ISM'EAU
ActiveSummary
ISM'EAU has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €30k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+7
Solvency48▼-4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.57 against 0.47 in 2024; short-term debt: 76.6% and cash: 39.5% of total assets), and 76.6% 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 · 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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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 2025Solvency, return and age of the figures
Solvency
23.4%
Return on assets
18.9%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
31 d early
2024
on the day
2023
30 d late
2022
3 d early
2021
2 d early
2020
1 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, abbreviated schema
Equity
€38k▲ 0.9%
2024 · €37k
2020: €28k
2021: €24k
2022: €17k
2023: €20k
2024: €37k
2020 → 2025
Total assets
€161k▲ 17.2%
2024 · €137k
2020: €48k
2021: €33k
2022: €29k
2023: €25k
2024: €137k
2020 → 2025
Net result
€30k▲ 74.1%
2024 · €17k
2020: €23k
2021: €-4k
2022: €-7k
2023: €3k
2024: €17k
2020 → 2025
Working capital
€-53k▲ 1.3%
2024 · €-53k
2020: €26k
2021: €23k
2022: €16k
2023: €19k
2024: €-53k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€17k▼ 28.9%€20k▲ 15.3%€37k▲ 88.0%€38k▲ 0.9%
Operating result€-3k-€-7k▼ 144%€5k€26k▲ 433%€41k▲ 60.1%
Net result€-4k-€-7k▼ 86.0%€3k€17k▲ 563%€30k▲ 74.1%
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 60% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€90k ▼ 0.4%
Current assets
€71k ▲ 51.3%
Equity and liabilities €161k
Equity
€38k ▲ 0.9%
Debt
€123k ▲ 23.3%
Debt's share of the balance-sheet total rises from 72.9% to 76.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▲
2024 · €26k
Cash flow
€30k▲
2024 · €18k
Current ratio
0.57▲
2024 · 0.47
Debt to equity
3.28▲
2024 · 2.69
ROE
80.8%▲
2024 · 46.8%
ROA
18.9%▲
2024 · 12.7%
Interest coverage
101.99▲
2024 · 25.10
Debt ≤ 1 year
€123k▲
2024 · €100k
Income taxes
€11k▲
2024 · €7k
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€137k€161k▲
Fixed assets21/28€91k€90k▼
Tangible fixed assets22/27€228€115▼
Plant, machinery and equipment23€228€115▼
Financial fixed assets28€90k€90k▼
Current assets29/58€47k€71k▲
Amounts receivable within one year40/41€31k€2k▼
Trade receivables40€5k-
Other amounts receivable41€26k€2k▼
Cash at bank and in hand54/58€11k€63k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€137k€161k▲
Equity10/15€37k€38k▲
Contributions10/11€5k€5k=
Reserves13€32k€33k▲
Distributable reserves133€32k€33k▲
Amounts payable17/49€100k€123k▲
Amounts payable within one year42/48€100k€123k▲
Trade debts44€8k€998▼
Suppliers440/4€8k€998▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€82k€111k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€257€113▼
Other operating charges640/8€817€1k▲
Gross operating margin9900€27k€43k▲
Operating profit (loss)9901€26k€41k▲
Financial income75/76B€65€696▲
Recurring financial income75€65€696▲
Financial charges65/66B€1k€404▼
Recurring financial charges65€1k€404▼
Profit (loss) for the period before taxes9903€25k€41k▲
Income taxes67/77€7k€11k▲
Profit (loss) for the period9904€17k€30k▲
Profit (loss) for the period to be appropriated9905€17k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€30k▲
Transfer to equity691/2€17k€330▼
To other reserves6921€17k€330▼
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
The notes to these accounts (6 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €30k ▲74.1%
Operating result €41k, net result €30k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 4.97
Current ratio from 2.38 to 4.97; short-term debt falls from €12k to €5k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
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, Zonhoven · 1 establishment unit since 2019
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.
Breilaarschansweg 843520 ZonhovenGround area
1,152 m²
Building footprint
131 m²
Volume, LiDAR
582 m³
Parcel 71442C1226/00T000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ISM'EAU
since 20192.294.447.995
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442C1226/00T000 | Flanders | 1,152 m² | 1 · 131 m² | 9.1 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.
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Of 394 companies in sector 42990 we hold annual accounts for 182. 126 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
Founded09-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
42990Civil engineering
33110Repair and maintenance of fabricated metal products
33140Repair and maintenance of electrical equipment
43211General electrical installation work
43221Plumbing work
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.