ISO - PERFECT
ActiveSummary
ISO - PERFECT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,495 and a net result of €1,269. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-8
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 5.68 against 7.06 in 2024; short-term debt: 12.8% and cash: 50.3% of total assets), and 17.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.4%
Return on assets
1.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
22 d early
2023
on the day
2022
3 d early
2021
31 d late
2020
31 d late
2019
91 d late
← 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 18 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€94,495▼ 0.5%
2024 · €94,944
Total assets
€114,637▼ 3.3%
2024 · €118,520
Net result
€1,269▼ 85.2%
2024 · €8,592
Working capital
€68,481▲ 12.1%
2024 · €61,108
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,065▼ 53.2%€15,524▲ 652%€9,581▼ 38.3%€14,524▲ 51.6%€2,894▼ 80.1%
Net result€319below the sector's middle half▼ 84.8%€12,563within the sector's middle half▲ 3,843%€5,946within the sector's middle half▼ 52.7%€8,592within the sector's middle half▲ 44.5%€1,269within the sector's middle half▼ 85.2%
Equity€67,843within the sector's middle half▲ 0.5%€80,406within the sector's middle half▲ 18.5%€86,352within the sector's middle half▲ 7.4%€94,944within the sector's middle half▲ 10.0%€94,495within the sector's middle half▼ 0.5%
Total assets€101,150within the sector's middle half▼ 4.4%€154,821within the sector's middle half▲ 53.1%€121,793within the sector's middle half▼ 21.3%€118,520within the sector's middle half▼ 2.7%€114,637within the sector's middle half▼ 3.3%
Debt€33,307▼ 13.1%€74,415▲ 123%€35,441▼ 52.4%€23,576▼ 33.5%€20,142▼ 14.6%
Working capital€48,318▲ 13.4%€42,029▼ 13.0%€48,623▲ 15.7%€61,108▲ 25.7%€68,481▲ 12.1%
Solvency67.1%above the sector's middle half▲ 3.3pp51.9%within the sector's middle half▼ 15.1pp70.9%above the sector's middle half▲ 19.0pp80.1%above the sector's middle half▲ 9.2pp82.4%above the sector's middle half▲ 2.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114,637
Fixed assets
€31,517 ▼ 33.4%
Current assets
€83,120 ▲ 16.8%
Equity and liabilities €114,637
Equity
€94,495 ▼ 0.5%
Debt
€20,142 ▼ 14.6%
Debt's share of the balance-sheet total falls from 19.9% to 17.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€20,568▼
2024 · €31,934
Cash flow
€18,942▼
2024 · €26,002
Current ratio
5.68▼
2024 · 7.06
Quick ratio
5.12▼
2024 · 6.32
Debt to equity
0.21▼
2024 · 0.25
ROE
1.3%▼
2024 · 9.0%
ROA
1.1%▼
2024 · 7.2%
Interest coverage
22.86▲
2024 · 12.90
Debt ≤ 1 year
€14,638▲
2024 · €10,081
Debt > 1 year
€5,410▼
2024 · €13,495
Income taxes
€809▼
2024 · €3,462
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,000 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,983 | €9,515 | €16,268 | €17,410 | €17,673 | ▲ 1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€650 | €0 | - | - |
| Other operating charges640/8 | €681 | €739 | €1,510 | €906 | €779 | ▼ 14.0% |
| Non-recurring operating charges66A | €5,112 | - | - | - | - | - |
| Gross operating margin9900 | €18,842 | €25,778 | €26,709 | €32,839 | €21,346 | ▼ 35.0% |
| Operating profit (loss)9901 | €2,065 | €15,524 | €9,581 | €14,524 | €2,894 | ▼ 80.1% |
| Financial income75/76B | €12 | €312 | €22 | €6 | €83 | ▲ 1,367% |
| Recurring financial income75 | €12 | €312 | €22 | €6 | €83 | ▲ 1,367% |
| Financial charges65/66B | €423 | €1,189 | €1,325 | €2,476 | €900 | ▼ 63.7% |
| Recurring financial charges65 | €423 | €1,189 | €1,325 | €2,476 | €900 | ▼ 63.7% |
| Profit (loss) for the period before taxes9903 | €1,654 | €14,647 | €8,277 | €12,054 | €2,078 | ▼ 82.8% |
| Income taxes67/77 | €1,335 | €2,084 | €2,331 | €3,462 | €809 | ▼ 76.6% |
| Profit (loss) for the period9904 | €319 | €12,563 | €5,946 | €8,592 | €1,269 | ▼ 85.2% |
| Transfer from tax-exempt reserves789 | €4,583 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €4,902 | €12,563 | €5,946 | €8,592 | €1,269 | ▼ 85.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101,150 | €154,821 | €121,793 | €118,520 | €114,637 | ▼ 3.3% |
| Fixed assets21/28 | €33,999 | €68,154 | €59,290 | €47,332 | €31,517 | ▼ 33.4% |
| Tangible fixed assets22/27 | €33,934 | €68,089 | €59,225 | €47,267 | €31,453 | ▼ 33.5% |
