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Kurt Van Iseghem

Active
Private limited companyfounded 2010active for 16 yearsStrepestraat 5, 8820 Torhout, BelgiumKBO/BCE: BE 0822.476.757

From the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Kurt Van Iseghem has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,255 and a net result of -€2,364. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 29% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 19-01-2010 Normal situation
Activity
General electrical installation work NACE 43211
Establishment unit
2.184.397.438 8820 Torhout, since 27-01-2010
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Board

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€31,642
▼ 21.3%
Turnover
≈ €150,000
estimated
Loss
€2,364
Equity
€70,255
▼ 26.1%
Total assets
€259,286
▼ 4.4%
Filed on 29-06-2026, 32 days before the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 0.74, cash €491, halvedSector: Specialised construction activities (NACE 43)Loss of €2,364 (financial year 2025)lowers riskFounded in 2010Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 23% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 52-8
equity 27.1% of total assets
Liquidity 41-8
short-term debt 25.0% · cash 0.2%
Profitability 37-13
return on assets -0.9%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025lowest value 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▼ -0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 0.7%● unchanged vs 07-2026highest value 09-2026: 0.7%● unchanged vs 08-2026highest value 10-2026: 0.7%● unchanged vs 09-2026highest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.74 (1.16 in 2024), below 1. Short-term debt is 25% and cash 0.2% of total assets. 72.9% of the assets are financed with debt and provisions.
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 43, micro). It does better than 29% of them on solvency, 30% on liquidity, 18% on profitability and 15% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.74, cash €491, halved
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Loss of €2,364 (financial year 2025)
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
38 days early
2023
35 days early
2022
30 days late
2021
35 days early
2020
35 days early
2019
31 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 16 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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
01-11-2026 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

Key points

  • Caution: Lower net result than 80% of companies in specialised constructionsector median €10,227 · 34,889 companies -€2,364 View

Comparable companies

These companies have the same main activity as Kurt Van Iseghem: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €233,000 and €288,000, founded between 2010 and 2011.

CompanyTotal assetsGross margin
Kurt Van Iseghem Torhout€259,286€31,642
CABLE INC. Harelbeke€264,435€37,348
RENATEC Oostende€232,789€31,075
NOPPE PIETER Ledegem€287,596€29,117
M.S.E Ganshoren€268,489€31,692
JENIGO Waterloo€272,284€29,969
EnergySolutions Péruwelz€259,411€36,016
Full comparison

Documents

Annual accounts at the NBB

All 16 annual accounts

Articles and registers

Key facts about Kurt Van Iseghem

What is the company number of Kurt Van Iseghem?
The company number of Kurt Van Iseghem is 0822.476.757. The VAT number is the same number with BE in front: BE 0822.476.757.
Where is Kurt Van Iseghem based?
The registered office is at Strepestraat 5, 8820 Torhout.Company details
What does Kurt Van Iseghem do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Kurt Van Iseghem?
The legal form of Kurt Van Iseghem is Private limited company (BV).
When was Kurt Van Iseghem founded?
Kurt Van Iseghem was founded on 19-01-2010.
Is Kurt Van Iseghem still active?
Yes, Kurt Van Iseghem is an active enterprise in the KBO register.
What is the turnover of Kurt Van Iseghem?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €31,642 and 45 comparable companies (NACE 43211). It probably lies between €100,000 and €230,000.Financials
Is Kurt Van Iseghem profitable?
In financial year 2025, Kurt Van Iseghem made a loss of €2,364.
Where can I find the annual accounts of Kurt Van Iseghem?
Kurt Van Iseghem filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Kurt Van Iseghem due?
Kurt Van Iseghem must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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