What is the address of ISPAHAN?

The registered office of ISPAHAN is located at Sint-Sebastiaanslaan(Kor) 52, 8500 Kortrijk.

Is ISPAHAN still active?

Yes. According to the CBE (29 October 2026) ISPAHAN is active, legal situation “Normale toestand”, started on 2 July 1999.

Is ISPAHAN registered on Peppol?

No, ISPAHAN is currently not registered on the Peppol network.

What is the enterprise number of ISPAHAN?

The enterprise number of ISPAHAN is BE0466426973.

When was ISPAHAN founded?

ISPAHAN was founded on 2 July 1999.

Who are the directors of ISPAHAN?

According to the 2025 annual accounts, the directors of ISPAHAN are: Thomas Vanden Avenne, Margaux Vanden Avenne, Maurits Vanden Avenne, Patrick Vanden Avenne, Isabelle Vanden Avenne - Vlerick.

Is ISPAHAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 July 1999; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did ISPAHAN make in 2025?

ISPAHAN recorded a loss after taxes of € 1,462 in financial year 2025.

What is the revenue of ISPAHAN?

As a small company, ISPAHAN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -88.

ISPAHAN (Public Limited) - Kortrijk - BE0466426973

Dossier ISPAHAN, printed on 29 October 2026 from databakkes.be/en/0466426973/ispahan. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

ISPAHAN from Kortrijk, company number BE0466426973, closed financial year 2025 with a result of € -1,462 after tax. For that financial year ISPAHAN recorded a gross margin of € -88 and equity of € 17 million. Compared with financial year 2024, the result moved from € -4,057 to € -1,462. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.

What it is worth Healthy

€ 17 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1,462

▲ 64 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 180

▼ 66% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -5,534.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -604 Gross margin 2022: € -604 First fiscal year in the series	€ -288 Gross margin 2023: € -288 ▲ € 316 vs 2022 (€ -604) Favourable step	€ -2,531 Gross margin 2024: € -2,531 ▼ € 2,243 vs 2023 (€ -288) Unfavourable step	€ -88 Gross margin 2025: € -88 ▲ € 2,443 vs 2024 (€ -2,531) Favourable step	▲ € 2,443
Profit after taxes	€ -1,621 Profit after taxes 2022: € -1,621 First fiscal year in the series	€ -1,403 Profit after taxes 2023: € -1,403 ▲ € 218 vs 2022 (€ -1,621) Favourable step	€ -4,057 Profit after taxes 2024: € -4,057 ▼ € 2,654 vs 2023 (€ -1,403) Unfavourable step	€ -1,462 Profit after taxes 2025: € -1,462 ▲ € 2,595 vs 2024 (€ -4,057) Favourable step	▲ € 2,595
Equity	€ 17,056,387 Equity 2022: € 17,056,387 First fiscal year in the series	€ 17,054,985 Equity 2023: € 17,054,985 Unchanged (€ 17,056,387) Unfavourable step	€ 17,050,928 Equity 2024: € 17,050,928 Unchanged (€ 17,054,985) Unfavourable step	€ 17,049,466 Equity 2025: € 17,049,466 Unchanged (€ 17,050,928) Unfavourable step
Total debts	€ 2,066 Total debts 2022: € 2,066 First fiscal year in the series	€ 3,177 Total debts 2023: € 3,177 ▲ 54% vs 2022 (€ 2,066) Unfavourable step	€ 7,150 Total debts 2024: € 7,150 ▲ 125% vs 2023 (€ 3,177) Unfavourable step	€ 8,267 Total debts 2025: € 8,267 ▲ 16% vs 2024 (€ 7,150) Unfavourable step	▲ 16%
Cash	€ 900 Cash 2022: € 900 First fiscal year in the series	€ 433 Cash 2023: € 433 ▼ 52% vs 2022 (€ 900) Unfavourable step	€ 524 Cash 2024: € 524 ▲ 21% vs 2023 (€ 433) Favourable step	€ 180 Cash 2025: € 180 ▼ 66% vs 2024 (€ 524) Unfavourable step	▼ 66%
Retained profit	€ 1,387 Retained profit 2022: € 1,387 First fiscal year in the series	€ -15 Retained profit 2023: € -15 ▼ € 1,402 vs 2022 (€ 1,387) Unfavourable step	€ -4,072 Retained profit 2024: € -4,072 ▼ € 4,057 vs 2023 (€ -15) Unfavourable step	€ -5,534 Retained profit 2025: € -5,534 ▼ € 1,462 vs 2024 (€ -4,072) Unfavourable step	▼ € 1,462
Balance sheet total	€ 17,058,453 Balance sheet total 2022: € 17,058,453 First fiscal year in the series	€ 17,058,162 Balance sheet total 2023: € 17,058,162 Unchanged (€ 17,058,453) Unchanged	€ 17,058,077 Balance sheet total 2024: € 17,058,077 Unchanged (€ 17,058,162) Unchanged	€ 17,057,733 Balance sheet total 2025: € 17,057,733 Unchanged (€ 17,058,077) Unchanged

Key figures of ISPAHAN, 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 ISPAHAN?

What happened at ISPAHAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Thomas Vanden Avenne stepped down as director. NBB
2028 Margaux Vanden Avenne stepped down as director. NBB
2028 Maurits Vanden Avenne stepped down as director. NBB
2028 Patrick Vanden Avenne stepped down as director. NBB
2028 Isabelle Vanden Avenne - Vlerick stepped down as director. NBB
Sep 28, 2026 New annual accounts for financial year 2025: loss of € 1,462. filed late Source: NBB ↗
2022 Thomas Vanden Avenne became a director. NBB
2022 Margaux Vanden Avenne became a director. NBB

In short

From € 1,621 loss in 2022 to € 1,462 loss in 2025.

Original PDFs at the National Bank ↗

Management

ISPAHAN

Isarick 99%

It owns 99% of Isarick itself.

Directors

According to the 2025 annual accounts

Thomas Vanden Avenne

Director

Also active at: Euro-Silo, Alco Energy, ALCO AFRICA HOLDING

since 2022 · until 2028

Margaux Vanden Avenne

Director

since 2022 · until 2028

Maurits Vanden Avenne

Director

Also active at: BENS, Jan Schots, VANDEN AVENNE VRIESHUIS, BENS Deli, Sus Campiniae, Bens Retail, HalalSupply

since 2022 · until 2028

Patrick Vanden Avenne

Director

since 2022 · until 2028

Isabelle Vanden Avenne - Vlerick

Managing director

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Sebastiaanslaan(Kor) 52

8500 Kortrijk

2.092.673.842

Desselgemsestraat(O) 15

8710 Wielsbeke

Active since 29 October 1999

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Isarick same network

€ 62,217 gross margin · 2025

DE GOEDE HOOP

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0466.426.973
VAT number: BE 0466.426.973
Registered office: Sint-Sebastiaanslaan(Kor) 52, 8500 Kortrijk
Names & denominations: ISPAHAN
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 2 July 1999
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗

ISPAHAN

Warning lights

Financials

What happened to ISPAHAN?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions