Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2024; threshold 65 %.
-
Late annual account NBB
Fiscal year 2024 was filed 189 days after the legal deadline.
Financials
Financial year 2024
ISAFLOR from Nazareth-De Pinte, company number BE0452265369, closed financial year 2024 with a result of € -14,373 after tax. For that financial year ISAFLOR recorded a gross margin of € 129,508 and equity of € -5,301. Compared with financial year 2023, the result moved from € -37,207 to € -14,373. The company made a loss. 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 February 5, 2026.
€ -5,301
▼ € 14,373 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,373
▲ 61 % less loss than in 2023
Profit after tax over the fiscal year.
€ 24,253
▲ 75% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,893.
People and assets in 2024
€ 69,210
▲ 159% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,454
▼ 64% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 382,500
▼ 4% vs 2023
€ 16,786 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 18,016
▼ 60% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,912
▲ 272% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 125,952 | € 74,098 | € 97,766 | € 129,508 | ▲ 32% |
| Profit after taxes | € 1,661 | € -40,095 | € -37,207 | € -14,373 | ▲ € 22,834 |
| Equity | € 86,374 | € 46,279 | € 9,072 | € -5,301 | ▼ € 14,373 |
| Total debts | € 587,073 | € 866,744 | € 840,940 | € 863,781 | ▲ 3% |
| Cash | € 46,991 | € 36,945 | € 13,876 | € 24,253 | ▲ 75% |
| Land & buildings | € 49,579 | € 306,724 | € 281,606 | € 268,244 | ▼ 5% |
| Retained profit | € 67,782 | € 27,687 | € -9,520 | € -23,893 | ▼ € 14,373 |
| Bank debt | € 402,317 | € 416,071 | € 399,286 | € 382,500 | ▼ 4% |
| Balance sheet total | € 674,551 | € 913,023 | € 850,012 | € 858,480 | ▲ 1% |
Key figures of ISAFLOR, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ISAFLOR?
What happened at ISAFLOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 14,373. filed late Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,661 profit in 2021 to € 14,373 loss in 2024.
Best year ever: 2021, with € 1,661 profit.
Management
Behind ISAFLOR are Hendrik DE GHEEST and Isabelle T KINDT.
Directors
According to the 2024 annual accounts
Hendrik DE GHEEST
Associate
Isabelle T KINDT
Associate
Establishments
Establishment units
Physical locations of this company
Nieuwlandstraat 12
9810 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.265.369
- VAT number
- BE 0452.265.369
- Registered office
- Nieuwlandstraat 12, 9810 Nazareth-De Pinte
- Names & denominations
- ISAFLOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 1994
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Bloementeelt
Teelt van bloemen