Iso Fen: 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 Fen
Largest movements
- Receivables within one year -€47,266
down €47,266 (-34.9%), from €135,389 to €88,123
of which Other amounts receivable: -€55,063
- Tangible fixed assets -€6,227
down €6,227 (-66.0%), from €9,438 to €3,211
of which Furniture and vehicles: -€3,488
- Tax, wage and social debts -€31,241
down €31,241 (-81.5%), from €38,343 to €7,101
- Advances received -€9,000
no longer reported in 2025 (was €9,000)
- Current portion of long-term debt -€8,206
down €8,206 (-57.3%), from €14,309 to €6,103
- Profit (loss) carried forward +€7,075
up €7,075 (+12.7%), from €55,710 to €62,784
- Debts after one year -€6,103
no longer reported in 2025 (was €6,103)
- Financial charges +€7,644
up €7,644 (+122%), from €6,272 to €13,916
- Staff costs -€6,276
down €6,276, from €6,055 to -€221
- Gross operating margin +€3,250
up €3,250 (+11.5%), from €28,293 to €31,543
- Financial income -€1,949
down €1,949 (-38.6%), from €5,043 to €3,095
- Depreciation -€1,875
down €1,875 (-23.1%), from €8,102 to €6,227
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,864 | €113,245 | -€52,619 | -31.7% |
| Fixed assets | 21/28 | €9,438 | €3,211 | -€6,227 | -66.0% |
| Tangible fixed assets | 22/27 | €9,438 | €3,211 | -€6,227 | -66.0% |
| Plant, machinery and equipment | 23 | €5,950 | €3,211 | -€2,739 | -46.0% |
| Furniture and vehicles | 24 | €3,488 | - | -€3,488 | |
| Current assets | 29/58 | €156,426 | €110,034 | -€46,391 | -29.7% |
| Amounts receivable within one year | 40/41 | €135,389 | €88,123 | -€47,266 | -34.9% |
| Trade receivables | 40 | €40,088 | €47,885 | +€7,797 | +19.5% |
| Other amounts receivable | 41 | €95,301 | €40,238 | -€55,063 | -57.8% |
| Cash at bank and in hand | 54/58 | €21,036 | €20,377 | -€659 | -3.1% |
| Deferred charges and accrued income | 490/1 | - | €1,534 | +€1,534 | |
| Total equity and liabilities | 10/49 | €165,864 | €113,245 | -€52,619 | -31.7% |
| Equity | 10/15 | €69,970 | €77,044 | +€7,075 | +10.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,710 | €62,784 | +€7,075 | +12.7% |
| Amounts payable | 17/49 | €95,894 | €36,201 | -€59,693 | -62.2% |
| Amounts payable after more than one year | 17 | €6,103 | - | -€6,103 | |
| Financial debts | 170/4 | €6,103 | - | -€6,103 | |
| Amounts payable within one year | 42/48 | €89,791 | €36,201 | -€53,590 | -59.7% |
| Current portion of amounts payable after more than one year | 42 | €14,309 | €6,103 | -€8,206 | -57.3% |
| Trade debts | 44 | €28,139 | €22,996 | -€5,142 | -18.3% |
| Suppliers | 440/4 | €28,139 | €22,996 | -€5,142 | -18.3% |
| Advances received on contracts in progress | 46 | €9,000 | - | -€9,000 | |
| Taxes, remuneration and social security | 45 | €38,343 | €7,101 | -€31,241 | -81.5% |
| Taxes | 450/3 | €38,343 | €7,101 | -€31,241 | -81.5% |
| Remuneration, social security and pensions | 62 | €6,055 | -€221 | -€6,276 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,102 | €6,227 | -€1,875 | -23.1% |
| Other operating charges | 640/8 | €4,704 | €4,741 | +€37 | +0.8% |
| Non-recurring operating charges | 66A | €664 | - | -€664 | |
| Gross operating margin | 9900 | €28,293 | €31,543 | +€3,250 | +11.5% |
| Operating profit (loss) | 9901 | €8,768 | €20,796 | +€12,028 | +137% |
| Financial income | 75/76B | €5,043 | €3,095 | -€1,949 | -38.6% |
| Recurring financial income | 75 | €5,043 | €3,095 | -€1,949 | -38.6% |
| Financial charges | 65/66B | €6,272 | €13,916 | +€7,644 | +122% |
| Recurring financial charges | 65 | €6,272 | €13,916 | +€7,644 | +122% |
| Profit (loss) for the period before taxes | 9903 | €7,539 | €9,975 | +€2,435 | +32.3% |
| Income taxes | 67/77 | €4,107 | €2,900 | -€1,207 | -29.4% |
| Profit (loss) for the period | 9904 | €3,433 | €7,075 | +€3,642 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €3,433 | €7,075 | +€3,642 | +106% |
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 24 October 2026 via checked.be.