ISOLPUR
ActiveSummary
ISOLPUR has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €256,274 and a net result of €48,121. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 3551 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78▼-15
Solvency65▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.6 in 2023; short-term debt: 47.2% and cash: 30.2% of total assets), but 60.4% of the assets are financed with debt.
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Signals
Four 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 · 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
34 d early
2022
30 d late
2021
29 d late
2020
1 d early
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days after 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 (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€48,121▼ 66.8%
2023 · €145,010
Working capital
€216,626▼ 3.8%
2023 · €225,187
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€171,708▲ 437%-€64,291€119,831€170,550▲ 42.3%€100,094▼ 41.3%
Net result€157,055above the sector's middle half▲ 440%-€73,487below the sector's middle half€116,082above the sector's middle half€145,010above the sector's middle half▲ 24.9%€48,121within the sector's middle half▼ 66.8%
Equity€201,510within the sector's middle half▲ 43.2%€127,062within the sector's middle half▼ 36.9%€178,144within the sector's middle half▲ 40.2%€208,153within the sector's middle half▲ 16.8%€256,274within the sector's middle half▲ 23.1%
Total assets€597,620within the sector's middle half▲ 2.8%€541,072within the sector's middle half▼ 9.5%€618,836within the sector's middle half▲ 14.4%€742,895within the sector's middle half▲ 20.0%€646,407within the sector's middle half▼ 13.0%
Debt€396,110▼ 10.1%€414,010▲ 4.5%€440,693▲ 6.4%€534,742▲ 21.3%€390,133▼ 27.0%
Working capital€130,204▲ 49.9%€60,215▼ 53.8%€190,707▲ 217%€225,187▲ 18.1%€216,626▼ 3.8%
Solvency33.7%within the sector's middle half▲ 9.5pp23.5%within the sector's middle half▼ 10.2pp28.8%within the sector's middle half▲ 5.3pp28.0%within the sector's middle half▼ 0.8pp39.6%within the sector's middle half▲ 11.6pp
Staff (FTE)8.7within the sector's middle half▲ 8.8%7within the sector's middle half▼ 19.5%9.7within the sector's middle half▲ 38.6%10.4within the sector's middle half▲ 7.2%9.4within the sector's middle half▼ 9.6%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €646,407
Fixed assets
€124,431 ▼ 12.6%
Current assets
€521,976 ▼ 13.1%
Equity and liabilities €646,407
Equity
€256,274 ▲ 23.1%
Debt
€390,133 ▼ 27.0%
Debt's share of the balance-sheet total falls from 72.0% to 60.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€137,846▼
2023 · €218,365
Cash flow
€85,872▼
2023 · €192,825
Current ratio
1.71▲
2023 · 1.60
Quick ratio
1.18▼
2023 · 1.36
Debt to equity
1.52▼
2023 · 2.57
ROE
18.8%▼
2023 · 69.7%
ROA
7.4%▼
2023 · 19.5%
Interest coverage
11.17▼
2023 · 15.37
Debt ≤ 1 year
€305,350▼
2023 · €375,356
Debt > 1 year
€82,692▼
2023 · €156,085
Income taxes
€23,963▲
2023 · €11,541
Staff costs
€566,447▼
2023 · €610,380
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 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
3.8%
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: 1.0% 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 497,662 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% | 1.7% |
| 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 75% 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 34,679 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €322,772 | €506,597 | €610,380 | €566,447 | ▼ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,147 | €51,241 | €37,396 | €47,815 | €37,752 | ▼ 21.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,752 | - | - |
| Other operating charges640/8 | - | €1,552 | €2,322 | €746 | €10,564 | ▲ 1,317% |
| Non-recurring operating charges66A | - | - | - | €766 | €309 | ▼ 59.6% |
| Gross operating margin9900 | €559,714 | €311,274 | €666,146 | €833,009 | €715,167 | ▼ 14.1% |
| Operating profit (loss)9901 | €171,708 | -€64,291 | €119,831 | €170,550 | €100,094 | ▼ 41.3% |
| Financial income75/76B | - | €1,115 | €6,796 | €207 | €843 | ▲ 308% |
| Recurring financial income75 | €4,545 | €1,115 | €6,796 | €207 | €843 | ▲ 308% |
| Financial charges65/66B | - | €10,312 | €10,545 | €14,206 | €28,854 | ▲ 103% |
| Recurring financial charges65 | €10,001 | €9,463 | €10,216 | €14,206 | €12,345 | ▼ 13.1% |
| Non-recurring financial charges66B | - | €849 | €329 | - | €16,510 | - |
| Profit (loss) for the period before taxes9903 | €171,410 | -€73,487 | €116,082 | €156,551 | €72,083 | ▼ 54.0% |
| Income taxes67/77 | €14,355 | - | - | €11,541 | €23,963 | ▲ 108% |
| Profit (loss) for the period9904 | €157,055 | -€73,487 | €116,082 | €145,010 | €48,121 | ▼ 66.8% |
| Profit (loss) for the period to be appropriated9905 | €157,055 | -€73,487 | €116,082 | €145,010 | €48,121 | ▼ 66.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €597,620 | €541,072 | €618,836 | €742,895 | €646,407 | ▼ 13.0% |
| Fixed assets21/28 | €142,714 | €130,401 | €97,239 | €142,352 | €124,431 | ▼ 12.6% |
