ISOLETANCHE
ActiveISOLETANCHE has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €699k and a net result of €-9k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 85% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
78
/ 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-16
Solvency100=
Growth44=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 4.56 against 3.94 in 2024), and 19.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Sector 43
higher
← 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
80.7%
Return on assets
-1.1%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
22 d late
2023
19 d late
2022
21 d late
2021
19 d late
2020
25 d late
2019
54 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€435k▼ 19.7%
2023 · €541k
2018: €476k
2019: €402k
2020: €354k
2021: €415k
2022: €515k
2023: €541k
2018 → 2024
EBIT margin
-7.0%▼ 14.7pp
2023 · 7.8%
2018: 15.9%
2019: 16.4%
2020: 1.2%
2021: 10.7%
2022: 13.5%
2023: 7.8%
2018 → 2024
Net result
€-9k▲ 81.2%
2024 · €-49k
2018: €84k
2019: €37k
2020: €-3k
2021: €32k
2022: €51k
2023: €21k
2024: €-49k
2018 → 2025
Working capital
€231k▲ 2.8%
2024 · €225k
2018: €153k
2019: €164k
2020: €153k
2021: €188k
2022: €207k
2023: €240k
2024: €225k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€415k-€515k▲ 24.1%€541k▲ 5.1%€435k▼ 19.7%
Equity€685k-€736k▲ 7.4%€757k▲ 2.8%€708k▼ 6.4%€699k▼ 1.3%
Operating result€44k-€69k▲ 56.9%€42k▼ 39.2%€-30k€-4k▲ 87.9%
Net result€32k-€51k▲ 57.7%€21k▼ 59.4%€-49k€-9k▲ 81.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €30k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €866k
Fixed assets
€570k▼ 2.7%
Current assets
€296k▼ 1.8%
Equity and liabilities €866k
Equity
€699k▼ 1.3%
Debt
€167k▼ 6.7%
The debt ratio falls from 20.2% to 19.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€48k▲
2024 · €42k
Cash flow
€42k▲
2024 · €24k
Solvency
80.7%▲
2024 · 79.8%
Current ratio
4.56▲
2024 · 3.94
Quick ratio
4.32▲
2024 · 3.73
Debt / equity
0.24▼
2024 · 0.25
ROE
-1.3%▲
2024 · -6.9%
ROA
-1.1%▲
2024 · -5.5%
Interest coverage
10.08▲
2024 · 4.62
Debt
€167k▼
2024 · €179k
Debt ≤ 1 year
€65k▼
2024 · €77k
Debt > 1 year
€102k▼
2024 · €103k
Income taxes
€776▼
2024 · €11k
Staff costs
€104k▲
2024 · €98k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€887k€866k▼
Fixed assets21/28€586k€570k▼
Tangible fixed assets22/27€585k€569k▼
Land and buildings22€491k€491k=
Plant, machinery and equipment23€70k€34k▼
Furniture and vehicles24€24k€44k▲
Financial fixed assets28€1k€1k=
Current assets29/58€302k€296k▼
Stocks and contracts in progress3€16k€16k▼
Stocks30/36€16k€16k▼
Amounts receivable within one year40/41€202k€177k▼
Trade receivables40€29k€34k▲
Other amounts receivable41€174k€143k▼
Cash at bank and in hand54/58€83k€103k▲
Equity and liabilities
Total equity and liabilities10/49€887k€866k▼
Equity10/15€708k€699k▼
Contributions10/11€19k€19k=
Revaluation surpluses12€418k€418k=
Reserves13€144k€144k=
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€142k€142k=
Profit (loss) carried forward14€127k€118k▼
Amounts payable17/49€179k€167k▼
Amounts payable after more than one year17€103k€102k▼
Financial debts170/4€103k€102k▼
Amounts payable within one year42/48€77k€65k▼
Financial debts43€31k€26k▼
Credit institutions430/8€31k€26k▼
Trade debts44€17k€24k▲
Suppliers440/4€17k€24k▲
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€29k€12k▼
Taxes450/3€24k€4k▼
Remuneration and social security454/9€5k€9k▲
Income statement
Code20242025
Turnover70€435k-
Goods, raw materials, services and sundry goods60/61€294k-
Remuneration, social security and pensions62€98k€104k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€52k▼
Gross operating margin9900€140k€152k▲
Operating profit (loss)9901€-30k€-4k▲
Financial income75/76B€2k€18▼
Recurring financial income75€312€18▼
Non-recurring financial income76B€2k-
Financial charges65/66B€9k€5k▼
Recurring financial charges65€9k€5k▼
Profit (loss) for the period before taxes9903€-37k€-8k▲
Income taxes67/77€11k€776▼
Profit (loss) for the period9904€-49k€-9k▲
Profit (loss) for the period to be appropriated9905€-49k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€127k€118k▼
Profit (loss) brought forward from the previous period14P€175k€127k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-49k ▼335%
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Seraing · 1 establishment unit since 1975
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Têris 504100 SeraingGround area
5,604 m²
Building footprint
378 m²
Volume, LiDAR
2,844 m³
Parcel 62353D0346/00E002, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Têris 50, 4100 Seraing
since 19752.011.365.373
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62353D0346/00E002 | Wallonia | 5,604 m² | 1 · 378 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 categoriesIsoletanche SRL35248
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HANIN NAMUR
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Of 486 companies in sector 43343 we hold annual accounts for 292. 209 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-1975
Fiscal year end31-12
Activities, NACEBEL
43343Specialised construction activities
23120Manufacture of other non-metallic mineral products
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.