What does isomasters do?

isomasters is a machinery manufacturer in Waregem. Public Limited, started on 4 August 2016, 1 establishment.

What is the address of isomasters?

The registered office of isomasters is located at Pontstraat 80, 8791 Waregem.

Is isomasters still active?

Yes. According to the CBE (29 October 2026) isomasters is active, legal situation “Normale toestand”, started on 4 August 2016.

Is isomasters registered on Peppol?

Yes, isomasters is registered on the Peppol network with ID 0208:0660716488.

What is the enterprise number of isomasters?

The enterprise number of isomasters is BE0660716488.

When was isomasters founded?

isomasters was founded on 4 August 2016.

Who are the directors of isomasters?

According to the 2025 annual accounts, the directors of isomasters are: Steven De Rynck, Gilbert McCarthy, GREEN MONKEY BV, Cédric Bruge, Jean-François Koeune, Michel van der Helm.

Is isomasters a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 August 2016; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did isomasters make in 2025?

isomasters recorded a loss after taxes of € 366,834 in financial year 2025.

What is the revenue of isomasters?

In its most recent annual accounts (2025), isomasters reported revenue of € 21,537,412.

How much does an employee at isomasters earn?

The average wage cost per full-time employee at isomasters was € 59,500 in 2025: staff costs of € 6.7 million for 112.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does isomasters have?

According to the 2025 annual accounts, isomasters has 112.2 full-time equivalents (FTE).

Does isomasters have a website?

Yes, isomasters has a website at isomasters.com.

isomasters (Public Limited) - Waregem - BE0660716488

Dossier isomasters, printed on 29 October 2026 from databakkes.be/en/0660716488/isomasters. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 152.1 to 112.2.

Financials

Financial year 2025

isomasters from Waregem, company number BE0660716488, closed financial year 2025 with a result of € -366,834 after tax. For that financial year isomasters recorded revenue of € 21.5 million and equity of € 2 million. Compared with financial year 2024, the result moved from € -887,288 to € -366,834. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Healthy

€ 2 million

▼ 15% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -366,834

▲ 59 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4,982

▼ 87% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1 million.

People and assets in 2025

Full-time equivalents

112.2

▼ 30 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 5.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 6.7 million

▼ 19% vs 2024

€ 59,500 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.

Vehicles and equipment

€ 159,604

▼ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 3.2 million

▲ 6% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.7 million

▼ 31% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.

Taxes and wages

€ 849,761

▲ 1% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 32,794,367 Revenue 2022: € 32,794,367 First fiscal year in the series	€ 26,494,273 Revenue 2023: € 26,494,273 ▼ 19% vs 2022 (€ 32,794,367) Unfavourable step	€ 26,402,517 Revenue 2024: € 26,402,517 Unchanged (€ 26,494,273) Unfavourable step	€ 21,537,412 Revenue 2025: € 21,537,412 ▼ 18% vs 2024 (€ 26,402,517) Unfavourable step	▼ 18%
Profit after taxes	€ 1,399,505 Profit after taxes 2022: € 1,399,505 First fiscal year in the series	€ 20,975 Profit after taxes 2023: € 20,975 ▼ 99% vs 2022 (€ 1,399,505) Unfavourable step	€ -887,288 Profit after taxes 2024: € -887,288 ▼ € 908,262 vs 2023 (€ 20,975) Unfavourable step	€ -366,834 Profit after taxes 2025: € -366,834 ▲ € 520,454 vs 2024 (€ -887,288) Favourable step	▲ € 520,454
Equity	€ 3,283,038 Equity 2022: € 3,283,038 First fiscal year in the series	€ 3,304,013 Equity 2023: € 3,304,013 ▲ 1% vs 2022 (€ 3,283,038) Favourable step	€ 2,416,725 Equity 2024: € 2,416,725 ▼ 27% vs 2023 (€ 3,304,013) Unfavourable step	€ 2,049,892 Equity 2025: € 2,049,892 ▼ 15% vs 2024 (€ 2,416,725) Unfavourable step	▼ 15%
Total debts	€ 7,657,418 Total debts 2022: € 7,657,418 First fiscal year in the series	€ 5,808,835 Total debts 2023: € 5,808,835 ▼ 24% vs 2022 (€ 7,657,418) Favourable step	€ 6,604,518 Total debts 2024: € 6,604,518 ▲ 14% vs 2023 (€ 5,808,835) Unfavourable step	€ 5,853,918 Total debts 2025: € 5,853,918 ▼ 11% vs 2024 (€ 6,604,518) Favourable step	▼ 11%
Cash	€ 20,731 Cash 2022: € 20,731 First fiscal year in the series	€ 9,114 Cash 2023: € 9,114 ▼ 56% vs 2022 (€ 20,731) Unfavourable step	€ 38,351 Cash 2024: € 38,351 ▲ € 29,236 vs 2023 (€ 9,114) Favourable step	€ 4,982 Cash 2025: € 4,982 ▼ 87% vs 2024 (€ 38,351) Unfavourable step	▼ 87%
Retained profit	€ 2,283,038 Retained profit 2022: € 2,283,038 First fiscal year in the series	€ 2,304,013 Retained profit 2023: € 2,304,013 ▲ 1% vs 2022 (€ 2,283,038) Favourable step	€ 1,416,725 Retained profit 2024: € 1,416,725 ▼ 39% vs 2023 (€ 2,304,013) Unfavourable step	€ 1,049,892 Retained profit 2025: € 1,049,892 ▼ 26% vs 2024 (€ 1,416,725) Unfavourable step	▼ 26%
Bank debt	€ 2,795,571 Bank debt 2022: € 2,795,571 First fiscal year in the series	€ 1,831,619 Bank debt 2023: € 1,831,619 ▼ 34% vs 2022 (€ 2,795,571) Favourable step	€ 2,982,388 Bank debt 2024: € 2,982,388 ▲ 63% vs 2023 (€ 1,831,619) Unfavourable step	€ 3,156,299 Bank debt 2025: € 3,156,299 ▲ 6% vs 2024 (€ 2,982,388) Unfavourable step	▲ 6%
Balance sheet total	€ 11,025,966 Balance sheet total 2022: € 11,025,966 First fiscal year in the series	€ 9,229,651 Balance sheet total 2023: € 9,229,651 ▼ 16% vs 2022 (€ 11,025,966) Unchanged	€ 9,051,744 Balance sheet total 2024: € 9,051,744 ▼ 2% vs 2023 (€ 9,229,651) Unchanged	€ 8,004,232 Balance sheet total 2025: € 8,004,232 ▼ 12% vs 2024 (€ 9,051,744) Unchanged	▼ 12%
Employees (FTE)	154.3 Employees (FTE) 2022: 154.3 First fiscal year in the series	152.1 Employees (FTE) 2023: 152.1 ▼ 2.2 vs 2022 (154.3) Unchanged	142.2 Employees (FTE) 2024: 142.2 ▼ 9.9 vs 2023 (152.1) Unchanged	112.2 Employees (FTE) 2025: 112.2 ▼ 30 vs 2024 (142.2) Unchanged	▼ 30

