EURO-ISOL: 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.
EURO-ISOL
Largest movements
- Tangible fixed assets +€73,165
up €73,165 (+22.2%), from €329,907 to €403,072
of which Land and buildings: +€73,717
- Receivables within one year +€70,511
up €70,511 (+213.1%), from €33,085 to €103,596
of which Trade receivables: +€70,420
- Stocks and contracts +€15,558
up €15,558 (+26.4%), from €58,938 to €74,496
- Debts after one year +€155,746
up €155,746 (+69.0%), from €225,676 to €381,422
- Trade debts +€65,698
up €65,698 (+250.2%), from €26,257 to €91,955
- Other debts -€47,345
down €47,345 (-64.4%), from €73,518 to €26,173
- Short-term financial debts -€28,353
no longer reported in 2025 (was €28,353)
- Reserves +€19,074
up €19,074 (+58.6%), from €32,553 to €51,627
- Gross operating margin +€32,467
up €32,467 (+111.0%), from €29,240 to €61,707
- Financial charges +€13,093
up €13,093 (+121.1%), from €10,810 to €23,903
- Taxes +€3,696
up €3,696 (+148.0%), from €2,497 to €6,193
- Depreciation +€3,303
up €3,303 (+40.0%), from €8,261 to €11,564
- Other operating charges -€712
down €712 (-43.9%), from €1,622 to €910
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €422,845 | €587,708 | +€164,863 | +39.0% |
| Formation expenses | 20 | €915 | €551 | -€364 | -39.7% |
| Fixed assets | 21/28 | €329,907 | €403,072 | +€73,165 | +22.2% |
| Tangible fixed assets | 22/27 | €329,907 | €403,072 | +€73,165 | +22.2% |
| Land and buildings | 22 | €328,324 | €402,041 | +€73,717 | +22.5% |
| Plant, machinery and equipment | 23 | €1,583 | €1,031 | -€552 | -34.9% |
| Current assets | 29/58 | €92,023 | €184,085 | +€92,062 | +100.0% |
| Stocks and contracts in progress | 3 | €58,938 | €74,496 | +€15,558 | +26.4% |
| Stocks | 30/36 | €58,938 | €74,496 | +€15,558 | +26.4% |
| Amounts receivable within one year | 40/41 | €33,085 | €103,596 | +€70,511 | +213.1% |
| Trade receivables | 40 | €33,047 | €103,467 | +€70,420 | +213.1% |
| Other amounts receivable | 41 | €38 | €130 | +€92 | +240.7% |
| Cash at bank and in hand | 54/58 | - | €5,174 | +€5,174 | |
| Deferred charges and accrued income | 490/1 | - | €819 | +€819 | |
| Total equity and liabilities | 10/49 | €422,845 | €587,708 | +€164,863 | +39.0% |
| Equity | 10/15 | €42,553 | €67,991 | +€25,438 | +59.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €32,553 | €51,627 | +€19,074 | +58.6% |
| Distributable reserves | 133 | €32,553 | €51,627 | +€19,074 | +58.6% |
| Investment grants | 15 | - | €6,364 | +€6,364 | |
| Provisions and deferred taxes | 16 | - | €2,121 | +€2,121 | |
| Deferred taxes | 168 | - | €2,121 | +€2,121 | |
| Amounts payable | 17/49 | €380,292 | €517,596 | +€137,304 | +36.1% |
| Amounts payable after more than one year | 17 | €225,676 | €381,422 | +€155,746 | +69.0% |
| Financial debts | 170/4 | €225,676 | €381,422 | +€155,746 | +69.0% |
| Amounts payable within one year | 42/48 | €154,617 | €136,174 | -€18,442 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €10,941 | €8,545 | -€2,396 | -21.9% |
| Financial debts | 43 | €28,353 | - | -€28,353 | |
| Credit institutions | 430/8 | €28,353 | - | -€28,353 | |
| Trade debts | 44 | €26,257 | €91,955 | +€65,698 | +250.2% |
| Suppliers | 440/4 | €26,257 | €91,955 | +€65,698 | +250.2% |
| Taxes, remuneration and social security | 45 | €15,547 | €9,501 | -€6,046 | -38.9% |
| Taxes | 450/3 | €15,547 | €9,501 | -€6,046 | -38.9% |
| Other amounts payable | 47/48 | €73,518 | €26,173 | -€47,345 | -64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,261 | €11,564 | +€3,303 | +40.0% |
| Other operating charges | 640/8 | €1,622 | €910 | -€712 | -43.9% |
| Non-recurring operating charges | 66A | - | €671 | +€671 | |
| Gross operating margin | 9900 | €29,240 | €61,707 | +€32,467 | +111.0% |
| Operating profit (loss) | 9901 | €19,357 | €48,562 | +€29,205 | +150.9% |
| Financial income | 75/76B | - | €607 | +€607 | |
| Recurring financial income | 75 | - | €607 | +€607 | |
| Financial charges | 65/66B | €10,810 | €23,903 | +€13,093 | +121.1% |
| Recurring financial charges | 65 | €10,810 | €23,903 | +€13,093 | +121.1% |
| Profit (loss) for the period before taxes | 9903 | €8,547 | €25,266 | +€16,719 | +195.6% |
| Income taxes | 67/77 | €2,497 | €6,193 | +€3,696 | +148.0% |
| Profit (loss) for the period | 9904 | €6,050 | €19,074 | +€13,023 | +215.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,050 | €19,074 | +€13,023 | +215.2% |
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 11 October 2026 via checked.be.