Iso - Calor

Active

Public limited companyfounded 196957 yrs activeRue de Maestricht(VIS) 106, 4600 Visé, BelgiumKBO/BCE: BE 0406.501.264

Iso - Calor has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €-514k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 2041 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Watch Print / PDF

Checked score

Score 2025

39 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency27▲+24

Growth52▲+20

Track record100

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days only on tighter terms

Liquidity short (current ratio 0.58 against 0.39 in 2024; short-term debt: 55.6% and cash: 1% of total assets), and 97.9% 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

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

−lowers risk+raises risk○neutral

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 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 →

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate region

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

KBO · registered office

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2041 sector peers (2025).

NBB · sector comparison

Position among 2041 sector peers

Solvency

better than 9%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

18 d early

2024

31 d early

2023

40 d early

2022

11 d early

2021

4 d early

2020

11 d early

2019

8 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 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 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-514k▼ 36.7%

2024 · €-376k

2018: €-189k 2019: €16k 2020: €15k 2021: €37k 2022: €-314k 2023: €24k 2024: €-376k

2018 → 2025

Working capital

€-586k▲ 45.9%

2024 · €-1.08M

2018: €-428k 2019: €-405k 2020: €-110k 2021: €-71k 2022: €-627k 2023: €-658k 2024: €-1.08M

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€103k-€-210k€-187k▲ 11.3%€-563k▼ 201%€52k

Operating result€71k-€-262k€92k€-281k€-433k▼ 54.1%

Net result€37k-€-314k€24k€-376k€-514k▼ 36.7%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €433k in 2025 against €281k in 2024; the loss grows and 2025 has the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €2.49M

67.9%

32.1%

Fixed assets €1.69M▼ 7.3%

Current assets €800k▲ 16.3%

Equity and liabilities €2.49M

97.9%

Equity €52k

Debt €2.44M

Debt finances 97.9% of the balance-sheet total.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-246k▼

2024 · €-98k

Cash flow

€-327k▼

2024 · €-193k

Solvency

2.1%▲

2024 · -22.4%

Current ratio

0.58▲

2024 · 0.39

Quick ratio

0.54▲

2024 · 0.36

Debt / equity

47.16▲

2024 · -5.46

ROE

-994.0%

ROA

-20.6%▼

2024 · -15.0%

Interest coverage

-3.04▼

2024 · -1.03

Debt

€2.44M▼

2024 · €3.07M

Debt ≤ 1 year

€1.39M▼

2024 · €1.77M

Debt > 1 year

€1.05M▼

2024 · €1.27M

Staff costs

€415k▼

2024 · €456k

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€2.51M€2.49M▼

Fixed assets21/28€1.82M€1.69M▼

Tangible fixed assets22/27€1.82M€1.69M▼

Land and buildings22-€17k

Plant, machinery and equipment23€39k€61k▲

Furniture and vehicles24€6k€6k▲

Leasing and similar rights25€1.77M€1.60M▼

Other tangible fixed assets26€9k€8k▼

Financial fixed assets28€297€173▼

Current assets29/58€688k€800k▲

Stocks and contracts in progress3€52k€53k▲

Stocks30/36€52k€53k▲

Amounts receivable within one year40/41€625k€714k▲

Trade receivables40€617k€698k▲

Other amounts receivable41€8k€16k▲

Cash at bank and in hand54/58€3k€26k▲

Deferred charges and accrued income490/1€7k€7k▲

Equity and liabilities

Total equity and liabilities10/49€2.51M€2.49M▼

Equity10/15€-563k€52k▲

Contributions10/11€505k€250k▼

Capital10€505k€250k▼

Issued capital100€505k€250k▼

Reserves13€301k€301k=

Non-distributable reserves130/1€13k€13k=

Legal reserve130€13k€13k=

Tax-exempt reserves132€72k€72k=

Distributable reserves133€216k€216k=

Profit (loss) carried forward14€-1.37M€-499k▲

Amounts payable17/49€3.07M€2.44M▼

Amounts payable after more than one year17€1.27M€1.05M▼

Financial debts170/4€1.27M€1.05M▼

Amounts payable within one year42/48€1.77M€1.39M▼

Current portion of amounts payable after more than one year42€218k€223k▲

Financial debts43€200k€200k=

Credit institutions430/8€200k€200k=

Trade debts44€88k€254k▲

Suppliers440/4€88k€254k▲

Taxes, remuneration and social security45€64k€72k▲

Taxes450/3€5k€6k▲

Remuneration and social security454/9€59k€65k▲

Other amounts payable47/48€1.20M€637k▼

Accrued charges and deferred income492/3€33k€6k▼

Income statement Code20242025

Remuneration, social security and pensions62€456k€415k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183k€187k▲

Other operating charges640/8€3k€3k▲

Gross operating margin9900€361k€172k▼

Operating profit (loss)9901€-281k€-433k▼

Financial income75/76B€132€218▲

Recurring financial income75€132€218▲

Financial charges65/66B€95k€81k▼

Recurring financial charges65€95k€81k▼

Profit (loss) for the period before taxes9903€-376k€-514k▼

Income taxes67/77€42-

Profit (loss) for the period9904€-376k€-514k▼

Profit (loss) for the period to be appropriated9905€-376k€-514k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-1.37M€-1.88M▼

Profit (loss) brought forward from the previous period14P€-992k€-1.37M▼

Transfer from equity791/2-€1.38M

Social balance

Average headcount (FTE)908711.19.8▼

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

13-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

31-12

Financial Weakest financial yearnet €-514k

Net result drops to €-514k, the lowest in the series.

30-06

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

21-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Back to profitnet €24k

Net result €24k after one loss-making year.

20-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

27-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Highest result since 2018net €37k ▲152%

Net result €37k, the highest in the series.

31-12

Financial Equity above €100kEq €103k ▲57%

3 profitable years in a row build equity to €103k.

20-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

23-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

31-12

Financial Back to profitnet €16k

Net result €16k after one loss-making year.

19-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

31-10

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 92 days late

2017

24-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

16 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, Visé · 1 establishment unit since 1969

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.

Rue de Maestricht(VIS) 1064600 Visé

Ground area

5,938 m²

Building footprint

3,902 m²

Volume, LiDAR

34,939 m³