ISOLBLOW
ActiveSummary
ISOLBLOW has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €769k and a net result of €365k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▼-1
Solvency70=
Growth51=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.76 in 2024; short-term debt: 40.7% and cash: 43.7% of total assets), but 55.3% of the assets are financed with debt.
Credit check for your own amount and term
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
44.7%
Return on assets
21.2%
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €769k
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
6 d early
2023
65 d early
2022
28 d early
2021
22 d late
2020
41 d early
2019
33 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€1.76M▲ 1.3%
2018 · €1.73M
EBIT margin
10.7%▲ 0.9pp
2018 · 9.8%
Net result
€365k▲ 15.5%
2024 · €316k
Working capital
€643k▲ 23.2%
2024 · €522k
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
Turnover
Operating result€-4k€258k€693k▲ 169%€430k▼ 37.9%€506k▲ 17.6%
Net result€27k▼ 79.2%€188k▲ 606%€591k▲ 214%€316k▼ 46.6%€365k▲ 15.5%
EBIT margin
Equity€577k▼ 67.3%€398k▼ 31.0%€489k▲ 22.8%€654k▲ 33.9%€769k▲ 17.5%
Total assets€821k▼ 60.0%€862k▲ 5.1%€1.42M▲ 64.4%€1.47M▲ 3.4%€1.72M▲ 17.5%
Debt€194k▼ 47.6%€415k▲ 113%€880k▲ 112%€762k▼ 13.4%€903k▲ 18.6%
Working capital€526k▼ 62.9%€353k▼ 33.0%€376k▲ 6.7%€522k▲ 38.7%€643k▲ 23.2%
Staff (FTE)7.9▼ 7.1%9.6▲ 21.5%9.5▼ 1.0%9.7▲ 2.1%7.7▼ 20.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.72M
Fixed assets
€378k ▲ 45.2%
Current assets
€1.34M ▲ 11.5%
Equity and liabilities €1.72M
Equity
€769k ▲ 17.5%
Provisions
€50k =
Debt
€903k ▲ 18.6%
Debt's share of the balance-sheet total rises from 52.0% to 52.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€618k▲
2024 · €530k
Cash flow
€477k▲
2024 · €416k
Current ratio
1.92▲
2024 · 1.76
Quick ratio
1.70▲
2024 · 1.49
Debt to equity
1.17▲
2024 · 1.16
ROE
47.4%▼
2024 · 48.2%
ROA
21.2%▼
2024 · 21.5%
Interest coverage
39.61▼
2024 · 42.88
Debt ≤ 1 year
€700k▲
2024 · €683k
Debt > 1 year
€198k▲
2024 · €79k
Income taxes
€126k▲
2024 · €111k
Staff costs
€542k▼
2024 · €639k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1k | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | €366k | €547k | €635k | €639k | €542k | ▼ 15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48k | €54k | €84k | €100k | €112k | ▲ 12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-8k | €654 | €-654 | €0 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €50k | €0 | - | - | - | - |
| Other operating charges640/8 | €29k | €21k | €13k | €19k | €46k | ▲ 136% |
| Non-recurring operating charges66A | €40k | €6k | €0 | €5k | €0 | ▼ 100% |
| Gross operating margin9900 | €520k | €887k | €1.42M | €1.19M | €1.21M | ▲ 1.0% |
| Operating profit (loss)9901 | €-4k | €258k | €693k | €430k | €506k | ▲ 17.6% |
| Financial income75/76B | €35k | €1 | €398 | €9k | €580 | ▼ 93.4% |
| Recurring financial income75 | €35k | €1 | €398 | €9k | €580 | ▼ 93.4% |
| Financial charges65/66B | €-10k | €4k | €14k | €12k | €16k | ▲ 26.2% |
| Recurring financial charges65 | €-10k | €4k | €14k | €12k | €16k | ▲ 26.2% |
| Profit (loss) for the period before taxes9903 | €41k | €254k | €680k | €427k | €491k | ▲ 15.0% |
| Income taxes67/77 | €14k | €66k | €89k | €111k | €126k | ▲ 13.8% |
| Profit (loss) for the period9904 | €27k | €188k | €591k | €316k | €365k | ▲ 15.5% |
| Transfer from tax-exempt reserves789 | €5k | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €31k | €188k | €591k | €316k | €365k | ▲ 15.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €821k | €862k | €1.42M | €1.47M | €1.72M | ▲ 17.5% |
| Fixed assets21/28 | €169k | €169k | €264k | €261k | €378k | ▲ 45.2% |
| Intangible fixed assets21 | - | - | - | €7k | €9k | ▲ 41.4% |
| Tangible fixed assets22/27 | €168k | €168k | €263k | €253k | €366k | ▲ 44.4% |
| Land and buildings22 | €0 | - | - | - | - | - |
| Plant, machinery and equipment23 | €56k | €68k | €59k | €46k | €47k | ▲ 2.0% |
| Furniture and vehicles24 | €41k | €41k | €43k | €89k | €83k | ▼ 6.6% |
| Leasing and similar rights25 | €71k | €57k | €150k | €105k | €162k | ▲ 53.5% |
| Other tangible fixed assets26 | €0 | €2k | €12k | €13k | €74k | ▲ 481% |
| Financial fixed assets28 | €770 | €770 | €770 | €770 | €3k | ▲ 312% |
| Current assets29/58 | €652k | €694k | €1.15M | €1.21M | €1.34M | ▲ 11.5% |
| Amounts receivable after more than one year29 | €0 | - | - | - | - | - |
| Trade receivables290 | €0 | - | - | - | - | - |
| Stocks and contracts in progress3 | €71k | €81k | €204k | €184k | €157k | ▼ 15.1% |
| Stocks30/36 | €71k | €81k | €160k | €147k | €129k | ▼ 12.4% |
| Contracts in progress37 | - | - | €44k | €37k | €28k | ▼ 25.5% |
