Green Leaf Midco 4

Active Risk: low Private limited companyfounded 2022active for 4 yearsBrusselsesteenweg 94, 9090 Merelbeke-MelleKBO/BCE: BE 0789.552.878 subsidiary of Green Leaf Midco 3

Part of the group Green Leaf Topco 16 companies

See the group

Green Leaf Midco 4

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Holdings

own 2025 accounts, the bar shows equity in euros

This companyGreen Leaf Midco 42 holdings, 2 countries 2025 accounts

Belgium 1 Equity Result

BE Green Leaf Bidco BV €318.6m result -€7.4m

Europe 1 Equity Result

LU Green Leaf Finco S.a.r.l €1.1m result €491,507

Source: list of holdings in its own 2025 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Part of the group Green Leaf Topco Group, risk and exposure

Parent

Green Leaf Midco 3

0789.547.336 · 100% of the shares · equity €344.7m · loss €4,510 (2025)

At the same address

Brusselsesteenweg 94, 9090 Merelbeke-Melle · 17 other companies

Randstad Belgium establishment since 09-01-2000 · founded in 1965 · group RANDSTAD GROUP BELGIUM	20,826 FTE (2025) 0402.725.291
RANDSTAD GROUP BELGIUM establishment since 28-04-2006 · founded in 2005	1,909 FTE (2025) 0874.753.819
IPCOM registered office since 13-07-2010 · founded in 2010 · group Green Leaf Topco	turnover €9.4m (2025) 0827.868.868
Green Leaf Bidco registered office since 12-10-2022 · founded in 2022 · group Green Leaf Topco	total assets €422.5m (2025) 0789.556.244
Green Leaf Topco registered office since 10-08-2022 · founded in 2022	total assets €346.2m (2025) 0789.532.983
Green Leaf Midco 1 registered office since 10-08-2022 · founded in 2022 · group Green Leaf Topco	total assets €344.8m (2025) 0789.542.386
Green Leaf Midco 2 registered office since 10-08-2022 · founded in 2022 · group Green Leaf Topco	total assets €344.7m (2025) 0789.544.960
Green Leaf Midco 3 registered office since 10-08-2022 · founded in 2022 · group Green Leaf Topco	total assets €344.7m (2025) 0789.547.336
Isolstar Holding registered office since 28-11-2017 · founded in 2017 · group Green Leaf Topco	total assets €240.1m (2025) 0685.428.328
RANDSTAD SERVICES establishment since 01-01-2005 · founded in 2017 · group RANDSTAD GROUP BELGIUM	715 FTE (2025) 0686.849.377

and 7 more

Earlier ties

ISOTRANS via LDB CONSULTING, no longer at ISOTRANS · Director (not named in the articles) · deed of 29-01-2024 founded in 1994	11 FTE (2025)
TECHNICAS via LDB CONSULTING, no longer at TECHNICAS · Director · deed of 29-01-2025 No longer active · founded in 1968 · group Green Leaf Topco	11 FTE (2025)

Holdings and subsidiaries

2 holdings · 19 subsidiaries, including indirect ones

Share, source and own figures per holding (2)

Source for every holding own accounts 2025

Green Leaf Bidcosubsidiary
Equity €318.6m Loss of €7.4m in 2025 (loss of €5.5m in 2024)

100%
Green Leaf Finco S.a.r.lLUsubsidiary
Equity €1.1mResult €491,507

100%

All subsidiaries, including indirect ones 19+

Green Leaf Midco 4 or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.

Green Leaf Bidco 100%17 subsidiaries
- Isolstar Holding 100%16 subsidiaries
  - IPCOM 100%15 subsidiaries
    
    Flexicel Portugal - Unipessoal LdaPT 100%
    Insulcon Gaskets & Insulation VeniceIT 100%
    IPCOM DeutschlandDE 100%
    Ipcom France SASFR 100%
    Ipcom Insulation Solutions España,ES 100%
    IPCOM Italia SrlIT 100%
    IPCOM MIDCO 1 100%
    IPCOM NederlandNL 100%
    IPCOM United Kingdom LimitedGB 100%
    ISOPARTNER BELGIUM 100%
    Skanacid A/SDK 100%
    TECHNICAS 100%
    VERMEERSCH LOGISTICS 100%
    Weiss Isolering A/SDK 100%
    ISOBUILD KORTEMARK consolidated
Green Leaf Finco S.a.r.lLU 100%

The tree shows 19 companies, up to 4 levels deep. There are more. Open a subsidiary's dossier to look further.

Holdings through the years 2022 to 2025

Holdings through the years
Name	2022	2023	2024	2025
Green Leaf Bidco 2022 to 2025: 100%	100%
Green Leaf Finco S.a.r.lLU 2022 to 2025: 100%	100%

Source: list of holdings in its own accounts

Connections & network

9 connected companies

Depth

Shared directors

This company Company Director Shareholding +N: links not shown yet

Linked via shared directors

IPCOM

via LDB CONSULTING · Director · deed of 09-01-2023

Founded in 2010 · turnover €9.4m (2025) · group Green Leaf Topco

→

Green Leaf Midco 1

via LDB CONSULTING · Director · deed of 20-10-2022

Founded in 2022 · total assets €344.8m (2025) · group Green Leaf Topco

→

Green Leaf Midco 2

via LDB CONSULTING · Director · deed of 20-10-2022

Founded in 2022 · total assets €344.7m (2025) · group Green Leaf Topco

→

Isolstar Holding

via LDB CONSULTING · Director · deed of 28-12-2022

Founded in 2017 · total assets €240.1m (2025) · group Green Leaf Topco

→

Show 5 more companies with a shared director

ISOBUILD KORTEMARK

via LDB CONSULTING · Director · deed of 02-10-2023

Founded in 1973 · 14 FTE (2025) · group Green Leaf Topco

→

VERMEERSCH LOGISTICS

via LDB CONSULTING · Director · deed of 02-10-2023

Founded in 2001 · 8.9 FTE (2025) · group Green Leaf Topco

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ISOBUILD VERVIERS

via LDB CONSULTING · Director · deed of 27-09-2019

Founded in 1968 · 27 FTE (2025) · group Green Leaf Topco

→

INSULCON N.V.

via LDB CONSULTING · Director · deed of 28-03-2023

Founded in 1971 · 41 FTE (2025)

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ISOPARTNER BELGIUM

via LDB CONSULTING · Director · deed of 29-09-2025

Founded in 2025

→