ACTIVE

ISOVAN

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Financial year 2025 · closed on 30/09/2025
Net result
243,8 k €
-28.3% YoY
Gross margin
1,3 M €
-5.5% YoY
Equity
352,5 k €
+1.1% YoY
Workforce
18,6 ETP
0.0% YoY

What does ISOVAN do?

ISOVAN is a Private company with limited liability incorporated in 2011. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Poperinge. It employs on average 18,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0841.530.230
Incorporation
05/12/2011
Legal form
Private company with limited liability
Registered office
Vlaanderenlaan 43
8970 Poperinge · FlandreSee on map
Contributed capital
10 217,07 €
Latest accounts
30/09/2025
Average workforce
18,6 ETP
Activities (NACE)
43230Electrical, plumbing and other construction installation activities· main43291Other construction installation43421Specialised construction activities43991Other specialised construction activities n.e.c.
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin1,3 M €1,4 M €1,4 M €1,2 M €805,7 k €669,9 k €739,3 k €594,2 k €653,8 k €649,5 k €561,3 k €323,2 k €258,3 k €
EBITDA410,4 k €548,4 k €538,9 k €480,1 k €324,8 k €282,5 k €294,2 k €167,9 k €206,3 k €293,4 k €270,1 k €163,6 k €161 k €
Operating result302,5 k €433,8 k €434,8 k €400,1 k €266,4 k €228,1 k €227,6 k €93,4 k €113 k €185 k €175,2 k €86,4 k €58,7 k €
Net result243,8 k €340,3 k €369,7 k €351,3 k €216,1 k €191 k €182 k €65,8 k €87,9 k €155,9 k €120,4 k €60,7 k €35,6 k €
Balance sheet
Equity352,5 k €348,7 k €308,5 k €378,8 k €267,5 k €419,4 k €348,4 k €286,4 k €265,6 k €247,7 k €241,8 k €121,4 k €60,6 k €
Total assets1,2 M €880,7 k €1,2 M €993,6 k €770 k €847,2 k €819,7 k €658,8 k €781,3 k €871,9 k €758,5 k €628,7 k €178,2 k €
Cash229,1 k €130,1 k €619,3 k €377,4 k €308 k €278,9 k €262,5 k €67,3 k €86 k €183,2 k €153 k €157,5 k €48,5 k €
Debts867,3 k €532 k €882,6 k €614,8 k €501,3 k €427,8 k €471,3 k €372,4 k €513,3 k €624,2 k €516,7 k €507,4 k €117,2 k €
Other
Workforce18,6 ETP18,6 ETP19,1 ETP16,8 ETP13,1 ETP12,2 ETP12,5 ETP12,2 ETP11,9 ETP9,4 ETP6,5 ETP3,8 ETP1,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 8 ended

Active mandates

ISOVAN

Director · 0841.530.230

Represented by Chris VANNESTE

Active

Ended mandates

CELLA

Manager · since 21 novembre 2015 · 0641.847.020

Represented by Chris VANNESTE

Ended
CHRIS VANNESTE

Manager · since 01 novembre 2011

Ended
CELLA

Manager · 0641.847.020

Represented by Chris Vanneste

Ended
CELLA

Manager · 0641.847.020

Represented by Chris VANNESTE

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/12/202514/12/202412/01/202413/12/202225/01/202211/01/2021
General meeting13/12/202507/12/202409/12/202310/12/202222/01/202209/01/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202513/12/202515/12/2025DutchPDF
Abridged model30/09/202407/12/202414/12/2024DutchPDF
Abridged model30/09/202309/12/202312/01/2024DutchPDF
Abridged model30/09/202210/12/202213/12/2022DutchPDF
Abridged model30/09/202122/01/202225/01/2022DutchPDF
Abridged model30/09/202009/01/202111/01/2021DutchPDF
Abridged model30/09/201904/01/202029/01/2020DutchPDF
Abridged model30/09/201805/01/201921/01/2019DutchPDF
Abridged model30/09/201727/01/201819/02/2018DutchPDF
Abridged model30/09/201607/01/201720/01/2017DutchPDF
Abridged model30/09/201512/12/201512/01/2016DutchPDF
Abridged model30/09/201428/03/201530/03/2015DutchPDF
Abridged model30/09/201322/03/201430/04/2014DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 8 ended

Active mandates

ISOVAN

Director · 0841.530.230

Represented by Chris VANNESTE

Active

Ended mandates

CELLA

Manager · since 21 novembre 2015 · 0641.847.020

Represented by Chris VANNESTE

Ended
CHRIS VANNESTE

Manager · since 01 novembre 2011

Ended
CELLA

Manager · 0641.847.020

Represented by Chris Vanneste

Ended
CELLA

Manager · 0641.847.020

Represented by Chris VANNESTE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring16/03/2021
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring14/12/2020
    WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates05/01/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/12/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025243,8 k €↓
  2. 2024
    Annual accounts 2024340,3 k €↓
  3. 2023
    Annual accounts 2023369,7 k €↑
  4. 2022
    Annual accounts 2022351,3 k €↑
  5. 2021
    Annual accounts 2021216,1 k €↑
  6. 2020
    Annual accounts 2020191 k €↑
  7. 2019
    Annual accounts 2019182 k €↑
  8. 2018
    Annual accounts 201865,8 k €↓
  9. 2017
    Annual accounts 201787,9 k €↓
  10. 2016
    Annual accounts 2016155,9 k €↑
  11. 2015
    Annual accounts 2015120,4 k €↑
  12. 2014
    Annual accounts 201460,7 k €↑
  13. 2013
    Annual accounts 201335,6 k €
  14. 05/12/2011
    IncorporationPrivate company with limited liability