Equity
€150,964 ▲ 26.1%
ISOFOR has made a profit in every financial year since 2019.
ISOFOR
Lifetime
7 annual accounts with figures on one time axispeak €122,278 (2023)
€109,752▲ 12.3%
peak €47,287 (2023)
€31,260▲ 3.9%
peak €150,964 (2025)
€150,964▲ 26.1%
€219,029▲ 189%
Board1 name since 2018
1 directorFORGET Stany
Documentsfilings and deeds
19-12-202543 days before the deadline
2025micro format
Gross margin from €97,724 to €109,752Equity from €119,704 to €150,964Debts from €75,890 to €219,029Investments €214,320
Key points
from the 2025 annual accountsTurnover
≈ €340,000 estimated
The micro format states no turnover.
Debts
€219,029 ▲ 189%
Debts rose by €143,139 in 2025.
Investments
€214,320 8.9 × depreciation
Green is investment, beige is depreciation.
Staff
1 employees on 30-06-2025
In 2025, nobody joined and 1 person left.
Filings
7 annual accounts since 2019
The last five annual accounts were filed 40 to 43 days before the end of the period.
Checked score
87
Excellent
Financially stronger than 59% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025highest value
02-2026: 0.3%▼ -0.1 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.44, cash €55,444
Equity €150,964 (40.8% of total assets)
Figures for financial year 2025 (filed on 23-12-2025)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 44% of them on solvency, 62% on liquidity, 58% on profitability and 72% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as ISOFOR has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ISOFOR itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for ISOFOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.44 (1.74 in 2024), below the usual 1.5. Short-term debt is 17.4% and cash 15% of total assets. 59.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
43 days early
2024
42 days early
2023
42 days early
2022
41 days early
2021
40 days early
2020
18 days early
2019
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0695683307
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: FORGET Stany (manager) · Reappointment: FORGET Stany (director) · Permanent representative: FORGET Stany · General meeting of 21-12-2023 · Gazette deed
Registered office moved within Libin
New registered office: Rue Baron Coppée 97, 6890 LIBIN · Previous registered office: Place du Centenaire 41, 6890 Libin · General meeting of 12-03-2020 · Gazette deed
First establishment
Rue Baron-Coppée,Ochamps 97, Libin
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ISOFOR Libin | €369,993 | €109,752 | 40.8% | - |
| DIAS SERVICES Woluwe-Saint-Pierre | €389,649 | €124,647 | 42.5% | - |
| Robby Engelbert Zottegem | €306,698 | €107,288 | 55.1% | - |
| ISOCOVER Roosdaal | €336,944 | €101,382 | 94.3% | - |
| VDV Dakconstructie Antwerp | €331,618 | €81,889 | 79.8% | - |
| Cédric Flamey Wingene | €418,020 | €101,873 | 33.5% | - |
| VDK CIS Vosselaar | €311,308 | €75,469 | 69.8% | - |
These companies have the same main activity as ISOFOR: insulation installation (NACE 43230). They are comparable in size and age: total assets between €307,000 and €418,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 03-05-2018Normal situation
- Activity
- Insulation installationNACE 43230and 1 other
- Establishment unit
- 2.275.766.3896890 Libin, since 14-05-2018
- Financial year end
- 30 June
- Peppol
- Reachable since 05-12-2025
Annual accounts to 30-06-2025
- €369,993▲ 89.2%
- Employeeson 30-06-2025
- 1▼ 50.0%
- Filing
- Filed on 19-12-2025, 43 days before the end of the filing period
Insights on ISOFOR
ISOFOR files the micro format. That format states no turnover. The gross margin rose from €14,949 in 2019 to €109,752 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ISOFOR
- What is the company number of ISOFOR?
- The company number of ISOFOR is 0695.683.307. The VAT number is the same number with BE in front: BE 0695.683.307.
- Where is ISOFOR based?
- The registered office is at Rue Baron-Coppée,Ochamps 97, 6890 Libin.Company details
- What does ISOFOR do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of ISOFOR?
- ISOFOR is a private limited company (BV).
- When was ISOFOR founded?
- ISOFOR was founded on 03-05-2018.
- Is ISOFOR still active?
- Yes, ISOFOR is an active enterprise in the KBO register.
- How many employees does ISOFOR have?
- ISOFOR had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ISOFOR?
- The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €109,752 and 86 comparable companies (NACE 432). It probably lies between €270,000 and €410,000.
- Is ISOFOR profitable?
- In financial year 2025, ISOFOR made a profit of €31,260.
- Where can I find the annual accounts of ISOFOR?
- ISOFOR filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ISOFOR due?
- ISOFOR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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