ISSAM CARS
ActiveSummary
The computed 12-month bankruptcy probability of ISSAM CARS is 2.3% (moderate). The annual accounts of ISSAM CARS for fiscal year 2025 show a net loss of 83% of the equity at the start of that year. The 2025 annual accounts show equity of €1k and a net result of €-7k. Its solvency ranks better than 23% of 11322 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency31▼-69
Growth55
Track record74
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.07 against 20.3 in 2024; short-term debt: 93.5% and cash: 84.8% of total assets), and 93.5% 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.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.5%
Return on assets
-32.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11322 sector peers (2025).
NBB · sector comparisonPosition among 11322 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 2 filingsDeviation from the deadline
2025
27 d late
2024
103 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address strikeout annulled
Checked, nothing found (1)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€67k▲ 1,012%
2024 · €6k
2024: €6k
2024 → 2025
EBIT margin
-10.1%▼ 63.0pp
2024 · 52.8%
2024: 52.8%
2024 → 2025
Net result
€-7k
2024 · €3k
2024: €3k
2024 → 2025
Working capital
€1k▼ 83.4%
2024 · €8k
2024: €8k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€6k-€67k▲ 1,012%
Equity€8k-€1k▼ 83.4%
Operating result€3k-€-7k
Net result€3k-€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €21k
Equity
€1k ▼ 83.4%
Debt
€20k ▲ 4,544%
Debt's share of the balance-sheet total rises from 4.9% to 93.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.07▼
2024 · 20.30
Debt to equity
14.46▲
2024 · 0.05
ROE
-501.2%▼
2024 · 38.9%
ROA
-32.4%▼
2024 · 36.9%
Debt ≤ 1 year
€20k▲
2024 · €424
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 · 25 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9k€21k▲
Current assets29/58€9k€21k▲
Amounts receivable within one year40/41€2k€3k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€7k€18k▲
Equity and liabilities
Total equity and liabilities10/49€9k€21k▲
Equity10/15€8k€1k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€3k€-4k▼
Amounts payable17/49€424€20k▲
Amounts payable within one year42/48€424€20k▲
Taxes, remuneration and social security45€424€4k▲
Taxes450/3€424€4k▲
Other amounts payable47/48-€16k
Income statement
Code20242025
Turnover70€6k€67k▲
Goods, raw materials, services and sundry goods60/61€57k€74k▲
Gross operating margin9900€3k€-7k▼
Operating profit (loss)9901€3k€-7k▼
Financial charges65/66B€9€26▲
Recurring financial charges65€9€26▲
Profit (loss) for the period before taxes9903€3k€-7k▼
Profit (loss) for the period9904€3k€-7k▼
Profit (loss) for the period to be appropriated9905€3k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-4k▼
Profit (loss) brought forward from the previous period14P-€3k
The notes to these accounts (1 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
11-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 103 days late
07-05
KBO administration
Address strikeout annulled
SignalNBB filing
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, Vilvoorde · 1 establishment unit since 2024
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.
Guldenschaapstraat 61800 VilvoordeGround area
94 m²
Building footprint
82 m²
Volume, LiDAR
725 m³
Parcel 23642D0866/00X000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ISSAM CARS
since 20242.360.003.466
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0866/00X000 | Flanders | 93 m² | 1 · 82 m² | 11.0 m · 3 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
KYK AUTOMOTIVE SRL
BE 0776.515.979
Charleroi · Eq €1,340
DCS VASTGOED & CONSULT
BE 0827.723.368
Sint-Niklaas · Eq €1,396
XPENG MOTORS BELGIUM
BE 0779.526.345
Mechelen · Eq €1,402
M&M Mixsolutions
BE 0780.779.031
Kelmis · Eq €1,311
Resolux Group
BE 1010.059.317
Kortenberg · Eq €1,280
Of 4,420 companies in sector 46180 we hold annual accounts for 1,886. 310 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.