REMOVE INSUL
ActiveSummary
REMOVE INSUL has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €882,287 and a net result of -€13,537. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 2075 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 7 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
History
On 23 September 1994, REMOVE INSUL was incorporated.1 In 2026 the registered office moved to Verrebroek.2 Of the 3 current board members, ANFI Services BV has served longest, since 2020.3 Revenue went from EUR 1.5 million in 2019 to EUR 1.1 million in 2025 and headcount from 17.1 to 7.5 full-time equivalents.4
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €1.4m | €1.5m | €1.4m | €1.1m | ▼ 19.8% |
| Turnover70 | €1.4m | €1.3m | €1.5m | €1.4m | €1.1m | ▼ 19.9% |
| Other operating income74 | - | €86,392 | €3,022 | €485 | €1,550 | ▲ 219% |
| Operating charges60/66A | - | €1.3m | €1.5m | €1.3m | €1.2m | ▼ 9.5% |
| Goods for resale, raw materials and consumables60 | - | €420,756 | €753,754 | €662,847 | €578,165 | ▼ 12.8% |
| Purchases600/8 | - | €441,230 | €731,714 | €661,458 | €579,772 | ▼ 12.3% |
| Change in stocks: decrease (increase)609 | - | -€20,475 | €22,040 | €1,389 | -€1,607 | ▼ 216% |
| Services and other goods61 | - | €331,246 | €307,363 | €332,112 | €270,287 | ▼ 18.6% |
| Remuneration, social security and pensions62 | - | €526,707 | €395,869 | €310,858 | €321,444 | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,014 | €7,972 | €5,405 | €4,700 | €7,955 | ▲ 69.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€7,805 | €16,687 | -€8,467 | €2,225 | ▲ 126% |
| Other operating charges640/8 | - | €4,891 | €4,935 | €8,247 | €5,529 | ▼ 33.0% |
| Operating profit (loss)9901 | €167,001 | €72,707 | €14,450 | €105,990 | -€49,332 | ▼ 147% |
| Financial income75/76B | - | €5,953 | €27,551 | €36,413 | €37,445 | ▲ 2.8% |
| Recurring financial income75 | €18,108 | €5,953 | €27,551 | €36,413 | €37,445 | ▲ 2.8% |
| Income from current assets751 | - | €5,953 | €27,530 | €36,411 | €37,426 | ▲ 2.8% |
| Other financial income752/9 | - | - | €21 | €2 | €19 | ▲ 654% |
| Financial charges65/66B | - | €5,394 | €995 | €1,115 | €1,425 | ▲ 27.7% |
| Recurring financial charges65 | €6,262 | €5,394 | €995 | €1,115 | €1,425 | ▲ 27.7% |
| Debt charges650 | €5,422 | €2,519 | €232 | - | €328 | - |
| Other financial charges652/9 | - | €2,875 | €763 | €1,115 | €1,097 | ▼ 1.7% |
| Profit (loss) for the period before taxes9903 | €178,847 | €73,266 | €41,006 | €141,288 | -€13,312 | ▼ 109% |
| Income taxes67/77 | €49,918 | €20,380 | €14,878 | €35,956 | €225 | ▼ 99.4% |
| Taxes670/3 | - | €21,117 | €14,878 | €37,350 | €225 | ▼ 99.4% |
| Tax adjustments and reversals of tax provisions77 | - | €737 | - | €1,394 | - | - |
| Profit (loss) for the period9904 | €128,928 | €52,886 | €26,127 | €105,332 | -€13,537 | ▼ 113% |
| Profit (loss) for the period to be appropriated9905 | €128,928 | €52,886 | €26,127 | €105,332 | -€13,537 | ▼ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.2m | €1.2m | €1.2m | €1.2m | ▲ 0.9% |
| Fixed assets21/28 | €637,630 | €15,841 | €10,435 | €17,985 | €55,031 | ▲ 206% |
| Intangible fixed assets21 | €6,523 | €2,131 | €304 | €11,433 | €13,828 | ▲ 20.9% |
| Tangible fixed assets22/27 | €12,826 | €9,246 | €5,667 | €2,088 | €36,738 | ▲ 1,660% |
| Plant, machinery and equipment23 | - | €9,246 | €5,667 | €2,088 | €36,738 | ▲ 1,660% |
| Financial fixed assets28 | €618,281 | €4,464 | €4,464 | €4,464 | €4,464 | = |
| Other financial fixed assets284/8 | - | €4,464 | €4,464 | €4,464 | €4,464 | = |
| Amounts receivable and cash guarantees285/8 | - | €4,464 | €4,464 | €4,464 | €4,464 | = |
| Current assets29/58 | €456,648 | €1.2m | €1.2m | €1.2m | €1.2m | ▼ 2.1% |
| Stocks and contracts in progress3 | €76,108 | €113,802 | €75,075 | €82,153 | €81,534 | ▼ 0.8% |
| Stocks30/36 | - | €113,802 | €75,075 | €82,153 | €81,534 | ▼ 0.8% |
| Raw materials and consumables30/31 | - | €36,819 | €13,475 | €16,206 | €15,401 | ▼ 5.0% |
| Goods purchased for resale34 | - | €76,982 | €61,600 | €65,947 | €66,133 | ▲ 0.3% |
| Amounts receivable within one year40/41 | €380,541 | €1.1m | €1.0m | €1.1m | €1.0m | ▼ 3.4% |
| Trade receivables40 | - | €208,774 | €303,709 | €152,673 | €264,859 | ▲ 73.5% |
| Other amounts receivable41 | - | €880,016 | €701,730 | €927,740 | €778,801 | ▼ 16.1% |
| Deferred charges and accrued income490/1 | - | - | €104,486 | €57,947 | €69,348 | ▲ 19.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.2m | €1.2m | €1.2m | €1.2m | ▲ 0.9% |
| Equity10/15 | €711,479 | €764,365 | €790,492 | €895,824 | €882,287 | ▼ 1.5% |
| Contributions10/11 | €312,000 | €312,000 | €312,000 | €312,000 | €312,000 | = |
| Capital10 | - | €312,000 | €312,000 | €312,000 | €312,000 | = |
| Issued capital100 | - | €312,000 | €312,000 | €312,000 | €312,000 | = |
| Reserves13 | €31,200 | €31,200 | €31,200 | €31,200 | €31,200 | = |
| Non-distributable reserves130/1 | - | €31,200 | €31,200 | €31,200 | €31,200 | = |
| Legal reserve130 | - | €31,200 | €31,200 | €31,200 | €31,200 | = |
| Profit (loss) carried forward14 | €368,279 | €421,165 | €447,292 | €552,624 | €539,087 | ▼ 2.4% |
| Amounts payable17/49 | €382,800 | €454,068 | €404,943 | €342,674 | €367,285 | ▲ 7.2% |
| Amounts payable within one year42/48 | €358,015 | €357,837 | €388,366 | €327,547 | €352,158 | ▲ 7.5% |
| Trade debts44 | €214,713 | €245,204 | €296,549 | €230,058 | €282,305 | ▲ 22.7% |
| Suppliers440/4 | - | €245,204 | €296,549 | €230,058 | €282,305 | ▲ 22.7% |
| Taxes, remuneration and social security45 | - | €112,632 | €91,817 | €97,489 | €69,853 | ▼ 28.3% |
| Taxes450/3 | - | €50,624 | €35,273 | €36,256 | €7,314 | ▼ 79.8% |
| Remuneration and social security454/9 | - | €62,008 | €56,544 | €61,233 | €62,539 | ▲ 2.1% |
| Accrued charges and deferred income492/3 | - | €96,232 | €16,577 | €15,127 | €15,127 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €128,928 | €52,886 | €26,127 | €105,332 | -€13,537 | ▼ 113% |
| + Depreciation and write-downs630 | €12,014 | €7,972 | €5,405 | €4,700 | €7,955 | ▲ 69.2% |
| Operating cash flow (approximation) | €140,943 | €60,858 | €31,533 | €110,032 | -€5,582 | ▼ 105% |
| Investment in fixed assets (approximation) | - | €613,817 | €0 | -€12,250 | -€45,000 | ▼ 267% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
12-02
State Gazette act
Registered office · Statutes amendmentRegistered-office move · Capital4 facts ▸
- General meeting, 27-01-2026
- Registered-office move, 9130 Verrebroek, Havinkbeekstraat 9
- Statutes amendment
- Capital, €312.000
25-10
State Gazette act
Resignations & appointmentsPower of attorney9 facts ▸
- Board meeting
- Power of attorney, Raf De Cort
- Power of attorney, Patrick Janssens
- Power of attorney, Geert Killemaes
- Power of attorney, Steven Beyers
- Power of attorney, Patrick Breyne
- Power of attorney, Myniam Daenen
- Power of attorney, AIA (Altrad Investment Authority)
- Power of attorney, Heidi Demeuter
27-09
State Gazette act
