Financials
Financial year 2025
ISAPP from Tessenderlo-Ham, company number BE1004053829, closed financial year 2025 with a result of € -25,616 after tax. For that financial year ISAPP recorded a gross margin of € 70,063 and equity of € 263,869. Compared with financial year 2024, the result moved from € 32,419 to € -25,616. 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 July 31, 2026.
€ 263,869
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,616
▼ still € 32,419 profit in 2024
Profit after tax over the fiscal year.
€ 146,351
▲ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 235,309.
People and assets in 2025
1
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 88,962
▼ 61% vs 2024
€ 89,000 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 2025
€ 50,891
▼ 29% vs 2024
€ 12,500 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 175,201
▲ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,991
▼ 65% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 282,709 | € 70,063 | ▼ 75% |
| Profit after taxes | € 32,419 | € -25,616 | ▼ € 58,035 |
| Equity | € 289,484 | € 263,869 | ▼ 9% |
| Total debts | € 965,767 | € 431,543 | ▼ 55% |
| Cash | € 95,125 | € 146,351 | ▲ 54% |
| Retained profit | € 260,924 | € 235,309 | ▼ 10% |
| Bank debt | € 71,605 | € 50,891 | ▼ 29% |
| Balance sheet total | € 1,255,251 | € 695,412 | ▼ 45% |
| Employees (FTE) | 1.6 | 1 | ▼ 0.6 |
Key figures of ISAPP, fiscal years 2024 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 ISAPP?
What happened at ISAPP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,616 (▼ € 58,035 vs 2024). Source: NBB ↗
- New establishment in Tessenderlo-Ham. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,419 profit in 2024 to € 25,616 loss in 2025.
Paid € 13,096 in corporate taxes since 2024.
Best year ever: 2024, with € 32,419 profit.
On average € 70,100 of value added per employee in 2025.
Management
The stake of MAFICON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ISAPPBehind ISAPP are Frederick Duchateau, Maficon BV and Danny Lenaerts. The shares are held by MAFICON (100%).
Directors
According to the 2025 annual accounts
Danny Lenaerts
Managing director
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrieweg (H) 102
3980 Tessenderlo-Ham
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 1004.053.829
- VAT number
- BE 1004.053.829
- Registered office
- Industrieweg (H) 102, 3980 Tessenderlo-Ham
- Names & denominations
- ISAPP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2023
- Peppol
- Active · Active since 16 Dec 2025
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