ISR COMPANY
The computed 12-month bankruptcy probability of ISR COMPANY is 3.0% (moderate). The 2024 annual accounts show equity of €4k and a net result of €2k. Equity is shrinking by ~169% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 13% of 11121 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4k |
| Net result | €2k |
| Better than sector | 13% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.3% | 40.9% | |
| Net result | €2k | €11k | |
| Equity | €4k | €34k | |
| Gross operating margin | €7k | €35k | |
| Staff costs | €-142 | €24k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €7k |
| Net profit | €2k |
| Cash flow | €7k |
| Staff costs | €-142 |
| Income taxes | €256 |
| Dividends | - |
| Total assets | €56k |
| Equity | €4k |
| Debt | €53k |
| of which ≤ 1y | €53k |
| of which > 1y | - |
| Working capital | €-2k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.96 |
| Quick ratio | 0.96 |
| Working capital ratio | -3.4% |
| Solvency | 6.3% |
| Debt / equity | 14.88 |
| Long-term debt ratio | - |
| Interest coverage | 88.75 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.9% |
| ROE | 46.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €56k |
| Fixed assets | 21/28 | €5k |
| Tangible fixed assets | 22/27 | €5k |
| Financial fixed assets | 28 | €225 |
| Current assets | 29/58 | €51k |
| Amounts receivable within one year | 40/41 | €51k |
| Cash & bank | 54/58 | €259 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €56k |
| Equity | 10/15 | €4k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €3k |
| Amounts payable | 17/49 | €53k |
| Amounts payable within one year | 42/48 | €53k |
| Trade debts payable within one year | 44 | €12k |
| Income statement | ||
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €2k |
| Financial income | 75 | €24 |
| Financial charges | 65 | €80 |
| Result before taxes | 9903 | €2k |
| Income taxes | 67/77 | €256 |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
-
Ivanov Rumen MarinovDirectorState Gazette act 23005669 (11-01-2023)Current01-01-2023 → present
Former directors (1)
-
Ibryam Sevdzhihan RidvanDirectorState Gazette act 23005669 (11-01-2023)Former- → 31-12-2022
| NACE primary | Overige werkzaamheden in verband met de afwerking van gebouwen(43350) |
| Legal form | Private limited company(610) |
| Incorporation | 11-03-2022 |
| Status | Active |
| Postal code | - |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 fl. |
| 23084A0271/00V003 | Flanders | 3,448 m² | 1 · 267 m² | 8.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-09-2025 Registered office moved from Grimbergen to Zaventem
- Kleinewinkellaan, 64 1853 Grimbergen (BE → Excelsiorlaan 71-1930 Zaventem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Excelsiorlaan 71-1930 Zaventem",
"city": "Zaventem",
"region": "vlaams_gewest",
"street": "Excelsiorlaan",
"country": "BE",
"postcode": "1930",
"box_number": null,
"street_number": "71",
"locality_suffix": null
},
"old_address": {
"raw": "Kleinewinkellaan, 64 1853 Grimbergen (BE",
"city": "Grimbergen",
"region": "vlaams_gewest",
"street": "Kleinewinkellaan",
"country": "BE",
"postcode": "1853",
"box_number": null,
"street_number": "64",
"locality_suffix": "(BE"
},
"effective_date": "2025-04-14",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-09-03",
"filing_date": "2025-08-27",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-04-14",
"unanimous": true
},
"subject_company": {
"kbo": "0783.344.680",
"name_full": "ISR COMPANY",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Ivanov Rumen Marino",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}11-01-2023 1 director appointed, 1 resigning
- Ivanov Rumen Marinov, Bestuurder
- Ibryam Sevdzhihan Ridvan, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Ibryam Sevdzhihan Ridvan",
"address": "Avenue Paul Deschanel 181/b005, 1030 Schaerbeek",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "end_of_term",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-12-31",
"evidence_quote": "Mevrouw Ibryam Sevdzhihan Ridvan, gedomicilieerde te Avenue Paul Deschanel 181/b005, 1030 Schaerbeek, neemt ontslag uit zijn bestuurder mandaat vanaf 31 december 2022. De algemerne vergadering verleent kwijting aan de bestuurder voor de uitoefening van hun mandaat.",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_date",
"value": "2022-12-31"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Ivanov Rumen Marinov",
"address": "Avenue Paul Deschanel 181/b005, 1030 Schaerbeek",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-01-01",
"evidence_quote": "De algemene vergadering beslist de benoeming van Mijnheer Ivanov Rumen Marinov, gedomicilieerde te Avenue Paul Deschanel 181/b005, 1030 Schaerbeek, als bestuurder vanaf 1 januari 2023.",
"decharge_status": null,
"mandate_duration": {
"kind": "until_date",
"value": "2023-01-01"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-01-03",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-12-31",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-01-03",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0783.344.680",
"name_full": "ISR COMPANY",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Ibryam Sevdzhihan Ridvan",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | ISR COMPANY |