ISO - TECH BELGIUM
ActiveISO - TECH BELGIUM has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €594k and a net result of €423k. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 286 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency65▼-7
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 2.4 in 2024; short-term debt: 52.9% and cash: 15.9% of total assets), but 60.3% of the assets are financed with debt.
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
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
39.7%
Return on assets
28.3%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · 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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €594k
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
28 d late
2023
20 d late
2022
6 d early
2021
8 d late
2020
53 d early
2019
3 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€423k▲ 22.7%
2024 · €345k
2018: €370k
2019: €222k
2020: €180k
2021: €373k
2022: €314k
2023: €394k
2024: €345k
2018 → 2025
Working capital
€608k▼ 10.6%
2024 · €680k
2018: €750k
2019: €591k
2020: €568k
2021: €645k
2022: €662k
2023: €682k
2024: €680k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€292k-€376k▲ 28.9%€470k▲ 24.9%€591k▲ 25.6%€594k▲ 0.6%
Operating result€442k-€435k▼ 1.6%€560k▲ 28.6%€486k▼ 13.1%€589k▲ 21.1%
Net result€373k-€314k▼ 15.7%€394k▲ 25.3%€345k▼ 12.4%€423k▲ 22.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.50M
Fixed assets
€96k▼ 1.7%
Current assets
€1.40M▲ 20.2%
Equity and liabilities €1.50M
Equity
€594k▲ 0.6%
Debt
€903k▲ 34.2%
The debt ratio rises from 53.3% to 60.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€603k▲
2024 · €500k
Cash flow
€438k▲
2024 · €358k
Solvency
39.7%▼
2024 · 46.7%
Current ratio
1.77▼
2024 · 2.40
Quick ratio
1.16▼
2024 · 1.36
Debt / equity
1.52▲
2024 · 1.14
ROE
71.3%▲
2024 · 58.5%
ROA
28.3%▲
2024 · 27.3%
Interest coverage
17.33▲
2024 · 15.75
Debt
€903k▲
2024 · €673k
Debt ≤ 1 year
€792k▲
2024 · €485k
Debt > 1 year
€110k▼
2024 · €188k
Income taxes
€149k▲
2024 · €119k
Staff costs
€237k▲
2024 · €137k
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€1.26M€1.50M▲
Fixed assets21/28€98k€96k▼
Tangible fixed assets22/27€98k€96k▼
Land and buildings22€24k€24k=
Plant, machinery and equipment23€26k€22k▼
Furniture and vehicles24€24k€29k▲
Leasing and similar rights25-€22k
Other tangible fixed assets26€24k-
Current assets29/58€1.17M€1.40M▲
Stocks and contracts in progress3€507k€484k▼
Stocks30/36€507k€484k▼
Amounts receivable within one year40/41€200k€657k▲
Trade receivables40€181k€657k▲
Other amounts receivable41€19k-
Cash at bank and in hand54/58€450k€238k▼
Deferred charges and accrued income490/1€9k€23k▲
Equity and liabilities
Total equity and liabilities10/49€1.26M€1.50M▲
Equity10/15€591k€594k▲
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€536k€539k▲
Amounts payable17/49€673k€903k▲
Amounts payable after more than one year17€188k€110k▼
Financial debts170/4€188k€110k▼
Amounts payable within one year42/48€485k€792k▲
Current portion of amounts payable after more than one year42€83k€84k▲
Trade debts44€75k€93k▲
Suppliers440/4€75k€93k▲
Taxes, remuneration and social security45€102k€196k▲
Taxes450/3€83k€157k▲
Remuneration and social security454/9€19k€39k▲
Other amounts payable47/48€225k€420k▲
Accrued charges and deferred income492/3-€902
Income statement
Code20242025
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62€137k€237k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€10k
Other operating charges640/8€13k€6k▼
Non-recurring operating charges66A€2k€1k▼
Gross operating margin9900€652k€858k▲
Operating profit (loss)9901€486k€589k▲
Financial income75/76B€10k€19k▲
Recurring financial income75€10k€19k▲
Financial charges65/66B€32k€35k▲
Recurring financial charges65€32k€35k▲
Profit (loss) for the period before taxes9903€464k€573k▲
Income taxes67/77€119k€149k▲
Profit (loss) for the period9904€345k€423k▲
Profit (loss) for the period to be appropriated9905€345k€423k▲
Appropriation of the result
Profit (loss) to be appropriated9906€761k€959k▲
Profit (loss) brought forward from the previous period14P€415k€536k▲
Profit to be distributed694/7€225k€420k▲
Return on contributions (dividend)694€225k€420k▲
Social balance
Average headcount (FTE)90872.83.0▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €423k ▲22.7%
Operating result €589k, net result €423k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Equity above €500kEq €591k ▲25.6%
7 profitable years in a row build equity to €591k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 20 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €180k ▼18.7%
Net result drops to €180k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-05
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
8 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, Fleurus · 1 establishment unit since 2003
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 des Sources(FL) 26220 FleurusGround area
1,728 m²
Building footprint
705 m²
Volume, LiDAR
4,243 m³
Parcel 52021C0318/00N005, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Sources(FL) 2, 6220 Fleurus
since 20032.126.904.944
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021C0318/00N005 | Wallonia | 1,728 m² | 1 · 705 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FIBREFORCE
BE 0425.223.947
Sint-Truiden · Eq €357k
DISS-Europe
BE 0502.444.855
Grobbendonk · Eq €1.19M
TRB INDUSTRIES
BE 0819.640.102
Antwerpen · Eq €1.19M
AKOMO
BE 0458.489.997
Kortrijk · Eq €248k
Angelo Leon
BE 0839.940.024
Laarne · Eq €1.66M
Of 20 companies in sector 23430 we hold annual accounts for 13. 8 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2003
Fiscal year end31-12
Activities, NACEBEL
23430Manufacture of other non-metallic mineral products
46831Wholesale of construction materials, general range
51532
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.