ISMO-MEUBLES: 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.
ISMO-MEUBLES
Largest movements
- Receivables within one year +€69,390
up €69,390 (+17.3%), from €401,122 to €470,512
of which Other amounts receivable: +€36,899
- Stocks and contracts -€49,733
down €49,733 (-2.5%), from €2.0m to €1.9m
- Tangible fixed assets -€32,646
down €32,646 (-13.4%), from €244,163 to €211,517
of which Other tangible fixed assets: -€29,497
- Tax, wage and social debts +€586,668
up €586,668 (+60.4%), from €971,956 to €1.6m
of which Taxes: +€581,920
- Advances received -€445,269
down €445,269 (-97.6%), from €455,999 to €10,730
- Trade debts -€163,417
down €163,417 (-18.0%), from €910,049 to €746,632
- Profit (loss) carried forward +€71,796
up €71,796 (+58.8%), from -€122,074 to -€50,277
- Other debts -€29,184
down €29,184 (-12.3%), from €238,067 to €208,883
- Other operating charges -€58,421
down €58,421 (-37.9%), from €154,236 to €95,815
- Financial charges -€34,429
down €34,429 (-36.0%), from €95,588 to €61,159
- Staff costs +€28,556
up €28,556 (+16.2%), from €175,958 to €204,514
- Taxes +€23,344
up €23,344 (+484%), from €4,828 to €28,172
- Gross operating margin +€13,975
up €13,975 (+2.8%), from €496,307 to €510,282
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 | €2,746,554 | €2,762,796 | +€16,242 | +0.6% |
| Fixed assets | 21/28 | €331,857 | €291,651 | -€40,206 | -12.1% |
| Intangible fixed assets | 21 | €50,584 | €39,924 | -€10,660 | -21.1% |
| Tangible fixed assets | 22/27 | €244,163 | €211,517 | -€32,646 | -13.4% |
| Plant, machinery and equipment | 23 | €3,381 | €3,143 | -€238 | -7.0% |
| Furniture and vehicles | 24 | €9,162 | €6,251 | -€2,912 | -31.8% |
| Other tangible fixed assets | 26 | €231,620 | €202,123 | -€29,497 | -12.7% |
| Financial fixed assets | 28 | €37,110 | €40,210 | +€3,100 | +8.4% |
| Current assets | 29/58 | €2,414,697 | €2,471,145 | +€56,448 | +2.3% |
| Stocks and contracts in progress | 3 | €1,951,973 | €1,902,240 | -€49,733 | -2.5% |
| Stocks | 30/36 | €1,951,973 | €1,902,240 | -€49,733 | -2.5% |
| Amounts receivable within one year | 40/41 | €401,122 | €470,512 | +€69,390 | +17.3% |
| Trade receivables | 40 | €401,122 | €433,613 | +€32,491 | +8.1% |
| Other amounts receivable | 41 | - | €36,899 | +€36,899 | |
| Cash at bank and in hand | 54/58 | €38,212 | €55,559 | +€17,347 | +45.4% |
| Deferred charges and accrued income | 490/1 | €23,390 | €42,834 | +€19,445 | +83.1% |
| Total equity and liabilities | 10/49 | €2,746,554 | €2,762,796 | +€16,242 | +0.6% |
| Equity | 10/15 | €140,260 | €212,057 | +€71,796 | +51.2% |
| Contributions | 10/11 | €252,000 | €252,000 | = | 0.0% |
| Capital | 10 | €252,000 | €252,000 | = | 0.0% |
| Issued capital | 100 | €252,000 | €252,000 | = | 0.0% |
| Reserves | 13 | €10,334 | €10,334 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,334 | €10,334 | = | 0.0% |
| Legal reserve | 130 | €10,334 | €10,334 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,074 | -€50,277 | +€71,796 | +58.8% |
| Amounts payable | 17/49 | €2,606,294 | €2,550,739 | -€55,554 | -2.1% |
| Amounts payable within one year | 42/48 | €2,576,072 | €2,524,869 | -€51,203 | -2.0% |
| Trade debts | 44 | €910,049 | €746,632 | -€163,417 | -18.0% |
| Suppliers | 440/4 | €910,049 | €746,632 | -€163,417 | -18.0% |
| Advances received on contracts in progress | 46 | €455,999 | €10,730 | -€445,269 | -97.6% |
| Taxes, remuneration and social security | 45 | €971,956 | €1,558,624 | +€586,668 | +60.4% |
| Taxes | 450/3 | €946,399 | €1,528,318 | +€581,920 | +61.5% |
| Remuneration and social security | 454/9 | €25,558 | €30,306 | +€4,748 | +18.6% |
| Other amounts payable | 47/48 | €238,067 | €208,883 | -€29,184 | -12.3% |
| Accrued charges and deferred income | 492/3 | €30,222 | €25,870 | -€4,352 | -14.4% |
| Remuneration, social security and pensions | 62 | €175,958 | €204,514 | +€28,556 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,434 | €51,247 | +€13,812 | +36.9% |
| Other operating charges | 640/8 | €154,236 | €95,815 | -€58,421 | -37.9% |
| Gross operating margin | 9900 | €496,307 | €510,282 | +€13,975 | +2.8% |
| Operating profit (loss) | 9901 | €128,679 | €158,706 | +€30,027 | +23.3% |
| Financial income | 75/76B | €4,262 | €2,420 | -€1,842 | -43.2% |
| Recurring financial income | 75 | €4,262 | €2,420 | -€1,842 | -43.2% |
| Financial charges | 65/66B | €95,588 | €61,159 | -€34,429 | -36.0% |
| Recurring financial charges | 65 | €95,588 | €61,159 | -€34,429 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €37,353 | €99,968 | +€62,615 | +168% |
| Income taxes | 67/77 | €4,828 | €28,172 | +€23,344 | +484% |
| Profit (loss) for the period | 9904 | €32,526 | €71,796 | +€39,271 | +121% |
| Profit (loss) for the period to be appropriated | 9905 | €32,526 | €71,796 | +€39,271 | +121% |
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 27 October 2026 via checked.be.