ILSANNELL

Active

Private limited companyfounded 200521 yrs activeClockemstraat 44, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0875.003.346

ILSANNELL has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 17932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

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Checked score

Score 2025

71 / 100

Healthy▲ +40 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+100

Solvency28▼-21

Growth78▲+46

Stability100

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity tight (current ratio 1.36 against 1.19 in 2024), and 86.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

13.2%

Return on assets

17.5%

Age of the figures

8 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

6 d late

2024

9 d early

2023

40 d early

2022

18 d late

2021

44 d late

2020

4 d late

2019

20 d late

← before the deadline after the deadline →

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 months

Position in the running window

11-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover

€271k

EBIT margin

-1.3%

Net result

€30k▲ 1,105%

2024 · €2k

2018: €4k 2019: €274 2020: €-4k 2021: €-5k 2022: €-6k 2023: €1k 2024: €2k

2018 → 2025

Working capital

€39k▲ 131%

2024 · €17k

2018: €3k 2019: €3k 2020: €-1k 2021: €-6k 2022: €-13k 2023: €-12k 2024: €17k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-5k-€-11k▼ 116%€-10k▲ 13.2%€-7k▲ 25.3%€22k

Operating result€-4k-€-5k▼ 15.7%€3k€4k▲ 28.3%€40k▲ 1,018%

Net result€-5k-€-6k▼ 12.7%€1k€2k▲ 65.9%€30k▲ 1,105%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1,018% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €170k

14.3%

85.7%

Fixed assets €24k▲ 2.9%

Current assets €146k▲ 37.1%

Equity and liabilities €170k

13.2%

86.8%

Equity €22k

Debt €148k

Debt finances 86.8% of the balance-sheet total.

Key figures and ratios

2025 value · change against 2024

EBITDA

€42k▲

2024 · €5k

Cash flow

€32k▲

2024 · €4k

Solvency

13.2%▲

2024 · -5.6%

Current ratio

1.36▲

2024 · 1.19

Quick ratio

0.62▲

2024 · 0.24

Debt / equity

6.57▲

2024 · -18.76

ROE

132.5%▲

2024 · -33.8%

ROA

17.5%▲

2024 · 1.9%

Interest coverage

6.18▲

2024 · 4.30

Debt

€148k▲

2024 · €137k

Debt ≤ 1 year

€107k▲

2024 · €90k

Debt > 1 year

€41k▼

2024 · €48k

Income taxes

€3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€130k€170k▲

Fixed assets21/28€24k€24k▲

Tangible fixed assets22/27€19k€20k▲

Land and buildings22-€1k

Plant, machinery and equipment23€19k€18k▼

Furniture and vehicles24€643€153▼

Financial fixed assets28€4k€4k=

Current assets29/58€106k€146k▲

Stocks and contracts in progress3€85k€80k▼

Stocks30/36€85k€80k▼

Amounts receivable within one year40/41€130€12k▲

Trade receivables40-€2k

Other amounts receivable41€130€10k▲

Cash at bank and in hand54/58€21k€54k▲

Equity and liabilities

Total equity and liabilities10/49€130k€170k▲

Equity10/15€-7k€22k▲

Contributions10/11€19k€19k=

Reserves13€1k€1k=

Distributable reserves133€1k€1k=

Profit (loss) carried forward14€-27k€3k▲

Amounts payable17/49€137k€148k▲

Amounts payable after more than one year17€48k€41k▼

Financial debts170/4€48k€41k▼

Amounts payable within one year42/48€90k€107k▲

Current portion of amounts payable after more than one year42€7k€7k▲

Trade debts44€14k€33k▲

Suppliers440/4€14k€33k▲

Taxes, remuneration and social security45€9k€8k▼

Taxes450/3€967€6k▲

Remuneration and social security454/9€8k€2k▼

Other amounts payable47/48€60k€59k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲

Other operating charges640/8€1k€2k▲

Gross operating margin9900€6k€44k▲

Operating profit (loss)9901€4k€40k▲

Financial income75/76B€0€3▲

Recurring financial income75€0€3▲

Financial charges65/66B€1k€7k▲

Recurring financial charges65€1k€7k▲

Profit (loss) for the period before taxes9903€2k€33k▲

Income taxes67/77-€3k

Profit (loss) for the period9904€2k€30k▲

Profit (loss) for the period to be appropriated9905€2k€30k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-27k€3k▲

Profit (loss) brought forward from the previous period14P€-30k€-27k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

06-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 6 days late

2025

31-12

Financial Highest result since 2018net €30k ▲1105%

Operating result €40k, net result €30k, both a record.

22-07

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 Back to profitnet €1k

Net result €1k after 3 loss-making years.

18-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 18 days late

2022

31-12

Financial Weakest financial yearnet €-6k

Net result drops to €-6k, the lowest in the series; recovery starts the following year.

13-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 44 days late

2021

04-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 4 days late

2020

20-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 20 days late

2019

29-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

21-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

22-06

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.

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

3 directors, last change in 2024

SIMRAN

Director · since 30-09-2024

Current

SINGH, Manpreet

Director · since 30-09-2024

Current

SINGH, Ranjit

Director · since 19-06-2024

Current

30-09-2024 SIMRAN: Appointed as Director

30-09-2024 SINGH, Manpreet: Appointed as Director

19-06-2024 SINGH, Ranjit: Resigned as Director

19-06-2024 SINGH, Ranjit: Appointed as Director

Not every act has been read: a resignation may be missing here

4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Sint-Truiden · 2 establishment units since 2005

exact location from the address register On OpenStreetMap

Ground area

869 m²

Building footprint

325 m²

Volume, LiDAR

1,957 m³

2 parcels, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

Ilsannell