ACTIVE

ISOBUILD KORTEMARK

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Financial year 2025 · closed on 31/12/2025
Net result
6,8 M €
-32.5% YoY
Revenue
29,8 M €
+17.2% YoY
Equity
66,4 M €
+11.4% YoY
Workforce
13,7 ETP
-3.5% YoY

What does ISOBUILD KORTEMARK do?

ISOBUILD KORTEMARK is a Public limited company incorporated in 1973. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Kortemark. It employs on average 13,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0413.000.165
Incorporation
13/02/1973
Legal form
Public limited company
Registered office
Makeveldstraat 5 box A
8610 Kortemark · FlandreSee on map
Contributed capital
90 000,00 €
Latest accounts
31/12/2025
Average workforce
13,7 ETP
Activities (NACE)
46731Wholesale of wood, construction materials and sanitary equipment· main46831Wholesale trade, except of motor vehicles and motorcycles51532Air transport
Joint committees (4)
  • 100
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172013201220102009200820072006
Income statement
Revenue29,8 M €25,4 M €30,8 M €40,5 M €39,6 M €33,3 M €35,5 M €35,7 M €42,5 M €41,2 M €41,3 M €39,1 M €36,3 M €31,7 M €25,8 M €19,1 M €
EBITDA1,1 M €266,5 k €914,1 k €2,7 M €2,7 M €2 M €2,4 M €2,4 M €3,2 M €4,4 M €4,5 M €4,5 M €3,2 M €2,4 M €2 M €1,5 M €
Operating result796,8 k €88,6 k €814,4 k €2,5 M €2,5 M €3,5 M €1,9 M €1,9 M €2,7 M €1 M €4 M €4,2 M €2,9 M €2,2 M €1,3 M €1,4 M €
Net result6,8 M €10 M €7,6 M €7,2 M €7,8 M €3,9 M €7,3 M €45,8 M €3,8 M €552,6 k €2,7 M €2,8 M €2,6 M €2,1 M €1 M €872,8 k €
Balance sheet
Equity66,4 M €59,7 M €49,6 M €42 M €34,7 M €27 M €23 M €15,7 M €17,9 M €6,8 M €6,3 M €2,8 M €11 M €8,4 M €6,3 M €5,3 M €
Total assets107,5 M €100,3 M €93,4 M €83,6 M €76,8 M €82,7 M €79,2 M €79,8 M €98,8 M €19,6 M €22,1 M €23,3 M €15,2 M €11,4 M €10 M €8,6 M €
Cash49 k €15,1 k €243,6 k €19,7 k €99,8 k €49,1 k €29,4 k €589,2 k €48 k €540,9 k €1,1 M €2,6 M €1,6 M €1,9 M €1,4 M €1,5 M €
Debts39,7 M €39,2 M €42,3 M €40,1 M €40,9 M €54,2 M €54,6 M €62,7 M €80,3 M €12,6 M €15,8 M €20,5 M €4,1 M €2,9 M €3,6 M €3,3 M €
Other
Workforce13,7 ETP14,2 ETP13,6 ETP13,9 ETP14,0 ETP14,6 ETP14,7 ETP15,5 ETP14,7 ETP15,2 ETP14,8 ETP22,8 ETP20,2 ETP8,7 ETP1,9 ETP0,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 43 ended

Active mandates

BTX CONSULT BV

Managing director · since 14 juin 2024 · until 13 juin 2030

Active
LDB CONSULTING

Director · since 09 juin 2023 · until 07 juin 2029 · 0544.724.680

Active
VNI INVEST

Director · since 09 juin 2023 · until 07 juin 2029 · 0828.251.029

Active
MERVIN

Director · since 01 janvier 2023 · until 08 juin 2028 · 0845.201.184

Active

Ended mandates

MERVIN

Director · since 01 janvier 2023 · until 09 juin 2028 · 0845.201.184

Ended
BTX CONSULT B.V.

Managing director · since 24 janvier 2019 · until 14 juin 2024

Represented by Remco Boerefijn

Ended
BTX CONSULT BV

Managing director · since 24 janvier 2019 · until 13 juin 2024

Ended
HRM Solutions Europe

Director · since 19 décembre 2017 · until 23 avril 2019 · 0667.860.242

Represented by Stefaan Stevens

Ended
At this address

Other companies at this address

CompanyCBE no.
VERMEERSCH LOGISTICS● Active
0476.409.263
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/09/202617/06/202520/06/202422/06/202305/07/202209/07/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full modelCorrection31/12/202512/06/202621/09/2026DutchPDF
Full modelCorrection31/12/202512/06/202617/09/2026DutchPDF
Full model31/12/202512/06/202630/06/2026DutchPDF
Full model31/12/202413/06/202517/06/2025DutchPDF
Full model31/12/202314/06/202420/06/2024DutchPDF
Full model31/12/202209/06/202322/06/2023DutchPDF
Full model31/12/202110/06/202205/07/2022DutchPDF
Full model31/12/202011/06/202109/07/2021DutchPDF
Full model31/12/201912/06/202009/07/2020DutchPDF
Full model31/12/201814/06/201905/07/2019DutchPDF
Full model31/12/201708/06/201821/06/2018DutchPDF
Full model31/12/201630/06/201703/08/2017DutchPDF
Full model31/12/201515/07/201617/08/2016DutchPDF
Full model31/12/201412/06/201506/07/2015DutchPDF
Full model31/12/201313/06/201414/07/2014DutchPDF
Full model31/12/201214/06/201312/07/2013DutchPDF
Full model31/12/201108/06/201209/07/2012DutchPDF
Full model31/12/201010/06/201105/07/2011DutchPDF
Full model31/12/200905/06/201028/07/2010DutchPDF
Full model31/12/200806/06/200904/09/2009DutchPDF
Full model31/12/200707/06/200827/06/2008DutchPDF
Full model31/12/200602/06/200714/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 43 ended

Active mandates

BTX CONSULT BV

Managing director · since 14 juin 2024 · until 13 juin 2030

Active
LDB CONSULTING

Director · since 09 juin 2023 · until 07 juin 2029 · 0544.724.680

Active
VNI INVEST

Director · since 09 juin 2023 · until 07 juin 2029 · 0828.251.029

Active
MERVIN

Director · since 01 janvier 2023 · until 08 juin 2028 · 0845.201.184

Active

Ended mandates

MERVIN

Director · since 01 janvier 2023 · until 09 juin 2028 · 0845.201.184

Ended
BTX CONSULT B.V.

Managing director · since 24 janvier 2019 · until 14 juin 2024

Represented by Remco Boerefijn

Ended
BTX CONSULT BV

Managing director · since 24 janvier 2019 · until 13 juin 2024

Ended
HRM Solutions Europe

Director · since 19 décembre 2017 · until 23 avril 2019 · 0667.860.242

Represented by Stefaan Stevens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring23/02/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates28/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring29/12/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other12/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN
    PDF
  • Mandates10/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates02/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 31/01/2026
    split
  2. 30/01/2026
    constitution
  3. 30/01/2026
    reduction_capital
  4. 30/01/2026
    augmentation_capital
  5. 30/01/2026
    constitutionVERMEERSCH LOGISTICS NV — founder
  6. 01/01/2026
    splitVERMEERSCH LOGISTICS NV
  7. 2025
    Annual accounts 20256,8 M €↓
  8. 05/12/2025
    nominationEY Bedrijfsrevisoren BV — commissaris
  9. 2024
    Annual accounts 202410 M €↑
  10. 14/06/2024
    reconductionBTX CONSULT BV — bestuurder
  11. 2024
    Name changeIsobuild Kortemark
  12. 2023
    Annual accounts 20237,6 M €↑
  13. 09/06/2023
    reconductionLDB Consulting BV — bestuurder
  14. 09/06/2023
    reconductionVNI Invest BV — bestuurder
  15. 01/01/2023
    nominationMERVIN BV — bestuurder
  16. 2022
    Annual accounts 20227,2 M €↓
  17. 10/06/2022
    reconductionEY Bedrijfsrevisoren BV — commissaris
  18. 10/06/2022
    nominationLieve Cornelis — commissaris
  19. 2021
    Annual accounts 20217,8 M €↑
  20. 2020
    Annual accounts 20203,9 M €↓
  21. 2019
    Annual accounts 20197,3 M €↓
  22. 2018
    Annual accounts 201845,8 M €↑
  23. 2017
    Annual accounts 20173,8 M €↑
  24. 2013
    Annual accounts 2013552,6 k €↓
  25. 2012
    Annual accounts 20122,7 M €↓
  26. 2010
    Annual accounts 20102,8 M €↑
  27. 2009
    Annual accounts 20092,6 M €↑
  28. 2008
    Annual accounts 20082,1 M €↑
  29. 2007
    Annual accounts 20071 M €↑
  30. 2006
    Annual accounts 2006872,8 k €
  31. 2006
    Name changeWaeyaert-Vermeersch Isolatie
  32. 13/02/1973
    IncorporationPublic limited company