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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ISIM-SPL from Zwevegem, company number BE0432416397, closed financial year 2025 with a result of € 8,691 after tax. For that financial year ISIM-SPL recorded a gross margin of € 42,814 and equity of € -71,684. Compared with financial year 2024, the result moved from € 22,039 to € 8,691. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 20, 2025.
€ -71,684
▲ € 8,691 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,691
▼ 61% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -320,684.
People and assets in 2025
€ 24,628
▼ 23% vs 2024
Of which on lease € 24,596.
Debts at end 2025
€ 27,384
▼ 16% vs 2024
€ 6,856 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 17,446
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,761
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 130,617 | € 50,552 | € 56,613 | € 42,814 | ▼ 24% |
| Profit after taxes | € 72,003 | € 24,340 | € 22,039 | € 8,691 | ▼ 61% |
| Equity | € -126,754 | € -102,414 | € -80,375 | € -71,684 | ▲ € 8,691 |
| Total debts | € 203,793 | € 186,027 | € 184,886 | € 163,061 | ▼ 12% |
| Land & buildings | € 69,143 | € 70,255 | € 63,722 | € 57,238 | ▼ 10% |
| Retained profit | € -375,754 | € -351,414 | € -329,375 | € -320,684 | ▲ € 8,691 |
| Bank debt | € 10,115 | € 10,117 | € 32,475 | € 27,384 | ▼ 16% |
| Balance sheet total | € 77,039 | € 83,613 | € 104,512 | € 91,377 | ▼ 13% |
Key figures of ISIM-SPL, 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 October 2026.
What happened to ISIM-SPL?
What happened at ISIM-SPL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,691 (▼ 61% vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 72,003 profit in 2022 to € 8,691 profit in 2025.
Paid € 48,856 in corporate taxes since 2022.
Best year ever: 2022, with € 72,003 profit.
Management
Behind ISIM-SPL are Martine HOORENS and Stephan DE JAEGERE.
Directors
According to the 2025 annual accounts
Martine HOORENS
Director
Stephan DE JAEGERE
Director
Establishments
Establishment units
Physical locations of this company
Zandbeekstraat(S) 26
8554 Zwevegem
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
- 0432.416.397
- VAT number
- BE 0432.416.397
- Registered office
- Zandbeekstraat(S) 26, 8554 Zwevegem
- Names & denominations
- ISIM-SPL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 1987
- Peppol
- Active · Active since 23 Jun 2026
- Activities · NACE
Organisatie van congressen en beurzen
Overige zakelijke dienstverlening, n.e.g.
Catering van evenementen
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Overige zakelijke dienstverlening, neg