Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Isarick from Kortrijk, company number BE0427815233, closed financial year 2025 with a result of € -384,895 after tax. For that financial year Isarick recorded a gross margin of € 62,217 and equity of € 31.3 million. Compared with financial year 2024, the result moved from € 483,549 to € -384,895. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 4, 2026.
€ 31.3 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -384,895
▼ still € 483,549 profit in 2024
Profit after tax over the fiscal year.
€ 218,578
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 30.4 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 46,146
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 53
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 182,707
▲ € 154,134 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | - | - | - | € 62,217 | |
| Profit after taxes | € 516,745 | € 685,669 | € 483,549 | € -384,895 | ▼ € 868,444 |
| Equity | € 30,532,763 | € 31,218,432 | € 31,701,981 | € 31,317,086 | ▼ 1% |
| Total debts | € 111,665 | € 17,874 | € 34,433 | € 182,760 | ▲ € 148,327 |
| Cash | € 544,523 | € 1,234,445 | € 241,969 | € 218,578 | ▼ 10% |
| Land & buildings | € 808,120 | - | - | - | |
| Retained profit | € 29,582,763 | € 30,268,432 | € 30,751,981 | € 30,367,086 | ▼ 1% |
| Balance sheet total | € 30,644,429 | € 31,236,306 | € 31,736,414 | € 31,499,846 | ▼ 1% |
Key figures of Isarick, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Isarick?
What happened at Isarick in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick Vanden Avenne stepped down as director. NBB
- Thomas Vanden Avenne stepped down as director. NBB
- ISPAHAN NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 384,895 (▼ € 868,444 vs 2024). filed late Source: NBB ↗
- Patrick Vanden Avenne became a director. NBB
- Thomas Vanden Avenne became a director. NBB
- ISPAHAN NV became a director. NBB
- New establishment in Wielsbeke. KBO
In short
From € 516,745 profit in 2022 to € 384,895 loss in 2025.
Paid € 730,069 in corporate taxes since 2022.
Best year ever: 2023, with € 685,669 profit.
A new publication or filing at Isarick? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ISPAHAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IsarickThe shares are held by ISPAHAN (99%).
Directors
According to the 2025 annual accounts
Patrick Vanden Avenne
Director
since 2020 · until 2032
since 2020 · until 2032
Managing director · represented by Vlerick Isabelle Vanden Avenne
since 2020 · until 2032
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Sebastiaanslaan(Kor) 52
8500 Kortrijk
Desselgemsestraat(O) 15
8710 Wielsbeke
Active since 12 December 1990
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0427.815.233
- VAT number
- BE 0427.815.233
- Registered office
- Sint-Sebastiaanslaan(Kor) 52, 8500 Kortrijk
- Names & denominations
- Isarick
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1984
- Peppol
- Not registered