ISRAE SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of ISRAE SERVICES is 5.2% (elevated). The 2025 annual accounts show equity of €18k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 261 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability88▼-7
Solvency46▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.96 against 1.41 in 2024; short-term debt: 45.3% and cash: 19.2% of total assets), but 79% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
21%
Return on assets
15.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €18k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
56 d early
2024
15 d late
2023
19 d late
2022
60 d late
2021
6 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▲ 268%
2024 · €5k
2021: €2k
2022: €1k▼ -7.6% vs 2021
2023: €1k▼ -23.3% vs 2022lowest in 5 years
2024: €5k▲ +365% vs 2023
2025: €18k▲ +268% vs 2024highest in 5 years
2021 → 2025
Total assets
€87k▲ 414%
2024 · €17k
2021: €2k
2022: €2k▼ -0.1% vs 2021lowest in 5 years
2023: €2k● 0.0% vs 2022lowest in 5 years
2024: €17k▲ +1028% vs 2023
2025: €87k▲ +414% vs 2024highest in 5 years
2021 → 2025
Net result
€13k▲ 242%
2024 · €4k
2021: €-496lowest in 5 years
2022: €-114▲ +77.1% vs 2021
2023: €-324▼ -185% vs 2022
2024: €4k▲ +1301% vs 2023
2025: €13k▲ +242% vs 2024highest in 5 years
2021 → 2025
Working capital
€38k▲ 664%
2024 · €5k
2022: €1k
2023: €1k▼ -23.3% vs 2022lowest in 4 years
2024: €5k▲ +365% vs 2023
2025: €38k▲ +664% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€1k▼ 7.6%€1k▼ 23.3%€5k▲ 365%€18k▲ 268%
2021: €2k
2022: €1k▼ -7.6% vs 2021
2023: €1k▼ -23.3% vs 2022lowest in 5 years
2024: €5k▲ +365% vs 2023
2025: €18k▲ +268% vs 2024highest in 5 years
Operating result€-492-€5k€17k▲ 259%
2021: €-492lowest value
2024: €5k
2025: €17k▲ +259% vs 2024highest value
Net result€-496-€-114▲ 77.1%€-324▼ 185%€4k€13k▲ 242%
2021: €-496lowest in 5 years
2022: €-114▲ +77.1% vs 2021
2023: €-324▼ -185% vs 2022
2024: €4k▲ +1301% vs 2023
2025: €13k▲ +242% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 259% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets
€10k
Current assets
€77k
Equity and liabilities €87k
Equity
€18k ▲ 268%
Debt
€69k ▲ 474%
Debt's share of the balance-sheet total rises from 70.7% to 79.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k
Cash flow
€14k
Current ratio
1.96▲
2024 · 1.41
Debt to equity
3.77▲
2024 · 2.42
ROE
72.8%▼
2024 · 78.5%
ROA
15.3%▼
2024 · 23.0%
Interest coverage
120.74
Debt ≤ 1 year
€39k▲
2024 · €12k
Income taxes
€4k▲
2024 · €747
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€17k€87k▲
Fixed assets21/28-€10k
Tangible fixed assets22/27-€10k
Furniture and vehicles24-€10k
Current assets29/58€17k€77k▲
Amounts receivable within one year40/41€16k€29k▲
Trade receivables40€15k-
Other amounts receivable41€271€29k▲
Cash at bank and in hand54/58€1k€17k▲
Deferred charges and accrued income490/1-€32k
Equity and liabilities
Total equity and liabilities10/49€17k€87k▲
Equity10/15€5k€18k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€3k€16k▲
Amounts payable17/49€12k€69k▲
Amounts payable within one year42/48€12k€39k▲
Financial debts43€24-
Credit institutions430/8€24-
Trade debts44€424€36k▲
Suppliers440/4€424€36k▲
Taxes, remuneration and social security45€747€4k▲
Taxes450/3€747€4k▲
Other amounts payable47/48€11k-
Accrued charges and deferred income492/3-€29k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€236
Other operating charges640/8-€175
Gross operating margin9900€5k€17k▲
Operating profit (loss)9901€5k€17k▲
Financial income75/76B-€302
Recurring financial income75-€302
Financial charges65/66B€24€141▲
Recurring financial charges65€24€141▲
Profit (loss) for the period before taxes9903€5k€17k▲
Income taxes67/77€747€4k▲
Profit (loss) for the period9904€4k€13k▲