| Amounts receivable within one year40/41 | €201k | €195k | €232k | €261k | €425k | ▲ 62.9% |
| Trade receivables40 | €158k | €156k | €190k | €223k | €353k | ▲ 58.5% |
| Other amounts receivable41 | €43k | €38k | €41k | €38k | €72k | ▲ 88.6% |
| Current investments50/53 | €0 | - | €200k | €0 | - | - |
| Cash at bank and in hand54/58 | €378k | €407k | €513k | €724k | €752k | ▲ 3.9% |
| Deferred charges and accrued income490/1 | €2k | €12k | €5k | €36k | €10k | ▼ 73.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €821k | €862k | €1.42M | €1.47M | €1.72M | ▲ 17.5% |
| Equity10/15 | €577k | €398k | €489k | €654k | €769k | ▲ 17.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €570k | €392k | €482k | €648k | €763k | ▲ 17.7% |
| Non-distributable reserves130/1 | €13k | €13k | €0 | - | - | - |
| Reserves not available under the articles1311 | €13k | €13k | €0 | - | - | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €557k | €378k | €482k | €648k | €763k | ▲ 17.7% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €50k | €50k | €50k | €50k | €50k | = |
| Provisions for liabilities and charges160/5 | €50k | €50k | €50k | €50k | €50k | = |
| Other liabilities and charges164/5 | €50k | €50k | €50k | €50k | €50k | = |
| Amounts payable17/49 | €194k | €415k | €880k | €762k | €903k | ▲ 18.6% |
| Amounts payable after more than one year17 | €69k | €74k | €103k | €79k | €198k | ▲ 151% |
| Financial debts170/4 | €69k | €74k | €103k | €79k | €198k | ▲ 151% |
| Amounts payable within one year42/48 | €125k | €341k | €777k | €683k | €700k | ▲ 2.5% |
| Current portion of amounts payable after more than one year42 | €26k | €34k | €74k | €64k | €85k | ▲ 33.5% |
| Financial debts43 | - | €14k | €24k | €34k | €34k | ▼ 0.2% |
| Credit institutions430/8 | - | €14k | €24k | €34k | €34k | ▼ 0.2% |
| Trade debts44 | €90k | €238k | €278k | €311k | €264k | ▼ 15.0% |
| Suppliers440/4 | €90k | €238k | €278k | €311k | €264k | ▼ 15.0% |
| Advances received on contracts in progress46 | - | - | - | €49k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €9k | €52k | €51k | €76k | €67k | ▼ 11.6% |
| Taxes450/3 | €0 | €6k | €3 | €18k | €38k | ▲ 115% |
| Remuneration and social security454/9 | €9k | €46k | €51k | €58k | €29k | ▼ 50.5% |
| Other amounts payable47/48 | €1k | €3k | €350k | €150k | €250k | ▲ 66.7% |
| Accrued charges and deferred income492/3 | - | €88 | €0 | - | €5k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €188k | €591k | €316k | €365k | ▲ 15.5% |
| + Depreciation and write-downs630 | €48k | €54k | €84k | €100k | €112k | ▲ 12.3% |
| Operating cash flow (approximation) | €75k | €242k | €675k | €416k | €477k | ▲ 14.7% |
| Investment in fixed assets (approximation) | - | €-54k | €-179k | €-96k | €-230k | ▼ 139% |
| Change in cash | - | €29k | €106k | €211k | €29k | ▼ 86.5% |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €654k ▲33.9%
7 profitable years in a row build equity to €654k.
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €591k ▲214%
Operating result €693k, net result €591k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €27k ▼79.2%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
10 acts for this company are 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, Aalter · 1 establishment unit since 2010
Ground area
1,214 m²
Building footprint
667 m²
Volume, LiDAR
3,244 m³
Parcel 44001B0018/00Z005, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Isolblow
since 20102.187.178.467
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0018/00Z005 | Flanders | 1,214 m² | 1 · 666 m² | 8.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 40,923 EUR awarded · 40,922 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 19 EUR | 19 EUR |
| 2024 | 3 | 5,448 EUR | 17,573 EUR |
| 2023 | 3 | 10,377 EUR | 22,538 EUR |
| 2022 | 2 | 25,079 EUR | 792 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
7 categoriesISOLBLOW BV#9984
ISOLBLOW BV#10182
ISOLBLOW BV36771
Legal Entity Identifier
549300ZO58SZMYDNB451
Similar companies · same sector, comparable size
SALVUM ENERGY
BE 0849.558.860
Genk · Eq €772k
icoustic
BE 0551.890.408
Wommelgem · Eq €774k
ALLUTECH ISOLATIEWERKEN
BE 0455.650.174
Antwerpen · Eq €779k
VERHOEVEN RENE
BE 0422.791.623
Kampenhout · Eq €790k
ELASTOFLEX PROJECTS
BE 0876.816.850
Hasselt · Eq €792k
Of 4,270 companies in sector 43230 we hold annual accounts for 1,238. 600 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
Founded09-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
43910Bricklaying and masonry work
46831Wholesale of construction materials, general range
47529Retail trade
Contact
E-mail
info@isolblow.beAalter
Phone
09/324.91.80Aalter
Fax
09/334.64.86Aalter
Scores and ratios are computed by Checked and are not a credit decision.