| Land and buildings22 | €26,884 | €21,716 | €20,428 | €14,843 | €9,257 | ▼ 37.6% |
| Plant, machinery and equipment23 | €3,823 | €2,533 | €2,745 | €6,484 | €6,217 | ▼ 4.1% |
| Furniture and vehicles24 | €3,227 | €43,840 | €36,052 | €25,940 | €15,979 | ▼ 38.4% |
| Financial fixed assets28 | €65 | €65 | €65 | €65 | €65 | = |
| Current assets29/58 | €67,151 | €86,667 | €62,503 | €71,189 | €83,120 | ▲ 16.8% |
| Stocks and contracts in progress3 | €12,946 | €11,950 | €8,746 | €7,499 | €8,216 | ▲ 9.6% |
| Stocks30/36 | €12,946 | €11,950 | €8,746 | €7,499 | €8,216 | ▲ 9.6% |
| Amounts receivable within one year40/41 | €33,068 | €46,136 | €22,212 | €7,452 | €13,051 | ▲ 75.1% |
| Trade receivables40 | €31,739 | €46,107 | €20,666 | €5,473 | €9,603 | ▲ 75.4% |
| Other amounts receivable41 | €1,330 | €29 | €1,546 | €1,979 | €3,448 | ▲ 74.3% |
| Cash at bank and in hand54/58 | €19,936 | €24,457 | €29,958 | €54,394 | €57,611 | ▲ 5.9% |
| Deferred charges and accrued income490/1 | €1,200 | €4,124 | €1,587 | €1,843 | €4,242 | ▲ 130% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101,150 | €154,821 | €121,793 | €118,520 | €114,637 | ▼ 3.3% |
| Equity10/15 | €67,843 | €80,406 | €86,352 | €94,944 | €94,495 | ▼ 0.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €49,177 | €61,740 | €67,686 | €76,278 | €75,903 | ▼ 0.5% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €0 | ▼ 100% |
| Distributable reserves133 | €47,318 | €59,881 | €65,827 | €74,419 | €75,903 | ▲ 2.0% |
| Profit (loss) carried forward14 | €74 | €74 | €74 | €74 | €0 | ▼ 100% |
| Amounts payable17/49 | €33,307 | €74,415 | €35,441 | €23,576 | €20,142 | ▼ 14.6% |
| Amounts payable after more than one year17 | €14,073 | €29,114 | €21,399 | €13,495 | €5,410 | ▼ 59.9% |
| Financial debts170/4 | €14,073 | €29,114 | €21,399 | €13,495 | €5,410 | ▼ 59.9% |
| Amounts payable within one year42/48 | €18,833 | €44,638 | €13,881 | €10,081 | €14,638 | ▲ 45.2% |
| Current portion of amounts payable after more than one year42 | €3,024 | €7,532 | €7,715 | €7,904 | €8,091 | ▲ 2.4% |
| Trade debts44 | €2,594 | €23,681 | €2,983 | €2,149 | €2,309 | ▲ 7.5% |
| Suppliers440/4 | €2,594 | €23,681 | €2,983 | €2,149 | €2,309 | ▲ 7.5% |
| Taxes, remuneration and social security45 | €1,685 | €6,611 | €1,153 | €0 | €1,303 | - |
| Taxes450/3 | €1,685 | €4,361 | €1,153 | €0 | €1,303 | - |
| Remuneration and social security454/9 | - | €2,250 | €0 | - | - | - |
| Other amounts payable47/48 | €11,531 | €6,814 | €2,029 | €29 | €2,935 | ▲ 10,149% |
| Accrued charges and deferred income492/3 | €401 | €663 | €161 | €0 | €94 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €319 | €12,563 | €5,946 | €8,592 | €1,269 | ▼ 85.2% |
| + Depreciation and write-downs630 | €10,983 | €9,515 | €16,268 | €17,410 | €17,673 | ▲ 1.5% |
| Operating cash flow (approximation) | €11,302 | €22,078 | €22,214 | €26,002 | €18,942 | ▼ 27.2% |
| Investment in fixed assets (approximation) | - | -€43,670 | -€7,404 | -€5,452 | -€1,859 | ▲ 65.9% |
| Change in cash | - | €4,521 | €5,501 | €24,436 | €3,217 | ▼ 86.8% |
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 4.50
Current ratio from 1.94 to 4.50; short-term debt falls from €44,638 to €13,881.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €12,563 ▲3,843%
Operating result €15,524, net result €12,563, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €79 ▼98.7%
Net result drops to €79, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Wortegem-Petegem · 1 establishment unit since 1996
Ground area
1,675 m²
Building footprint
182 m²
Volume, LiDAR
949 m³
Parcel 45025C0213/00E000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Deinzestraat(O.) 94, 9790 Wortegem-Petegem
since 19962.076.856.409
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45025C0213/00E000 | Flanders | 1,675 m² | 1 · 182 m² | 7.2 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 20,025 companies in sector 43320 we hold annual accounts for 9,138. 7,698 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
Founded24-04-1996
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457914828
Also
9925:BE0457914828
Registered
29-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.