ISOBIS
ActiveSummary
The computed 12-month bankruptcy probability of ISOBIS is 3.0% (moderate). The 2024 annual accounts show equity of €45,329 and a net result of €4,270. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 48% of 36381 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability74▲+37
Solvency70▲+10
Growth32=
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.12 in 2023; short-term debt: 33% and cash: 4.6% of total assets), and 55.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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
44.9%
Return on assets
4.2%
Age of the figures
21 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 29-06-2026, 32 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
32 d early
2024
15 d early
2023
27 d late
2022
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 12 days before 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. Usually files around 10 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€45,329▲ 10.4%
2023 · €41,060
Total assets
€100,867▼ 14.0%
2023 · €117,314
Net result
€4,270
2023 · -€11,533
Working capital
€7,435▲ 36.6%
2023 · €5,443
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
Line202220232024
Operating result€48,649--€10,033€5,814
Net result€33,393above the sector's middle half--€11,533below the sector's middle half€4,270within the sector's middle half
Equity€52,593within the sector's middle half-€41,060within the sector's middle half▼ 21.9%€45,329within the sector's middle half▲ 10.4%
Total assets€138,568within the sector's middle half-€117,314within the sector's middle half▼ 15.3%€100,867within the sector's middle half▼ 14.0%
Debt€85,975-€76,254▼ 11.3%€55,538▼ 27.2%
Working capital€17,116within the sector's middle half-€5,443within the sector's middle half▼ 68.2%€7,435within the sector's middle half▲ 36.6%
Solvency38.0%within the sector's middle half-35.0%within the sector's middle half▼ 3.0pp44.9%within the sector's middle half▲ 9.9pp
Current ratio1.33within the sector's middle half-1.12within the sector's middle half▼ 0.211.22within the sector's middle half▲ 0.11
Return on assets (ROA)24.1%above the sector's middle half--9.8%below the sector's middle half▼ 33.9pp4.2%within the sector's middle half▲ 14.1pp
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 returns to profit in 2024: €5,814 after a loss of €10,033 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €99,647
Fixed assets
€58,952 ▼ 8.0%
Current assets
€40,695 ▼ 21.0%
Equity and liabilities €100,867
Equity
€45,329 ▲ 10.4%
Debt
€55,538 ▼ 27.2%
Debt's share of the balance-sheet total falls from 65.0% to 55.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23,640▲
2023 · €6,356
Cash flow
€22,096▲
2023 · €4,856
Quick ratio
1.09▲
2023 · 0.88
Debt to equity
1.23▼
2023 · 1.86
ROE
9.4%▲
2023 · -28.1%
Interest coverage
13.81▲
2023 · 3.68
Debt ≤ 1 year
€33,260▼
2023 · €46,061
Debt > 1 year
€21,323▼
2023 · €29,226
Income taxes
€235▼
2023 · €239
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.3%
went bankrupt
3.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,546 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 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €275 | €3 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,147 | €16,389 | €17,826 | ▲ 8.8% |
| Other operating charges640/8 | €1,916 | €1,491 | €1,158 | ▼ 22.3% |
| Gross operating margin9900 | €61,986 | €7,850 | €24,799 | ▲ 216% |
| Operating profit (loss)9901 | €48,649 | -€10,033 | €5,814 | ▲ 158% |
| Financial income75/76B | €617 | €467 | €403 | ▼ 13.8% |
| Recurring financial income75 | €617 | €467 | €403 | ▼ 13.8% |
| Financial charges65/66B | €1,873 | €1,728 | €1,712 | ▼ 0.9% |
| Recurring financial charges65 | €1,873 | €1,728 | €1,712 | ▼ 0.9% |
| Profit (loss) for the period before taxes9903 | €47,393 | -€11,294 | €4,505 | ▲ 140% |
| Income taxes67/77 | €14,000 | €239 | €235 | ▼ 1.7% |
| Profit (loss) for the period9904 | €33,393 | -€11,533 | €4,270 | ▲ 137% |
| Profit (loss) for the period to be appropriated9905 | €33,393 | -€11,533 | €4,270 | ▲ 137% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €138,568 | €117,314 | €100,867 | ▼ 14.0% |
