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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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
I-SQUARED CONSULTING from Bornem, company number BE0859666260, closed financial year 2024 with a result of € 155,831 after tax. For that financial year I-SQUARED CONSULTING recorded a gross margin of € 254,630 and equity of € 1.9 million. Compared with financial year 2023, the result moved from € -22,564 to € 155,831. Profitable, and profit is growing. 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 November 28, 2025.
€ 1.9 million
▲ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 155,831
▲ still € 22,564 loss in 2023
Profit after tax over the fiscal year.
€ 27,350
▼ 62% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.9 million.
People and assets in 2024
€ 48,359
▼ 14% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 343,002
▼ 25% vs 2023
€ 47,098 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 88
▼ 95% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 17,349
▲ € 14,594 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 30,700 | € 2,482 | € 56,572 | € 254,630 | ▲ € 198,058 |
| Profit after taxes | € -93,916 | € -78,904 | € -22,564 | € 155,831 | ▲ € 178,395 |
| Equity | € 2,434,552 | € 1,739,632 | € 1,717,068 | € 1,872,899 | ▲ 9% |
| Total debts | € 529,461 | € 591,888 | € 493,752 | € 387,983 | ▼ 21% |
| Cash | € 322,885 | € 56,413 | € 72,623 | € 27,350 | ▼ 62% |
| Land & buildings | € 1,777,822 | € 1,713,222 | € 1,646,394 | € 1,511,047 | ▼ 8% |
| Retained profit | € 2,415,952 | € 1,721,032 | € 1,698,468 | € 1,854,299 | ▲ 9% |
| Dividend | € 0 | € 616,016 | € 0 | € 0 | |
| Bank debt | € 525,271 | € 491,035 | € 456,461 | € 343,002 | ▼ 25% |
| Balance sheet total | € 3,126,692 | € 2,492,286 | € 2,369,674 | € 2,417,823 | ▲ 2% |
Key figures of I-SQUARED CONSULTING, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to I-SQUARED CONSULTING?
What happened at I-SQUARED CONSULTING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 155,831. filed late Source: NBB ↗
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
- Gilbert Van fraeyenhoven became a director. NBB
In short
From € 93,916 loss in 2021 to € 155,831 profit in 2024.
Paid € 17,269 in corporate taxes since 2021.
Best year ever: 2024, with € 155,831 profit.
Paid out € 616,016 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind I-SQUARED CONSULTING is Gilbert Van fraeyenhoven.
Directors
According to the 2024 annual accounts
Gilbert Van fraeyenhoven
Director
since 2003
Establishments
Establishment units
Physical locations of this company
Achterweidestraat(BOR) 21A box 101
2880 Bornem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0859.666.260
- VAT number
- BE 0859.666.260
- Registered office
- Achterweidestraat(BOR) 21A bus 101, 2880 Bornem
- Names & denominations
- I-SQUARED CONSULTING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 2003
- Peppol
- Active · Active since 28 Nov 2024
- Activities · NACE
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