Iscomm
ActiveSummary
Iscomm has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.11M and a net result of €1.40M. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+19
Solvency86▲+24
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 0.87 in 2023; short-term debt: 29.6% and cash: 7.3% of total assets), and 38.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
61.5%
Return on assets
40.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
34 d early
2022
11 d late
2021
2 d early
2020
30 d late
2019
39 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.11M▲ 196%
2023 · €715k
2018: €340klowest in 7 years
2019: €443k▲ +30.2% vs 2018
2020: €555k▲ +25.4% vs 2019
2021: €641k▲ +15.6% vs 2020
2022: €727k▲ +13.4% vs 2021
2023: €715k▼ -1.7% vs 2022
2024: €2.11M▲ +196% vs 2023highest in 7 years
2018 → 2024
Total assets
€3.44M▲ 78.3%
2023 · €1.93M
2018: €569klowest in 7 years
2019: €682k▲ +20.0% vs 2018
2020: €693k▲ +1.6% vs 2019
2021: €754k▲ +8.9% vs 2020
2022: €763k▲ +1.1% vs 2021
2023: €1.93M▲ +153% vs 2022
2024: €3.44M▲ +78.3% vs 2023highest in 7 years
2018 → 2024
Net result
€1.40M▲ 647%
2023 · €187k
2018: €328k
2019: €103k▼ -68.7% vs 2018
2020: €112k▲ +9.4% vs 2019
2021: €80k▼ -28.6% vs 2020lowest in 7 years
2022: €86k▲ +7.2% vs 2021
2023: €187k▲ +118% vs 2022
2024: €1.40M▲ +647% vs 2023highest in 7 years
2018 → 2024
Working capital
€1.16M
2023 · €-98k
2018: €332k
2019: €432k▲ +30.2% vs 2018
2020: €532k▲ +23.1% vs 2019
2021: €626k▲ +17.8% vs 2020
2022: €713k▲ +13.9% vs 2021
2023: €-98k▼ -114% vs 2022lowest in 7 years
2024: €1.16M▲ +1288% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€555k-€641k▲ 15.6%€727k▲ 13.4%€715k▼ 1.7%€2.11M▲ 196%
2020: €555klowest in 5 years
2021: €641k▲ +15.6% vs 2020
2022: €727k▲ +13.4% vs 2021
2023: €715k▼ -1.7% vs 2022
2024: €2.11M▲ +196% vs 2023highest in 5 years
Operating result€142k-€102k▼ 28.0%€114k▲ 11.4%€273k▲ 139%€1.57M▲ 477%
2020: €142k
2021: €102k▼ -28.0% vs 2020lowest in 5 years
2022: €114k▲ +11.4% vs 2021
2023: €273k▲ +139% vs 2022
2024: €1.57M▲ +477% vs 2023highest in 5 years
Net result€112k-€80k▼ 28.6%€86k▲ 7.2%€187k▲ 118%€1.40M▲ 647%
2020: €112k
2021: €80k▼ -28.6% vs 2020lowest in 5 years
2022: €86k▲ +7.2% vs 2021
2023: €187k▲ +118% vs 2022
2024: €1.40M▲ +647% vs 2023highest in 5 years
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 2021 the operating result has climbed three years in a row; 2024 is 477% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.44M
Fixed assets
€1.26M ▲ 0.3%
Current assets
€2.17M ▲ 225%
Equity and liabilities €3.44M
Equity
€2.11M ▲ 196%
Debt
€1.32M ▲ 9.1%
Debt's share of the balance-sheet total falls from 63.0% to 38.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.58M▲
2023 · €276k
Cash flow
€1.40M▲
2023 · €191k
Current ratio
2.14▲
2023 · 0.87
Debt to equity
0.63▼
2023 · 1.70
ROE
66.2%▲
2023 · 26.2%
ROA
40.7%▲
2023 · 9.7%
Interest coverage
43.46▲
2023 · 30.17
Debt ≤ 1 year
€1.02M▲
2023 · €766k
Debt > 1 year
€309k▼
2023 · €448k
Income taxes
€409k▲
2023 · €76k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.93M€3.44M▲
Fixed assets21/28€1.26M€1.26M▲
Tangible fixed assets22/27€10k€14k▲
Plant, machinery and equipment23€10k€14k▲
Financial fixed assets28€1.25M€1.25M=
Current assets29/58€669k€2.17M▲
Amounts receivable within one year40/41€154k€1.66M▲
Trade receivables40€118k€686k▲
Other amounts receivable41€37k€976k▲
Cash at bank and in hand54/58€489k€251k▼
Deferred charges and accrued income490/1€25k€262k▲
Equity and liabilities
Total equity and liabilities10/49€1.93M€3.44M▲
Equity10/15€715k€2.11M▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€694k€2.09M▲
Amounts payable17/49€1.21M€1.32M▲
Amounts payable after more than one year17€448k€309k▼
Financial debts170/4€448k€309k▼
Amounts payable within one year42/48€766k€1.02M▲
Current portion of amounts payable after more than one year42€69k€106k▲
Trade debts44€58k€407k▲
Suppliers440/4€58k€407k▲
Advances received on contracts in progress46€250k€0▼
Taxes, remuneration and social security45€112k€97k▼
Taxes450/3€112k€97k▼
Other amounts payable47/48€277k€406k▲
Income statement
Code20232024
Non-recurring operating income76A-€91k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€638€1k▲
Gross operating margin9900€277k€1.58M▲
Operating profit (loss)9901€273k€1.57M▲
Financial income75/76B€122€270k▲
Recurring financial income75€122€270k▲
Financial charges65/66B€9k€36k▲
Recurring financial charges65€9k€36k▲
Profit (loss) for the period before taxes9903€264k€1.81M▲
Income taxes67/77€76k€409k▲
Profit (loss) for the period9904€187k€1.40M▲
Profit (loss) for the period to be appropriated9905€187k€1.40M▲
Appropriation of the result
Profit (loss) to be appropriated9906€894k€2.09M▲
Profit (loss) brought forward from the previous period14P€707k€694k▼
Profit to be distributed694/7€200k€0▼
Return on contributions (dividend)694€200k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €91k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €8k | €8k | €4k | €4k | ▲ 17.2% |
| Other operating charges640/8 | - | €275 | €642 | €638 | €1k | ▲ 75.0% |
| Gross operating margin9900 | €147k | €111k | €122k | €277k | €1.58M | ▲ 470% |
| Operating profit (loss)9901 | €142k | €102k | €114k | €273k | €1.57M | ▲ 477% |
| Financial income75/76B | - | €38 | €52 | €122 | €270k | ▲ 221,612% |
| Recurring financial income75 | €2k | €38 | €52 | €122 | €270k | ▲ 221,612% |
| Financial charges65/66B | - | €105 | €101 | €9k | €36k | ▲ 297% |
| Recurring financial charges65 | €924 | €105 | €101 | €9k | €36k | ▲ 297% |
| Profit (loss) for the period before taxes9903 | €144k | €102k | €114k | €264k | €1.81M | ▲ 586% |
| Income taxes67/77 | €31k | €22k | €28k | €76k | €409k | ▲ 437% |
| Profit (loss) for the period9904 | €112k | €80k | €86k | €187k | €1.40M | ▲ 647% |
| Profit (loss) for the period to be appropriated9905 | €112k | €80k | €86k | €187k | €1.40M | ▲ 647% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €693k | €754k | €763k | €1.93M | €3.44M | ▲ 78.3% |
| Fixed assets21/28 | €23k | €15k | €14k | €1.26M | €1.26M | ▲ 0.3% |
| Tangible fixed assets22/27 | €23k | €15k | €14k | €10k | €14k | ▲ 33.4% |
| Plant, machinery and equipment23 | - | €11k | €14k | €10k | €14k | ▲ 33.4% |
| Furniture and vehicles24 | - | €4k | €0 | - | - | - |
| Financial fixed assets28 | - | - | - | €1.25M | €1.25M | = |
| Current assets29/58 | €670k | €739k | €749k | €669k | €2.17M | ▲ 225% |
| Amounts receivable within one year40/41 | €14k | €16k | €135k | €154k | €1.66M | ▲ 977% |
| Trade receivables40 | - | €16k | €28k | €118k | €686k | ▲ 483% |
| Other amounts receivable41 | - | €0 | €107k | €37k | €976k | ▲ 2,560% |
| Cash at bank and in hand54/58 | €655k | €723k | €580k | €489k | €251k | ▼ 48.7% |
| Deferred charges and accrued income490/1 | - | - | €33k | €25k | €262k | ▲ 944% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €693k | €754k | €763k | €1.93M | €3.44M | ▲ 78.3% |
| Equity10/15 | €555k | €641k | €727k | €715k | €2.11M | ▲ 196% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €541k | €621k | €707k | €694k | €2.09M | ▲ 202% |
| Amounts payable17/49 | €138k | €113k | €36k | €1.21M | €1.32M | ▲ 9.1% |
| Amounts payable after more than one year17 | - | - | - | €448k | €309k | ▼ 31.1% |
| Financial debts170/4 | - | - | - | €448k | €309k | ▼ 31.1% |
| Amounts payable within one year42/48 | €138k | €113k | €36k | €766k | €1.02M | ▲ 32.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €69k | €106k | ▲ 54.6% |
| Trade debts44 | €3k | €5k | €3k | €58k | €407k | ▲ 608% |
| Suppliers440/4 | - | €5k | €3k | €58k | €407k | ▲ 608% |
| Advances received on contracts in progress46 | - | - | - | €250k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €47k | €17k | €112k | €97k | ▼ 14.0% |
| Taxes450/3 | - | €47k | €17k | €112k | €97k | ▼ 14.0% |
| Other amounts payable47/48 | - | €61k | €16k | €277k | €406k | ▲ 46.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €112k | €80k | €86k | €187k | €1.40M | ▲ 647% |
| + Depreciation and write-downs630 | €4k | €8k | €8k | €4k | €4k | ▲ 17.2% |
| Operating cash flow (approximation) | €116k | €88k | €93k | €191k | €1.40M | ▲ 634% |
| Investment in fixed assets (approximation) | - | €0 | €-6k | €-1.25M | €-8k | ▲ 99.4% |
| Change in cash | - | €68k | €-143k | €-91k | €-238k | ▼ 161% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €1.40M ▲647%
Operating result €1.57M, net result €1.40M, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.14
Current ratio from 0.87 to 2.14.
31-12
Financial
Equity above €2MEq €2.11M ▲196%
7 profitable years in a row build equity to €2.11M.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 20.90
Current ratio from 6.53 to 20.90; short-term debt falls from €113k to €36k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €80k ▼28.6%
Net result drops to €80k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €500kEq €555k ▲25.4%
3 profitable years in a row build equity to €555k.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Aartselaar · 1 establishment unit since 2017
Ground area
725 m²
Building footprint
175 m²
Volume, LiDAR
958 m³
Parcel 11001B0092/00V000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Iscomm
since 20172.269.703.790
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0092/00V000 | Flanders | 725 m² | 1 · 175 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 404 companies in sector 46370 we hold annual accounts for 210. 93 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46370Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.