ISLAKIP
ActiveThe computed 12-month bankruptcy probability of ISLAKIP is 2.8% (moderate). The 2024 annual accounts show equity of €80k and a net result of €30k. Equity is growing by ~87.1% per year across the filed fiscal years. Its solvency ranks better than 37% of 15870 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-2
Solvency47▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.05 in 2023; short-term debt: 76.5% and cash: 10.7% of total assets), and 77.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.3%
Return on assets
8.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
57 d early
2023
49 d early
2022
26 d early
2021
46 d early
2020
45 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€80k▲ 61.7%
2023 · €49k
2020: €4k
2021: €56k
2022: €242k
2023: €49k
2020 → 2024
Total assets
€357k▼ 17.1%
2023 · €431k
2020: €163k
2021: €287k
2022: €539k
2023: €431k
2020 → 2024
Net result
€30k▼ 28.4%
2023 · €43k
2020: €-21k
2021: €52k
2022: €187k
2023: €43k
2020 → 2024
Working capital
€47k▲ 141%
2023 · €20k
2020: €-7k
2021: €38k
2022: €207k
2023: €20k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4k-€56k▲ 1,433%€242k▲ 335%€49k▼ 79.6%€80k▲ 61.7%
Operating result€-21k-€62k€249k▲ 304%€40k▼ 84.0%€48k▲ 19.5%
Net result€-21k-€52k€187k▲ 258%€43k▼ 77.2%€30k▼ 28.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 20% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €357k
Fixed assets
€36k▲ 22.7%
Current assets
€321k▼ 20.0%
Equity and liabilities €357k
Equity
€80k▲ 61.7%
Debt
€277k▼ 27.3%
The debt ratio falls from 88.5% to 77.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€67k▲
2023 · €60k
Cash flow
€50k▼
2023 · €63k
Solvency
22.3%▲
2023 · 11.5%
Current ratio
1.17▲
2023 · 1.05
Quick ratio
1.10▲
2023 · 0.98
Debt / equity
3.48▼
2023 · 7.73
ROE
38.1%▼
2023 · 86.1%
ROA
8.5%▼
2023 · 9.9%
Interest coverage
376.77▼
2023 · 10035.00
Debt
€277k▼
2023 · €382k
Debt ≤ 1 year
€273k▼
2023 · €382k
Income taxes
€18k▲
2023 · €486
Staff costs
€296k▲
2023 · €276k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€431k€357k▼
Fixed assets21/28€30k€36k▲
Tangible fixed assets22/27€30k€36k▲
Plant, machinery and equipment23€780-
Furniture and vehicles24€19k€28k▲
Other tangible fixed assets26€10k€8k▼
Current assets29/58€401k€321k▼
Stocks and contracts in progress3€29k€19k▼
Stocks30/36€29k€19k▼
Amounts receivable within one year40/41€244k€264k▲
Trade receivables40€238k€253k▲
Other amounts receivable41€6k€11k▲
Current investments50/53€60k€59▼
Cash at bank and in hand54/58€69k€38k▼
Equity and liabilities
Total equity and liabilities10/49€431k€357k▼
Equity10/15€49k€80k▲
Contributions10/11€25k€25k=
Capital10€25k€25k=
Issued capital100€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€22k€52k▲
Amounts payable17/49€382k€277k▼
Amounts payable within one year42/48€382k€273k▼
Trade debts44€279k€127k▼
Suppliers440/4€279k€127k▼
Advances received on contracts in progress46-€16k
Taxes, remuneration and social security45€103k€76k▼
Taxes450/3€36k€107▼
Remuneration and social security454/9€66k€76k▲
Other amounts payable47/48-€55k
Accrued charges and deferred income492/3-€4k
Income statement
Code20232024
Remuneration, social security and pensions62€276k€296k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▼
Other operating charges640/8€2k€6k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€338k€376k▲
Operating profit (loss)9901€40k€48k▲
Financial income75/76B€3k€734▼
Recurring financial income75€10€59▲
Non-recurring financial income76B€3k€675▼
Financial charges65/66B€6€178▲
Recurring financial charges65€6€178▲
Profit (loss) for the period before taxes9903€43k€48k▲
Income taxes67/77€486€18k▲
Profit (loss) for the period9904€43k€30k▼
Profit (loss) for the period to be appropriated9905€43k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€257k€52k▼
Profit (loss) brought forward from the previous period14P€215k€22k▼
Profit to be distributed694/7€235k-
Return on contributions (dividend)694€235k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €187k ▲258%
Operating result €249k, net result €187k, both a record.
31-12
Financial
Equity above €200kEq €242k ▲335%
2 profitable years in a row build equity to €242k.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · 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, Sint-Jans-Molenbeek · 1 establishment unit since 2020
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.
Picardstraat 1301080 Sint-Jans-MolenbeekGround area
549 m²
Building footprint
549 m²
Volume, LiDAR
3,762 m³
Parcel 21012A0132/00M006, Brussels · tallest building 14.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ISLAKIP
since 20202.296.948.914
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0132/00M006 | Brussels | 549 m² | 1 · 549 m² | 14.7 m · 2 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 siteSint-Jans-Molenbeek2.296.948.914
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Of 184 companies in sector 46322 we hold annual accounts for 132. 75 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2019
Fiscal year end31-12
Activities, NACEBEL
46322Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.