ISO - CHASSIS: 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 - CHASSIS
Largest movements
- Stocks and contracts -€102,152
down €102,152 (-41.3%), from €247,306 to €145,154
- Receivables within one year -€67,112
down €67,112 (-32.4%), from €207,387 to €140,275
of which Trade receivables: -€53,092
- Financial fixed assets +€5,408
up €5,408 (+73.0%), from €7,408 to €12,816
- Profit (loss) carried forward -€77,112
down €77,112 (-188.8%), from -€40,843 to -€117,956
- Trade debts -€49,592
down €49,592 (-30.7%), from €161,497 to €111,905
- Tax, wage and social debts -€40,078
down €40,078 (-81.5%), from €49,160 to €9,082
of which Remuneration and social security: -€37,386
- Debts after one year -€20,535
no longer reported in 2024 (was €20,535)
- Other debts +€10,942
up €10,942 (+10.1%), from €108,296 to €119,238
- Gross operating margin -€162,712
down €162,712 (-89.4%), from €181,934 to €19,221
- Staff costs -€81,441
down €81,441 (-51.3%), from €158,878 to €77,437
- Depreciation -€7,538
down €7,538 (-90.4%), from €8,340 to €803
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.
Cash bridge derived
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 | €518,280 | €350,122 | -€168,158 | -32.4% |
| Fixed assets | 21/28 | €58,693 | €63,298 | +€4,605 | +7.8% |
| Tangible fixed assets | 22/27 | €51,285 | €50,482 | -€803 | -1.6% |
| Land and buildings | 22 | €37,745 | €36,942 | -€803 | -2.1% |
| Plant, machinery and equipment | 23 | €74 | €74 | = | 0.0% |
| Furniture and vehicles | 24 | €13,466 | €13,466 | = | 0.0% |
| Financial fixed assets | 28 | €7,408 | €12,816 | +€5,408 | +73.0% |
| Current assets | 29/58 | €459,588 | €286,824 | -€172,763 | -37.6% |
| Stocks and contracts in progress | 3 | €247,306 | €145,154 | -€102,152 | -41.3% |
| Stocks | 30/36 | €247,306 | €145,154 | -€102,152 | -41.3% |
| Amounts receivable within one year | 40/41 | €207,387 | €140,275 | -€67,112 | -32.4% |
| Trade receivables | 40 | €174,091 | €120,999 | -€53,092 | -30.5% |
| Other amounts receivable | 41 | €33,297 | €19,277 | -€14,020 | -42.1% |
| Cash at bank and in hand | 54/58 | €4,894 | €1,394 | -€3,499 | -71.5% |
| Total equity and liabilities | 10/49 | €518,280 | €350,122 | -€168,158 | -32.4% |
| Equity | 10/15 | €88,317 | €11,295 | -€77,022 | -87.2% |
| Contributions | 10/11 | €86,673 | €86,763 | +€90 | +0.1% |
| Reserves | 13 | €42,488 | €42,488 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,676 | €8,676 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,676 | €8,676 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,811 | €33,811 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,843 | -€117,956 | -€77,112 | -188.8% |
| Amounts payable | 17/49 | €429,963 | €338,827 | -€91,135 | -21.2% |
| Amounts payable after more than one year | 17 | €20,535 | - | -€20,535 | |
| Financial debts | 170/4 | €20,535 | - | -€20,535 | |
| Amounts payable within one year | 42/48 | €409,428 | €338,827 | -€70,601 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €15,157 | €20,342 | +€5,185 | +34.2% |
| Financial debts | 43 | €75,318 | €78,259 | +€2,941 | +3.9% |
| Credit institutions | 430/8 | €75,318 | €78,259 | +€2,941 | +3.9% |
| Trade debts | 44 | €161,497 | €111,905 | -€49,592 | -30.7% |
| Suppliers | 440/4 | €161,497 | €111,905 | -€49,592 | -30.7% |
| Taxes, remuneration and social security | 45 | €49,160 | €9,082 | -€40,078 | -81.5% |
| Taxes | 450/3 | €5,941 | €3,249 | -€2,692 | -45.3% |
| Remuneration and social security | 454/9 | €43,220 | €5,834 | -€37,386 | -86.5% |
| Other amounts payable | 47/48 | €108,296 | €119,238 | +€10,942 | +10.1% |
| Remuneration, social security and pensions | 62 | €158,878 | €77,437 | -€81,441 | -51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,340 | €803 | -€7,538 | -90.4% |
| Other operating charges | 640/8 | €9,020 | €8,152 | -€868 | -9.6% |
| Gross operating margin | 9900 | €181,934 | €19,221 | -€162,712 | -89.4% |
| Operating profit (loss) | 9901 | €5,696 | -€67,170 | -€72,866 | |
| Financial charges | 65/66B | €8,648 | €9,751 | +€1,103 | +12.8% |
| Recurring financial charges | 65 | €8,648 | €9,751 | +€1,103 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,953 | -€76,921 | -€73,968 | -2505.1% |
| Income taxes | 67/77 | €1,230 | €191 | -€1,039 | -84.4% |
| Profit (loss) for the period | 9904 | -€4,183 | -€77,112 | -€72,930 | -1743.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,183 | -€77,112 | -€72,930 | -1743.5% |
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 12 October 2026 via checked.be.