What does MORTIER ISOLATIEWERKEN do?

MORTIER ISOLATIEWERKEN is a specialised building contractor in Gent. Public Limited, started on 19 June 1969, 1 establishment.

What is the address of MORTIER ISOLATIEWERKEN?

The registered office of MORTIER ISOLATIEWERKEN is located at Industrieweg 150, 9030 Gent.

Is MORTIER ISOLATIEWERKEN still active?

Yes. According to the CBE (29 October 2026) MORTIER ISOLATIEWERKEN is active, legal situation “Normale toestand”, started on 19 June 1969.

Is MORTIER ISOLATIEWERKEN registered on Peppol?

Yes, MORTIER ISOLATIEWERKEN is registered on the Peppol network with ID 0208:0406750692.

What is the enterprise number of MORTIER ISOLATIEWERKEN?

The enterprise number of MORTIER ISOLATIEWERKEN is BE0406750692.

When was MORTIER ISOLATIEWERKEN founded?

MORTIER ISOLATIEWERKEN was founded on 19 June 1969.

Who are the directors of MORTIER ISOLATIEWERKEN?

According to the 2025 annual accounts, the directors of MORTIER ISOLATIEWERKEN are: FENNECS BV, ISOVEST BV.

Is MORTIER ISOLATIEWERKEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 June 1969; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MORTIER ISOLATIEWERKEN make in 2025?

MORTIER ISOLATIEWERKEN posted a profit after taxes of € 384,589 in financial year 2025.

What is the revenue of MORTIER ISOLATIEWERKEN?

As a small company, MORTIER ISOLATIEWERKEN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,609,531.

How much does an employee at MORTIER ISOLATIEWERKEN earn?

The average wage cost per full-time employee at MORTIER ISOLATIEWERKEN was € 60,800 in 2025: staff costs of € 1 million for 17.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MORTIER ISOLATIEWERKEN have?

According to the 2025 annual accounts, MORTIER ISOLATIEWERKEN has 17.1 full-time equivalents (FTE).

Does MORTIER ISOLATIEWERKEN have a website?

Yes, MORTIER ISOLATIEWERKEN has a website at mortierisolatie.com.

MORTIER ISOLATIEWERKEN (Public Limited) - Gent

Dossier MORTIER ISOLATIEWERKEN, printed on 29 October 2026 from databakkes.be/en/0406750692/mortier-isolatiewerken. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MORTIER ISOLATIEWERKEN from Gent, company number BE0406750692, closed financial year 2025 with a result of € 384,589 after tax. For that financial year MORTIER ISOLATIEWERKEN recorded a gross margin of € 1.6 million and equity of € 1 million. Compared with financial year 2024, the result moved from € 412,735 to € 384,589. 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 August 11, 2026.

What it is worth Growing

€ 1 million

▲ 20% vs 2024

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

Profit Healthy

€ 384,589

▼ 7% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 375,083

▲ 88% vs 2024

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

Where the profit goes Pays out

€ 220,000 paid out

57 % of the profit went to the shareholders, mostly to ISOVEST (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

17.1

▲ 2.7 vs 2024

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

Wage cost

€ 1 million

▲ 17% vs 2024

€ 60,800 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

€ 202,906

▲ 9% vs 2024

Of which on lease € 17,881.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 450,548

