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 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ISIRO RE from Liège, company number BE0459805833, closed financial year 2025 with a result of € -3,393 after tax. For that financial year ISIRO RE recorded a gross margin of € 57,510 and equity of € -20,510. Compared with financial year 2024, the result moved from € -10,612 to € -3,393. 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 September 15, 2026.
€ -20,510
▼ € 3,393 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,393
▲ 68 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,060
▲ 126% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,102.
People and assets in 2025
€ 2,883
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 613,257
▼ 4% vs 2024
€ 25,988 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 1,601
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,832 | € -11,973 | € 18,753 | € 57,510 | ▲ 207% |
| Profit after taxes | € -2,551 | € -24,405 | € -10,612 | € -3,393 | ▲ € 7,219 |
| Equity | € 17,900 | € -6,505 | € -17,117 | € -20,510 | ▼ € 3,393 |
| Total debts | € 513 | € 702,879 | € 860,865 | € 829,802 | ▼ 4% |
| Cash | € 17,089 | € 141,020 | € 2,241 | € 5,060 | ▲ 126% |
| Land & buildings | - | € 485,619 | € 472,199 | € 458,778 | ▼ 3% |
| Retained profit | € -692 | € -25,097 | € -35,709 | € -39,102 | ▼ € 3,393 |
| Bank debt | € 0 | € 540,000 | € 636,256 | € 613,257 | ▼ 4% |
| Balance sheet total | € 18,413 | € 696,374 | € 843,748 | € 809,292 | ▼ 4% |
Key figures of ISIRO RE, 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 ISIRO RE?
What happened at ISIRO RE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,393. filed late Source: NBB ↗
- New establishment in Liège. KBO
- ISIRO APM SRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,551 loss in 2022 to € 3,393 loss in 2025.
Paid € 496 in corporate taxes since 2022.
Management
The stake of ISIRO APM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ISIRO REBehind ISIRO RE is ISIRO APM SRL. The shares are held by ISIRO APM (100%).
Directors
According to the 2025 annual accounts
Director · represented by Laurent Baudinet
Also active at: LYHMO, COMPAGNIE DU BOIS DES MANANTS
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Dartois 27
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →LE ROOZ
€ 376,662 gross margin · 2024
LYHMO same network
€ 277 gross margin · 2025
ISIRO
€ 565,443 gross margin · 2025
Laurent Baudinet
€ 174,243 gross margin · 2024
LUNA
€ 41,432 gross margin · 2024
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0459.805.833
- VAT number
- BE 0459.805.833
- Registered office
- Rue Dartois 27, 4000 Liège
- Names & denominations
- ISIRO RE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 1997
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- isiro.be
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen