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Complete company report
Generated 23-07-2026
Active BE 0803.770.506Private limited company

ISOART

Langemarkseweg 10 ·8904 Ieper, Belgium· 3 yrs active
Sector: NACE 22240 (22240)
Conclusion Checked

The computed 12-month bankruptcy probability of ISOART is 2.1% (moderate). The 2024 annual accounts show equity of €202k and a net result of €202k. Its solvency ranks better than 71% of 40 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €202k
Net result €202k
Better than sector 71%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health86Profitability100Solvency91Growth50Stability79
81 / 100

Exceptional profile, strong across almost every axis.

Health 86
Profitability 100
Solvency 91
Growth 50
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free
2.1% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
86 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 03-04-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 22 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 46.5% 14.3%
better than 71% of 40 sector peers
Net result €202k €507
better than 95% of 40 sector peers
Equity €202k €12k
better than 93% of 40 sector peers
Gross operating margin €340k €33k
better than 90% of 39 sector peers
Total assets €435k €78k
better than 80% of 40 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€340k
Net profit€202k
Cash flow€263k
Staff costs-
Income taxes€61k
Dividends-
Total assets€435k
Equity€202k
Debt€233k
of which ≤ 1y€73k
of which > 1y€153k
Working capital€187k
Employees (FTE)-
Ratios (computed)
2024
Current ratio3.57
Quick ratio3.46
Working capital ratio42.9%
Solvency46.5%
Debt / equity1.15
Long-term debt ratio0.75
Interest coverage21.63
Gross margin-
Net margin-
ROA46.5%
ROE100.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€435k
Fixed assets 21/28€176k
Intangible fixed assets 21€71k
Tangible fixed assets 22/27€105k
Current assets 29/58€259k
Stocks & contracts in progress 3€8k
Amounts receivable within one year 40/41€111k
Cash & bank 54/58€141k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€435k
Equity 10/15€202k
Reserves 13€202k
Amounts payable 17/49€233k
Amounts payable after one year 17€153k
Amounts payable within one year 42/48€73k
Trade debts payable within one year 44€12k
Income statement
Gross operating margin 9900€340k
Operating result 9901€279k
Financial income 75€107
Financial charges 65€16k
Result before taxes 9903€263k
Income taxes 67/77€61k
Net result for the period 9904€202k
Result to be appropriated 9905€202k
Ratios computed by Checked.
Legal Structure
NACE primary 22240
Legal form Private limited company(610)
Incorporation10-07-2023
StatusActive
Postal code8904
Establishment units 1 location
ISOART
Langemarkseweg 10, 8904 IeperVervaardiging van al dan niet isolerende vloer-, wandof plafondbedekking van kunststof, op rollen of in de vorm van tegels, platen, enz.
since 20232.349.040.189
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33003B0815/00S000 Flanders 622 m² 1 · 132 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 1 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
03-04-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van kunststofartikelen voor de bouw22230Vervaardiging van kunststofartikelen voor de bouw22240
Primary activity highlighted.
Names & trade names
Legal nameNL ISOART
Registered office
Langemarkseweg 10 bus A2
8904 Ieper, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative