Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ISVE-TWO from Knokke-Heist, company number BE0553695202, closed financial year 2025 with a result of € -8,682 after tax. For that financial year ISVE-TWO recorded a gross margin of € 13,824 and equity of € 494,706. Compared with financial year 2024, the result moved from € -10,690 to € -8,682. 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 June 29, 2026.
€ 494,706
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,682
▲ 19 % less loss than in 2024
Profit after tax over the fiscal year.
€ 40,485
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 194,706.
Debts at end 2025
€ 372,542
▲ 2% vs 2024
€ 42,016 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 998
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,743 | € 449,551 | € 13,082 | € 13,824 | ▲ 6% |
| Profit after taxes | € -24,544 | € 306,322 | € -10,690 | € -8,682 | ▲ € 2,008 |
| Equity | € 207,757 | € 514,079 | € 503,388 | € 494,706 | ▼ 2% |
| Total debts | € 1,498,423 | € 397,600 | € 392,913 | € 373,541 | ▼ 5% |
| Cash | € 37,043 | € 31,433 | € 31,941 | € 40,485 | ▲ 27% |
| Land & buildings | € 1,665,938 | € 849,248 | € 838,505 | € 827,762 | ▼ 1% |
| Retained profit | € -92,243 | € 214,079 | € 203,388 | € 194,706 | ▼ 4% |
| Bank debt | € 1,495,555 | € 376,045 | € 366,935 | € 372,542 | ▲ 2% |
| Balance sheet total | € 1,706,180 | € 911,679 | € 896,301 | € 868,247 | ▼ 3% |
Key figures of ISVE-TWO, 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 ISVE-TWO?
What happened at ISVE-TWO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,682. Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Bruno Agostini became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 24,544 loss in 2022 to € 8,682 loss in 2025.
Paid € 94,337 in corporate taxes since 2022.
Best year ever: 2023, with € 306,322 profit.
Management
Behind ISVE-TWO is Bruno Agostini.
Directors
According to the 2025 annual accounts
Bruno Agostini
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Cipressenstraat 43
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0553.695.202
- VAT number
- BE 0553.695.202
- Registered office
- Cipressenstraat 43, 8300 Knokke-Heist
- Names & denominations
- ISVE-TWO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2014
- Peppol
- Not registered