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.
Financials
Financial year 2025
ISOBUILD VERVIERS from Verviers, company number BE0402262265, closed financial year 2025 with a result of € -308,209 after tax. For that financial year ISOBUILD VERVIERS recorded a gross margin of € 1.7 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € -173,666 to € -308,209. 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 22, 2026.
€ 4.2 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -308,209
▼ 77 % more loss than in 2024
Profit after tax over the fiscal year.
€ 385,640
▲ 181% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4 million.
People and assets in 2025
26.6
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 5% vs 2024
€ 67,200 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.
€ 122,671
▲ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 319,572
▲ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 334,666
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,444,825 | € 11,889,106 | - | - | |
| Gross margin | - | - | € 1,599,466 | € 1,695,150 | ▲ 6% |
| Profit after taxes | € 220,147 | € -133,618 | € -173,666 | € -308,209 | ▼ € 134,543 |
| Equity | € 4,807,671 | € 4,667,099 | € 4,488,412 | € 4,176,676 | ▼ 7% |
| Total debts | € 1,105,401 | € 1,475,348 | € 1,079,372 | € 1,972,360 | ▲ 83% |
| Cash | € 433,406 | € 184,395 | € 137,014 | € 385,640 | ▲ 181% |
| Land & buildings | € 702,404 | € 668,239 | € 634,075 | € 599,910 | ▼ 5% |
| Retained profit | € 4,652,891 | € 4,519,273 | € 4,345,607 | € 4,037,397 | ▼ 7% |
| Bank debt | € 10 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 5,913,072 | € 6,142,446 | € 5,567,783 | € 6,149,036 | ▲ 10% |
| Employees (FTE) | 25.6 | 26.9 | 27.7 | 26.6 | ▼ 1.1 |
Key figures of ISOBUILD VERVIERS, 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 ISOBUILD VERVIERS?
What happened at ISOBUILD VERVIERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MERVIN SRL stepped down as director. NBB
- LLT management stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 308,209. Source: NBB ↗
- LDB Consulting stepped down as director. NBB
- IPCOM stepped down as director. NBB
- MERVIN SRL became a director. NBB
- LLT management became a director. NBB
- LDB Consulting became a director. NBB
In short
From € 220,147 profit in 2022 to € 308,209 loss in 2025.
Paid € 80,919 in corporate taxes since 2022.
Best year ever: 2022, with € 220,147 profit.
On average € 63,700 of value added per employee in 2025.
Management
The stake of ISOBUILD KORTEMARK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ISOBUILD VERVIERSThe shares are held by ISOBUILD KORTEMARK (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Simon Royen
since 2023 · until 2029
Director · represented by de Busscher Luc
Also active at: TECHNICAS, INSULCON N.V., ISOBUILD KORTEMARK, ISOBUILD HOBOKEN, VERMEERSCH LOGISTICS, Isolstar Holding, Green Leaf Topco, Green Leaf Midco 1 +5 more
since 2020 · until 2026
Director · represented by Van Den Branden Daniël
since 2020 · until 2026
Director · represented by Danny Van den Branden
Also active at: TECHNICAS, ISOBUILD KORTEMARK, GRL Glass Recycling, GRL Logistics, ISOBUILD HOBOKEN, GRL HOLDING, VERMEERSCH LOGISTICS, ISOLTEAM
since 2026 · until 2034
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Houckaye 4
4800 Verviers
Rue des Ormes 149
4800 Verviers
Active since 3 January 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.262.265
- VAT number
- BE 0402.262.265
- Registered office
- Rue Houckaye 4, 4800 Verviers
- Names & denominations
- ISOBUILD VERVIERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Groothandel in hout
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Schrijnwerk
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Schrijnwerk van hout of van kunststof
Metaalschrijnwerk
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2