D&D Isoltechnics: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
D&D Isoltechnics
NACE 43.230, Insulation installation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€284,311
2024 · -€122,152-€162,159
Equity
€607,597
2024 · €891,907-€284,311
Cash
€175,290
2024 · €445,376-€270,087
Balance sheet total
€1.8m
2024 · €1.9m-€94,556
Largest movements
Assets
- Receivables within one year +€387,615
up €387,615 (+41.5%), from €933,151 to €1.3m
of which Trade receivables: +€303,900
- Cash -€270,087
down €270,087 (-60.6%), from €445,376 to €175,290
mainly Receivables within one year (-€387,615) and Net result for the year (-€284,311)
- Tangible fixed assets -€102,729
down €102,729 (-39.6%), from €259,460 to €156,732
- Deferred charges and accrued income -€83,767
down €83,767 (-89.1%), from €94,017 to €10,250
Equity and liabilities
- Profit (loss) carried forward -€284,311
down €284,311 (-38.5%), from €738,973 to €454,662
- Tax, wage and social debts +€98,698
up €98,698 (+158%), from €62,603 to €161,302
of which Remuneration and social security: +€96,575
- Short-term financial debts +€83,849
up €83,849 (+18.0%), from €466,578 to €550,427
- Trade debts +€83,347
up €83,347 (+24.4%), from €341,633 to €424,980
- Current portion of long-term debt -€49,814
down €49,814 (-65.1%), from €76,534 to €26,721
Income statement
- Staff costs +€117,209
up €117,209 (+4.6%), from €2.6m to €2.7m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
-€122,152
Gross operating margin
-€15,625
Staff costs
-€117,209
Depreciation
-€7,419
Other operating charges
-€1,668
Financial income
-€23,071
Financial charges
+€2,064
Taxes
+€769
Result 2025
-€284,311
raises the resultlowers the result
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€265,375
Investment
-€12,027
Financing
+€7,314
Cash 2024
€445,376
From operations (derived)
-€265,375
Net result for the year
-€284,311
Depreciation
+€133,147
Stocks and contracts
+€7,197
Receivables within one year
-€387,615
Deferred charges and accrued income
+€83,767
Trade debts
+€83,347
Tax, wage and social debts
+€98,698
Smaller working-capital items
+€395
Investment (derived)
-€12,027
Investment in fixed assets (net)
-€12,027
Financing
+€7,314
Debts after one year
-€26,721
Current portion of long-term debt
-€49,814
Short-term financial debts
+€83,849
Cash 2025
€175,290
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,908,806 | €1,814,250 | -€94,556 | -5.0% |
| Fixed assets | 21/28 | €313,549 | €192,428 | -€121,121 | -38.6% |
| Intangible fixed assets | 21 | €53,842 | €35,450 | -€18,392 | -34.2% |
| Tangible fixed assets | 22/27 | €259,460 | €156,732 | -€102,729 | -39.6% |
| Land and buildings | 22 | €36,516 | €0 | -€36,516 | -100% |
| Plant, machinery and equipment | 23 | €82,436 | €51,453 | -€30,983 | -37.6% |
| Furniture and vehicles | 24 | €140,508 | €105,278 | -€35,230 | -25.1% |
| Financial fixed assets | 28 | €246 | €246 | = | 0.0% |
| Current assets | 29/58 | €1,595,257 | €1,621,822 | +€26,564 | +1.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €122,713 | €115,516 | -€7,197 | -5.9% |
| Stocks | 30/36 | €122,713 | €115,516 | -€7,197 | -5.9% |
| Amounts receivable within one year | 40/41 | €933,151 | €1,320,766 | +€387,615 | +41.5% |
| Trade receivables | 40 | €875,749 | €1,179,650 | +€303,900 | +34.7% |
| Other amounts receivable | 41 | €57,401 | €141,116 | +€83,715 | +146% |
| Cash at bank and in hand | 54/58 | €445,376 | €175,290 | -€270,087 | -60.6% |
| Deferred charges and accrued income | 490/1 | €94,017 | €10,250 | -€83,767 | -89.1% |
| Total equity and liabilities | 10/49 | €1,908,806 | €1,814,250 | -€94,556 | -5.0% |
| Equity | 10/15 | €891,907 | €607,597 | -€284,311 | -31.9% |
| Contributions | 10/11 | €125,100 | €125,100 | = | 0.0% |
| Capital | 10 | €125,100 | €125,100 | = | 0.0% |
| Issued capital | 100 | €125,100 | €125,100 | = | 0.0% |
| Reserves | 13 | €27,835 | €27,835 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,510 | €12,510 | = | 0.0% |
| Legal reserve | 130 | €12,510 | €12,510 | = | 0.0% |
| Distributable reserves | 133 | €15,325 | €15,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | €738,973 | €454,662 | -€284,311 | -38.5% |
| Amounts payable | 17/49 | €1,016,899 | €1,206,653 | +€189,755 | +18.7% |
| Amounts payable after more than one year | 17 | €49,555 | €22,834 | -€26,721 | -53.9% |
| Financial debts | 170/4 | €49,555 | €22,834 | -€26,721 | -53.9% |
| Amounts payable within one year | 42/48 | €957,311 | €1,173,337 | +€216,025 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €76,534 | €26,721 | -€49,814 | -65.1% |
| Financial debts | 43 | €466,578 | €550,427 | +€83,849 | +18.0% |
| Credit institutions | 430/8 | €466,578 | €550,427 | +€83,849 | +18.0% |
| Trade debts | 44 | €341,633 | €424,980 | +€83,347 | +24.4% |
| Suppliers | 440/4 | €341,633 | €424,980 | +€83,347 | +24.4% |
| Taxes, remuneration and social security | 45 | €62,603 | €161,302 | +€98,698 | +158% |
| Taxes | 450/3 | €7,130 | €9,253 | +€2,123 | +29.8% |
| Remuneration and social security | 454/9 | €55,473 | €152,048 | +€96,575 | +174% |
| Other amounts payable | 47/48 | €9,962 | €9,907 | -€55 | -0.6% |
| Accrued charges and deferred income | 492/3 | €10,033 | €10,482 | +€450 | +4.5% |
| Remuneration, social security and pensions | 62 | €2,562,650 | €2,679,859 | +€117,209 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,729 | €133,147 | +€7,419 | +5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €18,066 | €19,734 | +€1,668 | +9.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,582,554 | €2,566,928 | -€15,625 | -0.6% |
| Operating profit (loss) | 9901 | -€123,891 | -€265,812 | -€141,921 | -115% |
| Financial income | 75/76B | €27,709 | €4,638 | -€23,071 | -83.3% |
| Recurring financial income | 75 | €27,709 | €4,638 | -€23,071 | -83.3% |
| Financial charges | 65/66B | €24,501 | €22,437 | -€2,064 | -8.4% |
| Recurring financial charges | 65 | €24,501 | €22,437 | -€2,064 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€120,683 | -€283,611 | -€162,928 | -135% |
| Income taxes | 67/77 | €1,469 | €700 | -€769 | -52.4% |
| Profit (loss) for the period | 9904 | -€122,152 | -€284,311 | -€162,159 | -133% |
| Profit (loss) for the period to be appropriated | 9905 | -€122,152 | -€284,311 | -€162,159 | -133% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.