ISTEC INTERNATIONAL
ActiveISTEC INTERNATIONAL has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €318k and a net result of €28k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 77% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-15
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.03 against 6.44 in 2024; short-term debt: 24.8% and cash: 37.2% of total assets), and 24.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
75.2%
Return on assets
6.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 05-05-2026, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
87 d early
2024
13 d early
2023
71 d early
2022
68 d early
2021
11 d early
2020
4 d early
2019
52 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€318k▼ 9.2%
2024 · €350k
2018: €249k
2019: €281k
2020: €203k
2021: €326k
2022: €334k
2023: €334k
2024: €350k
2018 → 2025
Total assets
€423k▲ 2.1%
2024 · €415k
2018: €281k
2019: €290k
2020: €417k
2021: €435k
2022: €405k
2023: €455k
2024: €415k
2018 → 2025
Net result
€28k▼ 47.0%
2024 · €53k
2018: €49k
2019: €54k
2020: €102k
2021: €123k
2022: €44k
2023: €60k
2024: €53k
2018 → 2025
Working capital
€318k▼ 9.2%
2024 · €350k
2018: €248k
2019: €281k
2020: €203k
2021: €326k
2022: €334k
2023: €334k
2024: €350k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€326k-€334k▲ 2.5%€334k=€350k▲ 5.0%€318k▼ 9.2%
Operating result€166k-€59k▼ 64.3%€80k▲ 35.5%€70k▼ 12.4%€38k▼ 46.7%
Net result€123k-€44k▼ 64.2%€60k▲ 36.5%€53k▼ 12.2%€28k▼ 47.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 47% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €423k
Equity
€318k▼ 9.2%
Debt
€105k▲ 63.2%
The debt ratio rises from 15.5% to 24.8%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
75.2%▼
2024 · 84.5%
Current ratio
4.03▼
2024 · 6.44
Quick ratio
3.11▼
2024 · 5.79
Debt / equity
0.33▲
2024 · 0.18
ROE
8.8%▼
2024 · 15.0%
ROA
6.6%▼
2024 · 12.7%
Debt
€105k▲
2024 · €64k
Debt ≤ 1 year
€105k▲
2024 · €64k
Income taxes
€9k▼
2024 · €18k
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€415k€423k▲
Current assets29/58€415k€423k▲
Stocks and contracts in progress3€42k€97k▲
Stocks30/36€42k€97k▲
Amounts receivable within one year40/41€112k€169k▲
Trade receivables40€107k€158k▲
Other amounts receivable41€5k€11k▲
Current investments50/53€6€0▼
Cash at bank and in hand54/58€260k€158k▼
Deferred charges and accrued income490/1€204€208▲
Equity and liabilities
Total equity and liabilities10/49€415k€423k▲
Equity10/15€350k€318k▼
Contributions10/11€21k€21k=
Reserves13€329k€297k▼
Distributable reserves133€329k€297k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€64k€105k▲
Amounts payable within one year42/48€64k€105k▲
Trade debts44€28k€36k▲
Suppliers440/4€28k€36k▲
Taxes, remuneration and social security45€0€9k▲
Taxes450/3€0€9k▲
Other amounts payable47/48€36k€60k▲
Income statement
Code20242025
Other operating charges640/8€387€544▲
Gross operating margin9900€71k€38k▼
Operating profit (loss)9901€70k€38k▼
Financial charges65/66B€163€289▲
Recurring financial charges65€163€289▲
Profit (loss) for the period before taxes9903€70k€37k▼
Income taxes67/77€18k€9k▼
Profit (loss) for the period9904€53k€28k▼
Profit (loss) for the period to be appropriated9905€53k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€28k▼
Transfer from equity791/2-€32k
Transfer to equity691/2€17k€0▼
To other reserves6921€17k€0▼
Profit to be distributed694/7€36k€60k▲
Return on contributions (dividend)694€36k€60k▲
Social balance
Average headcount (FTE)90870.0-
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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €28k ▼47%
Net result drops to €28k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €123k ▲21.1%
Operating result €166k, net result €123k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.98
Current ratio from 1.95 to 3.98; short-term debt falls from €214k to €109k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 34.41
Current ratio from 8.97 to 34.41; short-term debt falls from €31k to €8k.
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Gent · 1 establishment unit since 2008
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.
Kortrijksesteenweg 11269051 GentGround area
1,792 m²
Building footprint
676 m²
Volume, LiDAR
6,219 m³
2 parcels, Flanders · tallest building 19.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Istec International
since 20082.174.729.310
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0052/00Y000 | Flanders | 1,329 m² | 1 · 635 m² | 13.3 m · 3 fl. |
| 23027G0320/00K000 | Flanders | 463 m² | 1 · 41 m² | 19.2 m · 6 fl. |
Linked by address, not proof of ownership
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 2,507 companies in sector 46649 we hold annual accounts for 1,760. 1,360 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2008
Fiscal year end31-12
Activities, NACEBEL
46649Wholesale of other machinery and equipment
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.