ISABEL & KJELL
ActiveSummary
ISABEL & KJELL has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €41k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 70% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-5
Solvency83▲+10
Growth57▼-17
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.66 in 2024; short-term debt: 35.3% and cash: 21% of total assets), and 41.6% 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
58.4%
Return on assets
13.4%
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 03-03-2026, 150 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
150 d early
2024
41 d early
2023
51 d early
2022
47 d early
2021
46 d early
2020
54 d early
2019
58 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
Turnover
€605k▲ 10.0%
2021 · €551k
2021: €551k
2021 → 2022
EBIT margin
4.1%▼ 6.8pp
2021 · 11.0%
2021: 11.0%
2021 → 2022
Net result
€41k▼ 30.4%
2024 · €60k
2018: €51k
2019: €24k
2020: €53k
2021: €40k
2022: €11k
2023: €56k
2024: €60k
2018 → 2025
Working capital
€-25k▲ 49.5%
2024 · €-49k
2018: €172k
2019: €153k
2020: €175k
2021: €136k
2022: €1k
2023: €-45k
2024: €-49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€551k-€605k▲ 10.0%
Equity€199k-€100k▼ 49.8%€140k▲ 40.7%€170k▲ 21.1%€181k▲ 6.7%
Operating result€60k-€25k▼ 58.6%€76k▲ 204%€84k▲ 9.9%€55k▼ 34.4%
Net result€40k-€11k▼ 72.3%€56k▲ 404%€60k▲ 7.1%€41k▼ 30.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310k
Fixed assets
€226k ▼ 13.6%
Current assets
€85k ▼ 9.9%
Equity and liabilities €310k
Equity
€181k ▲ 6.7%
Debt
€129k ▼ 30.3%
Debt's share of the balance-sheet total falls from 52.2% to 41.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€90k▼
2024 · €119k
Cash flow
€77k▼
2024 · €94k
Current ratio
0.78▲
2024 · 0.66
Quick ratio
0.72▲
2024 · 0.62
Debt to equity
0.71▼
2024 · 1.09
ROE
22.9%▼
2024 · 35.1%
ROA
13.4%▼
2024 · 16.8%
Interest coverage
18.09▼
2024 · 32.86
Debt ≤ 1 year
€110k▼
2024 · €143k
Debt > 1 year
€20k▼
2024 · €42k
Income taxes
€10k▼
2024 · €18k
Staff costs
€101k▲
2024 · €88k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€355k€310k▼
Fixed assets21/28€261k€226k▼
Tangible fixed assets22/27€261k€226k▼
Land and buildings22€111k€100k▼
Plant, machinery and equipment23€27k€23k▼
Furniture and vehicles24€88k€73k▼
Other tangible fixed assets26€35k€29k▼
Current assets29/58€94k€85k▼
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€13k€14k▲
Trade receivables40€4k€7k▲
Other amounts receivable41€9k€7k▼
Cash at bank and in hand54/58€71k€65k▼
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€355k€310k▼
Equity10/15€170k€181k▲
Contributions10/11€60k€60k=
Capital10€60k€60k=
Issued capital100€60k€60k=
Reserves13€110k€121k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€104k€115k▲
Amounts payable17/49€185k€129k▼
Amounts payable after more than one year17€42k€20k▼
Financial debts170/4€42k€20k▼
Amounts payable within one year42/48€143k€110k▼
Current portion of amounts payable after more than one year42€50k€23k▼
Trade debts44€27k€25k▼
Suppliers440/4€27k€25k▼
Taxes, remuneration and social security45€25k€25k▼
Taxes450/3€8k€6k▼
Remuneration and social security454/9€17k€19k▲
Other amounts payable47/48€41k€37k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€362k€330k▼
Remuneration, social security and pensions62€88k€101k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€35k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€209k€194k▼
Operating profit (loss)9901€84k€55k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€8k€5k▼
Recurring financial charges65€4k€5k▲
Non-recurring financial charges66B€4k-
Profit (loss) for the period before taxes9903€77k€52k▼
Income taxes67/77€18k€10k▼
Profit (loss) for the period9904€60k€41k▼
Profit (loss) for the period to be appropriated9905€60k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€41k▼
Transfer to equity691/2€30k€11k▼
To other reserves6921€30k€11k▼
Profit to be distributed694/7€30k€30k=
Return on contributions (dividend)694€30k€30k=
The notes to these accounts (4 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
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €60k ▲7.1%
Operating result €84k, net result €60k, both a record.
31-12
Financial
Equity above €150kEq €170k ▲21.1%
7 profitable years in a row build equity to €170k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €140k ▲40.7%
6 profitable years in a row build equity to €140k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €11k ▼72.3%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €174k ▲29%
3 profitable years in a row build equity to €174k.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kontich · 1 establishment unit since 2003
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.
Spoorwegstraat 12550 KontichGround area
123 m²
Building footprint
76 m²
Volume, LiDAR
776 m³
Parcel 11024B0322/00L005, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Luverco
since 20032.131.467.508
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0322/00L005 | Flanders | 123 m² | 1 · 76 m² | 14.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKontich2.131.467.508
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BROOD EN BANKET SASCHA
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BOULANGERIE-PÂTISSERIE VANDER CAMMEN
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,100. 838 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
Founded25-10-2002
Fiscal year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.