ISOLAO
ActiveSummary
ISOLAO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143,031 and a net result of €46,526. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 73% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+9
Solvency94▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 2.94 against 2.16 in 2024; short-term debt: 25.9% and cash: 60.9% of total assets), and 31.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
68.7%
Return on assets
22.4%
Age of the figures
9 mo
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
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
8 d early
2023
on the day
2022
17 d early
2021
1 d early
2020
24 d late
2019
45 d early
← 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 6 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€46,526▲ 57.6%
2024 · €29,524
Working capital
€104,508▲ 40.3%
2024 · €74,513
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,957€667▼ 83.1%€3,137▲ 370%€39,399▲ 1,156%€73,491▲ 86.5%
Net result€3,411▲ 1,303%€1,852▼ 45.7%€2,854▲ 54.1%€29,524▲ 934%€46,526▲ 57.6%
Equity€62,274▲ 5.8%€64,127▲ 3.0%€66,981▲ 4.5%€96,505▲ 44.1%€143,031▲ 48.2%
Total assets€162,851▼ 22.4%€137,483▼ 15.6%€138,162▲ 0.5%€190,847▲ 38.1%€208,055▲ 9.0%
Debt€100,577▼ 33.3%€73,357▼ 27.1%€71,181▼ 3.0%€94,342▲ 32.5%€65,023▼ 31.1%
Working capital€33,374▼ 24.2%€53,725▲ 61.0%€25,258▼ 53.0%€74,513▲ 195%€104,508▲ 40.3%
Staff (FTE)3▼ 9.1%1.2▼ 60.0%0.9▼ 25.0%4.3▲ 378%8.1▲ 88.4%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 87% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €208,055
Fixed assets
€49,718 ▼ 4.8%
Current assets
€158,337 ▲ 14.2%
Equity and liabilities €208,055
Equity
€143,031 ▲ 48.2%
Debt
€65,023 ▼ 31.1%
Debt's share of the balance-sheet total falls from 49.4% to 31.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95,591▲
2024 · €51,891
Cash flow
€68,626▲
2024 · €42,016
Current ratio
2.94▲
2024 · 2.16
Debt to equity
0.45▼
2024 · 0.98
ROE
32.5%▲
2024 · 30.6%
ROA
22.4%▲
2024 · 15.5%
Interest coverage
12.16▲
2024 · 11.82
Debt ≤ 1 year
€53,829▼
2024 · €64,095
Debt > 1 year
€11,194▼
2024 · €28,700
Income taxes
€25,091▲
2024 · €10,463
Staff costs
€396,498▲
2024 · €211,131
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
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: 0.9% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 34,672 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,661 | €0 | €17,906 | €3,461 | ▼ 80.7% |
| Remuneration, social security and pensions62 | €147,991 | €63,988 | €32,008 | €211,131 | €396,498 | ▲ 87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,234 | €11,479 | €15,739 | €12,492 | €22,100 | ▲ 76.9% |
| Other operating charges640/8 | €2,364 | €3,868 | €10,864 | €5,152 | €16,205 | ▲ 215% |
| Non-recurring operating charges66A | €3,074 | €5,965 | €0 | €10,869 | - | - |
| Gross operating margin9900 | €177,620 | €85,967 | €61,747 | €279,044 | €508,294 | ▲ 82.2% |
| Operating profit (loss)9901 | €3,957 | €667 | €3,137 | €39,399 | €73,491 | ▲ 86.5% |
| Financial income75/76B | €1,043 | €2,380 | €2,308 | €4,979 | €5,988 | ▲ 20.3% |
| Recurring financial income75 | €1,043 | €2,380 | €2,308 | €4,979 | €5,988 | ▲ 20.3% |
| Financial charges65/66B | €1,589 | €1,194 | €2,392 | €4,391 | €7,862 | ▲ 79.0% |
| Recurring financial charges65 | €1,589 | €1,194 | €2,392 | €4,391 | €7,862 | ▲ 79.0% |
| Profit (loss) for the period before taxes9903 | €3,411 | €1,852 | €3,053 | €39,987 | €71,618 | ▲ 79.1% |
| Income taxes67/77 | - | - | €199 | €10,463 | €25,091 | ▲ 140% |
| Profit (loss) for the period9904 | €3,411 | €1,852 | €2,854 | €29,524 | €46,526 | ▲ 57.6% |
| Profit (loss) for the period to be appropriated9905 | €3,411 | €1,852 | €2,854 | €29,524 | €46,526 | ▲ 57.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162,851 | €137,483 | €138,162 | €190,847 | €208,055 | ▲ 9.0% |
| Fixed assets21/28 | €47,818 | €22,092 | €60,364 | €52,240 | €49,718 | ▼ 4.8% |
| Tangible fixed assets22/27 | €47,068 | €21,342 | €55,864 | €45,562 | €43,040 | ▼ 5.5% |
| Plant, machinery and equipment23 | €0 | - | - | €2,003 | €8,151 | ▲ 307% |
| Furniture and vehicles24 | €47,068 | €21,342 | €55,864 | €43,559 | €34,888 | ▼ 19.9% |
| Financial fixed assets28 | €750 | €750 | €4,500 | €6,678 | €6,678 | = |
| Current assets29/58 | €115,033 | €115,391 | €77,797 | €138,608 | €158,337 | ▲ 14.2% |