▲ 66% vs 2024

€ 116,585 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 372,522

▲ 10% vs 2024

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

Taxes and wages

€ 63,890

▲ 24% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,091,470 Gross margin 2022: € 1,091,470 First fiscal year in the series	€ 1,554,093 Gross margin 2023: € 1,554,093 ▲ 42% vs 2022 (€ 1,091,470) Favourable step	€ 1,505,850 Gross margin 2024: € 1,505,850 ▼ 3% vs 2023 (€ 1,554,093) Unfavourable step	€ 1,609,531 Gross margin 2025: € 1,609,531 ▲ 7% vs 2024 (€ 1,505,850) Favourable step	▲ 7%
Profit after taxes	€ 194,907 Profit after taxes 2022: € 194,907 First fiscal year in the series	€ 595,101 Profit after taxes 2023: € 595,101 ▲ 205% vs 2022 (€ 194,907) Favourable step	€ 412,735 Profit after taxes 2024: € 412,735 ▼ 31% vs 2023 (€ 595,101) Unfavourable step	€ 384,589 Profit after taxes 2025: € 384,589 ▼ 7% vs 2024 (€ 412,735) Unfavourable step	▼ 7%
Equity	€ 650,403 Equity 2022: € 650,403 First fiscal year in the series	€ 808,004 Equity 2023: € 808,004 ▲ 24% vs 2022 (€ 650,403) Favourable step	€ 840,739 Equity 2024: € 840,739 ▲ 4% vs 2023 (€ 808,004) Favourable step	€ 1,005,329 Equity 2025: € 1,005,329 ▲ 20% vs 2024 (€ 840,739) Favourable step	▲ 20%
Total debts	€ 633,519 Total debts 2022: € 633,519 First fiscal year in the series	€ 1,051,796 Total debts 2023: € 1,051,796 ▲ 66% vs 2022 (€ 633,519) Unfavourable step	€ 1,043,674 Total debts 2024: € 1,043,674 ▼ 1% vs 2023 (€ 1,051,796) Favourable step	€ 1,106,960 Total debts 2025: € 1,106,960 ▲ 6% vs 2024 (€ 1,043,674) Unfavourable step	▲ 6%
Cash	€ 371,651 Cash 2022: € 371,651 First fiscal year in the series	€ 261,373 Cash 2023: € 261,373 ▼ 30% vs 2022 (€ 371,651) Unfavourable step	€ 199,324 Cash 2024: € 199,324 ▼ 24% vs 2023 (€ 261,373) Unfavourable step	€ 375,083 Cash 2025: € 375,083 ▲ 88% vs 2024 (€ 199,324) Favourable step	▲ 88%
Retained profit	€ 500,403 Retained profit 2022: € 500,403 First fiscal year in the series	€ 658,004 Retained profit 2023: € 658,004 ▲ 31% vs 2022 (€ 500,403) Favourable step	€ 690,739 Retained profit 2024: € 690,739 ▲ 5% vs 2023 (€ 658,004) Favourable step	€ 855,329 Retained profit 2025: € 855,329 ▲ 24% vs 2024 (€ 690,739) Favourable step	▲ 24%
Dividend	€ 150,000 Dividend 2022: € 150,000 First fiscal year in the series	€ 437,500 Dividend 2023: € 437,500 ▲ 192% vs 2022 (€ 150,000) Unchanged	€ 380,000 Dividend 2024: € 380,000 ▼ 13% vs 2023 (€ 437,500) Unchanged	€ 220,000 Dividend 2025: € 220,000 ▼ 42% vs 2024 (€ 380,000) Unchanged	▼ 42%
Bank debt	€ 92,966 Bank debt 2022: € 92,966 First fiscal year in the series	€ 189,562 Bank debt 2023: € 189,562 ▲ 104% vs 2022 (€ 92,966) Unfavourable step	€ 272,019 Bank debt 2024: € 272,019 ▲ 43% vs 2023 (€ 189,562) Unfavourable step	€ 450,548 Bank debt 2025: € 450,548 ▲ 66% vs 2024 (€ 272,019) Unfavourable step	▲ 66%
Balance sheet total	€ 1,283,923 Balance sheet total 2022: € 1,283,923 First fiscal year in the series	€ 1,859,801 Balance sheet total 2023: € 1,859,801 ▲ 45% vs 2022 (€ 1,283,923) Unchanged	€ 1,884,413 Balance sheet total 2024: € 1,884,413 ▲ 1% vs 2023 (€ 1,859,801) Unchanged	€ 2,112,289 Balance sheet total 2025: € 2,112,289 ▲ 12% vs 2024 (€ 1,884,413) Unchanged	▲ 12%
Employees (FTE)	17.3 Employees (FTE) 2022: 17.3 First fiscal year in the series	15.6 Employees (FTE) 2023: 15.6 ▼ 1.7 vs 2022 (17.3) Unchanged	14.4 Employees (FTE) 2024: 14.4 ▼ 1.2 vs 2023 (15.6) Unchanged	17.1 Employees (FTE) 2025: 17.1 ▲ 2.7 vs 2024 (14.4) Unchanged	▲ 2.7

Key figures of MORTIER ISOLATIEWERKEN, 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 MORTIER ISOLATIEWERKEN?

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

Aug 11, 2026 New annual accounts for financial year 2025: profit of € 384,589 (▼ 7% vs 2024). filed late Source: NBB ↗
Jun 19, 1969 Start of the company according to the CBE. KBO
Jan 1, 1969 New establishment in Gent. KBO

In short

From € 194,907 profit in 2022 to € 384,589 profit in 2025.

Paid € 213,207 in corporate taxes since 2022.

Best year ever: 2023, with € 595,101 profit.

On average € 94,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ISOVEST 100%

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

MORTIER ISOLATIEWERKEN

Behind MORTIER ISOLATIEWERKEN are FENNECS BV and ISOVEST BV. The shares are held by ISOVEST (100%).

Directors

According to the 2025 annual accounts

FENNECS BV

bestuurder · represented by Felix DELVA

ISOVEST BV

bestuurder · represented by Sebastien DELVA

Also active at: CLEEMPUT ISOL

Shareholders

ISOVEST

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Industrieweg 150

9030 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

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

Website

HTTPS mortierisolatie.com

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Domain

mortierisolatie.com

Registered

2002-06-06

Registrar

Combell NV

Expires

2026-06-06

Website info

HTTPS Ja

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Details

Company number

0406.750.692

VAT number

BE 0406.750.692

Registered office

Industrieweg 150, 9030 Gent

Names & denominations

MORTIER ISOLATIEWERKEN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 June 1969

Peppol

Active · Active since 1 Jan 2001

Contact

mortierisolatie.com

Activities · NACE

Installatie van isolatie

Isolatiewerkzaamheden

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Groothandel in bouwmaterialen, algemeen assortiment

View on CBE Public ↗ Annual accounts (NBB) ↗

MORTIER ISOLATIEWERKEN

Financials

What happened to MORTIER ISOLATIEWERKEN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

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