Equity
€105,649 from €272,444 in 2020
Equity fell by 61% in 5 years.
SERTISOL
Lifetime
9 annual accounts with figures on one time axispeak €686,362 (2020)
€243,709▲ 5.0%
lowest -€168,960 (2023)
€6,093▼ 81.9%
peak €272,444 (2020)
€105,649▲ 6.1%
€41,520▼ 47.9%
peak 15.6 FTE (2021)
6 FTEunchanged
Board2 names since 2015
1 director
Documentsfilings and deeds
28-01-20263 days before the deadline
2025financial year
Result from €33,659 to €6,093Debts from €79,673 to €41,520
Key points
from the 2025 annual accountsTurnover
≈ €780,000 estimated
The accounts state no turnover.
Staff
6 FTE from 15.6 in 2021
Between 2021 and 2025, 62% of the full-time equivalents disappeared.
Liquidity
3.56 was 2.55 in 2024
Short-term debts fell from €63,949 to €41,079.
Filings
9 annual accounts 1 late
The 2022 accounts came 119 days late. The other eight were filed on time.
Position in the sector
71.8%
Higher solvency than 85% of companies in specialised construction. Sector median 40.0% · 1,211 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,902 companies had the same profile as SERTISOL has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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 10,902 companies, not a prediction for SERTISOL. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0644703372
Registered office moved from Charleroi to Jumet
New registered office: Zoning de Jumet, Avenue Centrale 55 à 6040 JUMET · Previous registered office: Avenue General 1 E boite 3 à 6000 CHARLEROI · Board meeting of 08-10-2021 · Gazette deed
Change of role: , from manager to director
General meeting of 26-05-2021 · Gazette deed
Resignation: (manager)
General meeting of 01-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SERTISOL Charleroi | €147,169 | €243,709 | 71.8% | 6 |
| ISOL-TOIT La Louvière | €221,057 | €199,817 | 9.5% | - |
| FM PROTEC Geraardsbergen | €482,288 | €273,894 | 17.6% | 6.9 |
| OXIRA Concept Ottignies-Louvain-la-Neuve | €64,399 | €458,986 | 53.0% | 10.2 |
| ISO DACA Walcourt | €161,687 | €216,083 | 12.9% | - |
| PLUIMERS ISOLATIE BELGIE Beersel | €161,378 | €214,919 | -606.4% | 7.6 |
| GYPROJECTS Aartselaar | €189,047 | €163,898 | 69.2% | - |
These companies have the same main activity as SERTISOL: insulation installation (NACE 43230). They are comparable in size and age: total assets between €64,400 and €482,000, founded between 2001 and 2016.
Official details
Source: KBO- Status
- Active since 21-12-2015Normal situation
- Activity
- Insulation installationNACE 43230and 3 others
- Establishment unit
- 2.251.344.0666040 Charleroi, since 21-12-2015
- Financial year end
- 30 June
- Peppol
- Reachable since 30-12-2025
Annual accounts to 30-06-2025
- €147,169▼ 17.9%
- Employeeson 30-06-2025
- 6=
- Filing
- Filed on 28-01-2026, 3 days before the end of the filing period
Insights on SERTISOL
SERTISOL has existed since 2015. The gross margin fell from €570,647 in 2022 to €179,885 in 2023 and staff from 12.4 to 9.3 full-time equivalents.
Solvency rose in 2025 from 55.5% to 71.8% because of the retained profit and lower debts.
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 SERTISOL
- What is the company number of SERTISOL?
- The company number of SERTISOL is 0644.703.372. The VAT number is the same number with BE in front: BE 0644.703.372.
- Where is SERTISOL based?
- The registered office is at Zoning de Jumet,avenue Centrale 55, 6040 Charleroi.Company details
- What does SERTISOL do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of SERTISOL?
- SERTISOL is a private limited company (BV).
- When was SERTISOL founded?
- SERTISOL was founded on 21-12-2015.
- Is SERTISOL still active?
- Yes, SERTISOL is an active enterprise in the KBO register.
- How many employees does SERTISOL have?
- SERTISOL had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SERTISOL?
- The turnover in financial year 2025 is ≈ €780,000. This figure is estimated from the gross margin of €243,709 and 41 comparable companies (NACE 432). It probably lies between €630,000 and €1.1m.
- Is SERTISOL profitable?
- In financial year 2025, SERTISOL made a profit of €6,093.
- Where can I find the annual accounts of SERTISOL?
- SERTISOL filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SERTISOL due?
- SERTISOL must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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