Profit (loss) for the period to be appropriated9905€4k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€16k▲
Profit (loss) brought forward from the previous period14P€-934€3k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €236 | - |
| Other operating charges640/8 | - | - | - | - | €175 | - |
| Gross operating margin9900 | €-492 | - | - | €5k | €17k | ▲ 268% |
| Operating profit (loss)9901 | €-492 | - | - | €5k | €17k | ▲ 259% |
| Financial income75/76B | - | - | - | - | €302 | - |
| Recurring financial income75 | - | - | - | - | €302 | - |
| Financial charges65/66B | €4 | €114 | €324 | €24 | €141 | ▲ 494% |
| Recurring financial charges65 | €4 | €114 | €324 | €24 | €141 | ▲ 494% |
| Profit (loss) for the period before taxes9903 | €-496 | €-114 | €-324 | €5k | €17k | ▲ 264% |
| Income taxes67/77 | - | - | - | €747 | €4k | ▲ 384% |
| Profit (loss) for the period9904 | €-496 | €-114 | €-324 | €4k | €13k | ▲ 242% |
| Profit (loss) for the period to be appropriated9905 | €-496 | €-114 | €-324 | €4k | €13k | ▲ 242% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2k | €2k | €2k | €17k | €87k | ▲ 414% |
| Fixed assets21/28 | - | - | - | - | €10k | - |
| Tangible fixed assets22/27 | - | - | - | - | €10k | - |
| Furniture and vehicles24 | - | - | - | - | €10k | - |
| Current assets29/58 | €2k | €2k | €2k | €17k | €77k | ▲ 356% |
| Amounts receivable within one year40/41 | €198 | €198 | €198 | €16k | €29k | ▲ 83.1% |
| Trade receivables40 | - | - | - | €15k | - | - |
| Other amounts receivable41 | €198 | €198 | €198 | €271 | €29k | ▲ 10,448% |
| Cash at bank and in hand54/58 | €1k | €1k | €1k | €1k | €17k | ▲ 1,183% |
| Deferred charges and accrued income490/1 | - | - | - | - | €32k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2k | €2k | €2k | €17k | €87k | ▲ 414% |
| Equity10/15 | €2k | €1k | €1k | €5k | €18k | ▲ 268% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-496 | €-610 | €-934 | €3k | €16k | ▲ 449% |
| Amounts payable17/49 | - | €112 | €436 | €12k | €69k | ▲ 474% |
| Amounts payable within one year42/48 | - | €112 | €436 | €12k | €39k | ▲ 229% |
| Financial debts43 | - | €112 | €436 | €24 | - | - |
| Credit institutions430/8 | - | €112 | €436 | €24 | - | - |
| Trade debts44 | - | - | - | €424 | €36k | ▲ 8,361% |
| Suppliers440/4 | - | - | - | €424 | €36k | ▲ 8,361% |
| Taxes, remuneration and social security45 | - | - | - | €747 | €4k | ▲ 384% |
| Taxes450/3 | - | - | - | €747 | €4k | ▲ 384% |
| Other amounts payable47/48 | - | - | - | €11k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €29k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-496 | €-114 | €-324 | €4k | €13k | ▲ 242% |
| + Depreciation and write-downs630 | - | - | - | - | €236 | - |
| Operating cash flow (approximation) | €-496 | €-114 | €-324 | €4k | €14k | ▲ 248% |
| Change in cash | - | €-2 | €0 | €0 | €15k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €13k ▲242%
Net result €13k, the highest in the series.
15-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
3 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, Vorst · 1 establishment unit since 2020
Ground area
453 m²
Building footprint
420 m²
Volume, LiDAR
4,131 m³
2 parcels, Brussels · tallest building 19.3 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ISRAE SERVICES
since 20202.310.060.542
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0234/00C002 | Brussels | 330 m² | 1 · 330 m² | 19.3 m · 2 fl. |
| 21384D0106/00M007 | Brussels | 123 m² | 1 · 90 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,372 companies in sector 61100 we hold annual accounts for 583. 324 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
Contact
E-mail
contactpro@israeservices.com
E-mail
israe.service2020@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.