ISO BLUE PACIFIC: 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.
ISO BLUE PACIFIC
Largest movements
- Tangible fixed assets +€55,698
up €55,698 (+644%), from €8,647 to €64,344
of which Plant, machinery and equipment: +€55,158
- Receivables within one year +€12,495
up €12,495 (+20.6%), from €60,771 to €73,265
of which Other amounts receivable: +€34,745
- Stocks and contracts +€10,264
new in 2025: €10,264
- Cash -€3,170
down €3,170 (-12.1%), from €26,247 to €23,076
mainly Investment in fixed assets (net) (-€73,989) and Other debts (-€20,182)
- Debts after one year +€43,300
new in 2025: €43,300
- Trade debts +€30,145
up €30,145 (+249%), from €12,118 to €42,264
- Profit (loss) carried forward +€25,459
up €25,459 (+133%), from €19,107 to €44,566
- Other debts -€20,182
down €20,182 (-50.5%), from €40,000 to €19,819
- Tax, wage and social debts -€15,232
down €15,232 (-98.3%), from €15,496 to €265
of which Remuneration and social security: -€10,495
- Gross operating margin +€23,966
up €23,966 (+16.3%), from €146,860 to €170,826
- Depreciation +€16,137
up €16,137 (+749%), from €2,155 to €18,292
- Staff costs +€8,909
up €8,909 (+10.4%), from €85,467 to €94,376
- Financial charges +€2,112
up €2,112 (+127%), from €1,664 to €3,776
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 | €96,740 | €171,338 | +€74,598 | +77.1% |
| Fixed assets | 21/28 | €8,647 | €64,344 | +€55,698 | +644% |
| Tangible fixed assets | 22/27 | €8,647 | €64,344 | +€55,698 | +644% |
| Plant, machinery and equipment | 23 | €5,722 | €60,880 | +€55,158 | +964% |
| Furniture and vehicles | 24 | €2,925 | €3,464 | +€539 | +18.4% |
| Current assets | 29/58 | €88,093 | €106,994 | +€18,901 | +21.5% |
| Stocks and contracts in progress | 3 | - | €10,264 | +€10,264 | |
| Stocks | 30/36 | - | €10,264 | +€10,264 | |
| Amounts receivable within one year | 40/41 | €60,771 | €73,265 | +€12,495 | +20.6% |
| Trade receivables | 40 | €24,404 | €2,153 | -€22,251 | -91.2% |
| Other amounts receivable | 41 | €36,367 | €71,112 | +€34,745 | +95.5% |
| Cash at bank and in hand | 54/58 | €26,247 | €23,076 | -€3,170 | -12.1% |
| Deferred charges and accrued income | 490/1 | €1,076 | €389 | -€687 | -63.9% |
| Total equity and liabilities | 10/49 | €96,740 | €171,338 | +€74,598 | +77.1% |
| Equity | 10/15 | €29,107 | €54,566 | +€25,459 | +87.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,107 | €44,566 | +€25,459 | +133% |
| Amounts payable | 17/49 | €67,633 | €116,772 | +€49,139 | +72.7% |
| Amounts payable after more than one year | 17 | - | €43,300 | +€43,300 | |
| Financial debts | 170/4 | - | €43,300 | +€43,300 | |
| Amounts payable within one year | 42/48 | €67,615 | €73,472 | +€5,857 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | - | €11,125 | +€11,125 | |
| Trade debts | 44 | €12,118 | €42,264 | +€30,145 | +249% |
| Suppliers | 440/4 | €12,118 | €42,264 | +€30,145 | +249% |
| Taxes, remuneration and social security | 45 | €15,496 | €265 | -€15,232 | -98.3% |
| Taxes | 450/3 | €4,737 | - | -€4,737 | |
| Remuneration and social security | 454/9 | €10,759 | €265 | -€10,495 | -97.5% |
| Other amounts payable | 47/48 | €40,000 | €19,819 | -€20,182 | -50.5% |
| Accrued charges and deferred income | 492/3 | €18 | - | -€18 | |
| Remuneration, social security and pensions | 62 | €85,467 | €94,376 | +€8,909 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,155 | €18,292 | +€16,137 | +749% |
| Other operating charges | 640/8 | €18 | €343 | +€325 | +1,801% |
| Gross operating margin | 9900 | €146,860 | €170,826 | +€23,966 | +16.3% |
| Operating profit (loss) | 9901 | €59,220 | €57,815 | -€1,405 | -2.4% |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €1,664 | €3,776 | +€2,112 | +127% |
| Recurring financial charges | 65 | €1,664 | €3,776 | +€2,112 | +127% |
| Profit (loss) for the period before taxes | 9903 | €57,556 | €54,068 | -€3,488 | -6.1% |
| Income taxes | 67/77 | €7,009 | €8,609 | +€1,600 | +22.8% |
| Profit (loss) for the period | 9904 | €50,547 | €45,459 | -€5,088 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,547 | €45,459 | -€5,088 | -10.1% |
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 23 October 2026 via checked.be.