Active · per the CBE, 29 October 2026

Hisfa Isolatiefabriek

BE0400846164

Rechtspersoon Public limited company 1 establishment

Hisfa Isolatiefabriek is a plastics manufacturer in Hulshout. Public Limited, started on 3 May 1965, 1 establishment.

Vaartstraat 68, 2235 Hulshout

Behind the company: Valère Vetters, E.S.C NV, Steven Vetters.

Active for

61 year, 5 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 3 to 2.

Financials

Financial year 2025

Hisfa Isolatiefabriek from Hulshout, company number BE0400846164, closed financial year 2025 with a result of € -104,399 after tax. For that financial year Hisfa Isolatiefabriek recorded a gross margin of € 281,196 and equity of € 4.7 million. Compared with financial year 2024, the result moved from € -27,843 to € -104,399. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.

What it is worth Healthy

€ 4.7 million

▼ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -104,399

▼ 275 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8,148

▼ 63% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -95,062.

People and assets in 2025

Full-time equivalents

2

▼ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 151,368

▲ 3% vs 2024

€ 75,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 113,012

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 49,829

▼ 35% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 16,754

▲ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 546,408 € 442,058 € 300,927 € 281,196 ▼ 7%
Profit after taxes € 301,622 € 144,617 € -27,843 € -104,399 ▼ € 76,556
Equity € 4,679,108 € 4,823,725 € 4,795,882 € 4,691,483 ▼ 2%
Total debts € 1,004,991 € 85,890 € 288,881 € 810,276 ▲ 180%
Cash € 1,727,741 € 393,176 € 21,915 € 8,148 ▼ 63%
Land & buildings € 3,389,400 € 3,389,400 € 3,389,400 € 3,455,854 ▲ 2%
Retained profit € -107,437 € 37,180 € 9,338 € -95,062 ▼ € 104,399
Bank debt € 37,448 € 24,162 € 10,717 € 0 ▼ 100%
Balance sheet total € 5,684,099 € 4,909,615 € 5,084,762 € 5,501,758 ▲ 8%
Employees (FTE) 3 3 2.6 2 ▼ 0.6

Key figures of Hisfa Isolatiefabriek, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Hisfa Isolatiefabriek?

What happened at Hisfa Isolatiefabriek in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 104,399. Source: NBB ↗
  • Start of the company according to the CBE. KBO
  • New establishment in Hulshout. KBO

In short

From € 301,622 profit in 2022 to € 104,399 loss in 2025.

Paid € 6,910 in corporate taxes since 2022.

Best year ever: 2022, with € 301,622 profit.

On average € 140,600 of value added per employee in 2025.

Management

E.S.C. 71.8%

The stake of E.S.C. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Hisfa Isolatiefabriek

Behind Hisfa Isolatiefabriek are Valère Vetters, E.S.C NV and Steven Vetters. The shares are held by E.S.C. (71.8%).

Directors

According to the 2025 annual accounts

Valère Vetters

Managing director

Also active at: E.S.C.

E.S.C NV

Director · represented by Valère Vetters

Steven Vetters

Director

Shareholders

E.S.C.

71.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vaartstraat 68

2235 Hulshout

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0400.846.164
VAT number
BE 0400.846.164
Registered office
Vaartstraat 68, 2235 Hulshout
Names & denominations
Hisfa Isolatiefabriek
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
3 May 1965
Peppol
Active · Active since 28 Oct 2025
Activities · NACE

Vervaardiging van platen, vellen, buizen en profielen van kunststof

Vervaardiging van andere niet-metaalhoudende minerale producten, neg

Vervaardiging van niet-metaalhoudende minerale producten, n.e.g.

Frequently asked questions

What does Hisfa Isolatiefabriek do?
Hisfa Isolatiefabriek is a plastics manufacturer in Hulshout. Public Limited, started on 3 May 1965, 1 establishment.
What is the address of Hisfa Isolatiefabriek?
The registered office of Hisfa Isolatiefabriek is located at Vaartstraat 68, 2235 Hulshout.
Is Hisfa Isolatiefabriek still active?
Yes. According to the CBE (29 October 2026) Hisfa Isolatiefabriek is active, legal situation “Normale toestand”, started on 3 May 1965.
Is Hisfa Isolatiefabriek registered on Peppol?
Yes, Hisfa Isolatiefabriek is registered on the Peppol network with ID 0208:0400846164.
What is the enterprise number of Hisfa Isolatiefabriek?
The enterprise number of Hisfa Isolatiefabriek is BE0400846164.
When was Hisfa Isolatiefabriek founded?
Hisfa Isolatiefabriek was founded on 3 May 1965.