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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 42.4 to 29.6.
Financials
Financial year 2025
ISOLA BELGIUM from Tongeren-Borgloon, company number BE0436151986, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year ISOLA BELGIUM recorded revenue of € 9.9 million and equity of € 5.1 million. Compared with financial year 2024, the result moved from € -1.7 million to € -1.5 million. The company made a loss. 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 September 25, 2026.
€ 5.1 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▲ 11 % less loss than in 2024
Profit after tax over the fiscal year.
€ 197,885
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.9 million.
People and assets in 2025
29.6
▼ 5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▼ 2% vs 2024
€ 66,800 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.
€ 237,176
▼ 41% vs 2024
Of which on lease € 100,097.
Debts at end 2025
€ 1.8 million
▼ 11% vs 2024
€ 733,187 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.9 million
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 119 days on average.
€ 240,805
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,646,342 | € 14,191,517 | € 10,995,698 | € 9,875,894 | ▼ 10% |
| Profit after taxes | € -1,431,089 | € -1,367,064 | € -1,671,961 | € -1,490,302 | ▲ € 181,660 |
| Equity | € 9,622,436 | € 8,255,372 | € 6,583,410 | € 5,093,109 | ▼ 23% |
| Total debts | € 8,684,348 | € 5,793,625 | € 4,458,061 | € 5,021,359 | ▲ 13% |
| Cash | € 1,059,853 | € 417,856 | € 205,741 | € 197,885 | ▼ 4% |
| Land & buildings | € 4,120,719 | € 5,191,483 | € 4,992,438 | € 4,797,330 | ▼ 4% |
| Retained profit | € 9,471,657 | € 8,104,593 | € 6,432,632 | € 4,942,330 | ▼ 23% |
| Bank debt | € 3,427,554 | € 2,481,878 | € 2,046,668 | € 1,816,030 | ▼ 11% |
| Balance sheet total | € 18,306,783 | € 14,075,831 | € 11,083,472 | € 10,114,467 | ▼ 9% |
| Employees (FTE) | 52.1 | 42.4 | 34.6 | 29.6 | ▼ 5 |
Key figures of ISOLA BELGIUM, 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 ISOLA BELGIUM?
What happened at ISOLA BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.5 million. filed late Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.4 million loss in 2022 to € 1.5 million loss in 2025.
Paid € 12,459 in corporate taxes since 2022.
Pays suppliers within 119 days on average.
Management
The stake of M. BOSTYN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ISOLA BELGIUMBehind ISOLA BELGIUM are Winde Blocken, M. Bostyn BV and Flores BV. The shares are held by M. BOSTYN (44.2%). It owns 85.3% of BSProject and 85% of Isola Energy itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Maarten Bostyn
Also active at: BSProjects, NEW TECH PROJECTS, NEW GROUND PROJECTS, BSComfort
Director · represented by Kim Strauven
Also active at: NEW TECH PROJECTS, NEW GROUND PROJECTS
Shareholders
44.2%
Participations
85.3%
85%
Establishments
Establishment units
Physical locations of this company
Vrijheidweg 10
3700 Tongeren-Borgloon
Vrijheidweg 10 box 1
3700 Tongeren-Borgloon
Active since 27 January 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BSProjects same network
€ -88 gross margin · 2025
NEW TECH PROJECTS same network
€ 292,346 gross margin · 2025
NEW GROUND PROJECTS same network
€ 16,532 gross margin · 2025
Isola Energy same network
€ 58,732 gross margin · 2025
Bajato-NTP
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.151.986
- VAT number
- BE 0436.151.986
- Registered office
- Vrijheidweg 10, 3700 Tongeren-Borgloon
- Names & denominations
- ISOLA BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 1988
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Terugwinning van materialen uit afval
Installatie van isolatie
Terugwinning van overig gesorteerd afval
Isolatiewerkzaamheden
Chapewerken