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 18.2 to 0.
Financials
Financial year 2024
ISOLATIE & CONSTRUCTIE from Sint-Martens-Latem, company number BE0457367767, closed financial year 2024 with a result of € 407,145 after tax. For that financial year ISOLATIE & CONSTRUCTIE recorded a gross margin of € 663,321 and equity of € 9,407. Compared with financial year 2023, the result moved from € 152,680 to € 407,145. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2025.
€ 9,407
▲ € 407,145 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 407,145
▲ 167% vs 2023
Profit after tax over the fiscal year.
€ 128,721
▲ 13% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -126,935.
People and assets in 2024
0
▼ 4.5 vs 2023
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1,175
▼ 95% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 961,942 | € 744,512 | € 578,044 | € 663,321 | ▲ 15% |
| Profit after taxes | € -803,641 | € -257,087 | € 152,680 | € 407,145 | ▲ 167% |
| Equity | € -293,330 | € -550,417 | € -397,738 | € 9,407 | ▲ € 407,145 |
| Total debts | € 2,064,195 | € 1,317,453 | € 1,184,391 | € 173,286 | ▼ 85% |
| Cash | € 256,308 | € 87,026 | € 114,216 | € 128,721 | ▲ 13% |
| Land & buildings | € 633 | € 24 | € 0 | - | |
| Retained profit | € -429,672 | € -686,759 | € -534,079 | € -126,935 | ▲ € 407,145 |
| Bank debt | € 252,641 | € 183,533 | € 112,062 | € 0 | ▼ 100% |
| Balance sheet total | € 1,970,864 | € 767,036 | € 786,653 | € 182,693 | ▼ 77% |
| Employees (FTE) | 23.9 | 18.2 | 4.5 | 0 | ▼ 4.5 |
Key figures of ISOLATIE & CONSTRUCTIE, 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 ISOLATIE & CONSTRUCTIE?
What happened at ISOLATIE & CONSTRUCTIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- P.C.C. NV stepped down as director. NBB
- Isoltec BV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 407,145 (▲ 167% vs 2023). Source: NBB ↗
- P.C.C. NV became a director. NBB
- Isoltec BV became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 803,641 loss in 2021 to € 407,145 profit in 2024.
Paid € 1,442 in corporate taxes since 2021.
Best year ever: 2024, with € 407,145 profit.
On average € 128,500 of value added per employee in 2023.
Management
The stake of P.C.C. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ISOLATIE & CONSTRUCTIEThe shares are held by P.C.C. (98.2%).
Directors
According to the 2024 annual accounts
Managing director · represented by Carlos VAN DE VELDE
since 2024 · until 2030
Director · represented by Carlos VAN DE VELDE
since 2024 · until 2030
Shareholders
98.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Baarle-Frankrijkstraat 13
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0457.367.767
- VAT number
- BE 0457.367.767
- Registered office
- Baarle-Frankrijkstraat 13, 9830 Sint-Martens-Latem
- Names & denominations
- ISOLATIE & CONSTRUCTIE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1996
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Overige zakelijke dienstverlening, n.e.g.