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 %.
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Shrinking team NBB
FTE fell two years in a row, from 26.2 to 23.5.
Financials
Financial year 2025
IsoHemp from Fernelmont, company number BE0845548604, closed financial year 2025 with a result of € -3.5 million after tax. For that financial year IsoHemp recorded a gross margin of € 948,788 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -3.7 million to € -3.5 million. The company made a loss. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 1.2 million
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.5 million
▲ 4 % less loss than in 2024
Profit after tax over the fiscal year.
€ 499,149
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10.1 million.
People and assets in 2025
23.5
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 10% vs 2024
€ 134,200 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.
€ 123,093
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8.6 million
▼ 3% vs 2024
€ 819,798 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1.5 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 416,599
▲ 43% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 675,396 | € 372,609 | € 259,032 | € 948,788 | ▲ 266% |
| Profit after taxes | € -2,015,494 | € -2,941,861 | € -3,659,540 | € -3,516,903 | ▲ € 142,637 |
| Equity | € 2,280,688 | € 6,496,517 | € 4,828,344 | € 1,234,171 | ▼ 74% |
| Total debts | € 8,828,893 | € 7,811,046 | € 10,665,246 | € 14,053,790 | ▲ 32% |
| Cash | € 774,687 | € 1,687,943 | € 392,489 | € 499,149 | ▲ 27% |
| Land & buildings | € 2,918,505 | € 4,407,767 | € 5,937,667 | € 5,652,263 | ▼ 5% |
| Retained profit | € -4,370,100 | € -2,941,861 | € -6,601,401 | € -10,118,304 | ▼ € 3.5 million |
| Bank debt | € 7,611,005 | € 6,400,483 | € 8,815,990 | € 8,592,230 | ▼ 3% |
| Balance sheet total | € 11,109,581 | € 14,324,564 | € 15,510,590 | € 15,287,961 | ▼ 1% |
| Employees (FTE) | 25.4 | 26.2 | 25.3 | 23.5 | ▼ 1.8 |
Key figures of IsoHemp, 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 IsoHemp?
What happened at IsoHemp in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.5 million. Source: NBB ↗
- New establishment in Fernelmont. KBO
- New establishment in Fernelmont. KBO
- New establishment in Fernelmont. KBO
- Start of the company according to the CBE. KBO
In short
From € 2 million loss in 2022 to € 3.5 million loss in 2025.
Paid € 11,928 in corporate taxes since 2022.
On average € 40,400 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Rue Georges Cosse, ZI, Nov. 1
5380 Fernelmont
Rue du Grand Champ, ZI, Nov. 18
5380 Fernelmont
Active since 23 April 2012
Rue de la Petite Bolette,ZI,Nov. 15
5380 Fernelmont
Active since 1 June 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0845.548.604
- VAT number
- BE 0845.548.604
- Registered office
- Rue Georges Cosse, ZI, Nov. 1, 5380 Fernelmont
- Names & denominations
- IsoHemp
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2012
- Peppol
- Active · Active since 27 Nov 2025
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