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ISOLUTION

Active Private limited companyfounded 2010active for 16 yearsAvenue Albert 1er 3, 5000 NamurKBO/BCE: BE 0827.451.669 subsidiary of CO2HOLD#2 company by staff growth in the province of Namur, Construction sector

Overview

Lifetime

15 annual accounts with figures on one time axis
peak €2.7m (2025)
€2.7m▲ 3.4%
lowest -€362 (2015)
€74,991▲ 205%
peak €474,871 (2025)
€474,871▲ 18.1%
€1.7m▼ 1.0%
peak 39.1 FTE (2024)
33.6 FTE▼ 14.1%
Board5 names since 2021
2 directorsAVISION and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
09-04-2026113 days before the deadline
2025financial year
Result from €24,589 to €74,991Staff from 39.1 FTE to 33.6 FTEResignation: NKCS (director) 13-08Equity from €401,936 to €474,871

Key points

from the 2025 annual accounts

Equity

€474,871 ▲ 18.1%

ISOLUTION has made a profit without a break since 2016.

Result

€74,991 ▲ 205%
€24,6002024€75,0002025

The result rose in 2025 from €24,589 to €74,991.

Debts

€1.7m 78% of the balance sheet
Financial debts 42%Suppliers 26%Taxes and wages 15%Other 17%

€158,581 of the debts are secured on the company's own assets. In 2023 that was €376,913.

Staff

29 employees on 31-12-2025
5220211582022203202316820244182025

In 2025, 4 people joined and 18 left.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

The last five annual accounts were filed 16 to 113 days before the end of the period.

Checked score

70
Healthy
Financially stronger than 40% of small companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 0.7%▼ -0.5 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.6%● unchanged vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value

Financial strength
Average

46+3equity 21.2% of total assets
22-2short-term debt 68.9% · cash 6.7%
73+16return on assets 3.4%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
Size: 33.6 FTE, total assets €2.2m
Equity €474,871 (21.2% of total assets)
lowers risk
Founded in 2010
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, small). It does better than 23% of them on solvency, 13% on liquidity, 51% on profitability and 74% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 4,107 companies had the same profile as ISOLUTION has now. Each dot stands for 11 companies, two years later.

97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ISOLUTION itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,107 companies, not a prediction for ISOLUTION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.11 (1.23 in 2024), below the usual 1.5. Short-term debt is 68.9% and cash 6.7% of total assets. 78.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2010
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 · Size: 33.6 FTE, total assets €2.2m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €474,871 (21.2% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2463 sector peers (2025).
NBB · sector comparison
Position among 2463 sector peers
Solvency
better than 22%
← weakest strongest →
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 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
113 days early
2024
16 days early
2023
30 days early
2022
53 days early
2021
25 days early
2020
15 days early
2019
14 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 38 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 2 July (4 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
09-11-2026 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

Board and ownership

A
Director, Arnaud Vierendeel, since 03-12-2021
E
Director, Grégoire Thunis, since 03-12-2021
Board & ownership

Recent changes

Merger: ISOLUTION takes over ISOPROFIL “extension de l'objet aux activités reprises dans l'objet de la société absorbée” (deed in French) · Gazette deed
Merger proposal: ISOLUTION takes over ISOPROFIL CO2HOLD holds all the shares · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0827451669
Resignation: NKCS (director) General meeting of 20-05-2025 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
ISOLUTION Namur €2.2m €2.7m 21.2% 33.6
KDS Consult Beveren-Kruibeke-Zwijndrecht €2.3m €2.5m 18.5% 27.5
D&D Isoltechnics Sint-Pieters-Leeuw €1.8m €2.6m 33.5% 40.9
INDUSTRIAL COMPANY OF TECHNICAL SOLUTIONS Saint-Ghislain €5.2m €2.9m 16.9% 41.6
Fyxt Waregem €1.4m €1.6m 18.1% 19.3
SADONES LUSADAK Ronse €1.3m €1.3m 34.2% 20.3
Isoworx Genk €2.9m €2.2m 29.2% 19.4

These companies have the same main activity as ISOLUTION: insulation installation (NACE 43230). They are comparable in size and age: total assets between €1.3m and €5.2m, founded between 2005 and 2017.

Official details

Source: KBO
Status
Active since 01-07-2010Normal situation
Registered office
10 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
Insulation installationNACE 43230and 1 other
Joint committees
124Construction
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.192.835.8445000 Namur, since 01-10-2010
Financial year end
31 December
Peppol
Reachable since 30-12-2025
Company details

Annual accounts 2025

€2.7m▲ 3.4%
≈ €7.5mestimated
€74,991▲ 205%
€474,871▲ 18.1%
€2.2m▲ 2.5%
Employeeson 31-12-2025
29▼ 32.6%
Filing
Filed on 09-04-2026, 113 days before the end of the filing period
Financials

Insights on ISOLUTION

ISOLUTION has existed since 2010. The gross margin grew from €202,284 in 2011 to €2.7m in 2025 and staff from 2.8 to 33.6 full-time equivalents.

The gross margin has grown every year since 2021.

CO2HOLD holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 09-04-2026, 113 days before the deadline
€2.7m
▲ 3.4%
€203,651
▲ 24.2%
€74,991
▲ 205%
€172,568
▼ 46.5%
21.2%
▲ 2.8 percentage points
1.11
▼ 0.12

The turnover shown is an estimate from the gross margin.

Turnover ≈ €7.5m. Estimated: probably between €6.2m and €9.2m.

Balance sheet

balance sheet total €2.2m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

21.2%

Higher than 22% of 2,463 companies in 2025.

1.11

Higher than 23% of 2,436 companies in 2025.

3.4%

Higher than 44% of 2,454 companies in 2025.

ISOLUTION Middle half of the sector 80% of the sector Full accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: top quarter

Staff

€72,234

Staff costs divided by the average number of full-time equivalents.

-14 people

people who joined people who left

In 2025, 4 people joined and 18 left. Training hours in 2025: 412.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011
Balance sheet: assets
20/58 2.2m2.2m2.2m1.7m1.5m1.2m1.1m715,243553,263448,034450,186678,775469,786226,858201,799
20 178,960--------------
21/28 345,142461,918485,506253,42376,14457,80762,41469,91937,90731,80654,54684,60594,03156,88569,975
21 11,15626,44220,8088,1055,519--1,3602,720----1,1993,597
22/27 328,589430,184459,406243,22268,53055,71261,04667,49134,84231,58654,37684,43593,86155,51666,208
22 69,32363,78272,02637,710375537---83224618742952-
23 67,625101,452117,74743,5979,4186,0879,4261,1035,80818,79232,64549,14047,42430,60731,154
24 84,965200,089269,634161,91558,73749,08851,62066,38829,03512,71021,50734,67745,69523,95735,055
25 19,447--------------
26 87,22964,860-------------
28 5,3975,2925,2922,0962,0962,0961,3681,068344220170170170170170
29/58 1.7m1.7m1.7m1.4m1.4m1.1m1.1m645,325515,356416,228395,639594,170375,755169,974131,825
3 423,002486,932394,608338,932431,541334,732350,124193,334165,543102,27131,45558,31763,57618,62314,845
30/36 423,002486,932394,608338,932431,541334,732350,124193,334165,543102,27131,45558,31763,57618,62314,845
40/41 1.1m1.0m1.2m873,205432,500367,124315,175203,947200,024145,458145,639186,49493,28395,62861,347
40 285,830383,236501,148248,559334,338321,497279,362162,185155,496120,37885,917133,43258,78375,62344,231
41 789,718632,377671,556624,64698,16245,62735,81341,76244,52725,08059,72353,06234,50020,00417,116
50/53 -----------26,10018,000--
54/58 149,695139,070116,900197,186526,580399,271390,628234,362137,446155,381215,248284,842189,91445,31355,632
490/1 64,32978,44765,01724,24222,53215,63914,11113,68112,34413,1173,29738,41610,98210,410-
Balance sheet: equity and liabilities
10/49 2.2m2.2m2.2m1.7m1.5m1.2m1.1m715,243553,263448,034450,186678,775469,786226,858201,799
10/15 474,871401,936361,817352,703353,220352,757167,732166,64391,669145,997129,973205,335174,84146,00942,875
10/11 25,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,000
100 ------25,00025,00025,00025,00025,00025,00025,00025,00025,000
13 326,825326,825326,825326,825326,825326,825139,880135,88052,750102,75082,747142,747127,5002,500894
130/1 2,5002,5002,5002,5002,5002,500---------
130 ------2,5002,5002,5002,5002,5002,5002,5002,500894
1311 2,5002,5002,5002,5002,5002,500---------
132 ----56,32556,32537,38037,380-20,25015,24760,24745,000--
133 324,325324,325324,325324,325268,000268,000100,00096,00050,25080,00065,00080,00080,000--
14 109,57234,5819,9928781,3959325401,1384,7824,5971,52616,8881,64118,50916,982
15 13,47315,530----2,3124,6259,13713,65020,70020,70020,700--
16 24,60124,60124,60124,60124,60124,60124,601------6,500-
160/5 24,60124,60124,60124,60124,60124,60124,601------6,500-
164/5 24,60124,60124,60124,60124,60124,60124,601--------
17/49 1.7m1.8m1.8m1.3m1.1m797,215940,119548,601461,594302,037320,212473,439294,945174,349158,924
17 172,511336,384323,562200,00225,91821,43839,11158,10915,48211,30227,29449,26552,82040,51443,950
170/4 172,511336,384323,562200,00225,91821,43839,11158,10915,48211,30227,29449,26552,82040,51443,950
42/48 1.5m1.4m1.5m1.1m1.1m775,733900,893490,234445,867290,727282,151416,066242,126133,830114,974
42 276,076256,719151,78870,45531,24227,70330,65833,72910,66815,99121,97235,15632,35521,17913,807
43 550,000450,000655,000200,000-----------
430/8 550,000450,000655,000200,000-----------
44 452,723391,409374,316171,720293,236161,264196,812224,088179,45759,62338,708100,69791,72154,55591,184
440/4 452,723391,409374,316171,720293,236161,264196,812224,088179,45759,62338,708100,69791,72154,55591,184
46 07,47443,844195,980487,669531,344631,127209,194200,387212,163156,403211,29774,05744,989-
45 260,456292,021279,873131,43670,39149,21435,5652,9894,2431,7882,31016,65624,83312,4929,612
450/3 106,531103,160103,79881,04035,81235,37920,758--1,7882,31016,65624,83310,4119,612
454/9 153,926188,861176,07450,39634,58013,83614,8072,9894,243----2,081-
47/48 750-0340,000202,9436,2086,73120,23451,1121,16162,75852,26119,161615373
492/3 24,68821,43619,934917744114258244710,7678,108-5-
Income statement
76A -----1,709-----43024--
9900 2.7m2.6m1.9m1.2m747,414769,093543,690463,981424,928447,293473,595527,471494,665263,377202,284
