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ISOLATIEWERKEN NAESSENS

Active
Private limited companyfounded 2011active for 15 yearsLeenstraat 135, 9870 Zulte, BelgiumKBO/BCE: BE 0836.802.271
Summary

ISOLATIEWERKEN NAESSENS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188,021 and a net result of €10,050. Equity has been stable since 2018 (±1.5% per year). Its solvency ranks better than 95% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 31-05-2011 Normal situation
Activity
Insulation installation NACE 43230
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.199.947.429 9870 Zulte, since 31-05-2011
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€85,990
▲ 8.5%
Turnover
≈ €340,000
estimated
Profit
€10,050
▲ 98.1%
Equity
€188,021
▲ 5.6%
Total assets
€193,325
▲ 2.8%
Employees on 31-12-2025
1
=
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Size: total assets €193,325lowers riskFounded in 2011Equity €188,021 (97.3% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 97.3% of total assets
Liquidity 54-3
short-term debt 2.7% · cash 3.2%
Profitability 50+6
return on assets 5.2%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
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 05-2025highest value 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: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 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 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 36.45 (18.51 in 2024), above the usual 1.5. Short-term debt is 2.7% and cash 3.2% of total assets. 2.7% of the assets are financed with debt and provisions.
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 90% of them on solvency, 50% on liquidity, 24% on profitability and 48% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €193,325
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €188,021 (97.3% of total assets)
NBB · annual accounts
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 days early
2024
34 days early
2023
1 day early
2022
27 days early
2021
11 days early
2020
9 days early
2019
32 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 24 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in specialised constructionsector median 46.7% · 34,946 companies 97.3% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 5 profitable years in a rowprofit 2025: €10,050 5 years View

Recent changes

  1. · Gazette deed Change of role: WN MANAGEMENT & CONSULTANCY, from manager to directorPermanent representative: NAESSENS Steven
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as ISOLATIEWERKEN NAESSENS: insulation installation (NACE 43230). They are comparable in size and age: total assets between €175,000 and €234,000, founded between 2010 and 2014.

CompanyTotal assetsGross margin
ISOLATIEWERKEN NAESSENS Zulte€193,325€85,990
DSJ Herzele€181,461€100,447
VAIO La Louvière€201,040€86,587
LAMI & CO Schaarbeek€187,229€87,226
BRAV EAU Anderlecht€233,922€86,659
ISOLEXT Le Roeulx€224,832€76,889
STE Hamme (Vl.)€175,327€96,115
Full comparison

Key facts about ISOLATIEWERKEN NAESSENS

What is the company number of ISOLATIEWERKEN NAESSENS?
The company number of ISOLATIEWERKEN NAESSENS is 0836.802.271. The VAT number is the same number with BE in front: BE 0836.802.271.
Where is ISOLATIEWERKEN NAESSENS based?
The registered office is at Leenstraat 135, 9870 Zulte.Company details
What does ISOLATIEWERKEN NAESSENS do?
According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of ISOLATIEWERKEN NAESSENS?
The legal form of ISOLATIEWERKEN NAESSENS is Private limited company (BV).
When was ISOLATIEWERKEN NAESSENS founded?
ISOLATIEWERKEN NAESSENS was founded on 31-05-2011.
Is ISOLATIEWERKEN NAESSENS still active?
Yes, ISOLATIEWERKEN NAESSENS is an active enterprise in the KBO register.
How many employees does ISOLATIEWERKEN NAESSENS have?
ISOLATIEWERKEN NAESSENS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ISOLATIEWERKEN NAESSENS fall under?
In its 2025 annual accounts, ISOLATIEWERKEN NAESSENS states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of ISOLATIEWERKEN NAESSENS?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €85,990 and 108 comparable companies (NACE 432). It probably lies between €250,000 and €490,000.
Is ISOLATIEWERKEN NAESSENS profitable?
In financial year 2025, ISOLATIEWERKEN NAESSENS made a profit of €10,050.
Where can I find the annual accounts of ISOLATIEWERKEN NAESSENS?
ISOLATIEWERKEN NAESSENS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ISOLATIEWERKEN NAESSENS due?
ISOLATIEWERKEN NAESSENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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