ISYTEC
ActiveSummary
ISYTEC has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €626,941. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 93% of 2062 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+18
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity ample (current ratio 8.05 against 8.85 in 2024; short-term debt: 10.7% and cash: 13.9% of total assets), and 14.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.6%
Return on assets
25.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
123 d early
2024
8 d early
2023
37 d early
2022
31 d early
2021
37 d early
2020
52 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#1 company by equity in Bullange, Construction sector#3 company by total assets in Bullange, Construction sector#10 oldest company in Bullange, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€626,941▲ 133%
2024 · €268,947
Working capital
€1.8m▼ 3.8%
2024 · €1.9m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€193,363▼ 28.1%€580,934▲ 200%€620,230▲ 6.8%€45,993▼ 92.6%€648,251▲ 1,309%
Net result€234,421above the sector's middle half▼ 6.7%€478,908above the sector's middle half▲ 104%€580,739above the sector's middle half▲ 21.3%€268,947above the sector's middle half▼ 53.7%€626,941above the sector's middle half▲ 133%
Equity€1.8mabove the sector's middle half▼ 7.4%€2.1mabove the sector's middle half▲ 17.2%€2.3mabove the sector's middle half▲ 8.4%€2.2mabove the sector's middle half▼ 1.2%€2.1mabove the sector's middle half▼ 6.9%
Total assets€2.1mabove the sector's middle half▼ 1.2%€2.7mabove the sector's middle half▲ 25.0%€2.9mabove the sector's middle half▲ 7.7%€2.5mabove the sector's middle half▼ 13.7%€2.4mwithin the sector's middle half▼ 1.9%
Debt€351,458▲ 49.3%€578,440▲ 64.6%€608,914▲ 5.3%€242,331▼ 60.2%€348,711▲ 43.9%
Working capital€1.5m▲ 6.5%€1.9m▲ 27.9%€2.1m▲ 12.0%€1.9m▼ 9.6%€1.8m▼ 3.8%
Solvency83.5%above the sector's middle half▼ 5.6pp78.2%above the sector's middle half▼ 5.2pp78.7%above the sector's middle half▲ 0.5pp90.2%above the sector's middle half▲ 11.5pp85.6%above the sector's middle half▼ 4.6pp
Staff (FTE)12.7within the sector's middle half▼ 5.2%12.6within the sector's middle half▼ 0.8%13within the sector's middle half▲ 3.2%13.2within the sector's middle half▲ 1.5%12.3within the sector's middle half▼ 6.8%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,309% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.4m
Fixed assets
€334,553 ▲ 2.3%
Current assets
€2.1m ▼ 2.6%
Equity and liabilities €2.4m
Equity
€2.1m ▼ 6.9%
Debt
€348,711 ▲ 43.9%
Debt's share of the balance-sheet total rises from 9.8% to 14.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€729,591▲
2024 · €128,712
Cash flow
€708,281▲
2024 · €351,666
Current ratio
8.05▼
2024 · 8.85
Quick ratio
4.51▼
2024 · 4.87
Debt to equity
0.17▲
2024 · 0.11
ROE
30.2%▲
2024 · 12.1%
ROA
25.9%▲
2024 · 10.9%
Interest coverage
26.83▲
2024 · 9.89
Debt ≤ 1 year
€259,643▲
2024 · €242,331
Debt > 1 year
€89,069
Income taxes
€212,772▲
2024 · €40,896
Staff costs
€660,048▼
2024 · €787,349
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €84,413 | - | - | - | - |
| Remuneration, social security and pensions62 | €661,236 | €639,332 | €705,629 | €787,349 | €660,048 | ▼ 16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €116,379 | €100,655 | €83,963 | €82,719 | €81,341 | ▼ 1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€526 | - |
| Other operating charges640/8 | €11,331 | €11,532 | €12,344 | €8,300 | €8,359 | ▲ 0.7% |
| Non-recurring operating charges66A | - | €23,019 | - | - | - | - |
| Gross operating margin9900 | €982,310 | €1.4m | €1.4m | €924,361 | €1.4m | ▲ 51.2% |
| Operating profit (loss)9901 | €193,363 | €580,934 | €620,230 | €45,993 | €648,251 | ▲ 1,309% |
| Financial income75/76B | €131,669 | €104,691 | €194,218 | €276,867 | €218,653 | ▼ 21.0% |
| Recurring financial income75 | €131,669 | €104,691 | €194,218 | €276,867 | €218,653 | ▼ 21.0% |
| Financial charges65/66B | €17,349 | €17,123 | €23,182 | €13,017 | €27,191 | ▲ 109% |
| Recurring financial charges65 | €17,349 | €17,123 | €23,182 | €13,017 | €27,191 | ▲ 109% |
| Profit (loss) for the period before taxes9903 | €307,684 | €668,502 | €791,265 | €309,843 | €839,713 | ▲ 171% |
| Income taxes67/77 | €73,263 | €189,594 | €210,526 | €40,896 | €212,772 | ▲ 420% |
| Profit (loss) for the period9904 | €234,421 | €478,908 | €580,739 | €268,947 | €626,941 | ▲ 133% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €105,250 | - |
| Profit (loss) for the period to be appropriated9905 | €234,421 | €478,908 | €580,739 | €268,947 | €521,691 | ▲ 94.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €2.7m | €2.9m | €2.5m | €2.4m | ▼ 1.9% |
| Fixed assets21/28 | €509,990 | €410,142 | €363,237 | €327,045 | €334,553 | ▲ 2.3% |
| Intangible fixed assets21 | €31,740 | - | - | - | - | - |
| Tangible fixed assets22/27 | €440,950 | €372,842 | €325,937 | €289,745 | €297,253 | ▲ 2.6% |
| Land and buildings22 | €327,484 | €195,819 | €201,083 | €176,939 | €190,498 | ▲ 7.7% |
| Furniture and vehicles24 | €113,466 | €177,023 | €124,854 | €112,806 | €106,756 | ▼ 5.4% |
| Financial fixed assets28 | €37,300 | €37,300 | €37,300 | €37,300 | €37,300 | = |
| Current assets29/58 | €1.6m | €2.2m | €2.5m | €2.1m | €2.1m | ▼ 2.6% |
| Stocks and contracts in progress3 | €386,173 | €644,258 | €701,542 | €963,485 | €918,181 | ▼ 4.7% |
| Stocks30/36 | €302,965 | €644,258 | €605,662 | €486,823 | €682,239 | ▲ 40.1% |
| Contracts in progress37 | €83,208 | - | €95,880 | €476,662 | €235,941 | ▼ 50.5% |
| Amounts receivable within one year40/41 | €451,862 | €693,567 | €858,023 | €551,850 | €399,763 | ▼ 27.6% |
| Trade receivables40 | €407,717 | €564,453 | €647,571 | €290,553 | €208,021 | ▼ 28.4% |
| Other amounts receivable41 | €44,145 | €129,114 | €210,452 | €261,297 | €191,742 | ▼ 26.6% |
| Current investments50/53 | €346,887 | €233,004 | €182,587 | €221,982 | €389,116 | ▲ 75.3% |
| Cash at bank and in hand54/58 | €424,313 | €672,130 | €749,080 | €374,804 | €337,573 | ▼ 9.9% |
| Deferred charges and accrued income490/1 | €7,980 | €6,355 | €10,309 | €32,495 | €44,566 | ▲ 37.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €2.7m | €2.9m | €2.5m | €2.4m | ▼ 1.9% |
| Equity10/15 | €1.8m | €2.1m | €2.3m | €2.2m | €2.1m | ▼ 6.9% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €1.7m | €2.0m | €2.1m | €2.1m | €2.0m | ▼ 7.3% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Tax-exempt reserves132 | - | - | - | - | €105,250 | - |
| Distributable reserves133 | €1.7m | €2.0m | €2.1m | €2.1m | €1.9m | ▼ 12.3% |
| Profit (loss) carried forward14 | €90,304 | €90,304 | €90,304 | €90,304 | €90,304 | = |
| Amounts payable17/49 | €351,458 | €578,440 | €608,914 | €242,331 | €348,711 | ▲ 43.9% |
| Amounts payable after more than one year17 | €203,161 | €208,363 | €211,400 | - | €89,069 | - |
| Other amounts payable178/9 | €203,161 | €208,363 | €211,400 | - | €89,069 | - |
| Amounts payable within one year42/48 | €148,298 | €370,077 | €397,514 | €242,331 | €259,643 | ▲ 7.1% |
| Current portion of amounts payable after more than one year42 | €33,430 | - | - | - | €16,838 | - |
| Trade debts44 | €39,541 | €90,363 | €158,920 | €106,601 | €137,705 | ▲ 29.2% |
| Suppliers440/4 | €39,541 | €90,363 | €158,920 | €106,601 | €137,705 | ▲ 29.2% |
| Advances received on contracts in progress46 | - | €106,063 | - | - | - | - |
| Taxes, remuneration and social security45 | €75,327 | €173,651 | €238,594 | €135,730 | €105,099 | ▼ 22.6% |
| Taxes450/3 | €4,195 | €111,636 | €173,142 | €63,556 | €37,169 | ▼ 41.5% |
| Remuneration and social security454/9 | €71,132 | €62,016 | €65,453 | €72,174 | €67,930 | ▼ 5.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €234,421 | €478,908 | €580,739 | €268,947 | €626,941 | ▲ 133% |
| + Depreciation and write-downs630 | €116,379 | €100,655 | €83,963 | €82,719 | €81,341 | ▼ 1.7% |
| Operating cash flow (approximation) | €350,800 | €579,563 | €664,702 | €351,666 | €708,281 | ▲ 101% |
| Investment in fixed assets (approximation) | - | -€808 | -€37,058 | -€46,527 | -€88,849 | ▼ 91.0% |
| Change in cash | - | €247,817 | €76,950 | -€374,276 | -€37,231 | ▲ 90.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €626,941 ▲133%
Operating result €648,251, net result €626,941, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €2mEq €2.1m ▲17.2%
5 profitable years in a row build equity to €2.1m.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €234,421 ▼6.7%
Net result drops to €234,421, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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
Registered office, Büllingen · 1 establishment unit since 2006
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.
Morsheck 134760 Büllingen1 establishment unit
ISYTEC
since 20062.152.548.576
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
- E.T.S. GmbHDEsubsidiarySourceown accounts 2025100%
- IsyluxLUsubsidiarySourceown accounts 202598.4%
According to the 2025 annual accounts of ISYTEC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
7 categoriesISYTEC SRL39445
Similar companies · same sector, comparable size
VANDENBUSSCHE STEPHANE ENGINEERING
BE 0478.468.138
Moorslede · Eq €2,071,862
Lameire
BE 0439.850.359
Roeselare · Eq €2,078,679
YASSINE
BE 0440.132.253
Namur · Eq €2,080,590
INBRAAKVEILIG
BE 0660.598.308
Dendermonde · Eq €2,080,776
Proof Of Concept
BE 0838.525.606
Evere · Eq €2,086,720
Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 2,802 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
27900Manufacture of electrical equipment
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
42220Construction of utility projects for electricity and telecommunications
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
46620Wholesale of machine tools
Contact
Phone
080/643.059Büllingen
E-invoicing
Reachable via Peppol
Peppol ID
0208:0879954997
Registered
09-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.