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Complete company report
Generated 24-07-2026
Active BE 0834.239.491Private limited company (pre-2019)

ISSRA

Kerkhof van Brussellaan 57 ·1140 Evere, Belgium· 15 yrs active
Sector: Retail trade (47792)
Conclusion Checked

The computed 12-month bankruptcy probability of ISSRA is 4.0% (elevated). The 2020 annual accounts show equity of €12k and a net result of €-9k. Equity is shrinking by ~33.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2021. Its solvency ranks better than 81% of 378 sector peers (fiscal year 2020). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €12k
Net result €-9k
Better than sector 81%
Active 15 yrs
Snowflake analysis 5 axes · computed by Checked
Health52Profitability0Solvency86Growth32Stability100
54 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 52
Profitability 0
Solvency 86
Growth 32
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
4.0% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Higher-failure-rate region +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2011, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2020 · computed
52 / 100 Fair
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 30-08-2021 with the NBB · fiscal year 2020 · volledig
€-40k€-20k€0€20kOperating result 2018: €2k€2kNet result 2018: €15k€15kOperating result 2019: €6k€6kNet result 2019: €17k€17kOperating result 2020: €-26k€-26kNet result 2020: €-9k€-9k201820192020
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining At this pace, equity would indicatively turn negative around fiscal year 2021, assuming unchanged policy.
€-40k€-20k€0€20k€40k2021: €-210 (€-1k - €720)2022: €-12k (€-13k - €-11k)2023: €-24k (€-25k - €-23k)2018: €35k2019: €38k2020: €12k201820192020202120222023
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Sector comparison
Fiscal year 2020 · NACE 47, Retail trade · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 64.6% 31.8%
better than 81% of 378 sector peers
Net result €-26k €19k
better than 20% of 379 sector peers
Equity €12k €203k
better than 19% of 379 sector peers
Gross operating margin €-23k €149k
better than 5% of 304 sector peers
Total assets €18k €745k
better than 5% of 378 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-24k
- far below sector median
Net profit
€-9k
- far below sector median
Cash flow
€-7k
- far below sector median
Total assets
€18k
-86.2% -92% vs sector
Equity
€12k
-69.1% -48% vs sector
Working capital
€4k
-86.9% -89% vs sector
Income taxes
€4k
+176.2% -64% vs sector
Debt
€6k
-93.1% -97% vs sector
Debt ≤ 1y
€6k
-93.1% -95% vs sector
Current ratio
1.57
+20.9% +22% vs sector
Quick ratio
1.18
+26.5% +28% vs sector
Solvency
64.6%
+123.3% +177% vs sector
ROE
-75.8%
- far below sector median
ROA
-49.0%
- far below sector median
Figures by fiscal year
Fiscal year2020
Revenue-
EBITDA€-24k
Net profit€-9k
Cash flow€-7k
Staff costs-
Income taxes-
Dividends-
Total assets€18k
Equity€12k
Debt€6k
of which ≤ 1y€6k
of which > 1y-
Working capital€4k
Employees (FTE)-
Ratios (computed)
2020
Current ratio1.57
Quick ratio1.18
Working capital ratio20.1%
Solvency64.6%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-49.0%
ROE-75.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€18k
Fixed assets 21/28€8k
Tangible fixed assets 22/27€2k
Financial fixed assets 28€6k
Current assets 29/58€10k
Stocks & contracts in progress 3€3k
Amounts receivable within one year 40/41€5k
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€18k
Equity 10/15€12k
Reserves 13€2k
Accumulated profits (losses) 14€-9k
Amounts payable 17/49€6k
Amounts payable within one year 42/48€6k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€-23k
Operating result 9901€-26k
Financial charges 65€64
Result before taxes 9903€-26k
Net result for the period 9904€-26k
Result to be appropriated 9905€-26k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Retail trade(47792)
Legal form Private limited company (pre-2019)(015)
Incorporation03-03-2011
StatusActive
Postal code1140
Establishment units 1 location
SARA MODE
Koninginnelaan 150, 1000 BrusselHandelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer
since 20202.308.090.056
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21372C0036/00D004 Brussels 215 m² 1 · 216 m² 13.5 m · 2 fl.
21813D0525/00M008 Brussels 72 m² 1 · 72 m² 18.6 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022
16-08-2022
State Gazette act Director changes
04-07-2022
State Gazette act Director changes
2021
30-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
04-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
06-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
13-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
15-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
31-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
03-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
29-08-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
25-07-2013
NBB filing Annual accounts filed
fiscal year 2012 · volledig
2012
31-08-2012
NBB filing Annual accounts filed
fiscal year 2011 · volledig
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 3 years ago
2022
16-08-2022 1 director appointed, 1 resigning Director changes
  • Doshi Bassel, Bestuurder
  • Harden Edwine James, Bestuurder
Technical details 
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      "effective_date": "2022-06-13",
      "evidence_quote": "Monsieur Doshi Bassel est appel\u00E9 aux fonctions d\u0027administrateur \u00E0 partir du 13 juin 2022.",
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      "evidence_quote": "Ce dernier confirme cette d\u00E9cision.",
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  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2022-08-05",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-06-13",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0834.239.491",
    "name_full": "ISSRA",
    "legal_form": "SRL",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Doshi Bassel",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
04-07-2022 1 director appointed, 1 resigning Director changes
  • Doshi Bassel, Bestuurder
  • Doshi Bassel, Directeur
Technical details 
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      "effective_date": "2022-06-09",
      "evidence_quote": "Monsieur Harden Edwine James est appel\u00E9 aux fonctions d\u0027administrateur \u00E0 partir du 9 juin 2022.",
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      },
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      "effective_date": "2022-06-09",
      "evidence_quote": "A l\u0027unanimit\u00E9, le conseil acte la d\u00E9mission de Monsieur Doshi Bassel \u00E0 partir du 9 juin 2022.",
      "decharge_status": "granted",
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      "decharge_status": "granted",
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    },
    {
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  ],
  "notary": {
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    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
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  },
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  "subject_company": {
    "kbo": "0834.239.491",
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    "legal_form": "SRL"
  },
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}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Detailhandel in tweedehandskleding in winkels47792Detailhandel in tweedehandskleding47792
Primary activity highlighted.
Names & trade names
Legal nameFR ISSRA
Registered office
Kerkhof van Brussellaan 57
1140 Evere, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative