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isovent

Active
Private limited company (pre-2019)founded 201016 yrs activeKBO/BCE: BE 0824.318.272
Summary

The computed 12-month bankruptcy probability of isovent is 18.7% (high). The 2024 annual accounts show equity of €301,138 and a net result of €139,075. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 89% of 36365 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Overview

Activity
Insulation installation
NACE 43230NACE 43291
1 site
Size
€359,570total assets 2024
Equity
€301,138
Profit
€139,075
Turnover not published (abridged schema)
Financial health
20 Critical Checked score 2024
Bankruptcy chance 12 m
18.7%
Structure
Accounts 64 d overdue0 of 7 deeds read
Why 20- 2 changes of registered office in 24 months- Figures for FY 2024 (filed 08-05-2025)- Liquidity: current ratio 6.15, cash €2, halved- 2 ex-officio strike-offs in the KBOShow the evidence

Checked score

Score 2024
20 / 100
Critical
Probability in this band: over 15.0%
Better than 77% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 100=
equity 83.7% of total assets
Liquidity 46-12
short-term debt 16.3% · cash 0.0%
Profitability 100+80
return on assets 38.7%
Bankruptcy probability, 12 months
18.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,004 companies)
Last 22 months 01-2025: 3.9% 02-2025: 7.2%▲ +83.0% vs 01-2025 03-2025: 7.2%▼ -0.5% vs 02-2025 04-2025: 2.7%▼ -61.7% vs 03-2025lowest value 05-2025: 7.4%▲ +170% vs 04-2025 06-2025: 6.7%▼ -9.5% vs 05-2025 07-2025: 6.3%▼ -5.6% vs 06-2025 08-2025: 6.3%● 0.0% vs 07-2025 09-2025: 6.4%▲ +1.7% vs 08-2025 10-2025: 6.4%● 0.0% vs 09-2025 11-2025: 6.4%▼ -0.7% vs 10-2025 12-2025: 6.4%● 0.0% vs 11-2025 01-2026: 6.4%● 0.0% vs 12-2025 02-2026: 6.6%▲ +3.5% vs 01-2026 03-2026: 6.6%● 0.0% vs 02-2026 04-2026: 6.9%▲ +4.3% vs 03-2026 05-2026: 6.7%▼ -2.7% vs 04-2026 06-2026: 6.6%▼ -1.1% vs 05-2026 07-2026: 6.8%▲ +3.0% vs 06-2026 08-2026: 10.2%▲ +48.5% vs 07-2026 09-2026: 12.6%▲ +23.6% vs 08-2026 10-2026: 18.7%▲ +48.8% vs 09-2026highest value
  • 2 changes of registered office in 24 months raises the probability
  • Figures for FY 2024 (filed 08-05-2025) raises the probability
  • Liquidity: current ratio 6.15, cash €2, halved raises the probability
  • 2 ex-officio strike-offs in the KBO raises the probability
No credit on open account
Liquidity ample (current ratio 6.15 against 9.69 in 2023; short-term debt: 16.3% and cash: 0% of total assets), and 16.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 37%, profitability 93%, growth against the median 90%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 08-05-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 6.15, cash €2, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 2 ex-officio strike-offs in the KBO
In the bankruptcy model this factor raises the probability.
KBO publications
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 08-05-2025, 84 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
84 d early
2023
30 d late
2022
17 d late
2021
94 d late
2020
31 d late
2019
82 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 28 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struck×2
  1. Address struckBrusselsesteenweg 18 L’adresse du siège…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Address struckDa Vincilaan 1 1930 Die…

Key points

  • Positive: Result rose in 2024from €2,088 to €139,075 ▲ 6,562% View
  • Positive: Among the best 5% on net resultsector median €9,288 · 36,334 companies €139,075 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Positive: 7 profitable years in a rowprofit 2024: €139,075 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€359,570
Profit
€139,075
Solvency
83.7%
Total assets▲ 99.4%
Net result
20182024
Go to Financials

Timeline

Events
18
Since
2016
  1. 13-07-2026Address struck
  2. 08-05-2025Annual accounts filed
  3. 17-01-2025Address struck
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Insulation installationNACE 43230
Founded
25-03-2010
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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