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 8 to 6.3.
Financials
Financial year 2025
ISOREX from Gavere, company number BE0418178480, closed financial year 2025 with a result of € 42,344 after tax. For that financial year ISOREX recorded a gross margin of € 390,222 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 7,884 to € 42,344. 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 August 27, 2026.
€ 1.1 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,344
▲ € 34,460 vs 2024
Profit after tax over the fiscal year.
€ 9,962
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 860 paid out
2 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.3
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 225,257
▼ 5% vs 2024
€ 35,800 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.
€ 54,695
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 390,475
▲ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 79,687
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,461
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 599,532 | € 463,018 | € 340,455 | € 390,222 | ▲ 15% |
| Profit after taxes | € 114,580 | € 26,844 | € 7,884 | € 42,344 | ▲ € 34,460 |
| Equity | € 1,065,823 | € 1,023,877 | € 1,030,901 | € 1,072,384 | ▲ 4% |
| Total debts | € 701,294 | € 589,375 | € 504,693 | € 555,186 | ▲ 10% |
| Cash | € 29,775 | € 15,803 | € 11,033 | € 9,962 | ▼ 10% |
| Land & buildings | € 293,076 | € 325,570 | € 285,946 | € 249,367 | ▼ 13% |
| Retained profit | € 766,823 | € 724,877 | € 731,901 | € 777,384 | ▲ 6% |
| Dividend | € 0 | € 68,790 | € 860 | € 860 | |
| Bank debt | € 340,000 | € 297,505 | € 346,500 | € 390,475 | ▲ 13% |
| Balance sheet total | € 1,767,117 | € 1,613,252 | € 1,535,594 | € 1,627,571 | ▲ 6% |
| Employees (FTE) | 7.7 | 8 | 6.4 | 6.3 | ▼ 0.1 |
Key figures of ISOREX, 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 ISOREX?
What happened at ISOREX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,344 (▲ € 34,460 vs 2024). filed late Source: NBB ↗
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 114,580 profit in 2022 to € 42,344 profit in 2025.
Paid € 102,788 in corporate taxes since 2022.
Best year ever: 2022, with € 114,580 profit.
On average € 61,900 of value added per employee in 2025.
Management
Behind ISOREX is Jean-Jacques Mornie.
Directors
According to the 2025 annual accounts
Jean-Jacques Mornie
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Stationsstraat 190
9890 Gavere
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
- 0418.178.480
- VAT number
- BE 0418.178.480
- Registered office
- Stationsstraat 190, 9890 Gavere
- Names & denominations
- ISOREX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1978
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2