Financials
- Fiscal year
- 2025
- Total assets
- €6.1m
- Loss
- -€308,209
- Solvency
- 67.9%
Turnover▼ 4.5%
Net result
20182023
ISOBUILD VERVIERS
ActiveSummary
ISOBUILD VERVIERS has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.2m and a net result of -€308,209. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 74% of 6016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Wholesale of construction materials, general range
NACE 46831NACE 46731NACE 46732
#6 company by equity in Verviers, Wholesale and retail trade sector2 sites
Size
€6.1mtotal assets 2025
- Staff
- 26.6 FTE
- Equity
- €4.2m
- Loss
- -€308,209
Structure
- Parent
- ISOBUILD KORTEMARK · 100%
- Board
- 2 members
Auditor: EY Réviseurs d'Entreprises SRLAccounts 70 d early
Why 86- Loss of €308,209, the second in a row (FY 2025)- Liquidity: current ratio 2.34, cash €385,640+ Founded in 1968+ Equity €4.2m (67.9% of total assets)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Better than 39% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
93-7
equity 67.9% of total assets
Liquidity
44-3
short-term debt 32.0% · cash 6.3%
Profitability
12-3
return on assets -5.0%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● 0.0% vs 11-2024
01-2025: 0.2%● 0.0% vs 12-2024
02-2025: 0.2%▼ -4.1% vs 01-2025lowest value
03-2025: 0.2%▲ +1.9% vs 02-2025
04-2025: 0.2%▲ +1.9% vs 03-2025
05-2025: 0.2%▲ +5.0% vs 04-2025
06-2025: 0.2%▲ +6.1% vs 05-2025
07-2025: 0.2%● 0.0% vs 06-2025
08-2025: 0.2%● 0.0% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%▼ -2.9% vs 12-2025
02-2026: 0.2%● 0.0% vs 01-2026
03-2026: 0.2%▲ +1.7% vs 02-2026
04-2026: 0.3%▲ +5.8% vs 03-2026
05-2026: 0.3%▲ +5.5% vs 04-2026highest value
06-2026: 0.2%▼ -10.4% vs 05-2026
07-2026: 0.2%● 0.0% vs 06-2026
08-2026: 0.2%● 0.0% vs 07-2026
09-2026: 0.2%● 0.0% vs 08-2026
10-2026: 0.2%● 0.0% vs 09-2026
- Loss of €308,209, the second in a row (FY 2025) raises the probability
- Founded in 1968 lowers the probability for this profile
- Equity €4.2m (67.9% of total assets) lowers the probability
- Liquidity: current ratio 2.34, cash €385,640 raises the probability
Credit up to €350,000 at 30 days acceptable
Liquidity ample (current ratio 2.34 against 3.74 in 2024; short-term debt: 32% and cash: 6.3% of total assets), and 32.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 77%, liquidity 51%, profitability 8%, growth against the median 20%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€308,209
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
73 d early
2023
78 d early
2022
47 d early
2021
18 d early
2020
23 d early
2019
26 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 40 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 22 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Appointment: MERVIN (director)Permanent representative: Daniël Van den…
- Annual accounts filedfiscal year 2025 · full…
- Permanent representative: Elien De GreefState Gazette act
Key points
- Risk: 3 loss-making years in a rowloss fiscal year 2025 -€308,209 View
- Caution: Result fell in 2025from -€173,666 to -€308,209 ▼ 77.5% View
- Caution: Among the weakest 9% on net resultsector median €114,682 · 5,959 companies -€308,209 View
- Caution: Board changedlatest change 11-05-2026 · 2 in office 1 joined · 2 left View
- Controlled by ISOBUILD KORTEMARKultimately: Green Leaf Topco 100% View
- Positive: Always filed on timeaccounts within the deadline every year 6 years View
- Active since 1968founded 01-01-1968 58 years View
By topic
Board & ownership
- Board
- 2 members
- Parent
- ISOBUILD KORTEMARK · 100%
- Auditor
- EY Réviseurs d'Entreprises SRL
Go to Board & ownership
Network & group
- Group
- Green Leaf Topco
- Connected companies
- 5
- Mergers and contributions
- 1
Timeline
- Events
- 34
- Since
- 2006
- Next accounts
- by 31-07-2027
- 16-06-2026Appointment: MERVIN (director)
- 22-05-2026Annual accounts filed
- 22-01-2026Permanent representative: Elien De Greef
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Wholesale of construction materials, general rangeNACE 46831
- Founded
- 01-01-1968
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- La fabrication et la vente de tous produits isolants et de revêtements, toutes industries…
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