| Tangible fixed assets22/27 | €137,334 | €124,816 | €91,644 | €136,352 | €118,701 | ▼ 12.9% |
| Plant, machinery and equipment23 | - | €48,196 | €40,603 | €29,666 | €12,397 | ▼ 58.2% |
| Furniture and vehicles24 | - | €76,620 | €51,041 | €106,687 | €106,304 | ▼ 0.4% |
| Financial fixed assets28 | €5,380 | €5,585 | €5,595 | €6,000 | €5,730 | ▼ 4.5% |
| Current assets29/58 | €454,906 | €410,671 | €521,597 | €600,543 | €521,976 | ▼ 13.1% |
| Stocks and contracts in progress3 | €86,881 | €116,473 | €134,543 | €89,693 | €160,973 | ▲ 79.5% |
| Stocks30/36 | - | €116,473 | €134,543 | €89,693 | €160,973 | ▲ 79.5% |
| Amounts receivable within one year40/41 | €237,826 | €212,572 | €125,865 | €200,085 | €159,205 | ▼ 20.4% |
| Trade receivables40 | - | €212,572 | €114,402 | €193,095 | €159,205 | ▼ 17.6% |
| Other amounts receivable41 | - | - | €11,463 | €6,991 | - | - |
| Cash at bank and in hand54/58 | €119,977 | €60,090 | €248,608 | €297,838 | €195,336 | ▼ 34.4% |
| Deferred charges and accrued income490/1 | - | €21,536 | €12,581 | €12,927 | €6,461 | ▼ 50.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €597,620 | €541,072 | €618,836 | €742,895 | €646,407 | ▼ 13.0% |
| Equity10/15 | €201,510 | €127,062 | €178,144 | €208,153 | €256,274 | ▲ 23.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €42,360 | €42,360 | €42,360 | €42,360 | €42,360 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €37,500 | €37,500 | €37,500 | €37,500 | = |
| Distributable reserves133 | - | €3,000 | €3,000 | €4,860 | €4,860 | = |
| Profit (loss) carried forward14 | €139,589 | €66,102 | €117,184 | €147,193 | €195,314 | ▲ 32.7% |
| Amounts payable17/49 | €396,110 | €414,010 | €440,693 | €534,742 | €390,133 | ▼ 27.0% |
| Amounts payable after more than one year17 | €71,408 | €63,121 | €107,830 | €156,085 | €82,692 | ▼ 47.0% |
| Financial debts170/4 | - | €54,505 | €29,109 | €77,138 | €68,590 | ▼ 11.1% |
| Other amounts payable178/9 | - | €8,616 | €78,722 | €78,947 | €14,103 | ▼ 82.1% |
| Amounts payable within one year42/48 | €324,702 | €350,455 | €330,891 | €375,356 | €305,350 | ▼ 18.7% |
| Current portion of amounts payable after more than one year42 | - | €33,258 | €25,397 | €33,306 | €33,358 | ▲ 0.2% |
| Financial debts43 | - | €67,059 | - | - | - | - |
| Credit institutions430/8 | - | €67,059 | - | - | - | - |
| Trade debts44 | €83,962 | €176,828 | €164,523 | €161,640 | €185,675 | ▲ 14.9% |
| Suppliers440/4 | - | €176,828 | €164,523 | €161,640 | €185,675 | ▲ 14.9% |
| Taxes, remuneration and social security45 | - | €72,800 | €75,971 | €65,411 | €85,341 | ▲ 30.5% |
| Taxes450/3 | - | €38,928 | €24,056 | €16,722 | €32,202 | ▲ 92.6% |
| Remuneration and social security454/9 | - | €33,872 | €51,915 | €48,688 | €53,139 | ▲ 9.1% |
| Other amounts payable47/48 | - | €510 | €65,000 | €115,000 | €976 | ▼ 99.2% |
| Accrued charges and deferred income492/3 | - | €433 | €1,972 | €3,301 | €2,091 | ▼ 36.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €157,055 | -€73,487 | €116,082 | €145,010 | €48,121 | ▼ 66.8% |
| + Depreciation and write-downs630 | €41,147 | €51,241 | €37,396 | €47,815 | €37,752 | ▼ 21.0% |
| Operating cash flow (approximation) | €198,201 | -€22,246 | €153,478 | €192,825 | €85,872 | ▼ 55.5% |
| Investment in fixed assets (approximation) | - | -€38,928 | -€4,234 | -€92,928 | -€19,831 | ▲ 78.7% |
| Change in cash | - | -€59,887 | €188,518 | €49,230 | -€102,502 | ▼ 308% |
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
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €200,000Eq €208,153 ▲16.8%
2 profitable years in a row build equity to €208,153.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Back to profitnet €116,082
Net result €116,082 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €178,144 ▲40.2%
Equity rises from €127,062 to €178,144.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet -€73,487
Net result drops to -€73,487, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €157,055 ▲440%
Operating result €171,708, net result €157,055, both a record.
31-12
Financial
Equity above €200,000Eq €201,510 ▲43.2%
3 profitable years in a row build equity to €201,510.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 17 days late
Show earlier events
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Stavelot · 1 establishment unit since 2009
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 Saint Laurent 164970 Stavelot1 establishment unit
ISOLPUR SPRL
since 20092.177.068.790
Recognitions · licences · registrations
Recognised contractor
1 categoryISOLPUR SRL37094
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Of 4,269 companies in sector 43230 we hold annual accounts for 1,239. 925 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
Founded20-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
47521Retail sale of hardware, building materials, paint and glass (general range)
Contact
E-mail
info@isolpur.be
Phone
087/222699
Fax
087/222899
E-invoicing
Reachable via Peppol
Peppol ID
0208:0810567731
Also
9925:BE0810567731
Registered
30-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.