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Isytech

Active Private limited companyfounded 2002active for 24 yearsVaddenhoek 8, 9772 KruisemKBO/BCE: BE 0477.828.631

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €194,480 (2025)
€194,480▲ 151%
lowest -€92,439 (2022)
€4,186▲ €75,147
peak €156,138 (2025)
€156,138▲ 13×
€894,331▲ 24.0%
peak 0.8 FTE (2006)
-not published
Board3 names since 2002
1 directorWimIserbyt
Documentsfilings and deeds
28-05-202664 days before the deadline
2025micro format
Gross margin from €77,512 to €194,480Back to profit: €4,186Equity from €11,952 to €156,138Debts from €721,370 to €894,331Investments €92,567Cash from €62,655 to €160,260

Key points

from the 2025 annual accounts

Equity

€156,138 ▲ 13×
€12,0002024€156,0002025

Equity rose in 2025 from €11,952 to €156,138.

Turnover

≈ €490,000 estimated

The micro format states no turnover.

Debts

€894,331 85% of the balance sheet
Financial debts 41%Suppliers 14%Taxes and wages 7%Other 38%

Of this, €537,865 falls due within a year.

Investments

€92,702 2.3 × depreciation
2022202320242025

Green is investment, beige is depreciation. Machinery stands 69.9% higher than in 2024.

Staff

2 employees on 31-12-2025
102023102024772025

In 2025, 7 people joined and 7 left.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Two of the last ten came late. The 2017 accounts came latest: 28 days after the end of the period.

Checked score

94
Excellent
Financially stronger than 48% of micro companies in computer and electronic products (NACE 26)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 447 companies (NACE 26, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.4%▲ +0.1 percentage points vs 02-2026highest value 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.3%▼ -0.1 percentage points vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.1%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Weak

40+13equity 14.9% of total assets
43+7short-term debt 51.2% · cash 15.3%
48+41return on assets 0.4%

Score breakdown

raises risk
Equity €156,138 (14.9% of total assets)
lowers risk
Size: total assets €1.1m
Figures for financial year 2025 (filed on 02-06-2026)
Sector: Manufacture of computer, electronic and optical products (NACE 26)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 26, micro). It does better than 29% of them on solvency, 29% on liquidity, 37% on profitability and 99% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 3,984 companies had the same profile as Isytech has now. Each dot stands for 10 companies, two years later.

96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Isytech itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 3,984 companies, not a prediction for Isytech. 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

Credit of up to €14,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.63 (1.7 in 2024), above the usual 1.5. Short-term debt is 51.2% and cash 15.3% of total assets. However, 85.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €156,138 (14.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 02-06-2026)
NBB · annual accounts
lowers risk · Sector: Manufacture of computer, electronic and optical products (NACE 26)
KBO
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 filings
Deviation from the deadline
2025
64 days early
2024
34 days early
2023
133 days early
2022
11 days early
2021
11 days early
2020
12 days early
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

W
Director
  • Wim Iserbyt 0 sharesdeed of 05-01-2026
Board & ownership

Recent changes

Capital contribution of €140,000 Contribution: Wim Iserbyt · “toevoeging van consultancy,export en import,aan-en verkoop,belettering,assemblage,productie en opslag…” (deed in Dutch) · Wim Iserbyt holds all the shares · General meeting of 29-12-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0477828631
Capital contribution of €100,000 Resignation: WimIserbyt (manager) · Reappointment: WimIserbyt (director) · Appointments: NancyVanSteenkiste (successor director) and VAN STEENKISTE Nancy Petra Lucrèce (successor director) · General meeting of 21-11-2023 · Gazette deed
New establishment in Anzegem Isytech BV, Oudenaardestraat 53
All 43 events

Comparable companies

same main activity, similar in size and age
Company
Isytech Kruisem €1.1m €194,480 14.9% -
@SAT Kortrijk €0.9m €316,452 81.6% -
2 Sign & Safe Antwerp €0.9m €288,225 81.6% 2.5
E + MANUFACTURING Lasne €0.8m €101,656 44.5% 1.3
SCREEN DESIGN Uccle €0.5m €253,095 59.6% -
ALPHA ELECTRONICS Mont-Saint-Guibert €2.0m €509,666 35.6% 6.4
BRANDBEVEILIGING MARLIER Aalst €1.2m €602,526 67.8% 5.1

These companies have the same main activity as Isytech: manufacture of computer, electronic and optical products (NACE 26300). They are comparable in size and age: total assets between €533,000 and €2m, founded between 1996 and 2006.

Official details

Source: KBO
Status
Active since 25-06-2002Normal situation
Activity
Manufacture of computer, electronic and optical productsNACE 26300and 1 other
Establishment units
2.101.881.8159772 Kruisem, since 29-07-2002
2.350.898.6318570 Anzegem, since 15-09-2023
Financial year end
31 December
Peppol
Reachable since 22-12-2025
Company details

Annual accounts 2025

€1.1m▲ 43.2%
Employeeson 31-12-2025
2=
Filing
Filed on 28-05-2026, 64 days before the end of the filing period
Financials

Insights on Isytech

Isytech files the micro format. That format states no turnover. The gross margin rose from €43,722 in 2006 to €194,480 in 2025.

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 Isytech

What is the company number of Isytech?
The company number of Isytech is 0477.828.631. The VAT number is the same number with BE in front: BE 0477.828.631.
Where is Isytech based?
The registered office is at Vaddenhoek 8, 9772 Kruisem.Company details
What does Isytech do?
According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26300).
What is the legal form of Isytech?
Isytech is a private limited company (BV).
When was Isytech founded?
Isytech was founded on 25-06-2002.
Is Isytech still active?
Yes, Isytech is an active enterprise in the KBO register.
How many employees does Isytech have?
Isytech had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Isytech?
The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €194,480 and 2,203 comparable companies of the same size. It probably lies between €320,000 and €750,000. It is a rough estimate.
Is Isytech profitable?
In financial year 2025, Isytech made a profit of €4,186.
Where can I find the annual accounts of Isytech?
Isytech filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Isytech due?
Isytech must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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