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 2 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 26 % of short-term debt in 2024; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
ISILEC from Andenne, company number BE0546599156, closed financial year 2024 with a result of € -56,351 after tax. For that financial year ISILEC recorded a gross margin of € 15,176 and equity of € -100,407. Compared with financial year 2023, the result moved from € -122,497 to € -56,351. 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 November 24, 2025.
€ -100,407
▼ € 56,351 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -56,351
▲ 54 % less loss than in 2023
Profit after tax over the fiscal year.
€ 39
▼ 94% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -119,007.
People and assets in 2024
€ 1,935
▼ 97% 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.
€ 15,931
▼ 45% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 111,250
▲ 177% vs 2023
€ 16,750 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 11,574
▼ 56% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 20,939
▼ 10% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 436,041 | € 231,297 | - | |
| Gross margin | € 222,241 | € 196,421 | € 1,903 | € 15,176 | ▲ € 13,273 |
| Profit after taxes | € 71,864 | € 58,755 | € -122,497 | € -56,351 | ▲ € 66,146 |
| Equity | € 70,042 | € 78,442 | € -44,056 | € -100,407 | ▼ € 56,351 |
| Total debts | € 72,538 | € 138,264 | € 140,808 | € 146,059 | ▲ 4% |
| Cash | € 10,198 | € 41,852 | € 655 | € 39 | ▼ 94% |
| Retained profit | € 59,842 | € 59,842 | € -62,656 | € -119,007 | ▼ € 56,351 |
| Dividend | € 40,000 | € 58,755 | € 0 | € 0 | |
| Bank debt | € 1,075 | € 1,075 | € 40,167 | € 111,250 | ▲ 177% |
| Balance sheet total | € 142,580 | € 216,705 | € 96,753 | € 45,653 | ▼ 53% |
Key figures of ISILEC, 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 ISILEC?
What happened at ISILEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ISILEC is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 56,351. filed late Source: NBB ↗
- New establishment in Andenne. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,864 profit in 2021 to € 56,351 loss in 2024.
Paid € 66,070 in corporate taxes since 2021.
Best year ever: 2021, with € 71,864 profit.
Paid out € 98,755 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Rue du Rivage 118
5300 Andenne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0546.599.156
- VAT number
- BE 0546.599.156
- Registered office
- Rue du Rivage 118, 5300 Andenne
- Names & denominations
- ISILEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 14 February 2014
- Peppol
- Not registered
- Activities · NACE
Algemene elektrotechnische installatiewerken