Checked.be
Active
BE 0711.785.307Private limited company (pre-2019)Open bankruptcy
ISOLIFE
Rue Georges Depaifve 22 ·4690 Bassenge, Belgium· 7 yrs active
Sector: Installatie van isolatie
(43230)
Conclusion
A bankruptcy procedure is open for ISOLIFE according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €121k and a net result of €113k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €121k |
| Net result | €113k |
| Better than sector | 22% |
| Active | 7 yrs |
Snowflake analysis
31
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
83
Solvency
18
Growth
52
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 06-12-2021 with the NBB · fiscal year 2020 · volledig
Sector comparison
Fiscal year 2020 · NACE 43, Specialised construction · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.1% | 33.0% | |
| Net result | €16k | €17k | |
| Equity | €121k | €138k | |
| Gross operating margin | €178k | €149k | |
| Total assets | €857k | €557k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€767k
-37.7%
19-20
€79k
-54.4%
19-20
€113k
+14.4%
19-20
€163k
+14.6%
19-20
€857k
+134.0%
19-20
€121k
+15.3%
19-20
€-23k
-
19-20
0
-
19-20
€8k
-72.6%
19-20
€736k
+181.7%
19-20
€205k
-21.6%
19-20
€531k
-
19-20
0.89
-19.5%
19-20
0.86
-19.2%
19-20
14.1%
-50.7%
19-20
4.39
-
19-20
93.3%
-0.8%
19-20
13.2%
-51.1%
19-20
14.7%
+83.5%
19-20
10.3%
-26.8%
19-20
Figures by fiscal year
| Fiscal year | 2020 |
|---|---|
| Deposit | volledig |
| Revenue | €767k |
| EBITDA | €79k |
| Net profit | €113k |
| Cash flow | €163k |
| Staff costs | - |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €857k |
| Equity | €121k |
| Debt | €736k |
| of which ≤ 1y | €205k |
| of which > 1y | €531k |
| Working capital | €-23k |
| Employees (FTE) | - |
Ratios (computed)
| 2020 | |
|---|---|
| Current ratio | 0.89 |
| Quick ratio | 0.86 |
| Working capital ratio | -2.7% |
| Solvency | 14.1% |
| Debt / equity | 4.39 |
| Long-term debt ratio | 4.39 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | 14.7% |
| ROA | 13.2% |
| ROE | 93.3% |
| EBITDA margin | 10.3% |
| Days sales outstanding | 62d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €857k |
| Fixed assets | 21/28 | €675k |
| Intangible fixed assets | 21 | €3k |
| Tangible fixed assets | 22/27 | €672k |
| Financial fixed assets | 28 | €174 |
| Current assets | 29/58 | €181k |
| Stocks & contracts in progress | 3 | €5k |
| Amounts receivable within one year | 40/41 | €131k |
| Cash & bank | 54/58 | €46k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €857k |
| Equity | 10/15 | €121k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €113k |
| Amounts payable | 17/49 | €736k |
| Amounts payable after one year | 17 | €531k |
| Amounts payable within one year | 42/48 | €205k |
| Trade debts payable within one year | 44 | €72k |
| Income statement | ||
| Turnover | 70 | €767k |
| Gross operating margin | 9900 | €178k |
| Operating result | 9901 | €29k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €24k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €16k |
| Result to be appropriated | 9905 | €16k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | FRANCOIS MINON RUE DES AUGUSTINS 32,
4000 LIEGE 1 |
27-06-2022 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Installatie van isolatie(43230) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 17-10-2018 |
| Status | Active |
| Postal code | 4690 |
| First BS signal | 04-07-2022 |
| Latest BS signal | 04-07-2022 |
Establishment units
ISOLIFE
since 20182.281.842.648
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73348B0736/00C000indicative | Flanders | 7,578 m² | 1 · 1,322 m² | 6.2 m · 2 fl. |
| 62044C0830/00C000 | Wallonia | 86 m² | 1 · 46 m² | 7.1 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2022
04-07-2022
Bankruptcy
Opening
2021
06-12-2021
NBB filing
Annual accounts filed
2020
10-06-2020
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
04-07-2022
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE)
Activities
Installatie van isolatie43230Isolatiewerkzaamheden43291
Primary activity highlighted.
Names & trade names
| Legal nameFR | ISOLIFE |
Registered office
Rue Georges Depaifve 22
4690 Bassenge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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