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Director ban linked to the company
At least one person linked to the company in the Belgian Official Gazette received a director ban. The details concern private individuals and are therefore not publicly available.

ISUL

Bankruptcy closed Private limited company (pre-2019)KBO/BCE: BE 0674.834.245

Lifetime

5 annual accounts with figures on one time axis
peak €181,932 (2022)
€181,932▲ 35.4%
lowest -€26,924 (2022)
-€26,924▼ €34,501
peak €44,752 (2021)
€17,828▼ 60.2%
€64,775▲ 41.7%
peak 1.7 FTE (2021)
-not published
Board2 names since 2023
- 
Documentsfilings and deeds
14-06-2024319 days late
2022abbreviated format
Turnover from €134,402 to €181,932Gross margin from €22,371 to €12,356Loss of €26,924Equity from €44,752 to €17,828Debts from €45,707 to €64,775Cash from €6,891 to €4,674

Key points

from the 2022 annual accounts, the last ones filed

Debts

€64,775 78% of the balance sheet
Financial debts 19%Suppliers 66%Taxes and wages 15%

Of this, €52,586 falls due within a year.

Payment terms

92 days to suppliers
Suppliers
68 to 92
Customers
83 to 89

ISUL pays its suppliers 24 days later than in 2021. Customers pay 6 days later.

Filings

5 annual accounts 5 late
AprilJune31 JulyOctober201820202022

The 2018 accounts came latest: 460 days after the end of the period.

No score

Board and ownership

last known board
BD
Director, until 2023
RA
Director, until 2023
Board & ownership

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Antwerp division · judgment of 15-09-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 06-02-2025 · Bankruptcy
Address struck effective 04-09-2024 · KBO administration
Resignation: Rebar Abdulstar Mohemmed (director) Director discharge: Rebar Abdulstar Mohemmed (director (not named in the articles)) · General meeting of 11-09-2024 · Gazette deed
All 16 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 06-02-2025
Legal form
Private limited company (pre-2019)
Activity
No activity registered in the KBO
Joint committee
302Hotels and catering · annual accounts 2022
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2022

€82,604▼ 8.7%
Employeeson 31-12-2022
4▲ 33.3%
Filing
Filed on 14-06-2024
Financials

Insights on ISUL

Equity fell from €44,752 in 2021 to €17,828 in 2022, while debts rose from €45,707 to €64,775.

On 6 February 2025 the court declared ISUL bankrupt.

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 ISUL

What is the company number of ISUL?
The company number of ISUL is 0674.834.245. The VAT number is the same number with BE in front: BE 0674.834.245.
What is the legal form of ISUL?
ISUL is a private limited company (pre-2019) (BVBA).
Is ISUL still active?
No. The bankruptcy of ISUL has been closed.Company details
How many employees did ISUL have?
ISUL had an average of 2.2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
Which joint committee does ISUL fall under?
In its 2022 annual accounts, ISUL states joint committee 302 (Hotels and catering).
What is the turnover of ISUL?
The turnover of ISUL was €181,932 in financial year 2022, according to the filed annual accounts.
Is ISUL profitable?
In financial year 2022, ISUL made a loss of €26,924.
Where can I find the annual accounts of ISUL?
ISUL filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

Next steps

Keep this company with today's facts in a case file.