Skip to content

Green Leaf Topco

Group · 16 companies · 3 countries

Green Leaf Topco and the 15 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Parent's dossierFollow this group My exposure
Companies
16
14 in Belgium, 2 abroad
Countries
3
Belgium, Netherlands, Sweden
Total assets
€3.05bn
what the companies own together
Equity
€2.40bn
the shareholders' buffer
Net result
-€16.7m
profit or loss of the year
Staff (FTE)
146
in Belgium, social balance

Sum of the filed annual accounts of 14 of the 14 Belgian companies (fiscal years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Green Leaf Topco also files consolidated accounts (fiscal year 2025): the real group figures, with intra-group positions eliminated. Checked does not read their figures yet; the document is at the National Bank's Central Balance Sheet Office.

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

66/100 median score

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • Green Leaf Topco2 subsidiaries
    BE 0789.532.983Parent
    Healthy · 87€346.2m €345.2m 2025
    • Green Leaf Midco 11 subsidiary
      BE 0789.542.386100% per the accounts
      No verdict€344.8m €344.8m 2025
      • Green Leaf Midco 21 subsidiary
        BE 0789.544.960100% per the accounts
        No verdict€344.7m €344.7m 2025
        • Green Leaf Midco 31 subsidiary
          BE 0789.547.336100% per the accounts
          No verdict€344.7m €344.7m 2025
          • Green Leaf Midco 41 subsidiary
            BE 0789.552.878100% per the accounts
            No verdict€344.6m €344.6m 2025
            • Green Leaf Bidco1 subsidiary
              BE 0789.556.244100% per the accounts
              No verdict€422.5m €318.6m 2025
              • Isolstar Holding1 subsidiary
                BE 0685.428.328100% per the accounts
                No verdict€240.1m €185.1m 2025
                • IPCOM3 subsidiaries
                  BE 0827.868.868100% per the accounts
                  No verdict€487.5m €86.4m 2025
                  • TECHNICAS
                    BE 0405.765.252100% per the accountsInactive
                    Elevated€6.4m €5.2m 2025
                  • VERMEERSCH LOGISTICS1 subsidiary
                    BE 0476.409.263100% per the accounts
                    Fair · 59€15.2m €3.7m 2025
                    • ISOLTEAM
                      BE 0840.835.293100% per the accounts
                      Healthy · 75€6.2m €4.8m 2025
                  • ISOBUILD KORTEMARK2 subsidiaries
                    BE 0413.000.165LEI lapsed
                    Healthy · 69€107.5m €66.4m 2025
                    • ISOBUILD VERVIERS
                      BE 0402.262.265100% per the accounts
                      Healthy · 62€6.1m €4.2m 2025
                    • ISOBUILD HOBOKEN1 subsidiary
                      BE 0428.053.773100% per the accountsLEI lapsed
                      Elevated · 44€36.4m €5.6m 2025
                      • Profisol AB
                        SE Partille, SwedenLEI lapsed
    • Insulcon B.V.
      NL Steenbergen, NetherlandsindirectLEI lapsed

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

3

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. Capital increase of €25,000,000
    Capital changeGreen Leaf Midco 3
  2. Capital increase of €25,000,000
    Capital changeGreen Leaf Midco 4
  3. Capital increase of €25,000,000
    Capital changeGreen Leaf Bidco
  4. Capital increase of €25,000,000
    Capital changeGreen Leaf Midco 1
  5. Capital increase of €25,000,000
    Capital changeGreen Leaf Midco 2
  6. Capital increase of €25,000,000 to €204,822,405.18
    Capital changeIPCOM
  7. Change of permanent representative
    Director changeGreen Leaf Topco
  8. Change of permanent representative
    Director changeGreen Leaf Topco
  9. Capital increase of €25,000,000
    Capital changeGreen Leaf Topco
  10. Change of permanent representative
    Director changeIsolstar Holding
  11. 3 reappointed
    Director changeIPCOM
  12. 3 directors resigning
    Director changeTECHNICAS
  13. Capital contribution
    Capital changeGreen Leaf Midco 3
  14. Capital contribution
    Capital changeGreen Leaf Midco 2
  15. Capital increase of €100,000,000
    Capital changeGreen Leaf Midco 4
  16. Capital increase of €100,000,000 to €154,353,380
    Capital changeIsolstar Holding
  17. Capital contribution
    Capital changeGreen Leaf Bidco
  18. Capital contribution
    Capital changeGreen Leaf Midco 1
  19. Capital increase of €100,000,000 to €179,822,405.18
    Capital changeIPCOM
  20. Capital increase of €100,000,000
    Capital changeGreen Leaf Topco
  21. 1 director appointed, 2 directors resigning
    Director changeISOBUILD VERVIERS
  22. Change of permanent representative
    Director changeGreen Leaf Midco 2
  23. Change of permanent representative
    Director changeGreen Leaf Topco
  24. Change of permanent representative
    Director changeIPCOM
  25. Change of permanent representative
    Director changeGreen Leaf Bidco
  26. Change of permanent representative
    Director changeGreen Leaf Midco 4
  27. Change of permanent representative
    Director changeGreen Leaf Midco 3
  28. Change of permanent representative
    Director changeGreen Leaf Midco 1
  29. Transaction in capital or shares
    Capital changeVERMEERSCH LOGISTICS
  30. Transaction in capital or shares
    Capital changeISOBUILD KORTEMARK

The 30 most recent; each dossier shows its company's full timeline.

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 30-09-2026

We would like to set cookies. That happens only with your consent. What we measure