Iso-Delta: 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-Delta
Largest movements
- Cash +€6,673
up €6,673 (+9.4%), from €71,273 to €77,945
mainly Trade debts (+€18,194) and Net result for the year (+€4,720)
- Receivables within one year +€4,732
up €4,732 (+12.8%), from €37,002 to €41,734
of which Trade receivables: +€4,723
- Stocks and contracts -€2,601
down €2,601 (-12.2%), from €21,266 to €18,665
- Tangible fixed assets +€2,462
up €2,462 (+12.6%), from €19,497 to €21,959
of which Furniture and vehicles: +€4,976
- Trade debts +€18,194
up €18,194 (+53.0%), from €34,305 to €52,499
- Tax, wage and social debts -€5,720
down €5,720 (-11.9%), from €48,219 to €42,499
of which Remuneration and social security: -€7,164
- Debts after one year -€5,607
down €5,607 (-74.1%), from €7,568 to €1,960
- Profit (loss) carried forward +€4,720
up €4,720 (+1,195%), from €395 to €5,114
- Staff costs +€47,877
up €47,877 (+27.1%), from €176,463 to €224,340
- Gross operating margin +€24,855
up €24,855 (+10.8%), from €229,498 to €254,353
- Taxes +€5,072
up €5,072 (+334%), from €1,516 to €6,589
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 | €154,720 | €165,309 | +€10,589 | +6.8% |
| Fixed assets | 21/28 | €24,068 | €25,712 | +€1,644 | +6.8% |
| Intangible fixed assets | 21 | €4,091 | €3,273 | -€818 | -20.0% |
| Tangible fixed assets | 22/27 | €19,497 | €21,959 | +€2,462 | +12.6% |
| Furniture and vehicles | 24 | €17 | €4,992 | +€4,976 | +29,919% |
| Other tangible fixed assets | 26 | €19,480 | €16,967 | -€2,514 | -12.9% |
| Financial fixed assets | 28 | €480 | €480 | = | 0.0% |
| Current assets | 29/58 | €130,652 | €139,597 | +€8,945 | +6.8% |
| Stocks and contracts in progress | 3 | €21,266 | €18,665 | -€2,601 | -12.2% |
| Stocks | 30/36 | €21,266 | €18,665 | -€2,601 | -12.2% |
| Amounts receivable within one year | 40/41 | €37,002 | €41,734 | +€4,732 | +12.8% |
| Trade receivables | 40 | €36,646 | €41,369 | +€4,723 | +12.9% |
| Other amounts receivable | 41 | €356 | €365 | +€9 | +2.5% |
| Cash at bank and in hand | 54/58 | €71,273 | €77,945 | +€6,673 | +9.4% |
| Deferred charges and accrued income | 490/1 | €1,112 | €1,253 | +€141 | +12.7% |
| Total equity and liabilities | 10/49 | €154,720 | €165,309 | +€10,589 | +6.8% |
| Equity | 10/15 | €39,840 | €44,560 | +€4,720 | +11.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €20,853 | €20,853 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,994 | €18,994 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €395 | €5,114 | +€4,720 | +1,195% |
| Amounts payable | 17/49 | €114,880 | €120,749 | +€5,870 | +5.1% |
| Amounts payable after more than one year | 17 | €7,568 | €1,960 | -€5,607 | -74.1% |
| Financial debts | 170/4 | €7,568 | €1,960 | -€5,607 | -74.1% |
| Amounts payable within one year | 42/48 | €106,812 | €118,289 | +€11,477 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €5,218 | €5,607 | +€389 | +7.5% |
| Trade debts | 44 | €34,305 | €52,499 | +€18,194 | +53.0% |
| Suppliers | 440/4 | €34,305 | €52,499 | +€18,194 | +53.0% |
| Taxes, remuneration and social security | 45 | €48,219 | €42,499 | -€5,720 | -11.9% |
| Taxes | 450/3 | €22,493 | €23,937 | +€1,444 | +6.4% |
| Remuneration and social security | 454/9 | €25,726 | €18,562 | -€7,164 | -27.8% |
| Other amounts payable | 47/48 | €19,070 | €17,684 | -€1,386 | -7.3% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Non-recurring operating income | 76A | €25,704 | - | -€25,704 | |
| Remuneration, social security and pensions | 62 | €176,463 | €224,340 | +€47,877 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,798 | €3,656 | -€141 | -3.7% |
| Other operating charges | 640/8 | €1,649 | €1,043 | -€606 | -36.8% |
| Non-recurring operating charges | 66A | €10,992 | €9,706 | -€1,286 | -11.7% |
| Gross operating margin | 9900 | €229,498 | €254,353 | +€24,855 | +10.8% |
| Operating profit (loss) | 9901 | €36,597 | €15,607 | -€20,990 | -57.4% |
| Financial income | 75/76B | - | €37 | +€37 | |
| Recurring financial income | 75 | - | €37 | +€37 | |
| Financial charges | 65/66B | €5,592 | €4,335 | -€1,256 | -22.5% |
| Recurring financial charges | 65 | €5,592 | €4,335 | -€1,256 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €31,005 | €11,308 | -€19,697 | -63.5% |
| Income taxes | 67/77 | €1,516 | €6,589 | +€5,072 | +334% |
| Profit (loss) for the period | 9904 | €29,489 | €4,720 | -€24,769 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,489 | €4,720 | -€24,769 | -84.0% |
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 18 October 2026 via checked.be.