ISOSELL
ActiveSummary
ISOSELL has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.47M and a net result of €575k. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 78% of 8002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+8
Solvency98▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 5.38 against 3.09 in 2024; short-term debt: 17.3% and cash: 5.1% of total assets), and 27% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73%
Return on assets
17%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
28 d late
2023
133 d early
2022
5 d early
2021
31 d late
2020
on the day
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€2.47M▲ 30.4%
2024 · €1.89M
2018: €853k
2019: €715k
2020: €962k
2021: €1.06M
2022: €874k
2023: €1.59M
2024: €1.89M
2018 → 2025
Total assets
€3.38M▲ 16.6%
2024 · €2.90M
2018: €1.83M
2019: €1.62M
2020: €1.91M
2021: €1.95M
2022: €2.34M
2023: €2.59M
2024: €2.90M
2018 → 2025
Net result
€575k▲ 89.7%
2024 · €303k
2018: €303k
2019: €333k
2020: €647k
2021: €482k
2022: €491k
2023: €1.15M
2024: €303k
2018 → 2025
Working capital
€2.57M▲ 44.7%
2024 · €1.77M
2018: €596k
2019: €807k
2020: €969k
2021: €1.06M
2022: €1.28M
2023: €1.47M
2024: €1.77M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.06M-€874k▼ 17.8%€1.59M▲ 82.0%€1.89M▲ 19.1%€2.47M▲ 30.4%
Operating result€580k-€608k▲ 4.7%€1.64M▲ 169%€410k▼ 75.0%€764k▲ 86.2%
Net result€482k-€491k▲ 1.8%€1.15M▲ 135%€303k▼ 73.7%€575k▲ 89.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 86% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.38M
Fixed assets
€228k ▼ 17.1%
Current assets
€3.15M ▲ 20.2%
Equity and liabilities €3.38M
Equity
€2.47M ▲ 30.4%
Debt
€912k ▼ 9.2%
The debt ratio falls from 34.7% to 27.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€875k▲
2024 · €511k
Cash flow
€686k▲
2024 · €404k
Current ratio
5.38▲
2024 · 3.09
Quick ratio
4.18▲
2024 · 2.30
Debt / equity
0.37▼
2024 · 0.53
ROE
23.3%▲
2024 · 16.0%
ROA
17.0%▲
2024 · 10.5%
Interest coverage
45.46▲
2024 · 24.62
Debt ≤ 1 year
€587k▼
2024 · €850k
Debt > 1 year
€17k
Income taxes
€200k▲
2024 · €105k
Staff costs
€497k▲
2024 · €401k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.90M€3.38M▲
Fixed assets21/28€275k€228k▼
Intangible fixed assets21€49k€40k▼
Tangible fixed assets22/27€226k€189k▼
Plant, machinery and equipment23€92k€46k▼
Furniture and vehicles24€106k€86k▼
Leasing and similar rights25-€26k
Other tangible fixed assets26€28k€31k▲
Current assets29/58€2.62M€3.15M▲
Stocks and contracts in progress3€665k€698k▲
Stocks30/36€665k€698k▲
Amounts receivable within one year40/41€1.76M€2.24M▲
Trade receivables40€361k€667k▲
Other amounts receivable41€1.40M€1.57M▲
Cash at bank and in hand54/58€168k€173k▲
Deferred charges and accrued income490/1€30k€46k▲
Equity and liabilities
Total equity and liabilities10/49€2.90M€3.38M▲
Equity10/15€1.89M€2.47M▲
Contributions10/11€25k€25k=
Reserves13€1.56M€1.56M=
Distributable reserves133€1.56M€1.56M=
Profit (loss) carried forward14€305k€880k▲
Amounts payable17/49€1.00M€912k▼
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€850k€587k▼
Current portion of amounts payable after more than one year42-€114k
Financial debts43€400k€0▼
Credit institutions430/8€0-
Other loans439€400k€0▼
Trade debts44€416k€438k▲
Suppliers440/4€416k€438k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€21k€34k▲
Taxes450/3€61€210▲
Remuneration and social security454/9€21k€33k▲
Other amounts payable47/48€12k€586▼
Accrued charges and deferred income492/3€155k€309k▲
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Remuneration, social security and pensions62€401k€497k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€111k▲
Other operating charges640/8€12k€17k▲
Non-recurring operating charges66A€0€8k▲
Gross operating margin9900€925k€1.40M▲
Operating profit (loss)9901€410k€764k▲
Financial income75/76B€19k€31k▲
Recurring financial income75€19k€31k▲
Financial charges65/66B€21k€19k▼
Recurring financial charges65€21k€19k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€409k€775k▲
Income taxes67/77€105k€200k▲
Profit (loss) for the period9904€303k€575k▲
Profit (loss) for the period to be appropriated9905€303k€575k▲
Appropriation of the result
Profit (loss) to be appropriated9906€305k€880k▲
Profit (loss) brought forward from the previous period14P€2k€305k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90875.06.3▲
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
31-12
Financial
Equity above €2MEq €2.47M ▲30.4%
8 profitable years in a row build equity to €2.47M.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.15M ▲135%
Operating result €1.64M, net result €1.15M, both a record.
31-12
Financial
Equity above €1MEq €1.59M ▲82%
6 profitable years in a row build equity to €1.59M.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Equity above €1MEq €1.06M ▲10.4%
4 profitable years in a row build equity to €1.06M.
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 2 establishment units since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fabrieksstraat 678790 WaregemGround area
4,801 m²
Building footprint
3,499 m²
Volume, LiDAR
20,941 m³
2 parcels, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ISOSELL BVBA
since 20032.126.253.064
Sint-Amandswijk 77, 8581 Avelgem
since 20232.349.658.615
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0533/00Z000 | Flanders | 2,592 m² | 1 · 2,591 m² | 7.5 m · 2 fl. |
| 34020B0291/00F000 | Flanders | 2,209 m² | 1 · 908 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,344 EUR awarded · 2,053 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 525 EUR | 234 EUR |
| 2024 | 1 | 1,819 EUR | 1,819 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 708 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2003
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
46190Agents in non-specialised wholesale trade
25110Manufacture of metal structures and parts of structures
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.