ISOPROC
ActiveISOPROC has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.14M and a net result of €456k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 3571 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▲+3
Solvency97▲+1
Growth75▼-2
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 2.09 in 2023), and 43.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
56.2%
Return on assets
6.2%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
9 d early
2022
27 d early
2021
2 d late
2020
31 d early
2019
33 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€12.89M▲ 5.2%
2023 · €12.26M
2020: €8.48M
2021: €10.53M
2022: €11.49M
2023: €12.26M
2020 → 2024
EBIT margin
4.1%▼ 0.1pp
2023 · 4.1%
2020: 8.3%
2021: 7.6%
2022: 5.7%
2023: 4.1%
2020 → 2024
Net result
€456k▲ 20.6%
2023 · €378k
2018: €224k
2019: €109k
2020: €478k
2021: €571k
2022: €523k
2023: €378k
2018 → 2024
Working capital
€1.70M▲ 25.5%
2023 · €1.35M
2018: €418k
2019: €-272k
2020: €561k
2021: €1.05M
2022: €1.16M
2023: €1.35M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€8.48M-€10.53M▲ 24.2%€11.49M▲ 9.1%€12.26M▲ 6.7%€12.89M▲ 5.2%
Equity€2.31M-€2.87M▲ 24.0%€3.35M▲ 16.8%€3.70M▲ 10.7%€4.14M▲ 11.9%
Operating result€700k-€801k▲ 14.4%€660k▼ 17.6%€507k▼ 23.2%€525k▲ 3.6%
Net result€478k-€571k▲ 19.5%€523k▼ 8.4%€378k▼ 27.7%€456k▲ 20.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 4% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.38M
Fixed assets
€4.40M▼ 1.6%
Current assets
€2.98M▲ 15.0%
Equity and liabilities €7.38M
Equity
€4.14M▲ 11.9%
Debt
€3.23M▼ 3.7%
The debt ratio falls from 47.5% to 43.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€925k▲
2023 · €838k
Cash flow
€856k▲
2023 · €709k
Solvency
56.2%▲
2023 · 52.5%
Current ratio
2.32▲
2023 · 2.09
Quick ratio
2.18▲
2023 · 1.97
Debt / equity
0.78▼
2023 · 0.91
ROE
11.0%▲
2023 · 10.2%
ROA
6.2%▲
2023 · 5.4%
Interest coverage
15.45▲
2023 · 12.71
Debt
€3.23M▼
2023 · €3.36M
Debt ≤ 1 year
€1.28M▲
2023 · €1.24M
Debt > 1 year
€1.89M▼
2023 · €2.11M
Income taxes
€94k▼
2023 · €138k
Staff costs
€1.89M▲
2023 · €1.82M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€7.06M€7.38M▲
Fixed assets21/28€4.47M€4.40M▼
Intangible fixed assets21€110k€191k▲
Tangible fixed assets22/27€3.78M€3.62M▼
Land and buildings22€3.39M€3.19M▼
Plant, machinery and equipment23€198k€248k▲
Furniture and vehicles24€191k€177k▼
Financial fixed assets28€580k€586k▲
Affiliated companies280/1€580k€580k=
Participating interests280€580k€580k=
Other financial fixed assets284/8€250€6k▲
Amounts receivable and cash guarantees285/8€250€6k▲
Current assets29/58€2.59M€2.98M▲
Stocks and contracts in progress3€150k€184k▲
Stocks30/36€150k€184k▲
Goods purchased for resale34€150k€184k▲
Amounts receivable within one year40/41€1.06M€1.02M▼
Trade receivables40€667k€721k▲
Other amounts receivable41€394k€296k▼
Current investments50/53-€1.31M
Other investments51/53-€1.31M
Cash at bank and in hand54/58€1.37M€299k▼
Deferred charges and accrued income490/1€9k€170k▲
Equity and liabilities
Total equity and liabilities10/49€7.06M€7.38M▲
Equity10/15€3.70M€4.14M▲
Contributions10/11€80k€80k=
Outside capital11€80k€80k=
Other1109/19€80k€80k=
Reserves13€27k€27k=
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€3.33M€3.78M▲
Investment grants15€270k€253k▼
Amounts payable17/49€3.36M€3.23M▼
Amounts payable after more than one year17€2.11M€1.89M▼
Financial debts170/4€2.11M€1.89M▼
Credit institutions173€2.11M€1.89M▼
Amounts payable within one year42/48€1.24M€1.28M▲
Current portion of amounts payable after more than one year42€210k€213k▲
Trade debts44€141k€42k▼
Suppliers440/4€141k€42k▼
Taxes, remuneration and social security45€424k€618k▲
Taxes450/3€121k€262k▲
