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ISOTRANS

Active
Public limited companyfounded 1994active for 32 yearsSmallandlaan 15, 2660 Antwerpen, BelgiumKBO/BCE: BE 0453.334.448
Summary

ISOTRANS has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of -€21,817. Equity remains stable across the filed financial years (±2.3% per year). Its solvency ranks better than 92% of 1,054 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Freight transport by road
NACE 49410
2 sites
Size
€1.2mtotal assets 2025
Staff
10.9 FTE
Equity
€1.0m
Loss
-€21,817
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
Green Leaf Topco
  • LDB CONSULTINGDirector · permanent representative DE BUSSCHER Luc Emiel Alice
  • MERVINManaging director · permanent representative Daniël Van den Branden
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 28 days early
Why 86raises riskSector: Land transport and transport via pipelines (NACE 49)Size: 10.9 FTE, total assets €1.2mlowers riskFounded in 1994Equity €1.0m (87.2% of total assets)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 49, small)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 87.2% of total assets
Liquidity 60+10
short-term debt 12.4% · cash 9.3%
Profitability 66+52
return on assets -1.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,180 companies, NACE 49, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.4 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026highest value 08-2026: 0.3%▼ -0.4 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.76, compared with 14.05 in 2024, above the usual 1.5; short-term debt: 12.4% and cash: 9.3% of total assets), and 12.8% 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 49, small): better than 95% on solvency, 75% on liquidity, 28% on profitability and 24% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: 10.9 FTE, total assets €1.2m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €1.0m (87.2% of total assets)
NBB · annual accounts
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 -€21,817
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
31 days early
2023
34 days early
2022
32 days early
2021
25 days early
2020
23 days early
2019
31 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 29 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% 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 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 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. Appointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Elien De Greef
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Among the best 9% on solvencysector median 40.5% · 1,054 companies 87.2% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Green Leaf Topco parent View
  • Positive: Staff rose in 2025from 7.4 FTE to 10.9 FTE ▲ 47.3% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€21,817 View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Loss
-€21,817
Solvency
87.2%
Go to Financials

Board & ownership

Board
2 members
Parent
Green Leaf Topco
Auditor
Ernst et Young Reviseurs…
  • LDB CONSULTINGDirector
  • MERVINManaging director
Go to Board & ownership

Timeline

Events
63
Since
1996
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 27-06-2024Annual accounts filed
  3. 20-03-2024Resignations: LDB CONSULTING BV (director) and MERVIN…
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
29-08-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“Het uitvoeren van alle isolatiewerken, onder welke vorm ook, zowel voor wat betreft alle…” (deed in Dutch)
Go to Articles of association

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