62 2.4m2.2m1.6m695,983461,115349,647334,737290,940340,065344,128390,769380,927300,503212,717129,578
630 239,819203,053158,83644,02223,83524,17329,97030,77433,82426,99539,07148,69347,96835,13842,024
631/4 7,0767,0761,1293,687-11,21412,20115,51432,106-11,97444,7539,160-3,806--
635/8 ------24,601------6,5006,500-
640/8 28,75819,02826,8798,6336,9353,6212,3102,2181,7753,6841,8142,4572,2572,3671,481
649 -212,080--------------
66A --02,2625,221-----3,37820,2821,260--
9901 203,651163,90682,559458,090261,520379,452136,558107,94361,23827,73232,78095,395146,6316,65629,201
75/76B 11,8004,4951,0687,5723,9794,0699,2584,5794,6375,8312,2642,7671,274477261
75 4,5094,4953537,5723,9794,0699,2584,5794,6375,8312,2642,7671,274477261
76B 7,2910714------------
65/66B 64,22382,06541,1015,8412,3021,5821,8283,6961,4061,57121,6912,7173,8092,6562,489
65 64,22382,06541,1015,8412,3021,5821,8283,6961,4061,57121,6912,7173,8092,6562,489
9903 151,22786,33642,525459,821263,197381,939143,987108,82764,46931,9929,97475,593142,8604,47826,974
67/77 76,23661,74733,411120,33865,73494,60244,58529,3414,2858,91810,33620,09934,7281,3449,098
9904 74,99124,5899,114339,483197,463287,33799,40279,48660,18523,074-36255,495108,1323,13417,875
689 -----18,945-37,380-5,003-15,24745,000--
9905 74,99124,5899,114339,483197,463268,39299,40242,10660,18518,071-36240,24763,1323,13417,875
Appropriation of the result
9906 109,57234,5819,992340,878198,395268,932100,54046,88864,78219,59716,52641,88881,64120,11517,875
14P 34,5819,9928781,395932----------
791/2 -----100,00096,000-60,000-75,000----
691/2 -----268,000100,00045,75010,00015,00015,000-80,0001,606894
6920 -------------1,606894
6921 -----268,000100,00045,75010,00015,00015,000-80,000--
694/7 --0340,000197,000100,00096,000-110,000-75,00025,000---
694 --0340,000197,000100,00096,000-60,000-75,00025,000---
695 --------50,000------
Social balance sheet
9087 33.639.130.414.29.57.46.86.688.98.88.37.35.32.8
Hours worked1013 53,50159,40949,20122,43515,60410,44510,3909,42311,30712,23013,29114,00311,4608,3914,848
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 32 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 09-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 09-04-2026 2026-00078470 PDF
31-12-2024 full format 15-07-2025 2025-00276510 PDF
31-12-2023 full format 01-07-2024 2024-00208543 PDF
31-12-2022 full format 08-06-2023 2023-00115344 PDF
31-12-2021 full format 06-07-2022 2022-20154323 PDF
31-12-2020 full format 16-07-2021 2021-36700576 PDF
31-12-2019 full format 17-07-2020 2020-32100490 PDF
31-12-2018 full format 12-07-2019 2019-32500351 PDF
31-12-2017 full format 17-07-2018 2018-34200078 PDF
31-12-2016 full format 18-07-2017 2017-32800359 PDF
31-12-2015 full format 01-07-2016 2016-27600478 PDF
31-12-2014 full format 28-07-2015 2015-35800580 PDF
31-12-2013 full format 26-06-2014 2014-22400335 PDF
31-12-2012 full format 25-06-2013 2013-22100065 PDF
31-12-2011 full format 31-07-2012 2012-38300562 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011
443,469366,959241,395502,113285,356403,624166,528138,71795,06254,72871,851144,088194,59941,79471,225
314,810227,642167,951383,505221,298311,510129,372110,26094,00950,06938,710104,188156,09938,27159,899
109,254179,464390,920236,51962,97519,73622,46562,78639,9254,2559,01347,96785,11422,048111,998
10,62422,170-80,286-329,395127,3098,643156,26696,916-17,935-59,867-69,59494,928144,601-10,319-
172,568322,440244,408323,974327,672341,033169,145155,09069,489125,501113,488178,104133,62936,14416,850
21.2%18.4%16.2%20.9%23.7%30.0%14.8%23.3%16.6%32.6%28.9%30.3%37.2%20.3%21.2%
1.111.231.161.291.301.441.191.321.161.431.401.431.551.271.15
0.840.880.900.990.901.010.800.920.781.081.291.291.291.131.02
3.664.375.113.713.152.265.603.295.042.072.462.311.693.793.71
15.8%6.1%2.5%96.3%55.9%81.5%59.3%47.7%65.7%15.8%-0.3%27.0%61.8%6.8%41.7%
3.4%1.1%0.4%20.1%13.3%24.5%8.8%11.1%10.9%5.1%-0.1%8.2%23.0%1.4%8.9%
6.914.475.8785.96over 100----------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date2943351811
full-time2439301510
part-time54531
in full-time equivalents28.242.434.117.510.8
33.639.130.414.29.5
On a permanent contract2842351610
Joined41620155
Left188382
Training hours4123,210950--

