ISO CONSTRUCT
ActiveSummary
ISO CONSTRUCT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59k and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability48▼-39
Solvency54▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.13 in 2023; short-term debt: 23.7% and cash: 4.3% of total assets), and 71% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29%
Return on assets
-4.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
91 d late
2022
60 d late
2021
59 d late
2020
92 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€59k▼ 14.0%
2023 · €68k
2018: €-13klowest in 7 years
2019: €19k▲ +245% vs 2018
2020: €25k▲ +33.7% vs 2019
2021: €12k▼ -53.6% vs 2020
2022: €32k▲ +176% vs 2021
2023: €68k▲ +114% vs 2022highest in 7 years
2024: €59k▼ -14.0% vs 2023
2018 → 2024
Total assets
€202k▼ 19.4%
2023 · €251k
2018: €211k
2019: €206k▼ -2.6% vs 2018
2020: €193k▼ -6.0% vs 2019lowest in 7 years
2021: €253k▲ +30.7% vs 2020highest in 7 years
2022: €229k▼ -9.6% vs 2021
2023: €251k▲ +9.7% vs 2022
2024: €202k▼ -19.4% vs 2023
2018 → 2024
Net result
€-10k
2023 · €36k
2018: €-57klowest in 7 years
2019: €31k▲ +155% vs 2018
2020: €6k▼ -80.1% vs 2019
2021: €-13k▼ -313% vs 2020
2022: €20k▲ +253% vs 2021
2023: €36k▲ +78.1% vs 2022highest in 7 years
2024: €-10k▼ -126% vs 2023
2018 → 2024
Working capital
€12k▲ 19.3%
2023 · €10k
2018: €-54klowest in 7 years
2019: €-9k▲ +83.2% vs 2018
2020: €-2k▲ +80.7% vs 2019
2021: €-46k▼ -2549% vs 2020
2022: €-19k▲ +59.0% vs 2021
2023: €10k▲ +154% vs 2022
2024: €12k▲ +19.3% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€12k▼ 53.6%€32k▲ 176%€68k▲ 114%€59k▼ 14.0%
2020: €25k
2021: €12k▼ -53.6% vs 2020lowest in 5 years
2022: €32k▲ +176% vs 2021
2023: €68k▲ +114% vs 2022highest in 5 years
2024: €59k▼ -14.0% vs 2023
Operating result€13k-€-6k€29k€55k▲ 90.1%€-2k
2020: €13k
2021: €-6k▼ -150% vs 2020lowest in 5 years
2022: €29k▲ +562% vs 2021
2023: €55k▲ +90.1% vs 2022highest in 5 years
2024: €-2k▼ -104% vs 2023
Net result€6k-€-13k€20k€36k▲ 78.1%€-10k
2020: €6k
2021: €-13k▼ -313% vs 2020lowest in 5 years
2022: €20k▲ +253% vs 2021
2023: €36k▲ +78.1% vs 2022highest in 5 years
2024: €-10k▼ -126% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €55k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €202k
Fixed assets
€142k ▼ 13.2%
Current assets
€60k ▼ 31.2%
Equity and liabilities €202k
Equity
€59k ▼ 14.0%
Debt
€143k ▼ 21.5%
Debt's share of the balance-sheet total falls from 72.8% to 71.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23k▼
2023 · €77k
Cash flow
€15k▼
2023 · €58k
Current ratio
1.25▲
2023 · 1.13
Debt to equity
2.44▼
2023 · 2.68
ROE
-16.3%▼
2023 · 53.2%
ROA
-4.7%▼
2023 · 14.5%
Interest coverage
4.23▼
2023 · 12.74
Debt ≤ 1 year
€48k▼
2023 · €77k
Debt > 1 year
€95k▼
2023 · €105k
Income taxes
€2k▼
2023 · €13k
Staff costs
€6k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€251k€202k▼
Fixed assets21/28€163k€142k▼
Tangible fixed assets22/27€162k€141k▼
Land and buildings22€119k€111k▼
Plant, machinery and equipment23-€3k
Furniture and vehicles24€43k€27k▼
Financial fixed assets28€1k€1k▲
Current assets29/58€87k€60k▼
Amounts receivable after more than one year29€49k€48k▼
Other amounts receivable291€49k€48k▼
Amounts receivable within one year40/41€16k€3k▼
Trade receivables40€15k€2k▼
Other amounts receivable41€1k€1k=
Cash at bank and in hand54/58€20k€9k▼
Deferred charges and accrued income490/1€2k€87▼
Equity and liabilities
Total equity and liabilities10/49€251k€202k▼
Equity10/15€68k€59k▼
Contributions10/11€19k€19k=
Reserves13€21k€21k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€11k€11k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€28k€19k▼
Amounts payable17/49€183k€143k▼
Amounts payable after more than one year17€105k€95k▼
Financial debts170/4€105k€95k▼
Amounts payable within one year42/48€77k€48k▼
Current portion of amounts payable after more than one year42€48k€41k▼
Trade debts44€10k€6k▼
Suppliers440/4€10k€6k▼
Taxes, remuneration and social security45€19k€883▼
Taxes450/3€19k€883▼
Other amounts payable47/48€1-
Income statement
Code20232024
Remuneration, social security and pensions62€3k€6k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€25k▲
Other operating charges640/8€3k€10k▲
Gross operating margin9900€82k€39k▼
Operating profit (loss)9901€55k€-2k▼
Financial income75/76B-€59
Recurring financial income75-€59
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€49k€-7k▼
Income taxes67/77€13k€2k▼
Profit (loss) for the period9904€36k€-10k▼
Profit (loss) for the period to be appropriated9905€36k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€19k▼
