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ISCO

Active
Melkwegel(HEU) 70 ·9070 Destelbergen, Belgium
KBO/BCE: BE 1005.132.608
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Age2 yrs
Real estate1 parcel · 2,661 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ISCO is 0.5% (very low). The 2024 annual accounts show equity of €43k and a net result of €40k. Its solvency ranks better than 50% of 12464 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 21-08-2025 21 d late 2025-00389505

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.5% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€40k
Working capital€35k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 21-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 60.2% 60.6%
better than 50% of 12464 sector peers
Net result €40k €31k
better than 58% of 12466 sector peers
Equity €43k €63k
better than 39% of 12472 sector peers
Gross operating margin €55k €52k
better than 52% of 12452 sector peers
Total assets €72k €124k
better than 30% of 12465 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€54k
Net profit€40k
Cash flow€43k
Staff costs-
Income taxes€11k
Dividends-
Total assets€72k
Equity€43k
Debt€29k
of which ≤ 1y€29k
of which > 1y-
Working capital€35k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.22
Quick ratio2.22
Working capital ratio48.8%
Solvency60.2%
Debt / equity0.66
Long-term debt ratio-
Interest coverage194.24
Gross margin-
Net margin-
ROA56.0%
ROE93.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€72k
Fixed assets 21/28€8k
Formation expenses 20€631
Tangible fixed assets 22/27€8k
Current assets 29/58€63k
Cash & bank 54/58€51k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€72k
Equity 10/15€43k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€40k
Amounts payable 17/49€29k
Amounts payable within one year 42/48€29k
Trade debts payable within one year 44€14k
Income statement
Gross operating margin 9900€55k
Operating result 9901€51k
Financial charges 65€276
Result before taxes 9903€51k
Income taxes 67/77€11k
Net result for the period 9904€40k
Result to be appropriated 9905€40k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Melkwegel(HEU) 709070 Destelbergen

Establishment units

1 location
ISCO
Melkwegel(HEU) 70, 9070 DestelbergenManagementsactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.
since 20242.355.911.947
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,661 m²
Buildings1
Building footprint240 m²
Volume (LiDAR)1,025 m³
Tallest building11.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44028A0624/00K002 Flanders 2,661 m² 1 · 240 m² 11.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability100Solvency98Growth-Stability67
90 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 93
Profitability 100
Solvency 98
Growth -
Stability 67

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 15,428 of the 82,011 companies in this sector. 12,794 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten op het vlak van geestelijke gezondheidszorg, m.u.v. psychiatrische ziekenhuizen en verzorgingstehuizen86904Activiteiten op het gebied van psychologie86931
Primary activity highlighted.
Names & trade names
Legal nameNL ISCO
Registered office
Melkwegel(HEU) 70
9070 Destelbergen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.