GOKAS ISOL

Active

Private limited companyfounded 201016 yrs activeAvenue du Commerce 26, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0826.233.429

GOKAS ISOL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €285k and a net result of €28k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 77% of 3571 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2024

94 / 100

Excellent= vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability50▲+43

Solvency99▲+1

Growth78=

Stability100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €25k at 30 days acceptable

Liquidity ample (current ratio 2.79 against 2.5 in 2023), and 36.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

48 d early

2023

49 d early

2022

33 d early

2021

25 d late

2020

1 d early

2019

87 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€28k▲ 666%

2023 · €4k

2018: €961 2019: €12k 2020: €26k 2021: €-8k 2022: €1k 2023: €4k

2018 → 2024

Working capital

€256k▲ 10.7%

2023 · €231k

2018: €213k 2019: €228k 2020: €238k 2021: €230k 2022: €228k 2023: €231k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€260k-€252k▼ 3.2%€253k▲ 0.5%€257k▲ 1.5%€285k▲ 11.1%

Operating result€39k-€-5k€8k€8k▲ 1.0%€45k▲ 472%

Net result€26k-€-8k€1k€4k▲ 211%€28k▲ 666%

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 472% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €452k

12%

88.2%

Fixed assets €54k▲ 10.8%

Current assets €399k▲ 3.5%

Equity and liabilities €452k

63.1%

36.9%

Equity €285k▲ 11.1%

Debt €167k▼ 5.5%

The debt ratio falls from 40.7% to 36.9%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€68k▲

2023 · €25k

Cash flow

€52k▲

2023 · €21k

Solvency

63.1%▲

2023 · 59.3%

Current ratio

2.79▲

2023 · 2.50

Quick ratio

2.79▲

2023 · 2.50

Debt / equity

0.58▼

2023 · 0.69

ROE

10.0%▲

2023 · 1.4%

ROA

6.3%▲

2023 · 0.9%

Interest coverage

8.94▲

2023 · 7.97

Debt

€167k▼

2023 · €177k

Debt ≤ 1 year

€143k▼

2023 · €154k

Debt > 1 year

€24k▲

2023 · €13k

Income taxes

€9k▲

2023 · €2k

Staff costs

€434k▼

2023 · €643k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€434k€452k▲

Fixed assets21/28€48k€54k▲

Tangible fixed assets22/27€46k€51k▲

Furniture and vehicles24€46k€51k▲

Financial fixed assets28€3k€3k=

Current assets29/58€385k€399k▲

Amounts receivable within one year40/41€367k€367k▼

Trade receivables40€354k€361k▲

Other amounts receivable41€13k€5k▼

Cash at bank and in hand54/58€10k€20k▲

Deferred charges and accrued income490/1€8k€12k▲

Equity and liabilities

Total equity and liabilities10/49€434k€452k▲

Equity10/15€257k€285k▲

Contributions10/11€6k€6k=

Reserves13€246k€246k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€244k€244k=

Profit (loss) carried forward14€5k€33k▲

Amounts payable17/49€177k€167k▼

Amounts payable after more than one year17€13k€24k▲

Financial debts170/4€13k€24k▲

Amounts payable within one year42/48€154k€143k▼

Current portion of amounts payable after more than one year42€56k€47k▼

Trade debts44€13k€9k▼

Suppliers440/4€13k€9k▼

Taxes, remuneration and social security45€26k€27k▲

Taxes450/3€4k€3k▼

Remuneration and social security454/9€22k€24k▲

Other amounts payable47/48€59k€60k▲

Accrued charges and deferred income492/3€10k-

Income statement Code20232024

Remuneration, social security and pensions62€643k€434k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€24k▲

Other operating charges640/8€509€512▲

Gross operating margin9900€669k€503k▼

Operating profit (loss)9901€8k€45k▲

Financial income75/76B€1k€697▼

Recurring financial income75€1k€697▼

Non-recurring financial income76B€83-

Financial charges65/66B€3k€8k▲

Recurring financial charges65€3k€8k▲

Profit (loss) for the period before taxes9903€6k€38k▲

Income taxes67/77€2k€9k▲

Profit (loss) for the period9904€4k€28k▲

Profit (loss) for the period to be appropriated9905€4k€28k▲

Appropriation of the result

Profit (loss) to be appropriated9906€5k€33k▲

Profit (loss) brought forward from the previous period14P€1k€5k▲

Social balance

Average headcount (FTE)908733.011.8▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 3Gazette 1Filings 10

2026

07-09

State Gazette act General meeting · Director resignation

General meeting · Director resignation · Director discharge8 facts ▸

General meeting, 2026-06-19
Director resignation, Gokas Christos (administrateur)
Director resignation, Gokas Georgios (administrateur)
Director discharge, Gokas Christos
Director discharge, Gokas Georgios
Director appointment, XS Project (administrateur)
Permanent representative, Sambon Xavier
Mandate compensation, XS Project

2025

13-06

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Highest result since 2018net €28k ▲666%

Operating result €45k, net result €28k, both a record.

12-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

28-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Back to profitnet €1k

Net result €1k after one loss-making year.

25-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 25 days late

2021

31-12

Financial Weakest financial yearnet €-8k ▼132%

Net result drops to €-8k, the lowest in the series; recovery starts the following year.

30-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

26-10

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 87 days late

2019

28-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 28 days late

2018

30-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 30 days late

2017

21-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 21 days late

2016

24-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 24 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 directors, no change since 2026

XS Project

Director · since 19-06-2026 · Private limited company · perm. rep.: Sambon Xavier

Current

19-06-2026 XS Project: Appointed as Director

19-06-2026 Gokas Christos: Resigned as Director

19-06-2026 Gokas Georgios: Resigned as Director

Location & real-estate footprint

Registered office, Braine-l'Alleud · 1 establishment unit since 2010

establishment The establishment unit on the map

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.

Avenue du Commerce 261420 Braine-l'Alleud

Ground area

7,827 m²

Building footprint

933 m²

Parcel 25014N0024/00M000, Wallonia. Linked by address, not a title deed.

1 establishment unit

Gokas Isol

Avenue du Commerce 26 A, 1420 Braine-l'AlleudSpecialised construction activities

since 20102.188.504.003

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25014N0024/00M000	Wallonia	7,827 m²	1 · 933 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.

Structure & network

Connections & network

1 connected company

Network connections

C.G. GOKAS

Shared corporate director

→

Ownership & control

1 party

Control over this companysits on this company's board1

XS Project

2 subsidiaries · 1 location

controls

GOKAS ISOLBE 0826.233.429

Similar companies · same sector, comparable size

Of 4,243 companies in sector 43230 we hold annual accounts for 1,230. 884 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded28-05-2010

Fiscal year end31-12

Activities, NACEBEL

43230Insulation installation

43291Specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.