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 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ISMANARA from Namur, company number BE0435481894, closed financial year 2025 with a result of € 418,605 after tax. For that financial year ISMANARA recorded a gross margin of € 904,944 and equity of € 5 million. Compared with financial year 2024, the result moved from € 215,125 to € 418,605. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 5 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 418,605
▲ 95% vs 2024
Profit after tax over the fiscal year.
€ 5,412
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.6 million.
Debts at end 2025
€ 1.7 million
▼ 12% vs 2024
€ 107,824 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 14,884
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 80,156
▼ 27% 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 | € 624,158 | € 691,483 | € 675,434 | € 904,944 | ▲ 34% |
| Profit after taxes | € 129,407 | € 228,852 | € 215,125 | € 418,605 | ▲ 95% |
| Equity | € 4,160,361 | € 4,389,213 | € 4,604,338 | € 5,022,943 | ▲ 9% |
| Total debts | € 2,920,591 | € 2,602,759 | € 2,385,369 | € 1,990,758 | ▼ 17% |
| Cash | € 25,880 | € 27,404 | € 26,627 | € 5,412 | ▼ 80% |
| Land & buildings | € 4,296,727 | € 4,446,782 | € 4,145,666 | € 3,521,480 | ▼ 15% |
| Retained profit | € 2,711,361 | € 2,940,213 | € 3,155,338 | € 3,573,943 | ▲ 13% |
| Bank debt | € 2,468,615 | € 2,226,348 | € 1,983,026 | € 1,738,639 | ▼ 12% |
| Balance sheet total | € 7,368,398 | € 7,257,912 | € 7,231,140 | € 7,261,824 |
Key figures of ISMANARA, 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 ISMANARA?
What happened at ISMANARA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 418,605 (▲ 95% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 129,407 profit in 2022 to € 418,605 profit in 2025.
Paid € 445,022 in corporate taxes since 2022.
Best year ever: 2025, with € 418,605 profit.
Establishments
Establishment units
Physical locations of this company
Avenue d'Ecolys(RH) 2 box 9
5020 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.
All companies at this address →Etablissements Auguste Defoux
€ 55,269 gross margin · 2025
CELORD
€ 27,447 gross margin · 2025
A.A.S.V. same network
€ 2.9 million gross margin · 2025
DEBUT
€ 443,180 gross margin · 2025
CAVI
€ 275,135 gross margin · 2025
+68 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.481.894
- VAT number
- BE 0435.481.894
- Registered office
- Avenue d'Ecolys(RH) 2 bus 9, 5020 Namur
- Names & denominations
- ISMANARA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1988
- Peppol
- Active · Active since 30 Mar 2026