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.
€ 6.6 million
▼ 20% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ 22 % more loss than in 2023
Profit after tax over the fiscal year.
€ 205,741
▼ 51% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.4 million.
People and assets in 2024
34.6
▼ 7.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 403,173
▼ 38% vs 2023
Of which on lease € 241,577.
Debts at end 2024
€ 2 million
▼ 18% vs 2023
€ 632,743 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 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.
€ 191,914
▼ 6% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 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.
A new publication or filing at ISOLA BELGIUM? We notify you, reason included.
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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
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 and Flores. 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 2024 annual accounts
Managing director · represented by Bostyn MAARTEN
Also active at: BSProjects, NEW TECH PROJECTS, NEW GROUND PROJECTS, BSComfort
Director · represented by Strauven KIM
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