ACTIVE

ISOLTEAM

Financial year 2025 · closed on 31/12/2025
Net result
789,6 k €
-21.2% YoY
Revenue
14,6 M €
+0.6% YoY
Equity
4,8 M €
+19.9% YoY
Workforce
33,7 ETP
-0.9% YoY

What does ISOLTEAM do?

ISOLTEAM is a Public limited company incorporated in 2011. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Kortemark. It employs on average 33,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0840.835.293
Incorporation
07/11/2011
Legal form
Public limited company
Registered office
Makeveldstraat 5A
8610 Kortemark · FlandreSee on map
Contributed capital
998 750,00 €
Latest accounts
31/12/2025
Average workforce
33,7 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162014
Income statement
Revenue14,6 M €14,5 M €16,3 M €13,9 M €11,7 M €12,2 M €12,8 M €12,9 M €13,7 M €13,4 M €8,1 M €
EBITDA986,6 k €1,6 M €1,6 M €858,5 k €492,6 k €695,5 k €894,6 k €230,6 k €737,7 k €758 k €807,9 k €
Operating result755,7 k €1,4 M €1,4 M €656,4 k €227 k €436,1 k €555,5 k €-171,9 k €426,9 k €306,2 k €401,7 k €
Net result789,6 k €1 M €964,9 k €435,5 k €118,4 k €264,7 k €338,1 k €-274,8 k €201,5 k €19,8 k €250,3 k €
Balance sheet
Equity4,8 M €4 M €3 M €2 M €1,6 M €1,4 M €1,7 M €1,3 M €1,6 M €1,4 M €1,3 M €
Total assets6,2 M €5 M €4,3 M €3,3 M €2,5 M €3,5 M €3,2 M €4,1 M €3,6 M €3,8 M €2,8 M €
Cash75,9 k €10,9 k €75,4 k €84,5 k €21,6 k €43,3 k €62,6 k €107,6 k €106,9 k €252,4 k €363 k €
Debts1,5 M €1 M €1,4 M €1,3 M €895,4 k €2 M €1,5 M €2,7 M €2 M €2,3 M €1,4 M €
Other
Workforce33,7 ETP34,0 ETP38,0 ETP40,0 ETP47,5 ETP54,4 ETP63,6 ETP65,6 ETP70,5 ETP61,0 ETP43,0 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 · 3 active · 20 ended

Active mandates

Hendrik SNAUWAERT

Director · since 09 juin 2023 · until 07 juin 2029

Active
MERVIN

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

Represented by Daniël Van den Branden

Active
BTX CONSULT BV

Managing director · since 10 juin 2022 · until 08 juin 2028

Active

Ended mandates

MERVIN

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

Represented by Daniël Van den Branden

Ended
ISOBUILD KORTEMARK

Managing director · since 24 janvier 2019 · until 11 juin 2024 · 0413.000.165

Represented by Remco Boerefijn BTX CONSULT BV op haar beurt vertegenw. dr.

Ended
ISOBUILD KORTEMARK

Managing director · since 24 janvier 2019 · until 14 juin 2024 · 0413.000.165

Ended
Hendrik SNAUWAERT

Director · since 19 décembre 2017 · until 08 juin 2023

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/06/202617/06/202520/06/202422/06/202305/07/202209/07/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/06/202630/06/2026DutchPDF
Abridged model31/12/202413/06/202517/06/2025DutchPDF
Abridged model31/12/202314/06/202420/06/2024DutchPDF
Abridged model31/12/202209/06/202322/06/2023DutchPDF
Abridged model31/12/202110/06/202205/07/2022DutchPDF
Abridged model31/12/202011/06/202109/07/2021DutchPDF
Abridged model31/12/201912/06/202009/07/2020DutchPDF
Full model31/12/201814/06/201905/07/2019DutchPDF
Full model31/12/201708/06/201819/06/2018DutchPDF
Full model31/12/201630/06/201714/07/2017DutchPDF
Full model31/12/201515/07/201618/08/2016DutchPDF
Full model31/12/201412/06/201502/07/2015DutchPDF
Full model31/12/201313/06/201414/07/2014DutchPDF
Full model31/12/201214/06/201315/07/2013DutchPDF
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 · 3 active · 20 ended

Active mandates

Hendrik SNAUWAERT

Director · since 09 juin 2023 · until 07 juin 2029

Active
MERVIN

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

Represented by Daniël Van den Branden

Active
BTX CONSULT BV

Managing director · since 10 juin 2022 · until 08 juin 2028

Active

Ended mandates

MERVIN

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

Represented by Daniël Van den Branden

Ended
ISOBUILD KORTEMARK

Managing director · since 24 janvier 2019 · until 11 juin 2024 · 0413.000.165

Represented by Remco Boerefijn BTX CONSULT BV op haar beurt vertegenw. dr.

Ended
ISOBUILD KORTEMARK

Managing director · since 24 janvier 2019 · until 14 juin 2024 · 0413.000.165

Ended
Hendrik SNAUWAERT

Director · since 19 décembre 2017 · until 08 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates02/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/09/2018
    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. 2025
    Annual accounts 2025789,6 k €
  2. 2024
    Annual accounts 20241 M €
  3. 2023
    Annual accounts 2023964,9 k €
  4. 2022
    Annual accounts 2022435,5 k €
  5. 2021
    Annual accounts 2021118,4 k €
  6. 2020
    Annual accounts 2020264,7 k €
  7. 2019
    Annual accounts 2019338,1 k €
  8. 2018
    Annual accounts 2018-274,8 k €
  9. 2017
    Annual accounts 2017201,5 k €
  10. 2016
    Annual accounts 201619,8 k €
  11. 2014
    Annual accounts 2014250,3 k €
  12. 07/11/2011
    IncorporationPublic limited company