Isidoor: 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.
Isidoor
Largest movements
- Receivables within one year +€534,331
up €534,331 (+66.0%), from €809,521 to €1.3m
of which Trade receivables: +€534,331
- Cash +€422,395
up €422,395 (+62.6%), from €674,236 to €1.1m
mainly Net result for the year (+€787,731) and Depreciation (+€246,333)
- Tangible fixed assets -€246,333
down €246,333 (-11.3%), from €2.2m to €1.9m
of which Plant, machinery and equipment: -€205,352
- Current investments +€145,971
up €145,971 (+6.8%), from €2.1m to €2.3m
- Deferred charges and accrued income -€125,289
down €125,289 (-99.2%), from €126,245 to €956
- Reserves +€787,731
up €787,731 (+14.7%), from €5.4m to €6.1m
of which Distributable reserves: +€787,731
- Debts after one year -€71,426
down €71,426 (-100%), from €71,426 to €0
- Taxes -€79,398
down €79,398 (-23.2%), from €342,047 to €262,649
- Gross operating margin -€23,804
down €23,804 (-1.9%), from €1.3m to €1.3m
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,310,905 | €7,036,493 | +€725,589 | +11.5% |
| Fixed assets | 21/28 | €2,553,111 | €2,301,291 | -€251,820 | -9.9% |
| Intangible fixed assets | 21 | €371,287 | €365,800 | -€5,487 | -1.5% |
| Tangible fixed assets | 22/27 | €2,181,824 | €1,935,491 | -€246,333 | -11.3% |
| Land and buildings | 22 | €1,575,702 | €1,534,721 | -€40,981 | -2.6% |
| Plant, machinery and equipment | 23 | €606,122 | €400,770 | -€205,352 | -33.9% |
| Current assets | 29/58 | €3,757,793 | €4,735,202 | +€977,409 | +26.0% |
| Amounts receivable within one year | 40/41 | €809,521 | €1,343,852 | +€534,331 | +66.0% |
| Trade receivables | 40 | €809,521 | €1,343,852 | +€534,331 | +66.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €2,147,792 | €2,293,763 | +€145,971 | +6.8% |
| Cash at bank and in hand | 54/58 | €674,236 | €1,096,632 | +€422,395 | +62.6% |
| Deferred charges and accrued income | 490/1 | €126,245 | €956 | -€125,289 | -99.2% |
| Total equity and liabilities | 10/49 | €6,310,905 | €7,036,493 | +€725,589 | +11.5% |
| Equity | 10/15 | €5,482,433 | €6,270,164 | +€787,731 | +14.4% |
| Contributions | 10/11 | €129,000 | €129,000 | = | 0.0% |
| Reserves | 13 | €5,353,433 | €6,141,164 | +€787,731 | +14.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Financial assistance | 1313 | €0 | - | = | |
| Distributable reserves | 133 | €5,353,433 | €6,141,164 | +€787,731 | +14.7% |
| Amounts payable | 17/49 | €828,472 | €766,329 | -€62,142 | -7.5% |
| Amounts payable after more than one year | 17 | €71,426 | €0 | -€71,426 | -100% |
| Financial debts | 170/4 | €71,426 | €0 | -€71,426 | -100% |
| Amounts payable within one year | 42/48 | €753,378 | €764,943 | +€11,565 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €71,429 | €71,426 | -€3 | 0.0% |
| Trade debts | 44 | €580,346 | €555,844 | -€24,502 | -4.2% |
| Suppliers | 440/4 | €580,346 | €555,844 | -€24,502 | -4.2% |
| Taxes, remuneration and social security | 45 | €101,603 | €137,673 | +€36,071 | +35.5% |
| Taxes | 450/3 | €101,603 | €137,673 | +€36,071 | +35.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €3,668 | €1,386 | -€2,282 | -62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248,311 | €246,333 | -€1,978 | -0.8% |
| Other operating charges | 640/8 | €5,385 | €5,608 | +€223 | +4.1% |
| Gross operating margin | 9900 | €1,283,746 | €1,259,942 | -€23,804 | -1.9% |
| Operating profit (loss) | 9901 | €1,030,050 | €1,008,001 | -€22,050 | -2.1% |
| Financial income | 75/76B | €67,247 | €72,653 | +€5,406 | +8.0% |
| Recurring financial income | 75 | €67,247 | €72,653 | +€5,406 | +8.0% |
| Financial charges | 65/66B | €23,646 | €30,274 | +€6,628 | +28.0% |
| Recurring financial charges | 65 | €23,646 | €30,274 | +€6,628 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €1,073,652 | €1,050,380 | -€23,272 | -2.2% |
| Income taxes | 67/77 | €342,047 | €262,649 | -€79,398 | -23.2% |
| Profit (loss) for the period | 9904 | €731,605 | €787,731 | +€56,126 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €731,605 | €787,731 | +€56,126 | +7.7% |
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 21 October 2026 via checked.be.