Isoworx
ActiveIsoworx has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €853k and a net result of €578k. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+27
Solvency54▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.29 in 2024; short-term debt: 56.9% and cash: 29.6% of total assets), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
29.2%
Return on assets
19.8%
Age of the figures
9 mo
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 09-06-2026, 52 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
52 d early
2024
42 d early
2023
5 d early
2022
31 d early
2021
45 d early
2020
29 d early
2019
79 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€853k▲ 62.5%
2024 · €525k
2018: €38k
2019: €157k
2020: €296k
2021: €461k
2022: €531k
2023: €576k
2024: €525k
2018 → 2025
Total assets
€2.92M▲ 22.3%
2024 · €2.39M
2018: €207k
2019: €505k
2020: €950k
2021: €1.59M
2022: €1.99M
2023: €2.15M
2024: €2.39M
2018 → 2025
Net result
€578k▲ 481%
2024 · €99k
2018: €8k
2019: €119k
2020: €189k
2021: €166k
2022: €269k
2023: €45k
2024: €99k
2018 → 2025
Working capital
€641k▲ 62.9%
2024 · €393k
2018: €17k
2019: €109k
2020: €239k
2021: €340k
2022: €430k
2023: €454k
2024: €393k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€461k-€531k▲ 15.0%€576k▲ 8.5%€525k▼ 8.8%€853k▲ 62.5%
Operating result€261k-€327k▲ 25.4%€110k▼ 66.4%€194k▲ 76.3%€838k▲ 333%
Net result€166k-€269k▲ 62.5%€45k▼ 83.2%€99k▲ 120%€578k▲ 481%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 333% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.92M
Fixed assets
€618k▼ 1.8%
Current assets
€2.30M▲ 30.9%
Equity and liabilities €2.92M
Equity
€853k▲ 62.5%
Debt
€2.07M▲ 11.0%
The debt ratio falls from 78.0% to 70.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€895k▲
2024 · €276k
Cash flow
€636k▲
2024 · €181k
Solvency
29.2%▲
2024 · 22.0%
Current ratio
1.39▲
2024 · 1.29
Quick ratio
1.34▲
2024 · 1.22
Debt / equity
2.42▼
2024 · 3.54
ROE
67.7%▲
2024 · 18.9%
ROA
19.8%▲
2024 · 4.2%
Interest coverage
15.42▲
2024 · 5.15
Debt
€2.07M▲
2024 · €1.86M
Debt ≤ 1 year
€1.66M▲
2024 · €1.36M
Debt > 1 year
€404k▼
2024 · €489k
Income taxes
€208k▲
2024 · €43k
Staff costs
€1.27M▲
2024 · €1.26M
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€2.39M€2.92M▲
Fixed assets21/28€629k€618k▼
Intangible fixed assets21-€74k
Tangible fixed assets22/27€629k€544k▼
Land and buildings22€471k€454k▼
Plant, machinery and equipment23€13k€11k▼
Furniture and vehicles24€34k€8k▼
Leasing and similar rights25€110k€72k▼
Current assets29/58€1.76M€2.30M▲
Stocks and contracts in progress3€94k€77k▼
Stocks30/36€94k€77k▼
Amounts receivable within one year40/41€1.20M€1.34M▲
Trade receivables40€947k€1.02M▲
Other amounts receivable41€253k€328k▲
Cash at bank and in hand54/58€455k€865k▲
Deferred charges and accrued income490/1€8k€14k▲
Equity and liabilities
Total equity and liabilities10/49€2.39M€2.92M▲
Equity10/15€525k€853k▲
Contributions10/11€30k€30k=
Reserves13€3k€3k=
Non-distributable reserves130/1-€0
Reserves not available under the articles1311-€0
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€492k€820k▲
Amounts payable17/49€1.86M€2.07M▲
Amounts payable after more than one year17€489k€404k▼
Financial debts170/4€489k€404k▼
Amounts payable within one year42/48€1.36M€1.66M▲
Current portion of amounts payable after more than one year42€68k€60k▼
Financial debts43€558k€475k▼
Credit institutions430/8€558k€475k▼
Trade debts44€489k€721k▲
Suppliers440/4€489k€721k▲
Taxes, remuneration and social security45€98k€153k▲
Taxes450/3€26k€68k▲
Remuneration and social security454/9€72k€85k▲
Other amounts payable47/48€150k€250k▲
Accrued charges and deferred income492/3€9k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€826€3k▲
Remuneration, social security and pensions62€1.26M€1.27M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€57k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€11k€22k▲
Non-recurring operating charges66A€3k€2k▼
Gross operating margin9900€1.55M€2.19M▲
Operating profit (loss)9901€194k€838k▲
Financial income75/76B€3k€7k▲
Recurring financial income75€3k€7k▲
Financial charges65/66B€54k€58k▲
Recurring financial charges65€54k€58k▲
Profit (loss) for the period before taxes9903€143k€787k▲
Income taxes67/77€43k€208k▲
Profit (loss) for the period9904€99k€578k▲
Profit (loss) for the period to be appropriated9905€99k€578k▲
Appropriation of the result
Profit (loss) to be appropriated9906€642k€1.07M▲
Profit (loss) brought forward from the previous period14P€543k€492k▼
Profit to be distributed694/7€150k€250k▲
Return on contributions (dividend)694€150k€250k▲
Social balance
Average headcount (FTE)908722.219.4▼
The notes to these accounts (26 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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €578k ▲481%
Operating result €838k, net result €578k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €531k ▲15%
5 profitable years in a row build equity to €531k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €296k ▲88.2%
3 profitable years in a row build equity to €296k.
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €157k ▲316%
2 profitable years in a row build equity to €157k.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Genk · 1 establishment unit since 2017
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.
Wolfsbergstraat 633600 GenkGround area
3.4 ha
Building footprint
4,499 m²
Volume, LiDAR
30,826 m³
Parcel 71302A0002/00K033, Flanders · tallest building 22.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Isoworx J&S
since 20172.265.482.411
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0002/00K033 | Flanders | 3.4 ha | 1 · 4,499 m² | 22.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 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 · 9 entries · 21,431 EUR awarded · 21,262 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,484 EUR | 3,484 EUR |
| 2024 | 1 | 110 EUR | 324 EUR |
| 2023 | 3 | 13,110 EUR | 12,790 EUR |
| 2022 | 4 | 4,727 EUR | 4,664 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Recognised contractor
1 categoryIsoworx BV40631
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Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 561 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2017
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.