1,456 m² | 1 · 1,271 m² | 22.0 m · 6 |
If something looks wrong or is missing, please tell us.