COUCLET ISO CONSTRUCT
ActiveCOUCLET ISO CONSTRUCT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €309k and a net result of €63k. Equity is shrinking by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 51% of 2031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
89
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency71▲+12
Growth58=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.1 in 2024), and 56.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.7%
Return on assets
8.9%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €309k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
56 d late
2023
31 d late
2022
2 d early
2021
31 d late
2020
31 d late
2019
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€63k▲ 4.1%
2024 · €60k
2018: €3k
2019: €75k
2020: €-74k
2021: €-20k
2022: €-191k
2023: €29k
2024: €60k
2018 → 2025
Working capital
€50k▲ 137%
2024 · €21k
2018: €144k
2019: €304k
2020: €349k
2021: €194k
2022: €98k
2023: €-7k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€348k-€157k▼ 55.0%€185k▲ 18.3%€246k▲ 32.6%€309k▲ 25.6%
Operating result€92k-€-81k€134k€79k▼ 41.2%€79k=
Net result€-20k-€-191k▼ 856%€29k€60k▲ 111%€63k▲ 4.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €705k
Fixed assets
€434k▼ 3.0%
Current assets
€272k▲ 15.8%
Equity and liabilities €705k
Equity
€309k▲ 25.6%
Debt
€397k▼ 9.0%
The debt ratio falls from 64.0% to 56.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€151k▼
2024 · €157k
Cash flow
€135k▼
2024 · €138k
Solvency
43.7%▲
2024 · 36.0%
Current ratio
1.23▲
2024 · 1.10
Quick ratio
1.04▲
2024 · 0.85
Debt / equity
1.29▼
2024 · 1.77
ROE
20.4%▼
2024 · 24.6%
ROA
8.9%▲
2024 · 8.9%
Interest coverage
14.43▲
2024 · 12.10
Debt
€397k▼
2024 · €436k
Debt ≤ 1 year
€222k▲
2024 · €213k
Debt > 1 year
€175k▼
2024 · €222k
Income taxes
€6k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€682k€705k▲
Fixed assets21/28€447k€434k▼
Tangible fixed assets22/27€447k€434k▼
Land and buildings22€282k€274k▼
Plant, machinery and equipment23€95k€70k▼
Furniture and vehicles24€71k€59k▼
Leasing and similar rights25-€31k
Financial fixed assets28€150€150=
Current assets29/58€235k€272k▲
Stocks and contracts in progress3€54k€42k▼
Stocks30/36€54k€42k▼
Amounts receivable within one year40/41€26k€9k▼
Trade receivables40€26k€9k▼
Cash at bank and in hand54/58€153k€220k▲
Deferred charges and accrued income490/1€2k€672▼
Equity and liabilities
Total equity and liabilities10/49€682k€705k▲
Equity10/15€246k€309k▲
Contributions10/11€26k€58k▲
Reserves13€93k€122k▲
Distributable reserves133€93k€122k▲
Profit (loss) carried forward14€127k€128k▲
Amounts payable17/49€436k€397k▼
Amounts payable after more than one year17€222k€175k▼
Financial debts170/4€222k€175k▼
Amounts payable within one year42/48€213k€222k▲
Current portion of amounts payable after more than one year42€92k€75k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€10k€36k▲
Taxes450/3€8k€36k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€107k€109k▲
Accrued charges and deferred income492/3€14-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€72k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€160k€156k▼
Operating profit (loss)9901€79k€79k=
Financial income75/76B€381€539▲
Recurring financial income75€381€539▲
Financial charges65/66B€13k€10k▼
Recurring financial charges65€13k€10k▼
Profit (loss) for the period before taxes9903€66k€69k▲
Income taxes67/77€6k€6k▲
Profit (loss) for the period9904€60k€63k▲
Profit (loss) for the period to be appropriated9905€60k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€187k€190k▲
Profit (loss) brought forward from the previous period14P€127k€127k▲
Transfer to equity691/2€60k€62k▲
To other reserves6921€60k€62k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 56 days late
2024
30-09
Financial
Equity above €200kEq €246k ▲32.6%
2 profitable years in a row build equity to €246k.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
30-09
Financial
Back to profitnet €29k
Net result €29k after 3 loss-making years.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Weakest financial yearnet €-191k
Net result drops to €-191k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-09
Financial
Liquidity doublescurrent ratio 3.94
Current ratio from 1.61 to 3.94; short-term debt falls from €500k to €119k.
30-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
30-09
Financial
Highest result since 2018net €75k ▲2380%
Operating result €208k, net result €75k, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ciney · 1 establishment unit since 2010
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.
Clos de Nachinal(Achêne) 95590 CineyGround area
6,585 m²
Parcel 91001D0193/00H004, Wallonia. Linked by address, not a title deed.
1 establishment unit
COUCLET ISO CONSTRUCT
since 20102.183.887.593
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91001D0193/00H004 | Wallonia | 6,585 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300A54WL4N6TPV534
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Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 5,294 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2009
Fiscal year end30-09
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43120Site preparation
43212Electrical installation work in industrial facilities
43230Insulation installation
43291Specialised construction activities
43310Plastering work
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.