ISRATECH
ActiveThe computed 12-month bankruptcy probability of ISRATECH is 3.1% (moderate). The 2025 annual accounts show equity of €72k and a net result of €31k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 7330 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
96
/ 100
Excellent▼ -4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+49
Solvency83▼-14
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.92 in 2024), and 42.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
57.6%
Return on assets
24.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
40 d late
2024
44 d early
2023
40 d late
2022
59 d late
2021
16 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€72k▲ 74.8%
2024 · €41k
2021: €31k
2022: €35k
2023: €37k
2024: €41k
2021 → 2025
Total assets
€125k▲ 89.0%
2024 · €66k
2021: €48k
2022: €49k
2023: €52k
2024: €66k
2021 → 2025
Net result
€31k▲ 631%
2024 · €4k
2021: €28k
2022: €4k
2023: €2k
2024: €4k
2021 → 2025
Working capital
€17k▼ 25.4%
2024 · €23k
2021: €12k
2022: €11k
2023: €23k
2024: €23k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€35k▲ 12.0%€37k▲ 5.3%€41k▲ 11.4%€72k▲ 74.8%
Operating result€36k-€5k▼ 85.0%€2k▼ 64.3%€10k▲ 399%€43k▲ 345%
Net result€28k-€4k▼ 86.8%€2k▼ 50.0%€4k▲ 125%€31k▲ 631%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 345% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€55k▲ 200%
Current assets
€70k▲ 46.5%
Equity and liabilities €125k
Equity
€72k▲ 74.8%
Debt
€53k▲ 112%
The debt ratio rises from 37.8% to 42.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€48k▲
2024 · €19k
Cash flow
€36k▲
2024 · €14k
Solvency
57.6%▼
2024 · 62.2%
Current ratio
1.32▼
2024 · 1.92
Quick ratio
1.32▼
2024 · 1.92
Debt / equity
0.74▲
2024 · 0.61
ROE
42.8%▲
2024 · 10.2%
ROA
24.6%▲
2024 · 6.4%
Interest coverage
118.18▼
2024 · 123.97
Debt
€53k▲
2024 · €25k
Debt ≤ 1 year
€53k▲
2024 · €25k
Income taxes
€12k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€66k€125k▲
Fixed assets21/28€18k€55k▲
Tangible fixed assets22/27€18k€55k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€16k€52k▲
Current assets29/58€48k€70k▲
Amounts receivable within one year40/41€35k€14k▼
Trade receivables40€26k€11k▼
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€12k€56k▲
Deferred charges and accrued income490/1€202-
Equity and liabilities
Total equity and liabilities10/49€66k€125k▲
Equity10/15€41k€72k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€38k€69k▲
Amounts payable17/49€25k€53k▲
Amounts payable within one year42/48€25k€53k▲
Trade debts44€22k€31k▲
Suppliers440/4€22k€31k▲
Taxes, remuneration and social security45€3k€15k▲
Taxes450/3€3k€15k▲
Other amounts payable47/48€14€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€5k▼
Other operating charges640/8€1k€742▼
Gross operating margin9900€20k€48k▲
Operating profit (loss)9901€10k€43k▲
Financial income75/76B€0€31▲
Recurring financial income75€0€31▲
Financial charges65/66B€155€402▲
Recurring financial charges65€155€402▲
Profit (loss) for the period before taxes9903€9k€42k▲
Income taxes67/77€5k€12k▲
Profit (loss) for the period9904€4k€31k▲
Profit (loss) for the period to be appropriated9905€4k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€69k▲
Profit (loss) brought forward from the previous period14P€34k€38k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 40 days late
2025
31-12
Financial
Highest result since 2021net €31k ▲631%
Operating result €43k, net result €31k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
31-12
Financial
Weakest financial yearnet €2k ▼50%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kazernestraat 631000 BrusselGround area
117 m²
Building footprint
94 m²
Volume, LiDAR
1,409 m³
Parcel 21810L2201/00E016, Brussels · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ISRATECH
since 20202.308.135.883
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21810L2201/00E016 | Brussels | 116 m² | 1 · 94 m² | 17.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WONINGBOUW VERMEULEN PETER
BE 0894.330.201
Lochristi · Eq €72k
STRUCTURARES VAN LOOCK
BE 0738.969.556
Nijlen · Eq €72k
SOLID-BUILD
BE 0787.438.575
Vorst · Eq €72k
DE KEYPROJECT
BE 1002.131.942
Rijkevorsel · Eq €72k
KW RENOVATIONS
BE 0677.947.846
Beersel · Eq €72k
Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 13,099 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43110Demolition
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43310Plastering work
43341Painting of buildings
43342Specialised construction activities
43992Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.