Resignation: Maeco Solutions BV (director)Appointments: @BPF BV (director) and DANFI Services BV (managing director) · Permanent representatives: Geert Killemaes and Patrick Breyne · Director discharge18 facts ▸
- General meeting, 17-08-2022
- Director resignation, Maeco Solutions BV (director)
- Director discharge, Maeco Solutions BV
- Director appointment, @BPF BV (director)
- Permanent representative, Geert Killemaes
- Mandate compensation, @BPF BV
- Board composition, DANFI Services BV (director)
- Permanent representative, Patrick Breyne
- Power of attorney, Johan Lagae
- Power of attorney, Els Bruls
- Board meeting, 17-08-2022
- Director resignation, Maeco Solutions BV (managing director)
- +6 further facts in this act
15-06
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Patrick Rottiers and Elie Janssens · Resignation: EY Bedrijfsrevisoren BV (statutory auditor) · Appointment: Grant Thornton bedrijfsrevisoren (statutory auditor)8 facts ▸
- General meeting, 25-06-2021
- Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Patrick Rottiers
- General meeting, 30-04-2022
- Director resignation, EY Bedrijfsrevisoren BV (statutory auditor)
- Director appointment, Grant Thornton bedrijfsrevisoren (statutory auditor)
- Permanent representative, Elie Janssens
- Power of attorney, Loyens en Loeff CVBA
Show earlier events
26-11
State Gazette act
Resignations: Louis Huetz (director) and Jan De Swert (director)Appointments: ANFI Services BV (director) and Maeco Solutions BV (director) · Permanent representatives: Patrick Breyne and Jan De Swert · Mandate compensation15 facts ▸
- General meeting, 16-09-2020
- Director resignation, Louis Huetz (director)
- Director resignation, Jan De Swert (director)
- Director appointment, ANFI Services BV (director)
- Director appointment, Maeco Solutions BV (director)
- Permanent representative, Patrick Breyne
- Permanent representative, Jan De Swert
- Board composition, ANFI Services BV (director)
- Board composition, Maeco Solutions BV (director)
- Mandate compensation, ANFI Services BV
- Mandate compensation, Maeco Solutions BV
- Board meeting, 16-09-2020
- +3 further facts in this act
31-01
State Gazette act
Reappointment: Ernst en Young Bedrijfsrevisoren BVCBA (statutory auditor)2 facts ▸
- General meeting, 2018-02
- Auditor reappointment, Ernst en Young Bedrijfsrevisoren BVCBA
24-09
State Gazette act
Resignation: Jagico BVBA (director)Appointment: Jan De Swert (director) · Mandate compensation6 facts ▸
- General meeting, 31-08-2018
- Director resignation, Jagico BVBA (director)
- Director appointment, Jan De Swert (director)
- Mandate compensation, Jan De Swert
- Board composition, Louis Huetz (director)
- Board composition, Jan De Swert (director)
11-01
State Gazette act
Resignation: Hugo Loudon (director)Appointment: Louis Huetz (director) · Permanent representative: Jan Vanderstraeten · Mandate compensation10 facts ▸
- General meeting, 09-12-2015
- Director resignation, Hugo Loudon (director)
- Director appointment, Louis Huetz (director)
- Mandate compensation, Louis Huetz
- Board composition, Louis Huetz (director)
- Board composition, Jagico BVBA (director)
- Permanent representative, Jan Vanderstraeten
- Board meeting, 09-12-2015
- Director appointment, Louis Huetz (managing director)
- Mandate compensation, Louis Huetz
26-10
State Gazette act
Resignation: Portier M&C BVBA (director)Appointment: Jagico BVBA (director) · Permanent representative: Jan Vanderstraeten · Mandate compensation10 facts ▸
