ISO - PERFECT: 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 - PERFECT
Largest movements
- Tangible fixed assets -€15,814
down €15,814 (-33.5%), from €47,267 to €31,453
of which Furniture and vehicles: -€9,961
- Receivables within one year +€5,599
up €5,599 (+75.1%), from €7,452 to €13,051
of which Trade receivables: +€4,129
- Cash +€3,217
up €3,217 (+5.9%), from €54,394 to €57,611
mainly Depreciation (+€17,673) and Other debts (+€2,907)
- Deferred charges and accrued income +€2,398
up €2,398 (+130.1%), from €1,843 to €4,242
- Debts after one year -€8,086
down €8,086 (-59.9%), from €13,495 to €5,410
- Other debts +€2,907
up €2,907 (+10148.8%), from €29 to €2,935
- Tax, wage and social debts +€1,303
up €1,303, from €0 to €1,303
- Gross operating margin -€11,493
down €11,493 (-35.0%), from €32,839 to €21,346
- Taxes -€2,653
down €2,653 (-76.6%), from €3,462 to €809
- Financial charges -€1,576
down €1,576 (-63.7%), from €2,476 to €900
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 | €118,520 | €114,637 | -€3,884 | -3.3% |
| Fixed assets | 21/28 | €47,332 | €31,517 | -€15,814 | -33.4% |
| Tangible fixed assets | 22/27 | €47,267 | €31,453 | -€15,814 | -33.5% |
| Land and buildings | 22 | €14,843 | €9,257 | -€5,586 | -37.6% |
| Plant, machinery and equipment | 23 | €6,484 | €6,217 | -€267 | -4.1% |
| Furniture and vehicles | 24 | €25,940 | €15,979 | -€9,961 | -38.4% |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €71,189 | €83,120 | +€11,931 | +16.8% |
| Stocks and contracts in progress | 3 | €7,499 | €8,216 | +€717 | +9.6% |
| Stocks | 30/36 | €7,499 | €8,216 | +€717 | +9.6% |
| Amounts receivable within one year | 40/41 | €7,452 | €13,051 | +€5,599 | +75.1% |
| Trade receivables | 40 | €5,473 | €9,603 | +€4,129 | +75.4% |
| Other amounts receivable | 41 | €1,979 | €3,448 | +€1,469 | +74.3% |
| Cash at bank and in hand | 54/58 | €54,394 | €57,611 | +€3,217 | +5.9% |
| Deferred charges and accrued income | 490/1 | €1,843 | €4,242 | +€2,398 | +130.1% |
| Total equity and liabilities | 10/49 | €118,520 | €114,637 | -€3,884 | -3.3% |
| Equity | 10/15 | €94,944 | €94,495 | -€449 | -0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €76,278 | €75,903 | -€376 | -0.5% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100.0% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100.0% |
| Distributable reserves | 133 | €74,419 | €75,903 | +€1,484 | +2.0% |
| Profit (loss) carried forward | 14 | €74 | €0 | -€74 | -100.0% |
| Amounts payable | 17/49 | €23,576 | €20,142 | -€3,434 | -14.6% |
| Amounts payable after more than one year | 17 | €13,495 | €5,410 | -€8,086 | -59.9% |
| Financial debts | 170/4 | €13,495 | €5,410 | -€8,086 | -59.9% |
| Amounts payable within one year | 42/48 | €10,081 | €14,638 | +€4,558 | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €7,904 | €8,091 | +€187 | +2.4% |
| Trade debts | 44 | €2,149 | €2,309 | +€161 | +7.5% |
| Suppliers | 440/4 | €2,149 | €2,309 | +€161 | +7.5% |
| Taxes, remuneration and social security | 45 | €0 | €1,303 | +€1,303 | |
| Taxes | 450/3 | €0 | €1,303 | +€1,303 | |
| Other amounts payable | 47/48 | €29 | €2,935 | +€2,907 | +10148.8% |
| Accrued charges and deferred income | 492/3 | €0 | €94 | +€94 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,410 | €17,673 | +€264 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €906 | €779 | -€127 | -14.0% |
| Gross operating margin | 9900 | €32,839 | €21,346 | -€11,493 | -35.0% |
| Operating profit (loss) | 9901 | €14,524 | €2,894 | -€11,630 | -80.1% |
| Financial income | 75/76B | €6 | €83 | +€78 | +1366.6% |
| Recurring financial income | 75 | €6 | €83 | +€78 | +1366.6% |
| Financial charges | 65/66B | €2,476 | €900 | -€1,576 | -63.7% |
| Recurring financial charges | 65 | €2,476 | €900 | -€1,576 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | €12,054 | €2,078 | -€9,976 | -82.8% |
| Income taxes | 67/77 | €3,462 | €809 | -€2,653 | -76.6% |
| Profit (loss) for the period | 9904 | €8,592 | €1,269 | -€7,323 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,592 | €1,269 | -€7,323 | -85.2% |
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 5 October 2026 via checked.be.