Key figures of isomasters, 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 isomasters?

What happened at isomasters in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Cédric Bruge stepped down as director. NBB
2028 Jean-François Koeune stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: loss of € 366,834. Source: NBB ↗
2026 Cédric Bruge became a director. NBB
2026 Jean-François Koeune became a director. NBB
2026 Michel van der Helm stepped down as director. NBB
2025 GREEN MONKEY BV stepped down as director. NBB
Aug 4, 2016 New establishment in Waregem. KBO

In short

From € 1.4 million profit in 2022 to € 366,834 loss in 2025.

Paid € 77,900 in corporate taxes since 2022.

Best year ever: 2022, with € 1.4 million profit.

Pays suppliers within 38 days on average.

Original PDFs at the National Bank ↗

Management

KINGSPAN HOLDING BELGIUM 100%

The stake of KINGSPAN HOLDING BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

isomasters

Behind isomasters are Steven De Rynck and Gilbert McCarthy. The shares are held by KINGSPAN HOLDING BELGIUM (100%).

Directors

According to the 2025 annual accounts

Steven De Rynck

Director

Gilbert McCarthy

Director

GREEN MONKEY BV

Managing director · represented by Christophe Bouvry

Also active at: PARCHIM, Magis-Pharma, Magis Pharma Group

· until 2025

Cédric Bruge

Managing director

since 2026 · until 2028

Jean-François Koeune

Managing director

since 2026 · until 2028

Michel van der Helm

Managing director

· until 2026

Shareholders

KINGSPAN HOLDING BELGIUM

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Pontstraat 80

8791 Waregem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS isomasters.com

Canonical: https://www.isomasters.com/nl/nl/

Technologies

Adobe Experience ManagerAdobe LaunchApachePWASwiper

Hosting & Email

Email provider

Mimecast

Hosting

MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US

Domain

isomasters.com

Registered

2016-10-31

Registrar

MarkMonitor Inc.

Expires

2027-10-31

Website info

HTTPS Ja

Languages NL

Features

Webshop Contact page

Security

✓ HTTPS

✗ SPF

✓ DMARC

Details

Company number

0660.716.488

VAT number

BE 0660.716.488

Registered office

Pontstraat 80, 8791 Waregem

Names & denominations

isomasters

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 August 2016

Peppol

Active · Active since 1 Jan 2001

Contact

isomasters.com

Activities · NACE

Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik

Vervaardiging van kunststoffen in primaire vormen

Installatie van isolatie

Isolatiewerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

isomasters

Warning lights

Financials

What happened to isomasters?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions