Financials
Financial year 2025
ISG BELGIUM from Damme, company number BE0462153134, closed financial year 2025 with a result of € 16,888 after tax. For that financial year ISG BELGIUM recorded a gross margin of € 434,790 and equity of € 17,038. Compared with financial year 2024, the result moved from € -884 to € 16,888. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 17,038
▲ € 16,888 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,888
▲ still € 884 loss in 2024
Profit after tax over the fiscal year.
€ 9,545
▲ 150% 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 € 4,630.
People and assets in 2025
3.5
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 297,173
▲ 7% vs 2024
€ 84,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 31,958
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 498,156
▼ 9% vs 2024
€ 9,715 is repaid this year. At this pace the long-term loan is gone in ≈ 48 years.
€ 36,362
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 73,245
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 268,482 | € 363,455 | € 389,428 | € 434,790 | ▲ 12% |
| Profit after taxes | € 5,141 | € -14,800 | € -884 | € 16,888 | ▲ € 17,772 |
| Equity | € 15,834 | € 1,035 | € 150 | € 17,038 | ▲ € 16,888 |
| Total debts | € 679,651 | € 762,827 | € 716,447 | € 619,767 | ▼ 13% |
| Cash | € 1,348 | € 1,020 | € 3,818 | € 9,545 | ▲ 150% |
| Retained profit | € 3,426 | € -11,373 | € -12,258 | € 4,630 | ▲ € 16,888 |
| Bank debt | € 623,272 | € 633,924 | € 550,277 | € 498,156 | ▼ 9% |
| Balance sheet total | € 695,485 | € 763,862 | € 716,598 | € 636,806 | ▼ 11% |
| Employees (FTE) | 2.5 | 2.9 | 3 | 3.5 | ▲ 0.5 |
Key figures of ISG BELGIUM, 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 ISG BELGIUM?
What happened at ISG BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,888. Source: NBB ↗
- MAXIME CAUS MANAGEMENT BV became a director. NBB
- CAUS INVEST BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,141 profit in 2022 to € 16,888 profit in 2025.
Paid € 39,237 in corporate taxes since 2022.
Best year ever: 2025, with € 16,888 profit.
On average € 124,200 of value added per employee in 2025.
Management
Behind ISG BELGIUM are MAXIME CAUS MANAGEMENT BV and CAUS INVEST BV. The same people are also behind INDEPENDENT MARINE SURVEY and INTERNATIONAL SURVEY GROUP. MAXIME CAUS MANAGEMENT BV is also behind HARBOUR ACTIVITIES and MAISON BONBON.
Directors
According to the 2025 annual accounts
Director · represented by Maxime Caus
Also active at: HARBOUR ACTIVITIES, MAISON BONBON, INDEPENDENT MARINE SURVEY, INTERNATIONAL SURVEY GROUP
since 2020
Director · represented by Johannes Caus
Also active at: INDEPENDENT MARINE SURVEY, INTERNATIONAL SURVEY GROUP
since 2020
Establishments
Establishment units
Physical locations of this company
Konduitput 8
8340 Damme
Spiegelrei 6 box 6
8000 Brugge
Active since 31 December 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0462.153.134
- VAT number
- BE 0462.153.134
- Registered office
- Konduitput 8, 8340 Damme
- Names & denominations
- ISG BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1997
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Logistieke diensten
Overige technische testen en toetsen
Overige vervoerondersteunende activiteiten
Activiteiten van holdings
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten
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