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€158,581€251,375€376,913--
€630,000€630,000€630,000--

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€109,149€161,644€364,223€232,019€57,295
Intangible fixed assets-€17,820€23,500€4,500€5,680
Financial fixed assets€105-€3,197--
€239,819€203,053€158,836€44,022€23,835

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ISOLUTION

The operating result for 2025 is 24% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 80.5% to 77.7%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, last change in 2025
Director, permanent representative Arnaud Vierendeel
since 03-12-2021 term without a fixed end
also on the board of 3 other companies
listed in the 2025 annual accounts, filed on 09-04-2026
Director, permanent representative Grégoire Thunis
since 03-12-2021 term without a fixed end
also on the board of 3 other companies
listed in the 2025 annual accounts, filed on 09-04-2026
Permanent representatives 2
Arnaud Vierendeel
Permanent representative, for AVISION
appointed by deed of 04-01-2022
Grégoire Thunis
Permanent representative, for EnerGTech
appointed by deed of 04-01-2022

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
AVISION
Director
EnerGTech
Director
NKCS
Director
MBGS
Director
EPERFORMANCES SRL
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • AVISION
    • Director, from 03-12-2021 to date
  • EnerGTech
    • Director, from 03-12-2021 to date
  • NKCS
    • Director, from 03-12-2021 to 13-08-2025
  • MBGS
    • Director, from 03-12-2021 to 10-09-2023
  • EPERFORMANCES SRL
    • Director, until 04-01-2022

See the board, name and registered office on a given date →

Control

Parent
Equity €3,958
Loss €11,287 in 2025 (loss €15,665 in 2024)
Checked score 67
100%
This company
ISOLUTION
Equity €474,871
Profit €74,991 in 2025

and 1 other shareholder

Capital

Contribution
€25,000
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
100% until 2021
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 31-07-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement nombre actions si plusieurs, actionnaire voulant céder tout ou partie peut exiger…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 14:00

Shareholders

2 owners

Owners 2

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 13-05-2026 ↗
  • CO2HOLD (BE 0777.416.990) all shares
Capital over time
  1. 31-07-2023 Converted to unavailable equity · €27,500

Network & group

Group

CO2HOLD has 3 direct subsidiaries (2025 accounts), the bar shows equity in euros
ParentCO2HOLD3 holdings, 1 country 2025 accounts

Belgium 3 Equity Result

  • BE ISOLUTION €474,871 result €74,991
  • BE ISOPROFILno longer active €103,391 result €100,389
  • BE ISORUCHE -€3,266 result -€2,879

Source: list of holdings in the 2025 accounts of CO2HOLD. Every holding stands with its own latest accounts.

At the same address

Avenue Albert 1er 3, 5000 Namur · 9 other companies
MD DEPANNAGE
establishment since 01-09-2013 · founded in 2011
13 FTE (2025)
0840.273.683
CO2HOLD
registered office since 17-11-2021 · founded in 2021
total assets €1.7m (2025)
0777.416.990
LA HAMOISE
registered office since 14-01-1998 · founded in 1998
turnover €75,000 (2025)
0462.412.559
VITE - HAMOISE
registered office since 27-02-2001 · founded in 1932
total assets €563,269 (2025)
0401.380.357
AUTO NAMUR
establishment since 06-11-2018 · founded in 2018
turnover €518,511 (2022)
0712.856.958
WODBOX
establishment since 01-01-2014 · founded in 2013
total assets €93,264 (2022)
0542.758.649
ISORUCHE
registered office since 30-11-2023 · founded in 2023 · negative equity (2025)
total assets €14,847 (2025)
1002.846.673
ISOCO
establishment since 14-12-2021 · founded in 2021 · negative equity (2025)
total assets €5,182 (2025)
0778.585.841
SAMI
registered office since 15-02-1988
founded in 1988
0433.186.360

