Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MB-ISOLATIE from Aalter, company number BE0477852682, closed financial year 2025 with a result of € -40,365 after tax. For that financial year MB-ISOLATIE recorded a gross margin of € -33,195 and equity of € -50,648. Compared with financial year 2024, the result moved from € 24,871 to € -40,365. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ -50,648
▼ € 40,366 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,365
▼ still € 24,871 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -69,248.
People and assets in 2025
€ 532
▼ 84% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9,605
▲ 23% vs 2024
Loans from banks and other lenders, long and short.
€ 7,183
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 830
▲ 109% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,809 | € 7,681 | € 31,144 | € -33,195 | ▼ € 64,339 |
| Profit after taxes | € -17,911 | € 1,336 | € 24,871 | € -40,365 | ▼ € 65,236 |
| Equity | € -66,675 | € -35,154 | € -10,283 | € -50,648 | ▼ € 40,366 |
| Total debts | € 79,663 | € 48,995 | € 32,013 | € 57,561 | ▲ 80% |
| Cash | - | € 178 | - | - | |
| Retained profit | € -85,275 | € -53,754 | € -28,883 | € -69,248 | ▼ € 40,366 |
| Bank debt | € 9,371 | € 4,054 | € 7,799 | € 9,605 | ▲ 23% |
| Balance sheet total | € 12,988 | € 13,842 | € 21,730 | € 6,913 | ▼ 68% |
Key figures of MB-ISOLATIE, fiscal years 2021 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 MB-ISOLATIE?
What happened at MB-ISOLATIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,366 (▼ € 65,236 vs 2024). Source: NBB ↗
- Jeroen Baete became a director. NBB
- Marnix Baete became a director. NBB
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,911 loss in 2021 to € 40,366 loss in 2025.
Best year ever: 2024, with € 24,871 profit.
Management
Behind MB-ISOLATIE are Marnix Baete and Jeroen Baete.
Directors
According to the 2025 annual accounts
Marnix Baete
Manager
since 2007
Jeroen Baete
Manager
since 2009
Establishments
Establishment units
Physical locations of this company
Blaktestraat 18
9910 Aalter
Stroomstraat 58
9968 Assenede
Active since 29 August 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.852.682
- VAT number
- BE 0477.852.682
- Registered office
- Blaktestraat 18, 9910 Aalter
- Names & denominations
- MB-ISOLATIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2002
- Peppol
- Active · Active since 31 Mar 2026
- Contact
- [email protected]
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Overige werkzaamheden in verband met de afwerking van gebouwen