VAN ISTERDAEL KOEN
ActiveSummary
VAN ISTERDAEL KOEN has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128k and a net result of €18k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 21% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+1
Solvency44▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.31 in 2024; short-term debt: 27.7% and cash: 2.8% of total assets), and 80.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
Sector 43
higher
← 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
19.3%
Return on assets
2.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 21%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
48 d early
2023
40 d early
2022
3 d early
2021
26 d early
2020
43 d early
2019
7 d early
← 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
€128k▲ 3.4%
2024 · €124k
2018: €87k
2019: €110k
2020: €124k
2021: €153k
2022: €159k
2023: €130k
2024: €124k
2018 → 2025
Total assets
€665k▼ 3.8%
2024 · €691k
2018: €287k
2019: €288k
2020: €318k
2021: €548k
2022: €757k
2023: €747k
2024: €691k
2018 → 2025
Net result
€18k▲ 5.2%
2024 · €17k
2018: €10k
2019: €23k
2020: €14k
2021: €29k
2022: €32k
2023: €32k
2024: €17k
2018 → 2025
Working capital
€-126k▼ 0.5%
2024 · €-125k
2018: €-67k
2019: €-17k
2020: €1k
2021: €48k
2022: €-58k
2023: €-130k
2024: €-125k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€153k-€159k▲ 3.7%€130k▼ 18.3%€124k▼ 4.2%€128k▲ 3.4%
Operating result€38k-€43k▲ 13.4%€45k▲ 3.9%€39k▼ 12.4%€39k▼ 1.3%
Net result€29k-€32k▲ 9.9%€32k▲ 1.2%€17k▼ 45.9%€18k▲ 5.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €665k
Fixed assets
€606k ▼ 4.5%
Current assets
€59k ▲ 4.0%
Equity and liabilities €665k
Equity
€128k ▲ 3.4%
Debt
€537k ▼ 5.3%
Debt's share of the balance-sheet total falls from 82.0% to 80.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77k▼
2024 · €86k
Cash flow
€57k▼
2024 · €64k
Current ratio
0.32▲
2024 · 0.31
Quick ratio
0.12▼
2024 · 0.15
Debt to equity
4.18▼
2024 · 4.57
ROE
14.2%▲
2024 · 14.0%
ROA
2.7%▲
2024 · 2.5%
Interest coverage
5.98▲
2024 · 5.89
Debt ≤ 1 year
€184k▲
2024 · €182k
Debt > 1 year
€352k▼
2024 · €386k
Income taxes
€8k▲
2024 · €8k
Staff costs
€33k▼
2024 · €96k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€691k€665k▼
Fixed assets21/28€635k€606k▼
Tangible fixed assets22/27€634k€606k▼
Land and buildings22€615k€593k▼
Plant, machinery and equipment23€16k€10k▼
Furniture and vehicles24€3k€3k▼
Financial fixed assets28€135€135=
Current assets29/58€57k€59k▲
Stocks and contracts in progress3€30k€36k▲
Stocks30/36€30k€36k▲
Amounts receivable within one year40/41€19k€3k▼
Trade receivables40€17k€2k▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€2k€19k▲
Deferred charges and accrued income490/1€5k€1k▼
Equity and liabilities
Total equity and liabilities10/49€691k€665k▼
Equity10/15€124k€128k▲
Reserves13€124k€128k▲
Distributable reserves133€124k€128k▲
Amounts payable17/49€567k€537k▼
Amounts payable after more than one year17€386k€352k▼
Financial debts170/4€386k€352k▼
Amounts payable within one year42/48€182k€184k▲
Current portion of amounts payable after more than one year42€33k€33k▲
Trade debts44€9k€16k▲
Suppliers440/4€9k€16k▲
Taxes, remuneration and social security45€14k€7k▼
Taxes450/3€12k€7k▼
Remuneration and social security454/9€3k€745▼
Other amounts payable47/48€126k€128k▲
Income statement
Code20242025
Remuneration, social security and pensions62€96k€33k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€38k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€186k€115k▼
Operating profit (loss)9901€39k€39k▼
Financial income75/76B€291€293▲
Recurring financial income75€291€293▲
Financial charges65/66B€15k€13k▼
Recurring financial charges65€15k€13k▼
Profit (loss) for the period before taxes9903€25k€26k▲
Income taxes67/77€8k€8k▲
Profit (loss) for the period9904€17k€18k▲
Profit (loss) for the period to be appropriated9905€17k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€18k▲
Transfer from equity791/2€23k€14k▼
Transfer to equity691/2€17k€18k▲
To other reserves6921€17k€18k▲
Profit to be distributed694/7€23k€14k▼
Return on contributions (dividend)694€23k€14k▼
The notes to these accounts (9 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €32k ▲1.2%
Operating result €45k, net result €32k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €153k ▲23.3%
4 profitable years in a row build equity to €153k.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €110k ▲26.2%
2 profitable years in a row build equity to €110k.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
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.
Directors · office · real estate
Directors
2 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, Ninove · 1 establishment unit since 2016
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.
Kouterbaan(Oke) 249400 NinoveGround area
6,453 m²
Building footprint
2,875 m²
Volume, LiDAR
958 m³
2 parcels, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Van Isterdael Koen Bvba
since 20162.252.578.738
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B0112/00W000 | Flanders | 6,180 m² | 1 · 2,699 m² | - |
| 41049A0446/00Z005 | Flanders | 273 m² | 1 · 176 m² | 10.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 206 EUR awarded · 206 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 137 EUR | 137 EUR |
| 2022 | 1 | 69 EUR | 69 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsBinnen- en buitenschrijnwerk duaal (so)
Interieurbouwer duaal (so)
Similar companies · same sector, comparable size
THE DOORS
BE 0556.690.423
Brugge · Eq €128,404
GYPROCA
BE 0471.558.372
Sint-Truiden · Eq €128,437
BAST
BE 0666.620.325
Riemst · Eq €128,463
L.G.T.
BE 0459.840.376
Soignies · Eq €128,325
PRO'POSE
BE 0844.935.623
Waremme · Eq €128,322
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,690 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
Founded07-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.