Earlier ties

TBO IMMO
via NKCS (at ISOLUTION until 2025) and MBGS (at ISOLUTION until 2023) · Director · deed of 23-09-2021
founded in 2012 · negative equity (2025) · group Neybor Group
total assets €9.9m (2025)
DRVO
via NKCS, at ISOLUTION until 2025 · Director · deed of 02-02-2024
founded in 2024 · negative equity (2025)
total assets €1.8m (2025)
ISOCO
via NKCS (at ISOLUTION until 2025), EnerGTech (no longer at ISOCO) and AVISION (no longer at ISOCO) · Director · deed of 08-08-2024
founded in 2021 · negative equity (2025)
total assets €5,182 (2025)
GHISCOM
via NKCS, at ISOLUTION until 2025 · Sole director · deed of 24-09-2024
founded in 2008
total assets €4.0m (2025)
Ets. Hillewaere
via NKCS, at ISOLUTION until 2025 · Sole director · deed of 28-10-2024
founded in 1952
total assets €732,877 (2025)
Otok
via NKCS, at ISOLUTION until 2025 · Director (not named in the articles) · deed of 05-03-2025
founded in 2025
total assets €697,292 (2025)
Show 2 more earlier ties
KRUMPIR
via NKCS, at ISOLUTION until 2025 · Sole director · deed of 01-07-2025
founded in 2015
total assets €524,839 (2025)
DODEL WINDOWS
via NKCS, at ISOLUTION until 2025 · Director · deed of 22-05-2025
founded in 2022
total assets €282,028 (2025)

Acquisitions and mergers

2 transactions
Took over:ISOPROFIL
BE 0803.364.292operation treated as a merger by absorption · Gazette deed of 07-08-2026 (3 deeds)
Received a universality from:ISOPROFIL

Connections & network

2 connected companies
Linked via shared directors
JARDIFLORE
via EnerGTech and AVISION · Director (not named in the articles) · deed of 30-12-2024
Founded in 1992 · 7.5 FTE (2025)
→
ISOPROFIL
via EnerGTech, AVISION and NKCS (at ISOLUTION until 2025) · deed of 03-07-2023
No longer active · founded in 2023 · 1 FTE (2025)
→

Timeline

Timeline

30 events since 2010

Deadline for the 2026 accounts: 31-07-2027

2026
Merger: ISOLUTION takes over ISOPROFIL“extension de l'objet aux activités reprises dans l'objet de la société absorbée” (deed in French)2 points ▸
  • Purpose change, “extension de l'objet aux activités reprises dans l'objet de la société absorbée” (deed in French)
  • Amendment of the articles, article 3
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: ISOLUTION takes over ISOPROFILCO2HOLD holds all the shares3 points ▸
  • CO2HOLD holds all the shares, mentioned twice in the deed
  • Power of attorney, Jean-Philippe Weicker, mentioned twice in the deed
  • Power of attorney, Valentin Laval, mentioned twice in the deed
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed PDFfull format · 113 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0827451669
Resignation: NKCS (director)General meeting of 20-05-20252 points ▸
  • General meeting, 20-05-2025
  • Director resignation, NKCS

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFfull format · 16 days before the deadline
2024
Annual accounts 2023 filed PDFfull format · 30 days before the deadline
Resignation: SRL MBGS (director)1 point ▸
2023
Amendment of the articles · Legal-form changeGeneral meeting of 28-06-20232 points ▸
  • General meeting, 28-06-2023
  • 100 shares
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 53 days before the deadline
2022
Highest result from 2011 to 2025 net €339,483 ▲71.9% The operating result of €458,090 and the net result of €339,483 are both a record.
Annual accounts 2021 filed PDFfull format · 25 days before the deadline
Registered office moved from Marche-les-Dames to NamurNew registered office: 3 avenue Albert 1er, 5000 Namur · Previous registered office: Rue de Gelbressée 19, 5024 Marche-les-Dames (Namur) · Board meeting of 31-12-20212 points ▸
  • Board meeting, 31-12-2021
  • Registered-office move, 3 avenue Albert 1er, 5000 Namur

