Iso Fen

Active

Private limited companyfounded 2017active for 9 yearsBoerendijk 38, 2180 Antwerpen, BelgiumKBO/BCE: BE 0678.572.408

Summary

Iso Fen has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,044 and a net result of €7,075. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 73% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

Iso FenActiveChecked score 86/100

Risk analysis Report Compare

Activity

Insulation installation

NACE 43230

2 sites

Size

€113,245total assets 2025

Equity: €77,044
Profit: €7,075

Turnover not published (micro format)

Financial health

86 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

2025 accounts 58 days early1 of 3 deeds summarised

Why 86raises riskSize: total assets €113,245Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.04, cash €20,377Equity €77,044 (68.0% of total assets)Show the evidence

Checked score

Score 2025

86 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 52% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 93+26

equity 68.0% of total assets

Liquidity 59+21

short-term debt 32.0% · cash 18.0%

Profitability 43-1

return on assets 6.2%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024highest value 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.6%▼ -0.2 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.5%▼ -0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.04, compared with 1.74 in 2024, above the usual 1.5; short-term debt: 32% and cash: 18% of total assets), and 32% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 74% on solvency, 56% on liquidity, 21% on profitability and 55% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 3.04, cash €20,377

NBB · annual accounts

Size: total assets €113,245

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €77,044 (68.0% of total assets)

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1920212223232425

2019 to 2025 · latest year €77,044

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

58 days early

2024

43 days early

2023

34 days early

2023

56 days early

2022

24 days early

2021

18 days early

2020

4 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

03-06-2026 Annual accounts filedfinancial year 2025 · micro…
18-06-2025 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Weakest financial yearnet €3,433 ▼57.2%

Key points

Positive: Always filed on timeaccounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €7,075 8 years View
Total assets 20256 financial years filed €113,245 View

By topic

Financials

Financial year: 2025
Total assets: €113,245
Profit: €7,075
Solvency: 68.0%

Total assets▼ 31.7%

Net result

20192025

Go to Financials

Timeline

Events: 12
Since: 2019
Next accounts: by 31-07-2027

27-06-2024Annual accounts filed
13-12-2023Resignation: MEHMET Emin Yusuf (director)
05-09-2023Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Insulation installationNACE 43230
Founded: 13-07-2017
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 18

Annual meeting: First Tuesday of June at 18:00
Purpose: “Invoer en uitvoer in ruime zin; handelsbemiddeling, import en export van en groot- en…” (deed in Dutch)
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about Iso Fen

What is the company number of Iso Fen?: 0678.572.408. In Belgium the VAT number is the company number with BE in front: BE 0678.572.408.
Where is Iso Fen based?: The registered office is at Boerendijk 38, 2180 Antwerpen.Company details
What does Iso Fen do?: According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of Iso Fen?: Private limited company (BV).
When was Iso Fen founded?: On 13-07-2017.
Is Iso Fen still active?: Yes, Iso Fen is an active enterprise in the KBO register.
How many employees does Iso Fen have?: On average 0.7 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of Iso Fen?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Iso Fen profitable?: In financial year 2025, Iso Fen made a profit of €7,075.
Where can I find the annual accounts of Iso Fen?: Iso Fen filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Iso Fen due?: By 31-07-2027, for financial year 2026.Timeline