- General meeting, 03-09-2015
- Director resignation, Portier M&C BVBA (director)
- General meeting, 03-09-2015
- Director appointment, Jagico BVBA (director)
- Mandate compensation, Jagico BVBA
- Board composition, Hugo Loudon (director)
- Board composition, Jagico BVBA (director)
- Permanent representative, Jan Vanderstraeten
- Board meeting, 03-09-2015
- Director resignation, Portier M&C BVBA (managing director)
30-09
State Gazette act
Statutes amendment4 facts ▸
- General meeting, 28-08-2015
- Statutes amendment, 24
- Statutes amendment, 18
- Statutes amendment, 6, 21
15-09
State Gazette act
Resignation: PricewaterhouseCoopers Bedrijfsrevisoren BV CVBA (statutory auditor)Permanent representatives: Peter Van den Eynde and Patrick Rottiers · Appointment: Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor)5 facts ▸
- General meeting, 24-08-2015
- Director resignation, PricewaterhouseCoopers Bedrijfsrevisoren BV CVBA (statutory auditor)
- Permanent representative, Peter Van den Eynde
- Director appointment, Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor)
- Permanent representative, Patrick Rottiers
04-03
State Gazette act
Resignations & appointmentsPower of attorney · Mandate compensation3 facts ▸
- Board meeting, 15-01-2015
- Power of attorney, Raf de Cort
- Mandate compensation, Raf de Cort
24-10
State Gazette act
Resignation: Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor)Appointment: PricewaterhouseCoopers Bedrijfsrevisoren BV CVBA (statutory auditor) · Permanent representative: Peter Van den Eynde4 facts ▸
- General meeting, 30-09-2014
- Director resignation, Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor)
- Auditor appointment, PricewaterhouseCoopers Bedrijfsrevisoren BV CVBA (statutory auditor)
- Permanent representative, Peter Van den Eynde
30-04
State Gazette act
Capital & shares · MiscellaneousShare consolidation1 fact ▸
- Share consolidation, verklaring dat alle aandelen in één hand verenigd zijn geweest
08-04
State Gazette act
Resignation: Filip de Graeve (director)Appointment: Hugo Loudon (director) · Permanent representative: Dirk Portier · Mandate compensation8 facts ▸
- General meeting, 03-03-2014
- Director resignation, Filip de Graeve (director)
- Director appointment, Hugo Loudon (director)
- Mandate compensation, Hugo Loudon
- Board composition, Portier M&C BVBA (director)
- Permanent representative, Dirk Portier
- Board meeting, 03-03-2014
- Power of attorney, Remove Insul
21-01
State Gazette act
Resignation: Filip de Grave (managing director)Appointment: Portier M&C B.V.B.A. (managing director) · Permanent representative: Dirk Portier · Mandate compensation6 facts ▸
- Board meeting, 16-09-2013
- Director resignation, Filip de Grave (managing director)
- Director appointment, Portier M&C B.V.B.A. (managing director)
- Permanent representative, Dirk Portier
- Mandate compensation, Portier M&C B.V.B.A.
- Mandate condition, mandaat van gedelegeerd bestuurder uitoefenen zolang het mandaat van bestuurder uitoefent, behoudens indien de raad van bestuur daarover anders zou beslissen
13-12
State Gazette act
Resignation: Hertel Services NV (director)Appointment: Portier M&C B.V.B.A. (director) · Permanent representative: Dirk Portier · Mandate compensation8 facts ▸
- General meeting, 16-09-2013
- Director resignation, Hertel Services NV (director)
- Director appointment, Portier M&C B.V.B.A. (director)
- Permanent representative, Dirk Portier
- Mandate compensation, Portier M&C B.V.B.A.
