Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INTERNATIONAL SOURCING GROUP from Wavre, company number BE0536459686, closed financial year 2025 with a result of € -3.1 million after tax. For that financial year INTERNATIONAL SOURCING GROUP recorded a gross margin of € -7,758 and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 78,704 to € -3.1 million. 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 January 29, 2026.
€ 4.1 million
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.1 million
▼ still € 78,704 profit in 2024
Profit after tax over the fiscal year.
€ 1,357
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.5 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,881
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -16,681 | € -8,719 | € -1,835 | € -7,758 | ▼ € 5,923 |
| Profit after taxes | € -105,736 | € -18,695 | € 78,704 | € -3,132,116 | ▼ € 3.2 million |
| Equity | € 7,221,464 | € 7,202,768 | € 7,281,473 | € 4,149,357 | ▼ 43% |
| Total debts | € 694,231 | € 725,904 | € 747,914 | € 1,008,019 | ▲ 35% |
| Cash | € 2,376 | € 747 | € 70,859 | € 1,357 | ▼ 98% |
| Retained profit | € -388,536 | € -407,232 | € -328,527 | € -3,460,643 | ▼ € 3.1 million |
| Balance sheet total | € 7,915,694 | € 7,928,672 | € 8,029,387 | € 5,157,376 | ▼ 36% |
| Employees (FTE) | 0.5 | - | - | - |
Key figures of INTERNATIONAL SOURCING GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to INTERNATIONAL SOURCING GROUP?
What happened at INTERNATIONAL SOURCING GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.1 million (▼ € 3.2 million vs 2024). Source: NBB ↗
- New establishment in Wavre. KBO
- CECAMA SPRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 105,736 loss in 2022 to € 3.1 million loss in 2025.
Best year ever: 2024, with € 78,704 profit.
A new publication or filing at INTERNATIONAL SOURCING GROUP? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CECAMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INTERNATIONAL SOURCING GROUPBehind INTERNATIONAL SOURCING GROUP is CECAMA SPRL. The shares are held by CECAMA (0.1%). It owns 100% of MOVING PEOPLE PORTUGAL, 99% of MOVING PEOPLE, 90% of Moving Dreams, 90% of Moving Together, 90% of Keep Moving S.R.L. and 90% of Always Moving itself.
Directors
According to the 2025 annual accounts
since 2013
Shareholders
0.1%
Participations
MOVING PEOPLE PORTUGAL
100%
99%
Moving Dreams
90%
Moving Together
90%
Keep Moving S.R.L.
90%
Always Moving
90%
Moving Ahead One
60%
Establishments
Establishment units
Physical locations of this company
Avenue Einstein 16
1300 Wavre
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
- 0536.459.686
- VAT number
- BE 0536.459.686
- Registered office
- Avenue Einstein 16, 1300 Wavre
- Names & denominations
- INTERNATIONAL SOURCING GROUP · I.S.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2013
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
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Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van geldmarkt- en niet-geldmarktbeleggingsfondsen
Overige zakelijke dienstverlening, neg
Beleggingstrusts en -fondsen en vergelijkbare financiële instellingen