ISO LUX: 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 LUX
Largest movements
- Receivables within one year -€48,888
down €48,888 (-48.1%), from €101,680 to €52,793
of which Trade receivables: -€49,046
- Cash -€5,873
down €5,873 (-26.8%), from €21,940 to €16,067
mainly Accrued charges and deferred income (-€24,612) and Trade debts (-€22,094)
- Tangible fixed assets -€3,972
down €3,972 (-24.1%), from €16,486 to €12,513
- Accrued charges and deferred income -€24,612
no longer reported in 2024 (was €24,612)
- Trade debts -€22,094
down €22,094 (-84.2%), from €26,245 to €4,151
- Current portion of long-term debt -€6,424
down €6,424 (-82.8%), from €7,762 to €1,337
- Tax, wage and social debts -€5,566
down €5,566 (-24.2%), from €22,999 to €17,433
of which Remuneration and social security: -€4,123
- Debts after one year -€2,001
no longer reported in 2024 (was €2,001)
- Write-downs +€31,487
new in 2024: €31,487
- Gross operating margin +€28,983
up €28,983 (+32.6%), from €88,940 to €117,923
- Staff costs +€5,566
up €5,566 (+7.8%), from €71,305 to €76,871
- Taxes -€2,267
down €2,267 (-69.2%), from €3,279 to €1,011
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 | €140,181 | €81,448 | -€58,733 | -41.9% |
| Fixed assets | 21/28 | €16,561 | €12,588 | -€3,972 | -24.0% |
| Tangible fixed assets | 22/27 | €16,486 | €12,513 | -€3,972 | -24.1% |
| Furniture and vehicles | 24 | €16,486 | €12,513 | -€3,972 | -24.1% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €123,620 | €68,860 | -€54,761 | -44.3% |
| Amounts receivable within one year | 40/41 | €101,680 | €52,793 | -€48,888 | -48.1% |
| Trade receivables | 40 | €71,275 | €22,230 | -€49,046 | -68.8% |
| Other amounts receivable | 41 | €30,405 | €30,563 | +€158 | +0.5% |
| Cash at bank and in hand | 54/58 | €21,940 | €16,067 | -€5,873 | -26.8% |
| Total equity and liabilities | 10/49 | €140,181 | €81,448 | -€58,733 | -41.9% |
| Equity | 10/15 | €56,563 | €58,528 | +€1,964 | +3.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,303 | €44,268 | +€1,964 | +4.6% |
| Amounts payable | 17/49 | €83,618 | €22,920 | -€60,697 | -72.6% |
| Amounts payable after more than one year | 17 | €2,001 | - | -€2,001 | |
| Financial debts | 170/4 | €2,001 | - | -€2,001 | |
| Amounts payable within one year | 42/48 | €57,005 | €22,920 | -€34,085 | -59.8% |
| Current portion of amounts payable after more than one year | 42 | €7,762 | €1,337 | -€6,424 | -82.8% |
| Trade debts | 44 | €26,245 | €4,151 | -€22,094 | -84.2% |
| Suppliers | 440/4 | €26,245 | €4,151 | -€22,094 | -84.2% |
| Taxes, remuneration and social security | 45 | €22,999 | €17,433 | -€5,566 | -24.2% |
| Taxes | 450/3 | €5,968 | €4,524 | -€1,443 | -24.2% |
| Remuneration and social security | 454/9 | €17,031 | €12,908 | -€4,123 | -24.2% |
| Accrued charges and deferred income | 492/3 | €24,612 | - | -€24,612 | |
| Remuneration, social security and pensions | 62 | €71,305 | €76,871 | +€5,566 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,468 | €5,167 | +€698 | +15.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €31,487 | +€31,487 | |
| Other operating charges | 640/8 | €1,919 | €1,048 | -€871 | -45.4% |
| Gross operating margin | 9900 | €88,940 | €117,923 | +€28,983 | +32.6% |
| Operating profit (loss) | 9901 | €11,248 | €3,350 | -€7,897 | -70.2% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,030 | €374 | -€655 | -63.6% |
| Recurring financial charges | 65 | €1,030 | €374 | -€655 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €10,221 | €2,976 | -€7,245 | -70.9% |
| Income taxes | 67/77 | €3,279 | €1,011 | -€2,267 | -69.2% |
| Profit (loss) for the period | 9904 | €6,942 | €1,964 | -€4,978 | -71.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,942 | €1,964 | -€4,978 | -71.7% |
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 9 October 2026 via checked.be.