Financials
Financial year 2025
Isofaq from Izegem, company number BE0402745285, closed financial year 2025 with a result of € 259,725 after tax. For that financial year Isofaq recorded a gross margin of € 607,750 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 410,507 to € 259,725. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 12, 2026.
€ 2.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 259,725
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 245,000 paid out
94 % of the profit went to the shareholders, mostly to GQ SOLUTIONS (50 % of the shares). That is where the money ends up.
People and assets in 2025
6.4
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 309,562
▲ 11% vs 2024
€ 48,400 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.
€ 5,157
▼ 61% 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.
€ 265,876
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,271
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 784,765 | € 761,572 | € 541,422 | € 607,750 | ▲ 12% |
| Profit after taxes | € 312,520 | € 287,197 | € 410,507 | € 259,725 | ▼ 37% |
| Equity | € 3,054,454 | € 2,741,652 | € 2,742,159 | € 2,756,884 | ▲ 1% |
| Total debts | € 1,856,218 | € 2,423,543 | € 1,207,376 | € 574,147 | ▼ 52% |
| Cash | € 756,030 | € 1,088,321 | € 1,047,679 | € 1,285,937 | ▲ 23% |
| Land & buildings | € 276,627 | € 251,767 | € 225,319 | € 269,972 | ▲ 20% |
| Retained profit | € 2,979,454 | € 2,666,652 | € 2,667,159 | € 2,681,884 | ▲ 1% |
| Dividend | € 300,000 | € 600,000 | € 410,000 | € 245,000 | ▼ 40% |
| Bank debt | € 53,142 | € 28,751 | € 4,127 | € 0 | ▼ 100% |
| Balance sheet total | € 4,910,672 | € 5,165,195 | € 3,949,534 | € 3,331,031 | ▼ 16% |
| Employees (FTE) | 7.3 | 7 | 6.1 | 6.4 | ▲ 0.3 |
Key figures of Isofaq, 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 Isofaq?
What happened at Isofaq in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JQ Solutions BV stepped down as director. NBB
- GQ Solutions BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 259,725 (▼ 37% vs 2024). Source: NBB ↗
- JQ Solutions BV became a director. NBB
- GQ Solutions BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Izegem. KBO
In short
From € 312,520 profit in 2022 to € 259,725 profit in 2025.
Paid € 230,460 in corporate taxes since 2022.
Best year ever: 2024, with € 410,507 profit.
On average € 95,000 of value added per employee in 2025.
Management
The stake of GQ SOLUTIONS, JQ SOLUTIONS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IsofaqThe shares are held by GQ SOLUTIONS (50.1%) and JQ SOLUTIONS (49.9%).
Directors
According to the 2025 annual accounts
Bestuurder · represented by Julie Quaegebeur
since 2023 · until 2029
Bestuurder · represented by Gregory Quaegebeur
since 2023 · until 2029
Shareholders
50.1%
49.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leo Bekaertlaan 4
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0402.745.285
- VAT number
- BE 0402.745.285
- Registered office
- Leo Bekaertlaan 4, 8870 Izegem
- Names & denominations
- Isofaq
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 1958
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- isofaq.be
- Activities · NACE
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