Result
-€13,537 -€13,537
From profit to loss in 2025, after a profit of €105,332 in 2024.
REMOVE INSUL
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €2.1m (2014)
€1.1m▼ 19.9%
lowest -€316,346 (2008)
-€13,537▼ €118,869
peak €895,824 (2024)
€882,287▼ 1.5%
€367,285▲ 7.2%
peak 21.4 FTE (2016)
7.5 FTE▼ 25.0%
Board16 names since 2012all names
2 directors and 1 other
Owners5 names in the annual accounts
99.99% and 1 other
Documentsfilings and deeds
05-02-202654 days before the deadline
2025financial year
Turnover from €1.4m to €1.1mLoss of €13,537Staff from 10 FTE to 7.5 FTEInvestments €45,000
Key points
from the 2025 annual accountsInvestments
€45,000 5.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 1659.6% higher than in 2024.
Staff
7.5 FTE from 21.4 in 2016
Between 2016 and 2025, 65% of the full-time equivalents disappeared.
Payment terms
121 days to suppliers
REMOVE INSUL pays its suppliers 37 days later than in 2024. Customers pay 46 days later.
Filings
30 annual accounts since 1996
The last five annual accounts were filed 7 to 54 days before the end of the period.
Position in the sector
-€13,537
Lower net result than 86% of companies in specialised construction. Sector median €64,916 · 1,214 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,344 companies had the same profile as REMOVE INSUL has now. Each dot stands for 31 companies, two years later.
90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,344 companies, not a prediction for REMOVE INSUL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director,
Director,
Director, , since 14-07-2022
Auditor,
- 99.99%score equity €41.2m (2025) · annual accounts 31-08-2025
- 0.01%annual accounts 31-08-2025
Recent changes
Registered office moved from Wijnegem to Verrebroek
New registered office: Havinkbeekstraat 9, 9130 Verrebroek · Previous registered office: Bijkhoevelaan 14, 2110 Wijnegem · Registered office clause: Havinkbeekstraat 9, 9130 Verrebroek · Gazette deed
2 directors appointed, 1 resignation
Resignation: (managing director) · Appointments: and (managing director) · Permanent representatives: and · General meeting of 17-08-2022 · Gazette deed
Resignations & appointments
Reappointment: (statutory auditor) · Permanent representative: · Resignation: (statutory auditor) · General meeting of 30-04-2022 · Gazette deed
2 directors appointed, 2 resignations
Resignations: (managing director) and · Appointments: and (managing director) · Permanent representatives: and · General meeting of 16-09-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| REMOVE INSUL Beveren-Kruibeke-Zwijndrecht | €1.1m | -4.3% | 70.6% | 7.5 |
| ISOLATION NOUVELLE Grâce-Hollogne | €1.3m | 2.6% | 80.9% | 9 |
| ANDRE WARNIER-PAQUE Awans | €1.9m | 11.2% | 77.0% | 4.4 |
| CNOCKAERT Kruisem | - | - | 79.3% | 7.1 |
| PROLECO Lebbeke | - | - | 22.8% | 5 |
| ISOLATIEWERKEN DE ZUTTER Evergem | - | - | 65.1% | 7.4 |
| Recinco Dendermonde | €4.3m | 4.8% | 64.5% | 11 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as REMOVE INSUL: insulation installation (NACE 43230). They are comparable in size and age: total assets between €1m and €2.6m, founded between 1971 and 1990.
Official details
Source: KBO- Status
- Active since 23-09-1994Normal situation
- Activity
- Insulation installationNACE 43230and 2 others
- Joint committees
- 109Clothing and garment industry
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 31-08-2025
- Establishment units
- 2.068.897.2619600 Ronse, since 07-11-1994
- 2.137.013.0372110 Wijnegem, since 29-03-2004
- Financial year end
- 31 August
- Peppol
- Reachable
Annual accounts to 31-08-2025
- €1.2m▲ 0.9%
- Employeeson 31-08-2025
- 6▼ 25.0%
- Filing
- Filed on 05-02-2026, 54 days before the end of the filing period
Companies linked to REMOVE INSUL
Parent and group
Insights on REMOVE INSUL
REMOVE INSUL has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €882,287 and a net result of -€13,537.
Equity grew by about 7.3% per year on average since 2019. In 2025 it fell by 1.5%. Its solvency ranks better than 85% of 1,211 sector peers (NACE 43, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about REMOVE INSUL
- What is the company number of REMOVE INSUL?
- The company number of REMOVE INSUL is 0453.507.860. The VAT number is the same number with BE in front: BE 0453.507.860.
- Where is REMOVE INSUL based?
- The registered office is at Havinkbeekstraat 9, 9130 Beveren-Kruibeke-Zwijndrecht.Company details
- What does REMOVE INSUL do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of REMOVE INSUL?
- REMOVE INSUL is a public limited company (NV).
- When was REMOVE INSUL founded?
- REMOVE INSUL was founded on 23-09-1994.
- Is REMOVE INSUL still active?
- Yes, REMOVE INSUL is an active enterprise in the KBO register.
- How many employees does REMOVE INSUL have?
- REMOVE INSUL had an average of 7.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does REMOVE INSUL fall under?
- In its 31-08-2025 annual accounts, REMOVE INSUL states joint committees 109 (Clothing and garment industry), 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of REMOVE INSUL?
- The turnover of REMOVE INSUL was €1.1m in financial year 2025, according to the filed annual accounts.
- Is REMOVE INSUL profitable?
- In financial year 2025, REMOVE INSUL made a loss of €13,537.
- Where can I find the annual accounts of REMOVE INSUL?
- REMOVE INSUL filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of REMOVE INSUL due?
- REMOVE INSUL must file the annual accounts for financial year 2026 by 31-03-2027.Timeline
Next steps
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