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 2025 and 2026.
Financials
Financial year 2026
ISTI from Merelbeke-Melle, company number BE0795664769, closed financial year 2026 with a result of € -24,879 after tax. For that financial year ISTI recorded a gross margin of € -17,466 and equity of € 951,282. Compared with financial year 2025, the result moved from € -4,103 to € -24,879. 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 October 15, 2026.
€ 951,282
▼ 3% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,879
▼ 506 % more loss than in 2025
Profit after tax over the fiscal year.
€ 95,738
▲ 74% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,718.
People and assets in 2026
€ 17,882
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 2,076
▲ € 1,754 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 2,492
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|
| Gross margin | € -20,680 | € -13,611 | € -17,466 | ▼ € 3,856 |
| Profit after taxes | € -19,736 | € -4,103 | € -24,879 | ▼ € 20,775 |
| Equity | € 980,264 | € 976,161 | € 951,282 | ▼ 3% |
| Total debts | € 259,273 | € 268,662 | € 29,277 | ▼ 89% |
| Cash | € 8,614 | € 54,995 | € 95,738 | ▲ 74% |
| Land & buildings | € 1,899 | € 1,700 | € 0 | ▼ 100% |
| Retained profit | € -19,736 | € -23,839 | € -48,718 | ▼ € 24,879 |
| Balance sheet total | € 1,239,537 | € 1,244,823 | € 980,560 | ▼ 21% |
Key figures of ISTI, fiscal years 2024 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to ISTI?
What happened at ISTI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 24,879. Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Evi De Maeseneire became a director. NBB
- Axel Boedts became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,736 loss in 2024 to € 24,879 loss in 2026.
Paid € 142 in corporate taxes since 2024.
Management
Behind ISTI are Evi De Maeseneire and Axel Boedts. The same people are also behind IPARCO. Axel Boedts is also behind PROVYSA, A4F, 1897 CHALTIN, SOLFERBERGH and PARCODI.
Directors
According to the 2026 annual accounts
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Heusdenbaan 69
9090 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0795.664.769
- VAT number
- BE 0795.664.769
- Registered office
- Heusdenbaan 69, 9090 Merelbeke-Melle
- Names & denominations
- ISTI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2023
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van holdings
Handelsbemiddeling in de groothandel in andere specifieke goederen
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Vermogensbeheer
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Holdings