Open the deed in the Belgian Official Gazette

4 directors appointed, 1 resignationResignation: EPERFORMANCES SRL · Appointments: EnerGTech, AVISION, MBGS and NKCS · Permanent representatives: Grégoire Thunis, Arnaud Vierendeel, Matthieu Ghins and Nicolas Kunkera · General meeting of 03-12-202113 points ▸
  • General meeting, 03-12-2021
  • Director resignation, EPERFORMANCES SRL
  • Director appointment, EnerGTech
  • Permanent representative, Grégoire Thunis (représentant pour exercice mandat administrateur)
  • Director appointment, AVISION
  • Permanent representative, Arnaud Vierendeel (représentant pour exercice mandat administrateur)
  • Director appointment, MBGS
  • Permanent representative, Matthieu Ghins (représentant pour exercice mandat administrateur)
  • Director appointment, NKCS
  • Permanent representative, Nicolas Kunkera (représentant pour exercice mandat administrateur)
  • Board meeting, 03-12-2021
  • Power of attorney, EnerGTech, mentioned twice in the deed
  • Power of attorney, AVISION, mentioned twice in the deed

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2020 filed PDFfull format · 15 days before the deadline
2020
Annual accounts 2019 filed PDFfull format · 14 days before the deadline
2019
Annual accounts 2018 filed PDFfull format · 19 days before the deadline
2018
Annual accounts 2017 filed PDFfull format · 14 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 13 days before the deadline
2016
Back to profit net €23,074 The net result is €23,074, after one loss-making year.
Annual accounts 2015 filed PDFfull format · 30 days before the deadline
2015
Weakest financial year net -€362 The net result drops to -€362, the lowest from 2011 to 2025. It recovers the following year.
Annual accounts 2014 filed PDFfull format · 3 days before the deadline
2014
Equity above €200,000 equity €205,335 ▲17.4% With a profit in every financial year since 2011, equity grows to €205,335.
Annual accounts 2013 filed PDFfull format · 35 days before the deadline
2013
Equity above €150,000 equity €174,841 ▲280% With a profit in every financial year since 2011, equity grows to €174,841.
Annual accounts 2012 filed PDFfull format · 36 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · on the deadline day
2010
First establishment Avenue Albert 1er 3, Namur
Incorporation PDFpublished on 05-07-2010

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 1 July 2010, ISOLUTION was incorporated.1 In 2022 the registered office moved to Namur.2 ISOPROFIL was merged into the company in 2026.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 25-01-2022
  3. 3Belgian Official Gazette, 07-08-2026

Company details

Identity

Enterprise number
0827.451.669
VAT number
BE 0827.451.669
Peppol ID
0208:0827451669
Other Peppol ID
9925:BE0827451669
Legal form
Private limited company
Status
Active, normal situation
Founded
01-07-2010
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 14:00
deed of 31-07-2023 (in French)
Peppol
Reachable since 30-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ISOLUTION in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 31-07-2023 (in French)

