Warning lights
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
ISOCAB CONSTRUCT from Ingelmunster, company number BE0501531174, closed financial year 2025 with a result of € 450,496 after tax. For that financial year ISOCAB CONSTRUCT recorded revenue of € 26.9 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 484,924 to € 450,496. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 2.8 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 450,496
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 1,686
▼ 99% 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 € 2.5 million.
People and assets in 2025
65.5
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.7 million
▲ 5% vs 2024
€ 72,300 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.
€ 221,573
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5.7 million
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 88 days on average.
€ 217,579
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 38,007,250 | € 40,388,414 | € 34,861,616 | € 26,940,243 | ▼ 23% |
| Profit after taxes | € 1,592,533 | € -2,103,423 | € 484,924 | € 450,496 | ▼ 7% |
| Equity | € 3,923,455 | € 1,820,033 | € 2,304,957 | € 2,755,453 | ▲ 20% |
| Total debts | € 14,136,502 | € 13,958,274 | € 13,113,269 | € 11,373,532 | ▼ 13% |
| Cash | € 2,022,086 | € 611,358 | € 183,701 | € 1,686 | ▼ 99% |
| Retained profit | € 3,623,455 | € 1,520,033 | € 2,004,957 | € 2,455,453 | ▲ 22% |
| Dividend | € 500,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 3,409,059 | € 552,840 | € 108,507 | € 0 | ▼ 100% |
| Balance sheet total | € 18,085,681 | € 15,793,093 | € 15,424,262 | € 14,128,985 | ▼ 8% |
| Employees (FTE) | 62.8 | 61 | 65.7 | 65.5 | ▼ 0.2 |
Key figures of ISOCAB CONSTRUCT, 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 ISOCAB CONSTRUCT?
What happened at ISOCAB CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 450,496 (▼ 7% vs 2024). Source: NBB ↗
- Cold Care Group MidCo BV became a director. NBB
- P.C. BV became a director. NBB
- Hendrik Engeltjes became a director. NBB
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2022 to € 450,496 profit in 2025.
Paid € 539,350 in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
Paid out € 500,000 in dividends to the owners in total.
Management
The stake of IC-CONSTRUCT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ISOCAB CONSTRUCTBehind ISOCAB CONSTRUCT are Cold Care Group MidCo BV, P.C. BV and Hendrik Engeltjes. The shares are held by IC-CONSTRUCT (100%).
Directors
According to the 2025 annual accounts
Cold Care Group MidCo BV
Director · represented by Claaszen Bernardus
Also active at: HOSA, IC-CONSTRUCT, CEGAL INVEST
since 2023
Managing director · represented by Castelein Pierre
Also active at: HAPATRIM, HOSA, KRISKO, IC-CONSTRUCT, STMSE, CEGAL INVEST, P.U. SYSTEMS, SYSTEMHOUSE
since 2023
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zuidkaai 8
8770 Ingelmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0501.531.174
- VAT number
- BE 0501.531.174
- Registered office
- Zuidkaai 8, 8770 Ingelmunster
- Names & denominations
- ISOCAB CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2012
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Algemene bouw van andere niet-residentiële gebouwen
Installatie van isolatie
Opslag
Handelsbemiddeling in de niet-gespecialiseerde groothandel