Isytech
ActiveSummary
Isytech has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156k and a net result of €4k. Equity is growing by ~37.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▲+41
Solvency40▲+13
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.7 in 2024; short-term debt: 51.2% and cash: 15.3% of total assets), but 85.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies
more bankruptcies →
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
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
14.9%
Return on assets
0.4%
Age of the figures
9 mo
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
34 d early
2023
133 d early
2022
11 d early
2021
11 d early
2020
12 d early
2019
27 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€156k▲ 1,206%
2024 · €12k
2018: €21k
2019: €23k
2020: €31k
2021: €57k
2022: €-35k
2023: €83k
2024: €12k
2018 → 2025
Total assets
€1.05M▲ 43.2%
2024 · €733k
2018: €22k
2019: €23k
2020: €57k
2021: €89k
2022: €280k
2023: €522k
2024: €733k
2018 → 2025
Net result
€4k
2024 · €-71k
2018: €-2k
2019: €1k
2020: €8k
2021: €27k
2022: €-92k
2023: €7k
2024: €-71k
2018 → 2025
Working capital
€341k▲ 35.1%
2024 · €252k
2018: €21k
2019: €23k
2020: €28k
2021: €56k
2022: €-59k
2023: €60k
2024: €252k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€-35k€83k€12k▼ 85.6%€156k▲ 1,206%
Operating result€38k-€-92k€10k€-59k€18k
Net result€27k-€-92k€7k€-71k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €18k after a loss of €59k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€172k ▲ 44.5%
Current assets
€878k ▲ 43.0%
Equity and liabilities €1.05M
Equity
€156k ▲ 1,206%
Debt
€894k ▲ 24.0%
Debt's share of the balance-sheet total falls from 98.4% to 85.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57k▲
2024 · €-28k
Cash flow
€44k▲
2024 · €-40k
Current ratio
1.63▼
2024 · 1.70
Quick ratio
0.76▲
2024 · 0.47
Debt to equity
5.73▼
2024 · 60.35
ROE
2.7%▲
2024 · -593.7%
ROA
0.4%▲
2024 · -9.7%
Interest coverage
3.45▲
2024 · -1.86
Debt ≤ 1 year
€538k▲
2024 · €362k
Debt > 1 year
€356k▼
2024 · €358k
Income taxes
€540▲
2024 · €462
Staff costs
€115k▲
2024 · €103k
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 · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€733k€1.05M▲
Fixed assets21/28€119k€172k▲
Intangible fixed assets21€7k€34k▲
Tangible fixed assets22/27€106k€131k▲
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€8k€14k▲
Furniture and vehicles24€60k€57k▼
Leasing and similar rights25€35k€58k▲
Other tangible fixed assets26€1k€1k▼
Financial fixed assets28€7k€7k▼
Current assets29/58€614k€878k▲
Stocks and contracts in progress3€443k€469k▲
Stocks30/36€443k€469k▲
Amounts receivable within one year40/41€102k€237k▲
Trade receivables40€102k€233k▲
Other amounts receivable41-€3k
Cash at bank and in hand54/58€63k€160k▲
Deferred charges and accrued income490/1€7k€13k▲
Equity and liabilities
Total equity and liabilities10/49€733k€1.05M▲
Equity10/15€12k€156k▲
Contributions10/11€119k€259k▲
Reserves13€51k€51k=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14€-158k€-153k▲
Amounts payable17/49€721k€894k▲
Amounts payable after more than one year17€358k€356k▼
Financial debts170/4€69k€62k▼
Other amounts payable178/9€289k€295k▲
Amounts payable within one year42/48€362k€538k▲
Current portion of amounts payable after more than one year42€30k€40k▲
Financial debts43€207k€300k▲
Credit institutions430/8€207k€300k▲
Trade debts44€97k€124k▲
Suppliers440/4€97k€124k▲
Advances received on contracts in progress46-€10k
Taxes, remuneration and social security45€29k€64k▲
Taxes450/3€17k€44k▲
Remuneration and social security454/9€12k€20k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Non-recurring operating income76A€1k€0▼
Remuneration, social security and pensions62€103k€115k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€40k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A-€19k
Gross operating margin9900€78k€194k▲
Operating profit (loss)9901€-59k€18k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€15k€17k▲
Recurring financial charges65€15k€17k▲
Profit (loss) for the period before taxes9903€-70k€5k▲
Income taxes67/77€462€540▲
Profit (loss) for the period9904€-71k€4k▲
Profit (loss) for the period to be appropriated9905€-71k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-158k€-153k▲
Profit (loss) brought forward from the previous period14P€-87k€-158k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-12
Financial
Equity above €150kEq €156k ▲1206%
Equity rises from €12k to €156k.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-92k ▼443%
Net result drops to €-92k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €27k ▲220%
Operating result €38k, net result €27k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Registered office, Kruisem · 2 establishment units since 2002
Ground area
6,652 m²
Building footprint
1,287 m²
Volume, LiDAR
8,528 m³
2 parcels, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ISYTECH
since 20022.101.881.815
Isytech BV
since 20232.350.898.631
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038A0583/00E000 | Flanders | 4,798 m² | 1 · 1,015 m² | 8.7 m · 3 fl. |
| 45053A0517/00F000 | Flanders | 1,853 m² | 1 · 272 m² | 10.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NEURODATA DESIGN
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MUMEDIA
BE 0432.027.409
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VISTA SECURITY
BE 0861.896.567
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BUYSE BEVEILIGING
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Of 122 companies in sector 26300 we hold annual accounts for 97. 61 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2002
Fiscal year end31-12
Activities, NACEBEL 2025
26300Manufacture of computer, electronic and optical products
46500Wholesale of information and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:wim@isytech.be
Phone:+32473983382