ACTIVE

ISOLATIEWERKEN DE ZUTTER

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Financial year 2025 · Closed on 30/09/2025

Net result212,4 k €+15,6 %over 1 year

Gross margin892,9 k €+1,1 %over 1 year

Equity1,5 M €+17,0 %over 1 year

Workforce7,4 ETP-7,5 %over 1 year

Identity

Source · BCE/KBO

ISOLATIEWERKEN DE ZUTTER is a Private limited company incorporated in 1990. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Evergem. It employs on average 7,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0440.527.478
Incorporation: 02/05/1990
Legal form: Private limited company
Registered office: Langendam 27D
9940 Evergem · FlandreSee on map
Contributed capital: 20 000,00 €
Latest accounts: 30/09/2025
Average workforce: 7,4 ETP

Activities (NACE)

43230Electrical, plumbing and other construction installation activities· main 43291Other construction installation 45320Retail trade of motor vehicle parts and accessories

Joint committees (2)

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	892,9 k €	+1.1%	883 k €	+7.5%	821,6 k €	+34.8%	609,4 k €	-5.5%	645,2 k €
EBITDA	383,9 k €	+4.4%	367,7 k €	+19.2%	308,5 k €	+31.0%	235,5 k €	-19.6%	292,9 k €
Operating result	298,6 k €	+6.3%	280,8 k €	+17.8%	238,3 k €	+40.6%	169,5 k €	-26.1%	229,3 k €
Net result	212,4 k €	+15.6%	183,7 k €	+16.6%	157,6 k €	+60.1%	98,4 k €	-33.8%	148,6 k €
Balance sheet
Equity	1,5 M €	+17.0%	1,2 M €	+12.0%	1,1 M €	+8.0%	1 M €	+2.8%	1 M €
Total assets	2,2 M €	+8.3%	2,1 M €	-2.4%	2,1 M €	+26.7%	1,7 M €	-3.9%	1,7 M €
Cash	309,1 k €	-16.2%	368,9 k €	+6.7%	345,6 k €	-20.9%	437,1 k €	-19.3%	541,5 k €
Debts	775,4 k €	-4.2%	809,3 k €	-16.7%	971,6 k €	+70.0%	571,6 k €	-20.8%	721,5 k €
Other
Workforce	7,4 ETP	-7.5%	8,0 ETP	+8.1%	7,4 ETP	+4.2%	7,1 ETP	-5.3%	7,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 4 ended

Active mandates

Michaël DE ZUTTER

Director · since 12 avril 2008

Active

Ended mandates

Michael DE ZUTTER

Manager · since 12 avril 2008 · until 30 juin 2014

Ended

Michael De Zutter

Director

Ended

MICHAEL DE ZUTTER

Manager

Ended

WILLY DE ZUTTER

Manager

Ended

Other companies at this address

Langendam 27D 9940 Evergem

Company	CBE no.
ISO TRUST● Active	1034.568.940

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/12/2025	10/04/2025	30/04/2024	28/04/2023	28/04/2022	28/04/2021
General meeting	03/12/2025	22/03/2025	20/04/2024	15/04/2023	19/03/2022	20/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	03/12/2025	15/12/2025	Dutch	PDF
Abridged model	30/09/2024	22/03/2025	10/04/2025	Dutch	PDF
Abridged model	30/09/2023	20/04/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	15/04/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	19/03/2022	28/04/2022	Dutch	PDF
Abridged model	30/09/2020	20/03/2021	28/04/2021	Dutch	PDF
Abridged model	30/09/2019	30/03/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	30/03/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	07/04/2018	02/05/2018	Dutch	PDF
Abridged modelCorrection	30/09/2016	18/03/2017	01/08/2017	Dutch	PDF
Abridged model	30/09/2016	18/03/2017	03/05/2017	Dutch	PDF
Abridged model	30/09/2015	09/04/2016	09/05/2016	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	23/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	26/10/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	11/10/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	20/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/07/2007	20/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 4 ended

Active mandates

Michaël DE ZUTTER

Director · since 12 avril 2008

Active

Ended mandates

Michael DE ZUTTER

Manager · since 12 avril 2008 · until 30 juin 2014

Ended

Michael De Zutter

Director

Ended

MICHAEL DE ZUTTER

Manager

Ended

WILLY DE ZUTTER

Manager

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/03/2026
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring29/12/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other21/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/12/2023
WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other20/01/2015
DOEL - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates04/11/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2004
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025212,4 k €↑
2024
Annual accounts 2024183,7 k €↑
2023
Annual accounts 2023157,6 k €↑
2022
Annual accounts 202298,4 k €↓
2021
Annual accounts 2021148,6 k €↑
2020
Annual accounts 202040,1 k €↑
2019
Annual accounts 201924,4 k €↑
2018
Annual accounts 201823,6 k €↑
2017
Annual accounts 2017826,1 €↓
2016
Annual accounts 201694,5 k €↓
2015
Annual accounts 2015156,1 k €↑
2013
Annual accounts 2013136 k €↑
2012
Annual accounts 2012116,5 k €↑
2011
Annual accounts 201169 k €↑
2010
Annual accounts 201035,6 k €↑
2009
Annual accounts 200920,2 k €↓
2008
Annual accounts 200829,7 k €↓
2007
Annual accounts 200778,9 k €↓
2006
Annual accounts 200679,5 k €
02/05/1990
IncorporationPrivate limited company

ISOLATIEWERKEN DE ZUTTER

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline