INSULA
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 09-01-2026 PDF all 19 filings
Turnover
≈ €130,000
Estimated: probably between €82,000 and €170,000
Total assets
€5.3m▼ 6.2%
2024 · €5.6m
Net result
-€4,077▲ 93.6%
2024 · -€63,487
Working capital
€373,179▼ 5.0%
2024 · €392,892
In the rankings
#7 company by equity in Wemmel, Real estate sector
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a profit of €21,888, after a loss of €47,659 in 2024.
Operating result€0.02m
2025
Net result-€0.004m
2025
Total assets€5.3m
2025
Equity€3.5m
2025
Debt€1.7m
2025
Working capital€0.4m
2025
Return on assets (ROA)-0.1%
2025
Solvency67.2%
2025
Current ratio1.34
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.01m▼ 93.4%€0.04m▲ 188%-€0.03m€0.04m-€0.05m€0.02m
Net result€0.2m-€0.005mwithin the sector's middle half▼ 97.1%€0.02mwithin the sector's middle half▲ 240%-€0.04mbelow the sector's middle half€0.01mwithin the sector's middle half-€0.06mbelow the sector's middle half-€0.004mwithin the sector's middle half▲ 93.6%
Equity€3.6m-€3.6mabove the sector's middle half▲ 0.2%€3.6mabove the sector's middle half▲ 0.5%€3.6mabove the sector's middle half▼ 1.1%€3.6mabove the sector's middle half▲ 0.4%€3.5mabove the sector's middle half▼ 1.8%€3.5mabove the sector's middle half▼ 0.1%
Total assets€4.0m-€4.0mwithin the sector's middle half▼ 0.6%€4.0mwithin the sector's middle half=€5.6mabove the sector's middle half▲ 42.6%€7.2mabove the sector's middle half▲ 27.7%€5.6mabove the sector's middle half▼ 22.0%€5.3mabove the sector's middle half▼ 6.2%
Debt€0.4m-€0.3m▼ 7.7%€0.3m▼ 5.9%€2.0m▲ 531%€3.6m▲ 75.6%€2.1m▼ 42.3%€1.7m▼ 16.6%
Working capital-€0.1m--€0.07mwithin the sector's middle half▲ 26.5%-€0.08mwithin the sector's middle half▼ 13.0%-€0.6mbelow the sector's middle half▼ 671%-€1.7mbelow the sector's middle half▼ 180%€0.4mwithin the sector's middle half€0.4mwithin the sector's middle half▼ 5.0%
Solvency90.6%-91.3%above the sector's middle half▲ 0.7pp91.8%above the sector's middle half▲ 0.5pp63.7%within the sector's middle half▼ 28.1pp50.1%within the sector's middle half▼ 13.6pp63.1%within the sector's middle half▲ 13.0pp67.2%above the sector's middle half▲ 4.1pp
Current ratio0.10-0.21below the sector's middle half▲ 0.120.18below the sector's middle half▼ 0.030.48within the sector's middle half▲ 0.300.37below the sector's middle half▼ 0.111.28within the sector's middle half▲ 0.911.34within the sector's middle half▲ 0.06
Return on assets (ROA)4.6%-0.1%within the sector's middle half▼ 4.5pp0.5%within the sector's middle half▲ 0.3pp-0.7%within the sector's middle half▼ 1.2pp0.2%within the sector's middle half▲ 0.9pp-1.1%within the sector's middle half▼ 1.3pp-0.1%within the sector's middle half▲ 1.1pp
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.3m
Fixed assets
€3.8m ▼ 0.9%
Current assets
€1.5m ▼ 17.6%
Equity and liabilities €5.3m
Equity
€3.5m ▼ 0.1%
Debt
€1.7m ▼ 16.6%
Debt's share of the balance-sheet total falls from 36.9% to 32.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€56,340▲
2024 · -€11,140
Cash flow
€30,375▲
2024 · -€26,969
Debt to equity
0.49▼
2024 · 0.59
ROE
-0.1%▲
2024 · -1.8%
