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IsoHemp

Active
Public limited companyfounded 2012active for 14 yearsRue Georges Cosse, ZI, Nov. 1, 5380 Fernelmont, BelgiumKBO/BCE: BE 0845.548.604
Summary

The computed 12-month bankruptcy probability of IsoHemp is 2.5% (moderate). The annual accounts of IsoHemp for financial year 2025 show a net loss of 73% of the equity at the start of that year. The 2025 annual accounts show equity of €1.2m and a net result of -€3.5m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 227 sector peers (NACE 22, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of rubber and plastic products
NACE 22240Manufacture of other non-metallic mineral products NACE 23990
2nd largest company by total assets in Fernelmont, Manufacturing sector3 sites
Size
€15.3mtotal assets 2025
Staff
23.5 FTE
Equity
€1.2m
Loss
-€3.5m
Financial health
50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Structure
Largest shareholder
NOMAINVEST · 43.06%
Board
8 members
  • SRL BEG PartnerManaging director · permanent representative Olivier BEGHIN
Auditor: BRUNO VANDENBOSCH, REVISEUR D’ENTREPRISESAccounts 63 days early
Why 50raises riskLoss of €3.5m, the second in a row (financial year 2025)Liquidity: current ratio 0.72, cash €499,149Equity €1.2m (8.1% of total assets)Sector: Manufacture of rubber and plastic products (NACE 22)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (NACE 22, small)
Financial strength · tick = 2024
Weak
Solvency 33-23
equity 8.1% of total assets
Liquidity 41-2
short-term debt 31.6% · cash 3.3%
Profitability 0=
return on assets -23.0%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (161 companies, NACE 22, small)
Last 24 months 11-2024: 0.6%lowest value 12-2024: 0.6%● unchanged vs 11-2024lowest value 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025lowest value 03-2025: 0.6%● unchanged vs 02-2025lowest value 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 1.3%▲ +0.6 percentage points vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.4%▲ +0.1 percentage points vs 02-2026 04-2026: 1.5%▲ +0.1 percentage points vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 2.5%▲ +1.0 percentage point vs 05-2026highest value 07-2026: 2.5%● unchanged vs 06-2026highest value 08-2026: 2.5%● unchanged vs 07-2026highest value 09-2026: 2.5%● unchanged vs 08-2026highest value 10-2026: 2.5%● unchanged vs 09-2026highest value
Credit of up to €60,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.72, compared with 0.95 in 2024, below 1; short-term debt: 31.6% and cash: 3.3% of total assets), and 91.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 22, small): better than 10% on solvency, 39% on liquidity, 2% on profitability and 3% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises riskneutral
raises risk · Loss of €3.5m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.72, cash €499,149
NBB · annual accounts
raises risk · Equity €1.2m (8.1% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of rubber and plastic products (NACE 22)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3.5m
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 227 sector peers (2025).
NBB · sector comparison
Position among 227 sector peers
Solvency
better than 9%
← weakest strongest →
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 days early
2024
71 days early
2023
82 days early
2022
33 days early
2021
54 days early
2020
37 days early
2019
65 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 58 days before the deadline; the sector median (NACE 22) for financial year 2024 is 14 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Capital & shares · Amendment of…Share conversion · Declaration ·…
  3. Reappointments: SRL BEG Partner, SRL Aumali…Power of attorney

Key points

  • Risk: 8 loss-making years in a rowloss financial year 2025 -€3.5m View
  • Caution: Equity fell in 2025from €4.8m to €1.2m ▼ 74.4% View
  • Caution: Among the weakest 5% on net resultsector median €155,118 · 227 companies -€3.5m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€15.3m
Loss
-€3.5m
Solvency
8.1%
Total assets▼ 1.4%
Net result
20182025
Go to Financials

Board & ownership

Board
8 members
Largest shareholder
NOMAINVEST · 43.06%
Auditor
BRUNO VANDENBOSCH, REVISEUR D’ENTREPRISES
  • LECLERCQ SophieDirector
  • SRL AumaliDirector
  • Sparaxis SADirector
  • Olivier BEGHINDirector
  • Olivier CHAPELLEDirector

and 3 other directors

Go to Board & ownership

Timeline

Events
40
Since
2012
Next accounts
by 31-07-2027
  1. 08-09-2025Capital & shares · Amendment of the…
  2. 21-05-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Manufacture of rubber and plastic productsNACE 22240
Founded
23-04-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“Toutes activités en rapport avec la fabrication, la commercialisation, la location…” (deed in French)
Go to Articles of association

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