Active · per the CBE, 16 September 2026

ISOLA BELGIUM

BE0436151986

Rechtspersoon Public limited company 1 establishment

ISOLA BELGIUM is a waste processor in Tongeren-Borgloon. Public Limited, started on 8 December 1988, 1 establishment.

Vrijheidweg 10, 3700 Tongeren-Borgloon

Behind the company: Winde Blocken, M. Bostyn, Flores.

Active for

37 year, 9 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Shrinking team NBB

    FTE fell two years in a row, from 52.1 to 34.6.

Financials

Financial year 2024

ISOLA BELGIUM from Tongeren-Borgloon, company number BE0436151986, closed financial year 2024 with a result of € -1.7 million after tax. For that financial year ISOLA BELGIUM recorded revenue of € 11 million and equity of € 6.6 million. Compared with financial year 2023, the result moved from € -1.4 million to € -1.7 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 October 28, 2025.

What it is worth Healthy

€ 6.6 million

▼ 20% vs 2023

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

Loss Caution

€ -1.7 million

▼ 22 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 205,741

▼ 51% vs 2023

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 6.4 million.

People and assets in 2024

Full-time equivalents

34.6

▼ 7.8 vs 2023

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

Wage cost

€ 2 million

▼ 12% vs 2023

€ 58,500 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

€ 403,173

▼ 38% vs 2023

Of which on lease € 241,577.

Debts at end 2024

Bank debt ≈ 3 years to go

€ 2 million

▼ 18% vs 2023

€ 632,743 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 2.2 million

▼ 29% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.

Taxes and wages

€ 191,914

▼ 6% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Revenue € 17,601,386 € 20,646,342 € 14,191,517 € 10,995,698 ▼ 23%
Profit after taxes € -344,771 € -1,431,089 € -1,367,064 € -1,671,961 ▼ € 304,897
Equity € 11,053,524 € 9,622,436 € 8,255,372 € 6,583,410 ▼ 20%
Total debts € 5,765,938 € 8,684,348 € 5,793,625 € 4,458,061 ▼ 23%
Cash € 3,443,221 € 1,059,853 € 417,856 € 205,741 ▼ 51%
Land & buildings € 4,244,424 € 4,120,719 € 5,191,483 € 4,992,438 ▼ 4%
Retained profit € 10,902,746 € 9,471,657 € 8,104,593 € 6,432,632 ▼ 21%
Bank debt € 2,810,107 € 3,427,554 € 2,481,878 € 2,046,668 ▼ 18%
Balance sheet total € 16,819,462 € 18,306,783 € 14,075,831 € 11,083,472 ▼ 21%
Employees (FTE) 53.3 52.1 42.4 34.6 ▼ 7.8

Key figures of ISOLA BELGIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

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 2024: loss of € 1.7 million. filed late Source: NBB ↗
  • New establishment in Tongeren-Borgloon. KBO
  • Start of the company according to the CBE. KBO

In short

From € 344,771 loss in 2021 to € 1.7 million loss in 2024.

Paid € 17,354 in corporate taxes since 2021.

Pays suppliers within 78 days on average.

Management

M. BOSTYN 44.2%

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

ISOLA BELGIUM

Behind ISOLA BELGIUM are Winde Blocken, M. Bostyn and Flores. The shares are held by M. BOSTYN (44.2%). It owns 85.3% of BSProject and 85% of Isola Energy itself.

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Directors

According to the 2024 annual accounts

Winde Blocken

Director

Also active at: HUBO LIMBURG UNITED, M. BOSTYN

M. Bostyn

Managing director · represented by Bostyn MAARTEN

Also active at: BSProjects, NEW TECH PROJECTS, NEW GROUND PROJECTS, BSComfort

Flores

Director · represented by Strauven KIM

Also active at: NEW TECH PROJECTS, NEW GROUND PROJECTS

Shareholders

M. BOSTYN

44.2%

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Vrijheidweg 10

3700 Tongeren-Borgloon

2.102.732.544

Vrijheidweg 10 box 1

3700 Tongeren-Borgloon

Active since 27 January 1989

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

Frequently asked questions

What does ISOLA BELGIUM do?
ISOLA BELGIUM is a waste processor in Tongeren-Borgloon. Public Limited, started on 8 December 1988, 1 establishment.
What is the address of ISOLA BELGIUM?
The registered office of ISOLA BELGIUM is located at Vrijheidweg 10, 3700 Tongeren-Borgloon.
Is ISOLA BELGIUM still active?
Yes. According to the CBE (16 September 2026) ISOLA BELGIUM is active, legal situation “Normale toestand”, started on 8 December 1988.
Is ISOLA BELGIUM registered on Peppol?
Yes, ISOLA BELGIUM is registered on the Peppol network with ID 0208:0436151986.
What is the enterprise number of ISOLA BELGIUM?
The enterprise number of ISOLA BELGIUM is BE0436151986.
When was ISOLA BELGIUM founded?
ISOLA BELGIUM was founded on 8 December 1988.