Equity
€227,174 ▲ 11.2%
ISTS has made a profit in every financial year since 2018.
ISTS
Lifetime
8 annual accounts with figures on one time axispeak €742,383 (2023)
€441,929▲ 24.0%
peak €63,833 (2022)
€34,812▲ 5.5%
peak €227,174 (2025)
€227,174▲ 11.2%
€74,927▲ 534%
Board1 name since 2023
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Turnover from €356,434 to €441,929Gross margin from €7,242 to €72,438Debts from €11,816 to €74,927Cash from €93,838 to €211,171
Key points
from the 2025 annual accountsDebts
€74,927 ▲ 534%
Debts rose by €63,111 in 2025.
Payment terms
31 days to suppliers
ISTS pays its suppliers 24 days later than in 2024. Customers pay 34 days earlier.
Liquidity
4.00 was 17.57 in 2024
Short-term debts rose from €11,816 to €74,927.
Filings
8 annual accounts 8 late
The 2019 accounts came latest: 91 days after the end of the period.
Position in the sector
€227,174
More equity than 86% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as ISTS has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 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 26,973 companies, not a prediction for ISTS. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0678596063
Registered office moved to Meise
New registered office: Alfred Van Campenhoutlaan 31, 1860 Meise · Resignation: (director) · Reappointment: (director) · General meeting of 27-10-2022 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €12,400 paid up · Founder: · Capital of €18,600, 100 shares · published on 18-07-2017 · Gazette deed
First establishment
Alfred Van Campenhoutlaan 31, Meise
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ISTS Meise | €302,101 | €72,438 | 75.2% | - |
| KDI Industries Linter | €280,064 | €83,733 | 77.8% | - |
| VAST Projects Tienen | €348,902 | €63,468 | 25.9% | - |
| Q&A Technics Diest | €243,514 | €70,076 | 84.4% | - |
| Algemene Elektriciteitswerken Eyckmans Tessenderlo-Ham | €301,617 | €74,017 | 2.9% | - |
| VANHAMME Jeroen Ypres | €286,812 | €71,083 | 71.9% | - |
| LADIRO Ardooie | €299,979 | €70,761 | 42.8% | - |
These companies have the same main activity as ISTS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €244,000 and €349,000, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 14-07-2017Normal situation
- Activity
- General electrical installation workNACE 43211and 6 others
- Establishment unit
- 2.267.830.5041860 Meise, since 14-07-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Insights on ISTS
ISTS has existed since 2017. The present size dates from 2019. Turnover rose that year from €145,615 to €371,802. The accounts now follow the micro format, last year the full format.
Solvency fell in 2025 from 94.5% to 75.2% because of higher debts to suppliers.
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 ISTS
- What is the company number of ISTS?
- The company number of ISTS is 0678.596.063. The VAT number is the same number with BE in front: BE 0678.596.063.
- Where is ISTS based?
- The registered office is at Alfred Van Campenhoutlaan 31, 1860 Meise.Company details
- What does ISTS do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ISTS?
- ISTS is a private limited company (pre-2019) (BVBA).
- When was ISTS founded?
- ISTS was founded on 14-07-2017.
- Is ISTS still active?
- Yes, ISTS is an active enterprise in the KBO register.
- How many employees does ISTS have?
- ISTS had an average of 1.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of ISTS?
- The turnover of ISTS was €441,929 in financial year 2025, according to the filed annual accounts.
- Is ISTS profitable?
- In financial year 2025, ISTS made a profit of €34,812.
- Where can I find the annual accounts of ISTS?
- ISTS filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ISTS due?
- ISTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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