ISO - BOUW: 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 - BOUW
Largest movements
- Tangible fixed assets +€37,166
up €37,166 (+162%), from €22,894 to €60,059
of which Furniture and vehicles: +€45,757
- Deferred charges and accrued income -€26,303
down €26,303 (-82.5%), from €31,866 to €5,563
- Receivables within one year +€19,107
up €19,107 (+31.3%), from €61,090 to €80,198
of which Trade receivables: +€22,065
- Stocks and contracts -€12,591
down €12,591 (-42.6%), from €29,552 to €16,961
- Cash -€8,609
down €8,609 (-11.5%), from €74,674 to €66,066
mainly Investment in fixed assets (net) (-€63,764) and Other debts (-€40,483)
- Debts after one year +€65,379
up €65,379 (+774%), from €8,442 to €73,821
of which Other amounts payable: +€35,756
- Other debts -€40,483
no longer reported in 2024 (was €40,483)
- Trade debts -€28,373
down €28,373 (-49.6%), from €57,233 to €28,859
- Accrued charges and deferred income -€10,137
down €10,137 (-75.6%), from €13,411 to €3,274
- Current portion of long-term debt +€7,203
up €7,203 (+60.4%), from €11,925 to €19,128
- Gross operating margin +€16,432
up €16,432 (+38.7%), from €42,482 to €58,915
- Depreciation +€15,088
up €15,088 (+129%), from €11,701 to €26,789
- Taxes +€4,958
up €4,958 (+478%), from €1,038 to €5,997
- Other operating charges +€4,532
up €4,532 (+110%), from €4,117 to €8,650
- Financial income -€4,378
down €4,378 (-95.3%), from €4,594 to €216
of which Non-recurring financial income: -€4,500
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,588 | €230,168 | +€8,580 | +3.9% |
| Fixed assets | 21/28 | €24,404 | €61,380 | +€36,976 | +152% |
| Intangible fixed assets | 21 | €620 | €430 | -€190 | -30.6% |
| Tangible fixed assets | 22/27 | €22,894 | €60,059 | +€37,166 | +162% |
| Plant, machinery and equipment | 23 | €408 | €910 | +€502 | +123% |
| Furniture and vehicles | 24 | €4,172 | €49,929 | +€45,757 | +1,097% |
| Leasing and similar rights | 25 | €15,397 | €7,033 | -€8,364 | -54.3% |
| Other tangible fixed assets | 26 | €2,917 | €2,188 | -€729 | -25.0% |
| Financial fixed assets | 28 | €891 | €891 | = | 0.0% |
| Current assets | 29/58 | €197,183 | €168,788 | -€28,395 | -14.4% |
| Stocks and contracts in progress | 3 | €29,552 | €16,961 | -€12,591 | -42.6% |
| Stocks | 30/36 | €29,552 | €16,961 | -€12,591 | -42.6% |
| Amounts receivable within one year | 40/41 | €61,090 | €80,198 | +€19,107 | +31.3% |
| Trade receivables | 40 | €54,015 | €76,080 | +€22,065 | +40.8% |
| Other amounts receivable | 41 | €7,075 | €4,118 | -€2,958 | -41.8% |
| Cash at bank and in hand | 54/58 | €74,674 | €66,066 | -€8,609 | -11.5% |
| Deferred charges and accrued income | 490/1 | €31,866 | €5,563 | -€26,303 | -82.5% |
| Total equity and liabilities | 10/49 | €221,588 | €230,168 | +€8,580 | +3.9% |
| Equity | 10/15 | €87,894 | €96,713 | +€8,819 | +10.0% |
| Contributions | 10/11 | €13,634 | €13,634 | = | 0.0% |
| Reserves | 13 | €77,669 | €83,079 | +€5,410 | +7.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €67,669 | €73,079 | +€5,410 | +8.0% |
| Profit (loss) carried forward | 14 | -€3,409 | €0 | +€3,409 | |
| Amounts payable | 17/49 | €133,694 | €133,455 | -€239 | -0.2% |
| Amounts payable after more than one year | 17 | €8,442 | €73,821 | +€65,379 | +774% |
| Financial debts | 170/4 | €8,442 | €38,065 | +€29,622 | +351% |
| Other amounts payable | 178/9 | - | €35,756 | +€35,756 | |
| Amounts payable within one year | 42/48 | €111,841 | €56,360 | -€55,481 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €11,925 | €19,128 | +€7,203 | +60.4% |
| Trade debts | 44 | €57,233 | €28,859 | -€28,373 | -49.6% |
| Suppliers | 440/4 | €57,233 | €28,859 | -€28,373 | -49.6% |
| Taxes, remuneration and social security | 45 | €2,200 | €8,372 | +€6,173 | +281% |
| Taxes | 450/3 | €1,068 | €7,222 | +€6,155 | +576% |
| Remuneration and social security | 454/9 | €1,132 | €1,150 | +€18 | +1.6% |
| Other amounts payable | 47/48 | €40,483 | - | -€40,483 | |
| Accrued charges and deferred income | 492/3 | €13,411 | €3,274 | -€10,137 | -75.6% |
| Non-recurring operating income | 76A | - | €956 | +€956 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,701 | €26,789 | +€15,088 | +129% |
| Other operating charges | 640/8 | €4,117 | €8,650 | +€4,532 | +110% |
| Non-recurring operating charges | 66A | - | €515 | +€515 | |
| Gross operating margin | 9900 | €42,482 | €58,915 | +€16,432 | +38.7% |
| Operating profit (loss) | 9901 | €26,664 | €22,961 | -€3,703 | -13.9% |
| Financial income | 75/76B | €4,594 | €216 | -€4,378 | -95.3% |
| Recurring financial income | 75 | €94 | €216 | +€122 | +130% |
| Non-recurring financial income | 76B | €4,500 | - | -€4,500 | |
| Financial charges | 65/66B | €6,489 | €8,361 | +€1,873 | +28.9% |
| Recurring financial charges | 65 | €3,899 | €8,361 | +€4,462 | +114% |
| Non-recurring financial charges | 66B | €2,589 | - | -€2,589 | |
| Profit (loss) for the period before taxes | 9903 | €24,769 | €14,816 | -€9,953 | -40.2% |
| Income taxes | 67/77 | €1,038 | €5,997 | +€4,958 | +478% |
| Profit (loss) for the period | 9904 | €23,731 | €8,819 | -€14,912 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,731 | €8,819 | -€14,912 | -62.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.