Profit (loss) brought forward from the previous period14P€-8k€28k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €418 | €1k | €3k | €6k | ▲ 92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €24k | €21k | €21k | €25k | ▲ 17.2% |
| Other operating charges640/8 | - | €7k | €7k | €3k | €10k | ▲ 268% |
| Gross operating margin9900 | €37k | €25k | €58k | €82k | €39k | ▼ 52.7% |
| Operating profit (loss)9901 | €13k | €-6k | €29k | €55k | €-2k | ▼ 104% |
| Financial income75/76B | - | - | - | - | €59 | - |
| Recurring financial income75 | - | - | - | - | €59 | - |
| Financial charges65/66B | - | €7k | €7k | €6k | €5k | ▼ 9.7% |
| Recurring financial charges65 | €6k | €7k | €7k | €6k | €5k | ▼ 9.7% |
| Profit (loss) for the period before taxes9903 | €6k | €-13k | €22k | €49k | €-7k | ▼ 115% |
| Income taxes67/77 | €151 | €264 | €2k | €13k | €2k | ▼ 83.1% |
| Profit (loss) for the period9904 | €6k | €-13k | €20k | €36k | €-10k | ▼ 126% |
| Profit (loss) for the period to be appropriated9905 | €6k | €-13k | €20k | €36k | €-10k | ▼ 126% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €193k | €253k | €229k | €251k | €202k | ▼ 19.4% |
| Fixed assets21/28 | €162k | €183k | €166k | €163k | €142k | ▼ 13.2% |
| Tangible fixed assets22/27 | €161k | €182k | €165k | €162k | €141k | ▼ 13.3% |
| Land and buildings22 | - | €136k | €128k | €119k | €111k | ▼ 7.1% |
| Plant, machinery and equipment23 | - | - | - | - | €3k | - |
| Furniture and vehicles24 | - | €46k | €38k | €43k | €27k | ▼ 37.1% |
| Financial fixed assets28 | €807 | €962 | €1k | €1k | €1k | ▲ 10.0% |
| Current assets29/58 | €32k | €70k | €62k | €87k | €60k | ▼ 31.2% |
| Amounts receivable after more than one year29 | - | - | €49k | €49k | €48k | ▼ 2.1% |
| Other amounts receivable291 | - | - | €49k | €49k | €48k | ▼ 2.1% |
| Amounts receivable within one year40/41 | €24k | €63k | €5k | €16k | €3k | ▼ 81.2% |
| Trade receivables40 | - | €16k | €4k | €15k | €2k | ▼ 87.6% |
| Other amounts receivable41 | - | €48k | €1k | €1k | €1k | = |
| Cash at bank and in hand54/58 | €8k | €2k | €4k | €20k | €9k | ▼ 56.8% |
| Deferred charges and accrued income490/1 | - | €4k | €4k | €2k | €87 | ▼ 95.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €193k | €253k | €229k | €251k | €202k | ▼ 19.4% |
| Equity10/15 | €25k | €12k | €32k | €68k | €59k | ▼ 14.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €21k | €21k | €21k | €21k | €21k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €11k | €11k | €11k | €11k | = |
| Distributable reserves133 | - | €9k | €9k | €9k | €9k | = |
| Profit (loss) carried forward14 | €-15k | €-28k | €-8k | €28k | €19k | ▼ 33.7% |
| Amounts payable17/49 | €169k | €241k | €197k | €183k | €143k | ▼ 21.5% |
| Amounts payable after more than one year17 | €135k | €125k | €115k | €105k | €95k | ▼ 9.5% |
| Financial debts170/4 | - | €125k | €115k | €105k | €95k | ▼ 9.5% |
| Amounts payable within one year42/48 | €33k | €116k | €81k | €77k | €48k | ▼ 37.8% |
| Current portion of amounts payable after more than one year42 | - | €85k | €67k | €48k | €41k | ▼ 14.9% |
| Trade debts44 | €15k | €23k | €8k | €10k | €6k | ▼ 41.2% |
| Suppliers440/4 | - | €23k | €8k | €10k | €6k | ▼ 41.2% |
| Taxes, remuneration and social security45 | - | €8k | €6k | €19k | €883 | ▼ 95.3% |
| Taxes450/3 | - | €8k | €6k | €19k | €883 | ▼ 95.3% |
| Other amounts payable47/48 | - | - | - | €1 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €-13k | €20k | €36k | €-10k | ▼ 126% |
| + Depreciation and write-downs630 | €21k | €24k | €21k | €21k | €25k | ▲ 17.2% |
| Operating cash flow (approximation) | €27k | €10k | €41k | €58k | €15k | ▼ 73.3% |
| Investment in fixed assets (approximation) | - | €-45k | €-4k | €-18k | €-3k | ▲ 81.4% |
| Change in cash | - | €-5k | €2k | €16k | €-11k | ▼ 171% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Highest result since 2018net €36k ▲78.1%
Operating result €55k, net result €36k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 76 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Beauvechain · 1 establishment unit since 2016
Ground area
930 m²
Building footprint
106 m²
Volume, LiDAR
616 m³
Parcel 25038B0097/00W002, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ISO CONSTRUCT
since 20162.251.087.512
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25038B0097/00W002 | Wallonia | 930 m² | 1 · 106 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,178 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43221Plumbing work
43320Joinery installation
43331Floor and wall tiling
43350Other building finishing work
43410Roofing work
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.