Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INSULCON N.V. from Temse, company number BE0408192925, closed financial year 2025 with a result of € 213,121 after tax. For that financial year INSULCON N.V. recorded a gross margin of € 3.3 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 337,575 to € 213,121. The company is profitable. 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 13, 2026.
€ 1.5 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 213,121
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 4,919
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
40.5
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 3% vs 2024
€ 64,900 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.
€ 142,207
▼ 42% 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.
€ 935,152
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 482,661
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,485,325 | € 3,549,428 | € 3,348,583 | € 3,267,768 | ▼ 2% |
| Profit after taxes | € 556,172 | € 579,266 | € 337,575 | € 213,121 | ▼ 37% |
| Equity | € 1,807,684 | € 1,786,950 | € 1,624,525 | € 1,537,646 | ▼ 5% |
| Total debts | € 1,875,077 | € 1,543,155 | € 1,900,738 | € 1,459,758 | ▼ 23% |
| Cash | € 18,620 | € 21,114 | € 12,618 | € 4,919 | ▼ 61% |
| Land & buildings | € 278,029 | € 265,881 | € 273,007 | € 253,526 | ▼ 7% |
| Retained profit | € 1,057,684 | € 1,036,950 | € 874,525 | € 787,646 | ▼ 10% |
| Dividend | € 600,000 | € 600,000 | € 500,000 | € 300,000 | ▼ 40% |
| Balance sheet total | € 3,682,761 | € 3,330,105 | € 3,525,263 | € 2,997,404 | ▼ 15% |
| Employees (FTE) | 39.4 | 36.7 | 40.2 | 40.5 | ▲ 0.3 |
Key figures of INSULCON N.V., 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 INSULCON N.V.?
What happened at INSULCON N.V. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LDB Consulting BV stepped down as director. NBB
- Steenhouve BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 213,121 (▼ 37% vs 2024). Source: NBB ↗
- LDB Consulting BV became a director. NBB
- Steenhouve BV became a director. NBB
- New establishment in Temse. KBO
- Start of the company according to the CBE. KBO
In short
From € 556,172 profit in 2022 to € 213,121 profit in 2025.
Paid € 701,981 in corporate taxes since 2022.
Best year ever: 2023, with € 579,266 profit.
On average € 80,700 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Director · represented by Luc De Busscher
Also active at: CAREMISO, TECHNICAS, ISOBUILD KORTEMARK, ISOBUILD HOBOKEN, VERMEERSCH LOGISTICS, Isolstar Holding, Green Leaf Topco, Green Leaf Midco 1 +5 more
since 2023 · until 2028
Managing director · represented by Werner Van der Steen
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Haverheidelaan 4
9140 Temse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0408.192.925
- VAT number
- BE 0408.192.925
- Registered office
- Haverheidelaan 4, 9140 Temse
- Names & denominations
- INSULCON N.V.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 1971
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van ander technisch en industrieel textiel
Vervaardiging van overige textielproducten, n.e.g.
Handel in eigen onroerend goed