Bankrupt · Opening faillissement (CBE)

ISG Construction Services

BE0846128624

Rechtspersoon Private limited company 1 establishment

ISG Construction Services is filed with the CBE under the catch-all “Overige gespecialiseerde bouwactiviteiten”, a code that says little about what the company actually does. Private Limited, started on 24 May 2012, 1 establishment.

Auguste Reyerslaan 80, 1030 Schaarbeek +33141449380 [email protected]

Behind the company: Scott BOLTON, Karen BOOTH, Peter MILLET.

Start date

24 May 2012

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Busy address KBO

    18 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

ISG Construction Services from Schaarbeek, company number BE0846128624, closed financial year 2022 with a result of € 304,368 after tax. For that financial year ISG Construction Services recorded revenue of € 11.7 million and equity of € 4.2 million. Compared with financial year 2021, the result moved from € 2.8 million to € 304,368. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2023.

What it is worth Growing

€ 4.2 million

▲ 8% vs 2021

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

Profit Healthy

€ 304,368

▼ 89% vs 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 8,920

▲ 11% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € 4.1 million.

People and assets in 2022

Full-time equivalents

1.4

▼ 1.9 vs 2021

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 95,324

▼ 45% vs 2021

€ 68,100 per full-time equivalent. 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

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 3.6 million

▼ 82% vs 2021

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 115 days on average.

Taxes and wages

€ 1 million

▼ 13% 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
Revenue € 25,117,785 € 11,692,854 ▼ 53%
Profit after taxes € 2,842,333 € 304,368 ▼ 89%
Equity € 3,864,468 € 4,168,836 ▲ 8%
Total debts € 50,860,812 € 25,234,736 ▼ 50%
Cash € 8,040 € 8,920 ▲ 11%
Retained profit € 3,844,468 € 4,148,836 ▲ 8%
Balance sheet total € 54,725,279 € 29,403,572 ▼ 46%
Employees (FTE) 3.3 1.4 ▼ 1.9

Key figures of ISG Construction Services, 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 31 July 2024.

What happened to ISG Construction Services?

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

ISG Construction Services is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: profit of € 304,368 (▼ 89% vs 2021). Source: NBB ↗
  • Scott BOLTON became a director. NBB
  • Bart KORINK stepped down as director. NBB
  • Karen BOOTH became a director. NBB
  • Peter MILLET became a director. NBB
  • Bart KORINK became a director. NBB
  • New establishment in Schaarbeek. KBO
  • Start of the company according to the CBE. KBO

In short

From € 2.8 million profit in 2021 to € 304,368 profit in 2022.

Paid € 1.1 million in corporate taxes since 2021.

Best year ever: 2021, with € 2.8 million profit.

Pays suppliers within 115 days on average.

Management

Scott BOLTON Karen BOOTH Peter MILLET
ISG Construction Services

Behind ISG Construction Services are Scott BOLTON, Karen BOOTH and Peter MILLET.

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Directors

According to the 2022 annual accounts

Scott BOLTON

Director

since 2022

Karen BOOTH

Director

since 2020

Peter MILLET

Director

since 2020

Bart KORINK

Director

since 2020 · until 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Auguste Reyerslaan 80

1030 Schaarbeek

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0846.128.624
VAT number
BE 0846.128.624
Registered office
Auguste Reyerslaan 80, 1030 Schaarbeek
Names & denominations
ISG Construction Services
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
24 May 2012
Peppol
Not registered
Activities · NACE

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

Frequently asked questions

What does ISG Construction Services do?
ISG Construction Services is filed with the CBE under the catch-all “Overige gespecialiseerde bouwactiviteiten”, a code that says little about what the company actually does. Private Limited, started on 24 May 2012, 1 establishment.
What is the address of ISG Construction Services?
The registered office of ISG Construction Services is located at Auguste Reyerslaan 80, 1030 Schaarbeek.
Is ISG Construction Services still active?
No. The CBE lists ISG Construction Services 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 ISG Construction Services registered on Peppol?
No, ISG Construction Services is currently not registered on the Peppol network.
What is the enterprise number of ISG Construction Services?
The enterprise number of ISG Construction Services is BE0846128624.
When was ISG Construction Services founded?
ISG Construction Services was founded on 24 May 2012.