Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ISINGA from Izegem, company number BE0416390613, closed financial year 2023 with a result of € 261 after tax. For that financial year ISINGA recorded a gross margin of € 75,646 and equity of € 71,922. Compared with financial year 2022, the result moved from € 10,559 to € 261. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2024.
€ 71,922
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 261
▼ 98% vs 2022
Profit after tax over the fiscal year.
€ 12,909
▼ 86% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -78,078.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 46,993
▲ 6% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 42,409
▲ € 41,575 vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 25,175
▲ 32% vs 2022
Loans from banks and other lenders, long and short.
€ 30,955
▲ 196% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 8,055
▲ 48% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 44,306 | € 79,098 | € 75,646 | ▼ 4% |
| Profit after taxes | € -3,014 | € 10,559 | € 261 | ▼ 98% |
| Equity | € 61,102 | € 71,661 | € 71,922 | |
| Total debts | € 110,250 | € 121,839 | € 174,749 | ▲ 43% |
| Cash | € 8,469 | € 90,046 | € 12,909 | ▼ 86% |
| Retained profit | € -88,898 | € -78,339 | € -78,078 | |
| Bank debt | € 0 | € 19,102 | € 25,175 | ▲ 32% |
| Balance sheet total | € 171,352 | € 193,499 | € 246,671 | ▲ 27% |
Key figures of ISINGA, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ISINGA?
What happened at ISINGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ISINGA is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 261 (▼ 98% vs 2022). Source: NBB ↗
- ANNICK DELBARE became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,014 loss in 2021 to € 261 profit in 2023.
Paid € 741 in corporate taxes since 2021.
Best year ever: 2022, with € 10,559 profit.
Management
Behind ISINGA is ANNICK DELBARE.
Directors
According to the 2023 annual accounts
ANNICK DELBARE
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Wezestraat 81 box 1
8870 Izegem
Roeselaarsestraat 489
8870 Izegem
Active since 1 September 1976
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.390.613
- VAT number
- BE 0416.390.613
- Registered office
- Wezestraat 81 bus 1, 8870 Izegem
- Names & denominations
- ISINGA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 27 August 1976
- Peppol
- Not registered
- Activities · NACE
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