| Formation expenses20 | €2,280 | €1,750 | €1,220 | ▼ 30.3% |
| Fixed assets21/28 | €67,746 | €64,061 | €58,952 | ▼ 8.0% |
| Intangible fixed assets21 | €16,193 | €26,919 | €35,260 | ▲ 31.0% |
| Tangible fixed assets22/27 | €51,373 | €37,142 | €23,692 | ▼ 36.2% |
| Plant, machinery and equipment23 | €4,422 | €2,454 | €1,267 | ▼ 48.4% |
| Furniture and vehicles24 | €16,965 | €11,598 | €6,232 | ▼ 46.3% |
| Leasing and similar rights25 | €28,690 | €21,934 | €15,178 | ▼ 30.8% |
| Other tangible fixed assets26 | €1,296 | €1,156 | €1,015 | ▼ 12.1% |
| Financial fixed assets28 | €180 | - | - | - |
| Current assets29/58 | €68,543 | €51,503 | €40,695 | ▼ 21.0% |
| Stocks and contracts in progress3 | €13,412 | €11,130 | €4,281 | ▼ 61.5% |
| Stocks30/36 | €13,412 | €11,130 | €4,281 | ▼ 61.5% |
| Amounts receivable within one year40/41 | €21,719 | €25,988 | €28,966 | ▲ 11.5% |
| Trade receivables40 | €21,141 | €16,911 | €20,644 | ▲ 22.1% |
| Other amounts receivable41 | €578 | €9,077 | €8,322 | ▼ 8.3% |
| Cash at bank and in hand54/58 | €30,808 | €14,227 | €4,592 | ▼ 67.7% |
| Deferred charges and accrued income490/1 | €2,605 | €158 | €2,855 | ▲ 1,709% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €138,568 | €117,314 | €100,867 | ▼ 14.0% |
| Equity10/15 | €52,593 | €41,060 | €45,329 | ▲ 10.4% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €30,000 | €30,000 | €30,000 | = |
| Non-distributable reserves130/1 | €30,000 | €30,000 | - | - |
| Other1319 | €30,000 | €30,000 | - | - |
| Distributable reserves133 | - | - | €30,000 | - |
| Profit (loss) carried forward14 | €2,593 | -€8,940 | -€4,671 | ▲ 47.8% |
| Amounts payable17/49 | €85,975 | €76,254 | €55,538 | ▼ 27.2% |
| Amounts payable after more than one year17 | €33,522 | €29,226 | €21,323 | ▼ 27.0% |
| Financial debts170/4 | €20,871 | €16,062 | €11,206 | ▼ 30.2% |
| Other amounts payable178/9 | €12,652 | €13,164 | €10,117 | ▼ 23.1% |
| Amounts payable within one year42/48 | €51,427 | €46,061 | €33,260 | ▼ 27.8% |
| Current portion of amounts payable after more than one year42 | €5,156 | €5,207 | €4,856 | ▼ 6.7% |
| Trade debts44 | €5,421 | €2,697 | €1,092 | ▼ 59.5% |
| Suppliers440/4 | €5,421 | €2,697 | €1,092 | ▼ 59.5% |
| Taxes, remuneration and social security45 | €16,050 | €18,157 | €3,312 | ▼ 81.8% |
| Taxes450/3 | €16,050 | €18,157 | €2,062 | ▼ 88.6% |
| Remuneration and social security454/9 | - | - | €1,250 | - |
| Other amounts payable47/48 | €24,800 | €20,000 | €24,000 | ▲ 20.0% |
| Accrued charges and deferred income492/3 | €1,026 | €967 | €955 | ▼ 1.3% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,393 | -€11,533 | €4,270 | ▲ 137% |
| + Depreciation and write-downs630 | €11,147 | €16,389 | €17,826 | ▲ 8.8% |
| Operating cash flow (approximation) | €44,540 | €4,856 | €22,096 | ▲ 355% |
| Investment in fixed assets (approximation) | - | -€12,704 | -€12,718 | ▼ 0.1% |
| Change in cash | - | -€16,580 | -€9,635 | ▲ 41.9% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4,270
Net result €4,270 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet -€11,533
Net result drops to -€11,533, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Namur · 1 establishment unit since 2022
Ground area
2,741 m²
Building footprint
84 m²
Volume, LiDAR
599 m³
Parcel 92024B0149/00L002, Wallonia · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ISOBIS
since 20222.327.206.677
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92024B0149/00L002 | Wallonia | 2,741 m² | 1 · 84 m² | 8.7 m · 3 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 20,026 companies in sector 43320 we hold annual accounts for 9,139. 7,298 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
Founded03-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
43230Insulation installation
43310Plastering work
43332Laying of wooden floor and wall coverings
43343Specialised construction activities
Contact
E-mail
etsisobis@gmail.com
Phone
+32496925009
E-invoicing
Reachable via Peppol
Peppol ID
0208:0781528703
Also
9925:BE0781528703
Registered
25-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.