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 3 of the last 3 fiscal years.
-
Legal situation KBO
Gerechtelijke ontbinding of nietigheid according to the CBE.
Financials
Financial year 2023
Isolatiewerken Vanassche from Zulte, company number BE0832725697, closed financial year 2023 with a result of € 3,432 after tax. For that financial year Isolatiewerken Vanassche recorded a gross margin of € 15,158 and equity of € -53,768. Compared with financial year 2022, the result moved from € 460 to € 3,432. Profitable, and profit is growing. 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 September 5, 2024.
€ -53,768
▲ € 3,432 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,432
▲ € 2,972 vs 2022
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -72,368.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,474
▼ 33% vs 2022
Of which on lease € 10,474.
Debts at end 2023
€ 84,835
▼ 13% vs 2022
€ 15,634 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 9,780
▼ 3% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 106
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -272 | € 19,779 | € 15,158 | ▼ 23% |
| Profit after taxes | € -18,010 | € 460 | € 3,432 | ▲ € 2,972 |
| Equity | € -57,661 | € -57,201 | € -53,768 | ▲ € 3,432 |
| Total debts | € 112,099 | € 108,063 | € 94,730 | ▼ 12% |
| Cash | € 0 | € 147 | - | |
| Retained profit | € -76,261 | € -75,801 | € -72,368 | ▲ € 3,432 |
| Bank debt | € 110,859 | € 97,871 | € 84,835 | ▼ 13% |
| Balance sheet total | € 54,438 | € 50,862 | € 40,962 | ▼ 19% |
Key figures of Isolatiewerken Vanassche, fiscal years 2021 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 Isolatiewerken Vanassche?
What happened at Isolatiewerken Vanassche in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Isolatiewerken Vanassche is active according to the CBE. Legal situation: Gerechtelijke ontbinding of nietigheid.
- New annual accounts for financial year 2023: profit of € 3,432 (▲ € 2,972 vs 2022). filed late Source: NBB ↗
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,010 loss in 2021 to € 3,432 profit in 2023.
Paid € 51 in corporate taxes since 2021.
Best year ever: 2023, with € 3,432 profit.
A new publication or filing at Isolatiewerken Vanassche? 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 Isolatiewerken Vanassche is Martin Vanassche.
Directors
According to the 2023 annual accounts
Martin Vanassche
Manager
Establishments
Establishment units
Physical locations of this company
Lindenlaan 25
9870 Zulte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0832.725.697
- VAT number
- BE 0832.725.697
- Registered office
- Lindenlaan 25, 9870 Zulte
- Names & denominations
- Isolatiewerken Vanassche
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Gerechtelijke ontbinding of nietigheid
- Start date
- 12 January 2011
- Peppol
- Not registered