ACTIVE

ISOFORM

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Financial year 2025 · closed on 31/12/2025

Net result

588,7 k €

+21.6% YoY

Gross margin

2,6 M €

+9.0% YoY

Equity

2,4 M €

-8.0% YoY

Workforce

29,7 ETP

-0.3% YoY

What does ISOFORM do?

ISOFORM is a Public limited company incorporated in 1996. Its main activity is: Manufacture of plastic products. Its registered office is in Harelbeke. It employs on average 29,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.327.860

Incorporation

29/11/1996

Legal form

Public limited company

Registered office

Vaarnewijkstraat 12
8530 Harelbeke · FlandreSee on map

Contributed capital

147 450,00 €

Latest accounts

31/12/2025

Average workforce

29,7 ETP

Activities (NACE)

22260Manufacture of plastic products· main 22290Manufacture of other plastic products 25240Manufacture of tanks, reservoirs and containers of metal 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,6 M €	+9.0%	2,4 M €	-0.0%	2,4 M €	-3.3%	2,5 M €	+35.8%	1,8 M €	+26.4%	1,5 M €	-24.2%	1,9 M €	-8.4%	2,1 M €	+45.5%	1,4 M €	+3.4%	1,4 M €	-10.1%	1,6 M €	+11.1%	1,4 M €	-27.9%	1,9 M €	-14.7%	2,3 M €	+70.7%	1,3 M €	+173%	487,7 k €	-69.8%	1,6 M €	-16.4%	1,9 M €	-5.9%	2,1 M €
EBITDA	1,1 M €	+14.9%	966,8 k €	+22.7%	788,2 k €	-23.9%	1 M €	+114%	483,4 k €	+74.3%	277,4 k €	+13.0%	245,4 k €	-39.5%	405,6 k €	+119%	185,6 k €	+19.0%	156 k €	-52.9%	331,1 k €	+8.4%	305,4 k €	-58.8%	741,5 k €	-31.1%	1,1 M €	+118%	494,6 k €	+377%	-178,3 k €	-140%	448,9 k €	-45.8%	828,8 k €	-27.1%	1,1 M €
Operating result	840,3 k €	+30.6%	643,3 k €	+12.7%	570,9 k €	-37.0%	906,7 k €	+145%	370,5 k €	+137%	156,4 k €	-31.1%	226,9 k €	-27.6%	313,6 k €	+687%	39,8 k €	-46.6%	74,6 k €	-52.2%	156,2 k €	+39.9%	111,7 k €	-71.2%	387,1 k €	-51.9%	805,5 k €	+199%	269,7 k €	+155%	-487,4 k €	-779%	71,8 k €	-80.6%	370,9 k €	-40.7%	625,7 k €
Net result	588,7 k €	+21.6%	484 k €	+1.0%	479,2 k €	-35.1%	738,9 k €	+120%	336 k €	+158%	130,4 k €	-18.4%	159,8 k €	-32.4%	236,2 k €	+388%	48,4 k €	-22.9%	62,8 k €	-43.6%	111,2 k €	+8.8%	102,3 k €	-66.2%	302,4 k €	-56.4%	693,1 k €	+144%	284,6 k €	+160%	-470,7 k €	-690%	79,8 k €	-72.8%	293,9 k €	-34.6%	449,4 k €
Balance sheet
Equity	2,4 M €	-8.0%	2,7 M €	+17.8%	2,3 M €	+21.3%	1,9 M €	+10.5%	1,7 M €	+11.1%	1,5 M €	-0.8%	1,5 M €	-2.7%	1,6 M €	+16.6%	1,3 M €	-7.0%	1,4 M €	+4.5%	1,4 M €	-22.2%	1,8 M €	-45.7%	3,3 M €	+10.2%	3 M €	+30.4%	2,3 M €	+14.2%	2 M €	-19.1%	2,5 M €	+3.3%	2,4 M €	-0.3%	2,4 M €
Total assets	5,2 M €	+3.8%	5 M €	+7.1%	4,7 M €	-21.6%	6 M €	+12.9%	5,3 M €	+39.9%	3,8 M €	+6.8%	3,5 M €	-13.2%	4,1 M €	-1.9%	4,2 M €	+0.6%	4,1 M €	-5.2%	4,4 M €	-9.6%	4,8 M €	+21.0%	4 M €	+3.7%	3,8 M €	+24.7%	3,1 M €	+14.1%	2,7 M €	-24.4%	3,6 M €	-4.5%	3,7 M €	-6.1%	4 M €
Cash	1,7 M €	+27.5%	1,3 M €	-6.5%	1,4 M €	+72.9%	810,6 k €	+113%	379,9 k €	-24.3%	502 k €	+311%	122,1 k €	-49.3%	240,7 k €	+88.7%	127,5 k €	-50.2%	256,2 k €	+82.5%	140,4 k €	-69.4%	458,7 k €	-56.9%	1,1 M €	+12.1%	950,4 k €	+40.0%	678,9 k €	-2.4%	695,6 k €	+77.3%	392,4 k €	+28.0%	306,5 k €	-51.9%	637 k €
Debts	2,7 M €	+17.8%	2,3 M €	-3.0%	2,4 M €	-41.8%	4 M €	+14.7%	3,5 M €	+61.5%	2,2 M €	+13.2%	1,9 M €	-20.5%	2,4 M €	-11.1%	2,7 M €	+4.8%	2,6 M €	-9.3%	2,9 M €	-4.0%	3 M €	+339%	681,4 k €	-22.0%	873,8 k €	+8.7%	804,2 k €	+13.7%	707,3 k €	-36.2%	1,1 M €	-18.2%	1,4 M €	-14.9%	1,6 M €
Other
Workforce	29,7 ETP	-0.3%	29,8 ETP	-4.5%	31,2 ETP	+1.3%	30,8 ETP	+5.5%	29,2 ETP	-6.4%	31,2 ETP	-13.6%	36,1 ETP	-3.7%	37,5 ETP	+21.8%	30,8 ETP	+5.5%	29,2 ETP	+4.3%	28,0 ETP	-7.0%	30,1 ETP	-9.6%	33,3 ETP	+14.8%	29,0 ETP	+26.6%	22,9 ETP	-23.4%	29,9 ETP	-19.0%	36,9 ETP	+12.8%	32,7 ETP	+13.9%	28,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 29 ended

