ISUL
A bankruptcy procedure is open for ISUL according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €45k and a net result of €8k.
| Equity | €45k |
| Net result | €8k |
| Staff (FTE) | 1.7 |
| Active | 9 yrs |
Mixed profile: strong on solvency, weaker on stability.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Fiscal year | 2021 |
|---|---|
| Revenue | €134k |
| EBITDA | €14k |
| Net profit | €8k |
| Cash flow | €11k |
| Staff costs | €8k |
| Income taxes | €3k |
| Dividends | — |
| Total assets | €90k |
| Equity | €45k |
| Debt | €46k |
| of which ≤ 1y | €28k |
| of which > 1y | €17k |
| Working capital | €37k |
| Employees (FTE) | 1.7 |
| 2021 | |
|---|---|
| Current ratio | 2.29 |
| Quick ratio | 2.24 |
| Working capital ratio | 40.5% |
| Solvency | 49.5% |
| Debt / equity | 1.02 |
| Long-term debt ratio | 0.39 |
| Interest coverage | 51.13 |
| Gross margin | 13.9% |
| Net margin | 5.6% |
| ROA | 8.4% |
| ROE | 16.9% |
| EBITDA margin | 10.3% |
| Days sales outstanding | 83d |
| Days payable outstanding | 68d |
| Inventory turnover | 84.36 |
| Days inventory (DSI) | 4d |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €90k |
| Fixed assets | 21/28 | €26k |
| Tangible fixed assets | 22/27 | €26k |
| Current assets | 29/58 | €65k |
| Stocks & contracts in progress | 3 | €1k |
| Amounts receivable within one year | 40/41 | €57k |
| Cash & bank | 54/58 | €7k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €90k |
| Equity | 10/15 | €45k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €24k |
| Amounts payable | 17/49 | €46k |
| Amounts payable after one year | 17 | €17k |
| Amounts payable within one year | 42/48 | €28k |
| Trade debts payable within one year | 44 | €21k |
| Income statement | ||
| Turnover | 70 | €134k |
| Gross operating margin | 9900 | €22k |
| Operating result | 9901 | €11k |
| Financial charges | 65 | €270 |
| Result before taxes | 9903 | €10k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PHILIP RAUTER KAPUCINESSENSTRAAT 13,
2000 ANTWERPEN 1 |
06-02-2025 → present | Belgian State Gazette |
| NACE primary | Food & beverage service(56112) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 25-04-2017 |
| Status | Active |
| Postal code | — |
| First BS signal | 12-02-2025 |
| Latest BS signal | 12-02-2025 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C2257/00C000 | Flanders | 3,609 m² | 1 · 3,143 m² | 48.0 m · 6 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
22-10-2024 Rebar Abdulstar Mohemmed resigns as director
- Rebar Abdulstar Mohemmed — Bestuurder
Technical details
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"events": [
{
"kind": "director_out",
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"person": {
"rrn": null,
"name": "Rebar Abdulstar Mohemmed",
"address": "2170 Antwerpen Leiebos 23 /39",
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"profession": null,
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},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": "2023-08-01",
"evidence_quote": "De algemene vergadering beslist tot het ontslag van Rebar Abdulstar Mohemmed, met woonplaats te 2170 Antwerpen Leiebos 23 /39, als niet-statutaire bestuurder, en dit met ingang op 01/08/2023.",
"decharge_status": "granted",
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}
],
"notary": {
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},
"act_meta": {
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"pub_date": null,
"filing_date": "2024-10-09",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-09-11",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0674.834.245",
"name_full": "ISUL",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
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"person_name": "Ahmet \u00D6zturk",
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},
"co_filed_documents": [],
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ISUL |