| Stocks and contracts in progress3 | €34,368 | €42,790 | €35,954 | €6,719 | - | - |
| Stocks30/36 | €8,857 | €13,099 | €10,477 | €5,468 | - | - |
| Contracts in progress37 | €25,511 | €29,691 | €25,477 | €1,251 | - | - |
| Amounts receivable within one year40/41 | €70,525 | €65,478 | €25,087 | €48,428 | €31,675 | ▼ 34.6% |
| Trade receivables40 | €56,672 | €28,681 | €0 | €13,576 | €15,611 | ▲ 15.0% |
| Other amounts receivable41 | €13,853 | €36,797 | €25,087 | €34,853 | €16,064 | ▼ 53.9% |
| Cash at bank and in hand54/58 | €8,806 | €5,417 | €11,457 | €82,653 | €126,662 | ▲ 53.2% |
| Deferred charges and accrued income490/1 | €1,334 | €1,707 | €5,299 | €807 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162,851 | €137,483 | €138,162 | €190,847 | €208,055 | ▲ 9.0% |
| Equity10/15 | €62,274 | €64,127 | €66,981 | €96,505 | €143,031 | ▲ 48.2% |
| Contributions10/11 | €6,300 | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Reserves13 | €46,860 | €46,860 | €56,860 | €86,384 | €132,910 | ▲ 53.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €45,000 | €45,000 | €56,860 | €86,384 | €132,910 | ▲ 53.9% |
| Profit (loss) carried forward14 | €9,114 | €10,967 | €3,821 | €3,821 | €3,821 | = |
| Amounts payable17/49 | €100,577 | €73,357 | €71,181 | €94,342 | €65,023 | ▼ 31.1% |
| Amounts payable after more than one year17 | €18,918 | €11,690 | €18,466 | €28,700 | €11,194 | ▼ 61.0% |
| Financial debts170/4 | €18,918 | €11,690 | €18,466 | €28,700 | €11,194 | ▼ 61.0% |
| Amounts payable within one year42/48 | €81,659 | €61,666 | €52,539 | €64,095 | €53,829 | ▼ 16.0% |
| Current portion of amounts payable after more than one year42 | €13,791 | €7,228 | €7,861 | €17,929 | €13,992 | ▼ 22.0% |
| Financial debts43 | - | - | - | - | €27 | - |
| Credit institutions430/8 | - | - | - | - | €27 | - |
| Trade debts44 | €52,788 | €40,592 | €14,686 | €25,055 | €18,952 | ▼ 24.4% |
| Suppliers440/4 | €52,788 | €40,592 | €14,686 | €25,055 | €18,952 | ▼ 24.4% |
| Taxes, remuneration and social security45 | €14,280 | €13,047 | €12,854 | €6,585 | €20,858 | ▲ 217% |
| Taxes450/3 | €5,633 | €5,633 | €10,332 | €6,585 | €15,658 | ▲ 138% |
| Remuneration and social security454/9 | €8,648 | €7,415 | €2,522 | €0 | €5,200 | - |
| Other amounts payable47/48 | €800 | €800 | €17,138 | €14,526 | - | - |
| Accrued charges and deferred income492/3 | €0 | - | €176 | €1,547 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,411 | €1,852 | €2,854 | €29,524 | €46,526 | ▲ 57.6% |
| + Depreciation and write-downs630 | €20,234 | €11,479 | €15,739 | €12,492 | €22,100 | ▲ 76.9% |
| Operating cash flow (approximation) | €23,645 | €13,331 | €18,593 | €42,016 | €68,626 | ▲ 63.3% |
| Investment in fixed assets (approximation) | - | €14,247 | -€54,011 | -€4,368 | -€19,578 | ▼ 348% |
| Change in cash | - | -€3,389 | €6,041 | €71,196 | €44,008 | ▼ 38.2% |
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
09-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, approbation de la modification de siège social, 28-08-2026
- Registered-office move, Allée Poulain 21, boite 31 1400 NIVELLES
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Highest result since 2018net €46,526 ▲57.6%
Operating result €73,491, net result €46,526, both a record.
31-12
Financial
Equity above €100,000Eq €143,031 ▲48.2%
8 profitable years in a row build equity to €143,031.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €243 ▼96.2%
Net result drops to €243, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2013
Ground area
3.2 ha
Building footprint
7,329 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue de l'Industrie 22 A, 1400 Nivelles
since 20132.215.606.692
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25783E0375/00A002 | Wallonia | 2.0 ha | - | - |
| 25782C0669/00L000 | Wallonia | 1.2 ha | 1 · 7,329 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesISOLAO SRL44836
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BEAUMONT WIM
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Of 8,574 companies in sector 43410 we hold annual accounts for 4,367. 3,772 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
Founded07-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43331Floor and wall tiling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0508947221
Registered
15-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.