Equity
€18,595 from €50,215 in 2021
Equity fell by 63% in 4 years.
iSTORES
Lifetime
9 annual accounts with figures on one time axispeak €14,707 (2019)
€3,435▲ €19,129
lowest -€22,274 (2024)
€3,973▲ €26,247
peak €50,215 (2021)
€18,595▲ 27.2%
€17,712▼ 48.5%
Board2 names since 2022
1 directorBERNAERTS Julian
Owners
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Gross margin from -€15,694 to €3,435Back to profit: €3,973Equity from €14,622 to €18,595Debts from €34,389 to €17,712Cash from €1,892 to €3,464
Key points
from the 2025 annual accountsChecked score
55
Fair
Financially stronger than 47% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 0.8%▼ -0.6 percentage points vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025lowest value
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 1.4%▲ +0.6 percentage points vs 07-2025
09-2025: 1.7%▲ +0.3 percentage points vs 08-2025
10-2025: 3.1%▲ +1.4 percentage points vs 09-2025
11-2025: 3.1%● unchanged vs 10-2025
12-2025: 3.1%● unchanged vs 11-2025
01-2026: 3.0%▼ -0.1 percentage points vs 12-2025
02-2026: 3.0%● unchanged vs 01-2026
03-2026: 3.0%● unchanged vs 02-2026
04-2026: 3.1%▲ +0.1 percentage points vs 03-2026
05-2026: 3.0%▼ -0.1 percentage points vs 04-2026
06-2026: 2.9%▼ -0.1 percentage points vs 05-2026
07-2026: 3.0%▲ +0.1 percentage points vs 06-2026
08-2026: 3.6%▲ +0.6 percentage points vs 07-2026
09-2026: 3.9%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 1.7%▼ -2.2 percentage points vs 09-2026
11-2026: 1.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 76 days late; 2 of the last 3 accounts late
Size: total assets €36,307
Sector: Specialised construction activities (NACE 43)
lowers risk
Equity €18,595 (51.2% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 56% of them on solvency, 26% on liquidity, 31% on profitability and 73% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as iSTORES has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of iSTORES itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for iSTORES. 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
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.04 (1.27 in 2024), above the usual 1.5. Short-term debt is 48.8% and cash 9.5% of total assets. 48.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
76 days late
2024
48 days late
2023
29 days late
2022
30 days late
2021
27 days early
2020
33 days early
2019
11 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0667488969
Registered office moved to Berchem-Sainte-Agathe
New registered office: Rue Kasterlinden 17, 1082 Berchem-Sainte-Agathe · Resignation: AQUATTRO (director) · Appointment: BERNAERTS Julian (director) · General meeting of 24-11-2022 · Gazette deed
First establishment
iSTORES SPRL, Kasterlindenstraat 11, Berchem-Sainte-Agathe
Incorporation
published on 08-12-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| iSTORES Berchem-Sainte-Agathe | €36,307 | €3,435 | 51.2% | - |
| Menuiserie Gheerardyn Eddy Courcelles | €32,154 | €3,474 | 22.4% | - |
| Hekwerk Poorten Yvan Rombouts Brecht | €39,126 | €4,357 | 81.4% | - |
| MAGIC Steenokkerzeel | €41,884 | €5,179 | -9.3% | - |
| Ibika Antwerp | €29,624 | €5,103 | -17.1% | - |
| FABRILIS Donceel | €52,628 | €3,371 | 12.7% | - |
| JOHN GUILMAIN Marchin | €36,428 | €3,293 | 88.9% | - |
These companies have the same main activity as iSTORES: joinery installation (NACE 43320). They are comparable in size and age: total assets between €29,600 and €52,600, founded between 2012 and 2018.
Official details
Source: KBO- Status
- Active since 06-12-2016Normal situation
- Registered office
- 12 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Joinery installationNACE 43320and 3 others
- Establishment unit
- 2.263.586.5551082 Berchem-Sainte-Agathe, since 01-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 04-02-2026
Insights on iSTORES
iSTORES files the micro format. That format states no turnover. The gross margin fell from €11,011 in 2017 to €3,435 in 2025.
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 iSTORES
- What is the company number of iSTORES?
- The company number of iSTORES is 0667.488.969. The VAT number is the same number with BE in front: BE 0667.488.969.
- Where is iSTORES based?
- The registered office is at Kasterlindenstraat 17, 1082 Berchem-Sainte-Agathe.Company details
- What does iSTORES do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of iSTORES?
- iSTORES is a private limited company (BV).
- When was iSTORES founded?
- iSTORES was founded on 06-12-2016.
- Is iSTORES still active?
- Yes, iSTORES is an active enterprise in the KBO register.
- What is the turnover of iSTORES?
- The turnover in financial year 2025 is ≈ €35,000. This figure is estimated from the gross margin of €3,435 and 56 comparable companies (NACE 43320). It probably lies between €21,000 and €68,000. It is a rough estimate.Financials
- Is iSTORES profitable?
- In financial year 2025, iSTORES made a profit of €3,973.
- Where can I find the annual accounts of iSTORES?
- iSTORES filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of iSTORES due?
- iSTORES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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