ISOREX
ActiveISOREX has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.07M and a net result of €42k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 7971 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+19
Solvency91▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 8.75 against 7.94 in 2024; short-term debt: 9.2% and cash: 0.6% of total assets), and 34.1% 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 2025Solvency, return and age of the figures
Solvency
65.9%
Return on assets
2.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
30 d late
2023
30 d late
2022
30 d late
2021
24 d late
2020
52 d late
2019
91 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.07M▲ 4.0%
2024 · €1.03M
2018: €832k
2019: €670k
2020: €821k
2021: €951k
2022: €1.07M
2023: €1.02M
2024: €1.03M
2018 → 2025
Total assets
€1.63M▲ 6.0%
2024 · €1.54M
2018: €1.88M
2019: €1.68M
2020: €1.69M
2021: €1.68M
2022: €1.77M
2023: €1.61M
2024: €1.54M
2018 → 2025
Net result
€42k▲ 437%
2024 · €8k
2018: €-164k
2019: €-162k
2020: €151k
2021: €130k
2022: €115k
2023: €27k
2024: €8k
2018 → 2025
Working capital
€1.16M▲ 15.0%
2024 · €1.01M
2018: €751k
2019: €591k
2020: €805k
2021: €896k
2022: €1.02M
2023: €930k
2024: €1.01M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€951k-€1.07M▲ 12.0%€1.02M▼ 3.9%€1.03M▲ 0.7%€1.07M▲ 4.0%
Operating result€141k-€160k▲ 13.7%€35k▼ 77.9%€7k▼ 80.5%€59k▲ 753%
Net result€130k-€115k▼ 11.8%€27k▼ 76.6%€8k▼ 70.6%€42k▲ 437%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 753% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.63M
Fixed assets
€316k▼ 16.8%
Current assets
€1.31M▲ 13.5%
Equity and liabilities €1.63M
Equity
€1.07M▲ 4.0%
Debt
€555k▲ 10.0%
The debt ratio rises from 32.9% to 34.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€129k▲
2024 · €73k
Cash flow
€113k▲
2024 · €74k
Solvency
65.9%▼
2024 · 67.1%
Current ratio
8.75▲
2024 · 7.94
Quick ratio
2.82▲
2024 · 2.22
Debt / equity
0.52▲
2024 · 0.49
ROE
3.9%▲
2024 · 0.8%
ROA
2.6%▲
2024 · 0.5%
Interest coverage
6.02▲
2024 · 4.07
Debt
€555k▲
2024 · €505k
Debt ≤ 1 year
€150k▲
2024 · €145k
Debt > 1 year
€390k▲
2024 · €347k
Income taxes
€22k▲
2024 · €8k
Staff costs
€225k▼
2024 · €238k
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€1.54M€1.63M▲
Fixed assets21/28€380k€316k▼
Tangible fixed assets22/27€380k€316k▼
Land and buildings22€286k€249k▼
Plant, machinery and equipment23€19k€12k▼
Furniture and vehicles24€76k€55k▼
Financial fixed assets28€135€135=
Current assets29/58€1.16M€1.31M▲
Stocks and contracts in progress3€833k€889k▲
Stocks30/36€833k€889k▲
Amounts receivable within one year40/41€305k€401k▲
Trade receivables40€257k€356k▲
Other amounts receivable41€48k€45k▼
Cash at bank and in hand54/58€11k€10k▼
Deferred charges and accrued income490/1€6k€11k▲
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.63M▲
Equity10/15€1.03M€1.07M▲
Contributions10/11€299k€295k▼
Reserves13€732k€777k▲
Tax-exempt reserves132€44k€44k=
Distributable reserves133€688k€734k▲
Amounts payable17/49€505k€555k▲
Amounts payable after more than one year17€347k€390k▲
Financial debts170/4€347k€390k▲
Amounts payable within one year42/48€145k€150k▲
Trade debts44€78k€80k▲
Suppliers440/4€78k€80k▲
Taxes, remuneration and social security45€40k€42k▲
Taxes450/3€17k€13k▼
Remuneration and social security454/9€23k€30k▲
Other amounts payable47/48€28k€28k▼
Accrued charges and deferred income492/3€13k€15k▲
Income statement
Code20242025
Remuneration, social security and pensions62€238k€225k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€71k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€99€6k▲
Other operating charges640/8€29k€30k▲
Gross operating margin9900€340k€390k▲
Operating profit (loss)9901€7k€59k▲
Financial income75/76B€27k€27k▲
Recurring financial income75€27k€27k▲
Financial charges65/66B€18k€21k▲
Recurring financial charges65€18k€21k▲
Profit (loss) for the period before taxes9903€15k€64k▲
Income taxes67/77€8k€22k▲
Profit (loss) for the period9904€8k€42k▲
Profit (loss) for the period to be appropriated9905€8k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€42k▲
Transfer from equity791/2€860€860=
Transfer to equity691/2€8k€42k▲
To other reserves6921€8k€42k▲
Profit to be distributed694/7€860€860=
Return on contributions (dividend)694€860€860=
Social balance
Average headcount (FTE)90876.46.3▼
The notes to these accounts (8 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Equity above €1MEq €1.07M ▲12%
3 profitable years in a row build equity to €1.07M.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 52 days late
2020
31-12
Financial
Back to profitnet €151k
Net result €151k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 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, Gavere · 1 establishment unit since 1978
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.
Stationsstraat 1909890 GavereGround area
493 m²
Building footprint
170 m²
Volume, LiDAR
1,049 m³
Parcel 44003A0506/00H002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stationsstraat 190, 9890 Gavere
since 19782.014.811.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44003A0506/00H002indicative | Flanders | 493 m² | 1 · 170 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel 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 · 4 entries · 2,424 EUR awarded · 2,424 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 401 EUR | 401 EUR |
| 2024 | 1 | 1,500 EUR | 1,500 EUR |
| 2023 | 1 | 464 EUR | 464 EUR |
| 2022 | 1 | 59 EUR | 59 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvalsBestuurder interne transportmiddelen duaal (so)
Logistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Similar companies · same sector, comparable size
CARRELAGES DISCOUNT
BE 0461.094.646
Seraing · Eq €1.07M
Ets Honnay - Scohy
BE 0419.233.604
Jemeppe-sur-Sambre · Eq €1.07M
BUILDING AND ROOF MANAGEMENT
BE 0895.079.475
Herzele · Eq €1.07M
B&M TEGELIMPORT
BE 0842.194.085
Genk · Eq €1.08M
BELGIAN TILE CENTRE
BE 0860.811.850
Aalter · Eq €1.07M
Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 998 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-1978
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
51532
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.