Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 15 to 9.
Financials
Financial year 2025
ISOLATION NOUVELLE from Grâce-Hollogne, company number BE0417288357, closed financial year 2025 with a result of € 26,069 after tax. For that financial year ISOLATION NOUVELLE recorded revenue of € 1.3 million and equity of € 815,027. Compared with financial year 2024, the result moved from € 6,639 to € 26,069. Profitable, and profit is growing. 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 July 16, 2026.
€ 815,027
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,069
▲ 293% vs 2024
Profit after tax over the fiscal year.
€ 241,611
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 753,027.
People and assets in 2025
9
▼ 5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 431,654
▼ 19% vs 2024
€ 48,000 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.
€ 3,817
▼ 78% 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.
€ 129,831
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,235
▼ 44% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,830,942 | € 1,517,879 | € 1,229,382 | € 1,274,047 | ▲ 4% |
| Gross margin | € 679,991 | € 671,539 | € 604,327 | € 518,840 | ▼ 14% |
| Profit after taxes | € -20,636 | € -2,764 | € 6,639 | € 26,069 | ▲ 293% |
| Equity | € 794,757 | € 791,993 | € 798,632 | € 815,027 | ▲ 2% |
| Total debts | € 372,717 | € 156,671 | € 138,858 | € 162,066 | ▲ 17% |
| Cash | € 240,436 | € 172,118 | € 388,080 | € 241,611 | ▼ 38% |
| Land & buildings | € 42,519 | € 37,970 | € 37,970 | € 44,527 | ▲ 17% |
| Retained profit | € 732,757 | € 729,993 | € 736,632 | € 753,027 | ▲ 2% |
| Bank debt | € 7,652 | € 3,044 | € 0 | € 0 | |
| Balance sheet total | € 1,198,088 | € 979,278 | € 968,104 | € 1,007,707 | ▲ 4% |
| Employees (FTE) | 15 | 15 | 14 | 9 | ▼ 5 |
Key figures of ISOLATION NOUVELLE, 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 ISOLATION NOUVELLE?
What happened at ISOLATION NOUVELLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,069 (▲ 293% vs 2024). Source: NBB ↗
- François MINUTILLO stepped down as director. NBB
- Mattéo LUCANIA stepped down as director. NBB
- LUMAMIN stepped down as director. NBB
- Raphaël MAMOUGIORGIS stepped down as director. NBB
- Raphaël MAMOUGIORGIS became a director. NBB
- François MINUTILLO became a director. NBB
- Mattéo LUCANIA became a director. NBB
In short
From € 20,636 loss in 2022 to € 26,069 profit in 2025.
Paid € 17,246 in corporate taxes since 2022.
Best year ever: 2025, with € 26,069 profit.
On average € 57,600 of value added per employee in 2025.
A new publication or filing at ISOLATION NOUVELLE? We notify you, reason included.
Follow ISOLATION NOUVELLEDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Raphaël MAMOUGIORGIS
Associate
since 2016 · until 2022
since 2016 · until 2025
since 2016 · until 2025
Managing director · represented by Agostino MINUTILLO
since 2016 · until 2025
Establishments
Establishment units
Physical locations of this company
Rue du Travail 9
4460 Grâce-Hollogne
Rue T. Marcotty 59
4101 Seraing
Active since 1 July 1977
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.
Details
- Company number
- 0417.288.357
- VAT number
- BE 0417.288.357
- Registered office
- Rue du Travail 9, 4460 Grâce-Hollogne
- Names & denominations
- ISOLATION NOUVELLE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 1977
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
Installatie van isolatie
Isolatiewerkzaamheden
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair