ISO-MES: what changed
Two fiscal 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-MES
Largest movements
- Receivables within one year +€66,637
up €66,637 (+32.4%), from €205,499 to €272,136
of which Trade receivables: +€61,307
- Cash -€66,270
down €66,270 (-31.5%), from €210,522 to €144,252
mainly Contributions, distributions and other (-€200,000) and Tax, wage and social debts (-€125,783)
- Deferred charges and accrued income -€9,714
no longer reported in 2025 (was €9,714)
- Other debts +€167,381
up €167,381 (+1455486.6%), from €12 to €167,392
- Tax, wage and social debts -€125,783
down €125,783 (-51.8%), from €242,890 to €117,107
of which Taxes: -€171,769
- Profit (loss) carried forward -€93,829
down €93,829 (-46.6%), from €201,536 to €107,706
- Trade debts +€46,766
up €46,766 (+1234.9%), from €3,787 to €50,553
- Purchases and services +€94,262
up €94,262 (+48.0%), from €196,228 to €290,490
- Turnover +€83,780
up €83,780 (+10.6%), from €788,661 to €872,441
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.
Cash bridge derived
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 | €450,231 | €444,765 | -€5,466 | -1.2% |
| Fixed assets | 21/28 | €24,497 | €28,378 | +€3,881 | +15.8% |
| Tangible fixed assets | 22/27 | €24,285 | €28,166 | +€3,881 | +16.0% |
| Furniture and vehicles | 24 | €24,285 | €28,166 | +€3,881 | +16.0% |
| Financial fixed assets | 28 | €212 | €212 | = | 0.0% |
| Current assets | 29/58 | €425,734 | €416,388 | -€9,347 | -2.2% |
| Amounts receivable within one year | 40/41 | €205,499 | €272,136 | +€66,637 | +32.4% |
| Trade receivables | 40 | €193,698 | €255,005 | +€61,307 | +31.7% |
| Other amounts receivable | 41 | €11,801 | €17,131 | +€5,330 | +45.2% |
| Cash at bank and in hand | 54/58 | €210,522 | €144,252 | -€66,270 | -31.5% |
| Deferred charges and accrued income | 490/1 | €9,714 | - | -€9,714 | |
| Total equity and liabilities | 10/49 | €450,231 | €444,765 | -€5,466 | -1.2% |
| Equity | 10/15 | €203,036 | €109,206 | -€93,829 | -46.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €201,536 | €107,706 | -€93,829 | -46.6% |
| Amounts payable | 17/49 | €247,195 | €335,559 | +€88,363 | +35.7% |
| Amounts payable within one year | 42/48 | €246,688 | €335,052 | +€88,363 | +35.8% |
| Trade debts | 44 | €3,787 | €50,553 | +€46,766 | +1234.9% |
| Suppliers | 440/4 | €3,787 | €50,553 | +€46,766 | +1234.9% |
| Taxes, remuneration and social security | 45 | €242,890 | €117,107 | -€125,783 | -51.8% |
| Taxes | 450/3 | €208,212 | €36,443 | -€171,769 | -82.5% |
| Remuneration and social security | 454/9 | €34,678 | €80,664 | +€45,986 | +132.6% |
| Other amounts payable | 47/48 | €12 | €167,392 | +€167,381 | +1455486.6% |
| Accrued charges and deferred income | 492/3 | €507 | €507 | = | 0.0% |
| Turnover | 70 | €788,661 | €872,441 | +€83,780 | +10.6% |
| Non-recurring operating income | 76A | €2,365 | €8,848 | +€6,483 | +274.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €196,228 | €290,490 | +€94,262 | +48.0% |
| Remuneration, social security and pensions | 62 | €404,645 | €409,671 | +€5,027 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,493 | €20,048 | +€8,555 | +74.4% |
| Other operating charges | 640/8 | €1,273 | €1,119 | -€154 | -12.1% |
| Non-recurring operating charges | 66A | €5,851 | - | -€5,851 | |
| Gross operating margin | 9900 | €594,798 | €590,799 | -€3,999 | -0.7% |
| Operating profit (loss) | 9901 | €171,537 | €159,960 | -€11,577 | -6.7% |
| Financial charges | 65/66B | €145 | €165 | +€20 | +13.7% |
| Recurring financial charges | 65 | €145 | €165 | +€20 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €171,392 | €159,795 | -€11,597 | -6.8% |
| Income taxes | 67/77 | €51,379 | €53,624 | +€2,246 | +4.4% |
| Profit (loss) for the period | 9904 | €120,013 | €106,171 | -€13,842 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €120,013 | €106,171 | -€13,842 | -11.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.