Remuneration and social security454/9€303k€356k▲
Other amounts payable47/48€464k€410k▼
Accrued charges and deferred income492/3€9k€55k▲
Income statement
Code20232024
Operating income70/76A€12.60M€13.57M▲
Turnover70€12.26M€12.89M▲
Other operating income74€349k€682k▲
Operating charges60/66A€12.10M€13.04M▲
Goods for resale, raw materials and consumables60€8.67M€9.44M▲
Purchases600/8€8.70M€9.47M▲
Change in stocks: decrease (increase)609€-34k€-34k▼
Services and other goods61€1.21M€1.24M▲
Remuneration, social security and pensions62€1.82M€1.89M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€331k€400k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€-55k▼
Other operating charges640/8€53k€130k▲
Operating profit (loss)9901€507k€525k▲
Financial income75/76B€252k€269k▲
Recurring financial income75€252k€269k▲
Income from current assets751€12k€30k▲
Other financial income752/9€240k€239k▼
Financial charges65/66B€243k€244k▲
Recurring financial charges65€243k€244k▲
Debt charges650€66k€60k▼
Other financial charges652/9€177k€184k▲
Profit (loss) for the period before taxes9903€516k€550k▲
Income taxes67/77€138k€94k▼
Taxes670/3€138k€94k▼
Profit (loss) for the period9904€378k€456k▲
Profit (loss) for the period to be appropriated9905€378k€456k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.33M€3.78M▲
Profit (loss) brought forward from the previous period14P€2.95M€3.33M▲
Profit to be distributed694/7€4k-
Employees696€4k-
Social balance
Average headcount (FTE)908721.920.9▼
The notes to these accounts (64 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 2 days late
2021
31-12
Financial
Highest result since 2018net €571k ▲19.5%
Operating result €801k, net result €571k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €2MEq €2.31M ▲52.7%
3 profitable years in a row build equity to €2.31M.
28-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €109k ▼51.1%
Net result drops to €109k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Mechelen · 2 establishment units since 2001
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.
Boterstraat(HOM) 232811 MechelenGround area
1.2 ha
Building footprint
2,791 m²
Volume, LiDAR
9,214 m³
3 parcels, Flanders, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Isoproc
since 20012.100.183.622
Isoproc
since 20172.261.472.450
3 parcels
Flanders
2
(66.7%)
Wallonia
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91001D0175/00M002 | Wallonia | 7,265 m² | 1 · 1,361 m² | - |
| 12016B0467/00B004 | Flanders | 4,517 m² | 1 · 1,309 m² | 9.4 m · 2 fl. |
| 12016B0467/00T003 | Flanders | 700 m² | 1 · 121 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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 · 8 entries · 60,071 EUR awarded · 10,502 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 51,789 EUR | 2,447 EUR |
| 2024 | 2 | 1,060 EUR | 1,133 EUR |
| 2023 | 2 | 5,960 EUR | 5,960 EUR |
| 2022 | 2 | 1,262 EUR | 962 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
K.R.B.
BE 0421.879.724
Rijkevorsel · Eq €4.15M
Vanotex
BE 0415.182.170
Deinze · Eq €4.16M
Recuperatie- en Transportmaatschappij
BE 0419.626.948
Gent · Eq €4.28M
BRUSSELS RECYCLING METAL
BE 0479.088.344
Brussel · Eq €4.29M
MARTENS-MTD ANTWERPEN
BE 0862.353.655
Antwerpen · Eq €4.31M
Of 974 companies in sector 38210 we hold annual accounts for 582. 343 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2001
Fiscal year end31-12
Activities, NACEBEL
38210Materials recovery from waste
38323Waste collection, recovery and disposal activities
43230Insulation installation
43291Specialised construction activities
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
43410Roofing work
45220
45421
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.