Bankrupt · Opening faillissement (CBE)

ISOLASTUC

BE0713686012

Rechtspersoon Private limited company 1 establishment

ISOLASTUC is filed with the CBE under the catch-all “Overige gespecialiseerde bouwactiviteiten”. Also registered: commercial agency, caterer. Private Limited, started on 19 November 2018, 1 establishment.

Sint-Denijsestraat(Kor) 28, 8500 Kortrijk

Behind the company: BADR HAMMAD.

Start date

19 November 2018

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 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Tight liquidity NBB

    Cash and receivables cover 14 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

ISOLASTUC from Kortrijk, company number BE0713686012, closed financial year 2022 with a result of € -31,024 after tax. For that financial year ISOLASTUC recorded a gross margin of € 18,678 and equity of € -45,042. Compared with financial year 2021, the result moved from € -9,455 to € -31,024. 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 February 14, 2023.

What it is worth Caution

€ -45,042

▼ € 31,024 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -31,024

▼ 228 % more loss than in 2021

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -51,242.

People and assets in 2022

Wage cost

€ 33,896

▼ 8% vs 2021

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 2022

Bank debt

€ 292,712

▲ 7% vs 2021

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 39,410

▲ 12% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 30,098

▼ 12% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 41,986 € 18,678 ▼ 56%
Profit after taxes € -9,455 € -31,024 ▼ € 21,569
Equity € -14,018 € -45,042 ▼ € 31,024
Total debts € 405,684 € 433,575 ▲ 7%
Cash € 460 -
Retained profit € -20,218 € -51,242 ▼ € 31,024
Bank debt € 274,641 € 292,712 ▲ 7%
Balance sheet total € 391,667 € 388,533 ▼ 1%

Key figures of ISOLASTUC, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 30 January 2024.

What happened to ISOLASTUC?

What happened at ISOLASTUC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

ISOLASTUC is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 31,024. filed late Source: NBB ↗
  • New establishment in Anzegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 9,455 loss in 2021 to € 31,024 loss in 2022.

Management

BADR HAMMAD
ISOLASTUC

Behind ISOLASTUC is BADR HAMMAD.

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Directors

According to the 2022 annual accounts

BADR HAMMAD

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Denijsestraat(Kor) 28

8500 Kortrijk

2.284.191.335

Olekenbosstraat 25 box c

8570 Anzegem

Active since 19 November 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
0713.686.012
VAT number
BE 0713.686.012
Registered office
Sint-Denijsestraat(Kor) 28, 8500 Kortrijk
Names & denominations
ISOLASTUC
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
19 November 2018
Peppol
Active · Active since 2 Jan 2026
Activities · NACE

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren

Catering van evenementen

Frequently asked questions

What does ISOLASTUC do?
ISOLASTUC is filed with the CBE under the catch-all “Overige gespecialiseerde bouwactiviteiten”. Also registered: commercial agency, caterer. Private Limited, started on 19 November 2018, 1 establishment.
What is the address of ISOLASTUC?
The registered office of ISOLASTUC is located at Sint-Denijsestraat(Kor) 28, 8500 Kortrijk.
Is ISOLASTUC still active?
No. The CBE lists ISOLASTUC with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is ISOLASTUC registered on Peppol?
Yes, ISOLASTUC is registered on the Peppol network with ID 0208:0713686012.
What is the enterprise number of ISOLASTUC?
The enterprise number of ISOLASTUC is BE0713686012.
When was ISOLASTUC founded?
ISOLASTUC was founded on 19 November 2018.