ISW RENOV
InactiveISW RENOV was declared bankrupt on 02-10-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 11-06-2024, published in the Belgian State Gazette on 27-06-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
88 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k
2019 · €-12k
2019: €-12k
2019 → 2020
Working capital
€8k
2019 · €-7k
2019: €-7k
2019 → 2020
Multi-year overview
Available amounts per fiscal year
Line20192020Trend
Equity€-7k-€8k
Operating result€-11k-€15k
Net result€-12k-€15k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €15k after a loss of €11k in 2019.
Balance-sheet composition
Equity and liabilities €17k
Equity
€8k
Debt
€9k
Debt finances 52.0% of the balance-sheet total.
Key figures and ratios
Current ratio
1.92
ROE
183.6%
ROA
88.1%
Debt ≤ 1 year
€9k▲
2019 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 18 lines
Balance sheet
Code20192020
Assets
Total assets20/58€298€17k▲
Current assets29/58€298€17k▲
Amounts receivable within one year40/41-€15k
Cash at bank and in hand54/58€298€2k▲
Equity and liabilities
Total equity and liabilities10/49€298€17k▲
Equity10/15€-7k€8k▲
Contributions10/11€19k-
Profit (loss) carried forward14€-25k€-10k▲
Amounts payable17/49€7k€9k▲
Amounts payable within one year42/48€7k€9k▲
Trade debts44-€3k
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k-
Gross operating margin9900€-7k€16k▲
Operating profit (loss)9901€-11k€15k▲
Recurring financial charges65€29€35▲
Profit (loss) for the period before taxes9903€-12k€15k▲
Profit (loss) for the period9904€-12k€15k▲
Profit (loss) for the period to be appropriated9905€-12k€15k▲
Timeline · acts, filings and financial milestones
2024
27-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · ISW RENOV SRL RUE DE MERODE 90, 1060 SAINT-GILLES. déclarée le 2 octobre 2023 · event 11-06-2024
2023
27-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · ISW RENOV SRL RUE DE MERODE 90, 1060 SAINT-GILLES · event 02-10-2023
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-12
Financial
Liquidity times 46current ratio 1.92
Current ratio from 0.04 to 1.92.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 88 days late
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 126 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | YSABELLE ENSCH AVENUE LOUISE 349 B 17,
1050 IXELLES |
02-10-2023 → 11-06-2024 |