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ISYTEC

Active Private limited companyfounded 2006active for 20 yearsMorsheck 13, 4760 BullangeKBO/BCE: BE 0879.954.997 #1 company by equity in Bullange, Construction sector

Lifetime

19 annual accounts with figures on one time axis
peak €1.4m (2023)
€1.4m▲ 51.2%
lowest -€17,081 (2010)
€626,941▲ 133%
peak €2.3m (2023)
€2.1m▼ 6.9%
€348,711▲ 43.9%
peak 13.4 FTE (2020)
12.3 FTE▼ 6.8%
Board2 names since 2010
1 director
Documentsfilings and deeds
30-03-2026123 days before the deadline
2025financial year
Gross margin from €924,361 to €1.4mResult from €268,947 to €626,941Resignation: (director) 13-02Dividend €781,231Debts from €242,331 to €348,711

Key points

from the 2025 annual accounts

Equity

€2.1m ▼ 6.9%
2.22024+0.6Profit-0.8Dividend2.12025

ISYTEC paid out €781,231 in dividends. That is 125% of the 2025 profit.

Result

€626,941 ▲ 133%
€269,0002024€627,0002025

The result rose in 2025 from €268,947 to €626,941.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 8 to 123 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as ISYTEC has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,135 companies, not a prediction for ISYTEC. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 01-05-2010

Shares in 2 companies, and

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0879954997
Resignation: (director) Director discharge: · General meeting of 06-12-2024 · Gazette deed
Changes of role: (director) and (director) Permanent representative: · “Den Vertrieb und die Installation von Fotovoltaikanlagen und Speicherbatterien; Energiemanagement im…” (deed in German) · Gazette deed
Security firm approval (camera systems) granted Decision of 24-08-2022, published on 12-07-2024
All 34 events

Comparable companies

same main activity, similar in size and age
Company
ISYTEC Bullange €2.4m €1.4m 85.6% 12.3
JADEC Lokeren €2.6m €1.6m 37.4% 12.7
CLIMASTORE Ans €2.2m €1.5m 41.1% 13
checkmade Zele €2.1m €1.3m 27.5% 14.9
DUOTECNO Bruges €2.4m €1.1m 28.5% 13.1
TRAVAUX DE RESTAURATION DE BATIMENTS Mouscron €2.2m €1.1m 33.4% 12
DELEKTRO Roeselare €2.9m €1.3m 20.1% 12.5

These companies have the same main activity as ISYTEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €2.1m and €2.9m, founded between 2000 and 2008.

Official details

Source: KBO
Status
Active since 07-03-2006Normal situation
Activity
General electrical installation workNACE 43211and 7 others
Joint committees
149Sectors related to metal, mechanical and electrical engineering
200Auxiliary committee for white-collar workers · annual accounts 2024
Establishment unit
2.152.548.5764760 Bullange, since 01-04-2006
Financial year end
31 December
Peppol
Reachable since 09-12-2025
Company details

Annual accounts 2025

≈ €3.9mestimated
€2.4m▼ 1.9%
Employeeson 31-12-2025
14=
Filing
Filed on 30-03-2026, 123 days before the end of the filing period
Financials

Insights on ISYTEC

ISYTEC has existed since 2006. The present size dates from 2011. The gross margin rose that year from €209,077 to €565,029.

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 ISYTEC

What is the company number of ISYTEC?
The company number of ISYTEC is 0879.954.997. The VAT number is the same number with BE in front: BE 0879.954.997.
Where is ISYTEC based?
The registered office is at Morsheck 13, 4760 Bullange.Company details
What does ISYTEC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ISYTEC?
ISYTEC is a private limited company (BV).
When was ISYTEC founded?
ISYTEC was founded on 07-03-2006.
Is ISYTEC still active?
Yes, ISYTEC is an active enterprise in the KBO register.
How many employees does ISYTEC have?
ISYTEC had an average of 12.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ISYTEC fall under?
In its 2024 annual accounts, ISYTEC states joint committees 149 (Sectors related to metal, mechanical and electrical engineering) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of ISYTEC?
The turnover in financial year 2025 is ≈ €3.9m. This figure is estimated from the gross margin of €1.4m and 30 comparable companies (NACE 432). It probably lies between €3.2m and €4.8m.
Is ISYTEC profitable?
In financial year 2025, ISYTEC made a profit of €626,941.
Where can I find the annual accounts of ISYTEC?
ISYTEC filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ISYTEC due?
ISYTEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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