Financials
Financial year 2025
ISOLATIEWERKEN DE ZUTTER from Evergem, company number BE0440527478, closed financial year 2025 with a result of € 212,392 after tax. For that financial year ISOLATIEWERKEN DE ZUTTER recorded a gross margin of € 892,926 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 183,728 to € 212,392. 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 December 15, 2025.
€ 1.5 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 212,392
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 309,098
▼ 16% 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 € 1.4 million.
People and assets in 2025
7.4
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 498,810
€ 67,400 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.
€ 167,121
▲ 28% vs 2024
Of which on lease € 15,761.
Debts at end 2025
€ 370,389
▼ 10% vs 2024
€ 85,623 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 356,620
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,083
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 609,386 | € 821,608 | € 882,962 | € 892,926 | ▲ 1% |
| Profit after taxes | € 98,423 | € 157,594 | € 183,728 | € 212,392 | ▲ 16% |
| Equity | € 1,031,682 | € 1,114,276 | € 1,248,004 | € 1,460,397 | ▲ 17% |
| Total debts | € 644,800 | € 1,008,988 | € 823,622 | € 783,791 | ▼ 5% |
| Cash | € 437,140 | € 345,628 | € 368,869 | € 309,098 | ▼ 16% |
| Land & buildings | € 490,683 | € 879,369 | € 844,671 | € 803,458 | ▼ 5% |
| Retained profit | € 1,011,682 | € 1,094,276 | € 1,228,004 | € 1,440,397 | ▲ 17% |
| Dividend | € 70,000 | € 75,000 | € 50,000 | € 0 | ▼ 100% |
| Bank debt | € 191,122 | € 550,896 | € 409,298 | € 370,389 | ▼ 10% |
| Balance sheet total | € 1,676,482 | € 2,123,265 | € 2,071,626 | € 2,244,188 | ▲ 8% |
| Employees (FTE) | 7.1 | 7.4 | 8 | 7.4 | ▼ 0.6 |
Key figures of ISOLATIEWERKEN DE ZUTTER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ISOLATIEWERKEN DE ZUTTER?
What happened at ISOLATIEWERKEN DE ZUTTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 212,392 (▲ 16% vs 2024). Source: NBB ↗
- Michael De Zutter became a director. NBB
- New establishment in Evergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 98,423 profit in 2022 to € 212,392 profit in 2025.
Paid € 270,612 in corporate taxes since 2022.
Best year ever: 2025, with € 212,392 profit.
On average € 120,700 of value added per employee in 2025.
Management
Behind ISOLATIEWERKEN DE ZUTTER is Michael De Zutter. Michael De Zutter is also behind ISO-INVEST.
Directors
According to the 2025 annual accounts
since 2008
Establishments
Establishment units
Physical locations of this company
Langendam 27D
9940 Evergem
Langerbrugsestraat 45
9940 Evergem
Active since 22 May 1990
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
- 0440.527.478
- VAT number
- BE 0440.527.478
- Registered office
- Langendam 27D, 9940 Evergem
- Names & denominations
- ISOLATIEWERKEN DE ZUTTER · IDZ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 1990
- Peppol
- Active · Active since 29 Aug 2023
- Activities · NACE
Installatie van isolatie
Isolatiewerkzaamheden