Active Building Isolation
Open bankruptcyA bankruptcy procedure is open for Active Building Isolation according to publications in the Belgian State Gazette; curator: KARL STEINIER.
Summary
The 2024 annual accounts show equity of €263k and a net result of €9k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1290 sector peers (2024).
NBB · sector comparisonPosition among 1290 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
20 d early
2022
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▼ 84.0%
2023 · €58k
2022: €95k
2023: €58k
2022 → 2024
Working capital
€-836k▼ 57.6%
2023 · €-530k
2022: €242k
2023: €-530k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€195k-€253k▲ 29.9%€263k▲ 3.7%
Operating result€142k-€141k▼ 0.4%€-209k
Net result€95k-€58k▼ 38.7%€9k▼ 84.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €209k after €141k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.20M
Fixed assets
€2.36M ▲ 33.6%
Current assets
€1.85M ▲ 84.3%
Equity and liabilities €4.20M
Equity
€263k ▲ 3.7%
Provisions
€6k ▼ 32.8%
Debt
€3.94M ▲ 57.1%
Debt's share of the balance-sheet total rises from 90.5% to 93.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€98k▼
2023 · €246k
Cash flow
€316k▲
2023 · €163k
Current ratio
0.69▲
2023 · 0.65
Quick ratio
0.40▼
2023 · 0.53
Debt to equity
14.99▲
2023 · 9.89
ROE
3.5%▼
2023 · 23.0%
ROA
0.2%▼
2023 · 2.1%
Interest coverage
0.87▼
2023 · 4.21
Debt ≤ 1 year
€2.68M▲
2023 · €1.53M
Debt > 1 year
€1.25M▲
2023 · €973k
Income taxes
€23k▼
2023 · €25k
Staff costs
€2.13M▲
2023 · €556k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.77M€4.20M▲
Fixed assets21/28€1.77M€2.36M▲
Intangible fixed assets21€55k€238k▲
Tangible fixed assets22/27€610k€1.02M▲
Plant, machinery and equipment23€121k€322k▲
Furniture and vehicles24€70k€110k▲
Leasing and similar rights25€419k€588k▲
Financial fixed assets28€1.10M€1.10M=
Current assets29/58€1.00M€1.85M▲
Stocks and contracts in progress3€188k€784k▲
Stocks30/36€188k€483k▲
Contracts in progress37-€301k
Amounts receivable within one year40/41€690k€684k▼
Trade receivables40€574k€563k▼
Other amounts receivable41€116k€120k▲
Current investments50/53€8k€6k▼
Cash at bank and in hand54/58€58k€299k▲
Deferred charges and accrued income490/1€57k€75k▲
Equity and liabilities
Total equity and liabilities10/49€2.77M€4.20M▲
Equity10/15€253k€263k▲
Contributions10/11€100k€100k=
Profit (loss) carried forward14€153k€163k▲
Provisions and deferred taxes16€8k€6k▼
Provisions for liabilities and charges160/5€8k€6k▼
Other liabilities and charges164/5€8k€6k▼
Amounts payable17/49€2.51M€3.94M▲
Amounts payable after more than one year17€973k€1.25M▲
Financial debts170/4€973k€1.25M▲
Amounts payable within one year42/48€1.53M€2.68M▲
Current portion of amounts payable after more than one year42€189k€331k▲
Financial debts43€235k€850k▲
Credit institutions430/8€235k€850k▲
Trade debts44€706k€1.03M▲
Suppliers440/4€706k€1.03M▲
Taxes, remuneration and social security45€131k€364k▲
Taxes450/3€31k€44k▲
Remuneration and social security454/9€100k€320k▲
Other amounts payable47/48€273k€112k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€556k€2.13M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€307k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k€2k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€8k€4k▼
Other operating charges640/8€15k€18k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€836k€2.25M▲
Operating profit (loss)9901€141k€-209k▼
Financial income75/76B€522€354k▲
Recurring financial income75€522€354k▲
Financial charges65/66B€58k€113k▲
Recurring financial charges65€58k€113k▲
Profit (loss) for the period before taxes9903€83k€32k▼
Income taxes67/77€25k€23k▼
Profit (loss) for the period9904€58k€9k▼
Profit (loss) for the period to be appropriated9905€58k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€153k€163k▲
Profit (loss) brought forward from the previous period14P€95k€153k▲
Social balance
Average headcount (FTE)908710.033.7▲
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-03
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · ACTIVE BUILDING ISOLATION SRL RUE GEORGES COSSE, ZI, 8, 5380 NOVILLE-LES-BOIS · event 23-02-2026
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €9k ▼84%
Net result drops to €9k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €200kEq €253k ▲29.9%
2 profitable years in a row build equity to €253k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Fernelmont · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Georges Cosse, ZI, Nov. 85380 Fernelmont1 establishment unit
Rue des Fagotis, ZI, Nov. 3A, 5380 Fernelmont
since 20212.321.364.705
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KARL STEINIER RUE THéMIS 10 BTE 32, 5000 NAMUR- |
23-02-2026 → present |
Recognitions · licences · registrations
Legal Entity Identifier
254900Q2EPOL4SLVRY07
Similar companies · same sector, comparable size
LUXAS
BE 0829.603.089
Pajottegem · Eq €262,605
BOUHMIDI MOHAMED BOUWWERKEN
BE 0452.090.967
Aalst · Eq €262,603
HAESAERT PETER
BE 0465.133.212
Zedelgem · Eq €262,598
SILO TECH
BE 0725.445.380
Gembloux · Eq €262,684
BOSLI
BE 0544.539.588
Hoeilaart · Eq €262,544
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 11,364 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2021
Fiscal year end31-12
Abbreviation FR
AB Isolation
Activities, NACEBEL 2025
41001General construction of residential buildings
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filings
Scores and ratios are computed by Checked and are not a credit decision.