Interest coverage
1.12▲
2024 · -0.28
Debt ≤ 1 year
€1.1m▼
2024 · €1.4m
Debt > 1 year
€636,549▼
2024 · €686,637
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Financial fixed assets | €1.2m | €1.2m | - | - |
| Depreciation and write-downs of the year | €36,518 | €36,518 | €36,518 | €34,452 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as INSULA: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €4.4m and €6m, founded between 2000 and 2007.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| INSULA Wemmel | 2006 | €5.3m | €3.5m | €0.06m | - | -€0.004m | - | 2025 |
| CAMELOT REAL ESTATE Antwerpen | 2005 | €5.3m | €2.2m | €0.08m | - | -€0.02m | 1 | 2025 |
| IMMO TERRY Brugge | 2004 | €4.4m | €0.9m | €0.05m | - | -€0.07m | - | 2025 |
| Immobilière du Pouhon La Roche-en-Ardenne | 2007 | €5.3m | €1.2m | €0.09m | €0.2m | €0.05m | - | 2025 |
| BANYAN STRATEGY CONSULTING Watermaal-Bosvoorde | 2000 | €5.6m | €0.6m | €0.07m | - | -€0.1m | 0 | 2025 |
| UMA INVEST Aalter | 2003 | €4.6m | €4.5m | €0.04m | - | -€0.006m | 0 | 2025 |
| WINT-INVEST Lommel | 2005 | €6.0m | €5.6m | €0.1m | - | €1.8m | - | 2025 |
They were chosen from the 7,156 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,053 | €35,053 | €37,753 | €36,518 | €36,518 | €36,518 | €34,452 | ▼ 5.7% |
| Other operating charges640/8 | - | - | - | €4,560 | €3,331 | €4,317 | €5,711 | ▲ 32.3% |
| Gross operating margin9900 | €230,841 | €50,988 | €77,195 | €9,239 | €77,750 | -€6,824 | €62,051 | - |
| Operating profit (loss)9901 | €194,051 | €12,898 | €37,181 | -€31,839 | €37,901 | -€47,659 | €21,888 | - |
| Financial income75/76B | - | - | - | - | - | €23,972 | €24,118 | ▲ 0.6% |
| Recurring financial income75 | - | - | - | - | - | €23,972 | €24,118 | ▲ 0.6% |
| Financial charges65/66B | - | - | - | €7,419 | €24,305 | €39,800 | €50,082 | ▲ 25.8% |
| Recurring financial charges65 | €5,634 | €4,960 | €4,405 | €7,419 | €24,305 | €39,800 | €50,082 | ▲ 25.8% |
| Profit (loss) for the period before taxes9903 | €188,417 | €7,938 | €25,217 | -€39,258 | €13,596 | -€63,487 | -€4,077 | ▲ 93.6% |
| Income taxes67/77 | €3,637 | €2,507 | €6,730 | - | - | - | - | - |
| Profit (loss) for the period9904 | €184,780 | €5,431 | €18,487 | -€39,258 | €13,596 | -€63,487 | -€4,077 | ▲ 93.6% |
| Profit (loss) for the period to be appropriated9905 | €184,780 | €5,431 | €18,487 | -€39,258 | €13,596 | -€63,487 | -€4,077 | ▲ 93.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €4.0m | €4.0m | €4.0m | €5.6m | €7.2m | €5.6m | €5.3m | ▼ 6.2% |
| Fixed assets21/28 | €4.0m | €3.9m | €3.9m | €5.1m | €6.2m | €3.8m | €3.8m | ▼ 0.9% |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 10.0% |
| Land and buildings22 | - | - | - | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 10.0% |
| Furniture and vehicles24 | - | - | - | €0.006m | €0.004m | €0.002m | €0.002m | ▼ 14.3% |
| Financial fixed assets28 | €3.5m | €3.5m | €3.5m | €4.6m | €5.8m | €3.5m | €3.5m | = |
| Current assets29/58 | €0.01m | €0.02m | €0.02m | €0.6m | €1.0m | €1.8m | €1.5m | ▼ 17.6% |
| Amounts receivable within one year40/41 | €0.001m | €0.001m | €0.001m | €0.6m | €1.0m | €1.8m | €1.5m | ▼ 17.2% |
