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Israya

Active Private limited companyfounded 2020active for 6 yearsMagdalenastraat 19B, 8500 KortrijkKBO/BCE: BE 0754.376.918

Lifetime

5 annual accounts with figures on one time axis
peak €198,292 (2024)
€43,653▼ 78.0%
lowest -€25,594 (2021)
€8,556▼ 30.3%
peak €8,183 (2025)
€8,183▲ €8,556
€108,619▼ 18.5%
Board1 name since 2020
1 director
Documentsfilings and deeds
22-09-202653 days late
2025micro format
Gross margin from €198,292 to €43,653Result from €12,272 to €8,556Equity from -€373 to €8,183Debts from €133,264 to €108,619Cash from €20,634 to €9,227

Key points

from the 2025 annual accounts

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Debts

€108,619 93% of the balance sheet
Financial debts 26%Suppliers 13%Taxes and wages 17%Other 44%

Of this, €80,658 falls due within a year.

Filings

5 annual accounts 5 late
AprilJune31 JulyOctober20222024

The 2024 accounts came latest: 107 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as Israya has now. Each dot stands for 6 companies, two years later.

96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,153 companies, not a prediction for Israya. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 16-09-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0754376918
First establishment bakkerij ISRAYA, Magdalenastraat 19B, Kortrijk
Incorporation Founding capital of €12,000, 100 shares · Founder: · Appointment: (director) · published on 16-09-2020 · Gazette deed
All 10 events

Comparable companies

same main activity, similar in size and age
Company
Israya Kortrijk €116,802 €43,653 7.0% -
BiniBo Peer €131,543 €42,199 50.1% -
AMZ COMPANY Brussels €101,140 €46,627 -31.6% -
FIDELE BOUVEROUX Flémalle €118,693 €56,086 16.3% -
LA MAISON DES TARTES Brussels €100,121 €54,613 -102.1% -
LES SAVEURS DE TUBIZE Tubize €111,311 €56,930 60.2% -
Bakkerij Venus J Niel €143,344 €56,959 62.6% -

These companies have the same main activity as Israya: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €100,000 and €143,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 14-09-2020Normal situation
Activity
Artisanal bread and fresh pastry makingNACE 10712
Establishment unit
2.306.989.2068500 Kortrijk, since 01-10-2020
Financial year end
31 December
Peppol
Reachable since 16-01-2026
Company details

Annual accounts 2025

€116,802▼ 12.1%
Filing
Filed on 22-09-2026
Financials

Insights on Israya

Israya files the micro format. That format states no turnover. The gross margin fell from €112,920 in 2021 to €43,653 in 2025.

The balance sheet grew most from 2022 to 2023 through fixed assets, financed with long-term debt.

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 Israya

What is the company number of Israya?
The company number of Israya is 0754.376.918. The VAT number is the same number with BE in front: BE 0754.376.918.
Where is Israya based?
The registered office is at Magdalenastraat 19B, 8500 Kortrijk.Company details
What does Israya do?
According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
What is the legal form of Israya?
Israya is a private limited company (BV).
When was Israya founded?
Israya was founded on 14-09-2020.
Is Israya still active?
Yes, Israya is an active enterprise in the KBO register.
How many employees does Israya have?
Israya had an average of 6.2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of Israya?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €43,653 and 2,936 comparable companies of the same size. It probably lies between €110,000 and €320,000. It is a rough estimate.
Is Israya profitable?
In financial year 2025, Israya made a profit of €8,556.
Where can I find the annual accounts of Israya?
Israya filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Israya due?
Israya must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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