ISIPLAST: what changed
Two fiscal 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.
ISIPLAST
Largest movements
- Cash +€220,946
up €220,946 (+534.7%), from €41,322 to €262,267
mainly Depreciation (+€295,989) and Debts after one year (+€173,546)
- Tangible fixed assets -€203,063
down €203,063 (-6.4%), from €3.2m to €3.0m
of which Land and buildings: -€254,774
- Stocks and contracts +€109,389
up €109,389 (+51.5%), from €212,403 to €321,792
- Receivables within one year -€51,033
down €51,033 (-17.8%), from €286,187 to €235,154
of which Trade receivables: -€62,559
- Short-term financial debts -€239,203
down €239,203 (-65.4%), from €365,825 to €126,622
- Debts after one year +€173,546
up €173,546 (+8.6%), from €2.0m to €2.2m
- Reserves +€160,529
up €160,529 (+62.2%), from €258,226 to €418,755
of which Tax-exempt reserves: +€393,805
- Provisions +€131,268
new in 2025: €131,268
- Trade debts -€95,241
down €95,241 (-22.9%), from €415,820 to €320,579
- Gross operating margin +€599,565
up €599,565 (+120.2%), from €498,735 to €1.1m
- Staff costs +€40,221
up €40,221 (+11.2%), from €357,612 to €397,833
- Financial charges +€30,677
up €30,677 (+29.1%), from €105,349 to €136,026
- Depreciation +€30,089
up €30,089 (+11.3%), from €265,900 to €295,989
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 | €3,708,133 | €3,786,860 | +€78,727 | +2.1% |
| Fixed assets | 21/28 | €3,168,221 | €2,965,157 | -€203,063 | -6.4% |
| Tangible fixed assets | 22/27 | €3,167,941 | €2,964,878 | -€203,063 | -6.4% |
| Land and buildings | 22 | €2,290,315 | €2,035,541 | -€254,774 | -11.1% |
| Plant, machinery and equipment | 23 | €810,321 | €891,433 | +€81,112 | +10.0% |
| Furniture and vehicles | 24 | €11,127 | €6,026 | -€5,100 | -45.8% |
| Leasing and similar rights | 25 | €56,178 | €31,877 | -€24,301 | -43.3% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €539,912 | €821,703 | +€281,790 | +52.2% |
| Stocks and contracts in progress | 3 | €212,403 | €321,792 | +€109,389 | +51.5% |
| Stocks | 30/36 | €212,403 | €321,792 | +€109,389 | +51.5% |
| Amounts receivable within one year | 40/41 | €286,187 | €235,154 | -€51,033 | -17.8% |
| Trade receivables | 40 | €277,547 | €214,988 | -€62,559 | -22.5% |
| Other amounts receivable | 41 | €8,640 | €20,166 | +€11,527 | +133.4% |
| Cash at bank and in hand | 54/58 | €41,322 | €262,267 | +€220,946 | +534.7% |
| Deferred charges and accrued income | 490/1 | - | €2,489 | +€2,489 | |
| Total equity and liabilities | 10/49 | €3,708,133 | €3,786,860 | +€78,727 | +2.1% |
| Equity | 10/15 | €276,826 | €394,328 | +€117,503 | +42.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €258,226 | €418,755 | +€160,529 | +62.2% |
| Tax-exempt reserves | 132 | €24,950 | €418,755 | +€393,805 | +1578.4% |
| Distributable reserves | 133 | €233,276 | €0 | -€233,276 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€43,027 | -€43,027 | |
| Provisions and deferred taxes | 16 | - | €131,268 | +€131,268 | |
| Deferred taxes | 168 | - | €131,268 | +€131,268 | |
| Amounts payable | 17/49 | €3,431,307 | €3,261,264 | -€170,044 | -5.0% |
| Amounts payable after more than one year | 17 | €2,028,483 | €2,202,029 | +€173,546 | +8.6% |
| Financial debts | 170/4 | €2,028,483 | €2,202,029 | +€173,546 | +8.6% |
| Amounts payable within one year | 42/48 | €1,390,786 | €1,047,196 | -€343,590 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €184,818 | €192,360 | +€7,542 | +4.1% |
| Financial debts | 43 | €365,825 | €126,622 | -€239,203 | -65.4% |
| Credit institutions | 430/8 | €365,825 | €126,622 | -€239,203 | -65.4% |
| Trade debts | 44 | €415,820 | €320,579 | -€95,241 | -22.9% |
| Suppliers | 440/4 | €415,820 | €320,579 | -€95,241 | -22.9% |
| Taxes, remuneration and social security | 45 | €71,749 | €55,061 | -€16,688 | -23.3% |
| Taxes | 450/3 | €18,710 | €96 | -€18,613 | -99.5% |
| Remuneration and social security | 454/9 | €53,040 | €54,965 | +€1,926 | +3.6% |
| Other amounts payable | 47/48 | €352,575 | €352,575 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €12,039 | €12,039 | = | 0.0% |
| Non-recurring operating income | 76A | - | €525,073 | +€525,073 | |
| Remuneration, social security and pensions | 62 | €357,612 | €397,833 | +€40,221 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265,900 | €295,989 | +€30,089 | +11.3% |
| Other operating charges | 640/8 | €28,978 | €25,711 | -€3,268 | -11.3% |
| Gross operating margin | 9900 | €498,735 | €1,098,299 | +€599,565 | +120.2% |
| Operating profit (loss) | 9901 | -€153,755 | €378,767 | +€532,523 | |
| Financial income | 75/76B | €8,079 | €6,030 | -€2,049 | -25.4% |
| Recurring financial income | 75 | €8,079 | €6,030 | -€2,049 | -25.4% |
| Financial charges | 65/66B | €105,349 | €136,026 | +€30,677 | +29.1% |
| Recurring financial charges | 65 | €105,349 | €136,026 | +€30,677 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | -€251,026 | €248,771 | +€499,796 | |
| Transfer to deferred taxes | 680 | - | €131,268 | +€131,268 | |
| Profit (loss) for the period | 9904 | -€251,026 | €117,503 | +€368,528 | |
| Transfer to tax-exempt reserves | 689 | - | €393,805 | +€393,805 | |
| Profit (loss) for the period to be appropriated | 9905 | -€251,026 | -€276,302 | -€25,277 | -10.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.