Active mandates

KIRA-RAES

Managing director · since 09 mai 2022 · until 21 avril 2028 · 0848.603.807

Represented by Tom Raes

Active

Ter Veure

Managing director · since 09 mai 2022 · until 21 avril 2028 · 0867.782.883

Represented by Nicolas Leten

Active

Ended mandates

Gerrit Van Reeth

Chairman of the board of directors · since 09 mai 2022

Ended

KIRA-RAES

Managing director · since 09 mai 2022 · 0848.603.807

Represented by TOM RAES

Ended

KIRA-RAES

Managing director · since 09 mai 2022 · 0848.603.807

Represented by Tom Raes

Ended

Ter Veure

Managing director · since 09 mai 2022 · 0867.782.883

Represented by Nicolas Leten

Ended

At this address

Other companies at this address

Company	CBE no.
Formio● Active	1005.518.826
GETONIC● Active	0848.410.005

Annual accounts

Full financial information

	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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/05/2026	04/06/2025	18/06/2024	14/06/2023	14/06/2022	10/08/2021
General meeting	17/04/2026	18/04/2025	19/04/2024	21/04/2023	13/05/2022	04/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/04/2026	13/05/2026	Dutch	PDF
Abridged model	31/12/2024	18/04/2025	04/06/2025	Dutch	PDF
Abridged model	31/12/2023	19/04/2024	18/06/2024	Dutch	PDF
Abridged model	31/12/2022	21/04/2023	14/06/2023	Dutch	PDF
Abridged model	31/12/2021	13/05/2022	14/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	10/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/05/2020	02/06/2020	Dutch	PDF
Abridged model	31/12/2018	10/05/2019	05/07/2019	Dutch	PDF
Abridged model	31/12/2017	11/05/2018	23/05/2018	Dutch	PDF
Abridged model	31/12/2016	12/05/2017	15/05/2017	Dutch	PDF
Abridged model	31/12/2015	13/05/2016	17/05/2016	Dutch	PDF
Abridged model	31/12/2014	08/05/2015	08/05/2015	Dutch	PDF
Abridged model	31/12/2013	09/05/2014	12/05/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	13/06/2013	Dutch	PDF
Abridged model	31/12/2011	11/05/2012	21/05/2012	Dutch	PDF
Abridged model	31/12/2010	13/05/2011	13/05/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	18/05/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	11/05/2007	19/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 29 ended

Active mandates

KIRA-RAES

Managing director · since 09 mai 2022 · until 21 avril 2028 · 0848.603.807

Represented by Tom Raes

Active

Ter Veure

Managing director · since 09 mai 2022 · until 21 avril 2028 · 0867.782.883

Represented by Nicolas Leten

Active

Ended mandates

Gerrit Van Reeth

Chairman of the board of directors · since 09 mai 2022

Ended

KIRA-RAES

Managing director · since 09 mai 2022 · 0848.603.807

Represented by TOM RAES

Ended

KIRA-RAES

Managing director · since 09 mai 2022 · 0848.603.807

Represented by Tom Raes

Ended

Ter Veure

Managing director · since 09 mai 2022 · 0867.782.883

Represented by Nicolas Leten

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates17/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring04/12/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring04/10/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring30/05/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates23/10/2012
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

2025
Annual accounts 2025588,7 k €↑
2024
Annual accounts 2024484 k €↑
2023
Annual accounts 2023479,2 k €↓
2022
Annual accounts 2022738,9 k €↑
2021
Annual accounts 2021336 k €↑
2020
Annual accounts 2020130,4 k €↓
2019
Annual accounts 2019159,8 k €↓
2018
Annual accounts 2018236,2 k €↑
2016
Annual accounts 201648,4 k €↓
2015
Annual accounts 201562,8 k €↓
2014
Annual accounts 2014111,2 k €↑
2013
Annual accounts 2013102,3 k €↓
2012
Annual accounts 2012302,4 k €↓
2011
Annual accounts 2011693,1 k €↑
2010
Annual accounts 2010284,6 k €↑
2009
Annual accounts 2009-470,7 k €↓
2008
Annual accounts 200879,8 k €↓
2007
Annual accounts 2007293,9 k €↓
2006
Annual accounts 2006449,4 k €
29/11/1996
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ISOFORM

Overview

What does ISOFORM do?

Trend over 19 financial years

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