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 1 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
ILSD from Gent, company number BE0688668920, closed financial year 2023 with a result of € -100,732 after tax. For that financial year ILSD recorded a gross margin of € -36,232 and equity of € -47,810. Compared with financial year 2022, the result moved from € 35,726 to € -100,732. 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 September 30, 2024.
€ -47,810
▼ € 100,732 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -100,732
▼ still € 35,726 profit in 2022
Profit after tax over the fiscal year.
€ 56,304
▼ 23% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -61,810.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,261
▼ 47% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 241,159
▲ € 209,169 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 21,386
▲ 33% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 182,510 | € 235,043 | € -36,232 | ▼ € 271,276 |
| Profit after taxes | € 51,943 | € 35,726 | € -100,732 | ▼ € 136,457 |
| Equity | € 17,196 | € 52,922 | € -47,810 | ▼ € 100,732 |
| Total debts | € 106,275 | € 84,018 | € 305,951 | ▲ 264% |
| Cash | € 31,180 | € 73,284 | € 56,304 | ▼ 23% |
| Retained profit | € 3,196 | € 38,922 | € -61,810 | ▼ € 100,732 |
| Balance sheet total | € 123,472 | € 136,940 | € 258,141 | ▲ 89% |
Key figures of ILSD, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to ILSD?
What happened at ILSD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 100,732 (▼ € 136,457 vs 2022). filed late Source: NBB ↗
- Sanchill Ahmed Yasim became a director. NBB
- New establishment in Oud-Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,943 profit in 2021 to € 100,732 loss in 2023.
Paid € 10,793 in corporate taxes since 2021.
Best year ever: 2021, with € 51,943 profit.
Management
Behind ILSD is Sanchill Ahmed Yasim. Sanchill Ahmed Yasim is also behind SMACZNY DN SUPERMARKET and SLSD.
Directors
According to the 2023 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Wondelgemstraat 207
9000 Gent
Steenweg op Mol 118
2360 Oud-Turnhout
Active since 19 January 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0688.668.920
- VAT number
- BE 0688.668.920
- Registered office
- Wondelgemstraat 207, 9000 Gent
- Names & denominations
- ILSD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2018
- Peppol
- Active · Active since 7 Jan 2026
- Contact
- [email protected]
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)