- Board composition, Filip de Graeve (director)
- Board composition, Portier M&C B.V.B.A. (director)
- Power of attorney, Remove Insul
27-07
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)2 facts ▸
- General meeting, 05-06-2012
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
09-06
State Gazette act
Resignations & appointmentsPower of attorney2 facts ▸
- Board meeting, 20-04-2010
- Power of attorney, Marc Ruys
Directors · office · real estate
Board 2
2 not recently confirmed
Day-to-day management 1
1 not recently confirmed
Permanent representatives 2
2 not recently confirmed
Statutory auditor 1
2 establishment units
3 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46027B0149/00B000 | Flanders | 3.6 ha | 1 · 712 m² | - |
| 45422C1140/00H000 | Flanders | 2.0 ha | 1 · 1.3 ha | 10.8 m · 2 fl. |
| 11050A0062/00Y003 | Flanders | 1.0 ha | 1 · 621 m² | 5.2 m · 1 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| ANFI Services BV |
|
| BPF BV |
|
| DANFI Services BV |
|
| Grant Thornton bedrijfsrevisoren |
|
| Portier M&C B.V.B.A. |
|
| JAGICO |
|
| Maeco Solutions BV |
|
| Ernst en Young Bedrijfsrevisoren BVCBA |
|
| Jan De Swert |
|
| Louis Huetz |
|
| Jagico BVBA |
|
| Hugo Loudon |
|
| Portier M&C BVBA |
|
| PricewaterhouseCoopers Bedrijfsrevisoren BV CVBA |
|
| Filip de Graeve |
|
| Filip de Grave |
|
| Hertel Services NV |
|
Articles of association
Full purpose
De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening als voor rekening van derden, alleen, in samenwerking of in medewerking: De onderneming voor bouw, herstel en onderhoud van de wegen, rioleringswerken, distributie van water en gas, het aanleggen van kabels en diverse kanalen-, buizen- en dradennetwerk, de installatie van wegsignalisatie en wegmarkeringen, de inrichting van speelpleinen, sportpleinen, parken en tuinen, het aanleggen van terrassen, de inrichting van steigers, het voegen of hervoegen en de reiniging van gevels, het plaatsen van omheiningen, de onderneming voor thermische en akoestische isolatie, de plaatsing van houten luiken, de onderneming voor ijzerwerk, metalen luiken en metalen schrijnwerk, de plaatsing van ventilatie en luchtverversing, verwarming met hete lucht, airconditioning en industriële leidingen, de onderneming van pleisterwerk, industriële verven, ontmossing van daken, de plaatsing van uitgeruste keukens, de plaatsing van kroonlijsten in PVC, de plaatsing van waterverzachters, werkplaats voor meubelmakerij, restauratie van meubelen, het stofferen en bekleden van niet-metalen meubelen, het inrichten van een naaiatelier voor het fabriceren van textiel- en in het bijzonder voor isolatiematrassen en isolatiematerialen, de onderneming gespecialiseerd in isolatie en in het algemeen alle activiteiten die verband houden met de constructie van onroerende goederen. De vennootschap mag alle commerciële, industriële en financiële, roerende en onroerende handelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar doel of de uitbating van haar onderneming kunnen bevorderen. Zij mag belangen nemen bij wijze van inbreng, fusie, onderschrijving, deelneming of financiële tussenkomst in alle ondernemingen, verenigingen of vennootschappen, bestaande of de te creëren, in België of in het buitenland en die geheel of gedeeltelijk eenzelfde of gelijkaardig doel hebben
Structure & network
Owners and holdings
2 ownersChain of control
- Altrad Logistics Benelux
- Altrad Services
- REMOVE INSUL
Highest known parent: Altrad Logistics Benelux. The sources do not say who stands above it.
Owners 2
-
99.99%
- Hertel Beheer BVNLSourceown accounts 31-08-20250.01%
Holdings 0
The accounts to 31-08-2025 list no holdings, and no other source names one.
According to the annual accounts to 31-08-2025 of REMOVE INSUL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
Capital and shareholders
- 12-02-2026 Capital stated in the act · 312,000 EUR · 750 shares
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.