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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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ISH Holding from Antwerpen, company number BE0803355681, closed financial year 2025 with a result of € -335,111 after tax. For that financial year ISH Holding recorded a gross margin of € -167,877 and equity of € 24.5 million. Compared with financial year 2024, the result moved from € -136,329 to € -335,111. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 24.5 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -335,111
▼ 146 % more loss than in 2024
Profit after tax over the fiscal year.
€ 42,467
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -610,760.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 1.6 million
Loans from banks and other lenders, long and short.
€ 92,741
▲ 185% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,175
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -148,241 | € -123,972 | € -167,877 | ▼ € 43,905 |
| Profit after taxes | € -139,319 | € -136,329 | € -335,111 | ▼ € 198,782 |
| Equity | € 6,585,681 | € 19,633,153 | € 24,468,188 | ▲ 25% |
| Total debts | € 7,134,566 | € 1,623,364 | € 1,692,509 | ▲ 4% |
| Cash | € 1,222,091 | € 171,010 | € 42,467 | ▼ 75% |
| Retained profit | € -139,319 | € -275,649 | € -610,760 | ▼ € 335,111 |
| Bank debt | € 0 | € 1,585,102 | € 1,585,102 | |
| Balance sheet total | € 13,720,247 | € 21,256,517 | € 26,160,697 | ▲ 23% |
Key figures of ISH Holding, fiscal years 2023 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 ISH Holding?
What happened at ISH Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 335,111. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 139,319 loss in 2023 to € 335,111 loss in 2025.
Paid € 1,449 in corporate taxes since 2023.
Management
The stake of Strada Partners I comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ISH HoldingBehind ISH Holding are Michael Richards, ALVERIA BV and DP VENTURES BV. The shares are held by Strada Partners I (52.5%). It owns 100% of Jobtoolz, 68.8% of H.R. interventions and Invincible Software Holdings itself.
Directors
According to the 2025 annual accounts
Michael Richards
Director
Director · represented by Vandepitte Matthias
Also active at: Toba HR Solutions, Jobtoolz, Growth Inc., AXITHON, ITP GROUP, Marklaan Advisory, A New Hope, Tribe Europe Partners +7 more
Director · represented by De Poorter Nicholas
Also active at: Jobtoolz, DE VOS Systems, Bloom Derma Holding
Shareholders
52.5%
Participations
Establishments
Establishment units
Physical locations of this company
Frankrijklei 106
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →Mulberry
Marklaan Advisory same network
€ 500,103 gross margin · 2025
Radiologiepraktijk
€ 594,074 gross margin · 2025
Strada Partners I same network
€ 14,029 revenue · 2025
Strada Partners 0
€ -42,955 gross margin · 2025
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0803.355.681
- VAT number
- BE 0803.355.681
- Registered office
- Frankrijklei 106, 2000 Antwerpen
- Names & denominations
- ISH Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2023
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings