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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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
ISO RENOV from Morlanwelz, company number BE0474105415, closed financial year 2025 with a result of € 19,012 after tax. For that financial year ISO RENOV recorded a gross margin of € 58,555 and equity of € 78,796. Compared with financial year 2024, the result moved from € -14,729 to € 19,012. 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 August 31, 2026.
€ 78,796
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,012
▲ still € 14,729 loss in 2024
Profit after tax over the fiscal year.
€ 40,804
▲ 154% 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 € 64,236.
People and assets in 2025
€ 143
▼ 98% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,586
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,000
Loans from banks and other lenders, long and short.
€ 9,285
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,942
▲ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -22,480 | € 101,408 | € 830 | € 58,555 | ▲ € 57,725 |
| Profit after taxes | € -37,722 | € 29,168 | € -14,729 | € 19,012 | ▲ € 33,741 |
| Equity | € 41,747 | € 74,513 | € 59,783 | € 78,796 | ▲ 32% |
| Total debts | € 96,206 | € 51,671 | € 32,989 | € 39,583 | ▲ 20% |
| Cash | € 56,814 | € 61,850 | € 16,067 | € 40,804 | ▲ 154% |
| Retained profit | € 27,187 | € 59,952 | € 45,223 | € 64,236 | ▲ 42% |
| Bank debt | € 10 | € 0 | € 0 | € 10,000 | |
| Balance sheet total | € 137,953 | € 126,183 | € 92,772 | € 118,379 | ▲ 28% |
Key figures of ISO RENOV, 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 ISO RENOV?
What happened at ISO RENOV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,012. filed late Source: NBB ↗
- New establishment in La Louvière. KBO
- Adam KOWALSKI became a director. NBB
- New establishment in Morlanwelz. KBO
- Start of the company according to the CBE. KBO
- Tadeusz KOWALSKI became a director. NBB
In short
From € 37,722 loss in 2022 to € 19,012 profit in 2025.
Paid € 13,735 in corporate taxes since 2022.
Best year ever: 2023, with € 29,168 profit.
Management
Behind ISO RENOV are Tadeusz KOWALSKI and Adam KOWALSKI.
Directors
According to the 2025 annual accounts
Tadeusz KOWALSKI
Director
since 2001
Adam KOWALSKI
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Rue des Erables (MLZ) 6
7140 Morlanwelz
Rue Saint Alexandre(PIE) 7
7100 La Louvière
Active since 12 June 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.105.415
- VAT number
- BE 0474.105.415
- Registered office
- Rue des Erables (MLZ) 6, 7140 Morlanwelz
- Names & denominations
- ISO RENOV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2001
- Peppol
- Active · Active since 12 Aug 2025
- Activities · NACE
Installatie van isolatie
Isolatiewerkzaamheden
Detailhandel in houten bouw- en tuinmaterialen