| Trade receivables40 | - | - | - | €0.003m | €0.05m | €0.1m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.6m | €1.0m | €1.6m | €1.5m | ▼ 10.0% |
| Cash at bank and in hand54/58 | €0.009m | €0.02m | €0.02m | - | €0.005m | €0.008m | €25 | ▼ 99.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €4.0m | €4.0m | €4.0m | €5.6m | €7.2m | €5.6m | €5.3m | ▼ 6.2% |
| Equity10/15 | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | €3.5m | €3.5m | ▼ 0.1% |
| Contributions10/11 | €0.9m | €0.9m | - | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Reserves13 | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Non-distributable reserves130/1 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Reserves not available under the articles1311 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Profit (loss) carried forward14 | €2.7m | €2.7m | €2.7m | €2.6m | €2.7m | €2.6m | €2.6m | ▼ 0.2% |
| Amounts payable17/49 | €0.4m | €0.3m | €0.3m | €2.0m | €3.6m | €2.1m | €1.7m | ▼ 16.6% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | €0.2m | €0.8m | €0.8m | €0.7m | €0.6m | ▼ 7.3% |
| Financial debts170/4 | - | - | - | €0.8m | €0.8m | €0.7m | €0.6m | ▼ 7.3% |
| Amounts payable within one year42/48 | €0.1m | €0.09m | €0.1m | €1.2m | €2.7m | €1.4m | €1.1m | ▼ 21.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €1.0m | €0.05m | €0.05m | ▲ 2.4% |
| Financial debts43 | - | - | - | €0.2m | €0 | €0.3m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €0.2m | €0 | €0.3m | €0 | ▼ 100% |
| Trade debts44 | €0.03m | €0.03m | €0.03m | €0.03m | €0.3m | €0.002m | €0.004m | ▲ 82.2% |
| Suppliers440/4 | - | - | - | €0.03m | €0.3m | €0.002m | €0.004m | ▲ 82.2% |
| Taxes, remuneration and social security45 | - | - | - | - | €8 | €0.02m | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | - | €8 | €0.02m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €1.0m | €1.4m | €1.1m | €1.0m | ▼ 2.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.005m | €0.02m | -€0.04m | €0.01m | -€0.06m | -€0.004m | ▲ 93.6% |
| + Depreciation and write-downs630 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.03m | ▼ 5.7% |
| Operating cash flow (approximation) | €0.2m | €0.04m | €0.06m | -€0.003m | €0.05m | -€0.03m | €0.03m | - |
| Investment in fixed assets (approximation) | - | -€0.003m | -€0.04m | -€1.2m | -€1.2m | €2.3m | €0 | ▼ 100% |
| Change in cash | - | €0.009m | -€0.002m | - | - | €0.003m | -€0.008m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 09-01-2026 | 2026-00006335 | |
| 30-06-2024 | abbreviated format | 29-01-2025 | 2025-00016958 | |
| 30-06-2023 | abbreviated format | 30-01-2024 | 2024-00026411 | |
| 30-06-2022 | micro format | 10-02-2023 | 2023-00026112 | |
| 30-06-2021 | abbreviated format | 25-01-2022 | 2022-01600183 | |
| 30-06-2020 | abbreviated format | 25-01-2021 | 2021-01500123 | |
| 30-06-2019 | abbreviated format | 14-11-2019 | 2019-73700571 | |
| 30-06-2018 | abbreviated format | 14-11-2018 | 2018-72000558 | |
| 30-06-2017 | abbreviated format | 29-11-2017 | 2017-70400462 | |
| 30-06-2016 | abbreviated format | 06-12-2016 | 2016-69300010 |