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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ISA Projects from Leuven, company number BE0683990847, closed financial year 2025 with a result of € -358,500 after tax. For that financial year ISA Projects recorded a gross margin of € 87,949 and equity of € -506,968. Compared with financial year 2024, the result moved from € -300,986 to € -358,500. 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 July 23, 2026.
€ -506,968
▼ € 358,500 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -358,500
▼ 19 % more loss than in 2024
Profit after tax over the fiscal year.
€ 153,639
▲ € 142,347 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▲ 82% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.5 million
▲ 47% vs 2024
€ 33,680 is repaid this year. At this pace the long-term loan is gone in ≈ 103 years.
€ 77,271
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,852
▼ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 134,725 | € 2,441 | € -97,251 | € 87,949 | ▲ € 185,200 |
| Profit after taxes | € 15,287 | € -135,969 | € -300,986 | € -358,500 | ▼ € 57,514 |
| Equity | € 288,488 | € 152,518 | € -148,468 | € -506,968 | ▼ € 358,500 |
| Total debts | € 1,822,968 | € 2,786,964 | € 3,155,641 | € 4,992,316 | ▲ 58% |
| Cash | € 854 | € 21,815 | € 11,292 | € 153,639 | ▲ € 142,347 |
| Retained profit | € -430,071 | € -566,040 | € -867,026 | € -1,225,526 | ▼ € 358,500 |
| Bank debt | € 570,930 | € 930,930 | € 2,370,177 | € 3,476,456 | ▲ 47% |
| Balance sheet total | € 2,111,455 | € 2,939,482 | € 3,007,173 | € 4,485,348 | ▲ 49% |
Key figures of ISA Projects, 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 ISA Projects?
What happened at ISA Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 358,500. Source: NBB ↗
- Joeri Vanhumbeeck became a director. NBB
- Katie Castermans became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,287 profit in 2022 to € 358,500 loss in 2025.
Best year ever: 2022, with € 15,287 profit.
Management
Behind ISA Projects are Joeri Vanhumbeeck and Katie Castermans. Joeri Vanhumbeeck is also behind VOKA - Kamer van Koophandel Vlaams-Brabant, CAFIMO, ISA Immo, Rentycar and ROS concept.
Directors
According to the 2025 annual accounts
Joeri Vanhumbeeck
Director
Also active at: VOKA - Kamer van Koophandel Vlaams-Brabant, CAFIMO, ISA Immo, Rentycar, ROS concept, CAFIDI, Loca-Lease, CARCONNEX +3 more
since 2020
Katie Castermans
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Tiensesteenweg 293
3010 Leuven
Mechelsestraat 31
3000 Leuven
Active since 6 November 2017
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
- 0683.990.847
- VAT number
- BE 0683.990.847
- Registered office
- Tiensesteenweg 293, 3010 Leuven
- Names & denominations
- ISA Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 November 2017
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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