ACTIVE

ISVG

Financial year 2025 · Closed on 31/12/2025

Net result6,8 M €+49 145,3 %over 1 year
Equity107,4 M €+6,8 %over 1 year

Identity

Source · BCE/KBO

ISVG is a Public limited company incorporated in 2010. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0829.696.428
Incorporation
27/09/2010
Legal form
Public limited company
Registered office
Noordersingel 19
2140 Antwerpen · FlandreSee on map
Contributed capital
100 948 629,53 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin–––––
EBITDA-169,5 k €-9,5 k €-78 k €-3,9 k €-4,1 k €
Operating result-169,5 k €-9,5 k €-78 k €-3,9 k €-4,1 k €
Net result6,8 M €-14 k €-144,9 k €-3,4 k €-4,3 k €
Balance sheet
Equity107,4 M €100,6 M €130,5 M €130,6 M €130,7 M €
Total assets153,5 M €140,1 M €166,6 M €165 M €162,3 M €
Cash476,3 k €10 k €16,7 k €6,4 k €–
Debts45 M €38,3 M €34,8 M €34,3 M €31,6 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BRASSCHAAT FINANCIAL HOLDING0891.958.550Represented by Vera Cox
Director27/09/2010 → 01/06/2030Chairman of the board of directors30/06/2018 → 2020 accountsendedManaging director27/09/2010 → 2018 accountsended
Ilse Bernaerts
Persoon belast met dagelijks bestuur30/06/2018 → 01/06/2030Director30/06/2018 → 2019 accountsendedManager30/06/2018 → 2018 accountsended
Stephan Bernaerts
Persoon belast met dagelijks bestuur30/06/2018 → 01/06/2030Director29/07/2010 → 2018 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Berry Westhoff
Director01/07/2018 → 2022 accountsManager01/07/2018 → 2018 accounts

Other companies at this address

Noordersingel 19 2140 Antwerpen
CompanyCBE no.
Amandel● Active
0829.796.990
0651.829.013
0671.908.508
Brass 1● Active
0629.787.148
Brass 2● Active
0629.790.514
Brass 3● Active
0655.825.512
0633.829.672
DE WILLE● Active
0426.441.890
Directlease● Active
0866.670.452
0696.669.638
J&T AUTOLEASE● Active
0417.736.438
Leasense● Active
0809.978.407
LESCHACO● Active
0427.946.578
TRILUX● Active
0448.238.780
Van Mossel AMEC● Active
0416.699.132
0737.937.396
0770.675.193
0695.863.053
0696.670.430
1013.600.609

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/06/202619/06/202522/08/202429/08/202307/07/202230/08/2021
General meeting06/06/202607/06/202522/08/202421/08/202324/06/202230/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202506/06/202608/06/2026DutchPDF
Full model31/12/202407/06/202519/06/2025DutchPDF
Full model31/12/202322/08/202422/08/2024DutchPDF
Full model31/12/202221/08/202329/08/2023DutchPDF
Full model31/12/202124/06/202207/07/2022DutchPDF
Full model31/12/202030/08/202130/08/2021DutchPDF
Full model31/12/201912/06/202030/06/2020DutchPDF
Full model31/12/201801/06/201920/06/2019DutchPDF
Full model31/12/201729/06/201809/07/2018DutchPDF
Full model31/12/201630/06/201707/07/2017DutchPDF
Full model31/12/201503/06/201617/06/2016DutchPDF
Full model31/12/201430/06/201520/07/2015DutchPDF
Full model31/12/201307/06/201407/07/2014DutchPDF
Abridged model31/12/201228/06/201319/08/2013DutchPDF
Abridged model31/12/201129/08/201231/08/2012DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BRASSCHAAT FINANCIAL HOLDING0891.958.550Represented by Vera Cox
Director27/09/2010 → 01/06/2030Chairman of the board of directors30/06/2018 → 2020 accountsendedManaging director27/09/2010 → 2018 accountsended
Ilse Bernaerts
Persoon belast met dagelijks bestuur30/06/2018 → 01/06/2030Director30/06/2018 → 2019 accountsendedManager30/06/2018 → 2018 accountsended
Stephan Bernaerts
Persoon belast met dagelijks bestuur30/06/2018 → 01/06/2030Director29/07/2010 → 2018 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Berry Westhoff
Director01/07/2018 → 2022 accountsManager01/07/2018 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares30/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates21/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/10/2019
    DIVERSEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings15 filings
Mandates
BRASSCHAAT FINANCIAL HOLDING
Stephan Bernaerts
Ilse Bernaerts
Berry Westhoff
201020112012201320142015201620172018201920202021202220232024202520262027202820292030
ISVG
Noordersingel 19, 2140 Borgerhout (Antwerp)
DirectorChairman of the board of directorsManaging director
Persoon belast met dagelijks bestuurDirector
Persoon belast met dagelijks bestuurDirector
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Noordersingel 19, 2140 Borgerhout (Antwerp)Current
accounts 2021 → 2025
Accounts 2025 · 2026-00148464

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ISVGCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00148464

Events

  1. 2025
    Annual accounts 20256,8 M €↑
  2. 2024
    Annual accounts 2024-14 k €↑
  3. 18/12/2024
    reduction_capital
  4. 22/08/2024
    reconductionIlse Bernaerts · Bestuurder
  5. 22/08/2024
    reconductionStephan Bernaerts · Bestuurder
  6. 27/06/2024
    nominationVera Cox · vaste vertegenwoordiger van Brasschaat Financial Holding NV als rechtspersoon-bestuurder
  7. 2023
    Annual accounts 2023-144,9 k €↓
  8. 2022
    Annual accounts 2022-3,4 k €↑
  9. 28/07/2022
    nominationBerry Westhoff · vaste vertegenwoordiger
  10. 28/07/2022
    nominationJan van Loon · bijzondere lasthebber
  11. 28/07/2022
    nominationMelani Simonian · bijzondere lasthebber
  12. 28/07/2022
    nominationEmily Staels · bijzondere lasthebber
  13. 2021
    Annual accounts 2021-4,3 k €↓
  14. 2020
    Annual accounts 2020-3,1 k €↑
  15. 2019
    Annual accounts 2019-6,1 k €↓
  16. 2018
    Annual accounts 2018-4,5 k €↓
  17. 2017
    Annual accounts 2017-2,2 k €↑
  18. 2016
    Annual accounts 2016-16,3 k €↓
  19. 2015
    Annual accounts 2015119,6 k €↑
  20. 2014
    Annual accounts 2014-168,1 k €↓
  21. 2013
    Annual accounts 2013-64,4 k €↓
  22. 2012
    Annual accounts 2012-19,4 k €↑
  23. 2011
    Annual accounts 2011-27 k €
  24. 27/09/2010
    IncorporationPublic limited company