Activities

NACEBEL 2025
VAT activities
43230 Insulation installation main activity
Social security (RSZ) activities
43230 Insulation installation main activity
Joint committees annual accounts 2025
JC 124 Construction
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
43291 Specialised construction activities main activity
43390 Specialised construction activities
Social security (RSZ) activities
43291 Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“La sous-traitance dans le secteur de la rénovation énergétique, notamment dans le placement de châssis; La sous-traitance des travaux de…”
14 activities
  1. La sous-traitance dans le secteur de la rénovation énergétique, notamment dans le placement de châssis.
  2. La sous-traitance des travaux de couverture, de façades et de charpentes.
  3. Les travaux d'isolations (tant intérieur qu'extérieur) des bâtiments résidentiels, tertiaires, industriels, publics,...dans les domaines de la rénovation et du bâtiment neuf. Différentes techniques seront utilisées et principalement l'insufflation, le soufflage d'isolants en fibres naturelles végétales (ouate de cellulose, fibres de bois) et minérales (laine de verre et roche). Les techniques mises en œuvre dépendront des choix établis par les architectes des projets ou des particuliers suite à un audit énergétique et permettront d'offrir une réponse optimale aux cas singuliers rencontrés.
  4. La réalisation de travaux de poses de divers systèmes producteurs d'énergies renouvelables tels que panneaux photovoltaïques, solaires, pompes à chaleurs.
  5. La réalisation de travaux de pose de divers système d'HVAC.
  6. Divers travaux de finitions (plafonnage, maçonneries, pose de châssis, ...) des bâtiments pourront être également réalisés.
  7. L'ensemble de ces travaux pourra être sous-traités en fonction des besoins.
  8. La société pourra également sous-traiter des études énergétiques et techniques pour assurer un service global aux clients.
  9. La constitution et la valorisation d'un patrimoine immobilier, tant en immeubles qu'en droits réels immobiliers, notamment l'achat, la vente, l'échange, la négociation, la transaction, la gestion, le leasing, la location meublée ou non tant en qualité de bailleur que de locataire, le lotissement, l'expertise, la revente, courtage, la promotion, de tous biens immobiliers et en général de quelque nature, situés en Belgique ou à l'étranger.
  10. L'acquisition, l'administration, la vente ou l'échange de tout droit mobilier et de toute valeur mobilière, compris notamment la constitution et la gestion d'un portefeuille de valeurs mobilières pour son compte propre uniquement.
  11. Consentir tous prêts, crédits et avances sous quelque forme que ce soit et pour quelque durée que ce soit, à toutes entreprises affiliées ou dans laquelle la société possède une participation.
  12. La réalisation d'intermédiaire commercial ou d'apporteurs d'affaires dans le cadre de crédit sous quelque forme que ce soit.
  13. Se voir octroyer, sous quelque forme que ce soit et pour quelque durée que ce soit, tous prêts, crédits et avances par toute personne physique ou morale dans le cadre de ses activités.
  14. Donner caution, aval ou toutes garanties généralement quelconques, tant pour ses propres engagements que pour les engagements de tiers, entre autres en donnant ses biens en hypothèque ou en gage, y compris son fonds de commerce.
deed of 07-08-2026 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Avenue Albert 1er 3 registered office 5000 Namur 01-10-2010 2.192.835.844
1 former office
  • 5024 Marche-les-Dames (Namur) until 31-12-2021 · deed of 25-01-2022

Buildings and parcels at the address

Ground area
4,221 m²
Buildings
3,503 m²
Volume, LiDAR
23,565 m³
Tallest building
10.3 m
Buildings to scale, each on its own parcel
3,502 m², 10.3 m 3,502 m², 10.3 m

Location

registered office establishment The establishment unit on the map
10 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
92094B0267/00B0064,221 m² 1 · 3,502 m² 10.3 m · 2

Recognitions

Recognised contractor

10 categories
ISOLUTION SRLapproval number 33644
  • D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
  • D5 General joinery, timber roof trusses and stairsclass 1, up to €162,000
  • D8 Asphalt and similar roof coverings, waterproofingclass 1, up to €162,000
  • D10 Tilingclass 1, up to €162,000
  • D11 Plastering and renderingclass 1, up to €162,000
  • D12 Non-metal, non-asphalt roof coveringsclass 1, up to €162,000
  • D13 Paintingclass 1, up to €162,000
  • D18 Ventilation, warm-air heating and air conditioningclass 1, up to €162,000
Show all 10 categories
  • D21 Cleaning and restoring facadesclass 1, up to €162,000
  • D22 Metal roofing and zinc workclass 1, up to €162,000
decision 16-03-2026

Contact

E-mail info@isolution.be establishment in Namur
Phone +32 81 41 40 44 establishment in Namur

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0827.451.669