Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
EIB Insulation from Schoten, company number BE0506928334, closed financial year 2023 with a result of € 125,973 after tax. For that financial year EIB Insulation recorded revenue of € 48.1 million and equity of € 1.9 million. Compared with financial year 2022, the result moved from € 328,650 to € 125,973. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 28, 2024.
€ 1.9 million
▼ 9% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 125,973
▼ 62% vs 2022
Profit after tax over the fiscal year.
€ 260,053
▼ 72% vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 320,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2023
100.4
▲ 14.7 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 8.2 million
▲ 2% vs 2022
€ 81,300 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.
€ 664,346
▲ 65% vs 2022
Of which on lease € 512,371.
Debts at end 2023
€ 8.9 million
▲ 161% vs 2022
€ 321,229 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 9.2 million
▲ 4% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 982,510
▲ 45% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Revenue | € 53,097,434 | € 48,073,424 | ▼ 9% |
| Profit after taxes | € 328,650 | € 125,973 | ▼ 62% |
| Equity | € 2,046,267 | € 1,852,241 | ▼ 9% |
| Total debts | € 15,781,345 | € 21,053,184 | ▲ 33% |
| Cash | € 931,993 | € 260,053 | ▼ 72% |
| Retained profit | € 1,984,767 | € 1,790,741 | ▼ 10% |
| Dividend | € 330,000 | € 320,000 | ▼ 3% |
| Bank debt | € 3,404,580 | € 8,869,836 | ▲ 161% |
| Balance sheet total | € 17,877,977 | € 22,948,361 | ▲ 28% |
| Employees (FTE) | 85.7 | 100.4 | ▲ 14.7 |
Key figures of EIB Insulation, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to EIB Insulation?
What happened at EIB Insulation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
EIB Insulation is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 125,973 (▼ 62% vs 2022). Source: NBB ↗
- Bichette became a director. NBB
- New establishment in Schoten. KBO
- Start of the company according to the CBE. KBO
In short
From € 328,650 profit in 2022 to € 125,973 profit in 2023.
Paid € 452,252 in corporate taxes since 2022.
Best year ever: 2022, with € 328,650 profit.
Paid out € 650,000 in dividends to the owners in total.
A new publication or filing at EIB Insulation? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind EIB Insulation is Bichette. The shares are held by Bichette (100%). It owns 100% of EIB Specialty Services, 100% of EIB Insulation Contracting and 70% of EIB Scaffolding itself.
Directors
According to the 2023 annual accounts
Director · represented by Franky VERSTRAETEN
since 2019
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Melkerijstraat 61-63
2900 Schoten
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
- 0506.928.334
- VAT number
- BE 0506.928.334
- Registered office
- Melkerijstraat 61-63, 2900 Schoten
- Names & denominations
- EIB Insulation
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 17 December 2014
- Peppol
- Not registered
- Activities · NACE
Installatie van isolatie
Isolatiewerkzaamheden